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7 Habits You Must Build To Be Wealthy

7 Habits You Must Build To Be Wealthy

So, you want to be wealthy? That is definitely on the agenda for you. And yet, you are not quite there, are you? And you keep wondering when your time will come or maybe, you are beginning to think, you just won’t get there. Are you lacking something? Were you not born into the right family? Is there some trait you are just not aware of, yet? Why not you?

It gets like this at times, doesn’t it? The voice in your head gets a little louder and you begin to despair and wonder when your time is going to come. You are following the rules or so you think but maybe you are missing some of the habits. They seem too soft; they seem too unnecessary because you are looking for something solid to hang onto. A tip, a trick, a technique, a business hack that will turn everything around when you implement it but the truth is, my friend, that most of your success is going to come as a result of a few key habits that you implement and here is a starting point for you, if getting rich is to be a certainty in your life.

1. You Must Be Consistent

Too many wannabe wealthy people think that things have to work immediately, within three seconds, if they are ever going to work. So, they learn a new way to promote their business, they implement it for the said three seconds (a slight exaggeration!) and then they wait for the riches to pour in and then, nothing happens so they stop and change direction or quit.

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Getting rich happens when you stay on path for a long period of time. It happens when you realise that it is the day in, day out consistent following of a plan that gets you to your goal. Regardless of what the media may say, there are no overnight successes, there is only someone who consistently put one foot in front of the other daily, with eyes focused on the goal for as long as it took to get where they set out to go.You can be that person, too.

2. You must have boundaries

How much of your time is currently spent satisfying the needs and desires of the people in your world who do not have the same mission as you? How much time do you spend (and I must be blunt) people-pleasing? So much time is spent by the vast majority of people, keeping everyone happy. And it is usually at the expense of their own dreams, their own calling and mission. If you do want to be wealthy then you need to build the habit of controlling the access that other people have to you and this matters whether they are loved ones or customers or whoever.

Of course, there will be varying levels of access with a few key intimate family or friend relationships but overall, understand you are on a mission and therefore, you cannot spend all your time trying to be liked. Your goal is to serve as many people as possible, not please them. So, be a person with boundaries.

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3. You must get around like-minded people

How on earth are you going to create wealth and get rich if you and everyone around you is more likely to think that ‘lack’ is a normal way of life? Yes, you may have been brought up in an environment where most people lived a bland life. Yes, they may have assumed that they would get a job and stay in that job, just about getting by, until they died. However, if you have decided that you are going to get wealthy, then it is time to seek out a new crowd.

You become like the people you hang out with. So, again, in addition to having boundaries when it comes to certain people, dare to uplevel the relationships in your life. Choose to get around people who think it is normal to succeed. Let their thinking seep into your mind and heart and let it become your norm, too. You can be, do and have whatever you want and it helps to be surrounded by others who believe the same.

4. You must invest in your personal growth

Do you understand that you are your greatest asset? Whatever you invest in yourself, is not an expense, it literally is an asset and will continually produce results for you, time and time again. The books you read, the courses you attend, the coaching you get, all have the ability to accelerate your speed to becoming wealthy. Do not be one of those people who think that every teacher, coach, mentor out there is just trying to scam you. That is a poverty mindset. Every learning experience is just that, a learning experience. It is you, the student, who chooses what you take out of the experience. Implement Kaizen – the practice of continuous improvement.

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5. You must get comfortable with being uncomfortable

If it were possible to be wealthy while doing only the things that come easy and are comfortable to you, then you would already be rich. Form a habit of expanding yourself. Form a habit of stretching yourself by taking on more things that you normally wouldn’t do. Of course, be wise about this but do not be content to remain the same, unchallenged and unprovoked. It gets you nowhere fast. Instead, choose to do the things that you avoid. Choose to try a whole lot of new things in order to see what will actually work for you.Get comfortable with the uncomfortable.

6. You must get a journal

Yes, I am prejudiced about this. I think everyone should have a written journal – a place to record one’s thoughts, one’s desires, one’s crazy feelings and more. A safe place to peel off the layers and discover what is really going on beneath the hood. Yes, I do think you must have one. And more than that, you must get into the habit of writing in it daily, preferably during a form of quiet time first thing in the morning. I am being prescriptive, I know and yet, it will help you accelerate your personal growth. The daily routine of writing in the journal will keep you clear, keep you aware and keep you on track. The main key here is to raise your awareness. You cannot get rich and wealthy while living a passive, ‘whatever comes’, life. Get Deliberate.

7. You must believe you can do only what you love

A big obstacle for a lot of wannabe wealthy people is the thought that the only pathway to wealth is to be someone they don’t like, do things they don’t want to do and yes, they get to have it all but the cost seems too high. And, of course, it is. And yet, most of the people who do create vast amounts of wealth are not doing it while doing things they hate to do. There may be areas of their business that they dislike and mostly, they outsource those bits. Overall, those with true wealth enjoy their business and enjoy who they are. And for those who don’t, they tend to self-sabotage. We see this all the time in the media. To end this article, you must see that you always get what you expect to get, so if you expect wealth and getting rich to mean you must be someone you don’t like, you will not allow yourself to succeed.

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Why not choose to believe and take actions that align with who you want to be as a rich, wealthy person? Little by little, stop doing the things you do not enjoy and begin doing more of what you love.

Choose to create a life and a business you want, because you can.

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Rosemary Nonny Knight

Business & Life Strategist

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Last Updated on July 10, 2020

The Power of Ritual: Conquer Procrastination, Time Wasters and Laziness

The Power of Ritual: Conquer Procrastination, 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.

More Tips to Conquer Time Wasters and Procrastination

 

Featured photo credit: RODOLFO BARRETO via unsplash.com

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