Topic: If you want to be wealthy you need action - page 7. (Read 1811 times)

One can gain knowledge by reading books but only with that knowledge one cannot do well in real life if one does not have skills. so if one wants to earn a lot of money then he needs a lot of skills. And he has to use those skills to take different actions and that is how he gradually becomes resourceful. But if one leads a lazy life and develops no practical skills besides book knowledge, it is very difficult for him to become wealthy unless he inherits wealth.

You spoke valuable words and follow-up words that can never be compared to anyone else. To grow up in life it is very important to listen to the stories of people's failures because through it a person will be careful of those mistakes and try to act in other good ways. I read a book where it says exactly the same thing as you, that the more people who fail, the better the society will be and the better the way to build a life. And one thing we know is that the more fruit the tree bears the more the tree bows its head. So, as a human being we can learn from the tree that the deeper the knowledge the more flexible the human being.

Reading books is a good thing, it can even influence your next steps because there is a lot of knowledge or theory that you can get from reading the book. It cannot be denied that there are theories that are difficult to implement, but making moves without knowing the basis of the theory you will probably make mistakes, so don't lose the usefulness of reading books and what must be added is action, because with action you can implement the knowledge that is known, because knowledge without action is zero and action without knowledge can lead you to mistakes in action, so the two cannot be separated.

There are many failures that we encounter when pursuing success and it may not be easy to get back up after experiencing ups and downs in the process.
I listened to several experiences of entrepreneurs who experienced failure many times but their never-give-up spirit led them to the process of success and now they are enjoying the process.
But we also have to remember, when we start from the bottom and our capital availability is not enough, finding success is very difficult because failure will force us to stop because there is no capital to start again.

That's why it's important to look at things based on capabilities that can be implemented and when we want to develop a business, for example, we must really master the business and have good prospects in the long term.

Haven't heard of index investing, is this like index funds investing? Because if it is index funds then I agree with you, that's probably the only reason that you should consider putting money in the bank because they're definitely a good passive income for you, maybe the only problem is that it's still in the bank but you can never really worry too much about it but then again the passive income potential of index funds is just too much to pass up if you know what I'm saying. DCA is definitely the most recommended thing that you can do when you're investing in bitcoin given how expensive it is, you're going to be in a good standing if you do this DCA routine for the long-term that would mean that it's going to yield you profits you can never imagine.

As a guide and start, theoretical knowledge from wherever you've acquired that is a good to start with. But in the long run, you'll have to deal with a better experience through the use of that and you'll learn something new from that. You'll see the application of that theoretical knowledge that you've got and you will become a better person by having it. So, with all of that time that you'll get to apply your knowledge, the experience of mistakes and hardships will be combined together and you are the one to say that it's worth it whichever is the result of it. Time after time, you'll recognize the importance of getting through a failure because every success that a person has, there's a failure behind it.

From planning phase, to execution, to gaining experience and all of those stuff. You have to combine all of those factors and elements for your own learning. And from there, you will be happily sharing that with your future prospects and people that would like to hear your failure and success story. Don't just listen to the winning and success stories but also learn from the mistakes and failures of the others because the lessons are to be found there. Without such, you'll not realize and appreciate the results of good life that you are having and if it resulted to you being a wealthy person. You will think of staying on the ground as most of the wealthy people are humble and down to Earth.

Above all we need to make proper use of the knowledge and experience we have to grow or succeed without wasting any time. The theoretical knowledge we have will help us to take any step and the experience will help us to guide us in the right direction. Therefore with the hope of success one should ensure the correct use of all the elements and get to work because hope is the principle of moving forward for people.

When someone experiences failure on the first try, of course this will make it difficult for someone who is mentally weak to try again, but for those who have a growth mindset, of course this will make them find out where they made a mistake so they can correct it and try again until they they achieve what they want to be realized.

Choosing to give up and not continue with the plans we have made is sometimes a good thing, because if we force ourselves to do this we might experience failure which will make it harder for us to face and I think giving up is indeed the right choice.

