Matt Pocius, the youngest highest paid internet marketing consultant in the world, who has made his first million at the age 18, has sold 10,000s of products on Amazon, ranked hundreds of pages on the first page of Google, traded Forex, sold 1000s of information products and ran a newsletter with over 1,000,000 subscribers, did all of that while staying behind the scenes and keeping all of the secrets to himself.
However, for the very first time, Matt Pocius is now ready to share his knowledge with the public and developed various programs designed to deliver top entrepreneurship strategies and tactics to run a profitable business.
He attributes most of his success to his mentors – Tai Lopez and Dan Pena (The 50 Billion Dollar Man).
Tai Lopez – The 67 Steps
Step 1: Billionaire’s brain and Jennifer Lopez’s voice
The first few steps are the most important.
“To get what you want, you have to deserve what you want, the world isn’t crazy enough place to reward a bunch of undeserving people.” – Tai Lopez
Most people are victims – they have lottery thinking mentality. They constantly think that tomorrow will be better and they keep thinking, waiting, wishing while nothing really changes.
“But Tai, is he worth a damn?” Is that person worth a lot? Not just in money – is that person also in shape, happy, in love?
You first have to deserve a million dollars in order to get it.
Ask yourself – “How big is my deserving factor?”
To lose 100 pounds, you have to deserve to lose 100 pounds!
Awareness of your environment
People look at their keyboard thousands of times and still don’t know what the F7 button does. Be more aware of what is going on around you.
There are three kinds of people
• Those who watch things happen,
• Those who make things happen and
• Those who wonder what happened.
The average person doesn’t know practically anything, they just wonder.
Warren Buffett – if you would have to choose one student back in high school that was your classmate and you would get 10% of whatever he makes for the rest of his life, how would you choose that person? Would you choose the most athletic person? Perhaps the smartest person in class?
Would you bet on yourself? Change yourself, so that your deserving factor goes through the roof.
In that Warren Buffett’s game, Tai Lopez would look for awareness.
Awareness is the fastest way to increase the intangibles.
What counts are the intangibles, Ph.D.’s don’t confuse a billionaire’s brain. The billionaire wanted to know more about the author, rather than just focusing on the fact that the author has Ph.D.
If you wouldn’t bet on yourself, you really should get the intangibles that will boost your deserving factor through the roof. Work on developing wisdom, persistence, awareness…
“There is a time to smell the roses, but that time is NOT now” – Joel Salatin
Tai Lopez didn’t see that the cow doors were open and the cows were able to escape. He was focused on the beauty of nature at that time. There is nothing wrong with being present in the moment and enjoying your environment, but you have to choose that time carefully.
Helen Keller had developed the sense of touch so powerfully, she could live a complete life, without being able to see, hear, and talk, while others complain about everything and are unsuccessful while having all of those abilities.
Tai Lopez thinks that we should be asking ourselves – “Which kid makes observations that no other kid is making?” That is a good sign, that he is highly aware of his surroundings.
Life, as we find it, is too hard for us; it brings us too many pains, disappointments, and impossible tasks. In order to bear it, we cannot dispense with palliative measures… There are perhaps three such measures: powerful deflections, which cause us to make light of our misery; substitutive satisfactions, which diminish it; and intoxicating substances, which make us insensible to it. – Sigmund Freud
Sigmund Freud suggests, that rather than drinking and developing other habits, that makes us insensible and numb to the pain that the life brings us, we have to focus on the situation, rather than distracting ourselves from it.
Most people complain about the externals.
They need to understand, that if you don’t do much for the world, it won’t return you a huge reward.
Machines are already replacing minimal wage workers. That is why you have to go on an upward path to deserve more and more.
The world would be unfair if Arnold Schwarzenegger would lift heavy weights six hours per day and would remain fat and weak, while others that don’t exercise would remain healthy and strong.
Let’s think about it for a second – would you REALLY want to live in that world? You wouldn’t know what to do because the basic laws wouldn’t apply. You need to know exactly which laws apply in order to achieve what you want.
“I want a life that has the right rules so that I can plan it out”
I need to deserve it and do certain steps in order to be and then stay healthy – that is your deserving factor.
It took Bill Gates 19 years (from age 12 to 31) to become a billionaire with an IQ of 160. He worked relentlessly for 11 years, while not taking even a single day off. He deserves all the respect and all the value that he possesses.
The World is fairer than media and people around you will tell you.
Equality is good because you get what you deserve.
Most people have traumas in life. So did Nelson Mandela, but he chose not to be bothered by them, he forgave people for locking him in prison for 27 years. He deserves all of the respect and awards that he gets.
Would you rather live 1000 years ago? Tai Lopez thinks that we are going in the right direction.
The world is fair in a sense that you get what you deserve.
People would rather watch Michael Jordan play basketball than watching me play basketball.
You have to play a bigger part in the world to get a greater return.
A simple but effective exercise to start practicing your awareness is to stand naked in front of a mirror. In whatever shape you currently are, you have to admit that you probably deserve this. If you are in a great shape, you probably have decent habits around health and fitness. Similarly, you have to understand money and the habits around making and keeping the money in order to become wealthy.
While others are posting pictures on Facebook, Snapchat, and Instagram, LeBron James is up at 4 am every morning practicing basketball. You may want to deserve more, which is why you have to do more!
Watch TED talk – John Wooden: The difference between winning and succeeding.
Kareem Abdul-Jabbar is just one player, you’re not competing with the world, you’re competing with yourself.
“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.” – Charlie Munger
The are a lot of steps in the 67 steps program, but awareness is always the key – develop it and stop blaming others.
Jennifer Lopez – it’s not about the voice that she has (it’s not that simple). Society wants a certain music, dance moves, and character. Even if she is not the greatest singer in the world, the whole package that she is offering is exactly what people want.
Different people have different names for the intangibles – the ancient Greek philosopher Aristotle calls them “a moral character.” They are a set of traits that anybody can possess.
However, balance is difficult. It’s one thing to be able to sing, but it’s another to be able to dance, move, sing, and talk the way Jennifer Lopez does. It’s about the whole package including her lawyers, the studio, tours, and the experience. Jennifer Lopez is exceptional at what she’s doing.
By watching these people you may think it’s easy to do all of that, but it’s not! There are a lot of elements that they have to master, but it’s possible to master them over several years in small steps and the intangibles – staying persistent, humble, and confident.
Always think back on Warren Buffet’s high-school betting game – be wise, focused, aware… make sure you’re not like the person you wouldn’t bet on.
Achilles’ heel is not knowing what you don’t know – be extremely self-aware.
Be aware of how others are doing something. Learn and keep good qualities that you observe, while flushing bad habits out of your system. Lack of awareness will make you a failure.
Ideas will NOT make you rich!
Do you want to have nicer things, loyal friends, better health, happiness? Deserve it! Really think about it – nobody wants to talk to a shy person who never talks back. If you want to have better connections, you have to become the type of a person that people enjoy spending time with.
“From 1 to 10, what is my deserving factor, my awareness, and how do I increase it? Would I have bet on myself? What would I change to become the person I would bet on? What’s my plan to start deserving better things?”
Step 2: Blue-footed booby birds, ESS, and the 500-year-old mind
Charles Darwin found blue-footed booby birds on his travels – “Change is the basic law of nature!”
The most adaptable person in the always changing environment will be the best.
IQ and strength will not be enough. Not necessarily will the high school football star be the most successful in life after school is over.
We’re hard-wired not to be successful. That is one of the reasons why 1% runs the world.
Accept that you have not been changeable and adaptable enough. Perhaps you were staying too long in certain jobs that have no potential, relationships that don’t work, and most likely beliefs that are sabotaging your success but you are still holding on to them.
Read external stimulus and see how people behave to other people – don’t wait for decades to change, you have to do it faster!
Society puts IQ as a foundation to success. Most of the billionaires have a high IQ, but that doesn’t mean you can’t make it. It’s not the primary element, it’s not the main thing.
“Taller people are more successful”- one trait does not make a big difference, it’s not that simple.
Tai Lopez makes it easy for you to understand that you don’t have generations to change, you only have one life. If it should take you a full year to change something, cut that to three months!
We are all carrying something from 500 years ago. It’s the voice that says “if you don’t believe the Earth is flat, we will burn you.” Society keeps everything black and white, it’s built on two extremes, on two options. Unfortunately, life is not as simple, it’s not black and white.
The second you see almost anything as black and white, thinking it’s either “wrong” or “right” to do something, you’re violating Charles Darwin’s law.
“I’ve never met a man who would care less to fail.” This quote was said about Sam Walton, the founder of Walmart.
The standpoint of success and failure is not black and white. Just think about Thomas Alva Edison’s light bulb and 1.100 other patents that he had. Thomas Edison was one of the most famous inventors of all time and he “failed” to invent the light bulb over a thousand times. See everything that you are currently doing as an experiment. Starting a business is an experiment. See the signs around you and adapt to the always changing environment. It’s not a failure, it’s adaptation.
“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas A. Edison
We constantly judge ourselves and we have to stop. Nothing is really black and white. Everything you are doing is an experiment, it’s you changing yourself. Change is a basic law of nature, keep up!
Tai Lopez says that even saying “I did a good job. I have a successful business” is also black and white! Who says you have a successful business?
Conrad Hilton had “a successful hotel.” Almost overnight the road has changed and nobody came to his hotel anymore.
Nothing is ever really static. Even your skin is not static. Nothing involving humans remains the same. Not even “failure.”
A good thought on this concept is to think “I better be an adaptability machine that sheds away the rules of society”
“Does this diet work or not?” That question is completely black and white. People also say that a particular diet is made for an “average” person. Nobody is actually average, we are all unique.
The best diet is the one that is adapted to your unique and adaptable body!
Founders of Instagram, Kevin Systrom, and Mike Krieger wanted to create an address book, but they read the signs around them. They weren’t in love with their “black and white” idea, they adapted and made Instagram huge. Instagram was acquired by Facebook for around a billion dollars.
Their idea didn’t come from the sky and they weren’t supposed to follow blindly. It was not static, they have evolved it into something completely different than they planned in the beginning. Some things are black and white (murder should be punished), but most of them are not.
ESS – Evolutionary Stable Strategies
“I am working on my hypothesis, I experiment with it. I understand that experiments can’t fail or succeed and if my ideas will not work exactly the way I set out, I will change and adapt.”
EES is a stable environment that can exist on its own. It doesn’t really exist in the real world.
Go to bed a little bit smarter and get rid of a piece of ignorance.
The book: The Selfish Gene – Richard Dawkins
This is how nature works, even grass and cows adapt to each other. It seems like cows have a deal with grass. Grass let’s being eaten by the cows in order to grow more because of the way cows process it.
I have to cut deals with myself. Grass moves away from pain, and go towards the sun (reward). It’s not that different from us. Cows have ingredients that help grass grow again.
Certainty is one of the cognitive biases. Don’t be fixated on anything completely.
There is no right or wrong. It’s too complicated for every human mind to solve every political problem.
Humans are selfish, relationships are not black and white – just look at your friends when the times get hard. They are all there because they are getting something from you.
90% of love is about the lover, only 10% is about the object.
Things that really change you, are not easy. They are never described in the Cosmopolitan magazine. That is a sucker’s game. They are all just trying to sell you something.
Stop thinking like the masses – start using awareness, the intangibles, deserving factor, and start doing productive deals with yourself.
Colonel Sanders had 15 failed businesses – at least that is what society was saying about him. But out of each “failed business”, he got some judgment, some wisdom. It was a deal between his hotels that burned down, the outside environment, and him. At the end, he started KFC – Kentucky Fried Chicken which now has over 20 billion dollars of revenue per year.
Avoid extreme ideologies and don’t take things personally. Do not flip out or be a pushover. Don’t say “you’re doing it wrong, it’s not fair…”
If Tai Lopez would see someone that is getting the same reward while not working as hard is him, he would say: “I have noticed you are not working as much. I want mutual respect, let’s figure out, what we can do in order to achieve that.” It’s a much better way to approach the situation than to blame someone or make him feel bad. Nobody can say “no” to that proposal!
Don’t be fixated on the original deal, if someone does not work as much, change the salary.
Deal with things quicker, don’t wait – there are multiple options because nothing is just black or white.
“Arnold Schwarzenegger worked out for six hours per day, so I should do it too while eating the same diet” is the wrong way of thinking about it.
Certainty bias convinces us we should eat four fruits, just like it a certain book tells us to do. If everybody would do that exact same thing, some of them may die – some people are fruit intolerant. That is why you should never be fixated on anything. Do it, see if it works for you, or change it!
Seek stable strategy
These steps are the beginnings of your new habits. Even allergies can change, read the obvious signs. It will be hard at first which is why you will have to do it consciously.
Health is crucial and easy to start with. Just stand naked in front of the mirror and notice the way you look. Don’t project the way you want to look like, instead challenge the rule – “love yourself.”
Why should you love yourself? Have a good reason!
Saying “I am beautiful” is black and white. What is the objective truth? Try different diets and training programs to see what works for you.
The book: Salt Sugar Fat – How The Food Giants Hooked Us by Michael Moss tells us that our brain is our worst enemy.
Stop loving your bad parts! And while we are talking about this concept, “bad” is also thinking black and white, we should call it “ineffective.”
Peter Drucker recommends having 18-month goals because 18 months gives us enough time to make a lot of progress, no matter how fat and unproductive we are.
Most people think that they either have to succeed with that particular strategy or they will remain a failure. That is black and white, it is supposed to be just an experiment, never taken personally.
Some people are very angry when they are fired from their job because the job is being outsourced to China. They could have been prepared for that, this has been happening for 20 years! What have they been doing all this time? Why didn’t they read or went to a night school?
Stop being a victim to circumstances.
Things in business change fast – never stay attached to ideas, when someone gives you a better idea, use that while throwing your bad ones away.
See what is happening around you and create a new stable strategy – know that while you are building stability and you are adjusting, you will be temporarily unstable, which is extremely hard for most people.
Be tough enough, but don’t stay in unstable relationships and situations too long – you never have enough time for that!
If it’s obvious that you’re not moving forward your goal and none of the experiments work for two years, you might want to rethink something.
Don’t fear to be unstable while switching businesses or while being single.
Read biographies – get the courage to grind long enough to find the new Ess.
Think about their injustices, bad fortunes, bad mindsets they had, and how they got over it.
Get up at 4 am, hire three assistants and test them – if you hire only one, then you have no perspective about what a great assistant does for you.
A nineteen-year-old might not be yet that profound similar to when a six-year-old is training Karate. A grown man could beat them easily, but when they grow up, they can’t be stopped!
“I’m a learning, changing machine, there is no stability in an unstable world!”
A person you were an hour ago before you read this doesn’t exist anymore on the cellular level.
We have to accept that we will not find an absolute best business partner or an ideal friend but we can find our next ESS. As our technology evolves, change and implement it!
“You should sit while you work.” Why? Ask yourself “why” three times. Try different things and see how the work for you.
You will be able to see the direction that you are following. You may fall behind at times, but remember that you are working on your 18-month goal – Peter Drucker time frame.
Very carefully choose which people you want to see regularly – which are dragging you down. They might also be your family, friends, and current partners – reconsider your relationships.
Divorce can be better than sticking together just for the child if the child would have better habits that way. Amish believe in separation, but not in divorce.
“I want people to love me as I am” – Tai Lopez explains to us that maybe your mom will love you for who you are, but you will need to change to get other super successful people on board. Bring something to the table, try to be more/less outgoing, more/less kind, more/less social – experiment on all of your decisions and traits! See what works for you and then find your ESS.
Happiness – why don’t you jump out of bed in the morning feeling excited about the new day? Why should you move up in 5 years after working in the same job? If you don’t deserve it, you should move down. If you think you don’t deserve it ask for a demotion. Earn back your previous job, your boss will respect that.
Listen to only one person at the time, don’t mix a lot, but do a lot of experiments.
Tai Lopez makes us ask ourselves – “What is something I can’t live without?”
Challenge everything else.
What is the #1 area that you have not evolved and changed as quickly as you should have?
Step 3: Sam Walton’s night in a Brazilian Jail, Stealing from McDonald’s and Michael Jordan’s Humility
The book – Made in America written on death bed by Sam Walton
This book can be purchased for $6 and it has a complete plan of the trillion dollar company called Walmart.
The world is full of outward humility. People mistakenly thought that Michael Jordan had no humility, but his coaches and others that were working with him knew saw him on a different level. Michael Jordan listened better than anyone, then he took the advice and implemented it! Michael did that even when he was already the best.
He was the most teachable person that understood the importance of making the theory instinctual – he made it a part of who he was!
Most people are actually the exact opposite of Michael Jordan and Sam Walton. They are outwardly humble, but very cocky inward.
To prove this point just ask yourself “how many people do I know that go out and find mentors?” Unfortunately, most of them never admit that they have no idea what they are doing but they are still too proud and arrogant to seek help.
That is why you should be different and actively seek mentors – people that can take your wealth, relationships, health, and happiness to another level.
Sam Walton spent more time in other stores than in his own in order to learn. He often said, “I already know my store.”
Don’t act like you know it all! Don’t be cocky. The more you read, the more you’re saying with your actions.
On the other hand, don’t pay a lot of attention to outer humility. Most people say they are going to do something, but then they never do it.
Brazilian businessmen contacted the biggest CEO’s in the US seeking help, but only Sam Walton responded (by that time he has already made 160 billion dollars), and when they had dinner, he asked more questions than they did. Sam was already the best and he still wanted to learn more.
Sam Walton learned from everybody that he met, he just didn’t want to do the majority of those things – he only took the good parts and implemented them, while throwing the majority away because he had a better solution.
Sam already knew more than anyone in his market, but he still had the humility to listen and implement.
“Don’t tell me you are humble, show me you are humble.” – Tai Lopez
Sam’s Family once had to pick him up from jail. Sam was put there because he crawled the market’s floor and they thought he was crazy.
He actually just wanted to know the width of the aisles in Brazilian market to make sure they didn’t know something he doesn’t. Think about the level of humility that he had and keep in mind that he already made 160 billion dollars while crawling the floor.
Are you also obsessed with the fact that somebody knows something you don’t, so you project that attitude, not for an hour, but for your entire life?
Develop the mental Robin Hood mentality – everyone has a piece of gold in their brain and you want to get it for yourself – this, of course, works better with highly successful individuals that have a lot more gold for you to get.
Sam Walton was a billionaire and still crawled the floor – now think about your situation for a minute. What are your humility stories, who did you track down and learn from?
A multimillionaire making 12 million dollars per year was not able to answer a question asked by Tai Lopez about accounting, but at the next visit, he knew everything about that subject. He said that he used flash cards while brushing his teeth in order to learn what he previously didn’t know.
While he is still learning more and more every day about business, other people make a lot less money and act arrogant. They often reach a plateau, and if they are not careful, they will slowly go down.
Tai Lopez’s rich friends are the most humble, they read the most books, they hunt people down and learn from them (mentors), they listen to the signs around them – just a single question from Tai was enough for that particular wealthy friend to start learning more about accounting.
The book – Grinding it out by Ray Kroc (story about McDonald’s)
Tai Lopez continuously reminds us about our deserving factor – think about the hours you spent on the topic you’re trying to master, not about the number of books, but the level of learning. Michael Jordan’s best quality was being like a sponge, he was extremely learnable.
“Truly I tell you, unless you change and become like little children, you will never enter the kingdom of heaven.” – Matthew 18:3 (this quote talks about child’s curiosity and learning)
Have the humility in action!
“Everybody wants the good life, but not everybody gets the good life.” – Tai Lopez
The more you know, the less you know. The more things you learn, the more you realize how many things you still need to learn. On the other hand, the more arrogant you are, the less you usually learn and you know less and less until competitors crush you.
Confidence is fine, but balance it out. When you meet people, take notes. Keep accelerating your level of learning and humility.
Stop modeling the bad parts of people’s personalities, instead only use good principles.
It takes a lot of humility to build on top of something. Most people rather try from scratch.
“I have a billion dollar idea!” – Don’t be arrogant. If you never had a million dollar business, the idea doesn’t usually matter.
Warren Buffett started reading at the age of 7 and became a billionaire in 50 years with 160 IQ. He already finished all the local library books on his subject by the age of 12.
How can somebody say they have a billion dollar idea without having any knowledge, experiments, and experiences?
The powerful people all have mentors, even Einstein, Tesla, Aristotle…
• What’s your reading from 1-10?
• Tracking out mentors from 1-10?
• Copying the competitors from 1-10?
• Spending money on things on becoming Robin Hood from 1-10?
The goal is 10, make sure you raise your average level through the roof! If you had 10, you would have “the good life” right now. At least you should get to 8 or 9, so why do the majority of people have just a 5?
Stop having so much pride! Rewire that trait in the next 67 days while you are doing the 67 steps.
• Why are people such failures, yet so cocky?
• Where does the pride come from?
• Why are you so arrogant if you can barely pay rent, are overweight and if your relationships suck?
Amygdala is a part of our brain responsible for fear. It makes it almost impossible for us to forget traumatic experiences such as a dog bite or war for soldiers.
Usually, people have been used when they were humble, but that shouldn’t be an excuse to stop being humble and to start being arrogant.
Other people might not want to help you or they might laugh in the process, so you stop being humble – make sure you keep learning no matter what others say about it.
Our DNA actually changes when we are being bullied – traumas, when we are younger and vulnerable, can cause so much pain that we overdo it by being a “know it all”, by being cocky, we mask it. The few that stand out, overcome it, and stay humble, get the reward!
We are born with an instinct to be humble, however, fears and traumas cause us to put layers on top of that. You can be confident, as long as it’s backed up by action and it doesn’t stop you from evolving.
“I am the best basketball player” – Michael Jordan
That is what he told everyone on the court. He told them they will get beaten, but at the practice, he was always asking coaches “what should I do?”
Jordan had several different coaches and he listened to all of them – he was extremely humble.
We only get about 50.000 good hours in our lifetime, we have to make every day count!
How much would you value your money, if you only had $50,000 in your entire lifetime, how would you use it? You should use your time exactly the same – use it very strategically.
Specifically write out daily from 1 to 10 how well you did for that day.
Work with 66 days to develop a habit. A bit longer timeframe that will be used for long-term goals is Peter Drucker’s 18-month window.
Always be Robin Hood – carefully look for that one piece of gold in a book, grab the best insight, go to more events, and find the right people that will add value.
Only you can change your life. Take full responsibility for all your thoughts and actions.
Tai Lopez spent over $30.000 on books. Make it your goal to become the most teachable person anyone has ever met.
Don’t check books off your list, instead read the top hundred books over and over again while seeking for those few golden insights that they have to offer.
Alexander the Great brought his library with him.
What’s the number one area where I have not been humble enough?
Do not come and go as the masses, nobody remembers them, instead have a meaningful life.
Step 4: Picasso, rising tide, Law 33%- mentors
When Tai Lopez was sixteen years old, he got a letter from his grandfather which said – “you will never find all the answers from one person, but if you are lucky, you will find a handful of people to show you the way.” Tai found five mentors that taught him what he needed to know.
“Good artists copy, great artists steal.” – Pablo Picasso
This quote teaches us, that we need to remain humble and learn from other people.
“If I have seen further, it is by standing on the shoulders of giants.” – Sir Isaac Newton
Learning the way we are taught in school (visual, auditory, kinesthetic) will never be as effective as learning with osmosis. Just like the cow doesn’t tell anything, but baby cows walk and eat just like their mother.
The school system is broken, I must be a continual learning machine, making predictions in an unpredictable environment.
We have a unique ability to learn any language or skill, we are not hard-wired with only one language, we have the capacity to learn. By not having that we would be unable to experience the full human experience.
A rising tide lifts all boats – by picking the right environment and the right people, you will automatically move up in life because these individuals will raise your standards while changing your beliefs and habits.
Poor people should take rich people to dinner – always remember that 70% of communication is non-verbal. Look at how wealthy people carry themselves, how they handle aggression from other people, how they communicate…
If you only copy 60% of somebody’s character, you don’t know if you copied the good parts.
Mentors are individuals, who were down the same path as you and now know exactly how to overcome the challenges that you are currently experiencing.
It’s all about a simple question – “How do I pull off this thing called life?”
The first bird takes all the air, so others can fly easier – slowly become that leader.
The Law of 33%
Spend 33% of your time with people “below” you – they will also provide you a self-esteem boost and you will be able to help them. Life is a spectrum – you will help people that are not yet on the level that you currently are and people above you are going to help you.
Spend 33% of your time with people that are roughly on the same level as you. Keep in mind that some people will have to be left behind.
“If you come to me but will not leave your family, you cannot be my follower. You must love me more than your father, mother, wife, children, brothers, and sisters—even more than your own life!” – Luke 14:25-27
And most importantly – spend 33% of your time with people that are 10 to 20 years ahead of you, preferably in the same industry you are in, or that have exactly what you want.
It’s tough, masses can’t do it, it makes them uncomfortable – they shy away, make fun or are jealous. Have the character to do it! Don’t be a hater like others.
Life is often intolerable for us. That is why we use diversionary tactics. Instead, you should see it with the clear eye – these people are ahead of you and they got there with hard work. They will make you feel uncomfortable, it will be like lifting a mental weight – you need to lift a heavy one to get “the good life.”
When you feel the pain, you know you are growing.
ROI – Tai Lopez was hanging out with top businessmen and they were laughing at him because he didn’t know that ROI means Return On Investment. He felt terrible because people that he respected were laughing at him, but he learned and overcame that.
