In one of my workshop, a student asked me, “What is the greatest lesson that you learnt from your experience?”
My reply was, “Whether in life or in business, there are recipes of failures, however there is no formula that guarantees Success.”
He seemed surprised.
His follow-up question was, “We see so many coaches who promise guaranteed success, are they frauds?”
My answer was, “No, they are not Frauds.
I explained, “You must have seen Mutual Fund advertisements on TV.
In Mutual Fund advertisements there is a statutory warning in the end, that says, ’Mutual fund investments are subject to market risks, read all scheme-related documents carefully.’
However in the add the warning is read so fast that only those who carefully notice are in the know of it, rest invest uninformed.
These coaches also give statutory warning with their guaranteed success promise.
That warning says, ’Success in life / business subject to market risks, individual hard work”.
The thing is that, the coaches say this in their minds. The participants will know the warning only when s/he specifically asks the coach about it.
No amount of hard work or coaching can gurantee success in life or in business.
However, what guaranteed is, without hard work there can be no success.
And with hard work, one needs to be at the right place at the right time.
Even the world’s best pilot, cannot gurantee safe landing in turbulent weather.
It’s just that with him/her on the seatt, the probability of safe landing is higher than the rest.
In life, we take decisions, based on our past experience and reading of the situation and both these factors vary from person to person. Only thing is, with some people on the driving seats the chances of successful outcome is higher than the others, albeit there is always a margin of uncertainty”