video, you are going to learn that if a person becomes rich, then why does he become rich? And why are rich people becoming rich? And why are poor people becoming poor? So if you want to know how you can also become rich, how
can you be financially free? So before starting this video, let me tell you that if you learn the knowledge that you
are going to get today and if you follow it, then you will be financially free. And this is a very big statement because the knowledge that
I will share with you today, most people do not know these things. So why are rich people rich? Why are poor people poor? There are many reasons for this and I can teach you not a day but a year on how to become rich.
But today I will try my best to tell you the things that you did not know and today you will see the exact calculations that why a rich man is increasing so fast. So your mind is going to be a little dizzy. So we will move forward step by step. I have to teach you a lot of things. In fact, I will give you some comparisons that how can you
move ahead of the people around you, your circle, in terms of wealth creation. You can go ahead in earning money.
So we will learn a lot of things. Let’s start now. A man is poor. I tell you first that he is not poor because of money.
It is because of his mindset and the whole game is of mindset. Now you may have heard this statement before, but let me
tell you what I mean by this mindset. What I mean by this mindset is that a man is poor, what does he think.
Let’s assume that he earns Rs 25,000 a month. So he earns Rs 25,000.
what does he think? what is his thinking? His thinking is that I will work hard. I will work harder. I will get a promotion. I will reach Rs 30,000 a month. I will reach Rs 30,000 to Rs 50,000 a month and I will
reach Rs 100,000 to Rs 50,000 a month. He is thinking very well. Now, during this time, when his income increases, what does
he increase along with that, he increases his liabilities. Now you will also know about assets and liabilities, but
still I will tell you that liabilities means he increases expenses. When he is getting income of Rs 25,000, he buys a mobile
phone. He gets a new AC installed in the house. He renovates his house. He does a lot of work and ideally most people do this.
Now there is nothing wrong in this, but there is nothing like becoming rich in this.
Becoming rich and becoming financially free means that your expenses today, in fact, the expenses that will be after 10
years from today, become the source of income for that. How will the money come? Now most people think in this way,
especially those who talk about middle class families, their cycle is like this, but what is the cycle of rich
people and how they are moving forward, they will calculate it very well and here I will also tell you that if a person
is at Rs 25,000 or Rs 10,000 or Rs 15,000 a month, then how will he come in this category.
How will the shift from here to here happen? So what is the mindset of a rich man? what does he do? The first thing is
that most of the rich people have a good source of income or they have money or they do not run after the expense of
money. What I mean to say is that they do not trade time with money.
In fact, they buy time. There are many rules, so I will try that you get to learn
as much as possible in less time. Time is equal to money. These people know, but what do they do? They do not trade it. If a man does a 9-hour job and he is taking Rs 25,000 in
return, then he is doing exactly the same thing that he is trading time to earn money.
But what does a rich man do in that 9 hours? He hires 10 people with Rs 25,000 under him and let’s assume that he
earns Rs 2.5 lakhs a month. Sorry, he pays Rs 2.5 lakhs. Now if a man gives someone a salary of Rs 25,000, then he
will earn at least Rs 25,000. So if he does this, then he earns Rs 2.5 lakhs in this way.
If he is giving Rs 25,000 to someone, I am giving an example and in fact if someone is giving Rs 25,000, then he will not earn only Rs 25,000, he will earn more. So he can
earn anything from Rs 2.5 lakhs to Rs 5 lakhs to Rs 10 lakhs.
So now the rich people understand that time is not equal to money. Actually, we do not have to trade time.
To earn money, we have to understand the concept of time multiplication that we all have 24 hours, but in these 24
hours, what a poor man will do, he will trade his time, but a rich man does not do this.
Let’s move forward, I have to teach you a lot of things. Now let’s understand a little more difference.
Alright, let’s come back to this again, poor and rich.
So now what does a poor man do? Let’s assume that a poor
man is earning Rs 25,000 and he spends Rs 25,000, then he has zero savings.
Because he is poor for this reason, zero savings and if there is a little saving, then he does not know how to
increase it. Even if he saves Rs 5,000 from this, then he keeps Rs 5,000 with him, his money does not grow.