Make sure you can't get rich if you're still conservative with these 15 thoughts
We often hear a lot of ways to get rich, however, choosing a way to get rich quick and able to do it yourself is not a simple thing.
More importantly, before deciding to start making money, the first thing that every person needs to determine is to change his mind about getting rich and money. If you want to become rich and still keep the lack of scientific, backward and conservative thoughts, you cannot be rich in a sustainable way.
Here are 15 common success and enrichment mistakes that Business Insider Magazine has compiled.
1. Buy expensive things
Spending too much money is a surefire path to a financial crisis and even if you start to earn more or earn a regular monthly income, don't use this to do it. your favorite habit of spending too much.
"Only until my business and investment create a lot of safe sources of income, at that time, I rewarded myself by buying a brand watch and my favorite car , " in millions. Rich Cardone himself. He also added that "I still drive a Toyota Camry despite being a millionaire. You are famous for your professional ethics, not on the extravagant furniture you can buy."
2. Think you don't deserve to be rich
According to the self-made millionaire Steve Siebold , "many people believe that wealth is a privilege that is only for lucky people. The truth is, in a capitalist country, you have the right to be rich if you are willing to create huge value for others ".
Siebold encourages everyone to ask themselves "Why not me?" . After that, let's think about bigger issues. Rich people often set very high goals and expectations so that they know they need to do their best if they want to achieve them.
3. Rely on only one source of income
In the book Change Your Habits, Change Your Life , self-made millionaire Thomas C. Corley - who spent 5 years studying the rich - sharing that " Self-made millionaires do not rely on a single source of income, they develop many sources of income and 3 seem to be "miraculous" numbers . 65% of the rich have at least 3 sources of income they have created before earning millions of dollars first " . For example, apart from opening a company, they also invest in real estate, securities or invest in other businesses.
4. Satisfied with what is known
The richest, most successful people are constantly learning, "developing" their brains and always looking for ways to continue learning after leaving university lectures. If there is an event that causes them to stop learning, they will learn in different forms or come back when everything has been resolved.
According to self-made millionaire Daniel Ally , this choice is entirely dependent on each person: "Often, employees will like to be given books by their bosses, go to seminars, courses or invite experts to the company to However, each person is forced to cultivate his or her knowledge if he wants to become even better.
5. Connect with inappropriate groups
Siebold writes: "Einstein said that consciousness is contagious. This does not mean that you should cut off contact with friends just because their net worth is low. However, if you want to be rich, you need to catch. connect with the richer than you ".
Think like this: "If you want to have a good shape, you will start to approach the beauties at the gym (to get the motivation to practice and learn how to lose weight). If you are interested in a religion You will have to talk to people at church, so if you want to get rich, you have to start socializing with the rich to learn the experience and knowledge from them. "
6. Free time just to . play
Rich people like to learn more than play. Take Warren Buffett as an example. This investment legend is famous for spending 80% of your working day reading.
According to Corley , 67% of rich people watch TV 1 hour or less a day, while only 23% of the poor spend 60 minutes each day in front of the radio.
Rich people spend their free time reading books and they especially like titles that are in self-help."The rich are the bookworms who always desire to improve themselves," Corley writes, in fact, almost 90% of the rich spend 30 minutes reading this book every day.
7. Do not share your financial plan with your partner
According to Ally, millions of couples never discuss financial matters together."They think this is uncomfortable, sometimes leading to controversy. However, you will not be rich unless you share your views on money with your spouse."
In addition, the cooperation of two people, in general, would be better than being independent."Money just goes up when both of you have a clear understanding of your family's financial situation and the effort to put it together makes that amount doubled."
If both of you do not have consensus, not only are you not rich but your marriage relationship is also very stressful. Finally, the disagreement about family money management is likely to be the root of divorce - something no one thought would happen before.
8. Do not save money when you are young
After all, your wealth is not defined by how much money you earn, but how much you save.
If you want to be rich, you have to "pay yourself first" - that is, when you have earned money, there must be a reserve amount to prepare for retirement or a plan. Future investments - and you must do this as soon as possible. Because, the time you save is far more important than the money you save.
According to Cardone , "put the money you saved into safe and confidential accounts (no one can know it.) Never use these accounts for any purpose, including the case. Until now, at least twice a year, I am burdened because I always invest surplus money in business projects that I cannot intervene. "
9. Only focus on savings
When looking carefully at the issue mentioned above, no one wants to put all the money into saving to neglect making money. From this point of view, Siebold has developed another idea that rich people focus on what they will achieve when taking risks rather than how to keep the money they have.
"Most of the time, focusing on discount cards and living frugally will miss a lot of great opportunities. Even in the midst of a cash crisis, the rich are willing to ignore the They are odd to focus on great opportunities, they are the "masters" of their ability to put all their spiritual energy into seeing great opportunities.
10. Working for money
In the book Rich Dad Poor Dad , author Robert Kiyosaki emphasized that "Working for money means you are selling your power to the boss. If money works for you, that means you keep the power and control it ".
Working for money is the easiest way - that is what we are taught at school (how to write CV, find work and work hard). Making money work for you - by opening a company, becoming a boss or investing - will come with risks and comfort in certain uncertainties.
This is the difference between rich people and people who choose to work to get paid.
11. Hiding in a safe area
According to Ally, "before you get 6-digit income, you must take risks and take risks. Accepting the risk requires you to place greater trust in yourself and others, taking steps a big breakthrough in life, even if you don't know where you're going ".
Staying in a safe area will be easier and there will often be a lot of people choosing that. However, this will make you never do anything great. Corley emphasized: "Being unable to separate yourself from the crowd is why many people never achieve success. You have to be different, to create your own world and then take people Join your world ".
12. Accepting to do things I don't like
After studying hundreds of rich people nearly a century ago, Napoleon Hill discovered something that the core factor that can help you get rich quick is to pursue your passion.
In his book Change Your Habits, Change Your Life , Corley also emphasized: "Every wealthy entrepreneur in my research has their own passion." Passionate people will get all the advantages of those who don't have it.
In the Stanford University graduation ceremony in 2005, Steve Jobs also emphasized: "You have to find what you love. The only way to do great things is to love what you do." .
13. Do everything yourself
According to Corley: "No one succeeds without supporting a group of other successful people."
Ally said that he was completely stuck until he asked for help: "At a certain point in my business career, I can't grow further until I recruit people. key . Most people don't like others to help because their ego is too big. "
Siebold also added that the rich are not afraid to invest in their future from the pockets of others (referring to borrowing money): "The upper class believes in using other people's money. They think it is not enough. "The money to buy something is not a problem. The real question is whether it is worth buying, investing or pursuing."
14. Negative thoughts
In Think and Grow Rich , Napoleon Hill wrote that "For those who think negatively there is no hope for their success." Success comes from exploring the potential of power and strength that will be promoted through cooperation with others. A person with a negative attitude of living cannot have this.
The author also cites that many studies now show that people who are positive and happy are more likely to be successful in their work and less unemployed. Also, according to Corley, "in my research, positive is the standard for all self-made millionaires I know."
15. Avoid failure
In the book " Rich Dad, Father Poor " , Kiyosaki emphasized that most people never win because they are afraid of failure. However, if you look from the perspective of people born to learn, you will grow a lot from your mistakes.
"We learn to walk when we fall. If we never fall, we never know how to walk. This is also true for learning to ride a bike ., also true for getting rich . Failure is part of the path you want to succeed ".
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