Napoleon Hill explains why you aren't rich...
Gregory Alan Bolcer stashed this in Dangerous Decisions
Which one(s) speaks to you, Greg?
In addition to boiling down the "secret" to building wealth in 13 principles, he revealed 30 "major causes of failure" that hold many of us back from getting rich.
Here are 17 that are still relevant today.
Including my favorites below.
Cause of failure: Lack of decisiveness.
Make up your mind and stick with it.
"Analysis of several hundred people who had accumulated fortunes well beyond the million-dollar mark disclosed the fact that every one of them had the habit of reaching decisions promptly," Hill writes.
On the flip side, "People who fail to accumulate money, without exception, have the habit of reaching decisions, if at all, very slowly, and of changing these decisions quickly and often."
Decisiveness is not just a trait of the wealthy but one of the most important qualities a leader needs to possess. At the end of the day, making a bad decision is better than making no decision at all.
Cause of failure: Choosing the wrong spouse.
Hill highlights this as one of the most common causes of failure. "Unless this relationship is harmonious, failure is likely to follow," he writes. "Moreover, it will be a form of failure that is marked by misery and unhappiness, destroying all signs of ambition."
His claims are backed by research. One study, by Brittany C. Solomon and Joshua J. Jackson of Washington University in St. Louis, shows that having a conscientious spouse can boost your salary by $4,000 a year.
Cause of failure: Not taking care of your body.
Make time for exercise.
"No person may enjoy outstanding success without good health," Hill writes. It's no coincidence that many millionaires make time in their schedules to exercise.
If you haven't mastered your body, the good news is that many of the causes of bad health — overeating, negative thoughts, and lack of exercise — are completely under your control.
If you're pressed for time, try this seven-minute workout you can do at home.
Cause of failure: Lack of self-discipline.
"Discipline comes through self-control," Hill writes. "This means that one must control all negative qualities. Before you can control conditions, you must first control yourself ... If you do not conquer self, you will be conquered by self."
When it comes to getting rich, the most basic formula is: save more, spend less. It's a simple concept, but spending less requires discipline. Learn to recognize and manage overspending triggers if you want to start accumulating wealth.