Things to avoid if you want to be rich. - page 2.

CageMabok

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Quote from: MrEazyLife on October 27, 2024, 11:10:37 AM

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.

MrEazyLife

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Quote from: Princess Leah on August 09, 2024, 02:15:27 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.

uneng

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The point is how you wish to get rich. Is it through the right means, or is it at all costs? The second is easier than the first, but there isn't any prestige and honor in the end, even if you manage to reach richness. So, I would say what to avoid from the perspective of following the right path, which means being transparent, honest and organized in the sphere of your personal life. Don't fool others in order to take advantage and money from them.

Set long term goals, but at same time, be ready to adjust your plans accordingly to the demands of the present time and environment where you are inserted. The path to richness isn't static and linear. There are highs and lows, and it's your ability to keep it up during the lows which will allow you to reach further in this journey. It's not about being happy, optimistic like a fool all the time, but just about being aware that a tempest won't last forever, so once a new lull comes in you will continue doing your part towards your objectives.

There isn't a sure recipe, but there are common elements such as the ones mentioned above which can be integrated by everyone when pursuing their dreams.

stomachgrowls

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Quote from: Gentle_Soul on October 27, 2024, 06:39:11 AM

Quote from: Fiatless on August 09, 2024, 02:37:46 AM

Quote from: Princess Leah on August 09, 2024, 02:15:27 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.

Procrastination is a thief of time. It has made many people lose opportunities that would have made them move forward financially. To avoid procrastination, if you have any idea, don't wait for the ideal time to begin; start with what you have. Perfection is good but starting with what you have before moving towards perfection is important.

Hang out with people who have a positive mentality. Don't befriend people who believe that success is a product of luck. The Technology/IT/AI sector seems to have plenty of opportunities to be prosperous. It will not be a bad idea to hang out with people who know current and even future trends in the sector.

There is no safe business in this world. Every successful businessman took risks, and they also failed many times. It is more risky not to take risks. It is usually said that the bigger the risk the higher the profit. It is better to try and fail than not to try at all. Failure gives you more experience and helps you not to make the same mistakes.

Let me add diligence, teamwork, persistence, and teachability. To be successful, you need to take your work seriously and work hard. Learn to connect and communicate with business partners and clients. You should build a good personal relationship with people. Even if you fail many times, keep on trying if you are convinced that you are on the right track. Be always willing to learn. Be open to new ideas and don't be too rigid.

This procrastination is more like a slow killer of destiny because people tend to take it lightly than it really is
Most times it could just be that one will say I can always do it forgetting that the earlier you do the better a whole lot of people are far behind life because of their indecisions as a result of procrastination
Secondly people who tend to repel useful, productive and educative informations tend to always be backward because of lack of info on current trends so it creates a major set back

If you do have that kind of behavior about delaying things or simply being lazy or simply not mindful about your future then you would really be ending up on having this kind of approach. You arent that setting up some goals and would really be that wanting or liking or simply being contented on what you do have now. Its not really that bad for you to get contented on what you do have but it is really that something have it con's because you could actually be able to make your life way more better that it is really now or comparing on the current status you are in. It is really just that there were people who doesnt really that mind of
about things and really that wanting or focusing on what they are currently doing. If you dont have any plans into your life in terms of progress then you would really be just that contented on what you do have now.
If you do want on becoming rich. (Who doesnt really like this one?) then it will really be that needed for you to act out and set goals or plans or targets that you would really be that thriving to achieve.
It might not that easy but its not something impossible for you to reach on. There are really those times or moments that you will really be that feeling on giving up because of failures but its really that ideal that you
shouldnt really be stopping on what you are current doing. Sustain and survive until you will be able to hit up your plans.

LDL

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There is no set rule or work to become rich but if you are disciplined and hardworking in life you can definitely improve in life. If you read the life history of the world's richest people, you will surely know how hardworking and dedicated they were. If you are lazy then of course you will never get rich no matter how many rich people you read. To become rich, however, you have to follow the path they showed and be as enterprising as they were. You must be frugal and must match your expenses with your income. If you manage your lifestyle in such a way that your expenses exceed your income, you will never improve your life.

Gentle_Soul

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Quote from: Fiatless on August 09, 2024, 02:37:46 AM

Quote from: Princess Leah on August 09, 2024, 02:15:27 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.

Procrastination is a thief of time. It has made many people lose opportunities that would have made them move forward financially. To avoid procrastination, if you have any idea, don't wait for the ideal time to begin; start with what you have. Perfection is good but starting with what you have before moving towards perfection is important.

