Superficial analysis describes what we can all see. The more complex analysis should probe the why and how to alter these patterns. Surprise-? education, family economic supports to avoid deep holes and a level playing field to execute “visions “ rather than having rich and powerful friends as the gateway to success.
You’re right, mindset is just one part of it. Education, family support, and fair opportunities matter a lot too. My focus here was on what we can control personally, but I appreciate you adding that layer to the conversation.
Appreciate that, Redwood! You’re spot on — most wealth fades by the 3rd generation. It’s something I’ve been researching and planning to write on soon 👀 Stay tuned.
I’m currently in the beginnings to build on a meager wealth that has survived to myself and my brothers, the 3rd Gen! Looking forward to your article on this!
An essential discussion. Understanding why wealth and poverty perpetuate themselves is the first step toward building a more equitable system. Thanks for tackling this!
You are not what you own — you are what you do with what you own…
a good read
Superficial analysis describes what we can all see. The more complex analysis should probe the why and how to alter these patterns. Surprise-? education, family economic supports to avoid deep holes and a level playing field to execute “visions “ rather than having rich and powerful friends as the gateway to success.
You’re right, mindset is just one part of it. Education, family support, and fair opportunities matter a lot too. My focus here was on what we can control personally, but I appreciate you adding that layer to the conversation.
Great article. Have you written about generational wealth? I’ve heard most will not survive 3 generations.
Appreciate that, Redwood! You’re spot on — most wealth fades by the 3rd generation. It’s something I’ve been researching and planning to write on soon 👀 Stay tuned.
I’m currently in the beginnings to build on a meager wealth that has survived to myself and my brothers, the 3rd Gen! Looking forward to your article on this!
Great article. Definitely stealing “The poor mindset hoards pennies. The rich mindset multiplies dollars”. So so true
Glad that line hit you, Ryan! It’s crazy how a simple shift in thinking changes everything. Appreciate you reading 🙌
It absolutely is. I scream about the importance of mindset from the rooftops
Thank you
Yeah
Money from frauds, its not legitimate.
An essential discussion. Understanding why wealth and poverty perpetuate themselves is the first step toward building a more equitable system. Thanks for tackling this!