David J. Schwartz wrote a very popular book titled, “The Magic of Thinking Big”. Personal Property, Financial Security, Power and Influence, The Ideal Job, Satisfying Relationships; these are the span of topics that are covered within this book. One of my favorite topics within this book is in regards to “excusitis” – the disease of making excuses.
“Go deep into your study of people, and you’ll discover unsuccessful people suffer a mind-deadening thought disease. We call this disease excusitis. Every failure has this disease in its advanced form. And most “average” persons have at least a mild case of it.”
This portion of the book provides the 4 most common forms of excusitis. If you can relate to even one of these forms, I suggest that you correct the disease immediately, since it will most likely have a large negative impact on your finances and your relationships with others!
1) But my health isn’t good
Did you know that 3 out of every 4 hospital beds are occupied by people who have EII (Emotionally Induced Illness)? If we had more power over our minds and learned how to handle our emotions, the sickness rate in the world would decrease by 75%!
How to correct health excusitis
– Refuse to talk about your health.
– Refuse to worry about your health.
– Be genuinely grateful that your health is as good as it is.
– Remind yourself often, “It’s better to wear out than rust out.”
2) But you’ve got to have brains to succeed
I have personally heard dozens of stories of individuals who were not gifted in school and often struggled to graduate from one grade to the next, but today these individuals are millionaires. I have also met people that are brilliant, but today they are pizza delivery men. It’s not all about brain power, it’s about getting out there and taking action, having confidence in yourself, and sticking with your initial decisions.
How to cure intelligence excusitis
– Never underestimate your own intelligence and never over estimate the intelligence of others.
– Remind yourself several times daily, “My attitudes are more important than my intelligence.”
– Remember that the ability to think is of much greater value than the ability to memorize facts.
3) It’s no use, I’m too old (or too young)
I used this excuse once in my life. I didn’t admit it at the time, but I certainly had a hint of excusitis. I was fresh out of college and I had the opportunity to become a Financial Advisor. “I’m too young for this,” I thought. “Who in their right mind is going to trust a 22 year old with their retirement savings?” It just didn’t make any sense. But, I realize now that I missed out on a huge opportunity. Financial Advisors are now in high demand, and I would have been licensed and experienced.
You might think you are too old. Don’t use this excuse either. Everyone can learn new things, no matter how old they are. If you use this excuse, it will only cause you to miss out on great opportunities.
4) But my case is different; I attract bad luck
I hope you don’t believe in good luck or bad luck. If you hadn’t noticed, good things tend to happen to those that take action and work hard for what they earn.
Don’t stare into space and dream of being lucky. Rather, carefully map our your plans for success and actively pursue them every day!
If you can learn to avoid these areas of excusitis, you will exponentially improve your odds of success. So keep your thoughts on your goals and think positively about the future!
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.