The Mindset of the Rich
From Paychecks to Passive Income
I truly believe that wealth begins as a mindset. As Charlie Munger describes, mental frameworks are ways of thinking and seeing the world that either bring you closer to your goals or hold you back.
Robert Kiyosaki echoed this idea with the notion that while the less wealthy think, “I can’t afford it,” the wealthy ask, “How can I afford it?” This shift in thinking is incredibly powerful. In fact, humans tend to rise to extraordinary heights when faced with challenges.
This isn't intended to turn into a motivational newsletter, but there's wisdom in the saying: "He did it because he didn’t know it was impossible."
The entrepreneurial or investor mindset operates in a completely different realm than that of a salaried worker.
Kiyosaki explains this with a simple quadrant: