15 Things Rich People Advise But Never Do

1 year ago
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#bookishears
@bookishears
15 Things Rich People Advise But Never Do
Sure, here are 10 things rich people advise but never do:

1. **Live below your means.** Rich people often advise others to live below their means, but they themselves often live lavish lifestyles. For example, Warren Buffett still lives in the same house he bought in 1958 for $31,500.
2. **Save money.** Rich people often advise others to save money, but they themselves often spend a lot of money on luxury goods and experiences. For example, Bill Gates has a private jet and a yacht.
3. **Invest wisely.** Rich people often advise others to invest wisely, but they themselves often make risky investments. For example, Mark Cuban lost millions of dollars investing in the dot-com bubble.
4. **Take calculated risks.** Rich people often advise others to take calculated risks, but they themselves often take big risks. For example, Elon Musk started SpaceX with just $100 million.
5. **Don't be afraid to fail.** Rich people often advise others not to be afraid to fail, but they themselves often have failed multiple times. For example, J.K. Rowling was rejected by 12 publishers before her Harry Potter books were published.
6. **Work hard.** Rich people often advise others to work hard, but they themselves often work long hours and have demanding jobs. For example, Jeff Bezos works 12-hour days and often sleeps in his office.
7. **Be patient.** Rich people often advise others to be patient, but they themselves often achieve success quickly. For example, Mark Zuckerberg started Facebook when he was just 19 years old.
8. **Be persistent.** Rich people often advise others to be persistent, but they themselves often give up easily. For example, Walt Disney was fired from his job at a newspaper because he was told he "lacked imagination and had no good ideas."
9. **Don't compare yourself to others.** Rich people often advise others not to compare themselves to others, but they themselves often compare themselves to other successful people. For example, Steve Jobs was known for being competitive and always trying to outdo his rivals.
10. **Be positive.** Rich people often advise others to be positive, but they themselves often have negative thoughts and feelings. For example, Donald Trump is known for his impulsive and angry outbursts.

It's important to note that these are just generalizations. There are many rich people who do live below their means, save money, invest wisely, and take calculated risks. However, there are also many rich people who don't follow their own advice. Ultimately, it's up to each individual to decide what financial advice they want to follow.

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