Success isn't just about luck. Scientists have discovered a success mindset that
leads to higher income and a greater ability to achieve your goals. The great
thing about these discoveries is that if you adopt this mindset and these habits
you have a much better shot at making more money and enjoying more success.
Sounds pretty good right? In this video I reveal 7 psychological secrets to
success. Coming up! Hey if we're just meeting for the first time my name is Dr. Brad
Klontz. If you want to learn more about how your money mindset can help you
achieve the financial life you want... Ah that sounds pretty nice doesn't it?...
Subscribe and click the bell so you don't miss anything. Now let's get right
into it. Here are 7 psychological factors that are associated with high
income and success. Success mindset number 1: openness. A key factor to
success is being open to new ideas and new experiences. Are you open to the idea
that what you believe to be true, which you've been believing your entire life,
are you open to the idea that perhaps you're wrong? Successful people are!
Intellectual curiosity is a key component to success.
Curiosity is all about observing other people, learning new things, and having
new experiences. It's also about acquiring new knowledge and there's some
humility built into this process. You have to admit that you don't know it all.
Openness allows you the opportunity to learn and grow. Studies have shown that
this openness is a key indicator of success. The bottom line is this - shutting
yourself off to new ideas and new information is a barrier to your success.
How are you going to learn and grow? How are you going to change and adapt? Be
strong enough to be open-minded - to be willing to admit that perhaps you've
made a mistake perhaps you've gone down the wrong path. Be open to abandoning
beliefs and ideas and strategies that haven't been working for you. Success
mindset number 2: locus of control. Now this is really one of my favorites and I
post all the time on Instagram, Twitter, and LinkedIn about locus of control.
It's a powerful predictor of success in almost every area. The key is to having
an internal locus of control. This means that you believe that the results you're
getting in your life right now are because of you - because of your efforts
and the mistakes that you make and the downside to what you're getting right
now that's on you too. An internal locus of control is not falling prey to the
idea that you're a hapless victim and things are just happening to you. No,
when it comes to success the key is actually to kind of blame yourself for
that stuff. Now this can be a bitter pill to swallow
for many people but it's actually really good medicine. The great news about this
success mindset is it puts you in control and to be honest you really are
responsible for your life. People just like you with similar backgrounds,
similar challenges, and obstacles - similar levels of education - are doing incredible
things in the world and you can too. No more excuses. You've got this! Success
mindset number three: conscientiousness. Conscientiousness is the personality
trait of being careful, well-thought-out, and not doing anything without thinking
about it first. It's all about being dependable and having self-discipline. It
turns out that being all easygoing - I mean it probably makes you really fun to
hang out with - but it's not great for your outcomes. Take pride in your work
right now and be committed to doing it well even if it's not your ideal job.
Practice working with conscientiousness and approaching life with that frame of
mind. Success will find you. Success mindset number four: money
vigilance. So this one's all about your beliefs about money and our research on
money psychology has found a direct link between money vigilance and higher
income and higher net worth. Adopt these money vigilant beliefs and you'll be on
track for financial success. It turns out that people who are enjoying financial
success are vigilant about their money. What I mean by that is that they are savers.
They've committed to saving. This is something that's very important to them.
They don't wait until they're successful before they start saving money. They're
passionate about saving money right now and you should be too.
Saving is a habit that you can adopt and the earlier you get to it the better.
You might need to start small and that's fine but you should definitely start now
even if it's only a dollar week get in the habit of setting aside money
for your future. Success mindset number five: a drive for success and status. It turns
out that a lot of successful people are very much driven for that success a lot
of times they have their entire self-esteem wrapped up in that success.
Now that can definitely be a double-edged sword
but there does seem to be that drive internally to want to produce something
and to be recognized for it. So it's interesting they're more driven
than their middle-class counterparts to have that success but they're less
likely to overspend or to have lavish displays of pseudo wealth than poor
people. So in other words they're not likely to overspend to try to appear
wealthier than they are but there's no doubt that part of what's driving on a
psychological level successful people is this social desirability that will come
with being successful. Now there's nothing really wrong with this - this is
how we're wired as human beings. I want you to achieve success and have the
social benefits that go along with it. Now I'm counting on you to use that
success and that social status to make the world a better place and I know you
will. Success mindset number six: hard work. Well there I said it and so for
those of you who are still with me and haven't clicked off this video, guess
what? The harder you work and the more hours you put into work the more money
you're going to make. This shouldn't come as a big surprise. But I'm sure you can find
a lot of information out there suggesting that you sort of sit back
relax close your eyes visualize success and then when you wake up in the morning
there'll be a big fat check in your mailbox! Now don't get me wrong, I love
positive visualization. I do it all the time. But it's totally ineffective
without any effort and by effort I mean actually going ahead and doing the work.
More work equals more money and what you'll find is that really successful
people have dedicated a lot of time and effort to achieve that success. Now
higher income people are also more vulnerable to workaholism, so that's
something you need to watch out for because workaholism can really destroy
your life. So be careful about that. Money and success without your health and
without your relationships is really pointless. Success mindset number seven:
don't hate money and don't love it either. Successful people seem to have
somewhat of a balanced relationship with money. Less successful people are more
likely to have very strong beliefs about money such as money is bad and rich
people are greedy or money's going to magically make all my problems disappear
and finally make me happy. Money is just a tool. It's important to
remember that being rich doesn't make you evil and being poor doesn't somehow
make you virtuous. Money is just money. It's up to you to use it for good or bad
and I know you're gonna use it for good. Let me know what you think in the
comments below about these seven success mindsets and I'll see you next time