How to Become Rich: 5 Reasons Why Most Don't Become Wealthy
2024 ж. 18 Мам.
2 052 804 Рет қаралды
Are you holding yourself back from your financial freedom? Watch this video to learn the five common mistakes that prevent people from becoming wealthy and achieving financial success. bit.ly/24H9R1s
For my FREE report The Way To Wealth: Click the link above.
• How to Become Rich: 5 ...
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*SUMMARY* *1.* _Stop surrounding yourself with losers._ *2.* _Set goals. Pursue them._ *3.* _PURSUE THEM. _*_NOW._* *4.* _Save your money, don't blow your cash as soon as you get it._ *5.* _Invest for your future._
Easy
MoralDeQue Thanks
Yeah pretty much
Thank you
1.be with lion. 2.set goals 3.take actions 4. Save money.
1.never see it as a posibility to be wealthy 2.never making the decision to become wealthy 3.procrastination 4.not being able to delay gratification 5.not planning enough important decisions
Jo Clavet
Jo Clavet Thanks
Rubbish. The system is setup in such way that it benefits those in power mostly. This was ALWAYS the case... it was the case in ancient Greece, in Roman times, in Monarchies, in Feudalism and it is still the case with Capitalism. Today the capitalism as a system is most extreme in this. It is simply not possible for everyone, or even a majority, to become rich. Being rich is not amount of money one has (if everyone had million dollars, or any other form of money/value, everyone would be equal which would mean no one would be rich or poor, simply having million of dollars would be a norm. It is the ratio of the money you have compared to amount of money the people with highest amount of money have that categories one where on this scale of wealth he or she is. The capitalism system is setup to "take care of" profits for the owner(s) first and ALWAYS profits first. In this system it is NOT POSSIBLE for the workers to be rich... and anyone that is not having a job to have any normal kind of live... period.
Ed what if someone said to you think about what you love to do what you could see your self doing forever and helping others while doing it. Think about what you could do today to make that dream a possibility. I started with a small idea which is now my dream an I have come from a humble background. Start a small service based business trading your time for an income but it needs to be something you love to do not about the money. Now I will offer you this like my father offered it to me take a look at Think and grow rich by Napoleon Hill (Make sure to get the original 1937?? version google it because there are corrupt versions out there) and I think you may just start to think differently about what Mr Tracy is trying to say here. It is truly our mind that stops us from pursuing our goals our confidence in our own abilities that let us down and the way in which we view money that are the biggest factors. This has been instilled in us through our schooling systems unfortunately. This however does not mean education is not important it means we should use it to our advantage and not let the first thing we hear or see be the end of it and you seem like the type of person who would do this. Anyhow start with the above mentioned book sending peace and good vibes your way :)
sorry i meant to say "wouldnt do this" for lack of words
He forgot the most important reason of all...the ability to make sacrifices to achieve your long term goals... I was made fun of for months by friends and former fellow workmates while I lived in my 1979 Ford pickup truck that had so little available room to sleep in , that my head was less than 2 inches from the roof of the camper shell as I laid down to sleep each night, and it was either freezing cold or sweltering hot for the 6 months that I stayed in that truck to save money to start my own business. After 20 years of success , i laugh about the experience , and am proud to say that I was able to make over 2 million dollars in profits by saving the $3,000 dollars in rent costs I would have had to spent 21 years ago, to help finance my business start up. Not a bad return on my investment.
+jawn1977jaws is this legit? because if so, I am so proud of you!
+jawn1977jaws I don't want to say you were lucky, but you were definitely in the right spot at the right time to know that you wanted to start a business and you knew what type of business you wanted to start. I'd like to go into business for myself, logically I see its how to get ahead in life.. You have more maneuverability as far as resource management goes, time and money in your life, as opposed to working for someone else for a pay check. Plus you have tax write offs, at least in the US if your a business as opposed to working for someone else. Income taxes are killing me...
The last thing that he said about the couple who started the college fund is that they were willing to sacrifice in the short-term al that they could benefit in the long term. Exactly what you did. I have thought about doing something like that. Congrats on your success.
+jawn1977jaws it was actually point #5
I fucking love you for this man! This is what America is all about!
Asian immigrant. Missionary parents. All my life I was overweight, introverted, bullied. Now age 30. $500,000 in the bank. A house, a wife, a kid. You can do it too. Just don't ever settle.
Tim Kim how'd you do it
Tim Kim can you donate . Homeless. Email. Kimbig39@gmail any help please. Harvey victim . 4 kids red cross gave me $100.
Chanel Maki lol
Tim Kim life is miserable and we all die on e day. What is the purpose of achieving something?
Bobby Pom Hahahah keep thinking that way you fucking loser. Get up and do something or you'll be depressed forever. Just do it !
Those camera angle changes had me laughing but the advice is so true
James Revels Composer Yes it is funny - now looking back. This is one of my older videos.
+James Revels Composer The small pause after the camera shifts is what got me lol
+Brian Tracy What a legend!
Lmao right
+James Revels Composer like 0:31
I believe wealth creation is getting money earned as well as bonus to also work for you. Provide more for one from what he already has.
No doubts there man. How does your money work for you man?
