What the 1% Do and Not the 99%!

The rich are getting richer and the poor are getting poorer. Preston Ely, the founder of Real Estate Mogul shared in his article how he became richer and joined the 1 percent. He cited seven reasons but we list the key five below:

1. Be the best

“It’s a funny thing about life; if you refuse to accept anything but the best, you very often get it.” —W. Somerset Maugham

The 1 percent know people like to buy the best products and services possible. So they make it their goal to be the best and produce the best. You are going to have a hard time producing the best products and services if you, personally, are not the best. So if you’re not the best, don’t focus so much on your work. Focus on you. Sharpen your skills. Sharpen your mind.

2. Value production over playtime.

“The supreme accomplishment is to blur the line between work and play.” —Arnold J. Toynbee

We need playfulness and curiosity to fuel our creativity and motivation to work. Find work you enjoy, then work time becomes playtime. The 1 percent play all day. There are no weekends or weekdays, workdays or vacation days, Sundays or Mondays. They’re all the same. You know you’re living life the way it is intended to be lived when you look forward to work. You actually prefer work.

3. Have the 99 percent do your work for you

The 99 percent work and the 1 percent hire the 99 percent.

You don’t really have to do everything from operation to management by yourself. Many people are willing to do it for you. Spend your time to seek for new business opportunities instead.

4. Spend your money on things that make you more money

“If you don’t know how to care for money, money will stay away from you.” —Robert Kiyosaki

People who don’t know how to spend their money wouldn’t earn more money. Think wisely, which one is better: buy a Prada handbag or Prada shares?

5. Give as much money away as possible

“Give and it will be given to you.” — Luke 6:38a

The 1 percent give away more money than the entire 99 percent combined. The time to start doing this is right now no matter how much money you make or have or don’t make and don’t have. If you don’t do it now, you won’t do it when you’re a 1 percenter. And you have a much better chance of becoming a 1 percenter if you give now.

A mindset that always believes ‘you can do it’ is needed on the road to success. What else from the 1% do you think the 99% should learn and do? Comment below!

Reference:

Preston Ely, 7 Things the 1% Do That the 99% Don’t www.success.com