Hang out with people who have a positive mentality. Don't befriend people who believe that success is a product of luck. The Technology/IT/AI sector seems to have plenty of opportunities to be prosperous. It will not be a bad idea to hang out with people who know current and even future trends in the sector.

There is no safe business in this world. Every successful businessman took risks, and they also failed many times. It is more risky not to take risks. It is usually said that the bigger the risk the higher the profit. It is better to try and fail than not to try at all. Failure gives you more experience and helps you not to make the same mistakes.

Let me add diligence, teamwork, persistence, and teachability. To be successful, you need to take your work seriously and work hard. Learn to connect and communicate with business partners and clients. You should build a good personal relationship with people. Even if you fail many times, keep on trying if you are convinced that you are on the right track. Be always willing to learn. Be open to new ideas and don't be too rigid.

This procrastination is more like a slow killer of destiny because people tend to take it lightly than it really is
Most times it could just be that one will say I can always do it forgetting that the earlier you do the better a whole lot of people are far behind life because of their indecisions as a result of procrastination
Secondly people who tend to repel useful, productive and educative informations tend to always be backward because of lack of info on current trends so it creates a major set back

Onyeeze

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I don't know the theory you want to enact here or you want to introduce for shortcut of richness if you want to be rich you have a different diverse form that can make you to be rich so I know very well that richness is all about your objective your plans and the other things that will make you to achieve your dream when you fail to strategize where I don't think that you will become rich so therefore in a summary to become rich is all about your plan you carry out with a determination that will make you to be rich a business which people think that is minor business can be a business that will make you to be rich so I don't believe in anything that will make someone not to be rich except personal plan and obligation

Mame89

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Quote from: Princess Leah on August 09, 2024, 02:15:27 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.

Everyone in this world certainly wants to be rich but not everyone can be rich. Because to be rich we must avoid several things and must be accustomed to managing finances well in order to build stable wealth. Everything you have described is true and to avoid all that requires seriousness in avoiding unnecessary things so that it will become a habit and change the mindset that in the end you can easily achieve success.

I want to add a few more, another thing to avoid is not having good financial planning. because without clear financial planning, you will have difficulty achieving your financial goals. You should also not set unrealistic goals. because setting goals that are too high or unrealistic can be a big obstacle for you in the future, this will hinder you and will also make you dizzy.

Next, don't be undisciplined in financial matters. because discipline in managing money is the key. Maybe this is the most important, don't get into debt for something unnecessary because the wrong debt can hinder your financial growth. And the last thing to avoid is to avoid impatience. because financial success takes time, and patience is the key to everything.

Rabata

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Quote from: Plaguedeath on August 09, 2024, 03:14:20 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 don't know if there's any example of someone getting rich by imitating what I think, but those who work on something new and whose impression is different from others can usually succeed. Jeff Bezos or Mark Zuckerberg whom we talk about today are definitely different from others. Their impression is definitely different from others. Now that they have achieved it will be difficult for someone else to take their position. I won't say it's impossible but it's definitely difficult for a ordinary people to acquire that kind of achievement. In some cases I must say it is also a matter of luck. Because not everyone can be successful like the mentioned persons.

Su-asa

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Avoiding the wrong circle of friends can do a lot of good, there is a saying that goes as thus" show me your friend and I will tell you who you are" what this means in essence is that there's a very high chance that you can be influenced by the company you keep. If you are around people that don't talk about investing money or people that give you good financial advice just know that your heading down the wrong path. The fear of failure is also a very good point, every wealthy person In the world went through rough times, you will definitely fail but this doesn't mean you won't be successful.

Jaycoinz

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Procrastination can actually cause a lot of financial set backs, there are people with creative ideas that still hold back, they tell themselves that they would work on it tomorrow and it gradually becomes two months. Time is money it's important to utilize it properly, take a bold step and work on the ideas you have. This brings me to the fear of failure, most people are actually reluctant about working on their plans because they doubt themselves, they think that idea isn't good enough, in order to succeed you must fail repeatedly. The fear of failure is indeed a limitation.

Xcode7

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Quote from: Yucky on October 22, 2024, 03:27:15 AM

Quote from: Tineen on October 05, 2024, 10:59:13 AM

I totally get where you're coming from! Procrastination used to be my biggest enemy, but I started breaking my goals into smaller tasks, and that really helped me stay focused. I’ve also found that surrounding myself with driven friends has been a game changer. Their hustle motivates me to push myself harder. As for fear of failure, I’ve learned that every setback is just a stepping stone, so I try to embrace the lessons instead of dwelling on what went wrong.