Just as mentioned, months ago I began putting in my capital into stocks and fx investments. Finding a genuine pro has really proved more than lucrative for my investments. So now I continue investing on the market.
It’s no secret how lucrative and profit worthy investing on the trade market can be, speaking for myself I’ve never considered going into it but I think it’s time for a change of mind
Facts investing on the trade market has been more than lucrative for me this passed month. Thank you man. Indeed he lives up to his reputation
I found his bio page Noud Mikan online He’s the real deal
I don't think most people realize what he means when says "you have to decide to become wealthy". When you decide, you cut off any other possible outcomes in your life, and commit yourself 110% to becoming wealthy - doesn't matter if it will take a year, ten years or twenty - if you go there one step at a time and refuse to quit, you'll eventually get there.
Procrastination was my Achilles heel for years. It was a nasty behavioral trait that I just could not shake for many years. Eventually, I received so many bumps and bruises from it, I finally said enough! And broke that terrible chain. My life started to change rather quickly after that, and improved ten fold. I'm still not where I want to be, but I've covered so much ground and can see the light at the end of the tunnel.
Lynx Star Automotive That has always been my greatest enemy. Having the discipline to move your ass, do what you KNOW that you have to do, especially when you absolutely DO NOT want to.... thats probably the biggest reason that I am so rich today. But going to the gym to work out... The Procrastinator still wins too often :-)
Torben Rudgaard What I can tell you is to surround yourself with ppl who have achieved the goals you seek, or ppl who were once in your predicament, and broke out of it. That was the biggest move I made. I started to attend small business meet ups and seminars in my area. Networked with ppl who had what I wanted, or were once like me, and had taken the leap. Once I started to see what they did, and what they know, it was enough motivation for me to jump ahead and take the leap. The funny thing is, the hardest part is taking the plunge. Once you do, everything else starts to fall into place, and becomes very obvious and straight forward. The other funny thing is, I met so many ppl that had achieved what I wanted, and when I got to meet them on a personal level, I realized there was not much too them, or that they were not really all that special or unique. They just simply put, had more courage than I did at the time.
i was a slave to procastination too, until i finally took action and invested my little money i had in a small Franchise business..i wish i stayed a procastinator! i've been on the verge of bankrupcy for months, and now after almost 4 years of worries and struggles, i'm still not out of the woods yet. and i did try pretty hard to make it work..so the message here is, it's ok to bragg when things go well, but for many people who also took steps to change their life for the better, they ended up for the worse.. I don't know if luck is a factor, or maybe it's just that some people have got the gift of making money, but the guy in this video makes just too simplistic assumptions to why people don't become wealthy.
+Sergio Dario there is no such thing as luck when it comes to money. It's all discipline and dedication. Why do you accept failure? Do you think every wealthy person hit a home run at their first at-bat? Most fail, several times before they get it right. Most start ups fail within the first 18 months. This is because running a business is its own animal. It is difficult and has a learning curve, but it's not impossible. The very industry that has opened so many doors for me, was my failure point (twice) in my life. It was part of my procrastination, fear of failure. That I would never get it right. But eventually I said well so what if I fail? I can get back up, I have done it already twice before. So I studied the why of my failures, and made sure to not repeat them again. Armed myself with new knowledge, and so far so good. 3 times was the charm for me. It might be two for someone else, or 30. The point is to live and learn, and love what you do.
+Sergio Dario In this life , all people can't be rich or poor. There should be a balance in this life. To be wealthy that is something depends on many factors. I know many people who they are making a lot of money while they are in reality not that smart! ...
“Move out of your comfort zone. You can only grow if you are willing to feel awkward and uncomfortable when you try something new.” - Brian Tracy
I am leaving this post here as a form of gratitude, since that is one of the least thing I could do to appreciate the things Mr Silverster Wilfred as done or me Most of us has tried a lot of methods but we keep missing it because we have no personal guide.
I am very confident trading with Sir Silverster's strategy because of the steady income he makes for me. He has never faltered. I never thought I would grow such profit over a short time
I just want to use this medium to appreciate this amazing trader Silverster. Keep up the good work Sir.
Hello I would like to work with him, I saw a bunch of comments about him on other videos and I asked for his email but got no reply from any. Please help me out?
Hey there, can you explain a bit what you mean? I'm seeking a way to make money of trading a few thousand dollars in stocks?
Hi how can I contact your portfolio manager, how good is he and how much profit have you made so far??
Great words of wisdom from someone who's walked the talk. Some amazingly dumb comments below from stupid people who will never be wealthy. You think it's luck? Better stick with buying lottery tickets then. And you'll have millions of similar losers to console you each and every week...
Elite Investor TV I
Wealth is very easy to get. His words are very basic to those of us that already know this without some phony barking on video . I personally have worked with this particular person and I'm not a fan. He's a phony, he's rude and I refuse to ever shoot with his person again. I have over 15 20 videos that were produced in our studio from this horrendous talent.
vdomedia are you talking about eliteinvestor or Brian Tracy?
Yeah, fucking losers. Amirite?
I AM TALKING ABOUT BRAIN TRACY
There are only 3 things which are necessary in order to attain financial wealth: 1. Have no liabilities. 2. Own assets which produce income (ie. save). 3. Minimise outgoings. Good luck.
Leondardodel vici It is. I will recommend 3 books to change your life: 1. The Money Game - Adam Smith 2. The Battle For Investment Survival - Gerald M. Loeb 3. Contrarian Investing for the 90's - Richard E. Band You can buy these used on eBay for a few pounds. They will change the way you think for the better. Wish I'd read them when I was a teenager.
I'm 15 and love supercars, I want to do penny stock marketing to gain money I know it will take a long time to make millions but if others can do it I can do it too.
☺🙌🙌 I like the way you think
stay away from penny stocks. it looks interesting but trust me you will loose
Jada Patterson You just have to believe
First stop loving cars. They are the worst investment. Second dont try getting rich, but try reading how to increase your assets and money. If you start young you will get more and more if it your money grows with intrest upon intrest. Thats how warren buffet did it. Third dont go short or long overnight(only with your own money and not with borrowed money or a buy/sell clause from someone else)It will ruin you eventually, especially with peny stock of stocks in lower busssinesses. Fourth be patient and keep learning all you can. Fithh. Please tell me in 10 years how youve become:) 6th read your money or your life. It would have saved me 20-30 grand in the last 10 years:( ;) I tell you my story(i started last year 10-15 years late but we got time enough).
you ain't gonna be rich stop dreaming kid the world is darker cruel place then you think. full of lies and corruption
The comments to these videos always piss me off, because there is inevitably a long list of comments with people saying you need to be born rich, or you need to be lucky, or something else like that. Folks, if you keep telling yourself that, then you won't be rich. Period. Just take 5 freaking minutes and reconsider what you have been told your whole life about becoming rich. I mean actually stop what you are doing and tell yourself out loud that you are wrong about money. I did this a few years back, and I remember that moment vividly. I haven't thought the same way about money since then. Most of us grow up learning financial skills from parents who aren't rich. The key is to challenge what you have always believed and go back to the basics. I mean the very basics, such as your understanding of the very concept of money. Money is a way to exchange value. That is all. The reason someone pays you to work for them is because you are creating value for them. In other words, they are making more from your work than they are actually paying you to perform said work. If you can cut out the middle man and provide that value yourself, you will make money. It is really this simple. Tell yourself you can do it, then figure out how.
Are you still on this KZhead account?
Yes. Those are just excuses
2:28: "...the wrong year" - listening to it in 2020 😂😂😂
I like you so much sir, we are blessed to have wise men like you who trying to help us. Love from India 🇮🇳. Stay health
You need to dream first to be wealthy
true that
my dream is to be a biljonair. do u think i can make that dream come true? i know i can and u?
+dahay6 I believe in you as long as you believe in yourself
+dahay6 If you're dreaming at all you might as well dream big.
In Venezuela you can be a millionaire now.
2:16 OMG its like he was talking directly to me...He just described me right there...I really wanna start my own business but I keep putting it off year after year with NO good reason at all!
Get motivated TODAY and stay motivated!!! I'm starting my business this year. :-) it helps to find something that keeps you motivated. A place to start is Napoleon hill think and grow rich, now that is a good book! Hope you be successful this year :-)
RUSKINFLA813 Aww thank you so much thats really nice of you to say. I just need to get started NO more excuses for me ;) My goal is to do what I love and have financial freedom for me and my family. I hope you succeed in business as well!
I started business 3 years ago and yes: Having no role models and procrastination are one of the worst enemies. Get to a community of entrepreneurs or like-minded people and make plans, tools like daily To-Do and GTD are great. Sometimes it takes years to grow a solid business (and there are dead ends too), but it certainly pays off!
why ? u obviously dont want to become wealthy then. money isnt go to fly over n hit u in the face. go get it, make it happen!
640abdalla I'm going to be frank here, you don't have what it takes to be wealthy and to run a successful business. Don't waste your parents money, I'm on money's side. I have a certain bond with it, something unique. Fyi; Its not personal, but this is business.
I’ve watched this video many times, still remember how struck I was the first time I watched it by the great insight of how easy it is to never become wealthy because it doesn’t even occur to you that it’s a possibility.
1,000 ppl dislike financial independence.
Great message from Brian Tracy. It all begins with mindset and attitude and behaviors follow. Inspiring!
This is going to sound vague, but perhaps the only secret to become immensely wealthy is to create something valuable that people love.
That's what all business is. Creating valuable products, selling them, and collecting finance. You've got it right.
Everything you said is so true. Procrastination will always make you fail!!!
Thank you Brian, God bless you!
My dad was and still is terrible with his money, my mum let him deal with all of the finance bad sadly as I learnt recently, she had no idea they were not living sustainably because my dad never told her. I am taking active measures to not get into debt like my dad, I'm 18 and 1/2 and I have got a credit card with direct debit set up to pay in full each month. I have switched current accounts to a 5% one, and when I get to the max interest payable balance then I will open an ISA and then start investing through a local financial advisor who has already given me some free advice.
When I was a boy, I used to look up the hill on our road and look at the rich family with the big white house who had 2 cars (bmw and mercedes) and thought that I will never be so rich. I remember 8 years ago when I bought my first large beach front luxury condo and stood at the balcony looking over the sea thinking.. waou, I could actually do this. Today I look down the street at all those people living in my houses, apartments and condominiums and think.... was I ever that poor?
