History is replete with famous individuals and companies who either failed or came within a hair’s breadth of failure:
- Abraham Lincoln failed six times in politics before he was elected President of the United States.
- Henry Ford’s first automobile company went bankrupt.
- Thomas Edison failed 10,000 times with the incandescent light bulb.
- R.H. Macy failed seven times before figuring out how to run a retail outlet and make a profit.
- Steve Jobs went through nearly $80 million of his $117 million in less than nine years and was just one year away from losing everything in 1994.
- Elon Musk (SpaceX) was one rocket launch away from losing everything in 2008.
- Donald Trump (Trump Entertainment) nearly lost everything in 1992, his Waterloo year.
- Phil Libin was one day away from shutting down his now $1 billion dollar company Evernote.
- Pandora, at one time, was forced to lay off all of its employees and was a hair’s breath away from going under.
There are many successful people who attended the school of hard knocks, battling through countless errors, mistakes, poor decisions and even failure.
In fact, 34% of the self-made millionaires in my Rich Habits Study, failed at least once in business.
But history is also replete with stories of successful individuals who did not experience failure:
- Andrew Carnegie, at one time the richest man in the world, experienced nothing but success in his march to making millions. He later partnered with Napoleon Hill to share his secrets to success. Hill wrote a book about the lessons he learned from Andrew Carnegie. That book, Think and Grow Rich, helped a new generation realize enormous success in life.
- Benjamin Franklin, America’s first millionaire, succeeded in just about every endeavor.
- Warren Buffet’s rise to billionaire status was seamless.
- Mark Zuckerberg came out of nowhere with Facebook, rising to billionaire status almost overnight.
These individuals all seemed to have the Midas Touch when it came to making money.
My point is that you don’t need to graduate from the school of hard knocks in order to succeed.
There’s an easier way.
You just need to adopt good daily success habits.
Habits put your success on autopilot.
Habits are automatic, subconscious behaviors, thinking and choices.
Most are not even aware of the habits they have.
Having the Midas Touch is nothing other than having good daily success habits.
To the untrained eye, those who have this Midas Touch, seem to coast through life realizing one success after another.
But, in reality, these individuals forged good daily success habits early on in their lives and, as a result, they put their lives on success autopilot.
In my study, individuals who were lucky enough to find a success mentor became self-made millionaires within twelve years and accumulated an average of $7.4 million in wealth.
Success mentors teach you two things:
- What to do and what not to do and
- Which habits to adopt and which habits to eliminate.
When you know these two things, success is more streamlined and much easier.
That’s why I decided to write my Rich Habits books.
This way, by just reading a book, you could streamline the success process.
In a way, my books are a surrogate for the success mentor you never had.
Don’t make the journey to success any harder than it has to be.
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