Getting rich isn’t a mystery. There is a common thread that runs through the majority of rich people and it’s something you can do, starting today!
Most of us are under the misconception that success equals fancy. Fancy clothes, fancy degrees, fancy jobs and fancy cars equate with affluence to most people. This is wrong. In the two incredible books by Thomas Stanley, The Millionaire Mind and The Millionaire Next Door this mythology is destroyed.
After studying millionaires and deca-millionaires, Thomas Stanley and William Danko uncovered some stunning truths about them. They typically own the car they drive, live in middle class neighborhoods, dress modestly and live very normal lives. The main difference is that they choose, carefully, how they generate income and, what they do with that income.
This is just one story of a millionaire.
Edward Moshole started his humble and meager life in Gapane, in the province of Limpopo in South Africa. By the time he was 16 he had lost both parents. He failed the eighth grade five brutal years in a row. After moving to Cape Town he became a cleaner for a larger company.
It was there that Edward found his inspiration.
He started a small cleaning business that he worked on the side that kept him very busy. But he wanted more. Edward took the small amount of money that he had saved and invested it in some large containers and ingredients to make his own, nice smelling cleaner. He would spend hours mixing his special blend in the containers in his back yard. With blistered hands he would then sell the cleaner door to door.
This went on for three years until he started negotiations with a company that could teach him how to mass produce his product and launch his career. Today Mohole’s cleaner is mixed in his factory in Wynberg and he is a very humble millionaire.
Money is not the root of all evil. The love of money is the root of all evil.
Rich people create things that lots of people need. Whether it’s a product, your time or an idea, if you find a way to serve a huge number of people they will show up. And if they think that what you offer is worth more than what they paid for it, you won’t be able to keep up.
What are you doing to secure your own financial future? Is your job enough? Do you have a plan to become financially independent. Think more about how you can serve people. Eventually you will find a way to get rich, while you improve the lives of others.