Why these people will never be Rich? (2024)

Why these people will never be Rich?

If you have one of following thoughts, you will probably never achieve wealth. You Will Never Be Rich If You keep doing these things. In a country like India, with the opportunities that we have, why is it that so few people retire financially independent?

Following types of people may not become rich, wealthy:

1.Believing that 9-5 job is the only way of life

2.Making career choice based on Society & Parents

3.Being too scared of failures to do anything

4.Taking advice from unsuccessful people

5.Focusing on Saving instead of earning

6.Assuming rich people just got lucky, believing that all that a successful person can achieve is thanks to a chance and telling someone that they are lucky is like making them see that they do not deserve anything they have right now, and they still managed to get it

7.Failing to make any Investments, taking calculated risks

8.Not setting any financial goals for themselves

9.Spending more than they earn

10.Constantly making excuses, cribbing and blaming others

11.Not learning new things and carrying on with life without looking around

12.Lacking self-discipline and remain reckless

13.Many people never try at all out of fear of failures

14.Most people have a conformist mindset and are not willing to step out of their “comfort” zone

15.People who are scared of failure, not willing to take any risks

16.People who complain crib & blame others without looking at themselves

17.People that don’t hold themselves accountable, responsible

18.The most important is the mindset issue as they are adamant, not flexible

19.You can’t control your big ego

20.You need to stop thinking like a poor person.

21.People prefer to regret the situation in which they are and blame someone else than do something about it.

22.It is easier to do nothing and wait for things to come than to get up and work for them.

23.Attitude of “I can’t do things,” “this is not for me,” and “that is only for the privileged” keeps them in the same position they are now, permanently.

24.Their mindset doesn’t let them see more than what they are achieving now.

25.The average person has grown up in a family where he has never met or known anyone who was wealthy.He goes to school and socializes with people who are not wealthy.He works with people who are not wealthy.He has areference groupor a social circle outside of work who are not wealthy. He has no role models who are wealthy. If this has happened to you throughout your formative years, up to the age of twenty, you can grow up and become a fully mature adult in our society, and it may never occur to you that it’s just as possible for you to become wealthy as for anyone else.

26.So the reason why people don’t become wealthy is it never occurs to them that it is possible for them.And of course, if it never occurs to them, then they never take any of the steps necessary to make it a reality.

27.Even if a person reads a book, attends a lecture, or associates with people who are financially successful, nothing changes until he makes a decision to do something different. Even if it occurs to a person that he could become wealthy if he just did certain things in a specific way, if he doesn’t decide to take the first step, he ends up staying as he is.

28.If you continue to do what you’ve always done, you’ll continue to get what you’ve always got.

29.The primary reason for underachievement and failure is that the great majority of people don’t decide to be successful. They never make a firm, unequivocal commitment or definite decision that they are going to become wealthy. They mean to, and they intend to, and they hope to and they’re going to,someday.Theywish and hope and pray that they will make a lot of money, but they never decide, “I am going to do it!” This decision is an essential first step to becoming financially independent.

30.People always have a good reason not to begin doing what they know they need to do to achieve financial independence.It is always the wrong month, the wrong season, or the wrong year.Business conditions in their industry are no good, or they may be too good. The market isn’t right. They may have to take a risk, or give up their security. Maybe next year.

31.There always seems to be a reason to procrastinate. As a result, they keep putting it off, month by month, year by year, until it’s too late.Even if it has occurred to a person that they canbecome wealthy, and they have made a decision to change, procrastination will push all their plans into the indefinite future.

32.People retire poor is what economists call theinability to delay gratification.

33.The great majority of people have an irresistible temptation to spend every single penny they make and whatever else they can borrow or buy on credit.If you cannot delay gratification, and discipline yourself to refrain from spending everything you make, you cannot become wealthy. If you cannot practice budgeting as a lifelong habit, it will be impossible for you to achieve financial independence.

34.It islack of time perspective.

35.You’re satisfied with a steady paycheck. Study shows that more than 70% of people around the world within ages 25–50 earn their means of livelihood through monthly salaries. While this isn’t totally a nightmare, if you’re dependent (and satisfied) with only that source of income, there are several things that could go wrong. According to Nassim Nicholas Taleb, “The three most harmful addictions are heroin, carbohydrates, and a monthly salary.”

36.There are no secrets to getting rich overnight, but there are some proven systems that can help you get rich.

37.The reality is that everyone has the same opportunity to be rich. Some may face greater obstacles than others. But the opportunity is there for everyone to seize.

38.Have you ever wondered why some people are rich, and others are not? Mostly it’s because of their lifestyle and mindset.

39.Many people spend their entire lives lamenting the situation in which they were born, while others strive every day to change it, and that differentiates us.

40.Also, they still believe in easy money and that everything is a matter of luck. That is why there are still companies that steal money from others by promising to double it in a week.

41.There are still a lot of people that do nothing because they feel that one day “their time will come” and believe that wealthiness is a matter of divine luck.

42.People that quit too easily and have no patience

43.Not investing in themselves by reading, listening from successful enterpreauners

44.Growing complacent in their professional life and avoiding to look around for opporchunities beyond their spear of activities

45.They waste their precious hours blaming others instead of work on themselves on their areas of weakness

46.They prefer not to lose their money and always look to win

47.Believe that every business opportunity is “a scam”, they become circ*mspect

48.Think that you are not good enough, lack self confidence

49.Think that success is for privileged people and remain in perpetual denial

Some thoughts & wisdom

Ø“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”- Edmund Burke

ØNothing in this life is a coincidence or divine luck. Everything that happens in our life results from our actions. I’m successful because I took strategic decisions and steps that let me where I am now.

ØBenjamin Franklin once said, “Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones.” This means that if you become rich, it is because of the things you do consistently. If you are unsuccessful, likewise, it is because of something(s) that you do repeatedly as well.

ØMortimer J. Adler, an American philosopher said that “Habits are formed by the repetition of particular acts. They are strengthened by an increase in the number of repeated acts. Habits are also weakened or broken, and contrary habits are formed by the repetition of contrary acts.” Talking about people who will never be rich, what habits do they constantly repeat or how do we identify people who will never be successful in life?

Ø“You have a natural talent,” “you have too much willpower,” “I couldn’t do that routine for more than a week,”and a lot of excuses you can imagine right now. They don’t even try because it’s easier to see successful people and believe it is luck than to make a sacrifice and do the work.