Do those investing in Hive & inleo have a rich man's mindset?

Why is getting rich a mindset?

Being rich or becoming rich may mean different things to different people. For some it is about owning that stylish and swanky car.
For others it is about having a big house in a posh upscale location.
Some see being rich as the ability to travel and party in style.
Some like to travel in premier class in the most exclusive aero planes and see the world in style.
For you it may be one the above things or something totally different however there is something common to it all. That is about having money.
Having more money than you can spend or having money still left over after you spend it living your opulent life.
Most people only dream of such a life as they are stuck in their 9 to 5 job. Believe me if you have a 9 to 5 job that pays the bills and you manage to save some money at the end of the day or month you are lucky,
Then there are the folks engaged in the gig economy whose income may depend upon the tasks they manage to complete or the orders they may be able to deliver.
At the end there is a direct correlation between the work you deliver and the money you make.
You stop working and the inflow of money dries up.
This is the story of all of us that are the working middle class.
Those who plan to get rich think differently.

How do those planning to get rich think differently?

To start with they have more than one source of income. A business may be cyclic or seasonal and if you have another side gig or source of income then you have something to fall back upon in case your first business slows down.
Typically rich people would have several businesses. These businesses would generate them income.

Where do I have the time to do a business when I am stuck in a 9 to 5 job situation?

A good question indeed. Here you can start a part time business on the weekend to use some of the savings to start this business.

Delegate your responsibility

Successful people delegate their responsibility. This is easier said than done. You should have an eye for spotting talent. Keep an eye for someone who would be a good fit to run the business for you when you are not there. Find someone dependable and trustworthy.
This person could manage the shop for you when you are not there.

Invest your money to make more money

Even if you can have little money and invest it in a manner that delivers decent returns then you would end up having more money than you started with.
The idea of investing is having a rate of return that is more than the rate of inflation.

People who leverage their time, money and people resources have a better rate of success than others.

I take a very simple example of earning via the inleo platform.
Just by delegating my hive power to the @leo.voter account I am able to earn a decent 13% rate of return.

Add to this the fact that I have subscribed to the premium monthly plan and opted for the staked leo plan. I am earning a handsome 16% rate of return.

Doing this makes me get a decent rate of return. Since I am not selling my leo tokens or powering down my hive power I am slowly growing my account power on the hive blockchain.
This is a time tested strategy which a lot of users have used to grow their account and clout within the hive blockchain.
With this positive mindset I am exploring more growth opportunities with the blockchain and outside.
Please do share your growth strategies with me in the comments below.

Main image generated with AI

Posted Using INLEO