Rich vs Wealthy
1) It is interesting to understand the difference between the Rich and the Wealthy
2) Rich & Wealthy both have Money but the Wealthy have much more than money
3) The Rich has a list of WANTS – a great house, a great car, a deep desire to stand out and let others know who he is
4) The Wealthy on the other hand have NEEDS –
Like the NEED ensure that everyone can afford to FLY by offering airplane travel for masses
Like the NEED to ensure everyone has a mobile phone with internet by offering the same at an affordable low cost
Like the NEED to ensure everyone can use the same Shampoo, Soap, Toothpaste, Oil, Honey etc by offering them in sachets
5) The Rich focuses on the SELF; how to amass more money
6) The Wealthy focuses on building an ecosystem that will make several people Rich
7) The Rich focus on high margins ; high fees
8) The Wealthy focus on low margin; low fees and this they do by investing their own money to create a large ecosystem of buyers and focusing on creating volumes
9) The Rich Think only from their Individual Perspective
10) The Wealthy Think from the Perspective of a larger ecosystem. They believe that by doing good they will attract wealth
11) The Rich has a vision limited to millions and billions of rupees or dollars
12) The Wealthy have a vision defined by reaching out and serving millions of customers; providing thousands of jobs; helping the environment become cleaner and healthier, building a better healthcare infrastructure, taking healthcare into villages, building quality senior citizen homes etc
13) The Rich are usually practitioners, senior employees while the Wealthy are usually Entrepreneurs and Industrialists, Social Leaders
14) The Rich are always busy and have no time left for anyone whereas the Wealthy are busy but they are not a slave of time. They have time at their command and choose to spend time in the way they deem fit
15) The Rich are great Professionals while the Wealthy are great Leaders
16) The Rich abhor change and see it as an impediment to their growth while the Wealthy see change as an opportunity to make more positive change
17) The Rich have the Money, Investment, Homes while the Wealthy too may have the same but besides this the wealthy also invest a lot of money in their money in building ecosystems that bring Value to people
18) The Rich has all the Money but is still likely to feel Inadequate
19) The Wealthy too has Money but is more likely to feel Abundant
20) The Rich would be obsessed about the Car that they drive and the Home that they live in while the Wealthy will live well but will not give that much of impotance to having the best
21) The Rich usually focus on Getting first and Giving later while the Wealthy focus on Giving first and Getting later
22) The Rich Understand they need to Work to stay Rich
23) The Wealthy know that their Money needs to work to stay Wealthy
24) The Rich know to make money but may not know how to manage money
24) The Wealthy know how to make and manage money
25) The Rich are Risk Averse and shun taking chances and see them as challenges while the Wealthy have prepared themselves to take chances and see them as opportunities
26) The Rich focus on Building their Personal Brand ONLY whereas the Wealthy focus on building a collective brand that benefits more people
27) The Rich may have high level of Energy whereas the Wealthy besides having High Levels of Energy have the unique Power to Inspire
28) The Rich can Build their Life & the Lives of their families whereas the Wealthy usually change the World
29) The Rich look at Personal Networth whereas the Wealthy focus on the Health of their Companies
30) The Rich would rarely discuss the secrets of their success while the Wealthy would teach their success to the world by writing books, delivering speeches, sharing pod casts and so on
31) The Rich rarely have the Goodwill of people while the Wealthy are abundant with Goodwill of the people
