If you think logically, this may not seems to make much sense. Who in this world would not want more success in their lives , be it career, family, relationship? However , on a deeper note, it is true that some are truly fearful of gaining success. WHY?
One of the factors is they are too complacent, too comfortable with what they have currently. Example, someone holding a not too bad job that pays $XXX a month and he knows how to get his job done (since he has been doing it for years). A promotion would means more responsibility and not necessarily a higher pay that commensurates with it. So, weighing the pros and cons, this guy could simply stay put in his position.
In the world of bodybuilding, there is a saying that you need to shock the muscles in order for it to grow. That means, you cannot stick to the same regime week in week out. A barbell bicep curl and an alternate dumbell curl will yield different results even though they are both working on your biceps. The same for using dumbells versus a cable pull machine.
So, in the world of investment, we too need to take a different approach. Our starting point is where you are right now, never mind your age, income or financial standing. You got to have the hunger, the urge to want to change, change for the better, expect better things to come in the future. We call that having a vision. www.biblegateway.com/passage/?search=Pro...)
Many great companies are where they are today because decades ago, the founders had a dream , a vivid imagination of what the company will be. They work towards their dreams. Nobody said it will be a straight path to success (perhaps that pullback, failure to some is what scares people to pursue) but one that has its usual ups and downs.
Your portfolio may not be green and profitable all year round but that is OK if you know what you are doing. You spend more time review them, scrutinise your investment objectives, weed out those companies that are not structurally aligned with your vision and continue to invest in great profitable companies. Stay on the course, that is easier said than done.
Others fear success because they may have a limiting beliefs about being rich. They may have seen someone in their lives that were rich and perhaps were disgusted with their arrogance, behaviour, etc. So they think if they become rich, they will be like them. These thoughts become so repelling that it becomes an obstacle to their impending success.
If you did not inherit your wealth, then you must know that many become successful because they put in lots of hard work. The latter may not guarantee success but it is an important ingredient. Work hard towards your vision/goals. The clearer you know what you want in life, they more self disciplined, committed you become. Your goals drive you , no external motivation of sort is needed.
You defer your spending because you have a better purpose to using that money. You choose to buy a cheaper product because it serves the same function and you save on the remaining sum for a better purpose. It becomes part of your daily routine, your daily habits. It no longer becomes a chore.
One benefit of becoming financially free or successful is it offers you CHOICES. For now, you may have to take on more than one job to save more money towards your goals. And that is fine. When you arrived, you discovered that you work not because you have to but you want to. The pressure is off, the mood is totally different and you look at things differently.
Just like how others have impacted on you, you too, when successful will become a role model to some. Others want to be like you, hard working, humble and yet generous to those in need, sharing your knowledge and making a difference in other lives. You do not need to be a philanthropist like Bill Gates or Warren Buffett to do what they are doing. Choose your own path and contribute in other meaningful ways as well.
Choose Success !
One of the factors is they are too complacent, too comfortable with what they have currently. Example, someone holding a not too bad job that pays $XXX a month and he knows how to get his job done (since he has been doing it for years). A promotion would means more responsibility and not necessarily a higher pay that commensurates with it. So, weighing the pros and cons, this guy could simply stay put in his position.
In the world of bodybuilding, there is a saying that you need to shock the muscles in order for it to grow. That means, you cannot stick to the same regime week in week out. A barbell bicep curl and an alternate dumbell curl will yield different results even though they are both working on your biceps. The same for using dumbells versus a cable pull machine.
So, in the world of investment, we too need to take a different approach. Our starting point is where you are right now, never mind your age, income or financial standing. You got to have the hunger, the urge to want to change, change for the better, expect better things to come in the future. We call that having a vision. www.biblegateway.com/passage/?search=Pro...)
Many great companies are where they are today because decades ago, the founders had a dream , a vivid imagination of what the company will be. They work towards their dreams. Nobody said it will be a straight path to success (perhaps that pullback, failure to some is what scares people to pursue) but one that has its usual ups and downs.
Your portfolio may not be green and profitable all year round but that is OK if you know what you are doing. You spend more time review them, scrutinise your investment objectives, weed out those companies that are not structurally aligned with your vision and continue to invest in great profitable companies. Stay on the course, that is easier said than done.
Others fear success because they may have a limiting beliefs about being rich. They may have seen someone in their lives that were rich and perhaps were disgusted with their arrogance, behaviour, etc. So they think if they become rich, they will be like them. These thoughts become so repelling that it becomes an obstacle to their impending success.
If you did not inherit your wealth, then you must know that many become successful because they put in lots of hard work. The latter may not guarantee success but it is an important ingredient. Work hard towards your vision/goals. The clearer you know what you want in life, they more self disciplined, committed you become. Your goals drive you , no external motivation of sort is needed.
You defer your spending because you have a better purpose to using that money. You choose to buy a cheaper product because it serves the same function and you save on the remaining sum for a better purpose. It becomes part of your daily routine, your daily habits. It no longer becomes a chore.
One benefit of becoming financially free or successful is it offers you CHOICES. For now, you may have to take on more than one job to save more money towards your goals. And that is fine. When you arrived, you discovered that you work not because you have to but you want to. The pressure is off, the mood is totally different and you look at things differently.
Just like how others have impacted on you, you too, when successful will become a role model to some. Others want to be like you, hard working, humble and yet generous to those in need, sharing your knowledge and making a difference in other lives. You do not need to be a philanthropist like Bill Gates or Warren Buffett to do what they are doing. Choose your own path and contribute in other meaningful ways as well.
Choose Success !
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