Readers, here is Part 7 of Thirteen Part series - 12 Commandments for Achieving Super Wealth‏‏‏

 

12 Commandments for Achieving Super Wealth -

 Surprising Rules for Life From Ordinary People Who Made It Big

 

Continued from last issue....(click here to read last week)

Commandment No: 7

Failure Is Not Fatal

The only way to succeed is to have the courage to fail and to fail publicly, the rich concur. Big successes always entail taking big risks, and some of those risks are bound to turn out negatively. However, every wealthy person knows that failure is not fatal, so they are not afraid of it. Fear of failure, instead, is the greatest impediment to achieving your dreams.

"Hope that you fail and hope that you fail early," says Rubenstein. "Nobody has uninterrupted success . . . and those who have too charmed a life early in the first third of their life more likely than not will not be stars in the next third of life, or certainly the final third."

Since childhood, most of us have been brainwashed with the maxim, "If at first you don't succeed, try, try again." That childhood programming should be heeded, Jones says. Most of the people in his book have suffered multiple failures, simply because their willingness to take more risks increases the odds of failing. The difference between them and less successful people who fail is that RMITs are among the most resilient people on earth.

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Martin Wong

Trading Coach

Investmatic Management, SoHo, Ara Damansara, Selangor DE, Petaling Jaya 47301, Malaysia


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