decided to turn our North Georgia summer retreat into our full-time residence.
We decided to make a few changes to the
property now that we would be living in it year-round. As I was getting into my
car one morning, three of the workers paused from what they were doing and stared me down.
I stopped and asked if everything was ok,
and one of the men said, "It's not fair. You have this beautiful home and a nice car while we are stuck doing hard labor for just a little more than minimum wage."
I approached the men, and we ended up
speaking about building wealth for more
than an hour. I shared with them that life wasn't always this good, and at one point I was $50,000 in debt and didn't know how I would climb out of it. The men shook my hand and thanked me for sharing my insights.
Fast forward to this morning and I was
again about to get into my car. A man
driving a truck down the street stops in
front of my house and yells, "Mr. Siebold, I took your advice and started my own
company. I have five employees working
for me and business is booming. My
family and I are experiencing freedom like we never thought possible."
He continued, "Please share your words of wisdom with others."
So moved that this man turned his life
around, I'm now going to take his advice
and share the takeaways from that
conversation six months ago:
1. In a free-market economy, anyone can
make as much money as they want.
2. Your background, highest level of
education, or IQ is irrelevant when it comes
to earning money.
3. The fastest way to make money is to solve a
problem. The bigger the problem you solve,
the more money you make.
4. Don't listen to the naysayers who tell you
that life is supposed to be a struggle and that
you should settle and be grateful for what
you have.
5. Expect to make more money. For this one
you have to think big. $100,000, $500,000,
or why not $1 million?
6. Lose the fear and scarcity mindset and start
seeing money for all the good things:
freedom, opportunity, possibility, and
abundance.
7. Being rich isn't a privilege. Being rich is a
right. If you create massive value for
others, you have the right to be as rich as
you want.
8. Don't wait for your ship to come in. You're
not going to be discovered, saved, or made
rich by an outside force. If you want a lot
of money, build your own ship. No one is
coming to the rescue.
9. Stop worrying about running out of money
and focus on how to make more. Constantly
worrying about money is no way to live.
Dream about money, instead.
10. Stop telling yourself that getting rich is outside of your control. The truth is that making money is an inside job.
Just like the man working at my home six
months ago who was frustrated over his
finances and held a grudge against the
rich, you too have the power to change
your financial situation. Maybe you've
been living in debt for years or maybe
you've just dreamed of having more; it's all possible if you make the decision and
really set your mind to it.
Steve Siebold is author of "How Rich People
Think," and a self-made millionaire who has
interviewed more than 1,200 of the world's
wealthiest people.
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