November 1, 2010

Fail Like a Billionaire

In a recent article in Forbes.com, the author makes a great point – very few people are as successful right out of the gate as the 26 year old Mark Zuckerberg (founder of Face book).  Most successful people have significant setbacks.

  • Sam Walton, founder of Wal-Mart, had his first Arkansas store go bust.  He learned from his first missteps and started a new operation. Today Wal-Mart Stores is the world's largest retailer with 8,600 stores, 2 million employees and more than $405 billion in sales
  • Apple launched its Newton tablet in 1993. It flopped. But in the Newton lies the DNA for the Steve Jobs' iPod, iPhone and the iPad. Those gadgets have changed how the world ingests media, and has helped Apple gain a larger market cap than Microsoft

Investing is the same way; there are setbacks along the way. Learn from your mistakes.

The most common mistake for investors during the last crash – lack of a Game Plan.  No football coach goes into a game without a Game Plan. Why would something as important as your Financial Freedom be any different?!

If you want your FREE Game Plan, click HERE for a Free Roadmap to see if you’re on track.

Here's a link to the Forbes.com article

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