this article is all about An investment mentality, I would like to begin this article by sharing a story about a taxi driver, as recounted by Harvey Mackay, who had an encounter with an exceptional cab driver known as the “Eagle Cab Driver.”AN INVESTMENT MENTALITY

While waiting for a ride at the airport, Harvey observed a taxi that had just arrived. The first thing that caught his attention was the cab’s immaculate shine. The driver, dressed in a crisp white shirt, a black tie, and neatly pressed black trousers, exited the vehicle and promptly opened the back passenger door for Harvey. He then presented Harvey with a laminated card, introducing himself:

“I’m Wally, your driver. As I load your bags into the trunk, I invite you to read my mission statement.”

Wally’s Mission Statement:
“To transport my customers to their destinations in the quickest, safest, and most economical manner, all within a friendly atmosphere.”

Harvey was thoroughly impressed, especially when he noticed that the interior of the cab was just as pristine as the exterior.

Once Wally settled into the driver’s seat, he inquired, “Would you like a cup of coffee? I have regular and decaf in a thermos.”

Harvey replied, “I would prefer a soft drink.”

Wally responded with a smile, “No problem. I have a cooler in the front with regular Diet Coke, water, and orange juice.” Almost hesitantly, Harvey said, “I’ll take a Diet Coke.”

As Wally handed him the drink, he added, “If you’d like something to read, I have The Wall Street Journal, Time, Sports Illustrated, and USA Today.” As they began their journey, Wally provided Harvey with another laminated card detailing the radio stations he could access and the music they played.

In addition to these thoughtful gestures, Wally informed Harvey that the air conditioning was on and asked if the temperature was to his liking. He also suggested the best route to take at that time of day and offered to share information about local sights or, if preferred, to allow Harvey some quiet time for reflection.

Curious, Harvey asked Wally, “Have you always provided such exceptional services?. Let me end there, and begin the real topic, below are the mindset of the people that brings so much limitations

THE TOXIC MENTALITY 

1. Nomadic Mentality  

The first toxic mindset that doesn’t like investment, and needs to be eliminated is the Nomadic Mentality. This way of thinking is the driving force behind the transient lifestyles that some individuals adopt. Similar to nomads who lack a permanent residence, those with a nomadic mentality frequently move from:  

Location to location  

Church to church  

Business to business, etc., without any clear focus or consistency of making investment.  

They exhibit a lack of perseverance, failing to commit to a single endeavor until it yields results. Nomads are wanderers who do not have plans to establish roots. Their behavior consists of depleting the resources available in one place before moving on to the next.  

Two Key Traits of Nomads are:  

– No Permanent Residence: They do not have a stable address and continuously roam from one location to another.  

– Consuming Rather Than Producing: They consume everything in their path without contributing or creating anything of their own.  

To cultivate an investment mindset and build wealth, it is essential to eliminate the nomadic mentality and avoid becoming a jack-of-all-trades yet master of none.

2. Consumer Mentality  

The second toxic mindset that also doesnt like investment must be addressed is the Consumer Mentality. Engaging in constant consumption without any production is a significant mistake, as many individuals spend their entire lives consuming everything they earn without making provisions for savings or investments. Living solely on consumption without saving or investing is imprudent and leads to poverty and scarcity.  

Rather than adopting a reckless spending lifestyle, it is crucial for everyone to save at least 10-20% of their income. Establishing a culture of saving and investing is essential for anyone aspiring to create wealth.  

Avoid consuming all that you earn to secure your future and prevent financial embarrassment. You may have encountered the term “Third World Nation.” Why are certain countries labeled as such? Did the Creator establish three distinct worlds? Are there Fourth World Nations, and so on?  

The designation “Third World Nation” primarily refers to consumer nations that have not reached their full developmental potential. They tend to consume more than they produce.

Entitlement Mentality  

The third detrimental mindset that must be eliminated is the Victim and Entitlement Mentality. This perspective is characterized by a constant sense of victimization and marginalization, coupled with the belief that others owe you something. It is essential to recognize that no one can cause your failure without your consent; what you accept or allow is what you will experience. This mindset is often marked by excuses and the tendency to shift blame. Remarkably, for every excuse you present, there are countless individuals facing more challenging situations who have succeeded. A victim mentality will keep you stagnant until you actively work to eliminate it.  

Salary Mentality  

The fourth harmful mindset that needs to be addressed is the Civil Service, Salary, or Wage Mentality. Many individuals remain trapped in poverty because they rely on their boss, employer, government, or salary to achieve wealth—it’s time to awaken to reality! the boss is not your primary source of income; they are merely a resource. A job is not your ultimate source; it is just a resource. An employer is not a source; they are a resource. A salary is not your source; it is simply a resource. The government is not responsible for your wealth; it is meant to create a conducive environment for your success, while your employer provides a salary that should be viewed as a seed for investment and wealth generation.  

Conclusion

What truly matters is not how much you earn, but how you utilize your earnings. By making wise decisions with your income, you can transform your circumstances. It is crucial to transition from a salary mentality to an income mentality. This shift in mindset allows you to understand the distinction between being a salary earner and an income earner. Income is not static; it fluctuates over time. You have the power to influence your income level. It can grow exponentially without being constrained by others, and it can be generated regardless of your active labor, as the system functions independently.

For any questions and free consultations leave a comment below in the comment section i will be glad  to here from you’

For articles like this visit my website @ tomsonchilyobwe.com

Or email me on tomsom651@gmai.com

Find here attached below useful blogs 

What is money?

