The Fear Of Losing
Posted on May 17th, 2008 by Will Work for Cheesecake!!!I remember asking my friend for $4000 so I can buy Visa at it IPO. He told me you must be out of your mind. Don’t you know you can lose money in the stock market? I just wanted to win; I didn’t let the fear of losing stop me. My friend didn’t have the courage to bet because he fears of losing the $4000. Rich people tame the cobra, while poor people run from it.
Fear Is Your Obstacles
Fear is what keeps poor people from being wealthy. They don’t like to take risk because they fear of losing. I take risk every time when I travel. If I fall asleep while driving, then that could be the end of me. Who will my money go to if that happens? If you’re telling yourself I can’t beat him, then you wouldn’t be able to beat him. The reason is that you accepted the defeat. You will be a loser that nobody cares. Is that how you want to live your life?
Poor People Will Always Be Poor
You don’t have to be poor because you have a choice. Do you want to be poor or wealthy? I am sure that 100 percent would say wealthy. How do you do it then? First you wouldn’t be wealthy if you keep fearing the obstacles that in your path. How can I be like John Chow making $30,000 a month? Don’t fear John Chow, you must learn from John Chow! If you use John as a model, and telling yourself I am committed to be like John. Don’t tell yourself that you’re going to be like John Chow, you have to be committed to be like John Chow.
You Gave Up Because You Accepted Defeat
You started a blog for 5 months and you hardly have any reader or members. You decide to give up on blogging because it takes to much time such as creating contents and marketing yourself. The problem is that you did something wrong and you didn’t know what you did wrong. That might be the reason why your blog is not going anywhere. I remember giving up on investing because I lost $500 on stocks and commission. I didn’t invest for a year, and then I decide to come back to investing. I had to learn from my mistakes.
Final Thought
If you fear the obstacles that in your path no matter how big or small, then you will be a loser for the rest of your life. You can’t be wealthy if you just playing it safe 100 percent of the time. Put your hand on your head, and tell yourself “I am committed to being wealthy.”
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