Monday 17 February 2014

Success Rate

After two years of studying business building skills, this is what I have learned about the statistics of financial success and the reasons behind the numbers:
Almost 100% of the people want to enjoy financial success... 
But 80% of them are not willing to commit themselves to the cause and pathway towards financial success...
12% of them start their cause by getting on the pathway, but fail to continually commit themselves in it...
5% of them have lingering thoughts, but are disciplined enough to stay in the pathway and made some good progress...
Only the remaining 3% have the kind of tunnel vision which keeps them on track 100% of the time and become financially successful...

I believe these numbers also reflect what's happening in other areas, such as academia, sports, work, etc. Only less than a handful of people would become successful because of the nature of human beings.

Like my mentor used to say, if someone got into Harvard University but fails to graduate, it doesn't mean that Harvard University is not good, but rather the student is the one who has failed to study well.

Sometimes people are over-indulged in assessing success rates before they start involving in a new venture. What they don't realise is, it's not the success rate that is going to determine whether they can succeed, but instead, it is their own attitude that is going to make the difference.

If something fails, don't blame the success rate. Blame yourself for not doing what the 3% are doing.

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