Rich Dad, Poor Dad - Change your Leadership Mindset and the Money will Flow

If you ever strive to be successful in business and have failed repeatedly, the feelings of frustration and despair can be overwhelming. For the most part a few setbacks can, and do, send most people packing back to the safety and security of the 9 to 5 grind.

Repeatedly chasing get rich quick schemes in an effort to secure financial freedom for you and your family is always a road to disillusionment and debt. However, even those making the right choices, taking time to improve their skills, and spending time learning as much as they can about their respective industries, may still find success hard to achieve. Is it all a matter of luck? What is the answer?

For those entrepreneurs who refuse to give up success can be right around the corner. Unfortunately what happens, all too many times, is people give up their dreams of financial freedom and entrepreneurship far too early.

Sometimes the corner you need to turn, the shift you need to make, comes down to "mindset" more than knowledge or skills. For those of you still on the search for financial freedom in your own business the following rich dad/poor dad mindset comparisons may help you. Hopefully you will recognize where you already have a success mindset or what you need to work on to improve.

THE RICH PERSONS MINDSET:

• Solution Oriented
• Value Driven
• Gratitude
• Success Principles run my life
• Takes Responsibility
• Invests time/money in myself and others
• Makes Decisions
• Asks Questions
• Does what is right/ethical
• Thinks "why I can" not "why I can't"
• Believes money flows when attitude is right

   Now compare these with THE POOR PERSONS MINDSET:

• Problem Oriented
• Thinks Cost not Investment
• Focuses on lack
• Do what I like when I like
• Circumstances run my life
• Spend money and time
• Makes excuses and accusations
• Does what's convenient
• Thinks "why I can't"
• Believes attitude comes with money

In considering the past, the rich person looks back at what is learned and gained, using their past as a tool to become even more successful in the future. They also use their past experiences as a reason to propel themselves forward.

However, on the other side of the coin, the person with the poverty mentality uses their past to look back and consider what they have missed or lost. There is a lot of woulda, shoulda, coulda's in their vocabulary. The person with this mindset allows their past to be a convenient excuse for their present situation.

As far as present tense thinking is concerned, the wealthy person considers what they already have, what they need to do to move forward, and focuses on solutions while clarifying their goals. The poor person thinks about what they don't have, what others need to do, and focuses on problems while justifying their current situation.

When considering the future, the wealthy person uses it to keep him moving forward. He sees the rewards, develops solutions to problems that arise and uses phrases like "I will". For those with the poverty mentality there is always a lot of wishing and hoping, looking for luck or a lottery win to turn their finances around or allowing the government or current circumstances to dictate their future.

Wealthy people learn differently from others. They have all the questions and the money. They learn for personal development and growth. They learn by doing and teaching. In direct contrast the poverty mindset has all the answers and none of the money. They learn so they can know it all and complain. They learn to maintain/get by. They use television as their main source of education.

Wealthy people work differently as well. They work with a purpose. They work to build their dreams. They do what is necessary to be successful and strive to improve at every opportunity. The person with a poverty mindset works because he has to pay the bills and never strives to do more than the minimum.

Sometimes just being made aware of the rich dad/poor dad comparisons can be enough to have a shift in consciousness significant enough to be able to lift you to a higher personal game. Management doesn't always refer to others and your business. Managing ourselves can be the biggest challenge!