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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