Any tips??
Torben Rudgaard Did u start your own business?Any helpful advices would be highly appreciated
Thank you for your leadership on this initiative
That last tip is golden! That was my biggest obstacle. I had more of a "sprint" mentality rather than a "marathon" mentality. Now that I have successfully shifted my perspective, the abundance is flowing more easily! Thank you! #Abundance !!
The transition at 0:31 and again at 1:31 lmfao!!!!!
LOL, yea that was funny as shit!
I was procrastinating until now. I am now working on foreign exchange and investing. I feel excited for the future!
thank you for your insights, its easy and well said.
My husband is very talented and intelligent. He also was brought up around wealthy families and even went to the best school but yet is not wealthy. He was told at a young age , “Dont become wealthy, it will change your personality for the worse and you will eat, breath, and live for money.” That stuck so well, he never became wealthy and has struggled most of his years.
I just want to point something out there just because someone isn't wealthy doesn't mean they are not sucessful, sucess to me means wanting what you want. If it were my world my sucess would be different than someone else and vice versa, it's just society has this view that having wealth is the key to life yes it's helpful in many ways but to me the little things in life bring me happiness and I don't need to be financially wealthy to be considered sucessful.
I could not agree with you more. :)
mohammadmehdi shahmiri Actually he agreed ! -_-
dwatt1982 Indianapolis why?
Diana Garfias because he wants to stalk you lmao!
TKollaKid Yeah, totally inappropriate comment! Go back to your video games, kid!
Here in my backyard
i hate this one
Fresh Vic W
You are absolutely right! Thank you, very good,
Number 4 was very helpful and has made me realise and look at things differently. Thank you very much for tha advice.
I'm so happy that I'm gonna become wealthy
Its not what you know, its WHO you know.
True that. Success today revolves around the relationships you've build and developed.
training day
I thank you for your advice sir!
You are sooo right about the 1st reason! I've never thought of becoming rich cause no one around me was. I started as a flight attendant in a low-cost airlines and I saw those pilots doing nothing and make $10,000+ a month then I moved to Dubai where I saw Ferrari cars every day. Now I moved to Asia and I'm working my bottom off to make it and I know I will make it!
It also helps to have rich parents who get you into an Ivy, guaranteeing your entry into a top firm, coming out of school and grad school debt-free. buying you and your spouse a house. Those sorts will inevitably insist hard work and talent got them where they were, while at the same time voting for every Communist/Democrat/Labour candidate they can to limit competition and prevent anyone challenging them.
Aw, another victim. Spend less time on KZhead and more time bettering yourself, bum. Maybe you'll have a chance.
As a person described in your first sentence, I don't insist hard work and talent got me here. But I'm 25, and I work hard and am talented, which means there is nothing stopping me. I also think politics is broken and will spend my life trying to help both governments and non-profits. The only thing I know about you is that you jump to conclusions, so shut up.
The vast majority of wealthy people are self made. Grad school guarantees nothing.
Truly bizarre and with profanity no less.. The US Constitution outlaws government coercion. Democrats are on record condemning the constitution and endorsing government coercion at every turn. The Tea Party merely demands that government become less powerful, not more powerful than the Constitution permits.You don't force people to work. Did you miss the memo on the Berlin Wall? Your model collapsed. Health care costs surged with government involvement. Technology enabled better living. Henry Ford gave a 40 hour work week before communist unions came in the scene. Are you ignorant of the legacy of the totalitarianism you endorse? Ever heard of the nSdap? The Holodomor? Mao's Cultural Revolution? Move to North Korea and live the dream if you want to put your money where your mouth is.
Who said being doctor or lawyer makes you happy
I agree...thank u for ur advice. ....
thanks brian i wish to have your knowledge because with knowledge i can do great things i can't stop watching your videos
The reason people don't become wealthy is because their belief systems (our most commonly thought thoughts) are centered around LACK. 1. I'm not wealthy and it's going to take time and effort to become wealthy (all of which is negative and lacking). 2. Like the poster below, CAPITALISM just doesn't allow for it! How could anyone become wealthy when they think that the entire system is against them? 3. Money is evil, money is only made doing bad things, and the list goes on about money. When belief systems are centered around ABUNDANCE, thoughts such as 1. I'm a lot more capable of becoming wealthy than I ever give myself credit for! 2. Their is definitely something I don't know about the CAPITALISM system, and I will find that something and then become more wealthy. 3.When these thoughts are practiced more often, it is much easier to develop GREATER feeling thoughts of ABUNDANCE such as 1. I am totally capable of becoming wealthy. 2. Wealth is mine for the taking. 3. It's only a matter of time before I am wealthier. So we think - I want an apple. If we don't have one at home, we get up and we go to the supermarket and buy an apple. This is very simple, but it began with the thought "I want an apple".... Why would it be any different with "I want wealth"? The only sense in which it is different is in that the thought "I want an apple" requires no practice to manifest. But the thought "I want wealth" requires much more practice and patience. Once the thought is put into place, the actions are then taken. Research is done, intuition provides answers and in no time ideas are coming in and money is flowing!
