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Podcast 72: How Rich People Think, Steve Siebold

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On today’s episode of the Consumerism Commentary Podcast, Tom Dziubek talks to Steve Siebold, professional speaker, mental toughness expert and author of the book How Rich People Think.

In the interview, Steve discusses his definitions of “middle class” and “world class,” and how members of these two classifications differ when it comes to making financial decisions. The middle class should think like the world class, and Steve discusses several examples of how the middle class can change their mindset.

Consumerism Commentary Podcast #72
How Rich People Think, Steve Siebold: S03E20 / 93

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Table of contents

[00:00] Introduction from Tom Dziubek
[00:30] Interview with Steve Siebold
[00:43] Steve’s background
[01:49] Interviewing millionaires
[02:35] Are millionaires “rich?”
[03:11] Defining the “middle class” and “world class”
[05:07] Whether middle class people should think like world class
[05:54] The financial approaches of middle and world class
[07:21] Hard work vs. leverage
[08:41] Working as smart as possible
[11:05] Defining leverage
[13:39] World class focus on earning and investing
[16:10] Outstanding performance
[17:50] How it’s possible to think like the world class
[21:27] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Updated February 6, 2012 and originally published September 5, 2010. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 4 comments… read them below or add one }

avatar The Yakezie

Awesome Steve! I’m glad you highlighted that the rich are a minority and get DISCRIMINATED against as well! This is why I think it is wrong to tax people more who make more money more than someone who makes less.

Let’s fight for equality!

Where did you play college tennis Steve? We should play sometime!

Sam

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avatar shweta

mr steve oh god! what he well said i never forget these secrets. difference between “middle class” and “world class” well defined from mr steve.i like all the 177 thougness secrete of world class
thank you very much……..

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avatar Shahar ♦110 (Cent)

Sounds a lot like T. Harv Eker’s Secrets of the Millionaire Mind…
Tom, why didn’t you ask him exactly how he made $100,000 in four days, with an email message? Shouda been the inevitable follow-up question, if you ask me.

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avatar Cashflow Queen

Steve is spot on about the rich having a stronger belief system. Its not rocket science people, if you want to become wealthy upgrade your beliefs in your abilities and learn how to leverage EVERYTHING for monetary gain. Great podcast interview Tom!

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