Are You RICH or Are You POOR?

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Are you RICH or are you POOR?

For as he thinketh in his heart, so is he. ~ Proverbs 23:7

It’s a question that many people don’t think about that could truly shed some light on why people are  where they are in life. The answer isn’t as simple as it seems.

 Knowing if your RICH or POOR upfront is a direct reflection of your success in life.  

Now, let me be clear… I’m not talking about what’s in anyone’s bank account or what’s in anyone’s wallet. Some people may use that as a way to determine if they’re RICH or POOR, but that isn’t fully what this post is about. 

I want to show you another way to answer this question. I’m talking about something a little more deeper than your account balance. There is only one word that sums it all up… (I gave you a little hint already…)

 Mindset!

What kind of Mindset do you have when it comes to your business? Or even your personal goals?

Most people will say, “Oh it’s a positive mindset…”

Ok?? What does that really mean? Does that positive mindset have the ability to take you to the next level or keep you spinning in circles?

When I asked if you were RICH or POOR, I really want to talk about people who always Pass Over Opportunities Repeatedly. It’s funny because I just found out about this from a friend a while back. If you look really close at what I just said, you’ll notice the Acronym. I bolded the beginning letters of each word for you. It says P.O.O.R!

 

Think about it for a minute. Is that you?

Let me ask you something

Do you have a P O O R mindset? I know I used to. Every time I would be presented with something spectacular, that I knew could help me get the results I wanted, I’d look at my current situation and tell myself…..Nope, it’s just not possible.

Usually it was because I didn’t feel like I had the potential I wanted, I was lazy, I didn’t understand it fully, nor did I take the time to research it so I would understand it….And let’s keep it REAL…One of the biggest reasons was because I didn’t feel I had the MONEY!

My bank account was what always dictated what I wanted to do. Your bank account can be a dream killer if you let it. You get all happy like a little kid in a candy store whenever you see a great opportunity to do this or do that, but once you turned to your bank account….IT shook its head, “NO!”

This started to piss me off and I’m sure you probably feel or felt the same way. You need to be in control and live life on my terms. Not only do you have your BOSS telling you what to do all the time, but you even have your freaking bank account telling you what to do too!

What now, should you ask for your Boss for another raise?

That won’t matter. It’s not about just about how much money you have, but how you choose to spend, or should I say invest that $$ that will make the difference.

What Needs To Change In Your Life In Order To See Changes In Your Business…

At the core of your bank account is something that needs to change. Something that will allow you to increase the amount of money in your bank account and allow you to finally start doing what you really want to do.

That something was my Mindset!

You have to change from a  POOR Mind frame to a RICH mind frame. I found out that RICH is an Acronym too. I was told it stood for Receives Income Consistently and Honestly!

That’s what truly separates the RICH from the POOR. While the POOR Pass Over Opportunities Repeatedly the RICH jump all over the opportunities and Receive Income Consistently and Honestly. (Well…maybe not all of them are honest, but there’s another word for they’re type that I’m sure I’ll get kicked out of here for using. So I’ll leave it up to your imagination. lol)

Look, the next time you’re presented with an opportunity, don’t say, “Well, I don’t have enough money, so I guess it’s not my time”.

Instead, say “What can I do in my life that will help me get the money I need to do what I truly want to do.”

I’m not talking about working overtime either. However it is similar. If you work overtime at your daily job, you normally get extra money.

But, what if you worked overtime in your personal life? What if you put some extra time in figuring out how to do whatever it is you want to do? If something costs too much, think about what you can sell, or what you can do on the side to start Receiving Income Consistently and Honestly. Then when the time is right, go for it!

This is how you should always think. It doesn’t have to all come to an end. What can you do to improve your situation? That’s the top question. If you’ve read my blog this far, then you may actually be someone who is serious about what you want to do.

Before you go… 

Before you get out there and make it happen, I want you to realize that I’m not asking you to be naive and jump on every train smoking. There is a key difference between a genuine opportunity and an outright gimmick. Do your due diligence and make a good judgment. Don’t use the “If it’s too good to be true, then it probably is” quote either, because it may burn you like it has burned me several times in the past. 

Decide whether you have a P.O.O.R mind frame…(Someone who Passes Over Opportunities Repeatedly, or someone who has a R.I.C.H. mind frame…. (Someone who Receives Income Consistently and Honestly!

You’re in Control!

“To get something you never had, you have to do something you never did!” ~Probably someone with a R.I.C.H mindset

“The Circumstances in which we find ourselves in today are a direct reflection of the decisions we made yesterday” ~ Jon Matthews

To your Success,
J. Lamar Ferren
New Breed Investor

Ps. Leave a comment and feel free to honestly answer the question!

Photo credit: penywise from morguefile.com & Microsoft Clipart

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.