The 3 Biggest Road Blocks To Wealth Creation

## Overcoming the Roadblocks to Wealth Creation: A Guide to Financial Success In today's world, creating wealth seems more accessible than ever, yet many people find it daunting. The primary reason for this disparity is not the lack of opportunities, but rather the internal and external roadblocks that hinder our progress. Here, we will delve into the three biggest obstacles to wealth creation and provide actionable insights to help you overcome them. ### Roadblock 1: The Unwillingness to Delay Gratification One of the most significant barriers to wealth creation is the inability or unwillingness to delay gratification. This means putting off short-term desires to achieve long-term goals. The story of Jacob and Esau from the Bible illustrates this point vividly. Jacob, who was willing to delay his gratification, ended up with the birthright, while Esau, who prioritized immediate pleasure, lost out on a valuable long-term benefit. #### How to Overcome It: - **Set Clear Goals**: Define what you want to achieve in the long term. Whether it's saving for a house, retirement, or starting a business, having clear goals helps you stay focused. - **Create a Budget**: Plan your finances to ensure you are saving and investing more than you are spending. Use financial planning software like Empower (formerly Personal Capital) or WealthTrace to help you budget and set savings goals[5]. - **Practice Discipline**: Make conscious decisions to say no to immediate luxuries and yes to long-term investments. For example, instead of buying an expensive car, invest that money in stocks or real estate. ### Roadblock 2: Failing to See Opportunities Another major obstacle is the inability to see opportunities due to being blinded by obstacles. Many people view challenges as insurmountable barriers rather than stepping stones to success. This mindset prevents them from taking the necessary steps to achieve their goals. #### How to Overcome It: - **Change Your Perspective**: Train your mind to see challenges as opportunities for growth. When an opportunity arises, focus on the potential benefits rather than the immediate difficulties. - **Educate Yourself**: Financial literacy is crucial for making informed decisions. Learn about different investment options, such as stocks, ETFs, and dividend stocks, to make better choices[3]. - **Seek Mentorship**: Surround yourself with people who have successfully navigated similar challenges. Their insights can help you see opportunities that you might otherwise miss. ### Roadblock 3: Poor Negotiation Skills The inability to negotiate effectively can lead to accepting unfavorable terms and missing out on valuable opportunities. This often stems from being too emotionally invested in getting a "yes" at any cost. #### How to Overcome It: - **Separate Emotions from Decisions**: Ensure that your emotions do not dictate your actions. Make decisions based on what you know and see, rather than how you feel. - **Develop Negotiation Skills**: Practice negotiation in various aspects of your life. Learn to give and receive, and be willing to walk away if the terms are not favorable. - **Set Boundaries**: Be clear about what you are willing and not willing to accept. This clarity will help you negotiate better and avoid settling for less than what you deserve. ## Empowering Financial Literacy and Independence Financial literacy is the cornerstone of wealth creation. It empowers individuals to make informed decisions, navigate complex financial landscapes, and secure their financial well-being. Here are some key takeaways: - **Financial Literacy**: Understanding financial concepts such as cash flow, funding options, and financial management is essential for making smart financial decisions[2]. - **Use Financial Tools**: Utilize financial planning software to budget, set savings goals, and plan for major life events like retirement and college savings[5]. - **Invest Wisely**: Start investing in stocks, ETFs, or other investment vehicles that align with your risk tolerance and financial goals. Remember, investing involves risk, but it can also lead to significant wealth growth over time[3]. ## Conclusion Creating wealth is not an impossible feat; it requires overcoming specific roadblocks and adopting the right mindset. By delaying gratification, seeing opportunities beyond obstacles, and negotiating effectively, you can set yourself on the path to financial success. ### Key Takeaways: - **Delay Gratification**: Prioritize long-term goals over short-term desires. - **See Opportunities**: View challenges as stepping stones to success. - **Negotiate Effectively**: Make decisions based on what you know, not how you feel. ### Stay Informed and Engaged: Follow financial experts, use financial planning tools, and continuously educate yourself on personal finance to stay ahead in your wealth-building journey. --- #WealthCreation #FinancialLiteracy #DelayGratification #NegotiationSkills #Investing #FinancialIndependence #MoneyMindset #WealthBuildingTips #FinancialSuccess 

 Script: there's never been a time in human, history where it's easier to create, wealth than it is right now but it, doesn't feel like it and because it, doesn't feel like it people think it's, hard but it's not really that it's hard, it's just that it's hard for you and in, this video I'm going to show you why it, feels so hard to you I want to talk, about the three biggest roadblocks that, keep people from creating wealth and, when I'm talking about wealth I'm, talking about it could be Millions it, could be tens of millions it could be, hundreds of millions it could be, billions or Beyond the three biggest, roadblocks number one is the, unwillingness or inability to De to, delay, gratification what does delay, gratification mean delay gratification, means to put off something that you feel, like doing in the short term so that you, can put on doing something you'd rather, do in the long term and our inability to, delay gratification hinders our wealth, creation maybe more than any other thing, we're unwilling we're willing to work, for it but we're unwilling to wait for, what we're working for and I believe, that that that hinders people on levels, that they can't imagine because they, they the the when you have the ability, to delay gratification you say no when, you'd rather say yes and you say yes, when you'd rather say no and by the way, that's not only the secret to wealth, creation that's the secret to almost all, human accomplishment the willingness to, delay gratification, if you look at the story of Jacob and, Esau from a Biblical perspective instead, of from the perspective that you've, heard it your whole life Jacob stole, Esau's Birthright because that's not, what happened according to the scripture, go read it in your Bible Jacob never, stole Esau's, Birthright um the scripture says that, Esau sold his Birthright to Jacob and, when Jacob said he came to Jacob said he, said feed me I pray thee with that same, red pottage and Esau said I am at the, point to die what good shall this birth, do to me what prophet shall this, Birthright do to me he said sell me this, day thy Birthright and he sold unto, Jacob his Birthright the difference, between those two individuals is that, Jacob was willing to delay his, gratification Esau was not and we see, that even in the description of the boys, when they were growing up because the, scripture says about Jacob it says he, was a plain man dwelling in tents well, the word plain in the story in that, story in Genesis is only translated, plain in that verse in other places, where it's translated in scripture and, it's translated into the word perfect or, upright where the scripture says Mark, the upright man same word that was used, as plain for Jacob when it says job was, a perfect man that's the exact same word, that God used to describe Jacob in the, story of Jacob and Esau but a lot of, people don't know that because they, don't do word studies so they don't know, that Jacob and when it says he was, dwelling in tents that's a picture of, him realizing that he's a Sojourner and, a pilgrim on the earth and so but Esau, was the scripture says he was a hunter a, man of the, field huh that's interesting because, when you look at Hunter the only other, person the Bible called a hunter was who, Nimrod right who built who put himself, before the Lord and he's the one who was, the king of Babel right and so he was a, hunter and then it says he was a man of, the field well we know that the field is, always used as a type of the, world so Jacob was a man who was a a, pilgrim he was a righteous man Esau was, a wild daring thrill seeking man of the, world and we see this again over in the, book of Hebrews chapter over in the book, of Hebrews I think it's chapter 13 where, in verse six is six and seven it says, lest there be any profane person as Esau, who for one morsel of meat sold his, Birthright right any and lest there be, any fornicator or profane person as Esau, that's what the scripture calls him a, fornicator and a profane person as Esau, who for one morsel of meat sold his, Birthright who would afterwards would, have repented so he could have received, the blessing but he did there but he, found no place of repentance oh okay so, Esau was a person who sacrificed the, long term on the altar of the short term, but but Jacob who had some short-term, food right there he said I'll give up, this short-term food for the Eternal, birth right and so what we have to be, willing to do if we're going to create, wealth we have to be willing to say no, to some purchases that we'd rather say, yes to we have to say be willing to say, no to some luxuries that we'd rather say, yes to we have to be willing to say no, to some fun times and some vacations, that we'd rather say yes to so that we, can instead of taking that money and, immediately turning it into some stuff, that becomes worth less overtime we take, that money and invest it in something, that