A Tribute to Principles

Secrets of Great Achievers by Darren Hardy

Richard Branson, Donald Trump and Tony Hawk are super successful but spend less hours and effort on their work than most of us.

Difference between Overachiever and SUPER achiever.
Radical focus – it’s not what they DO, but what they NOT DO. Saying NO is the master skill

What is Steve Jobs most of proud of? He’s more proud of what he DOESN’T do than what he chooses to do.
What crappy stuff do you need to stop doing, to FOCUS on the good stuff?
Success has less to do with what we can get ourselves to do and more to do with keeping ourselves from doing what we shouldn’t. – Kenneth Cole
There is nothing so useless as doing efficiently, that which shouldn’t be done at all. – Peter Drucker
Look at calendar last week; what should I have said no to?
Look at calendar next week; what should I say no to?
Look at idea list, project list, commitment list, what should I say no to?
Stop doing things that don’t matter
So what do you do? It’s not doing MANY things, it’s doing FEWER things, well. The law of the vital few. Find and then leverage the vital few. Be world class at the vital few, not mediocre at many many things.

Why most super achievers suck at golf and many things else

What are you willing to give up to become world class at what you ultimately want?

Local realtor and Donald Trump both do real estate. Tackle the same problem. Just on a different scale. Bigger problem, bigger results. Size of your life is determined by the size of the problems you solve.

Same time, energy, problem. Different results. Local bookshop vs Amazon. Local coffee shop vs Starbucks. Electric car hobbyist vs Tesla.

Understand your vital signs of strategic productivity.
Vital Few Functions; everything you do comes down to a few basic fundamentals. “Gentlemen, this is a football.” Dr Oz does 200 open heart surgeries, has a successful TV show, has multiple best-selling books. Go, deliver the few vital functions, and then leave. If you measure the time you are spending doing vital few functions, you will get a shock. Track the amount of time you are doing vital few, and then strive to increase that. Get clear about your value, get your income goal, divide by 2,000. I.e. my income goal is $2 million/year therefore my hourly rate is $1,000/hour. You HAVE a boss, just a very crappy one. Boss yourself more! Will I pay somebody $2,000,000 a year to do what I am doing? Delegate everything anyone else can do at a lower rate. Free up every minute possible for you to do your vital functions. When you just started a new business, you probably have to do it all. Then, your job is to become a quitter. Weed yourself out of your jobs entirely. Your last job is to find great talent and cultivate a great culture. Move from labor to leadership. Things still need to get done, but not by you. What’s better than a few? ONE. One activity > highest impact. Joel’s biggest impact is the 22 minutes he spends on Sunday delivering a great sermon. Therefore he spends a ton of time throughout the week preparing for this. Do fewer things more often and get better at them.
Goal:

  1. Fewer things
  2. More often
  3. Get better at them

Vital Few Priorities:
A barstool stops a lion in its tracks because the 4 legs make it stunned and paralysed because it doesn’t know which one to attack. Richard Branson has 3 Strategic Priorities at any one point in time; if something does not achieve those priorities, do not do them. How strong are you at saying no to these new things.
If you have more than 3 priorities, you don’t have any – Jim Collins
Buffet Method:

  1. Write down all priorities
  2. Narrow down to Top 3
  3. Throw rest of list away

Steve Jobs spends 3 hours everyday on the most important thing in the company. We are addicted to distraction. It provides us a form of relief. Everytime we get an email, we feel happy that “somebody wants me”. Satisfies our thirst for novelty. We want to be wanted. We are over-stimulated, overwhelmed, unproductive and unfulfilled. We are distracted every 3 minutes. It takes 11 minutes to regain concentration. It means we are almost never concentrating. It’s not the amount of time you stay in bed, but the amount of time you spend in REM. Not the amount of time you spend in office, but the amount of time you spend in focus. If you go in to office with nothing in calendar, you will get nothing done. Move from reacting to creating. There is no such thing as multi-tasking. All you do is switch. Switching makes you dumber than being stoned. When a muscle goes unused, it undergoes atrophy. Some people have LOST the ability to concentrate.
Don’t mistake movement for achievement, activity for productivity, and rushing for results.
Strategies for high performance, triple your productivity and results.
Average CEO spends average of genuine 90 minutes on work.
Control your attention, control your life.
Intense stress, rest and recover.
Sprint and recover.
90 minute jam sessions. Turn off cell phone, turn off computer, anything that can distract you. Have a countdown clock. Persevere, push through, and you will be amazed at the amount of work you get done. Athletes are already obsessed. Train to rest instead of push. Resting is just as important. Game changing mindset shift: get paid to rest. Make success a routine. Encode success in your practice. The secret to success is found in your daily routine. 2 parts of your day you have full control over: when you just get out of bed and just before bed. this is when you want to embed your most important routines, bookend your days.
5/5.30am: contemplate your day
Read for 30 minutes, set your timer.
Look at your goals, vital functions, vital metrics, what’s number one. Go through one 90 minutes jam session, all done before 8am in the morning, before people even wake up. Evening, plan for the following day. Prepare your clothes and meal for the following day, so the following day you get up and just go. Read for 30 minutes before bed. So you read at least 1 hour per day. Find something positive for the mind to focus on for the 8 hours it’s going to spend.

Vital Few Metrics

  1. BIG 3
  2. Key behaviours
  3. Track it!

Vital Few Improvements
What are things you can improve on so you can improve the most
We need to learn less and study more
#1 Goal
#1 Skill
1 new skill a quarter, get 5 books/5 CD’s
Treat personal development and growth like a race
Every dollar you invest in yourself, equals $30 return for yourself, 3,000% ROI > this is the great return possible compared to investments etc
Pick ONE skill you’re gonna focus on, improve it, grow it, master it, ATTACK!!

Most important thing to succeed, go fail. Fail fast
The key to success is massive failure.
Life is like a pendulum, you have to rock to and fro, experience pain, defeat, rejection, failure etc, in order to experience in equilibrium the joy, love, happiness, success

If you get to the end of the month and there is no embarrassing failure, something is wrong. Learn to LOVE failure

I fail over and over and over again in my life, that is why I succeed

Did I do something today that scared me? If not, this is not a successful day

Kid ski’s for an entire day and tells dad proudly he did not fall down one time, dad says you didn’t grow any better. No pain no gain.

The first 10 reps gets you on the table, the last few are the ones that determines the success you achieve. PURSUE pain. You can beat anybody, achieve anything, over time.

  1. Stop doing what fools do
  2. Master the few
  3. Outfocus
  4. Outlast (Consistency)
  5. Measure progress
  6. Outfail your competition

Tools of Titans by Tim Ferriss

Casey Neistat
You realise you’ll never be the best-looking person in the room. You’ll never be the smartest person in the room. You’ll never be the most educated, the most well-versed. You can never compete on those levels. But what you can always compete on, the true egalitarian aspect to success, is hard work. You can always work harder than the next guy.
He walks the talk, wakes up at 430am, 7 days a week and immediately finishes his vlog edit from the night before.

  • The edit usually gets done between 630-7am
  • 7am-745am is for processing, uploading and designing the video
  • The video goes live at exactly 8am, 7 days a week

Casey works out immediately after 8am, which usually involves running or the gym. He goes into the office by 930am after this workout. He works in his office all day, and tries to get out by 630pm to race home and give his baby a bath. He will then hang out with his wife for about an hour until she goes to bed around 9pm. After his wife goes to bed, he sits down and edits until he passes out at his computer, usually around 1am. Casey usually sleeps on the couch until 430am and then he starts the process all over again.

Hope is not a strategy. Luck is not a factor. Fear is not an option.

Never go to sleep without a request to your subconscious.

Reid Hoffman seeks a single reason for a potentially expensive action – not a blended reason.

