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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 March 23, 2021

Manage Your Energy so You Can Manage Your Time

Manage Your Energy so You Can Manage Your Time

One of the greatest ironies of this age is that while various gadgets like smartphones and netbooks allow you to multitask, it seems that you never manage to get things done. You are caught in the busyness trap. There’s just too much work to do in one day that sometimes you end up exhausted with half-finished tasks.

The problem lies in how to keep our energy level high to ensure that you finish at least one of your most important tasks for the day. There’s just not enough hours in a day and it’s not possible to be productive the whole time.

You need more than time management. You need energy management

1. Dispel the idea that you need to be a “morning person” to be productive

How many times have you heard (or read) this advice – wake up early so that you can do all the tasks at hand. There’s nothing wrong with that advice. It’s actually reeks of good common sense – start early, finish early. The thing is that technique alone won’t work with everyone. Especially not with people who are not morning larks.

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I should know because I was once deluded with the idea that I will be more productive if I get out of bed by 6 a.m. Like most of you Lifehackers, I’m always on the lookout for productivity hacks because I have a lot of things in my plate. I’m working full time as an editor for a news agency, while at the same time tending to my side business as a content marketing strategist. I’m also a travel blogger and oh yeah, I forgot, I also have a life.

I read a lot of productivity books and blogs looking for ways to make the most of my 24 hours. Most stories on productivity stress waking up early. So I did – and I was a major failure in that department – both in waking up early and finishing early.

2. Determine your “peak hours”

Energy management begins with looking for your most productive hours in a day. Getting attuned to your body clock won’t happen instantly but there’s a way around it.

Monitor your working habits for one week and list down the time when you managed to do the most work. Take note also of what you feel during those hours – do you feel energized or lethargic? Monitor this and you will find a pattern later on.

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My experiment with being a morning lark proved that ignoring my body clock and just doing it by disciplining myself to wake up before 8 a.m. will push me to be more productive. I thought that by writing blog posts and other reports in the morning that I would be finished by noon and use my lunch break for a quick gym session. That never happened. I was sleepy, distracted and couldn’t write jack before 10 a.m.

In fact that was one experiment that I shouldn’t have tried because I should know better. After all, I’ve been writing for a living for the last 15 years, and I have observed time and again that I write more –and better – in the afternoon and in evenings after supper. I’m a night owl. I might as well, accept it and work around it.

Just recently, I was so fired up by a certain idea that – even if I’m back home tired from work – I took out my netbook, wrote and published a 600-word blog post by 11 p.m. This is a bit extreme and one of my rare outbursts of energy, but it works for me.

3. Block those high-energy hours

Once you have a sense of that high-energy time, you can then mold your schedule so that your other less important tasks will be scheduled either before or after this designated productive time.

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Block them out in your calendar and use the high-energy hours for your high priority tasks – especially those that require more of your mental energy and focus. You also need to use these hours to any task that will bring you closer to you life’s goal.

If you are a morning person, you might want to schedule most business meetings before lunch time as it’s important to keep your mind sharp and focused. But nothing is set in stone. Sometimes you have to sacrifice those productive hours to attend to other personal stuff – like if you or your family members are sick or if you have to attend your son’s graduation.

That said, just remember to keep those productive times on your calendar. You may allow for some exemptions but stick to that schedule as much as possible.

There’s no right or wrong way of using this energy management technique because everything depends on your own personal circumstances. What you need to remember is that you have to accept what works for you – and not what other productivity gurus say you should do.

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Understanding your own body clock is the key to time management. Without it, you end up exhausted chasing a never-ending cycle of tasks and frustrations.

Featured photo credit: Collin Hardy via unsplash.com

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