How to save money

For those that love passive income here is Honeygain sign up and leave a comment i will give you a secret to quickly increase your earnings

I would like to begin this article by sharing a story about a taxi driver, as recounted by Harvey Mackay, who had an encounter with an exceptional cab driver known as the “Eagle Cab Driver.”AN INVESTMENT MENTALITY

While waiting for a ride at the airport, Harvey observed a taxi that had just arrived. The first thing that caught his attention was the cab’s immaculate shine. The driver, dressed in a crisp white shirt, a black tie, and neatly pressed black trousers, exited the vehicle and promptly opened the back passenger door for Harvey. He then presented Harvey with a laminated card, introducing himself:

“I’m Wally, your driver. As I load your bags into the trunk, I invite you to read my mission statement.”

Wally’s Mission Statement:
“To transport my customers to their destinations in the quickest, safest, and most economical manner, all within a friendly atmosphere.”

Harvey was thoroughly impressed, especially when he noticed that the interior of the cab was just as pristine as the exterior.

Once Wally settled into the driver’s seat, he inquired, “Would you like a cup of coffee? I have regular and decaf in a thermos.”

Harvey replied, “I would prefer a soft drink.”

Wally responded with a smile, “No problem. I have a cooler in the front with regular Diet Coke, water, and orange juice.” Almost hesitantly, Harvey said, “I’ll take a Diet Coke.”

As Wally handed him the drink, he added, “If you’d like something to read, I have The Wall Street Journal, Time, Sports Illustrated, and USA Today.” As they began their journey, Wally provided Harvey with another laminated card detailing the radio stations he could access and the music they played.

In addition to these thoughtful gestures, Wally informed Harvey that the air conditioning was on and asked if the temperature was to his liking. He also suggested the best route to take at that time of day and offered to share information about local sights or, if preferred, to allow Harvey some quiet time for reflection.

Curious, Harvey asked Wally, “Have you always provided such exceptional services?. Let me end there, and begin the real topic, below are the mindset of the people that brings so much limitations.

we call this type of mentality as toxic because it is poisonous in nature

THE TOXIC MENTALITY 

1. Nomadic Mentality  

The first toxic mindset that needs to be eliminated is the Nomadic Mentality. This way of thinking is the driving force behind the transient lifestyles that some individuals adopt. Similar to nomads who lack a permanent residence, those with a nomadic mentality frequently move from:  

Location to location  

Church to church  

Business to business, etc., without any clear focus or consistency.  

They exhibit a lack of perseverance, failing to commit to a single endeavor until it yields results. Nomads are wanderers who do not have plans to establish roots. Their behavior consists of depleting the resources available in one place before moving on to the next.  

Two Key Traits of Nomads are:  

– No Permanent Residence: They do not have a stable address and continuously roam from one location to another.  

– Consuming Rather Than Producing: They consume everything in their path without contributing or creating anything of their own.  

To cultivate an investment mindset and build wealth, it is essential to eliminate the nomadic mentality and avoid becoming a jack-of-all-trades yet master of none.

2. Consumer Mentality  

The second toxic mindset that must be addressed is the Consumer Mentality. Engaging in constant consumption without any production is a significant mistake, as many individuals spend their entire lives consuming everything they earn without making provisions for savings or investments. Living solely on consumption without saving or investing is imprudent and leads to poverty and scarcity.  

Rather than adopting a reckless spending lifestyle, it is crucial for everyone to save at least 10-20% of their income. Establishing a culture of saving and investing is essential for anyone aspiring to create wealth.  

Avoid consuming all that you earn to secure your future and prevent financial embarrassment. You may have encountered the term “Third World Nation.” Why are certain countries labeled as such? Did the Creator establish three distinct worlds? Are there Fourth World Nations, and so on?  

The designation “Third World Nation” primarily refers to consumer nations that have not reached their full developmental potential. They tend to consume more than they produce.

Entitlement Mentality  

The third detrimental mindset that must be eliminated is the Victim and Entitlement Mentality. This perspective is characterized by a constant sense of victimization and marginalization, coupled with the belief that others owe you something. It is essential to recognize that no one can cause your failure without your consent; what you accept or allow is what you will experience. This mindset is often marked by excuses and the tendency to shift blame. Remarkably, for every excuse you present, there are countless individuals facing more challenging situations who have succeeded. A victim mentality will keep you stagnant until you actively work to eliminate it.  

Salary Mentality  

The fourth harmful mindset that needs to be addressed is the Civil Service, Salary, or Wage Mentality. Many individuals remain trapped in poverty because they rely on their boss, employer, government, or salary to achieve wealth—it’s time to awaken to reality! You need to know that the boss is not your primary source of income; they are merely a resource. A job is not your ultimate source; it is just a resource. Your employer is not your source; they are a resource. Your salary is not your source; it is simply a resource. The government is not responsible for your wealth; it is meant to create a conducive environment for your success, while your employer provides a salary that should be viewed as a seed for investment and wealth generation.  

Conclusion

What truly matters to make an investment is not how much you earn, but how you utilize your earnings. By making wise decisions with your income, you can transform your circumstances. It is crucial to transition from a salary mentality to an investment mentality. This shift in mindset allows you to understand the distinction between being a salary earner and an income earner. Income is not static; it fluctuates over time. You have the power to influence your income level. It can grow exponentially without being constrained by others, and it can be generated regardless of your active labor, as the system functions independently.

For any questions and free consultations leave a comment below in the comment section i will be glad  to here from you’

For articles like this visit my website @ tomsonchilyobwe.com

Or email me on tomsom651@gmai.com

Find here attached below useful blogs 

What is money?

How to save money

how to monetize a blog website by john francis

For those that love passive income here is Honeygain sign up and leave a comment In the comment section below it will help you to make an investment plan will give you a secret to quickly increase your earnings