It’s always the hard part that creates value.

The goal isn’t to get good ideas. The goal is to get bad ideas because once you get enough bad ideas, then some good ones have to show up.

No one gets a Suzuki tattoo. You can decide that you want to be tattoo-worthy.

Losers have goals. Winners have systems

1000 true fans. To simplify the idea, it’s basically to cultivate 1000 true fans to pay you $100 per year which would give you $100,000 per year, which is a reasonable income for most people. Adjust accordingly if you have bigger income goals or higher costs etc. Or perhaps figure out your target monthly income and reverse engineer from there.

Rakuten’s rule of 3 and 10; every time you get to multiples of 3 and powers of 10 number of employees, something big needs to change.

Use TK as placeholders when writing long pieces and there is info you need to research on. Later on come back and use ctrl + F to find these bits and fill them in after research.

Edit for you, your fans, then your haters.

Inspiration is for amateurs. The rest of us just show up and get to work.

Peter’s laws

  • When given a choice.. take both
  • Multiple projects lead to multiple successes
  • When forced to compromise, ask for more
  • If you can’t win, change the rules
  • If you can’t change the rules, then ignore them
  • “No” simply means begin again at one level higher
  • When in doubt: THINK
  • The faster you move, the slower time passes, the longer you live
  • The best way to predict the future is to create it yourself
  • You get what you incentivise
  • The day before something is a breakthrough, it is a crazy idea
  • If you can’t measure it, you can’t improve it

Derek Sivers: hell yeah!! Or no. To become “successful”, you have to say yes to a lot of experiments. To learn what you’re best at or what you’re most passionate about, you have to throw a lot at the wall. Once your life shifts from pitching outbound to defending against inbound, however, you have to ruthlessly say “no” as your default. Instead of throwing spears, you’re holding the shield. Once you reach a decent level of professional success, a lack of opportunity won’t kill you. It’s drowning in “kinda cool” commitments that will sink the ship.

Brad Feld: great Creative work isn’t possible when you’re trying to piece together 30 minutes here and 45 minutes there. Large, uninterrupted blocks of time – 3-5 hours minimum – create the space needed to find and connect the dots.

Ryan Holiday: do a fear setting exercise. What is really the worst that can happen if I stopped doing what I’m considering? And so what? How could I undo any damage?

He who suffers before it is necessary, suffers more than is necessary.

If you’re looking for a formula for greatness, the closest we’ll ever get, I think, is this: consistency driven by a deep love of the work.

Life is a continual process of arrival into who we are.

Guilt is interesting becaue guilt is the flip side of prestige, and they’re both horrible reasons to do things.

Ours is a culture where we wear our ability to get by on very little sleep as a kind of badge of honor that symbolises work ethic, or toughness, or some other virtue – but really, it’s a total profound failure of priorities and self-respect.

Free form days might seem idyllic, but they are paralyzing due to continual paradox of choice and decision fatigue. Something as simple as pre-scheduled workouts acts as scaffolding around which you can more effectively plans execute your day. This gives you a greater sense of agency and feeling of freedom.

Better to have and not need, than to need and not have. Eliminate single points of failure in life and business.

If you want to be mentally tougher, it is simple: be tougher. Don’t meditate on it. Being tougher is, more than anything, a DECISION to be tougher.

Sebestian Junger’s message at high school commencement.
“You guys are programmed to succeed. The hardest thing you’re ever going to do in your life is fail at something, and if you don’t fail at things, you will not live a full life. You’ll be living a cautious life on a path that you know is pretty much guaranteed to more or less work. That’s not getting the most out of this amazing world we live in. You have to do the hardest thing that you have not been prepared for in this school or any school: you have to be prepared to fail. That’s how you’re going to expand yourself and grow. As you work through the process of failure and learning, you will really deepen into the human being you’re capable of being.”

The purpose of life is a life of purpose.

Have a running list of 3 people you’re always watching: someone senior to you that you want to emulate, a peer who you think is better at the job than you are and who you respect, and someone subordinate who’s doing the job you did, better than you did it.

Work will work when nothing else will work.

If you earn $68k per year, then globally speaking, you are the 1%. – Will Macaskill
You can’t make a lousy charity good by having a low overhead.

Being an entrepreneur is being willing to do a job that nobody else wants to do, in order to be able to live the rest of your life doing whatever you want to do.

Bad decisions make good stories.

Desire is a contract you make with yourself to be unhappy until you get what you want.

What you choose to work on, and who you choose to work with, are far more important than how hard you work.

Free education is abundant, all over the internet. It’s the desire to learn that’s scarce.

The big question: when I had the opportunity, did I choose courage over comfort?

If I’m not a little nauseous when I’m done, I probably didn’t show up like I should have shown up.

17 questions that could change your life:

  1. What if I did the opposite for 48 hours?
  2. What do I spend a silly amount of money on? How might I scratch my own itch?
  3. What would I do/have/be if I had $10 million? What’s my real TMI?
  4. What are the worst things that could happen? Could I get back here?
  5. If I could only work 2 hours per week on my business, what would I do?
  6. What if I let them make decisions up to $100? $500? $1,000? – to get huge, good things done, you need to be okay with letting the small, bad things happen
  7. What’s the least crowded channel?
  8. What if I couldn’t pitch my product directly?
  9. What if I created my own real-world MBA?
  10. Do I need to make it back the way I lost it?
  11. What if I could only subtract to solve problems?
  12. What might I put in place to allow me to go off the grid for 4-8 weeks, with no phone or email?
  13. Am I hunting antelope or field mice?
  14. Could it be that everything is fine and complete as is?
  15. What would this look like if it were easy?
  16. How can I throw money at this problem? How can I “waste” money to improve the quality of my life?
  17. No hurry, no pause

Life is not waiting for the storm to pass, its learning how to dance in the rain.

You don’t find time, you make time.

If it isn’t on the calendar, it isn’t real.

They tried to bury us. They didn’t know we were seeds. – Mexican proverb

Second read of physical book

Coach sommer / The Single Decision

Dealing with the temporary frustration of not making progress is an integral part of the path towards excellence. In fact, it is essential and something that every single elite athlete has had to learn to deal with. If the pursuit of excellence was easy, everyone would do it.
The secret is to show up, do the work, and go home.
A blue collar work ethic married to indomitable will.
If the commitment is to a long-term goal and not to a series of smaller intermediate goals, then only one decision needs to be made and adhered to. Clear, simple, straightforward. Much easier to maintain than having to make small decision after small decision to stay the course when dealing with each step along the way. This provides far too many opportunities to inadvertently drift from your chosen goal. The single decision is one of the most powerful tools in the toolbox.

Scott Adams
Losers have goals. Winners have systems.
2 paths to be extraordinary: 1. Become the best at one specific thing 2. Become very good (top 25% at 2 or more things) number 2 is much easier. At least one of your skills should involve communication, either written or verbal.

In the world of ideas, to name something is to own it. If you can name an issue, you can own the issue.

Jocks willink: discipline equals freedom. Free form days might seem idyllic, but they are oaralyzing due to continual paradox of choice and decision fatigue. Achieve freedom through discipline by deciding in advance what is going to happen throughout the day.
If you want to be tougher, be tougher. Don’t meditate on it.

Sebastian Junger at a high school commencement:
You guys are programmed to succeed. The hardest thing you’re ever going to do in your life is fail at something, and if you don’t start failing at things, you will not live a full life. You’ll be living a cautious life on a path that you know is pretty much guaranteed to more or less work. That’s not getting the most out of the amazing world we live in.

What you choose to work on, and who you choose to work with, are far more important than how hard you work.

Free education is abundant, all over the internet. It’s the desire to learn that’s scarce.

