6 Reasons Why You Won’t Achieve Financial Success

I believe everyone wants to achieve financial success but for some, it is the little things we do that prevents us from doing so. In this article, I give reasons why you are not achieving financial success and how to overcome them.

Here are some reasons why you will not achieve financial success

1. Lack of confidence

When you lack confidence in yourself and abilities, you will not be able to take risks that can lead to great success.

Not to mention that no one will believe in your ideas if you do not believe you can succeed.

Look at all the successful business people, confidence is something they have a lot of and they believe they are capable of doing anything which is why their businesses succeed. They are not afraid of taking risks.

You need to build your confidence and start believing in your abilities as an individual – it’s the only way to achieve financial success.

2. Lack of motivation

Most people nowadays want things to happen immediately and if it doesn’t they move on to something else.

You will not become wealthy in a span of minutes unless you win the lottery. Have you heard the saying that Rome wasn’t built in a day?

You will not achieve financial success immediately. It takes time and one needs to be patient and continue pushing through.

Therefore, you need to stay motivated no matter how long it takes you to achieve financial success. You should never give up.

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3. Lack of clarity

Most people want to become wealthy but they do not have a clear plan of achieving this.

Do you have a goal? Do you know how you will achieve this goal? In order to succeed one needs to have a clear plan of action.

How do you want to achieve financial success, do you want to invest or start a business? You need to come up with a clear plan if you want to become wealthy.

You need to be aware of what you need to do in order to achieve your goals, that way you can start working towards achieving them.

4. Laziness

Yes, most humans are affected by laziness. This is where you want to be wealthy but do not want to put in the work needed.

When you look at successful stories like that of Agnes Mulewa the 22 year old who built a multi-million shilling business, it is clear that determination and hard work always pays off.

So instead of just sitting and dreaming about what you want, how about you start putting work into achieving those dreams.

5. You are not willing to make sacrifices.

Most people do not want to experience the discomfort of any kind which is why achieving financial success is a problem. In order to succeed you need to make some sacrifices.

For example, if you always go out on weekends, how about using that money to start a business or invest? You can even save for your retirement, health insurance or even save to build or buy a house.

You have to be willing to cut down on your expenses and leave within your means in order to have finances to use to achieve success.

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6. No support system

The majority of people have surrounded themselves with negative people who add no value to them.

If all you and your friends talk about is movies and games, instead of discussing opportunities and ways to better yourselves, then you need to reconsider the company you keep.

You need to surround yourself with people that build you up not people who kill your creativity and discourage your ideas. This way you will always know that no matter what, you have people to back you up.

Having a good support system is important when it comes to success after all no man is an island.

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There you have it, are you a victim of any of the above? If so it is time you overcame the limitations holding you back from financial success and go after what you want.

The writer is a Digital Marketer at Career Point Kenya. Email: michelle@www.careerpointkenya.co.ke