Free seminar will delve into 'How Rich People Think'

Published: Thursday, January 31, 2013 at 7:27 p.m.
Last Modified: Thursday, January 31, 2013 at 7:27 p.m.

A professor in the College of Medicine at the University of Florida is hosting a free seminar on the content of a controversial book Tuesday at Magnolia Park.

Using the concepts outlined in Steve Siebold's book, "How Rich People Think," Dr. Kyle Rarey, 64, will discuss the different ways millionaires think about money and success.

Siebold's work, which has been featured on the Today Show, Good Morning America, CNN, NBC, ABC, and FOX, is well-known for asserting that millionaires think differently.

"It's controversial," Rarey said. "Some people don't believe there's a difference in the thought process of millionaires."

Rarey said he first became intrigued by Siebold's book when he learned the backstory.

"This book, interestingly enough, is based on over 1,200 interviews with millionaires and billionaires. (Siebold has) done 29 years of research for it," Rarey said.

According to Rarey, Siebold would ask millionaires simple questions, like "What did you do to get rich?" or "How do you think about money?" He recorded the responses and started to notice the differences in their thinking.

They knew how to solve problems, Rarey said. They persisted, had strong work ethics. They had an unlimited view when it came to earning potential.

Anne Apt, one of several development directors at the UF College of Medicine, said she's noted similar observations.

"These people are not your typical person. They expect the best, not just of others, but of themselves," she said.

She plans on going to Tuesday's seminar.

The ultimate goal is to share the contrast and help people see the issue from a different perspective, Rarey said.

Rarey said he believes hard work makes money. Growing up on a farm in Indiana, he worked sunrise to sunset. He was the first to go to college from his family.

There's always a chance to learn, he said.

"The idea of the seminar is that the book's ideas can help be a turning point for people," he said. "It increased my awareness. For others, it can too."

Rarey's free seminar begins at 7 p.m. in Suite 201, 3951 NW 48th Terrace, in Magnolia Park. The public is welcome to attend; no RSVP is required.

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