One of the main things that will hold a person back from making money is their failure to change
what they are currently doing. The status quo can be deadly to wealth building efforts. Wealth
building takes courage and a new way thinking. Holding on to the ?this is how we have always
done it? way of thinking can be death to any wealth building strategy. If you want to increase
income then think outside of the box. Do not do what your parents did - unless they are multi-
millionaires. Even if they are, take their wealth building strategy and build on it, improve it,
incorporate you own wealth building techniques into their plan to create a better way of making
money. The world has consistently improved over the decades because someone had a bright
idea of how to make a better mousetrap. It is the same with making money.
Millionaire parents are the minority, though, so this wealth building information is geared toward
the guy who grew up middle class or even dirt poor but is interested in making money and
improving his lifestyle. Though making money is a goal that is desired by many, quite often,
viable wealth building techniques elude them. The main reasons that people fail to take
aggressive steps towards their own wealth building are because of two things: 1. it takes work,
and 2. it takes courage. You have to be willing to work for what you want and take risks to get
there. Making money is no different.
The first wealth building strategy here is that you should be ready and willing to work. Now,
understand that under ?work? falls several sub categories including increase self discipline, avoid
procrastination and be consistent. There is no easy ride when it comes to making money. Sure,
there may be the occasional windfall here or there, but creating a wealth building strategy that
you can count on and that consistently brings cash in takes hard work and focus. Self discipline
will help tremendously in keeping you focused. Keep your eye on the prize and push yourself to
work, to do what needs to be done regardless of how motivated you feel on any given day. This
is also how you avoid procrastination. If something needs to be done, just suck it up and do it. If
it is a large task that makes you feel overwhelmed, get organized. Organization is a wealth
building strategy that will prove invaluable if you use it correctly. Finally, be consistent.
Consistently keep your files organized and up to date, keep your records current, and be
consistent with your discipline and focus.
As far as courage goes when it comes to wealth building, many people tend to be like the
cowardly lion from the Wizard of Oz. They talk a good game, growl a lot, but the first time
someone says ?boo? to them they run and hide. And you know what? That is perfectly natural.
It is normal to be afraid of the unknown, of venturing into areas unfamiliar. What is not normal
is when those fears control and cripple us. Wealth building takes courage because it usually
means stepping outside of your comfort zone. Many people lack the self esteem to do this. They
are afraid of failure, they simply think that they are not good enough or smart enough. They are
wrong. Most people have the wealth building abilities in them, but those abilities are untapped
or their existence is not even known. Fear of failure can stop a great wealth building strategy
dead in its tracks. Someone once said, ?Can't never could.? They were so right. If you believe
that you will fail then you are quite likely to do just that. Having a positive frame of mind,
whether you believe in your ultimate success or not, is integral to increasing income. If you
never take the plunge how will you ever know what is possible, what is out there? Believing in
yourself is the first step.
Venturing into unchartered waters can be scary, but moving away from the status quo can be the
wealth building strategy that catapults you to financial freedom. Some people grow up in
environments that are not conducive to success and wealth building. To take that situation and
turn it into something positive, to rise above the adversity to achieve wealth building success,
those are the true heroes. Adopt a ?can do? attitude; be willing to jump in with both feet and at
least try new ideas and wealth building strategies. Just believe in yourself, do your homework
and get ready to work.
Status Quo Anniversary Waltz
Organizations live and die by results. Yet most organizations get a fraction of the results they are capable of. There are many reasons for this: poor strategy, poor leadership, insufficient resources, etc. But one main reason is overlooked by most leaders. Many organizations stumble because they are permeated with a robust status quo.
The trouble with the status quo isn't that it gets poor results. After all, if you know you're getting poor results, you can do something about it. You can start taking steps to turn them into good results.
The trouble with the status quo is that it gets mediocre results but represents them as good results. And poor results are less harmful to an organization than mediocre results misrepresented as good results.
The status quo is simply the existing state of an organization. You might ask, "What's wrong with the existing state of an organization?" My response is, "A great deal." In fact, the status quo is always ... not sometimes ... always wrong.
Leadership is not a measure of results. Results are a measure of leadership. A leader should be getting not average results but more results faster, and "more, faster" continually.
The status quo is the enemy of the "more results faster continually" because the status quo is in business to be the status quo first and get results second. Its number one priority is always self-preservation.
Of course, without the impulse toward self-preservation, organizations would quickly fall apart. But when the impulse hijacks the need of the organization's leaders to adapt to changing circumstances, the status quo is a threat.
For instance: For years until the mid 20th century, IBM flourished by having their machines perform calculations using punch cards. But then the digital revolution came along. However, during the late 1940s and early 1950s a strong status quo of employees were wedded to punch cards and were convinced digital would lead to disaster.
As IBM CEO Thomas J. Watson Jr. said in his book, "Father, Son & Co.", "There wasn't a single, solitary soul in the company who grasped even a hundredth of the potential the computer had."
It took his strong leadership to fight off the status quo and move IBM into the digital age. If the status quo had prevailed, IBM would have been out of business in a few years. Still, the status quo put up such a fight that switching the organization from punch cards to digital processes nearly destroyed the company.
The IBM example is not the exception but the rule: The success or failure of any organization hinges to a great extent on how its leaders deal with the status quo.
No question about it, if you try to get into the realm of achieving more results faster continually, the status quo will attack you. The question isn't, "If " but "How?" and "When?"
One way it attacks is through status quo pep talks to gain ardent support. When you are ready for them, you are better able to deal with them and get ahead of the curve in thwarting the status quo.
Here are some phrases that may be used in status quo pep talks to rally people against anyone threatening its existence.
"Pretend to go along and they'll go away."
"Just do your job and nothing more."
"Agree with anything they say but do what you want to do."
"Let it die a natural death."
"We tried that before and it didn't work."
"I'm too busy."
"That's not my job."
"Wait ‘em out."
"You're the leader. You take care of it."
"That's not the way we do things."
"You'll ruin this organization."
"You don't understand me."
"You don't understand what I'm doing."
"You don't understand our organization."
"It's more complicated than you think."
"I'm doing the best I can."
"Give me a break."
"You're not being realistic."
"You'll squeeze me dry."
"Don't you have better things to do?"
"I've got too much on my plate."
"Don't bust a blood vessel."
"I'll help -- if you do me a favor."
"It's not in my job description."
"It all pays the same."
"Why don't you quit while you're ahead?"
"Let study it some more."
"Don't go off half-cocked."
"Too much, too far, too fast."
"We need more facts."
Now that you have an idea of what the status quo is and how dangerous it can be; don't let its pep talks dissuade you from your mission as a leader of achieving more results faster continually.
Both Kevin Christopher & Brent Filson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Kevin Christopher has sinced written about articles on various topics from Multi Level Marketing. Kevin Christopher is a member of your online personal development and motivational courses faculty. For access to personal development and moti. Kevin Christopher's top article generates over 6600 views. to your Favourites.
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