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Mark O. Haroldsen - Investing In Health and Wealth

One of Mark's long held principles in accumulating personal wealth is real estate investment. His book, "Waking Up The Financial Genius Inside You", takes you through the steps, in detail, using real estate investing as an example, to create your own blueprint for financial success. In this blog, Mark shares his continued journey for health and wealth.

  Mark O. Haroldsen’s BLOG

Statistics Are on Your Side

January 16, 2022 by   • Filed under blog

So many things in our lives can be looked at as a matter of statistical probabilities. To me, one of those statistics that people either don’t know about or haven’t really considered is the chance of dying in an airplane. I think this lack of knowledge may be why so many people are afraid to fly to the extent that they rarely or never do. Or if they do fly, it’s not very often and they spend most of the flight scared senseless.

It’s too bad that fear of flying is so common. There is so much of our great world to see and explore. I love visiting new countries and meeting people that are so different from me. I find those differences fascinating. Those experiences are part of why I think this fear of flying is such a crazy thing. It seems like people would want to get over that fear for the chance of having all those wonderful experiences.

The thing is, the statistics about the safety of flying are impressive and should be encouraging. The odds of dying on a commercial airplane are around 1 in 11,000,000. That’s 11 million! In 2019, the chance of your plane having an accident with any fatalities on board was one in 5.58 million flights. Those are very great odds and should take most, if not all, of your flying fears and set them aside. Take those odds and compare them to dying in a car, which was around 1 out of 9000 in 2019. Also consider that, in the United States, there has not been a fatal commercial flight since 2009. That’s how safe flying is these days!

The comfort found in those statistics can also be found in statistics about other things, such as starting and running your own business or investing in more or bigger real estate deals as well as finding great deals. Starting a small business, which most people think is a terribly hard thing to do, has a success rate of 80% after two years and over half will continue to have viable businesses after five years. That’s pretty encouraging, especially if you’re one of those who work hard and work smart! And investing in real estate has long been considered one of the best ways to have a successful financial life.

It’s not a bad idea for all of us to do a bit of research on anything that we fear, especially those things that hold us back from enjoying life or being successful. You can look up statistics on almost anything online.

You not only have great access to statistics on the Internet, but you can also find people who can help encourage you with their success and maybe even give you a leg up on your own. People who have done what you want to do and have been very successful are a wonderful source and can lift your goals, objectives, and success to great heights. My mentors have been a huge part of my success. And finding mentors greatly increases your statistical chances of succeeding and reaching your goals!

  Previously on Mark O. Haroldsen's Blog