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Financial Success Books- Habits From Successful People

I read a lot of financial success books, I watch success and motivational videos and I attend seminars and webinars. I’ve always had a passion for learning, when I was a kid I loved reading and it’s a habit I’ve continued and will continue for the rest of my life. In the last eighteen years the focus of the learning has shifted to financial success because I’ve come to understand the importance of money that I really didn’t have when I was younger. I now understand the importance of a financial education.

Why are you doing that?

Sometimes people will ask me, why are you reading that? or why are you so focussed on money? as if I’m wasting my time or behaving badly. Because they don’t have the same goal for financial success as I have, they don’t understand that “why?” is the most important question. They don’t understand that I’m focussed on learning habits from successful people, people that have achieved goals I’d like to achieve. Habits are very powerful and once you build them they’re hard to break, that’s why it’s hard to quit smoking. People who succeed financially or in any other area of life leave a trail for anyone who wants to follow it, as the saying goes “success leaves clues”.

 

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I used to listen to a Robert Kiyosaki audio program in which he talked about “why” being a more important question than “how to”. The “how to”, he would say is simple and usually there are many “how to’s”. For example if you want to lose weight there are many different ways to do it but it basically comes down to eating less and exercising more. But what most people do because they don’t have a strong enough “why” or reason they go looking for an easier “how to”. If the “why” is strong enough then the “how to” is simple (not necessarily easy). If the “why” is not strong then you will give up when the road gets harder (and it will if you’re trying to achieve a major goal)

The Power Of Habits

I read somewhere that a habit takes twenty one or thirty days to form and I don’t know if it’s true but what I do know is that when you form a habit it becomes automatic and you don’t really have to do a lot for it to continue but you do have to do a lot of work to break any habits. I’m going to list what I think are the most important habits from successful people that I’ve learned, or traits I’ve realised make a big difference in whether people achieve their goals in life, please feel free to share yours.

Knowing exactly what you want

You have to be specific when deciding what it is you want because it doesn’t matter how smart or talented you are if you don’t have a specific target in mind you’ll fail. If you say I want more money and I give you a dollar then you’ve achieved your goal, but I’m sure that’s not what you meant.

The determination to persevere until you succeed

Never give up, don’t quit, just keep going. Change your plans if you have to for better plans but don’t quit. It’s your goal or dream and no one cares about it like you do so keep moving forward with relentless persistence.

Self discipline

Discipline will help you get things done. Either you control your mind or it controls you, there’s no middle ground. Take full responsibility for your actions and don’t make excuses, make reasons why it’s a must for you to do it. You have to be committed to your goal, you have to pursue it with all your passion and self discipline is a must.

Be obsessed

If you want to achieve anything above average you can’t wish or hope for it to happen, you need to be obsessed with it. Be prepared to work hard, plan, re-asses your plans when they don’t work, work harder, improve, learn from your mistakes, breathe, eat and sleep your goal or dream until it’s a part of you. Zig Ziglar said “if you don’t pay the price for success you’ll pay the price for failure”.

Create your own reality

Have a vision for your future, success is a choice, freedom is a choice and you choose everyday. Use your failures and any negative influences in your life to motivate you to, to make you more determined to achieve what you want in life. Don’t let anyone destroy your dream just because they don’t have your vision.

 

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Impossible is just a word

Napoleon Hill said “whatever your mind can conceive and believe, it can achieve” and he was absolutely correct. Belief is the key to moving forward when there is no evidence that your dream will ever be a reality. Some people say “I’ll believe it when I see it” but really the saying should be “I’ll see it when I believe it”.

Work is the way to your goal or dream

Ideas without work are just ideas and no idea will work on it’s own, you have to do the work necessary to make it happen or you’ll be making excuses. Talent or favourable breaks will only get you so far but with hard work and persistence you’ll be able to achieve whatever you put your mind to.

We read a lot of financial success books but they’re useless if we don’t apply the information we learn and copy or develop the habits from successful people. I’ve shared the habits or traits I think are most important but I’d love to know what habits or traits you think have made the biggest difference in your life.

Thank you for reading and feel free to leave any comments below

Cheers

Diego

 

 

 

 

Diego

14 Comments

  1. Hi Diego,

    Thanks for an inspiring post. Like you I’ve read many motivational and personal development books and videos and taken many courses. I’ve read all of Robert Kiyosaki’s books and many others. Have you read :
    Start with Why? By Simon Sinek; and
    The Laptop Millionaire? By Mark Anastasi. As you’d know there are many others. Thanks again for the post.

    • Thanks for your comment Gaylene, those two books you mentioned there I haven’t read yet but I will now put them on my list because they sound like the kind of books I like to read, I’m always looking for inspiration or ways to improve. Cheers

  2. I agree with you that knowing the why and working on the reason why is crucial to success. The steps that follow is relatively easy once we know the why. Definitely the stronger the why, the more likely you are to succeed.
    I find that determination also helps. Like the expression that says you only fail when you give up, I try to stick to my goal otherwise I fail. If I don’t give up then I can’t fail. 🙂

    • Thanks for your comment Dinh, it sounds simple, “you can’t fail if you don’t give up” but sometimes it’s not so easy to do when things are not going well and you’ve been trying for a long time. I think the key is when you’re about to give up on goal to think back to why you wanted it in the first place, maybe create a new plan for achieving it and be aware there are many people that have had much bigger challenges and succeeded because they just kept moving forward. Thanks for sharing

  3. You just made my reading list my friend. Awesome post. I resonate with so much of what you say on my own site and I see that you have followed the same path(but different) that I have. Impossible is just a word. I LOVE it!! Sometimes there are things that are staring you right in the face that are false and somebody just needs to DeNozo slap you upside the head to wake you up!! You, sir, are the alarm clock people needs!!

    • Thanks very much for the comment and positive feedback Brent, I’m really happy you enjoyed the post. You’re absolutely right, sometimes the things right in front of your face are the hardest to see. Cheers

  4. Hi Diego!
    I love this post, and your site. What a terrific resource! Understanding my habits and creating my own reality are among the things I’ve put a LOT of energy into this year. I can see your site as becoming a helpful, trusted resource on that journey. Keep up the great work!
    Best wishes,
    Kevin

    • Thanks Kevin, I really appreciate the positive feedback. I’m really happy that you’re finding the content helpful, that gives me a lot of satisfaction. I totally agree with you that understanding your habits is the first step to changing them and creating your reality. Thanks for your comment, all the best. Cheers

  5. Hi Diego,
    I read Robert Kiyosaki’s book, Rich Dad Poor Dad and I have to say it changed my life. After reading that book I started doing online business. I like the analogy – it’s not the “how to” it’s the “why”.

    I think you are right, it’s good to get into a habit of working towards your goal. I will take inspiration from this article. Thank you.

    • Hi Craig, thanks for your comment. I think Rich Dad Poor Dad changed a lot of peoples lives because of how different the ideas in that book were compared to the mainstream financial advice. I’m glad you found inspiration in this post, thanks for taking the time to read it. Cheers

  6. Some great points here, I’ve bookmarked your site for future reference.
    I know I will get to where I want to be.
    The books I have read that have helped are:
    Entrepreneur Revolution and Think and Grow Rich.

    • Thanks for feedback Josh, I’m happy you found the post useful. I haven’t read the Entrepreneur Revolution yet but I will now put it on my list. Cheers

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