May 19, 2021

10 Reasons Why You Aren't Winning - Yet

1. Fear of Failure Don't fear failure. Fear not trying. Why failure is important: - Failure redirects you - Failure offers answers - Failure helps you learn - Failure makes you stronger - Failure creates new opportunities Failure is the foundation of success.

2. Stagnation If you want to survive, you have to thrive. Why change is good: - Change helps you grow - Change means progress - Change keeps life exciting - Change ends bad situations - Change leads to opportunity The only guaranteed law of life is change.

3. Resistance to Feedback If you want to improve, embrace feedback. Why feedback is critical to success: - Creates opportunity - Improves motivation - Improves performance - Tool for continued learning "Feedback is the breakfast of champions" - Ken Blanchard.

4. Distraction Focus on what you want and cut out the noise. How to eliminate distractions: - Meditate - Reward yourself - Plan out your day - Take regular breaks - Get 7+ hours of sleep - Turn off phone notifications Your focus shapes your reality.

5. Ego Don't be afraid to ask for help. 93% of millionaires have mentors. Find a quality mentor to: - Gain advice - Gain inspiration - Gain empowerment Learn from their: - Financial successes - Financial failures - Financial fears Mentors unlock your true potential.

6. Greed Instant gratification: - No self-control - Rash (and often poor) decisions - Lower likelihood of early retirement Delayed gratification: - Higher-income - Improved savings - Increased subjective enjoyment Give up a little today for a better tomorrow.

7. Debt Getting out of debt is: - 20% knowledge - 80% a change in habit Changing your financial habits include: - Earning more - Spending less - Investing more Defeat debt now and start building wealth today.

8. Jealousy Keeping up with the Joneses is a dangerous game. It can damage your: - Personal life - Financial life - Professional life Jealousy is a waste of time and emotion. Live like an undercover millionaire.

9. Lack of Discipline Motivation and passion are temporary. Discipline lasts forever. Benefits of discipline: - Discipline is mastery - Discipline creates a habit - Discipline helps you focus - Discipline completes tasks As your discipline increases, so will your success.

10. Procrastination Procrastination gives you a 100% chance of accomplishing nothing. How to kill procrastination: - Write down goals - Develop a system - Visualize your future - Celebrate small victories There is no such thing as the perfect time. Start today.

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