Relevance: in learning from failures and not only successful people.

[Botnake]

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

That's the right approach if you want to be successful in life, learning the right path and decision to make and learning what to avoid and from going misled. People make mistakes and share them with others so they will not repeat the same mistake they made.
As a person with a mission to succeed, we have to be open-minded and accept lessons from people who made it, and from people who failed to make it, they have lessons for us to benefit from.

In order to learn, the best approach here is learn to embrace both the positive and negative sides of trading. You may commit mistakes and experience losses, that’s okay as that’s a vital part towards effective learning. If you don’t fail and eventually realize that what you have done should not be applicable in trading, then you won’t learn at all. Learning isn’t all about being fearful about its risks and threats that’s why others won’t enter trading at all, but learning demands traders to lose at first before they will see the essence of trading and how to make their trades valuable and successful.

[Yucky]

If you're looking for financial advice, the first category is the wealthy ones with tangible results, but you can see their track record of how they've evolved, for example, Mark Zuckerberg.

Then, there are those who are not so wealthy, but you know that this person has a wealth of experience. They've gone through different events. Some people actually choose not to be famous and popular, but they're comfortable. You wouldn't even call them poor; you wouldn't say they don't have results. They just have a different perspective, and they know that this is what they want.

If they don't tell you, 'These are the investments I have,' or 'These are the people who i have helped me,' you wouldn't know. Some people don't want all this wealth and fame because they believe being on this earth is nothing. It's a silent investment.

So, yes, I believe we all know who to seek advice from: that old man in your neighborhood who you know has heard a lot of experience. Then, there are the rich people with popular and public results. Equally, anyone you feel is just one step ahead of you or even on the same level with you, because no knowledge is wasted, and everybody has something to offer.

[dunfida]

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

That's the right approach if you want to be successful in life, learning the right path and decision to make and learning what to avoid and from going misled. People make mistakes and share them with others so they will not repeat the same mistake they made.
As a person with a mission to succeed, we have to be open-minded and accept lessons from people who made it, and from people who failed to make it, they have lessons for us to benefit from.

In order to learn, the best approach here is learn to embrace both the positive and negative sides of trading. You may commit mistakes and experience losses, that’s okay as that’s a vital part towards effective learning. If you don’t fail and eventually realize that what you have done should not be applicable in trading, then you won’t learn at all. Learning isn’t all about being fearful about its risks and threats that’s why others won’t enter trading at all, but learning demands traders to lose at first before they will see the essence of trading and how to make their trades valuable and successful.

Or simply you should really be that making yourself that versatile on which this would really be that something that you do really need. Just make it sure that you wont really be finding yourself having some issues when it comes emotional control then this is where most people do really failed up on doing so. Mistakes are the learning stones on which these are the things on which you should really be needing up to realize because there are people who do easily give up at the time that they will really be experiencing up some failures on which they can actually be able to find themselves that not making anything good into their dealings. We do know that loses are inevitable and there's no such thing about perfect when it comes to investment or any other things that you are really that dealing on with.

If you are someone whose really that close-minded then theres no progress on which you can be able have that kind of chances or odds that you can changed up your financial condition. It all matters on how good you are on taking up such action and not really just that sitting idle. People would really be just that get only jealous at the moment that they are experiencing seeing others do able to achieve success.

[Accardo]

If they don't tell you, 'These are the investments I have,' or 'These are the people who i have helped me,' you wouldn't know. Some people don't want all this wealth and fame because they believe being on this earth is nothing. It's a silent investment.

So, yes, I believe we all know who to seek advice from: that old man in your neighborhood who you know has heard a lot of experience. Then, there are the rich people with popular and public results. Equally, anyone you feel is just one step ahead of you or even on the same level with you, because no knowledge is wasted, and everybody has something to offer.

In other words the underdogs have a lot of experiences to share, but too many people prefer to seek or hear talks from the known wealthy Men, and then lose out in finding those rich people who have chosen to lay low. Just like some Bitcoin whales who don't live a flashy life. Hence, advice is best gotten from people who are willing to help others excel in a certain business.

[Farhan99]

Don't waste your time trying to learn from people that have failed in life because when you focus on the failures of life, you'll fail too. Focusing on negativity affects you more than when you focus on the positive hence when trying to be great in life, learn from people that have been great too as they'll guide you through the path that they followed to become successful. The successful people also have some things that they did but it failed them but for the unsuccessful people, they have any record of what they did and they made it hence if you focus on only avoiding the things that won't give you victory, you might just have a regular life but when you focus on things that'll make you wealthy and give you victory in life, that's what you'll get as a result of your dedication and hard work and also having a guide.

