Learn From The Smartest Millionaire Minds in Business

4 Obstacles to Achieving Financial Freedom

When it comes to achieving financial freedom, many people fail to realize that one of the keys to generating and keeping wealth is simply to take real action.

T. Harv Eker, author of Secrets of the Millionaire Mind, explains that our mindset and emotions can be huge obstacles in taking action and achieving success, yet they are often overlooked by people wishing to achieve higher levels of success and wealth in life.

Action is what bridges the gap between what you wish you could do, and what you actually CAN do. -T. Harv Eker

You are the creator of your life experiences and when you focus on what you can control, you save a ton of time and energy that would otherwise be wasted on complicated detours.

Harv asserts that you could think of it like this – if thoughts and emotions are part of your inner world, and results are part of your outer world, it would make sense to assume that action is the bridge between these two factors.

Even the richest people have fears and stress.

With that said, Harv mentions that success-driven people do not allow their mindset or emotions to prevent them from taking action because they've learned to be in the habit of taming fear and taking calculated action regardless.

The four biggest emotions and mindset blocks that stand in the way of taking action and succeeding with our financial goals, according to Harv, are as follows:

1- Discomfort

Your comfort zone is one of the biggest challenges to overcome, which is why it is so essential to act despite discomfort, says Harv.

The more comfort becomes a big factor in your life, the less you can deal with fear.

If you want to change your financial life for good, Harv asserts that you need to start being comfortable with feeling uncomfortable.

The very wealthy know that evolving and growing their comfort zone is key to success.

2- Doubt

Harv confirms that even the richest people have moments of doubt at some point or another.

The solution to acting despite your doubts, he says, is realizing that variety is another way to see uncertainty.

When you next feel doubtful, move forward rather than flee back to your comfort zone.

Go ahead and seek new opportunities and possibilities, suggests Harv.

3- Inconvenience

Let’s face it, being rich is not always going to be convenient.

It won’t always be easy either, Harv adds.

Changing your current financial status is actually very hard.

But Harv warns that if you only ever do what will be easy, you will never get past the middle of the road.

Life will always be hard…

If you’re willing to take the hard road, Harv says that life may just start becoming easy.

And his message is that if you make hard choices and get out of that comfort zone, you should start noticing a difference in your life.

4- Worry

Dealing with your finances can cause much worry, Harv knows because he’s been there.

We stress about having enough money, making more money, and losing money, and we also worry about taxes, investments, business ideas, and profits, he adds.

Learning how to deal with stress and act in spite of your worry is the only way that you will be able to master the “millionaire mind”, according to Harv.

After all, billionaires such as Elon Musk and Richard Branson never let worry hamper their success!

Now that you know some of the obstacles that could be blocking your path to success, what do you plan to do to turn them into opportunities?

Harv recommends that you take the first step to financial freedom by recognizing these obstacles and embracing a millionaire mindset to overcome them.

Do you have a Millionaire Mindset to help you overcome challenges on your road to achieving financial freedom and wealth?

Conclusion: The Choice Is Yours

You don’t have to move a muscle or do a thing unless you’d like for things to change in your life.

Achieving financial freedom is not a path everyone will take willingly, but those who do are glad that they did.

Remember, your money will only grow to the extent that you grow, which is why personal growth and self-mastery are essential for your finances to flourish and for you to stay successful.

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Frequently Asked Questions About Achieving Financial Freedom

Has your mind ever wondered...

How do you accomplish financial freedom?

By conquering these 4 mindset blocks - discomfort, doubt, inconvenience & worry - and taking deliberate action to transform habits of limitation into habits of abundance, you will nurture your process of self-mastery in a way that favors your financial freedom and position yourself adequately for wealth creation. 

What is the fastest way to achieve financial freedom?

Change your thoughts about, and thus your relationship with money and the role it plays in your life. 

If you can manage a small amount of money, you can manage a large amount of money because how you do anything is how you do everything. 

The key is responsible self-management.

What is the first step to financial freedom?

Understanding the difference between being financially free and financially rich is the first step towards achieving both.

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