If you rich you will be poor If you poor you can be rich

[justdimin]

It is true that many ideas must be thought of in developing a business, in all conditions it is necessary to adjust according to the circumstances, that is how to survive in a business that is built in economic uncertainty, yes it is difficult but poor people it may be even more difficult to survive in conditions like this even though there is hard work that they do.

So that those people who are involved in a business must have creativity to manage their business. They must find out how to survive for ther business in any circumstances so when they can have many ideas for their business and do that one by one, they will not face a problem. They will have more chances to grow their business and slowly they will see how good the result from what they do. They don't have to feels that is difficult because that will depends on how they can react with the current situation so they can still runs their business. When poor people can do many things that they can, they will have a chance to have a better life and will not face a financial problem. They will have more opportunities to earn money so if they consistent and serious with what they do, they will make more money which can help them to have a better life.

Poor people ending up working hard and waiting for it long term, they will face stuff that will not be all that complicated and we should be able to see a better return without a doubt. I think the best way to move forward with it would be just arranging a situation where things will be simpler.

I believe the best thing to do would be just focusing on how you could grow and if you could keep growing then you are going to end up with a good return without a doubt. I know that this is a tough thing because it takes a lot of effort and time, but you can do it. Not everyone starts a business and profits right away, and when you tell someone "you will spend 2 hours a day, everyday, for 2 years, and in return you will either make money or not" then people won't do it.

[lizarder]

It seems like this is just incomplete, such as for example rich people will continue to increase their words or can become poor, and poor people will continue to be poor, but they have the opportunity to become rich. Well, maybe we can accept that more, because there are 2 opportunities that can happen, the first is the good side and the second is the bad side.  

Those who are rich have a greater opportunity to increase their wealth and that is real in today's life. Rich people like to see opportunities and they understand the level of intelligence in making money, although sometimes they do negative things that most people understand are the wrong way. But when talking about making money, no one considers negative or positive because they are pursuing wealth.

I also have the same opinion as you, that many rich people are also getting richer, they can easily get additional wealth because their capital is very supportive. However, those who become poor because they cannot manage it very well so that it makes them have to fall from the wealth they have.

The most important thing is not to go against the applicable law, so whether people think negatively or not is another matter. While poor people do not have the opportunity to make more money because they are limited in capital and experience in making more money. That is why it is important to have capital and experience in creating financial freedom to be better and rich people have everything they need.

[pusaka]

It seems like this is just incomplete, such as for example rich people will continue to increase their words or can become poor, and poor people will continue to be poor, but they have the opportunity to become rich. Well, maybe we can accept that more, because there are 2 opportunities that can happen, the first is the good side and the second is the bad side.  

Those who are rich have a greater opportunity to increase their wealth and that is real in today's life. Rich people like to see opportunities and they understand the level of intelligence in making money, although sometimes they do negative things that most people understand are the wrong way. But when talking about making money, no one considers negative or positive because they are pursuing wealth.

Yes, I think I can't say it's wrong, because in reality we have also seen many rich people getting richer. But what I mean in the context where the op said something that was only seen from one angle, also did not provide a view from another angle so I just complemented what had been said.
What I mean by saying the good side and the bad side is to see from 2 points of view or 2 possibilities that occur, it could be better or vice versa. It's just that I didn't discuss it in more detail in the previous post.

I also have the same opinion as you, that many rich people are also getting richer, they can easily get additional wealth because their capital is very supportive. However, those who become poor because they cannot manage it very well so that it makes them have to fall from the wealth they have.

The most important thing is not to go against the applicable law, so whether people think negatively or not is another matter. While poor people do not have the opportunity to make more money because they are limited in capital and experience in making more money. That is why it is important to have capital and experience in creating financial freedom to be better and rich people have everything they need.

That's where the problem lies, the poor cannot freely do what they plan, because they have limitations. Sometimes having an idea is not enough if we have capital, it requires other ways to execute it, for example offering a collaboration idea to someone who has capital. However, it will also take a long time, because other people will not be immediately tempted, they must have skills in communicating and also presenting the ideas that will be offered. On the other hand, people who have capital will be freer even though they do not have an idea, because they can imitate and modify ideas from other people or businesses that they see in the field. It is true when someone says that rich people have many privileges.