There are 2 paths in our life, Success or Failure. Both of them teach us a lot of things. Failure is the Best teacher. If someone tries and fails, he can teach us a lot of things that we should avoid if we want success. Failure highlights our mistakes, setbacks, and challenges which we need to improve. The failure reflects our actions, decisions, and thinking processes. This self-awareness helps us identify our weaknesses to improve them. Failure makes our mindset strong, so if ever we fail we can easily handle it and try to improve. When we fail, we are forced to think outside the box and try creative solutions. Some people don't even try new things from the fear of failure which suppresses their abilities. We should learn from people who fail in any matter because they can guide us in the proper way to improvement. On the other hand, success can also teach us consistency, regularity, and strength. After success, we feel satisfied with our current position and stop striving for further growth. Success increases expectations, from others and ourselves.

[mirakal]

If they don't tell you, 'These are the investments I have,' or 'These are the people who i have helped me,' you wouldn't know. Some people don't want all this wealth and fame because they believe being on this earth is nothing. It's a silent investment.

So, yes, I believe we all know who to seek advice from: that old man in your neighborhood who you know has heard a lot of experience. Then, there are the rich people with popular and public results. Equally, anyone you feel is just one step ahead of you or even on the same level with you, because no knowledge is wasted, and everybody has something to offer.

In other words the underdogs have a lot of experiences to share, but too many people prefer to seek or hear talks from the known wealthy Men, and then lose out in finding those rich people who have chosen to lay low. Just like some Bitcoin whales who don't live a flashy life. Hence, advice is best gotten from people who are willing to help others excel in a certain business.

The best advice comes from those people who share the same experience with you, regardless if it ended into positive or negative outcome. Whether they are successful and wealthy people, or those who have ended up in failure, they can offer something that could be worthy for us. In the end, one should reflect and evaluate whatever advice you hear, and determine which one is align with your vision and goal, with your interest and will.

[Franctoshi]

How do we see this. The idea of not taking advice from people who tried so hard in life and failed, and with those who were once millionaires but for some wrong decisions and mistakes they made led to the end of their wealth, making them go broke.

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

Having to learn about the mistakes and getting to hear their experiences that led to their failure (poverty after being rich previously) could be helpful. For not having the results (wealth) doesn't make them not have relevant experience to learn from to avoid making yours. You could learn in 5 minutes what someone used over 5 years to gain as experience in failure.

From a 6 minutes video I watched and felt the desire to share.

Someone failed doesn't mean he isn't smart enough or the successful person is better than he or she, but the difference here is that, even the successful ones failed at some point but they didn't give up, rather they learn from their failures. The investor of light bulb failed 9999 times and only the 1000th times got him the result, a failed person is someone who gave up on something easily without trying over again and use his failure a lesson.

In conclusion, you shouldn't limit your knowledge to only learn successful people, also know what brought those failed one down and learn from their mistakes so you can avoid them.

[landheer]

Someone failed doesn't mean he isn't smart enough or the successful person is better than he or she, but the difference here is that, even the successful ones failed at some point but they didn't give up, rather they learn from their failures. The investor of light bulb failed 9999 times and only the 1000th times got him the result, a failed person is someone who gave up on something easily without trying over again and use his failure a lesson.

In conclusion, you shouldn't limit your knowledge to only learn successful people, also know what brought those failed one down and learn from their mistakes so you can avoid them.

Of course we can see the failure of others, and make it an example for us for the occurrence of such actions, that way we can know where the error occurred and can be concluded that failure is the best teacher to continue to be motivated by fixing the failure that occurred, with such enthusiasm we are required not to learn from successful people but rather focus on the achievements that we are currently undergoing first.

[Sticky Bomb]

How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

I listen to both. While these people that have experienced failures, they're not totally in a failed state because they only tell you what you don't want to hear. But just like the successful people, they also have some success stories to be told but they want you to listen how tough they've been through before they give you an idea on how they've done it. There is no nothing wrong in listening in both sides because in the end, what we will learn from them are a lot of things that we can apply to ourselves and help us grow.

In as much as I love listening to both parties, I have some reservation about those who failed and gave up on the pursuit of success. I know of one man who was very wealthy, but for one bad business decision and setup, lost all his wealth and got broke. He relocated to the village and continued as a vulcanizer and doesn't even do much to get back to his feet again. He's always bitter and seldomly associates anymore, it's more like he's given up. I wouldn't take much advise from  that kind of a person, rather I can comfortably take advise from a person who failed and is making visible efforts to rise again. That kind of a person is more of a motivation of never giving up than the former.

[rachael9385]

How do we see this. The idea of not taking advice from people who tried so hard in life and failed, and with those who were once millionaires but for some wrong decisions and mistakes they made led to the end of their wealth, making them go broke.