Gustavo Sureda hi do you still go on this KZhead account. If you do please reply
Here are 2 reasons: 1. Not starting to build wealth 2. Giving up
So true. watching this in 2015. want to watch is again in 2018 and at a better financial place.
Thank you very much for your video post.Really looking forward to read more. Excellent.
The reason why most people don´t become wealthy is that wealth only exists, if there also is poverty. If all people would have the same amount of money, nobody would be wealthy, but all would be normal. Sadly, the most Americans don´t realize that, because they belief in the American Dream.
Number 3-- Procrastination!!!! Oh shit....he knows me,lol!!!!!!
Kim Cornell I know you too well!
Love re-watching your older videos Brian. So much good advice
As a 16 years old Computer Engineering Student. I am thankful to KZhead for having the site. It taught me alot since I was watching these before. And to Brian Tracy. Thank you very much for the tip :) I want my future to be secure that's why I'm searching these kind of videos and I find this to be so true ..
Robot mode activated.
lmfao
hi guys, wants to know more about improving life the best results that i've had was with the Reality crusher secret (just google it) definately the best guide that I've had.
Very disrespectful sr.
Just wonderful, I've been looking for "how to generate wealth from nothing" for a while now, and I think this has helped. Have you heard people talk about - Coneah Viyvery Tip - (Have a quick look on google cant remember the place now ) ? Ive heard some unbelievable things about it and my friend got amazing success with it.
😬
Anyone here read the book Think and Grow Rich by Napoleon Hill?
Beyonder, I see what you are saying. But what I took from it was that he was saying don't allow the influences of unsuccessful people (ie their doubt) to sway your life, but practice the habits of what the successful actually do. It is the successful people who are the most charitable. And they are also the ones that wish prosperity on all others. (I have come to know this from being raised in the projects and told I'd never succeed...I stopped believing that lie and made something of myself).
Thank You. For creating your you tube channel and taking the time to make the informational videos you do.
The most important reason why most people don't become wealthy is because it is impossible for everyone to be wealthy. Within the world there is finite amounts of resources, it is impossible for everyone to be wealthy when economics means the scarcity of resources on a finite planet. There isn't enough stuff for everyone to have so some people will always take more because it incentives them; only to a point.
You are completely right, BUT assuming that 99% of people will never do anything to change there lives, you have a huge chance of success just by being the one who moved his ass and did anything above minimum. It's as simple as that ;)
you're not American!
Hey dan u, if even poor Americans have one thousand times more than Mexicans do, then aren't they already wealthy? Resources ain't squat without SERVICE, and in the USA, service businesses make people rich 10 times more often than manufacturing businesses. All you need is sweat and guts, and a service business will make you rich.
mark vann I think you didn't get exactly what Dan meant. The service business is great because you don't have to buy supplies transform them and sell them for a profit you need a limited investment and put your energy and knowledge into it but you will always have some costs to cover as low as they are and you need clients and the amount of money they have is limited. Let's say the total wealth in your town is 1000 and it moves from hand to hand every second by buying and selling. So if I work and make 10, I hire you you make 5, and buy groceries the owner of the store makes 5 (everything is fine) but if i decide to not hire you and save 5 every month and accumulate 100 you make 5 less for 20 months and if i decide to spend those 100 outside of town the town's wealth is reduced and there is less money to go around to buy and sell. So the answer is to make the pot bigger and if it's not getting bigger some have to get less money for some to have more money. To answer your question. The median income in the US (USD 52,000) puts you in the top 1% in the world so half of US citizens can consider themselves super rich in a global context. But economics are the same, resources are still limited so if the global wealth (the big pot) is not getting bigger some country has to get poorer for others to get richer.
What I meant is that there is a natural inbuilt scarcity in economics, that if everyone earned the same as the top 1%, it would destroy the economy. If every worker earned $100,000 a year, no one would do hard jobs but things like a humburger would become say $50. The world would be far more expensive due to inflation
Those hand gestures and robotic camera angle turns are distracting. Once you see it you can't un-see it. The information is solid though!
Ossie N maybe he's a robot. He turns unnaturally and doesn't blink. Don't you think that's odd?
taoist40 yes I'm beginning to think that he is a robot. I'm waiting for the day there's a fault in his programming and he starts looping for split second and then after an unnatural turn he resets back to normal. Hahaha
Thank you for sharing sir...
thx for sharing.
somebody explain to the guy that our system is based on the fact that most people HAVE to be poor so that others can be rich... so if everyone just "decided" to get rich and would be successfull in selfprogramming it still could not work
why did i have to scroll all the way down here to read something true?
Little known fact that C3PO learned all his moves from Brian Tracy , ha ha ha
All kidding aside, I really love Brian Tracy teachings. I believe he talks truthfully.
In my experience most people are simply NOT interested in becoming rich. They say they are, but when it comes to the crunch, they're not prepared to change their ways; they're not willing to do the things they need to do to get rich, which isn't necessarily a bad thing, as those things involve a lot of sacrifice usually and people I know who are rich are not generally happier than those who aren't (there you go: I've just made an excuse for myself not to try! - and other people do that all the time).
I am an Indonesian. I can understand clearly what you say, Sir. because you speak slowly. thank you. from me Budiman Jaya in west borneo Indonesia.
