Why You Aren’t Successful Yet?

At some point in time most of us have asked ourselves “Why am I not successful already?” Well, it’s an easy question to answer; simply because if it was we’d all be driving around in exotic cars, taking 3 month vacations to foreign countries, or exploring the open oceans on our million dollar yachts.

While this all may be; the real question you should be asking is “Have I been making the choices that will make me succeed in the future?” Being as none of us can foresee the future, the best thing to do is look at the options. What you can look at are if YOUR choices align with the choices of people that have already achieved success. Hence leading to our “5 common mistakes people are making that are preventing them from being successful.” The good news is that once you understand these mistakes, it is unbelievable how easy it is to change your mindset, and start making the same decisions many millionaires make every day!

The 5 Things Holding You Back

1) Not Setting Goals

Goal setting is something that everyone should do but most people don’t. When was the last time you wrote down your goals? I’m guessing it wasn’t recently and if it was they were probably small goals or a to do list. Goal setting is really about setting up big goals that challenge you. It’s about turning your dreams into something that is achievable.

If you are setting goals you are creating a roadmap to success. This road map will let you create big goals and big models that will push you to achieve things you couldn’t do before. Don’t go along with the crowd and ignore goal setting. Not setting goals is one of the big drivers in why you aren’t successful already.

2) Paying Yourself Last

Have you ever noticed that when you get a paycheck immediately everyone is asking for a part of it? You end up paying for taxes, food, housing, entertainment, and transportation. If there is anything left over at the end of the month you use that as you investment money if you are lucky. Most people have more month than money and that’s never a good thing. This is known as paying yourself last.

What you want to do is pay yourself first. Start off with a small percent (1-3%) and increase this until you are up to at least 10%. This is money you pay yourself first. It may be tough at first but over time you will adjust. This payment towards yourself should go into an investment that over time will pay you. It can be anything from school to real estate to stocks or even commodities. If you don’t know anything about investing find a professional that can help or if you’re more hands on you can learn yourself. Just remember that if you aren’t paying yourself no one else will. Don’t let others decide where your money is going.

3) Your Network Needs Improvement

Have you ever noticed that successful people hang out together? That’s not a coincidence. The successful people in society have learned that the people they associate with make a huge impact on their lives. This can be seen on the opposite end of the spectrum as well, unsuccessful people tend to spend most of their time with people that are also unsuccessful.

Take a look at the 5 people you spend most of your time with. Are these 5 people striving for greatness or have they accepted mediocrity? If they aren’t striving for greatness they are holding you back. This doesn’t mean you can’t or shouldn’t talk with them. What this means is it is time to work on your network. The best way to do this is to find the type of person you want to be like and start spending time with them. One of the big goals you should be creating is finding a mentor that has already done the things you want to do. They can share advice and guide you on your way to success. If you don’t know where to find them look for clubs related to your interests. Don’t forget that you are the sum of the people you spend the most time with!

4) Lack of Education

Education is something that scares a lot of people. If someone randomly told me my lack of education was holding me back my first thought would probably be “but education is expensive”. That may be true in some cases but you don’t need formal education to create a better life for yourself.

One of the best ways to educate yourself is through reading. Books and eBooks are also a great way to get mentorship that I had mentioned before. You don’t need to meet someone to learn from them. If you read a book it gives you the opportunity to expand your mind by looking into the thoughts of someone who has experienced more. That seems like a great way to learn. You don’t even have to read now that audiobooks are easily accessible.

Another great way to learn is through online courses or certification programs. Some of the programs can cost money but others are free. Depending on what you are interested in you can Google courses and certifications and find what you are looking for.

To become successful you need to create a skill set that causes you to stand out from the crowd. These skills can be learned in many different ways. All you have to do is spend the time to educate yourself when others are wasting time.

5) Wasting Time

Wasting time is one of the biggest things holding people back. Have you ever tracked how much time you spend on social media or watching TV per day? It’s definitely something you should track because the average time on social media is up to 2 hours per day and TV is up to 5 hours. Can you imagine what you could do if you had an extra 2-7 hours per day to spend on achieving your dreams?

Instead of wasting your time, schedule out your day with time blocks. A time block is a 15+ minute time period that you set aside specifically for a task. I personally use 1 hour a day for reading. That time block is the same every day and has become a habit. Habits make things easier. Use these time blocks to create your goals/plans, expand your network, educate yourself, and learn to invest. Once you’re using your time properly you’ll be amazed at how much you can accomplish!

