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Why Some People Get Rich While Most Stay Broke

Myron Golden

1.43M subscribers

116K views · 1 month ago

RICH LIFE POOR LIFE | Why Some People Get Rich While Most Stay Broke Why do some people consistently build wealth while others work hard for years and still struggle financially? In this powerful message, Myron Golden breaks down the fundamental differences between a rich life and a poor life and reveals how your beliefs, decisions, habits, and understanding of money can determine your financial future. The core idea is simple but powerful: Getting rich isn't just about how much money you make. It's about how you think, what you do with money, and the principles you use to create and multiply wealth. You'll learn: Why working harder doesn't automatically make you wealthy The mindset differences between people who build wealth and people who stay broke How your beliefs about money influence your financial decisions Why increasing your income is only part of the wealth-building equation How wealthy people think differently about opportunities and resources The habits and principles that help create lasting financial success Biblical principles behind wealth, stewardship, multiplication, and prosperity This message will help you identify the patterns that may be keeping you fina

✦ What fans are saying

100+ public comments · synced 2 days ago · 96% positive

Questions fans keep asking

What landed

Overwhelmingly appreciative and faith-driven, with viewers calling the teaching life-changing and only a couple of skeptical or nitpicking remarks.

jojomitchell547

1 month ago

My top 5 slots for the best teachers of our age: Brian Tracy, Jim Rohn, Myles Monroe, Les Brown, Myron Golden. (Zig ziglar is number 6 lol)

♥ 14126 replieson YouTube ↗

ZakiiyahMuldrew21351

1 month ago

I’m 22 i just found out about you today. Thank you Jesus I’ve learned so much

♥ 10410 replieson YouTube ↗

varnavousnarcisee6877

1 month ago

Myron your videos are definitely golden 🔥

♥ 40on YouTube ↗

TheAwakenedBaddie

1 month ago

You're amazing❤ It's hilarious that people call you and other teachers scammers when you literally teach us how to change our lives FOR FREE lmao.

♥ 391 replyon YouTube ↗

CamilleCoTV

1 month ago

You think making money is hard...because you only know how to do hard things to make money.

♥ 23on YouTube ↗

realaarontran

1 month ago

Wealth compounds when you stop relying only on your time and start building assets that can keep creating value without you.

♥ 22on YouTube ↗

perfect2the2ndpower

1 month ago

I'm sharing this with 5 people TODAY!!

♥ 20on YouTube ↗

TruthWillprevail13

1 month ago

🌹🕊️Jesus hear my prayers. I have two beautiful boys both have special needs. My husband passed away years ago. I continue to struggle to provide the basic necessities like food and clothing for my sons seemingly every month is a struggle. I have faith, you will provide, Lord Jesus. Amen.

♥ 203 replieson YouTube ↗

shreya4-14

1 month ago

You think making money is hard, because you only know how to do hard things to make money

♥ 16on YouTube ↗

JostenTV

1 month ago

Hopefully one day I can sit in that room live 👏

♥ 14on YouTube ↗

keymaker1348

1 month ago

TEACH Sir 🔥

♥ 14on YouTube ↗

abstracthere435

1 month ago

Watching this right now driving a car from 2008... lol i know what it's like to be poor but that is changing forever

♥ 12on YouTube ↗

JCharming

1 month ago

Predator of Purpose & Productivity. Unc be killing alliteration. 💪🏽👍🏽

♥ 8on YouTube ↗

youluv_precious

1 month ago

I’ve been learning so much from you Mr Golden ❤

♥ 7on YouTube ↗

CassyBCreative_TV

4 weeks ago

The life we desire to live starts with our words 📌

♥ 6on YouTube ↗

kananashanie3562

1 month ago

All the way from Kenya, lots of love Myron. Gift me your books sir.

♥ 6on YouTube ↗

marycordoba999

1 month ago

I believe Myron leg can be healed like the miracles that happened at Azusa street with William J Seymour

♥ 5on YouTube ↗

HeiLong76

1 month ago

Your lessons are Golden like your surname and so valuable to my entrepreneurial journey. The 4 pillars of success lessons got me started and help me with critical business decisions. More blessings to you Master mentor.

♥ 5on YouTube ↗

tshepoboyceemaphane9648

1 month ago

One day i want to be part of this audience, look out for me Myron! 😂

♥ 4on YouTube ↗

theaiwithprecious

1 month ago

Thank you so much sir 🎉

♥ 4on YouTube ↗

preciouschisom6456

1 month ago

Wow... how enlightening ✨️

♥ 4on YouTube ↗

abuja.blogger

1 month ago

This is so amazing Thank you sir

♥ 4on YouTube ↗

Saypreach_topic

1 month ago

Thank God for another week, Amen let's gooo

♥ 3on YouTube ↗

Olorunnisola01

1 month ago

Wisdom dished out effortlessly in a crystal clear manner! Thanks for sharing Myron Golden ❤!!

♥ 3on YouTube ↗

eyemobilize

1 month ago

Great explanation 💪🏾

♥ 3on YouTube ↗

MONEYWISEDOCTOR

1 month ago

Amazing stuff. Waiting list for Audiobook platform please. C'mmon Myron's team 😊

♥ 31 replyon YouTube ↗

Xceptionalpianist

1 month ago

🔥🔥🔥🔥🔥🔥

♥ 3on YouTube ↗

PinkCollarBrands

1 month ago

If it don’t make no dollas, it don’t make no sense 😅🤣

♥ 32 replieson YouTube ↗

NICKASTRO

1 month ago

When can we expect the launch of the book software ?

