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Why Your Beliefs Determine Whether You Are Rich Or Poor

May 11, 2008
Have you ever heard of the phrase that the rich get richer, and the poor get poorer. Well, many people think that it is obvious because when you are born rich, you have all the money to go to the best schools, the money will allow you to continue to start companies that will make you rich, or simply that you will just inherit the money and continue to be rich for the matter.

Well, this is true in some cases. The main reason why children of wealthy parents tend to continue to be wealthy is because they inherit the beliefs that support wealth. And they inherit these beliefs of wealth from their parents and their relatives. They believe that it is a normal to run a company, to go to college and to make a half of million a year and drive a Mercedes Benz. They know it is possible because they see the people around them doing it.

On the other hand, many people who are born in poor families adopt beliefs of the poor. What they see around them become their role models, their parents and their relatives. They see their friends, they see their parents earning low wages and in lower income positions and struggling to get by every single month.

So, after a while, they start to believe that, that is their reality. These beliefs limit their dreams and their actions. They do not dare to go beyond what they see around them.

One example here happened during a training session with a student from a government school.

There was a student who did not set a goal to get a university degree. So when I asked him, Why do not you want to go to college? Why do not you want to get a degree? You know, he told me that no body in his family can study and that no body has ever made it pass their 'O' level exams in his family.

And there are many cases where many people who are born into poor families eventually break out of the cycle of poverty and become extremely successful and wealthy.

It is because along the way, they had managed to meet powerful role models that gave them the beliefs of possibility that brought them out of their little world they were living in.

By adopting the beliefs and mindset of empowering role models, we can change our financial status, environment, results and destiny.
About the Author
Adam Khoo is an entrepreneur, best-selling author and a self-made millionaire by the age of 26. Discover his million dollar secrets and claim your FREE bonus report 'Ultimate Success Formula' at Patterns Of Excellence.
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