The Nine-Tenths Rule



The Nine-Tenths Rule

October 5, 2024

What's Holding You Back?

What’s holding you back in your business, relationships, or career? For most people it’s plain old fashioned fear. Fear of debt, fear of losing money, fear of conflict, fear of ridicule, and even fear of being successful. I have even seen people who thought that if they started a business and made a lot of money their family members and friends wouldn’t like them anymore. And guess what. Some of them actually won’t. So we should include fear of rejection.

I would say these fears, among others, are probably why most people never start a business, never invest in real estate or never make a much needed career change. And sadly in some cases, never end up with the man or woman of their dreams. Of course in reality the fears are all nonsense. They get hit by the terror barrier. That’s the subconscious barrier between your comfort zone and your dreams and ambitions.

Andrew Carnegie used a quote that he supposedly learned from a story about a troubled old man to alleviate his fears in business. The story might even be true. Who knows?

“I have had a long, long life full of troubles, but there is one curious fact about them. Nine-tenths of them never happened.”

Imagined Problems - Lost Opportunities

Most people imagine nine-tenths of their fears when doing anything new. How many fortunes have never been earned because of fears that were imagined!

The point here is that Carnegie went where most people were afraid to go. He outdid his rivals because he pushed past his fears. He came to the realization that nine-tenths of his fears would never happen. His rivals didn’t learn that and they paid a price for it.

Your wealth is important to you, your family, and your business. To build your financial momentum you must realize that 90% of your fears will not happen. Don’t let unfounded fear stop you. There are always risks in business.

I have seen many real estate investors pass on properties that turned out to be a huge win for someone else. It happens all the time in real estate. They analyze and analyze and calculate and fill elaborate spreadsheets with data. And then in the end their fear takes over and they find a reason to pass on the deal. And guess what – someone else buys the property and is successful with it. And 90% of the fears that chased the first buyer away never happen.

If you are someone who wants to make a change, invest in real estate, buy a business, start a new business, start a new relationship, but you aren’t sure if it’s the right thing to do, just remember that 90% of whatever fears you have that are keeping you from getting started will likely never happen.

Special thanks to:

Momentum Lifestyle Leadership Academy for sponsoring this newsletter. Momentum Lifestyle is a leadership coaching and training community focusing on leadership, self leadership and communication. Communication issues and conflict within a team can bring down a company. We find the simple solutions to those problems for your business whether you are a small or a large team. Join our private community here: https://momentumlifestyle.com/

That's it for this time. See you next week!

If this newsletter was forwarded to you and you would like to subscribe to receive your own weekly issue delivered to your inbox, Click Here

Click here to listen to the Financial Momentum Podcast

Momentum Lifestyle Network, LLC 200 University Blvd #295 Round Rock, TX 78665
Unsubscribe · Preferences

Paul Ary | Financial Momentum Newsletter

Join me in The Financial Momentum Newsletter where I discuss ideas and tools to build momentum in your business and life. I talk about how you can create a high income retirement, escape from your job, boost your business and build wealth.

Read more from Paul Ary | Financial Momentum Newsletter

Starting A Business At 40, 50, 60 Years Old? February 6, 2026 This week I'm taking a few days off while we resurrect an unused YouTube channel. The article below is one that I wrote originally at the end of 2023. It's hard to believe it's been that long. Unless you have gone back and read my previous articles (which you can do here), most of you have not seen this one. I'll be back next week with something new. I hope you enjoy this article and if you have your own experience with today's...

When Doing It Yourself Costs You More January 31, 2026 Ever wonder why when you hire more employees your workload gets bigger not smaller? Imagine you’re a business owner. You just hired your tenth employee. This new person was hired to do a specific job. It could be any job but let’s say you hire this person to manage your YouTube channel. You shoot videos of you doing a podcast or teaching on a topic you have expertise in, all for the purpose of marketing your business. You decide on a...

Buying Or Starting A Business- Innovators Win January 24, 2026 There is a lot of content out there about buying a business, starting a business, and for those who already have a business, making it bigger and better. The big question for a lot of people is- Which do I choose? Do I need a new idea- a new product or service no one has ever offered before? Do I start a new business in a proven industry? These are all valid questions and if you’re asking these questions you are on the right...