You know how people often tell you that nothing in life comes easy
well just like any other meaningful life achievement becoming rich is not a walk
in the park acquiring wealth and sustaining it
throughout your lifetime will require you to cultivate a combination of skills
values and mannerisms that will enable you to move closer and closer towards
financial success and in this video i'm going to share
with you five difficult skills you need to master to be rich
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life-changing content skill number one focusing on the present task for most
people focusing on one task for a prolonged period
is a big hurdle to overcome we often surround ourselves with easily
accessible distractions and as a result we lose a big chunk of
our attention spans to these seemingly more
entertaining options however if you want to see yourself
jump to the right end of the financial spectrum you need to master the skill of
focusing on the present task and giving it your all focus simply
means laying out clear goals and objectives for a specific task
and dedicating maximum time and effort to accomplishing these goals
unlike jumping from one small task to another focusing on one task allows you
to attain your productivity peak and make the most out of your time for
one you'll be able to accomplish your goals quicker
since your brain will automatically shut out any other minor activities that
would otherwise eat into its processing power and speed
thanks to the improved processing power your brain will have an easier time
fulfilling the one task and you will be more likely to produce top of the line
results secondly focusing on the present task
will help subdue your stress levels because
at the end of the day you would rather go to bed with one completed task
checked off on your to-do list than with five half-baked ones waiting for you
in the morning this incredible sense of fulfillment after successfully cracking
a problem or finishing a task will push you to
greater levels of success so every time you sit at your work desk
in the morning first ensure that you've shoved any form of
distraction aside whether it's your social media
notifications a window on your computer music visual triggers or any form of
internal distractions such as hunger on top of that try as much as you can to
resist the urge of multitasking and instead
identify a task you want to work on and pursue it
with filial devotion because with such dedicated focus you'll be better placed
to build something from the ground up and this could be your business career
or even an investment skill number two ability to unlearn bad
habits the second skill that will increase your
odds of becoming rich is the ability to unlearn bad habits
thing is we all have our small harmful habits that keep blocking your path to
attaining financial freedom and the sooner you get them out of the
way the better off you'll be and these habits can cut through
different aspects of your life from health and dieting
financial habits to the ways you consume entertainment
maybe you can't help yourself from over indulging in video games or the idea of
quitting junk food just doesn't sit well with you
so instead of acknowledging the fact that you have a problem you keep making
excuses to forgive your bad habits and as a result they become so ingrained in
your subconscious mind such that it becomes an almost
impossible task to shake them off it's easy to convince
yourself that these habits have no correlation with your wealth status but
as long as you continue to entertain them
you will notice zero change in your net worth
bad habits regardless of their nature will keep holding you back from
explaining your full potential whether through draining your energy
eating into your time wasting your money or simply saturating your attention span
this is why you have to learn how to eliminate them and while this is not an
easy feat it isn't impossible either research
shows that the first step towards unlearning bad habits is identifying
their triggers and keeping them at arm's length there's
likely a specific situation that increases your chances of snapping back
to your bad habits and it could be a place a person or even an
item as an example let's assume that you have a friend called mike and
every time you're around them you end up with a cigarette in your hand
even though you hate smoking or maybe you are trying to check your spending
habits but every time you go shopping with your
credit card you find yourself spending way more than you should have
now in the hypothetical situations i just mentioned
your friend mike and your credit card are the triggers to your bad habits and
if you want to unlearn them you'll have to monitor or even stop your
interaction with these triggers once these triggers are out of the way
you will need to unearth new healthier habits that will lead towards
wealth creation sign up for a gym membership start a side hustle to keep
you busy when you are free or simply find powerful books to read
when you are alone with time you'll realize that becoming
rich is not all about money but rather it has
everything to do with how you live your life on a daily basis
and healthy habits are the biggest motivator for being successful
skill number three inspiring others behind your cause
although often overlooked the power of engagement is an important skill that
you will need to have in order to become rich learning how to
shift people's attention towards a cause you are passionate about
is a big indicator of strong leadership abilities and if you ask me
this is a sign that you are headed in the right direction financially
a large fraction of rich people have mastered a subtler form of activism
that enables them to amass support from all directions and consequently
