Friday 24 May 2013

Mindset: a World of Difference

If you took all the wealth from the wealthy and 'give' it to the poor, come back in a year to check the score; I can guarantee with 90+ percentage certainty that you will find the poor have traded all the wealth to regain their poverty and the wealthy, who lost their wealth, have traded their lack for their original wealth, some exceeding where they were before.

I see you have doubt, let me prove it to you; I follow the story of average people who win large sums of money in lottery. Two principles comes to mind, ONE: easy comes, easy go and TWO: if you didn't have the capacity to earn it, you won't have the capacity to keep it.

Read these few headlines from the UK:
“…A couple from the West Midlands have been declared bankrupt – four years after scooping more than a £250,000 on the National Lottery…The pair were declared bankrupt at Wolverhampton County Court this month with over a £19,000 debt allegedly owed to Marston Brewery…”[1]

 “…A hospital porter who scooped £10million on the Lotto is having his home repossessed after blowing the lot. John McGuinness, 44, landed the huge jackpot in 1996 - but now OWES £2.1million. And with no prospect of him paying it back, the bank has won a repossession order for his £500,000 mansion, the sole asset left from his win…”[2]

I know what you are thinking, "if I get even just half of what they had, I would be very careful how I spend and invest it" Right? WRONG!!!…the truth of the matter is, “…Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much…”[3] hence the premise that if we take care of the pennies, the pound will take care of themselves.
People don't get wealthy by accident neither do people get poor by accident; it is in what we do or don't do. But what we do/or don't do is determined by our mindset. Mindset is a make-up of belief system, belief system determines what one thinks and does and consequently ones destiny. Belief system is made up of simple faith one picks over the years through what we hear, see, feel, meditate upon and experience be it positive or negative.

Jesus Christ once told a fascinating story of a man who needed to trade his negative belief and fear for positive mindset and faith (in people and business world). He said a wealthy master wanted to travel on business and left Five Talent[4] to one servant, Three to another and One to the third (notice He said, "each was given according to their ability").
When the master came back later that year he demanded the three servants to give account for what they have done with what he entrusted them with. The one who had five traded well and had five more as profit, likewise the one with three had three more. The one with one talent said "I was afraid" and so ''I hid'' what was in my power to invest and he returned the capitial with no profit. His master was angry and said, "the least you could have done was to put that talent in the bank as fixed deposit and gain interest on the capital" (Mattew 25:14-30)
So many people are like the servant with one talent, out of fear (negative belief, mindset), ignorance and financial illiteracy, they refrain from investing and trading the little that they have.

In my previous article, I wrote about why school top graders don't make it to be top earners; the bottom line is in mindset i.e. what we believe deep down inside about money, people, business world etc determines what we do, be and have.

People with poverty mindset have acquired a tendency to trade their assets for liabilities while their counterpart wealthy folks have learnt to trade their liabilities for assets through and through. Think about this, if I gave you One Million right now, what will you do with it? write down the very first thought that came into your mind…you may want to read my article Poverty is a Mindset.

You can begin your journey by LEARNing To TRADE:
2Financial Illiteracy for Literacy (knowing what counts to be a better and smarter earner)
2Ignorance for Knowledge (about money, business world, politics whatever you're into…)
2Fear for Faith (fear of failure, making mistakes, unknown, risks )
2Timid for Boldness (guts to act when you know the time is right)
2Passiveness for Proactiveness (don't wait for luck, make it happen for you)
2Sickness for Health (we need to be spiritually, mentally and physically healthy)
2Negative Mental Attitide for Positive one (your attitude will determine your atltitude in life)
2Dishonesty for Integrity (you will never enjoy/keep what you earn through deceit)
2Wrong company for the Right one (your network will determine your networth)
2Arrogance for self-confidence (it's a thin line between the two tho')

Illiteracy, ignorance, fear, timidity, passiveness all these, and the like, are liabilities; if you possess any of these tendencies wake up and trade them for their counterpart assets. it all begins in the mind–set before it can manifest in the flesh.

LEARN to trade your LIABILITIES for ASSETS; remember, "There are no hopeless people, only people who think hopelessly" (Windred Newman)

//Tim J Kyara
Teacher/ePastor/Engineer
Teacher of the Word www.light2mypath.blogspot.com
Clean Humour 2 Health www.laughin2health.blogspot.com  
Financial Freedom Fighter www.timkyara.blogspot.com


[1] www.expressandstar.com Wednesday 20th July 2009
[2] www.mirror.co.uk/sunday-mirror/ Sunday 10th Feb 2008
[3] Luke 16:10 NIV UK Bible Copyright © 1984
[4] One Talent at the time is believed to be about 30kg of Gold

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