Here's what sets financially successful people apart

Financial success is no longer solely about tough work; it also includes about your mindset. Scott Mautz, author of The Mentally Strong Leader, joined TheStreet to talk about how mental strength is the important thing to mastering your finances.

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CONWAY GITTENS: What is the mindset that sets financially successful people instead of financially unsuccessful people?

SCOTT MAUTZ: Yeah, it comes right right down to this, understanding that it is easy to become mentally stronger. On the core of it truly is mental strength. I am going back to the 6 core mental muscles again, the ability to be confident, to have great sense of resilience, to be bold when it truly is time to be bold, to remain focused on your goals, to make good decisions and to message positively to those around you, even in times of negativity and to remain positive, even at some stage in the face of negativity. I've seen it over and all at some stage in again. And interestingly enough, a learn about that I've conducted again and again, I've asked three,000 executives at a time thinking of one of probably probably the most best achieving organizations that you've got got you've got got you've got ever been component to that overcame the foremost obstacles to attain the specific financial success.

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What were the attributes of those leaders and folks organizations on the time. Each time I asked this query, just over ninety% of respondents, three,000 respondents at a time describe mentally strong leaders, people which is capable of be confident, which have folk. They stay focused on their goals. They make great decisions. They have great sense of boldness and fortitude, all in terms of their financial decisions for the organization. So I as it'll be do trust that mental strength is the self leadership superpower of our times, that it truly is the next EQ, it truly is the next emotional intelligence because EQ is purely component to it. It truly is the leadership, it truly is self leadership superpower of our times that allow you deal with yourself internally so you can lead yourself better externally, whether it truly is financially and even personally at work and in life.