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Why The Rich Get Richer


by Mike Litman

I thought to myself, 'Wow, that is amazing. If you're not 'minding your own business' you're going to be in big trouble.'

Let me tell you what I heard this morning and why it's important to you.

I was eating breakfast this morning and had the TV on in the background.

There was a news show on and the host was talking about the middle class getting beat up.

The TV host says, 'Listen to this startling fact about the distribution of wealth in America in the last 15 years.'

He continues, 'In 1990, the individuals that made up the top 1% in the country, earned 15% of all income.'

I said to myself, 'That's incredible', until I heard this from him.'

'In 2007, the top 1% individuals earn 22% of the TOTAL income in America.'

I stopped eating and I was completely focused on what he was saying.

I thought to myself, 'Could you believe that? 22% of all the income is earned by 1% of the population. That is wild.'

The TV host continued, 'The middle class is getting hurt in many ways, excessive taxation and other policies of the government.'

Here's the bottom line.

He's right.

I said to myself, 'How are these 1% of people thinking, what are they doing, to control 22% of the income in America?'

This question can be answered for hours, but let me share this with you.

'Mind your own business'.

Work on yourself.

Turn a hobby into a part time business. Remember, you get so many tax advantages just by operating a business.

Every time you turn on the TV you hear about how the middle class is being hurt.

'Mike, so what's the answer?'

***Get out of the middle class and move up the income ladder.

Improve your entrepreneurial and marketing education.

The game is set up for you to lose. School didn't teach you how to 'mind you own business'.

Your boss and manager didn't teach you.

The system wants you to be ignorant.

That's how they take advantage of you.

In my opinion, here's the FIRST step to not be taken advantage of.

TIME.

'Mike, what do you mean?'

The people in power have INVESTED the time to learn the game of money.

The middle class hasn't.

Invest 1-3 hours a week (or more) in your entrepreneurial education.

Learn how to market, how to sell, how to think like an entrepreneur.

Every time I've been taken advantage of by 'experts' is because I wasn't educated in the topic, has that ever happened to you?

You win through education. You win through ACTION.

The 1% understand the game and are winning at a big level, are you?

The middle class is going to continue shrinking.

Will you be caught in its trap or will you make your move?

Your Coach,

Mike

P.S. The 1% make money 24/7. They understand how to set up systems to work for them, so they don't have to work so hard.

We know they love what they do. I've shown many people how to detect what you love to do and turn it into a profitable home based business.


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          Mike Litman

Mike Litman is the co-author of the #1 Best-selling book Conversations with Millionaires: What Millionaires Do to Get Rich, That You Never Learned About in School!

Over the last 3 years, Mike has unleashed the greatness of tens of thousands of people worldwide. Networking Times Magazine called Mike Litman “a modern day Napoleon Hill” and at the age of 30 he’s already shared the stage with well-known speakers such as Mark Victor Hansen and Bob Proctor.

Mike Litman CD :
Free "Greatness Held Hostage"mentoring program

Also see list of Mike Litman articles

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In one of his newsletters, Mike Litman wrote: "Napoleon Hill was an amazing author. I'm a huge fan of his work; everyone should own a copy of Think and Grow Rich."

Think and Grow Rich, by Napoleon Hill [book]
Think and Grow Rich, by Napoleon Hill [CD set]
The Science of Personal Achievement, by Napoleon Hill [CD set]

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  related Talent Development Resources pages :

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