IT BEGINS IN THE MIND
Have you ever wondered why there are people who still feel that they are not rich even if they have amassed so much financial wealth already, but there are also those who feel so abundant even if their material possessions are way too low compared to others? I too have asked that question.
When people think about getting rich, they always associate it with wealth, luck, money, and opportunities which are just external aspects. However, the biggest factor that can make someone rich is their mindset.
You probably have heard several times of the quote,
“The optimist sees the glass as half full, the pessimist as half empty.”
Cliche as it may sound, this really is true. And being able to fully embody what an optimist sees is life-changing. Yet the challenge is, it is easier said than done.
THE FORMULA OF SUCCESS
A lot would think that success is all about hard work and expertise. However, these only contribute to 20% of success. The majority of the work, 80%, is psychology. It is because,
Your mind can be your fiercest enemy or your greatest ally.
A stock market trader would tell you that their most significant challenge in trading is not in the hours spent studying assets, and analyzing charts but in mastering their fears and greed.
Do you think successful people would be at the point where they are now if they told themselves they couldn’t do it? Obviously, it’s the contrary.
It is only our mind that limits our capabilities. When we say it is difficult, then it is. But when one says it can be done, then, it can be done.
Henry Ford once said,
Whether you think you can, or you think you can’t – you’re right.
Hence, when you tell yourself
I AM NOT RICH
I AM NOT CAPABLE TO DO IT
I AM NOT A CHAMPION
I AM NOT STRONG
I AM NOT POWERFUL
I AM NOT AMAZING
They become your reality.
This is why the first part of my coaching session deals with money psychology because I believe that no matter how effective a financial strategy is, it is bound to fail if one has a limiting mindset.
So be aware of the power of your thoughts, and the words you invoke upon yourself since these can either limit or empower you. Choose your thoughts wisely because you will become what you think you are.
