|
|
|
|
|
|
|
|
|
|
|
Of all the real or perceived impediments to success, the biggest is the fear of failure. Certainly, there are often many other obstacles to overcome, but it is this one phantom that prevents most people from even attempting to create the success they imagine that they want.
And, in most cases, it is a mere phantom-the boogeyman that hides under the bed. Fear of failure is a creature of imagination and like most creatures of imagination, it disappears when looked at in the clear light of day.
The thousands of missed baskets made by Magic Johnson were not failures. They were successful attempts to train his mind and muscles to get those magic game-winning 3 pointers. If he allowed the fear of failure to get in his way, he'd never even have attempted those throws from center court. Many other players, even great pros, may never make those spectacular winning shots. The spectators who watched Magic play will, of course, never make them.
According to the study by former Treasury official, Bruce Bartlett, some 80 percent of millionaires acquire their wealth in a single generation without the benefit of inheritance. They are self-made millionaires. Two thirds of these self-made millionaires got wealthy because they started their own businesses.
It is obvious that your best shot at becoming a millionaire is by starting your own business. The biggest reason that the majority of people do not go into business for themselves is the fear that they will fail, despite the fact that it is almost guaranteed that they will fail if they do not start their own business. Guaranteed? Yes. The historical statistics prove it.
85% of people who do NOT own their own businesses are not financially independent at retirement age. Only 15% of people who choose the security of employment, rather than the risk of self-employment, are able to retire with any degree of financial independence and less than 5% end up wealthy.
So, as odd as it is, most people are afraid of starting their own business for fear of losing their security. The fear of failure actually produces the loss of security. In other words, that which you fear shall be your reward, unless you find the courage to face your fear and do the thing anyway.
And like Magic Johnson, don't let the fear of missing the shot prevent you from scoring the game winning basket. Or as Wayne Gretzky, who missed more than 90% of his shots on goal, once commented, "I miss 100% of the shots I don't take." In any game, if you do not take the shot, you cannot score the goal. Life is a game. Take a shot at winning.
You can pretty well be assured that if you don't get in the game of owning your own business, you will not create the financial success you imagine you want. The only way to conquer your fear of failure is to take the shot. The only way to score the goal is to take the shot. What are you waiting for?
© Leslie Fieger. All rights reserved worldwide.
Leslie is the author of The DELFIN Knowledge System Trilogy: The Initiation, The Journey and The Quest plus many more success publications. He also the co-author of The End of the World with Hugh Jeffries and Alexandra's DragonFire with his daughter Ashley. Subscribe to his free and ad-free eZine at http://www.ProsperityParadigm.com or http://www.LeslieFieger.com.
Reprinting and republishing of this article is granted only with the above credit included. Permission to reprint or republish does not waive any copyright.
Wind Chimes and more... Introduction:In a world where ideas drive economies, it is no... Read More Entrepreneurs and companies who are seeking venture capital often negotiate... Read More It's important to understand when to add individuals to your... Read More I just arrived back from the best seminar I have... Read More I sat watching a documentary on U.S. Navy SEAL Team... Read More I've seen terrible images today on the television and internet-bodies... Read More As more and more people start or consider starting their... Read More Leadership is based on two words, "pressure and support"and that... Read More According to the latest edition of Pool and Spa news;... Read More You should wait until you're older and have more business... Read More In my last article, "Follow That Guru", I told you... Read More Owning a detail shop can be an exciting and rewarding... Read More Every evening as the sun sets beyond the mangroves that... Read More If you want to grow your micro-business (defined as a... Read More Business plans continue to be an essential element of the... Read More Times are tough. The economy is in a constant state... Read More If you want to make big money, you have to... Read More It's not uncommon to reach your 30s, 40s or even... Read More Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship... Read More Many franchise companies fail to send the proper message to... Read More Starting your own private label clothing company is not as... Read More In discussing entrepreneurship and writing articles on the subject, I... Read More Q: I started my business about a year ago and... Read More Any success you have in life must begin with a... Read More Jim and Sally run a successful auto business, which they... Read More
Windchimes
for great gifts!
Entrepreneurship: What does it REALLY mean?
The Term Sheet?s Role in Raising Venture Capital
Preparing to Outsource
What Online Millionaires Tell Me They Are Worried About
A Secret To Extraordinary Accomplishments
Hurricane Katrina, Death, and a Different Type of Entrepreneurship
Four Steps to Entrepreneurship
Profile of Women Leaders
Cross Polination of Innovations in the Cleaning Industry
Use Your Youth To Your Advantage
Youve Found Your Guru, Now What?
Independent Auto Detail Shop VS Biz Op or Franchise
10 Tips for Would-be Entrepreneurs
How To Grow Your Micro-Business
Answering Why You, Why Now Critical in a Winning Business Plan
Why Most CEOs & Entrepreneurs Fail?
Work vs Play: Which is the Better Way to Make Big Money?
What Kind of Business Should I Start?
Creativity & Entrepreneurship: The Secret to Discovering Your Purpose in Life!©
Message to Prospective Franchisees for Franchisors
Key to Starting Your Own Clothing Company
What is Entrepreneurship?
If It Was Easy Everybody Would Do It
The Visionary Entrepreneur
Entrepreneurship Story; Over Regulation in Franchising Part I
Starting your own private label clothing company is not as... Read More
I would like to give some advice to all the... Read More
Hair care has been around as long as humans have... Read More
Successful business owners and managers need to be very clear... Read More
Every business has to start somewhere. What truly makes this... Read More
Entrepreneurship has been my passion for as long as I... Read More
Almost every day, I talk with people who want to... Read More
Frequently overlooked and hidden deep within our marketing tool box... Read More
In "The Incredible Hulk", mild-mannered scientist Bruce Banner discovered that... Read More
In discussing entrepreneurship and writing articles on the subject, I... Read More
Does anyone remember that book "Built to Last" done y... Read More
Cash is one of the most important resources to a... Read More
EMPATHY is a Natural Talent, you were born with it... Read More
You have this burning desire you want to be on... Read More
Forging partnerships to improve market penetration has become commonplace, particularly... Read More
Let me ask you a question? Imagine I would offer... Read More
Q. I was laid off six months ago. Jobs in... Read More
Most entrepreneurs constantly come up with new ideas. Whether they... Read More
According to the latest edition of Pool and Spa news;... Read More
Rohit Kochgaway was very upset with his boss for his... Read More
Running a business is not an easy endeavor, it takes... Read More
You have decided to strike it out on your own... Read More
Entrepreneurs are a special breed of high achievers. They create... Read More
I just arrived back from the best seminar I have... Read More
I've gotten several questions recently about the legalities of starting... Read More
Entrepreneur |