you’re going to go broke, go big.’ You don’t want to admit you went broke
over a duplex.”
He constantly told Mike and me that the greatest reason for lack of
financial success was because most people played it too safe. “People are so
afraid of losing that they lose” were his words.
Fran Tarkenton, a one-time great NFL quarterback, says it still another
way: “Winning means being unafraid to lose.”
In my own life, I’ve noticed that winning usually follows losing. Before
I finally learned to ride a bike, I first fell down many times. I’ve never met
a golfer who has never lost a golf ball. I’ve never met people who have
fallen in love who have never had their heart broken. And I’ve never met
someone rich who has never lost money.
So for most people, the reason they don’t win financially is because the
pain of losing money is far greater than the joy of being rich.
Another saying in Texas is, “Everyone wants to go to heaven, but no
one wants to die.” Most people dream of being rich, but are terrified of
losing money. So they never get to heaven.
Rich dad used to tell Mike and me stories about his trips to Texas. “If
you really want to learn the attitude of how to handle risk, losing, and
failure, go to San Antonio and visit the Alamo. The Alamo is a great story
of brave people who chose to fight, knowing there was no hope of success.
They chose to die instead of surrendering. It’s an inspiring story worthy of
study. Nonetheless, it’s still a tragic military defeat. They got their butts
kicked. So how do Texans handle failure? They still shout, ‘Remember the
Alamo!’”
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