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How Having a Strong Desire for Material Possessions Can Fuel Your Entrepreneurial Success Here's how a strong desire for material possessions can actually be a powerful tool for fueling entrepreneurial success.

By Roy Dekel Edited by Chelsea Brown

Opinions expressed by Entrepreneur contributors are their own.

As entrepreneurs, we are constantly striving for success and are driven by a desire to achieve our goals. But what if that drive for success extended to our desire for material possessions? Many people view materialism as a negative trait, but the truth is that having a strong desire for material possessions can actually be a powerful tool for fueling entrepreneurial success. Here's why:

Materialism is a powerful way to motivate you to accomplish your goals

Materialism can be a powerful motivator. A strong desire for material possessions is not only an important factor in whether or not you get rich, but it's also a critical element of your entrepreneurial success.

When you have a strong desire for material possessions, you're more likely to set goals and then achieve them. You are also more likely to stay motivated after you start working towards something specific.

Related: How to Find Inspiration Everywhere

Materialism helps you envision your future

In order to achieve your goals, you need to have a clear vision of what they are and how they will look when they're achieved. Materialism can help with both of these things by allowing you to imagine a future where you have more possessions than now. This imaginative exercise helps give substance to the concept of success and sets a goal for where you want your life to go in its current state.

If we don't envision what our lives could be like in five years, 10 years or 30 years from now — if we don't see the possibilities available — we fail ourselves right out of the gate when it comes time to make decisions that affect our futures (like choosing an education path).

Materialism encourages you to come up with unusual ideas

If you have a strong desire for material possessions, it may encourage you to think outside of the box and come up with new ways of doing things that are unconventional.

One way materialism can help entrepreneurs think outside the box is by encouraging them to take risks. Many entrepreneurs are driven by the desire for material possessions and are willing to take risks in order to achieve them. When an entrepreneur is focused on a material goal, they may be more willing to take a chance on an unconventional idea, even if it carries a high degree of uncertainty. This can help to foster a more entrepreneurial mindset and can lead to more innovative solutions.

Related: 5 Brain Hacks To Boost Your Motivation

Materialism keeps you motivated once you start working toward something specific

Entrepreneurs can benefit from being materialistic by having a tangible goal to strive for. For example, if your goal is to be able to afford a luxury car, you can use that as a motivator to work harder and smarter.

You might make a plan to increase your sales or find ways to cut costs in order to reach your goal. The specific nature of the goal will help you stay focused and make it easier to measure your progress.

When people get caught up in day-to-day tasks without having any sort of vision for their future careers or lives, they often lose sight of what truly motivates them and why they're doing these certain things in the first place. Materialism provides a strong foundation on top of which other motivational forces (like financial security) can be added for greater effect over time as well as helping individuals develop new ideas about how to best accomplish their dreams

Having a strong desire for material possessions can help you keep going for longer once you're pursuing your goal

The power of materialism can be helpful in many ways. If you have a strong desire for material possessions, this may help you visualize your future and further develop the ideas that will bring about your entrepreneurial success. Materialism also encourages people to work hard towards their goals and keep on going when they feel like giving up. In addition, once you start working towards something specific, having the motivation of wanting more possessions can keep you going when times get tough.

Related: 3 Keys to Entrepreneurial Success

It's important to remember that true success and happiness are not just about accumulating material wealth. Balancing material desires with other important aspects of life, such as relationships, personal growth and community involvement, is key to a fulfilling life. However, when channeled in the right way, the power of materialism can be a powerful force for driving entrepreneurial success.

So, consider embracing your love for material possessions, and let it fuel your drive to achieve success in your business!

Roy Dekel

Entrepreneur Leadership Network® Contributor

CEO of SetSchedule

Roy Dekel, an American-Israeli entrepreneur, investor, and philanthropist, co-founded and invested in numerous business, including SetSchedule, Rentastic, and Taskable. With unwavering commitment, he pushes tech innovation boundaries, redefining possibilities in enterprise and consumer spheres.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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