From Failure To Success – How To Live Rich

Joining the ranks of the successful is not some elusive pipe dream. In Los Angeles County alone there are 268,136 millionaire households. According to a CNN article, “Millionaires on the rebound,” there are now 8.4 million homes in the U.S. which are worth at least $1 million. That’s an 8% increase last year! Despite our economic woes, many people are still making a lot of money.However, there is an abundance of people who have tried to reach out and follow their dreams, and only managed to fall flat. But in typical human fashion we tend to overlook the greater success stories of people who have went from failure to success and who learned to live rich. It’s synonymous with the old saying that many people can’t see the forest because of the trees. Because of this it’s no wonder people are afraid to keep trying. But it flies in the face of reason and it amounts to throwing in the towel on your dreams, aspirations and goals; even on your true capabilities.How many of you have a child who has played sports, of any kind at any age? Most of us, right? Imagine then that you’re watching your child play in a tennis match, for example, and after losing the match the child throws their racket and says they’re done! They’ve had it and they’re sick of losing! What would you do, how would you respond? Of course you know that it’s silly for them to feel that way and you would coach them into getting back and pushing on. How then is it possible that so many adults, knowing the types of things we just discussed, are themselves willing to give up after losing once or twice? It doesn’t make sense for a child and it doesn’t make sense for you.Now if your child was small and thin, and wanted to be a running back for the school football team, and kept getting knocked down and hurt by the children who were much bigger than he was, you might say to them that while they can be a good football player, they might just need to find a position that better suits their size and qualities. Again, the SAME advice holds true for us adults, doesn’t it? If one or two business ventures or opportunities didn’t work, it doesn’t mean that YOU suck or can’t make it, it just means that you probably didn’t find the right opportunity for you to succeed.Another analogy that I would like to use as it relates to children is homework. How many of us parents are always on our kids to finish their homework before they play outside or get on the Xbox? Or we tell them that they need to study more to bring that B up to an A? But we, as adults, have gotten somewhat lazy haven’t we? I know this is a generalization because obviously we have many, many successful people. But this addresses the ones who’ve tried and failed. In many of these cases, and based on the people I’ve talked to, many of them didn’t really put in all the elbow grease that they should have (or could have). They didn’t leave it all on the table, so to speak.Once again, we see an example of us “knowing” what is right, and what we “should” do, but all too often we don’t, and then when failure arrives we have a tendency to blame something or someone else. What successful people do is they don’t blame anyone, nor do they rely on anyone. They recognize their dream, believe in their capability, and then roll their sleeves up to make it happen.If you have tried and failed, or never even stepped out to try before, then you have to know that right now there is absolutely something out there that could bring you the success you dream of. I don’t know what it is, and you probably don’t either. It could be a product that you can make or sell, a service you can provide, or something. But it is out there, there’s no doubt in my mind. Millionaires have come from every conceivable corner of the market. According to Forbes.com, almost 2/3 of the world’s 946 billionaires made their fortunes from scratch, relying on grit and determination to build their wealth.The point of this article comes down to you and your confidence in yourself, and your belief in your ability to succeed. We’ll start with whether or not you “believe” that you can succeed, that you’re capable. In a New York Times article titled “The Millionaire Next Door: The Surprising Secrets of American’s Wealthy”, the author wrote that about 80% of millionaires are first generation affluent, meaning they made it themselves without an inheritance or trust.But here’s the important thing that I take from Stanley’s article- “Most people who become millionaires have confidence in their own abilities. They do not spend time worrying about whether or not their parents were wealthy. They do not believe that one must be born wealthy. Conversely, people of modest backgrounds who believe that only the wealthy produce millionaires are predetermined to remain non-affluent.” That’s powerful and blatantly true. If in the back of your mind you think that you need money to make money, how could you possibly overcome it without first coming into some money?And this philosophical belief among millionaires is not a new phenomenon. In The American Economy, Stanley Lebergott reviewed an 1892 study of the then 4,047 American millionaires. He reported that 84 percent of them were first generation affluent, not having inherited or received any seed money. It seems clear that these successful people share a common trait, a belief in themselves and their “ability” to work hard to bring their dreams to reality. And let’s not forget that many, many of the successful people we admire had themselves faced diversity and failure, but it was that fundamental belief that allowed them to push through, to not give up.Most of them tried and failed, more than once. Henry Ford is known the world over for his introduction of the assembly line and American-made cars, but he was far from an instant success; several of his early businesses failed and left him broke 5 times before he founded the successful Ford Motor Company. Thomas