The 31 Major Causes Of Failure (Part Five)

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The 31 Major Causes Of Failure (Part Five)

 


 

 This is the fifth post in the series based on the writings in Napoleon Hill’s book ‘Earl Nightingale Reads Think and Grow Rich
If you haven’t read the earlier posts you can catch up on them after you have read through these. Though this book was first published in 1937 and some of its language may be a tad dated the messages are timeless and just a valid today as ever. One of those books that you can read over and over. Just a paragraph or two is often enough to give me lots to think about and act on for the day. ‘Think and Grow Rich’ is definitely an action book.

 

23. Intemperance

Back in Napoleon Hill’s day the concerns with intemperance (Lack of Self Control) centered around excessive eating, strong drink and sexual activity. Since that time we should also add drug use to the list and some would want to include social media as well. In short, anything taken to excess is bound to become a time sink and deflect your focus from becoming a success.  Activities that do not contribute to or take you closer to your goal need to be restricted and if possible removed completely. If you cannot control your reactions to distractions, you may have to consider altering your environment to have them removed. And no, I’m not suggesting drastic action regarding Aunt Edna, it may be enough to limit your interaction time with her.

 

24. Inability To Cooperate With Others

It should come as no surprise that this is virtually essential for one’s success in business. According to Hill’s writings, more people lose their position and the best opportunities of their lives due to this shortcoming than for all other reasons put together. This is a fault that no successful business manager or coach will tolerate. Many teams comprised of individual superstars are defeated by lesser talents that work together as a team. Cooperation has been the key to many victories both on the battlefield and in the boardroom. Similarly most major defeats have occurred as a result of individuals failing to work together and wanting to do the Lone Ranger thing. In reality, even the Lone Ranger had his faithful sidekick Tonto and his horse Silver. If he was reduced to walking and doing everything himself, it’s doubtful he would have achieved legend status.

 

25. Possession Of Power That Was Not Acquired Through Self Effort

This failure has been demonstrated over and over again by heirs to large fortunes. Often they had little to no involvement in the accumulation of the wealth they suddenly possess and it just flows away from them like water. A friend of mine, who inherited a shellfish business has worked in it since he was a pre-teen. He has come by it the hard way but he also recognizes and appreciates what he has. He knows its value. Conversely, an heiress to the family fortune of a department store chain in Vancouver, wrapped her Ferrari around a tree in a fatal crash. That is tragic failure for her and for her family.  Quick riches are far more dangerous than poverty. Lottery winners are another prime example of those that have not achieved wealth or power through self-effort, and as a result they seldom retain their money for very long. 

 

26. Intentional Dishonesty

There is no substitute for honesty and integrity. People who are inherently dishonest will never have true friends or business associates. Sadly enough they tend to attract others of the same ilk and it becomes a game as to who can bilk the others out of the most money. A person can become dishonest and he or she may be able to maintain the charade for awhile, but sooner or later things will catch up and they will lose everything. Friends, customers, suppliers, and most tragic of all, their reputation. I would take this even further and say that they also lose their dignity, self respect and identity. Everyone knows a dishonest person but they do not know themselves.

 

Money without brains is always dangerous.  –  Napoleon Hill

 

Come back and read the next fascinating major causes of failure and how we can avoid them.

Till Next Time….

 

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Sigrid McNab

Skype: sigrid.mcnab

Email: sigridmcnab@gmail.com

 

Work with Me- UsanaHealthSciences

 

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About Sigrid McNab

Sigrid McNab is the author of #1 Amazon Best Seller, speaker and the CEO and Founder of sigridmcnab.com. Sigrid specializes in blogging, attraction marketing, and generating highly qualified leads. Sigrid teaches people how to build a successful online business.

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4 Responses to “The 31 Major Causes Of Failure (Part Five)”

  1. joel pashkin Says:

    “There is no substitute for honesty and integrity” If there were only one thing to get this is it!!!
    joel pashkin recently posted…Life After Retirement ContinuedMy Profile

    [Reply]

    sigrid Reply:

    Well said Joel. I couldn’t agree more. With that single attribute, you can create everything. Without it you have nothing.

    [Reply]

    Reply

  2. CEZAR Says:

    Hey Sigrid! I love how you’re covering all 31! Awesome :) It’s been a while since I read this book, so it’s great that I can swing your blog for a quick review!

    Cezar

    [Reply]

    sigrid Reply:

    Cezar, I am so glad that you are enjoying them!

    [Reply]

    Reply

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