Middle Class vs Wealthy Class

by Kun Luf on January 19, 2011

The MCWB Club was established to dismantle the obstacles that keep the middle class in a rut (or worse still, prison or slavery) – when you join this club, the power of a focused, accountable group is unleashed by you (and other middle class group members) for you (and other middle class group members).

The next 10 points below are gleaned from Keith Cameron Smith‘s book – “The Top Ten Distinctions Between Millionaires and the Middle Class”.

1. Millionaires think long-term.  The middle class thinks short term.

2. Millionaires talk about ideas.  The middle class talks about things and other people. [Facebook and Twitter come to mind]

3. Millionaires embrace change. The middle class is threatened by change. [Only if you don’t take advantage of a platform like the MCWB Club]

4. Millionaires take calculated risks.  The middle class is afraid to take risks.

5. Millionaires continually learn and grow.  The middle class thinks learning ended with school.

6. Millionaires work for profits. The middle class works for wages. [The MCWB Club will change that for members]

7. Millionaires believe they must be generous.  The middle class believes it can’t afford to give.

8. Millionaires have multiple sources of income. The middle class has only one or two.

9. Millionaires focus on increasing their net worth.  The middle class focuses on increasing their pay.

10. Millionaires ask themselves empowering questions. The middle-class asks themselves dis-empowering questions.

When all is said and done, none of these handicaps will be able to keep MCWB Club members down.

Furthermore, Steve Siebold, in his book – “How Rich People Think“, harped on the points below. Many regular MCFs (Middle Class Folks) would read some of these points and just roll their eyes (because there are many advantages rich folks take for granted that are unavailable to the middle class) – what’s encouraging is that the MCWB Club has leveled the playing field so that MCFs can play on the same turf (field), by the same rules, with access to the same resources, talent and expertise as rich folks.

1. Middle class focuses on saving… World class focuses on earning

2. Middle class thinks about money in linear terms… World class thinks about money in non-linear terms

3. Middle class believes hard work creates wealth … World class believes leverage creates wealth

4. Middle class believes money is the root of all evil … World class believes poverty is the root of all evil

5. Middle class believes being rich is a privilege … World class believes being rich is a right

The moral of the foregoing is that rich folks are not more intelligent or otherwise superior to ‘everyone else’, many of them have had (and seized) advantages of birth, time, place, position and so on. The formation of the MCWB Club has now provided a level playing field for ‘everyone else’ – unfortunately, not all will benefit, only those who act on the knowledge and seize the opportunities provided by this platform .

Will you be one of the ‘lucky few’?

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