Car is not a symbol of richness and walking does not mean we are poor

97% of total population of the world has near about 3% or even lesser wealth. Lets Call them Category A guys with medium or lesser income scale. While 3% population in the world have more than 97% of total wealth of the world. Lets Call them Category B. Category A guys are majorly employee or small scale business people. They live from paycheck to paycheck. They have this instant gratification drilled in their minds. This means that salary must be credited at the end of the month. Check frustration and tension with your friend whose salary got delayed by a day or two, or check with them whose night shift allowance arrived late. They measure their status in terms of monthly income or daily wages. Its like his salary is this much or his package is that much.

When any opportunity strikes, they are the first to doubt what if this goes wrong, what if that goes wrong, what If I could not do it. Mostly they don’t take the opportunity. Mostly they believe in concept of saving money in banks and that this savings will take them ahead. They will have all the world to blame for any issues in the world financially starting with their colleague, boss, situations,relations etc. The concept of job security is drilled in their minds. I have seen guys preparing for some government jobs in the lieu of a secured job. I do have some friends in IT for the same reason. They mostly go on opinions and give opinions and not facts or first hand experience. They console themselves that they cannot have all things in the world. The concept of dreams is limited or aloof to them.

Their idea for Money making knowingly or unknowingly is Short Term Gain, and Long Term Pain. Like many a times you will find some of your friends getting some onsite opportunity for a year or so or some big contract once in a while. But check with them what happened to that money over a couple of years. It will be all back to square one.

They mostly trade their time for money. Meaning one unit of time for one unit of money or less depending on their job or rank. They somehow fail to understand that once they are not able to give time because of whatever reason, the money flow is gonna stop.Like check with your friend who met an accident and cannot go to job. Do check with guys whose pay has been cut down or terminated currently by their company due to covid-19 lockdown. They work for some company, organisation or people but they have this idea ingrained.

Now coming to the 3% guys whom I called as Category B guys. These guys living in Ivory towers are mostly the Big Industrialists or Investors who don’t have to come on ground to get the work done. They do not live from paycheck to paycheck. Heck they don’t live on paycheck at all. They believe in Delayed Gratification. If the money does not flow end of day or end of month, they don’t panic. They know that in any office if they work for 10 hours, they will get paid for 10 hours. However if they work for 14 hours, they don’t get paid for 14 hours in office. They rather believe in working for themselves and building a team. They know money will flow today or tomorrow in a compounding way.

When any opportunity strikes, they sit ready to pounce on them. They take decisions and work hard to make it right and achieve success. They are never gripped with the concept of self doubt. The Idea of saving banks is totally aloof to them. Nobody gets rich by saving money in the bank. On the contrary they borrow money from banks to start any project, new business, or for new investment at a some interest rate . This borrowed money will generate them wealth at a rate much greater than the one borrowed from the bank. Check the Existing/Ongoing Loans by Tata group or Reliance group. It goes from thousands of crores to Lakhs of Crores.

They don’t blame systems or situations for failures. They take responsibility and ownership. They take decisions and work hard and smart to make it right. They believe more in Freedom than Security. They have freedom of time and money. They can do whatever they can with their money and their time. They go by the facts and not opinions. Their business investment is mostly educated decision based on financial reports and other forecasts.

Their idea of Life is Short Term Pain, Long Term Gain. They know that it requires sacrifice to build their dreams and fulfill their purpose. They work in the concept of Time leveraging. They know that time is the new Currency. 100s of 1000s of differently skilled people work for the Reliance group. Every human on this Earth has 24 hours common amongst them. But for the Owner of Reliance Group, additional 20 Lakhs Hours are worked under him on daily basis. So he is bound to be rich. There can be a whole lot of other reasons also, but from my experience, technically the 97% guys are actually working for 3% guys. Or 3% guys make 97% to work for them. And because of this leveraging, 3% are rich and 97% not.

One of the features of rich people is believing in the self. Many of them lose their businesses but they bounce back. Many of the stock pics of rich investors are wrong. But they do not berate themselves. Most of us have the ability to prioritize a negative mindset. There is: Fear of Failure, Fear of being proved wrong, Fear of society, Fear of criticism and so on. While negativity is inherent, poor people make it a point in believing these thoughts. Many of the poor people I see, make it a point to crib about how poor they are and how difficult it is to make ends meet. No matter how hard they work, they always end up in penury.

If there is an opportunity, they will take it. The consequences will automatically resolve themselves.” This was the advise my father’s rich client had for his son. When Mukesh Ambani started Jio, he was competing against a set of established players. Not only did he come up on top, but brought about a consolidation in the telecom space. It was a risk which payed off. Jeff Bezos started Amazon, when people were extremely critical and cautious about the online world. It was a risk which he played well. Elon Musk started space X with a dream to create reusable rockets. He nearly went bankrupt, but again, the risk payed off well. Some of the people in my circle keep wondering, when they will be rich and when they will earn a lot of money. They do not even want to take the risk of leaving a job which they have no liking for. Reason? Fear.

And finally, I will end with an anecdote: One day, at the mouth of the Metro station, appeared many beggars. One group, focused on begging. The four of them, never stopped, saying,”Help me. I am poor”. Over the course of the one year, they were doing the same thing. An old woman in the lot, however begged for a week. The next day she had some shiny pens on display. The pens would be sold before end of the day. Within a month, she had a roadside stall selling, covers, pouches and pens. Being in the vicinity of banks and corporates, business went well. In a year, the rags were gone, she was looking younger and she had people manning the stalls while she went about supervising. She was selling fruit plates, pens and pouches, and handkerchiefs and belts.

Life is helpful, when it sees desire and confidence beyond doubt. When someone believes, he/she is destined to be poor, life gives them exactly what they want. On the contrary if someone is willing to believe in a better life and is willing to take the risk, life will give them exactly that. Stay blessed! #kishoreshintre #possessedbywritingspirit