♥ 31 replyon YouTube ↗

Marsartgalleries

1 month ago

I’m reading this exact chapter in the book 📕 right now 🤗🦋and the irony is this was my homework to study what poor ppl do, and don’t do that .and study what wealthy ppl do and follow that model to the T. 🙌🏽🌈🎉🧚‍♂️💯

♥ 2on YouTube ↗

✦ Insights from this video

Read from the transcript · every timestamp jumps the player

In short

Myron Golden lays out his framework for why a few people build wealth while most don't: mindset times skill set times tool set equals assets, and income follows assets. He walks through his window-of-wealth diagram (have a job, own a job, own a system, sow money seeds), the financial house of the rich and the income-producing asset window, then makes the case for books, courses and software as "self-replenishing assets" that return 500 to 1,000 percent versus 6 percent on a rental house.

Chapters

Key points

01
Change your inputs, not your luck
Rich people don't have different luck, they have different inputs, and if you don't like your outputs you change the inputs and the outputs change automatically.
02
Four perspectives on money
Have a job, own a job, own a system, sow money seeds. Owning a job means you bought yourself 27 bosses instead of one; a system is something you own that pays you when you're not working.
03
The income producing asset window
Poor people send money straight out the outgo window as bills, middle class send it through wealth-reducing liabilities as debt, but the IPA window is the only window that puts money back into the house.
04
Blame gives away your power
Myron got polio because of segregation and walks with a brace, but he says there is no blame because God is sovereign, and saying your life doesn't work because of them hands them all your power.
05
Mindset x skill set x tool set
The three rich skill sets are critical thinking, communication and collaboration, and AI is the ultimate business leverage tool for automation and delegation.
06
Books as self-replenishing assets
A $3 book sold for $30 is a 1,000 percent return, and unlike a house you can sell the same book an infinite number of times.

Lines worth keeping

“That's not all life pays, that's just all life pays you.”
Sets up the whole premise that earnings are personal, not structural.
“If you don't like your outputs, change your inputs. And your outputs will change automatically.”
The single sentence Myron calls the most liberating thing he can say to anybody.
“A system is something that you own that pays you when you're not working.”
His working definition of the asset that separates owning a job from owning a system.
“The reason they're shooting arrows at my back is cuz they're behind me. I'mma slow down and talk to them?”
Captures his stance on critics and why he refuses to let them set his pace.
“I do the work once and get paid on it for the rest of my life.”
The core economics of the intellectual property assets he recommends building.

What to do next

1
Put some money into your income producing asset window every time you get paid, even a dollar.
So that when the deal shows itself you are already prepared, even if you don't yet know what the asset will be.
2
Keep your job while you acquire a system that pays you when you're not working.
Owning a system takes your time out of the income equation instead of trading it away.
3
Decide that nothing is so hard you can't learn it.
You landed on this planet knowing nothing and learned everything you now know, so the things you can't do yet are your greatest opportunity.
4
Find collaborative partners who are good at what you're bad at and love what you hate.
Almost every major life upgrade Myron has had came directly from a new collaborative partner.
5
Create a self-replenishing asset like a book, course or software rather than a one-sale asset.
You do the work once and can sell it an infinite number of times, unlike a house you can only sell once.

Mentioned in this video

PersonJim RohnQuoted twice, for the "that's just all they pay you" story with Earl Shoaff and for the idea that profits are better than wages.
PersonEarl ShoaffJim Rohn's mentor who challenged him on why a strong 25-year-old was broke in America.
BookWho Not HowDan Sullivan and Ben Hardy's book, cited for replacing "how do I do this" with "who can assist me with this".
BookFrom Trash Man to Cash ManMyron's earlier book where the wealth window diagram first appeared, and one of the two books driving daily sales.
BookBoss MovesHis 2021 book, sold at bossmovesbook.com for $29.99 and used as the worked example of a 1,000 percent return asset.
ScriptureKing James 1611 BibleUsed in his Jehovah's Witness story to point out the letter J didn't exist in English in 1611.
CompanyAppleContrasted as an asset he doesn't control versus putting the same money into marketing his own books.
ReferenceSales MovesA home study course on sales he is currently creating as another self-replenishing asset.

This video answers

?Why does working harder at a job not make you wealthy?
?What is the difference between owning a job and owning a system?
?How should money flow through your finances if you want to get rich?
?What kinds of assets give the highest return, and why does Myron prefer books over real estate?
?How should you think about racism, haters and circumstances holding you back?

? Ask this video

Answers come from this transcript only

Ready-to-post clips

Picked from the transcript · grow every other platform from this one

YouTube Shorts1:06–1:47 · 41s
“That's not all they pay. That's all they pay you.”
A tight, punchy mentor story with a reversal line that reframes low income as a personal choice, not a fixed rate.
The question a mentor asked that ended every excuse about not making enough money.
Instagram Reels25:04–25:53 · 49s
“I walk with a brace because of racism. They're still not to blame.”
A raw personal story with a shocking turn that challenges the blame mindset without dismissing the injustice.
He got polio because of a segregated hospital, and still refuses to blame anyone.
TikTok51:08–51:52 · 44s
“It costs me $3 to print. I sell it for $30.”
A concrete, repeatable number contrast that lands the self-replenishing asset idea in under a minute.
Real estate returned him 6% a year. This asset returns 1,000% and never runs out.