WEALTH
3 Mistakes That Are Keeping You Poor
By Nishkarsh Sharma
You keep thinking about how to get rich. You read books. Watch videos. Listen to podcasts. Scroll through reels. You have tried a lot of things. You keep hustling. But you still cannot reach where you want to be.
Now ask yourself one honest question. You are trying to do all the right things. So why are you still not rich?
It is not because you do not know what to do. It is because you do not know what to stop doing. And in this post, I am going to tell you three things that if you actually stop doing, you will become rich. It is inevitable.
Mistake 1: Not believing it is possible
The biggest problem I see in people that keeps them poor is this: they do not believe they can actually become rich in the first place.
People carry self-limiting thoughts. They tell themselves things like: money does not grow on trees. That person is rich because their father was rich. That person went to a better college. That person looks better, speaks better, is smarter, entered the market at the right time, was willing to sacrifice things I was not willing to sacrifice.
People give themselves reasons for why they cannot become rich. And right there, the game is over.
Remember this. People think success comes from external things. But that is not true. Success comes from internal things. If you have not convinced yourself that something is possible, it will never happen for you. You need to replace those self-limiting thoughts with clarity on why it is possible and how it is possible. Because you really need to be convinced about it before you can even do it.
They say you need to see something inside before it shows up outside. Self-belief is everything.
I was listening to a Diljit Dosanjh podcast the other day. He said something powerful: "If I close my eyes and see it here, then consider it done." Simple meaning. If you believe it is possible and it can happen, then it will happen. You will push yourself to make it happen.
Let me give you an example. A few days ago, I posted on LinkedIn about a time when I was struggling and then shared that our e-commerce dropshipping business made 6 lakh in profit in a single day. Other e-commerce people in the comments started saying: this is not possible, this is fake, this is a scam.
And I was thinking, 6 lakh a day is nothing. There are people making crores in profit per day. You just do not know about them. But because people see someone in their own industry doing better than them, jealousy kicks in. And through jealousy and hatred, they refuse to believe. And because they refuse to believe, they never achieve it themselves.
Here is another example. A college friend of mine saw our student success story interview where a student talked about doing 2 crore in monthly revenue. This friend started going off: this is not possible, this is a scam, show me his ITR, show me his website, connect me to him. Why? If you want to believe it, believe it. If you do not, then do not. The person who believes will make it possible. The person who does not believe never will.
Here is the common thread between all these people. They are all struggling in their own lives. They keep giving themselves reasons why something is not possible. They cannot achieve anything. And then to validate their own failure, they tell themselves that if someone else is achieving it, that person must be lying.
Fine. He is lying. What good is that doing for you? Are you growing from it? No.
And then there is a completely different category of people. People who believe. People who stay positive. When they see someone doing well, they say: if it is possible for him, it is possible for me too. Let me figure out how.
Throughout my journey, my first profitable business was an animation video agency. I went on Fiverr, saw people like me making money, studied their case studies, believed it was possible for me too, and went for it. Result: we became one of the top sellers on Fiverr.
After that, I discovered dropshipping. Saw people crushing it in groups, found a mentor, trusted him, took his mentorship. In the first two months, we crossed 90 lakh in sales. Because I believed. If I had thought "this is all garbage, this is a scam, if he is so good at e-commerce why is he selling mentorship," we would not be sitting at 60 crore in e-commerce revenue today.
After that, we thought about launching a shirts brand. Everyone sells shirts. There are huge competitors. But I thought: they are selling, so we can sell too. We launched. Today it is a multi-million dollar brand.
Same with education. People said nobody in India will pay to learn how to build a business. But I saw people doing it internationally, saw people doing it in India. I said: if they can do it, I can do it. And I went for it.
If you ask me why I have been able to do well across different businesses, the simple reason is this: I had access to people who were already crushing it. When I was building the animation agency, I had access to Fiverr sellers who were already doing well. When I entered e-commerce, I had access to my mentor. When I entered education, I had multiple mentors. When I launched the brand, I had multiple mentors who had already done what I wanted to do.
Because of that access, I believed. And of course, discipline, patience, persistence, and hard work were all necessary. But everything started with access to people and the belief that followed.
Change your thinking. You first need to start believing that it is possible. Because until you believe it here, it will never manifest in reality.
Mistake 2: Not being self-aware
Everyone knows what is happening around them. Everyone has a telescope pointed outward. This person's life is going through this, that person's business lost this much, this person got broken up with, this person fired employees.
Great. What is going on in your life? What is happening with you?
I will tell you something. The most successful people in the world are the most self-aware people in the world.
What do I mean by self-awareness? I am not telling you to become a monk. Self-awareness simply means knowing yourself. Knowing what you want. What do you want from life? You want to make money? Fine, how much? 10 crore? Very good. Why do you want to make that much?
Most people cannot answer this question with any depth. They want a car. Which car? Why that car? Where will you park it? Why do you need it? When you go deep enough into the "why," most people run out of answers. That means they are not clear about what they actually want.
