Why You Aren’t a Millionaire

Why You Aren’t a Millionaire

I started this blog a while back writing mostly about personal finance, while I still enjoy writing about it from time to time I’ve become fascinated with entrepreneurship. It’s so interesting to learn how people become successful doing there own thing, naturally I want the same for myself so I write about it. Anyway, when I first started writing about “gettin’ dat money” people would look at the blog name “I Just Want To Be Wealthy” and literally laugh, like. literally. “LOL.” I’ll be honest a lot of it was just poking fun and messin’ around with me, but at the same time there were legit comments from people saying things likeΒ “yoooo, when you find out how to become a rich, let me know.” Like, passive aggressive-you can’t actually do it, but good luck, comments…Every time, I was like are you for reals?

Well full disclosure I’m still not a “wealthy”…but go ahead and watch me, because that’s all most people are willing to do…WATCH (if you’re reading this then hopefully not you and me though amirite??). Like Post Malone said (Rap/R&B Artist) when asked about his haters on twitter (I’m paraphrasing because it was pretty explicit)…a lot of people want to talk crap about me, but I’m working with one of my idols (Kanye West) while these people are sitting on Twitter.

For me there is no exact “formula” (yes there are different formula”s” but not one specific one) to getting wealthy but there are things that we can do or change in how we live and think to ensure it. To be honest it’s really quite simple but most people don’t want to make these changes…


Hopefully I harped on this one long enough. Your mindset has to change! I mean think about it, if you don’t believe you can become wealthy or live an abundant life then how will you ever do it?

  • Why would you set goals?
  • Why would you put in the work?
  • Why would you think of ideas to earn more money?

Simple, you wouldn’t…

Okay, yeah I admit this might be the “fluffy” part of becoming wealthy. You know the “if you believe you can achieve” stuff, but when there are books on books dedicated to this one subject there might be something there.

Here’s a perfect example, Nathan Latka. Nathan Latka is a 26 year old who runs a top producing podcast called “The Top.” I’ve heard a few interviews of his where he was the one being interviewed, he literally says the same thing every time. He talks about his goals…and maaan has he set some pretty high goals for himself, including…taking a company public by 30 and becoming the President of the United States in 2030. Nathan says that he thinks about it everyday. Then, being bold enough to tell everyone about his goals forces him to accomplish what he says because his ego won’t let him not. He has sort of pigeonholed himself so that if he doesn’t accomplish his goals people will ask him what the heck he was talking about? Then he goes out and works his butt off to make sure those questions won’t be asked. It remains to be seen if he actually accomplishes these goals, but with that kind of thinking even if he fails I guarantee he accomplishes more than most 26-30 year old’s (by the way he has already started and sold a software company, “Heyo”).

There are soooo many books on the mindset of the wealthy. Go to your local library and check a couple of them out. Shake the middle class, mediocre mindset!

  • Think and Grow Rich
  • Secrets of the Millionaire Mind
  • How Rich People Think
  • The Millionaire Mind
  • The Magic of Thinking Big

Make More Money:

I know what you’re thinking to yourself “okay that’s great, duh Mac, give me a break, just make more money huh?” but seriously, figure out a way to make more money. You keep asking “how can I get rich?” Find a mentor, read a book, turn off social media (or turn it on and use it seriously), do what it takes to make more money. You have to want it bad enough. I’m not talking about getting a second job at McDonald’s, I mean find out where and how people are making REAL money and figure it out.

Think about it, what’s the difference between you and big time business moguls or between you and the all-star in your industry? Not much right? They put their pants on one leg at a time just like you. I guarantee all they did was come up with a strategy through a mentor, reading a book, or doing some research and executed. If they “failed” they took it as a learning opportunity and pivoted. My favorite idea comes from Robert Kiyosaki in his book “Rich Dad Poor Dad” where he explains (again paraphrased) instead of saying “I can’t afford it,” you have to think “how can I afford it?”

