1. They focus on a fixed income

Employees have a constant income that only changes after many years. This means that no matter how much effort they put, it does not necessarily bring more income.

How do you grow rich by relying on a fixed income? It is not possible. To become rich, your income has to increase over time.

The prices of goods increase daily. This means that your income will have less purchasing power tomorrow. If your income is constant and yet the prices of goods are increasing, is that progressing or retrogressing?

Successful people never rely on a fixed income. This is why Donald Trump gets only 1 dollar as the President of the United States. He is not interested in fixed income. His profits from the Trump Organization are enough.

Profits have exponential growth. As a business person, you might be broke today and a millionaire tomorrow.

2. They work for money

Working for money is the wrong strategy for wealth creation. Successful people let money work for them. This is the power of passive income.

If you have to rise early in the morning every day to go to work to get income, you are in big trouble. What happens if you cannot work again?

Wealthy people get money even as they sleep. Money is working hard for them day and night. It is this income that makes people rich.

3. They trade time for money

Employees sell their time to get money at the end of the month. This is why they have to report to work at a certain time and leave at a certain time. Their salary is pegged on the number of hours they offer.

Employers, on the other hand, understand the value of time. They look for people with time and hire them.

Time is more valuable than money. This is because time is a fixed resource. It is an equalizing factor in life. Money is not a fixed resource, more and more can be made every year.

Successful people are not paid based on the amount of time they work but on the value they provide.

4. They love security more than risk

Employees will always be looking for a secure job. Security is more important to them than the potential reward of risk. As they seek security, they fail to focus on the reward.

Employers, on the other hand, take a lot of risks. This is how they make millions. High risk is always related to high returns. High risk, high reward.

5. They follow well set out rules

Employees are encouraged not to break the rules. They have to follow them to the letter. When they break rules, they are fired. This hinders a great factor of success; creativity.

Entrepreneurs grow by breaking rules and setting new ones. This encourages creativity and innovation.

To be successful, you have to think outside the box and break some rules. You cannot just follow without questioning. The corporate world is not the best place to do that.

6. They have no control

Employees lack control. They are told when to report to work, when to go home, when to go on leave, what they should do for the day, the goals they should achieve, what they should earn, etc.

This shows that employees lack control over their own lives. This is not the best environment for success. To get success, you have to be 100% in control of your life.

7. They specialize

Employees work in a single department. They get to know everything about that department and nothing about any other field of work.

Due to that, employees want to get postgraduate education in a certain specialty. As they specialize, they know more and more of less. They soon realize that they are trapped. They cannot do anything else because they only know about their area of specialization.

Entrepreneurs have to know everything. They know less of more. Even if they get further studies, they do not specialize, they take a general course like an MBA.

Make sure you know something in every relevant area of your life. Avoid being trapped in a single-specialty unless that is your desire.

8. Most hate what they do

I have interacted with many employees and I know this for a fact. Many employees hate their job. However, they do not dare to quit because of fear. Remember, their greatest motivation is security.

They would rather suffer in a job they hate than quit and lose security.

When people graduate, they just apply for any available job. They do not care because their greatest goal is just to get a job. After some time, they realize that the working environment is so limiting and they become bitter.

Since they do not want to quit, they suffer all the way and become bitter in life.

Entrepreneurs start a company they love to manage. They get satisfied to see it grow. They enjoy working on it day and night. This is what true life is about.

9. They are many

Since employees are very many, they tend to earn less. Why are teachers underpaid and doctors overpaid? Because teachers are many but the doctors are few.

When the supply for labor is more, its price (wages) decrease. This is a general economics principle. As more and more people offer their services, employers can afford to pay less because there are more people in the job market.

As more and more people graduate and become potential employees, wages will keep reducing. Employees will earn less and less in the future. Many others will lose their jobs because of technology and automation of jobs.

To be on the safe side of life, you have to distance yourself from the masses. This is because the masses are always offered a bad deal.

Final thoughts on why employees are poor

If you want success, you cannot be an employee. You have to be an employer. Even if you will be an employee in one company, make sure you are an employer in another.

The strategy of working for promotion is not financially sustainable

Lets recap. 10 reasons why employees are poor:

·     They do not own any system

·     They focus on a fixed income

·     Employees work for money

·     They trade time for money

·     They love security more than risk

·     Employees follow well set out rules

·     They have no control

·     They specialize

·     Most hate what they do

·     They are many