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Thread: Wealthy VS Rich: There is a difference

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    fanocks2003 is offline
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    Default Wealthy VS Rich: There is a difference

    I found this interesting to share with you all:

    Whiz Kid Technomagic - Riches vs. Wealth

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    dkt91 is offline
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    Default Re: Wealthy VS Rich: There is a difference

    fanocks, thanks for posting that link!

    It is really impossible to be poor as long as your mind says that you're rich - and the other way round unfortunately.

    Would you agree with: "The wealthier a country the poorer the people."?


    Let me explain that:

    In wealthy countries there are a lot of people with secure jobs that deliver them a constant income which people usually carry to the next bank.
    Neither do they take any risk nor do they search any opportunities.

    Whereas in broke countries there simply aren't enough good jobs that could deliver security of some sort. Therefore people are forced to risk a lot and search for opportunities - in order to survive.


    So far my theories


    Regards,


    Florian

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    fanocks2003 is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by dkt91 View Post
    Would you agree with: "The wealthier a country the poorer the people."?
    I wouldn't go so far, but I would say that the poorer you are, the more likely it is you will end up broke sooner or later. Not necessarily, but higher probability.

    Poor people seem to focus so much on the impossible and the negative. Often on the expense of thinking in "maybe" patterns.

    Rich people are more prone to at least test and see if they are wrong or not. I am such a person (blowing my own horn..hehe). I like to test before dismissing an idea. Just micro test it to see if the idea I had, had some bearing or not. Sometimes you would be surprised how many "stupid" ideas that actually works. The one who test it, will know. The pessimist will never know and I guess they are happy with that.

    It's a choice, as the author mentions in the text.

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    Runum is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by dkt91 View Post
    fanocks, thanks for posting that link!

    It is really impossible to be poor as long as your mind says that you're rich - and the other way round unfortunately.

    Would you agree with: "The wealthier a country the poorer the people."?


    Let me explain that:

    In wealthy countries there are a lot of people with secure jobs that deliver them a constant income which people usually carry to the next bank.
    Neither do they take any risk nor do they search any opportunities.

    Whereas in broke countries there simply aren't enough good jobs that could deliver security of some sort. Therefore people are forced to risk a lot and search for opportunities - in order to survive.


    So far my theories


    Regards,


    Florian
    So, is the relative wealth of the nation, as opposed the individual, possibly dependent on the willingness of the masses to hold down steady jobs?

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    MooreMillions is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Good read. I agree with it in very broad strokes. Everyone should strive NOT to be poor, however, at some point in your life you will be broke.

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    Banthaman is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by MooreMillions View Post
    Good read. I agree with it in very broad strokes. Everyone should strive NOT to be poor, however, at some point in your life you will be broke.
    Will be, heck, you start out Broke! That’s not to say that you can’t start out rich though. To quote Job 1:21, "Naked came I out of my mother's womb..." The mindset of the Country (USA) is virtually engrained in the common persons mind to be safe, secure, ect. in that the way to do that is to have a safe, secure job, always be realistic, draw between the lines, think inside the box (and on and on). While most of those people dream and aspire to be wealthy few do so by aspiring to be rich. As such the few go against the flow and as such attain it. The wealth is more or less a byproduct.
    "If I have seen further than others, it is by standing upon the shoulders of giants." - Sir Isaac Newton

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    fanocks2003 is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Many aspire more to be wealthy than they seem to aspire to be rich.

    Being wealthy only mean something if you have a rich mind to put the wealth to good use.

    A rich man to me is someone who is free from conventions. A rich man is someone who would rather go eat ice cream than go and slave for an idiot with a well inflated ego (the boss). Even though that act would make him suffer from loss of a job, loss of income and certainly loss of family support (because the family, if they are not the supportive kind, will hate him for going out there eating that ice cream instead of working his ass off).

    But that is a rich man to me. Someone who do as he wishes no matter what the circumstances. No matter what happens he/she will do what he/she wants and will be prepared to engage any challenge that will come from doing such an act.

    Very few people are rich. Because very few people listen to what they want. They always listen to others. They put themselfs in second place, most of the time, because that is what is "expected" of them. Talk about being ignorant to one self. Take care of yourself, be rich, then you can be rich to others and help others.

