The Poor Habits You Were Taught as a Child That Keep You Broke（原声文稿）

Today I'm going to summarize one of my favorite books called Secrets of the. Millionaire Mind written by Harve Ecker.

The most interesting part of the book for me was the part where the author talks.

about the 17 key differences between rich people and poor people.

The first difference, rich people think big, poor people think small.

Have you ever been grocery shopping and spent several hours in several stores so. that you can find the cheapest groceries to say 50 or 60 cents?

Or have you been waiting in line for an hour so that you can get a free hamburger?

If you have done this, then you have a poor person mentality. I'm sorry to say that, but let me explain.

Of course, it is not a bad thing to save money while you are shopping, but this.

changes when it comes to how much you will save compared to the time you will spend. for that saving.

If you spend one hour to find the cheapest oranges so that you can save 60 cents. then the value of your one hour is 60 cents.

Compared to this, rich people don't care about saving 60 cents.

They understand the value of their time and constantly think about new things they.

can do so that the value of their one hour is equal to $6 ,000.

The second difference. Rich people choose to get paid based on results. Poor people.

choose to get paid based on time. Let me be open with you.

No one cares how much effort you put into something. What they care about is the.

result. Your customer does not care that you have put hundreds of hours into. developing a product.

Do you think they will buy your low quality product just because you have put.

a lot of effort into it? Of course not. What they care about is the result.

If it is good, they will buy it even if you have spent a few hours on it. For.

example, you don't care how much effort and time I have put into this video.

If the video is good, you'll keep watching. If not, you'll just click on.

another video. The fact that I have spent over 100 hours on this video is. irrelevant.

The fact that I made a mistake and because of that had to spend extra time is.

irrelevant. You really don't care about any of that.

You would never say, let me watch this low quality video because 100 hours work has.

gone into making it. It is about the result.

not the effort or time spent. The author says if you want to know your true value. then work for the result, not the salary.

rich people believe in their value and in their ability to deliver results poor.

people don't and that is why a steady salary is very important to them third.

difference rich people think both poor people think either or poor people feel.

that there's not enough and you can't have everything rich people think there is.

plenty for everybody and you can have everything you truly want poor people.

believe in scarcity rich people believe in abundance do you want a successful career. or a close relationship with your family.

How about both? Do you want to focus on business or have fun and play? How about.

both? Do you want a blonde girlfriend or brunette?

How about both? The last was a joke, but you got the point. Rich people always want. both. Poor people always choose one.

Poor people see the world as cake and believe that everybody will take a slice.

and the cake will be over soon. On the other hand, And rich people see the world. as an open buffet.

Once something finishes, the waitress will add more and you can eat as much as you.

want. Poor people believe that they have to choose between money and other aspects. of life.

Do you have to choose between money and happiness? No, of course not. Money is. important and happiness is important as well.

You can have both. Many people have negative feelings about being rich. They. think that becoming rich makes you evil.

That is why they think they have to choose between being rich and being a kind. person. So they choose to be kind and stay broke.

You've probably heard someone saying, that person really changed after he became rich.

or money changed to this person a lot. I believe that money does not change you.

Money makes you more of what you already are. If you are a kind person, money makes. you a rich kind person.

If you like helping other people, money gives you the option to help even more.

people. On the other hand, if you are a jerk, money makes you a rich jerk.

If you do evil things after you get rich, it means you are already evil. Having. money just makes it obvious.

Fourth difference, rich people focus on opportunities, poor people focus on. obstacles. This is my favorite.

Whenever I come up with some new idea, I share it with people to get some feedback.

It's very rare to see someone who would acknowledge the problems regarding the. idea.

But at the same time focus on the opportunities it can bring almost all the.

time I hear tons of people telling me how my idea will fail and that is how poor.

people think they constantly see Obstacles risks and always focus on problems while. rich people focus on opportunities.

Poor people make choices based on fear their minds are constantly scanning for. what is wrong or what could go wrong in any situation.

their primary mindset is, what if it doesn't work? Or more often, it won't.

work. I'm not saying don't take care of problems.

Of course handle the problems as they arise, but don't let the fear and problems.

stop you. If you focus on the problems, you will get problems.

If you focus on opportunities, you will get opportunities. It is simple universal. law. 5.

