Money Plato

80% of millionaires are self-made. Becoming rich isn’t luck – it’s a decision, a mindset, and a path you choose. Here’s why most people never take it.

Riches are something that always fascinated me – at least as a matter of reflection. It’s probably the most sought-after thing today, maybe because the economy is in a downturn and many people are struggling. But in a sense, it has always been this way.

What I found is that richness is not just a matter of luck or being “born rich.” Yes, those cases exist, but statistics show that about 80% of millionaires or wealthy people are self-made. They did not inherit or “win” their wealth.

So, the real issue is mentality. What does that mean? Simple: to everyone who is unhappy with their life situation or money issues, I ask – did you ever think about actively becoming rich? I mean, did your choices all point toward that goal, or not? Because most of the time, people complain, but when you look closer, their path in life was never one aimed at building wealth.

I’m not talking about saving here (although saving is an important part of financial discipline and wealth building). I’m talking about career choices and mindset choices that either can or cannot create wealth.

For example, how could you think it’s possible to become rich by entering a simple office job? Simply, you can’t. Your salary will always have a ceiling. You might advance, yes, but you won’t go beyond a certain point.

I’m talking here about the difference between being an employee and being an owner – a founder, someone who has a stake in a business. The possibilities as an owner are endless; it all depends on you, your inclinations, and your passions.

Think of this: what could your gains be when you found something – a company, a project, anything? It could be zero (many companies fail), but it could also be infinite. Rich people bet on themselves. They believe in themselves. They found something. They may fail once, five times, even ten times. But eventually, they acquire so much experience and resilience that their effort and persistence are rewarded.

It’s not easy, and it’s not a get-rich-quick scheme. It’s just a different attitude. Being an employee, with all its dignity and lifestyle, is one thing. Being a founder is another. You don’t have to be the next Steve Jobs or Elon Musk to be an entrepreneur. There are people everywhere running side hustles – something they believe in. Many start them as second jobs, and over time, these projects gain momentum until they’re no longer “side hustles” but real companies.

I highly recommend reflecting on this. Go back into your memory and recall the passions you may have set aside. You know what I’m a fan of? Simple online side hustles built out of passion and sharing. A blog or website can be a great example. It’s a base to direct traffic from social networks, without the risk of being banned (because it’s yours).

For starting a website on one of the best hosting platforms I recommend is WordPress.com. I’ve also listed the best cheap hosting options so you can find what suits your needs.

Remember: it’s up to you to believe in yourself – no one else will. Keep your spark alive and start something. Rewards, and also money, will follow.

MoneyPlato is my blog about finance, born from my passion for philosophy and business. In order to keep ads to a minimum, I’ve decided to make this a reader-supported blog. I may earn an affiliate commission when you purchase through my links. Thank you!