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Many are times people have always have faith in on the Intelligence Quotient (IQ) to predict how fruitful one can be as an employee, investor, entrepreneur and even student. But this is changing due to a number of factors

Self-awareness

This relates to one’s ability to accurately perceive their own emotions as well as being conscious of them as they occur.How often have you passed out on a business opportunity because of your paralyzing fears, your feelings of inadequacy and lack of confidence?

Self-awareness will also help you replace negative emotions with ones more helpful to the journey towards financial success.

Self-regulation

Self-regulation is closely related to your self-awareness. You definitely cannot self-regulate if you are not self-aware. Self-regulation is the ability to monitor and control your behavior, emotions or thoughts and altering them in accordance with the demand of the situation.

The path towards financial success is not smooth all the time, there are speed bumps, hazards, and unpredictable twists and turns. When these challenges come, are you ready to change and adapt or will you throw in the towel?

Motivation

This is probably one of the most researched attributes when it comes to success. How is one able to keep themselves motivated enough to achieve their goals? Many theorists have alternative ideas on what motivates one towards their goals.

Regardless of what the scholars say, what’s more, important is what motivates you? What do you want? How bad do you want it? Why do you want it? How committed are you? What do these financial goals mean to you?

Empathy

Every financial transaction has some sort of interpersonal aspect to it. No financial transaction can be made without having some kind of personal interaction with another individual, and a lot of empathy is required for you to build a good relationship with others.

The basic principle of having a successful service or product is rooted in identifying needs. Having empathy helps you find these needs, whether it’s for a client, a business partner, an investor, or even a community, which in the end plays a huge role in you accomplishing your financial goals.