This is one of my favorite passages of scripture. What I've often noticed, however, is that we focus on receiving the desires of our heart. But if we look closely at this passage we have to realize that delighting ourselves in the Lord comes first, centering in Him, delighting in Him as the source and the fulfillment of our desires, and then, also, receiving from Him after your life is centered on Him.
One constant pitfall we must watch for is taking credit for something that God does in or through us, or using the gifts and callings of God for self-exaltation. In that light it may be easier to handle poverty, weakness, or insignificance, than wealth, ability, power or authority, since poverty and frailty are not normally things we boast about, and they cause us to recognize our need for God. Prosperity, gifting, and anointing, on the other hand can be powerful temptations, leading to pride, covetousness, and self-sufficiency.
According to ancient Jewish legend, one day Abraham was shown his father, Terah's room of many idols. Young Abraham, thinking that perhaps he could discover intimacy with them, made some desirable delicacies and placed them before the idols. When nothing happened, he realized that these idols were nothing more than clay — they could do nothing for him or anyone else for that matter. So he proceeded to destroy all the idols, except for one.
If He was a man of the world, Yeshua (Jesus) would have chosen the elite of His day to accomplish His mission — however He used simple fishermen. These men were considered uneducated, lacking "social status", wealth or worldly distinction of any kind — yet these "simple" men were the ones the Lord selected to build the Kingdom of God.
Roger Babson, a famous statistician was having lunch with the President of Argentina, "Mr. Babson," the President said, "I have been wondering why it is that South America, with all its natural advantages, mines of iron, copper, coal and silver, rivers and great waterfalls is so far behind North America?" Babson replied, "Well, Mr. President, what do you think is the reason?" He answered, "..South America was founded by the Spanish who came in search of gold. North America was founded by the Pilgrims who went there in search of God."