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How to Transform Failure into Success

We have all messed up at some point in our lives and it is easy to let those failures, disappointments, and mistakes haunt us.Think and Grow Rich, Success, Money, Finance, Investing, Book suggestion, Book reading, Quiz, Fun, Flowchart, warren buffett, james Altucher, Tony Robbins, Personal Development, Napoleon Hill

They remind us and often loom over us like an infinite shadow.

  • Maybe it was something we did or failed to do.
  • Maybe it was a choice we made that we no longer believe was the right choice.
  • Maybe it was an activity that ate up a huge portion of our lives that we regret and we feel we can never get that wasted time back.

But you can transform your failure into success.

We hear it all the time, phrases like: “‘learn from your mistakes,’ ‘focus on your strengths,’ and ‘do not dwell on your past.'”

But how do you do that?success, wealth, think and grow rich, money, finance, self control, discipline

Let’s try right now in three simple steps.

Step One

Take out a sheet of paper and make a list of ten times in the past you believe you failed or disappointed someone or yourself. This can be anything major or minor (this is great practice).

Step Two

Next to the first list, write down something you learned from them or how those events make you a better, stronger person.

Step Three

Write down how you can apply the lesson you just learned to some practical way of improving your current situation right now (or some project in the future).Think and Grow Rich, Success, Money, Finance, Investing, Book suggestion, Book reading, Quiz, Fun, Flowchart, warren buffett, james Altucher, Tony Robbins, Personal Development, Napoleon Hill

Get into the habit of doing this and you can transform everything into your own personal lesson for success. And what’s more, you can use these lessons to help others.

How Will You Spend Your Riches?

There is an obstacle keeping many people from financial wealth.  personal development, wealth, success, law of attraction, think and grow rich, spending, capital allocation, visualization, money, riches, bank account, how to make money, capital allocation, investing

One of which is not believing they deserve it.

Another obstacle is not knowing what to do with wealth should they attain the amount they want. Let us remove that obstacle right now.

Many people just say, “I want $1 million” or “I want to be a multi-millionaire.”

If you’re reading this, you probably already visualized the numbers in a bank account.

Maybe you even wrote yourself a check for that amount already.

Let us take this a step further through visualization and writing.

Without focusing on “how” you got there, let’s focus on exactly where your riches are going to be allocated in the future. 

The wealthiest people in the world know where to and where not to put their money, aside from their own personal extra luxury expenses.

Investors know what companies to put their money in, oil magnates know the most effective ways to obtain and distribute oil, the frugal wealthy know exactly what they want out of life, and more.

To get started, imagine your net worth was suddenly increased to $100 million. Chances are you do not have all of that in liquid cash, as that would put your money at tremendous risk.

You want this money to last you your lifetime, as well as protect generations of your family, but you also want it to grow.

Remember, the incredibly successful have cultivated their ability to spend wisely over many years.

Begin visualizing the answers to these questions below:

  • How many houses do you own?
  • What businesses are you invested in?
  • How much do you keep in liquid cash?
  • Breakdown your $100 million into different percentages and categories, for example, “$30 million is in the stock market, you own $50 million in properties, you have four cars worth a total of $1 million, etc…”
  • Breakdown the costs of the objects in one of your houses (or all).
  • What industry have you mastered?
  • How much money to do you need to live, annually? (i.e. taxes, food expenses, etc…)
  • What does your closet look like, and how do those tie into your $100 million?personal development, wealth, success, law of attraction, think and grow rich, spending, capital allocation, visualization, money, riches, bank account, how to make money, capital allocation, investing

Do this exercise on your way to financial success and find that it will help you obtain whatever it is you are looking for.

Believe and understand that once you can see it, dream it, feel it, plan it,  then you can achieve it.

WISH YOU SUCCESS!