I think this article is simple and yet practical. This easily hit on half of the middle class employees - ie earning enough for the time being, but not making enough to own and control income generating assets. In short you are not financial independent. Money made is on earned income. The moment you stop working, income ceases to flow in.
====================================
Choose to be Rich?
How to overcome fear of failure and build a mindset for wealth
Over the years, I've done a lot of research on the brain. The reason
why I became so interested in the brain was because I often observed
that people generally say one thing but do another. I was curious as to
why this was the case.
For instance, I might ask a person, "Do you want to be rich?" His
response would be, "Yes," but instead of doing what is required to
become rich, he will often do things that instead make him poorer, not
richer.
An example of this would be a man who has a great investment
opportunity with a great potential for return and instead saves his
money and passes on the investment. Another example would be a woman who
has a growing business that requires her to quit her job to go to the
next level but instead closes her business and stays as an employee.
These are decisions ruled by fear, which is what often rules our
brains. In my studies, I discovered that there are three basic parts to
our brain.
The left brain
This part of your brain is generally accessed for reading, writing,
speaking, and logic. It’s the kids who do well in school that are
left-brained. And left-brained people excel at such professions as
writer, scientist, lawyer, accountant, and schoolteacher.
The right brain
This part of your brain is generally accessed for pictures, art, music,
and other things associated with creativity and imagination.
Right-brained people don’t always excel in school because they don’t
thrive in rigid environments. Designers, architects, musicians, and
other creative are generally dominated by right-brain thinking.
The subconscious brain
The subconscious brain includes the “old brain,” often called the
primitive brain and is most like an animal’s brain. Because of this,
it’s the most powerful part of our brain.
The subconscious brain doesn’t think. It reacts. It fights, flees, or
freezes. The subconscious brain also involves our intrapersonal
intelligence, how we relate to others in a given situation. Because of
this, intrapersonal intelligence is the biggest factor in whether or not
you will be successful or a failure in life, love, health, and money.
Can you control the subconscious?
The short answer is yes.
Those with a high, intrapersonal intelligence have the ability to
control their subconscious brain’s desire to fight, flee or freeze. They
have the intelligence required to choose the appropriate subconscious
response to a given situation. This means that if they’re angry, they
can remain calm. If they’re afraid, they can confront and overcome their
fear.
Most people don’t have the ability to control their subconscious, and
most people are ruled by the fear that lives in their subconscious.
If you want to be rich, learning to control your subconscious mind before thinking and making decisions is vital.
Choosing to be rich
For most people, fear of failure holds them back. Teachers use this
fear of failure to motivate people in school. “If you don’t study hard,
you won’t get a good job.” Bosses use it to motivate you to work hard.
“If you don’t work long hours, you’ll be fired.” For many, fear is a
prison that holds them back from their potential.
For example, I have an attorney friend who earned straight A’s at
Harvard. He’s one of the smartest men I know. He wants to change, but he
can’t. He wants to do something new, but he’s afraid of failing and not
making enough money. He told me, “I’ve been an attorney for so long
that I don’t know what else to do. Who will pay me what I’m making now?”
He’s left-brained and controlled by his subconscious brain.
The problem for my friend, and for many people, is that he primarily
spends his time with people who think, act and talk like him. He can’t
stop thinking, acting and talking like an employee because every person
and environment he engages reinforces the mindset of an employee in his
subconscious.
In order for my friend to change his mindset, he must change his
environment. The same is true for anyone who wishes to become rich.
If you want to be an entrepreneur, start hanging out with
entrepreneurs. If you want to be an investor, start hanging out with
investors. As you change your environment, you’ll see your mind begin to
change as well.
This is a choice, and it’s not an easy one. The easy choice is to
continue doing what you’re already doing. The hard choice is to
beginning the process of changing your mindset—the process of choosing
to be rich.
This starts with increasing your financial intelligence through financial education
through books, seminars, and coaches. Through these endeavors you’ll
find people who will help you change your mindset. And as you change
your mindset, you’ll find it easier and easier to control your
subconscious and overcome your fear.
I challenge you to choose to be rich today. Will you accept the challenge?
No comments:
Post a Comment