Advertisements

New Psychological Studies: How The Wealthy Really Are Different From Everyone Else

"The rich don’t go with the flow"

The author F. Scott Fitzgerald is credited with saying: “The rich are different from you and me.” And Ernest Hemingway is supposed to have responded: “Yes, they have more money.” In fact, the actual words Fitzgerald used in his short story “The Rich Boy” (1926) are: “Let me tell you about the very rich. They are different from you and me. They possess and enjoy early, and it does something to them, makes them soft, where we are hard, cynical where we are trustful, in a way that, unless you were born rich, it is very difficult to understand.”

People have always suspected that the rich are somehow ‘different,’ not only in terms of what they possess, but in their personalities. However, there are not many scientific studies that can either confirm or refute this thesis – neither in the United States, nor in Europe. Now, a team of six German economists and psychologists has conducted a large-scale study: They interviewed 130 wealthy individuals and used the results to derive a psychological profile, which they compared with the population as a whole.

Big Five Test

Of the various models developed by psychological researchers to describe personality types, it is the Big Five model that has largely come to dominate over the past few decades. This latest wealth study used a condensed version of the Big Five test to distinguish between five core personality traits:

Conscientious: Describes people who are thorough, meticulous, diligent, efficient, well organized,  punctual, ambitious and persevering.

Neuroticism: Individuals with a high degree of Neuroticism tend to be nervous and frequently worry about everything and anything that could possibly go wrong. They tend to react impulsively and, overall, are not particularly psychologically stable.

Agreeableness: Individuals with high levels of Agreeableness have a pronounced desire for harmony; they have a tendency to back down too quickly and are frequently too trusting.

Extraversion: Individuals with high Extraversion are talkative, determined, enterprising, energetic, and courageous.

Openness to Experience: Individuals with high Openness to Experience are imaginative, creative, and curious.

When you compare the personality traits of the general population with those of the researchers’ wealthy interviewees, the following patterns emerge:

  • The rich are emotionally more stable, and therefore less neurotic
  • The rich are especially extraverted
  • The rich are more open to new experiences
  • The rich are less agreeable, which means they less likely to shy away from conflicts
  • The rich are more conscientious.

In addition to the Big Five test, the researchers also investigated two other personality traits: narcissism and internal locus of control. Their findings:

  • The rich are more narcissistic
  • The rich exhibit a stronger internal locus of control. This means that they are more likely to agree with statements such as “I determine how my life turns out” than they are with statements like “What you achieve in life is mainly a question of luck or fate.”

What Makes the Superrich Tick

The results of this latest wealth study are consistent with those of my doctoral dissertation on “The Wealth Elite,” which was based on interviews with 45 wealthy individuals. With only a few exceptions, most of the interviewees were self-made millionaires, and the ‘poorest’ were worth between 10 million and 30 million euros. Most, however, were worth significantly more, between 30 million and one billion euros, and some even more.

This study on the psychology of the superrich also came to the conclusion that the rich are psychologically very stable (i.e. not very neurotic). It also showed that they are particularly open to new experiences, more extraverted, more conscientious – but not necessarily agreeable.

In contrast to the recent survey of 130 wealthy individuals mentioned above, the study of the superrich involved in-depth interviews of between one and two hours each. In addition, the superrich interviewees not only completed a condensed version of the Big Five test, they took the detailed version with 50 questions.

One of the key findings was that the superrich are frequently nonconformists. They enjoy swimming against the prevailing current and have no problem contradicting prevailing opinion. Another result: the superrich are more likely than others to make decisions based on gut feeling. They tend to rely more on intuition than on detailed analysis.

And, most importantly, they have a completely different approach to dealing with defeats and setbacks than most people. Across the population at large, people like to take credit for their successes while looking to assign the blame to others for defeats and setbacks. In this, the superrich are quite different, as the interviews showed: They seek to identify the causes of setbacks in themselves, not in external circumstances or other people. This gives them a feeling of power: “If the fault lies with me, I can change it. I am in control of my own life.” There are many reasons why some people succeed in becoming rich and others don’t, but the specific combination of personality traits that both studies identified is certainly one of the reasons. Rich people become rich because they act differently from others. And they act differently because they think, make decisions and react differently than most people. Apparently, Fitzgerald was right: “The rich are different from you and me.”

I was awarded my first doctorate in history in 1986 and my second, this time in sociology, in 2016.

Source: New Psychological Studies: How The Wealthy Really Are Different From Everyone Else

Advertisements

11 Secrets Of Irresistible People

Image result for Irresistible People

Some people, regardless of what they lack—money, looks, or social connections—always radiate with energy and confidence. Even the most skeptical individuals find themselves enamored with these charming personalities.

These people are the life of every party. They’re the ones you turn to for help, advice, and companionship.

You just can’t get enough of them, and they leave you asking yourself, “What do they have that I don’t? What makes them so irresistible?”

The difference? Their sense of self-worth comes from within.

Irresistible people aren’t constantly searching for validation, because they’re confident enough to find it in themselves. There are certain habits they pursue every day to maintain this healthy perspective.

Since being irresistible isn’t the result of dumb luck, it’s time to study the habits of irresistible people so that you can use them to your benefit.

Get ready to say “hello” to a new, more irresistible you.

