Five Simple Reasons Most People Will Never Get Rich...and How To Make Sure You Do!

Jun 23
20:38

2005

Jason Oman

Jason Oman

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What did I learn about getting rich from interviews with over 43 self-made millionaires?

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After interviews with one after another,Five Simple Reasons Most People Will Never Get Rich...and How To Make Sure You Do! Articles I realized many of the
secrets that make them rich while others continue to struggle. When you
understand and do what self-made millionaires do, you get to become one of them. If you don't understand and do what they do, you don't get to become
one. It's really that simple.

Here are five simple reasons most people will never get rich and how
to make sure you do:

Reason 1: Waiting to Start

Most people don't want to wait for success. But, at the same time,
they are willing to wait before getting started on the road to success. Do
you see the problem here? The longer you wait to get started, the longer it
will be before you get the money, success, and lifestyle you want. Many
people are waiting for everything to be perfect before they get going.
Therefore, they never get going and never get the rewards. No race has ever
been won (or even finished) by someone who never left the starting line.
Don't wait to get going. Start today on the road to success.

Reason 2: Being Financially Illiterate

The cornerstone of all wealth is understanding the difference between
assets and liabilities. The difference is this: Assets put money IN your
pocket. Liabilities take money out of your pocket. Most people think their
home, car, and other possessions are assets. But, the truth is that in most
cases those things take money out of your pocket. They cost you money. They
don't make you money. Therefore, by the true definition above, those things
are liabilities. They take money out of your pocket each month. When you
have more money coming in from real assets than you have going out to pay
for liabilities, you will be financially free.

There is only one way to do this. Which brings us to...

Reason 3: Focusing on Linear Income Instead of Passive Income

One of the millionaires interviewed said it simply. He said, "If
you're not making money while you sleep, you'll never be rich." Linear
income is what you get from a job. You work for an hour and get paid only
one time for that one hour's work That's it. Passive income is when you work once but continue to get paid over and over again from work you're no longer doing. Investing in or creating true assets that provide passive income for you is your ticket to wealth.

Reason 4: Not Understanding or Using Systems for Making Money

A system for making money is anything that allows you to make money
without your own effort. In other words, it's an automated way to make
money. All true assets are simply "systems" of one sort or another. Once you create or invest in a proven system for making money, there is no limit to the money you can make. Becoming a master of money systems can bring you riches beyond your dreams.

Reason 5: Not Being Persistent or Patient Enough

To finish any race, you have to leave the starting line and follow
through to the finish line. Most people create their own failure by either
not getting started or not following through, or both. To get rich,
successful, and happy you must have the patience and persistence to cross
the finish line. You must not only get started, but also follow through.
This may sound obvious, but it's still the cause of most failure.

Only by joining the small percentage of people who are willing to do the five things mentioned above will you have the greatest chances for wealth and success. It's really quite simple... Decide to do these things and you can get rich too. If you don't do them, then - like most people - you may never get rich. Decide now to master the ideas mentioned above and begin your road to success now. Then follow through and watch the difference it makes.

Thanks for reading!

Jason Oman

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