It’s Time to Become Successful

Success is not something that comes over night. It takes time to create habits and change your mindset. One of the best ways to go about becoming successful is to share your ideas. When you share your ideas you find people that are like you. Finding people like yourself allows you to build your network. You can even have people join in on your pursuit of excellence. These people will become your accountability partners. Teach them about how important it is to set goals. Show them how paying yourself first has allowed you to create extra income. Educate people on the topics that you’ve educated yourself on. Don’t forget to show them how much you have accomplished when you became accountable for your time. There is no limit to what you can do!

If you think you are ready to start making a difference your life and others share these concepts with your friends. Some of them may not like that you are trying to better your life but that’s ok. Find the people that want you to succeed and invite them on your journey. It’s time for you to create your own success and stop making excuses!

Changing Your Life With The Law of Averages

The law of averages is the idea that over time everything will eventually work its way to equilibrium. When you think about it that means everything around you is becoming more average. This concept is really important when you think about who you spend your time with. Are your friends and family struggling to get by or are they successful? Depending on how you answered that question you should be able to reflect on what they’re doing and see how things are most likely going to be for you.

It’s important to understand that just because your friends and family act a certain doesn’t mean you have to do the same thing. It only takes one person to change your life. One person make a positive impact on you that pushes you in the right direction. Look at the people you spend your time with and ask yourself “Do I want to be like these people?” if the answer is “Yes” then you’re doing something right. If you answered “No” then it’s time we look at how the people around you impact your life.

How People Influence You

There are many ways that the people around you influence your life. Peer pressure is a really difficult thing to work around. If your friends and family are making certain choices it’s more likely that you will too. It’s hard to go against what the social norms are when it comes to your group. You can become an outcast and we are programmed to avoid becoming an outcast. What you need to remember is the choices you make can only truly affect you. Don’t let the choices of other influence you into doing something that doesn’t improve your life.

The more time you spend with successful people the more you will realize that success comes from the choices you make. If your friends are saving 10% of their income it is more likely that you will too. Start small and find one person that is a good influence on your life. Find someone that has the same goals, aspirations, and dreams as you. This person should be more experienced than you and can help you out. It only takes one person to change your life. Remember that your net worth will be based on your network.

Law of Averages

The law of averages is an important thing to understand. In the most basic form it states that over time things will become more similar. Earlier I mentioned that it means we reach an equilibrium. Both of these ideas are true. The law of averages can really make a difference in your life because you become like your friends. If your friends are successful you will be successful. If you friends watch every new movie you are more likely to watch every new movie.

Life likes to balance itself out. That means if you want to balance out higher or become above average you are going to need to do above average things. One of those above average things you can do is create a network of successful people to spend time with. If you surround yourself with success you will eventually become successful. This happens through a process of mimicry. Find the people that have successful habits and follow in their footsteps. Some of the habits will be difficult but others will happen naturally without you know. Remember it’s easier to change things one step at a time. Don’t go big and give up. Start small and pyramid your success into bigger success.

Help Others Achieve More

One way to help build your network is to help others. Now that you’re in the mindset of looking for successful people to help you, get out there and help others. Giving to others is one of the best ways to have others give to you. You don’t need to be the best at something to help someone learn. In reality you only need to be one step ahead of the person you’re teaching. Do what you can to help others and add value to their lives and it will not only grow your network but it will make you feel good about yourself. Feeling good about yourself is one step towards becoming more successful. You’re also building that network so you’re killing two birds with one stone!

No One Achieves Success Alone

Contrary to what most people believe success isn’t about being self made. Success is about surrounding yourself with people that can help you achieve more. The people you surround yourself with are everything. At any point in time someone you know may bring you the opportunity that changes your life. Don’t forget that you may be the person in someone else’s life that changes their whole world. Be social but know that you need to look for people that aspire to bigger things than what they have today. There is nothing wrong with big dreams!

Let’s Get Started

It’s time to get serious about your network and who you spend your time with. Here are 6 steps to improve your network so you can achieve more.

1. Write down 3 traits of the person you want to become.
2. Create a list with the 5 people you spend most of your time around.
3. Write down the 3 most common traits of each person.
4. Compare these 15 traits to the traits you want to have. If the traits don’t match decide if this person is helping you or hurting your dreams of becoming successful. If they are hurting your dreams mark them off. This doesn’t mean you have to drop all contact with them it just means that you are more knowledgeable about the situation.
5. Now it’s time to find replacements for the people that you have marked off. This doesn’t need to happen quickly. Some great places to find successful people are Toastmasters meetings, Real Estate Investment Associations, networking events, or events related to you hobbies. It is easy to find these groups using the Meetup app.
6. Now that you are working on growing your network, share this idea with other people that you think will benefit from meeting new people. You can never know too many people and you can never help too much.

Don’t forget that no one succeeds alone. The people around you are going to make all the difference. Find the best and eventually you will be the best!