Rich Dad’s Five Personal Traits to Focus on in the New Year

The power in changing yourself, not just your habits

It’s a new year, and all around us people are making resolutions. More than likely, you’ve made some yourself. According to Time, the most common resolutions revolve around three things:

  • Health
  • Money
  • Experiences

These are also the most commonly broken resolutions. That’s not a coincidence.

For most people, New Year’s resolutions focus on things to be done, external things we want to start or quit. Rarely, however, do they involve changing or transforming our fundamental personal traits.

And this is a shame, because it is our personal traits that most often lead to our actions, both wanted and unwanted.

For instance, if I have a problem with overeating, I must not simply make a promise to eat better—I must fix what it is about me that leads to overeating. I must develop new personal traits that will allow me to be successful in what I set out to do. Without doing that, I won’t have the stamina and strength to accomplish my exterior resolution.

Rich dad understood this. To him, there were five personal traits that were required to be successful in life and in business. They are:

  1. Vision

    The ability to see a better future. With any goal, you must be able to understand why you are going where you are going. It is not enough to say you want to quit smoking. You must understand the reason why, such as being around for your kids in old age.

  2. Courage

    The ability to act despite tremendous doubt. Anytime you change something or start something new, it can be scary. We all love the comfort and the security of the familiar. But it is only the courageous who can blaze new trails and make a positive impact on the world around them.

  3. Creativity

    The ability to think outside the box. As the old adage goes, “The definition of insanity is doing the same thing over and over again and expecting different results.” On this journey of life, as we seek to achieve our goals, we will often make mistakes. The question is, “What will you learn from them?” The most successful people on the planet are able to embrace the lessons from mistakes and use them to find new and unexplored ways of moving forward. That is the essence of creativity.

  4. Fortitude

    The ability to withstand criticism. There is not one successful person who has not been criticized. No matter what you set out to do in life, you will meet opposition. Sometimes this criticism comes from other people—and sometimes it comes from that little voice in our head! Either way, you must be able to push forward even when all else is telling you that you’ll fail. And when you do fail, you’ll be able to get up and get moving again. After all, “It’s not how many times you fall, it’s how many times you get up.”

  5. Patience

    The ability to delay gratification. It can be very difficult to learn to deny short-term, immediate self-gratification in favor of long-term reward. If you want to be healthy, you have to stop eating comfort foods. If you want to travel, you have to save for the trip. If you want to get rich, you have to work hard at building your financial intelligence and investments over time. There is no quick way. There are no short cuts. At least, not any that last. Achieving success in anything takes tremendous patience.

Don't wait any longer! Begin changing yourself today.

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