My Best Advice on Success & Failure

by Bill Gough, Hall of Fame Member

Throughout my career I have experienced many successes and won many awards. However, for every shiny award, victory, and pat on the back, there have been many more failures and defeats.

The biggest takeaway I’ve learned about success in my career is this: 

Success is not so much what we have as it is what we are. 

Success is attracted by the person you become. How do you become that person? By studying and thinking accurately.

Everyone should have to take Accurately Thinking I and Accurately Thinking II in school. One of the best resources you can learn about Accurate Thinking is from one of the best-selling books of all time … Think and Grow Rich by Napoleon Hill. The financially challenged can get this book free from public domain.

Remember, success is 20% skill and 80% strategy. 

On the flip side, failure is not a single, cataclysmic event. You don't fail overnight. Instead, failure is a few errors in judgment, repeated day after day. It's important not to take a casual approach to your life or business because business casualness leads to business casualties.

Really, it's too bad failures don't give seminars. Wouldn't that be valuable? If you meet a guy who has messed up his life for forty years, there’s a pretty good chance he's got some advice on what not to do. 

Keep in mind: You might know how to be a business owner, but what is your plan for being a business owner? You know what it took to get your name on the front door – all the legal mess and money that changed hands, but what was your plan for after you got the keys? Success is the difference between ability and strategy

Never get discouraged… remember, "You Win Some, You Learn Some, but You NEVER Lose Some." 

Each time you feel that you have lost, chin up reevaluate the situation and go do something else. You haven't really lost. You have learned from your temporary failure how to better win next time.