Self-motivation is important, asides from hard work, discipline, being consistent, reading, avoiding procrastination, you need to have a reason for doing whatever you are doing. So even when the journey gets though and it looks like you are not seeing a possibility, the end goal you have in mind should keep you going. Because it's not all the time in this race of getting rich that you see somebody that will encourage you, hold your hand or support you. Sometimes you are just alone to figure out things.

So having a strong motivation as to why you even started the journey will keep you going. So when you want to give up, you look forward to where you are going to and what you purposely achieve. And know that there is no point giving up halfway because what will happen to all efforts you've put previously? So you just keep moving forward.
So I say have a lot of self-motivation in yourself, as you emback on your journey to being rich.

With the motivation of what we will do, we will continue to try our best to survive with all the obstacles that you and continue to think of solutions to be able to achieve the goals we want and right as you said in the process of becoming rich we do not always get support from everyone and with the motivation and goals from within ourselves, we will always try to be able to achieve what we want and of course we will not easily give up with all the situations we are facing, when someone easily gives up with the condition of struggling to achieve what they want, of course they do not have the motivation to stick to the goals they want and of course that is a waste of their time.

Blackchully

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A lot of people feel they have the principles that helps to become rich and some are sometimes right and sometimes when applied it doesn’t work. Some dispute the fact that hard work doesn’t provide riches but smart work and it works for them and some are a testament to serious hard work and it’s their reality. There are also those who stumbled upon wealth not by their hard work or smart work just pure luck and universal orchestration and they know nothing about maintaining the riches and are still lucky to be rich.

The point is a lot of things can work for you only if you try and stop looking for a cheat code. Hard work could be your route or it could smart wok but there is no true pattern to get rich.

Yucky

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Quote from: Tineen on October 05, 2024, 10:59:13 AM

I totally get where you're coming from! Procrastination used to be my biggest enemy, but I started breaking my goals into smaller tasks, and that really helped me stay focused. I’ve also found that surrounding myself with driven friends has been a game changer. Their hustle motivates me to push myself harder. As for fear of failure, I’ve learned that every setback is just a stepping stone, so I try to embrace the lessons instead of dwelling on what went wrong.

Self-motivation is important, asides from hard work, discipline, being consistent, reading, avoiding procrastination, you need to have a reason for doing whatever you are doing. So even when the journey gets though and it looks like you are not seeing a possibility, the end goal you have in mind should keep you going. Because it's not all the time in this race of getting rich that you see somebody that will encourage you, hold your hand or support you. Sometimes you are just alone to figure out things.

So having a strong motivation as to why you even started the journey will keep you going. So when you want to give up, you look forward to where you are going to and what you purposely achieve. And know that there is no point giving up halfway because what will happen to all efforts you've put previously? So you just keep moving forward.
So I say have a lot of self-motivation in yourself, as you emback on your journey to being rich.

Gentle_Soul

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Quote from: Fiatless on August 09, 2024, 02:37:46 AM

Quote from: Princess Leah on August 09, 2024, 02:15:27 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.

Procrastination is a thief of time. It has made many people lose opportunities that would have made them move forward financially. To avoid procrastination, if you have any idea, don't wait for the ideal time to begin; start with what you have. Perfection is good but starting with what you have before moving towards perfection is important.

Hang out with people who have a positive mentality. Don't befriend people who believe that success is a product of luck. The Technology/IT/AI sector seems to have plenty of opportunities to be prosperous. It will not be a bad idea to hang out with people who know current and even future trends in the sector.

There is no safe business in this world. Every successful businessman took risks, and they also failed many times. It is more risky not to take risks. It is usually said that the bigger the risk the higher the profit. It is better to try and fail than not to try at all. Failure gives you more experience and helps you not to make the same mistakes.

Let me add diligence, teamwork, persistence, and teachability. To be successful, you need to take your work seriously and work hard. Learn to connect and communicate with business partners and clients. You should build a good personal relationship with people. Even if you fail many times, keep on trying if you are convinced that you are on the right track. Be always willing to learn. Be open to new ideas and don't be too rigid.

Being rich if I must say starts from the mind it has to be an intentional and a conscious process because if you are opportunistic in being rich or got rich by chance the probability that you will maintain that riches is slim as such as such it takes a meticulous thinking of posible investments and businesses to keep being rich.

uswa56

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Quote from: Farhan99 on October 05, 2024, 12:58:25 PM

Quote from: Tineen on October 05, 2024, 10:59:13 AM

I totally get where you're coming from! Procrastination used to be my biggest enemy, but I started breaking my goals into smaller tasks, and that really helped me stay focused. I’ve also found that surrounding myself with driven friends has been a game changer. Their hustle motivates me to push myself harder. As for fear of failure, I’ve learned that every setback is just a stepping stone, so I try to embrace the lessons instead of dwelling on what went wrong.