Enzymes are expensive to make and your body won’t make them if you don’t need them. That is the “use it or lose it effect.” Your body is saving energy by doing that.
You need that uncomfortable feeling to push you. Mentors will not give you cookies and tell you to try your best. They will be busy and a little rough around the edges – you will have to understand that they are not professional teachers, so they won’t explain things the way you are used to from school. It’s your job as their student to get those golden nuggets out of them and realize what they are trying to teach you which is often easier said than done.
Bill Gates made grown men cry – he was very tough to work with but that’s the real world.
They will not be professional mentors – to get those, go to college. You need to toughen up and learn from ultra successful people, even if they won’t always be nice and considerate.
Learn with osmosis – by being around them and seeing how they behave and do different things.
This law is very simple, but that does not mean it’s easy. You will often be in a conflict and they will be yelling at you while they teach.
“I don’t mind carrying a man, but I don’t want him to drag his feet.”
Even though Bill Gates made a lot of people cry, he created a lot of millionaires! The best mentors are the ones that actually do things.
You can’t look for perfection in mentors – you will be uncomfortable and feel a little burn… Mentors teaching you about real-estate investing might have a nasty divorce or health problems – you don’t need to copy all of their qualities. Just implement the good parts and knowledge that they have to offer.
“I don’t want to learn from someone who abandoned his daughter” – this is also black and white thinking. Steve Jobs was one of the greatest entrepreneurs but he was still just a man, we all have mistakes. There are just some people that are worth betting on more – the odds are better.
The devil is in the details.
People that had mentors: Albert Einstein, Jay-Z, Bill Gates, Jack Dorsey (Twitter), Martin Luther King Jr., Dalai lama (Gandhi), Alexander the Great, Aristotle, Plato – it is a never-ending pattern!
You can learn from people through computer and books, but you should still consider having some of your mentors in person to accomplish the osmosis effect.
The Karate Kid movie – when Daniel is angry but then he soon realizes that all the pieces fit together. Even when you don’t see how the pieces fit together, mentors will see ahead – they will know the things that you don’t understand yet.
Even if you are not being taught and helped by an extremely successful person directly, you can still learn how he talks and moves. Don’t expect they will use all their time teaching, you have to become an absorption machine and use their time wisely by being a quick learner. Be persistent, they might not say “yes” to you on your first try – “nothing is impossible to those who try.”
“Showing up is 80 percent of life. Sometimes it’s easier to hide home in bed. I’ve done both.” – Woody Allen
Dan Cook spent 20 years of his life doing comedy that nobody where nobody showed up – from 17 to 37 before he really made it.
Set 18-month goals – your goals need some time. 18 months is enough time to do a lot of improvements, so it’s not the too short time frame, but 10 years is a too big time frame because the world changes so rapidly that we don’t have a lot of control that far ahead in the future. We have no clue about the technology that will be developed in a decade.
Back signing sends a letter, don’t just ask after 10 seconds… maybe interview them for an article (little phone talk), they get some exposure.
Konti Infernos (send a gift)
Native Americans went to war with gifts, it’s not bribing in a negative way, be creative (not just a letter).
Be willing to give up on some people. If the relationship is not in the best interest, move on.
Nothing is perfect, everything ends and the end is not good or bad, it’s a natural process.
There is spring, summer, autumn, and winter… when’s the end and when the beginning?
A circle never ends, but you can only go around so many times before you’re gone.
“I failed with this mentor”- black and white
You can’t make friends with the dead- use books. Get the best, reach for the top.
3 gives for 1 reward- answer their questions, don’t be clingy, desperate, be more interesting, read more, be the best to talk to. If the relationship is not in best interest move on. Books are one ingredient, but you still need somebody you can talk to. You want to be a good investment for their time. Start now, even if you can only do it 5 minutes. Don’t try to figure everything out on your own, go outward.
Write down 10 potential mentors and strategies you’ll use.
Step 5: My Poor Friends and Cameron Diaz’s Parrot
The book: Rich dad, poor dad by Robert Kiyosaki
Friendships with fascinating people – Tai Lopez listens to those people more.
Beyond mentors, you will have to tune in on the awareness factor. Start to notice patterns in yourself that keep coming up.
Tune in the differences between people with great bodies and not so great bodies, people who are successful, and people who are always broke.
You only have so many mentors, but you can have many poor and rich people in your life. They can be your friends, clients or family members.
Celebrity’s parrot was making noises all day. It kept getting on Tai Lopez nerves, but it’s worth 50k so the celebrity kept it.
Joel Salatin – excited jumping out of bed every morning, says 10 quotes in 5 minutes that make everyone think about their life, has predictable speech patterns. Speech determines what is inside you, they don’t need to cut you open to see that. If the tree has oranges you know which tree it is.
Quotes take humility while poor friends express only their opinion. They even like to talk about politics, which is very difficult to understand.
Joel Salatin who has it all quotes others. He doesn’t say “listen to me”, but 3 people in Tai Lopez’s hot tube who never did anything in their lives are full of opinions.
Tai Lopez’s friend who made 100 million dollars before 30 said: “Turn service business in a marketplace.”
Then Tai saw a post on Facebook where a girl was asking a question about that exact topic. That girl never started a business and always went to something new. When Tai Lopez tried to help her by telling her what his wealthy friend said about the topic she said “how dare you! Stop embarrassing me in front of my friends”
Basketball coach George Karl genuinely wants to know what Tai Lopez thinks about basketball, and he has been coaching for the last 30 years while making more than 100 million dollars (the story about tonic that blew up in Tai Lopez’s face).
Rich people ask questions, while that girl took a little advice as an attack on her pride.
Constantly get the pattern in your head – rich friends, poor friends, 6 pack friends, fat friends, happy, unhappy friends…
Start drawing out patterns – write down, rich friends ask for criticism! We need to be self-learning machines, figure it out, ask…
It’s a new way of perceiving the environment you’re in- difference between people; at Laker’s player’s party he was eating salad, a little wine, and water, he could get drunk and eat bad that one night, he’s in shape, but that’s the difference between him and other people without discipline there (they can bench press 300 pounds, run 10 miles, under 6% body fat, heart rate under 60, can do a split (flexible), yet even on his birthday eating healthy.
Poor person’s perception is that rich should give me 50k to invest, but rich people split the check with Tai. They’re in between- are generous, but don’t throw their money away, they know the value, don’t give the nest away and die.
Half of the success is understanding (get’s easier), the perception of most people is that we’re all equal (same intrinsic value), but the amount of valuable advice for you to achieve your goal is very different- on which people will you bet every moment?
How are my successful friends acting in every scenario (when they’re quiet, how they talk; “I’ve never met anybody who I didn’t learn anything from- often what not to do”)?
Not letting ego get in the way- 3 people have together trillion dollar companies- Gates, Charlie and Warren (Math is 2nd nature).
Math and being rich is not good or bad, you make the judgment call, but rich people are good at it. A friend had an 8 pack, so going to the movies Tai asked himself: “Tai, do you want to be the in shape or out of shape friend?” Notice what he eats.
If being rich is having a great family, he’s been poor, and he learned with Amish- they have the happiest good behaving kids (spanked 1-2 times in their lives), they’re rich in understanding how to grow a good community, the answer is always somewhere in the middle.
Other kids have all the toys and are spoiled, annoying and unhappy.
Be a machine of understanding lessons and differences. Tai instead of discriminating other races discriminates dumb ideas and stupidity of some people- much worse!
Following the elite is better to bet on. Sometimes poor people are right, but still, it’s not worth to bet on.
(alpha) For every increment of risk you take, you have to get more in return, or it’s not worth it.
Means- like genes, but passed on by friends, books, ideas… you don’t need to come up with an original idea, just accumulate knowledge of other people.
Selfish gene- mental genes, spreading ideas that move civilization toward what most people want.
“Competence is relative.”- I don’t have any rich friends; they’re always richer in some area!
Who’s closest to the outcome I want?
Seek out the truth no matter what- lessons will not be what I want, but embrace the truth. (with kindle killing his other business, but that’s what people moved towards)
It’s not the inspirational quotes people put on Facebook wall. Jesus said: “I didn’t come to bring peace, I come to bring a sword, and if you’re not ready to leave your mother, husband… you’re not worthy of me.” He represented the truth.
What is an example of a profound lesson you learned about rich friends vs. poor friends?
My poor friends are not humble, they don’t want to learn and behave like they already know everything, while wasting time on things that don’t bring them any value, so as the time passes by their health, wealth, love and happiness is getting worse and worse- lack of knowledge and action.
Step 6: Sculpture vs the Lottery and the Anthropic media bias
Fear of being bitten by the shark (Jaws), you have a greater chance of being killed by a falling piece of an airplane; media never covers it, because it’s not good enough story (not good ratings), not expressing the truth.
Will Durant- “we focus too much on the last 24 hours than on the last 6000 years!” Better to read the history.
We think something’s truer if we see it more often- homelessness, murders… (media bias)
The more relevant problem is 10 ft. of soil being worked out through bad farming, never to be put back, 1000 years for 1 inch of soil, you never hear this, it’s not good for ratings and the world depends on it!
By watching the news you don’t realistically see the timeline of how the events will happen; you becoming successful.
Bill Gates never took a day off from 20-30, but media never covers that; the fact that he was in a cubicle, all we hear is an end story- cover of magazine don’t show picture of people in progress, they don’t tell that Arnold started at age 14, there’s no story.
You think that you’ll be cutting something with a knife one day and figure out a new way to make a knife, pattern it and make millions- it’s like the lottery, bad odds to bet on.
The story with no challenges is not likely to happen, same for girls (you’re living, then turn around and see a perfect girl that you marry), take this pill and you’ll be healthy… and the next thing you know, you look like the person on the cover of the magazine.
If you don’t understand the time frame, you will give up too early- wrong expectations, life is the grind, love the grind- you’ll never be perfect.
Instead, choose sculpture approach- chip away daily, fix mistakes (instead of lottery mentality)
Pick the rock first- general industry and outcome.
Ectomorph- be a boxer, don’t lift heavy and try to bulk up, but pick the rock that suits you- you can build only on strengths. It will unfold the way you chip away.
Don’t be conventional- 4 hour work week.
When watching movies at the end and break down the myths, have a conversation with the group, don’t do popular things. Go easy on magazines and news. An average American watches 3-4 hours/day.
Narrative bias- they did this and they did that and then they were wealthy- oversimplifying- ruining sculpture mentality, it’s a series of things, not just one easy 5-minute decision; lottery mentality, short story.
You never see 18-month diet- you can’t change 20 years of wiring in 20 days- metabolism must change, your brain must rewire.
It takes 67 days to rewire, and quite some time to see results; the world will not reward Suzy with a great body after following the diet for 8 days.
If it took 10 years for Bill Gates and he was very smart, it will take you longer than 67 days.
Get enough doubling cycles- 27-year-old will be wealthier if he starts with 100k than 37 years old with 900k at 30% growing rate, most people waste their youth.
Most successful people took a lot of cycles, not quick rich stories.
“Go to bed a little bit wiser. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts… slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.”
Easy come, easy go- stolen bike, lottery.
The fence that goes up fast falls down fast, Best fruits take long to grow.
200- $1 tickets- won $15, not worth it, stop looking for supplements!
Chip away- 18 months health goal. Don’t go with an unrealistic time frame. Build a discipline. Go deeper, don’t learn just the surface 10-minute things.
Media tries to sell you something- if you don’t know who the sucker is, you’re the sucker!
Where am I trying lottery approach?
Step 7: Martin Seligman’s Salary Slave and Learned Helplessness, learned optimism, authentic happiness
Positive psychology; “let’s study what makes us happy, not just why are we depressed.”
Number 1 obstacle toward success- dogs would not jump out eventually, they thought they can’t overcome the obstacle; we can rewire the brain towards helplessness- less happy, depressed (slave).
Same thing happens with monkeys in the zoo, they’re not happy, even if they are safe here and would die in the jungle, you would think you’re doing them a favor.
We’re being conditioned to be helpless- in school, they give you the goal (instead of you having freedom to study and reach the goal your way) you have to follow the teacher and read this chapter today, like monkeys in the zoo.
We should all do a book a day (continual self-education)
Everything like that is moving us away from the true human experience- we’re in the zoo.
Most people are salary slaves, in some rear cases, it’s not preconditioned. Like in the cage getting the check once a month. Realize it doesn’t have to be that way.
When there’s a lay off people fall apart, but in the modern world there are no jobs and salaries, there were for a short time- we see the 60’s and think those were the good old days; that was true for a small fraction of the history.
We didn’t do anything that we own- a division of labor. If you’re not careful you’ll get into a box of helplessness.
People are out of balance and waiting for a pill to get healthy; it’s all about lifestyle.
We are helplessly waiting until that next thing comes out, and only then can we be healthy.
In our countries there are so many support systems; loans, even if you fail you just declare bankruptcy. Trump- 9.2 billion of debt (got distracted, chasing women, thinking everything will turn to gold), basically little risk, you can walk out of the cage, the jungle is not scary anymore. You’ll never get there without risks.
In India people really die because of starvation, there’s nothing to support you, but that’s not in our countries.
Go to match.com, take some risks- if 50 women laugh at you, you’ll never see them again.
“Safe is dollar foolish. Be quick, but not in a hurry.”
People who are depressed are the ones who think they don’t have any choice, like the dog that gets shocked and lies down.
Think of areas deep in your brain where you feel out of control.
“We’re going to innovate out of our problems.” So the way out of helplessness is creativity.
You may find insight in a book, but you need to innovate. Everything is online, don’t ask stupid questions.
Use technology- taxi driver (buy a GPS, use the tools that are available to you)
You get paid to the proportion of the difficulty of the problems you solve.
I live in a modern world, what can’t I do?
There are people that get everything they want!
Arnold- everything is in reps and sets. I need the drive to get it, very few things are there to kill me, and in the jungle is all I want.
The 1000th person gave money for KFC, others said no, but he was never helpless.
Jonah Hill- “I wish I would be more relaxed in the past, it’s not a scary world.”
The only people that die of starvation are people that lie down like a dog.
Where was I helpless, what would I do differently? (be reliable, no matter how hard it is, watch until the end)
What is one specific instance you were helpless and in hindsight what would you have done differently?
A confused mind doesn’t do anything; I should have just taken action, instead of just learning and learning before I do anything, I needed action.
Step 8: The Integrated Good Life, the Four Pillars of Eudaimonia
We’ve been lied to- work 9/5, after that family time, Friday for happy hour, Sunday for church, we all hate Mondays, holidays are for this… those are parts and the linear reduction breaks down things into little parts and then puts them back together- when you break your life down into 10 parts, every part is not worth 1 point.
There are components, but they’re not separated. 4 Pillars of life are integrated, can not be detached from each other, whatever your religious beliefs are, religion is not just for Sunday, it’s every day! Life can not be reduced.
Almost no Amish is depressed (one fifth of the rate of depression and live without electricity)
Technology is great when it serves you, but if it turns around, it will attack you (like a dog).
There are no different days, rituals are OK (resting on Sunday)
Don’t be TGIF- thank god it’s Friday! (hating your job and being miserable on Mondays.
When you’re experiencing low levels of “on Monday I have to go back to work” stress, your level of dopamine is low! I want to forget which day it is!
“To inherit a kingdom, be a child again.”- every day is a new day, be curious.
It depends on who you were if you like the 50’s- that’s very egocentric way to look at history.
Men trapped in corporate jobs, women trapped in bad marriages, all the same, bad things happening, but no media to cover it.
Have everything in the 2-mile range- 2-mile rule, bring everything together. You will be less happy if you need to deal with traffic every day, that’s how you’re wired.
People don’t sleep well because it’s too quiet; they used to sleep with their family, dog and heard wild animals in the forest at night.
One room classroom instead of separating people. Don’t compartmentalize your life. “
“My life is my work, and my work is my life.”
4 hour work week- why would you want to do something you only want to do 4 hours?
Don’t live for vacations! If you have vacation for 1 month, it means you hate the rest 11 months.
You need some contrast, you don’t want every day to be a 10? Great wouldn’t feel so great eventually. Be on 8 for a majority of life, experiment with everything.
Eudaimonia- good life, every leader has been moving forward to that. Instead of analyzing, we’ll measure how close we’re getting to the integration (all 4 working together).
Integrate gym with other things, everything comes to him who hustles while he waits.
Tom Hardy- 5 workouts/day, like farmers; strong.
You can’t separate life- even 2 hours in the gym will not solve health problems of sitting for 8 hours. Bounce ball while typing, walk while you work…
The most life is on the edge (forest next to grass and pond, not in the middle of the forest)
Read a book while you fall asleep- integrate.
The sum of the parts can be greater!
Happiness is about doing something bigger than yourself, even for mafia is good, how good must it be if you’re doing something good?
Great people commit to it and integrate it. People used to date people who grew with them (integrated), now you say; “this is my dating profile, and my life is completely different.”
Old childhood love- deepest, been through everything together- Hollywood tells a different story.
Don’t shy away from family, new friends are good, but the old friends are better.
Don’t do everything today, but make some decision! Start some momentum, but over 18 months you can begin changing some things. Do what you like. If you like tennis, integrate it everywhere.
“I don’t know how people sleep, there are so many opportunities in life.”
Coach Karl’s friend plays basketball, he’s like a child (still excited, loves it), he meets women playing basketball; integrate lifestyle.
The less you look at the calendar and planning time for specific things, the more integrated and happier you’ll be.
People save everything for Vegas, want to get all their happiness there- it’s an illusion.
Don’t sacrifice today (bad job), for tomorrow, so you can take your kids to Disneyland.
Rituals must be spread out (Christmas, thanksgiving…), not every Friday, because you have 5 days/week.
How can I integrate a part of life while I work?
Step 9: Warren Buffett’s book a day, diet and making war with multitude of counselors
“We’re in competition with ourselves.”
Tai and Oprah have the biggest book club in the world.
One super power of Warren and Charlie that they would pick would be to be the fastest readers and learners. Most adaptable- observing, looking.
Rich man’s house always has a library.
I have some roadblocks when it comes to books. When most people reach a roadblock, they invent reasons why they can’t do it, or why it’s not important.
The way that rich and poor in India stay at peace is by the poor inventing reason why they’re poor- rich inherited the money, got lucky…that’s a coping mechanism to deal with inequality.
Not many people said that they wish the didn’t read as much, not download as much information from the greatest minds in the history, but many people say: “I wish I’d know that 20 years ago.”
When Tai asks me what’s holding me back from reading his best guess is that my mind will come up with some crazy reason, why I don’t- it’s not about being book smart, it’s not about reading, it’s about executing, if you read so much there won’t be any time left for other things…
Download wisdom of the most intelligent people in the world. The gene machine’s
“Survival machines that can simulate the future are one jump ahead of survival machines who can only learn on the basis of trial and error.”
The problem with the overt trial is it takes a lot of energy, the problem of overt error is that it is fatal. Simulation is both safer and faster.
The average person will quit after 3 failed businesses (run out of energy- fatal for dreams, hopes, health and money). Because Evil Knievel didn’t simulate what would happen with gravel, he broke his knee and his health never recovered; what doesn’t kill you doesn’t make you stronger.
(guy that had troubles with dating) “I need to learn from my mistakes.”- we all learn from mistakes, but it’s a lot easier to learn from other people’s mistakes; Warren Buffett.
Reading a book a day- made in America for $5 we can simulate his mistakes, lost money and heartaches- that’s what makes us human.
It’s not about positive thinking and overcoming challenges, it’s all about simulating what could happen.
Only poor friends do it themselves, rich people have accountants, lawyers, the board of advisers…
“Make war with a multitude of counselors.”
Subconscious arrogance- doing it alone. I wouldn’t fix broken arm alone, I go to someone, who’s done it hundreds of times.
There’s always a risk- there’s reason fear it’s there.
99 false alarms are better than 1 death. When it’s used to progress to the good life, there’s nothing wrong, when it’s paralyzing you, there is a problem.
25% of books should be on health, 50 secrets of the longest living people in the world (book)
In 18 months with increased diet of books and making it instinctual, there will be results.
$10,000 if you read 30 books in 30 days (of Tai’s list) and look Tai Lopez in the eyes and say it’s not been worth it. Best experiment in your life, Tai’s goal is to die having read 10,000 books.
Read the best books first- do it for a year in Tai’s order (tomorrow is uncertain).
The publisher now has the best titles- don’t get sucked in. Don’t be advertised to, don’t judge it by the cover. Instead look at who the author is.
Instead of speed reading, be a gold miner. Skim through a book a week, Tai reads different books at the same time; 1 classic (breakfast)- study the test of time, 1 great thought in 5 minutes, then while taking a nap read a book 6 hours after you woke up- 20 minutes before you fall asleep, 15 minute power nap. There’s an opportunity cost if you want to read a book from cover to cover, and you can take it in your hands again if you want to; it’s a tool, a friend.
Together 35 minutes alarm clock.
At night read a biography (courage). Go to bed reading.
Be wise, don’t choose 50 shades of gray, embrace the chaos of missing.
5 minute on the first pass, 15 minutes on the second, on the third read a chapter, then you’re done.
Break the rules, not the law- the only rules you should follow are rules of physics.
Don’t get stuck and obligated to read it all. Avoid the tendency of feeling rude when you think the book is like a human talking to you. Average books have 2 things that are good, but can’t sell 2 pages, just get to the point, be OK with less, there’s opportunity cost (the rest is anecdotes and stories that prove that).
“Leaders are readers.”
Warren: 8 hours/day, Bill Gates is a reading machine; but it’s not about who reads more, but who simulates the future better.
“We are too soon old and too late smart.”
If you break down a puzzle and shake it, it will take forever to put it back together; the odds are low. Books take away the randomness, give you the control.
9/10 people in biographies read, even rock stars; that’s why they’re at the top.
What’s holding me back from reading?
Rewire the brain; no one ever said to Tai his life is worse- not everyone is willing to read, it takes humility, persistence, and a little money.
Physical for taking notes, but also Kindle, the point is to download level 3; instinctual!
As you listen to 67 steps, implement it already, read!
If it’s painful now, it gets easier.
Am I a reader or a listener? How do I learn? Do I work with people or am I a loner? Mentor, team member…
Do I produce results as a decision maker or adviser?
The top spot requires a decision maker. Do I perform well under stress or structure environment? Don’t try to change, instead improve the way you perform. What are my values?
Business priority- short-term and long-term.
Where and how can I achieve results that will make a difference within the next year and a half?
Requires a stretch, but achievable. Take responsibility for relationships, accept and know how others manage themselves.
Manage the boss; make him effective.
Know what results they expect, exactly what they want.
You need to read at least 1 book/week to get “the good life”, it’s too competitive world. Get a six pack of the mind!
This is what I’m good at, this is how I work, these are my values, this is the contribution I plan to concentrate on and the results I should be expected to deliver.
The same things you need to know about others. Doesn’t mean people like each other, but they understand each other.
Second career at 56- the second part of life or non-profit organization.
50 years ago there was no success, only staying in your job, in knowledge society we expect it for everyone; that’s impossible!
Every worker needs to behave like a chief executive officer.
What’s your biggest excuse for not reading, and what book reading pace are you going to commit to?
That I only need courses, because they have condensed wisdom of many books (like 67 steps), but I also have to read- 1 book/week.
Step 10: Stoic vs Epicurean, Arnold 1000 reps, Apache cold Showers and the Spartan Whipping post
“A nation is born stoic (forgo present pleasure to have something better, investors) and dies epicurean!” (humans should live, for now, YOLO)
This is not black and white, both are true, but for every action, there is an equal reaction so what will happen if you live only for the moment?
Stoic life, thick skin will get you what you want, Arnold had small calves – he raised from 250 pounds up to a 1000 pounds.
We’ve grown up with all the technology and become slowly weaker, softer, sensitive.
Stoics believe in sacrificing now, instead of getting what you can now.
When is the last time I did 100 push-ups, walked to get groceries and slept on the floor?
Adversity makes men, and prosperity makes monsters.
How soft am I?
3 types of people; who make things happen, who watch things happen and who wonder what happened.
Toughen up- 12 hours days (not hard)
50% diabetic, 60% obesity, 20% on depression medication. Media selling Big Macs, cheap music, clothes with fancy labels; they want our money. People seek the easy way out. Big corporations make us frozen dinners while they fill up their pockets at your expense! Stop being the sucker.
Wealthy prey on our basic instincts seeking the easy way out when you don’t know who the sucker is, you’re the sucker!
You have to want it to be hard, that’s what makes it great, the world doesn’t need 50,000 more Paris Hiltons and Kim Kardashians running for new heels.
300 Spartans embrace being stoic- filling their kids just the right amount never to be full, while we feed our kids with sugar, salt, fat, and soda. Ritualistic testing, surrendering was the ultimate disgrace.
Forget Lil’ Wayne and Drake, YOLO is for suckers. Find balance, but go more on the stoic side.
Take the stairs, cold showers, run, lift, read a hard book, do a hard math problem, take martial arts class, go a week without sugar (will make you happier and richer), taking a bath in the ice cold water (teaching 3 years old’s to be brave), don’t just scan the world for instant pleasures, imagine the rewiring, you don’t want to fight those children when they grow up, they were tough and courageous.
Sitting Bull: “Today’s a good day to die”- went in front of bullets, respect and power come when you’re tough.
Whether it’s putting more weight on, or 4-minute mile (just in your mind, who cares, I’ll be first).
Take a cold shower, gives you more testosterone, and has a psychological effect- a double benefit.
Water in their mouth; 10 miles, spit out.
