Things to avoid to become rich; avoid joining the bandwagon. We are created uniquely and differently and as such it's not always that you do what others are doing that would ensure your wealth because if you check all these rich people we are hearing about now, they decided to think outside the box and created something for themselves. It's easy to grow your wealth when you engage in a business no one has thought of because then there'd be no competition, but that doesn't mean you'd take advantage of that to control the market.
Procrastination is what most have talked about here and I will still mention it because this seemingly harmless delay of something can cost you a lot being that the time you should have achieved things, you'd want to "rest" or as people try to deceive themselves " plan well". Time waits for no one and every little space you see, you utilize it.
Topic: Things to avoid if you want to be rich. - page 5. (Read 1582 times)
Most of these theories are pushed by people who are not even rich, this is the reason I have reduced how much information I consume about motivational speakers. I can say I am self motivated because I'm really learning from my every day life. It is even rumored that rich people rarely share the secret of how they became rich as that is treated as confidential information else people will use it and kick them out of business. The most important thing is to understand what you want and then go for it with everything you've got, you need no motivational speaker because "difficult times make strong people". If you are pushed to the wall by nature, that is if you so much desire to be rich, you will respond accordingly.
Indeed, everyone's advice is not right and life cannot be lived by following everyone's advice and we don't necessarily need advice or motivation to achieve success. We make the standards and principles of living ourselves and follow them. It is impossible to follow the path shown by others for a long time, but I do not deny that motivational speakers and encouragers impact our lives. It doesn't matter if we have someone to encourage us in our life, we don't give up easily.People who have legitimately earned money and gained wealth show it through their legitimate earnings, but many people who get rich by following wrong methods mostly follow their own whims. I also agree with the fact that they hide the story because they fear that if time finds out how they got to this point, their position may be taken away from them.
It is very difficult for a person earning a modest salary or living a modest life to progress very quickly, but if one does not lose heart and continues to work hard, he will surely achieve success one day. The more we work hard to live a good life, the more we can make the best of our lives.
You can be working hard while someone that's working smart will become wealthy while you're still killing yourself with hardwork. Hardworkers are the 9-5 workers and that's an older way to be rich. We should be working smarter and utilize the time we have for multiple sources of income and become Investors with the money we get from the works.
Well, that's also true but again there's no substitute for hard work. Hard workers need time but they always get success and become richer than others. I know some people who are lucky can work less smarty but still get success and rich but those people are very few in number. Hard workers often face tough times in their lives but in the end they are the happier ones. 
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 also have to avoid living beyond your means when you're just trying to make it. It's one of the biggest mistakes that people commit when they're just breaking it into the poverty line towards middle or upper class. They start buying shit they don't need, subscribing to stuff that they don't have to, and basically upgrading their lifestyle when they haven't figured out their finances yet. They also become very generous, thinking that the money's never gonna stop and they could always just make it back as soon as they spend 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.
Before they know it, they lost their source of income, they have no savings, and the people they once tried to please with gifts and favors are nowhere to be found. So yeah, be frugal, know how to budget, and when you're just trying to make it, live humbly.
~~~
You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.
There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways. The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.
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.
Health, family and personal growth. After all, true wealth is not only reflected in the number of bank accounts, but also in the overall happiness of life, but this is difficult to achieve, and many people cannot afford to be too busy with life. 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.
Some of them share their experiences on their success journey with others, but maybe they don't want other people to be as rich as they are. Some rich people are afraid when someone else can compete with them, but some others are not afraid at all and they are actually happy when someone else appears and is successful.
There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways. The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.
There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways. The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.
On the way to success, it is indeed better for you not to tell anyone, that is the best because people's nature will change quickly, especially when they see the success you have achieved. It is always necessary to be positive and not to highlight your life too much to others, indeed we must learn a lot from the experiences of people who have successfully taken a stance in managing their companies.
~~~
You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.
There are many success tips out there from the experiences of the richest people in the world, some of which are very inspiring. The thing is, we don't all need to follow the same path because in fact we can find our own path to success in various ways. The most important thing of all is being willing to try and being willing to work hard, success is a bonus from all of that which is then considered an achievement.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
Most of these theories are pushed by people who are not even rich, this is the reason I have reduced how much information I consume about motivational speakers.
You just hit the nail on the head, people sharing secrets to get rich aren't rich but hoping to be rich when they sell you the so called secrets and you buy. The average human won't share you their secret of wealth because they're scared that if you know what they know, that you might use it and become better than them. Don't be the ones they sell the products to consume and make money off you. I always say there are thousands of ways to succeed so you don't basically have to follow the exact path that others use to become wealthy but since people are looking for the quickest way, they tend to look for a blueprint which isn't a bad Idea but we should just be sure we're not being lied to.
Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.
You can be working hard while someone that's working smart will become wealthy while you're still killing yourself with hardwork. Hardworkers are the 9-5 workers and that's an older way to be rich. We should be working smarter and utilize the time we have for multiple sources of income and become Investors with the money we get from the works.
Out of all those mentioned things I could say that procrastination is going to be on the top. Most people do not get rich because of that procrastination, not only getting rich but they also can't get anything in life because of that procrastination.
Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.
Hard work is important to get success and riches in life and those who procrastinate can't work hard, that's a fact. How can one be successful or rich without hard work? I believe it's not possible and that's why if someone really wants to be successful or rich then he/she should focus on hardworking.
Avoid wasting of Resources, those who make use of their time on things that are not worth it will definitely know how it pains when they are in lacking of what they used to have before, one thing about wasting resources also is that, we may not know about the consequences now until it has gotten to a certain stage where its been made visible for us to see, resources are meant to be conserved, if we really know about the pattern needed or to use on this aspect about whatever some in to our hands.
I agree with you, but in some cases, there are people who, from the beginning, are always aware of what they are washing their resources on, but due to the level of earnings that they are having, they consider those resources, which they are wasting on something else, as nothing when they could have either saved them for rainy days or put them to good use until their source of income either stopped giving them the amount that they were receiving or their earnings stopped entirely from them. That's when they will start calculating all the wasted efforts, as they never believe that such a day will come. 
If a person wants to be rich, he must be a little different than average people. The number of ordinary people in the world is more but the number of rich people is less. The view of those common people and the view of rich people are not the same. A rich person is definitely more industrious. He is most focused on his work and determined to achieve his goals. Moreover, in the circle of wealthy individuals, everyone has a goal, everyone is optimistic. They are busy coming up with new action plans and ideas. Fear works for the poor to take initiative but not for a rich person. Those who are poor are always afraid they can't dare to take risks but a rich person can take decisions whenever he wants. Those who are poor can surely become rich if they change their attitude. Besides, there are other things that need to be given importance.
While procrastination, the wrong circle of friends, fear of failure, and fear of taking risks can all be obstacles, but not every situation can be reduced to one variable. There are many other factors that play into a person's eventual success or failure. For instance, variables such as background life opportunities, support available from society and mental health weigh heavily upon an individual's success. Getting through life's challenges is not always as easy as setting goals or getting into the right circle of friends; sometimes external circumstances beyond our control (like the economy) or having a tough personal situation can impede a person from being able to succeed no matter how hard they work at it or handle their fears. Risks should also be taken sensibly and not just for risk's sake.
Success, after all, is a rather holistic thing; it keenly dawns to us that everyone is on a unique path where there can exist no universal formula.
Success, after all, is a rather holistic thing; it keenly dawns to us that everyone is on a unique path where there can exist no universal formula.
There are many tips and advices to consider for anyone who wants financial freedom in his career. I bet most if not all people want to become rich or at least make enough for a good lifestyle. The difference between a hardworker and another is how and where they spend their income, and that's important to determine your future in any career or job you have taken or chose.
Sometimes it doesn't really matter if you have a great income and you don't invest it or save some of it for the future. That's why we have seen some football players that were making millions of dollars a month, however, they ended up losing everything and they went from rich to poor.
I want to share few things to avoid from my perspective:
- spending more than 80% of your income most of the time.
- wasting your young age in enjoying life early, and starting to work in yoir 30'.
- falling into addictions, such as drugs, alchol, gambling and anything that will waste your money.
- fear of investing in long term.
Sometimes it doesn't really matter if you have a great income and you don't invest it or save some of it for the future. That's why we have seen some football players that were making millions of dollars a month, however, they ended up losing everything and they went from rich to poor.
I want to share few things to avoid from my perspective:
- spending more than 80% of your income most of the time.
- wasting your young age in enjoying life early, and starting to work in yoir 30'.
- falling into addictions, such as drugs, alchol, gambling and anything that will waste your money.
- fear of investing in long term.
All the four points you’ve listed are valid points and they are all playing a vital role in anyone that ones to become rich. You have to work on this four things in order to be successful today. The fear of them can make you limit your capabilities and won’t make you achieve anything in the end even when time seems not to be by your side anymore. Fear of risk taking is also important to address very well because it has two things in them, you either risk to win or risk to learn, you can only get better with it. The risk taking could also be in some instances what you can afford to risk and not all of it, but if you’re determined and won’t stop taking the risk, you’ll one day make a fortune out of the many risks you’ve taken to be better and rich in the future.