    I can tell you right now: When I have kids I will teach those kids to make their own money from the age of 10. They will pay for their own things (everything they want, they pay for it). They will take their own responsibility from a very early age. Call it irresponsible parenting. I call it "real life". When they reach the age of 18 I will tell them to pay part of all the expenses in the home (expenses / number of people in the house). Everyone contributes to the nest in the form of money. Just like in real life. If they don't contribute, they are out on their own. Call that "asshole behaviour", I call it a "taste of real life". Real life treats you like the plague if you don't pay up. You know it, I know it. Rich minded people knows this too, and they are usually the ones who will actually make things happen before the poor minded guy do.

    The rich guy is resourceful and always finds a way of getting out of trouble. That is a rich guy. The poor guy will hope someone will help him out. He usually dies waiting. Dangerous and unncessary situation to be in. Teach those people when they are young and receptive of new stuff and you will have created a better world.

    I will instill in every child I have that they do what they want to do and if they do something they should be prepared to stand by their choice.

    I want my kids to be "rich" people not "poor" people.

    Look at the birds, they kick out their offspring from the nest almost immediately after birth. If they don't fly, then they will never ever fly no more. Better to cut it lose early I guess..hehe. You see, even animals engage in raising their offspring to be "rich" minded. The ones who are poor minded will die very soon after birth (either they become pancakes against a rock or they will be eaten alive by a lion or something). That's life. Call it "the survival of the fittest" (Darwin) if you want. The "rich" minded will always win, because their traits are strong and healthy. Why so few want to be rich is a real riddle to me. Can it be a fondness of being unhappy?

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    Russ H is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by fanocks2003
    Why so few want to be rich is a real riddle to me. Can it be a fondness of being unhappy?
    Quite the contrary, fanocks. I think most who do not have the "rich" mindset are held back by FEAR-- they fear the loss of security a regular J.O.B. gives them (you and I know this is a false sense of security and one could lose their job any second, but it is real security to those who see it that way).

    Also, many Western nations were started or ruled by very religious people. And many (not all) western religions teach that "the love of money is the root of all evil" or similar things.

    I don't want this to become a religious conversation, but I do think that these elements have been key in the fear and loathing of being "rich".

    (MODS-- feel free to delete this if it violates the posting rules re religion).

    -Russ H.
    Beer & Pancakes 2012-- The EVENT

    "Control everything. Own nothing." -John D. Rockefeller

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    tbsells is offline
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    Default Re: Wealthy VS Rich: There is a difference

    I saw this in a Chris Rock show "Shaq is rich, the guy who signs his check is wealthy." Not really a quote because I had to delete profanity and numerous racial/ethnic slurs but you get the point. He's right. Shaq is a very highly paid "E". The guy who signs his check owns a highly successful "B."

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    Banthaman is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by Russ H View Post
    Quite the contrary, fanocks. I think most who do not have the "rich" mindset are held back by FEAR-- they fear the loss of security a regular J.O.B. gives them (you and I know this is a false sense of security and one could lose their job any second, but it is real security to those who see it that way).

    Also, many Western nations were started or ruled by very religious people. And many (not all) western religions teach that "the love of money is the root of all evil" or similar things.

    I don't want this to become a religious conversation, but I do think that these elements have been key in the fear and loathing of being "rich".

    (MODS-- feel free to delete this if it violates the posting rules re religion).

    -Russ H.
    I have always found it interesting that most people read that quote and equate it to money is bad, even re writing it saying "money is the root of all evil." The whole concept in general is most often taken out of context. I site this because it directly related to the thread. The love of money is in essence the base cause for the pursuit of wealth where in many cases the exact opposite attains wealth.

    Example: you want/need/desire money. Therefore you start a business, get a job, or just plain steal it from someone. The result - Your business quickly fails, your job brings you stress instead of happiness, you go to jail.

    Some people would look at that and say, "Well, that’s what money does." The thing is I would probably be considered clinically insane if I said to the jury, " I saw that 50$ bill reach out of that mans pocket, grab the defendants had and thrust it into the subjects head repeatedly." Some might even say, "You cant blame him if he needs the money." But why is it then the most successful people are more interested in what there customers need, what other people want/need, if your needs are met more so than what they want or need?

