New Year – New Thinking

Dan Miller —  December 28, 2012 — 48 Comments

1. How do rich people think?
2. Is money the root of all evil?
3. Can we really have it all?

Additional Note: What Rich People Think

  • Andy

    The comments you read in this podcast are incredulous. It amazes me that people place so much “blame” on the wealthy instead of taking personal responsibility for their actions, or lack of actions, which are a result of their thoughts. Great topic!!

    • 48DaysDan

      Andy – yep it’s pretty sad to see them talk themselves into continuing their same miserable lives. Thanks for your comments.

  • Lyndon Dunbar

    Great podcast! Thanks for sharing about the views of becoming wealthy. I really agree with your views on this topic. I look forward to your podcast weekly. Please bring back the success stories to the podcast!

    • 48DaysDan

      Lyndon – thanks for your comments. There is so much to share in a 48 minute podcast – I’m constantly thinking about new elements.

    • 48DaysDan

      Lyndon – thanks for your comments. I always tweaking what to share in those precious 48 minutes each week. I won’t forget the success stories.

  • Brad McCullouch

    Great PC at the perfect time of year.

  • ravenburnes

    Dan, thank you so much for airing this podcast. I listened to it twice back to back. I was happy to hear that I have “rich people thoughts”, although I grew up in a poor household and am poor (financially) right now after having “lost it all” a few years ago. I am very optimistic by nature and am certain I will not remain poor forever. Unfortunately, however, I do recognize some of the “poor” attitudes of people around me. My goal is to maintain a life-enhancing, money-attracting mentality and to avoid the miserable attitudes of the people whose comments you read (how awful were those!!?). Envy and hate are so ugly and self-destructive – and blame doesn’t pay the bills. So thanks again for the podcast!

    • 48DaysDan

      Raven – oh I love that line – “blame doesn’t pay the bills.” Keep having those rich people thoughts. The reality will catch up with you!

  • Christopher Battles

    Reading Zig Ziglar’s autobiography and I am still in his childhood years and how he and his family are in the middle of rising from the poor.
    The message you spoke here is something that should be taught so it would become common sense.
    Thank you Dan.

    K, bye

  • Dana Ewing Mays

    This podcast came at just the right time for me. Yesterday I posted a quote from Dave Ramsey on my Facebook. He had said in effect, Do poor people things and get poor people stuff. Do rich people things and get rich people stuff. I got some negative feedback. “Jesus was poor”, etc. I was not commenting at all on the merits of either poor or rich. I just quoted Dave. In the end I kept thinking about your wisdom to surround yourself with people you want to be like and unfriended this person. That was a big step for me, a person who struggles with worrying about what others think. Thank you for your work. My life looks totally different this year than it did last because of your book and your podcasts.

    • 48DaysDan

      Dana – thanks so much for your comments. I’m delighted your life is changing in a positive direction – something we all strive for. Keep doing the things rich people do and your reality will catch up with those actions. Expect a spectacular 2013!

  • JamesRio2016

    Awesome! Awesome! Awesome! Listening to this podcast reaffirms my belief that being successful in America is not a matter of chance it’s a matter of choice. Only those that choose to think differently will experience different-and better-results. It’s amazing that people will expend so much energy excoriating the rich but refuse to expend the same energy to take even the smallest step to better their lives. It’s easier to complain that to conquer. If the anti-rich really want to change the world for the better thay would do well to understand the power of wealth for the good it can do. I think Margaret Thatcher said it best when she expressed that without money the good samaritan would only have had good intentions. Another one from the former PM “Pennies don’t fall from heaven – they have to be earned here on earth”. You go Maggie!

    • 48DaysDan

      James – thanks so much for your comments – and sharing the input of other great thinkers – wow.

  • ajuflor03

    Dan, I loved the podcast. I grew up in a poor home with a father that had a poor mentality. He preached that because of the “system” that we were not able to get ahead. I later realized that this excuse kept us where we were. He hated his work everyday and hated his boss because he was successfull. I went off to college, earned an engineering degree and went to work for a big company in a technical field. I start my career the same way; hating my bosses because they were successfull. I got nowhere in my career for many years. As I continued my walk with the Lord, He taught me that I should work as though I was working for Him. Also, if we are faithful over little He will make us ruler over much. I changed my attitude towards work; I started being excellent at my job. I turned off the T.V. and began reading book after book by great leaders such as Zig Ziglar; Dave Ramsey and Daniel Lappin. What happened after that point was amazing. I went from making 90k/year as an engineer to 200k/yr as a sales person. I was promoted because my boss saw my work ethic and my dedication to excellence and they trusted me with a sales position. The culuture at my company is to serve the customer. I have done exactly that. I get to serve my customers with excellence and in return I get rewared with little green certificates of appreciation and lots of them. I will be worth 500k by the end of 2013 and will be worth 1 million in the next 4 years. How do I know that? Because I don’t live for the moment. I am always planning 5-10 years ahead and the numbers speak for themself. I will be a first generation millionaire and proud of it. Dan Miller books are also next on my list to help me get to the next level by starting my own business and become richer even quicker. Just an FYI….my wife and I also teach bible school and are involved in other charities so we are givers not takers. Also, my lifestyle has not increased one bit with the increased salary. My two cars are on average 9 years old.

