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Wealth Distribution

2/18/2016

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I recently read an article describing the distribution of wealth.  Unless you read between the lines into what is really going on, most will continue to be the victims of declining wealth.
I found this to be the most powerful paragraph in the article:

"The first is the disconnect between work and earnings.  The share of national income going to workers has been falling while the share of income given to owners and top executives is rising, a phenomenon that can be seen in the stagnant wage figures of workers around the world despite growing corporate profits and productivity."

Companies downsize and layoff.  Most are not concerned with the workers this affects...it is all about the bottom line.  Like it or not, you are either accepting this as your truth and doing something proactive about it,  or fooling yourself that it won't happen to you.
The share going to workers is falling, while the share going to OWNERS is rising.  So, which side of this fence is actually working and which side of this fence would you rather see yourself on?

There is no such thing as job security in a job.  It is gone.  The key to move forward is to understand every individual must start thinking of themselves as personally responsible for creating their own work, and find ways to create their own work being self employed.  This does not mean you have to invest millions and start the next tech success.  You may find your success in a simple hobby, or utilizing the knowledge, skills and experience you currently have. You can be the victim of falling wages and jobs, allowing the wealth to continue to go to the owners of corporations or even small businesses,  or be the creator of taking control of your future and starting to create your own wealth.  Being the OWNER of your own business is something that anyone can make a choice to do.

Even with this knowledge, most people will not take that step into entrepreneurship because of fears and limiting beliefs instilled in society throughout the industrial age, when corporations needed employees to meet their production goals.  This was a time when society was sold on believing they "need" an employer to have "security".  We are conditioned to believe the only way to work is for an employer.  We are conditioned to believe we couldn't possibly make it on our own without corporations/employers to "look after us".  We are conditioned to believe we need security, benefits, etc.  We are conditioned to believe the only thing to do when we are looking for work is to put out resumes and apply to companies to "grant" us work.   We are conditioned to believe it is too hard to start a business of our own, too risky, and that most new businesses fail.

Most businesses do fail, that is correct.  However, it is not for the reasons that most believe, such as too hard, too risky, too expensive, etc.  It is mainly because most that take that step into entrepreneurship are bringing their outdated beliefs with them.  They are attempting to run a business with the mindset of an employee.  They are afraid of risk, they are not solution oriented, they are not committed long term, they expect overnight results, they are not leaders.  They do not know how to make powerful business decisions that support the long term goals they have.  They give up at the first sign of challenge.  They are not willing to do what it takes because they have been so conditioned to be paid immediately for hours worked.

Successful entrepreneurs think differently.  They are willing to do what it takes for as long as it takes.  They are solution oriented, and if they can't find a solution, are willing to think out of the box to create one.  Challenges do not stop them...they realize it is simply part of the process towards success.  They do not put a "time frame" on their success and are committed for the long term.  They make decisions that support their goals, even when it is uncomfortable.  They learn and grow and mastermind with other successful people.  They think about risk much differently.  While the employee is afraid of risk, the successful entrepreneur believes it is more risky to put your eggs in an employers basket and allow them to dictate your life.

95% of people make the other 5% successful. Which % do you want to be in?  We are NOT in the industrial age any longer!  Success is created by our thoughts and our actions, which can be changed at any moment you identify your thoughts have brought about the results you currently have.    It is our choice which side of the wealth distribution fence we are allowing ourselves to be on.

Debbie Ruston has been an entrepreneur and trainer since 1986. She works with individuals, and groups interested in developing their entrepreneurial leadership mindset. Was this article of value to you? Feel free to share it on your social networks and with your contacts, join in the discussion below, and FOLLOW her on the top right corner of this page.
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As published on LI:  https://www.linkedin.com/pulse/wealth-distribution-debbie-ruston

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