how to think like a rich personIf you’re going to build an online business it’s essential that you understand a few core differences between how wealthy entrepreneurs view the world and how the rest of the population does.

One of the most important differences to consider when learning how to think like a rich person is learning to value your time more than your money.

For most people, this idea is counterintuitive, so let me explain.

Related Post: The Real Math Behind Why Affiliate Websites Scale So Well

A Thought Experiment

I want you to imagine, for a moment, that I gave you a check every morning for $160. That’s $10 an hour for every waking hour of the day.

That’s not a lot of money, but is more than enough to live comfortably on, and is well above the median U.S. income.

Now, imagine that you only got the money if you spent it. Anything unspent at the end of the day gets thrown away.

What would you do?

Time Is Finite, Money Is Infinite

If you’re thinking like a rich person, you’d do everything in your power not just to use up that $160, but to leverage it into optimizing your time.

That’s because wealthy people know that time is finite. We only get a fixed amount each day, and anything we waste is lost forever.

Money, on the other hand, is infinite. Wealthy people know that they could always earn more money, even if it requires that they sacrifice their time.

Understanding this balance is the part of the key to finding great wealth.

(The other trick is taking action, but that’s a separate topic.)

How It Applies Online

The result is that if you’re thinking like a rich person, you’re thinking about how to best use every single second of your day.

That doesn’t mean you’re always working (rich people value free time too), but it means that when you set out to do something, you do it in the most efficient way possible.

Workers try to run out the clock waiting for a paycheck. Entrepreneurs hate seeing the seconds tick down, and try to fit as much into their day as possible.

The only way to do that is through efficiency.

Click here to read more about treating time as an asset, or learn more affiliate basics with this beginner’s guide.