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Topic: Things to avoid if you want to be rich. (Read 2323 times)

legendary
Activity: 3220
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November 14, 2024, 10:52:12 AM
Fear of failure

If you do really want to have that changes into your life then you should really be that making yourself having that kind of mentality and emotions on which you should really be able to sustain yourself
on whatever challenges or failure that you will really be able to encounter along the way. It is really that hard to do such thing but its not impossible. If you do have plans on having that good life,
then you should work hard to achieve it. You wont be able to achieve success if you dont be doing something or simply going out with your comfort zone.

Becoming rich wont be easy, you will be needing to have a business or investment that will really be increasing your financial state or condition. Who doesnt really want to become rich?
We are really just that good in planning but not really good on working hard and on the middle of something then you do immediately stop because you cant take it anymore on the hard
thing that you've been currently experiencing.

Most people who dive in the path of entrepreneurship, end up failing in the long run. Becoming your own boss and achieving financial independence is not as easy as it sounds. The fear of failing alone, is one of the many reasons why most people stay poor. Life is full of risks. But only those able to take on those risks, will be able to succeed in the future.

If Bill Gates, Steve Jobs, Mark Zuckerberg, Jeff Bezos, and Elon Musk did it, so can you. It's all a matter of spending less than what you earn, investing your money in stocks/real estate/assets, and having multiple sources of income. You need to start from below (zero) to reach the top (unless you earned wealth by heritage). I hope people make the right decision for the sake of their financial health and well-being. Smiley
sr. member
Activity: 1022
Merit: 368
November 13, 2024, 12:00:22 PM
For me what I should not do to be rich is not spend on unnecessary things, not spend more money than you earn, only spend what is necessary to be able to live well and healthily, another thing is not buy luxuries or not give yourself unnecessary luxuries, many want to make others see that they have a good social status and want to show what they are not, and above all work hard, only by working hard and risking a little more is how you can become rich and the most important thing is not give up along the way, envy, telling our plans to others is something that can stop everything, with envy you can not do anything, but if we keep quiet, so that nobody sees what we are focused on and do not tell them anything, it is always better to keep quiet.


You can still spend on unnecessary things but if you have made ways for good businesses and other financial investments you will not find it difficult to remain financially bouyant, there are people who have been living a luxurious life style yet they aren't getting broke that's because they have a good financial foundation and their business is very active as they make profit on daily basis those kind of people will find it difficult to stop the life style because of what they have on ground. Your plans can be know by people but they can not stop you if you know what you are doing.
sr. member
Activity: 1092
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November 13, 2024, 09:05:41 AM
For me what I should not do to be rich is not spend on unnecessary things, not spend more money than you earn, only spend what is necessary to be able to live well and healthily, another thing is not buy luxuries or not give yourself unnecessary luxuries, many want to make others see that they have a good social status and want to show what they are not, and above all work hard, only by working hard and risking a little more is how you can become rich and the most important thing is not give up along the way, envy, telling our plans to others is something that can stop everything, with envy you can not do anything, but if we keep quiet, so that nobody sees what we are focused on and do not tell them anything, it is always better to keep quiet.
legendary
Activity: 2884
Merit: 1115
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November 11, 2024, 07:43:40 AM
Things to avoid if you want to be rich: Believing you will become rich after you avoid something that will cost you money, follow the rich and focus on self improvement.

There's no rule to become rich, if Warren Buffet get rich from investing on stock, Jeff Bezos get rich from creating Amazon, Mark Zuckerberg get rich from creating Facebook. It doesn't mean you will get rich after investing in stock, creating the next Amazon, or creating the next Facebook.

Getting rich is all about luck, but working hard at least make your life better.
I get your point but I don’t agree with all your take on the topic. Luck has a role to play in getting rich in terms of presenting you with opportunities and you being in the right places at the right time to make those decisions that can get you to where you need to be. But luck isn’t all there is to it, you can be given the opportunity and still sleep on it because you do not recognize the value. It takes more than just luck to be rich, there are millions of poor people in the world today, you can’t tell me this people are poor because they are unlucky.
Becoming rich requires a combination of factors and cannot be based on luck alone, but I believe that luck is an important factor in the wealth of any rich person. I don't believe that someone can be rich without luck but there are many people who deny this and they think that what they have is due to their efforts and not luck. That is understandable because luck is considered an invisible force that we cannot see, so those who do not believe in it will find it difficult to believe that their wealth is due to luck.

