99% of Everyone Fails. Why Those Statistics Don’t Matter

Have you ever had an idea to try something new, start a business, do things differently? As soon as you talk to someone else about your plans, most of the time all you get is negative responses. They tell you about how it’s impossible, not practical, not realistic, and all the other reasons that they couldn’t do it themselves. People are stupid. That’s the reason they don’t understand you. I’ve noticed the same common attributes in most people including that they don’t want it. They lack drive and motivation. They don’t do anything to level up. They don’t seek ways to improve their lives. They don’t read books. Most people fail at becoming successful because they don’t do those things. Another common response is, “if it were that easy, everyone would do it.” This is not a true statement because the reality is that it is that easy but nobody does it. How easy is it to read a book? Very easy. How many people read books? Not many and it shows. If you really want something you will go and get it. Want money? Go get it. Want success? Go create it. Don’t settle for a life of scarcity like everyone else.

I have big dreams because I believe that if it’s been done once, then I know it can be done. I don’t have to listen to people who have not achieved what I’m trying to achieve. The system that we live in is not always fair. That’s true. The system that we live in makes it hard to get ahead. Also true. The system that we live in also offers many ways and incentives to get ahead if we participate in specific activities. Very true.

Statistics don’t matter. Most people fail at becoming successful because most people complain about their lives and don’t do anything about it. The government has provided ways for anyone to get ahead. It’s just a matter of acquiring this knowledge that you will not be taught in school. While working your job, you can still run an online or physical business, invest in stocks or ETFs that pay dividends to supplement your income, invest in rental properties to supplement your income, or start a side hustle.

Investing in stocks or ETFs can provide potential long-term growth as well as regular dividends or other payouts. I personally invest in FZROX every month in my Roth IRA. This fund invests in the total stock market which gains around 10% per year over a long time period and the Roth IRA allows me to withdraw all my gains tax-free when I reach age 59 1/2. I also have a taxable brokerage account in which I invest in dividend-paying ETFs such as JEPI to supplement my current income with dividends. This fund pays around 11% per year in dividends and pays monthly.

A successful business can provide ongoing income and potential for growth. There are many types of businesses, some with employees and some without. Personally, I am a barber and I can either make money by renting a chair, working on commission, or owning my own barbershop. Each of these options will require many of the same skills and motivation. Just find something you are passionate about and turn it into a business.

Owning rental properties can provide a steady stream of income as well as future appreciation in value. Owning rental properties may also offer may tax incentives. Owning real estate for business purposes has many benefits that you will not get from just owning the home you live in. If you are interested in learning about investing in real estate I encourage you to head over to biggerpockets.com.

Investments in rental property, dividend-paying stocks, or other sources of passive income can provide ongoing income without requiring ongoing effort. Remember that statistics don’t matter. There is a reason for that statistic. Don’t let yourself become a statistic. The reason for most people staying average is that they do not apply the information they just learned. Don’t listen to your peers who have not achieved anything. Surround yourself with people who can help you grow and motivate you.

Thanks for reading and make sure to follow me on twitter @yancarlosblendz and on instagram @investingforincome