Do You Employ The Rich Man´s Strategy?
People are not born rich (except if you inherit it : born with a silver spoon in your mouth) however most people are successful because they have a different attitude to doing things than unsuccessful people- there is also luck in it isn’t it?
Here are some few points:
Long term vs Short term thinking: The rich think long term and not short sighted like most common folks who want to enjoy everything today without a clear strategy for the future. One example is steem power which is a long term wealth creation strategy. Moreover long term holders of top cryptos are all smiles now while those who sold off their bitcoin when it was 1 USD are wondering what went wrong- see my former post for details .
Long Term Value Creation: The rich invest in passive income opportunities, and use the gains to search for new ones and reinvest thus a great source of constant return on investments (ROI) .This relates to powering up constantly and thus earning passive interest income on steemit.
Sleeping beauties: This refer to undervalued coins / tokens which can lead to jackpot . Remember that some people invested heavily in bitcoin when it was still undervalued. This is a great rich man´s strategy : looking for sleeping beauties, investing and holding long term. One good example is Ethereum Lyte (elyte) which is new and has a max supply of 1M and far less circulation supply, solid website / white paper see https://www.elyte.biz/ solid team (visible profiles) , solid / realistic projects - so join the next best thing and be an early adopter . Remember those who joined Bitcoin community and invested at its infancy are all smiles now-this will create wealth for you.
Understand and Acknowledge weakness: Most successful people do work on their weaknesses in order to improve on it. This can be done through continuous education or even hiring a top consultant . Moreover, for a job they cant do inhouse, they tend to go with outsourcing .
Hardworking: have you seen any successful person that is lazy or complain of having no time because of family or work issues? In fact, most work very hard for their success without giving a reason or constant complaining about irrelevant issues or blaming others for their mistakes.
Now is your turn: do you employ the rich man´s strategy? Send in your comments - upvote to send in your support and resteem in order for your contacts to join the discussion.
Click here and read my former post : Why the Rich and Poor need cryptocurrencies (steemit /steem , Bitcoin, Elyte.io et al )
Do not forget to check out https://www.elyte.biz/ and join their telegram group at https://t.co/kAhkvVTPBF
Note: Back end developers with block chain experience should contact me
For those who want to be an investor in Bitcoin wallet see X coins link: https://xcoins.io/investors?r=v93e2z
great post and a reminder of why we should all have an eye for great and innovative opportunities which steem has provided for steemians and elyte will be offering for early birds. Thanks as always for sharing. upped
welcome and more success
Great info thanks for sharing
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Great post,
One thing that stands out to me is being in the rich man's mind set. If you don't see yourself as someone who will ever be wealthy then you never will be. When you already see yourself as valuable you're much more likely to either pick up the habits that will bring you wealth like some of the ones you listed, or to find a way to effectively bring your value to other people, the rewards will follow from there.
Now, time to go find some sleeping beauties, I have some catching up to do in the crypto world
You analysed it well, upped. Good point indeed.
It's so hard to pick the next sleeping giant (relating to crypto) sometimes I feel like it's just gambling with the level of volatility.
Good point, however it is not so hard if you open your eyes (Lol) see my former posts for details. Yes there is certainly some risk in it however- no risk, no gain isnt it?
-Work ethic with talent shows overtime,
Good point, I agree..relates to hard work too
Agree,
welcome
I love this from you man.. Its quite interesting
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Thank you for good information :D Resteem!
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