Also, that doesn't mean we just sit around and do nothing and luck will come to us, we have to go out and find luck ourselves. So if we want luck and want to become rich, we must first make an effort to seek them, they will not come to us by themselves.
hero member
Activity: 1190
Merit: 802
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November 11, 2024, 03:47:22 AM
Things to avoid if you want to be rich: Believing you will become rich after you avoid something that will cost you money, follow the rich and focus on self improvement.

There's no rule to become rich, if Warren Buffet get rich from investing on stock, Jeff Bezos get rich from creating Amazon, Mark Zuckerberg get rich from creating Facebook. It doesn't mean you will get rich after investing in stock, creating the next Amazon, or creating the next Facebook.

Getting rich is all about luck, but working hard at least make your life better.
I get your point but I don’t agree with all your take on the topic. Luck has a role to play in getting rich in terms of presenting you with opportunities and you being in the right places at the right time to make those decisions that can get you to where you need to be. But luck isn’t all there is to it, you can be given the opportunity and still sleep on it because you do not recognize the value. It takes more than just luck to be rich, there are millions of poor people in the world today, you can’t tell me this people are poor because they are unlucky.
hero member
Activity: 1190
Merit: 543
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November 10, 2024, 02:24:40 PM

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

Definitely procrastination it's one great enemy of success and and knowing fully it affects alot one need to take a bold step in running pass this, I like the points you  that you stated here they are all major aspect that one need to avoid inorder to become rich or successful, and in the quest of riches one aspect that really matters is knowing the circles of friends you keep cause it validates your success and if I would want to add to this I think consistency in anything you tend to do to become successful should be taken seriously.
One has to move forward boldly through various plans keeping the goal in mind. Maybe this path is very difficult for you, so you have to move forward without looking back. On the way to achieving your specific goals, you will see many unwanted emotional dreams that will become barriers to achieving your goals and will destroy your dreams of becoming rich. The points of getting rich must be mastered with hard work and energy through hard work with right decision at right time.

I have seen all the rich people all over the world who are hardworking and have overcome all obstacles to achieve the impossible. Reality is tough so you can refer to a well known well-wisher who is a successful person for proper guidance. As reality is tough, you have to adapt yourself to the reality behind getting rich and start the journey with what your financial position is. Maybe this little plan is the focal point of your getting rich.
Procrastination has been the major problem of many people and that's why they have not been able to make decisions that will be suitable for them so they can get to the next level. Apart from having plans and business ideas, having the resources to set up a business can be a big challenge that's why everyone need to master the act of execution just like some business minded people that will go as far as getting loan or tricking a business deal with rich men that have money so that they can utilize their business idea to make things possible without any capital.
member
Activity: 50
Merit: 0
November 10, 2024, 09:20:30 AM

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

Definitely procrastination it's one great enemy of success and and knowing fully it affects alot one need to take a bold step in running pass this, I like the points you  that you stated here they are all major aspect that one need to avoid inorder to become rich or successful, and in the quest of riches one aspect that really matters is knowing the circles of friends you keep cause it validates your success and if I would want to add to this I think consistency in anything you tend to do to become successful should be taken seriously.
One has to move forward boldly through various plans keeping the goal in mind. Maybe this path is very difficult for you, so you have to move forward without looking back. On the way to achieving your specific goals, you will see many unwanted emotional dreams that will become barriers to achieving your goals and will destroy your dreams of becoming rich. The points of getting rich must be mastered with hard work and energy through hard work with right decision at right time.

I have seen all the rich people all over the world who are hardworking and have overcome all obstacles to achieve the impossible. Reality is tough so you can refer to a well known well-wisher who is a successful person for proper guidance. As reality is tough, you have to adapt yourself to the reality behind getting rich and start the journey with what your financial position is. Maybe this little plan is the focal point of your getting rich.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 10, 2024, 02:13:35 AM

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

Definitely procrastination it's one great enemy of success and and knowing fully it affects alot one need to take a bold step in running pass this, I like the points you  that you stated here they are all major aspect that one need to avoid inorder to become rich or successful, and in the quest of riches one aspect that really matters is knowing the circles of friends you keep cause it validates your success and if I would want to add to this I think consistency in anything you tend to do to become successful should be taken seriously.
legendary
Activity: 3094
Merit: 1127
November 10, 2024, 12:55:05 AM
Fear of failure

If you do really want to have that changes into your life then you should really be that making yourself having that kind of mentality and emotions on which you should really be able to sustain yourself
on whatever challenges or failure that you will really be able to encounter along the way. It is really that hard to do such thing but its not impossible. If you do have plans on having that good life,
then you should work hard to achieve it. You wont be able to achieve success if you dont be doing something or simply going out with your comfort zone.