Continually building bones; if you don’t train they’ll break, no enzymes, use it or lose it; that’s the penalty for not toughening up. Force genes to release enzymes; lift weights, jump- you need the stress.
(Tai can talk while looking at his phone)
Breaking ankles; you need a little stress, bouncing up and down.
Don’t go too far, but society’s message is to have everything soft and convenient; they can’t go without air conditioning, penalty for not doing things Arnold, Spartans, and Apaches did is we become weak-willed and don’t have strength when we need it; old through lack of use, not age.
Spartan whipping post; random boy was chosen and to toughen him up they would whip him; some would die.
2 people confront you, then a friend comes out of the restaurant; would you want that friend to have small sensitive hands or to be somebody who had whipping scars? Bring me the tough person.
Be mentally tough like Arnold.
It’s hard to recover from being constantly bullied.
3-6 months disabled; 30-40% by the age of 40
Are you so weak that this piece of technology now owns your brain? Go without a phone for a day; you feel like you’re missing on something, but you’re not, people went for generations without a phone. Put it away, toughen up, don’t rely on things too much, you’re the master, not the other way around.
You own your car, but when you drive 1 block instead of walking, not carrying things out of the supermarket, you’re losing physically, lower happiness, not able to push through.
72 hour work day or at least 24 hour day, not too often, but do it from time to time, your body can recover; people now have trouble working 8 hours.
What will make you depresses is feeling like a slave; technology makes things different, work 24 hours (more self-reliant, I own the environment).
When you’re young you sleep on the floor, now you need this pillow with 52-degree angle… When you don’t want to do something, just do it to mess with your brain.
Burn mental fat, if you don’t feel the burn, the weight is not big enough.
Tearing down muscles and rebuilding, you need winters in your life in order to enjoy other seasons.
Your dreams will die, and go to someone tougher than you; start with a cold shower- first 2 seconds, then 5… in a month you’ll dive in the cold water.
In 18 months make yourself the master, don’t be your brain’s bitch.
Sleep on the floor for a day, do random push-ups, stable Ess (don’t traumatize yourself, so you won’t do it again, but slowly), go camping, sleep in the woods, go farming…
“I want to toughen up, need help?”
When something fails, it’s just a scar on my Spartan’s back. One day I’ll be a warrior, Tony says to be excited when you fail; “when we prosper we party, when we fail we ponder.”
Find the balance, face your fears, do it all!
The arrow in the eye and went to battle (Alexander’s father).
“I’m in the race to get what I want and I’m too slow.”
3 versus 100- he charged bodyguards died, he took an arrow to the shoulder and survived.
I’ll be without the reinforcement and have to face others. I must have the will to go forward, the world will be surprised and give me the rewards. When I get some money I won’t buy what I want, I’ll save it, mess with my brain, I’ll be stoic.
Don’t see scars as other people see them; negative, they are there if you make a mistake, but do them as a part of a training methodology to train yourself to be tougher.
“I hate math.”; that’s a good reason to learn it. Face your fears, break relationships to toughen up.
“The mass of men lead lives of quiet desperation.”
Don’t be with the masses, see scars as a badge of honor. Don’t traumatize yourself also like Evil Knievel.
Lifting weights; anti-aging, we don’t need more luxury people, give me 300 Spartans and I’ll take over the world.
When something’s easy, take the long route. When you push through toughness you’ll feel better. City kids should be happier (candy, games) and they’re dying!
Luxury will trap you. Ask yourself; “Will this give me the effect I want?”
Technology always starts as a slave, but then people are slaves. Turn off sugar, salt, and fat. Entrepreneurs will save the world; stoic.
“The world doesn’t respond to need, it responds to seed.”
Level 1 doesn’t do anything: “I heard that already.”
Who’s the better investor me or McDonald’s? It sells me negative value for $5.
What area are you not tough in, and what is the 1 thing you can do to toughen up?
“The mass of men lead lives of quiet desperation.”
Don’t be with the masses, see scars as a badge of honor. Don’t traumatize yourself also like Evil Knievel.
Lifting weights; anti-aging, we don’t need more luxury people, give me 300 Spartans and I’ll take over the world.
When something’s easy, take the long route. When you push through toughness you’ll feel better. City kids should be happier (candy, games) and they’re dying!
Luxury will trap you. Ask yourself; “Will this give me the effect I want?”
Technology always starts as a slave, but then people are slaves. Turn off sugar, salt, and fat. Entrepreneurs will save the world; stoic.
“The world doesn’t respond to need, it responds to seed.”
Level 1 doesn’t do anything: “I heard that already.”
Who’s the better investor me or McDonald’s? It sells me negative value for $5.
What area are you not tough in, and what is the 1 thing you can do to toughen up?
Step 11: The Whispers of 10,000 Generations, Dunbar’s 150, and Evolutionary Mismatch
Your neural programming doesn’t have the genetic memory to understand the complexity of the modern world.
The end goal is understanding when to go with your gut – one of the myths is going with your gut, however, the devil is in the details and generalizations are not true in all circumstances.
Evolutionary mismatch – the impulses that you have that served you at a certain point in history, all the instincts and the impulses have been passed on for so many generations do not serve you anymore. The world is different.
The old impulse is when you find sugar, salt, and fat which translates into extra energy, eat as much as you possibly can, because back then, the average person was closer to starvation than they were likely to be fat.
Wiring changes very slowly, so I have the same brain, when I walk into Walmart there’s too much energy on the shelves, but the instincts are still “there may not be enough food tomorrow.” (dogs eat all like bears, they get fat then skinny).
Insomnia; we didn’t have light, instinct is being awake when it’s light, sleep when it’s dark. We have so many modern diseases (cancer, hypertension), even phones have light.
Sleeping in quiet bedrooms instead of hearing animals in the distance and natural sounds that tell us everything is OK is quite a difference.
Physically in search for good light the whispers of 10,000 generations seem to be on my side, and sometimes they are (walking across the street and the voice says jump out of the way), but most times it doesn’t serve me.
Understand when I can listen to my instincts, know it in detail! Wealth health are very common areas. We are not hardwired to save money. It’s eat, drink and get married because tomorrow we die. I have to bypass that and save, it will take extraordinary effort, not to drink soda, because it tastes good (previously we only had honey once a month, that’s it!) We craved it, sugar feeds the brain.
Overcome eating so much sugar, salt, and fat. It hits you on the evolutionary level and overwrites what you know is good for you. More children are fat than skinny, from one food crisis to another.
The savings rate is 1% in America. Instead of “enjoying” the twenties, Bill Gates invested them. Robin Dunbar was studying that we lived in groups of 150 people. Because of modern technology you can live and communicate everywhere, sometimes the worse thing for their children are their parents.
The healthiest marriages are childhood friends, but now we move away (it used to be marrying someone you trust).
Sometimes the answers will be going back to old things (going to bed early sometimes). College is the last time when most people are able to make friends. Know the evolutionary mismatch to solve it (know why it is the way it is). “That’s because there’s something wrong with us, or we’re bad now”- we’re the same as we were, we’re just evolutionary the same, while the environment has changed. New friends are good, old friends are gold.
Prepare for a rainy day, save things. We are motivated and more happy with money. No man is an island. I need a certain volume of social interactions.
We’re highly susceptible to social wind. Revise old friendships, they’re the best!
Most people are too busy blaming their willpower, parents, country…they don’t realize what’s happening. Weekly, monthly review your life; to change what I can, accept what I can’t and the wisdom to know the difference.
You can’t for example change cravings for salt, fat, and sugar; keeping these things around the house and expecting your will power to deal with it- there are too many whispers of 10,000 generations.
Restaurants want you to come back, that’s why they don’t serve the food that would be of your best interest, they serve tasty food.
The average person eats 4 times/week at Fast Food restaurants, that can’t be me! Not if I want the good life.
Get a noise machine, go to bed when the sun goes down, turn off the lights, and use candles, go to your roots from time to time. Don’t do it every day, but it’s good for you sometimes.
Set up automatic savings plan; we’re wired not wanting to save. Try it, reach out to people you haven’t talked to for a while, not the bad ones, but there will be some people that are “good” (same track as you).
We didn’t evolve to read, you may like audio books better. Make technology your slave, don’t be a slave yourself.
Even though we have this whispers, we still have some control, maybe more than ever.
Bend your knee to your evolution, you need to follow rules to do better than most people.
There’s not a horse that runs so fast, as the horse that’s competing another horse.
I need competition, but also rules. I will not overcome them with willpower (temptation; food, not going to sleep at right times, bad states, keeping TV on with consumer advertisement; not investing, wasting money and be less happy). Even if you live 10.000 years, you’ll still have the same brain as people before Christ.
Controlling 10 horses can be very powerful, they could get you a lot done, but if you can’t control them, they will destroy you (number 2 killer of people a few decades ago were horses and bulls). The same is with keeping evolutionary impulses in your control; you’ll have more power than the average person.
Watch people eat food, watch people control the money; they’re not the master, they’re slaves. (socially, romantically)
Be a part of a community, groups- a part of being healthy. Amish people set up their lives so they have to rely on their neighbors.
When people get depressed it’s your brain telling you that you need to connect with other people, and most people fight it, thinking it’s something wrong with them, NO! You have to be a part of something big!
What is a specific area of your life where the whispers of 10,000 generations are not working, and what could you do to change it?
Step 12: Mike’s Stack of Resumes, My 96- Year-old Grandma, and Your Eulerian Destiny
In the past you didn’t need to know your destiny; your father makes shoes, you make shoes… The upside now is that you can choose.
19-year-old Tai Lopez had one of the wealthiest men in Europe (Are you worth a damn?). 30 people a day are pitching business ideas from him. He looked if people could tell him what they want to do in one sentence; even if it’s a good idea, he knows they’re not ready otherwise. 12-20 words maximum.
Spreading good ideas using mass media. Mine is teaching people to be awesome from scratch.
You don’t have so many choices as you think (I could do anything). The 5% rule; Hollywood is competitive, you’re obviously good since you made it to here. You made it 95% of the way, but to make you need those last 5% (only people who make it, who are heard of).
“Tai I’m good at lots of stuff.”- So, on a globally competitive scale (7 billion people) you would be somewhere from 95-100? I don’t think anybody can be good at a lot of things in the world that’s that competitive.
Jordan who’s the best in basketball also said that and went to play Baseball and couldn’t even get into the minor league; there were 1000s of players better than him, but when he came to his signature strength, he made it. But if Michael Jordan will all these abilities only had basketball, who are you to think you have all these options?
Bring yourself down to Earth, most people are delusional and think they have 10 choices, they have 10 choices to be average at something, but the goal is not to live the life of quiet desperation.
The mass doesn’t get it right and lives that way; did you pop out of bed because you were excited with your health your relationships and money?
“Give the world the gift of good food.”-8 words of destiny (Joel)
Jack Welch; GE Motors had 300 different businesses, he cut all that couldn’t be number 1 or 2 down!
One in 500 years there’s Leonardo da Vinci that’s good in all the different things; just be good at 1 thing that you’ll be remembered for. Pick one niche and defend that niche.
It starts by going “there’s not a lot of things”, don’t have American Idol syndrome (people that are horrible, but think they’re good. American idol attract people from 85-95, they’re probably the best singers from where they live, but the world is competitive, and they do not match for Justin Bieber. They’ll not make it in Hollywood, Tai enjoys to play piano for a hobby, but he doesn’t make it his profession.
The guy from American Idol (green sweater)- “what else do you like to do?” Maybe you should dance. Don’t torture yourself and the whole world, have big goals but don’t be delusional.
Think of where these 4 things overlap; what you grew up around (single mom, raised by two professors)- love map when very young; your map of how the world will unfold, that’s why people stay in the same socioeconomic background they grew up in (born poor, stay poor, grow middle class, stay middle class; subconscious mind mimics), stranger feedback (not his mom and friends, but what strangers complimented you on- you can only build around strength, most people are wrong about what they’re not good at and what they’re good at, and this world is built on the weakness; in college you don’t have any class every semester to complete it; to go into college you first should know exactly what you’re good at)
10,000 hours, Picasso, Bill Gates…all had 10 dark years (when you’re constantly refining your skill), so if you have 10 years in anything you can use it. So the third one is what did you do for the last 10 years (wanted to play tennis, so sell tennis shoes for now) and what can you talk about effortlessly on a Saturday night with your friends (ideas, books…)- Picasso; avoid the dichotomy- doing something you hate during the week, to make money for your spare time (don’t live for your weekends). Joe Sullivan said if you have to go on vacations from something, you should never come back.
Look at the last two weekends, what did you talk about?
Where do those 4 things meet? At the 67 days, you’ll know your Eulerian Destiny.
Robin Roberts; if you had a horrible thing, maybe you need to be like her, or Oprah (more about families, relationships…) She took that clues childhood and helped her become who she is, she passed the funeral test (a lot of people would be sad if she dies).
Do these destinies for all 4 pillars (health, wealth, love and happiness), see yourself where you’re at (marathon or power lifter, notice that…) Everybody has a different destiny (for you it might be marriage, for somebody they don’t want to have a partner…)
Don’t live other people’s dreams, know yourself and match up your destiny.
(book) The Power of Introverts (like Bill Gates that just disappears from the group)
(book) Civilization and its discontents- Freud (on what makes people fulfilled)
Media; you watch Rambo and you want to be a fighter, you watch Gandhi and you want to be a humanitarian, but you have to find something in which you’ll reach that 5 %!
Other people need to hear your message; Tai’s grandma sometimes didn’t understand what he was saying, nobody in the world will try to find out, SIMPLE is the secret password! Something your grandma and a 10-year-old kid will understand.
A mistake is an experiment ran too long. Run it quickly, adapt it.
What is your one sentence business plan?
Step 13: The AMISH Vacation, Tap Dancing to Work, Avoiding What You Love
How to set up your life so that your work is the vacation.
Amish people don’t have a word for vacation. They have one fifth of the depression.
We think there is an end game to vacation, there is none! That’s integrated life. Sunday is downtime for them (it’s good to have a ritual of downtime.)
Tai Lopez also watches mindless movies, but that’s downtime, it’s good when they’re a part of your cycle, the problem is when they’re not integrated part of your life.
One of the things that Europeans brag over Americans that they have 1-2 months of vacations, while Americans have 1-2 weeks. That’s bragging for being a little less pathetic than pathetic; enjoying 2 months out of 12 is pathetic. 9-5 might be a necessary evil for now but move quickly.
“If you need a job that you need a vacation from, don’t ever come back.”
A life built around vacation is not life at all.
“Never do what you love, because when you’ll be paid to do it, you won’t love it as much- repetition; do what you like.”- inversion to get to the right answer
Salsa dancing- didn’t love it as much after having it as a job.
“Don’t marry who you love (lust) because that will go away and all that you’ll be left with is another human being you have to get along with.”
What can you talk about on a Saturday night (not lust after)?
Don’t generalize answers- “I can help you figure in 10 seconds”; it’s not that easy.
Hilary Clinton, Abdul and Richard Branson could sleep anywhere; when you’re on your life’s path, you probably won’t get 2 months of vacation.
If somebody has such a long vacations that tells Tai that they probably don’t have such a great life and impacting the world; very rarely interesting.
Get the flow into the daily cycle, not the yearly; do it every day, and you can have some rituals (one weekend per month, Christmas…)
Just avoid looking forward to enjoying vacations, and then hate the rest of your life.
Most people when we think about other people that are better than us we attribute it to luck. The only luck consistent luck pattern that he found in successful people was not “what” happened to them, but “who occurred in your life.” And not what does people say, but what you see them do (tap dancing to work); many successful people don’t have the gleam in their eyes, they’re not as happy. You have to be genuinely excited when you wake up and jump out of bed, kids still have that, while adults fade away. That doesn’t have to be me.
“It might be tough, but you can innovate your way out”- 18 months, often people that have a job are salary slaves (not always, but almost always).
Most people that take advantage of an opportunity end up with a 9-5 job rat race, that’s not an entrepreneur.
What you thought it will be a year job, turns out to be a 40-year career, you get trapped into bills and lose the courage to get away.
What you really want is financial independence; not having it results in lower level of happiness; people who make 100 million versus 10 million are a little happier, but it’s not as much difference as having and not having independence.
“There is no tragedy in you missing out on an opportunity that made someone else rich.”
Missed opportunities are okay, but you don’t want to miss opportunities that you drive for (turning down the investment to Disneyland and not making millions is fine if you have other things going on for you).
The opportunistic mentality is almost as dangerous as vacation mentality and they go together; build on strength, I don’t care how much potential in money you think there is, even if you get it you won’t be happy- thinking money is important to happiness is correct, but don’t over-estimate what money does.
If you use it to separate you, the more money you make the less happy you are, but if you use it as a tool to get you connections, old friends, people flying in… like pitbull; working for you will save your life, turned around will kill you.
4 hour work week can be taken the right or wrong way; to optimize and do more in less time is fine, but don’t waste the rest of your time; you need down time, but you don’t need anticipation of a vacation that won’t solve any problem. If you really need to get away from something, use vacation as moving away and changing your life, don’t come back.
Once you have non-vacation mentality, have tap dancing to work (use it literally); when you stop tap dancing, you’re not happy anymore, if you’re not happy move quicker and move away.
That’s what 1 in a million has, and you don’t need to be the statistic, you can be the one.
Look at how you feel when you wake up; sometimes right before you go to sleep you’re most stressed, wide awake and everything seems worse- life always seems bad when the stress comes up.
But once you put those two together realize that you shouldn’t do what you lust after. Lust is there for a reason, it’s good, it survived 10,000 generations, but it’s not something you want to build your life around.
Jordan had the lust for Baseball, Basketball was something he liked. Be practical, see what’s in front of you. Balance PASE system. Experiment with different destinies, but one will stay around.
Are you/have you been vacation-minded?
No, for the last year I have realized that either you use it or lose it and if you stop learning and progressing, you will sink- so stay in the game.
When you wake up, do you feel like tap dancing to work?
At the moment no, because I’m not financially free yet, so I need to reach a certain level of external success.
Are you in danger of pursuing something you lust after instead of something you like?
Step 14: The Shaolin Monk & Touching an Electric Fence- why everything is your fault
If someone assaults you at 30 years old, it’s your fault, because you should have started at 5 years old. Recession comes, somebody betrays you, somebody breaks up with you, destroys business deal; the first question to ask is “could I anticipate this?”
There are a lot of things that you could anticipate; a lot of people will have health problems in their lifespan (viruses have the same right to live as you, it’s your choice if you let them live inside you), physics is annoying (if you trip and fall hard enough you will break something- 40% chance until you’re 40 years old that something will happen physically that you will need to take a 6 month break from work), I can also anticipate something terrible happening to me socially; am I coming to life prepared for that? How many tools are there in my tool belt? Social skills, intangibles, persuasion and influence, charisma, hard work, removal of procrastination, sloth, and unreliability?
Have soft and hard skills.
Poor friends are good at one thing. The side with machine guns will win the side with horses, and the world will bring you the level of machine guns adversity. (47 days on the raft, Japanese shooting)
“No one wants to crash, but we had.”- before he crashed he was in top physical condition, he was prepared and he survived.
People are out there spreading information, consuming your brain telling you that you’re going to life and everything “supposed to be perfect” (where did they get that?- 11 years in human history were we not in any war or had a physical illness), don’t be so egocentric and think you’re the center of the universe and everything is supposed to be great for you, it’s not.
“If you don’t have it in your head, you have to have it in your heel.”; If you forgot it, you will walk back and get it. (electric fence)
“Don’t say that those things had to happen for you to learn”; like Buffett says it’s a lot easier to learn from other people’s mistakes. So for 40% you have pain in your heel, stop with that kind of pain, prepare for the worst, not pessimistic or depressed, but happier for it.
“Don’t say we will crash, it’s going to jinx us”- as stating something we should realize and prepare is being negative.
“Never trust a man who hasn’t been punched in the face yet”- we need sometimes to get punched to prepare. Everything will be your fault, because who will you blame, corporate America, who’s that?
Most shares have ordinary people, Wall Street is us, it’s democracy, there are no dictators, everyone can be fired.
Don’t live your life like Mac in your boat, crying out and then dying.
“Prepare for when it’s difficult, prepare when it’s easy.”- When you’re not broke it’s not hard to save. Why didn’t you start saving when you were 5? We live in a world when the blind lead the blind (parents lead children); read the paper of life in front of you, everybody blames the blind man ahead of them for leading them there, blame you for being led by a blind man.
There will be more recessions. Thinking you should just invest in gold, or house is wrong, thinking that makes me know you don’t have a core idea about how money works. There is no asset class. There’s no one thing, we live in a world where assets move, every second you’re different. It’s a continual morphine of life, the only guaranteed thing is that you will be continually pushed through time, which inherently means change; time is irreversible. Prepare for change. Be happier for being prepared for tomorrow being the worst day.
Check yourself, you may believe in some weird dogma, that’s not giving you any benefit.
People who are optimists, who don’t blame themselves too much, seem to be happier. (it might seem it’s completely opposite of the previous idea, but Aristotle knows that the key is balance). The two extremes are incorrect.
Helen Keller could be pessimistic; she was blind, could hear…but she was still optimistic, she was alive. Know the right time to be optimistic, and the right time to be pessimistic.
As you define your end game goal, as you prepare, build skill for bad things that will happen, saving money before you need it, lifting weights before you need muscles (you need them when you’re old, but you should lift when you’re young, when you’re old it’s harder, that’s why people are zombies that chasing the wrong thing).
Be optimistic about your goal, but prepare daily for the next day. You’re already preparing for death; having children is your genes realizing you’re not going to be there forever.
What you don’t want to do is what Freud talks about; supplements, intoxication; you will always have a lot of pain going back and forth, being unprepared.
Ask yourself; “what am I missing?” double check everything.
When you wake up tomorrow ask; “what can I do for a guaranteed biological, social, financial interpersonal crisis that could arise over the next week.
Save up, then invest. Don’t rely on the kindness of strangers.
You have laws of physics that don’t care about you, there’s other creatures that want to live too, natural degeneration and other humans socially (selfish gene, evolutionary psychology); we’re not being programmed to be happy, and people who are happy are able to embrace these things.
You should not get locked in and think “I’ll never do better.” We’re simulator machines, we can take previous information and learn from it.
Drive to an old people’s homes and talk to them while they’re still alive, nobody listens to them and they’re very interesting.
What is an example of a pain in your heel and what can you do to fix it (and move on)?
Step 15: Descartes & Solving Problems with a Calculator
3 books at a time; morning with a classic book, through the day how to book and biography at night.
Thought experiment (brings brain to new places); remove everything I could possibly doubt, not 100% true- what would I be left? He removed politics (can’t believe any of those- that’s a scary place to be; 25 cognitive bias- we grasp after everything, so it’s hard to do that), if you’re a vegan are you absolutely sure you’re right? Is there any chance that could be wrong (some people die if they only eat fruit)?
I was left with only one thing- math.
People are sure that business is the right, that diet is the right, while the smarter people are less sure of many things. It’s hard to be remembered centuries later like Descartes.
System that has no flexibility will fall (current educational system); being forced to do something. Many people like to do math later, when they realize how important numbers are; even Richard Branson who was dyslectic, learned numbers and overcame his situation. He seems happy, you could judge a tree by its fruit (married to the same wife, wealthy, healthy…)
Ability to qualify things into something tangible, in which you can make decisions about. Get to the essence of things, to the core, that is new math; putting life decisions into a calculator.
There is no one way to make people rich, but if you look at the top; it’s not the energy, gold, mining, TV, retail stores…77 of the first 400, are investors. Answer with a calculator.
Count in the regret factor, chance of making it and money you’ll make.
Calculate your friendships, calculate what you’re eating. Don’t beat yourself for a good meal, it’s what you eat about 90% of the time.
You can have anything you want, but not everything; you can either say you’re not good at math and stay poor, or get over it and get massive rewards.
There’s many things I’m wrong about that I will change and see they are not correct, but I’m pretty sure that 1+1 will equal 2 until the day I die.
Go to bed a little bit wiser, a little bit better, compare calculation, if they’re clearly different that calculator can be the best adviser, if it’s not clear use other tools (gut feeling, knowledge…)
Do that in major decisions, you don’t need to use it for every little detail and waste time.
Of two different future choices, calculate the odds of one doing better than the other and why do you think it will?
Life Coaching- regret factor+ potential earning
Step 16: Rousseau, The Renaissance Man, & Iron Sharpening Iron
There has been a few renaissance men; Rousseau, Leonardo da Vinci…
Spoke multiple languages, understood economics, politics, history… that’s a dead thing in the world, because of media, social norms (men only do things that women find attractive), we don’t look at Jay Z, Kim Kardashian because of them being Renaissance people, they use social bias on you, if you see other people following them, you do as well.
Grandma is one of the few people alive from the time that people looked up to those people, and our mission is to bring that back. If I bring it back, people that are great (people running society; people that write checks to people that you think are rich) will notice. Most of these people are Renaissance people.
“You have to be interested in all”; war, sports, music, business… this means read and learn in broad things, but learn and read from the best, not everyone.
92% of the time people are not going to war. Sleep is genetic, we do it 25% of the time. By trying to answer tough questions, you need a lot of material. You can be the best cook in the world, but with 1 ingredient (a carrot), you can’t do so many great things.
“I believe in the discipline of learning from the best, not sitting in the room trying to figure it out on your own.”- nobody’s that smart.
If you want to have an impact, do an inventory first; what do I know? (music, languages, history- have sense of perspective, literature, poetry…)
You will have occasions when you will meet a person who holds the keys to what you want (promotion, partnership…) and when you know things, you stand out and they will look over and ask: “Who is that?”
