I'm doing this to identify if some of my potential prospects have money or the purchasing power to purchase/buy my products and services. Would love to hear what you guys have to say about this. Not a millionaire myself yet.
Here are some observations of mine from meeting/knowing wealthy individuals ($10m net worth and up) offline and online, and from analyzing their behaviours and so on:
That doesn't mean there aren't wealthy individuals who don't show their lifestyles on Instagram or TikTok or whatever. Of course, yes they do exist. If your lifestyle is your brand aka think of Tai Lopez, Grant Cardone, Manny Khosbin, Ed Mylett, Andrew Tate/Tate brothers and so on then it's a necessity.
However, as a rule of thumb(from what I've seen), the more someone flashes their stuff on social media(FB, Instagram, TikTok etc), the higher the chance that it's all an image thing for them and they're pretending to be rich. Or they're just trying to sell you on whatever they're selling.
Whereas in eastern europe(Poland, Czech Republic, Hungary, Russia, Romania) I found it to be the opposite. A lot of people care about their image there and because these countries are growing quite well economically, so experiencing wealth is a new thing in Eastern Europe. But in Eastern Europe, every wealthy person that I know over there drives something very nice, usually a car that's worth $100k and above.
In fact, one Bosnian guy who owns a car dealership near me told me that the people who can afford a brand new Porsche in a dealership dress normally, usually in a normal t shirt with some jeans on and that's it. Or they wear tracksuits. But it's nice. THOSE are actually the guys who walk in and buy the car right away. They can walk in with flip flops and be worth $60m whereas the guy who looks all macho with a suit will never buy the Porsche. That's an interesting observation.
Same deal with electronics. They won't have the "newest iPhone" or be obsessed with the new 70 inch TV that's on black friday. That's usually something that the middle/poor class is obsessed about. Again, are there exceptions to the rule? Yes, but let's not base our rule on exceptions.
If you travel to Eastern Europe and look at all the babushkas who are 70/80 years of age, they can barely stand alone with no assistance.
In Poland/Eastern Europe I found it to be a mix. Some might be really healthy or fit, while some might be obese and still have a lot of money. Sort of like with wealthy Americans or Latinos. They can have bad teeth from smoking, wear 10 year old torn clothes from Walmart and walk into the casino in Monaco and have $15m in the bank. Very difficult to tell.
I found it to be the COMPLETE opposite in real life. These people(the ones who I've met at least) are some of the most caring, cool, humble and trustworthy people to be around. You can ask them for advice and they will give it to you. They got real manners, are punctual, positive and NEVER gossip or talk shit about anyone. It's like they're extra friendly on purpose but it's just WHO they are.
It's rare to encounter this type of mindset/thinking on a daily basis where 99.9% of people talk about X person or Y celebrity, war in Ukraine or that "Norway" is a horrible country with no future(comes often from my family).
Actually, it's the guys in the middle who are the worst people/customers from my experience. You know what they call them, the $40k-$60k millionaires or the guys who are putting a front on, these are the WORST people you can encounter.
BONUS TIP: The people from the top are amazing. Surround yourself with them as much as you can or try your best to interact with them and obviously, make sure to give something back to them.
EDIT:
For others, it might be cars so you can meet them at supercar/grand turismo events and so on.
While others might be very passionate about donating money to Nairobi etc.
While some may own sports teams, like one guy in my town who owns Stavanger Oilers(professional hockey team).
Any other characteristics that some of you'd like to add?
Here are some observations of mine from meeting/knowing wealthy individuals ($10m net worth and up) offline and online, and from analyzing their behaviours and so on:
Social media
From social media, you can't really tell if someone is wealthy because there are just so many pretenders that are out there. However, most of the guys that I know in my town who are wealthy barely use their social media. In fact, most of them have private Instas with less than 1,000 followers or no FB/Instagram at all. Some use LinkedIn too. Maybe because most of them are 40 and up but I've noticed it's a very common trend with the sort of "underground" very wealthy people.That doesn't mean there aren't wealthy individuals who don't show their lifestyles on Instagram or TikTok or whatever. Of course, yes they do exist. If your lifestyle is your brand aka think of Tai Lopez, Grant Cardone, Manny Khosbin, Ed Mylett, Andrew Tate/Tate brothers and so on then it's a necessity.
