A self-made millionaire who studied 1,200 wealthy people realized they find comfort somewhere unexpected
The way the richest people think sets them apart from the average population.
It's a concept that's been around for nearly a century - journalist Napoleon Hill introduced the psychological barriers preventing many of us from getting rich 78 years ago - but is still more than relevant today.
In a more recent study, of over 1,200 of the world's wealthiest people, self-made millionaire Steve Siebold uncovered similar findings, which he details in his book, "How Rich People Think."
He noticed something surprising throughout his research: Rich people find comfort in uncertainty.
Meanwhile, the average person finds peace of mind in familiarity, and hesitates to leave their comfort zone.
This desire for comfort comes at a cost.
"Physical, psychological, and emotional comfort is the primary goal of the middle class mindset," Siebold writes. "World class thinkers learn early on that becoming a millionaire isn't easy and the need for comfort can be devastating. They learn to be comfortable while operating in a state of ongoing uncertainty."
If you want to get rich, you have to be OK with being uncomfortable. If you're not, learn how to be, Siebold advises: "The great ones know there's a price to pay for getting rich, but if they have the mental toughness to endure temporary pain, they can reap the harvest of abundant wealth for the rest of their lives."
Start adopting this mindset today with one of Siebold's suggested strategies: "Make a list of the five things you must do today that are uncomfortable but will help you build your financial fortune."
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- Election Commission issues notification for sixth phase of Lok Sabha polls
- 6 Coffee recipes you should try this summer
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market