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Have you had the opportunity to read the book ‘Think & Grow Rich’?

If you’re a frequent reader of Wealthy Gorilla, then chances are you have already delved into this book!

Authored by Napoleon Hill, Think & Grow Rich is widely regarded as one of the top self-development books of all time.

This book imparts the 13 principles for transforming your desires into wealth and is filled with numerous valuable insights that can help you revolutionize your life…

 

The 30 Major Causes of Failure

One of the chapters in Think & Grow Rich by Napoleon Hill outlines the 30 major causes of failure. These are the factors contributing to why 99% of individuals are struggling in their lives.

The purpose of spotlighting and elucidating these ‘major causes of failure’ within this article is to illustrate the reasons behind people’s failures and provide insights on how to avoid making similar mistakes in your own life.

Here are the 30 major causes of failure as delineated by Napoleon Hill:

 

1. Unfavourable Hereditary Background

This is listed first as it is deemed one of the most challenging issues for individuals to overcome, according to Hill.

This essentially indicates that some people may not possess natural intelligence and lack certain cognitive abilities. They can put in all the effort to enhance their knowledge and become more intelligent, but they are still at a disadvantage.

 

2. Lack of a Well Defined Purpose in Life

If you lack a clear goal that you are striving to achieve, a purpose that you are working towards, success may elude you. Without a target to aim for, your direction remains ambiguous.

 

3. Lack of Ambition to Aim Above Mediocrity

There are various reasons why individuals may lack the ambition to strive beyond mediocrity. It could be due to laziness, comfort, privilege, or a disbelief in “success.”

If you do not aspire to reach higher, you will inevitably settle for average. Consequently, you will fall short of achieving anything beyond mediocrity.

 

4. Insufficient Education

Another key cause of failure is inadequate education. However, this does not solely refer to a lack of formal education during childhood and adolescence.

In many instances, formal education may be lacking in certain regions. Nonetheless, a significant issue arises when individuals complete their formal education and believe they have acquired all necessary knowledge.

Specialized knowledge is imperative for one’s career and can only be attained through on-the-job experience and continuous learning outside of work hours. Simply showing up to work daily is insufficient for educational growth.

 

5. Lack of Self-Discipline

Achieving success is no easy feat. It demands considerable discipline to consistently dedicate oneself to a task until success is attained.

Developing productive habits is essential to maximize each day’s potential, thereby enhancing productivity over time.

 

6. Ill Health

Good health is indispensable for enjoying success. Poor health can impede one’s progress towards achieving success in the first place.

Factors contributing to ill health include:

• Lack of exercise
• Excessive consumption of unhealthy foods
• Unhealthy daily habits
• Excessive engagement in sexual activities

 

7. Unfavourable Environmental Influences During Childhood

In many cases, people fail due to the environment they were raised in, such as inadequate parenting, unfavorable neighborhoods, or being born into impoverished families.

While such circumstances are challenging, many individuals allow these factors to dictate their future. However, it is crucial to recognize that change is possible, regardless of the circumstances.

 

8. Procrastination

Many individuals harbor dreams but tend to procrastinate when it comes to taking action. They wait for the ‘perfect time’ or until they feel fully ‘prepared.’

However, time passes by, and their dreams remain unfulfilled. The truth is, there is never a perfect moment to commence working towards your goals. It is imperative to overcome procrastination and instill a sense of urgency in your life.

 

9. Lack of Persistence

Without persistence, progress is unattainable. Persistence becomes challenging when one does not witness immediate results from their hard work.

Ultimately, persistence is the cornerstone of success. Every successful individual has encountered failures, but their persistence propelled them to rise above setbacks and avoid enduring failure.

 

10. Negative Personality

Individuals who habitually complain but fail to take action or assert that they cannot accomplish certain tasks contribute to their own downfall.

Negative thinking breeds a negative life. Altering a negative mindset to a positive one should be a top priority as negativity is a significant cause of failure.

 

11. Lack of Controlled Sexual Urge

Though many may deny its impact, the sexual drive has a potent influence on one’s actions compared to other forms of energy.

Excessive focus on this aspect may lead to distractions and detract from one’s goals.

 

12. Uncontrolled Desire for ‘Something for Nothing’

Have you encountered individuals seeking rewards without contributing to the success of others?

Believing that success can be achieved without aiding others is a significant misconception. Success is derived from benefiting others. Every successful business prospers by providing value to its customers.

 

13. Lack of a Well Defined Power of Decision

Hill emphasizes that adept decision-makers make quick decisions and alter them gradually, as opposed to the reverse. The ability to swiftly make decisions is crucial for success.

Without the capacity to make decisions, establishing a business becomes unfeasible. Since we make countless decisions daily, this skill is fundamental.

