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Topic: Things to avoid if you want to be rich. - page 2. (Read 1582 times)

sr. member
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August 21, 2024, 03:18:11 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.
 
You are actually right and all what you stated down here are one of those things that can limit a person from getting rich no doubt, but I feels like their is something you missed, which is spending more than what you earn; sincerely speaking this one is the most important thing that shouldn't be overlooked if you truly want to get rich because to me, it's the fastest way to go broke, it doesn't matter how much you earn as a person, if you don't control how you spend your resources, bro, you will definitely get to a point where you will be struggling financially when earning a very good amount of money, so it's very much important that as a man, try not to spend more than what you earn.

Lastly, among all that you listed down here, almost the point you listed down here are very much valid, but we should not in any way joke with procrastination, this is the most deadliest killer of destinies, so procrastination and spending more than what you earn is the most dangerous things to avoid if you truly want to get rich.
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August 21, 2024, 02:56:21 AM
At first I would like to say that it is better for a man to prioritize achieving success than being rich. Because if it is successful it is possible to acquire both the person's personality and money. Now I can say that all the things that should be avoided for success are beautifully presented by your statement. Besides this I want to add one thing and that is to form a person's personality. When a man prioritizes his personality and strives hard to achieve it he has to follow all the things you have highlighted in the thread. So build personality and succeed, this principle is the best way to become rich.

That's right bro, the most important thing in achieving success is forming our own personality, when our personality has been formed then we can easily achieve it, because then our life has led to where we can seek profits and avoid losses, because it all depends on a person's personality to achieve it.

Then avoid ourselves from things that are not good for our lives so that we can safely live our daily lives to find work and be able to generate sufficient income, and clear our minds so that we can digest well so that we can process reach the point we want, the point we become a successful person, successful in terms of wealth and successful in terms of our career and life.
When a person becomes a personality he has to avoid many things which is one of the keys to success. I heard a frog story from my mother when I was very young - a deaf and emaciated frog decided to climb a big banyan tree near the well where he lived, which no other frog in the well could climb. When he went towards the tree to climb, everyone in the well raised their hands and forbade him and said, "Don't climb that tree and don't fall, until now we have not been able to climb any frog." But since the frogs could not hear he thought that all the frogs in the well were greeting him with raised hands. And he succeeded in climbing the tree.
Similarly if we can use or avoid all the negative words in our work or walk as motivation like the deaf frog then we will definitely be successful.
hero member
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August 21, 2024, 02:41:26 AM
There is no such thing as being lazy when you have more responsibilities, especially when you have to pay for all your family's needs.
You have to get out of your comfort zone if you previously felt lazy at work, I mean you have to start setting targets that you want to achieve and never give up before they are achieved. Of course I only said about realistic targets, not about things that are so difficult to achieve.

In the process, laziness must be fought with all our abilities. You have to develop because it's not true that anyone wants to help you when you're poor. Work hard from now on, even if you have to lose a lot of time with friends in the process.
When talking to that responsibility will cancel the narrative of laziness because we have responsibility for the family and there is no other way because we must continue to make money. Children need education, health and living expenses so that when parents are unable to make money will affect the process of their family's life journey. Everyone must be able to get out of the comfort zone because we are not able to make the right predictions regarding our lives in the future so that there needs to be a concept to prepare everything well.

Intend as worship for responsibilities to the family so that whatever we do is more blessing and that is important because sometimes we don't see anything as important to do. Work more actively so that our family can live more properly, no need to be afraid of the results because the most important process must be passed correctly so that we will feel satisfied with the results achieved.
legendary
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August 19, 2024, 02:02:39 PM
~Snip
Indeed, in reality, we should not live in the expectations of others. The body also needs rest. Lazing around for a while to calm the mind before continuing other activities is sometimes very necessary. In my opinion, many people procrastinate before realizing that circumstances force them to keep working, even if it is not a field they like. Of course, everyone has experienced a phase of laziness at work, a lack of interest in doing something, it may be very natural and understandable, because there are many reasons behind it. Simply put, everyone certainly has a target they want to achieve, both in the short and long term. I think by remembering this, it can provide additional motivation to keep doing activities.
There is no such thing as being lazy when you have more responsibilities, especially when you have to pay for all your family's needs.
You have to get out of your comfort zone if you previously felt lazy at work, I mean you have to start setting targets that you want to achieve and never give up before they are achieved. Of course I only said about realistic targets, not about things that are so difficult to achieve.