You get paid for being right first, and to be first, you can’t wait for consensus.

Hustle by Neil Patel, Patrick Vlaskovits, Jonas Koffler

The best thing we can do to remedy this tragic waste of potential is to expose ourselves to challenging projects and environments in our work and life and to focus on the unexpected strengths that will rise to the surface when we do so.

Right mix of Momentum and Money can lead us to Meaning. The 3 M’s organically align and combine to enrich our lives as we find the energy to sustain an infinite hustle.

4 key categories of Personal Opportunity Portfolio (POP)
Potential – how we develop greater capabilities
People – how we cultivate community
Projects – how we express creativity
Proof – how we capture credibility

Heart
Outside of a person’s love, the most sacred thing that they can give is their labour. Labor is a very precious thing that you have. And any time you can combine labor with love, you’ve made a merger.

Head
Introduce a daily dose of pain by steeping out of comfort zone daily

Doesn’t matter if your batting average is low. Just get at bat more and you WILL get more hits than even the guy with the higher batting average. Nobody cares about quality of baseball player, only quality of hustle matters.

First unseen law of hustle: do something that moves you

Finding out why isn’t central to taking a first step. What is central to taking a first step.. is taking a first step. Our why won’t ever pop fully formed out of our minds. It emerges over time and maps to our talent and our hustle.

What doesn’t appear to change much at all are innate talents, not passions. The catch is, you need to do stuff, stuff that moves you, to really discover those talents. And when you see the product of your talents, it is imperative that you invest in and double down in your strengths rather than wasting time improving your weaknesses.

Second unseen law of hustle: keep your heads up and eyes open

Tap into undercurrents to see and get stuff done faster.

Where most people see fear and pain, hustlers see opportunity.

Recognising opportunity: the hustle sweet spot: Simple to understand, hard to do.

Deadlines are lifelines: focus on volume and completion. To maintain momentum, we need closure.

Third unseen law of hustle: seal the deal and make it real

This law demands a transaction. Demands proof of your hustle. No more talk. Put up or shut up.

Habits create identities, identities don’t create habits.

Truth behind Rocky story: nothing to do with 10,000 hours or grinding it out; the hidden truth is in always keeping the wheels turning, because momentum – the wfillful act of doing – is our secret weapon, our equaliser.

Your indirect path: unique and oblique. The fastest, clearest and most legible path isn’t always the one that will get you where you actually want to go.

You might not realise in the moment where each step is taking you, but the act of stepping creates opportunities and luck that would not have existed otherwise.

Even those with the grandest vision can get devoured on this pathway due to poor execution, bad luck, and other factors. So persistence is key.

Habits

Things start out as hope and end up as habits.

Enthusiasm is the electricity of life. How do you get it? You act enthusiastic until you make it a habit.

Transition from blue-sky dreaming to hands and feet on the ground doing.

10 minute rule; just DO what you need to do for 10 minutes then evaluate if you want to carry on. More likely than not you will.

upload_2018-2-26_0-41-31.png

Projects are the lifeblood of opportunity for someone like me – darn right I want to express my creativity and fuel my everyday with stimulation, challenge, and learning AND generates income for me.
upload_2018-2-26_0-41-31.png

The secret equation: mediocre + mediocre = amazing. A varied skill set is like a braided rope. The rope is strong even though it may be made up of multiple, sometimes even weak strands. It is the combination of skills, rather than any single skill, that makes you unique and strong.

How do we develop our talents? 4 steps
1. We recognise that neither others Nor we ourselves are particularly good at Recognising our innate talents
2. We do lots of different projects in dynamic and varied environments to force our natural talents to the surface
3. We see through unseen job descriptions; we analyse and track our progress
4. We surface our talents; we invest in our intrinsic strengths and proceed to ignore our weaknesses

To get to 99 percent – where only 1 percent of all humanity is more fulfilled than you – is frighteningly easy when you remember that you aren’t racing against a grizzly bear (perfection) but against other humans. Mediocre humans.

If you start experimenting, start telling stories, and start pitching, you will close the gap between what you are and what you will be, and you will do it without massive risk or huge

The best thing we can do to remedy this tragic waste of potential is to expose ourselves to challenging projects and environments in our work and life and to focus on the unexpected strengths that will rise to the surface when we do so.

Right mix of Momentum and Money can lead us to Meaning. The 3 M’s organically align and combine to enrich our lives as we find the energy to sustain an infinite hustle.

4 key categories of Personal Opportunity Portfolio (POP)
Potential – how we develop greater capabilities
People – how we cultivate community
Projects – how we express creativity
Proof – how we capture credibility

Heart
Outside of a person’s love, the most sacred thing that they can give is their labour. Labor is a very precious thing that you have. And any time you can combine labor with love, you’ve made a merger.

Head
Introduce a daily dose of pain by steeping out of comfort zone daily

Doesn’t matter if your batting average is low. Just get at bat more and you WILL get more hits than even the guy with the higher batting average. Nobody cares about quality of baseball player, only quality of hustle matters.

First unseen law of hustle: do something that moves you

Finding out why isn’t central to taking a first step. What is central to taking a first step.. is taking a first step. Our why won’t ever pop fully formed out of our minds. It emerges over time and maps to our talent and our hustle.

What doesn’t appear to change much at all are innate talents, not passions. The catch is, you need to do stuff, stuff that moves you, to really discover those talents. And when you see the product of your talents, it is imperative that you invest in and double down in your strengths rather than wasting time improving your weaknesses.

Second unseen law of hustle: keep your heads up and eyes open

Tap into undercurrents to see and get stuff done faster.

Where most people see fear and pain, hustlers see opportunity.

Recognising opportunity: the hustle sweet spot: Simple to understand, hard to do.

Deadlines are lifelines: focus on volume and completion. To maintain momentum, we need closure.

Third unseen law of hustle: seal the deal and make it real

This law demands a transaction. Demands proof of your hustle. No more talk. Put up or shut up.

Habits create identities, identities don’t create habits.

Truth behind Rocky story: nothing to do with 10,000 hours or grinding it out; the hidden truth is in always keeping the wheels turning, because momentum – the wfillful act of doing – is our secret weapon, our equaliser.

Your indirect path: unique and oblique. The fastest, clearest and most legible path isn’t always the one that will get you where you actually want to go.

You might not realise in the moment where each step is taking you, but the act of stepping creates opportunities and luck that would not have existed otherwise.

Even those with the grandest vision can get devoured on this pathway due to poor execution, bad luck, and other factors. So persistence is key.

Habits

Things start out as hope and end up as habits.

Enthusiasm is the electricity of life. How do you get it? You act enthusiastic u Tio you make it a habit.

Transition from blue-sky dreaming to hands and feet on the ground doing.

10 minute rule; just DO what you need to do for 10 minutes then evaluate if you want to carry on. More likely than not you will.

upload_2018-2-26_0-41-31.png

Projects are the lifeblood of opportunity for someone like me – darn right I want to express my creativity and fuel my everyday with stimulation, challenge, and learning AND generates income for me.

upload_2018-2-26_0-41-31.png

The secret equation: mediocre + mediocre = amazing. A varied skill set is like a braided rope. The rope is strong even though it may be made up of multiple, sometimes even weak strands. It is the combination of skills, rather than any single skill, that makes you unique and strong.

How do we develop our talents? 4 steps
1. We recognise that neither others nor we ourselves are particularly good at recognising our innate talents
2. We do lots of different projects in dynamic and varied environments to force our natural talents to the surface
3. We see through unseen job descriptions; we analyse and track our progress
4. We surface our talents; we invest in our intrinsic strengths and proceed to ignore our weaknesses

To get to 99 percent – where only 1 percent of all humanity is more fulfilled than you – is frighteningly easy when you remember that you aren’t racing against a grizzly bear (perfection) but against other humans. Mediocre humans.

