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Develop a Winning Mental Attitude

Understanding the misconceptions of success.

Femi Adebanji

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There are a number of major misconceptions regarding success, especially when it pertains to wealth, and these misconceptions can act as potential stumbling blocks to one’s ability to achieve financial success. Understanding and addressing these misconceptions is key if one is to develop the right mental attitude that is crucial for success.

From rags to riches

Firstly, there is the widely held misconception to make money; you already need to have money. While this may be true in some circumstances, one could also pose the counter argument that there are numerous cases of entrepreneurs  who have built successful business empires that by starting virtually from scratch with little or no funds and are where they are today simply as a result of their determination and vision.

This misconception is so pervasive that it stops many people from even attempting to pursue their dreams because they truly believe that they need to accumulate the amount of money they need first before acting on their ideas. This causes so many to delay that often times the idea fizzles out, and  by the time they get to implementing their ideas, it is already too late and someone else has already  ran with the idea.

If you have a dream, vision, idea or goal start from where you are and do something daily towards the attainment of that goal. The significant success factor for any goal is not money but rather creativity and determination. Once you get the ball rolling, you will be amazed at how the pieces will begin to fall in place. Determination not money is the more valuable currency that is vital to the accomplishment of any goal,

Find your best asset

Secondly, there is the mistaken belief that the ability to amass wealth is limited only to the select few that are highly intelligent, privileged and well-educated. This is completely untrue. Conduct a quick analysis of the most successful people in the world and you will find that they come from all walks of life. Aside from commitment and belief, the only things they have in common is that they have nothing in common. Success is no respecter of creed, race or circumstance. Some of the richest people in the world never even completed high school not to mention attaining a university degree or diploma.  Some of them started from nothing, with nothing, while many of them could be considered people of average intelligence. However, what they lacked for in “high IQ”, was more than compensated for by their belief, motivation and determination.

Make your own luck

Finally, there is the misconception that to be successful, you have to have luck on your side. Yes, some people where at the right place at the right time; unfortunately, such people constitute a tiny fraction. Many successful entrepreneurs have had to work at their vision sometimes for years until their goals were achieved. By and large, most successful people have had to be committed and apply themselves consistently for many years to get to where they are. In life, the harder you work and the more committed you are, the luckier you get.

The misconceptions regarding success prevent us from becoming who we need to become to achieve the goals we desire to achieve in our lives. Often times, what starts out as a misconception, evolves into a subconscious justification for our inaction and eventually the death of our dreams.

The question is whether or not we are willing to become more – mentally, emotionally and physically, in order to achieve more out of life. To achieve profound success, we must push past the misconceptions and focus only on becoming who we need to be in order to have what we need to have.

Femi Adebanji is the director of the Mind-Advance Institute and a sought-after speaker and motivator. As a performance consultant he works with individuals and companies to design plans of action to realise their potential, achieve their goals, become more effective and maximise performance. He holds a Masters degree in Financial Economics and an Honors degree in Economics. For more information visit the Mind Advance website.

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2 Comments

2 Comments

  1. Alexander van Zyl

    Oct 27, 2011 at 12:15

    Fantastic article….

  2. mali

    Nov 9, 2011 at 09:47

    Its really fantastic becouse it help us to gett infomation quickly

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Self Development

5 Inspiring Quotes From Madiba To Stir You Into Action On Mandela Day

In honour of Mandela Day, here are 5 of Nelson Mandela’s most inspiring quotes.

Casandra Visser

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Bouncing Back

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“Do not judge me by my successes, judge me by how many times I fell down and got back up again.”

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Self Development

25 Bad Words That Make Other People Feel Inferior

If the harshest thing you have to say about someone is partly true, say the other part.

John Rampton

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Did you know that in every language, there are more negative words than positive ones? It seems we need lots of words to describe our negative feelings, but we’re content with a handful of positive ones.

For instance, researchers have found that most cultures have words for seven basic emotions: Joy, fear, anger, sadness, disgust, shame and guilt.

