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Top 10 Major Causes of Failure

Top 10 Major Causes of Failure

Life’s greatest tragedy consists of men and women who earnestly try, and fail! The tragedy lies in the overwhelmingly large majority of people who fail, as compared to the few who succeed.

Here are the top 10 major causes of failure:

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Lack of A Well-Defined Purpose in Life

There is no hope of success for the person who does not have a central purpose, or definite goal at which to aim.

Insufficient Education

This is a handicap which may be overcome with comparative ease. Experience has proven that the best-educated people are often those who are known as self-made, or self-educated. It takes more than a university degree to make one a person of education.

Any person who is educated is one who has learned to get whatever he wants in life without violating the rights of others. Education consists, not so much of knowledge, but of knowledge effectively and persistently applied. Men are paid, not merely for what they know, but more particularly for what they do with that which they know.

A Lack of Self-Discipline

Discipline comes through self-control. This means that one must control all negative their qualities. Before you can control conditions, you must first control yourself. Self-mastery is the hardest job you will ever tackle. If you do not conquer self, you will be conquered by self. You may see at one and the same time both your best friend and your greatest enemy, by stepping in front of a mirror.

Procrastination

This is one of the most common causes of failure. Procrastination stands within the shadow of every human being, waiting to spoil one’s chances of success. Most of us go through life as failures, because we are waiting for the time to be right to start doing something worthwhile. Do not wait. The time will never be just right. Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.

Lack of Persistence

Most of us are good starters but poor finishers of everything we begin. Moreover, people are prone to give up at the first signs of defeat. There is no substitute for persistence. The person who makes persistence his watch-word, discovers that failure finally becomes tired, and makes its departure. Failure cannot cope with persistence.

Negative Personality

There is no hope of success for the person who repels people through a negative personality. Success comes through the application of power, and power is attained through the cooperative efforts of other people. A negative personality will not induce cooperation.

Lack of A Well-Defined Power of Decision

Men who succeed reach decisions promptly, and change them, if at all, very slowly. Men who fail, reach decisions, if at all, very slowly, and change them frequently, and quickly. Indecision and procrastination are twin brothers.

The Habit of Indiscriminate Spending

Form the habit of systematic saving by putting aside a definite percentage of your income. Money in the bank gives one a very safe foundation of courage when bargaining for the sale of personal services. Without money, one must take what one is offered, and be glad to get it.

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Lack of Enthusiasm

Without enthusiasm one cannot be convincing. Moreover, enthusiasm is contagious, and the person who has it, under control, is generally welcome in any group of people.

Inability to Cooperate with Others

More people lose their positions and their big opportunities in life, because of this fault, than for all other reasons combined. It is a fault which no well-informed business man, or leader will tolerate.

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