If you start experimenting, start telling stories, and start pitching, you will close the gap between what you are and what you will be, and you will do it without massive risk or huge

How to be an Imperfectionist by Stephen Guise

Look back over your life and think of all the thousands of little moments in which you had an opportunity to be doing something that could have added up to mastery in an area by now.

If you don’t manage to reframe perfectionism as a damaging and inferior mindset, the illusion of its superiority will thwart your desired changes.

Perfectionism is like ice cream; you can have a large variety of flavours but its base is always milk and sugar.

A goal is like pole vaulting: failure is anything beneath the bar, success is anything above it. It doesn’t matter how high you get, it only matters if you get over the bar.

Perfectionists donnot accept a small amount of value or progress; they only want big, smooth, perfect wins.

Striving for excellence motivates you; striving for perfection is demoralizing.

Action itself is the best starting point for more action, while trying to think your way into more motivation is an unreliable and ineffective way to create forward momentum.

The “get motivated” strategy assumes you’ll always want to get motivated, but sometimes you don’t.

2 types of motivation; you can be motivated to write a book without being motivated to write IN the book. We don’t need the type of motivation that fluctuates. Action creates a more powerful and reliable emotional response in us than thoughts do.

Have reliable starting strategies; this is why enables you to keep doing with desired changes.

If you frame imperfection as a necessary evil, it’s not going to help you very much. It’s better to internalizing how and why it’s your preferred way to live.

Have high general expectations but low specific expectations.

If something is important to you, it should be your goal to make it casual – not special – because habits are casual.

Use procedural thinking instead of circumstantial thinking. Focus on the process and not the end result. For mental freedom, be apathetic about your current circumstances and potential results. Instead, obsess over the process. When you focus on process, you haven’t just lowered expectations, you’ve bypassed them altogether.

If something unfortunate happens, but it was chance-related, you have no right and reason I feel like you personally failed.

Say “could” instead of “should”

Effort over Perfection

Care less about results. Care more about putting in the work.
Care less about problems. Care more about making progress despite them. If you must fix something, focus on the solution.
Care less about what other people think. Care more about who you want to be and what you want to do.
Care less about doing it right. Care more about doing it at all.
Care less about failure. Care more about success.
Care less about timing. Care more about the task.

If something is important to you, it should be your goal to make it casual – not special – because habitsvare casual.

Whatever you want to do more of in life, lower the bar for doing it. If you are willing to do it in the sewer, you will never fail to do it again.

Use countdown timers as a clear starting point when u’re resisting on something. For instance, tell ur self u’re going to the gym when countdown timer hits 5 minutes and set that timer.

People who want the most approval get the least and people who need approval the least get the most.

People seek approval because they lack self-confidence and self-esteem, and because they want to be liked by everyone.

Practise being confident by taking up more space by opening up your wingspan.

Don’t seek approval from others or you’ll never have approval from yourself.

Be who you are and say what you feel, because those who mind don’t matter and those who matter don’t mind.

Make success easier than failure, and you will succeed.

The more fearless, confident, and free a person is, the more they embrace imperfection in their life.

Instead of expecting perfect results, the imperfectionist expects perfect progress and consistency.

The newfound freedom rom setting lower bars for action gives you the all-important sense of autonomy that is inherently lacking in self-help advice. Over time, you’ll realise that you can do more with freedom and confidence than you ever could with high-pressure goals and lofty expectations. Another way to phrase “unrealistic expectations” is “thinking too much about results.” Focus on process instead of results. Result apathy is the ironic path to incredible results.

Focus on the process and let results take care of themselves. It’s smarter to focus on what you can control and in this case, process.

The procedural thinker doesn’t focus on exercise yet because that’s not where the process begins. Difficult processes become easier with “one step at a time” thinking; they are made nearly impossible by looking ahead.

Non-fixable rumination? Acceptance is imperative no matter how painful. Rumination is a desperate, futile attempt to change the past by thinking about it. It’s a form of denial, and acceptance is the antidote. Fixable rumination? Accept it and try again. Almost all things people ruminate about are solvable problems.

Chance outcomes cannot be considered failures. Persistence is chance’s best friend, because if you continue to try a chance-based venture, you will probably succeed in time.

If something is chance/based, be stubbornly persistent. There is no reason to quit a chance-based venture. Ever.

Redefine success as progress and raise your standards for consistency. Even small or flawed progress gets significant very quickly when you’re consistent.

I will find through practising mini habits that an appreciation for all forward progress is life-changing.

I will likely get hooked on the feeling of consistent daily success once I start.

A good plan violently executed now is better than a perfect plan executed next week.

When you make a mistake that doesn’t permanently harm you, it helps you.

If a task takes 2 minutes or less, do it without further contemplation. Since deliberation requires so much cognitive energy, inefficiency is a problem.

Always be looking to terminate the deliberation phase ASAP with a commitment to one task.

If you feel there is a need for more information about a decision, there are 2 possibilities.
1. More info can be obtained to make decision easier.
2. More info can’t be obtained, or won’t impact the decision.
Always ask yourself which scenario is taking place. You could decide to SEEK more information. Simply not doing anything is never the right choice.

When you’re trying to make a decision, ask..
1. What’s the worst thing that could happen? How likely is that to happen, and could I recover from it?
2. What’s the best thing that could happen? How likely is that to happen, and how nice would it be?
3. What’s most likely to happen?

Your best chance to reach your big dreams is through small goals in quantity. Dreaming big doesn’t mean aiming big.

The problem of perfectionism is not the aspect of striving for excellence, but striving for impossible standards that you didn’t personally set.

Concerning yourself over making mistakes increases your anxiety and fear of action.

Adopt a binary mindset – turn usually analog tasks into binary tasks and u can execute “perfectly” all the time! Either you do, or you do not; there is no try, because try is analog; wow, exactly as Yoda says!
For example, don’t aim for a “good” workout because “good” is subjective, it’s analog. Just do, or do not. Show up to win. Binary focuses on facts. Did it happen? Or not?
Analog is subjective; focuses on quality, impact, reception, mistakes and overall how close to perfect you are. Always choose binary, and through learning and practice, you’ll get the desired results without worrying about them.

Create “success cycles”.

We love easy. Forcing ourselves to do hard things won’t last long because we don’t like it; it works better to make the hard things easier to do. Make success easier than failure and you will succeed. Redefine success as progress. Instead of expecting perfect results, the imperfectionist expects perfect progress and consistency.

Redefine success and success will become modular. You’ll get more frequent feelings of accomplishment and create a powerful foundation that can always be added to.

Choose experience over projection
Projection is the primary reason why people have doubts about actions. Projecting means predicting or imagining an outcome; it is often inaccurate.

Continued pleasures wear off. Continued hardships lose their poignancy.

The second you understand there is a bigger benefit and less downside to doing something, do it.

It helps to have a powerful and analytical brain when considering huge decisions like marriage, mortgage options, career choices etc. It doesn’t help much for simple things.
Choose one of your “good” ideas and be happy about it, don’t waste too much time thinking.
To do this, you must:
1. Embrace imperfection
2. Consider the true risk and consequences of doing the wrong thing
3. Simplify your thinking to stop over analysing each option. If activity = good then do it.
With the time and energy saved by moving into implementation mindset as and yucky and frictionless as possible, you’ll be able to do more of ALL of the things you want to do. Decision-making is accomplished with the pre-frontal cortex, making it an energy-intensive task, so expediting the process will save you a lot of energy!

People who have the and quick-decision habit are seen as fearless and confident.

Follow the 2 minute rule to eliminate worthless overanalysis.

Go for quantity, then refine. Quantity is the path to quality.