Becoming rich wont be easy, you will be needing to have a business or investment that will really be increasing your financial state or condition. Who doesnt really want to become rich?
We are really just that good in planning but not really good on working hard and on the middle of something then you do immediately stop because you cant take it anymore on the hard
thing that you've been currently experiencing.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
November 08, 2024, 03:40:48 AM
Discipline yourself if you want to one day turned a rich person, those we are seeing being rich have what they are doing that keeps making them whom they are and what they are achieving till now, but when we are not aware of some of those things, we may not know how we could achieve almost same result as them, we must give ourself to a committed lifestyle for excellence, this will help in many things we do after being determined for it.

Discipline alone is not enough, people who achieve success have very good connections, know how to find opportunities and, what is very important, know how to find the means to implement their ideas, and are not afraid to do it.

How many times have I heard from people about good ideas, but when it is necessary to act, they find excuses why it will not work out for them, instead of looking for opportunities to start changing something in their lives. Yes, sometimes circumstances arise in which it is very difficult to do something, but more often it is all temporary and there are many opportunities around us, in almost any business you can earn good money, you just need to start acting, and discipline is already about maintaining the result.

Not every business that you start will be successful, but if you do not try anything, then nothing will work out.
legendary
Activity: 1750
Merit: 1329
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November 07, 2024, 08:32:54 AM
Procrastination: I call this the slow killer of destiny, it has caused setback for many people, there are some life changing opportunities that occurs just once and many have failed to seize it, why? Cause of Procrastination. Well, one of the best ways to tackle it is to set target, implement your goals and work towards actualizing it.

 Wrong circle of friends: Your circle of friends could determine your level of success, there's this advice my dad always use to motivate us, he said a poor person in the circle of five rich people is a potential rich person, and that's cause the person would get informations or help from other friends to elevate him/her. One mustn't only consider rich friends but atleast your circle of friends should be with people who's got the mindset of acquiring wealth and are working towards achieving it.

 Fear of failure: The fear of failure has caused setback to many people, once someone kill there fears and go into a business, investment or project with the mind-set of success such person is bound to succeed so far they're working hard enough but once fear is entertained it could cause the person to easily give up on actualising their dreams.

 Fear of risk taking: Taking risk could be harmful if not calculated but not taking risk is even worst cause their are many opportunities involved in taking risks, a good percentage of successful people today are risk takers, so I believe the journey to success still requires taking risks.

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

One of the biggest enemy in life is envy now people want to catch up as soon as they can so they can told to themselves or just to show to other people is they are now successful we have different run in our life now if you want to keep chasing other people regarding with their success one of the factor is you get stress out and want to chase them out, might cause anxiety so make on your own pace. Another thing is the circle of friends reason why you must need to choose the people around you, most of the time you adopt their habit, and how they approach now, if you came in a bad circle of friends possible you will not grow, imagine how does the rich people makes a connection. Fear is part of the life if you will not take a risk you will not know the answer, self confidence is the key now if you skip a lot of opportunity its now your lost.
newbie
Activity: 0
Merit: 0
November 06, 2024, 03:17:23 PM
Let’s start with self discipline which is the primary factor. Then we move to avoiding the habit of not reading. There’s this saying that if you want to hide something from a black man African precisely. You should put it inside a book, because he will never open to read the book. Also avoid taking too many advice from too many people. Because you might end up being confused. Then you shouldn’t take advice from someone who isn’t in where you want to be in life.
hero member
Activity: 714
Merit: 521
November 06, 2024, 02:57:27 PM
Discipline yourself if you want to one day turned a rich person, those we are seeing being rich have what they are doing that keeps making them whom they are and what they are achieving till now, but when we are not aware of some of those things, we may not know how we could achieve almost same result as them, we must give ourself to a committed lifestyle for excellence, this will help in many things we do after being determined for it.
hero member
Activity: 2730
Merit: 632
November 06, 2024, 02:13:37 PM
Things to avoid if you want to be rich: Believing you will become rich after you avoid something that will cost you money, follow the rich and focus on self improvement.

There's no rule to become rich, if Warren Buffet get rich from investing on stock, Jeff Bezos get rich from creating Amazon, Mark Zuckerberg get rich from creating Facebook. It doesn't mean you will get rich after investing in stock, creating the next Amazon, or creating the next Facebook.

Getting rich is all about luck, but working hard at least make your life b

Not only about luck. But also about dedication and persistence. Getting rich is difficult, but not impossible. If you put your mind to it, you can achieve anything. You just need to follow the right strategy.