[fullhdpixel]

Those who are rich have a greater opportunity to increase their wealth and that is real in today's life. Rich people like to see opportunities and they understand the level of intelligence in making money, although sometimes they do negative things that most people understand are the wrong way. But when talking about making money, no one considers negative or positive because they are pursuing wealth.

Yes, I think I can't say it's wrong, because in reality we have also seen many rich people getting richer. But what I mean in the context where the op said something that was only seen from one angle, also did not provide a view from another angle so I just complemented what had been said.
What I mean by saying the good side and the bad side is to see from 2 points of view or 2 possibilities that occur, it could be better or vice versa. It's just that I didn't discuss it in more detail in the previous post.

Probability and possibility isn't the same. The possibility of a very rich person becoming poor is real, of course it's real, you can get poorer, but probability is lower. How many people in the world had a 1+ billion dollars networth, and became poor? Like ended up with under 1 million dollars networth by their death? I can tell you that not a lot, so that means if you are rich enough, you will never be "poor", you could be less rich, but never poor.

This is why I think we should be looking into this as something that will take a while and we can't really ignore any of these. I believe that we are going to see this thing changing for the long term and because of that we can't make that much profit with what we have at the moment.

[el kaka22]

Recovering from bankruptcy is easier for rich people, they have what it takes to do it. Not that all of them does it, some just go from rich to poor and stay there. But, there are plenty of people who went from rich to poor to back to rich.

Usually when you are rich, there are too many banks giving you credit line, and too many companies giving you time, so you end up recovering faster, even when you should be bankrupting, that would be bad for business for plenty of people, so they end up giving you more time and chances to recover and fix your business, which works for many people.

I believe this is going to be the best case situation and I do not think that it will change much in the end neither. We need to just recover as best as we possibly could. Finding what we have isn't easy and things do take a while to recover in that case, so having a harder time isn't always that great, and we need to figure out how to get better results as poor people because there are no people around to help us like that.

[alastantiger]

Probability and possibility isn't the same. The possibility of a very rich person becoming poor is real, of course it's real, you can get poorer, but probability is lower. How many people in the world had a 1+ billion dollars networth, and became poor? Like ended up with under 1 million dollars networth by their death? I can tell you that not a lot, so that means if you are rich enough, you will never be "poor", you could be less rich, but never poor.

Before anyone can get rich, he would have planned his life to that point apart from people that win the lottery or got some quick money through scamming or other illegal ways. The ones that merit the wealth had a plan that they followed and the plan will involve having different investments that they got through diversification. With diversification, they can't go broke that quickly, they might lose some amount of money but they'll be able to recover with the other business or investment that they own. The possibility of a poor man getting rich should be higher than the possibility of a rich man going broke. The rich have well planned life and will not take risk that can make them lose all their wealth. Any rich man that lost everything out of no where would be lying and only filing for bankruptcy as cover up, in trying to avoid the federal government investigation into their wealth.

[Yatsan]

Probability and possibility isn't the same. The possibility of a very rich person becoming poor is real, of course it's real, you can get poorer, but probability is lower. How many people in the world had a 1+ billion dollars networth, and became poor? Like ended up with under 1 million dollars networth by their death? I can tell you that not a lot, so that means if you are rich enough, you will never be "poor", you could be less rich, but never poor.

Before anyone can get rich, he would have planned his life to that point apart from people that win the lottery or got some quick money through scamming or other illegal ways. The ones that merit the wealth had a plan that they followed and the plan will involve having different investments that they got through diversification. With diversification, they can't go broke that quickly, they might lose some amount of money but they'll be able to recover with the other business or investment that they own. The possibility of a poor man getting rich should be higher than the possibility of a rich man going broke. The rich have well planned life and will not take risk that can make them lose all their wealth. Any rich man that lost everything out of no where would be lying and only filing for bankruptcy as cover up, in trying to avoid the federal government investigation into their wealth.

If we're just talking about probability then for sure there is a tendency for a rich man to become poor especially if he will be using his wealth to things that won't generate money or to extend it. No amount of money is enough if your lifestyle is just continuously increasing because eventually everything will be consumed or outnumbered by your expenses. Point of view is respected but I think rich people are least likely to be poor atleast in most instances. As you've mentioned their lives are already planned and supported by generational wealth and that means it won't revolve solely with business but also assets that increases its value in the long run which will help them sustain their wealth or slow down their transition to poverty.