becomes worth more over time and, the ability to delay gratification is, one of the master keys to wealth when I, see people who are perpetually, struggling struggling financially one of, the things I see is somebody who does, not have the ability to delay, gratification so that's one roadblock if, you can't delay gratification you'll, never be broke because you'll spend it, as soon as you get you what Jim Ron, calls you'll spend every dime out of, every, dollar okay number, two you do not have the ability to see, opportunities with your, mind you see them with your eyes but, your mind doesn't see them as, opportunities your mind sees, opportunities as obstacles and so, because your mind sees opportunities as, obstacles when an opportunity presents, itself you always say no because it, looks like an obstacle isn't that, fascinating that that is very similar to, very much akin to the unwillingness to, delay gratification my unwillingness to, go go through a little bit of pain right, now to get to a great opportunity on the, other side of this little bit of pain, right now it's why people don't work out, it's why people don't eat right it's why, people don't invest it's why people, don't build businesses it's why people, don't develop skills why, because saying yes right now the feeling, of yes right now feels so good that I am, unwilling to say no and I can't see an, opportunity because all I see is the, obstacles that are around the, opportunity maybe the reason God or, ordained that obstacles surround every, opportunity is so only the people who, were worthy would take advantage of them, think about it we've all heard the, saying before if it were easy everybody, would do it but it's not easy so almost, nobody does and I'm not just talking, about creating wealth I'm talking about, creating wealth I'm talking about having, a great marriage I'm talking about I'm, talking about raising responsible, children who turn into responsible, adults I'm talking about being in good, shape I'm talking about like all of the, good stuff in life is on the other, side of an obstacle because disruption, always follows, intention I don't I'm can I keep it real, with y'all I don't like working, out but I like it better than laying up, in the hospital with tubes hanging out, of me I don't like it I do not like, working I don't like working out my wife, loves exercise I don't hate it but I get, as close to hating it as you can get, without crossing over the line I don't, like it but I make myself move because I, know if I don't I am going to become, worse and worse and worse and worse over, time I'm if I am not intentionally, elevating I am going to unintentionally, deteriorate and so my if I if I go, through life with an unwilling with an, unwilling to say no and here's what's, really here's what's really, interesting if you have the ability to, delay gratification people who don't, have the ability to or the willingness, to delay gratification they will come to, you and they will desire for you to fix, the problem they created because of, their lack of willingness or ability to, delay gratification they see you as a, short-term fix to their long-term, problem and you think become and, sometimes you love them and so you think, you're helping them but you're actually, hindering them from becoming a mature, adult see um interestingly enough um, back in the uh days when they created, the uh government indoctrination camps, the um the child prisons the school, system whatever you want to call it back, when they invented this concept and, these these people these business Moguls, donated so much money uh Rockefeller and, Carnegie donated all this money to, schools and colleges and, universities was because they needed to, manufacture things for their products, that they were going to create they they, needed to manufacture as Bishop talked, about on our recent video they need to, manufacture employees for their, factories but they also needed to, manufacture consumers of their, goods and they, realized that there are two categories, of people by by the way the whole, concept of a teenager is a concept, that's relatively new in world history, an adolescent That's A New, Concept before they created the concept, of adolescence and teenager and like, the you get to be this irresponsible, person for about 15 years before they, created that, concept, right you would go to school through, about the eth grade you're 12 or 13, years old you'd graduate and then you go, work in the family business or you go, become an apprentice for, somebody you would go from being a child, to being an adult there wasn't this, Middle Ground where you could just I'm, just just figure myself, out where you could just where you could, just resist becoming an adult who has to, delay your gratification well they, manufactured all of those things at the, same time because they knew there are, two categories of people that you can, count on, perpetually wasting everything they have, and buying more than