1% Mentality.
If you had 10 million dollars in your bank account, would you give a homeless person 1 dollar?
What about a thousand dollars?
What if the homeless person came up to you with an idea for a new business, but it would require a sizeable investment of 1 million dollars — would you give it to them, then?
What if the potentiality of its success was very low? Could you trust them to even get the job done?
What if they asked for 5 million dollars to start that new venture?
What if they asked for your entire 10 million dollars, but promised (on their word) that they would get it back to you! Would you give them your entire sum of money?
What if it required 11 million dollars, but it was a “sure fire plan!” Would you take out a 1 million dollar loan, just to help them out?
* * * * *
While going through each of the above scenarios, there had to have come a point where you said, "no." Personally, I would have dropped off at scenario one, as I’d rather give them something more useful like food than money, but that's just me…
Though, if you are that amazingly altruistic person that said yes all the way until the very end — please e-mail me. I have a SURE FIRE business venture that I want to share with you!
That being said, there's a reason why the "1%" primarily keep their earnings in-house. Think about it, there are levels to understanding which we may think we comprehend on a micro-level, but how many of us actually have a solid grasp on things like: global economics, market systems, sociology, psychology, global politics, global finance, or even basic accounting? Very few; and, typically, those that do possess this level of comprehension are already carrying around with them a sizeable amount of cash in their bank accounts...
Having lots of money isn’t a 'stroke of luck' or 'circumstance' thing. It’s a mindset, competence, and comprehension thing!
“That’s not true, a lot of people are born with money.” Sure, but they also have the skillset and foundation to propagate it — or else, they, too, will eventually go broke.
Think about how many friends you have (potentially even yourself) that spend money superficially rather than reinvest it back in themselves. Sure, the "rich" out there may spend their earnings lavishly (I, personally, live in an area where there are a lot of foreign youngsters riding around in top of the line performance cars), but somewhere along that money-chain, you'll find someone doing their darnedest to keep that cashflow going. Whether it be re-investing in stocks, bonds, trusts or successful corporate entities.
You’d be surprised at how much risk it actually takes to run a company. Statistically, it has been shown that 80% of all small businesses (you’ve got to go 'small' first before you can even think about going 'big') fail within their first 18 months of operation. That percentage substantially increases over time. Why? It’s not easy! If it were, everyone and their mother would have a small business successfully running out there! Small business owners know how to take risks and manage those risks accordingly. On top of that, they also re-invest the money that they have earned back into their company! Those fancy watches, nice cars and expensive suits that they may be showing off? Those are in-excess to what they’ve already invested back into their biggest investment: themselves. What you see is just the icing on the cake — and if it’s not — well, they’ll soon be joining the other long list of individuals who failed in starting their own small businesses!
The thing is, rather than vilify the supposed 1%'ers out there, as yourself "Why?"
* * * * *
Why do I expect money to just trickle down into my pocket if I, myself, wouldn’t readily give it away?
Why do I envy their superficial aesthetics when in reality that’s only the tip of the iceberg that I get to see?
Why do I get upset when I’m not taking any risks or re-investing back into myself?
Why do I think they’re evil, when in reality I’m just not like them?
* * * * *
Making money takes work, it takes patience, it takes commitment, and it takes the ability to believe in yourself enough to put aside what you ‘think’ you want (just to satisfy your own feeble self-identity) and reinvest what little you have back into making yourself better!
Whether it be new equipment, books to educate yourself, or time spent with these high-performing individuals, asking them what makes them tick; NOT, money spent on new clothes, shots at the bar, or time spent in front of your fancy new big-screen TV...
-the choice is yours, just quit complaining — and Do Work, Son!