Rich people associate with positive, successful people. Poor people associate.

with negative or unsuccessful people. Simply put.

if you want to fly with the eagles, don't swim with the ducks. If your goal is to be. rich, then study rich people.

Hang out with rich and successful people and use them as a model. Do what they do. read what they read. There is a reason why they are rich.

For example, if you want to create a successful YouTube channel, find the. successful channels in your field and study what they do.

Study what type of content they create, how long their videos are, what kind of.

style they all want me to just steal other people's work. No, I'm not saying any of. that.

For some reason these days people want to be Mark Zuckerberg and invent the next. Facebook.

If you are an ordinary person like I am, then you have a better chance of.

succeeding by modeling successful people and that does not mean you are unoriginal.

For example, if you decide to create the summary of the exact same book I am.

summarizing now, use the exact same animation format that I am using now, use. the exact same background music.

Your content will still be unique because you have a unique voice. You have a unique. way of explaining things.

Even if you do the same thing, your content will still be different than mine.

By the way, you've probably noticed that there are already many channels that are.

doing the exact same thing that I'm doing. But despite that, that this channel will. be growing.

Please don't get me wrong, I'm not trying to brag about myself or say, hey guys.

look how great my channel is. The reason I am talking about myself is that you and I. can relate to each other easily.

If I give you an example from the founder of Amazon, Jeff Bezos, it will probably be.

hard for you to relate to his story, but you and I are two simple people who are. trying to improve ourselves.

Another complaint I hear a lot is that I don't have rich people around me, so So.

how can I surround myself with rich and successful people? Look, you don't have to. have them.

You can simply find successful people and read their books or watch their videos.

You can't ask Arnold Schwarzenegger to hang out with you so that you can study. him and get in shape.

But guess what? He has tons of videos and he's written a book. So why not read his.

book or watch his videos? I don't have any rich friends around me.

Authors of these types of books are rich friends for me. I hang out with them by.

reading their books, watching their videos, and listening to their podcasts.

6. Difference Rich people know what they want and they are committed to getting it. Poor people just want to be rich.

Imagine you and your friend are hanging around in the city center and you want to.

eat a baguette. Your friend approaches the stand and says, Hello, I want to buy a. baguette.

Please give me a baguette. The seller behind the stand will most likely be.

confused and ask what kind of baguette your friend wants, because there are many. types of baguettes.

This is exactly the same approach poor people use when it comes to becoming rich.

They just want to be rich, but they don't know what a rich life looks like for them.

If you don't know exactly what you want, then the girl who is selling the baguette.

will just give you any baguette she chooses and you will walk away. Now. imagine you approach and say.

Hello, I want a tuna baguette with smoked cheese, but I don't want this type of.

bread. Give me that dark bread with sunflower seeds. Don't put onion, put some. cucumber, tomato, and toast it.

Guess what? The girl is going to give you exactly what you asked for. In the same. way, rich people do not send out mixed messages.

Only poor people do. The number one reason most people don't get what they want is. that they don't know what they want.

You must know what that rich life looks like for you and must have a plan to get.

there. For example, for me, rich life means having the freedom to work when I. want, where I want.

I want to be able to take a taxi whenever I want. I don't like taking public.

transport and feeling sweaty, especially if I'm going to some important meeting.

When I go to a restaurant, I wanna be able to open the menu and choose anything I.

want without looking at the price column first. I want to be able to take my. parents on a nice vacation twice a year.

I wanna be able to help people around me when they are having financial.

difficulties. I wanna be able to wake up at 11 a .m. on Tuesday and go for a walk. in the park.

I wanna be able to go to the gym in the middle of the day and come back whenever I.

feel like it. This is my rich life, and I have a plan on how to get there.

Difference number seven. Rich people are willing to promote themselves and their.

values. Poor people think negatively about selling and promotion.

Let me explain it this way. If you had a cure for some type of disease, would you.

hide it from a person that was suffering from it? I don't think so.

In the same way, if you believe that what you have to offer can truly assist people. it is your duty to promote it.

it. It is your obligation to promote it. By not promoting it, you're actually doing. a disservice to people.

Maybe the product you're selling is the product that can change my life, but if.

you're not promoting it, then I'm losing the chance to change my life.

