Why many smart and intelligent people fail miserably in

Because they are not money maker. They are policy maker. They learned about how to make the system works and their focus is for yielding from the policy and system. Money maker is an innovative person. Anybody can be innovative when come to the factors of it. One for it is desperation. Thus come the tools and systems.

I think that attitude is very important, a person's attitude to the businesses,decide his successful speed directly,as long as the persistence does not give up.Study the related knowledge continuously,can certainly succeed of

i think they are too much follow their emotion so they couldn't resist their willingness to spend money foolishly