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| HyperActive Warrior War Room Member Join Date: Jan 2006 Location: , , .
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After you become wildly successful, does it change your attitude and the way you do business? Many years ago, Bill Gates said something to the effect that success feeds on itself - successful people become more successful because they think that they can't lose so they take bigger risks. Now mind you, I certainly am nowhere near to being able to personally test this idea. You've no doubt heard that "....The rich get richer and the poor get poorer....". Maybe the rich get richer because they're less afraid to try because of past success? Or do they just feel that they have less to lose if something goes south? So does success after success change you as Mr. Gates suggests? Just wondering..... - Darrell |
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| | #2 |
| Billionaire in Training War Room Member Join Date: Jun 2008 Location: Okinawa, Phoenix, WI, etc.
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I think a lot of it has to do with successful people having more assets to leverage. If you look at internet marketing as an example, the successful guy with a list can make a lot more money when he launches a new product than the new guy just starting out. If you want to look at Bill Gates, I wouldn't necessarily accuse Microsoft of taking risks. However, they have a reputation and huge market share to leverage with each product launch. I think that more than anything has to do with the successful becoming more successful.
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| | #3 |
| Warrior Member Join Date: Sep 2008
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Now days Internet marketing is a very good way to get the good income.To do that must follow some tips.. ![]() here i have a link about foreclosure auctions.. ![]() thanks.. Foreclosure Auctions |
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| | #4 |
| HyperActive Warrior Join Date: Mar 2007 Location: Kagoshima, Japan
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I agree with giveusallfreedom. But also would like to add the saying "99% of success is just showing up." I think people who are successful show up and keep showing up and that makes all the difference. Too many people simply don't take action. And the ones who are taking action, but are failing will likely turn out to be great successes if they're persistent. Rebecca |
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| | #5 |
| Senior Warrior Member War Room Member Join Date: Jun 2007 Location: Lanarkshire UK
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Most successful people have their fair share of failures. But their past successes give them the resources to carry on through those failures until their next success comes along. And they have the means to take risks that they wouldn't otherwise be able to take. I mean if you have $50 billion dollars in the bank, you're not going to worry too much if your next product flops. So yes, success can lead to more success because it finances it. Cheers, Neil |
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| | #6 |
| Advanced Warrior War Room Member Join Date: Jun 2007 Location: Sydney, Australia.
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Success gives you more choices. When you're just starting out, you're hesitant, and if something costs money, you look for a "free" option. This can be good or bad... Good in the sense it forces you to bootstrap your business, bad because you miss opportunities. Even with minimal success, your options broaden. You can afford to outsource, and you can pay for advertising - and you can pay for advice. |
| Write For Dollars, Not Pennies. Personal Guidance From Angela Booth. ![]() A Student Called This Course: "The Best Investment I've Ever Made." | |
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| | #7 |
| Die Hard Warrior War Room Member Join Date: May 2008 Location: Kansas, , USA.
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As far as taking a risk for something, I think so. When you get to that type of stature you feel more confident in yourself, and when it comes to financial circumstances it's not as effective to the pocket as before.
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| attitude, success |
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