Resenting promotion is one of the greatest obstacles to success. People who have. issues with selling and promotion are usually broke.

How can you create a large income in your business if you aren't willing to let.

people know about your product or service? Whatever work you are doing, you need to. be good at selling and promotion.

Almost every aspect of our life involves selling. For example, when you are trying.

to convince your partner to go to a restaurant instead of shopping, you are. selling.

When you are trying to convince your daughter to study, you are selling. In. fact, right at this moment, I am selling.

I am selling you my video, and you are paying for it with your time. You are.

paying with minutes from your life, and I'm not ashamed of selling you my video.

I am not ashamed to promote it and ask you to hit the like button and subscribe.

because I know that ideas from these types of books can really help you to change. your mindset.

Difference number eight, rich people believe I create my life. Poor people. believe life happens to me.

If you want to create wealth, it is important that you believe that you are.

the one behind the wheel. Poor people travel through life as a passenger.

On the other hand, rich people always sit behind the wheel. Did you ever notice that.

it's usually the poor people who spend a lot of money playing the lottery?

They actually have high hopes that someone will simply try picking their name out of.

a hat and provide them with money and eventually will cause them to become rich.

Eckers says poor people also justify their situation. They say things like money is. not important, happiness and love are important.

This kind of comparison is not correct. Let me ask you a question. Is your leg.

important or your arm? You're probably saying what kind of a dumb question is. that?

Of course both of them are important. You're absolutely right. Both of them are.

important in the same way money and happiness are both important.

Money and love are both important. Food and water are both important. Poor people. also blame others.

It's never their fault. It's always the fault of others. They always act like. victims.

I have two cousins who grew up in the same village, went to the same school, had the.

same teachers, and both had poor parents. Today, one of them is very successful and. the other one is not.

And the most interesting part is that both of them use the same reasons for their. current situation.

Poor cousin blames the bad education system, poor parents, government and the.

system for his failure. On the other hand, Rich Cousin used the same reasons to. become successful.

He said, I knew that the school system was bad and my parents were poor and because.

of that, I started to educate myself and learn new things.

He doesn't blame anyone or anything. Another reason the poor are poor is that.

they complain. When people complain, they focus on what's wrong with their life.

What you focus on expands so they keep getting more of what's wrong.

difference number nine rich people manage their money well and poor people mismanage.

their money money is just a tool like your computer or telephone which requires you.

to learn how to use it we spent many hours learning how to use the computer but when.

it comes to money people ignore this simple fact and don't want to pick up a.

book and learn how money functions and how to manage it to me this one is crazy.

because money is something we sell our life for by working nine to five every. week but when it comes to learning how to manage it.

So many people fail. With the amount poor people complain about their financial.

situations, you would think it would make sense to learn the basics of money.

But that is almost never the case. Rich people are not any smarter than poor.

people. They just have different and more supportive money habits. To master money, you must manage money.

Saying, I'll start managing my money as soon as I have money is like an overweight.

person saying I'll start exercising and dieting as soon as I lose 20 pounds.

First, you start properly handling the money you have. Then you have more money.

to handle. If your son can't even handle and maintain his bike, would you buy him a. car?

Of course not. The same logic applies to the universe and you. The universe says.

until you show you can handle what you've got, you won't get any more.

The author says, even if you borrow money to live, you still need to learn how to. manage manage that money.

The more important thing is to exercise the money management muscles so that it.

becomes a habit. Building the habit first is very important.

For example, if your goal is to go to the gym every morning so that you can do. squats with 100 kilos.

you first need to learn how to lift a 1 kilo blanket before lifting a 100 kilo. weight.

If you don't have the habit of lifting the blanket and getting out of bed, then there.

is no way you would reach your goal. To manage your money well, the author. recommends creating five accounts.

An investment account, a play account, an education account, a give account, and an.

expense account. You have to put 10 % of your after -tax income into your. investment account.

That is the account that is going to create the goose that lays the golden.

eggs. ECHR recommends also putting an equal amount, 10%, into your play account.

Money in the play account must be spent at the end of the month on fun activities.

You should spend this money in a way that helps you feel rich and happy.

If you always keep saving, eventually the part of you that seeks fun will sabotage.

your other accounts. Difference number 10. Rich people are bigger than their. problems.

