CHAPTER LXV

WHY SOME SUCCEED AND OTHERS FAIL

Life's highway is strewn with failures, just as the sea bed is strewn with wrecks.

A large percentage of those who embark in commercial undertakings fail, according to the records of commercial agencies.

Why do men fail? Why do adventures into business, happily launched, terminate in disastrous wreck? Why do the few succeed and the many fail? Some failures are relative and not absolute; a partial success is achieved; a success that goes limping along through life; but the goal of ambition is unreached, the heart's desire unattained.

There are so many elements that enter into business that it is impossible to more than indicate them. Health, natural aptitude, temperament, disposition, a right start and in the right place, hereditary traits, good judgment, common sense, level-headedness, etc., are all factors which enter into one's chance of success in life. The best we can do in one chapter is to hang out the red flag over the dangerous places; to chart the rocks and shoals, whereon multitudes of vessels, which left the port of youth with flying colors, favoring breezes and every promise of a successful voyage, have been wrecked and lost.

The lack of self-confidence and lack of faith in one's ideas in one's mission in life have caused innumerable failures.

People who don't get on and who don't know why, do not realize the power of trifles to mar a career,

what little things are killing their business or injuring their profession; do not realize how little things injure their credit; such as the lack of promptness in paying bills, or meeting a note at the bank.

Many men fail because they thought they had the field and were in no danger from competition, so that the heads of the firm took it easy, or because some enterprising up-to-date, progressive young man came to town, and, before they realized it, took their trade away from them, because they got into a rut, and didn't keep up-to-date stock and an attractive store.

They don't realize what splendid salesmen, an attractive place of business, up-to-date methods, and courteous treatment of customers mean.

Men often fail because they do not realize that creeping paralysis, caused by dry rot, is gradually strangling their business. Many business men fail because they dare not look their business conditions in the face when things go wrong, and do not adopt heroic methods, but continue to use palliatives, until the conditions are beyond cure, even with a surgeon's knife.

Lots of men fail because they don't know how to get rid of deadwood in their establishment, or retain non-productive employees, who with slip-shod methods, and indifference drive away more business than the proprietors can bring in by advertising.

Many other men fail because they tried bluff in place of capital, and proper training, or because they didn't keep up with the times.

Lots of young people fail to get ahead and plod along in mediocrity because they never found their place. They are round pegs in square holes. Others are not capable of coping with antagonism. Favoritism of proprietors and managers has killed many a business. A multitude of men fail to get on because they take themselves too seriously. They deliver their

goods in a hearse, employ surly, unaccommodating clerks. Bad business manners have killed many a business. Slave-driving methods, inability to get along with others, lack of system, defective organizing ability, have cut short many a career.

A great many men are ruined by "side-lines " things outside their regular vocation. Success depends upon efficiency, and efficiency is impossible without intense, persistent concentration. Many traveling men think that they can pick up a little extra money and increase their income by taking up some " side-line." But it is always the small man, never the big one, who has a side-line." Many of these men remain small, and are never able to rise to a big salaried position because they split up their endeavor, dissipate their energy. "Side-lines" are dangerous because they divert the mind, scatter effort, and nothing great can be accomplished without intense concentration.

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Many people are always driving success away from them by their antagonistic manner, and their pessimistic thought. They work for one thing, but expect something else. They don't realize that their mental attitude must correspond with their ambition; that if they are working hard to get on, they must expect prosperity, and not kill their prospects by their adverse mental attitude—their doubts and fears.

Lots of men are ruined by "a sure thing," an inside tip, buying stocks on other people's judgment.

Many people fail because they lose their grit after they fail, or when they get down, they don't know how to get up. Many are victims of their moods, slaves of despondency. Courage and an optimistic outlook upon life are imperative to the winner. Fear is fatal to success. Many a young man fails because he can not multiply himself in others, can not delegate his work, is lost in detail. Other men fail in an attempt to build up a big business; their minds are not

trained to grasp large subjects, to generalize, to make combinations; they are not self-reliant, depending upon other people's judgment and advice.

Many a man who works hard himself, does not know how to handle men, and does not know how to use other people's brains.

Thousands of youths fail to get on because they never fall in love with their work. Work that is drudgery never succeeds.

Fifty years ago, a stable-boy cleaned the horses of a prosperous hotel proprietor, who drove into Denver for supplies. That boy became Governor of Colorado, and later the hotel-keeper, with shattered fortunes, was glad to accept a place as watchman at the hand of the former stable-boy.

Life is made up of such contrasts. Every successful man, in whatever degree and in whatever line, has, at every step of his life, been on seemingly equal terms with hundreds of his fellows who, later, reached no such measure of success as he. Every miserable failure has had at some time as many chances, and at least as much possibility of cultivating the same qualities, as the successful people have had at some time in their lives.

Since humble birth and handicaps of every sort and degree have not prevented success in the determined man; since want has often spurred to needed action and obstacles but train to higher leaping, why should men fail? What causes the failures and half-successes that make up the generality of mankind?

The answer is manifold, but its lesson is plain. As one writer has expressed it, "Every mainspring of success is a mainspring of failure, when wound around the wrong way." Every opportunity for advancement, for climbing for success, is just as much an opportunity for failure. Every success quality can be turned to one's disadvantage through excessive development or

wrong use. No matter how broad and strong the dike may be, if a little hole lets the water through, ruin and disaster are sure. Possession of almost all the success-qualities may be absolutely nullified by one or two faults or vices. Sometimes one or two masterful traits of character will carry a person to success in spite of defects that are a serious clog.

The numerous failures who wish always to blame their misfortunes upon others, or upon external circumstances, find small comfort in statistics compiled by those who have investigated the subject. In analyzing the causes of business failure in a recent year Bradstreet's found that seven-tenths were due to faults of those failing, and only three-tenths to causes entirely beyond their control. Faults causing failure, with per cent. of failures caused by each, are given as follows: incompetence, 19 per cent. ; inexperience, 7.8 per cent.; lack of capital, 30.3 per cent.; unwise granting of credit, 3.6 per cent.; speculation, 2.3 per cent. It may be explained that "lack of capital" really means attempting to do too much with inadequate capital. This is a purely commercial analysis of purely commercial success. Character delinquencies must be read between the lines.

Forty successful men were induced, not long ago, to answer in detail the question, "What, in your observation, are the chief causes of the failure in life of business or professional men?" The causes attributed by these representative men were as follows:

Bad habits; bad judgment; bad luck; bad associates; carelessness of details; constant assuming of unjustifiable risks; desire to become rich too fast; drinking; dishonest dealings; desire of retrenchment; dislike to say no at the proper time; disregard of the Golden Rule; drifting with the tide; expensive habits of life; extravagance; envy; failure to appreciate one's surroundings; failure to grasp one's opportunities; fre