6 Mindsets You Must Adopt to Grow Rich and Wealthy
Change How You Think, and Everything Else Will Change
They say, “Act as if you’ve already received your goal.”
People wishing to be rich often interpret this to mean, “I gotta spend like I’m already rich.”
They are wrong — this is the fastest way to go broke.
Acting as if you’ve already received your goal is about ridding yourself of everything that doesn’t align with where you’re going and rebuilding your person to align with someone who’s already achieved the objective.
For example, if you wanna be rich, get rid of how you currently walk, talk, and act so you can learn how to walk, talk, and act like a rich person — if that’s even a thing.
The gateway to how fast this happens lies between your ears.
Yes… I’m talking about your mind.
When you change how you think, everything will change as a byproduct.
In other words, if you start thinking like someone who’s rich and wealthy, you’ll see your wealth and bank balance start to grow.
I think they call it the “The law of attraction” or some jazz like that, but who cares…
Here’s 7 mindsets you must adopt if you wanna see your wealth grow:
1. Non-essentials are a “no-no”
Your needs are more important than your wants.
This is why Abraham Maslow called his famous Pyramid structure the “Hierarchy of Needs.”
If you wanna grow rich and wealthy, you must focus on meeting your needs.
The more needs you meet, the better you’ll feel.
When you feel good, you’ll be good.
The problem with investing resources into a bunch of non-essentials is they’ll only make you feel good for a short period of time.
This is because you’ll eventually become accustomed to them, making them your new normal.
When what you used to want becomes old news, you’ll want more.
For this reason, the rich and wealthy often say no to things that aren’t essential.
… And you should too.
This means if you need to buy a car that gets you from A to B 5 days a week, focus on just that!
Don’t worry about the manufacturer.
You should be more concerned with its durability — “How long will this last me?”
Before you make a purchase or invest your time into something, always ask yourself, “Do I need this?”
If the answer is not a resounding “YES,” just drop it.
2. Money is just a game
The other day, I took part in a Call of Duty tournament — it was on Mobile, but that doesn’t matter…
I wanted to ensure I had the best chance of winning, so I used some virtual currency I’d won from doing well in other modes to upgrade my weapons.
Since I had many wins under my belt, I was stacked with cash.
This meant I could get some of the best upgrades, killstreaks, and perks.
I ended up finishing in the top 5% of the tournament.
But when it came time for me to look for someone to build my website (coming soon), I noticed there was friction — “Why should I pay someone when I could do this myself?”
TLDR: It’s much easier to make a logical and calculated decision with your resources when playing a game.
That sense of loss is absent when you spend a few credits or gold coins to upgrade your player in a video game.
This is why the rich and wealthy often see money as a game…
The average person is way too attached to the concept of money.
They view earning it as an end goal rather than a means to an end.
Once you start thinking of money as a game, you’ll realize there’s no difference between the money you have in your bank and the one you’ve got in your video game —
It’s all just a way to upgrade your character.
3. I deserve to be rich and wealthy
Jay Samit, author of “Disrupt You!”, once said, “In life, you get what you believe you deserve.”
This means you must believe you’re deserving of more to have more.
It also means that if you have been struggling in any area of life, your belief system has a fundamental flaw.
Now, Ask yourself, “What makes me different from all the other people who’ve achieved the levels of riches and wealth I want?”
Most people come up with excuses — “Their parents were rich.”
This is just a cop-out way of saying, “I have no control over the situation, so I’m gonna stay the same.”
Your beliefs form the foundation of your behavior.
To alter them, you must identify your existing beliefs and realize their impact on your life.
For example, I once thought being self-made meant doing everything yourself.
The impact: I was always busy but didn’t have the results to show for my busyness.
Once you’ve identified the belief holding you back and its impact, you can rewrite it…
I now believe there’s no such thing as being self-made because you’ll always need help from others.
This has made me much more willing to pay others to do jobs I could probably do but they can do better.
For instance, I pay:
- A personal trainer to help me get my dream body
- An accountant to help me sort my taxes
- A web developer could build me a website
None of these activities are out of my depth, but since these people live and breathe what they do, they’re better equipped to do the task well.
4. Time >> money
In 2021, I lost my Grandmother…
My dad was responsible for her finances, and it turned out she left behind a large sum of money.
This was enough to cover all the funeral costs and more.
One day, I was speaking with my dad about the situation, and I recall him saying, “All of this money means nothing. Grandma is gone!”
Sure, he was pretty upset about losing his mom, but in that little moment, I learned something —
You can make all the money you want in the world, but you’ll always have limited time to spend it.
This was the seed that helped me later realize money is just a tool used to buy resources.
It’s important, but it’s not the end all be all.
Billionaires have enough money to last 100 lifetimes, but their number of years on the planet is fixed.
Money can buy you many things, but it can’t buy you more time.
Well, kinda…
You can’t walk into a shop and purchase extra time.
… But you can pay other people to do stuff you don’t wanna do or aren’t the best at doing, so you can save time.
The rich and wealthy often opt for this model of life.
If you wanna join em, you should too.
5. Set the bar high
Real progress starts when you raise your standards.
What you’re willing to accept shapes your daily behaviors and produces the outcomes you get.
If you accept the bare minimum, you’ll get the bare minimum — the opposite is true too.
The rich and wealthy set the bar high because they know they’ll always fall down to their lowest expectation of themselves.
This is why some people’s bank balances are always in the red, and some are always in the green.
In another conversation with my dad, he said, “I always start to feel uncomfortable when my current account balance gets to around £5,000.”
That was his bare minimum.
Bill Gates’ bare minimum would likely be a few billion.
If my dad raised his standard to £6,000, you would instantly see a change in his behavior.
For example, he would probably stop buying Snickers bars and doing late-night takeaways whenever he’s on the night shift.
You don’t rise to the level of your dreams; you fall to the level of your standards.
What you’re willing to tolerate creates your reality.
Set the bar high so you fall at a place where you’re still able to maneuver.
6. Feel fear and do it anyway
Getting wealthy is not comfortable.
You’re gonna have to do alotta sh*t that scares the living daylights outta you.
I learned that firsthand recently…
Last year, I committed to growing my wealth and getting rich.
I left my family behind in the UK and moved to Ghana to save money on rent — my parents have a house here.
I’m currently in the process of my next move, which is to move away from Ghana to another country where I’ll have more opportunities to grow.
All of this stuff is scary as f*%k.
I’m constantly thinking about what could go wrong, but I do it anyway because I’d regret it if I didn’t.
This is common among the rich and wealthy — they feel fear and do it anyway.
When asked about how he’s able to go ahead with things people think is crazy Elon Musk replied:
“I think I feel fear quite strongly. It’s not as though I have the absence of fear, I feel it quite strongly. But there are just times when something is important enough, and you believe in it enough that you do it in spite fear.”
If you wanna grow your income and get wealthy, be prepared to do a bunch of sh*t that scares you.
Final thoughts
Your mindset is how you make sense of the world.
If you’re not rich and wealthy right now, it’s likely because you don’t view the world like they do.
This is why they say, “The fastest way to your goal is to act like you’ve already achieved it.” All it means is you must adopt the mindsets of someone who’s got what you want.
6 mindsets the rich and wealthy have are:
1. Non-essentials are a “no-no” 2. Money is just a game 3. I deserve to be rich and wealthy 4. Time >> money 5. Set the bar high 6. Feel fear and do it anyway
Copy them to start replicating their outcomes.
Thanks for reading!
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