Good morning! Today I have a guest post from Simon Cave. Simon is the founder of the Becomer which is a platform that gives you the information you need to become financially free. If you want to get out of the Rat Race that’s a damn good place to start. Like you he looks for reaching a situation in which he can do whatever he wants, whenever he wants with whoever he wants without worrying about money. He’s ready to help every one to accomplish the same goal you can follow him @simooncave. Let me know if you would like to guest post on RFI.

When people try to reach financial independence they tend to overlook strategies.

Strategy only represents 20% of your outcome while mindset is 80% part of your success.

The typical case is the one of the dreamer. A dreamer think of becoming financially independent one day so he buys a book about wealth creation strategies. He believes that he might get rich reading it. He then reads the first 50 pages and jump into the first investment he thinks of. As you might expect, that person will probably fail doing it. Maybe he had read the good strategies but as he was too eager, his poor mindset ruined his success.

Before going any further I want to be clear on what’s exactly a mindset.

Mindset definition:

A mindset is a mental attitude. It’s a set of habits you have that determine your actions and your way of thinking. It’s also your responses to certain situations.

Any mindset is developed by the human experiences and interpretations. That may be things you read, listened, experienced or things you discussed about. The education from your parents or the one you had at school, play also a big part in creating your mindset.

Why having a good mindset is more important than strategies?

People who have big strategies but a poor mindset can’t reach their goal.

Let’s say that one day you managed to reach Bill Gates(you can maybe contact him using this technique) and get his mentorship. You’re lucky he accepted to teach you his best wealth strategies. You could think that learning strategies from one of the wealthiest people will lead you to success without any doubt. Well it’s true if you have a good mindset but if you are not committed, impatient, lazy, doubtful…you won’t get any benefits from his strategies.

If you are impatient you will want everything overnight and when it won’t work, you will give up thinking that those strategies doesn’t work.

The same goes if you’re not committed. If you want to be financially independent you haveto be disciplined, to align your vision with your actions and to follow strategies on the long term. If you do it only for 1 or 2 months you won’t get any result.

You see it’s certainly much more important to learn to be patient (mindset) before learning anything else. Every single successful people you have in mind are patient.

Patience, persistence and perspiration make an unbeatable combination for success.

Napoleon Hill

For anything worth having one must pay the price, and the price is always work, patience, love, self-sacrifice (…) John Burroughs

Having the right mindset is exactly like having the best car. If you have a Ferrari but have no fuel you won’t go anywhere. So if you have the best strategies but no mindset (having a bad mindset is like having no mindset at all when we want to reach success) you won’t go anywhere too.

How can you build a good mindset to become financially independent?

You need to have the appropriate attitude.

The right attitude consists of several points that you need to embrace:

Know what you really want in life

A lot of people think they want to be rich or famous but once they get there they feel depressed and unsatisfied. You see it everyday on the newspaper when stars are caught being on drugs. I think that deep down they didn’t want to be famous they wanted something else. As a result of their frustration they try to escape reality with drugs. You might say that they got what they wanted but I would answer they didn’t get what they truly wanted.

So you better want to know what you truly want in life. Ask yourself the good questions. What do you want? Are you willing to do what it takes to get there?

Be open-minded

It’s crucial to welcome new ideas but most of all, to reconsider the things you have learned over the years.

Be patient

To learn to do it I recommend you the following article on Wikihow

Be committed

You need to learn to discipline yourself and to make sacrifices. When you take a decision or make plan you want to stick to it no matter what. I recommend you an excellent article on Pick the Brain to do it.

Focus& drive

If you’re going to be financially independent you want to focus entirely on your objectives. You want everyday to take action toward your goal.

Another important point is to program your mind subconsciously by picturing the result you want to achieve. That’s really important. I know a lot of people who have good strategies and a good mindset but keep failing in life. The only reason is that they didn’t program their subconscious mind to achieve their goal. If you want to know more about how to program your subconscious mind and get massive result I recommend you the following article

1 ultimate trick that will turn your dreams into reality

So now you know what mindset you need to have to reach financial independence. If you combine it with the good strategies no doubt that you will get tremendous results

What is YOUR mindset when it comes to your finances?

This post was featured on the Carnival of MoneyPros, Carnival of Retirement, The Heavy Purse, Yakezie Carnival, The Wealth Gospel, Carnival of Financial Planning, thank you!