    Now to comment on the poor mentality syndrome. The irony is that a vast majority of people that play the lottery are in fact poor. The lottery is a system setup where a few people become rich and the rest become poorer. And yet no one brings this up as an evil system. Its a system where 99.99% of the players lose. I think the rich could care less about the lottery and the poor people love the lottery so know one says a word about it.

    Thanks for what you do, Dan!

    • 48DaysDan

      Wow – what a great testimonial about changed attitude and thinking. Thanks for sharing!

  • Steve Spillman

    Thank you for this and for all your podcasts. I’ve benefitted from your wisdom. What saddened me about this podcast were the reactions read to the article. The theme I heard over and over in these negative comments was that ‘someone else’ is responsible for an individual’s wealth or poverty (financial and spiritual). God has a wonderful plan and purpose for each of us and it never involves bitterness, resentment or relinquishing His purpose in us to others in the form of blame. Each of us is responsible for making the absolute best of our abilities and situation (the cards we’re dealt). And each of us is responsible as a steward for the good things He has entrusted us with during this short visit on earth.
    Thanks again, we’re encouraged by you.

  • charlessipe

    Super fascinating podcast. People often attack, blame, or criticize others online because there are no consequences and it reveals what people really think. Later I stumbled on a recent blog article titled “Is Getting Rich Worth It?” by Scott H Young which relates to this topic and I would be interested to hear your thoughts on this. Basically, it talks about how becoming rich is not as great as many people think. Personally my attitude, which I think is common for Generation Y, is that pursuing wealth may not be worth it for me because it will not lead to optimization of the ultimate currency of happiness (so a lifestyle business might be a better fit for me than a startup that could make millions). Thanks Dan for all that you do!

    • 48DaysDan

      Becoming rich tends to make us more of what we already are. So if someone is angry and stingy, becoming rich will make them more of the same. So our goal needs to be to not be like those examples but to build our personal skills first, so that when wealth comes, we will have more opportunities to be kind, considerate and caring.

  • OneAmericanAmongMany


    This was a great podcast. It’s really easy to buy into the mentality that wealth=greed and use that as an excuse to stay broke. My wake-up came early in life – I was blessed to work for a self-made multimillionaire and saw first-hand the difference in the way he thought and acted and the way my associates did, especially the one who was a “good union man” but who was laid off 7 months out of 12. I adopted a lot of my employer’s thought processes (I was the bookkeeper and in assuming stewardship of his money it was pretty much mandatory) and in doing so, was able to establish an investment portfolio, buy my first house and rehab it, and move myself out of the “working poor” category.

    I believe the current political climate has taken genuine greed – meaning the belief that because I want “stuff” I am entitled to take yours – to a new level, and the comments about how “evil” the rich are reflect that. I pity the Gen Y’ers who for the most part have embraced this point of view, because it will take them most of their adult lives to get out of their own way.

  • Derek Olsen


    Listening to you read the comments people left on that post about rich people made me sick to my stomach. It’s a shame and a waste to have such a negative, blaming, victim mentality.

    My response to the commenter who said that ‘poor people are poor BECAUSE rich people are rich’ would be this… ‘If that is true, are rich people rich BECAUSE poor people are poor?’ And if that is true, then we can ‘blame’ rich people for the existence of poor people and ‘blame’ poor people for the existence of rich people.

    You are confused after reading that last statement because it doesn’t make any sense.


    • 48DaysDan

      Derek – thanks so much for your comments. I know you are showing people how to become rich – and compassionate and caring as well.

  • Jacob Lett

    This made me unravel some of my negative thinking of the rich. In high school I saw wealthy kids who did not seem to work hard for their nice clothes and cars and it seemed to magnify my own feelings of having very little. I knew how much work it would take for me or my parents to acquire such nice things. As I got older, I heard the stories of their parents who had started businesses and worked hard to attain their wealth.