In the process, laziness must be fought with all our abilities. You have to develop because it's not true that anyone wants to help you when you're poor. Work hard from now on, even if you have to lose a lot of time with friends in the process.
hero member
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August 19, 2024, 12:10:55 PM
Procrastination is not always bad. I believe that laziness is a necessary reaction of the body. After we have done something or do not want to do a new activity, because we obviously consider it useless. Although it may seem very necessary. The main thing in life is to live it happily, despite the fact that we are constantly forced to be productive and successful in the eyes of other people.
Indeed, in reality, we should not live in the expectations of others. The body also needs rest. Lazing around for a while to calm the mind before continuing other activities is sometimes very necessary. In my opinion, many people procrastinate before realizing that circumstances force them to keep working, even if it is not a field they like. Of course, everyone has experienced a phase of laziness at work, a lack of interest in doing something, it may be very natural and understandable, because there are many reasons behind it. Simply put, everyone certainly has a target they want to achieve, both in the short and long term. I think by remembering this, it can provide additional motivation to keep doing activities.
hero member
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August 19, 2024, 08:54:16 AM
Procrastination is not always bad. I believe that laziness is a necessary reaction of the body. After we have done something or do not want to do a new activity, because we obviously consider it useless. Although it may seem very necessary. The main thing in life is to live it happily, despite the fact that we are constantly forced to be productive and successful in the eyes of other people.
full member
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August 19, 2024, 06:09:43 AM
That's a really wide topic when it comes to procrastination. And everybody who behaves in such way suffers greatly as a result. And that ought not to hold true for everyone of our personal qualities. If not, we will ultimately be the most important item to be destroyed.

Things like broken promises or disappointments that have a bad effect on the connection are among the things that can have an impact on us. Additionally, limiting beliefs are reinforced and given the wrong chance, or something to that effect.
sr. member
Activity: 518
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August 19, 2024, 05:00:13 AM
The OP subject emphasized on the things to avoid if you want to be rich and I very much agree with the points that she raised in the content. I believe that there are guides to success and if someone diligently follows them through, although they might not become super rich but they won't end up in poverty. One concept that I've held in my heart to becoming rich is actually a mindset and it's that if you want to become a millionaire you need to think like a millionaire. If you don't have the positive mindset to become rich then there's high chances of becoming or remaining poor. It's hard to become exceptional and rich in your comfort zone so you need to think outside the box and find our to make a difference that can attract wealth to you, this is the mindset of the rich.
hero member
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August 19, 2024, 02:25:50 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.
 
A person must develop a risk-taking mentality to become rich. We  know that there is no risk-free way to get rich. Not only risk taking but also a person should change his company. Because if a person who wants to be rich hangs out with friends who are not into expanding their business or enlightening discussions then a person will never be able to prosper there. It is better to leave friends who have no destination in the circle. If you build self-confidence and avoid the fear of failure, chances of success will increase more. If one has such a destination, focusing on his goal will definitely increase the chances of getting positive results.
legendary
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August 19, 2024, 12:43:19 AM
Well if someone is so rich than I do not think he is a procrastinator. The reason why procrastination is so bad is because it could delay your schedule meetings and certain deadlines that you have to meet many times people procrastinate because they get too comfortable.

