Why Do Millionaires Have Stereotypes?

Stereotypes and misconceptions are all brought upon by people who have little to no knowledge of that group. Misconceptions are faulty views or opinions of a certain group such as owning passed down companies and being happier or smarter than everyone else, which Millionaires are often misconceptualized as. Stereotypes are fixed and oversimplified images or ideas of a group, many have, the fixed idea that millionaires are greedy, arrogant, and lucky. Stereotypes start usually started to narrow down someone characteristics, which then lead to misconceptions. Even though many millionaires do own companies that are passed down without their intelligence and hard work the company would go not anywhere. We do not see all the work that goes into
I can tell you first hand, I would rather get lucky but the reality of it, is a million dollars will not be handed to me. You have to be willing to go out there and do the work. I have to be self motivated and have faith that my hard work will pay off. I am often viewed as greedy because I do not waste a lot of money, but i save up that money and invest it into my companies. Within my family nobody has reached the million dollars and whenever i talk to my family about the millionaires i follow all they respond with is “They are lucky”. “Lucky” to have 300,000 dollar cars, “Lucky” to have a 800,00 dollar house, but were they “Lucky” when they were homeless?. I myself do a lot of research on people the people who I follow and read their stories. I know most of the things they have gone through to get to a millionaire statues. Most have gone from rags to riches. I have learned that I have to be willing to burn my bridges and learn from mistakes. I have been around millionaires and they are not like most of the people you encounter everyday. Great manners along with advanced vocabulary are just the first things you will notice. They do not like to sit around, constantly on their phone. When we think of people on their phone we mostly imagine people liking other peoples post or just scrolling but millionaires are
This was something I and Mr. Green a local business discussed. When I asked him if he had rough start he replied with a smile “Nobody believed in me, they thought it was impossible but i was willing to but my blood, sweat and tears into this brand”. That was when he decided to ignore anyone and everyone who would not benefit his future. That is when the bad reputation of millionaires comes in. Millionaires are willing to get people out of their life if it will affect their goals. They are very honest, if they have something to tell you they will, because their future is in the line. Sometimes their honesty can hurt those around them. Time is very valuable to them and they will let you know if you are wasting their time. Millionaires time management is tough, according to Entreprenuer.com when they added “Being your own boss doesn’t mean you stop punching time cards - it just means you make the cards” ( “The 4 Golden Rules of Millionaire Time Management” 1). Most millionaires own a business, which means they can set their times to work. They usually do not have a schedule, they just work when they want. Millionaires are simply human machines. I do not agree with the bad reputation they have because time is very valuable. As a business person myself, time wasting has to be avoided at all times. It is also good to be honest regardless if you do not agree with the person's opinion it can be helpful in the future,