    I think the true wealth is not the ability to buy nice clothes and cars for their kids but knowing you’ve lived a life true to yourself to honor God. I can now understand why the parents wanted to shower their kids with nice things because they did not have them at their age. I would want to do the same thing I think. If I am ever blessed to be in this situation, I will work hard to teach my kids to see the struggles of those less fortunate and to show restraint in showering gifts so that they might work for their own wealth.

    • 48DaysDan

      Jacob – yes, we want to continue to teach our kids values, along with the ability to make money. They can go hand in hand. Thanks for your comments.

  • Robinson Mertilus

    I loved this episode. My wife and I listened to it today and were able to gain some great insights on how our mindset and attitudes affect our actions. Listening to your podcast has had a positive influence on how I view things and how I let myself be impacted by what I listen to and read. I’m looking for to great things in 2013. Thanks again.

    • 48DaysDan

      Robinson – thanks so much for your comments. Expect a great 2013!

  • Robinson Mertilus

    One other thing, I took time to listen to the lyrics for “taking care of business”. That was an awesome experience. It fits perfectly with what you discussed on the podcast. It was a great idea to play it all the way through.

    • 48DaysDan

      Robinson – thanks for your comments. It’s been a long time since I listened to the lyrics all the way through as well. Not an accident that I’m using that.

  • Chris

    Hey Dan, loved the podcast. I work in construction while figuring out what I want to do next. I hear all the time how the rich are screwing over the working man. What I hear isn’t that far off from the comments you read attacking the article. The same attitude toward management even though some the field engineers and managers don’t make much more than the skilled craftsmen our project. Somehow the working guy with hammer is the good guy while the engineers and estimators in the office is evil even if they make the same money. The guys in the field think that the guys in the office somehow got lucky and are just taking advantage to of those of us in the field. It’s very sad.
    Podcasts like yours help to keep me moving forward and working toward a greater goal. Thanks for the show.

  • Jon White

    Really enjoyed this podcast Dan thanks for doing it. It really was eye opening to see how different people think about the subject of money. It was also a great reminder that I don’t want these types of attitudes to influence my life. Being around that type of negativity all the time would really impact my thinking and ability to produce products that would impact lives for the better.

  • ChefCraigB


    As always your podcast is uplifting and inspiring. It’s like Christmas each week when I upload another episode! I feel fortunate that I don’t have a scarcity mentality and even though I have never been wealthy-I hope to be one day.

    I feel that I am in the exact spot in my life due to the decisions, both good and bad that I have made. I too, get excited at the thought of the new year and all of the opportunity it brings!

    I am amazed at the people who really believe that there is a finite amount of wealth and the reason they don’t have any is because some rich person is hording it! I overheard a person saying just that at a party I was catering and complaining about how he had tough luck with jobs etc and if it were not for unemployment and food stamps he would be on the streets! I could not help but notice he had an unkempt beard and hair down to his belt. It was all I could do not to tell him to get a hair cut, trim his beard nicely, change his attitude and then maybe he could get a job and provide for his family! It is this type of mindset that is destroying us as a nation! As you once said and I tell my sons weekly-”We Are AmeriCANS not AmeriCAN’TS”

  • Brad Haven

    Happy New year!

    I really liked this show. You should do more like it. You have a great way of teaching and sharing that is inspiring. I have listen to this one three times because it was so powerful!

    Thank you Brad

    • 48DaysDan


      Thanks for your input. Based on the feedback I will be doing more themed podcasts this year.

  • dezkok

    Wow! Awesome podcast. To those who blame the rich, for all kinds of evil, I say this – I am a totally self-made man, and I owe no-one anything for my complete lack of success! Joke, yes, but serious point. I am responsible and take responsibility for where I am, for my success or lack thereof. Saying someone is bad because he is rich makes as much sense as discriminating against someone based on skin colour or the type of car they drive…

  • arthur

    while I enjoy your podcast each week, I try to keep in mind that you are a car salesman which equates to born liar. Donald Trump lied to get the money to open his first hotel, how many lies since then? I have to ask if you give a money back guarantee to the poor souls you sell your books to if they do not become successful. what is your success ratio to sales? why didn’t you use George Thurgood’s song get a haircut For every musician that makes a fortune several spend there life playing at the local level and barley making ends meet
    Enough rant I have to agree with you that you must get out of bed and work at being successful or it will never happen. You should pick successful people with morals for examples not liars and cheats.

  • Craig Graves


    Great podcast! It really confirmed my thoughts that many people think the rich are bad guys. Whether you like the rich or not the fact is they create jobs and invest in our economy and I think it’s a shame people have this “hate the rich” type of mentality. I also think some in our government have helped create this feeling in many people and it really played out in the last Presidential election. Sad in my opinion.

