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“He who is not courageous enough to take risks will accomplish nothing in life.” – Muhammad Ali
If we ask any billionaire how he got where he is today and he will definitely coin the word, “Risks!” You cannot achieve success without stepping out. We stay average because we play it safe. Billionaires became wealthy because they stepped out and took a chance. We say, “What if we fail?” Billionaires say, “You fail if you don’t take a risk.”
Every billionaire has failed thousands of more times than you and me. Most billionaires have gone bankrupt at least one time, some multiple times. Most billionaires have had more than three businesses go under. They have lost millions of dollars in business ventures. Yet they are billionaires today. We, on the other hand, have never been bankrupt. We have never lost a business. And we have definitely never lost a million dollars. Yet we struggle each month to just pay the bills. What is the difference? RISKS!
“Do you want to know who you are? Don’t ask. Act! Action will delineate and define you.” -Thomas Jefferson
Life and Risks
Our life is full of risks. We face them every day. If you want to have any success in life, you have to be willing to try some things, take a few chances and step into areas that are new and often unfamiliar to you. Most people spend a lot of time talking, but not much time doing. The wealthy don’t think that way. They are willing to actually do something.
In all labor there is profit, But idle chatter leads only to poverty. (Proverbs 14:23)
You have to study and learn but you also have to work and apply what you learn for success to happen. If you just tell everybody that you want to be wealthy and you are going to do so many things, but you don’t follow through, it is just idle chatter and it leads nowhere. You may know someone who has been talking about the same great idea for the last ten to twenty years and they are convinced how much prosperity it will bring, but they continue to do the same things in life day after day. You catch up to them twenty years later and they have not changed one bit.
Person of Actions
Without actions, nothing moves in life. One of the principles that you have to commit to is becoming a person of action. But remember, the right action in the right direction is very important. The direction which leads you towards your goal is the right direction. It should not happen that you are taking action steps on the life ladder but the ladder is leaning on the wrong wall. So before climbing, first set the ladder on the right wall i.e. be clear with your goals.
“He who risks and fails can be forgiven. He who never risks and never fails is a failure in his whole being.” – Paul Tillich
In life, everything we do has a reward to it. But there is no reward without risk. You cannot go from crawling to walking without the risk of falling down. When a baby decides that he does not want to crawl for the rest of his life, he will keep getting up and falling down until he learns how to walk. He would not be rewarded with walking or running if he did not take that risk.
Faith in Yourself
While taking action, you must have faith in yourself and God. God wants you to get up and take some action so He can help you. His Word says that He will guide your steps but He cannot guide your steps if you are sitting on your behind. Step out and move a little and God can direct you and guide you into some business deals and investments that will gain great rewards.
In case of some intermittent failure in this journey, you have to pick yourself up. Failing at something does not make you a failure unless you stop trying. You need to step out, again and again, trusting God, who is your partner, until you succeed. The average businessman has to fail nine times before he gets that million-dollar business.
“If you take no risks, you will suffer no defeats. But if you take no risks, you win no victories.” -Richard M. Nixon
Success Magnet
You are a living magnet. You attract the people, the ideas, and the resources that go with your most dominant thoughts and expectations. Basically, whatever you really believe, your subconscious will work at bringing you the tools you need to produce it. Your expectations are bringing your life to you, just like a magnet. Whatever is in your subconscious mind, the most dominant thoughts, the expectations that you have, your mind will attract.
Your mind will attract, the finances you need, the ideas you need, and the people you need to fulfill your expectations. If you expect a bad day or a bad weekend with your family, your mind will bring everything you need to fulfill that order. But, if you change that and expect a great day or a great weekend, you get what you ordered. If you are full of fear about what the future holds, the future holds what you are afraid of. Fears are negative expectations. Your fears are attracting everything you need to produce what you fear in your life. You need to get rid of every such fear you have.
If you fear your business will go under, it will. But if you have a sense of confidence inside of you, you begin to attract the people and the ideas you need. This does not mean that your business is guaranteed to work, but it means that in the course of time, it seems like all of a sudden, you will have attracted the resources and the ideas you needed to catapult one of your businesses into success. It may be your first. It might be your seventh. But that confidence will bring success. (Excerpt is inspired from “Think Like a Billionaire, Become a Billionaire” by Scot Anderson).