There is something called "Success bias" or something like that. The idea is that though successful people and endeavors are only a very small percentage of all efforts we hear about them much more than about the failures. There are many reasons for this. One of the main reasons is of course the fact that people prefer to boast about their success than admit publicly their failures. Another reason is that the people who failed are gone. For example, if you ask which is the average return of an investment fund today you will get an answer. But that answer does not take into account all the funds that have gone bust over the years; it will only refer to the funds that are still in the game today, which in order to survive are less or more successful. The "success bias" is present everywhere. Everyone hears how the champions became champions, but nobody hears the story of the millions of guys who tried hard and ultimately failed.
IM is full of failures. And if you are worth your salt you should know it from first hand already. I believe one of the reasons for so many failures (which nobody talks about) is that IM is promoted by some like a more elaborate get rich quick scheme. Like in every such scheme (from Multi-Level Marketing to forex trading) there are many thousands of people who lose money for every few who actually make money.
I don't mean that everyone who fails is a loser who was taken for a ride. I'm just frustrated by the fact that we get the wrong idea about how hard and rare it is to succeed in IM. And yes, failure can be good. It should not stop you from trying. Even the best fail. So go ahead and share your failure story. We may learn from it much more than all the 5 and 10K$ a month success stories posted all over the web.
IM is full of failures. And if you are worth your salt you should know it from first hand already. I believe one of the reasons for so many failures (which nobody talks about) is that IM is promoted by some like a more elaborate get rich quick scheme. Like in every such scheme (from Multi-Level Marketing to forex trading) there are many thousands of people who lose money for every few who actually make money.
I don't mean that everyone who fails is a loser who was taken for a ride. I'm just frustrated by the fact that we get the wrong idea about how hard and rare it is to succeed in IM. And yes, failure can be good. It should not stop you from trying. Even the best fail. So go ahead and share your failure story. We may learn from it much more than all the 5 and 10K$ a month success stories posted all over the web.
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