Rich People are Greedy – Money Myth 1
Reading time: 3 – 4 minutes
The upside to this perspective is clear; you get to make those rich people wrong, and yourself right. Any perceived financial shortcomings can be justified by saying “but at least I’m not greedy” – and you get to pretend the reason you’re not as rich as those guys is because you’re morally superior and above it all.
Some of the costs associated with this view; in some sense, being poor becomes a point of pride, and you must choose between your pride and your financial success (which makes your pride very expensive). In addition, within this view, perspective in which wealthy people are anything but morally inferior must be invalidated, or else the payoff is threatened, This effectively stifles the introduction of a differing perspective in this area, stopping growth and evolution of your thinking and those around you.
Interestingly, it’s terribly difficult to make money if you’re not generous in some measure.
In an open and free market, there must be value for both participants of the transaction, or they wouldn’t engage in it. The easiest way for anyone to become wealthy is by creating a means by which to create the most value for the greatest number of people possible, at the least possible cost. If your product or service doesn’t give your customer enough value for your price, they will go elsewhere and you will not make money. If you’re not generous with the value you create, if you’re not constantly looking for ways to deliver more value to more people for less money, you will find it much more difficult to become rich.
It’s easy to look past the value someone’s offering you and see that they’re also benefiting from the transaction. It’s easy to resent that, especially if you think they’ve got enough already. But what does that do to you? …it puts you in a position where in order to be happy, you’d have to change the other person, and that’s a lot harder than changing yourself. …and while it may be ‘right’, in your mind, to think of people who make more money than you think they need to as ‘wrong’, ultimately this belief does not serve you- what it does is engages your ego into the situation- and your ego wants to be right more than it wants you to be free. If this is the belief you’ve chosen, you’ve positioned yourself to choose between being right and being rich.
Resenting rich people is a trap, not only because it makes you unhappy over something not in your control, but also because it will prevent you from modeling their behavior- you don’t want to become like someone you hate, right? Your ego would never tolerate that. If you became like someone you hated, wouldn’t all your friends hate you?
It’s a trap, and it will give you reasons that will keep you from becoming successful with money.
The truth is that most wealthy people are admirably generous- not only do they create and deliver value to as many people as they can, as a group they give more, more often to charities and causes than any other group can. Another truth is that we’re easily blinded to this by jealousy.
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I find its on the person. I’m sure we’ve all met alot of poor people that are greedier with money than the rich man. I think it’s ego like you said. Being right don’t get $$ all the time. I used to be on that “hate the rich” until I realized this person just found a way to the money. Plus..what’s my hate doing to his money supply..nothing. I’m still broke. Great message today. You’re right..alot of rich people give and create jobs. How many poor folks create jobs?
I hate the saying Rich people are Greedy because it implies that if you have the right hustle and it makes billions somehow you’re taking from someone else. It’s also a cop out internally to say it’s hard to make money so I’d rather be moral. It’s these myths that get most young cats being happy with poverty like it’s their destiny.
We can’t hate what we one day hope to become! Like you said it’s the person because the money is just a tool like a bat. In the wrong person’s hands it’ll fvck something up.
GREAT PHUCHIN POST!!!!
Folks wanna hate the wealthy and titans of industry so much. Ask yourself, what would happen if they ALL closed up their businesses and quit?
I STRONGLY recommend y’all rent the movie “Atlas Shrugged Part 1″ (2011)
Bullshit!
Some of them mofo’s CHEATED to get where they are. They know it and the “occupyers” knows this.
All wealthy people are NOT CREATED EQUAL. You might want to read the history of Capitalism. Capitalism means to Capitalise off YOU. Since you are a decendant of slaves the american Capitalist system got rich off your forefather’s back. Thus your legacy is slavery, black codes, jim crow, de jure and de facto roadblocks.
Wall street cheated for their wealth with insider information THEN they kicked the ladder away from the rest trying to scale it.
check on it.
@ Marcus
Do what you do homie. I don’t take a knife to a gun fight anyways.
You got a problem with wall street, then start your own Wall Street to level the playing field and get up in their chest.
Look at your history…it’s been done before.
@Supreme – Now I’m not saying they are Saints but generalizing all of them is a lie. Just like generalizations of any group of people is a lie. Rich people are normal people who somehow flipped their money more than the average folk.
@Marcus – Shit, there are a lot of people who cheat in this world ask any grade school teacher. Is it a stretch to think the person who cheats on a test wouldn’t cheat when it comes to money? That’s not the real issue as the nature of Capitalism is to find a product for 10 cents and sell it for 10 dollars. So everyone’s a cheater when it comes to making money.
Yes, I am a descendant of Slaves but I’m not one today. So I can’t change the past and there’s no reason for me to dwell on it while forsaking today. I don’t join the occupiers and that shit as anyone with a mind already knows what’s going on. It just happened to fvck up middle class white america. So now I got loser white boys telling me I should be mad I am a descendant of slaves and they capitalized off of me. I already know that shit and still we move on!
What you are not understanding about money is one thing. The Rich get Richer FASTER because they have more money to play with. So you with 10K buy Ford Stock and it goes from 1 buck to 2 bucks. You made 10K right? The Rich put down 2 million on the same stock and they make a extra 2 million. They didn’t cheat you they just got more CHIPS!
Chris Gardner was homeless but instead of hating on the rich guy in the fancy foreign car he asked him what he did and when he found out the guy was a stockbroker he went for for it and became rich.
The real reason people hate the rich is because to not hate them means they are doing something you aren’t.
Rick Ross, rapper, had two seizures on a plane, went to the hospital and then went back on his grind.
If poor people truly didn’t want to be rich they wouldn’t go to casinos and play the lottery and “numbers”.
Most people want to be rich they just don’t want to do the hard work it takes to get there.
@ Marcus again…and as far as that slavery sh*t you talkin.
It only happened cause folks refused to DIE for theory freedom. They could re institute that sh*t again TODAY cuz only a handful of Us would rather die.
That’s Real!
Only an ignoramous, black or white, would constrict Afrikan’s “legacy” to the most recent 500years considering we’ve existed for 50k years. Read muh fugga..READ!!
And as far as that occupy bullshiggy, I’m like Priest in the movie SuperFly…holla @ Me after you katz start tearing up some sh*t up.
Until you ready to get on some V for Vendetta typa movement for change…..SHIT YO A*S DOWN SOME PHUCIN WHERE!!!
@JGalt – Agreed, as everything people seem to do is try to get rich. When they go to sleep, when they are in trouble and when they think about enjoying their life they wish they were rich. It’s a weird way of thinking to hate something you want for yourself so bad.
The most greediest, selfish and narcissistic people I know all have jobs! Try to talk business and the first thing you will here is ‘How much do I get?!’ They all suffer from ‘me, me, me’ syndrome.
Think about it those who don’t have hold onto all they have while those who have don’t mind sharing. The way people think about it is backwards because if everyone wants to get paid first who will do the work and who wants to build with cats who think pay me first?