Fear Of Failure

Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don't get rich. Let's be realistic... to get ahead in the real world you have to take action.

Why is it that most people don't take action? Sometimes it is lack of knowledge, but more frequently it comes down to fear that stops people from living their dreams.
However successful people tend to act in spite of their fears. They've learned to harness their fears and use them to their advantage.

The Fear of Ridicule
You can't do much about what other people say, but you can control how you react to it. The people trying to stop you achieving your dreams have probably lost the ability to do the same. The only way they know how to build themselves up is to bring other people down. Now that is sad... but it's not your problem. No one has ever died of embarrassment, so tune out to the critics and focus on what you want to accomplish.

The Fear of Success
It is ironic that you work so hard to overcome the fear of failure and achieve success and then all of a sudden you become afraid that you won't be able to maintain your success. Yet I have seen this happen to many investors once they have grown a sizeable property portfolio.

The fear of not being worthy
Many people fail to take action because they fear they don't deserve wealth. This also stems from the "financial "programming" they received in childhood. All those negative things that some well meaning people said early in their lives. Things like "Don't be greedy". "People like us don't get rich." "What makes you think you can do that when others have failed?"

The fear of debt
Obviously the fear of debt holds some investors back, however debt shouldn't be feared. It's the inability to service the debt or repay the loans that should be feared. If you understand how to use debt wisely and if you know the difference between good and bad debt, there is nothing to fear about debt.

By the way... it is not necessary to get rid of all your fears to succeed. All rich and successful people have fears, doubts and worries; they just don't let those feelings stop them. That is the big difference: unsuccessful people also have fears, doubts and worries but they let those feelings stop them.