they could ever use, children and, addicts so they figured if they could, manufacture things that would get people, addicted and they could create a system, that would perpetually, childhood even into adulthood they could, have an army of people who would buy, their stuff for decades for generations, and that's exactly what's, happened and that's why there's so much, emphasis in our world today and in, America today about parents playing with, their children and you're a bad parent, if you don't play with your children and, we don't even realize the whole, programming well you graduated you got, to go to college you're 18 you got to, get out of my house all of that is, designed, to keep people stuck like Chuck in a, pickup truck in a system that was not, designed for their best, interest and so the inability to see an, opportunity because of the obstacles you, can't see past the obstacles the, inability to delay gratification and the, unwillingness or lack of ability to, negotiate for the terms that you, desire your desire for getting yes are, so great you'll accept it at any cost, and you have to get to the place in your, life and in your business where you are, not so emotionally attached to yes that, you'll take it at any, cost sometimes you just have to say, no sometimes you just have to say this, ain't that we ain't doing it we ain't, doing that I have $55,000 coaching, program people want to do one-on-one, calls with me we don't do one-on-one one, calls in that, program we just don't do them it's not, like we don't do them that much we just, don't do them it is not a one-on-one, call program we do a coaching call every, other, Monday guess what the people who cannot, delay, gratification sometimes they don't show, up on the call and then they want to do, one-on one call with me you wasn't even, on the call when I already answered that, question are yall tracking see what we, have to do is we have to like we have to, be willing to negotiate for what we, desire every and if you're unwilling to, negotiate you are going to get what you, get and you're going to pay more for it, than it costs because that's how life, works but in negotiation you have to be, willing to give some you have to be, willing to receive some you have to be, and and when I say you have to be, willing to give some you have to have, something to give but they desire if, they've got something to give that you, desire and those three things right, there not de veloping those, skills is is detrimental to your, financial future in ways that you will, not be able to imagine until they, manifest, themselves one of the reasons people, can't negotiate is because they're too, emotionally, invested you want to win in, life force your emotions to follow your, mind don't allow your mind to follow, your emotions, because emotions emotions emotions are, the driving, factor of, actions and because emotions are the, fuel they're the jet fuel of Our Lives, we have to make sure that we're hyper, intentional about guiding and directing, and leading how we feel about things so, that yes I'm acting based on how I feel, but how I feel is based on what I know, and see what happens is people, believe that the things they think are, true instead, of believing the, truth they believe the things they think, are true are true it's not the same, thing so when I yield to the truth I get, the benefit of that truth in my life but, when I think something's true and it's, false I suffer the negative consequences, of that erroneous belief and so if you, learn how to delay, gratification and you just make yourself, do it I'm G to say no I came home last, night from picking my daughter up the I, had a training I did here then I went, picking my daughter up at the airport, then I came home home and everything was, in me that was in me was, saying get one of those little ice cream, bars it's not ice cream but it's it's, like coconut chocolate almond fudge it's, made from coconut milk like get one of, those ice cream, bars and I decided before I pulled in, the driveway I'm not going to do that, that's that's gonna be a hard no today, not doing that didn't work out yesterday, there's no Universe I'm ending my day on, an ice cream bar that's not happening, just made myself say no not even and I, didn't even know I was going to do this, video I just made myself say no because, that this ain't that you ain't in charge, taste buds ain't in charge it's going on, nothing going on up in here and so what, we have to do is we have to decide, number one we're going to delay, gratification number two we're going to, learn to look for opportunities and not, be afraid of the obstacle and the, obstacle oftentimes manifests itself as, risk not be afraid of the obstacle and, then we're going to be willing to, negotiate and get better at negotiating, if we will do those three things wealth, is almost, inevitable hope this video helps you and, we'll see you on the next video in the, meantime in between time stay blessed by, the best