Powerful people are powerful for a reason, don’t be the guy who stands out because he doesn’t know anything.
Watch things happen, make things happen or wonder what happened.
Leonardo left a lot of things undone, he did an amazing job, but he could finish more projects.
Just because my mom thinks I’m good at many stuff, doesn’t mean I am; have one driving end game. If it’s health, doesn’t mean he shouldn’t know where Miami is.
Most activity is not in the middle of the forest, ocean…most is where forest, pond and grass come together, cities are important as well (meeting so many different people; out of that come new ideas.)
Don’t be like I’m an atheist, so I don’t study religion; don’t limit yourself, there’s gold in multiple places, make sure it’s broad.
What am I weak on? Work on it, stop saying no to that.
Math and physics- I will sign up for a course.
Some will result in a conflict; that is not me (“This is garbage, I won’t read this.”)
Iron sharpens iron, a friend sharpens a friend, but it’s a little painful in the beginning.
Step 17: Elon Musk’s 14-Hour Workday vs. The 4-Hour Workweek (the myths of our time)
Not to pick on anyone, there is an idea that you can build something very efficiently, outsource the hard parts and just have the parts that you love all day and through the power of magic you will accomplish a lot. Tai calls BS on that.
Elon started 3 companies that are valued over a billion dollars. He made 100 million with Paypal when he sold and invested all in building space ships and had to borrow rent money.
If you work a 100 hours hours/week while others work 40, you’ll accomplish in 3 months, what takes an average person a year.
The reason he has 7 billion dollars is because he created so much value; electric car, potential solution of over population (putting us on other planet) and create solar technology, which makes us less reliable on fuel.
This man outworked other people. You have to learn to love the grind (Grinding it out- book).
Thomas Edison; “I wonder what would happen to me if some persuasive talker talked me in to the idea of 8 hour day and convinced me it was not fair to my workers, to put their best efforts. The world would have everything it has if 50 years ago young people had 8 hours/day.”
Don’t even put that in your brain, root out like a cancer or it will grow (thinking you should work less).
Don’t be caught to be in the moment; learn to think 50 years ahead and see that when you get there, you would wish you could work that long every day, but can; but you can now!
The second you stop grinding, you’re not alive anymore.
The guy cutting the grass that won 20 million dollars on the lottery, but got bored.
If you got everything you wanted right now, you would be bored, once you love the grind you love life, if you hate the grind you will hate life.
The definition of a workaholic is being imbalanced (be a Renaissance man) and not liking what you do.
Nobody who makes money is outsourcing everything; most great efforts come from heroic efforts of an individual person.
There are some things you can leave to other people, but not like people think; I will come with a good idea and outsource everything and sit back and get rich, that doesn’t happen.
If it doesn’t even feel like work, you’ll put in more hours; you may be lazy because you’re doing the wrong thing. The third thing that could happen is you could be deceived that in the modern world it’s going to come easy, and you don’t need to work as much.
Love and work will make you happy!
“We are here to get things done.”
Make a list of anybody that I can show that had an impact that I want and worked very little hours.
There’s not a lot of happiness in the beach drinking, there is some, but not as much as people think, and everybody wants to sell you that idea.
Tim Ferris built an empire, ask him if he worked 4 hours/week.
Those successful people grinned it out; don’t even start with another mentality.
“I have the best news, I’ve met the best woman ever and I figured a way that I can only spend 4 hours/week with her.
Which of the four big areas of your life do you have the 4 hour workweek mentality and how do you plan on fixing it?
Business; I plan on learning at least 7 hours/day and working 7 hours/day to expand faster.
Step 18: Man on the Moon Contrast, Keeping Easy Things Easy- framework to simplify anything
Cognitive biases will cause you to make mistakes in your life. Everything you didn’t get is probably because of biases.
Putting a man on the moon took 10,000 years of knowledge and a trillion dollars. Everything else is in contrast very easy compared to that. Losing weight is very easy, innovate out of the problem.
Making a million dollars is much easier as well; that’s $3000/day, if you work 10 hours, you need $300/hour.
$17,000/ year for working on a farm, than deciding to try something new; Starbucks and College. Then wrote a paperwork for $5000, shrink problem down and compare it to something big. Never being intimidated by the next best thing.
Amigdula controls fear; Alexander said that either you conquer fear or you die. Start messing with the contrast, they put the man on the moon, can I make $300/hour.
Weakest calves (Arnold); instead of lifting 250 pounds, do 1000 pounds; once you see someone else doing it, the contrast is set (4 minute mile)- mind is pulling you back.
The decision to save a stranger from drowning is genetic.
I might not have the same testosterone level as Alexander (conquering big cities at 19), but by changing framework I can do big things overnight.
Most people contrast themselves with their friends (health, wealth).
Not everyone will be a billionaire or Arnold, but put these contrasts; if he could workout 6 hours/day, can I 15 minutes?
Evolutionary most people can’t save money because of the 130 rule, if they make 100 grand, they want the lifestyle of 130, when they figure that out they want even better lifestyle.
If you make a million dollars you won’t be happy in Beverly Hills.
Warren controls his biases, lives in the same neighborhood. Pick someone big.
(book) Born to run; Indians would run 100 miles/day, on a marathon competition they thought that was just warmup and they finished last.
When you do things, compare yourself not to your friends that do it twice as better, but to people who do it 10 times better you will ever do.
If it’s too small the switch and contrast will not be big enough, the gap is too small.
Sam Walton is not 160,000,000 times smarter and luckier than me, it’s in my head.
If you can’t date anybody, see it as if DiCaprio can date 10 Victoria Secret models, I can talk to that girl at the coffee shop, that’s easy.
Ask anybody you know how busy they are; even if they have nothing going on; “I had a few things, had to pick up groceries…”; Why don’t you make it easier on yourself? Value time.
You only get 3 bursts of glycogen a day; most people complicate simple things, answer long mail instead of one sentence.
Only give each thing the appropriate time; don’t use a lot of time on things that need 5 seconds.
People think stuff that are so simple they will be off the radar in a few weeks; “should I wear read or blue shirt, will this girl call me back…”
Ask yourself; “How much time do I spend….getting ready”; what doesn’t give you a good life is not figuring out the big things.
Most people don’t think health 2 minutes/week and that’s life, keep simple things simple and then spend a couple hours on important things.
Friends think about which car to buy or which TV for days, how about thinking about how to not be broke, they oversimplify the hard things instead.
Oversimplifying how they will make money; it won’t just happen, how many books have you read on that topic?
It’s simple, but not easy ($300/hour); to get what you want you have to deserve what you want, why would you have a million dollars if you read 1 book, and the next door neighbor reads 10 and has a mentor.
Warren Buffett calls it sucking your thumb; you don’t need 20 years to figure out a diet, do it today.
Social skills are the hardest; practice persuasion, talking, speaking for 3 hours/day, that’s what you’ll remember in 20 years, not the color of your car.
What is something that should be simple that you made hard? Socializing.
What is something that is hard that you made too simple; making money, I have to deserve it.
Step 19: Amazon & The $32,000 Brain Budget
Taking the accounting of your financial life.
Don’t major in minor issues, and minor in major issues!
Look at your income (take home money- discretionary income); look at the last 3 months and see what you’ve done with that money; most people spend it on something that’s consumer driven.
Use 30% of your money to invest in your brain- the ratio shouldn’t change when your income increases.
Repetitive theme of 67 steps is the brain and becoming a learning machine; most people don’t have enough raw ingredients (as a chef); same for building a great life, you need a lot of external ingredients to put together (involves reading, having mentors, traveling, seminars…)
A lot of people say either one of the extremes about money, whether it can bring you happiness or not, but the truth is in the middle.
People always go after scarce resources, now or 10 thousand years ago, even ants do it.
Figure out how to use money to bring more good into your life (it can destroy you as well, if used wrong); there’s nothing you can do that’s better than investing in skills.
Painter (that got bored) always invested in up-sells and spent a million dollars on seminars. It was worth it, most other things depreciate or rots.
Warren has Carnegie’s certificate higher than his school diplomas, says that one course was more important.
You can also get a library card- almost nobody has it. There’s no excuse, and everything is online also.
Donald Trump course, and nobody came ($1000)- Claremont
Buying Poor Charlie’s Almanack for $80, instead of buying Jordan shoes that won’t be worth anything in a year, Charlie is a controlling partner of a 300 billion dollar firm- wear flip flops instead.
It’s all about your ratio that you invest in education. Even if you only have $100, then invest $30.
Right now, what is the discretionary income that you have available to you?
How are you currently spending it? In other words, what minors are you majoring in?
What are you going to reinvest in?
Step 20: Richard Branson’s Hurricane & The Imaginary World of Kanye West
An entrepreneur is a person who remakes the world in his own image.
Kanye West compared himself to multiple other people; “I am Walt Disney, I am Steve Jobs.”- he has picture in his mind of how his life will look like.
Richard started Virgin Airlines, but before that he was on an island, but there was a hurricane, and nobody could get off (was stuck), but he innovated his way out of it (remaking the world).
He made something happen, he didn’t watch or wondered what happened; he got a plane and charged tickets to get on and made a profit, then he started airplane company.
When he wanted a $200,000 island he got it; Necker Island.
Don’t be in the wondering category; first, watch and then make.
If I was independently wealthy (not unlimited), what would I do? What would I change? (16 hours I’m awake; would I wake up in a different time, surrounded by family members or business people…what moves me forward, define that world specifically).
Richard moves around, even when he’s at one place he starts multiple things, Bill Gates does one thing- Richard took a hot air balloon to outer space.
The most money you’ll ever make is the thing that matches with your abilities, natural drives, and ambitions.
Even if it’s a little delusional; “I imagine my world where everyone listens my music.”, What’s your thing? Match with eulerian destiny- that process of doing that is called life, so you don’t really want to get to the end, and it’s not easy (Richard almost went bankrupt).
The goal is not to have no more struggle, that will be when you die. You need to get rid of some of that stress, but not struggle to live; be prepared to die, but make your life so good you don’t want to, it will naturally come; be in love with re imagining the world. The key is patience; it doesn’t matter if you move fast or slow, as long as you’re a little closer when you go to bed; turtles live the longest.
Be very specific in how you define it (4 things); how would your health look like? For Tai is basketball, he can play 8 hours and it feels timeless for him. He only needs a basketball court and a friend.
Also look for inverse; what are the things you want to get rid off?
Wealth; how are you making your money in that world (must match with my skill set), you can dream big and be realistic at the same time.
Socially; am I extrovert or introvert (Tai always has people around)
Don’t live a life where you’ll say at the end: “I wish I did something else.”, at least be like “I want to be an entrepreneur, but I won’t be able to do it this year, so I will work really hard to save up money.”; at least following a path, doing it with intention.
Happiness; some get it from beauty, being alone, friends, love, music…
Social is the most important; brain is so socially geared, if you will spend your time with people that eat bad food, you’ll never fix it. Happiness is often related to social.
We evolved with brains, so we can live with 13 million other people together, while a group of 50 dogs would kill each other.
You can have anything you want, but not everything.
In the United States do most powerful word is “imagine.”
What does your world look like that you’d like to re-imagine around health?
I workout at the gym 5 days/week, while eating extremely healthy food at least the first 3 meals, so I get everything done, then I can reward myself with something else, but healthy most of the time (it’s about what you eat 90% of the time).
In your ideal world, where is your income going to come from? How are you going to reverse engineer?
Socially, what does it look like?
How are you going to be happy?
Step 21: Mastering The Four P.A.S.E. Energies & Casanovas Chameleon
Understand you live in the world of 7.3 billion people, brain is hardwired to everything social. Majority of your thoughts will be directed toward something social, so the greatest skills must be understanding people, read people, adapt and work on your team, persuade people, take enemies and turn them into friends…
Tai worked in GE when they were the biggest company and created systems.
Be the first person to analyze, then realize people are different, but not as much as you think and you must be a master of taking your message from your head and place it into other people’s mind and have them work with you; that’s what wins wars, creates revolution.
Some people have done it so effectively that these ideas are changing my life even today.
P- practical, A-action, S-social and E-emotional.
The second you can get a handle on this, you can get on the concept of Casanovas Chameleon; not just with women, he blended in society, he was friends with celebrities (Voltaire), great thinkers, kings… exercise strict self-control and play the chameleon.
Before you can change yourself or other people, you have to understand yourself and their type. The way to motivate myself is by action. We all have our internal dialog, the stories we tell ourselves, the way to master myself I have to persuade myself; and bring other parts of personality to persuade other people.
See weakness in this system as Arnold’s calves; put on more weight.
Practical people are slower, they plan (Friday at 7 pm), good with numbers, not super flexible.
Action- like fire, they do things, starting a lot of things, but P energy finishes things, not patient
Social- hippie, light vibe, don’t like conflict, go with the flow
Emotional- intuitive, but sensitive, deep like ocean, can be too easily driven by fear, affected by environment, not deep skinned.
A and S, P and E go together.
How adaptable are you? You must increase the ability to change, emotional people are afraid to change.
We think that every problem is a nail when we only have a hammer; it doesn’t work that way, different things for different people, keep things slow for practical people, keep things light for social people.
You meet people that always tell jokes, or are always shy even when it’s not good; you have a little bit of all of these, it’s just about bringing out these parts out.
There’s some truth not to judge, but sometimes it’s good to tie people into groups.
Avoid extreme ideologies; strike a balance. Start listening more; assessing a situation.
Once you’re good with yourself, friends, people around you do it on strangers.
For social, go to a friends party you would never go to, for emotional connect deeply to old people.
Which is your dominant and why do you think it’s that? Action, I start a lot of things, but don’t necessarily finish them all.
Which is your weakest? Social
What are your mom and dad? Social and emotional.
How can you bring out each of these in a practiced way, one each day?
Action; make things happen, practical; once I start, make sure I finish the majority, Social; talk to more people every day (at least 5) and emotional (connect with at least 1 person, and experience more emotions; gratitude, excitement, curiosity…)
Step 22: The Seven-fold Path to the Obvious Signs
500 years ago the world was understood in very black and white. Instead of getting an award for figuring out that the earth is not flat, they were threatened to die.
This won’t happen to you know, but basic black and white mentality is still there. If you’re not careful, this will undermine you at every turn toward success. Realize why things are the way they are, most people want to change things out of emotions (anger), but if you don’t know what you’re actually changing (seeing your body in the mirror and realizing what exactly you don’t like); accurately assess the situation and then seek solution that fits! (not eating more big macs, that’s what our solutions usually are unconsciously); be a truth seeker.
When people talk about the truth, the feel like they’ve already done it. Saying “no child left behind in education program”, but then if you ask “What are you doing about that?” the answer is almost always nothing. Diagnose what’s holding you back, what’s a cognitive bias that served you 10,000 years ago, but not today.
It’s not that something bad is going on with me (black and white), it’s more about the Newton’s third law; every action has an opposite and equal reaction. The proper way is to read the obvious signs right now
Changing what I can change, accepting what I can’t and having wisdom to know the difference. You know it’s not the obvious signs when you make it complicated; just say “that’s not good” when you look at yourself, If you want to die at 40, than you should smoke, drink and eat processed food all the time, but you can’t have your cake and eat it too.
Same thing when looking at your bank account, see if you like it. There are people who are poor on purpose, and there are people who are rich that are great. What’s the obvious sign; are constantly stressed about it?
Most of my life will be social, look at it, what do you want to change.
And happiness, are you jumping out of bed? Tap dancing to work?
You might not be getting the outcome you want, then follow the 7 obvious signs. Stop saying what’s good or bad. This efficiently moves me to my goal, and this doesn’t. Now anybody who smokes gets a cancer, and some people that don’t smoke get it as well, but it’s about statistic, not black and white.
In geometry the most efficient path is straight line. As we replace the 500 year old mind and move into new methodology we ask ourselves a question, research that question, from that research form a hypothesis, then test it for a while, observe while you’re doing the test, step back while the test is done running, ask other smart people to give you their opinion about your work (not everybody).
Edison made almost a million experiments in his life. 70% of people quit after the first, 80% after 2, and 90% after 3 experiments. Many billionaires were bankrupt a couple of times, before they made it; didn’t give up. When you switch to this, everything becomes exciting.
“Every man’s argument sounds great until you hear the other side.”- you should never hold any belief, until you can argue the other side better than the other side can argue themselves.
A mistake is an experiment run too long. Don’t be attached (cognitive bias- commitment consistency; friend only eating fruit and losing muscle, teeth getting worse…) People do it in their diet plans, in relationships, religion, politics…
Don’t commit to your new truth and follow it (black and white- being a vegan). Go through your inventory of your beliefs; “You are far from the truth.”, on an imaginary planet, full of delusion far from the truth.
People never finish the experiment; you have to stop, and show results to other people.
Same with business, doing it over and over and over…the alternative path is NEVER getting it right. When you have something to do, jump right in.
You should be done after 10 years of experimenting, so don’t do something for 10 years, do 30 experiments to hit it right faster. When you don’t know what to do, just do something, with this methodology you won’t get stuck, don’t get stuck unless it’s time to do that.
Regarding your physical health, where have you been black and white and not experimented enough? What can you do to experiment more?
Try different diets, my diet is pretty much the same.
Regarding your business/career/wealth, where have you been black and white and not experimented enough? What can you do to experiment more?
Try different ways of traffic, doing YouTube videos, learning and teaching things I know nothing about yet to expand.
Regarding your social life, where have you been black and white and not experimented enough?
What can you do to experiment more?
Hanging around with more people, now I have just been hanging with the best I could find, while leaving others.
Regarding your happiness, where have you been black and white and not experimented enough? What can you do to experiment more?
Try more music, art, movies to see what makes me happy.
Step 23: Landing Your Plane on the Great Wall
Plane in the storm; you have to make the plane go, where you want to go.
The grind of life is life, 99,99% of species don’t exist anymore. Getting from point to point is what life is all about. Life will give you massive blows, but you have been prepared.
Faith is feeling success before you have it.
Unbroken; 47 days on the boat, tortured for another year (blind faith).
Spend time getting perspective of life; not the last 24 hours (most people get bad emotions over a rain shower) instead of the last 2400 years. Go to some poor countries, you’ll see how well you’re doing. Realize that what you feel being a nightmare storm is just a little bump in the road.
We keep hitting the wall in the same way, most people don’t like their lives, but they still do their routines and keep getting them the outcome they don’t want.
“Realize that you hit the wall and only innovation will get you through; where there’s a will, there’s a way.” There’s almost always 5 ways to get through.
There’s one landing that will make you happy, and a lot more that will make you unhappy.
Having a tripod and 1 click on Amazon will get you almost anywhere.
Carpe diem- seize the day
Jonah Hill; “I wish I would keep things in perspective in the early 20ies, that was nothing.”
The first brick of the wall is hard to get rid of, the second and every next is much easier (momentum)- that’s how you reduce every problem. Need a thousand dollars? Divide into 30 days, 8 hours. Once you figure out how to do it for one day, you’ll do it for more.
The second you break down one wall, another one will be waiting, always. Learn to start loving these walls like parkour people, make it beautiful by perfecting your life, so it becomes your story. If there wasn’t any obstacles, there would be no story, and he could not change lives.
Don’t wish you’d already make it, when you will, you’d wish you were younger again.
Do you have a realistic plan that can generate faith?
On a 1-10 scale how strong is your ability to conjure up and generate force of will?
What have you lost perspective in?
What books are you going to start reading to put life back into perspective?
Step 24: Gandhi’s Funeral, Stephen Covey’s Wars, & Flurries of Activity
Your brain is an algorithm, subconscious is constantly testing us. You’re continually doing math, and it’s trying to figure out mathematically how good your life is.
Depression can be functional; making math about how healthy, wealthy you are, how many good and bad contacts….your subconscious goes; not doing so well, which gets manifested in your mind- depression.
Anything that’s in billions of people’s brain is there for a reason, don’t freak out; what you want to do is move towards something, so mind comes up with an optimistic formula.
Gandhi’s funeral; when I die, how many people will show up at my funeral? (when Hitler died there were celebrations; ultimate failure of that test); Mandela passed it, Gandhi, mother Teresa….
Ask yourself quarterly; how am I moving that scale?
Win wars, most of us are rewarded for activities, one of the problems about wage system is the second you pay people for hours, you’re training them to stretch out the hours. If you get people 10 hours, they’ll figure out a way to do it in 10 hours (even if it’s 5 hour work), if you give them 5 hours, they’ll do it in 5.
If you’re payed for hours, there’s no need to rush.
Think of what warrior is trying to accomplish; think with the end in mind (Covey)- funeral test.
This is a war to win, some battles I’ll win, some not- it’s an experimentation phase, not that I have a proper end game, to be there at 80, you have to know what your life has to look like at 70, and to be there at 70, how does life have to look like at 60…move all the way back to the present age.
You have two friends; one never shows up, has excuses, the second one shows up. If you commit to it, make sure you go. Pick an end game goal, and get there on time. No matter what happens, you still show up at the party; you always have 4 wars in your life.
You’re fighting 4 battles.
Lay out 4 end goals, if you’re winning all of them, you’ll pass the funeral test.
The man who can manage themselves and money, manage all; personality test (human metrics)- you will need music, art, charity…all these things are a little ingredients in life that add up to an amazing soup.
First question is always keeping the end in mind, will this bring me closer to what I want. Define what winning means in every category. Then follow the straight line.
For you who is the epitome of someone who has passed the funeral test?
Do you have a clear end game war winning concept for your life?
What does your winning the war in the four pillars of life look like?
With health, I want to do 50 pull ups and 100 push ups without pause, and run for 5 kilometers every day, with wealth I want to reach 10 million dollar mark, with social life I want to be so well connected that I wouldn’t even need my own house, I would have successful people who I could visit for several days, and so many of them I could do those visits without going home in between, with happiness I want to be mentor to people who want to improve their lives and contribute in that area.
What is your weakest pillar that you create flurries of activity for?
Step 25: Joel Salatin on Nature Laughing Last, the Respect of Seasons, and the Terrible Twos.
Don’t be so egocentric to think that your best-laid plans dictate various laws of life and nature; we will get old, forces of nature (laws of physics, biology) and other humans; these are the three sources of pain (Sigmund Freud). We’re all naturally in this egocentric mindset and need to snap out of it; the decay of your body, laws of nature and things other people do to you.
The reason why we’re continually surprised and in pain is because we don’t accept these laws, we don’t realize that this game isn’t about us, it’s about the universe. You’re supposed to be in a world, supposed to be a part of something bigger than yourself. Bridges will wash out in your life.
We all want a million dollars, but we need other people for that, it’s not about us. If you’re thinking about a million people giving you a dollar you’re forgetting that everyone thinks that way.
Business is like having a child; keeps you awake the first year, you don’t feel good the second, third even fourth year, for the first 5 years it’s a nightmare. When that kid is 20, and you’re less able to take care of yourself, he will take care of you.
Even the smartest people worked for over 10 years to achieve something; Bill, Warren…
Average growth in stocks, real-estate is 6%, it takes 12 years to double that. Who are you to say something against the laws of nature?
Alaska (the guy died, when he went across the river it was small when he wanted to go back the river grew), nature doesn’t care about you in the wilderness.
A lot of people want shortcuts, and 67 steps is a shortcut, and you wouldn’t want to raise a child from 2-20 in a year, he would be handicapped, it needs to go through certain steps.
1-year-old babies don’t take care of you, they cost you, they keep you awake.
Once you understand the nature cycle about the years in (10,000 hours), or 10 dark years (took Pablo Picasso 10 years become known), some people take a lot longer than that.
You can shorten the curve through simulation, osmosis, modeling, mentors…but you can only grow in a certain speed.
When we look at the media or even people around us when only notice people who are in the autumn, who went through the hard work, not the people who are in the spring, summer, winter.
There’s important to have all the seasons. Winter gives the soil time to rest, kills parasites…
Winter might be you being home, like Tai Lopez’s dad used to say; ”often times the worst thing for kids are their parents.”
In your twenties, you are also going to have these cycles (within the cycles).
It’s easy to forget that summer exists, when there’s winter and it’s easy to lose faith, but this is the time to do the research, to answer the questions, so when spring comes you’re ready to test, to experiment. A mistake is an experiment that runs too long. You need to put in enough experimentation, one idea takes that long (Edison).
In summer you get rich, you’ve experimented with all the areas and now you’re putting in the hours, putting 100 hours, while others put 40. This is the season for activity.
In winter you find the general industry you want to be in, in spring you’re trying products, in summer the product has already been picked and now you’re gaining knowledge, working on it, analyzing and acting on data, talking to smart people, and then the fall- profits.
We always want to move somewhere else; when we’re 5, we want to be 10, when we’re 25, we want to be 30, but after that, it’s reversed, when we’re 60, we want to be 20 again.
The cons of the autumn are not appreciating it when it comes (feeling bad, when you’re only getting 1% of interest now, you want to be in summer again, but that’s a good problem to have; now you have lots of money already).
That’s why you have to pick a good eulerian destiny, you never know if you’ll be alive after 5 years, so don’t be miserable for the next 5 years, do what you like to do.
If you try to do it too fast, taking steroids, rushing in business…there will be side effects; bad health, lawsuits…
Mother Nature is the meanest of the teachers, use it as a last resort, don’t push it.
Most people run just in front of the wheel, if they trip, they’re dead, go inside the wheel, the same speed (respecting its power).
While other people will be suckers expecting quick results, you’ll not be the sucker and know when to expect the results (raising a child).
