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5 Common Mistakes That Prevent People From Becoming Millionaires

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5 Common Mistakes That Prevent People From Becoming Millionaires

It is wishful thinking when you want something and you are not willing to make any sacrifice for it. Wealth is wanted by many people but they keep taking the fruitless route in getting it. it is good to study what defines the success of the wealthy before you setting out on your journey to become a millionaire. It will not simply help you to become wealthy but also to stay wealthy. Try and avoid these popular mistakes that could hurt your chances of becoming a millionaire.

They are not trying

“As long as you’re going to be thinking anyway, think big.” –Donald Trump

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It takes effort and lots of hard work to become successful. Most time people work hard not to become wealthy but simply to pay the bills. It all depends on the mindset we use to approach wealth because this can have a direct effect on how much money you make. Rather than focus on just working, you need to start trying to become a millionaire. Make sure it is a goal rather than just working to “get by.”

They don’t believe

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffet

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A lot of people adore the wealthy but they can’t ‘see’ themselves becoming one. They think that the rich must have done something crooked and evil to become wealthy. They would rather envy the wealthy and blame this or that for their inability to become wealthy. All millionaires see money as something they are entitled to have. You have to develop your positive thinking to make sure you attain wealth. Don’t make that mistake that wealth belongs to a certain few and you cannot be among that few.

They don’t trust in their guts

“Screw it, Let’s do it!” –Richard Branson

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If you want to be wealthy you have to stop listening to what other people say about you. You don’t need to look down at yourself or what you can do with the resources you have at your disposal. Being a millionaire is an energetic journey that can only be taken by you. And you have to let your instincts direct you at certain times on what smart decisions you have to take.

They procrastinate

“While the masses are waiting to pick the right [lotto] numbers and praying for prosperity, the great ones are solving problems.” – Steve Siebold

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A lot of people tend to wait when they need to be taking action. A lot of people wait for the right time, the right amount of money or a better opportunity before they take action. You can’t afford to wait for success, you have to go out to meet it. No one is going to fix your problems except you. Procrastination is a thief of time and all that waiting will stop you from achieving what you really want and becoming the person you can be. You can’t leave your pursuit of wealth to chance or allow external factors to determine what you can become.

They have a terrible relationship with money

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki

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To be successful you have to treat money the same way a jealous lover treats his/her partner. You have to improve your relationship with money to become a millionaire. Having a healthy relationship with money means you are responsible, respectful and do honorable things with money. Learn to see money as a tool to becoming what you want to be. Once you start seeing money as a liberator rather than a necessary evil, you will be able to purchase a financial peace of mind and attract more opportunities.

Featured photo credit: https://unsplash.com/ via unsplash.com

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Casey Imafidon

Specialized in motivation and personal growth, providing advice to make readers fulfilled and spurred on to achieve all that they desire in life.

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Last Updated on October 21, 2021

How to Create Your Own Ritual to Conquer Time Wasters and Laziness

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How to Create Your Own Ritual to Conquer Time Wasters and Laziness

Life is wasted in the in-between times. The time between when your alarm first rings and when you finally decide to get out of bed. The time between when you sit at your desk and when productive work begins. The time between making a decision and doing something about it.

Slowly, your day is whittled away from all the unused in-between moments. Eventually, time wasters, laziness, and procrastination get the better of you.

The solution to reclaim these lost middle moments is by creating rituals. Every culture on earth uses rituals to transfer information and encode behaviors that are deemed important. Personal rituals can help you build a better pattern for handling everything from how you wake up to how you work.

Unfortunately, when most people see rituals, they see pointless superstitions. Indeed, many rituals are based on a primitive understanding of the world. But by building personal rituals, you get to encode the behaviors you feel are important and cut out the wasted middle moments.

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Program Your Own Algorithms

Another way of viewing rituals is by seeing them as computer algorithms. An algorithm is a set of instructions that is repeated to get a result.

Some algorithms are highly efficient, sorting or searching millions of pieces of data in a few seconds. Other algorithms are bulky and awkward, taking hours to do the same task.

By forming rituals, you are building algorithms for your behavior. Take the delayed and painful pattern of waking up, debating whether to sleep in for another two minutes, hitting the snooze button, repeat until almost late for work. This could be reprogrammed to get out of bed immediately, without debating your decision.

How to Form a Ritual

I’ve set up personal rituals for myself for handling e-mail, waking up each morning, writing articles, and reading books. Far from making me inflexible, these rituals give me a useful default pattern that works best 99% of the time. Whenever my current ritual won’t work, I’m always free to stop using it.

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Forming a ritual isn’t too difficult, and the same principles for changing habits apply:

  1. Write out your sequence of behavior. I suggest starting with a simple ritual of only 3-4 steps maximum. Wait until you’ve established a ritual before you try to add new steps.
  2. Commit to following your ritual for thirty days. This step will take the idea and condition it into your nervous system as a habit.
  3. Define a clear trigger. When does your ritual start? A ritual to wake up is easy—the sound of your alarm clock will work. As for what triggers you to go to the gym, read a book or answer e-mail—you’ll have to decide.
  4. Tweak the Pattern. Your algorithm probably won’t be perfectly efficient the first time. Making a few tweaks after the first 30-day trial can make your ritual more useful.

Ways to Use a Ritual

Based on the above ideas, here are some ways you could implement your own rituals:

1. Waking Up

Set up a morning ritual for when you wake up and the next few things you do immediately afterward. To combat the grogginess after immediately waking up, my solution is to do a few pushups right after getting out of bed. After that, I sneak in ninety minutes of reading before getting ready for morning classes.

2. Web Usage

How often do you answer e-mail, look at Google Reader, or check Facebook each day? I found by taking all my daily internet needs and compressing them into one, highly-efficient ritual, I was able to cut off 75% of my web time without losing any communication.

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3. Reading

How much time do you get to read books? If your library isn’t as large as you’d like, you might want to consider the rituals you use for reading. Programming a few steps to trigger yourself to read instead of watching television or during a break in your day can chew through dozens of books each year.

4. Friendliness

Rituals can also help with communication. Set up a ritual of starting a conversation when you have opportunities to meet people.

5. Working

One of the hardest barriers when overcoming procrastination is building up a concentrated flow. Building those steps into a ritual can allow you to quickly start working or continue working after an interruption.

6. Going to the gym

If exercising is a struggle, encoding a ritual can remove a lot of the difficulty. Set up a quick ritual for going to exercise right after work or when you wake up.

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7. Exercise

Even within your workouts, you can have rituals. Spacing the time between runs or reps with a certain number of breaths can remove the guesswork. Forming a ritual of doing certain exercises in a particular order can save time.

8. Sleeping

Form a calming ritual in the last 30-60 minutes of your day before you go to bed. This will help slow yourself down and make falling asleep much easier. Especially if you plan to get up full of energy in the morning, it will help if you remove insomnia.

8. Weekly Reviews

The weekly review is a big part of the GTD system. By making a simple ritual checklist for my weekly review, I can get the most out of this exercise in less time. Originally, I did holistic reviews where I wrote my thoughts on the week and progress as a whole. Now, I narrow my focus toward specific plans, ideas, and measurements.

Final Thoughts

We all want to be productive. But time wasters, procrastination, and laziness sometimes get the better of us. If you’re facing such difficulties, don’t be afraid to make use of these rituals to help you conquer them.

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More Tips to Conquer Time Wasters and Procrastination

 

Featured photo credit: RODOLFO BARRETO via unsplash.com

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