Overcome The Fear Of Failure In Business

Overcome The Fear Of Failure In Business – This Is Vital For Success

When we embark on a new business like Affiliate Marketing, we know there are no guarantees. Our results will be based on our own efforts. The buck stops here. This creates an aura of fear.

What if we fail? Dare I say that in our lives there are other fears that are more daunting?

In his final chapter on Think and Grow Rich, Chapter XV, Napoleon Hill brings up the following 6 fears that he has captured in its title, “The Six Ghosts Of Fear.” The tagline to this chapter encapsulates its meaning:

“Take Inventory of Yourself. As You Read This Closing Chapter, and Find Out How Any of the “Ghosts” Are Standing In Your Way.”

When you read to the end, I will provide you with a link to get a complimentary copy of the Think and Grow Rich eBook.

The 6 Ghosts Of Fear

The 6 Ghosts of Fear

Here is the list of the Six Ghosts Of Fear. Can you relate to any of them?

  1. Poverty
  2. Criticism
  3. Ill Health
  4. Loss of Love of Someone
  5. Old Age
  6. Death


Let’s look at the first one. Fear of Poverty. Isn’t this one of the reasons we as entrepreneurs want to take charge of our financial future? There are many roads to reach financial independence. Affiliate Marketing is one of them.


How do you feel when you are criticized? This is a big fear for all of us. Nobody likes to be told we are falling short in our responsibilities.

However, it also depends on how that criticism is applied. I am a member of Toastmasters International where we learn to become speakers through effective speech evaluations. The evaluators are taught how to provide criticism in a constructive and non-threatening manner. The main objective of a speech evaluation is to uplift and inspire the speaker to improve their speaking skills. Not to put them down.

People are human and have failings. When you receive caustic criticism, look within to see if it is justified. And if it is, consider this an opportunity for improvement. Try to ignore the caustic approach of the giver otherwise that will make a bad situation worse.

Ill Health

In this COVID-19 Pandemic era, ill health is at the focus of our daily lives. If we do not take precautions, getting the virus that can make us very ill can occur. Especially if we have underlying health conditions that could endanger our lives, or at best, our long term health.

This Pandemic has made us retool how business is done using social distancing, using masks and the frequent washing of hands. But what better a time to start an online business where you help customers make a buying decision through product reviews! Being able to conduct our businesses at home using our computers gives us a major advantage. It behooves us to lean everything we can to take advantage of this opportunity.

Loss of Love

Losing the love of someone can also distract us from our business. Taken to its worst conclusion, it can even make us give up on life. That is one of the reasons to read Think and Grow Rich and any other self motivational books to help us separate our feelings of loss to that of gain through ones business.

Old Age and Death

The last two fears are inevitable. We all get old. Eventually we all will die. That is a given. So why focus on these inevitable conditions? As long as we can stay healthy, we have every reason to be optimistic and use our businesses to keep us rejuvenated.

Think of all the people live’s you can make better through the products and services you promote. In business, no matter what it is, we have a noble responsibility to enhance the lives of others. When we do that well, we are rewarded. And often, handsomely.

No matter what your age is, do not let that create fear.

The Importance Of Effective Training

Effective TrainingWhen we make a decision to use Affiliate Marketing as a vehicle to create wealth, we have to recognize the need to get trained effectively. As well as have access to the tools, website building and hosting functions that are vital to this business.

My initial exposure to Internet Marketing, which is what it really is, was dismal. I searched online to learn how to do this. I fell down a rabbit hole that sucked money from me with no end in sight.

When you read my story via the About Me menu, you will lean the path I took that eventually led me to the training platform where I am happy to use today to build my Affiliate Marketing business. The company is called Wealthy Affiliate. It is a place where members communicate with other members and help each other. The founders, Kyle and Carson, have instilled a culture of paying it forward.

If members have a problem, help is always available. This is one of the best benefits of being a member.

The Act of Helping Others Freely

Helping OthersOne of the ways we can help others is to write blogs where we can share solutions to problems. When I first started reading Think and Grow Rich in March 2020, I was hooked and asked myself, why don’t I start a blog series of posts to share the lessons taught in this book with the members?

I embarked on a 15-week project where I published one blog post each Sunday addressing each of the chapters. My first blog introduced the book itself. I asked members if they would like to read a chapter a week and share their thoughts in the discussion area below each blog post. The response was incredible. Many members saw this as an opportunity to form a Master Mind group.

After that series ended, I decided on a related project on my website. With a twist! In each of these blog posts I share the link to the more in depth book study of the respective chapter on Weathy Affiliate. Like my Wealthy Affiliate series, I created an introductory post on this website where I have placed links to all the following blogs on this book. Here is that link:

What Is The Think And Grow Secret – Can It Work For You?