1 is already hard and how much more if 4 of them? But, we can always take one step at a time. By there, we are also building an important trait which was called as patience. Fear of something as you said, may not totally prevent us but it might only limit our potential.Like for example me as an introvert, I have a fear of going outside but the good part is it makes me keep on learning new things inside of my house and I even found a job online. Of course, it will be better to work this fear out in order to be versatile and attain more benefits in life. Risk-taking, actually automatically comes with the two goodies you mentioned there, though indeed that some will only choose to win and not learn but they can hardly win because they lack in learnings anyway.
Stress is a new thing I learned that causes you to lose money. Two reasons for that, and they could either both happen at the same time, or just one of them could happen. Stress means that you may not work very well that easily, I haven't been working very well lately, for the past month or so I think, because something bad happened in my life and I am seeking therapist and trying to be better and I am taking medicine as well, but in general being this unhappy and sad makes me not work as well as I want to, and that is why in another business you might make less money, if you won your own business then you would certainly make less money.
Secondly, if you have stress then you may want to spend more, to make yourself feel better, you just open up amazon and order stuff and keep checking the entire amazon collection, which has I guess tens of thousands of products, maybe more I don't know, so it is not going to be easy.
Secondly, if you have stress then you may want to spend more, to make yourself feel better, you just open up amazon and order stuff and keep checking the entire amazon collection, which has I guess tens of thousands of products, maybe more I don't know, so it is not going to be easy.
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.
Avoiding yourself from unimportant things in life is something that should be done because for everyone who is trying to be successful in their own life including in terms of career and wealth, of course they must be able to place themselves in a more suitable and safer place for them when working and producing what they want. Because when we are able to place ourselves in a place that is more suitable for the skills we have, of course there will be no more pressure that we will feel in life. So be wise in placing ourselves in the surrounding environment so that there are no bad results from every effort we make.Always peoples those are going with good strategy and having good hobbies into their early life go through without any problem we are living in society which is complexed and mostly peoples need to go with their solid way, but they are fail to do just because of having ego and other things with after having troubling time they learn from their mistakes, but things like these are surely having huge negative impact on their future and having good future.
Life isn't all about pleasure and having fun. Although there are times you have to reward yourself, but if you are still on the road to success, don't waste the opportunity to finally get there and give your whole focus and attention just to reap what you have invested.
Invest while you can and seize all the opportunities while you are still able to, all those pleasures and luxuries in life can wait but investment opportunities shouldn't be missed.
celebrating something or appreciating yourself by celebrating is not wrong because I think that sometimes it needs to be done because we have to be able to think with us who have been able to stand strong to this point that is good enough based on ourselves. but indeed when that is done it does not mean that everything is over, but there is still a way that must be passed to reach a better point. self-appreciation is like taking a break when we travel using a vehicle. as long as we have not reached the final destination then everything is not over.Invest while you can and seize all the opportunities while you are still able to, all those pleasures and luxuries in life can wait but investment opportunities shouldn't be missed.
apart from that, investment is a good thing to do because it has the potential to bring profit, but not everyone understands investment and does not have to invest, also if we force other people like relatives to invest it is not the right thing, it is better to show the results obtained from the investment then it will motivate other people but of course not everyone will be motivated.
Well, it's your opinion, So, what You mentioned doesn't necessarily prevent or make you rich, it's something so complex that someone can become rich with a $1 ticket.
The first thing you need to do is define wealth for yourself, literally, calculate what makes you happy in the monetary aspect.
Since the concept of wealth measured in Fiat currency and in material things differs from person to person.
Then you simply get the percentage or average amount to support that idea of wealth, that number will then indicate the guidelines to obtain wealth.
The first thing you need to do is define wealth for yourself, literally, calculate what makes you happy in the monetary aspect.
Since the concept of wealth measured in Fiat currency and in material things differs from person to person.
Then you simply get the percentage or average amount to support that idea of wealth, that number will then indicate the guidelines to obtain wealth.
Maybe you should add "social anxiety" to your list. Most rich people have great social skills and are pretty extroverted. The ability to communicate and build valuable connections with influential people is the biggest advantage of most millionaires and billionaires.
I'm pretty introverted and I have social anxiety. This makes everything so difficult for me. I guess that I will never become rich and successful.
The lack of confidence and the desire to always stay inside your comfort zone can ruin your life. On the other hand, I'm not an ambitious person and I'm not dreaming about huge success, money and fame. I'm pretty OK with my current life.
I'm pretty introverted and I have social anxiety. This makes everything so difficult for me. I guess that I will never become rich and successful.
The lack of confidence and the desire to always stay inside your comfort zone can ruin your life. On the other hand, I'm not an ambitious person and I'm not dreaming about huge success, money and fame. I'm pretty OK with my current life.
Jump to: