Folks who make six figures or more have specific traits that help them thrive during the toughest of economic climates. Financially successful people expect to be well compensated for their work. While money may not be their only or even their main driving force, they want to make and feel good about making money.
On the other hand, under-earners often underestimate their worth or work for free.
Rather than feeling positive about making money they may look down on people with money and believe in the myth of noble poverty. To succeed financially you need to step beyond your comfort zone. For example, asking for a raise, negotiating your salary, or raising your fees may produce fear and discomfort. The person who is financially successful understands that fear is just an emotion and takes the step anyways.
They Try, Try Again: They are willing to tolerate the discomfort of failure to start again and achieve their financial goals. Want to Read saving….
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The 7 Secrets of Financial Success: Each easy-to-read chapter of The Seven Secrets of Financial Success moves you into action, taking you step-by-step up the "Success Triangle". The book is loaded with graphics, charts, and case studies that make the information pertinent and easy to understand, and worksheets to help you apply the "Seven Secrets" to your own life. Hardcover , pages.
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To see what your friends thought of this book, please sign up. To ask other readers questions about The 7 Secrets of Financial Success , please sign up. Be the first to ask a question about The 7 Secrets of Financial Success. Entrepreneurs make more money, but the poorest were also in business. Not surprisingly, it turned out that successful businessmen do earn more.
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But I also noticed that those with the lowest income were also into business or were previously in business. This just goes to show that while the rewards are highest in business, so too are the risks. Still, even for those who did not strike it rich, the majority still earned enough from their business to live a middle-class existence.
Unlike their employed counterparts, most of the middle-class entrepreneurs worked longer hours.
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Those employed longer in a single company tend to earn more. Despite the current trend to give emphasis on merit, seniority still carries a large weight in promotion decisions. Those who job-hop frequently rarely ended up in a better position.
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The exception to this is if the succeeding position is better compensated than the last. High grades were a factor in initial employment.
1. Stop procrastinating.
Assuming that those who had high grades during high school probably ended up getting good grades in college as well, it would seem that they also got better jobs, at least initially. While I do not know what grades they had during college, those who were academic performers during high school appeared to do better than average in landing better jobs. This is only to be expected for new graduates because potential employers have less to assess them on outside their school records. Summing up, good grades open doors, but performance at work is what ultimately determines your career.