Well, what I feel most about this is the environment and choice of friends. Many of my friends prefer to work in a government or private agency, and quite a few of them are competing for that. When I suggested making a business, they were not enthusiastic at all, and as a result, almost all of us felt the same lack of enthusiasm.
Therefore, I try to choose friends who are struggling to create their own business, or their own business with minimal capital. Even though progress is slow, it is already starting to be seen. In fact, some of them already earn more than their friends who work for a company. However, if we want to have a lot of money, then we need to build a business.
Topic: Things to avoid if you want to be rich. - page 7. (Read 1582 times)
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.
Being rich doesn't mean you have to work hard, but it's more on you have to work smartly so you can take advantage every opportunity that comes in front of you. While taking risk is the first thing to do, however learn to take things at your own risk. Know your limits and your potentials so you won't keep beating around the bush but go straight to the point where your goal is.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.
and when you have succeeded in getting a stable profit or income, what must be considered is money management, one of which is paying attention to expenses that are not too important. many people have problems with their finances and I think that's because they don't consider and pay attention to their expenses properly, and that must be fixed to be even better.
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.
Being rich doesn't mean you have to work hard, but it's more on you have to work smartly so you can take advantage every opportunity that comes in front of you. While taking risk is the first thing to do, however learn to take things at your own risk. Know your limits and your potentials so you won't keep beating around the bush but go straight to the point where your goal is. 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 almost agree with your points on this but there are a few things I would like to highlight in this regard especially on the issue of procrastination and fear of taking risks.
Technically what you said is true but when talking about the problem of procrastination it sometimes happens from several aspects that make them always delay what they should realize and it is also related to the fear of taking risks and getting out of the comfort zone that they currently have which makes them have to always postpone the plans they will do for fear that the expectations they want do not go straight with the existing reality.
In addition, the natural factor of some human traits such as laziness is another reason where they are too relaxed to enjoy life until they do not realize that there must be demands that they must do to support their future.
If in the end we are serious about changing our lives for the better then indeed courage must also be fertilized early on so that the plans we want to do can be realized by taking all the risks without having to procrastinate first.
Technically what you said is true but when talking about the problem of procrastination it sometimes happens from several aspects that make them always delay what they should realize and it is also related to the fear of taking risks and getting out of the comfort zone that they currently have which makes them have to always postpone the plans they will do for fear that the expectations they want do not go straight with the existing reality.
In addition, the natural factor of some human traits such as laziness is another reason where they are too relaxed to enjoy life until they do not realize that there must be demands that they must do to support their future.
If in the end we are serious about changing our lives for the better then indeed courage must also be fertilized early on so that the plans we want to do can be realized by taking all the risks without having to procrastinate first.
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.
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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.
Is this still a thing in 2024? Why will procrastinating be the reason why you can't achieve your goals of being rich when the world is getting so costly that money is becoming the most important thing to have to enjoy life so then why aren't you doing things that can give you money instead of procrastinating. Is that thing that you're doing worth more than the things you should be doing for money that you have to give it more attention and procrastinating on your plans for acquiring wealth. Is just like someone saying he wants to use the money that he's meant to use to buy Bitcoin to drink and party, that's just stupidity and such person isn't ready to be rich.
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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.
Why, what are you doing with broke friends or those with a different mentality than yours, you can't be with those that don't care about their future and expect to be different. Irrespective of your goals, you're slowly going to become like them because negative energy is more contagious than positive energy. Having friends with no financial education is the reason you haven't achieved what you want to achieve so you must let go of those friends and go build a better cycle that'll impact your life and when you get what you want, you can go back to help your friends.
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.
If you want to be rich Nah, I say if you don't want to be poor stop procrastination because doing nothing will take you nowhere even if you are smart and have good plans but you won't be rich until you work on those plans sitting idle in your mind. 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.
You might be surprised to hear but my parents told me otherwise they said if you are in the company of rich friends you will feel the absence of fun, enjoyment, night outs, and other fun and investment stuff they can do and you cannot. I realized their advice is good because no rich friend is going to invest for you but if you are smart and can do the hard work then your rich friends can invest in it and you can start your own startups. But making rich friends only for money is also not moral as you mentioned. Fear of failure and risk-taking is what I have learned recently because for a long time, I wanted to start another website but due to funds deficiency I was not able to but I have learned that if you want to take another risk then you have to give up on something and that must be fear of failure and risk-taking its the most necessary part and I just love your post.