When you think that your plans are going to work, and you start to see its failure within the first tries. It's fine not to give up but when you have done attempts several times and it's still not working, you may consider to change your plans and not to give up.

Sometimes I advise people if their best option is to give up even if they've got detailed plans and executions, they can give up if that's going to give them peace of mind.

Remember that wealth can't be measured if you have no peace of mind and it's draining you up to your soul.

Failure is also an experience. To get to the desired point without gaining experience, you either need to get great help or all your moves must be in the right way. In some cases, failure matures a person and allows us to make more logical and sound decisions. If we are going to take action and have a plan, our previous experiences have an impact on the formation of this plan.

Another important point is not to give up. We must make our best plans and work well for our goal. Acting in a planned manner often leads to the goal.

Yeah. Failure is part of the process. However, in any case where success happens, such a person will definitely have a hard time during that process of achieving what he has today. So the best is to keep up; no give up, because if you do, then seriously, you will be the one to blame yourself at the end. So since it is always true that we must experience failure before we can be able to arrive at success, that shows that we should be able to find solutions to any obstacles along the road to success. We shouldn’t say that because his suffering is too much, we will not do it again. If people who we are benefiting from did the same back then, we would be the ones suffering now.

Though when we look at some aspects, we know that it is not really easy for some hustlers, but that is the only way to make it in life. Then definitely we should follow it like that, and we should make sure we are doing the right thing so we can get to success whatever the condition will bring, as long as it will not affect our health and lifestyle. I don't think there is anything bad if we continue pursuing our business or anything we do to make money. 

If you wont be able to experience failure then you never learn and this is the basic principle in life that everyone would really be able to experience and this is something that inevitable. Therefore, in case you do experience these challenges then you would really be needing up to adjust accordingly and would be applying those life learn lessons that you do able to encounter so that you could really be able to sustain yourself forward ahead.
Some people do really expect that they would really be making themselves getting rich or having that better life without doing anything which is really that absurd. As we do all know that when it comes to success then it comes with hardwork and wise decisions on whatever  things that you are getting involved with. You would really be needing up that action and not really just that making yourself having those imaginations on which we know that things couldnt happen if you wont really be taking any hard work.

Each person would really be having that different situation or condition and those factors that they might be able to face on. This is why luck factor would really be still playing out with this kind of
situation where success isnt something that could be obtain by anyone who do tend to pursue it but of course it would be better that we should try. You wont really be having that kind of progress
if you wont be taking any action. You would really be remain to be poor if you would really be just that contented to be that way but since each person is different then there are ones who are mindful
and there are ones who dont care about their situation.

Let me tell you biggest truth about money and wealth.
You get what you feel is small for you you think something is huge then it's higher then your level of mentality are.
Your reality will be in your life what your brain see as normal thing for you so that's why you need to level up yourself so success is like gym work out training you follow the plan and stick with it and you learn from the mistakes.
You get something only If you feel you bigger then this thing you have or you want,you don't get bigger things then you are If you might be lucky and win you most likely will lose it If you don't lose all then most of it.
So you want to get and operate well with money let's say 500k... Then you have to stand higher above of this money If too much emotions and exitment than this could be too much for you.
Your highest goals will never fullfill you might get only 50% so If your goal are to get 1 mil.. then 100k is your reality.

Also more you have money more experinces you start having and more you want to make but more catious you need to be If you want to be selfmade like me don't belive anyone don't listen anyone just learn along the way by your own experinces.

Btw you can take all the wealth in the world and share between wealthy and poor equally but you will see poor will lose it soon and rich will get that in their Hands again you can try this over again many times but same thing will be happening equally shared wealth between poor and rich even If you take it more away from rich and give to poor people you will see that will be on hands of rich later again and you will need to money again to poor people again because they will be out of money.
That's why the socialist countries models works only short time and society will need higher taxes over time because no matter how much you try to take away from the wealthy the money keep coming back to them.

Wealth comes from 30% knowledge and 70% action.