That’s one positive emotion, and six negative

It’s no wonder so many of us have a hard time keeping our negative comments in check. Over the past six months I’ve been working on the verbal language that I’ve been using that I don’t even realize hurts others and in some cases makes them feel inferior. I even noticed that I’ve used a couple on my personal and business website. This is a “no-no” that I needed to fix.

This post will list 25 negative words you should avoid…so that you stop hurting, belittling and intimidating those around you!

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Self Development

How To Control What You Can And Influence What You Can’t In Your Life

Every day you need to get up and face numerous challenges. Here’s how you can keep your head in the game — even when all you want to do is quit.

Erik Kruger

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resilience

On Monday you wake up ready to take on the world. You’re focused, determined and business is doing well. Tuesday feels like you’re invincible and things could not be going any better. Wednesday, your world collapses. You doubt your ability to deliver to your clients. You wonder whether you should still pursue the same business. You think that quitting at this stage is easier than dealing with the ups and downs of entrepreneurship. And you are dramatically reminded that entrepreneurship is hard.

Mix in human nature and it becomes borderline insanity to try and build a business. And yet, the reward is worth it. I therefore want to share three strategies that might help you cope with this tough but deeply rewarding pursuit.

Influence and control

Most of the things in business and life are out of our control. You cannot control how other people react to your service or product. You cannot control how your employees will show up. You cannot control how the market will react and how that will affect your business.

Related: How You Can Do Big Things

This makes it very important to control what you can and then influence the rest to the best of your ability.

So, what can you control? You can control your actions, reactions and perceptions of the challenges you face. Meaning essentially, that you can control yourself and your efforts.

Do this with excellence and you will automatically influence the people around you and the situations you find yourself in.

Override your moods

If we only did the hard work when we felt like it, we would hardly get anything done. Our moods fluctuate like the tides of the ocean. Not because we are temperamental but because the external world has a profound impact on us.

When you wake up to news that the economy is in recession, it has the potential to plant seeds of doubt in your mind. When you receive an email from a disgruntled customer complaining about your service, it has the potential to ruin your day.

The fact is that you can receive a hundred testimonials singing your praise, but you will obsess and become despondent over that one negative comment.

This means that we have to move beyond our emotions. Sure, they are important in the decision-making process and for fostering meaningful relationships. But you cannot allow them to dictate when you will do work.

In other words, work hard, irrespective of your moods, especially on the days when you don’t feel like it.

Create a calibration practice

One of the best ways to deal with this rollercoaster effect is to create a daily calibration practice. I am a big fan of any action taken on a daily basis. Not only because of the accumulation effect that occurs over time, but also because it keeps you focused.

So, what does a daily calibration practice look like?

It differs for everyone. It could range from meditation to a vision board to journaling to listening to a specific playlist of songs. My suggestion is that you give journaling a go.

Because it’s sometimes difficult to start a new calibration practice, I have included my journaling template for you.

It’s called ‘J1G’ (pronounced as jig). I use Evernote or a notebook from HumanWrites for journaling purposes.

J: Journal

For the first few minutes, simply allow your hand to run across the paper. The idea is for you to dump as many of your thoughts onto the paper as possible.

Some questions you can answer in this section are:

  • What am I currently excited about?
  • What am I currently worried about?
  • Where am I currently winning?
  • What can I learn from what happened yesterday?

1: The one thing that you want to get done today

In this time, I usually have a look at my to-do list and decide which one action I want to get done today. Write it down and then expand on why it is the most important action. How will it move you or your business forward?

Related: Better Thinking For A Better World

G: Gratitude

In the last section, you simply write down three things that you are grateful for. Trust me, this is an important daily practice, but even more so on the days when you feel as if life is beating you down.

When you focus on the things that you are grateful for, you crowd out fear and shift your state of mind to a more positive and productive one.

The punch line

If you can stick to the three ideas I outlined above, I guarantee you will develop more resilience and perseverance. You are an entrepreneur because you chose to be one. Do not allow life to impose its will on you. I have no doubt that you will be better off because of all the challenges you face. Not in spite of them.

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