You notice there is no mention of Happiness. Not so easy to teach, is it?
pjamesbda Happiness is different for each individual. Why would you bring that up.
bighands69 What immediately comes to mind, is a viral video I saw recently, depicting different "wild" animals oddly paired up; like Orangutang and Leopard, Goat and Lion, etc. and they were actually playing together. No holstility or food or flight instincts at work whatsoever. It's a bit like that with people too. We certainly have instincts, but what we focus on matters in the outcomes we witness, and in the accumulation of excess at any cost. If you see no relation between seeking wealth and finding happiness, perhaps you are the one that should explain why I shouldn't "bring that up".
Money is happiness. Period...
Horse From Hell Certainly no shortage of that philosophy.
pjamesbda becoming wealthy doesn't have much to do with emotions.
I'm classed as wealthy and come from a classic hard working poor family. I know loads of wealthy people and the common denominator is access to money via family in 99% of cases. They could make mistakes and not worry about losing the house (daddy owns it) and live comfortably while studying for Law, Medicine or any of the time honored money tree professions. The oddball from outside (me) got lucky. Make no mistake I worked no harder than my dad or umpteen friends from the same streets the hand of fate dealt me one piece of good fortune and I've lived off it ever since. This guy and similar clowns talk absolute shite.
Defeatist mentality
HJR1711 Glib anodyne waffle.
What exactly was this fortunw
Thank you Mr. Tracy !
Your amazing , I listen to you in my car over and over ! Thanks for the inspiration !
I never become a millionaire because I love to share and give money who needs more than I do! !!
How are you suposed to double your imcome if you work in construction???
The construction industry is made up of many parts: General Contractor, Contractor, Sub-Contractor make up the umbrella. Stop viewing yourself as a worker and become one of those 3. If you've not owned a company, then start as a sub-contractor. Identify the need: hanging doors & installing cabinetry, painting, framing, drywall, concrete, window/glass installation, restroom partition & accessory installation, etc. Identify a niche market: fast food restaurants, prisons, schools, apartment buildings, malls, department stores, etc. Set up your business, contact the Contractors in your area, bid on projects, if needed get your workers in place, advertise & market yourself within the industry. Hope this helps you get started in thinking about it a bit differently.
uberbeader Thanks for the helpful advice:)
Seriously - once you've decided on the basics then go to your local Small Business Development Center for research assistance (sliding scale in terms of cost - most often free), and find a mentor through www.score.org/ - a free program. That is, if you're serious.
uberbeader all pretty good advide uber
Well written...And I agree wholeheartedly
These were very very good points, very informative. I really appreciate this information.
Now if only someone will talk about how to become rich/wealthy too. Not just the feel good stuff but also the nasty, ugly side of how to become rich when you don't come from wealth yourself.
You mean the part that you have to work for it?
***** Alright then. Answer this. How do you actually get rewards for working extra hard, instead of getting nothing?
eitkoml You dont its all designed to give you the feel good factor..
eitkoml You can't expect them to come up with the business idea and business plan for you. If you want concrete answers you have to have concrete questions.
***** Good point. They'd probably go "Fuck that, I'm not equipping more competition." That and of course, people generally omitting the bad things that they've done.
6. Have rich parents.
I love the way he changes between the cameras he stalls a little bit.
I agree, good words.
real wealth is not having lots of money, being rich is to have as much you need and be happy.
Toni You're wrong. sorry to say!
Toni There is nothing wrong with having lots of money,the bad thing is allowing it to compromise your humanity.
That's poor people bullshit!!, being wealthy have to do a lot with having lot of money, still money isn't everything in the life of a wealthy person
Budget what? I don't buy hardly anything , don't go out to eat , no cable , no new clothes nothing. WORKING 2 JOBS AND STILL LIVING PAY CHECK TO CHECK. Every time I get a small smidgent of money in the bank a long comes an bill and back in the red again I go Delaying gratification is all I ever do. Tracy has no clue when it comes to the trails of some one like me.
+joe Knight You probably work two jobs because they are both low paying jobs and or your expenses are more then you make. Try cutting unnecessary expenses and find a better paying job....
WHAT first of allif i could find a better job i would, 2ndly i guess you din't completely read what i posted, i have gotten rid of all non essentials except for my internet access.
Red Hawk , I am divorced and have shared custody of my daughter, I get her 3-4 days a week, and no way will I give up my daughter to move to some place for another job. I have been trying learn Internet Marketing for the past 8 years but I am not quick study and having a lot difficulties with it . I tried ebay selling and failed , but did sell some things on craiglist but no longer have anything to sell lol. I will keep trying to find answers but unfortunately I always had trouble learning so it will be tough .
Thanks Red Hawk , she is what I live for.
+joe Knight don't try to do things you don't know how to do. you want to do internet marketing or anything, find a coach. I recommend Anik Singal if you want to start an online business. And a man named Peng Joon, if you want to create a digital product like an ebook and sell it online using Clickbank. invest in yourself, and don't trade all your time for money. your greatest asset isnt Real estate, stocks, bonds, etc. it is your time. another suggestion, attend networking events, like high profile charity events, you don't need to donate any money there, but you can network with many successful people there. another tip, keep 10 to 20 percent of your money aside to be used for investments. diversify. and last but not least. buy insurance.
