Why the Rich Get Richer

Hello, my friends, Richmond Dinh here, CEO and founder of Bamboo Coaching, and I help people build the traits and the habits of highly successful people so they can make more money. Now, today I'm going to talk to you about why the rich get richer and the poor get poorer. And I'm going to explain it using the success cycle. Now, all the results you have in your life right now, whether it's in your health, your career, your finances, your relationships, all the achievements and results you have, if is preceded by you taking some form of action to attain that result. Now, the law of attraction is bullshit. It doesn't work because eventually you got to get off your ass and do something and take action to make your dreams come true. Now, all your actions are preceded by you making a decision.

To take action. Now, you have to decide on two things. First of all, you have to decide whether or not you're going to take action. The second decision you have to make is if you do take action, what action are you going to take? Are you going to eat the banana, eat the apple, drink the coffee? Work out or not work out? Buy that property or not that property? Buy which property? Which action are you going to take to get that result? Now, all your decisions that you make are proceeded from, from your emotions, particularly your emotional states. We all make decisions based on our emotions. Now, some of you might be thinking, no, I don't. I make decisions based on logic. But even when you make decisions based on logic, you're basing on a feeling of certainty that that decision is going to be correct, or feeling of confidence or faith or certainty, like I said again, that that decision is right. So you're still basing on an emotion called certainty. Now, all your emotions are derived from.

Your beliefs.

The stories you tell yourself, your thoughts, your way of thinking, the narrative inside your head. All your beliefs control your emotions. I'll give you an example. If you have this belief, or if you're telling yourself that I'm good enough, I'm smart enough, I can do it, I will find a way, it will be okay. That sort of story, if you're telling yourself that story, guess what emotion you generate. You generate an emotion with confidence, of faith, of certainty, of passion, of excitement, of whatever it is that positive emotion you create from that belief. Then you make a positive decision to take positive action to create positive results. The positive results reinforces your beliefs. Now, you got references on why that belief is true. And now you say to yourself, see, I told you it could work. See, I told you I was good. Enough. See I told you I was smart enough. See I told you that we could do it this way. Suddenly you have stronger beliefs. You get more confidence, more faith, more courage, more persistence, more proactiveness, more motivation, more whatever it is to create better decisions, better actions or more actions or more positive actions to create better results. Re enhances your beliefs again. They become stronger. This whole thing becomes stronger. That's why the rich get richer. Now if you have a belief that you can't do it, or there isn't a way, or I'm scared, or I'm worried about failing, or there is no way, or it's not possible, I'm not good enough, I'm not smart enough. Whatever that stuff, story or thought pattern you have in your mind, guess what happens. You generate an emotion called fear, stress, overwhelm, anxiety, tension, whatever you want to call it that leads you making poor decisions to take poor actions or even worse, no action because you procrastinate, you lead to no results or poor results. It further enhances your beliefs that say, see, I told you I wasn't good. See I told you I wasn't smart enough. Seer told you that it wasn't possible. See I told you there was no way. Those beliefs lead to more emotions of fear, stress, worry, doubt, whatever it is, make poorer decisions, poorer actions, poor results, keeps on feeding back. That's why the poor get poorer. But it all starts with.

Your beliefs. Now watch this. Your current financial situation, how much money you have in your bank, how much you currently earn, your current net worth is a direct reflection of your story and your beliefs and your narratives and your relationship to this thing called money. Think and Grow Rich is the highest set wealth creation book of all time. Over 100 million copies sold. Written in the 1920s, published in the 1930s, over 100 million copies sold. Think and Grow Rich. Why is it the best selling book of all time? Because it all starts with your thinking around money. Now when I got this, when I realized this aha moment and changed my thinking to this thing called money. I went from zero to seven properties in under four years. I have a $2 million property portfolio. I went from $80,000 a year in income to over $400,000 in under 12 months. And also I built a highly profitable six figure coaching business in under 12 months. More than that, I helped my clients achieve anywhere between a 30 to 200% increase in the income in under 12 months. All by changing their beliefs around this thing called money. Now, very shortly I'm going to be doing a seminar, my Millionaire Wealth Habit Seminar, where I'll be talking about this very thing, your story, your relationship, your narrative, your beliefs around this thing called money. Because when you change that, you change the results financially. That's the whole game. If you want to come, hit the link above. All the details are there. Make sure you register asap. In fact, do it right now before tickets sell out. If you want to know more, shoot me a pm. Write in the comment box below, but make sure you register as soon as you can. That's it for now. As always, it's Richmond Dinh here. I wish you an awesome, awesome, awesome, amazing day and I look forward to seeing you at my event. Very, very short.