I kinda of find this article interesting, as it touch on the core element that oneself need to have or to improve along your wealth creation journey.
The original article, by Michael Yardney, can be found on http://www.smartcompany.com.au/finance/48777-why-you-need-to-change-to-become-wealthy.html.
Why is change difficult for many of us?
Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it.
Because change makes us move out of our comfort zones. It takes courage to leave something familiar and try something new.
One of the jobs of our subconscious mind is survival – to protect us. It likes to keep things the same preferring safety and security over the untested and unproven. Haven’t we all heard people say “better the devil I know than the devil I don’t know.”
We tend to believe that if we stick with what we know, with what is familiar, then we won’t get hurt.
The problem is that in terms of wealth creation, it’s not what we know that’s holding many of us back. It’s what we think we know, that actually isn’t so, that is holding us back.
Many people are not totally happy and successful. They are not as far advanced with their wealth creation as they would like to be. They haven’t developed the financial freedom they deserve. Yet they continue to do the same things over and over hoping somehow things will be different.
Think about it… if you keep doing the things you always did, you are going to keep getting the results you always got. If what you’ve been looking for was where you’ve been looking, chances are you’d have already found it!
Doing more of the same even harder and longer is not usually the answer. Being willing to change will usually create better results.
So what holds most of us back? It’s our Wealth Operating System – our financial blueprint – the programming we received as a child.
This was initially described by Wallace Wattles in The Science of Getting Rich and more recently by T. Harv Eker in his great book Secrets of the Millionaire Mind (a must-read for all property investors).
Your thoughts lead to your feelings – Your feelings lead to your actions and your actions lead to your results.
It is no coincidence that your inner world creates your outer world. The programming you received, usually as a child, leads to your thoughts, your fears and your limitations about wealth creation today.
So one of the first steps in changing your outcome is changing your thoughts.
How do you think about money, success and prosperity?
What do you say to yourself?
What is that little voice in your head saying?
For many of us our thoughts revolve around fear, scarcity and limitation. The problem is that what you focus on expands. If you think about fear, scarcity and limitation – what do you achieve?
Remember: Your thoughts lead to your feelings – Your feelings lead to your actions and your actions lead to your results.
Many of us need to intentionally change our way of thinking. We need to start thinking about prosperity, abundance and success to enable us to attract those very things.
So why are we scared of change? Why do we find it hard to change our way of thinking when change is natural? In fact, the only constant in the world, the only thing you can absolutely count on, is change itself.
It’s because of our programming, our wealth operating system.
Yet most successful people all share one critical characteristic – the trait of adaptability. They embrace change. They look for opportunities to expand and learn.
Another common characteristic of successful people is that they have a mentor and they belong to a mastermind group. If you continue to do the things you have always done, you will continue to get the results you have always achieved.
I believe it was Einstein who said “The definition of insanity is doing the same thing over and over again, but expecting a different result.”
Michael Yardney is a director of Metropole Property Strategists, which creates wealth for its clients through independent, unbiased property advice and advocacy. He is a best-selling author, one of Australia’s leading experts in wealth creation through property. Subscribe to his Property Update blog.