5 Myths That Stop People From Being Successful | Inc.com

One reason most people aren’t successful is that they believe myths they’ve been taught about success.

The following myths need to be uprooted from our subconscious, so we can have the freedom to create the life we want.

1. Competition is good.
“All failed companies are the same: they failed to escape competition.” – Peter Thiel

Competition is extremely costly to maximum product reach and wealth creation. It becomes a battle of who can slightly out-do the other for cheaper and cheaper. It’s a race to the bottom for all parties involved.

Competing with others leads people to pursue goals that aren’t really their own – but what society has deemed important. You could spend your whole life trying to keep up, but will probably have a shallow life. Or, you can define success for yourself based on your own values and detach yourself from the noise.

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2. You need permission.
My father-in-law is a highly successful real estate investor. Throughout his career, he’s had hundreds of people ask him if they should “go into real estate.” He tells every one of them the same thing: that they shouldn’t do it. In fact, he actually tries talking most of them out of it. And in most cases he succeeds.

Why would he do that?

“Those who are going to succeed will do so regardless of what I say,” my father-in-law told me.

3. Happiness can be pursued.
“There is no way to happiness – happiness is the way.” – Thich Nhat Hanh

Most people believe they must:

First have something (e.g., money, time, or love)
Before they can do what they want to do (e.g., travel the world, write a book, start a business, or have a romantic relationship)
Which will ultimately allow them to be something (e.g., happy, peaceful, content, motivated, or in love).
Paradoxically, this have -do-be paradigm must actually be reversed to experience happiness, success, or anything else you desire.

First, be whatever it is you want to be (e.g., happy, compassionate, peaceful, wise, or loving)
Then, start doing things from this space of being.
Almost immediately, what you are doing will bring about the things you want to have.
We attract into our lives what we are.

4. You need more.
In an interview at the annual Genius Network Event in 2013, Tim Ferriss was asked, “With all of your various roles, do you ever get stressed out? Do you ever feel like you’ve taken on too much?”

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