A lot of people struggle financially, and they think to themselves that they can not become rich because they don’t have enough money. Or they don’t have enough capital. They don’t have the right idea or they’re not in the right industry. Or they don’t have the right connections.
That’s not what holds most people back. What holds most people back is this one thing which is ego. Maybe you think that you don’t have any ego. You’re just struggling financially and you don’t have money. That’s not true, because ego comes in many disguises.
1. The Blame Ego
The blame ego says it’s not my fault, it’s the government’s fault, it’s the economy, it’s the industry, it’s my co-workers, it’s my parents. I come from a dysfunctional family and that’s why I will never become rich. Or because my supervisor is holding me back and that’s why I could never become rich.
The blame ego always says it’s someone else’s fault, but remember when you’re pointing a finger to someone else, one finger is pointing out and three fingers pointing back.
2. The Fearful Ego
What holds a lot of people back is fear. Fear of success, fear of failure, fear of making a mistake. Before you do something, you’re saying to yourself “well what if it doesn’t work? Or what if I lose money? What if I can’t figure this out?”
Always remember fear is an acronym. It stands for false evidence appearing real. It’s nothing more than a made-up story in your own mind.
3. The Comfort Zone Ego
It says I’m comfortable. I’m happy where I am, I’m content. Things are fine, you know I don’t need to be ambitious.
Your income zone is your comfort zone. Your comfort zone is your income zone. When you get complacent and comfortable, you don’t grow. Remember when you’re not growing you are dying.
4. The Judgemental Ego
Imagine that you are walking down the street and suddenly you hear vroom-vroom! Suddenly you see a red Ferrari Just drove by. What’s the first thought that comes through your mind?
Maybe you would say to yourself “he’s so cocky, so selfish, probably a greedy bastard. Probably not his money any way it’s his daddies money.
All these negativities are just you judging other people. It’s all made up stories in your mind. You’re judging other people, you’re projecting your own insecurities, your own values onto other people.
How do you know that man is not a hard-working man? How do you know he’s not a good husband? How do you know he’s not a family man? How do you know he’s someone who’s worked 20 or 30 years to get to where he is at this point.
5. The Excuses Ego
You can make money, or you can make excuses. But you can not do both. An excuse is nothing more than a well-planned lie. The excuses ego says: “I can’t afford it. I don’t have money, or that’s too far, too difficult, and I don’t have enough experience.”
You could have a million excuses why you can not do something. You only need one good reason why you must do it.
6. The People Pleasing Ego
Well, I just wanna make sure everybody’s happy. Everybody’s okay, I know but I don’t wanna rock the boat. As long as everybody’s okay then I’m okay.
You try to please people too much. You always put other people first. Nothing wrong with that. But sometimes in life, you have to put yourself first. Even when your flying on an airplane, you got to put on your own oxygen mask first before you help someone else.
Sometimes in life, you have to put yourself first. You have to be a little bit selfish so you can be generous.
7. The Justification Ego
You justify why you don’t do something. You justify why you can’t do it. “You know I am too young, I am too old, I am an immigrant. I speak with an accent, I don’t have enough experience, it’s too late I’m married, I’ve got a husband, I’ve got a wife, I have kids. You know what I never wanted it anyway.”
That is a lie. You justify your failures. Don’t use your kids as an excuse. Use them as fuel, as your motivation why you must do something not why you can’t do something.
8. The Jealous Ego
Have you ever said stuff like this: Rich people are greedy, they are selfish, it’s not that big of a deal anyway. It’s jealousy. Don’t criticize what you have not done, or what you’re not capable to do.
9. The Fake Ego
Have you ever met someone that you don’t know them, but the minute you meet with them, they just have this weird kind of vibe that you don’t trust him or her? They feel very fake. They’re so superficial that you don’t make that connection, they’re not genuine.
Have you ever met someone that just the minute you meet with them you make that instant connection, and then there are that trust and bond. You feel this person is sincere.
The fake ego maybe is you. Maybe that you’re very good at putting on that mask. You’re very good that in one circumstance you can be a person, and in another scenario, you become a different person. Before you know it, you’ve done it for so many years, you don’t know who you are anymore. You don’t know which one is the real you. You’ve lost yourself.
Everyone else is taken, be yourself. I would rather people hate me for who I am than love me for who I am not. Don’t use the fake ego. You don’t need it to be successful
10. The Shy Ego
The shy ego says: “well, I’m just shy. I’m just an introvert, I’m not good with people. I don’t like to talk a lot.” You use that as an excuse to stay in your own bubble, you use that to stay in your own shell.
Believe it or not, I was a very shy person. I was an introvert. When I was going through high school I had no friends, I didn’t want to talk to people. I was so afraid. Even now sometimes when I go to meet a lot of people, I still have that little bit of awkwardness, it’s normal. But I don’t let that hold me back. I know that if I want to be more successful if I want to be rich I have to get outside of my comfort zone.
11. Other Peoples Opinions Ego
Do you worry a lot about what people think of you? Do you worry about how people perceive you? You want to do something but you worry what will people think of that. What will people think of your action, even deep down you know that’s the right thing to do. But you don’t do it because you have other peoples opinions ego.
You let other peoples opinions stop you from doing what you know is the right thing. Those people could be your family, relatives, friends, they could be your high school buddies.
Stop worrying about other peoples opinions. It’s just their opinions, it doesn’t matter, do what you know is right.
12. The Do It Yourself Ego
The do it yourself ego says this: “If you want something done you got to do it yourself. They will never do it as well as the way that I do it.
I don’t trust him, or I don’t trust her.” What you’re really saying is that you don’t trust other people. That’s a form of ego that holds you back. Because nothing great is accomplished just with one person. It requires other people, it requires teamwork.
The do it yourself ego, this is probably one of the most common egos that hold most people back.