Kill the notion of the golden path

All paths have some value, and while some are measurably better than others, finding the best one isn’t as important as moving forward in life. Unequivocally, the worst choice is inaction.

If you keep your path flexible and practice perseverance, you’re going to get many of the things you want in life.

Every choice we make from this day will be imperfect so let’s take comfort in that by allowing ourselves to choose without unnecessary guilt and self-criticism.

Focusing on process guarantees better results, while focusing on results distracts you from the process needed to obtain them.

Instead of seeing a situation as going from 1 (poorly) to 10 (perfectly), see situations as 0 (not doing anything) to 1 (doing something)

The 10X Rule by Grant Cardone

Set targets that are 10x what you think you want, then do 10x what you think it will take to accomplish those targets. Massive thoughts must be followed by massive actions.

10x rule: 10x the thoughts and 10x the actions of other people.

Never reduce a target. Instead, increase the actions.

Any target attacked with the right actions in the right amounts with persistence is attainable.

Regardless of timing, the economy, the product, or how big the venture is, the right acts done to the right degree over time will make you successful.

There will be something you will never foresee, regardless of how detailed your business plan is.

Success is important.
Success is your duty.
There is no shortage of success.

Success is important to a person’s sense of self. It promotes confidence, imagination, and a sense of security and emphasises the significance of making a contribution.

How close are you to full capability? You might not like the answer very much. If you don’t consider it your duty to live up to your potential, then you simply won’t. If it doesn’t become an ethical issue for you, then you won’t feel obligated and driven to fulfill your capacity.

Children who can’t get what they want will fight for a little while, cry for a little bit, and then convince themselves that they never wanted it in the first place.

The reason why successful people seem lucky is because success naturally allows for more success.

People create magical momentum by reaching their goals, which compels them to set – and eventually reach – even loftier goals.

Lucky people don’t make successful people; people who completely commit themselves to success seem to get lucky in life.

If you are a me to repeatedly attain success, it becomes less of a “success” and more of a habit – almost everyday life for some people.

Success comes about as a result of mental and spiritual claims to own it, followed by taking actions over time until it is acquired.

You must constantly demand success as your duty, obligation, and responsibility.

Success is CREATED, not acquired.

Deep Work by Cal Newport

The key to developing a deep work has it is to move beyond good intentions and add routines and rituals to your working life designed to minimise the amount of your limited willpower necessary to transition into and maintain a state of unbroken concentration.

You must be careful to choose a philosophy that fits your specific circumstances, as a mismatch here can derail your deep work habit before it has a chance to solidify.

Bimodal philosophy of deep work – this philosophy asks that you divide your time, dedicating some clearly defined stretches to deep pursuits and leaving the rest open to everything else.

Chappell would wake up and start working by give thirty every morning. He would then work until seven thirty, make breakfast, and go to work already done with his dissertation obligations for the day.

Isaacson was methodic: Any time he could find some free time, he would switch into a deep work mode and hammer away at his book.

Waiting for inspiration to strike is a terrible plan. In fact, perhaps the single best piece of advice I can offer to anyone trying to do creative work is to ignore inspiration.

Great creative minds think like artists but work like accountants.

Great minds didn’t deploy rituals to be weird; they did so because success in their work depended on their ability to go deep, again and again.

By leveraging a radical change to your normal environment, coupled perhaps with a significant investment of effort or money, all dedicated toward supporting a deep work task, you increase the perceived importance of the task.

There was nothing physically stopping Gates from thinking deeply in his office in Microsoft’s Seattle headquarters, but the novelty of his weeklong retreat helped him achieve the desired levels of concentration.

It’s not the amenities of the cabins that generate their value; it’s instead the grand gesture represented in the design and building of the cabin for the sole purpose of enabling better writing.

If you want to win the war for attention, don’t try to say no to the trivial distractions you find on the information smorgasbord; try to say yes to the subject that arouses a terrifying longing, and let the terrifying longing crowd out everything else.

Lead measure = time spent in a state of deep work dedicated toward your wildly important goal.

Cadence of accountability is where execution really happens.

Use a weekly review to look over your scoreboard to celebrate good weeks, help understand what led to bad weeks, and most important, figure out how to ensure a good score for the days ahead.

Tim Greider: “I am not busy. I am the laziest ambitious person I know.”

Providing your conscious brain time to rest enables your unconscious mind to take a shift sorting through your most complex professional challenges.

To concentrate requires what ART calls directed attention. This resource is finite: if you exhaust it, you’ll struggle to concentrate.

When walking through nature, you’re freed from having to direct your attention, as there are few challenges to navigate.

The work that evening downtime replaces is usually not that important.

For a novice, somewhere around an hour a day of intense concentration seems to be a limit, while for experts this number can expand to as many as four hours – but rarely more.

If you’re careful about your schedule, you should hit your daily deep work capacity during your workday. By evening, you’re beyond the point where you can continue to effectively work deeply.

Once your workday shuts down, you cannot allow even the smallest incursion of professional concerns into your field of attention.

We do not need to complete a task to get it off our minds. Committing to a specific plan for a goal may therefore not only facilitate attainment of the goal but may also give free cognitive resources for other pursuits.

You cannot consider yourself as fulfilling this daily obligation unless you have stretched to the reaches of your mental capacity.

The ability to concentrate intensely is a skill that must be trained.

Once your brain has accustomed to on-demand distraction, it’s hard to shake the addiction, even when you want to concentrate.

Don’t take breaks from distraction. Instead take breaks from focus.

Instead of scheduling the occasional break from distraction so you can focus, you should instead schedule the occasional break from focus to give in to distraction.

To succeed with deep work you must rewire your brain to be comfortable resisting distracting stimuli.

Your ability to concentrate is only as strong as your commitment to train it.

The great and profound mistake which my typical man makes in regard to his day is that even though he doesn’t particularly enjoy his work, he persists in looking upon those hours from ten to six as “the day” to which the ten hours preceding them and the six hours following them are nothing but a prologue and epilogue. This is illogical and unhealthy.

Put more thought into your leisure time.

One of the chief things which my typical man has to learn is that the mental faculties are capable of continuous hard activity; they do not tire like an arm or leg. All they want is change – not rest, except in sleep.

If you give your mind something meaningful to do throughout all your waking hours, you’ll end the day more fulfilled, and begin the next one more relaxed, than if you instead allow your mind to bathe for hours in semiconscious and unstructured web surfing.

Once you’ve hit your deep work limit in a given day, you’ll experience diminishing rewards if you try to cram in more.

Shallow work in inevitable, but you must keep it confined to a point where it doesn’t impede your ability to take full advantage of the deeper efforts that ultimately determine your impact.

Your goal is not to stick to a schedule at all costs; it’s instead to maintain, at all times, a thoughtful say in what you’re doing with your time going forward – even if these decisions are reworked again and again as the day unfolds.

A deep work habit requires you to treat your time with respect.

Deep work is way more powerful than most people understand.

Principles by Ray Dalio

Principles solidified the way I thought about making decisions and is pretty clearly the most important book I read in 2017, if not my entire life.

I made copious notes from the book and thought I might as well share it here.

Well worth buying a physical copy and keeping it on your shelves in my opinion.

I might get around to organizing the notes a little but I’m just putting it up in raw form, hopefully it’s useful to some people.

When you change the systems that currently run your life, you’ll start producing the results you desire – and it can feel like it’s all on autopilot.

Principles are fundamental truths that serve as the foundations for behaviour that gets you what you want out of life.

They can be applied again and again in similar situations to help you achieve your goals.

If we classify these situations into types and have good principles for dealing with them, we will make better decisions more quickly and live better lives as a result. Having a good set of principles is like having a good collection of recipes for success.