On the other hand, not all hard working poor individuals are succeeding in real life. Check on most of the farmers (except for farm owners); we can't deny that they're really working hard to make a living. Even if their children finishes studying, that won't guarantee wealth. Wealth doesn't only mean you can buy the things that you want. You could live a better life through hardwork and perseverance but wealth is on another level (yes we do have our own definition of wealth but atleast in this context).

[beerlover]

What I know is that there are rich people who suffered because of the trials that went through their lives and eventually recovered and returned to being rich and even richer.
Because I have read proverbs that the rich will get richer and the poor will get poorer.

So that means there are poor people who worked hard in life and became rich, and when they got rich they got even richer. There are also people who suddenly became rich because they hit the jackpot in the lottery or in gambling, then in a short period of time because they were careless about their wealth won the lottery, then it became difficult again because they didn't become wise in handling wealth or money.

That is definitely true for a lot of rich people, not every rich person became rich on their first ever try, there are some that failed many times before they ended up being great, which is why we should not be really expecting much from every single rich person we see, sometimes it ends up being different kind of story. And not all poor people are lazy people in any means, some worked hard, but failed and that is why they are poor and that is understandable as well, it does happen sometimes. We can always do everything in comparison and that is why we cannot always assume safely what we are going to be.

[ginsan]

Poor people ending up working hard and waiting for it long term, they will face stuff that will not be all that complicated and we should be able to see a better return without a doubt. I think the best way to move forward with it would be just arranging a situation where things will be simpler.

For those born into poor families, changing destiny is not as easy as imagined because in the end, if they plan for it, they will definitely put in extra effort even several times more than people whose lives have been guaranteed from the start.

So that by seeing that sometimes they try to be more introspective and try according to their portion, it seems that they don't want to change their fate but on the other hand they realize that in the end trying to change their fate in their condition without any relationship, without any strength and only capitalizing on intention and determination is clearly a challenge in itself so that many poor people give up halfway and only try to do their best for their lives tomorrow because they are helpless with pressure if they want to try to get off track to be better for their future. Although the will is great and there will always be a way but in fact life is not that easy let alone trying to change the fate that has been determined from the beginning.

 

[danadc]

The crises that arise can help us see opportunities that open up , but many do not see them because it is difficult to see them, to find them. In a small company, if there is a crisis, the probability of bankruptcy is much greater than the probability of a large company fallin g, because a large company has better and more suppliers, has more money and therefore has more liquidity.

A person who is rich has to stay rich, has to move his money all the time with business, with investments, if he becomes poor he has to become rich again because he already knows how to do it, a poor person is responsible if he decides to remain poor in his life, that is what work is for, entrepreneurship to reach a good economic situation.

[TheUltraElite]

Although the will is great and there will always be a way but in fact life is not that easy let alone trying to change the fate that has been determined from the beginning.

Some of them do end up changing their fate but this depends on a lot of things. The resources they get, the willpower they have and the opportunities they seize all make or break the situation they are in. Poor people will have to work hard to become rich and rich people have to work hard to maintain their rich status.

It is not that poor always become rich and rich always become poor. Many of the rich families have been able to maintain their status over years on their generational wealth.

Bitcoin is definitely a part of this entire process, current generations should strive to keep some part of their wealth in bitcoin for their future.

[Promocodeudo]

Those who are rich and can use wealth properly and balance expenditure with income will never be poor. But it is different for those rich people who cannot use their wealth properly, lose money in gambling or other sectors and become bankrupt.
Yes but poor people can definitely become rich if they are disciplined, hardworking and enterprising enough. Hard work takes any person to the pinnacle of progress.

That's the truth, a rich man that understands what it means to be poor will never be reckless in his spending and I think he won't be ready to go broke so with this mindset, he will keep doing everything possible to keep increasing his wealth, though there are rich individuals that are very reckless in their financial decisions, they aren't wise enough to understand that once you have money, you have to make ways to keep making the wealth last, I somuch understand the op but those are just for rich people who are not economically inclined, as for the gambling aspect, many rich people are into gambling but they are very wise to the extent that, they only gamble with they feel thats for pleasure to them and also they don't see it as financial recklessness.
Sometimes a rich man going bankrupt is not their fault because most times they invest in some stuffs not knowing that such will not be profitable to them at the end, so for me some of these mistakes happens unintentionally.
The poor can only be rich if they have a smart mindset and stop belittling their ability of becoming rich by desisting from despising a little begining.