    My question to you is have things always been this way? Have there always been a group or subset of Americans who think the rich are bad people or is this a fairly new way of thinking? I assume it’s always been this way but I’d like to hear your thoughts.

    Thanks in advance,

    Craig Graves

  • emilycrunchycoach

    The comments you read sounded like things my dad said when we were growing up. when I first got out on my own, I didn’t like wealthy people much, either.

    Then one day a couple years into my teaching career I switched to an organic, whole foods diet. My food budget doubled. Several times I felt a certain health remedy or therapy would help a particular issue. But I was always afraid that the little savings I had would be eaten up by making that purchase, which would have been a luxury on a teacher’s salary.

    I refrained from buying the nutritional supplements I suspected I needed – and as a consequence, developed some serious deficiency symptoms.

    Now (married to someone who grosses over 100K a year) I teach people on my blog that if you want to be really healthy, you need to make more money than the average household. It’s a truth that I have been criticized for, but one I will stand up for until my dying day.

    Extra wealth gained by ethical means brings many more disadvantages than being poor. For one, you have the privilege of having access to the resources that keep you from dying of cancer, multiple sclerosis, and so on.

    I don’t call that evil. I call that smart.

  • Gene

    Dan…where do you post the show notes to podcasts…I cannot find. Sorry & thanks!

  • Steve Pate

    LOVED this Pod cast….man I was working in my shop and just got invigorated and just pumped. Thanks for doing it!

  • Jonathan Prescott-Sears

    Hi, Dan.

    I have been listening to your podcast for some time now, but will be doing so no longer. I was so offended by this episode that I will no longer subscribe.

    I was raised in a lower-middle-class family, and I’m still lower-middle-class. I have worked hard all my life, run my own business, and been fairly successful at it. I have nothing against “the rich”, just as I have nothing against “the Christians” or “the Jews” or “the Muslims” or “the Republicans” or “the Democrats” or any group of people. In fact, I work every day at becoming rich myself, and I’m getting there!

    I DO have something against any rich people (however many there may be) who have attained to wealth or who maintain their wealth at the expense of others. We need only look at recent news reports, for example, to learn of CERTAIN wealthy business owners who have sworn not to provide their employees with legally mandated health insurance — even though it would only raise the price of their product (a pizza, for example) by a few cents apiece.

    And of course, many wealthy business owners funded the campaign against the Affordable Care Act (aka “Obamacare”), because they knew it would cost them a few dollars more per employee. But now, those employees will be healthier and, one must assume, more productive. That equals more $$ for the business. (I myself would have preferred a single-payer system, as other wealthy nations provide; that would have made US exporters much more competitive with their foreign competitors.)

    In this report …

    … we read that “Income inequality between CEOs and workers has … exploded, with CEOs last year earning 209.4 times more than workers, compared to just 26.5 times more in 1978 — meaning CEOs are taking home a larger percentage of company gains.”

    In other words, CEOs and big business owners are pocketing nearly 210 times more than their workers do. That’s just obscene. Why don’t they consider earning, say, only 110 times more than their workers do, and raising the workers’ salaries and benefits a bit?

    Studies have consistently shown that when middle- and lower-class incomes rise, the economy booms (benefiting all, including rich people). When upper-class incomes rise, only the upper class benefits.

    The so-called “job creators” that so many like to laud are not creating the types of well-paying jobs that many of your listeners strive to obtain. Instead, the jobs created are “take this job and shove it” positions (like those of low-wage workers at Taco Bell), or dollar-an-hour jobs in China.

    What was most offensive in your podcast — and so unbelievable that I had to play it back — was your denigration of “average” or “poor” people for their constant obsession with money. Has it been so long, Dan, since you were poor yourself that you have forgotten that it’s hard to think of anything BUT money when you don’t know how you’re going to feed the kids this week, or make the rent, or clothe your wife, or pay for college? And are you so wrapped up in your “possibility thinking” cocoon that you don’t realize that it’s EASY for rich people to NOT think about money, because money is not an issue for them?

    And I wish that you had checked the logic of your reasoning before mentioning the names of a few wealthy people who are noted philanthropists. We are glad that some of these folks donate to worthy causes. But even Bill Gates is not as all-fired generous as you made him out to be. Remember, he still lives in a $150M house, while some of the workers who make his products live in barracks in China, get one day off every month, and make wages that will never allow them to escape from poverty.