Think for yourself to decide 1) what you want 2) what is true and 3) what you should do to achieve 1 in light of 2, and to do that with humility and open-mindedness so that you consider the best thinking available to you.

To make money in the markets, one needs to bean independent thinker who bets against the consensus and is right. To be a successful entrepreneur, the same is true one had to be an independent thinker who correctly bets against the consensus, which means being painfully wrong a fair amount.

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Make believability-weighted decisions, operate by principles, and systemize your decision making.

1. What do you want?
2. What is true?
3. What are you going to do about it?

Time is like a river that carries us forward into encounters with reality that requires us to make decisions. We can’t stop our movement down this river and we can’t avoid those encounters. We can only approach them in the best possible way.

If you are ready to give up everything else and study the whole history and background of the market and all principal companies whose stocks are on the board as carefully as a medical student studies anatomy – if you can do all that and in addition have the cool nerves of a gambler, the sixth sense of a clairvoyant and the courage of a lion, you have a ghost of a chance.

I just want to be right – I don’t care if the right answer comes from me.
1. Seek the smartest people who disagreed with me so I could try to understand their reasoning.
2. Know when not to have an opinion
3. Develop, test and systemize timeless and universal principles
4. Balance risks in ways that keep the big upside while reducing the downside

Bridgewater is built as an idea meritocracy – not an autocracy in which I lead and others follow, and not a democracy in which everyone’s vote is equal – but a meritocracy that encourages thoughtful disagreements and explores and weighs people’s opinions in proportion to their merits.

My approach was to immerse myself in a business until I got to a point where I felt that the strategies I was handing off were the ones I would use were I running the company myself.

Return of a market itself is called beta. Alpha is the return that comes from betting against others.

If you work hard and creatively, you can have anything you want but not everything.

Maturity is the ability to reject good alternatives in order to pursue even better ones.

Juggling work and family has been as much a challenge to me as to anyone else, especially since I wanted both to be great, so I combined them whenever I could.

I didn’t value experience as much as character, creativity, and common sense, which I supposed was related to my uavin started Bridgewater two years out of School myself, and my belief that having an ability to figure things out is more important than having specific knowledge of how to do something.

Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of upside without being exposed to unacceptable downside.

Having a process that ensures problems are brought to th surface, and their root causes diagnosed, assures that continual improvements occur.

I realized then how essential it is that people in relationships must be crystal clear about their principles for dealing with each other.
1. Put our honest thoughts out on the table
2. Have thoughtful disagreements in which people are willing to shift their opinions as they learn and
3. Have agreed-upon ways of deciding if disagreements remain so that we can move beyond them without resentments

Those that do best both see a wide range themselves while triangulating well with other brilliant people who see things in different, complementary ways.

There are far fewer types of people in the world than there are people and far fewer different types of situations than there are situations, so matching the right types of people to the right types of situations is key.

One of the great things about algorithmic decision making is that it focused people on cause-effect relationship and, in that way, helps foster a real idea meritocracy.

It is very important to make sure no one person is more powerful than the system. Therefore a governance model is necessary.

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It’s perfectly sensible to not have any desire to go on a hero’s journey. What’s most important is to know one’s own nature and operate consistently with it.

To transition well, there are only 2 things you need to do. Put capable ceos in Place and have a capable governance system to replace the CEO’s if they’re not capable.

 

 

Governance is the system of checks and balances ensuring that an organization will be stronger than whoever happens to be leading it at any one time.

I learnt to love my struggles which I suppose it a healthy perspective to have, like leaning to love exercise.

The satisfaction of success doesn’t come from achieving your goals, but from struggling well.

Since Life brings both ups and downs, struggling well doesn’t make your ups better; it makes your downs less bad.

I’m still struggling and I will until I die, because even if I try to avoid the struggles, they will find me.

I find it exhilarating being caught up in the feedback loop of rapid learning – just as a surfer loves riding a wave, even though it sometimes leads to crashes.

Dreams + Reality + Determination = A Successful Life

Learning is the product of a continuous real-time feedback loop in which we make decisions, see their outcomes and improve our understanding of reality as a result.

Perfection doesn’t exist; it’s a goal that fuels a never ending process of adaptation.

Evolution has produced a) incentives and interactions that lead to individuals pursuing their own interests and resulting in the advancement of the whole b) the natural selection process and c) rapid experimentation and adaptation

The constant drive toward learning and improvement makes getting better innately enjoyable and getting better fast exhilarating. Material rewards don’t supply anywhere near the long term satisfaction that getting better at something does.

There is no avoiding pain, especially if you’re going after ambitious goals.

Most people have a tough time reflecting when they are in pain and they pay attention to other things when the pain passes, so they miss out on the reflections that provide the lessons.

The challenges you face will test and strengthen you. If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximising your potential.

Though this process of pushing your limits, of sometimes failing and sometimes breaking through – and deriving benefits from both your failures and your successes – is not for everyone, if it is for you, it can be so thrilling that it becomes addictive.

The higher your ascend, the more effective you become atvwitkijg with reality to shape outcomes toward your goals. What once seemed impossibly complex becomes simple.

Embrace tough love. In my own life, what I want to give to people, most importantly to people I love, is the power to deal with reality to get what they want. In pursuit of my goal to give them strength, I will often deny them what they “want” because that will give them the opportunity to struggle so that they can develop the strength to get what they want on their own.

Do not be embarrassed about your problems, recognise that everyone had them. Bringing hem to the surface will help break bad habits and develop good ones, and you will acquire real strengths and justifiable optimism.

People should be helped by giving them opportunities and the coaching they need to become strong enough to take advantage of their opportunities.

If you can do it well, you can change your psychological reaction to it so that what was painful can become something you crave.

Think of yourself as a machine operating within a machine and know that you have the ability to alter your machines to produce better outcomes.

While the right design is essential, it is only half the battle. It is equally important to out the right people in each of those positions.

By comparing your outcomes with your goals, you can determine how to modify your machine.

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Distinguish between you as The Designer if your machine and you as a worker with your machine.

If you can recognise the differences between those roles and that it is much more important that you are a good designer/manager of your life than a good worker in it, you will be on the right path. To be successful, The Designer/manager you has to be objective about what the worker you is really like, not believing in him more than he deserves, or putting him in jobs he shouldn’t be in.

If you are disappointed because you can’t be the best person to do everything yourself, you are terribly naive.

When encountering your weaknesses, you have 4 choices
1. You can deny them
2. You can accept them and work at them in order to try to convert them into strengths
3. You can accept your weaknesses and find ways around them
4. You can change what you are going after

Asking others who are strong in areas where you are weak to help you is a great skill that you should develop no matter what, as it will help you develop guardrails that will prevent you from doing what you shouldn’t be doing. All successful people are good at this.

1. Don’t confuse what you wish were true with what is really true
2. Don’t worry about looking good – worry instead about achieving your goals
3. Don’t overweight first order consequences relative to second and third order ones
4. Don’t let pain stand in the way of progress
5. Don’t bone bad outcomes on anyone but yourself

5 step process to get what you want out of life
1. Have clear goals
2. Identify and for tolerate problems that stand in the way of your achieving those goals
3. Accurately diagnose the problems to get at their root causes
4. Design plans that will get you around them
5. Do what’s necessary to push these designs through to results

You will need to do all five steps well to be successful zc and you must do them one at a time and in order.

Get used to the discomfort that comes with the constant frustration. You will never handle everything perfectly. Mistakes are inevitable and it’s important to recognise and accept this fact of life. The good news is that every mistake you make can teach you something, so there’s no end to learning.

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Your ability to get what you want will thrill you.

Typically, desires are first order consequences.

Decide what you really want in life by reconciling your goals and your desires.

Think about your problem as a set of outcomes produced by a machine.

