If you earn less than €10,000 a month, you’ve probably fallen victim to one of the nine money lies revealed in this article. For years, authoritative voices, whether your teachers, parents, friends, or even YouTube influencers, have been spreading untruths about money and how to earn it. These lies have a single objective: to convince those who doubt the possibility of escaping poverty.
Lie 1: “It’s too late to get started”.
One of the biggest obstacles is the belief that all opportunities are already taken. This lie, devious in its apparent truth, can hold a lot of people back. The idea that everything has already been explored, that markets are saturated, is based on our brain’s hindsight bias. It leads us to believe that what has already happened was inevitable, when in reality, the future is full of opportunities. Trusting our projections is crucial to breaking this lie.
Lie 2: “It takes money to make money”.
This myth is particularly pernicious because it was true in the past. Today’s entrepreneurs show that the situation has changed. It’s possible to get started with limited financial means, especially in today’s world of online opportunities. Don’t let lack of money stop you, because it’s the project that generates money, not the other way around.
Lie 3: “To become rich, you have to sacrifice your health, your family, your happiness”
The idea that wealth requires extreme sacrifice is a nonsense. Health, family and happiness should not be sacrificed for financial success. Studies even show that wealth is positively correlated with happiness, health and social relationships. Don’t fall into the trap of linking financial success to excessive compromise.
Lie 4: “To get rich, you have to make someone else poorer”.
This lie often influences political thinking. Paul Graham emphasizes the difference between money and wealth. Wealth is value, goods and services, and it can be created without impoverishing others. There’s no cake to divide. By becoming an entrepreneur, you help create more wealth for everyone.
Lie 5: “If it were that easy, everyone would do it”.
This discouraging phrase needs to be turned on its head. Many people don’t go into entrepreneurship, not because it’s difficult, but because they don’t have the will to take risks. The reality is that hard work and perseverance are the real keys to success, not apparent difficulty.
Lie 6: “Starting a business is easy”.
In contrast to the previous lie, believing that starting a business is easy can lead to failure. Success in the business world requires hard work, perseverance and continuous improvement. The complexity of entrepreneurship should not be underestimated.
Lie 7: “I’ll take the plunge once I’ve come up with an idea”.
The pre-launch idea is a common mistake. The first idea you have probably won’t be the best one. It’s better to launch with an existing idea, start moving forward and let action lead to the evolution of ideas.
Lie 8: “I’ll get started once I’ve finished…”.
The trap of waiting until everything is perfect or finished is a dangerous one. There’s never a perfect time. It’s best to start with what you have and adjust as you go.
Lie 9: “You have to be lucky to get rich”.
Although luck may play a minor role, perseverance and effort are far more decisive. In the long term, the odds become almost negligible thanks to the law of large numbers. The more you try, the greater your chances of success.
Don’t let these lies define your financial outlook. Break with limiting beliefs and dare to take calculated risks. Financial success is within reach of those who challenge these preconceived ideas about money. You have the power to change your financial destiny.
">Moderateur
Follow on X
Send an email