There’s no free lunch (adopting a child; it might not have the skills you want), so everything is just a cause and effect.
What was a winter in your life, and knowing what you know now what would you have done differently? Spring? Summer, Winter?
What season are you in now and what are you going to do differently now?
Spring, more experiments, meeting more people…
Step 26: Belts, Suspenders, Failing to Fail, the Six Sigma Hearth beat, How to Not Crash Your F-22
Usually 2-3 things go wrong/day, Six sigma is the approach to perfection; for a million times you do something, only 2-5 go wrong (motor on airplanes).
If you could lower a number of mistakes you do every week, life would be better; they’re costly for relationships, business…
The penalty for mistakes in Selfish Gene is many wasted years (trial and error) that we don’t have; we act like we have all the time in the world, but if you knew when you’re going to die, how more thrifty would you be with your time? (shortness of life)
What can I do to increase efficiency, people think you have to make mistakes; you do learn only from mistakes, but they don’t have to be yours.
Belts and suspenders – Joel Salatin wears a belt AND suspenders because sometimes the belt would fail you. Things go wrong at the exact worst time- what can go wrong will go wrong. The day you need it most is the day it will fail; no single point of failure.
If you set the expectation that you won’t fail, you will still fail every so often, but not nearly as much. The expectation of failure is the greatest reason of failure.
Seems impossible to not make mistakes, but set that expectations, airplanes made it. It’s safer to be on an airplane than it is to be in the car. Create redundancy in your life.
If you only have one babysitter, the stress level goes up, and the one time that you’ll need it most is the time that she’ll go on vacations.
Instead of relying on memory, which is only a belt, have also a suspender, or you’ll forget something at the worst possible moment. Memory is great, but not the only thing you should use.
In order to do that, create systems; energy is more important than time, set it up the correct way, do important things in the morning. You need to build forgiveness, you need to know things will go wrong.
Keep the finger on the pulse of things; in business, I might need to hire an accountant, but keep watching him, expect things to go wrong, and then they won’t. The things you worry about never happen, the very process of monitoring those things, keep them from going wrong.
The F-22 exercise- you should always plan 3 scenarios (most people don’t build forgiveness; “I have to succeed, there’s no other way”- there’s no belt and suspenders approach, don’t know how much energy it will take, what the reality is)- learned optimism is important, but don’t overdo it, plan the best scenario and build a plan around it, another one you should plan is the worst scenario- your life partner leaves you, you leave your job and then business fails (make a plan for that, how would you rebuild?) Don’t be reacting then, we don’t live because our mind is not prepared; do what’s difficult, when it’s easy. Military pilots are trained to plan for the worst case.
We won’t be less happy if we plan for the worst, when we plan for things going wrong which they will, we will actually be happier because of that.
What is the worst thing that can happen to my body? Build immune system now, strengthen relationships now, don’t have delusional optimism (thinking things won’t go wrong).
The last plan you should think of is the most likely scenario.
Six sigma level 1 is 690,000 mistakes/1 million- a lot of people are like that, everything they touch goes wrong.
Level two is 30%, three is 6%, four is less than 1%, the sixth level is 3,4/million.
Build redundancy is most important, the second tool is planning.
Life is just planning and executing, also ideas.
The idea is easy, planning is harder (10 times), and executing is challenging.
We have big brains to simulate other people’s experience, so just up the game, if you read a book/week, try two books.
Make historians, philosophers your friends.
On which levels of sigmas are you? Level 3
What is the primary reason you think you’re at the level you are at now in six sigma perfection?
I plan, but not enough, I’m careful, but I still have too much optimism.
Of the things talked about in the video which of these do you need to work on most?
To get from point A to point B (your goals) what is your F-22 plan to get there? Your most likely, least likely, and the perfect plan?
Most likely scenario is that I will achieve financial freedom for my country this year, because I only need $1000/month from home on my Coaching business to do that, best case scenario is that I do a lot more and am able to move to a much nicer place and buy whatever I want, and worst case scenario is that I don’t have the money and go to free college to learn and temporarily get a job.
What is a practical thing you can do to have a better backup plan?
Study more, get up earlier and not waste time.
Step 27: The Frontman & The Two Ways to Pick Your Trench Mate
I must have allies. One of the most important functions of your brain is getting them, doesn’t matter what you want; lose weight, finding love, building a business… brains are wired to be social.
I didn’t build my own house, created computer, clothes… I need other people.
To become financially independent I need a trench mate.
I’m always in the battle of the decay of my body. If I’m a guy, I have competition when it comes to women, it’s always some sort of a battle, it’s not destiny.
I will not win every battle, everybody gets old eventually, and that’s the cycle of life. It’s like trench, warfare, you’re not always winning; even McDonald’s has only 10% control, there’s no clear winning. Investments will not always go up, person will not always like you back, business will not always succeed, but who do you want in the trench with you, because you would lose very quickly if you very the only one in the trench against 500 people.
As you pick mentors, friends, allies, people you’re mentoring, the most important is energy, intellect, and integrity (without this, they will screw you over).
The worst thing is investing time and energy into someone, just to see them leave eventually; loyalty is key. Even a dog will leave if you don’t feed it and not respect it.
It’s still better to have someone with a little less energy and skills, but loyal.
Alan said to marry the opposite of you, same with the business partnership (book- Working together). The second thing is complementary. There are no well-rounded people, but there are well-rounded teams. Look at your friends, family.
1st methodology is Charlie’s way; Forget interviews, if you do that, you may be hiring people who are really good at interviews. What Charlie wants to do is interview referrals. If you ask direct, they’ll tell you, people they get along with, ask friends of friends.
2nd methodology is biggest private equity fund; direct interviews face to face, but they did 27 interviews over a year (book- blink)- it takes about a year to really gather enough information, you have to see people through many seasons to see all sides of them, but general intuition is in the blink of an eye.
If on the 27th interview you didn’t say “thank you” to enough waiters, door mans…they wouldn’t hire you.
Loyalty needs time, to see it, pick friends a year before you need it, go to some stress together. Blame yourself for this, you can’t change other people, you do things differently.
What is a relationship you have been betrayed in? And how can you make it better next time?
What is the business relationship you have been betrayed in? And how can you make it better next time?
What is a friendship you have been betrayed in?
Where is a partnership you have not been complementary?
Step 28: Lao-Tzu’s and John Wooden’s Terrible Horrible no Good Very Bad Day
“A man makes his own luck.” There is an element of fortune, faith… that’s outside of our control (luck; how you look like, who your parents are), but there is a lot of things you have control over.
“Do what is difficult, when it’s easy.”
99% of the world waits for things to hit them in the face before they do anything about it; people save $2, for every $100 they make at most. You know that if you live long enough your car will break down, somebody will steal money, you’ll get a giant hospital bill to pay when you say 1% you’re saying you’re the kind of person that scrambles the last minute.
“Convictions are the enemies of truth.”- who cares what you believe in, listen!
Prepare for tomorrow, today!- map out 3 main things you will do tomorrow.
John was one of the best basketball coaches, Ted talk; “prepare for the rainy day.”
You can stick your head in the sand, but that’s a dangerous position to take.
New habit: plan for tomorrow, most important thing I can do tomorrow.
If you are not committed to planning for two minutes, you’re not committed to having a good life, these are not optional things.
Some people plan for 8 hours, and then they never do it, don’t be that kind as well!
Know you control your destiny, but you can’t do anything, this is not positive thinking, you are limited by natural laws.
Don’t be too extreme on either side.
When you want to procrastinate realize that you need to do it while it’s easy; the best time to save money is when you don’t need it, people laugh at the fact that banks only loan money to people that don’t need it, which is true! Nobody wants to lend a desperate person money.
It’s not going to get any easier, if you let finances or health go, it will get worse and take more time to get back on track; let the pain drive you, don’t be controlled, but let it serve the motivation.
“When you don’t know what to do and you have something hard to do, just jump right in and it’s halfway done.”
People don’t often do something because they have a bad perception about how much pain it will bring, they have too much time to think about it. Do the most difficult thing in the morning.
When you’re prepared for the rainy day, what will throw most people off for a decade, you won’t even have to deal with. Never struggling with tribulation that most of the world constantly deals with.
What is something difficult that you put off and it came back to bite you?
Not learning while I had the time, so later I had much harder time dealing with everything.
What is a bad habit that you have?
Catching myself watching TV Series, while I specifically planned what I have to do.
What is a resolution that you can make to change just one thing?
Preparing myself for the next day, being aware and jumping right in when I should.
Step 29: Stephen Hawking, Entropy, & Remembering the Future- the injection of energy
Theory of everything- writes his books by moving the cheek; when you feel like making excuses, look at him solving most difficult problems while being paralyzed.
The theory is that the universe is expanding and at some point it will shrink back and then the time would reverse; the future would happen before the past.
Benjamin said that time will never reverse; psychological time (Einstein talked about; time flies when you’re with somebody you love, if you hate your job seconds are very long and it all moves forward), cosmological time (universal time; always moves forward) and thermodynamic time (heat, always moving in one direction).
“Life is long if you know how to use it.”- shortness of life
Time Entropy (things get more disorderly every day), if Stephen is correct then your time is continually moving in one direction. We’re people moving through time.
“It is not that we have a short time to live, but that we waste most of it, life is long enough and a fair amount has been given to us for highest achievements if it was all well invested. So many of us are burning time.”
The second we expect endless time or want to reverse mistakes, we will spend our time thinking it’s not that valuable. Money is lost and made, but not time.
What do you invest your time in? Improving, doubling down on yourself.
One of the ways we spend it is by making other people rich, so we get a little money to use in our spare time; Picasso said to avoid that dichotomy.
The solution for Entropy is directly injecting energy, concentration, focus on your life.
Most people are doing, but not thinking like an animal in a rat race, step out of it. If you don’t do that, everything will slowly decay. Mike Tyson went from 400 million to 15 grand. Entropy is the fact that it’s a little bit harder to lose weight every day as you decay.
When you get out of the college, you get less and less social and happy, love is getting worse… you sleep like a baby at 10, at 40 most people take all sorts of drugs.
The real takeaway is remembering the future (reversal of time); when you take time to learn, you will begin to learn from other people, to transcend time, make friends with people no longer alive- they will tell you what to do, we choose who’s child you want to be, what to take from that.
My enemy is expectancy; tomorrow is guaranteed, can’t wait it will be Friday, vacation… Use the time now, invest in learning from the greatest minds. The penalty for not doing that is making your life shorter, more painful than it needs to be. The game is not over yet, so you have a choice, most people are afraid of the arrow of time, you don’t have to be.
How have you been squandering your time?
By eating bad food and wasting most energy, so I was unconsciously watching bad movies, instead of eating healthy and studying.
What or who could you be embracing that you have been procrastinating seeking out?
What are you going to do to slow down entropy?
Step 30: Peter Drucker, the Cluttered Attic and the Invention of Rules
Managing oneself; remove disabling ignorance.
There are unknown unknowns; there are things we know we know, things we know we don’t know, but there are also things we don’t know we don’t know (or you think you know, but you really don’t know; that’s disabling ignorance or invention of Rules)
Only a few best scientists REALLY understand the theory of relativity.
Examine your own life; what are the things that disable you, where does the ignorance hold you back; Warren says you should let go of one great idea/year.
Thinking sport is mindless limits you to not enjoy it, and it’s ignorant to think so, it plays a huge role, it’s a display of coordination, strength…
Thinking you shouldn’t learn from billionaires if you don’t want to become one is a disabling belief; you should learn from them. The wealthiest people have the least amount of rules, the poorest have the most rules like that.
“The mind’s like an addict, it get’s full.”- Sherlock
These made up rules clutter us, so like Warren Buffett, remove it from your life completely. You don’t need convictions, you can have them, but don’t have ignorant ones.
Convictions lead us far away from the truth. A lot of things people believe turn out to be ignorant.
In the 50ies world was so ignorant they have colored bathrooms, that was 60 years ago. Ignorance is a condition of human experience that is only removed by careful operation.
The world was not as complex before, and there was never so much information coming in your mind, so many things you needed to unlearn. There was no exterior stimulus; advertisements, TV… you were ignorant because of lack of knowledge, now there’s too much.
Now we’re ignorant because we think we know too much because we think the rules work. This is the root of all evil and problems. People fight over space, resources and at other times people fight over “holy land”- they invented a rule that this land is holy.
No physical thing is holy, you make it holy; beliefs and ignorant convictions.
Jim’s dad got the rule “one apple a day keeps the doctor away”, but what if his dad got one word wrong in that rule? Change to candy bar; his dad would not be as healthy, that’s what happens to most people; dig out all the rules and challenge them; spirituality, religion, morality… Don’t just decide because you grew up around, which is the irrelevant factor when it comes to accuracy of beliefs. If you were thought that 1+1=3, you have to reject it, even if your family, friends, spouse…everyone around you believes it’s true.
Common areas are the way you critique other people; in sports, music (you get a lot of inaccuracy- if you feel very deeply that movies and music are dumb, go deeper, ask why 3 times- maybe there’s something fascinating to learn there, don’t be disabled).
One of the biases is consistency; you commit to a role and follow it blindly; that’s dumb forever. Take lessons from that; why are we attracted to that? It’s not so stupid, there’s a pattern there, remove that rule, be wiser. A lot of music sounds the same, but that’s what our brain wants.
“Who cares if I smoke and drink, I have to die of something”, you’re not supposed to kill, but plants are alive too, they respond to stimulus.
Maybe plants scream, but we can’t hear it yet. When we cut grass we think it smells good, but maybe that’s how plants communicate.
“Maybe the rule is you have to kill to survive.”- you always kill something, your house stands where there used to be something alive.
Why is this wrong? (3x) Why do you believe that, is it true?
You need sugar!- well, the body can convert many things to sugar.
Is it right to abort, gay marriages, politics, diet; step and rise above morality.
Go deeper on long-held assumptions and beliefs.
Be better at arguing the opposition, before arguing about something. That gives you the right, to be a believer (not ignorant one). Challenge everything, the mind is an addict.
“I’ve never met a man who was less concerned about making a mistake”- friend talking about Sam Walton
We’re constantly scared of somebody laughing at us when we make mistakes, who cares! People are so selfish, you might change and they might laugh for a second, then they’ll go back, they won’t care, they’re busy with themselves.
You can’t believe how many assumptions we have just from growing up; even with what we wear; expand, read more, travel to places that are very different, be a host family (will expose you to outside opinions).
What is a belief that you held very clearly for a long time that you now realize is crazy?
Thinking that whatever I want, the exact opposite thing will happen which was completely wrong.
What is something that you believe that you could take the opposite side of?
It’s important to get along with everyone, at least to practice social skills and building rapport, if someone gets along with a certain person, then it’s possible and I should do it as well, bring out more parts of myself to the table.
Write out an opposing argument to something you believe.
Money is hard to create, and you should get a “stable” job and stay there because you never know what will happen.
Step 31: Delegating to Shalini & Sam Walton’s Over-the-Shoulder Style- how to manage people
“The man who can manage men, who can only manage things, but the man who can manage money, manage all.”- if you can only manage things (manage machines- you’ll make less money than if you manage the people who manage those machines), but investors have most money.
Learn how to manage other people, and after that learn how to manage money. Everybody needs to learn that, wherever you find yourself, your ability to form allies, groups and put yourself sometimes in charge or below somebody who’s in charge, yet you will always find yourself in a place where there’s a need for management, and it will be most important.
We can use inversion; how do you make people not do certain things?
At every turn you will have to manage people to treat you in a certain way. Controlling people in a positive way so they make an outcome that you want to happen.
Delegating to Shalini (business books are big on getting an idea and getting other people to do everything, but that’s not how it works- most of these people had an active role in their idea.)
If someone does something to you that’s bad, than the first time it’s shame on them, but if it happens twice, it’s shame on you (if you don’t manage the situation, if it’s not in your best interest).
You will be poor if you want to spend 4 hours/week working, and other times waste on the beach while you leave work to other people.
Shalini was an outsourced worker, if you just leave her do the work, she will probably take advantage, you have be there and get some opinions first, have a little bit of knowledge and insight first.
Change the oil one time, you don’t have to master anything, but know generally how it works.
If you’re going to live in a house, do the chores by yourself first, on a farm everybody knows how to do almost anything there.
This only apply to things that are important, that you do often and are integral to your life’s success. You can still go to a doctor, you can open up a book, and understand a few things, so you’re not delegating to Shalini (to people who have their own interests). No one has that much interest in you as yourself, don’t expect that from other people.
You need to know that if somebody needs 40 hours for a 5 hour project, something is going wrong.
Don’t micromanage; at every moment telling everyone what to do, but do like Walton did, look over the shoulder; let people work, but every once in a while peek over that, and have general understanding, so you know what you’re looking at. “Trust, but verify.”
“You get payed in proportion to difficulty of the problems you’re solving.” Every above average individual wants to rise above, and it’s not that hard if you know a little bit about everything around you. Take an hour to learn about bathroom replacement, fixing cars… Don’t act like an expert, that’s an air of the “dilitont”; knowing just enough to be dangerous.
What is a nightmare story where you delegated something and didn’t look over the delegated persons shoulder?
What are some things that you need to build basic every day life knowledge in?
In your primary career, what is something you are delegating without enough knowledge? And you are going to commit to get more knowledge?
Step 32: Slot Machine Probability & Chasing the Mirage
If you’re off by just a little bit when you’re shooting for the moon, you’ll be off for 1000’s of miles.
When you’re 15 you think everything will be great, but 20 years later, did everything turned out exactly like that in the 4 pillars?
Maybe the philosophy is wrong, maybe we had false convictions, we felt something strongly, followed it blindly, but it was not correct.
English soldier had the chance to kill Hitler in WW 1, but couldn’t pull the trigger, because he had arms up, so Hitler thought he was sent from God to do his work, he was deranged, he took that as evidence, that something larger than him wanted him alive to fulfill the purpose.
As much as we like to point finger to other people and the way they’re wrong, but look at yourself, throw away some of your convictions like Warren says.
We all learn from wars, if we’re great is because we’re standing on shoulders of giants.
Most of us are chasing Mirages (imaginary place, you think there’s water in the desert, but there’s none.) We need to know things, but in the past everybody was certain something is true; it’s OK to have slaves, certain the Earth is flat.
We might not have these false convictions, but if we’re not careful, 100 years from now people will look at us and say that we were sure about something that was not true.
“Try live for a week with less convictions, and more investigation, the world needs less opinions, and more observation.”
Instead of being sure of things (wanting to date somebody, follow that diet, quit the job and start a business…), first understand that it’s not black and white, you’ll not figure it out exactly.
You’re never going to know it exactly, have the ability to create two opposite universes; one keeping your job, and the other one opening the business, since that’s not possible, because we’re not big enough it leaves us with uncertainty that you need to accept.
There are two slot machines that represent two choices, if the left one takes 10 pulls to win, and the second one takes 20 pulls to win (random), which one will you choose? The first one of course. But sometimes in life, you have to make a choice, but sometimes in life you win on the first try with the second slot, while the left one doesn’t win; you did the wrong thing and you won, make sure you don’t get confused in that. People do that win politics, diet….everything; they point out the right slot and say: “see, that one won.” but they’re incorrect, so even when you’re losing it’s still better to stay on the left slot machine.
There’s nothing certain, but figure out which diet or which girl, which business is the left slot, while you’re being paralyzed by black and white, wrong and right thinking. In the world of uncertainty you’ll have a hard time bringing certainty into all things.
This is called Epistemology; how do we know that we know something.
Without delusion, and blind spots and without saying “but it could work with this person), you have to go with the numbers. Especially in dating people are chasing a mirage, it’s a dangerous game; “maybe she’ll change”. Slow and steady is better than trying to be cool and going for bad decisions.
See clearly the chances you have, step out of the cave (shadows are not real humans), there are times where you’ll take big risks, but not unnecessary ones.
This presupposes that you might do the right thing and still not get anything, it’s like being little kids saying “mom always rewards me when I’m doing my best”, you could put your time in, do everything, but no one acknowledges you, you don’t get anything; but know this- building skills, getting better and better will always be a good slot machine to bet on. Doing it long enough, that eventually that somebody will find out what you did, and your life will be better.
But that’s why we love getting rich quick schemes, because you could just push a button and win a lot, but you won’t! You have to give the world time to catch up, doing it over and over.
The “if” poem; stick with it!
What is your thing that you have been able to stay with past the 18 month plateau?
Knowledge, learning and implementing, building good habits…
Whats an example of something you gave up too quickly on?
Exercising, but I’m doing it again now, living by example.
What is the clear path that you know you should take but have not taken and what is your resolution to get there?
Continuing to study, learn and teach other people.
What is an improbable “horse” that you have been betting on?
Sports betting; it worked short-term, but I’ll stick to what I do best.
Step 33: Teaching Pigs to Fly & Pushing on Strings
You have to have application; “you have to gain knowledge and then apply it.”
You can’t teach pigs to fly and it bothers the pig, and you can’t push on the string, you have to pull the string.
There are people around you that are doing something that is not of their or yours best interest and must change. You can try to teach them.
Pigs are people who don’t know and don’t want to know. You must separate pigs and innocently ignorant into two categories. Don’t put them together. Pigs are to be avoided, you can’t teach them anything and it will bother them, they will bite you.
Pigs will eat the pearls (best knowledge that you acquired), and then turn out on you; they will get mean, and be careful not to think that you shouldn’t teach anybody anything because of that, just don’t teach pigs, just put them in categories, it’s not judgmental, it’s just reality.
I’m innocently ignorant, and I teach those people, while pigs will use time, energy and opportunity cost they will take, and even leave you at the end.
You may want a million dollars/year and read and study more, but it’s like a string- you can’t just push it, you need to let it come to you at times, you can’t always conquer, sometimes you have to seduce (Voltaire)- not all things can be conquered, let life come to you- but there’s a fine line when to persevere, and when to quit.
There’s a fine line between impatience and over patience, I don’t know where it is, but I better find it before my dreams die.
Serenity Prayer; accept things that are unchangeable- some pigs in life, some strings that can’t be pulled.
You have to be wise about this, know who is who.
A story about pushing pigs that didn’t want to go anywhere, and they squeal- people are the same, we’ve all been pigs, and we have to come around to it.
Teach others and leave pigs to have so much pain (not feeding pigs), so they will naturally come.
If the reward is in their old thoughts they’ll not change, you have to change the reward (feeding pigs on other location so they come there). They need pain and discomfort.
Pay people on performance, or they’ll not try hard.
Every year remove one person, some people will not align with you and there’s no solution. A model (ultimate pick up artist) has 50% success rate, even him! Fire people, let people out of your life if it doesn’t work out, who cares. Not too quickly, don’t burn all the bridges, know the difference.
What is an example of a person that is never going to come around and be able to be taught?
How are you going to go about cutting them out of life?
What is an example of you pushing on a string?
What do you think you need to do to get the wisdom to know the difference?
Step 34: Bill Gates & The Ten Dark Years- overcoming the media cognitive bias
4.9 billion web pages; we’re surrounded by media everywhere, also stories, inaccurate mindsets, so we think we have control over our brain, but that’s not really true.
Riveted (Jim Davies)- you’re being entertained, but getting messages at the same time. You get all sorts of ideas based on that, you’re even dressed how media tells you to dress. One way of the other you do that. We will never be able to completely detach from our senses.
People forget the story of Bill Gates, our brain is not adapted to go backward very well, especially not about other people. Every media is telling you about Bill Gates today, they don’t tell you about him before; started at 12, and for more than a decade he disappeared from the map; he locked himself in an office and built the software. He never took a day off, which is 3650 days without resting; the 10 dark years- Picasso’s best work was developing for 10 years, Mozart, Beethoven…their best work took 10,000 hours.
From Alexander the Great to Aristotle, everyone believed you’re not equipped to know how to live and you were supposed to learn it.
Those things you don’t learn young, you’re doomed to learn at some point, or even worse, never. One type of people conquer the fear, the second type suffers and dies from it. Some people learn how to live, some suffer and die.
Even Kobe Bryant put his 10 dark years, from 7-17 until he signed the contract, Jordan started at 13 (wanted to play Baseball at first), put in 10 dark years and at 24 he dominated.
You see how long it takes, but when you go to media they tell you in can happen quickly, but a fence that is built fast, falls down fast. When it comes to long-term 4 pillars goals, it takes time. Even in romance a lot of smart people speak about companionable love, you have to go through things with them, that’s why it’s important to get old friends back, people you already went through the 10 dark years.
No matter for how much time you go to gym and practice, it still needs time to build muscle memory and strength.
Media lie only shows you the end result, so your expectations are too high, because you didn’t put in 10 years, so either with business partners or dating, you need to lower expectations for now.
Go through your life and see if the expectations are too high short-term, have high expectations in the right time frame.
“The temptation of giving up is the greatest right before you succeed.”- you’re about to quit, but you need to stay a little bit longer. Give it time to reach that level.
Unrestricted growth is called cancer for your buddy. Don’t watch TV, or even YouTube. Read biographies instead.
What is an example of something you have had an unrealistic time frame for health?
What is an example of something you have had an unrealistic time frame for wealth, love and relationships, happiness?
What is a more realistic time frame for these goals?
Step 35: Ignoring the Ninety-Nine, & The One-Tenth Rule
Ignore 99/100 people, but when you find that one person, do everything they say. What’s natural to us is to be democratic, if you have 10 friends you ask for advice, you would listen to majority, but what you REALLY should do is listen to that one person that knows, you begin to listen more and more to them as they stand the test of time, until you do everything they say.
Narrow down the books, the small percentage you should read from all masses.
