Fearful To Be Rich!
If I want to be successful and rich, then I need to overcome my fear of failure. That is my conclusion after attending quite a few seminars and reading a lot of books including the Rich Dad's series by Robert Kiyosaki. If I could overcome my fear of failure, then I would be able to make mistakes. By learning from my mistakes and never repeating them again, I would be able to accelerate my learning process and thus achieving success in a much shorter time.
By perceiving failures as valuable lessons that could lead to success and wealth, I could reduce my fear of failure to a minimum. But is fear of failure the only fear that I had to face during my struggle to be successful and rich?
After doing some research and reflecting upon this question, I have came out with a list of fears other than fear of failure that I felt that I had to face during my struggle to be successful and rich.
Firstly, there is a fear of success. Most people including myself tend to link success to busy. The reason that I want to be rich and successful is because I want to gain financial freedom. With financial freedom, I can do the things that I like. But if I were become so busy after achieving success, this would defeat the whole purpose of me trying to become rich and successful in the first place.
It is important to manage the fear of success. If not, I am likely to sabotage myself subconsciously to prevent myself from achieving success and wealth. To reduce fear of success, there is need to choose a business or asset that could run without actively involving me. This is inline with what I have learned from the cashflow quadrant by Robert Kiyosaki. Be a business owner or an investor if I want to be successful and rich.
For examples, a successful multi-level marketing business could run almost without me because there is a system in place. I will need to be involved but not to the extent that the moment that I am on leave, the business stop. This is different compared to a self-employed person such as a doctor. The moment the doctor is on leave, the clinic business will not be able to function unless there is another doctor. As for asset, if I invest in a property and rent it out, other than collecting rental, there is minimum work on my part.
Secondly, there is a fear of unknown. If I were to work for money, then I would more or less know what my future would be like. My job and future would be predictable to a certain extent. There would be this sense of familiarity that gave me comfort.
If I were to decide not to work for money but try to become an investor or a business owner, then my future would be unknown. There would be no predictability in the outcome of my investment or business. To reduce fear of unknown, I would focus on what I know to increase the odds of winning by identifying and managing the risks involved.
Next, there is a fear of losing friends. Friendship is usually founded on the basis that there are common views and thoughts regarding certain things. The moment there is a change in my views and thoughts, there is a tendency to be alienated by my friends. They may feel that I have changed and no longer similar to them. Slowly, I would lose my friends.
It would be sad to lose friends but sometime that would be evitable. But due to my change in thinking, I would have the chance of knowing more friends. That would be the only comforting way that I could think of to reduce my fear of losing friends.
Lastly, there is a fear of losing loved ones. If I were constantly learning from my mistakes, I would be growing at a much faster rate than my loved ones. As a result, there maybe conflicts due to difference in opinions and perspectives. Ultimately, the conflicts may lead to separation. To counter this fear of losing loved ones, I would always make it a point to communicate more with my loved ones so that we could grow at the same rate.
The above list of fears is by no means complete. I feel that this list will differ from person to person because everyone situation is different. Thus, I agreed with the Rich Dad's Series by Robert Kiyosaki that different people pays different price to be rich and successful.
* DISCLAIMER *
The author only provides the material and information as a layperson's views about an important subject. The materials and information are from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy.
All the materials, information and procedure in this book are only the author's personal opinion. You must consult your own professional advisor and other reputable sources on any matter that concerns you or others.
The author, publishers and distributors are not competent and do not profess to give legal, accounting, medical or any other type of professional advice. The reader must always seek those services from competent professionals who can review your own particular circumstances.
The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.
Related Tags: fear, network marketing, fear of failure, investor, robert kiyosaki, business owner, fears, rich dad
Max Ng helps people who desire success to learn from his mistakes and realizations by sharing his personal struggle for success at http://www.richdadsecrets4me.com. He is the author of "Your Greatest Gift! Why Waste It?" at http://www.yourgreatestgift.com
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are