makes disruptions within their respective industries
if you've ever tried it you've probably realized that inspiring people to rally
behind your cause is no small feat considering the fact that almost
everyone has their heads buried in their individual
life goals and dreams which brings up the question how do you become a source
of inspiration to people within and out of your reach well unlike
shallow marketing approaches you will need an
elevated level of connection persuasion and a strong will
in order for people to jump into your cause for one
inspiring change requires you to have a few things in common with the people you
are targeting because at the end of the day people
will relate to something that is closer to their hearts
more often this common denominator will be a passion
focus on targeting people who for one reason or another have experienced
similar problems such that they can quickly relate to whatever you are
advocating for shed a light on the lives you've changed
through your cause or even better yet let them experience it for themselves
secondly a strong will ensures that you stay persistent even
when you encounter a few rejections along the way
and this does not necessarily mean that you shove your views down people's
throats it simply means that your enthusiasm
won't wear off even as you allow the skeptical lot time
to rethink their decision and hopefully join your cause albeit no
small feat inspiring people to rally behind your
cause is a skill that you'll apply when sourcing funds from lucrative investors
or even borrowing money from family and friends in order to inflate your
business no one not even you would be willing to
give up their hard-earned cash for a vague cause that they barely understand
or were still one that is clearly headed nowhere so
start learning how to express your ideas in a straightforward clear and realistic
manner whether through telling relatable
stories or simply using specific figures to make projections
skill number four postponing gratification have you ever heard of the
term instant gratification well if you
haven't i'll enlighten you simply put it refers to the irresistible
desire to attain pleasure or fulfillment in the present moment
without the willingness to postpone or eliminate the desire
you see how toddlers will often experience total mental meltdowns at the
supermarket simply because they can't have things their way
that's pretty much it the only difference is that with adults the need
for instant gratification won't necessarily result in you throwing
tantrums but instead it will lead to irrational decision making
as an example the need for instant gratification will compel people to
spend a big chunk of their savings on the
latest car model at the expense of starting a business that can potentially
earn them greater financial rewards rich people realize that on some occasions
such future rewards are worth sacrificing for which is why most of
them offer frugal and less affluent lifestyles as compared to their
peers although difficult skill to master delaying
gratification is an essential trait that will increase your chances of acquiring
wealth and without it bulging net worth will
remain to be a pipe dream actually researchers have ascertained
that there exists a correlation between postponing gratification and creating
wealth which is why wealthy people are often
more willing to miss out on smaller rewards for the sake of bigger ones
in case you are not making any progress with your finances
start by examining your life for any signs of problems that stem from instant
gratification and if you find any start plotting your way out
a good starting point will be your spending and eating habits
do you grapple with any addictions whether it's shopping alcohol smoking or
junk food if yes then go ahead and come up with a
system rewarding yourself every time you successfully postpone
gratification if you can sustain this habit throughout
an extended period you'll become much better when you face
larger temptations down the road skill number five selling your products
and ideas now here's a plain truth the art of
convincing people to buy your product and join your ideas
will take you farther in the business world than you can imagine
are you able to overturn people's initial negative perceptions concerning
a product or an idea can you convince a total stranger to
believe in your vision or idea if your answer to these questions is no
then you have work to do by now you probably realize that
business is a game of numbers and the more people you can build a solid
connection with the higher your chances of becoming an industry
disruptor learning to convince an audience takes
an incredible amount of time effort and in some instances
experience and since it's a skill that you won't build overnight
it is important that you start sharpening it right away
it starts with fine tuning your communication skills such that by the
time you are ready to venture out on your own
you will have an easy time convincing stakeholders to come aboard your train
in a business scenario these stakeholders can be in the form of
customers shareholders business partners creditors
and angel investors learn how to communicate your ideas
without coming across as too pushy because most of the time your target
customers can smell fakeness from miles away
instead of creating the impression of a desperate salesperson
whose life depends on some commission you can hook their interest in your
product by whipping out a passionate business plan
or a genuine prototype tell them how the idea will help them solve a particular
problem that they have and arm yourself with sufficient evidence to support your
claims thanks for watching if you want to go
from the life you have to the life you deserve
then hit the subscribe button now