1. They Treat Everyone With Respect

Whether interacting with their biggest client or a server taking their drink order, irresistible people are unfailingly polite and respectful. They understand that—no matter how nice they are to the person they’re having lunch with—it’s all for naught if that person witnesses them behaving badly toward someone else. Irresistible people treat everyone with respect because they believe they’re no better than anyone else.

2. They Follow The Platinum Rule

The Golden Rule—treat others as you want to be treated—has a fatal flaw: it assumes that all people want to be treated the same way. It ignores that people are motivated by vastly different things. One person loves public recognition, while another loathes being the center of attention.

The Platinum Rule—treat others as they want to be treated—corrects that flaw. Irresistible people are great at reading other people, and they adjust their behavior and style to make others feel comfortable.

3. They Ditch The Small Talk

There’s no surer way to prevent an emotional connection from forming during a conversation than by sticking to small talk. When you robotically approach people with small talk this puts their brains on autopilot and prevents them from having any real affinity for you. Irresistible people create connection and find depth even in short, every day conversations. Their genuine interest in other people makes it easy for them to ask good questions and relate what they’re told to other important facets of the speaker’s life.

4. They Focus On People More Than Anything Else

Irresistible people possess an authentic interest in those around them. As a result, they don’t spend much time thinking about themselves. They don’t obsess over how well they’re liked, because they’re too busy focusing on the people they’re with. It’s what makes their irresistibility seem so effortless.

To put this habit to work for you, try putting down the smart phone and focusing on the people you’re with. Focus on what they’re saying, not what your response will be, or how what they’re saying will affect you. When people tell you something about themselves, follow up with open-ended questions to draw them out even more.

5. They Don’t Try Too Hard

Irresistible people don’t dominate the conversation with stories about how smart and successful they are. It’s not that they’re resisting the urge to brag. The thought doesn’t even occur to them because they know how unlikeable people are who try too hard to get others to like them.

6. They Recognize The Difference Between Fact And Opinion

Irresistible people handle controversial topics and touchy subjects with grace and poise. They don’t shrink from sharing their opinions, but they make it clear that they’re opinions, not facts. Whether discussing global warming, politics, vaccine schedules, or GMO foods, irresistible people recognize that many people who are just as intelligent as they are see things differently.

7. They Are Authentic

Irresistible people are who they are. Nobody has to burn up energy or brainpower trying to guess their agenda or predict what they’ll do next. They do this because they know that no one likes a fake.

People gravitate toward authentic individuals because they know they can trust them. It’s easy to resist someone when you don’t know who they really are and how they really feel.

8. They Have Integrity

People with high integrity are irresistible because they walk their talk, plain and simple. Integrity is a simple concept but a difficult thing to practice. To demonstrate integrity every day, irresistible people follow through, they avoid talking bad about other people, and they do the right thing, even when it hurts.

9. They Smile

People naturally (and unconsciously) mirror the body language of the person they’re talking to. If you want people to find you irresistible, smile at them during conversations and they will unconsciously return the favor and feel good as a result.

10. They Make An Effort To Look Their Best (Just Not Too Much Of An Effort)

There’s a massive difference between being presentable and being vain. Irresistible people understand that making an effort to look your best is comparable to cleaning your house before company comes—it’s a sign of respect for others. But once they’ve made themselves presentable, they stop thinking about it.

11. They Find Reasons To Love Life

Irresistible people are positive and passionate. They’re never bored, because they see life as an amazing adventure and approach it with a joy that other people want to be a part of.

It’s not that irresistible people don’t have problems—even big ones—but they approach problems as temporary obstacles, not inescapable fate. When things go wrong, they remind themselves that a bad day is just one day, and they keep hope that tomorrow or next week or next month will be better.

Bringing It All Together

Irresistible people did not have fairy godmothers hovering over their cribs. They’ve simply perfected certain appealing qualities and habits that anyone can adopt as their own.

They think about other people more than they think about themselves, and they make other people feel liked, respected, understood, and seen. Just remember: the more you focus on others, the more irresistible you’ll be.

What other qualities make people irresistible? Please share your thoughts in the comments section below as I learn just as much from you as you do from me.

Travis co-wrote the bestselling book Emotional Intelligence 2.0 and co-founded TalentSmart.

I am the author of the best-selling book Emotional Intelligence 2.0 and the cofounder of TalentSmart, a consultancy that serves more than 75% of Fortune 500 companies an…

Source: 11 Secrets Of Irresistible People

These 15 Behaviors Will Make You Almost Irreplaceable At Your Workplace – Nina Angelovska

1.jpg

Probably at our workplaces we have all heard many times that “no one is irreplaceable”, though it is more likely to hear it more often in big corporations where people are still considered as “positions”. However it is not the technology, the product or the process that makes a company great, it is the people behind that great solution. And while some might think that “irreplaceable” is a very strong statement I think everyone would agree there are some people who make themselves very difficult to replace. These are the people who enjoy a competitive advantage because they are an invaluable asset to any company……..

Read more: https://www.forbes.com/sites/ninaangelovska/2018/10/30/these-15-behaviors-will-make-you-almost-irreplaceable-at-your-workplace/#7e3cf4911a54

 

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

%d bloggers like this:
Skip to toolbar