Here is the thing. Every person who is crushing it today has a deep backstory. They are not some random person who just woke up and became successful. Go read their story. They figured out what they wanted, clarified their reasons, and then everything else fell into place.
Before you even make something happen, you need to first see it clearly. What will your life look like if you achieve this? How will different areas of your life change? Most people never do this exercise.
I will share my own "why" with you. Growing up, I saw constant financial struggle in my family. Nobody told me we were struggling. I felt it. For years. So it was clear to me: when I grow up, I will take responsibility for my family. I will study well. At that time, my reason was to get a good job, become a CEO. Whatever it was, the reason to work hard was clear.
Later, it evolved. I want to stay close to my family, so I need to build a business. A job will not give me that kind of money. We have been renting our entire lives, so I need to buy my own house. I want to be financially free. This is what keeps me going.
Your reasons need to be crystal clear. Not reasons you picked up from a book. Reasons that if I asked you a year from now, your answer would be the same. Reasons that do not change. And those reasons will be unique to you. Nobody else can give them to you. You have to find them yourself.
I was reading about the founder of Wondersoft, a company that does 150 to 200 million dollars a year. In an interview, he said: the reason I do what I do is because the day I die, I want to leave a better world for my daughter. So strong. Nobody told him that. He felt it.
Then there is Naval Ravikant. Highly recommend reading his book. He talks about how after a certain point in life, you need a reason bigger than yourself. It could be your children, it could be God, it could be anything. But you need clarity on why you are doing what you are doing and who you are doing it for.
For some people it is charity, like Ratan Tata, making the world a better place. For some people it is as simple as: I want to retire my father. I want to give my parents a home where they never have to bow down in front of anyone again.
This is different for every person. But you need to know your reason clearly. You need to be self-aware. If you are not questioning yourself, start now. Shift your focus from the outside world to the inside.
Mistake 3: Not taking enough action
Most people spend their time consuming content. Books, videos, podcasts, reels. They become walking encyclopedias of business knowledge. Ask them how to make a crore and they will give you a full lecture. But ask them if they have actually made a crore. The answer is no.
Do you know why this happens? When you consume so much content, you get a dopamine hit. It is what I call mental masturbation. It feels great because you feel like you know everything. You tell yourself you will do it eventually. But when it is time to actually do the work, nothing happens.
You need to start acting more than consuming. Create. By create I mean: do actual work. Build something real. Start a business, offer a service, create a product, start dropshipping, become a freelancer. Whatever it is, do it. If you work 10 hours a day, spend maximum 2 hours learning and consuming. The other 8 hours should be real work that moves the needle. Hit the accelerator. You cannot just keep switching gears without pressing the pedal and expect the car to move.
But most people do not do this. Two reasons.
First, no patience. People will work for one day and then say: sir, this thing is not working. Businesses are not built in two days. It takes months, sometimes years. I have seen people in our programs making 10 to 12 lakh profit within two months. I have seen people reach 2 crore a month in six months. I have seen people make 4 to 5 lakh profit in their very first month. But some people cannot even stay patient for five or six days before quitting. Nobody is going to hand you success on a silver plate. You have to put in the work and wait.
Second, people never stick to one thing. The grass always looks greener on the other side. They see different opportunities and jump from one thing to the next. Four businesses, ten things at once. It does not work like that.
Every person who has made it big built one thing first. Then they diversified. Find me one person who started multiple things simultaneously and crushed all of them from day one. It does not happen. You pick one thing, go deep, build a base, develop skills, and then use those skills to scale. That is how businesses are built.
Give any business at least six months. And before those six months, make sure you have the clarity that this is the business you want to build. People make the mistake of seeing results and jumping in without asking themselves: what does doing this business actually look like every day? If I do e-commerce, I need to do product research, run ads, handle customer support. Can I see myself doing that every day? If not, do not get into it.
When you do commit, commit fully. Take it on your ego that you will crush this thing or you will not do it at all.
Let me share something real. When I started my dropshipping business, we crossed a million dollars in the first year. Everything was going great. Then ad accounts started getting banned. I thought the business model itself was broken. I was going crazy. My belief was shaken. I was about to give up.
But then I found mentors who were still crushing it. I thought: if they are doing well, they know something I do not. I talked to them, paid for their time and advice, got solutions, and our business was back up and running. We actually scaled it further after that.
That day I realized something. We give ourselves excuses for not taking action because we are scared. We are afraid of what will happen if things do not work out. We do not want to be uncomfortable. We want to stay in our comfort zone. But success only comes when you step outside your comfort zone. Most people do not want to do that.
Live like a lion. Not like a goat that just follows the herd.
A lion walks alone. He knows his territory. He marks it with his paw and says: this is my place, come and try me. A lion is not the fastest animal. He does not have the most strength in the jungle. But he has the attitude: this is mine, and I will control what happens here.
That is how you need to start living. That is the only way you will crush it in business or in any area of life.
Three mistakes that keep people poor: not believing it is possible, not being self-aware, and not taking enough action. Fix all three and your life will change.
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