Stephen Hawking narrowed down science, he may now know how to be social.
Tai is not suggesting that one person should be your mentor, but the ratio should be at least 1 in 100. Even when it comes to books you should ignore most of them, but when you find those few books, read them over and over.
You have a choice between listening to a person who had several successful businesses and a person who read 2 articles and written one. They might be right, but the odds are low. Be elite when you choose who you let into your brain.
Every extreme has another extreme; killing could also be good.
Employees influenced in decisions of their bosses, they should learn from the experts.
You can end up dead if a brain surgeon or your buddy runs an operation on you, but the odds are better in one case. People should earn my trust when it comes to me listening to them.
You don’t have all the time in the world, and you don’t have the time to listen to anybody.
I will probably have 1/10 of the skills that the person I’m learning from has, that’s why you have to study from the top players. That’s why we’re talking about billionaires because they will still be 10 times better. If I learn from my neighbor who’s pretty good, 10% of that is pretty bad.
Philosophical changes are the best, they’re effortless once you escape the grip of your mind. They don’t take a lot of time, just get away from the stubbornness.
Humans are not very good at ignoring if someone screams as you, your ears have no choice, they will listen. You have to be pickier about who you let into your space.
Humans talk about other people 80% of the time, mostly completely irrelevant to you, cut those people out- if you feel weird about spending time with a person cut them out.
Keep in mind that the enemy of great is good, Tai calls it the good life, but it really means the great life. 1-10 rank your 4 pillars; average those out, and that’s your life and that’s what you’re going to remember and be remembered for. Most people live a 5. Throw the average things out the door.
Be careful about sources of information you’re taking in.
When it comes to health, wealth, love, happiness, who are you listening to that should be ignored? That’s average or lower…bad slot machine.
All the family majority of friends.
When it comes to health, wealth, love, happiness who are you going to start listening to?
Step 36: The Sucker in The Room & The Lollapalooza Effect- use cognitive biases.
Everything happens in the mind first, even if you want to move a finger. You will stay in the state of poverty in every area if your mental habits are poor.
“If you’re in a room playing poker with a bunch of people and after 30 minutes don’t know who the sucker is, you’re the sucker!”
Nature of life is competitive, there are forces trying to take advantage of you. You must take control (doesn’t mean you always have to be the boss) if I don’t love me, who will?
Take the responsibility for that. By you making a conscious decision of not being the sucker, it doesn’t mean you won’t be the sucker; 90% of the mind is unconscious.
Someone’s always wanting to persuade you. You get about 2000 ads/day, even on clothes.
An average young person gets 8 hours/day of media exposure (including YouTube ads). We think we’re just ignoring them, but most of the mind is below the surface.
You have 25 main cognitive biases – Warren Buffett and Charlie Munger never go to an auction; there’s a person on stage (authority), going once, going twice (scarcity, urgency; fear of losing), you’re competing with other people (social proof bias- everyone’s looking forward, I want to look forward), reward bias (most powerful- they’re selling something you want, if you miss out, it creates pain). All of these things create together Lollapalooza effect; we can withstand one cognitive bias (maybe authority), but what if they throw other things in which creates a force too powerful, that hits you all at once, and it’s too powerful for the human mind. It’s not something you can build willpower for.
You think you have enough will power, but you don’t; there are all sorts of media systems, value systems, social conditioning… Buddhism is built around that; “if you do that long enough you can detach from the senses”, maybe a few people have done that, but they’re very rare.
News are full of biases, they get paid for ratings, they don’t give you information for the goodness of their hearts. That’s a corporation trying to make money. You shouldn’t have a problem with that, just like you shouldn’t have a problem when you’re playing poker and somebody else wants to win a game of poker. You can not eliminate competition, reward motivation of corporation or individuals. Don’t try to realize who is trying to take advantage of you, just assume everybody wants to take advantage of you, there are lots of bacteria inside you right now that could kill you if your immune system wouldn’t protect you.
They may not want to do it directly, but they have their own goals, their own life to care about. So you can’t get angry at them for that, just stay away if you can. You don’t intentionally expose yourself to bacteria, but also build the immune system for your mind.
So avoid auctions, media, advertisements and strengthen the mind- use cognitive biases to empower other people to make better decisions. Also realize how competitive the world is, put everything to the test because if something is gold, it will never be destroyed in the fire, while other impure elements will get burned. The World is not divided to good and evil, that’s good in movies only. The reason for wars is competition, they’re worried they don’t have enough raw materials. We are willing to make other people suckers, we are selfish.
What is a time you have thought everybody had your best interest in mind but instead you were the sucker in the room?
What is an example of you being persuaded, and what was it that persuaded you? (know what works most on you, and what biases don’t)
What do you think about the world not being so “black and white?”
Step 37: Why Restaurants Fail
When you look at business in general and life in general; to make a million dollars with restaurant, start with three million dollars (above average failure rate, losing money). But why? People eat food, so the market is huge. We might say it’s too much competition, or it costs, people aren’t loyal…
Tai is not pro or anti college; like Aristotle says it’s easy to be angry, it’s hard to be angry for the right reason, at the right time…
To just go or not go to college is an easy brainless decision, it’s the right time, the right place…
Most people that go just because of friends and because everyone else goes spend $80,000 that they will remember for a long time, but don’t remember anything from the classes, they lack focus and waste 4 years, so it’s a poor decision.
Production: Land (in the modern world it’s connections, who you know; not what you know, it’s who you know), labor (your skill and skills or your team) and what everybody forgets- free cash (capital) available to invest.
That applies to your body as well (who you know, what skills you have and capital)- people would complain that organic eggs are double the price, but would spend money on Coca-cola that’s more expensive than water and destroys you.
This applies to social life; who you know and where you are, being interesting and persuasive and lastly you have capital to travel.
Even for happiness it takes some skill, capital and environment you’re in.
One of the dangerous is missing out on 1 or more of these 3 things.
If you objectively have the advantage, use it; if you’re tall, play basketball. Spend more time working on your advantages. You can’t build on weakness.
The more you learn, the more you earn, deserve it. Build your skills 95% and above, and raise capital as well, but be good with the money you have right now- the difference between stoic and epicurean.
We can’t compete with Warren and Charlie that have money from investors that’s worth $300 billion. Warren knows everybody important, he can call the president if he wants to, reads for 77 years on investments and has about 40 billion dollars in cash (doesn’t want to rely on kindness of strangers).
But Warren doesn’t anything about internet, so from this point we’re not competing with him anymore.
It’s not just about me being good at something, it’s about me being good in comparison to other people, costumers have a choice.
In what you are doing now what is your land advantage?
When it comes to labor how skilled are you?
Do you have cash or access to cash to grow your dreams?
Which one of these three things do you need to work on most, and what is your plan?
Step 38: Throwing Idiots to the Crocodiles
Bounded rationality says we have unlimited choice at some level (restaurants)- which is overwhelming. So you say you’ll just look at the restaurants that are 1 mile from your house. That keeps you sane.
When it comes to social life, I still have to put some boundaries. Choose what type of person you want to be an ally with, and what people you want to compete against (Will Durant’s books- competition). It can be healthy competition, or sports competition also. If you need it or not, you’ll still have it, even against Nature.
Let’s do the inversion; who you shouldn’t be around- in business you want to compete with a bunch of idiots, and there’s a large supply of them (Charlie- one kid was always better in math, so I switch the subject).
Try to find a category where not every genius is in, pick niches in an industry. This does not apply to science.
In Economics there’s no really long-term thing; if there’s a huge profit, competition comes and lowers the profit, by doing a better job, being more efficient and the costumer wins.
Have comparative advantage; if you live in Mexico you want to grow oranges, not apples that need winter to grow. Canada doesn’t have advantage to grow oranges, so they grow apples instead. This can make a world a better place, everybody makes what they’re good at, and then they trade it, and net amount is higher, because of it.
Ask and it will be given to you, seek and you will find, knock and the door will be opened; if you don’t know what to do, keep doing that. Don’t give up too quickly.
The crocodiles are a moat around your castle, so the other people don’t steal it. If you’re very good at land, labor and capital they can’t steal anything.
Get rid of distorted self-esteem people (some people are good people who accurately tell who they are, and they’re average and that’s fine, but don’t spend time with people who think they’re better looking, more valuable than they actually are, they’re distorted, also on the low side)
Be surrounded in accurate people, because people who have distorted sense of self are unstable, because they’ll always get different feedback than they actually are, and they bite you in the back.
Everybody at the end thinks they’re better than you, so if they think they’re better, but they get bad feedback, it creates neuroses and anger, if they find a chance where they can rise up on your expense, they’ll use it, they see themselves there and they want to get acknowledged.
That should be my test; accuracy, other people leave casualties and you don’t want to be a casualty. Allies should always be stable people, even if they’re not geniuses, build on loyalty.
The vows people take when they get married is something you can build on, old friends are better, that’s something you can build on, or you will always have to get new friends, new employees that you need to train over and over again- spend time with them closer and deeper to get to know them. Distorted think they’re already there or think they’re somewhere they’re not. Optimism is good, and being a little tough on yourself is fine as well, but balance must be established.
What is an example in your life socially where you have allied with unstable people?
Thinking just because somebody is older, than he has everything figured out and trusted him to teach me how to do it, when it turned out, it could be the other way around.
How can you adjust your career so that you working with your competitive advantage (competing with idiots)? What are you advantages? I already have that since I’m associated with great people, and working very hard I can provide a lot more knowledge than most people that are talking about same things over and over. I’m a continual learning machine.
What new allies do you need to go out and make?
I need well connected people, to teach me social skills and provide me with great people already, so I can expand and get people to know me faster, and mentors who are 10 years ahead of me and more successful then I could ever imagine myself to be.
Step 39: Alienating the 82% With Your Messy Message
Most of us are hypnotized by wide variety of choices; they’re not really there. You’re not really good at that many things.
In any thing you do, if you have 18% of people that see what you do and get highly engaged with you, you will find everything you will ever need, you don’t need a billion people, but the odds are that you will fail. Most innovations were creating a small niche, that eventually expands; there was not a great need for computers, but then it expanded into something huge, while first he thought computer business will be 100 million worth industry, Microsoft is worth 100 billion alone.
80/20 is an overused principle
18% want more information, buy from you… even McDonald’s has 10% over the industry and it’s a multi-billion dollar company.
Start with solving small problems that expand to more people.
Early adopters/visionaries, then you have to cross the chasm and reach other, larger groups of people.
There seems to be unlimited things I can do with my life in mirage sense, but if you want to succeed, there’s not a lot.
Be OK with taking a small ground, don’t talk to everybody in social situations, first focus on 18% of the people.
Don’t be afraid to go so strong on those people, that you alienate the rest, not everybody will like your personality style, and if you try to be liked by everybody, nobody will like you. Be yourself. Even in politics you don’t need 100% of votes, your goal is not alienation, your goal is focusing on 18% so much, that other people naturally feel alienated and fall off. And that’s scary for people if you’re dating, for happiness… have a little bit of a Renaissance man feel to you of course.
An athlete who got cancer; “make your mess your message.”
Add to destiny the part of finding your messy message, what’s the story of your life?
Jordan; unaffected by his struggles, having convictions that good things are meant to happen to him. He always believed that the next shot will be the one that’s going in. Most people don’t believe in the inevitability of their success. Life is an aggregation of disappointments that were given to me.
It appears you have a lot of choices, there are 7.3 billion people trying to become wealthy, so if you don’t do something unique to your story, you’ll never be quite good enough to stand out from the crowd.
Nobody wants to listen to anybody who’s not at least 95/100, nobody has songs, or audio books from average people- expertise is built around focus.
You die because you think there’s water there, when you think you have unlimited choice.
What is the 18% you are going to focus on (niche)?
Building lasting constructive relationships that will bring everyone up, and continue to study all the major areas and evolve as fast as I can.
Who have you been trying to please that you have not been able to please?
People that are actually not as successful and not nearly as intelligent as me, but have inaccurate perceptions about themselves and just give themselves social status that they clearly don’t deserve.
What is your messy message?
Born in a broken home, not knowing anybody who even would know anybody who would have either of the 4 pillars of the good life handled and am now trying to escape social conditioning and learning as quickly as possible and be the mentor that I never had for other people.
Step 40: Practical Pessimism, Paris Hilton’s Grandfather, & Contemplating the Downside
In the world I will be continually bombarded by 2 schools of thought; people that are not really thinking a lot (poor me, I’m stuck, nothing will get better), the 2nd one is the power of positive thinking (the secret- which is incomplete), evidence shows that neither of those is true.
Practical pessimism is what works
Conrad Hilton built the Hilton hotel chain. There was a point of his life that he considers the turning point; he picked up the Helen Keller’s book about optimism and he was struck with idea of having the optimism, seeing the end game ahead.
During the depression 80% of the hotels have closed down, people had no money and as Warren Buffett says when the tide comes you see how’s swimming naked; he was expanding so fast, it was hard to keep any money in the bank, so when costumers stopped coming, hotel after hotel disappeared, he had to close them down, he went bankrupt.
He told the milk man that he will make it, but he can’t pay the milk now, but he will pay them back later.
Most people are superstitious, while others talk about what could happen and prepare for it. The takeaway is that there’s a certain necessity for faith.
When Derone Williams had 0/9, Kobe watched the game and said I would never stop throwing like he did, I would either get a lot of points, or shoot 0/30.
See the future before others do, but don’t be delusional about it (American Idol). Get feedback from enemies, strangers…
Practical Pessimism is the tool that gets you to the optimistic goal. What will get you to your goal is not optimism. As you move toward optimistic goal with pessimism; “I prepared for the worst every day, and I’m happier for it.”
If you don’t want bad things happening to you, prepare instead of not thinking about it. You must contemplate the downside.
Learn more, develop more skills; do everything possible to get to the place where you contemplated the downside before it hits you in the face.
I will have a lot of optimism to reach my long-term goal, but be very pessimistic right now, because I won’t reach it if I don’t expect the unexpected. Most people get against the odds by not preparing financially, by not preparing with health.
Which imbalance side have you been on, pessimistic or optimistic?
I’ve done it reversed which is not good; I always hoped for quick results, but was pessimistic about what will happen 20 years from now.
What is the root of that imbalance?
Hanging around with the wrong people, expecting quick results in anything I do, but thinking that world is a dark place.
What are you going to do differently?
Reverse it, realize that things won’t probably work out perfectly right now, but in the long-term they will
What is your optimistic end goal you are going towards and what could go wrong?
Step 41: Sam Chupp & Making, Watching, Wondering
Amish- group of people that came from Europe that lives the old-fashioned way; they’re not different that everyone was 150 years ago.
3 types of people; make things happen, watch things happen and wonder what happened.
3 modalities of life (you will move to different modalities in different areas of life, Casanova’s chameleon); default modality of most people is wondering what happened. Ask people things to prove this- they don’t know anything around them.
The wondering state is easy testable.
This is about the mindset, the spirit; I’m somebody that’s always curious. You must either participate in the conversation and you’re meeting people, or laying back and listen, learn- that’s OK.
All that people do is “pass time”, you want to live instead.
If you don’t know things, you won’t be impressive; you’ll be talking to someone who can change your life, and they will notice you’re not interesting and not do it. You’ll go through life in a haze, not even knowing what you missed out- like attracts like.
You should get pleasure from just knowing something, that’s the difference between us and animals- they don’t learn, and that’s why they don’t create the fire.
“Lord of the Rings”- that should be a movie! Do the inversion, what would make you an impressive person? The more you move up the chain, the harder it is to impress people, they’re making things happen, and they’ve done a lot.
“I’m not a technology person”- that’s just a rule you invented, now technical things around you. Be a rule breaker- click every button you can. There’s no reason one gender should know some things more then the other gender.
Become more interested on physical things; how the gravity works, how fire works…also on biology (how protein, fats…work on your body), watch your body more and make it happen.
The fourth thing is social interactions- why do people fall in love, why men put on belly fat (3x why)
Money- know about it; ask 10 questions on taxes.
Know about intangible things; music, art, happiness.
(book) The story of the human body
What is something you have always been bad at being in a state of wondering?
What is something that you have been good at making or watching? Teaching concepts, abstract things, general ideas that most people don’t know.
What will you learn and focus on most?
Step 42: Donuts, a $250,000 Check, and General Eisenhower
25 main biases that causes us to make mistakes.
(movie about avalanche)- the husband hates himself for not having courage, everybody thinks he should have known better, but did it anyway, so what are the criteria that followed and made you do this stupid decision?
One of the biases is called misweighting.
Assistant got the donuts, but not the check (“Oh, maybe I’ll do it tomorrow); you can’t take priority of donuts over the check.
“You can get anything that you want, but not everything”- and certainly not everything at once.
Develop the ability to prioritize your life.
The Rock works out and runs, so he’s already done everything before 7 am. It’s not just about yourself, other people will push you to do other things.
Our brains are fairly decent at planning and realizing things; if somebody bumps into me and I punch him I may overreacted and he didn’t do it on purpose, so the whole crowd could go against me, but if somebody does something on purpose you decision may be different- that’s a game theory, it’s a simulation (if, and)- you have to prioritize.
Don’t have the donuts prioritization. We’re made of energy, so knock down the hard things in the morning, so if you have something hard to do jump right in and it’s almost done.
Procrastination is the main reason of not prioritizing; it’s a little bit harder to do some things, so we rather do things that are easier all the time.
Have a little list and change it every day- another bias is commitment/consistency. The mistake of doing something else is as bad as not doing it at all. It is not easy to do first things first.
What are the 3 things you’re going to do today? Ask yourself is this as important as I thought it was and secondly, what’s now more important?
Get excited by change- there are those who conquer the fear, and those who die.
Do not be driven by others agenda, unless it’s the law of physics (their agenda is to read book from cover to cover). Priority is to get good ideas in head, but need to do other things as well- so I may only read 12 pages and get a golden nugget.
Don’t be driven by rules that are imaginary. It’s better to read 10 books and get a golden nugget, then to force myself to get through one book if I hate it.
Don’t buy donuts before you pick up a check, and the priorities of 4 pillars will constantly change.
What is an example of something you recently misweighted and what were the consequences?
Learning something that is not helping me at the moment as a main thing, instead of building my business faster and get that part handled.
What are your four simple things in each of the pillars and which should you do first?
Health- run for 20 minutes, do pull ups and push ups, Wealth- create a lot of YouTube videos for people to see, Love- get 5 close friends that I consistently talk to, Happiness- meditate daily, reward myself for a productive day, stop at whatever I’m doing and just be grateful for being alive.
How do you need to alter your day so you do the most important things on your list first?
Record content as the first thing in the morning, outside when the sun goes up.
Step 43: 20% Weird Factor, the Cabbage Mind, & the Treachery of Scoundrels
Of all the ways that people feel happy, the highest return is interacting with other people, and the way you do that is what will make or break your life.
Hanging with people that are more than 20% weird will not be good for you.
(the anti-social guy that disappeared from all the deals and Tai never heard of it again)
Don’t hang out with people that bite you in the back; that are weird and insecure (Jesus guy).
One type of weirdness is great- inventors, creative types, and everybody is weird in some way, but a lot of these things combined is not good.
Also stay away from people that have Cabbage mind- the only reason they do or decide on something is because their mom does the same thing. If there’s a reason or a story of why you’re Christian, or liberal than that’s fine, but just being that way because that’s the way it is or your uncle said that is wrong. Avoid too strong decisions on things you don’t really know- strong unfounded beliefs; that’s a sign that their mind doesn’t work properly and they don’t want to admit they’re wrong because they’re insecure and think it makes them look bad.
Everybody’s different, somebody might only be able to tolerate 5% weird factor, some can handle 30%, but if they dress weird, eat weird and communicate weird, you may want to consider again. Normal people may not be always better than weird, but the odds are better.
Einstein smelt really bad, that’s a weird factor, but sometimes that guy is a genius, mostly not.
Know that I may be a little on the far side; not allowing no difference (marry somebody different, you already know yourself), you can’t be well rounded as a person, but you may be well rounded as a team. Find your middle ground. How much insecurity do you tolerate?
Take a person that comes to mind that is critical to your business, what is their weird factor, 0-100%?
What is your weird factor?
How are you going to deal with the insecure people in your life?
I coach them, I help them.
Step 44: Six Pack of the Mind
To change the world, you have to change the mind of people, to change that, you have to give them curiosity.
The reason we have hard times is not just external things; not just accidents, your boss, diseases- they affect you (war, violence, divorce), but each of these things begin with our mind, and there are 25 cognitive biases- things that make us make mistakes. The way our brain is wired is not very effective.
47 days on the boat without food- controlling the mind.
First things first- six pack of the mind
Misweighting- are your thoughts aligned with what’s needed most in your life right now, or were you distracted about what a stranger thinks about you, what you’re going to wear, about a song…watching TV that has nothing to do with your life?
Instead thinking about how to build skills, becoming sharp, learning a new language… how many minutes were spent this way?
Elliott focuses on how he could have a better relationship, how he could have better health, when taking walks listening to fascinating books, having a non-job, investing in friends, has rituals… he has priorities, he precooks his meals. It’s a battle every day, but reward for pulling it off is great- most people are penny wise and dollar foolish.
Use memory to benefit a purpose, don’t use it to know every celebrity and to whom they’re married to. By knowing exactly how much the gas costs you may save a few pennies, but how did you spend majority of your money? Start at the big things.
Misweighting bias is in every person no matter how smart they are; multimillionaire focusing on choosing cheaper pencils and saving $15/month. It took him 30 minutes and energy on that, think about marketing that you spend $50,000/month on. The same amount of energy and time is used, but the difference may be $10,000/month; look at the opportunity cost.
The new way to think about is not saving $2, but thinking about where you can save $1000.
Cutting coupons (penny wise), but spending $50,000 on a pool that nobody uses (dollar foolish). People spend money on shoes, but not buy Poor Chalie’s Almanac.
“What are you talking about, you want me to spend money on books?” A book that has everything that one of the smartest man in the world learned in 40 years, but instead buying shoes that aren’t worth anything in a year.
Most people instead of doubling down the best friends and alliances, they treat everyone the same. People feel weird not reading through every page, or watching TV Shows that everyone else watched; why wouldn’t you rather worry about living a terrible life?
“People are worried about all the wrong things.”- they worry about some exotic disease killing them, while obesity has about 1000 times more chance of killing you. How about you saying that you don’t want to eat processed food, be dollar wise.
Write out an example where you have heavily misweighted things?
What is an area that you have under invested in?
Think specifically in one area, how much time each day are you going to commit to prioritizing that area? Add a list below for today’s priorities.
Step 45: Bone Thugs-N-Harmony & The Tyranny of the 1st & 15th-
The vast majority of people’s lives is dominated by money. Most people just think in the future about the next payment for rent, car, paycheck; that’s scarcity and not having financial independence, days blur together when you’re free, because you’re not worried about certain dates in the month.
The simple way is to change how you understand money, the tyranny (“this is an inevitable part of life, can I scrape by my rent?”), what is the opposite of monthly bills?
The solution to everything is income, and minimizing costs.
Every person wants to rise above (extraordinary)- how do I create income that’s not one time? Income must turn into clockwork, just like expenses already are.
If you grew around people that live from paycheck to paycheck, around people that eat fast food, that’s your 2nd nature, you need to change the understanding and change habits, or you’re more likely to do like them.
People used to take money, warriors had money, then explorers had money, then kings had it (you had to be born or you were never wealthy- not many chance of advancement), then banking faze, families, corporations…but now it’s a new time; investor/entrepreneur is what you need to do to rise above.
Having less than $70,000 will get you more stressful hormones, above that is financial independence, when you’ll not barely scrap by.
We live in the best of times; opportunities is above what you can even take advantage of. This may also mean you’ll have to read a book, while everyone else will be watching TV, not buying a new car, so you can have 3 new cars in the future.
Entrepreneur is a creative innovator that recreates the world in his own image.
In what ways are you under the tyranny of the 1st and the 15th?
I have expenses that I need to pay, I’m still in scarcity level.
In what ways have you adopted the old ways of making money?
Working for money, instead of money working for me.
What is something you can do right now to start making more money?
I can get more clients that I will help in exchange for money.
Step 46: Allan Nation’s 1000 Sheep and Not Doing it Small
Anything you’re doing to really get traction (impact) you have to have scalability; first Apple designed an iPhone (20-30 million), then taking the hard work that they did in the beginning and selling it to 25% of the western world; when you read, you read not one, but 100 books, with exercise the hardest part is figuring it out in the beginning, once you figure it out you test it and then scale it up to 6 hours/day (Arnold).
Wanting to have 50 Sheep on day 1 and you don’t know what you’re doing with them, and 50 Sheep will still not replace you main job and you now have to take care of 50 Sheep so you end up failing.
It’s one thing to go for 1 billion idea when they made a few million dollar deals, and there have been some exceptions, but statistics says something else; first attempt is hard.
But make sure it’s hard enough to make you exciting and not discouraged when you make it.
And if you have only 5 Sheep, don’t take it as pets and give them names, spending 5 minutes with every Sheep, because what will happen when you’ll have 500?
People don’t treat things as they will grow.
