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	<title>My Decade-Long Journey To Five Million &#187; mindset</title>
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	<description>5 Million Dollars. 10 Years. This is the story of my journey.</description>
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		<title>The Danger of The &#8220;Either/Or&#8221; Mindset</title>
		<link>http://blog.5m10y.com/2008/09/17/the-danger-of-eitheror-mindset/</link>
		<comments>http://blog.5m10y.com/2008/09/17/the-danger-of-eitheror-mindset/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 12:25:42 +0000</pubDate>
		<dc:creator>5m10y</dc:creator>
				<category><![CDATA[Wealth]]></category>
		<category><![CDATA[mindset]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://blog.5m10y.com/?p=265</guid>
		<description><![CDATA[Go to any forums or blogs about salary, wealth building, or personal finance, and I can almost guarantee that you&#8217;ll see people with this &#8220;either/or&#8221; mentality making comments like these: &#8220;He might be rich, but he may not be happy.&#8221; &#8220;What&#8217;s the use of having a lot of money if you have no life?&#8221; &#8220;I [...]]]></description>
			<content:encoded><![CDATA[<p>Go to any forums or blogs about salary, wealth building, or personal finance, and I can almost guarantee that you&#8217;ll see people with this &#8220;either/or&#8221; mentality making comments like these:</p>
<ul>
<li>&#8220;He might be rich, but he may not be happy.&#8221;</li>
<li>&#8220;What&#8217;s the use of having a lot of money if you have no life?&#8221;</li>
<li>&#8220;I have to backstab and play politics, which I don&#8217;t like, but I have to do this for my career and wealth.&#8221;</li>
<li>&#8220;She may be rich and powerful but no man would want her!&#8221;</li>
<li>&#8220;I value my health. I won&#8217;t destroy it just for money.&#8221;</li>
<li>&#8230; and gazillion other examples.</li>
</ul>
<p>Oh well geez. Set a higher standard for yourself, will ya? How about aiming to become rich AND happy? How about aiming to have lots of money AND lots of life? Let&#8217;s see, <a href="http://en.wikipedia.org/wiki/Donald_Trump">Donald Trump</a>. <a href="http://en.wikipedia.org/wiki/Richard_Branson">Richard Branson</a>. Heck, <a href="http://en.wikipedia.org/wiki/Hugh_Hefner">Hugh Hefner</a>! Just 3 guys who have more money than 99.999% of the Internet users (including me), and have more &#8220;happening&#8221; lives than 99.9999999% of the Internet users (definitely including me). How about becoming rich AND healthy? </p>
<p><a href="http://blog.5m10y.com/wp-content/uploads/2008/09/having_your_cake.jpg"><img class="alignleft size-full wp-image-266" title="Having Your Cake And Eating It Too" src="http://blog.5m10y.com/wp-content/uploads/2008/09/having_your_cake.jpg" alt="" width="500" height="335" /></a>It&#8217;s weird. People have no problem imagining happy AND healthy. People have no problem imagining &#8220;having a life&#8221; (whatever that means), AND keeping one&#8217;s health. People have no problem imagining being a super backstabber in the office AND being a loving mother at home. </p>
<p>But throw MONEY into the equation, and suddenly everything is flipped from &#8220;AND&#8221; to &#8220;EITHER/OR&#8221;. Suddenly you can&#8217;t have money AND be healthy. You can&#8217;t have money AND have a life. You can only pick one! Something is really screwed up with our social programming, I think.</p>
<p>I say that setting our expectation on &#8220;either/or&#8221; is <em>really </em><em>shortchanging ourselves</em>.</p>
<p>Imagine what will happen if a guy has the belief that to become rich, one MUST be a mean backstabbing machine? In the end either we&#8217;ll get (a) a guy who&#8217;s rich but hated by everybody because he backstabs his way to the top, or (b) a nice guy who never becomes rich because he doesn&#8217;t want to be a backstabber. I have to admit that as long as the guy is not me, I prefer option (b). But he&#8217;s really shortchanging himself, don&#8217;t you think?  </p>
<p>IMHO, it&#8217;s really important to start with the right mindset. Wealth? Happiness? Heck. Go for both!</p>
<p><em>(Image courtesy of </em><a href="http://www.flickr.com/photos/rkeetch/2554184000/"><em>That Guy Who&#8217;s Going Places @ flickr</em></a><em>)</em></p>
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