There's a saying that information is power and one of the key to success, one mustn't expect to leave under the expenses of their rich friends, at some point they could get tired and see the person like a liability instead of an addition to their rich circle but if someone can gather informations from their rich friends and work hard enough to be like them, then they'll be on their road to success.
The person's success rate mustn't come fast but on a gradual process and if they put more effort and work hard consistently then success would be at their door step.
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.
The points you made are all true and we must apply them in our daily lives. We must also completely eliminate the ego of envy. Do not envy others, but make it your inspiration. Stay away from anything related to debt, especially debt for investment.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.
In addition, there are several things we must do to become rich, whatever we do, look at the results, not the process, we must also be able to work for a while and be productive, not all day. We must also be consistent and expert in one field that is being pursued, understand and believe in the vision, be good at controlling emotions, must be able to make profitable transactions, manage budgets, divide time in great detail because time is very valuable, and finally, always look for new things, new insights, new challenges. It is easy in theory but when practiced it is difficult but all of this comes back to a strong intention.
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.
If you want to be rich Nah, I say if you don't want to be poor stop procrastination because doing nothing will take you nowhere even if you are smart and have good plans but you won't be rich until you work on those plans sitting idle in your mind. 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.
You might be surprised to hear but my parents told me otherwise they said if you are in the company of rich friends you will feel the absence of fun, enjoyment, night outs, and other fun and investment stuff they can do and you cannot. I realized their advice is good because no rich friend is going to invest for you but if you are smart and can do the hard work then your rich friends can invest in it and you can start your own startups. But making rich friends only for money is also not moral as you mentioned. Fear of failure and risk-taking is what I have learned recently because for a long time, I wanted to start another website but due to funds deficiency I was not able to but I have learned that if you want to take another risk then you have to give up on something and that must be fear of failure and risk-taking its the most necessary part and I just love your post.
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.
Our resources not only include things we all understand like money, but it also includes intangible things like our time, youth and health, as very often I see people that are wasting all three at the same time, and then some years down the line they wonder how is possible they are still at the same place without moving forward? And that happens because they wasted years thinking they had all the time in the world, only to realize this was not really the case. 
Becoming successful doesn't even mean one must tie themselves with the rich circle before getting prosperous in life but what I usually says is that rich or becoming wealthy is from the state of mind and not the people role yourself with. There are many people who had the opportunity to be with some wealthy people but since they can't utilized the information gotten from them they still bounce back to square one where they came from because that mindset to recreate information given to them to be productive is where the problems lies.
What matters is determination, if you are determined to make success in life even though you found yourself in the poorest country you would still be Rich. For instance just take a look at our country Nigeria, there are lot of people who are crying about our economy today that is so bad but yet same country millionaire are emerging from it so does it mean that these people that are becoming wealthy has 100 heads or have all it takes to be wealthy? To me it's simply No because everyone nation has poor people and Rich people as well.
What matters is determination, if you are determined to make success in life even though you found yourself in the poorest country you would still be Rich. For instance just take a look at our country Nigeria, there are lot of people who are crying about our economy today that is so bad but yet same country millionaire are emerging from it so does it mean that these people that are becoming wealthy has 100 heads or have all it takes to be wealthy? To me it's simply No because everyone nation has poor people and Rich people as well.
I think it's good to try to obtain good education and to get a fairly decent job (even if low-paying), because those can be places to establish good connections and move up in social vertical mobility. But I don't like the idea of trying to be friends with rich people to become rich. Friends should be chosen for other qualities.
Then the fears of risk and of failure might actually be helpful in certain situations, so that the person doesn't go all-in and ends up losing everything or ending up in huge debt.
It's important to assess the risks and the consequences of failure, so that decisions are made rationally.
Then the fears of risk and of failure might actually be helpful in certain situations, so that the person doesn't go all-in and ends up losing everything or ending up in huge debt.
It's important to assess the risks and the consequences of failure, so that decisions are made rationally.
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.
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.
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.
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.