The problem is that most people fall in overspending, diminishing their ability of building true wealth. Getting rid of debt is the first step towards financial freedom. There is no magic button that will help you become rich in an instant. Spend less than what you earn, invest in BTC + Gold + real estate, and make a budget for complete peace of mind. If rich people like Elon Musk and Jeff Bezos did it, so can you. Smiley
The thing on here is that you do able to try and make out that risks on testing or make a shot when dealing up with something which you do know that it could changed up your life. There are individuals who are really that serious on changing up their lives and there are ones who are really that just contented on what they do have.Its not bad on having such approach but it's always best that you do target out on which it is really that better. In speaking about luck then I could say that there are times or moments that this would really be relevant or something which you do really need.On the moment or time that you do deal up with something then having good outcome or results is something can be obtained without hiccups or simply with less difficulty but of course this doesn't happen all the time. Getting rid with debt is something that I would primarily targeting to achieve on my part on which at the moment or time that I would really be having those initial steps then these are the things I would really be liking to clear up. Avoid on spending on something that could add up into your expenses or simply with those liabilities but instead it will really be much better if you do go for assets that could bring up some profits rather than on putting up yourself into trouble just because of too much liabilities.You might not be able to felt out immediately but time comes that you don't have that much money on your pocket, then this is where you would be starting on thinking.
legendary
Activity: 3220
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November 06, 2024, 11:53:27 AM
Things to avoid if you want to be rich: Believing you will become rich after you avoid something that will cost you money, follow the rich and focus on self improvement.

There's no rule to become rich, if Warren Buffet get rich from investing on stock, Jeff Bezos get rich from creating Amazon, Mark Zuckerberg get rich from creating Facebook. It doesn't mean you will get rich after investing in stock, creating the next Amazon, or creating the next Facebook.

Getting rich is all about luck, but working hard at least make your life better.

Not only about luck. But also about dedication and persistence. Getting rich is difficult, but not impossible. If you put your mind to it, you can achieve anything. You just need to follow the right strategy.

The problem is that most people fall in overspending, diminishing their ability of building true wealth. Getting rid of debt is the first step towards financial freedom. There is no magic button that will help you become rich in an instant. Spend less than what you earn, invest in BTC + Gold + real estate, and make a budget for complete peace of mind. If rich people like Elon Musk and Jeff Bezos did it, so can you. Smiley
sr. member
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November 03, 2024, 08:34:33 PM
Procrastination: I call this the slow killer of destiny, it has caused setback for many people, there are some life changing opportunities that occurs just once and many have failed to seize it, why? Cause of Procrastination. Well, one of the best ways to tackle it is to set target, implement your goals and work towards actualizing it.
You are actually right you know procrastination is a major factor affecting %80 of people all over the world. When they have a little opportunity they become too much comfortable and not having the desire to expand or widen their knowledge. Most time they come up with a good idea but putting it to work becomes a problem. They keep procrastinating forgeting that time waits for nobody. And Morover each day that passes by we are slowly meeting our grave, and there is no time till most people become a history of there imagination. All I can say is the earlier the better " a stitch in time saves nine"

Wrong circle of friends: Your circle of friends could determine your level of success, there's this advice my dad always use to motivate us, he said a poor person in the circle of five rich people is a potential rich person, and that's cause the person would get informations or help from other friends to elevate him/her. One mustn't only consider rich friends but atleast your circle of friends should be with people who's got the mindset of acquiring wealth and are working towards achieving it.
This is another important factor that need to be put into consideration. There is a saying which say" show me your friend and I will know who you really are" sometimes evil communication begot bad influence and may slow down ones carrear. Most of our youth today failed because they refused to acquire knowledge from well learned people or business person only because the listen to bad friends that they can't serve anybody or become slave to anybody, rather becomein a boss why they didn't plan anything.

Apart from this point I selected among the few you listed, the other factors are also a good one. Another problem most people face too is working hard in the wrong direction.
legendary
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November 03, 2024, 06:55:31 PM
No matter how ambitious you are. The people you move with influences your decision. Another thing to avoid is the pair of friends you keep if you really want to be successful in life. Being around so dumb a** will influence you to being limited. You feel there’s nothing wrong with being average.
But surrounding yourself with people who have so much idea and are eager to make progress in life. Automatically you see yourself having same mindset.

