There are tons of ways to get motivated. It’s what you need before you decide that you want to do something. Whether you want to earn a little extra cash, work harder to get that job promotion, or get out of bed, motivation is the first step before you make a decision. You may want to reach financial independence faster, get out of bed for food, or have more financial security. These are great end results, and the first thing to get motivated is to define what drives you.
I still remember like it was yesterday, coming home when I was little and I told my parents that I wanted to buy something. Whenever I came home to ask, all they said was “that’s too expensive.” It didn’t matter how much it costed, the answer always came back the same. This taught me a lesson on the trade-off between the green paper we all call money and having the next generation toy that I just had to have.
My Mother’s Roots Started in Poverty
My mother’s side of the family wasn’t and isn’t particular rich. In fact, her side of the family could be called almost poor. They lived a farm life, having just enough to live but never a surplus. When I visited my grandparents, they didn’t even have a proper sewage system for the toilet. This influenced my mother to save everything that she could save on and spend on things that she needed to spend on.
They lived a very happy life. However, money is getting a little tight these days and my grandfather was hit with Alzheimers 2 years ago. My 78-year old grandmother had to go back to work just to pay his hospital bills. South Korea wasn’t a particular rich nation. It would almost be a crime to not get motivated after watching all of this situation. I didn’t want to waste ANY opportunity to get richer.
I can’t and won’t ever forget this lesson. I envisioned what my life will be 40 years from now. If I have to slave away and work to fund my life, I will be miserable. I want to kill poverty out of my life so that the word doesn’t even come close to me.
How embarrassing would it be for me if I was the reason why I’m not rich so that I can give back to my parents. I would not just be heart-broken but also hate myself for not exploiting the opportunities given to me. Not looked for, GIVEN to me.
Get Motivated to Take Advantage of Everything
I got lucky getting to come to the United States because my Dad received a 5 year promotion to run an electronics manufacturing plant in Mexico. Living in a developed nation gives you an edge over living in an undeveloped nation and don’t ever waste the opportunity.
My parents sacrificed and not just sacrificed, risked everything for their children. Man, I remember my Dad coming home one day and saying that he got a Green Card for us. I was in the 5th grade, I didn’t care what a Green Card was. It was when I graduated college that I was finally told the significance of the Green Card. I was told that if the company that he worked for had found out that my brother and I had a Green Card, he would be fired on the spot.
It may not sound like a big deal “he can bounce back and find another job” but finding another job in a completely new country speaking a completely different language isn’t as easy as it sounds. If his company had found out, we would be living worse lives (not different, worse) than we are living today. It brings me to tears just remembering everything that they’ve done for us.
I’m not ever going to waste this opportunity that’s been giving to me. It’s not about who’s going to let me, but who’s going to stop me. It’s the way that you should think. Think about what’s holding you back and really take the time to write it out. Then achieve it. No excuses. Period.
I mention in the post that the difference between success and non-success is you. You can also be the cause of your downfall by making excuses so eliminate all the things that aren’t making you richer.
It’s All About the Extra
Whenever I wanted to spend my birthday money, I 90% of the time resisted the urge to spend it. I understood that money gives you freedom and powerful to do anything that you want. Which is why I was so motivated to achieve a 5 figure net worth in college.
Yes it’s an extreme thing to go for, but I don’t care. I want to be extreme and not ordinary. Screw ordinary. I will take all of the criticism that I can get from people for being too extreme.
I share my story so that I could inspire you to get motivated and define your reasons for motivation. Everyone has a unique story to tell (7 billion people on the planet, no two is the same) and once you find it, never forget it. Your turning point propels you to the point where you want to go. Find it and never let it go.
Failure is Overrated
Jeff Bezos said that anytime that you do something even remotely interesting, people will criticize you. Other people will question why you’re not spending your paycheck, why you work so much, and a million other things. Ignore the noise and never forget your end goal.
Get motivated to never forget your end goal. I wrote down on a piece of paper one goal that I taped to my wall so I remind myself every day to not forget it. “Escape poverty, get rich.”
In the earlier example with my parents, I took that lesson with a grain of salt. Not everything IS expensive. Sure, it may have a high price tag, but price is what you pay and value is what you get. Some things are worth paying for, but it’s hard to find the things that are worth paying for. But it got me to err on the side of saving rather than err on the side of spending.
Making a mistake in the good side of decisions is far better than making the right choices in the bad side of decisions.
Don’t Waste Opportunities
Wasting opportunities just flat out sucks. Why waste anything that you’ve been handed to on a silver platter? Whatever your situation, you’ve been given opportunities. It can be basic like the opportunity to not go hungry or complex like a manager liking you and recommending you for a position without asking for it.
* Do a little more each day. We think about money adding up to huge amounts in the end but we don’t focus on decisions adding up to huge amounts in the end. A smart decision one day and building that with one more smart decision the next day adds up to genius decisions in the end.
* Allocate time to highest value generating activities. Juggling blogging, work, and social life taught me to only do activities that generate the most value. Hard work is great and it got me off the ground, but now I’m feeling the effects of finite time to spend throughout the week. I will be looking for ways to look for the degree of benefit, instead of the marginal benefit.
* Make choices that give you the highest probability of success. When you’re about to make a decision, think in percentage terms your probability of success. If the number is greater than 50%, then there’s no reason to worry about failure. Because over the long-term, it’s going to benefit you if you put your time into things that succeed more often than not. The failure doesn’t matter.
* Fail more than you succeed. I made countless failures in my life. More times than I want but it’s put me up to a few wins that more than compensated for my failures. It’s not about the quantity of failures that matter but the degree of failure. If the failure isn’t drastic, and the lesson you gained is worth more than what you lost, then it wasn’t a failure, it was a success.
I wake up every day wanting to be a better person than I was the day before. The slight improvement over a long period of time is all that I can hope for. What helped me get to where I am today is the motivation it took to make the choices that I did. It’s humiliating to know that I’m not at my optimal point because I couldn’t get motivated.
Readers, what was your turning point? What inspires you to get motivated? Please comment below!
My goal is to enable your success in personal finance so that you can realize the American dream. The first step is starting today!
Read more about me here.