    You own a hotel /B&B, are you more concerned on the quality of experience your customer had or the quantity of tip they left? Another quote on that would be, "It is more blessed to give than to receive." Ironically the more you give in the right attitude the more you tend to receive. I have seen far to many places fail searching for, scraping for, planning for , plotting for the almighty buck when it may cost a little or even a lot more upfront but filling the need and more so hearing the needs of there clients/customers/partners/shareholders/ and employees would go a long way in reaching their goal.


    Just my 2 cents.
    "If I have seen further than others, it is by standing upon the shoulders of giants." - Sir Isaac Newton

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    fanocks2003 is offline
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    Default Re: Wealthy VS Rich: There is a difference

    Quote Originally Posted by Banthaman View Post
    I have always found it interesting that most people read that quote and equate it to money is bad, even re writing it saying "money is the root of all evil." The whole concept in general is most often taken out of context. I site this because it directly related to the thread. The love of money is in essence the base cause for the pursuit of wealth where in many cases the exact opposite attains wealth.

    Example: you want/need/desire money. Therefore you start a business, get a job, or just plain steal it from someone. The result - Your business quickly fails, your job brings you stress instead of happiness, you go to jail.

    Some people would look at that and say, "Well, that’s what money does." The thing is I would probably be considered clinically insane if I said to the jury, " I saw that 50$ bill reach out of that mans pocket, grab the defendants had and thrust it into the subjects head repeatedly." Some might even say, "You cant blame him if he needs the money." But why is it then the most successful people are more interested in what there customers need, what other people want/need, if your needs are met more so than what they want or need?

    You own a hotel /B&B, are you more concerned on the quality of experience your customer had or the quantity of tip they left? Another quote on that would be, "It is more blessed to give than to receive." Ironically the more you give in the right attitude the more you tend to receive. I have seen far to many places fail searching for, scraping for, planning for , plotting for the almighty buck when it may cost a little or even a lot more upfront but filling the need and more so hearing the needs of there clients/customers/partners/shareholders/ and employees would go a long way in reaching their goal.


    Just my 2 cents.
    Being rich is more about enjoying life for what it is. If you are broke, could you still enjoy life? A poor man wouldn't. His mind would be on the cash. Always. I have never seen a poor guy go to the beach when being broke. Even if that would help his imaginitive mind to get some fuel to think something clever out.

    For a poor man, going to the beach and having some fun when being broke is just insane. They would rather argue that you could use that time making some money instead. A rich guy knows that this is so much horse shit that it lasts for the rest of his life. Sales people was put on this earth to work on commision. Find something cheap to sell, have the salesman sell it, earn his commision and ship the product to the customer. Ca-Shing, not broke anymore and still rich. It is all about thinking patterns and attitude.

    Hence being rich is a love of being free to live life as was intended.

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    memenode is offline
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    Default Re: Wealthy VS Rich: There is a difference

    What it seems to come down to is this:

    Rich people create their circumstances and poor people are created by their circumstances.

    Rich people love money because they can use it to achieve something they love even more. Poor people love money because they don't have it and don't even know what would they love to achieve more.

    I think I'm rich.

    But I'm not wealthy just yet.. though my purpose for the following year has been set. I'll be making a set amount of money per month doing what I like to do (web publishing). That's my purpose, but the root desire behind it is what I call "capacity to achieve". I want money not because of money itself, but because of what I could achieve with it, and it isn't just "more wealth" (albeit that's included). I want to make the mark in this world in another way too, which I can't really talk about here cause it's a forbidden topic (though it's technically neither religion nor politics, now go scratch your head about it ).

    Anyway, cheers!

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    yahdmon is offline
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    Default

    I generally define rich as the one seen, the one up front. The ones behind the scenes on whose account the checks are drawn are wealthy and even that is subjective.

    The baseball player getting paid 120 mills. a year is rich. The team owner paying him is wealthy.

    Now this same ball player who now owns several car dealerships pays the porter $18,000.00 annually and to the porter the dealership owner is wealthy...

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