Personal Habits Cause Failure, Too
21. The habit of indiscriminate spending. Unfortunately, with the convenience of fast credit and fast spending, this problem has only been on the rise since Hill’s time. Rather than learning how to spend and use credit responsibly, we building ourselves ever mounting piles of debt. Free-spending is not a practice that is part of good business management. The spend-thrift cannot succeed, mainly because they stand eternally in fear of poverty. Build yourself the habit of systematic saving by putting aside a definite percentage of your income every week. Money in the bank gives a person a very safe foundation of courage when bargaining for the sale of personal services. Without money, a person is forced to take what he or she is offered, and be glad to get it.
22. Lack of enthusiasm. Without enthusiasm a person cannot be convincing. In addition, enthusiasm is contagious, and the person who has it, under control, is generally welcome in any group of people.
23. Intolerance. The person with a “closed” mind on any subject seldom gets ahead. Intolerance means that one has stopped acquiring knowledge. The most damaging forms of intolerance are those connected with religious, racial, and political differences of opinion.
24. Overindulgence. People overindulge in many ways; strong addictions to anything can mean a person has their priorities all out of place. Things like overindulgent drinking, substance abuse, and the like can be fatal to success.
25. Inability to cooperate with others. More people lose their positions and their big opportunities in life because of this fault than for all other reasons combined. It is a fault which no well-informed business person, or leader will tolerate.
The Silver Lining
The good news is that if what holds you back is some personal attitude or habit, it is well within your ability to change the situation and stop these causes from continuing to hinder you from creating wealth. Identify those traits, and resolve in earnest to stop them in their tracks today.
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