Harvey Mackay Academy's Blog

A businessman was heavily in debt and couldn’t see any way out of it. Creditors were pressing him. Suppliers were demanding payment. Banks refused to loan him any money.

He was sitting on a park bench one day with his head down, trying to think of a way to save his company from bankruptcy. Suddenly an old man walked up to him and asked what was bothering him.

The businessman explained his problems, and the old man wrote him a check, saying, “Take this money. We will meet here in exactly one year, and you will be able to return it to me at that time.”

The businessman looked at the $500,000 check and thought of all the problems it could solve. But instead of depositing the check in the bank, he put it into his safe. The check inspired him to think of some new ideas, which gave him the confidence to pursue several potential deals. His company started to turn a profit again, and he was out of debt in a couple months.

Exactly one year later, the businessman returned to the park with the original check. A few minutes later the old man appeared, but suddenly a nurse ran up and grabbed him.

“I’m so glad I caught up with him,” she exclaimed. “I hope he wasn’t bothering you. He likes to leave the senior home and tell people he’s a millionaire giving away money.”

The businessman watched them walk away, stunned. He’d spent a year rescuing his business, convinced he had a half million dollars to fall back on if he failed. Now he understood that it wasn’t the money that turned his life around. It was his new confidence and belief in himself that gave him the strength to achieve success.

Confidence doesn’t come naturally to most people. Even the most successful people have struggled with it in their careers. The good news is that you can develop confidence, just like any muscle or character trait, if you’re willing to work hard. The better news: These tips can help you strengthen your confidence:

• Pay attention to your appearance. When you dress for success, you will carry yourself with more confidence. Devoting some time to your wardrobe and overall grooming communicates to others that you are knowledgeable, powerful and competent. I also consider posture part of your appearance.

• Always do your best. My parents constantly told me to do my best. The famous Jewish rabbi and teacher, Hillel the Elder said: “Watch your thoughts; they become your words. Watch your words; they become your actions. Watch your actions; they become your habits. Watch your habits; they become your character. Watch your character, for it will become your destiny.”

• Don’t lose sight of your dreams. It is important to aim high … to have dreams that inspire you to go beyond your limits. I often joke that it takes years to become an overnight success. But it starts with a dream.

• Continue to grow and improve. Seek new knowledge. If you’re lacking any of the skills you need to achieve your goals, focus on learning them.

• Practice, practice, practice. Practice makes perfect … not true. You must add one word … Perfect practice makes perfect. Practice right so you don’t get it wrong. All the world’s a stage, and most of us need more rehearsals.

• Stay positive. Don’t let mistakes bother you. You don’t need to be perfect to feel confident. Thinking positive has no negative. Positive thinking turns obstacles into opportunities.

• Get over the fear of rejection. Rejection is part of life. Not everyone can handle all the rejections that are necessary to be successful. They don’t realize that in order to get the yeses, you must hear the nos.

• Don’t be afraid to ask for advice. No one knows it all. That’s why I have a kitchen cabinet to bounce things off. No matter what field, I always want to talk to the experts. Good advice is never cheap, and cheap advice is rarely good.

Walt Disney used to talk about the four Cs to success in life – curiosity, confidence, courage and consistency. He believed that if you applied these four Cs to your life, you could accomplish practically anything.

But there was one C that Walt said was the greatest of all – confidence. He said, “When you believe a thing, believe it all the way, implicitly and unquestionably.”

Mackay’s Moral: The person who has self-confidence gains the confidence of others.

About the Author

Seven-time, New York Times best-selling author of "Swim With The Sharks Without Being Eaten Alive," with two books among the top 15 inspirational business books of all time, according to the New York Times. He is one of America’s most popular and entertaining business speakers, and currently serves as Chairman at the MackayMitchell Envelope Company, one of the nation’s major envelope manufacturers, producing 25 million envelopes a day.

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