what it really takes to become rich things you have to give up and do
do you want to be rich if you answered yes then you need to watch this whole video
did you know that 80 of your actions will determine whether you will be successful or not
this tells us that our success is based on what we do and what we do is based on the decisions we
make so if you want to speed up the journey to wealth you will have to give up some and adopt
the following 10 habits do this for a year and come back to thank us in the comments section i
can't wait to share this with you so let's begin shall we we'll start off with six things that
you should stop doing and six things you should start doing immediately before we begin though
give this video a big thumbs up for that youtube algorithm it really helps a lot and if you're new
to the channel welcome and consider subscribing if you enjoy our content now let's get into it 12.
stop impulse buying but what exactly is impulse buying this is simply the unplanned purchase of
goods and services that you don't need and by need i mean without them you can comfortably survive
first things first before we even get into this do you have a plan for the things you want to buy
do you know the items you buy frequently that is every other month or week do you know how
much your weekly gas expenses cost if not you should start by drafting a list of your expenses
start the next month by writing down everything you spend money on from there you will identify
a trend or pattern once you've gathered all this information draft a master finance plan
this will include a list of recurrent expenses and any other costs you have to incur once you do this
you can stop purchasing irrelevant items that are not on your to-buy list be disciplined with every
single dollar you have and only spend it when you must 11. stop multitasking you only have
one brain two hands and two feet so why are you trying to do 10 things at the same time
you want to launch your business you're working three jobs you have a side hustle freelancing gig
and you're raising two toddlers let's be honest if this is your lifestyle then it's
only a matter of time before it all crumbles down handle one important project at a time
if you have multiple things going on you won't have the capacity to give each one of them your
level best well unless you're a robot evaluate your daily to-do lists your jobs and all other
projects that require an ample amount of time and energy cut off tasks that require
too much effort and have the lowest returns 10. stop settling for less don't take that job
if you're aware your employer is underpaying you if you have the skills and know-how
settle for what you're worth this should apply to all aspects of your life never settle for
less than what you're worth don't waste too much time on things or projects that won't bear fruits
for example if you're working in a company that doesn't promote its employees often so you've
been stuck in the same role for years you better pack your bags and leave immediately be aware of
unhealthy relationships where you are being used cut ties with people who don't value you
when you start appreciating yourself you will create a mindset of being capable of achieving
things and slowly by slowly you will build your wealth it may sound like the dumbest item on our
list but try this for a year and see where you'll be many millionaires believe that true wealth
starts from the inside when you stop settling for less you will only leave room for the best
9. stop hanging out with the wrong company here's the reality the habits of your friends rub off on
you so if you want to be successful hang around successful people doesn't matter how much you
love your peers if they aren't progressive you'll be left there with them ever wondered why the rich
only have rich friends it's not that they're classist the main reason is that they only have
things in common with other rich people they share similar habits so it's easier to remain
friends with other rich people find a tribe of people that work hard invest money consistently
learn a lot and attend educative seminars and workshops don't waste your time with people who
will only move you backwards this is the sad reality eight stop giving up this is possibly
one of the hardest things you have to stop doing let's say you just lost your job or even your
business just went bankrupt what do you do it's easier to just give up and quit on life right
the harder alternative would be to figure out a sustainable solution for your situation
however it's important to always remember that every time you give up you have to start all
over again by giving up on your business venture you'll have to start a whole new business all over
again and chances are you will still face similar challenges the best way to handle a difficult
situation is to find a solution if your company is failing identify the reasons why then research on
possible solutions if you've just lost your job find out why you were laid off if the reasons
for being laid off are within your control then you likely need to change some aspects about your
work ethic otherwise the same thing will happen in your next job never let emotions take over
your actions instead let rational and critical thinking determine your next steps 7. stop being
lazy many poor people are in a financial status they aren't happy with because they're lazy
business insider states that 72 of the self-made millionaires made it through hard work so it's not
just by sheer luck that they built their empires but through their efforts the average millionaire
wakes up at 4 30 a.m every day works out and has a routine every other day what's your routine
would you say you wake up early aside from your work routine do you have any other routines
if not start today create a daily outline of things to do right from the moment you wake up
to when you sleep you'll realize you probably have a lot of time wasted in between six start
researching various opportunities always research and read find out what's happening in the economy
and stay updated with business news by doing this you'll be able to find new opportunities to grow
also read books as much as you can the average millionaire reads about 4 books every month and
chances are you've probably heard this before but do you really practice this if you don't start
right away please note we aren't talking about fiction books but self-development instructional
books written by industry experts subscribe to channels like this that will not only entertain
you but also help you grow after all they do say feed your brain and your pockets will grow five
start diversifying your investments remember the saying that you should never put all your eggs
in one basket well apply this in your life have a diversified portfolio of investments
you don't have to earn ten thousand dollars a month to start investing start by saving
bits of any money you make and invest in any good opportunity you get remember we mentioned that you
should always research and read a lot now here's where you'll apply the knowledge you learned
before you have enough monetary assets to hire an experienced financial advisor you have to do
the work yourself as you invest remember never put all your eggs in one basket four start attending
master classes aside from reading attend master classes today with the power of the internet
you can literally attend classes from anywhere in the world within your comfort zone these classes
could help you upgrade your skills to get a better paying job these classes could also educate you on
managing finances or investing which could elevate your financial status you could
also learn a new skill that you can offer in the market the opportunities with learning are endless
stay hungry for information three start asking for help if you need help don't shy away from asking
whether you need help in getting another job or financing for your business or whatever it is
just ask someone probably knows someone who knows someone whose company is hiring or they could have
money to invest in your business idea if you're a genuine person with good relationships with people
then it won't be hard to get the assistance you need for most people who have built million and
billion dollar companies they all had to ask for help at some point understand that you can't do
it all by yourself asking for help isn't degrading as society tries to make it set that ego aside and
ask around for people to crowdfund your business two have a plan sometimes plans don't work and
sometimes they do they say that you'll probably accomplish sixty percent of what you write down
so why not start today write down your intentions your life goals and what you want to achieve as
you write this be as realistic as possible it's not practical to have a goal that says i want a 10
million dollar home in the next two years and you only have a thousand dollars in the bank see where
i'm going with this it's not entirely impossible and there's nothing wrong with dreaming big
but try to be reasonable as you draft the list just as in business ensure your goals
are smart this means they should be specific measurable attainable realistic and timely
one start branding yourself how do you want people to perceive you when people look at you
what do you want them to think when you walk into a room what do you want people to see
build your brand through how you dress how you talk the people you associate with and even what
you post on social media be a credible person with integrity and opportunities will flock your way
as you build your brand be as authentic as possible don't copy other people and
try to stay true to yourself there are a lot of untapped opportunities in branding
when people know what you're all about it will be easier to sell merchandise services or courses
online if that's the route you want to take you'll be invited as a guest speaker in different forums
you can slowly grow as a public figure and the opportunities from there will be endless
it will only be a matter of time before you are a millionaire that's it for today thank you so
much for watching i bet you learnt a few things about how you can grow your wealth and be rich
if you enjoyed this video please give it a thumbs up and share it with your loved ones so they can
grow with you and if you haven't yet subscribed to the channel please do also if you have a
particular idea you'd like us to make a video on comment down below we love helping you guys out
with that said have a great day you guys and i'll see you all in the next one