You need to push through and that requires self-discipline to follow your script. It’s important to remember the connections between your tasks and the goals that they are meant to achieve.

Good work habits are vastly underrated.

Establish clear metrics to make certain that you are following your plan. There are many successful, creative people who aren’t good at execution. They success because they forge symbiotic relationships with highly reliable task-doers.

When you’ve completed all 5, you start again with a new goal.

Goal setting requires you to be good at higher level thinking like visualization and prioritization. Identifying and not tolerating problems requires you to be perceptive and good at synthesising and maintaining high standards. Diagnosis requires you to be logical, able to see multiple possibilities, and willing to have hard conversations with others. Designing requires visualization and practicality. Doing what you set out to do requires self-discipline, good work habits and a results orientation.

There are 2 paths to success 1. To have what you need yourself 2. To get it from others

Having both open-mindedness and good mental maps is most powerful of all.

Ego and blind spots are the fatal flaws that keep intelligent, hardworking people from living up to their potential.

Radical open-mindedness is motivated by the genuine worry that you might not be seeing your choices optimally.

Open mindedness doesn’t mean going along with what you don’t believe in; it means considering the reasoning of others instead of stubbornly and illogically holding on to your on point of view.

Be clear whether you are arguing or seeking to understand and think about which is most approriate based on your and others believability.

If both parties are peers, it’s appropriate to argue. But if one person is clearly more knowledgeable than the other, it is preferable for the less knowledgeable person to approach the more knowledgeable one as a student, the vice versa as a teacher.

Believable people are those who have repeatedly and successfully accomplished the thing in question.

Appreciate the art of thoughtful disagreement. Your goal is not to convince the other party that you are right – it is to find out which view is true and decide what to do about it.

Spend your time exploring ideas with the most believable people you have access to.

Triangulate your view with believable people who are willing to disagree.

Assess your relative believability to determine whether your primary role should be as a student, teacher or a peer.

Close minded people say things like “I could be wrong” but it’s often a perfunctory gesture that allows people to hold their own opinion while convincing themselves that they are being open-minded.

Make being open-minded a habit. The life that you will live is most simply the result of habits you develop.

Get to know your blind spots.

“Machine thinking” tools will continue to develop and smart decision makers will learn how to integrate them into their thinking.

Becoming truly open minded takes time.

People aren’t intentionally acting in a way that seemed counterproductive; they were just living out things as they saw them, based on how their brains worked. As off-base as they seem to me, they saw me the same way.

Most attributes are a double-edged sword that brings potential benefits and potential harm.

The rewards of working together to make the pie bigger are greater than the rewards of self-interest, not only in terms of how much “pie” one gets but also in the psychic rewards wired into our brains that make us happier and healthier.

3 step habit loop: 1. Cue 2. Routine 3. Reward

Train your “lower level you” with kindness and persistence to build the right habits

Brain plasticity is what allows your brain to change its “softwiring”.

Introverts often prefer communicating in writing (such as email) rather than speaking in group settings and tend to be less open with their critical thoughts.

Manage yourself and orchestrate others to get what you want. Consciously develop habits that will make doing the things that are good for you habitual.

As a professional decision maker, look for rules and systems that will improve your odds of being right.

The biggest threat to good decision making is harmful decisions, and decision making is a 2 step process: first learning, then deciding.

It’s never harmful to at Keat hear an opposing point of view.

Deciding is the process of choosing which knowledge should be drawn upon. This involves playing different scenarios through time to visualise an outcome consistent with what you want. To do this well, you need to weigh first order consequences against second and third order consequences, and base your decisions not just on near term results but on results over time.

Getting an accurate picture of reality ultimately comes down to two things: being able to synthesis accurately and knowing how to navigate levels.

There are typically just 5 to 10 important factors to consider when making a decision.

Decision making should be evidence-based and logical when groups of people are working together.

Think of every decision as a bet with a probability and a reward for being right and a probability and a penalty for being wrong.

The best choices are the ones that have more pros than cons, not those that don’t have any cons at all.

Convert your principles into algorithms and have the computer make decisions alongside you.

The ego barrier is our innate desire to be capable and have others recognise us as such. The blind spot barrier is the result of our seeing things through our own subjective lenses.

1. Go after what you want
2. Fail and reflect well through radical open-mindedness
3. Change and evolve to become ever more capable and less fearful

Make your passion and your work the same and do it with people you want to be with.

Work is primarily the game that you play to follow your passion and achieve your Mission.

It is never acceptable to get upset if the idea meritocracy doesn’t produce the decision that you personally wanted.

The worst way to pick people is based on whether their conclusions align with yours.

People can have a wonderful relationship and disagree on some things; you don’t have to agree on everything.

Don’t pay as much attention to people’s conclusions as to the reasoning that led them to their conclusions.

1. Remember the goal
2. Give the goal to people who can achieve it or tell them what to do to achieve it
3. Hold them accountable
4. If they still can’t do the job after you’ve trained them and given them time to learn, get rid of them

If you put your goals in the hands of RPs who can execute those goals well, and if you make it clear that they are personally responsible for achieving those goals and doing the tasks, they should produce excellent results

Give me someone who can be responsible for an entire area – someone who can design, hire, and sort to achieve the goal – and I can be comfortable things will go well

Everybody has strengths and weaknesses. They key is understanding one’s weaknesses and successfully compensating for them.

The greatest gift you can give someone is the power to be successful. Giving people the opportunity to struggle rather than giving them the things they are struggling for will make them stronger.

Being able to see yourself from a higher level is essential for personal evolution and achieving your goals.

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No matter what you do, at a high level you are simply setting goals and building machines to help you achieve them.

A great manager is essentially an organisational engineer

Build great metrics. If your metrics are good enough, you can gain such an complete and accurate view of what your people are doing and how well they are doing it that you can almost manage via the metrics alone.

For every case you deal with, your approach should have 2 purposes: 1. To move you closer to your goals 2. To train and test your machine

Eliminate any confusion about expectations and ensure that people view their failures to complete their tasks and achieve their goals as personal failures.

The most important person on the team is the one who is given the overall responsibility for accomplishing the Mission. This person must have both the vision to see what should be done and the discipline to make sure it is accomplished.

You must stretch yourself if you want to get strong.

Every problem you find is an opportunity to improve your machine.

If you’re not worried, you need to worry – and if you’re worried, you don’t need to worry.

Don’t focus too much on rare events or the trivial problems – nothing and no one is perfect – but be sure you are not overlooking a clue to a systemic machine problem.

Build the Organization around goals rather than tasks

The excitement of visualizing these ideas and my desire to build them out is what pulls me through the thorny realities of life to make my dreams happen

Make your work and passion the same thing. Struggle well with others on your common mission to produce the previously unmentioned rewards. Savor both your struggles and your rewards. Evolve quickly and contribute to evolution in significant ways.

The Millionaire Fastlane by MJ DeMarco

The real golden years of your life are when you’re young, sentient, and vibrant.

Fast wealth is created exponentially, not linearly. Change can happen in an instant.

Wealth is a road trip, not just a road. The road trip can’t be outsourced to a chauffer.

Wealth is a formula, not an ingredient.

Millionaires are forged by process, not by events.

Tolls weed out the weak and escorts them to the land of normal.

Wealth trinity: family, fitness, freedom.

Faux wealth destroys real wealth.

If you need to think whether you can afford something, you can’t.

Self-made millions arise from self-made luck.

You can’t be a victim if you don’t relinquish power to someone capable of making you a victim.

Hitchhikers seek the easy life yet want someone else to pay for them.

Drive, don’t hitchhike.

Who’s the idiot, the idiot, the idiot himself, or the idiot that hires the idiot?