I also believe that people that procrastinate and up having too many setbacks in life. And blame others because they’re not constantly sticking to their goals and meeting them.
sr. member
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August 18, 2024, 05:47:28 AM
I think the most important thing is greed. If you are greedy, you can never be rich.
sr. member
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August 17, 2024, 04:16:21 PM
Things to avoid if you want to be rich:
1) Avoid procrastination completely, you want to be rich in life avoid anything that will make you not to do the right thing to get a right result, because procrastination is a destiny killer and it will never make you rich no matter the effort you put in place.
2) Spending your funds anyhow, when you continue spending your funds to things that will not bring any income,  and if you continue to spend the funds without putting an end to it, it will be difficult for you to become rich for the rest of your life.
3) Avoid small capital in any investment if you want to be rich, this is what is making some people not to get rich no matter how good they are in the investment like the way other investors that use huge amount of capital to start investment and they are doing greatly well.

You can only make this kind of decision when you are already rich and aside been rich this are steps you can use also before you become rich because procrastination is intertwined with laziness so the moment you can beat procrastination you are one step to making your life better, one of the things that have killed a lot of dreams is not more than procrastinating because, avoid spend anyhow is also a good thing because things are very expensive even if you want to invest some money you can save some for your upkeep, savings is very important so that you don't bother anyone for money, you have your own self respect to protect. The case of capital I think you invest what you have and that is why you will need to plan early you will be able to meet up with your budget, but it's a very good advice when you actually start with a big capital, but you don't have a huge amount just start with what you have, at least the amount you are getting from their should not be a problem small beginnings are not to be underestimated.
hero member
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August 17, 2024, 12:43:49 PM
If things turns out to be inherited with those children then of course it would really be still need to be continued to be handled up well and just like said that this world is really that having those changes when it comes to technology and other aspects. You cant really just that make your business to be stagnant for it to become that outdated. Competition on certain industries would really be that high and this is why for those people who had been left out with those inheritance then it should be something to be continued on the right way. Rich people would really be having that passive income
via means about investment and business. If you wouldnt really be that making yourself that mindful about this aspect then sooner or later you would be able to find out that your
business is really been left out in the competition.
There are many aspects that have changed because humans have to keep up with the times and business cannot always be run with the same pattern. For example, in the past, people running businesses did not use media as a promotional step, but now the times require promotion to be carried out using many available styles and platforms. A child can handle a business well if he has skills and that is why parents need to teach children how to be responsible for the work they do or are involved in.

Competition in the business world is also increasing where people have to really understand how to do it. If not, it is not impossible that the business you are running will experience a setback and result in bankruptcy. It is not easy to run a business amidst the development of technology or the internet because if someone does not have the ability to develop it will make the business not run well.
hero member
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August 17, 2024, 04:43:27 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.

You know alot of people can actually follow this rules and still end up being poor!? So what's the cause or Remedy to avert that.
Yes I would say all of this criterias you've mentioned are very much sufficient in making anyone rich but I think being rich doesn't literally depends on that.

What Matters aside not procrastinating, choosing the right circle of friends, taking risks and so on is your determination,alot of individuals find themselves abiding by this rules but the fact that they ain't determine to take on the task of becoming rich pends the ability for them to achieve that speedily,and another is believing in your self.
When you don't believe you can be rich, there's no magic from anywhere to make you rich.so you have to Believe you can actually make it having followed all this rules and also be determined to face anything upfront.
hero member
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August 17, 2024, 04:37:10 AM
I think procrastination and the fear of risk taking are most often the two factors that should certainly be avoided if you have set your goal to become rich. No one can be rich without taking a calculated risk, and getting rich will not be made possible if in the first place you are afraid to take some risks. While there are risk to lose and eventually lose all your capital, but I really think everyone who are in the rich position nowadays have endured a lot of losses before and takes no shortcuts to getting rich.
I think for calculated risk, this is done by those who have been done taking other risk first with either investment or business. But those that have total zero knowledge about taking risks, they're more eager and brave in taking risk because they have nothing to protect for themselves and they just go all out and believes to what they're doing.

