A lot of people want to know how to be rich (including me by the way). So these same people would look for ways to become rich on the Internet, magazines, newspaper ads, and sometimes from friends and family. What happens is that they enter into a program such as Wealthy Affiliate, ClickBank, or Coffee Shop Millionaire to learn how to make money. But in order to succeed, you first need to ask yourself a very important question: Why? Your why’s serve as the foundation of your success in any venture you get into. If you want to learn more about how to find your “why”, continue reading.
Steps to Knowing Your Why
I will enumerate to you the following practical steps in developing your ultimate “why” that will definitely get you moving towards the riches that you truly want. Once you’ve listed all the reasons why you should become rich, then you can proceed with the how with more confidence.
1) Pause for a while
Whatever you’re doing, stop doing it for a while and maybe take a leave from your work if you wanted to. It’s hard to think clearly and decide when you’re inundated with thoughts or when you’re under a strong emotion such as anger, anxiety, or depression. Only make a decision when you’re in a good mood or else you might ruin your life more. So please calm down first before you proceed to the next step.
2) Determine your Key Frustrations
Now that you are ready to know your why, the next step would be to find out what your Key Frustrations are. These are situations wherein you get frustrated the most. Maybe you have bills to pay, or maybe you’re drowning in debt, or you simply wanted a cool gadget, a brand new luxury car or a round-the-world trip but somehow couldn’t afford it.
In this step of the process, I will provide you with a list of all the Key Frustrations that a person might be facing. Use this as your guideline for determining your own frustrations. If you want to contribute something to the list, just remind me and I’ll be happy to place it here.
- Drowning in all kinds of debt
- Having massive hospital/health bills
- Paycheck is not enough
- Wanting to buy a cool gadget or a luxurious item
- Wanting to afford vacations and to travel a lot
- Having no source of income
- Wanting to afford a better lifestyle
- Don’t want to work for a job
- Don’t want to be a slave to your boss
- Being broke and therefore having a hard time to survive
- Pursuing big goals and dreams like becoming the next Steve Jobs
- Wanting more quality time with family
- Having time to hang out with friends
- and the list goes on
3) Admit that you’re not satisfied
After coming up with a list of your Key Frustrations, it’s time that you admit to yourself that you’re not satisfied with what you currently have in life. You might be saying, “But I’m already contented with what I have, I just want to settle.” Well, it’s okay to be contented or feel grateful for the things that you have right now, but you still need to keep wanting MORE if you want to succeed. Success is very important in life and you must continue to feed yourself with more success or else your life will stop.
At this stage of the process, I want you to look at the list of your Key Frustrations and start admitting to yourself that you’re not satisfied with your current situation in life. Do this silently or if possible recite it to yourself. What’s really happening at this stage is that you are preparing yourself for the journey ahead that you’ll be taking. By confirming your dissatisfaction from within, you are activating the ability to go for the thing that you desire. Once you’re fully convinced that you’re not satisfied and decided to want more, proceed to the next step.
4) Create your “Why” List
Now this is where you will build the foundation of your success in the quest for becoming rich. In fact, this “why” list is very much applicable to any aspect in life and not just in financial life. You can make a list of reasons why you should pursue weight loss for example, or another why list in getting a relationship, or another one for recovering from a sickness. For this article, we’re going to make a list of reasons why you want to become rich. So let’s get started.
The first thing to do is to look at your Key Frustrations list and from there you develop a list of reasons why you want to get rich. Remember, your objective for creating this “why” list is to solve all your Key Frustrations so that it wouldn’t bother you in the future anymore. If you don’t understand what I just said, then kindly look at the examples below.
- I want to get rich because I don’t want to get into debt once and for all
- I want to get rich so that I can prepare for retirement
- I want to get rich so that I don’t have to work for a paycheck anymore
- I want to get rich because I want to afford the things that I really want: vacations, luxuries, and a better lifestyle
- I want to get rich because I want to create a huge project that the world can benefit from (foundation, charity, research, or any way of giving back)
- I want to get rich because I want more quality time with my family, friends, colleagues, and most importantly for myself
- I want to get rich because I want to live free from stress and be happy
These are some of the most common reasons why a person wants to become rich. In creating your “why” list, it’s important that what you write will absolutely get you motivated or excited or else it’s useless. In order to find out if your list is effective, you must get emotionally involved in it. If you want to add something to the list, feel free to type them in the comments below and I’ll be happy to include them here.
5) Recite your List Everyday
If you diligently followed my advice, then by now you have two lists, your Key Frustrations and your Why List. I want you to have a copy of both lists or much better write them down every day. Also, get creative with your list by adding pictures to it and printing the list. Once you’re good I want you to look at the list and read it EVERYDAY.
The principle of repetition is very important because by doing it, you are constantly reminding yourself about your financial priorities in life. The process works because as you inject your list into your mind, it allows you to strengthen your foundation in your journey to becoming rich. It inspires you to get going during tough times. If you developed the list very well, this will give you a constant source of motivation while in the process.
My Final Thoughts
Knowing how to get rich is so simple, everybody can do it. But the #1 determining factor in becoming successful are your reasons because if you don’t have them, you’re gonna quit in the process. It actually doesn’t matter where you get your training because every legitimate training program will tell you one thing in common: getting rich is not easy.
It takes time before you become successful whether you’re starting a business, investing in the stock market, or creating a successful blog. In the process of doing that, you will face a lot of tough challenges, and most of them happens internally. If you’re not strong, you will eventually burn out and give up. The only way you can survive the ordeal is coming up with your ultimate WHY. Once you’ve laid your “why” foundation and you strengthen it every day, then it’s only a matter of time before you can amass great success and wealth into your life. Once you know your why and you’re ready to proceed, the first thing you need to do is to learn about financial education.
Well, that’s it for now. I hope you enjoyed reading and learned something from it. And I hope I’ve convinced you with the importance of “why” in your journey to becoming rich. Make your list and read it every single day and you’ll realize how strong and motivated you are to reach financial success. If you have something to add or share about this article, just type it in the comments section below. I wish you good luck and we’ll see each other in the comments area.