Monday, April 20, 2015

The attitude adjustment that leads to entreprenurial success

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This question originally appeared on Quora.

What are some of the habits entrepreneurs have that other people don't?

Answer below by Quora user Oliver Emberton, founder of Silktide.

Most people spend their money to get the most utility — fun, food, whatever. Entrepreneurs spend their money to make the most money.

This one habit pretty much accounts for everything, and it's a big reason why the rich get richer, and the poor stay poor

EntrepreneurMindset

Image: Quora

Consider the average lottery winner: Most end up blowing their multi-million earnings in a few years because their mindset is to spend everything they have on the most utility. When most people buy a house, they get the biggest they can afford. If they get a pay raise, they go out and buy a new car. And when that's not enough, they take out credit to buy more stuff. Read more...

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