Failure – A Dress Rehearsal for Success


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Michael Jordan, the first billionaire basketball player, failed to make his high school varsity basketball team in his sophomore year and was sent down to his junior varsity team instead.

J.K. Rowling failed 12 times to get her book Harry Potter published. Jack Canfield and Mark Victor Hanson (Chicken Soup of the Soul authors), Stephen King (Carrie) and myself, were repeatedly turned down by publishers.

Legend has it that Colonel Sanders heard 1,009 “no”s to use his chicken recipe (Kentucky Fried Chicken) before he heard his first “yes”.

Failure is perceived by most in western society as a bad thing, something to be avoided. Yet failure is a prerequisite for success. In my Rich Habits study, 36% of the self-made millionaires in my study failed at least once in business. But the reason they became self-made millionaires has everything to do with what happened after they failed – they figured out what went wrong, adjusted their goals and activities and tried again.

Failure is instructive. It teaches us what to do and what not to do. It prepares us for success by helping us figure out how to overcome mistakes, pitfalls, setbacks and obstacles that stand in the way of success. Persisting through failure enables us to eventually succeed. And most of the time that success is represented by the little things that go right during our journey towards success. Only in failure can we appreciate success. Those who do not quit after failing, and keep trying, eventually realize little successes along the way. Then they cookie cut, or duplicate what went right over and over again. Failure is nothing more than a learning experience that acts more like a dress rehearsal for future success. So go out and fail. Your success depends on it!

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Thomas C. Corley About Thomas C. Corley

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit,, India TV, Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money,,, and the Huffington Post. Tom is a frequent contributor to Business Insider,, and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.
Phone Number: 732-382-3800 Ext. 103.
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