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5 Common Mistakes That Prevent People From Becoming Millionaires

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

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 May 24, 2019

How to Be Productive at Home and Make Every Day a Productive Day

How to Be Productive at Home and Make Every Day a Productive Day

If you’ve ever wondered how to be productive at home or how you could possibly have a more productive day, look no further.

Below you’ll find six easy tips that will help you make the most out of your time:

1. Create a Good Morning Routine

One of the best ways to start your day is to get up early and eat a healthy breakfast.

CEOs and other successful people have similar morning routines, which include exercising and quickly scanning their inboxes to find the most urgent tasks.[1]

You can also try writing first thing in the morning to warm up your brain[2] (750 words will help with that). But no matter what you choose to do, remember to create good morning habits so that you can have a more productive day.

If you aren’t sure how to make morning routine work for you, this guide will help you:

The Ultimate Morning Routine to Make You Happy And Productive All Day

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2. Prioritize

Sometimes we can’t have a productive day because we just don’t know where to start. When that’s the case, the most simple solution is to list everything you need to get accomplished, then prioritize these tasks based on importance and urgency.

Week Plan is a simple web app that will help you prioritize your week using the Covey time management grid. Here’s an example of it:[3]

    If you get the most pressing and important items done first, you will be able to be more productive while keeping stress levels down.

    Lifehack’s CEO, Leon, also has great advice on how to prioritize. Take a look at this article to learn more about it:

    How to Prioritize Right in 10 Minutes and Work 10X Faster

    3. Focus on One Thing at a Time

    One of the biggest killers of productivity is distractions. Whether it be noise or thoughts or games, distractions are a barrier to any productive day. That’s why it’s important to know where and when you work best.

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    Need a little background noise to keep you on track? Try working in a coffee shop.

    Can’t stand to hear even the ticking of a clock while writing? Go to a library and put in your headphones.

    Don’t be afraid to utilize technology to make the best of your time. Sites like [email protected] and Simply Noise can help keep you focused and productive all day long.

    And here’s some great apps to help you focus: 10 Online Apps for Better Focus

    4. Take Breaks

    Focusing, however, can drain a lot of energy and too much of it at once can quickly turn your productive day unproductive.

    To reduce mental fatigue while staying on task, try using the Pomodoro Technique. It requires working on a task for 25 minutes, then taking a short break before another 25 minute session.

    After four “pomodoro sessions,” be sure to take a longer break to rest and reflect.

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    I like to work in 25 and 5 minute increments, but you should find out what works best for you.

    5. Manage Your Time Effectively

    A learning strategies consultant once told me that there is no such thing as free time, only unstructured time.

    How do you know when exactly you have free time?

    By using the RescueTime app, you can see when you have free time, when you are productive, and when you actually waste time.

    With this data, you can better plan out your day and keep yourself on track.

    Moreover, you can increase the quality of low-intensity time. For example, reading the news while exercising or listening to meeting notes while cooking. Many of the mundane tasks we routinely accomplish can be paired with other tasks that lead to an overall more productive day.

    A bonus tip, even your real free time can be used productively, find out how:

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    20 Productive Ways to Use Your Free Time

    6. Celebrate and Reflect

    No matter how you execute a productive day, make sure to take time and celebrate what you’ve accomplished. It’s important to reward yourself so that you can continue doing great work. Plus, a reward system is an incredible motivator.

    Additionally, you should reflect on your day in order to find out what worked and what didn’t. Reflection not only increases future productivity, but also gives your brain time to decompress and de-stress.

    Try these 10 questions for daily self reflection.

    More Articles About Daily Productivity

    Featured photo credit: Unsplash via unsplash.com

    Reference

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