    Let us also not forget the huge inequality of opportunity that exists in this world — yes, even in this great nation of ours. Racism, poor schools, neighborhoods full of crime. Parents who, as the uneducated descendants of uneducated parents, grandparents and great-grandparents, have no concept of success for their children that is greater than mere survival. Have a few of our fellow citizens, despite these horrible circumstances, risen to wealth and fame? Yes. Frequently? By no means.

    In other words, it’s easy to list some wealthy philanthropists and some wealthy folks who were once poor. It does not, logically, follow that these examples represent the majority or the norm.

    Once again, I am not claiming that all rich folks are robber barons, or that they are all evil crooks who are looking to buy more Maseratis at the expense of the non-wealthy. We have all heard of many wealthy people who have become rich (and maintained their wealth) by the sweat of their brows, using their own ingenuity, and without harming others. I am fortunate to know some of these people, and I love them with all my heart.

    Bless you, Dan, for the inspiration and resources you share. I am so happy for those who have benefited from your wisdom and passion. But I just cannot listen to your podcast anymore, and I cannot visit your site or read your books.

    I will continue to strive to better my lot in life while always respecting and loving my fellow women and men. If I should be blessed with wealth, you can be sure that it will be shared in such a way that it helps others achieve the same or even greater success.


    • 48DaysDan


      Thanks for your thoughtful comments. I knew this would be a divisive topic. Many people still believe that if a business owner has provided jobs for 300 people and ends up wealthy, he/she has still somehow done that “at the expense of others.” Your note clearly implies your feeling that no one should too much richer than the average worker. I cringe at any regulations that force the leveling of the field and pray that we can all continue to have the same open-ended opportunities. I wish for you increased prosperity and the heart and compassion to steward that with wisdom.

  • Shundra

    This was the type of podcast I needed to hear as I try to transition into a new way of living. For a long time now, I’ve had such a limited view on what I could have financially. I remember in college telling friends that I didn’t want to be rich, just financially stable. I’ve been “stable”, but I haven’t come remotely close to how I actually want to live my life. I think for too many people they get stuck on wanting to be “realistic”, that they don’t see that line as simply being an excuse to not expect more for themselves. I know it definitely applies to me. Like most things, its not money that is evil, but how people decide to use it or allow it use them.

    • 48DaysDan

      Since your expectation to be “stable” worked for you just start expecting “abundance” instead. Make this your year!

      • Shundra

        Thanks Dan for your encouragement and all of the 48 Days podcasts!!! I just started reading “Think and Grow Rich” as part of my 2013 goals to improve myself and my finances! Abundance is definitely the aim for 2013 :)

  • karla

    I am reading Pendulum (Williams &Drew) and their analysis of our current era ( in the up swing of a WE generation) holds true. The common culture appears to be in full ‘I’m Ok, you’re not OK’ witch hunt. It sickens me as so many others here, but I hold on to the knowledge that (1) God is in control and (2) we will reach the zenith – having taken the ‘time of duty, obligation, and sacrifice’ too far – and turn back to a time where personal responsibilities are rewarded.
    It is my goal to work hard and be in the counter- culture if need be.

  • Tenisha DeWindt

    Dan, Thank you for this podcast. It is literally helping me to renew my mind along with my current reading of 48 Days to the Work You Love. I am gleaning so much from your life and your wisdom. I look forward to unlocking the destiny that God has for me. I have to admit that I have a poverty mentality because of my upbringing but I am working through that honestly. When I first purchased your book about 2009, I thought it absolutely ridiculous that I could actually find work that I enjoyed and be compensated well for it. I felt stuck at my position and like that unhappiness was my lot in life. I would constantly say that there has to be more to life than this. I am still in a (diffterent from when I purchased the book)position where I would like to move on from but I am optimistic that this year is my year for God to speak as I take this journey seriously. Keep the podcasts coming, I am so encouraged by them!

    • 48DaysDan

      Sounds like you are “renewing your mind” as you seek more clearly God’s path for you. Enjoy the journey. Thanks for your comments.

  • Les Kerr

    Dan – I am so disappointed at how people who have achieved even a solid middle class life have been vilified by so many as “evil rich people.” Anyone could be perceived as “wealthy” if they have something another doesn’t possess. People can be virtuous or evil people no matter how much money they have. Thanks for posting this and for playing the entire “Taking Care of Business” song. As a professional songwriter and musician, I immediately got your point – if you do what you love and dedicate yourself to it, you don’t mind long hours & challenges. You just enjoy “taking care of business.”

    • 48DaysDan

      Thanks for your comments. You are so right – virtue doesn’t depend on economics – it goes much deeper than that.