Overcoming Obstacles To Wealth Attraction

Being born into wealth or poverty normally has little to do with how wealthy you become as an individual in your own right.

People who start out with nothing occasionally end up with more than enough wealth for generations to come.

On the other hand, those who inherit fortunes can (and in some cases do) squander their newfound riches in a heartbeat.

The basic explanation behind this paradox is that wealth is drawn to those who know how to attract it, irrespective of their background, race, creed or colour.

Failure to attract wealth can be attributed to the wrong mindset, inconsistent strategies and weak tactics.

Let us look at each in turn.

The wrong mindset

Most of the decisions we make around money are shaped by our belief system.

What you believe is possible in the realm of your reality will only expand when you challenge the limiting beliefs you have about wealth.

This includes developing the mental maturity required to handle large amounts of money, a feat that can only happen over time.

When you acquire wealth gradually, you can easily contain it because you grow along the way, and your confidence and ability to handle money increases accordingly.

Contrary to what you may have heard, you do not attract wealth by waiting for a specific event like winning the lottery, or meditating until it miraculously appears.

You have to understand how money moves so you can position yourself to get in the ‘flow’ of that money, by creating value. This requires you to take immense action.

Inconsistent Strategies

Wealth attraction is a structured process that involves being clear on your desired outcome and devising the right strategies to get you from where you are to where you want to be.

You have to know what kind of person you are, what you really want, then select the path that will be feasible for you.

At this stage, working with a mentor who is willing to lend a hand can move you faster towards your goals.

The strategies you use to earn $50,000 a year may not be appropriate when you decide you want to scale that amount up to $1,000,000 a year.

In the former scenario, you could earn that money working for someone else, but earning $1,000,000 will require you to find alternative ways to earn money, as opposed to a regular salary.

Owning a business that is scalable and profitable will probably get you there faster and more sustainably.

Embarking on a business venture may be the most appropriate way to go, although this requires a different type of mindset.

If you are the type of person who cannot commit to something without giving up, then devising the appropriate strategies to attract wealth will prove to be a very difficult task.

Weak Tactics

Once you have the right mindset and you have selected a strategy you believe will work for you because you have proof it has worked for others, only then can you know which activities will get you on the right path.

Some of these activities may be new to you, forcing you to stretch beyond your comfort zone. Trying something new opens you to new experiences and you can learn a lot about yourself and the world around you.

Focus on those tactics that feed into your overall strategy and execute them relentlessly until you start seeing positive results.

To accomplish this, you need to develop the self-discipline required to consistently do the things that need to be done, when they need to be done.

People who struggle financially usually spend a lot of time and effort chasing money instead of devising means of attracting it.

For more insights on wealth attraction and how to change the way you think about money and wealth click here to download a copy of The Wealth Mindset Blueprint.

This power-packed audio book will reveal why preparing your mind for wealth could be the most profitable thing you’ll ever do for your financial future. Download your copy today.