Procrastination
Wrong circle of friends
Fear of failure
Fear of risk taking
I agree with the 4 points above and it is undeniable that procrastination is an activity that makes you lag behind others who work 2x harder than those who put aside opportunities as if they will come back tomorrow. The point is to do it now while you can otherwise someone else will take it. Competing in increasing your productivity is the best way to achieve success. Maybe I want to add some points like getting out of the rules and creating your own freedom to control the situation, don't let yourself be controlled. Become a leader even when everyone doubts our self-confidence.Wrong circle of friends
Fear of failure
Fear of risk taking
Have I personally been able to do all that? of course not, because as humans sometimes lazy, at the lowest point, confused to decide, and not a few feel fed up with situations that seem unfair.
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.
Our future lies in our actions today, not just in our plans. It is impossible to become rich, but of course, we also have to change the way we think and plan our future. Learning things that may help us is necessary because it is a tool for reaching our goals.
Most importantly, we believe in ourselves that we can do it better than we think others can.
The most important thing that I see people do is that if they remove this habit, they will really excel in what they are doing. It is the automatic negative thoughts that come up all the time in that programming in your mind. This would translate into reality. You are harmful if you always think you are what you say.
It’s better to say positive things and make yourself that positive; it is like conditioning yourself as well.
It’s better to say positive things and make yourself that positive; it is like conditioning yourself as well.
OP, no offense, I skimmed through your posts. Now, after creating this thread, I have a question: Are your lessons based on personal experience? Have you gone through the entire path you teach? Does that mean you are rich? Can I think of that?
Quote your post:
In fact, all of this has been online for a long time, all these motivational lessons, and so on. But forgive me, OP; it's just funny to see when people start teaching things they are not educated in. Is it possible to have more life experience and not hackneyed phrases about procrastination?
Tell us how you became rich based on all your posts.
I'm just sure that the OP is simply paraphrasing AI posts and passing them off as his own knowledge.
This thread is not centered on whether i am rich or not, but to motivate people on their journey towards success, I might not be as wealthy as some people here in the forum, but by God's grace, I've been opportuned to manage my dad's real estate business and if I wasn't disciplined enough to manage it, i would've probably squandered the funds that comes from the business like most people do.Quote your post:
A lot things in life could be easier said than done, like securing a good job in an uncivilised environment, quit smoking, living the life of a super star, ....bla bla
In fact, all of this has been online for a long time, all these motivational lessons, and so on. But forgive me, OP; it's just funny to see when people start teaching things they are not educated in. Is it possible to have more life experience and not hackneyed phrases about procrastination?
Tell us how you became rich based on all your posts.
I'm just sure that the OP is simply paraphrasing AI posts and passing them off as his own knowledge.
Talking about an uncivilised environment, who says everyone living in 3rd world countries are poor? Yes majority might having issues in getting ends meet but I want to correct the impression that it's not for everyone.
OP, that's the point; saying and doing it are different things. Theory should always go hand in hand with practice; that's why I'm asking for personal experience, not fancy slogans. If you only speak slogans, nothing will happen; everyone knows how to read, as was said by Robert Kiyosaki and Napoleon Hill, as well as a hundred similar writers of motivators. But the problem is that ordinary appeals do not work; everyone has their way, and here on the forum, there are tons of similar posts. However, show me someone who follows the points you described. If you do not understand my message, I will say that the post is useless. The Internet is full of this rubbish; why is it here?
It's very important to figure things to be avoided as much we also beseech on things to when we outreaches for richness.
Negligence to understand to only focus on what would make you reach without minding what could be a setback towards your enrichment goals would always be a hindrance to achieve those goals.
Being noted, it's required that while we strive on getting rich, living below our incomes will help our savings to grow that we might not be able to get the best of our dream life in a main time. That's the necessity to cut cost of living not to live beyond our incomes should be noted.
Understand the ethics of the particular sector where your income is depended so that you don't you can stand on a good risk management.
Negligence to understand to only focus on what would make you reach without minding what could be a setback towards your enrichment goals would always be a hindrance to achieve those goals.
Being noted, it's required that while we strive on getting rich, living below our incomes will help our savings to grow that we might not be able to get the best of our dream life in a main time. That's the necessity to cut cost of living not to live beyond our incomes should be noted.
Understand the ethics of the particular sector where your income is depended so that you don't you can stand on a good risk management.
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