The Skill Needed And The Ability To Stay Motivated

 

The Skills Needed And The Ability To Stay Motivated

The journey to financial independence depends on 2 things: your motivation and your skills. You can’t have one without the other.

Motivation is strengthened by the three Ds of success: Discipline, Dedication, and Desire. Do you have enough discipline in your life to really want to make major changes? Have you developed the discipline to keep going when the going gets tough? Do you have the dedication to see it through?

Some motivational speakers would tell you that enthusiasm is all you need but that’s not true. Developing the skills to be financially independent is equally important. Without skills, you’re like the Roadrunner in the old cartoons: You’re a bundle of energy and you stir up a lot of dust, but when it all settles, you’re right where you started.

So you need skills, not just motivation. If you're highly motivated and don’t have the skills, you’ll expend a lot of energy but it won’t get you where you want to go. If you have the skills and don’t have the motivation, you will tend to analyze situations to the point where you’ll become paralyzed and take no action.

Your ability to stay motivated has very little to do with what happens to you. It has everything to do with how you react to what happens to you.

Here are some motivational tools to propel you to the next level. 

For example, you find a house for sale and make an offer to buy it. The seller thinks your offer is ridiculously low and won’t even consider giving you a counteroffer.

The reaction of an optimistic, motivated person to this disappointment would be:

a. he or she doesn’t draw the conclusion that because this seller said no now, he or she will always say no. Also, the market will not always stay the same. It could be the seller’s market now and a buyer’s market a few months from now.

b. the buyer doesn’t feel it was his or her fault the seller said no.

c. he or she doesn’t come to a conclusion that because this seller said no, all sellers will say no.

Contrary that with the pessimistic, unmotivated person, the response will be:

a. this seller will always say no and it will always be a seller’s market.

b. he or she treats this disappointment as personal, a direct rejection of the buyer

c. he or she will think that all sellers will say no to low offers.

So, you can train yourself to be optimistic even when disappointing things happen to you. You just need to remember that when bad things happen to you, the bad event is not permanent, is not personal and it’s isolated.

When good things happen to you, you need to think that good events will continue to happen, they‘re happening because you caused them to happen and they’re happening all over.

Bad things, on the other hand, aren’t going to keep happening, they weren’t your fault and they are not happening all over.

That’s why we don’t see many pessimistic people enjoying success. This may seem like an oversimplification, but the ability to stay motivated is one of the key characteristics of success. It’s also one of the characteristics of the mindset of financial freedom.

So, the bottom line is, that you can train yourself to be optimistic and you can condition your thinking so that you react well when good or bad things happen.

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That’s all for now, my friend, See you all in my next article.

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