I've been brainstorming a crazy idea for the past two weeks, and at the back of my mind it feels like I might just fail, I have this premonition that I might, but I've been constantly doing some research, trying to better my chances of doing better.
If I succeeded it'll be really great and I can't imagine all the possibilities that can become a reality, but then failure is real and it can become the situation.
I have called someone to work with me on the ideas I'm pushing, but someone I'm not sure if they'll have enough time to also work with me on my "crazy idea". I've called someone before now and they didn't seem to be interested.
The problem is that this idea is high risk. You need to give in money, time, research and effort and still may not come out with anything tangible. People don't like uncertainty. Sometimes we like starting ventures with higher chances of success.
This is fine.
Time is money, people have goals, bills to be paid, needs to me met and no one wants to actually waste time on anything that might not yield dividends.
I've been on a money making venture with a few people about a years ago, I messed it up and these people were left with huge losses in time, moment and effort and I couldn't pay them back for everything they lost.
So basically it's better to have someone who understands that there's a 50% chance that failure is possible and they're willing to live with it. However the 50% chance that success happens changes everything.
This is why there is no such thing as ordinary luck. People get lucky when they take risk, or end up unlucky when they also do. The difference is that you're in one place when you don't try anyway.
A lot of people aren't willing to invest in places where there are no guarantees. This is the biggest problems of most startups as well. No one believes it can work even before it does.
This is why they get less backers and not a lot of investors willing to commit. No matter the prospects of something, when there are no guarantees this takes away 80% of whatever support you might get.
Dream big
I understand this, I'm a man of big dreams, but some of my dreams have messed me up big time, but some of them is why I've been able to stay afloat and I like to always dream.
Unfortunately I cannot bring some of my dreams to reality, unfortunately this is the biggest problem with not having a lot of alliances, acquaintances or friends.
Partnerships In life
Partnerships are how we scale, and continuity of progress depends on how loyal, selfless and considerate a partner is. I'm not talking about married people who became partners, this is also possible.
I'm talking about the type where different people puts those skills on the table and make money for the the betterment of everyone. Available partnerships in life is a blessing we must appreciate and not abuse, turns out we cannot do life alone, including making money.
It sounds like you've learned some hard lessons from the past, and those lessons are actually your biggest assets for this new venture. Good luck with the research!
Yes, I have learned, I think I'll keep learning it's life and sometimes it doesn't work the way we want it.
Everything has their own risk, and everyone has different different tolerances. It would be best if you can find someone, but I think you will do fine since you are always thinking things through. If you keep trying, something will work out eventually.
Yeah, I know, but I think this time, I sure do need someone who can actually think through things as well, as I've been making countless mistakes on my end as well
Who never risks never earns, I'm fairly sure also Jobs or Gates took their risks, there's no big gain without risk... It's important to work with people that share your ideals and want to try the journey togheter
Yes, recently I've not had a lot of these people in my life, I think it has to do with the fact that a lot of people are involved in hustles that makes it hard for them to have enough time for any other thing
People get started in some projects, and failed that doesn't mean that there is no future ahead. However, you got to know the difference between patients for success and total waste of time and resources.
Yes, true indeed, but a lot of people do not want to wait for failures to turn success
Failure is success 🙂 because they always come before the actual success. I have lost lots of money trading the market, when I first started, I didn't give up. I learned day and night reading 280 trading psychology books and trading text books out of a burning passion for success, until I found my way, leading to my first and second books I wrote on trading: "Becoming a successful trader" and "70 pips daily".
If you do not begin, then You are probably so fearful of success. And if you are scared of failure, then You are already sitting on failure.
If you have done it already without failing, then you probably haven't started yet.
Did you finally become the trader you wanted?
Yes!
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