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Monday, March 31, 2014

How Your Self Image Determines Your Wealth

Siimon Reynolds Contributor
I mentor the world's business leaders.

Entrepreneurs 367 views

How Your Self Image Determines Your Wealth

I’ve been reading an interesting book lately.

It’s called “Identity Economics. How Our Identities Shape Our Work, Wages, And Well Being.”
It raises some pertinent points for anyone who wants to achieve great wealth in their life. The authors show that how you see yourself plays a huge part in how much you earn, and indeed how much wealth you believe you deserve.

Identity affects how you dress., what wages you ask for or what prices you charge your clients. It even affects how much money you save or spend. With self identity being so critical to financial success, it is truly amazing that people don’t spend time daily developing their self image so that it supports them, rather than pulls them down.

Do you do anything at all to maintain a healthy self identity?

Most people don’t, for two reasons:
  1. They have no idea that their identity is affecting how much they earn.
  2. Even if they do know, they don’t know what they can do to change their identity.
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