You need to understand that everything is a job when money's involved, it all just boils down on the fact that you need to really work for your money, it's just that you have to choose which vocation you really wanna make bank with. And then from there, work like crazy, live below your means, and always be very mindful of your expenses and savings. Soon enough, you'll realize that the money's gonna ramp up, and next thing you know, you're rich as they come.

Self-help books that teach you how to earn, how to manage, and how to grow your earnings is going to help a lot as well, I would suggest books written by Robert Kiyosaki as those really helped me understand how the concept of money works and how I can make it work for me, but whichever really works for you really, at the end of the day, it's all a matter of preference and your money is always going to come from your work, not from what you know. This has got to be one of the few posts in this forum that I totally agree with.

Failure is one of the things that must happen in the process of achieving success and in my opinion failure is one of the formulas for success because no one can be successful all at once without experiencing failure first. What you say is true, if we want to be successful then we have to be prepared for everything that will happen, including failure, of course failure should not be the thing that makes us stop trying, because there are people who run a business or business but when they do that experience failure and they don't consider first taking the final step, namely to stop and end the business they are running, of course that is not right.

When the business we run fails, we have to be able to fix it by looking for where the problem is so that it can be used as a lesson and not repeated in the future. Therefore, before starting a business, we must have good skills and knowledge by asking other people who are experienced or looking for information online because now we can look for any information just by using a cellphone, as long as we have the will to do it. Just move forward and success can happen.

Failure will make us better prepared in the future, and it is true that it is part of a process. and usually someone who experiences failure will be much better when they achieve success, I mean they have experienced something bad, so they will be able to learn from their mistakes in the past.
This is an important point that I want to convey, when someone starts from the bottom and gets a lot of failures, then they will get used to it. When they are successful, it doesn't mean they will be successful forever, there could be something that will make them fall. And when that all happens they will know what they have to do if they are required to start from 0 again. This is an experience that will be a very meaningful lesson.

Yes, bro, because achieving success is not easy, each has its own process, we have to be willing to go through it all to achieve success, success is not just about money, success can come from wherever we want to achieve it, success in achieving wealth with be more active in working and opening a business or business consistently and not following other people, it must be with our own stance, because no matter how we live, other people judge us, we just have to try as hard as possible without having to listen to other people who judge us. don't like us, just take the good side and throw away the bad, the more successful people are, the more obstacles and challenges there are, because the longer a tree is, the stronger the wind it hits, and the same goes for our lives.

Success belongs to those who always try even though they often fail. In the process, failure becomes something that will definitely be achieved, while success is only a possibility, depending on the efforts made. If it turns out that just one failure has made you give up, then don't ever hope that success will come. Because we never know when success will come, therefore create and take advantage of every opportunity that comes, no matter how small.

We need to remember that great surfers are not born from small waves, but from big waves. and I never imagined that to be able to make big and high waves, I would have to fall and be swept away many times. Likewise, when we are trying, in the process we often encounter failures, problems and difficulties, but believe that failures, problems and difficulties will make us more mature and stronger. "The bigger the dream we want to achieve, the bigger the difficulties we will face, and be prepared for that."

Without action and hard work we will never know whether we will be successful or not, but before trying to do something we must understand what we want to do.
Failure is a process that we will encounter because we can learn to correct every mistake from existing experiences. Becoming rich is not easy because not everyone has the same opportunities, but the process never betrays the results as long as we do the right and accurate things.

Learn from failure and continue to improve, then we will get the opportunity to become richer. Success begins with failure and it must be seen as a step to achieve it because giving up is a betrayal that does not need to be implemented.

You are very right! They say experience is the best teacher, reading something online wouldn't give you the best understanding until you have experience it because personal experience is difference, learning process also different from people to people because of some factors like environmental, the government policy, the funds and even how the business is plan, you can't know how viable it's until you try it aside from the planning itself.

Just a reminder that a business start from scratch always have some difficulties, there is high probability of failure than the success but if you succeed, you will enjoy the benefits later because you have just started a new story many will want to become tomorrow.