5 Things Rich People Do That Poor People Don't - Episode 633
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 1 June 2020
⏱️ 12 minutes
🧾️ Download transcript
Summary
One huge component of building wealth involves changing your habits and your mindset. Today we're going to talk about five things that rich people do that poor people don't.
I hope this episode will empower you to change your thoughts and behaviors, so that you can change your financial future. Don't miss episode 633 of Investing in Real Estate!
Transcript
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| 0:00.0 | The five things that rich people do that poor people don't. That's today's show. Let's dive |
| 0:10.7 | into it. |
| 0:11.7 | Hey everyone I'm Clayton Morris longtime real estate investor. |
| 0:14.3 | I've created multiple seven figure companies and this channel is devoted to helping you |
| 0:18.8 | build financial intelligence so you can build financial freedom. |
| 0:22.0 | Now I've done it through buy and hold real estate, |
| 0:24.4 | I hold it, cash flows, that has been my secret to success and that's one of the ways |
| 0:29.8 | we'll talk about on today's show that rich people build wealth. But before we get to my five |
| 0:35.7 | points, I want to tell you a little bit of a story. When I was a young news anchor in the state of |
| 0:40.4 | West Virginia, I remember this new story where a guy won the lottery two times. |
| 0:46.2 | Okay? This guy, he drove a pickup truck in West Virginia and he won the lottery two times. |
| 0:52.0 | Now, the first time he won it, he lost it all. |
| 0:55.4 | He took the money in a bag to the bar |
| 0:58.4 | and had it stolen out of his truck. |
| 1:01.0 | The second time he won it, he had some family members swindle him out of the money. |
| 1:06.5 | He won the lottery twice and had both times all of his money taken. |
| 1:11.2 | Now the reason I'm telling you that story is because certain people are not |
| 1:15.0 | set up for wealth building and I believe the lottery is one of the stupidest |
| 1:19.4 | things a person can do because it is a tax on poor people, dumb people. You're going to spend money |
| 1:26.0 | of more of a chance of becoming President of the United States, the odds are, than you do of winning |
| 1:30.8 | the lottery. It's ridiculous. But more importantly the type of person |
| 1:34.6 | the mentality of playing the lottery you know it shows that that type of person is not |
... |
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