Poor people are smaller than their problems. The secret to success is not to. try to avoid or get rid of your problems.

The secret is to grow yourself so that you are bigger than any problem. It doesn't.

matter if you're rich or poor, you're going to face problems.

The size of the problem is never the issue. What matters is the size of you.

The bigger the problems you can handle, the bigger the business you can handle.

The bigger the responsibility you can handle. The more employees you can handle. the more money you can handle.

The things we call problems are actually only situations. We make them a problem.

Respectively, some people make it a problem, others don't even get affected.

How can it be that the exact same situation is a problem for one, but not. for another.

It depends on the person, it depends on you. You might get fired and depressed all.

day and complain, or you can use your free time to create your own business.

Difference number 11, rich people are excellent receivers. Poor people are poor. receivers.

A poor receiver is a person that cannot receive well, and what do we receive? We.

receive praise, compliments, money, gifts, and many other things.

things. Many of us have trouble receiving such things. The author says that we are.

conditioned that way. We grew up and heard things like, that's wrong, you're not. making it right.

What did you do? These sentences all strengthen the feeling of not being good.

enough and not feeling good enough is one reason that we are poor receivers.

From now on, take everything someone offers you. If someone tells you that.

you're looking good, then say thank you instead of, what, no, I look horrible. today.

it's as simple as that. Just say, thank you, and receive your compliment.

Eckers says, it's funny, when I was broke and I saw a penny on the ground, I would. never been so low to pick up a penny.

Now that I'm rich, however, I pick up anything that even looks like money. Then.

I give it a kiss for good luck and declare out loud, I am a money magnet.

Thank you, thank you, thank you. Difference number 12, rich people play the.

money game to win. Poor people play the money game to not lose.

In sports, teams that strictly play defense and have no offense have a hard. time winning.

Unfortunately, most people play the money game on defense, where their primary.

concern is survival instead of wealth and abundance. Poor people want to have enough. money to pay bills.

The intention is a very important thing, and when your intention is to have enough.

money to only pay the bills, guess what? That's exactly how much you'll get.

Nothing more. You have to aim high. You must shoot at the stars so that you can at.

least hit the moon. The author says, if your goal is to be comfortable.

chances are you'll never get rich, but if your goal is to be rich, you'll end up. very comfortable. Difference number 13.

Rich people have their money work hard for them. Poor people work hard for their. money.

Eckers says, I agree that you do have to work for your money, but for rich people.

this situation is only momentary. For poor people it's unending.

Rich people believe that for your money to work hard and take your place, you have to.

work hard first. They also know that the more your money works, the less amount of. work you will have to do.

The first objective should be to become financially free as soon as possible. Eckert defines financial freedom in a simple way.

Financial freedom is the ability to live the lifestyle you desire without having to. work or rely on anyone else for money. And how is that possible?

You need passive inmate to be rich to be financially free, but that's not true.

Financial freedom comes first because it's easier and faster to do.

Let me ask you a question. Is it easier to climb a ladder that has only 10 steps, or.

a ladder that has 1 ,000 steps? Of course, the 10 -step ladder is easier, right?

By using this analogy, we can say that becoming financially free is like climbing.

the 10 -step ladder, and becoming rich is like climbing the 1 ,000 -step ladder.

First, try the easier goal and be financially free. Once you have the.

passive income coming and you don't have to work for anyone, then you can use this. free time to become rich.

Ecker says in his seminar one of the students realized that if she simply.

rented her flat and moved to a cheaper place, her passive income from the rent. would be enough to cover all her expenses.

Plus, she could even save some money, and that's exactly what she did. She rented.

her flat, moved to a cheaper and more exotic place, and became financially free.

Only then she started building her business and becoming rich. So first.

focus on the 10 -step ladder and creating enough passive income so that you don't. have to work for someone.

Once that's done, then you can think about the rest. There are two primary sources of.

passive income. The first is money working for you.

This includes investment earnings from financial instruments such as stocks.

bonds, or other assets that appreciate in value. The second people focus on their. working income.

When it comes to money, the common question that people ask is, how much do.

you make? The question, what is your net worth, is rarely heard. A small number of. people talk this way.

