Tips on how to be richer than others

© Omokaro Efeobome. All Rights Reserved http://talk-about-wealth.blogspot.com

Do you think you cannot be richer than your boss, friend’s, neighbors or even the richest man in your country or state? I belt you can, you can be richer only if you want to. And for you to be richer, you have got to learn to think RATIONAL instead of EMOTIONAL. You have got to learn to be master of your emotions and to think clearly, even when you are under extreme pressure. Because when it comes to money issues, it is the emotion of fear that keeps most people poor.

Thus, most people live in fear of losing their money or risking their money so they say things like, don’t take RISK or play it SAFE. I am not telling you to live dangerously or carelessly, what I am trying to say is that, you should know when you are thinking rational emotional because when you are thinking emotional, thinking rational is often one of the difficult thing to do.

Religion, Politics, Sex and Money are emotional subjects, thus, when it comes to these subjects, most people are not thinking rationally. If you want to be richer, when it comes to money you should not be afraid of losing so that you don’t even at the long run wind up losing that which you were avoiding to LOSE. And again if your intention is to be richer, you should not let your feelings do the thinking for you. Some people will say things like; I don’t feel like doing this thing, which is completely an emotional thinking that is not good for you when it comes to MONEY issue.

Do you know that, the way you respond to FEAR determine the difference between your been successful and your unsuccessfulness? If you want to be richer you have got to learn to push forward when others are pulling backward, play SMART when they are playing safe, you should not be terrified of making mistake when others are. Because, as they are terrified of making mistake, pulling backward and playing safe, life’s opportunities will be passing them by.

Another fear that, if you can master that will make you richer is the fear of OSTRACISM. Which is the fear of being different, or standing out or alone, being ridicule by pears. These fears cause people to conform rather than daring to be different. It is this fear that leads to the “thundering herd mentality. Which also cause people to band together and waiting for social proof that what they are doing is right or ok.

In all what I am trying to emphasis is financial intelligence. For you to be richer you have got to be intelligent financially, and financial intelligence is a 50/50 proposition, which means 50% of your financial intelligence should come from what you learn from business school or your mentor and the 50% should be knowing when you are thinking rationally or emotionally. It is this 50/50 relationship that is the basis of financial intelligence and this is what can make you richer if you desire to be richer.

See you at the top.

© Omokaro Efeobome. All Rights Reserved http://talk-about-wealth.blogspot.com