Be aware of what I like to call “toxic people.”
This can be difficult, because it often contains people who mean a lot to us, including family and friends. You can love them, but unless they are experts or Rich Idiots, never listen to any advice they give you. Toxics appear in several subcategories.
1. The group “I have good intentions”
These toxic people have no idea what they are talking about. Unfortunately, most people get some, if not all, of their wealth advice from the “I Mean Well” group. For example, your second cousin, who is the front desk clerk at a discount department store, loves to tell you that investing in the stock market will never work. What is your reasoning? Because he never did it himself. People are programmed to tell you that you will never do a certain thing because they themselves have never put that thing on.
Let me ask you this: Would you take your child to a foot surgeon for surgery? Of course not. Why? Hey! Because a foot surgeon knows about feet, not about eyes. Pay no attention to all those people in this category.
2. The group “Tried and failed”
The second type in the “Toxic” category includes that group of unhappy people who have tried to become Rich Idiots and failed. This is where most people get their next big wealth tip.
The “Tried and Failed” crowd often includes people who made poor decisions in real estate or the stock market or who started a business that crashed and burned. They now feel qualified to provide you with tons of advice on these investment vehicles. The moment you entrust your dreams of wealth to those people, they jump up and proceed to tell you their personal horror stories. Do not listen. In fact, run away as fast as you can.
3. The comfort zone group
The third group of Toxics is made up of the friends you hang out with because you feel comfortable in their company. These are the people you go to ball games with, drink beer with, share barbecues with, and work alongside. It could be old friends from school, favorite cousins, the guy who gave you a great deal on your car, or your next door neighbors. They live in the same kind of house as you, shop at the same stores, eat at the same restaurants, go to the same movies, and earn almost as much. The last one, who earns almost the same money, can kill your Rich Idiot foal. In fact, it’s the number one reason to stay away from his money advice. Do you want to stay where you are or get rich? Hear from the people who really made it!
4. The dream thieves.
We are products of our environment. We have to be careful with the influences that swirl around us. As you begin your journey to wealth, be careful to protect yourself from dream stealers, the negative people in your life. I have discovered them among my friends and family. You probably have people like that in your life right now. The moment you try to do something different (start a new business, invest in new stocks, do something or anything to improve your wealth), what do these spoilers say? – Nothing positive, certainly. Rather you miss saying warnings about an impending disaster.
Be careful. The more successful you are, the more the dreamthieves will try to hold you back. You may even lose good friends and loved ones in the process. But remember, they will find themselves left behind by their own fear and failure, not by their success.
5. The group “Oh, it’s me”
This exclusive group contains only one member: you. The last toxic person to watch out for is yourself. Go to the mirror and take a good look at yourself. Do you see? Do you see a toxic person, your worst enemy, that evil twin who always whispers in your ear that you are a failure? Or do you see a cheerleader?
The bottom line is that you must protect your vision and your path to success. Yes, you must get mentors and advice. But make sure you get it from people who actually have a track record of success. Don’t listen to the “could’ve should’s” around you.