Thursday, September 1, 2011

Wealth Strategy: Rich people choose to get paid based on results.

Rich people choose to get paid based on results. Poor people choose to get paid based on time.
Source: Secrets of Millionaire Mind by Harv T. Eker

There is nothing wrong with receiving a steady pay check. The only  consequences that you will be denied with the opportunity to earn even more if you choose to get paid based on results.

Poor people prefer to get paid based on time. They are afraid, they want the security of knowing that they will receive this amount of money at the end of the required time.

Poor people settle on earning just enough for them to survive and be comfortable. Rich people choose to get paid based on produce, on commission. They choose stock options than high salaries.

In the financial world the rewards are usually proportionate to the risks. Rich people believe in themselves.

Poor people trade their time for money. the problem with these is that your time is limited so that means that your income will also be limited.

I encourage everyone to have their own business, be it full time or part time.  Majority of millionaires became rich by being in their own business.

Selling is one of the worlds highest paid professions