Why People Are Poor?
If everyone wants to be financially successful then why isnâ€™t everyone wealthy? The answer isnâ€™t a simple one, but I have created this list to help show some of the destructive behaviors, mistakes, and ideologies that people fall into that keep them from achieving success. Not all of these points will apply to you, but identifying the ones that do will help you reach your goals.
10) They Are Unable To Manage Their State
By state I mean your physiological and emotional state. Simply put, this is how you feel in the moment. You can be the most talented person in the world, but if you are in a dis-empowered emotional state you canâ€™t achieve crap.You are in a dis-empowered state if you feel overwhelmed, uncertain, or fearful. These will influence your decisions and undermine your ability to reach your aspirations and goals. If you find you are constantly experiencing these you are only setting yourself up for failure.As destructive as the dis-empowering states are, achieving an empowering state will give you the mental edge and attitude that you need to be successful. Here is a list of empowering states for business:
ambition, and passion.
By remaining in these states the majority of the time you will be better equipped to handle the hurdles that you will encounter.
- Imagine your life as a map.
- Your goal: Wealth and success.
- Step one: See things as they really are.
- Step two: See things as better than they are.
- Step three: Make a plan to get there.
9) They Set Impotent Goals
The reason most people are not successful is not because they set their goals too high and miss them; itâ€™s because they set their goals too low and hit them. If your goals are low and you keep hitting them then you need to raise your standards and ambitions. You need to have a continuing dedication to going further than those around you. Donâ€™t set your goal for average because average sucks.On the other hand donâ€™t set your goals so high that they become unrealistic because people abandon unrealistic goals. Instead, set your goals just above your comfort zone so that they inspire you to continue working toward them. The right goal will make you want to secure the future for not only you, but also your family.The proper goal will give you wealth and money which is simply a way of achieving freedom.
8) They Subscribe To â€œThe Secretâ€
The philosophy outlined in the book The Secret is not only counter-productive, it is a load of crap. According to The Secret, the way to gain success is to go into a quiet room in your house, turn off the lights, close the shades, sit on the couch, and imagine a check with a big number. If you believe in The Secret, eventually this check should show up at your door. Does this work? No! Why would it?
If this is your strategy for success the only thing that will eventually show up in your mail box is an eviction notice. I believe in manifestation, but I believe you have to take action and go out and meet it. You simply will not achieve success or wealth if you donâ€™t take action towards it.I tried The Secret and nothing happened. I worked towards my goals, and I achieved success.
7) They Have Limiting Beliefs About Life And Money
Poor people believe they are creatures of circumstance. Because of this, life happens to them. Rich people believe they are creators of circumstance. Because of this, they create opportunities within their lives.There isnâ€™t any more destructive belief in the world than to think that life happens to you. Here are three things that happen to you when you believe that you donâ€™t create your own destiny:1) You play the blame game.
You blame anyone and everyone for why you donâ€™t have what you want. You blame the government, your family, your boss, the economy, or the people on Wall Street
. If you do this you are powerless to achieve success.
2) You justify your situation to yourself and to those around you. You use sentences that start with: â€œIt is because.â€ For example, â€œIt is because the economy stinks that Iâ€™m not where I want to be,â€ or â€œIt is because people are unfair that I donâ€™t have what I want,â€ or â€œIt is because money doesnâ€™t really matter that I donâ€™t have as much as I would like.â€ By justifying your current situation you accept your current situation.
3) You complain. What you focus on you attract and move toward. When you complain what do you focus on? All the crap in your life and if you focus on all the crap in your life what do you become? A magnet that attracts more crap. Also, you must distance yourself from those around you who complain as they may influence your state in a negative way.
Poor people believe money doesnâ€™t matter. Rich people value money and know it matters. Iâ€™m not saying it is the end-all, be-all, but it is a beautiful tool. When you have it you can use it in countless ways: to help others, travel, or take care of your parents. Money allows for the freedom to do the things that you want to do. I am not saying that money creates happiness, but a lack of money is a passport to misery. I say solve the money problem and then solve the higher problems afterward.
6) They Choose Bad Mentors
You must be careful who you choose as your mentor. People without money are very quick to offer their advice, and the world is full of people who claim to be life coaches
, business coaches, or success coaches. The scary thing is that most of them havenâ€™t achieved anything. If you find a life coach over the internet how do you know theyâ€™ve actually achieved something?On the flip-side rich people can make for bad mentors too. In the movie Wall Street
the character Gordon Gekko says: â€œGreed is good.â€ I made the mistake of taking this line to heart. I thought that greed was something from which I could draw motivation.The truth is that greed is not good. Ambition and passion are good. Greed is destructive. The first thing that happens when you get greedy is that your ethics became compromised. You want to make as much money as you can as fast as you can. And it doesnâ€™t matter who gets hurt along the way.
