This post is to share motivational tips to help you strive towards the path of financial success
It’s totally natural to come across stumbling blocks when you determined to financially succeed. For example, when you’re building your online business, you may not know instantly what your niche will be. Or even outside of online business, we may face disappointment when financial obstacles impede our path.
A couple of weeks ago, a friend of mine (Tracy) took a major decision to open her own childcare business. She is great with children and has great managerial skills. She would put her everything into the business.
Unfortunately, this dream crumbled when the bank rejected her application for a business loan. Unfortunately, her credit would not allow her to take out the loan, and to say she was disappointed was an understatement.
However, I immediately began to help her overcome her feelings of failure by sharing my financial motivation tips which I have gained through experience.
6 Motivating Financial Tips
1. Always prepare for different outcomes.
For example, when going forward, I told Tracy to prepare for rejection of future bank loan applications and this preparation comes in the form of ‘what I could have done better’.
In Tracy’s case, the initial structure of her business was too costly.
She then asked me whether I meant ‘too ambitious’ and the answer to that was ‘no’. Ambition should always remain in your financial goals, but it is sensible to prepare for different situations to make your next move more efficient, as you will have already planned for an alternative.
But what if you don’t feel like moving forward and trying again?
One quote which sums up my next tip comes from Einstein:
“You never fail until you stop trying.” – Einstein
2. NEVER give up, as your failures are bringing you closer to success.
I know that probably sounds like a contradiction, right? But it’s true.
For each failure, you will learn something new and inch more towards achieving your financial goal.
In Tracy’s case, she started to take steps to improve her credit score which, in turn, slowly allowed her to increase her bank overdraft and increase her chances to be accepted for a business loan.
3. Never feel like a victim because it’s not a question of ‘if’, it’s a question of ‘when’.
And this ‘when’ depends on how hard you are prepared to work, and how passionate you are to achieve your financial goals.
I reaffirmed to Tracy what she already knew: her passion for childcare was bigger than her feelings of failure. So all she needed to focus on was the end result of success and what she would achieve if she kept on trying. It was this focus which eventually allowed her to succeed in starting her business.
4. Money is not the be-all and end-all of life: it is a monetary medium which should be received and given freely.
I’m not saying to not be smart with money, as this website advocates the complete opposite, but don’t stress about it.
Financial success comes easier to those who don’t place extreme emphasis on being ‘rich’. It comes easier to those who are focussed on their passions which in turn provide them financial success.
Take a minute to think about this.
Was Bill Gates primarily focused on money when he created Microsoft? No.
Money was just the by-product of his passion to help people via the medium of technology. Everyone has the potential to succeed financially if they have a passion. Everyone has an interest/passion in something. Even if it is just watching T.V, if you’re passionate enough to build a business which resonates around this passion, then you will succeed.
5. The future does not care about the past.
So any negative feelings you have due to past experiences, just learn from them and move on.
I know you may be thinking “it’s easier said than done”, but it will happen if you treat these experiences as lessons learned. For example, when I was scammed, I felt so depressed.
But eventually, I felt no anger, no sadness, but just closure. What goes around comes back around, and what you put in life, you get back in return.
My dreams of financial success far outweighed my feelings of financial violation. In fact, it made me dream more and in turn allowed me to create something which I am so proud of: an online business which I have control of, and which has many avenues of revenue.
This last tip is short and sweet.
6. Never limit your goals but instead accommodate them with plans of action!
Even if your financial goals seem unrealistic; they are not if you plan each step of how you will be fulfilling them.
I hope this article helps somebody, and if you have any questions about any of these tips or would like to share your own, then please comment or contact me (:
To your success!