7 Reasons why 95% people are unsuccessful

When we hear or read the jaw droping stats such as ” one percent of people holds 82 percent of wealth”. A report illustrates that worlds eight richest individuals holds wealth as much as poorest half of the world and list of these staggering numbers go on.why is this so? why is their huge disparity in terms of money distribution. Someone should get their answers. After all the research and knowledge, we came to reasons that why 95% of people are unsuccessful in their lives. 

IF YOU DON”T WANT TO BE UN SUCCESSFUL: DO READ THE ARTICLE BELOW

WHY PERSONAL DEVELOPMENT IS SO IMPORTANT TO BE SUCCESSFUL

It all depends upon the mindset, lifestyle of a person and habit developed by a person overtime. We have made a list of most common of all those reason. Lets dive in.

Procrastination

This one is most common cause of failure. Those who do not know, procrastination implies the habit of delaying everything and waiting for right time to came.With lack of motivation and enthusiasm, lazziness capture us resulting in slipping out of tasks .

So do not wait for the time to be right as you can only make it right.Start with whatever skills you have and better tools will be found along the way.

You may delay time but time will not: benjamin franklin

Lack of goals

Lack of goals: unsuccessful reason

If you ask any millennial that whats your goal in life?Where you see yourself in next 5 years? I am pretty much sure that most of them do not have any clear idea.

They are doing what everyone is telling them to do. They are seeing what everyone wants them to see. To do that is simply disrespecting yourself. So from now on wards set predefined goals on daily basis, then monthly and at last yearly goals an it will make a huge difference in your life.

RELATED BLOG: HOW TO ACHIEVE MORE WITH LESS 80/20 PRINCIPLE

Lack of ambition and dezire

ambition and desire

We have seen myriad of people who are quite satisfied with their life and its ok to be satisfied but these type of individuals clearly lack growth mindset and proactiveness . Unsuccessful people are quite happy with the place the life has put them into and surely lack in reasons to move forward.We believe with a glaring dezire blended with ambitious goal can do wonders for you.

Poor habits

bad habits

It takes approximately 2 months for person to develop a habits and once a habit is formed its quite tough for one to get rid off. Unsuccessful people have bad habits such as poor spending habits, laziness, overeating, watching television and worst of all social media. So its our duty to choose our habits wisely to cultivate a better living.

RELATED POST: HOW TO GET RID OF BAD HABITS

You’ll never change your life until you change something you do daily.The secret of your success is found in your daily routine: John c maxwell

Fear of failure

fear of failure: reason for unsuccessful

This is the primary fear that holds us back to try new venture in our lives. Fear of failure is reason why most of us do not jump into business and in turn get employed by someone, hence making them rich. Be brave, show courage and try the things which triggers your senses and drives you everyday.

Lack of financial literacy

Even if a person completes its education from a well known university, but if he or she is not financial literate, he or she will be struggling for money for all their lives that’s a fact. A person should know their income sources, know about the assets and liabilities and then manage their money with organized planning.

DO READ DIFFERENCE BETWEEN RICH MINDSET AND POOR MINDSET

Assets: Something that put money into your pocket. For instance, renting a house, investing in stocks and bonds.

Liabilities: Anything that take money out of your pocket. For instance, buying a car, phone, etc.

Lack of self discipline

self discipline

If you do no control yourself then you will be controlled by self. A person can master the world by mastering himself. Self discipline is greatest asset a person can have. But most of us fails in controlling our emotions and hence do things which triggers us and finally end up in failure.

EQ is more important than IQ: Keep that in mind

These are the 7 reasons why 95% of people are unsuccessful. On the other hand, we also believe that their is no such thing that a man cannot master.This list is provided to get you some understanding of life, so you can work on it and make your life even better.

Share with your friends and family, so that can get most out of it. If you are interested and want better living you can also read article Rich mindset vs poor mindset.

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WHY PERSONAL DEVELOPMENT IS SO IMPORTANT TO BE SUCCESSFUL

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abhijeet

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