FBC – 222 – What rich people do that you don’t?

What rich people do that you don't?

Today, I am going to tell you one of the main reasons why rich people get richer while the rest of the population struggles. This has a major impact on their success and it's a key concept that you need to integrate if you want to be more successful.

All the answers are in this episode

I wanted to tell you about one of the main differences that you see with the 97 percent we talked about and the three percent. There are a bunch of differences, obviously, but there is one that is a huge, huge, huge part of the success of these gurus that you see.

There is a saying that rich people, so those three percent make decisions really, really fast and change their minds really, really slowly. OK. Whereas the 97 percent will make decisions very, very slowly and change their minds very, very fast. OK. And let me explain, you know, why that is important and why that's a big difference.

So let's say there is an opportunity right in front of you. It's not going to be there for long and if you don't seize that opportunity, then it's gone. Or if you see that too late, then you only have crumbs and you have missed the big chunk of the pie. All right. And the reason why these rich people are actually getting richer is that they make decisions really fast before anybody else.

They go at it even though they're not prepared and stuff. So you don't need to know every single thing about it. You just need to go at it really fast. And this is why they're the first ones to the treasure chest or to the pie. So if you come late to the party, don't be amazed if everything is gone. The most successful people will seize an opportunity.

They will see it and they will be like dude. That sounds interesting. I like the numbers. I want to jump on that opportunity. Are they 100 percent prepared? No, they just put their foot in the door. Ok maybe it is something they've been doing for a long time or something.

So they have some level of preparation, but sometimes they're not fully prepared, man. They're like, well, you know what? Let me jump in and then we'll see afterwards how that goes.

Another mistake that the 3 percent are not doing is that let's say you're going from point A to point B. They will go from point A to point B, instead of being Oh, man. You know what? Let's exploit C now. C. Kind of sucks before I even get there.

Let's go to D… Are you sure? No. Maybe. Let's go to A. To Z. Right. And switching lanes all the time. Right. Have you noticed? I'm pretty sure you've seen that. So this is what, you know, successful people won't do, like flip flopping and switching and all our stuff.

What rich people do that you don't?

Right. So it's very important that if you see something you like, go for it. And we already talked about this in a previous podcast. There is a certain level information you need to get in. You don't need a hundred percent, right? You just need to go with enough information. You just need to know the basics.

And then you can go in and then you will figure it out later. There is a certain level of information that will allow you to go in there kind of prepared. OK. Now, is everybody going to do it? Not really. You could go in something like 60 percent of information. 60 percent. You're ready to jump in.

You don't need the 100 percent because there is a point after which, to collect more information actually becomes damaging for you because you keep asking yourself questions, and then afterwards, you don't actually do anything.

So this is one thing you need to learn if you want to be more successful. Which point does it make sense for me to actually be going there? And yeah, as I was saying, you know, stick to your guns, man.

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HELLO AND WELCOME!
My name is Martin and I’m the creator of the MARTIN EBONGUE BLOG. Understanding how to create passive income, how to start businesses that run without me & how to make money online changed my existence. It allowed me to travel full-time, have ton of fun and live life on my own terms.
 

 

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