Thank you for sharing your wealth of knowledge.
I will use this wisdom wisely, thank you for the advice, and information.
I'm 31 yrs old. Is it too late 4 me?
+Alectrius Young Colonel Sanders became rich very late in his life.
No, but you will have to invest a greater portion of your income than you would if you had started earlier.
Brian Tracy is an android but I agree with what he's saying 100%
I agree . The guy is smarter than the best Smart Phone . Even Samsung ? I phone etc agrees with , learns and improves from him .
You forgot the main 2: 1. There's a finite amount of resources. The more you own, the less everyone else has so not only is it impossible for everyone to be bourgeois but the bourgeoisie cause everyone else to suffer just by existing. You know all the people starving and homeless? It's because some people are "successful." 2. "It's just as possible for YOU to become wealthy as it is for everyone else" lmfao. If your dad is some waspy billionaire I think you might have a better chance of getting money. I sit on my ass troubleshooting some guy's iPhone and get paid four times the amount of the people ho actually make the phones and whose working conditions are so bad that they have to make "no suicide" pledges. Are they just not "motivated enough?" -This video is basically saying that the whole reason people are impoverished is because it's all their fault which is a lie and a complete slap to the face to every laboror. You're poor because of an outdated economic system that's just a step up from feudalism and has been proved to be a fail and not just by Marx; contemporary economists understand this and they call it "market failure."
You're an idiot lmao you know nothing about the people who work for pennies making those phones. If you knew anything about them you would know that they pride themselves in working jobs long hours. Trust me. Most of them don't care for being wealthy and even if you are wealthy they'll still ask you do you have a job? If you don't they won't respect you. And no there's plenty of money to go around. There's way more money than there are humans. WAY, more. So yes it is finite but you also have to realize that's it's ALWAYS moving. So even if there is only 100,000,000,000,000 dollars in the world, it's still always moving. The reason you aren't getting a pie of that is because you never developed the skills of learning how to get in front of it. So in essence yes it is your fault. It's pretty simple, solve a problem by making a product or service and then get it in front of as many INTERESTED people as possible. If there aren't enough INTERESTED people then yes you will fail. Doesn't mean you're unlucky. Find a new market, rinse and repeat. Our system isn't "outdated" not yet at least. And it's still evolving but the principles will remain the same in any type of system. If you can't learn how to sell you'll always struggle. That includes a society without money as well. Selling ideas, etc.
Solo Salinas Markets follow money so if you have more money you have more control over the market. Getting rich in capitalism is sucking up to rich people, not just "making a product that helps people" because those people need to be able to give you assets in return or you'll go out of business. Gold is an incredibly useful metal, but 78% of it is used for jewelry rather than just having fake gold that looks exactly like real gold. This is because people with lots of money are willing to fork it over for the gold, and thus more greatly influence its use.
Zach I'm sorry but you're just spouting out theory. Learn how to sell and you'll see what I'm talking about. Money will never be a problem if you know how to sell. Period.
Zach Martinez "... the bourgeoisie cause everyone else to suffer just by existing. You know all the people starving and homeless? It's because some people are 'successful.'" Both parties benefit in a transaction, whatever they're gaining is worth more to them than what they are trading.
brwi1 Both parties benefit BECAUSE of the preexisting system that allows for and often promotes class divisions. Basically it's like saying "slaves would not have anywhere to live and would die without slaveowners so it's beneficial for them to be slaves." It's like a weird circular argument where the cause of the problem also remedies it slightly.
Absolutely superb advice!
The question is : "Why do you want to be wealthy?"
olier1 Because its a LOT of FUN!!! I love being wealthy!!! I take at least 8 vacations a year (2-3 weeks length each). I do anything I want and I never worry about anything.
+Torben Rudgaard you wanna me to tell about how many wealthy people killed their self last year
+Abdulmajeed ALyazidi lmao. Do you know how many poor people die every day?
+Torben Rudgaard Until the dollar collapses, and only the mega-rich have money. I see that your last name isn't Du Pont, Rockafeller, or Rothschild, so enjoy it while it lasts.
I don't go to parties, I hallucinate in the wild my friends, that's where it's really at.
His hand gestures are seriously annoying
😂😂
+fabianboesch96 :)
+woodland tomb his hand gestures move me
Thanks a lot, Brian. That was very helpful. Forget about all those people complaining about this and that and not seeing that they have to MOVE.
thank you for sharing your discussion how to become rich
this guy is informative..but has all the body language of a robot..
it helps tho
Body language is irrelevant and a distraction from getting the point across.
Many great speaker use body language to make it more easy for the audience to be focused and remember what he or she is saying
Per Ringnes I disagree. I find it a lot easier to take in what someone is saying when I can't see them. Illustrations relevant to the discussion can help, but seeing the presenter is a hindrance.
Nawttppusaaro
I know how to respond to the title of this video. It's because my dad wasn't wealthy. Mitt Romney's dad was rich and that gave Mitt a leg up in life. LOL.