Even if you could remember 5 names, you’re preparing yourself for the time when you’re going to scale; you have to raise 5 Sheep in the same way as you will then jump right away to 500. You would put in the time to think out a system, so then in the future you can scale. It seems crazy to do all the effort for 5 Sheep, but that’s because it’s organized, manageable, so I don’t fail and burn out and can keep my income at my other job. Then it might take you a week or a year, but sometime you will have it figured out and you’ll say “I got it, I need 10 seconds to take care of 1 Sheep.” That’s realistic, you could go to 5000 Sheep with that system, and you would be able to quit your job; same for every area- exercise, diet, friends…
Set up a meal, organize, go small 10 minutes/day, but it’s all set up for me to do 20 minutes. I will not treat it as a hobby, it’s a miniature version of the real thing, all prepared for me to quit my job and do only this, but bigger. It’s all been tested.
If you’re able to be happy for 5 minutes, you don’t have a problem- blind person is blind 24 hours/day, so you just need to maximize, if you want to speak to a 1000 people, speak to 5, tell them to be a little rude, anxious… to test your reactions out, then go bigger.
It’s all about systems.
A friend didn’t like to go to other people’s parties so he made his own party and told 5 people to drink 1 person each, and over a year it grew to 500, and then 1000.
Tai gathered people for UFC fight on TV, and picked $5 for every person (rented TV), and when number grew, they moved to a restaurant of a person that needed promotion (win-win). From 5 to 40 (small), then up to 2000.
What is an example where you ignored this rule, and you stayed too small?
What is an example where you started with too many sheep and got burnt out?
What is a simple idea that you can start practicing with 5 sheep?
Step 47: The 5% Tweak, Nothing Janky, & When Good Enough is Perfect
“Make war with the multitude of counselors.”
Most people either jump into things and live the half done, sloppy, but it’s about volume and speed (new diets, workouts, but not keeping track, no systems for employees, but get stuff done, just do it), or not starting new things before you haven’t planned it out in detail, read 10 books about it, precise, but sometimes struggling getting stuff off the ground, having ideas for 10 years and still not getting started on them).
There’s a difference between a lion at the zoo that has food, but wants to attack people that look at him, and in the wild where he eats the weak animals, while strong ones stay; people have killed so many white sharks that other fish are everywhere, since there aren’t as many predators now.
So the lion is right in one environment, but wrong in the other one; it’s not the lion that’s the issue, it’s the context. You must stop feeling guilty for what you’re doing; you may not want to become the most extroverted, if you’re naturally introverted, you can refine a little bit so you have a little broader audience, but a lion is a lion, and we want lions to stay the way they are.
But if you find yourself in the realities of life, don’t be introverted every day in every situation that you find yourself in for the next 20 years; strengthen natural weaknesses. Lion is weak in water, and you will find yourself out of place. Don’t be so egocentric to think you’ll never find yourself in that kind of situation- not natural personality attitude.
As you work on refining yourself make a 5% tweak at the time; No hero (navy seals); focus on the 3 foot world when you’re climbing a 1000 ft. wall; you will find it hard when you look down, just look at the next rock to grab 3 ft from you.
Everything might seem impossible thinking in the future too much, just focus on this day, what will you do with your friend, girlfriend, exercise, diet; the hard part is losing first 5 pounds, first million… once you do that, it’s not as hard.
Bounded rationality; how much information should you take in before you start; begin acting once you have about 40% of available information.
Other people started too soon, not planning out.
Nothing Janky (sloppy office); not having it too sloppy, so the table doesn’t fall over, spend another 2 minutes. Do a little research, anything worth doing is worth doing right.
Do something, even if it’s wrong- that’s for people that get paralyzed, know yourself!
If you plan too much, say good enough is perfect.
What is an example in your life where you have been paralyzed by inaction because you were waiting to gather too much information?
What is an example of you not gathering enough information to make a good decision?
What are you going to do to be the lion in the right place?
Get more perspective.
Step 48: Michael Jordan Swagger & American Idol Syndrome- humility, pride, delusion
There’s two extremes in terms of me being confident (key component); as a tool for my brain to get enough faith to take the risks that I’ll need to take. When it’s used incorrectly, like money used by fools it causes tremendous loss.
Someone who achieved amazing results like Jordan was extremely confident, could come off as arrogant, but people who knew him said that they’ve never met a man more teachable than Jordan. His confidence didn’t sabotage his teach-ability, didn’t sabotage him finding the best coaches. He listened better than anyone else. Combined confidence with immense level of teach-ability.
Don’t listen to 99% of people, but when you find that one, listen to everything; there’s a lot of noise in the world, and you may find yourself listening democratically- that might work in politics, but it doesn’t work when it comes to listening- don’t give everybody 1 vote (don’t give 1 vote to an overweight person when you’re learning about health; when you find a person that overcame obesity and is now in shape, listen to everything he says).
Listen to the people that have what you want; if you want 10 divorces, listen to a man that has been divorced several times. You don’t have intuition to success yet, that’s why you have to listen to other people, because that’s how you will avoid delusional confidence.
Over optimism is the most dangerous human bias, that is arrogance. That’s all over Hollywood, people saying “I know I’m going to make it.” Why are you sure? That’s not a law of physics. Don’t be confident about the things that don’t apply to nature, laws of biology, physics, math…
That’s working against you when you’re trying to make it.
People who compliment their child actually harm him, because he starts to be arrogant, and starts to be delusional.
IQ only measures the capacity (like a glass), but somebody with a big glass might not fill it, while a person that has a small glass might fill it up and be confident, not arrogant because it’s backed up- Jordan backed up everything he said.
Magic Johnson is also confident, but also smart; wanted advice from people and while most athletes lose money, he is now very successful businessman.
The opposite of this is American Idol.
The syndrome is that they don’t hear what everybody else hears; it can be rooted in mom patting you on the back, not getting enough knowledge about who the good singers are, not enough practice and knowledge… don’t think you’re good when you’re not!
Delusion would be effective if there were no people, but you won’t fool people to buy if you’re not good or funny- or both. You can’t fool all people all the time, you might fool your family and friends (arrogance will fool some people; “I’m the best singer”), and a few people will say that you’re good since you were so confident, but it doesn’t work on more than 10% of people, and other 90% will boo you off the stage.
Admit you’re bad, find best teachers, and once you’ve changed you can say; look I was bad, I learned through mentors and trial and error, let me teach you. But you have to earn it first, to be confident then.
“Everybody wants to be a Navy Seal on Friday talking about it, nobody wants to be a Seal on Monday, when you have to do the hard part.”
On the way there don’t use arrogance as a tool to get there- even Jordan didn’t do that, he used the fact that he got cut off from the team as a motivation to get ahead. He admitted the mistakes.
Displays of faith in the process is OK, some people will be offended, but most people will see it as healthy confidence; “I’m overweight, but I read books and workout daily!”- that’s not bad.
What is an example of you being democratic in who you listen to?
In what I should do with career, religion and health.
What is an example of you going beyond confidence into delusion and arrogance?
Thinking that learning for a few hours/day will get me all the way to the top, I need to do it with full immersion, while implementing and working much harder.
How are you going to proceed with knowledge?
I will listen to a few people who have what I want, and invest a lot more time than I have so far in order to be confident about it.
Step 49: Why Jay Z and Warren Buffett Like Baseball
Warren Buffett was mentored by Benjamin Graham – don’t make a lot mistakes in life.
People say you should go out and make from your own mistakes; but it depends on the mistakes. You only learn from mistakes, but they don’t need to be yours. Not everything will go great, but if you make less mistakes than other people. If an average entrepreneur fails within the first two years (make for example 100 mistakes and fail in business), you should make only 20 of them.
Like in baseball, don’t go all in on every ball- pulling the back muscle in the gym and having to rest for months. 5 pounds of muscle/year, losing half a pound/week doesn’t sound as much, but that’s realistic for metabolism, environment to catch up (family not stocking bad food in the fridge).
If you think you have a billion dollar idea, but never even had $100,000 idea, you’re too cocky. Jordan scored the majority of points with simple shots, not just incredible dunks that media shows, Warren Buffett waited for years sometimes to find the right deal- slow and steady, San Tzu says you need to know yourself and your enemy.
When you lose your first 5 pounds you’ve done the hardest part; if you just stop the bleeding (at least stop gaining weight and losing muscle), at least don’t lose money, break even or earn $1; that’s the first step, if you feel lonely at least hang out with the friends you have (not even focusing on new friends), that is the first base on Baseball- stopping the negative momentum, lock it in so you don’t go backwards, then keep doing the next 67 steps and focus on 18 month goal.
The second base is getting some positive momentum (you need some time to lock it in, maybe 67 days)- get one random acquaintance, lose a pound, be grateful (A theory of everything); most people stop bettering their life because it’s too hard to do it all at once; stopping the bleeding and now doing the complete opposite as you used to do at the same time. Now you get excited!
On the third you’re really seeing the results and people notice it and that’s a great feeling. Now you pay for things, get good mood swings, meeting other people, gaining muscle… (you need time for the brain to catch up- do it 67 days; it takes time to rewire).
And only then you’re going to hit your goal- financial freedom, losing 35 pounds. Happiness comes from moment to moment happiness and memory happiness (looking back and seeing that you gave correct time frames to you goals and pulling them off); now the rock is going downhill and you really get excited and haven’t made too many mistakes.
What is an example of you trying to hit a home run in Health, Wealth, Love and Happiness, and what was your end result?
Wealth; going for too risky investments and thinking it’s very easy without knowledge.
What is an example of something you want to change in your life in either Health, Wealth, Love, and Happiness?
Wealth- I want to get out of scarcity, have more than $70,000/year in one year.
Step 50: Mastering the Wrong Things & Blue Eyeshadow Numb-Nuts (self-reliance)
To do something right, you have to do it yourself- if you would be able to clone yourself that would be so much easier, but the problem is people hire people that don’t really know what they’re doing.
More important than self-reliance is mastering yourself and the environment (birth control, airplanes, cars…)
Inversion; how to not do something.
The first rule is that in each area you have to master the right thing; be clear in understanding the problem (mastering giving someone a hamburger is also dealing with people, but not the right thing); again the story about crashing the plane in the jungle and not going in the right direction (mastering the wrong thing; Michael Jackson should focus on other things with health, instead of plastic surgery), dating the wrong person for a long time. Don’t be suborn about these things, that’s misweighting bias.
Friend eating bananas while his skin was getting worse; cut the experiment and do something else. You don’t need 1000 experiments, people are happy because of 9 things, but there is no one thing.
Avoid Blue Eyeshadow Numb-Nuts; do you want to call an inexperienced person who wears blue eyeshadow or do you want to call the master for finance? Gray hair are like a crown; embrace that, make sure they’ve got some years in this, or you may want to trust them a little less; don’t be the first or the last to try something new.
“The young doctor fattens the graveyard.”
Fool me once shame on you, fool me twice shame on me- don’t stay with them (they’re bad at their business, the first time is an experiment, then it’s no longer them being dumb, then it’s you).
Our brain wants to give people the second chance, and if you do that, you’re the fool!
If you lose as a coach, they fire you and move on; may not be your fault, just a bad season.
A friend that made $250 million hires and fires fast; doesn’t build them up and make them quit their previous job.
Have a little bit of understanding, but don’t run the experiment for too long; only masters are remembered.
“Start small and monopolize.”- it’s easier to dominate a small market, then a big one; we’re not the next da Vinchies, being excellent at 10 things, but we can dominate a small area.
You can’t be 80/100, you must be 95 or more to stand out in the world of 7.3 billion people. As you focus down and narrow down, you will make it; focus on the next 3 feat to create mastery.
What is an example where you have been a master in the wrong thing?
About 5 years ago in video games.
Example of a time when you trusted someone who did not have the experience to warrant the amount of trust you gave them?
People advising me on betting tips.
Example where you stuck with a numb-nut, it then turned you into a numb-nut, and how will you be quicker to realize it in the future?
Again on betting and stock tips, I will be more careful on the results that they’re really having.
What are you gonna make your mark in?
In teaching other people, in being a Renaissance man.
Step 51: Chatting With Wittgenstein’s Lion
Ideas and language are very important.
Wittgenstein was a great philosopher; “If a lion could speak, you wouldn’t understand him.”
Some people think that words create actuality, take words very seriously (swear words) and people who just say whatever.
If you go to China and start swearing with a smile on your face (and they can’t understand you), words have no meaning, they’ll take it as compliment- words that you mean have no effect on them/opposite effect. If you would hear a lion speak, his mentality is not human, their sentences would be completely different.
Actuality and reality are not created by only words (Michael Jordan and Warren Buffett didn’t get there by chatting about it). When lion would speaks, he would do it in symbols- words should not be underestimated or overestimated, 80% of communication is non-verbal; swearing with a smile on your face.
People communicated before the language.
The most important thing in communication is that you must be understood, the lion and you would not easily understand each other; animals are egocentric (not self-aware, not thinking long-term on what will be better in 50 years), his struggles are more with the ego (being trapped in his own head). An animal will care much less about being understood, but my focus should to not speak the language like the lion- that I understand, but using the symbols that are understood by the other party; “seek to understand to be understood.”
There are tremendous rewards for not being like the lion, because being understood is a foundation of persuasion!
Even if you don’t care about other people, you would still like the rewards of being persuasive, obviously you can’t persuade people in China, if you don’t speak the language.
What resonates with you and makes sense, doesn’t make sense with other people necessarily- you have to be persuasive, but in everybody’s best interest.
The purpose is to be understood, not being egocentric and it’s the basis of persuasion.
Language is not natural for use; it’s very sophisticated, the ability for us to learn words, languages is difficult (not many people know every language), it’s not even natural to know every word in your language, but you have to speak other people’s language (also tonality, certain words).
It is natural for us to move, to make noises, but not to learn languages. So every time something is not natural, humans struggle with it; we might be saying lot’s of stuff, but not making sense to them.
We have three sources of pain; the ones we can’t control- nature (diseases, natural disasters…), decay of our body and not being able to regulate, relating to people around us (misunderstandings).
Develop soft skills, intangibles; not talking monotone or people will tune you out.
Make people excited; at work, in dating; sometimes you have to seduce- persuasion (words)
When is a time when you have take words too seriously? Not being completely humble or thinking that just because someone says something, and he’s older than me, it must be true.
What is an example of a time when you didn’t realize how important words are?
Not realizing that not every person is an action type, so I offended emotional people.
How can you use what you learned today to be more persuasive with words?
By assuming they don’t really know anything and making my teachings clearer, I too often assume that we’re on the same page with a client.
Step 52: Pareto Efficiencies & The Business Triple Entente
If you don’t have the all 4, you’ll soon lose the ones you have.
If you lose health, happiness will go down, remember that you’re mortal and your life is not very long.
Pareto is known for 80/20 rule, but he also talked about Pareto efficiency; defined as a win-win (the more efficiencies you pull off, the less risky they become.
The problem with win-lose (you trying to manipulate to get love, friends, money) is that you don’t fool all people all the time. If your model is win-lose it flips and you lose, or it’s lose-lose eventually. There’s no reason to go to war, if you don’t have to.
Even Philip (father of Alexander) went to war with gifts and as a friend at first. Everything is a social experience (even food, you don’t always eat alone). Mastering efficiencies and social interactions is what’s important, and business is nothing more than a formal approach to create a customer (win-win social dynamic- making allies, friends).
Money sometimes doesn’t make you happier if it increases your loneliness.
The Business Triple Entente (France, Russia and UK- the mind remembers stories, that’s how to remember 67 steps)
Level 1 inefficiency; one party wins on the expense of another party (eventually you will bump into the wrong person and you’ll leave limping). Fast food comes with an expense; society, soil, degradation…
How do you reach people’s brain, so that they don’t do what every credible doctor in the world would agree harms your health?
People want to sue, and get rid of these types of businesses- we have inherit sense of justice.
Guess who wants to be your business partner, co-worker? Like attracts like- stupid, uneducated…
Level 2 Business are neutral- hotel chain (you’re not harming the world, you’re not massively helping the world), for every thing that you argue how good it is, there’s something bad that goes along with that. Good business (enemy of great).
Level 3 Business is win-win; people will give you money and they’re excited and happy when they give it to you. Oprah has millions of supporters and likes, has all sorts of presidents and people are happy to give her money, she lives the dream (has level 3 and all the money, billionaire). This brings a new sense of motivation.
Money is not evil, it’s a tool- has potential of damage, but that’s because of the person that’s using it. It’s hard to turn level 1 to 3 easily; bank robber helping the world.
Competition is good because you push harder, but when competition is taking advantage and we’re using all the effort to battle against that it creates inefficiency.
There’s a time when you have to plant your feet and punch the bully in the face; that’s what will happen to you with level 1, you’ll sleep much better at level 3.
The level of forgiveness quadruples; in level 1 people already don’t like you, when you do something wrong they will destroy you, when you’re at level 3 they’ll say “you invested so much in us and one so well, we will give you a pass.”
When bad times come I’ll have a buffer, safety (like a good farm that has one bad year). Things go wrong and I need that buffer.
There is no down side to level 3, I just need to be a little more creative.
There are times when you have to to the win-lose deal; cut somebody off, protect yourself…
Which of the three levels is your current career in?
I help people, I’m in level 3.
How do you feel about the level you are in now?
I feel great about it, I’m just not happy yet about the money I’m making, I feel amazing because of the impact and results however.
What is a transition plan to move up to level 3?
Provide even more value, expand in knowledge.
Besides your career what are things you can do to move into more of a win-win situation in health, wealth, love and happiness?
Help people around me more, use what I know to improve my relationships with my family, invite people to workout with me, do more social things.
Step 53: The Second Rule is Never Forget the First Rule
I’m surrounded with mixed messages- on one hand the obvious is being pushed on me (I need money- we live in the world of specialization, people do what they’re good at and exchange that value for what they’re not good at, so other people do it for them).
All wealthy people have a vehicle to capture value; people want to exchange money for screens from which they play games.
“The first rule of business is to not lose money, and the second rule is to not forget the first rule.” – Warren Buffett
I am part of economy and the value is lifetime earnings that I created (business, career)- how much would the world be missing on without me?
When it comes to money there are so many viewpoints and people get confused (political and economic- capitalism, communism…) But focus on the fundamentals on what everybody agrees on. All religions say you have to have faith, hope, optimism, but you also need action!
I need a good vehicle that I can get paid, get money; I don’t need to over complicate things, business is not much different than life. In order to get capital, I need some value, people will not pay me for nothing, even if it’s perceived value (video games).
Getting rich quick is a mirage, we only have capacity, we can’t get good at something in a day, so to have lasting results I need to be very good at something; I’ll get the money eventually.
When you plug in your value into a business, it will give you value back; very simple. That’s always better than just saying just buy this (one asset class).
You need to do something that will give you massive value in return, not just anything. It can’t just be perceived value, other people have to evaluate me as well and see I’m really good.
The world will always be testing me for value.
What’s our 3 feet world around me?
If there’s not a lot of people like you, you’re worth more (Lakers players get more money than professors) and it’s in demand- rear and in demand.
If you create a lot of value you’ll make it in any political system (probably).
“The world doesn’t respond to need, it responds to seed (more insights).”
Be so good they can’t ignore you.
What’s your superpower value you can offer the world?
Learning different areas of life and teaching it to other people. Standing on shoulders of the giants, connecting with like minded people.
How well are you capturing it profitably?
Not that well yet, but I just started and need to build it up.
What’s one way you can add more value to what to do?
Put in more hours and more different subjects that are practical.
Step 54: Chess-Like Assiduity & Armchair Meditation- real use for deep thinking
Charlie; Assiduity- having your ass in the chair (original meaning is actually constant attention); thinking, reading; the mindset of not always being in the rat race.
“You have to work on business, not just in business”- not being caught up in moment to moment action, that you don’t see the big picture anymore.
Quiet the mind down and paying attention to moment to moment.
Get in a chair or lay down- step away from everything.
Then do whatever works for you best (the point is to fill your mind, you can still have ordinary meditation if you like, this is a different habit)
Chess is a perfect game for that kind of thinking; you do something and then realize how many options you had and if you knew exactly what your opponent will do next it would be easy, but because they have 20 choices, you have to think for all of those options ahead.
(Bounce)- book that proves that you can learn anything (he learned daughters how to play chess).
Pick one problem at the time and think about it for 15 minutes- find your spot (can be in nature if you want), then start day dreaming with a purpose (“Why am I not getting along with Bob?”) You need to step back from that and think from the bird point of view.
This process has multiple steps; thinking like in chess, if this maybe happened then I would do this, this happened 2 years ago, did this triggered that…?
It will be hard the first couple of times, and focus on one problem- don’t let your mind getting distracted, think through one, but go multi-layers, ask why many times to get why things happened.
Sitting is not natural for you, but 15 minutes will not hurt.
Follow the rabbit trail of your mind to get to the bottom of things.
What is the number one reason you have never done this before?
Not being consistent, getting caught up in the moment constantly.
Where are you going to do this?
In my living room.
What is the 1 problem on the 4 pillars that you are going to confront?
The fact that I don’t finish my courses quite often.
Step 55: The 7 Habits of Highly Unsuccessful People & The Tardy Tree Sloth
(book) 7 habits of highly effective people
Learning from everybody that you meet, mostly what not to do- principle of inversion (what not to do)
Sherlock said that sometimes when you remove all that can’t be true, what you’re left with must be true even if it seems unlikely.
People connect better if you don’t edit out everything, if it’s about content, not about the quality of the video- it’s not about filming transformers.
You have to discover things; it’s not that easy to figure out what you should be doing with your life- a lot of people pass time, but only a few people really live.
Get better at reading signs, being aware- then you have get good at making hard choices (not having all the available information (optimum stopping- you can’t research for your whole life before you decide, you’ll spend your life in analysis being paralyzed).
A tool to get answers quick is inversion; to get an answer about what to eat you can ask yourself; what do I have to do to become really unhealthy fast? How do you find a horrible relationship, how can you get yourself depressed very fast, get poor really fast?
Eat a ton of processed food (Super size me)- an average person eats 3 times/week, cut down to 1/week. Do it for 67 days, then aim for 18 months to eliminate it completely.
To not be successful in money you need to be lazy and unreliable- doing it for 2 weeks, then not doing it for the next 3 months; spending more than they earn, starting to save at 55.
To break up a relationship steal a penny (just a penny, but it’s a seed of not being able to trust you), lack of communication, lack of trust.
To not be happy just focus on yourself, to be happy you need to help others as well, or just hang out with them or you will be less happy; even introverts need friends, have extroverted friends!
Another way to fail is to not know yourself.
Freud’s essay about happiness; know what makes you happy.
How do you not get investors? Not knowing anybody, not having a good idea, never launching it (just planning), investing all the money on something you know nothing about.
This ties to rich friends, poor friends; paying attention to that. Figure out the ingredients you need.
What will not get you healthy?
Not drinking a lot of water, eating fast food all the time (that drains my energy) and not building habits of working out and running.
What will not get you wealthy?
Not meeting any successful people, always planning and not doing, procrastinating and running away from things I know I should do and not prioritizing.
What will not get you love?
Staying at home, not going out when people go out so I don’t stay connected to them and meet other people that they know, not approaching anybody new on my own that looks interesting and not investing any time in improving my social skills.
What will not get you happiness? Being poor and wasting time, not growing and not going to bed any smarter.
Step 56: Floating Across the Pacific On a Raft and Why Sitting Bull Liked to Be Shot At
When you read books about being successful you will get unlimited ideas- clutter in your brain. People are pushing the ideas in your mind from day 1, which sometimes good, but there is a lot of baggage.
The greatest thing you need to have if you’re pursuing Entrepreneurial Lifestyle (all 4 pillars) is courage; life has momentum (entropy- people are getting fatter; more obese people than starving people, so it’s negative momentum), with wealth (an average person saves 2%, so they’re making other people wealthy).
If you want to know quickly how successful a person is ask them how much they care about what their neighbor thinks of them; you need to be a little different and need courage (do stuff other people won’t do).
Tai’s grandmother met Hitler in person and her intuition told her he was going to do something crazy; the natural thing to do was to stay in Germany where the family leaves, but grandma went on a boat to America where she didn’t know a single person and escaped the war. She had a courage.
(movie) Unbroken- crashed into the middle of the ocean, 3 people spent about 50 days there. He stayed cool under pressure. There are people that had luck, but people that live around Tai Lopez did what they need to do; went and met people that mattered, weren’t paralyzed by fear…
Bull was the warrior that had no fear, he sat down slowly and smoked while others could shoot him. 3 year old Indians took a bath in cold water; teaching kids to be brave. You can teach yourself to have courage, that will change your life (sometimes you need to back down, but most people have too much fear) only retreat when it’s the obvious logical choice.
Read biographies; that’s courage.
There’s genes for courage, but you can adjust them if they’re not courageous.
Take little actions and get momentum.
If you think you have courage go to toast masters, take an acting class or go to an open mic night; most of the things that people fear are social.
People think there’s a magic formula; the formula is doing the things that you already know you should be doing.
What’s an example of an opportunity that you missed out on because you were afraid?
Not making consistent videos that would build that YouTube account and get me more sales.
Who is someone you look up to that you can study?
Matt Pocius, he’s 19 and didn’t let his age stop him, he could retire right now, that’s how well he did.
What is a practical action you can take today to start rewiring your brain?
Run everyday in the morning and then take a cold shower and work out for 20 minutes.
Step 57: Unstumpability & Sherlock Holmes’s Sleuthing
Optimism is good, overoptimism is not; anything in overly sufficient quantities is not good.
If you ask an architect he must know at least as much or 10 times more as me. He must be able to stump you; just like if you want to be wealthy or healthy you must be unstumpable.
Which doctor would you choose; the one that just knows about the hearth, or who has curiosity and knows more things about the human body, not just the hearth.
Flip it- if you want to sell a product ask yourself “if I was the customer, what would I want to receive?”
