Page 119 - TAGR-Companion Text
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52 Temporary defeat should mean only one thing, the certain knowledge that there
53 is something wrong with your plan. Millions of men go through life in misery
54 and poverty, because they lack a sound plan through which to accumulate a
55 fortune.
56 Henry Ford accumulated a fortune, not because of his superior mind, but
57 because he adopted and followed a PLAN which proved to be sound. A
58 thousand men could be pointed out, each with a better education than Ford's, yet
59 each of whom lives in poverty, because he does not possess the RIGHT plan for
60 the accumulation of money.
61 Your achievement can be no greater than your PLANS are sound. That may
62 seem to be an axiomatic statement, but it is true. Samuel Insull lost his fortune of
63 over one hundred million dollars.
64 The Insull fortune was built on plans which were sound. The business
65 depression forced Mr. Insull to CHANGE HIS PLANS; and the CHANGE
66 brought "temporary defeat," because his new plans were NOT SOUND. Mr.
67 Insull is now an old man, he may, consequently, accept "failure" instead of
68 "temporary defeat," but if his experience turns out to be FAILURE, it will be for
69 the reason that he lacks the fire of PERSISTENCE to rebuild his plans.
70 No man is ever whipped, until he QUITS in his own mind. This fact will be
71 repeated many times, because it is so easy to "take the count" at the first sign of
72 defeat.
73 James J. Hill met with temporary defeat when he first endeavored to raise the
74 necessary capital to build a railroad from the East to the West, but he, too turned
75 defeat into victory through new plans.
76 Henry Ford met with temporary defeat, not only at the beginning of his
77 automobile career, but after he had gone far toward the top. He created new
78 plans, and went marching on to financial victory.

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