Why aren't we allowed to fail anymore?

» By MichaelMoneyMaker | the 02-05-2010 at 14:16 | 36 views (17 unique) | 0 comments | Report post!

We're going through the biggest financial event of our lifetimes - it would be insulting to you if I just ignored it! How would glossing over events help you create and protect wealth during this turbulent period? Surely
it's better to address things, try to make sense of them, and then see how we can work with them - or at
least around them... Just let me make this one point...

And it's this: we seem to live in a world where we're not allowed to fail anymore. Perpetual growth in the economy, in wages and in house prices makes everybody feel great - but if its all just an illusion, how is that really helping people? Surely it's just condemning them to a life of debt slavery... Politicians love to boast about economic growth. They have a vested interested in people feeling wealthy and spending money - even if they haven't really got it to spend. You see, if everyone thinks they're well off; if people think there's nothing to worry about, they're less likely to kick the government out and vote the other lot in. The thing is, failure is GOOD for us, occasionally... in life and in business. Failure makes us stronger. By failing from time to time, we discover more about the way things work... we learn how to identify real moneymaking opportunities... and approach life with a more
realistic set of expectations. When you fail, you inevitably come back stronger - like a broken arm that's allowed to heal in its own time. Failure is invigorating, healthy and life affirming. J.K. Rowling says that failure gave her the impetus to write the Harry Potter books. A while back she gave a talk on the key role failure had played in her life to a Harvard graduating class. I read a transcript in Readers Digest of all places and thought it was brilliant. She said:
--"It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all - in which case, you fail by default."
--"You will never truly know yourself, or the strength of your relationships, until both have been tested by adversity. Such knowledge is a true gift, for it is painfully won, and it has been worth more to me than any qualification I ever earned."
J.K. Rowling started off writing the Potter books in an Edinburgh café while living on welfare. She's now worth £560 million. That's "coming back stronger" for you.

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