But those that have done well enough and understand how taking risk goes, they have to take calculated risk and won't just go all out anymore. So, the risk is there for the first timers and they have the idea that this is like all out or nothing but they have nothing to lose but will gain more experience that will lead them to a better understanding on how the rich becomes richer and how they are taking risk based on how much they have.

Procrastination has a big factor for those aspiring rich folks. When they've got a good idea and have good plans but never done anything towards it and remains laggard to themselves instead of making it happen.
legendary
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August 16, 2024, 07:21:40 PM
Things to avoid if you want to be rich:
1) Avoid procrastination completely, you want to be rich in life avoid anything that will make you not to do the right thing to get a right result, because procrastination is a destiny killer and it will never make you rich no matter the effort you put in place.
2) Spending your funds anyhow, when you continue spending your funds to things that will not bring any income,  and if you continue to spend the funds without putting an end to it, it will be difficult for you to become rich for the rest of your life.
3) Avoid small capital in any investment if you want to be rich, this is what is making some people not to get rich no matter how good they are in the investment like the way other investors that use huge amount of capital to start investment and they are doing greatly well.

4) Diversification of income sources: This is the most important principle that most successful investors rely on, and it means not relying on one source of income, no matter how high that income is. When a person relies on one source of income, he is vulnerable to market fluctuations and economic changes that may affect his income. By diversifying income sources, he can distribute risks across several investments or different sources of income, which reduces the possibility of total loss. This also gives a person more opportunities to achieve greater growth, as he can benefit from various economic sectors and achieve profits in different circumstances.
legendary
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August 16, 2024, 06:34:48 PM
I think procrastination and the fear of risk taking are most often the two factors that should certainly be avoided if you have set your goal to become rich. No one can be rich without taking a calculated risk, and getting rich will not be made possible if in the first place you are afraid to take some risks. While there are risk to lose and eventually lose all your capital, but I really think everyone who are in the rich position nowadays have endured a lot of losses before and takes no shortcuts to getting rich.
full member
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August 16, 2024, 06:26:49 PM
I want to be rich you have to strategize well and make sure that you are innovative in life, despite that their is things that will hinder you spiritually not to be successful in life, but focus is one of the methods that gives joy and understanding of richness in life, different people will bring different ideas of cryptocurrency but I know very well that your strategy matters for you to be rich in life, so believe me, strategy matters but people will think that hard working is not the basic foundation of getting rich, so I know that you have to know things that's behind richness
hero member
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August 16, 2024, 05:50:35 PM
Avoid having the mindset that you might lose money when you build a business, even if you only have a small capital fund. Instead,  we should have a positive attitude and should not give up immediately when experiencing problems or trials in life.
This kind of thing will not be easy to build quickly because after all, until now what I believe is that mentality and mindset can be built from environmental factors even though there are other factors but of course environmental factors always have a role in this so that when we want a good mindset, apart from the friendship environment, we must also try as much as possible to think about environmental factors because this will affect in terms of mentality and desire.

Many people do not want to get out of their comfort zone even though for their own good it is based on those who do have a fear of getting out of that zone because indeed their mindset and environmental factors are not supportive so they will find it difficult to try something new and do not want to challenge themselves with risks that they should conquer as a form of process to make life better.
sr. member
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August 16, 2024, 05:04:35 PM
Avoid having the mindset that you might lose money when you build a business, even if you only have a small capital fund. Instead,  we should have a positive attitude and should not give up immediately when experiencing problems or trials in life.
You said correct, In business both losses and gains are faced.  It is important that we do not shrink our hearts when there is loss.  Every loss is followed by a new opportunity from which more profits can be made.  If we are in loss today. we may gain tomorrow.  We should believe in ourselves that we can handle any situation.  Success in business comes from constant effort and patience.  Every loss is a new lesson which helps us move forward.  Always remember that profit and loss are part of business.  The path to success is only for those who have the courage to handle both.
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