The document discusses 7 reasons why people fail: 1) Lack of persistence - quitting too easily instead of persevering through challenges. 2) Lack of conviction - not taking a stand and conforming instead of doing what they believe is right. 3) Rationalizing - making excuses instead of accepting responsibility. 4) Not learning from past mistakes - repeating the same errors. 5) Lack of discipline - not staying focused and in control of oneself. 6) Poor self-esteem - lacking respect and worth which leads to self-abuse and constantly seeking identity. 7) Fatalistic attitude - believing success or failure is predetermined rather than taking responsibility for one's actions.