Be the person that you would want to be a mentor to, to want to invest in. Look in a mirror, “if I was a girl, would I want to marry myself?” Become less stumpable.
Ask somebody to ask you any 3 questions in your industry and check if you can solve them; if not, up the curiosity factor.
If I’d meet any of the billionaires (Gates, Oprah, Branson…) and ask them anything in their industry they would solve any question, that’s why they’re there.
(book) Curious; if you’re not curious you won’t be able to to have drive and passion to solve hard problems- “if at night you can still form a coherent sentence you haven’t worked hard enough”
You must become more aware, and the evidence is clear; knowing your environment, even knowing what every keyboard button does.
On day 1 click every single button on websites that you spend a lot of time on. Don’t jump on the track and run a marathon on first try; rewire your brain to be curious before it really counts. You need to say that your brain is not the same as it was 2 months ago
Pass your tests and everybody else’s tests; you don’t need to be unstumpable in history, art music…everything (it would be great), but have at least an introductory knowledge on those things, but you need to be unstumpable on your one thing.
Know everything about your body; metabolism, amount of sugar, protein you need, calories, ideal waist size… these are the basics, and the benefit are almost infinite.
Know it about wealth; accounting, investing strategies…
Know it about love; what’s beauty, how to deal with people, cognitive biases…
These topic might stomp you, but they don’t need to stomp you forever.
I may not seen a lot of guys that have it all, but these people exist and it’s inexcusable to not know something that important.
Be so good they can’t ignore you.
What is an example of a question you or someone else asked you that you don’t know the answer to and you should have?
I don’t really know enough about how the human body works- about all the enzymes and how they are created.
What keeps you from searching a little more?
Laziness, instead of going to sleep and then wake up with will power I too often entertain myself with movies that don’t have a lot of value.
What is a practical area that you are going to learn a little bit more of today?
I will learn how to learn a little bit more, I think that’s a very important thing to improve.
Step 58: Death By Faint Praise and Charlie Munger’s Grandfather- what you never want to hear someone say about you
Charlie is a lucky man and one of the most successful people- when you find one of the rear opportunities, seize it boldly and don’t do it small! (grandfather was his mentor)
We’re patiently impatient; we’re patient that we have 10 year goals, but we don’t do things today; you should be impatiently patient- you do things quickly, right now!
One of the myths is that we will have many opportunities; “don’t stress yourself, there will also be another opportunity”; this might be the only one (you’re not strong enough to defend yourself, you don’t attract this person into your life…), you don’t know how long you’re going to live.
What if on average people get 3 big opportunities randomly spread, how does that effect my life? Understand your mortality; you will eventually die, you won’t have unlimited opportunities.
You get many little ones, but not many big ones (impressing somebody very important) and not every day is a sunny day.
From 1-10 you have a lot of 5 ones, but 8-10 are rear; you put in 100 units of energy and get 1000 back.
Death by Faint Praise; the way you become a general is that other generals sit behind the table and talk about kernels and say “that guy is pretty good” (not the best of man kind); you are often just passed by, by being pretty good, and nobody wants to promote people that are pretty good, not being impressive enough.
If you think your life has unending opportunities realize that most people live for a brief amount of their life, and most of the time just pass time.
We act like mortals when it comes to small opportunities (we fear we will fail, when it’s almost impossible to die of starvation), but act like immortals when it comes to our desires, what we really want (we don’t put in the time and the effort to be so good that we get noticed).
Arnold needed muscles before he met bodybuilding coaches and film directors; prepare for what’s difficult, when it’s easy. When everyone was passing time, he was living, building muscle.
When the generals talk, be so good they can’t say anything else, but; “that person is amazing, he’s the best.”
Let a little fear be there, not paralyzing- most of the things that fear me shouldn’t, but there are things that should petrify me. By the thought that I will pass by the scarce opportunities by not putting in the work before they happen.
When the rest of the world is falling apart in every area, watching Shows and eating fast food, you should be doubling down- make a commitment that I won’t be overlooked by any lack of awareness, effort and unstumpability; this is my time.
I must be impatient- doing it today, to double down; put in more hours, more reps and sets. “Satisfaction comes from knowing you did the best you could do.”
Bach was so good we can’t ignore him; over 200 years after he’s still in many movies. We don’t remember the people that didn’t refine their skills, we never will remember the losers. Being ignored is worse than failing, dying without impact.
Perfect your body and brain before the director steps into the room and be ready, so the death by faint praise will never be said about you.
What is an example of a big opportunity that you are pretty sure you missed?
Being a professional athlete.
What is the reason that you think you missed the opportunity?
Not starting at a young age, so there are guys who are now my age and are already successful, while I’m average.
In the area that you want to succeed in what is the thing that you need to double down on in order to be ready for the opportunity?
Knowing everything I possibly can about health and wealth and to also have amazing communication skills.
Step 59: The Diligent Celebrity & Meeting the King
A lot of habits unconsciously move us in the opposite direction.
“See a man diligent and skilled, he will stand before kings, not before average men.”
Everybody wants to be a star, even introverted- at least in our groups be known. Why do we not get it? There’s a lot of reasons people will tell you.
This quote tells you something different. If you’re skilled and diligent in what you do- if you deserve it, you’ll stand in front of kings.
There’s never a Lakers game that would let play a guy who doesn’t know what he’s doing.
Divide soft and hard skills. People tend to have more soft skills (intangible)- they often exaggerate how creative and persistent they are. When you make a list, don’t have over optimism, but if you want to be a local celebrity (acknowledgment that you’re a person who deserves respects; many people think they’ve above that and don’t need it). That’s like saying you don’t need water, you might drink just other things, but there will be side effects.
I will need to have more skills, diligence is one of them, persistence… but don’t just have those. Tangible skill may be playing a piano
Be a local celebrity on health; soft skills to stay motivated, hard skills to know how to lift weights. Have an ability to stand in front of 1000 people, be interesting when you step into a room, know social games (tangible skills).
Knowing more languages will increase your happiness, social life…
“A man has to know his limitations”, but you can still be a loyal celebrity with languages. Reading is a tangible skill.
You need to be well rounded; you may be great at computers, but if you don’t have social skills to meet a lot of people that matter, you’ll not get anywhere.
There’s not a lot people knowing how to learn- pace of learning is so slow that they will die old before they get smart.
Don’t live your life just for yourself or just for other people.
Every list is short in the beginning, but grow it!
To be respected is important for people’s psyche. The simplest way to earn respect is to write out intangible skills, tangible skills.
Intangible skills- motivation, curiosity, willingness to learn and invest time to get better, being teachable and being able to teach others, being humble and honest.
Tangible- being able to play guitar, Life Coach, NLP Trainer, Advanced Hypnotist, speak English (2nd language), and learning German and Spanish.
In what area can you start striving to become a local celebrity?
In teaching other people, in becoming a great trainer and coach.
Among your friends what is an area that you can be seen as a local celebrity? Being interesting, being able to talk about any subject and be very impressive to be around.
Step 60: The Dutch Big Gulp
I’m doing the most important thing- re-framing and rewiring. Now readjust the pace of success. Get used to finding opposite answers (or seem that way).
“We’re too soon old and too late smart.”- remember what the Dutch said
No matter how old a person is, he has at least one regret; how much better would I live if I knew this 10 years ago…
Jonah Hill wished he didn’t worry so much, because things work out as long as you’re on the right track.
Many people wish at the end they lived a little bit better, and the other extreme is now wishing you knew everything at 9, there’s realistic pace; PI vs. IP.
Patient Impatience (I wish I knew this already)- I have 20 year goals, I’m just 18 and I shouldn’t know that much about money, I’ll know when I’m 40. Don’t act like you’re immortal and don’t be so patient.
Some people sip beer (patient), but you shouldn’t act like you’re immortal. People have big goals, they say I’m unhealthy and broke now, but they still sip; they want to start next year and learn a little bit about it- don’t patiently chase the mirage across the world until you’re too old to enjoy it. Then there’s people that learned how to gulp. They can get a lot into their system quickly- take that example for your everyday life and skill building; you don’t have all day to sit around.
Learn to gulp- when everybody else is reading 1 book/month, you do it faster, when everybody else is learning/working 40 hours/week, you do 100 hours and you’ll done 1 year in 4 months. Gulp it!
There’s a protection mechanism, so it doesn’t go through the wrong pipe and hits your lungs (becomes deadly)- there’s time to throttle.
When people finally find the time to read, they can’t get through it, when they start playing the piano and they’re not good at it the first week they quit- they’re impatient; they were patient before, and now they’re impatient.
You need to gulp in the beginning, start now! Then later, once you’re already in there realize that we’re impatient, so start to throttle; be quick (to start), but don’t be in a hurry- it might take 18 months, be patient.
If you want to play piano, start today! Buy a keyboard and start learning now, then be patient and realize it will take you 18 months.
If you’re broke and don’t like your job, start a part-time business right now, but don’t quit your job right now, start exercising today, but not expect to lose 5 pounds/week.
Trying to lose too much weight too fast will be unhealthy- don’t do the marathon the first day, be patient, but you need to do your first workout today.
People think they will go from Donald Trump debt to prosperity, that’s dangerous- don’t try to skip the steps!
PI- not doing anything, just being employed, but then thinking you have a billion dollar idea (before even having $1000 idea)
Years of struggle will be most beautiful time of your life, once you look back on them.
You can change over night in a sense that you can start momentum, but you can’t get married tomorrow (with an amazing person), learn Spanish, play guitar- Rome wasn’t built in a day.
Whatever you need to be doing, do it now- to rewire your brain and never procrastinate; 75% of people who make a resolution, quit after one week, and they waited until the New Year to start (patient).
If you’re only make a friend today, but don’t make 1000 friends, you’re not adjusted right socially and will attract weird people or not have a deep connection with them, but you can start today with 1 friend.
He who is faithful with a little will be trusted with a lot- first get out of debt, then get to financial independence. There’s no greater tragedy than the fact that other people are making more money than you, but take it slow, build a consistent pattern.
What is an example of when you set a really far off goal and did not follow through?
Wanting to do the 50 pull ups test, didn’t follow through, but I will now.
What is an example of when you did it the right way?
Building my learning habits, learning at least 4 hours/day- have to do it more now!
What is something you have been holding back that does not need to be held back?
Taking action on my knowledge right now, because that’s how you learn faster.
Step 61: The $495,000 Honda Accord
One of the problem with formal education is that it destroys curiosity, but textbooks are extremely valuable.
Everything entails cost that you do, because some things are seemingly free (going to dinner to somebody else) – but everything we do has at least only time cost.
There’s lack of appreciation when it comes to opportunity cost- should you go to college, marry this person… what is the tangible and intangible cost of that decision?
One of the hedge fund managers makes 2 million/hour, so if he goes to see a movie, it costs him 4 million dollars- that’s expensive.
We have a brain that came from the time where opportunities were limited, nobody made a million dollars/hour, we’re in big trouble now because the world demands we understand in the moment and long-term opportunity cost (cost of capital that you could use for other things in the next 50 years).
Spending creates wealth, that’s the only thing that creates it.
It’s not what you spend, it’s what the value is. Sometimes the most expensive things you buy will be the best- buy the good tool, cheap tools are cheap for a reason.
The better you are at investing, the more expensive the movie tickets and shoes become for you!
The average person spends $33,000 in debt for their car. If you would take those $30,000 and invest in another opportunity maybe you would be better off.
A lawyer that represented Jeff from Amazon had a chance to buy $100,000 of shares, but he didn’t- you would also be wealthy with McDonald’s; the brothers cashed out and didn’t stay partners at McDonald’s (annually $100,000,000). The truth cost is more than meets the eye.
The rule of 72- divide the interest rate and divide by 72 to get how long it will take to double money.
The true value is different than people think- the rule of 15; multiply everything with 15, which will tell you the true cost.
RRD- rust, rot and depreciate
Knowledge is nothing, only knowledge that adjusts our instincts counts.
For example fat doctors that smoke- you’re born alone, you die alone- use your knowledge, adjust instincts for yourself.
Know the things that are worth less than the price tag- the value of fast food is much less than you pay for it. You think you buy things cheap, but the health depreciates, or maybe kids suffer to make you something.
Whatever you buy from now on, think about the true cost- energy, time and money, what could you do instead?
Of the last 30 days, how many of those did you tap dance out of bed.
Pitbull- every day above ground is a good day.
Social measure- how many people would care and show up at your funeral, how many people would help you if you went bankrupt, how much money do you have- units of freedom.
“Vote with your check book.”- if you want to change the world fast, influence a million people to start spending money somewhere else.
Stop spending money, live with example and then get 100 other people to join you- a month after making Supersize me, McDonald’s disabled Supersize menus.
Money is a tool, and like any tool it’s dangerous in the hands of fools. You will only create more money by spending money- that’s what banks do, they spend your money- you create wealth for them.
Even if you have money under your bed, it’s being spent by inflation.
You must have your rainy day reserve (3 buckets) – but deploy the rest.
Compare what you spend to other things you could buy. You’re always creating wealth, but often not for yourself.
“You can get this car for $100/month.”- well what else can I get for $100/month?
$267,000 is not a good investment if you don’t know what you’re doing in college- that could have been worth 5-10 million, because the more capital you have the more you can create it.
Make everything you put out be 10 times more valuable than you charge for.
If you can get your money back in 1-3 years you’re crazy, not to do it, anything more you may want to think about it.
150 friends, family and associates is optimal to regulate relationships.
Rise above the mass of men who lead lives of quiet desperation- don’t keep up with the Johnsen family; if they have a car, that doesn’t mean you need it too.
What is an example of something that you bought that the law of 15 makes you realize was too expensive?
What percentage of your spending is on things that depreciate?
What is a change that you can make to have more financial freedom?
Step 62: $20 Billion Gift from Strangers & Building Forgiveness into the Land
Mike Tyson Error- creating success, then falling down
Contrast bias- if you’re used to making a million/year, then dropping to $100,000 you will freak out, same thing happens with health, friends… it affects the way you feel when you wake up.
Keep a little fear, you can fall back- once an alcoholic, always an alcoholic- if you’ve ever been unsuccessful, you can be unsuccessful again.
Donald Trump’s friend sold the company for billions of dollars and lost momentum, he couldn’t do it again.
Warren was asked why he keeps $20 Billion in cash- he never wanted to rely on kindness of strangers, you must build forgiveness into the land; you have to build things that have wide margin of safety. If you’re a farmer, you can build it in a way that if it doesn’t rain for a week, everything dies, make sure you keep something, keep cash- build forgiveness into the economics, have a buffer. You should have at least 3 months of your expenses saved minimum!
There’s no forgiveness built into the system that has only one accountant. You will find yourself begging on a rainy day.
If you eat a lot on holidays prepare yourself before so your health doesn’t fall apart then. Do what’s difficult when it’s easy.
If you don’t do cardio for a month, you will have the endurance of somebody who’s 10 years older. Have a gratitude journal- memory happiness.
Store a lot of “social stock.”
If you would give a gift every day a world would be better- and the gifts will come back. When you make a mistake, you will be forgiven. Double down on the friend you have a lot of companionate love with.
Build it, so that when you mess up, the system doesn’t collapse (either you mess up or the system does- Nelson Mandela).
Go to comedy club, there will come a time when you won’t be able to. Watch something like that once a week, you’re building a bank of happiness, so you can withdraw when you need it, just like Warren can.
This is the time to start, it’s the youngest you’ll ever be.
Abdul was stretching when nobody stretched and was able to play 20 years, while others that are big, usually destroy their joints- he was doing yoga in 70’. There’s an Indian bodybuilder that’s 101 years old with a 6 pack, while 80 year old people can’t even walk.
People have thin forgiveness factor in 4 pillars, stretch it out! Comedy, meditation, wealth, good diet, nature walks…
Where is an area of health, wealth, love/social, and happiness that you have not built forgiveness into?
Not enough cardio, I must lower my hearth beat, not enough saved money, not enough friends that I can count on, people that would give me a place to stay if something happens to me, perhaps I go completely bankrupt, not enough meditation and laughter- comedy.
Step 63: Alexander the Great’s Aggression and the Truth about Your Age
He was very effective at getting what he wanted.
We may not want to copy all his traits, but some were extremely good- mentors, conquering the world. From 19-31 he conquered most of the known world.
IP vs PI.
It’s very hard to predict 10 years in the future, know what your goals for today are instead- tomorrow is not as clear, things can happen (chaos theory). People on the rise move towards their goals every day, Hollywood has a lot of supply, and almost no demand.
Don’t be somebody you wouldn’t invest in.
Bulletproof diet still doesn’t really reverse age, you’re your youngest you’ll ever be today.
Alexander walked to India without any machines while meeting hostile people- he’s a good role model.
When it comes to your life, the statics don’t matter- only you matter, not how long will other people live. Just because statistically most 18 year old people will live long, it doesn’t mean you should wait until the next year to do something, you don’t know if you’ll be alive then.
Understand age in a different way- maybe 80 year old grandfather will live longer than you.
You know something today, not everything, but enough to start today. Multiple micro actions are better than one big action. Start now with what you have.
It usually comes down to a weird combination of fear and abundance- too much or not enough.
“The chains of habits are too weak to be felt, until they’re too strong to be broken.”- It’s a fool’s game to try to change habits in 20 days that you were building for 20 years.
Start as you’re going to die tomorrow, but stick with it like you still have 20 years.
The opposite of fear is abundance, in our fear we act as if we’re immortal; not wanting to do anything.
We’re not abundant with time, so use that to be impatient, while using abundance to stick with it.
What’s an example of a long-term goal you had for health, wealth, love and happiness that should have been done much quicker?
Health- do 50 pull up, and 100 pushup challenge.
What is something you can start impatiently right now and how are you going to break it into bite size chunks?
I will learn for at least 6 hours/day now that I have time over the summer and finish the best courses and books I can find, waste as little time as possible and implement what I learn.
Step 64: Forgetting who’s in the Room
We’ve been burned by listening to other people’s advice- masses never even hope to achieve the good life. It’s often because we open up to people and listen to them and they laugh at us and then not do it again when we get bad advice.
We’re adaptive, we can change in a massive way- so when that betrayal happened to us, we reprogrammed and didn’t listen anymore to anyone.
What you think changes what you do, but also what we do changes what you think.
Don’t forget who’s in the room- if there’s people that are above you, you don’t have much to contribute, they might be 20 years ahead of you and you need to get there and listen, instead of talking or not even being there. Know when you’re with the 33% above you.
And sometimes people that are below you will talk, when you should be talking instead of them.
Wealthy people don’t want others to know how much they earned- driving with Prius to work, generating 130,000 leads/day, and 20 million dollars/year.
If you only have a hammer you will use it whether you’re in a room with morons or with Bill Gates. You must have a tool of complete listening, complete contribution and give/take.
But realize who’s in the top 33% – probably not your friends and family.
What is an example of a time when you should have been listening to people, but didn’t?
I should have listened more to some of my professors that told me how important education is. Even if it was not that relevant, the general idea that you need to learn more and more and go to sleep a little bit wiser is pure gold for me.
What is an example of a time when you listened to people that you shouldn’t have?
To my family that gave me limiting beliefs in pretty much every area of my life.
What is something you can do to spend more time around people of quality?
Connect with more like minded people in groups like 67 steps and build relationships with them.
Step 65: The Pierian Spring & from Whence Cometh the Pride
A little learning is a dangerous thing, drink deep or taste not the Pierian Spring (knowledge, skills). Don’t be a person that knows just enough to get everyone in trouble- talking about politics, while not having any understandings about dealing with large groups of people and understanding the complexity of politics- be curious instead! Don’t be dilaton, don’t read one book and think you know it all.
There will be a day when you will be an expert, but if it’s your first 67 steps, you’re not there yet, it takes 14,000 hours to drink deep and understand- it doesn’t mean you’re not allowed to talk about it, it’s a matter of approach- “I know it all, I know this and that…” the tone of your voice.
Paramedics are trained for hundreds of hours to learn how to move a hurt person, don’t move them on your own. So when it comes to politics, diet… don’t be the beginner who wants to move a hurt person on his own- dilatons are usually the loudest.
The more people know the quieter they get, the more they see how much depth there is to it.
Again, the girl from Facebook- don’t make a service, make a network so people can find log in there and find each other (the middle man).
Drink more and more, deeper and deeper, look for counter arguments to everything you believe in, put in the hours.
Do not become self-fulfilling and delusional.
Now we’re on the other side, when we might think we know everything about success, which is not true either. That day is not there yet.
This program is about the winter of my life- I have to continue and form new habits, I need to move up.
People who know a lot always make a lot of money, because there are so many people who know things shallowly- step by step you get ahead, go to bed a little wiser than you were when you woke up; deserve to be considered the expert of your field, so there won’t be blind leading the blind.
What industry do you know a lot about, but have to earn it?
What subject could you drink deeper from?
Business, learning all about it.
What subject are you going to start drinking deeper from today?
I will start learning about business and communication.
Step 66: Elvis Presley & the Persistent Widow
Jesus would tell the story of the persistent widow that visited the judge every day until she was served justice.
Manager took Elvis on tour- called every day at 6 am in the morning, he did that almost for a year.
People are looking, but not seeing the fundamentals- persistence. Work on fundamentals.
He got Elvis to agree and get a million dollar loan. He also made sure it was completely sold out, it was perfect.
Don’t listen to media bias; they do stories on rich and famous when they’re there, instead read the biographies. Every story eventually comes down to persistence, but there’s no class is school called persistence.
50 cent said that people get bored too easily and don’t stick to one thing- get rid of that.
All persistence is not effective!
Balance between adjusting and persisting. Build persistence on knowledge and tested judgment.
“… I fear a man who’s done one kick for a thousand days.”
What is an example of something you were not persistent enough with in hindsight?
Exercise- not being consistent enough to achieve something extraordinary.
What is an example of something you stuck with too long?
Just learning and not applying- I should have implemented before.
What is something you are going to stick with for the next 67 steps?
Learning and implementing business knowledge, communication and health on my Life Coaching Business.
Step 67: Annihilating the Amygdala & MPFC Mastery
If you’re not a little embarrassed about your product when you launch it, you’ve done it too late. People don’t demand perfection, unless you’re in an airline business.
Few customers will complain, and if 5% of people don’t write you complaints you’re nobody.
Of course you want the ungrounded complaints from weird people.
If you don’t control the fear in Amygdala you’ll never do it- son, father and donkey.
You cannot please all people all the time.
You don’t hear the whispers, but you get the urge to do something.
You have no chance to starve to death in US, but you have the same brain as cavemen and they could- that fear dominates decisions.
But people don’t fear a bad life- wasteful life!
Seeing clearly is the greatest gift you can give yourself- fear the things you should really fear.
People are more concerned what another person next to them thinks about what they listen to, what they wear, instead of worrying about living a bad life.
They are scared of being scammed in seminars, but every scientist in the world knows you’re degrading your life if you’re eating at McDonald’s, but there are no protestors about that.
Why do we know who Kim Kardashian is? Nobody knows who Sam Walton is and that might just change your life!
The ultimate scam is what you’re scared of right now- that’s the greatest thing that happens to you.
Don’t come with your billion dollar idea, make the first book for the trash, it will not be that good, so get it over with a couple of times.
Fear of the horse that used to help horse will now kill him, because he will jump in front of the truck instead of just being steady. If you put a horse next to a freeway and let him watch trucks 2 hours for a month his brain will rewire, he will not even hear them.
You can’t scientifically get completely rid of the fears- but we have the ability to almost eliminate them. First the fear will go to Amygdala, and then it will go to MPFC and see if there is a better memory of this sort of situation- so the only way to do it is to chain yourself to a post like a horse and face your biggest fears.
Have a thinking session instead of meditation- think through your fears. What’s the thing I should be afraid of most? Most businesses fail because there’s not enough money.
Have 6 months of savings at least.
I need a margin of safety in my life. It can be cash, will power, brain power…
Be afraid of aging. Most people are afraid of aging because they think they won’t look as good- be afraid of losing the drive; most people had their billion dollar idea by 44, so kick it in gear fast!
Give a weird amount of money to charity.
There’s two economic responses- making $1 million/day; half the people would retire and go to a movie (opportunity cost).
When you give to charity you rewire your brain- makes you think of ways to work.
Introverts have to get exposure therapy- nobody cares about you! When you’re older you’ll wish you had more attention.
Flow is when time stops and you do exactly what you were supposed to be doing.
The problem is we’re not creating enough, running out of money is not what you should fear, running out of time and creativity is scary- time moves only forward.
Donald Trump had 9.2 Billion of debt, and people committed suicide for a million of debt when real-estate went down in 2008. You need to have emotional stability.
Men who are tough, stable get social status- lose a million dollars and say you’re OK, that’s cool.
The world is throwing junk food, traffic, mean people at me like in a war, who do I want as a tranche mate?- a soft person (“I had rich parents, I never did anything.”) or a scared person that survived.
Don’t wish to have a soft person next to you, someone who had it easy, that’s why you shouldn’t be soft as well.
(Book) The upside of the downsize- your brain is pretty good or your genes wouldn’t make it this far; people that are depressed have a reason, they’re not going anywhere! You need downtime, you don’t need medication to self-dilute yourself.
There was never a time where people would be rewarded for being a survivor.
This generation is the worst, but it can be great if they toughen up.
The hard is what makes it great- build memory happiness.
Elon Musk- “I’d rather put parts of glass in my eye than do it again.” But it’s worth it, he would do it again, because that’s what makes a great story.
“To get what you want you have to deserve what you want.”
Do some things that traumatizes you today, break the patterns.