Top 7 Specialties among the POOR &the RICH

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In this article, my aim is to present you with brutal and practical facts that differentiate the poor from the rich in our societies today.

Top 7 Specialties among the POOR &the RICH

#1 The poor watch TV while the rich read

The poor spend more time glued to their television set and in most cases, they devote their time watching programs that will add no value to their lives.

For the rich, it is a different ball game altogether. They spend time reading and learning. They make research to better and development themselves and even when they must watch television they spend little time doing that or they watch programs that add value to them

#2 They poor get paid timely and rich get paid based on results

You see the poor depending on monthly and timely income. They wait until the end of a stipulated time before they earn.

For the rich, the income or payment is based on the achievements they are able to record in a given time.

A typical example is a director of a company that shares profit at the end of a financial year or a successful business transaction while the average workers wait for 30 days to get their wages.

#3 The poor blame and rich takes responsibilities

A poor man is very quick to ascribing blame to a particular thing or event. They are quick at blaming others for their misfortunes rather than take responsibilities of their situation.

They blame their “village people” for any negative events in their life.

On the other hand, the rich accept responsibilities for their actions, learn from their mistakes and forge ahead.

#4 The poor save while the rich invest

The poor take their monies to the banks who then give same to the rich to invest.

Because the poor are afraid of risk and losses associated with business investments they prefer to keep their funds in the banks.

But the rich never hesitate to increase their money through investment and risk-taking.

#5 The poor know it all while the rich continuously learn

A typical poor man seems to have it all figured out and yet he is still in a sorry situation.

This makes it difficult for them to learn from those who are more knowledgeable than they are. A typical poor man is a jack of all trade.

The rich employ the services of professionals to handles areas that they have no knowledge about, they are willing to learn and improve themselves.

#6 The poor believe that money is the root of all evil while the rich believe poverty is the root of all evil

A poor man has the impression that money is the root of all evil whole the rich think otherwise.

Unfortunately, the religious poor among us in the society believes that money can hinder you from serving your good or remaining faithful to your religion.

While the rich believe that life is made easy and comfortable when you are comfortably rich.

#7 Poor have lottery mentality rich have an action mentality

These days, the poor prefer to sit down and continue to hope that someday he will win a lottery that will change his life and that of his family members.

They resort to having the lottery mentality, they take no actions to alleviate their condition.

While the rich believe that he has to work hard to change his conditions for the better. The rich make a conscious effort for the betterment of his life, the rich is action minded, they work for every penny.

 

Reference DAN LOK

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What is the most important skill you need?

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What is the most important skill you need?

If you want to be successful, you’ll need many specialized business skills, but probably the most important one will surprise you: it’s the capacity to READ! Yes, READ!

You must develop the capacity to read, and to read FAST, and by this I don’t mean basic literacy. This is why I talk of “capacity.” If you’re on this platform, you’re someone who has more than basic literacy skills. You are the next generation of leaders.

I’m sure you’ve heard the expression: “(Great) leaders are readers.”

You must have the capacity to read a lot, if you want to be successful. All the greatest leaders I’ve ever met, from any walk of life, had this in common: they liked to read books, journals, and articles.

On one of my travels, I met someone who asked me a simple question:

“Where do you live?”

“I have a house in London and one in Johannesburg, but I spend most of my time in airports.”

“Where are your books?” she asked.

“In Johannesburg.”

“Ah, that is where you live, because books are your most prized possession.”

You must BUY and own books. It must be a constant investment. You’re not a reader if you prefer only to borrow books. It means you’re not committed. If you have children, take them to bookshops. Buy or build them bookshelves. Encourage them to own and treasure books. Take them to libraries, galleries and museums… they’re generally free!

__For the African continent to grow and prosper, we must build a greater culture of reading in our young generations! There’s not a moment to waste.

The pastor of a great church asked a young man, “Where is your bible?”

“I can’t afford one, sir” the young man replied.

“Then sell your shoes!” the pastor replied.

This is the attitude you must build towards the ownership of all other books, too: “If you think books are too expensive then you have not yet realized their value to you, and your family.”

Reading is by far and away the thing I do most in my day:

You all know by now that I start my day by reading the bible for at least an hour. I read it cover to cover at least once a year.

Before I go to work or start my day, I delve through at least 5 newspapers that I subscribe to.

Then I read reports, mostly about what’s going on in our various businesses. I also read the latest developments in our industries.

I read emails (I don’t allow an email to go unanswered for more than 24 hours). Generally, I read every email that gets into my inbox. This is why I don’t like all sorts of emails to clutter my box. I manage emails very strictly because if I don’t, I’ll lose control of my agenda.

# Throughout the day, I’m reading reports and responding to them. I can read very fast.

I hate rituals, but if you must have a ritual, this is it: Read every day to understand, reflect upon and follow what’s going on around you that affects you. Remember what I’ve said before: things happening far across the world can seriously affect you, too!

You can train yourself to expand your reading capacity quickly and easily:

1. Buy and read books.

2. Buy and read books.

Did I repeat myself?

Buy and read books!

In closing, the other day I went to see a play in New York about Alexander Hamilton, one of America’s founding fathers. It was a remarkable musical production and worth all the rave reviews it’s getting. I only had one problem: it was a musical performed in “rap” by a mostly young African-American cast; for a long time, I didn’t understand a thing they were saying! But I could still follow the story very well, because I’d read the book on which it was based more than 10 years earlier. If I must see a movie, I need to read the book as well.

Someone who has a smartphone or tablet is reading (quantitatively) more than 100x what their peers read 20 years ago. Nevertheless, the key to reading capacity requires an interest in reading books, even those in electronic format.

Be smart, be wise; buy and read books. If you’re planning to get to the top, one book a week should be your minimum target.

The article above was written by Strive Masiyiwa — Zimbabwean businessman, entrepreneur, and philanthropist. Estimated Net worth US$3.6 billion. Over the last few years, Masiyiwa has devoted his time to mentoring the next generation of African entrepreneurs on Facebook. Facebook has identified his platform as having the most engaged following of any business leader in the world. He has won numerous accolades and gained international recognition for his business expertise and philanthropy, and is considered one of Africa’s most generous humanitarians. Masiyiwa has used his wealth to provide scholarships to over 100,000 young Africans over the past 20 years through his family foundation. He supports over 40,000 orphans with educational initiatives, as well as sponsoring students at universities in America, The United Kingdom, and China.