Tuesday, March 1, 2011

The Top 10 Distinctions Between Millionaires and Middle Class, Keith Cameron Smith

The Top 10 Distinctions Between Millionaires and Middle Class, Keith Cameron Smith

Set more long-term goals for your life. People overestimate what they can accomplish in one year and underestimate what they can accomplish in ten (p. 13).
Anyway, the ten distinctions are:

10. Millionaires think long-term. The middle class thinks short-term.
9. Millionaires talk about ideas. The middle class talks about things and people.
8. Millionaires embrace change. The middle class is threatened by change.
7. Millionaires talk calculated risks. The middle class is afraid to take risks.
6. Millionaires continually learn and grow. The middle class thinks learning ended with school.
5. Millionaires work for profits. The middle class works for wages.
4. Millionaires believe they must be generous. The middle class believes it can’t afford to give.
3. Millionaires have multiple sources of income. The middle class has only one or two.
2. Millionaires focus on increasing their net worth. The middle class focuses on increasing its paychecks.
1. Millionaires ask themselves empowering questions. Middle-class people ask themselves disempowering questions.

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