80 percent of millionaires are self made, which refutes your argument. If you continue to think like that, you will at best have average wealth your whole life, but more likely will stay broke
The sharing from Mr Brain Tracy is really wonderful. His explanation is excellent. I wish that I had seen this video much earlier in my life. Thank you Brain.
Rrswaroop Ravi Thank you!
Thank you, Mr. Tracy.
Most people are not wealthy because they never have a lucky break in their life? You have to be good, but more importantly you have to be lucky. NO NOT ever confuse luck with ability.
I think you are confusing being wealthy with being rich. There is a colossal difference.
Luck is just exuse.
Lucky break? Are you kidding me. I wake up every morning at 5AM and bust my ass at work everyday. I save at least 40% of what I make every week. I've doubled my income in two years. I ride the bus. I study and go to college at night. I know people who would rather party, buy expensive cars and live beyond their means who have no goals in life and have the nerve to complain about their situations. It ain't luck, it's hard work and sacrifice. Positive thinking goes a long way.
moviescreams You may be well-off but certainly not Zuckerberg wealthy. No offense. There are many good social media startups, not all of them are as lucky as Zuckerberg's? Superstars are generally not better than the lesser-knowns. They are just more lucky? I am not minimizing the importance of hard work and a thrifty lifestyle in building up a comfortable middle-class existence. But hard work and thrift ALONE could not propel anyone into superstardom.
moviescreams And did you choose the family you were born into? The society that made you into the person you are? Did you choose the values you had instilled upon you to make you so hard working? Did you create the public transport system that allows you to save money? Some people can work just as hard as you, if not harder, and still die dirt poor. The most important factor here is luck, good fortune, etc. There is no free will that lets you control everything you speak of. Those people who'd rather party and "waste" money have been conditioned that way. That is the their luck, be it good or bad(subjective), you were conditioned to do what you do. Neither side had control over those factors. But I'm glad that you seem happy doing what you're doing.
First we have to cure the devastating and disturbing "hand gesture" disorder seen here. Only then can we build our personal fortunes.
Thanks Brian
thanks that was very helpful...!!!! thank you i'll start working today only...
1 and 2. - So I'm not wealthy because I some how want to be poor....wha? 3. That's usually not a choice. 4. I had to watch an ad just to watch this. Fucking turn off the bombarment of crap first. 5. So what you are saying is keep doing what ALMOST EVERYONE does or attempt every fucking generation? This isn't 5 reasons I'm not wealthy. This is just 5 reasons why I should feel bad for not being rich already.
1&2. Exactly. Majority of people are unwealthy because they were raised with the same beliefs & habits as the people who are unwealthy. When you "decide" to become successful you decide to stop doing what typical people do and start doing things like learning. 3. It is 100% a choice. 4. More money is not a solution to poor financial habits. No matter how much you make, you will end up with zero. (ex. majority of lottery winners go broke) 5. Its alot more then just saving money for a future kid. It's a principle
***** Well will you be willing to sponser my idea for an invention I have worked on? Because 50 dollars ain't going to get it off the ground.
Timesmanify Also believe it or not, those "poor decisions" that we make are not just because we are bad with money. They are made on the basis of survival. You'll make some bad choices just live another day. Oh i sure would like to not have heat to save for a down payment on a business. I just wonder if i'll survive below 0 degrees.
Peter Kell In respect of you point 4. The story of the melon sellers. They took their harvest to market and as sales were slow, decided to undercut everyone else. However. when they go home and did their sums, they found out that they had actually lost money. One turned to the other and said "We need a bigger truck!" Doh! Ouch... But some people really do think like that. If you can turn one cent into two today and two into four the next day and so on, you have understood and will succeed, otherwise any investment is wasted. I am giving away free advice - I need to stop now...
Timesmanify Instead of just making up excuses, how about make some solutions..? You have $50. Think of ideas within your budget, not out of reality. I can think of 3 things that I can produce for $50 that will earn me more than $50 a month. You just don't have the correct mentality. Therefore, I'd rather not even bother helping you.
There really is not one wealthy person that I know that I would want to be friends with. Most wealthy people I have met only care about themselves and their immediate family. They may donate money, but they would never get their hands dirty actually helping someone. For instance, recently there was a stray kitten that made it's way around our subdivision. When I found her, I call all my neighbors to see if it was their's. All of them said that they saw her, but not one of them took her in or fed her. Well, this was the middle of the winter and all my neighbors have big gorgeous homes. They had more than enough room to take her in for a few days, like I did, until they could find her a safe place to be. Moreover, I don't know many wealthy people that are actually happy, that is deep down happy. They are happy with their stuff and when things are going their way, but when push comes to shove, it becomes clear that they are bitter, self-centered, venomous people.
Yeah money doesn't equal hapiness. I mean for sure, we all need money, but there are some other things who are more important :)
Or they just don't give a shit about cats which doesn't make them a bad person.
+Ruta J but money leads to freedom
HerdingDogRescuer and that is why its good some ppl are not wealthy monetarily. Money can eat at your soul and character...
Well your 2012 goals are SO 2021. LOVE YOU and YOUR WISDOM🎵
my dad gave me your book.... cant say we wealthy but we alright sometimes. it comes and goes like theres seasons to it. I know for a fact we doing one the wrong tho. We,re not as consistent and focused as I feel we should. its all about energy right?