[bitgolden]

a rich man that understands what it means to be poor will never be reckless in his spending and I think he won't be ready to go broke so with this mindset, he will keep doing everything possible to keep increasing his wealth, though there are rich individuals that are very reckless in their financial decisions, they aren't wise enough to understand that once you have money, you have to make ways to keep making the wealth last, I somuch understand the op but those are just for rich people who are not economically inclined, as for the gambling aspect, many rich people are into gambling but they are very wise to the extent that, they only gamble with they feel thats for pleasure to them and also they don't see it as financial recklessness.
Sometimes a rich man going bankrupt is not their fault because most times they invest in some stuffs not knowing that such will not be profitable to them at the end, so for me some of these mistakes happens unintentionally.
The poor can only be rich if they have a smart mindset and stop belittling their ability of becoming rich by desisting from despising a little begining.

Rich man going broke is a lot more common than poor man becoming rich. Most of the time it's rich man going richer, and poor man going poorer, the amount of rich man going broke is not that common neither, but it's certainly higher than poor man going rich. Having nearly zero, or nearly nothing and having millions of dollars after a while is not that common and causes a lot of trouble, I believe we need to do much better, it's going to be something tough for the long term and most people do not have that kind of return at all.

We need to focus on just ourselves and doing better, if you are richer this year than last year that's fine, and that's all you should aim for. Having every year of your life, richer than your last year. Also provide a good life for your kids, they should start better than how you started, if you can do that then you are going to be providing more, doesn't have to be millions, just make sure they have a better life than what you lived, that's it.

[Unknown Op]

a rich man that understands what it means to be poor will never be reckless in his spending and I think he won't be ready to go broke so with this mindset, he will keep doing everything possible to keep increasing his wealth, though there are rich individuals that are very reckless in their financial decisions, they aren't wise enough to understand that once you have money, you have to make ways to keep making the wealth last, I somuch understand the op but those are just for rich people who are not economically inclined, as for the gambling aspect, many rich people are into gambling but they are very wise to the extent that, they only gamble with they feel thats for pleasure to them and also they don't see it as financial recklessness.
Sometimes a rich man going bankrupt is not their fault because most times they invest in some stuffs not knowing that such will not be profitable to them at the end, so for me some of these mistakes happens unintentionally.
The poor can only be rich if they have a smart mindset and stop belittling their ability of becoming rich by desisting from despising a little begining.

Rich man going broke is a lot more common than poor man becoming rich. Most of the time it's rich man going richer, and poor man going poorer, the amount of rich man going broke is not that common neither, but it's certainly higher than poor man going rich. Having nearly zero, or nearly nothing and having millions of dollars after a while is not that common and causes a lot of trouble, I believe we need to do much better, it's going to be something tough for the long term and most people do not have that kind of return at all.

We need to focus on just ourselves and doing better, if you are richer this year than last year that's fine, and that's all you should aim for. Having every year of your life, richer than your last year. Also provide a good life for your kids, they should start better than how you started, if you can do that then you are going to be providing more, doesn't have to be millions, just make sure they have a better life than what you lived, that's it.

I agree with your statement because we are watching same kind of situation in every country in which we are living. The main cause of that is government which apply more taxes on salary having people and they have little or no knowledge of fiance and that don't know how to invest their money and where to invest because they learned only to be stable but rich people know how to be rich and more richer in future. So they always make plan and they execute on that and they pay no taxes legally because they use other people money and tax is not applied on borrowed money.Poor people always remain in comfort zone and don't take step for their family. But it they will take step and they will do business in future they will be successful in their life.

[LDL]

If we want to match the reality, then we must say that those who are rich are likely to get richer. And those who are poor are likely to become poorer again. If I am going to describe in the context of my country(Bangladesh )then I must say that if the poor people of my country go to the bank to borrow money for business purposes then they have to face many problems and finally they are not given the money. If the poor people have to face many problems while taking a loan from the bank, the rich people can borrow money without facing any problem and they can start new business ventures while the poor people are completely deprived of this facility. So for now in my country rich people like this have the potential to get richer but those who are poor have no chance to get rich.

