When Failure is Success


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No one likes to fail. In fact, our education system has gone to great lengths to institutionalize the punishment of failure. They call it the grading system. When you fail in school, you get a failing grade. As a child, you are indoctrinated by the education system to see failure as a bad thing. Children who get bad grades, fail too much, could even get left back. This creates fear. So, we are taught by our teachers to fear failure and so we spend our entire adult lives avoiding risk because we fear failure.

But I learned from my Rich Habits study of 177 self-made millionaires that failure was the most direct path towards success. Failure forces you to change and grow. Sure, failure is painful, but the lessons you learn from failure stick. Failure leaves scar tissue on the brain. You never forget your failures. And that’s a good thing. Failure forces you to learn what to do and what not to do. When you fail, you are forced to learn what went wrong and then change what you are doing, making failure temporary. If you refuse to change, then that failure becomes permanent. Here are some things I discovered about failure from my study:

  • Failure forces you to change your habits.
  • Failure forces you to change your perception.
  • Failure forces you to change who you associate with.
  • Failure forces you to change your thinking.
  • Failure teaches you to value and manage your time better.
  • Failure teaches you how to deal with people.
  • Failure forces you to manage your money better.
  • Failure gives birth to insight and creativity.
  • Failure makes you wiser.
  • Failure increases awareness.

Those who fail become different people. The education you get from failure stays with you forever and becomes the foundation upon which you build future success. The more you fail, the stronger the foundation and the greater your success will be. In order to succeed you must vanquish the institutionalized belief that failure is something to be feared. Your teachers were wrong. Failure is the path to success.

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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, Money.com, India TV, News.com 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, SUCCESS.com, Inc.com, and the Huffington Post. Tom is a frequent contributor to Business Insider, Credit.com, Bankrate.com 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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