Earlier this week we started a two-part series on the 31 Major Causes of Failure as identified by Napolean Hill in his classic book, Think and Grow Rich. This iconic book will prepare you for the success that you need in order to make 2014 your Best Year Ever! So pick up a copy of Napolean Hill’s Think and Grow Rich and heed these warnings on the major causes of failure so you can keep your practice ready for nothing but success this year!
The person who takes no chances has to take whatever is left when others are through choosing. Over-caution is as bad as under-caution.
17. Wrong selection of associates in business
In marketing personal services, one should select a mentor who will be an inspiration, and who is, himself, intelligent and successful.
18. Superstition and prejudice
It is a sign of ignorance. Men who succeed keep open minds and are afraid of nothing.
19. Wrong selection of a vocation
No man can succeed in a line of endeavor which he does not like. The most essential step in the marketing of personal services is that of selecting an occupation into which you can throw yourself wholeheartedly.
20. Lack of concentration of effort
The jack-of-all-trades seldom is good at any. Concentrate all of your efforts on one definite chief aim.
21. The habit of indiscriminate spending
Money in the bank gives one a very safe foundation of courage when bargaining for the sale of personal services. Without money, one must take what one is offered, and be glad to get it.
22. Lack of enthusiasm
Without enthusiasm one cannot be convincing. Moreover, enthusiasm is contagious, and the person, who has it, under control, is generally welcome in any group of people.
Intolerance means that one has stopped acquiring knowledge. The person with a closed mind on any subject seldom gets ahead.
The most damaging forms of intemperance are connected with eating, strong drink, and sexual activities. Over-indulgence in any of these is fatal to success.
25. Inability of cooperate with others
More people lose their positions and their big opportunities in life, because of this fault, than for all other reasons combined.
26. Possession of power that was not acquired through self-effort
Power in the hands of one who did not acquired it gradually is often fatal to success.
27. Intentional dishonesty
There is no hope for the person who is dishonest by choice. Sooner or later, his deeds will catch up with him, and he will pay by loss of reputation, and perhaps even loss of liberty.
28. Egotism and vanity
These qualities serve as red lights which warn others to keep away.
29. Guessing instead of thinking
Most people are too indifferent or lazy to acquire facts with which to think accurately.
30. Lack of capital
This is a common cause of failure among those who start out in business for the first time, without sufficient reserve of capital to absorb the shock of their mistakes, and to carry them over until they have established a reputation.
31. Lack of imagination and creativity
No success can be achieved without these twin qualities. A man can create a new world if he can imagine it. His world will thrive if he can create it with details.
— Your Scheduling Institute Team