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Million Dollar Habits

Million Dollar Habits

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Published by: Wealth2010 on Nov 11, 2010
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05/03/2015

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There is a large block of work in psychology called “expectations theory.” The

conclusions they have reached are that people are motivated to act in a particular

way by what they expect to happen more than any other factor or influence. In

other words, you do the things you do because of the consequences you feel you

will experience as a result. Expectations Theory explains small things, like what

you do and say in a social situation, and large matters, such as capital movements

in the international financial markets.

As we discussed in Chapter One, you can actually manufacture your own

expectations. You can develop the habit of expecting good things to happen, no

matter how they may appear at the moment. Your expectations then influence your

attitudes and the way you treat other people. Your attitudes, expectations and

behaviors will then have an inordinate influence on the way things actually work

out. In effect, you can control much of your own future by expecting things to

happen in a positive way.

Unfortunately, negative expectations also become self-fulfilling prophecies. If you

expect something to turn out poorly, this will affect your attitude and behavior.

Your negative attitude then increases the likelihood that you will experience the

Million Dollar Habits – Page 53

negative consequences that you anticipated. If you repeat this often enough, you

will develop a negative and pessimistic attitude. This way of thinking will become

a habit.

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