One of the reasons why people fail at being able to make money is because they neglect the necessary rudiment, the necessary skills they're to acquire, and the right relationship or network they should have.
For example, there are these habits people cultivate, it's like opening up Facebook early in the morning, checking up some of the beautiful real estate that is worth thousands of dollars, taking a screenshot, bookmarking the page, and promising to get back to buy it when they become wealthy.
In reality, people overestimate their ability to become wealthy when it takes actual work, process, and time to do it. "Time" is what many people feel they do not have and this is because their haste to become rich has taken away the essence of work, commitment, and creativity.
More Ground, Less Discovery?
Most young people I Know jump from one business to another, selling one crypto asset for another, buying one coin when it's morning, and selling what they have when it's dipping, because they want to join the bandwagon and make quick cash, the assets they've bought while it was booming is now in decline, while that which they sold when it was dipping is now appreciating.
Because of their lack of persistence, they fail woefully because they're trying to cover more ground, bridge their losses, and cover more loopholes. Sometimes inaction is the mother of innovation, watching and doing nothing most time beats taking fruitless actions, this is why we need persistence, a non-monetary value that goes a long way.
The Decline Bandwagon
People are attracted to winning, so much that they fear the procedural lessons that come with losing. I know people who are dogged or always talking about making quick money, they tend to miscalculate the sacrifice they'll have to make.
Having the money to them feels like an orgasm, they're already calculating how they'll spend the money they're yet to make and all these expectations are what make it difficult for them to see the reality of the process, they flop woefully when it comes to the actual thing.
they're obsessed with numbers so much that they underestimate the concept of real value.
The Essence Of Persistence
People who possess communicative and networking skills understand the value or importance of building non-monetary relationships. However, building it is difficult. People do not understand that patience is more than a virtue.
Persistence unlocks the strongest barriers, this is why companies and business pays advert companies to constantly shill their business to people because most times, persistence is what convinces and affirms innovations. Do you know why some marriages last and some do not? People are more concentrated on what will not last, more than what will last.
This is why a lot of people would prefer choosing one million dollars at a go, rather than taking $20k per month throughout their lives.
There's the attraction to things that wouldn't last more than things that will and this is why people fail before they begin.
Killing The Illusion Of Limited Time
Non-monetary values are essential in life, the ability to choose the right people, the right project and the right business is having non-monetary value. It's important to avoid being average at everything because we want to achieve so much with so little.
Some people's persistence level is why they'll remain poor. We have to kill the illusion that we do not have "time", sometimes people predict how quickly they'll die, so they make resolutions of becoming billionaires before they turn 30.
This sense of haste makes them chase blinking things. I have a very small circle, in almost everything. The importance of retention is its ability to recognize and achieve invincible goals. This is why you need to start laying more emphasis on longevity.
Interested in some more of my works?
Crypto & The Outrageous Learning Curve: My Splinterlands Journey As A Case Study
Understanding & Adjusting To The Real Purpose Of Motivation
Thematic Expression: African Child (Shot & Edited On My iPhone 12)
How I Create Original Images for My Blog & Why This is Important
Budgeting: Paying Yourself First With Crypto
Establishing Compatibility: A Case For Self-Improvement
@Josediccus, your brother-in-pen & heart
I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog
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Certainly we need to keep in mind all the auxiliary ways we benefit in addition to monetarily. Having a long term focus and concentrating on our skillset can really pay dividends.
As we improve, more is available to us.
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You're right, as we improve and diversify as well as learn on a daily, more is absolutely available to us. We need different skillset to Improve. Thanks for coming through
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It has become more of show me the money kind of society, relationships, business etc some are quick to make decision on what they stand to gain instantly and not what the gain is over time with sustainability.
I appreciate it when building network or whatever isn't based on what monetary value am going to get, there's a lot more than that.
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Nobody wants to build anymore, the haste takes away everything. It's why it's difficult to meet real people in life who aren't extrinsically driven. It's a shit show.
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At the first sigth this is simple math. $20 000 USD per month is $1 200 000 USD in five years, not counting any kind of interest or profit.
But of course they can say that they are not sure that they would still live in five years, and that is understandable and acceptable. Nowadays living is unpredictable, and anything can happen at anytime. For example you eat your breakfast or anything at one moment, then a few moments later a drunk driver hit you, and boom, it is game over. It can happen anytime with anyone. And this is just/only one example.
So both sides are understandable and acceptable.
Inasmuch as it's simple maths, the sense of haste is what basically drives that decision. One million dollars is huge, having that money in actually can make people Make decision that can make them lose it, because of inexperience and the clustered emotions that comes with having such money. This is why time and experience is relevant in giving money the value it needs
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Persistence is the key, kind of like dollar cost averaging, you'll generally reach your goals eventually.
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Exactly, it's more like DCA eventually one gets to their goals
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Learned the lesson by facing the reality of life.
THERE IS NO REAL SHORTCUTS!
All it needs is hardwork, dedication and be at the right place at the right time.
Hodl mode on! Strategy building in this dip aka to accumulate and keep repeating for another year or so!
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You're absolutely right there. There's time, no shortcuts.
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This article just made me realise how we are our own enemy when it comes to building and development. Even when we have the ability to archive and acquire. The pase at which we want to archive and time required is in conflict with our nature. Making us move from one thing to another without growing what we started to a point of maturity
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There just isn't enough time and if it's important you make time for it. I generally sacrifice some sleep to make sure I am active on Hive. Even on my busy days, I try to make a little bit of time for it.
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Agree with these points: we overestimate our ability to succeed, and underestimate the number of additional skills we need to succeed, and time that must be put into success.
Strong work.
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Time is the most important asset. So scarce and everyone has 24 hours a day. It's up to us how we use it.
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Time is the most important aspect, how we manage it to meet new people, how we manage it to build network and something that works. If you get your time right you will definitely improve and get all these thing right
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some excellent points were made above. I used to believe that persistence and dedication were everything. As I'm getting older, I'm turning more and more toward building wealth slowly and reliably...and as passively as possible. the less work I have to do to earn more, the better.
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