Jack Ma: Lack of Money, Poor People and Procrastination

Repost from Patrick Bet-David FB page. During our morning conference call this morning, my mentor Patrick Bet-David shared something very powerful and I just HAD to repost it here.

Often times we buy into the excuses that we can’t get anything going in our life because we lack money. We give ourselves an “out” in not stepping up to perform because we feel certain resources are not in our favor.

Now, I say this coming from an average an ordinary middle-class family. My parents immigrated here from the Philippines in the hope of a better life. Did they lack money? Sure they did. But did our family do the most with what they had? Of course.

To this day, my parents or our family who may have come here from the Philippines, are still not rich or wealthy by any means. However, they have created for us a lifestyle by seeking opportunities to advance their family forward.

If not, an alternative for my sister and I was to grow up on a dirt floor in the provinces of the Philippines where we would REALLY lack money…or opportunity for that matter.

So the question to ask yourself, assuming you desire financial freedom, independence and control is, “does a lack of money keep me from living a life of my dreams?”

Jack Ma: Lack of Money vs Getting Started

It was a quote by Jack Ma, a Chinese business magnate and philanthropist. He is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses.

Jack Ma said, “The worst people to serve are the Poor people. Give them free, they think it’s a trap. Tell them it’s a small investment, they’ll say can’t earn much. Tell them to come in big, they’ll say no money. Tell them try new things, they’ll say no experience. Tell them it’s traditional business, they’ll say hard to do. Tell them it’s a new business model, they’ll say it’s MLM.

Is this smashing you in your face yet? Hold on, there’s more.

“Tell them to run a shop, they’ll say no freedom. Tell them run new business, they’ll say no expertise. They do have somethings in common: They love to ask Google, listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.”

Oh SNAP! Ready for round 3 of truth? Here goes…

“Just ask them, what can they do. They won’t be able to answer you. My conclusion – Instead of your heart beats faster, why not you just act faster a bit; instead of just thinking about it, why not do something about it. Poor people fail because on one common behavior: Their Whole Life is About Waiting.”

Poor people fail because on one common behavior: Their whole life is about WAITING.

So what kind of person does this make you?

To be quite transparent, I began my steps in entrepreneurship with $15k in credit card debt. I, too, felt that I’d never get ahead financially only making $18k/year in the military. It wasn’t until the day that a retired Master Sergeant, who became an entrepreneur after retiring from the Marine Corps, challenged me to change my thinking.

With that being said, I hope you are off to accomplishing bigger and brighter things in the year ahead. I sure hope you have people surrounding you in your personal, professional, spiritual and financial life to continue becoming the best version of you everyday.

If you are looking for the right people AND environment to help you get to that next level in your life, please drop your information below and we’ll be sure to get a hold of you and see if you’re the right fit for our national network of financial entrepreneurs. Don’t have a temporary situation of you buying into the “lack of money” keep you from getting what you want in your life!