Here are the books I recommend you read on this subject…

  • Rich Dad Poor Dad
  • The Art of the Start

Go To Work:

In my opinion this is one of the biggest differences between the middle class and the wealthy…ACTION. It’s not that they are smarter or know the right people or started out with more money. I can’t tell you how many times I’ve heard some one in the “middle/lower class” come up with a great idea, the difference…the wealthy execute on those ideas. I think you would have a hard time finding anyone who has become truly wealthy who doesn’t have a great work ethic. You can get the right mindset, even visualize yourself becoming wealthy. Then you can spend hours researching how to become wealthy, but at the end of the day if you don’t put that into action…you will end up in the same spot you started. Time to get your head outta the clouds and work.

Check out this book…

  • Deep Work

I’ll finish my rant with a couple of my favorite quotes from people who are ACTUALLY wealthy.

  • “Middle class is waiting to be rescued from financial mediocrity…world class knows no one is coming to the rescue.” – Steve Siebold, How Rich People Think
  • “Don’t let the opinions of the average man sway you. Dream, and he thinks you’re crazy. Succeed, and he thinks you’re lucky. Acquire wealth, and he thinks you’re greedy. Pay no attention. He simply doesn’t understand.” – Robert G. Allen
  • “Anything can happen, anything can come true, like whatever you want to do in life you really can do it. You just have to manifest it, you have to say it and then do it. You have to be realistic…and I always say realism, persistence, determination, and, ya know…wanting success more than your next breath, that’s like a real thing. It was literally…I can count on a hand…5 years ago I was in Maryland, and I didn’t have anything, and now I’m here and I have everything…I used to work really hard because I had nothing to lose, now I work hard because I have everything to lose…That’s why I’m really blessed that I’m here.” – Logic, Rapper
  • I’ve never really viewed myself as particularly talented I viewed myself as slightly above average in talent and where I excel is ridiculous, sickening work ethic. You know, while the other guy sleepin’…I’m workin’…While the other guy is eatin’…I’m workin’.” -Will Smith, Actor
  • “Middle class believes in financial scarcity, world class believes in financial abundance.” – Steve Siebold, How Rich People Think

I mean to a certain degree I get it, we become products of the environment around us and the experiences we go through. We stop dreaming after the age of like, 12, and sure some of us dream through high school but once “adulting” (I hate that word) hits us our minds stop the creativity because “reality” sets in.

Final Thoughts:

Look if you are okay with working your 9-5, (I haven’t quit mine yet) getting paid, putting some money in your 401k, going on vacation once or twice a year. That’s great, there is absolutely nothing wrong with that, in fact I find it very admirable and personally know some amazing people who go this route (heck you can even become a millionaire doing that). Just don’t come to me with excuses or with this “when you find out how to become a rich, let me know” attitude, because you already know how, you just aren’t willing to put in the sacrifice to do it. If you really don’t know then check out one of the books above and start learning.

QUESTION: What are you doing to become wealthy??

17 thoughts on “Why You Aren’t a Millionaire

  1. People will find an excuse or they’ll find a way. Those that tease or complain about you trying to become wealthy are either cynical or they’ve given up hope themselves and don’t feel that you can be successful in your goals. Getting rich isn’t rocket science, it’s actually pretty simple. There’s 3 simple steps that lead to wealth: (1) spend less than you earn, (2) invest that difference, and (3) eliminate/avoid debt. Of course each step has details that are unique to the individual, but those are the basic steps for becoming wealthy.

    1. Hey thanks for your comment Ty I agree man. I found it super interesting I was getting so many comments like that. Dude I loooove your 3 steps! I guess it’s almost to simple it’s hard to believe πŸ™‚ I think that’s part of changing your mindset too!

  2. OG,

    Great article. The formula for getting rich is simple, but following the formula (discipline) is tough. I’m a big Thomas Stanley fan and haven’t read The Millionaire Mind. If I buy it, I’ll go through your site.

    1. I agree, it is super simple but yes action is the hardest part and like you said not just a one time action but continuing to go through it.