We think what he is trying to say here is that you need to be around people who are successful and that you can somehow manage with them, because for the most part successful people have their businesses, companies, jobs that employ others and that thought is good, it is good to Surround yourself with that type of people who will bet on our lives, I think that is where the saying comes from that says: "Tell me who you hang out with and I'll tell you who you are" that totally applies, plus it changes a person's mind a lot.
sr. member
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October 28, 2024, 09:45:03 AM
Procrastination: I call this the slow killer of destiny, it has caused setback for many people, there are some life changing opportunities that occurs just once and many have failed to seize it, why? Cause of Procrastination. Well, one of the best ways to tackle it is to set target, implement your goals and work towards actualizing it.

 Wrong circle of friends: Your circle of friends could determine your level of success, there's this advice my dad always use to motivate us, he said a poor person in the circle of five rich people is a potential rich person, and that's cause the person would get informations or help from other friends to elevate him/her. One mustn't only consider rich friends but atleast your circle of friends should be with people who's got the mindset of acquiring wealth and are working towards achieving it.

 Fear of failure: The fear of failure has caused setback to many people, once someone kill there fears and go into a business, investment or project with the mind-set of success such person is bound to succeed so far they're working hard enough but once fear is entertained it could cause the person to easily give up on actualising their dreams.

 Fear of risk taking: Taking risk could be harmful if not calculated but not taking risk is even worst cause their are many opportunities involved in taking risks, a good percentage of successful people today are risk takers, so I believe the journey to success still requires taking risks.

 I believe there's lots more, but these are the ones I could think of however you could add more if you know any cause I believe these informations could serve as a motivations to some people who would come across this thread.
 

No matter how ambitious you are. The people you move with influences your decision. Another thing to avoid is the pair of friends you keep if you really want to be successful in life. Being around so dumb a** will influence you to being limited. You feel there’s nothing wrong with being average.
But surrounding yourself with people who have so much idea and are eager to make progress in life. Automatically you see yourself having same mindset.
No matter your income is how much but which matters actually that is your management. Rich people always work for the management of money and they always invest in the assets which are profitable. Rich people do business and that may be small business or large business but they do . In the comparison, poor people feel proud to be an employee and they want only safety in life and they want to live in comfort zone. Rich people always work on their weaknesses and they improve theirselves to get more outcome but poor people work for rich people and they spend their all life in serving their boss .Rich know if they stop their learning,they will lose their position.
hero member
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October 28, 2024, 08:02:07 AM
I recently read a scientific article about how intelligence is not so important to be rich. As a rule, IQ tests do not take into account the speed of thoughts and creativity, and smart people often refuse wealth. Rich people may be smart, but they are also decisive.
They act when everyone is waiting or freezes, not knowing what to do. And in the cryptocurrency world, we have already seen an example of this: someone acted in the tap game of NOT coin. And they won money. And someone was late and clicked on the Hamster Smiley
hero member
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October 27, 2024, 06:49:36 PM
No matter how ambitious you are. The people you move with influences your decision. Another thing to avoid is the pair of friends you keep if you really want to be successful in life. Being around so dumb a** will influence you to being limited. You feel there’s nothing wrong with being average.
But surrounding yourself with people who have so much idea and are eager to make progress in life. Automatically you see yourself having same mindset.

That is very true because the circle of friends is an aspect that greatly influences the way each person thinks so each of us needs to filter the people we want to consider as friends in our own lives. This means that if we want to develop and be successful in life, of course the choice is to be friends with people who are already successful and have lots of experience in a particular field so that this can have a direct influence on ourselves.

While people who are still in an environment with stupid people will remain like that until the end of their lives because stupid people will not want to compromise with every idea and suggestion of others as long as they do not understand the idea so they will prioritize their ego and also their own ideas to remain stupid forever. So we all do not have to be friends carelessly in life because it can bring us into a bad environment if we ourselves are still looking for better development in life.
Exactly, The friends greatly influence student spending, perceptions, motivation and action both in the constructive and destructive sense. Indeed meeting people who have positive attitude and experience in different fronts must be full of many valuable lessons. In everyday life, they can encourage and help us become who we can be in our best earthly potential. Learning from those who have already achieved success we may become more prepared for the tests and know we can respond to different situations in a more efficient and nondefensiveness manner.

Friendship also has to be selective because with some friends, it becomes almost detrimental to making friendships because they stifle our abilities and keep us in a box. Environment that is less supporting will create some barriers to our progress because new concepts, problems and solution are not paid much attention. Having connections to people who challenge us to seek new ideas, work most efficiently, and aspire to change make it easier to create a better way of pursuing the goals in our life. We also have a right to select the type of friendship environment that will foster our growth in the future in accordance to the general life direction.
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