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Tuesday, January 15, 2008
The Secret to achieving success in life
The Fool.com article reviews some of the recommendations in the book, The Secret. The book, which has spawned a serious of followup books, DVDs, day-to-day calenders etc, makes various recommendations for achieving success and riches in life.

As per the Fool.com's article, some of these recommendations include:

- Have belief that its possible to achieve your goals
- Burn your boats
- Associate with successful people
Believe it's possible. Half of doing anything out of the ordinary -- whether it's becoming a millionaire, learning to be an expert skier, or just getting promoted to vice president -- is believing that it's possible. That may sound like motivational-guru claptrap, but it's true -- if you think that something is impossible, then for you, it probably will be. Becoming an expert skier is just a matter of learning to turn smoothly and getting lots of experience with different conditions. Becoming a millionaire is just a matter of increasing your savings rate. Both of these things are easier said than done, but they're both possible. People less smart and capable than you and I do both every year -- we can, too.
I haven't read the book but based on the recommendations listed in the article, I definately believe in at least two of the recommendendations mentioned in the article.

As the saying goes, believe and succeed. One of the first steps in the road to achievements is believing in self, believing in your goals because that belief helps you to take action even when the chips are down. Similarly, associating with successful people helps you grow your vision, to learn new things and see what successful people are doing that you are not doing. In addition, it gives you a different perspective to look at things.

I, however, am divided on the recommendation regarding burning the boats - or bridges. Sure if you do that, you know that you have nothing to fall back on. In theory, this should cause you to devote full attention to what you are doing currently since it's a do or die situation. However, I personally am not that much of a risk taker and believe that when it comes to making major decisions - such as leaving a job to start a business, or changing careers, etc - you should always have a contingency or backup plan.

Assuming that you are committed to giving your best on any new undertaking, knowing that there's a fall back option, gives you a greater confidence to do your best on the new business/job or any other undertaking in my opinion. For example, when I changed my career field, I was a bit apprehensive because I didn't know whether the new job and field will work out for me or whether I will like it or not. However, knowing that I could always go back to finding a job in my previous field gave me confidence to seek out for a position in a different field until I finally got a new job. I didn't initially like my new job/field because I had to learn new things, didn't have any friends at the new place and missed my old coworkers. But over time, things got easier and I was happy with my decision of switching careers because otherwise I would have been stuck working in a field that I didn't like much. All this, however, was made possible because I didn't burn the bridges and to me, it's not always necessary to do in order to succeed. That's just my take.

For complete article, see:

Fool.com: The Millionaire's Real Secrets
posted by Ruby @ 6:24 AM  
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