Wealth is measured by net worth and not by working income. It has always been like. that and always will be.

To find out your net worth, all you have to do is add up the value of everything. you own, along with your cash and investments like stocks, bonds, real. estate.

the present value of your business if you have one, as well as the value of your. residence if is your own and then subtract everything you owe.

Net worth is considered the ultimate measure of wealth because if required what.

you own can be turned into cash. After you calculate your net worth draw a vertical. line on a page.

Put zero to the bottom of the line and to the top of the line write your desired net. worth. Let's say one million dollars.

Once you have done it put your current net worth on this line and see how far you are.

from your desired amount. From time time to time, let's say every month or every. quarter, check this line and update it accordingly.

Even if right now you are at zero or in the minus, I would still recommend doing.

this exercise because what gets tracked gets improved.

Difference number 15. Rich people act despite fear. Poor people let fear stop.

them. In the book, Ecker talks about the manifestation formula.

According to this formula, thoughts produce feelings, feelings then lead to. actions and actions lead to results. For example.

you think about a doughnut, then it creates a feeling of craving for the. doughnut, and then you stand up and go to the shop to buy a doughnut.

If this process constantly repeats, you gain weight. Thoughts and feelings are.

part of your inner world. Becoming overweight is part of your outer world.

Action is the bridge between the inner world and the outer world. If there is no.

action, then your thoughts and feelings about being rich are useless.

many people read these types of books to be rich but most of them don't take action. and apply what they learned.

It's not about how many books you read, it's about how many books you apply in. real life.

Reading but not taking action is like watching the picture of the girl you like.

on Facebook all day instead of going and talking to her face to face.

If action is such an essential role in achieving success then what is keeping us. from taking these actions? Fear.

Fear, fear, doubt, and worry are the most common barriers, not only to success, but. also to happiness.

One of the biggest differences between rich and poor people is that the rich are.

still willing to act, even if they feel fear, even if they are uncomfortable.

Poor people, on the other hand, allow fear to stop them. They don't want to feel.

uncomfortable. If you are only willing to do what is comfortable, life will be. uncomfortable.

But if you are willing to do what's uncomfortable, life will be pretty.

comfortable. Fear and discomfort should not stop you. Fear is a product of the. mind.

Your mind is a fear detector, not a success detector. The moment you start.

doing something uncomfortable, your mind will show you tens of horrible cases to. stop you.

Our mind is the greatest horror script writer. Training and managing your own.

mind is the most important skill you could ever own.

If you want to learn how to control your mind, I would recommend starting to.

meditate and reading a book called The Power of Now, which I have also summarized. on this channel.

There is also a video about managing your fears, which I covered when I was.

summarizing the book called The Magic of Thinking Big by David Schwartz.

I will put links into the description for both videos. Difference number 16, rich.

people constantly learn and grow. Poor people think they already know.

Ecker says that the three most dangerous words are, I know that. The question is.

how do you know that you know something? Here's the answer.

If you live it, you know it. Otherwise, you heard about it, you read about it, or. you talk about it, but you don't know it.

Frankly, if you are not rich and happy, there's a good chance that there's still a.

lot of things you can learn about money, success, and life. Consider this.

If you're not as successful as you'd like to be, there's something you don't know.

If you are not rich, it means that there are a lot of new things that you need to. learn and apply.

If you keep doing what you've always done, you'll keep getting what you have always. got. Difference number 17.

Rich people admire other rich and successful people. Poor people resent rich. and successful people.

When I was in high school, there was a very rich man and whenever I saw him.

passing through our neighborhood with his new Mercedes, I could hear many negative. stories about his luxurious life.

Whenever I asked around if they knew what he did for a living, no one was able to.

give me a precise answer, but almost everyone assumed that what he was doing. was some criminal work and that he was evil.

Several years later, I had a chance to talk to this person when I was doing my.

internship and I learned that most of his childhood had passed in poverty.

which motivated him to work harder and eventually he became a CEO.

After knowing this person and hearing his life story, I realized that poor people.

often look at other people's success with resentment, jealousy. and envy.

this was the last difference please put your favorite idea or lesson from this.

video into the comment section if this video helped you even just a little bit.

don't forget to hit the like button it helps the channel a lot and motivates me. to summarize more books thanks for watching.