Why poor people getting poorer? Australian CEO blames 'poverty thinking' for it

A major controversy interupted on the internet over Joseph Darby, CEO at Become Wealth, claiming that 'poverty thinking' is one of the reasons that allow rich to get richer and the poor to be poorer.

In a post on LinkedIn, the CEO said "The rich are getting RICHER. While the poor are getting POORER.
(But why?) It all boils down to mindset."


The CEO has listed few reasons that according to him are behind the phenomenon. "Blame circumstances, focus on short-term, buy liabilities, want the cheapest, think "I can't afford that", dwell on problems and poverty thinking," listed the CEO as reasons.

When it comes to the people who are rich, the CEO claimed that they create opportunities, plan for generations, invest in assets, seek the best value, find solutions with abundance mindset.

"Now I’m not saying that external factors don’t play a role in wealth disparities. But here's the thing: your financial destiny is not set in stone. Elon Musk, Oprah, and any number of other successful self-made people all faced massive challenges. But they didn’t let that stop them," continued the CEO further in the LinkedIn post.

"You too have the power to break the cycle. And it all starts with taking responsibility for your life and refusing to play the victim. Instead of saying "I can't," start asking "How can I?" Because it’s not about where you start, tt’s about where you’re headed," said the Australian CEO.

Who is Joseph Darby?

A former Army Officer of 15 years, Joseph has spent several years in the Middle East. Joseph has been a member of the team for eight years and spends most of his time in Auckland.