How You Sabotage your Own Success
I want to talk about a subject in this blog post that no one really wants to talk about. Failure.
When I grew up, the subject of failure was something that everyone said to avoid! No teacher talked about why you should fail at something. Everyone that I’ve had the chance to know and meet throughout my life has one time or another failed miserably at something they wanted to achieve. Everyone said failure should be avoided, but everyone at some point experiences it. Does it mean they should give up?
Life usually works against you. Not because you deserve failure, but because you need to appreciate what you have more often. I’m sure you’ve been in the situation where you’ve tried everything except what actually works.
You know what I am talking about. 😉
You’ve done everything out there to try and become successful, but nothing got you to the end result you wanted.
The truth to success is that 80% is psychology and 20% is mechanical. Now the 80-20 rule to success applies to your business, relationships, health/fitness, and everything else.
What makes your success come to life isn’t the 20% or the 80%, it’s both. You’d think it’s common sense, but often people leave out one or the other and focus 100% on the psychology or the mechanical part of the formula.
The mechanical part does give you that edge you want. For example, if you run a business you probably have the mechanical part down. You’ve got your process figured out and the product figured out, these are both the mechanical part.
However, one major reason your business isn’t thriving is because you don’t have that 80% psychology part mastered. I’ve seen countless times where people slack on the 80%, but they have the mechanical part down and success is always out of reach.
When you focus too much on the mechanical part of anything, it just won’t work. Success will not happen. You might have the best product, diet plan, business process, or service, but none of that matters when you don’t have the formula down.
Looking at the other side of the coin, you need to have psychology in place as well. If you’re damn good at the psychology part, but will have nothing to do with the 20% mechanical part, you’ve failed.
96% of all businesses fail after a ten-year period. Only 4% succeed. And when I say succeed, that doesn’t mean you’ve hit the jackpot and have millions and millions of profits coming in each month. The 4% of those businesses that do “make it,” so to say, are just standing up on their two feet.
“Still standing” means that you’re most likely still struggling.
Do you remember the company called Lehman Brothers? The company Lehman Brothers was a hundred year old company that killed it! Over the course of those hundred years, its gross revenue was over a trillion. Yes, trillion with a “T.” However, it no longer exists and that’s because it’s such a competitive place to own a business of your own.
If you don’t continue to keep your psychology and mechanical formula up-to-date with the changing times, your business will be closing its doors for good.
How you sabotage your success in business is by not building a brand that people trust and value, among other things. If you’re in business seeking to offer the lowest prices, then you will die. The reason you will fail at trying to offer the best prices is that there are people out there that can charge more premium prices because they’ve built their brand.
They’ve built their 80-20 formula and have come to master it.
You’ve got to master business, otherwise your dreams and goals are going to fade until they’re so far out of sight they’re gone forever. You could be an amazing web developer, but your marketing skills are terrible. You will not go far.
You’ve got to build your team, your skills, and master the psychology of your business.
One of the worst things I did when I first started, and what a lot of business owners do, is I tried to do everything myself. This might work at the start, but after time it will become apparent that the process is breaking down.
How to Save Ten Years of Hard Work.
When you’re in business for yourself, you work your ass off. If you’ve got a business of your own, I applaud you. Why? Because the longer you’re in business, the higher the chances you have of failing. It’s tough to hear, but it’s the truth. Just like I mentioned a moment ago – Lehman Brothers.
No business can survive if they don’t mold it, change it, and keep up with the changing of times.
How do you overcome the chances of you burning your business to the ground? You’ve got to run the business, not let the business run you. You’ve got to learn the skills that make a business grow.
If you’re asking yourself, how do I learn the skills of successful people? Well, open your eyes because there’s about a billion places to learn skills that will shave years off hitting those goals.
The Internet is a powerful place that you can make work to your advantage. You can buy many books that can also give you those tips to save you tens of thousands of dollars on your journey to living the good life.
Just because something is free or even 20 bucks (like a book), doesn’t mean that it’s not worth your time. It’s worth your time!
Trust me on that!
I’ve bought countless books over the years that have given me huge tips that changed my life.
In terms of investment, I’ve purchased many books that gave me a return on my investment of 1000 times or more. It’s why I buy so many books. It’s why I choose to learn, grow, and master my business. I like to learn and really apply myself in my business and life because it’s the only way success happens. If I can’t do something in my business, then I will seek to find someone who can fill that position.
Finding good people to do meaningful work is hard. However, when you do find those people, your process of doing business really blossoms.
You can go about starting a business on your own alone, but you would not be a smart person to go that route. Regardless of what type of business you’re starting or running, there is a vast ocean of wisdom out there and people to help you. As a matter of fact, there are people looking for someone just like you to master the game we call life.
Most of the knowledge and true wisdom in life is free, some of it’s costly, and other bits are priceless. All you have to do to find it is you have to be willing to look, and more importantly fail, in order to learn what doesn’t work. Failure isn’t something you should be afraid of; life will go on after you fail at something.
Like I said a minute ago – you’ve tried everything, but you haven’t tried what works. If you’re trying to grow your business and can’t seem to make it work, try something that might seem crazy – test it, measure it. Become like a mad scientist.
The funny thing to life, business, health, and relationships is that if you keep doing the same old thing you will keep getting the same old results.Change is the only constant in this world. Embrace it. Click To Tweet
I believe everyone wants to do well in life and have their dreams become a reality. Success pulls highly at our hearts and at times we sabotage our own success by not letting change into our lives.
Change for most is a very hard thing to accept. The only thing that will derail our success is the fear of failure. I believe failure in anything only happens when you aren’t willing to get back up after you fail. If you keep failing after trying again and again, then change what you’re doing. Don’t sabotage your success by doing the same thing over and over again. Learn from your mistakes and for heaven’s sake, seek to grow your knowledge regardless of your dreams and goals.
You don’t have to go it alone anymore. Find someone who’s been there, done it, and learn from them. Study them. And apply what they’ve done to your own life and challenges. If it doesn’t work, move on, test it, and measure it. There’s always another way and the way to true satisfaction is to keep moving forward regardless of how many times you’ve failed in the past.
Thanks so much for reading this article. I wish that all your wildest dreams and goals will become reality. Please share with me in the comments section what you’re doing to further your success. Have you hit any road blocks along the way? Let me know. 🙂
Scott “mad scientist” Hurtado