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

Having to learn about the mistakes and getting to hear their experiences that led to their failure (poverty after being rich previously) could be helpful. For not having the results (wealth) doesn't make them not have relevant experience to learn from to avoid making yours. You could learn in 5 minutes what someone used over 5 years to gain as experience in failure.

From a 6 minutes video I watched and felt the desire to share.

There's actually a lot of sense In this, we only focus on the results of successful people and neglect why others fail. Learning the reasons why people failed in a particular thing especially if it's something you are planning to do would give you an idea of what to do and what to avoid. People who fail and remain at that level have decided to quit so one significant lesson you must learn from them is to always keep pushing regardless of the number of times you have failed, but knowing why they had multiple failures can help you in journey to success.

[Lida93]

How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

I listen to both. While these people that have experienced failures, they're not totally in a failed state because they only tell you what you don't want to hear. But just like the successful people, they also have some success stories to be told but they want you to listen how tough they've been through before they give you an idea on how they've done it. There is no nothing wrong in listening in both sides because in the end, what we will learn from them are a lot of things that we can apply to ourselves and help us grow.

In as much as I love listening to both parties, I have some reservation about those who failed and gave up on the pursuit of success. I know of one man who was very wealthy, but for one bad business decision and setup, lost all his wealth and got broke. He relocated to the village and continued as a vulcanizer and doesn't even do much to get back to his feet again. He's always bitter and seldomly associates anymore, it's more like he's given up. I wouldn't take much advise from  that kind of a person, rather I can comfortably take advise from a person who failed and is making visible efforts to rise again. That kind of a person is more of a motivation of never giving up than the former.

I share your view about those who gave up along the way after experiencing some failures and succumbed remaining poor. It would be a miscarriage to get advice from such people because they would never advise you about being resilient and to never give up. My emphasis are on those who never gave up but kept on striving despite how many times they encountered failure not until age came down on them and they couldn't go on as it were in their prime.

[retreat]

We should be able to listen to advice from someone regardless of whether they are rich or poor, because if what the person says makes sense and is good for us in the future, then there is nothing wrong with taking advice from them. Because some time ago I took an online motorcycle taxi, the driver was an old man and the motorbike he owned was quite old, he asked me what my job was and we chatted during the trip, he gave me a lot of advice about his fall until he was left by his wife and many other things. The experiences and advice he shared were very valuable to me, because they are the values ​​of life and his story can be a reminder for me to avoid what he experienced.

[kotajikikox]

If you're looking for financial advice, the first category is the wealthy ones with tangible results, but you can see their track record of how they've evolved, for example, Mark Zuckerberg.

Blindly idolizing someone for who they are now without taking into consideration their background can be more discouraging than anything really. If you see someone being successful but you do not know that they have very wealthy parents who helped them, you might want to recreate the same success he has in the same amount of time but not with the same amount of resources and support. You can achieve the same success yes but it would not be as easy and you should not be too hard on yourself.

So, yes, I believe we all know who to seek advice from: that old man in your neighborhood who you know has heard a lot of experience. Then, there are the rich people with popular and public results. Equally, anyone you feel is just one step ahead of you or even on the same level with you, because no knowledge is wasted, and everybody has something to offer.

Yeah at the end of the day, we all have different goals and aspirations so no one can tell you who you should look up to. It all depends to who you feel the most inclined towards to.

[Juicyhome]

wealth comes as a result of hard work and long suffering, once you get this, then you won't jealous or envy anyone, or beef anyone who do not help you, Because legit wealth takes alot of time to build, alot of failure to endure. Show me any rich people that  hasn't experienced failure none, failure is the motivation behind wealth. If only you know how to make use of it, and never panic when you face challenges in your business. Always bear in mind that good things do not come easily you must go through hard time to enjoy soft time.

successful people, do not allow there past success  to limit them from taken risky, even when they fail they keep trying till they succeed. But a poor man will rather save money then to risky for business because of fear of failure. The bridge between the rich and poor is  failure and fear of risk.

[Oluwa-btc]

How do we see this. The idea of not taking advice from people who tried so hard in life and failed, and with those who were once millionaires but for some wrong decisions and mistakes they made led to the end of their wealth, making them go broke.

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

Well this things are in two ways and I think it's best to learn from both sides, it'll surely be of great help learning from a failure and one who's successful. I say this because most times we think it's just about learning what makes that great man successful but we fail to understand that he also went through some stages that must've caused him to failed or have made him kept trying over again so then when you learn form the person that has been a failure, you will know the steps the person took that resulted to his failures. This is why i loved the book rich dad and poor dad, you'll definitely learn how both parties think in different perspective but applying both will actually add to one success story.

[sana54210]

Definitely a good idea, however failures are a lot more detailed and personal compared to success which is just "hard work" to some.

