by: Malcom P
The myths people create to rationalize things.
Some of them are helpful, like Greek Mythology
that was helpful for the Greeks and now writers
of literature find helpful.
But the myths to rationalize "being average"?
Now, that's definitely wrong.
And what's worse is that a lot of folks don't
know that they are myths; they absolutely
believe they're true.
So what am I getting at here?
All I'm saying is that there are so many myths
about money and getting wealthy that it is
stopping a lot of people from maximizing their
financial capabilities.
I'll tell you the top 8 that I think are the
worst. You might be a victim to them too.
MYTH#1. "WHAT YOU EARN IS DIRECTLY PROPORTIONAL
TO THE AMOUNT OF WORK YOU DO."
Not!
Ever wondered why a lot of blue collar workers
remain where they are forever? It's common
sense to debunk this one.
If this one was true, all the blue collars
would be wealthy and people who have
businesses where their presence isn't required
would be poor.
But is that the case?
No. It's what you do with money that matters.
You can earn $7,000 or a $100,000 a month and
still get wealthy or poor either way.
If you earn $7,000 a month but save up or
invest $2,000 of it each month, then in time
you'd get wealthier than someone who earns
$100,000 a month but spends it like crazy.
myths#2. "You're not working if you enjoy what you're
doing and you're not supposed to get paid if you
enjoy it."
Okay, let me get this one clear:
YOU WILL NEVER GET WEALTHIER IF YOU
DON'T ENJOY WHAT YOU DO.
You'll always be looking for an exit. The most
successful millionaires enjoy what they're doing.
Do you think Donald Trump would get filthy
rich if he didn't have passion for big buildings?
He just loves seeing those buildings.
Look at him. He outdoes everything he builds.
The next one is always taller or bigger or more
elegant than the previous.
And every time he does this, every time he
does what he loves, he rakes in billions!
MYTH#3. "You have to be in the right line of business
to get wealthy."
Not true.
There's no such thing as a "right line of
business", no. So, real estate and software is
hot. So what?
If you're not interested in selling land, or
if you don't know anything about computers,
how would that help you?
Get in your own field and do what you love.
Find something in there that's in demand with
little supply and make something with good
quality that will generate you lots of quantity.
MYTH#4. "You need the 'right' education to get
wealthy."
What you need is the right business and
marketing sense. Not the "right" education.
You don't need a degree to earn money. If
this was true, then a man with a PhD or a
doubledegree should be the wealthiest man in
the world.
If this was true, then all our professors should
be wealthy. But no, right?
It's not the "right" education that can ensure
wealth - but focus, perseverance, and good
business skills, none of which you have learned
much about in school.
5. "It used to be easier."
In fact, it was harder. Ever heard of the Great
Depression?
Economic states are a little more stable now.
In fact, statistics say that more people are
becoming millionaires each year.
With new technologies coming our way, lots
and lots of business opportunities come as well.
You just have to stretch your imagination and
look for areas in which you can use these new
technologies to your advantage.
MYTH#6. "I'm too old/young."
If you've read, seen, or heard lots of success
stories, you'll probably notice that the age
range is pretty wide. From about 19 to about 50.
In fact, Ray Croc was over 50 years old when
he built his very first McDonald's.
MYTH#7. "I don't have enough money to start. You
have to spend money to make money."
Of course money helps. But there's really no
such thing as enough money.
What do you mean by enough money anyway?
When you were a kid, a few measly dollars
were enough to create a lemonade business. It
didn't grow into a lemonade empire but you
earned from it, right?
So why do you think you don't have enough
money now?
A lot of companies started from scratch. Think
about Microsoft. It was just started by two kids
who wrote one code. And from that one code,
they soon revolutionized the way we see
computers today.
What you need most is the capacity to think
big.
If you only have a few hundred dollars in your
savings account. Ask yourself, "What can I do
with this money that can triple it in a year?"
If you have a full time job and you can't afford
to leave it yet to start your own business, then
invest and wait for your money to grow.
Money is much like a seed. No matter how
small it is, if you plant it properly, it can grow into
a tree.
MYTH#8. "I'll begin when I know everything."
Do you honestly believe that there will come a
time that you will actually learn everything?
Even if you devoted all your life studying,
reading books and going to seminars, you
wouldn't get to finish them all.
You'd die without knowing everything!
And you know what? It's perfectly fine that
way. Because we learn by living, not by sticking
our nose on books. We learn by making
mistakes.
If you're saying this because you're simply
afraid that you're going to make a mistake,
then nothing will happen to you.
Mistakes are a part of life and are a part of
learning; and you need to make mistakes to
know how to get back up again as bigger and
better person.
By me knowing these 8 myths, having the
proper mindset, and not being afraid of learning
from my mistakes means that I know that
anytime, anywhere, I can go out there and
attract wealth.
Thanks to: smurky
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