What is the key psychological difference between billionaire and regular people?
A 1) very different and strong mindset and 2) the power to have visions that most humans don’t have.
Here’s what Elon Musk did:
1.The envisioned that we will be running on electric-based, sustainable transportation means (starting with cars). People called him crazy. Tesla is now a astonishingly beautiful, fast and cool car. They said he would not be able to manufacture in large scale and bring the price to a common sedan. Model 3 will prove those bobos wrong. Tesla stock sore in the last years, originating a 6000% gain in 6 years.
2.The envisioned that rockets could be reusable and brought the price down so much Space X is now manufacturing for Nasa.
You know what Jeff Bezos did? He said future Amazon deliveries would be conducted through drones. Well, Amazon just started shipping product with drones in the UK.
The only difference is Mindset.
Mastering your money has a lot more to do with psychology and mindset than we might think. That's what Napoleon Hill preached in his bestselling 1937 book "Think and Grow Rich," the culmination of his intensive study of more than 500 self-made millionaires.
Self-made millionaire Steve Siebold, who has interviewed 1,200 of the world's wealthiest people during the past three decades, agrees. Getting rich often has less to do with the money than the mentality, he writes in his book "How Rich People Think."
Allow me to draw an image.
If regular people are these beautiful horses.
Then billionaires would be donkeys.
They are stubborn and won't get tired easily going in same circles over and over and over again. They don't mind working day and night or on weekends.
People lack the same stubborn motivation because they don't see results quick enough and they work for others so they get tired of it. With billionares it's like a donkey on a mill. Motivation is a constant it never goes down. Which keeps them doing what they do to accumulate wealth.
Now you could have the same motivation as a billionare but you might not be a risk taker which doesn't qualify you as a businessman. Another factor could be the lack of skill that's makes you a billionare. Facebook, Google and other Tech startups billionares have innovation in their respective technology field that allowed them to come up with these ideas. Another factor is simply you have the skills but not the scale.
There is a lot of factors to account for to be a billionare. So if you have the consistant motivation quality you are a billionare material. You just need to complete the other factors.