You can find 10 of the richest people in the world, ask them how they got rich, and they will tell you how hard they worked, and not talk about the fact that they had daddies money helping them, or the networks their families had, or the power of one phone call could make a difference, or credit score being high because of being raised at a rich family, or the education and life they had helping them to be a better businessman from young age or any of the other million things we can say. Whereas, failed people all failed differently, so you will get unlimited amount of answers, won't be ever two of the same.

[Zlantann]

I share your view about those who gave up along the way after experiencing some failures and succumbed remaining poor. It would be a miscarriage to get advice from such people because they would never advise you about being resilient and to never give up. My emphasis are on those who never gave up but kept on striving despite how many times they encountered failure not until age came down on them and they couldn't go on as it were in their prime.

Learning from a failure doesn't mean that you should copy everything the person told you. All you need to do is to learn and get information about why he failed. It would now help you to plan how to avoid or overcome the problems he faced. I have been privileged to get valid advice from someone who thinks that starting a kind of business will not be profitable. I went back home after the discussion, did my research and discovered why he failed and today the business is doing just fine. The point is that you can learn from anybody but you have to do your own research..

[slapper]

wealth comes as a result of hard work and long suffering, once you get this, then you won't jealous or envy anyone, or beef anyone who do not help you, Because legit wealth takes alot of time to build, alot of failure to endure. Show me any rich people that  hasn't experienced failure none, failure is the motivation behind wealth. If only you know how to make use of it, and never panic when you face challenges in your business. Always bear in mind that good things do not come easily you must go through hard time to enjoy soft time.

successful people, do not allow there past success  to limit them from taken risky, even when they fail they keep trying till they succeed. But a poor man will rather save money then to risky for business because of fear of failure. The bridge between the rich and poor is  failure and fear of risk.

The "poor man" saving instead of risking? Perfectly rational given their context. Loss aversion is a fundamental principle of the human mind. The pain of losing $100 is far greater than the joy of gaining $100, especially when you're already close to the edge. It's not about "fear of failure" in some abstract, moralistic sense; it's about calculated risk assessment in the face of drastically different potential outcomes. Are the rich inherently better at judging probabilities? Or do they simply have a larger cushion to absorb the inevitable shocks? And is constantly taking new risk really a good thing for the soceity? Isn't the stability, which is promoted by not-risking people, a great value? And the fact that risk-taking people often take too much, unreasonable risk that is dangerous to society. So aren't those "poor" people sometimes are better for society as a whole? We are building a too simple cause-effect chain here

[2Pizza410000BTC]

How do we see this. The idea of not taking advice from people who tried so hard in life and failed, and with those who were once millionaires but for some wrong decisions and mistakes they made led to the end of their wealth, making them go broke.

Rather than the popular notion that if you want to grow and be successful then learn and take advice from persons you want to be like (who are still on money). How about having to learn also from both the successful and failure as an approach to ensure a right solid path to guarantee financial success.

Having to learn about the mistakes and getting to hear their experiences that led to their failure (poverty after being rich previously) could be helpful. For not having the results (wealth) doesn't make them not have relevant experience to learn from to avoid making yours. You could learn in 5 minutes what someone used over 5 years to gain as experience in failure.

From a 6 minutes video I watched and felt the desire to share.

Very few people have failed in life after trying a lot because efforts never go in vain, even if you try, you can definitely succeed. However, to be successful in life, you must try yourself, if you cannot try yourself, you will never reach the threshold of success. Yes, you can learn from any person, for example, a person was once very famous, he was a millionaire, but now he may not be as lucky as before, you can learn from him in life because he knows the strategy to reach the peak of success in life.

People are poor and suffer because of their actions and laziness. If a person works hard and works with his own strategy, he will never remain poor and helpless. I have seen many people around me who have worked hard in life and have made a lot of progress, so whatever you do, to be successful in life, you have to work hard and keep laziness away, only then you can enjoy the beautiful moments of life.

[Promocodeudo]

You know the saying OP, that no one is a monopoly of knowledge, I believe that the same thing goes for information too because it’s from information we gain knowledge. So, everyone has one or two things to teach or contribute to others in order to help them make better choice, regardless of their present or past financial status. Even those who have been poor and are still poor or somewhere around the middle class still have things to teach others.

I think you're very right in this, for me I will say that we all need each other to grow financially and otherwise, learning is a process so I think the process comprises both the information we gather from people and the one we dig out personally and that's what helps us to make good decision on the steps to follow so that we won't be victim of circumstances but the truth is we can't also dispute what the op is saying, we can actually learn from people that has a story to tell about their countless failed attempt or even total failure itself, individuals can also learn from their failure but my problem with learning from past mistakes is that you may not actually make it right as it is before because most times lost opportunities can never resurface for reason best known to nature.