Click the picture below to access the related blog post on Wealthy Affiliate. While reading the book study review on the Wealthy Affiliate platform, please also read what the members shared in the discussion area located below the blog post. Valuable lessons can be learned through the shared experiences of others.

The Six Ghosts Of Fear

As promised, here is the link for your  Think and Grow Rich free eBook

Last Blog Post on Think and Grow Rich

Think and Grow RichI hope you found these 15 articles that shared the lessons of Think and Grow Rich engaging and helpful. When you read the book the underlying SECRET will jump out at you when you are ready to receive it.

That was one of the objectives of Napoleon Hill. He never ever came out and stated what the secret was. He felt that we would benefit from it more effectively if we discovered it by ourselves.

Here’a clue. The secret is hidden in every chapter. Hence, different readers can discover it in different places. I found it very amusing that Napoleon delighted in playing games with his readers.

If you decide to take advantage of the free offer to become a starter member of Wealthy Affiliate, I will be happy to be your guide and mentor. Perhaps we could also be part of a Master Mind group.

It has been my pleasure to share the lessons learned in Napoleon Hill’s book, Think and Grow Rich.

I wish you much success in your Affiliate Marketing journey and in life itself.



11 thoughts on “Overcome The Fear Of Failure In Business – This Is Vital For Success”

  1. Although the topic is very intoxicating for lack of better words, I an interested in the book and you post. 

    I’m already a member of the WA and I might come to you in the future and tap into your knowledge as my site isn’t delivering any income so far at all.

    I’ve thought about changing over in the past only to have Kyle curve me off of it. But I’m needing some income so it may not be very far in the future.

    Thank you for this post. It’s very informative and of interest to me.    

    1. Bill, 

      Thanks for your insightful comments. Glad that you liked my post. 

      Regarding your timing to earn an income, how many years have you been working your affiliate marketing business? What steps have you taken to connect with your target audience and build trust? 

      One of the lessons I am learning is that quality connections is more valuable than the quantity of traffic. I suggest getting involved in forums connected to your chosen niche and get yourself known as a problem solver. 

      When you build a reputation of providing value to others you will find potential customers seeking you out.

      This is a process, so hang in there. 

      All the best to you.


  2. Thank you 

    I thoroughly enjoyed reading your article as a current Affiliate Marketer and also a fan of Napolean Hill. This article was very inspiring and something that I did not realise was the hidden secret in each chapter. I am now going to read again. I understand the link with the secret and it is one of those books to keep reading at differnet times of your life.



    1. Hi Imelda,

      So glad that you appreciate the wisdom of Think and Grow Rich. We all can use it to help us do better in our businesses. 

      I wish you much success.


  3. I have read think and grow rich and I have to say it is the best motivational book that I have ever read. This has led me to read it again more than twice. 

    What was revealed by Napoleon can change the lives of most people willing to take action to make their lives better. 

    I even prefer this book to the famous Rich Dad Poor Dad, though their approach is different. But they were both pretty much driving towards the same end goal of being a success in life. 

    For anyone looking to make changes to their lives Napoleon Hill’s Think and grow rich is a must-read.

    1. Thanks Manuel for your comments. I also refer Think and Grow Rich to Robert Kiyosaki’s book Rich Dad Poor Dad. 

      How has reading THink and Grow Rich helped you in building your Affiliate Marketing business?

      All the best to you.


  4. Developing your mindset is the first move to take. To overcome fear of failure you need a mindset of advancement and positivity. If these cannot be, one has to develop his/her mind to attain this optimal levels.

    Thanks for sharing this awesome article i know it would be of great help to us all

  5. Hello there! this is an amazing review you have got here. I am sure the information in this post will be of great help to anyone who come across it. 

    Thank you very much for sharing this with me, I really need to work on my self till I will always have a positive reaction to criticism and see it as an improvement sign.

    1. Joy,

      Recognizing what you need to work on yourself to improve a weakness is a major step in the right direction.

      I wish you well in life. 


  6. I have this book. Reading it, puts ones mind on a positive path. 

    It’s funny how when we don’t know much about something and when we try to pursue that something, one fear factor on your list would stand out. 

    That fear factor is criticism. Most people can’t face it. But with the right mindset, you can overcome that. 

    I would recommend that book to anyone who hasn’t read it. That was generous of you to post it for free. This article has good tips to help people and to understand the roadblock they may face when starting a business.. 

    Thanks for the article.

    1. Hello John,

      Thanks for your insightful comments. It is interesting that you picked out The Fear Of Criticism as being the major worry for most people in trying out new things and failing. 

      Glad that you enjoyed this post. I wish you much success in life.



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