Take responsibility followed by accountability. Take precautions to ensure bad things don’t happen again. Taking responsibility is the first step to taking the driver’s seat of your life. Accountability is the final.

You deserve what your actions earned, and haven’t earned.

For slowlaners, on friday, people are paid FREEDOM in the currency of saturday and sunday.

The ROI for 5-for-2 is negative 60%.

The slowlane is a plan that takes decades to succeed, often requiring masterful political prowess in a corpprate emvironment.

The predisposed destination of the slowlane is mediocrity. Life isn’t great, but it isn’t so bad either.

By working faithfully 8 hours a day, you may eventually get to be the boss and work 12 hours a day.

You don’t have 300 years to save one million dollars.

You can learn more in 2 months as an emtrepreneur than you do working 10 years at dozens of dead-end jobs.

Having a job means no control.

Wealth accumulation is thwarted when you don’t control your primary income source.

Time is life’s fuel. In life, mortality rate is 100%.

The slowlane is a plan of hope. You need control, not hope! Hope is not a plan!

Slowlane wealth is improbable due to ULL (uncontrolled limited leverage)

In the slowlane, intrinsic value is numerically limited because there are only 24 hours in the day and the average lifespan is 74 years.

If you don’t control the variables inherent in your wealth universe, you don’t control your financial plan.

Slowlaners attempt to manipulate intrinsic value by education.

Parasitic debt is debt that creates indentured time and forces work.

Gurus get rich via the fastlane route but preach the slowlane road. What they teach is not what made them rich.

Take advice from people with a proven, successful track record of their espoused discipline.

Debt is useful if it allows me to build and grow my system.

Time is the most important asset i have, far exceeding money.

The moment you stop learning is the moment you stop growing. Constant expansion of knowledge and awareness is critical to my journey.

Money is everywhere and it’s extremely abundant. Money is a reflection of how many lives i’ve touched. Money reflects the value i’ve created.

I earn income via systrms and investments.

I make something from nothing. I give birth to assets and make them valuable to the marletplace. Other times, i take exiting assets and add value to them.

Build systems for cashflow and asset valuation.

Wealth = net profit + asset value

The more i help, the richer i become in time, money, and personal fulfilment.

Lifetime passive income, eother through business or investments.

Life is what i make it. My financial plan is entirely my responsibility and i choose how i react to my circumstances.

My dreams are worth pursuing no matter how outlandish, and i understamd that it will take money to make some of those dreams real.

Switch from a consumer mindset to a producer mindset.

Liquidation events create millionaires overnight.

The key to the fastlane wealth equation is to have a high speed limit, or an unlimited range of values for units sold. This creates leverage. The market for the product or service detetmines your upper limit.

Liquidation events transform appreciated assets into money that can be transformed into another passive income stream: a money system.

Money grows on trees if you own a money tree. And you can own one if you know how and where to get the seeds.

If you have a passive income that exceeds all your needs and lifestyle expenses including taxes, you’re retired.

Money-tree seedlings: rental systems, computer systems, content systems, distribution systems, human-resource systems

Compound interest is an amazing thing, but only towards the end. think about how to skip the front parts and skip right towards the end.

A saved dollar is the best passive income instrument. A saved dollar is a freedom fighter added to your army.

The rich leverage compound interest at its crest, applied against large sums of money.

Fast laners eventually become net lenders.

Impact millions, make millions.

Net profit = units sold x unit profit

The closer you get to large numbers, the closer you will get to wealth.

When you have a job, someone owns you.

When you are young, you have maximum horsepower and your choices discharge an incredible amount of firepower.

If you’re younger than 30, your choices are at peak horsepower because they are growing the thick branches of your choice tree.

Worst case consequence analysis:
1) what is the worst case consequence of this choice?
2) what is the probability of this outcome?
3) is this an acceptable risk?

Weighted average decision matrix:
Create a table that multiplies the advantage one choice has by how important it is in the grand scheme of things and seeing which has the higher score.

Extraordinary wealth requires extraordinary beliefs.

The people in your life are like your comrades in a battle platoon. They can save you, help you, or destroy you.

Time isn’t a comodity, something you pass around like a cake. Time is the substance of life. When anyone asks you to give your time, they’re really asking for a chunk of your life.

Everything you buy has 2 costs:
1. The actual dollar cost
2. The free time transformed into indentured time

Parasitic debt has to be stopped at its source: instant gratification.

Infinite knowledge is everywhere and it’s free. What’s missing is discipline to assimilate it.

If things are under control, you are just not going fast enough.

Interest reads a book; commitment applies the book 50 times.

The brick walls are there for a reason. The brock walls are not there to keep us out; the brick walls are there to show us how badly we want something. Tje brick walls are there to stop the people who don’t want it badly enough. They are there to stop the other people!

The best roads and the purest fastlanes satisfy the five fastlane commandments: need, entry, control, scale and time.

Stop chasing money – chase needs.

To attract money is to forget about money.

1. Make them feel better
2. Help them solve a problem
3. Educate them
4. Make them look better
5. Give them security
6. Raise a positive emotion
7. Satisfy appetites
8. Make things easier
9. Enhance their dreams amd give hope

Passion for an end goal, a why, drives fastlane action.

Having a passionate “why” can transform work into joy.

The commandment of entry states that as entry barriers fall, competition rises and the road weakens.

“everyone is doing it” is a signal to overbought conditions and the entrance of “dumb money”

Demand the driver’s seat; don’t be a passenger.

Network marketing is a powerful distribution system. As a fastlaner, seek to own one, not join one.

It doesn’t matter how many times you strike out in business because you only have to be right once, and that “once” can set you up for life.

Your total pool of customers determines your habitat. The larger the habitat, the greater the potential for wealth.

The commandment of time asks:
Can this business be automated and systematized to operate while i’m absent?
Are my margins thick enough to hire human resource seedlings?
Can my operatiom benefit from the introduction of a money tree seedling?
How can i get this business to operate exclusive of my time?

A business attached to your time is a job.

You can’t live a perfect day without doing something for someone who will never be able to repay you.

The 3 fastlane interstates:
Internet, Innovation, Intentional Iteration

At first, people refuse to believe that a strange new thing can be done, thenthey begin to hope it can be done, then they see it can be done – then it is done, and all the world wonders why it was not done centuries ago.

Old ideas suffice; just take it and do it better

Define the lifestyle: what do i want?
Assess the cost: how much does my dream cost?
Set the targets: set the money system and business income targets
Make it real: fund it and open it!

Live below your means, but with the intend to expand your means.

The fastlane is the means to your end because dreams cost money.

Conquer big goals by breaking them down to their smallest component.

Daily saving reinforces your relationship with money; it is your passive system that buys freedom and another soldier added to your army.

Speed is not thinking about a fastlane business, but creating it.

Speed is the transformation of ideas to execution. Ideas are potential speed. Execution is actual speed.

If you’re too busy copying or watching your competition, you’re not innovating.

In chess, lose your queen and you lose the game. In business, most emtrepreneurs play the game without their captured queen.

Businesses survive, brands thrive.

The most successful entrepreneurs lived their business and were 100% committed to it.

Successful business monogamy can lead to successful business polygamy.

Choices are made in a moment, but their consequences will transcend a lifetime.

Wealth is a formula and a systematic process of beliefs, choices, actions and habits that form a lifestyle.

Admit that the preordained path to wealth is fundamentally flawed because of uncontrollable limited leverage, weak math predicated on time. Admit that “get rich quick” exists. Admit that “no plan” is not a good plan. Admit that luck is the residue of engagement.

Stop amd swap allegiances from slowlane to fastlane.

Officially uncouple from the slowlane equation by creating your business structure in a fastlane entity.

Never stop learning.

Control my financial plan as this refers to the commendment of control.

Automate, replicate, and grow.