Today I finished How I Raised Myself From Failure to Success in Selling by Frank Bettger.
Among many lessons from which I intend to take into practice, this law of averages is a line of thought that I have been long time contemplating upon and I haven’t been able to verbalize it very well. Frank Bettger did it very well in the book.
Essentially the law of averages says, that the one who is going to try most, is going to fail most. However, the absolute number of successes is going also be greater.
People often avoid trying, because they are afraid to fail. Another reason people avoid trying, is because they are afraid of rejection. I see in this my field of sales and marketing all the time.
Yet what I admire most, is the ability to try, get rejected and then get back to trying.
“Every strike brings me closer to the next home run.” – Babe Ruth
Michael Jordan has taken many last shots and missed, yet he is remembered from the shots he put in. Failure is underappreciated, even though it leads to success, eventually.
Eventually can be calculated through time. Here the law of averages comes very useful. If you make sure that you have enough time, and high enough success rate, then it’s all about increasing volume. You will fail a lot, yet less and less all the time… Eventually you will succeed.
Law of average is law of inevitable success.