Are you stuck while trying to grow your wealth? This may be why…
We all want to grow our wealth and experience the benefits of living a richer, happier life, and there’s A LOT of information about how to get rich out there. Yet, we all get stuck in our journey at one point or another.
So, why do we get stuck when trying to grow our wealth?
Because too much information is best the way to get someone to DO NOTHING!
There are 2 important principles that prove this:
1. Analysis Paralysis
Analysis Paralysis is the state of over-analyzing a situation to the extent of becoming unable to reach a decision.
Simply put – when you read into a situation and keep researching to ‘understand all your options’; what you’re really doing is overloading your brain with too much information which overwhelms and prevents you from making actionable decisions.
Solution: TAKE ACTION NOW!
Narrow down your options and take ANY small action that gets you moving towards your goals. (i.e. – pick up the phone, create an ad, or send an email). There will never be a point where you feel that you know everything, sometimes, you just have to learn through experience and deal with life through actions.
Remember the famous saying:
How do you eat an elephant?
One bite at a time!
2. Parkinsons law
Parkinsons law states that “work expands so as to fill the time available for its completion”. In other words, if you tell yourself that you need take your time to make your decision, you’re more likely to not do anything about it until
Solution: Set a deadline for yourself before life does it for you!
Even if you narrowed down your options, you’re still not going to take action unless you have a sense of urgency. Create your own sense of urgency and stay ahead, before life gives you a pressing reason and you’ll continue ‘trying to catch up’ for the rest of your life.
Keep this in mind:
We live in the information age, where all kinds of information is being thrown at us every hour of the day. Just look at your phone notifications – you receive multiple notifications with different pieces of information via apps, SMS, whatsapp, emails, social media, and calls every single day!
When we learn random things, we generate random results.
Stay focused on your goal and be conscious of how you utilize your time.