Richard Branson: Failure Is The Secret To Success

I recently hosted the annual Sunday Times Fast Track 100 event at my Oxfordshire home. It brings together leaders from the 100 fastest-growing private companies in Britain, a number of other leading entrepreneurs and a few aspiring entrepreneurs from the Branson Centre for Entrepreneurship in Johannesburg and from the British government's Start-Up Loans Scheme, which Virgin administers.

We spent the day listening to each other and sharing stories of achievement and innovation. There was lots of laughter and some great conversations. Looking at the people gathered around our dinner table, I had a wonderful opportunity to reflect on what makes a successful entrepreneur. I found myself going back to basics: the three key attributes that can make a real difference to a person's career.

While I've touched on these points before, some of the entrepreneurs' stories highlighted them in new ways. If you have these basics down, you can give your risky idea a go with the confidence that you're prepared to ride out any trying times ahead.

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Why We All Have Fear of Failure

By Tellman Knudson, CHT / Creator of 
The Wealth Switch Hypnosis Session

Sure, fear of failure affects lots of people. But how about you? Let’s start off by taking a short quiz.

Answer each question below honestly:

• Do you ever put off doing something because you’re “not sure how it will turn out”?
  
• Do you avoid situations where you will have to try something new in front of people?
  
• Have you ever put off doing something you know will improve your life, even though you have “no good reason” not to do it?

If you answered “yes” to one or more of the above questions, you’re not alone. Most people are in this self-defeating boat with you. But there is a way to get out.

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