Its OK to Fail, Trump Said So

Its OK To Fail

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Well before I get to into my post let me clarify what I mean by its O K to fail. I have read a lot of books on successful individuals like Donald Trump, Robert Kiyosaki, and other notable leaders. The one thing I find on a consistent basis is that most have had a serious failure or two in there past. When I talk about what Donald Trump said in one of his books or his hit TV show everyone agrees and nods there head, when it comes to the success he has had, but when it comes to failure, like the 1Billion dollars he was personally on the hook for in the late 80’s to the early 90’s, most say they would not be able to deal with it. Mr. Trump made a saying famous in the early 90’s, If I can Survive until 95 I’ll be OK. Remember without risk there is no grand reward that can be achieved. Be careful, calculate your risk, Donald failed not because he was not well prepared; he failed due to the market taking a drastic change during this period. It is well documented about the failures of Mr. Rich Dad/Poor Dad fame, he had if I am not mistaken 3-4 failed businesses, I recently watched (High Net Worth on CNBC at 11:00 PM on Sundays) and they conservatively estimate he is worth between 50-75 Million and growing. I am not certain but I do not think his past failures hurt him too much.

For all aspiring Entrepreneurs, High Net Worth is a must see for Future Millionaires, it amazes me the amount of money that can be made or has been made by ordinary people like you and me. For every great deal these guys have had they can probably tell you about 2 that went south. Not because they are not very good at what they do, it is just the nature of business and success. You literally fail your way to success. Think back to your earliest memories of things you tried, riding a bike, playing sports, certain parts of School, you probably made mistakes, but you did not get down on yourself and say, since I did not keep my balance the first time I rode my bike, or didn't catch the ball that my dad threw me I going to give up. In most cases you figure out what you did not do the previous time and then you try something different and in no time at all you, you are riding a bike, catching the ball every time your dad throws it to you. This may be a little to simplistic of an example but it gets the point across I am trying to make.

Failing is OK if you learn from it, its insanity if you do not. That’s the difference between those who succeed beyond most of our wildest dreams, and those who never go anywhere, what’s the biggest difference. In most cases, it’s not because you have not thought it out, done your research, it is getting over your fear of failure or immediate gratification. Success takes time, figure out what it is that you want to do, plan it out, then take action, remember throughout the process you may fail initially, analyze that failure and try to make sure you do not make the same mistake again. In Closing, I would appreciate if anyone that reads this post to pass it to a friend, and also go to my blog and post comments good or bad, and maybe give some interesting titles you would like for me to comment about.


See You at the Top/ Failures Not an Option


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