Saturday, June 5, 2010

Learning to Lose

Losers! That is what winners actually are.

Any true Champion in sports has LOST more than most will ever dare to try. Ask Michael Jordan, he has missed more shots, lost more games than most ever will and because of that he WON the most too. Michael was not afraid of imperfection or failure. He understood that to be the best, he would have to be a loser.
Take any successful business person, take Donald Trump, he has lost more money than most will ever earn in their lifetime!

Losing is a part of Life and any game you play, including the Money Game. Many are just too afraid to take the “risk”. Losing is a part of the Long Term strategy to Freedom and wealth. You cannot avoid it on your journey. Doesn’t mean you have to like it, just means be mentally prepared for it, which is NOT the same as being focused or fearful of it.

Doug has endured much loss in his life. “I lost my father suddenly at the age of 11, I lost my family when I was put in the Foster Care system, I lost my skin in an explosion, and I lost my mother to Heart Failure. Each one of us has stories of loss. Why we think that we will get out of that in the money game is just naive”. On my journey to freedom, I remember the first time I invested in a bad deal. I lost nearly $1500. For me at the time, that was a LOT of money to loose. It was devastating and I was angry. I have lost $100, 000 of thousands since then. Doug and I have lost on Real Estate, Investments gone badly, Start up Company and projects gone sour. It’s always been tough, but because we continue to build our wealth we have not been affected by our losses.

If you are willing to be a Loser, I promise you, you will become a winner. Let go of the Fear and move forward. Always be sure to do your due diligence and seek advice from those more experienced, but at the end of the day there will be circumstances you cannot foresee and you cannot let that stop you.

Forge forward to your freedom!

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