personal development on Financial Loss

Many years ago a senior executive of the then Standard Oil Company made a wrong decision that cost the company more than $2 million. John D. Rockefeller was then running the firm. On the day the news ...

Anyone who lives within their means suffers from a lack of imagination.

The novel Martin Chuzzlewit , written by Charles Dickens, is one of his least successful works, though Dickens himself commented to a friend that he believed it was his greatest work up to its pu...

Sometimes the best gain is to lose.

Often we become apathetic in our lives until we face a severe storm. Whether loss of a job, health crisis, loss of a loved one, or financial struggle; God often brings storms into our lives to change ...

… Larry Laudan, a philosopher of science, has spent the last decade studying risk-management. He writes of how we live in a society so fear-driven that we suffer from what he calls risk-lock – a condi...

The risk of a wrong decision is preferable to the terror of indecision.

In The Last Arrow, Erwin McManus shares the story of Mark Floyd, a businessman who convinced investors to place $20 million dollars in an investment that ultimately failed. Instead of crawling into a ...

“We learn from failure, not from success!”

How shall my heart be reconciled to its feast of losses?

Failure is not an event, but rather a judgment about an event. Failure is not something that happens to us or a label we attach to things. It is a way we think about outcomes.

We cannot afford to forget any experience, not even the most painful.

One of the reasons failure can be so crushing is that we set goals of success, instead of improvement and learning.

Money can extinguish intrinsic motivation, diminish performance, crush creativity, encourage unethical behavior, foster short-term thinking, and become addictive.

Time is lost when we have not lived a full human life, time unenriched by experience, creative endeavor, enjoyment, and suffering.

Unable to value, unable to enjoy.

The vulnerability that leads to flourishing requires risk, which is the possibility of loss—the chance that when we act, we will lose something we value. Risk, like life, is always about probabilities...

The second lesson this group of new believers has shown us is that the postmodern path to faith is organic. Lostness, of course, looks different depending upon your perspective and personality. It is ...

Our business in the world is not to succeed to but to continue to fail in good spirits.

My friend Wendy calls the incremental disappointments we endure over the years “the slow leak of life.”

I shall look at the world through tears. Perhaps I shall see things that dry-eyed I could not see.

We can prostitute our very souls in our attempts to be successful. We can sell out, cave in and go morally bankrupt chasing the god of success. Knowing this perilous potential, Jesus himself warns us ...

As somebody once said, there’s a difference between a failure and a fiasco. A failure is simply the non-presence of success.

Flight Attendant Steve: “You have three seconds to get back to your seat. Annie: No one can get anywhere in three seconds. You’re setting me up for a loss already.”

There is no growth without change, no change without fear or loss and no loss without pain.

If we walk away from risk to keep ourselves safe, we will waste our lives.

Evading self-acknowledgment of our faults enables us to avoid painful moral emotions: guilt and remorse for harming others; shame for betraying your own ideals; self-contempt for not meeting even our ...

When people fail, we are inclined to find fault with them, but if you look more closely, you will find that God had some particular truth for them to learn, which the trouble they are in is to teach t...

Tom Watson, Sr., is the man who founded IBM. You can imagine the money, the investments, the experiments, this man, and his multi-billion dollar company have made through the years. Once, years ago, w...

We make the grave error of redefining partial success as “failure."