[WillyAp]

If there is liquitity Crisis then small business is ok.
But the bigger ones will lose If this crash comes then you can only get rich If you not rich because you can buy cheaper assets and even the collapsed companies cheaper wich has good name customer base and workers.

Nope, its all in the mindset.
The title is plainly wrong: If you rich you will be poor If you poor you can be rich

Poor people mindset is not ready to become rich. There is a phase where you begin to understand that weekend booze and women cost more than just money.
Look at rich people, They don't dress up,run an oldish vehicle.

Smallish business stay small as they have not understood that marketing is the key to success.
When a crisis hits the 1st thing small businesses do away with is publicity.   

[GigaBit]

I cannot agree with you and so I will ask a question, who has seen such a big established rich person become poor in the present day? I think it is very difficult to find. In the present time, there are various justifications for the rich getting richer and the poor getting poorer.

Due to the effect of inflation, it is difficult for the poor to live, but those who are rich are completely safe even at that time because even at that time their net worth and equity increase, which is not possible for the poor. How can the poor make any other financial plan when they spend all their money on buying daily necessities?

A rich person is able to increase his investment in various types of investment platforms including stock market to increase his income, but a poor person will never get that opportunity because he will not have proper money. He will be unable to manage money.

Moreover, there is no way to say that just by doing a business or investment, it is safe. Many times after investing there is a possibility of loss which is not possible to cover even by a poor.

The most important thing is that a rich person is very careful about how to use his money to increase his income but a poor person, even after knowing about this, cannot do anything due to lack of money.

https://www.forbes.com/sites/jackkelly/2024/05/14/why-the-rich-get-richer-and-the-poor-get-poorer/

[Oluwa-btc]

I beg to disagree OP. Rich people will be more obsessed with their wealth and properties so they won’t waste opportunities to increase their wealth accumulation. That’s actually the fact. Same like poor people, or poor companies, they will do everything to level up and gain more financial achievements.

However, if we are talking people here that aren’t aggressive or obsessed about creating more financial stability and security, they will definitely lost their current status. Rich people will become the poor ones in less time, while poor people will become even poorer in the society.

The lifestyle and mentally of the rich needs to be studied, because the difference that exists between these two categories of people vary on a long term and they cannot be compared based on Thier activities and qualities.The ideal transformation; which depends on the allocation of funds and ideas will definitely be upgraded for more growing status and financial experience.

[Accardo]

I beg to disagree OP. Rich people will be more obsessed with their wealth and properties so they won’t waste opportunities to increase their wealth accumulation. That’s actually the fact. Same like poor people, or poor companies, they will do everything to level up and gain more financial achievements.

However, if we are talking people here that aren’t aggressive or obsessed about creating more financial stability and security, they will definitely lost their current status. Rich people will become the poor ones in less time, while poor people will become even poorer in the society.

The lifestyle and mentally of the rich needs to be studied, because the difference that exists between these two categories of people vary on a long term and they cannot be compared based on Thier activities and qualities.The ideal transformation; which depends on the allocation of funds and ideas will definitely be upgraded for more growing status and financial experience.

Great! The mistake with low income earners is their failure to associate with the rich. Why is it that most people don't like that rich man in the society? Instead of emulating the life they lead and what kind of business that helped them climb the top Echelon in financial control, they prefer to make comparisons.

Nothing makes the difference other than the fact that the mentality of the rich is far ahead of those who run smaller amounts of money. The risk factors and challenges the rich face to place their funds under control may not be handled by most low income people.

[Zanab247]

I disagree with you, that if the rich people are losing money or wealth the economy of that country will be bulling for the poor people to get rich, if you see any business man or woman falling from top to zero level,  it will surely affect the poor people around that area, because that business has been the source of income to some  poor people in that environment. Yes, if you are poor you can get rich when you know the things that cause you to be poor, and find a solution to clean all the errors because some of the Rich men and women you are seeing in the society doing well today,  they where poor before until they found solution to their problem to become rich.

And if you don't want to be poor again when you are Rich, don't spend your money anyhow or invest in a scam projects because that is where some rich men and women use to return back to poverty, because they misused their money and profits wrongly.