However if the person you are modeling yourself after is motivated by greed you do not need to follow in their footsteps entirely. You can pick and choose which characteristics to emulate. You can emulate their ambition but not their greed. You can incorporate their strategies without incorporating their ethics.
Be careful with who you pick as your mentor. Donâ€™t pick the unshaven guy on the side of the road wearing the dirty sweat pants, but donâ€™t pick the guy whose decisions violate your ethics.
5) They Are Controlled By Fear
Fear is a natural part of the business world. If the path to success were clear cut and infallible than everyone would be wealthy. Because it isnâ€™t everyone must deal with situations that make him or her anxious. There are three different ways to process and manage fear. The first two options will destroy your chances for a successful and healthy life while the third gives you the mindset you need to use fear to your advantage.1) They pretend that fear does not exist
â€“ The people who manage fear through ignoring it end up in a life filled with poverty and misery. By ignoring fear you let it control you because you neither acknowledge it nor learn how to deal with it. Unacknowledged fear renders you impotent in your efforts to reach your goals, and this is the most disempowered state for wealth and success.2) They act in spite of fear
â€“ This way of dealing with fear allows you to achieve certain goals despite being afraid; however, this leads you to a place in your life where you are wealthy and anxious. Yes, you will have wealth, but you will constantly be afraid of taking the wrong step. These people are hung up on the idea of, â€œWhat if I fail?â€ or â€œwhat if I donâ€™t hit my goal?â€ This results in a success lifestyle where you second guess all your decisions and live in fear of failure.
3) They embrace fear and let it motivate them â€“ These people achieve their goals and do so by acknowledging their fear without letting it ruin their enjoyment of their success.
4) They Try To Reinvent The Wheel
Poor people always try to come up with something spectacular and new to make their fortune. This is the biggest trap you face as you work toward your goals. Instead of something new, what you need is a proven system, one that you know works and will help you gain successes.Warren Buffet once said: â€œWhen I buy a business I want to make sure that the system is so good that even an idiot can run it because sooner or later one will.â€ I believe this statement, and thatâ€™s why I recommend the Straight Line System. Itâ€™s so simple that itâ€™s being used to help hundreds of struggling companies and thousands of people to become wealthy.What is the system that you have in place? Are you trying to reinvent the wheel or do you have one that is proven?
3) They Are Lousy At Business
If you donâ€™t have any business experience itâ€™s nothing to be ashamed of. No one is born with business skills. Someone has to teach or show you the ropes. This is why you must be careful when choosing your mentor. You want to make sure that youâ€™re getting the best information available.
2) They Are Uncomfortable With Words Like â€œSales,â€ Marketing,â€ And â€œPersuasionâ€
Either youâ€™re selling and persuading or youâ€™re failing. You may not sell products, but you have to have the ability to sell yourself and your concepts.You donâ€™t need to master persuasion, but you need to become effective at it. It is the most crucial skill that any person could have. Even Warren Buffet, who many donâ€™t think of as being a master salesman, has admitted publicly that persuasion is the single most important skill he has.You donâ€™t need to become a hard-core sales person, but you have to learn how to become an effective persuader so that you can share your ideas, concepts, and visions with other people, so they can invest in you. If you are able to sell your vision people will follow you because you can show them the value your value as a human being.
Without the proper persuasive abilities you could create the next big microchip or the cure for cancer and no one would invest in your idea because you arenâ€™t able to influence them to do so. If you canâ€™t get others to buy into your ideas, you will fail at reaching your goals.
1) They Slave Away For A Paycheck
There are only two jobs where you can make real money if you work for someone else:
1) If you work in a jab that gives you heavy commissions.
2) If you work in the investment banking industry and can leverage off of a huge companyâ€™s assets.
Other than these two exceptions if you really want to get ahead in life you have to own your own business. I am not saying that you need to quit your job immediately. That is not what Iâ€™m writing this for. Instead, Iâ€™m writing this to give you the mindsets you must have to start your own successful business without quitting your job, without having to put up a lot of money, and how to raise (not borrow) money cheaply.
At some point if you want to be wealthy you have to get into your own business. Otherwise you are a pawn in someone Elseâ€™s game of chess.