This is very nice of you, see if you have time, work hard in it, earn money and use it, but don't take too much and useless things that will not benefit you. You should also spend time with your friends, but the friends should be good ones from which you can learn something from them. If you live like this, there will come a day when you will be proud of yourself and that day will be your success. I believe that every human being should follow that which will make him feel good and also be good in the eyes of others. But in this era, this thing is considered useless and because of shame, some people can't do anything with it, but like you, it should be attached to everyone, which will make everyone's life better.

Working hard is indeed one way to make money and what you convey is very appropriate we must be able to use the income we have well and not use it for things that are not useful, by gathering with friends who will be able to make us develop for the better, of course it is very important and also we can motivate each other to continue to develop ourselves to be better than before.
When we have achieved what we want, of course we will remember that the process of achieving success is not an easy thing and we must be happy with what we have got, but if we do nothing, of course, it will make us far behind everyone so that it is difficult for us to achieve success like others have gotten.

bangjoe

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The point given by OP is very important, procrastination is one of the things that most people do because they are lazy or don't have time, but from OP's point it will be very useful and is the core of pursuing wealth if the consistency in doing it is very high, consistency in learning, consistency in applying goals, meaning not changing, because very often we find humans who often change their life goals and it is a big mistake if the first goal has not been completed because it will affect their consistency.

tottong

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Quote from: doomloop on October 02, 2024, 03:54:39 PM

Learning something is so risky these days because while you are looking for answers, you may find a wrong one, there are so many misinformation out there and you will learn from a wrong source and all your life you will go about thinking something wrong as correct. I am not even talking about just crypto, this is true for everything in life, but more importantly if we are talking about investment or trading then we are talking about something we can see active hurt from the results, we will lose money on the wrong information we get.

That is why it is important to have the ability to verify the correct information so that we do not get caught up in something wrong.
In the context of trading or investing, one must be a little more selective in seeking information about its truth because there are many writings or videos that are made based on the experiences of different people and sometimes most of them lead to wrong conditions.
So make sure beforehand that the source that is followed does have a level of credibility and at least has a value of truth that is discussed according to the facts of the rules that occur in relation to trading or investing.

Quote

I learned something wrong the first weeks of trading, when I first started I was learning trading from this source that gave everything wrong, and because of that it took me months to forget what I learned and try to relearn everything yet again. I know not many people learn from the same place, everyone has their own place they learn from so we should be careful about what we are picking, pick somewhere safe to learn from.

Everyone's abilities are different and some people have difficulty learning trading when they don't have a tutor and some people can adjust themselves with sources learned on the internet.
But the problem is not where we learn but learn to be responsible with trading based on good abilities.
If trading skills are not optimal, then to train trading we can try in small amounts first so that even if we fail it will not affect psychology so much and when people are able to take responsibility then what is done is much more optimal.

Huppercase

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Quote from: Tineen on October 05, 2024, 10:59:13 AM

I totally get where you're coming from! Procrastination used to be my biggest enemy, but I started breaking my goals into smaller tasks, and that really helped me stay focused. I’ve also found that surrounding myself with driven friends has been a game changer. Their hustle motivates me to push myself harder. As for fear of failure, I’ve learned that every setback is just a stepping stone, so I try to embrace the lessons instead of dwelling on what went wrong.

I don't think I'm in any way different from what you said, procrastination has been my biggest challenge not until one day I made it a word that never leaves my head and any time I promise that I will never delay my daily tasks, it has been working for me, I don't skip any plan I had nor do I postpone it. What I have on mind for that day is what I will do and nothing is going to be change, the only little difference is that I'm a solo type of person.

I do have friends but I don't link up with them on work days unless on weekends or perhaps there is something urgent. The kind of person I'm, when I link up with friends, I can immediately leave my things and just enjoy that company mode and forget everything I have on ground and for that reason, I make sure I just do my things alone since in career wise, we are not related but hang out when necessary and support each other financially, emotionally and spiritually(religious activities).

junder

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One of the things that must be fixed is the sense of desire that exists in ourselves, because I am sure everyone has this feeling that sometimes requires us to do it even though it doesn't have to be done. Another thing is that we have a mediocre income with that we can't do much other than meet our main needs. However, some people still do what they want not what they need, well this is what we must be able to fix, don't let us always prioritize what we want because it can hinder us in finances. In addition, there are still many factors that must be considered, and I think when someone has thought about wanting to be a rich person, they will have their own thoughts about what they should do and what they should avoid. We all want to be rich and we have different paths, but in the process it is likely not much different.

Topic: Things to avoid if you want to be rich. - page 2. (Read 2323 times)