However, as a rule of thumb(from what I've seen), the more someone flashes their stuff on social media(FB, Instagram, TikTok etc), the higher the chance that it's all an image thing for them and they're pretending to be rich. Or they're just trying to sell you on whatever they're selling.
Cars
Cars are a very interesting thing because this is a mix from my experience, depending on where you live. In Norway/Sweden in general, most wealthy people do not really care what they drive unless they're into cars, then they might drive a Ferrari, Bentley, Lamborghini, high end Porsche models and so on. But it's difficult to tell in Norway. A lot of people drive their hybrid/electric Volvos, Audis, Teslas, Mercedes Benzs and so on, including wealthy people. For example Arne Fredly who's a Norwegian billionaire who lives in Monaco said that he only drives his Tesla in Norway because everything else doesn't make sense.Whereas in eastern europe(Poland, Czech Republic, Hungary, Russia, Romania) I found it to be the opposite. A lot of people care about their image there and because these countries are growing quite well economically, so experiencing wealth is a new thing in Eastern Europe. But in Eastern Europe, every wealthy person that I know over there drives something very nice, usually a car that's worth $100k and above.
Clothes, Electronics
With clothes, I found that the wealthiest people tend to wear normal clothes from H&M or Zara, Nike, Adidas etc. They rarely dress in suits or super "professionally" or wear any of these fancy brands like GUCCI, Supreme, Armani or Tommy Hilfiger. That's usually all on credit cards to look like someone has money.In fact, one Bosnian guy who owns a car dealership near me told me that the people who can afford a brand new Porsche in a dealership dress normally, usually in a normal t shirt with some jeans on and that's it. Or they wear tracksuits. But it's nice. THOSE are actually the guys who walk in and buy the car right away. They can walk in with flip flops and be worth $60m whereas the guy who looks all macho with a suit will never buy the Porsche. That's an interesting observation.
Same deal with electronics. They won't have the "newest iPhone" or be obsessed with the new 70 inch TV that's on black friday. That's usually something that the middle/poor class is obsessed about. Again, are there exceptions to the rule? Yes, but let's not base our rule on exceptions.
Physical Appearance
In Norway/Scandinavia in general, people take their health very seriously. That's something that I actually really like with Norwegians, they are outdoors almost all the time compared to us Poles, which explains why they're so healthy and can walk normally, even at an old age. So your typical wealthy person in Scandinavia will not be overweight or obese, they'll usually be slim built for both men and women. Well groomed, good teeth/hygiene and so on.If you travel to Eastern Europe and look at all the babushkas who are 70/80 years of age, they can barely stand alone with no assistance.
In Poland/Eastern Europe I found it to be a mix. Some might be really healthy or fit, while some might be obese and still have a lot of money. Sort of like with wealthy Americans or Latinos. They can have bad teeth from smoking, wear 10 year old torn clothes from Walmart and walk into the casino in Monaco and have $15m in the bank. Very difficult to tell.
Behavior
You know what they say: "The wealthy are evil or rich people are greedy" or what you see in the Wolf Of Wall Street where everybody is screwing each other.I found it to be the COMPLETE opposite in real life. These people(the ones who I've met at least) are some of the most caring, cool, humble and trustworthy people to be around. You can ask them for advice and they will give it to you. They got real manners, are punctual, positive and NEVER gossip or talk shit about anyone. It's like they're extra friendly on purpose but it's just WHO they are.
It's rare to encounter this type of mindset/thinking on a daily basis where 99.9% of people talk about X person or Y celebrity, war in Ukraine or that "Norway" is a horrible country with no future(comes often from my family).
Actually, it's the guys in the middle who are the worst people/customers from my experience. You know what they call them, the $40k-$60k millionaires or the guys who are putting a front on, these are the WORST people you can encounter.
BONUS TIP: The people from the top are amazing. Surround yourself with them as much as you can or try your best to interact with them and obviously, make sure to give something back to them.
EDIT:
Very passionate about certain things
Whatever it is. For some it might be golfing because they like the joy of chit chatting with buddies and enjoy the peace of it.For others, it might be cars so you can meet them at supercar/grand turismo events and so on.
While others might be very passionate about donating money to Nairobi etc.
While some may own sports teams, like one guy in my town who owns Stavanger Oilers(professional hockey team).
Any other characteristics that some of you'd like to add?
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