Thread by @faizansiddiqi

You don't need to be an entrepreneur to win.Entrepreneurship is hard.But you need an entrepreneurial mindset to re-set the the dependency on shiny things and instant gratification. Not every one can be an entrepreneur, but we can and must "want less" & "Invest More" & make more.

A job is a job is a job. But options are also limited, its mostly a mind set thing. We have to have a job, a job provides security, quality of life, access. All creations of the corporate industrial complex essentially to make others rich by paying u just enough...

This "just enough" problem has most folks in a ball & chain.Because we write off doing some thing on our own as not just being worth it & giving up a sure bet.This mental comfort in OPM(Other Peoples Money) is what gets us in the long run. Rich businesses are owned by rich ppl

Rich people didn't get rich by saving or cutting down on expenses alone. Being rich is as much a mind set thing as it is anything else. People get rich by
a)Taking Chances
b)Deciding to invest vs acquire shiny things
c)Not chasing money and status alone & knowing the diff

The real lucky 1s figure out early on in life by sheer luck, determination or both that, that you win when u don’t have to trade your time for money.That is freedom, that is being truly rich because you are not addicted to a pay check. Work on building assets. Like what you ask?

A)Shares in companies
B)Buildings/shops, places where ppl work or trade
C)Building/investing in brands/services/companies/ that deliver happiness and instant gratification to the rest of us.

Why?

Because we suck at delayed gratification. We want in the now, in the present. Amazon prime any one? Only the richest man in the world who fuels every ones instant gratification took 14 years—58 quarters after its May 1997 initial public offering—to make a quarterly profit.

The day you decide that you dont want to be addicted to a paycheck is the day your outcomes can change. It can be the first day you invest some money for the long term, you buy a small part of a local biz, you invest some money in a shop to rent,you buy hardware to rent to others

You basically decide to take a risk & diversify vs spending 75-80% of you pay check what ever it may be. Or you decide to quit do some thing for your self with your time. It doesn't always have to be doing something on your own, because lets face it, not every 1s cut out to do it

If you look around you, families who have financial freedom, what do they do differently? What allows them to live differently?
The answer is clear , its because at one point or another, in every one of their families, somebody decided to cut the umbilical cord of pay-checks.

What u must do,to break the cycle for self/kids/family is to delay gratification.Give up some of the pleasures today for freedom later. To be in the 1% u have to think/execute like them too. Imagine what the other side of the table looks like,where the money ppl spend comes to u

To change outcomes you must change your actions. Build vs buy, collect vs spend, create vs consume, grow vs not. There is no easy solution, wealth creation is a journey, if you didn't start early its increasingly ffing hard. That most people don’t have what it takes to obtain it.

Its a long slow path, no one tells you about the sacrifices along the way, people glorify it. Startups, capital raises ≠ wealth, but it has created the illusion that it does, trust me you arent the .0000001% that will convert a bet to a unicorn or change the world

Instead focus on changing your self. Focusing on real goals, building diversification of assets and diversity of thought. Stop listening to uncles and cousins & family members who are victims of the system & barely making ends meet on what to do and how to do it. Tough but true.

"Take a chance, you can always go back to being poor. But what if you get a little rich?" Sage advice some one gave me the first time I was going to invest the little money I had saved up many yrs ago. Lost it all, but it worked to have the courage to keep making bets.

We never hear the boring, the unsexy, the get rich over 20 yrs stories, We only hear the get rich quick, holly wood items.Thats what makes it harder. Every one is on a fast track. Fast tracks or short cuts to being rich are seldom true. Most end up in heartache or jail time.

There is no shame in taking your time to get to a place where you are comfortable, where you dis connect your time from your pay check and where your "capital base" grows vs your checking account every 30th. It takes a lot to get to that point.But you can. It starts with planning

It's called a rat race for a reason, you must figure out why you are participating. The value of money is the life you exchange for it. Decide today or forever hold your peace. @rebootdude @raza_matin @SaadGH @ZMoosaPK @Ash_Kalim @babushka99 @owaisz @Huk06 @TheNestiO @jehan_ara