      It’s a good one, similar to “The Millionaire Next Door” but goes more into managing your life based on the lifestyles of millionaires rather than just financial planning. I appreciate it! Thanks for the comment and reading!

  3. Great post. I would say that anyone who gives you the attitude of “let me know when you get lucky and get rich” is identifying themselves as non-players. They don’t get it and you can move on to others. No need to discuss it with them, they will only see your success as luck anyway. We are all surrounded by those people, usually family in my case.

    Find those who “get it” and discuss your dreams, successes, and failures with them. They will be there to cheer you on or help pick up the pieces when you need support.

    1. Thanks for the comment Brian! I agree with you. I guess it’s like they say you become like the 5 people you hang out with most (or something like that). Always want that positivity in your life as well! Thanks for reading πŸ™‚

  4. I really love how you pointed out your dislike for the saying adulting. This saying annoys me so much! Adapting to the mindset of what you want to achieve is most important to actually realizing those dreams! I’m looking forward towards your success!

    1. Haha I’m glad you noticed that. Most words like that I’m okay with but that one just gets to me. Yeah man with out changing your mindset you aren’t going to achieve what you really want out of life simple as that. Thanks I appreciate it! I look forward to yours as well. Thanks for reading Kevin πŸ™‚

  5. Some people can be quite critical, negative and are so sure ideas won’t work, they’re scared to take risks (unless the outcome is guaranteed which isn’t really a risk). It’s worse if these people tag onto your idea, it will slow your success down and be a massive hinderance, it will also drag you down, stay clear and stay strong in your beliefs. Work with positive people who believe in you product, press forward, learn from mistakes and don’t look back. Criticism is good, it has a place, but not constantly when repetitive and given by the same people. Distance yourself from these people & those who seem to be the font of all knowledge but never actually achieve anything and complain when others do. Some people are good at giving ideas THEY are sure will work if YOU do the work for them while they sit back and watch or dictate, or once the risk factor has been removed from an idea and they see success they suddenly and want in! Amazing that, I wonder why??? If you believe in your venture you will be successful, you only get out what you put in. Positive mindset is the key and standing strong against negativity. Hard work pays off. It doesn’t happen overnight which many people fail to realise, it’s easy to just see the end result and conclude you’ve been “Lucky” so annoying. It takes years! Great blog by the way. Interesting stuff.

    1. Wooowww Kath! Great comment, this might be better than my actual post! Looks like I have some competition πŸ˜‰ couldn’t have said it better myself. I agree 100% with everything you just said. Thanks for the words of encouragement and advice and thanks for reading! Love it!!

  6. LOVE this post. I agree completely. I always say I KNOW I’m going to be a millionaire by 30. I also know that many people don’t believe me, but I believe in myself. I can’t stand it when people make those remarks about your dreams, they’re just trapped in the thoughts that our society has molded. Definitely going to read the books you shared (Think and Grow Rich is one of my favs). Great post and good luck, keep putting in work πŸ™‚

    1. Thanks for reading Leila! πŸ™‚ It’s crazy isn’t it? What people think. That’s awesome, half the battle is putting yourself and your goals out there! Thanks for the kind words, good luck to you as well! See you at the top πŸ™‚

  7. Beautifully written. I really loved each quote and helping people understand that it’s all about action. This post fit perfect with my thoughts and actions lately. This week has been a rather crazy week. One calculus exam (took me 4 hours), one stat probability exam (2 Hours), and one stat regression exam (2 hours), along with regular assignments for each class and three other classes. On top of that, I’ve worked. Am I crazy? Yes. Am I tired? Hell yes. (Not complaining, just stating the facts) But my wife frequently texts me when I’m feeling down or wanting to give up and do something else, “Don’t give your Dream, you need to believe!” I immediately remember, people naturally do not want to do hard things! The only quote I would add to this post is my favorite quote:
    “Life begins at the end of your comfort zone”
    -Neale Donald Walsch

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