 

14. One or More of the Six Basic Fears

In Think & Grow Rich, Hill also outlines the six basic fears inherent in all individuals. These fears include:

1. Fear of poverty
2. Fear of criticism
3. Fear of ill health
4. Fear of loss of love
5. Fear of old age
6. Fear of death

Possessing one of these fears can contribute to failure. It is essential to remember that death is inevitable, thus these fears should not impede you from living your ideal life.

 

15. Wrong Selection of a Mate in Marriage

Your marital choice can have a significant impact on your career. A supportive and harmonious marriage can enhance your professional performance.

Conversely, a turbulent relationship can hinder your work productivity. Hence, it is imperative to select your life partner wisely.

 

16. Over-Caution

To achieve substantial success, one must take risks. Playing it safe will only get you so far. Risks are often necessary, and while they may not always yield positive outcomes, they are essential for growth.

Individuals who are excessively cautious and unwilling to venture into the unknown often face failure.

 

17. Wrong Selection of Associates in Business

The choice of business associates can significantly impact one’s success. Collaborating with individuals lacking essential qualities may lead to poor decision-making, jeopardizing the hard work invested in the business.

Thus, it is crucial to choose business associates wisely.

 

18. Superstition & Prejudice

Superstition often hampers one’s mindset. For instance, individuals who doubt their achievements may miss out on opportunities.

An example of this is seen in the case of Tai Lopez, who occasionally gifts cars. Some recipients doubted the authenticity of their win, resulting in the car being awarded to someone else.

 

19. Wrong Selection of a Vocation

Making the wrong career choice is a common pitfall. If your occupation does not evoke passion and enthusiasm, it may not be the right fit.

Yet, a vast majority of individuals dread Mondays due to their aversion towards their jobs. They merely endure their work to receive a paycheck. This mindset remains perplexing.

Discover a vocation that ignites your passion.

 

20. Lack of Concentration of Effort

Do you know the average human attention span?

It is remarkably short. Hence, sustaining focus on a task for an extended period is exceptionally challenging, especially if the task is uninspiring.

 

21. The Habit of Indiscriminate Spending

Do you frequently purchase unnecessary items?

How much return has that new TV generated for you? None? Ponder on this when considering investing in yourself rather than frivolous expenditures.

The distinction between the affluent and the impoverished lies in investing rather than squandering money.

 

22. Lack of Enthusiasm

Enthusiasm is a critical element for success in any endeavor. Without genuine passion for your work, achieving long-term success becomes unattainable.

Individuals solely motivated by monetary gains will never find lasting success. Pursuing money over passion leads to premature abandonment of tasks before achieving success.

True passion entails a daily commitment, irrespective of financial gains or setbacks.

 

23. Intolerance

A quality every successful entrepreneur must possess is open-mindedness. Being receptive to new ideas, divergent perspectives, and diverse individuals is essential.

Intolerance towards others’ ideas can tarnish your reputation, especially if those individuals are colleagues or business associates.

 

24. Intemperance

Similar to intolerance, intemperance is a major cause of failure. Excessive anger can alienate people and impede productivity.

 

25. Inability to Cooperate With Others

Collaboration is inevitable as every business revolves around people. Failure to cooperate with others can severely limit your progress.

The key to achieving your goals is assisting others in achieving theirs. This is unattainable for individuals unwilling to collaborate.

 

26. Possession of Power Not Acquired Through Self-Effort

Individuals bestowed with power without earning it themselves are destined to fail.

They lack essential habits and skills required for attaining power and likely lack the experience and knowledge necessary for its effective utilization.

Individuals acquiring power without effort are unable to wield it properly and should not be entrusted with it.

 

27. Intentional Dishonesty

Whether deceiving oneself or others, dishonesty has repercussions. Lack of honesty erodes trust, making collaboration difficult and hindering personal growth.

The foundation built on dishonesty is precarious.

 

28. Egotism & Vanity

Ego impedes self-improvement and collaboration. Stubbornness and refusal to acknowledge errors or collaborate with others can hinder progress.

Many individuals overestimate their importance, hindering collaboration.

 

29. Guessing Instead of Thinking

Individuals who guess instead of thinking increase the likelihood of failure. Engaging in debates without conducting research leads to baseless assumptions.

Avoid adopting this mindset and prioritize critical thinking over guesswork.

 

30. Lack of Capital

Finally, inadequate capital ranks as the 30th major cause of failure. Money is often a hurdle for individuals with dreams and aspirations, particularly in establishing their desired businesses.

Individuals with sound business plans may attract investors or commence operations on a smaller scale with reduced costs.

 

Summary

Here is a summary of the 30 major causes of failure from Think