Edison was told by his teacher that he was too stupid to learn anything. Ever had someone not believe in, or not support you? So did they. Harrison Ford was by told Hollywood executives, after landing his first gig, that he simply didn’t have what it takes to be a star. Stephen King’s first book, Carrie, was rejected 30 times(!) before he finally threw it in the trash can. Were it not for his wife digging it out and forcing him to believe in his own abilities, we may never have known this genius.What is the commonality? Hard work, dedication, and an undying belief in their own self worth, in their ability to achieve whatever they can dream. Getting knocked down was nothing more than another opportunity to stand up. Can you imagine the kind of perseverance it must have taken to go totally broke and lose it all 5 times, yet still keep pushing with nothing more than will and faith? That, my friends, is what it takes to succeed despite obstacles. Anyone can succeed to a degree with aid and no obstacles to speak of, but for most of us that isn’t reality. So anyone who embarks on a journey to make their dreams become a reality must accept at the onset that hardship is bound to come, that success won’t be quick or easy. But keeping your dream in sight, you’ll easily see that the reward is well worth the fight, and not just in terms of monetary value, but also in terms of personal enrichment that comes with earning your way to something great.Lastly, let’s discuss this issue of self confidence. I have a graduate degree in psychology and this is an area that interests me because I think it’s the single most important determinant in a person’s success or failure, and because it’s arguably the easiest area for a person to improve in. Self confidence boils down to a person’s valuation of themselves. For one reason or another people lacking in self confidence have a low perception of their worth, or more specifically in the case of our discussion here, their capability. And yes, it does tie directly into a person’s belief in their ability to succeed, but a person with low self-confidence might have an internal belief in a business they want to undertake, but not the self-confidence to put it into practice. The former, a belief in one’s ability, has more to do with the ability to dream and think a project through, even envisioning their success. But the latter, low self confidence, is like a road block along the journey their mind has planned out. If they could just break past that road block they could surely make it.A person with low self-confidence has such a low chance at success because it’s self confidence that let’s us take the next step. Look at it like this. The belief one has in their ability to succeed is like a boxer in the ring. He knows if he gets in the ring he will win the bout because he’s tougher and has more skill; he believes in his ability. But if he has a low level of self-confidence then perhaps the boxer won’t even get into the ring even if he KNOWS he could win (maybe for fear people are watching him or for an unfounded “what if” fear of failure, whatever). Very few of the self-made millionaires would be classified as having low self confidence.What can you do about it? It starts by asking yourself why someone else has a greater worth than you. What makes them so special, and what is it that makes you think you’re not? Obviously it’s some life experience or a series of experiences that have shaped your perception, but in the end you have to realize, as a first step, that it’s just that… a perception. Despite Andre Agassi’s commercial stating the contrary, perception is not everything when it comes to self-evaluation. And the reason is we’re so much harder on ourselves than others are. If you have a pimple, for example, you might think it’s bigger than a watermelon and dread leaving the house. To others, they barely notice it, if at all. Or you’re having a bad hair day or a had a bad haircut, and to you it is so noticeable. I can’t tell you how many times my wife didn’t even notice I had gotten a haircut!So we all, each of us, can do ourselves a favor by reminding ourselves that through it all, and in most cases, no one is grading us as roughly as we are ourselves. If you want to pitch a business idea but are thinking that you’re out of your league and so are afraid to make the approach, remind yourself of how many successful people started out as unknowns and often penniless, and this is where your belief in your ability comes in to play. You KNOW that given the chance you can make this happen. So it’s a matter of overcoming your fear. The first step is much harder than the next, so give yourself the credit you deserve and take the plunge; you’ll never look back.Finally, I want to share with you what is perhaps the most inspiring story and video of all times. It’s about Nick Vujicic, who was born without legs or arms. When he was about 8 years old he had thoughts of suicide because he felt he had no worth, nor any capability to do anything. Now Nick travels the world and is one of the greatest inspirations to so many people. Can you imagine the impact he is able to have, the value Nick has to mankind? He was dealt a rough hand, and despite his early response to his predicament he overcame and realized that he is important to world and that he can do so many things. Maybe not the things others can do, but his impact on the world is much greater than you or I will probably ever achieve. The point is that YOU can have such an impact in whatever area of life it is you dream about, if you’ll only get out of your own way and let it happen.Here’s a link to a short video of Nick, and another to his website. It’s worth everyone’s time to see this amazing story for yourself, you won’t finish it untouched, I promise.YouTube video: http://youtu.be/wOlTdkYXuzENick Vujicic’s website, if you want to know more about him after watching the video clip above.http://www.lifewithoutlimbs.org/