Your "Wealth Mindset": Don't Be Afraid To Fail

Whether you fear failure or whether you acknowledge that it’s simply part of the process of succeeding will be one of the major determinants of how far you’ll get in life. Those who have a “wealth mindset” know that failure is not the opposite of success, but, instead, it’s a stepping stone toward great achievement. They treat failure as feedback and as a chance to learn, adjust their actions, and try again.

There are countless stories of people who have been beaten over the head, knocked over several times, and have failed miserably; yet they’ve gone on to become highly successful. Professional baseball players fail more than they succeed in hitting the ball. However, they keep walking up to the plate and they keep swinging at that ball. Babe Ruth struck out 1,330 times on his way to the Hall of Fame.

Below are three examples of now-famous people who have demonstrated the ability to fall and get back up again:

• Elvis Presley is an example of someone who faced rejection and went on to prove his critics wrong. After his debut performance at the Grand Ole Opry he received only a polite response from the audience and was told: “You ain’t goin’ nowhere, son.” Of course, he became a celebrated musician who won three Grammies and was inducted into four music Halls of Fame.

• Oprah Winfrey—the multiple-Emmy Award winning host of The Oprah Winfrey Show, the highest-rated talk show in television history--was fired from her television reporter’s job and told: “You’re not fit for TV”.

• In 1985 Steve Jobs was fired from Apple Computer, the company he helped start. During his 2005 Commencement speech at Stanford University he said the following: "I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. It freed me to enter one of the most creative periods in my life."

If you’re not failing now and then, it’s very likely that you’re not taking enough chances. According to the Law of Probabilities if you have a lot of ideas, many of them will probably be wrong, but your chances of finding one really good idea are much higher than for the person who has only a few ideas or no ideas at all. And all you need is one really good idea.

There are three things you can do right away when you fail at something so that you can move forward as fast as possible:

One. You should ask yourself questions that will put you in the right frame of mind and will direct your focus so that you can think of the best way to bounce back from the situation, learn what you can from it, and apply your newly acquired experience to your advantage. Below are some of the questions you should be asking yourself:

• What can I learn from this?

• What will get me what I want?

• What is good about this?

• What can I be grateful for in this situation?

• Who can give me good advice as to how to best proceed?

• What can I do to improve?

• What do I need to get through this?

• What would I do from a position of power?

• What one thing can I do tomorrow?

• What do I need to do differently the next time?

Two. You should apply a method of release that will help you to let go of the emotional charge that accompanies failure so that you can analyze the situation from a cool headed perspective that will allow you act in your best interest. The Sedona Method is a simple, effective program you can use that provides quick results. By asking yourself three simple questions you'll be able to release any negative emotions you may be feeling as a result of your setback so that you can get yourself back in the game.

Three. Think of the outcome that you're seeking, create a clear mental picture of that outcome, and see yourself achieving the intended result. By relaxing and slowing down your thoughts through meditation you will be better able to focus on what you want. At the same time, using creative visualization will help you to create a detailed image of your goal so that it's easier to achieve. The Silva Life System is a great way to learn how to meditate in 60 seconds flat and learn how to use creative visualization to reach your goals.

To quote the Greek philosopher Epictetus: “So when the crisis is upon you, remember that God, like a trainer of wrestlers, has matched you with a tough and stalwart antagonist . . . that you may prove a victor at the Great Games.”