One Decision Separates The Wealthy From The Non-Wealthy

source: https://medium.com/thrive-global/want-automatic-motivation-and-wealth-do-this-one-thing-immediately-7ae22a88731c

“Courage can be developed. But it cannot be nurtured in an environment that eliminates all risks, all difficulty, all dangers. It takes considerable courage to work in an environment in which one is compensated according to one’s performance. Most affluent people have courage. What evidence supports this statement? Most affluent people in America are either business owners or employees who are paid on an incentive basis.”— Dr. Thomas Stanley

The problem with most people’s lives is that they are being shielded from the consequences of their behavior. There’s little to no accountability.

The fastest way to make success inevitable in your life is to only do work that is incentive-based. Only do that which you are rewarded and punished for the quality of your work. Everything you do needs to matter to the outcomes, consequences, and results you get in life.

Continue reading “One Decision Separates The Wealthy From The Non-Wealthy”

What is an example of something true that nobody generally wants to admit?

“Success is procured from sabotaging someone else’s happiness.”

Getting a job for you means no job for someone else, getting a Top tier college seat for you leaves many of your own friends jealous and unhappy. Robots’ invention left common laborers jobless. Success of Flipkart, Amazon, Walmart, and Reliance took away the ownership of countless small scale businessmen.

Science shows that luck is a self-fulfilling prophecy

Source: https://qz.com/1360304/science-shows-that-luck-is-a-self-fulfilling-prophecy/

  • how lucky we feel influences our future fortunes.
  • luck begets luck
  • This makes optimists the luckiest people of all
  • optimists are more likely to see other people’s experiences as lucky, while pessimists focus on misfortune in the same set of facts
  • “a significant positive correlation” between subjects’ level of optimism and how lucky they thought others were.
  • judgments about luck are inconsistent and changeable, “the predictable result of framing effects and idiosyncratic personality traits.”
  • most people mistakenly believe their success is the inevitable result of hard work or personal qualities, ignoring the fact that they’ve made a lucky draw in a numbers game.
  • people who acknowledge luck as an element of their success are more attractive to others.
  • the ability to recognize fortune’s role makes for a more humble person—and humility is a more attractive quality than arrogance.
  • luck is a kind of self-fulfilling prophecy.
  • Wiseman posits that feeling unlucky creates fear and anxiety, which in turn makes us less likely to see opportunities. Lucky people are, to some degree, those who keep their eyes, minds, and hearts open, making themselves available for fortune.
  • The luckiest among us, then, are great storytellers—magical realists who can see the upside of downturns and consider how much worse things might have been.
  • People who can spin a yarn that emphasizes what went right, rather than focusing solely on what went awry, ultimately create good fortune, and thus up their chances of getting lucky again

There Is No Indispensable Man

Source: https://www.artofmanliness.com/articles/there-is-no-indispensable-man/

Sometime when you’re feeling important;
Sometime when your ego’s in bloom;
Sometime when you take it for granted,
You’re the best qualified in the room:
Sometime when you feel that your going,
Would leave an unfillable hole,
Just follow these simple instructions,
And see how they humble your soul.

Take a bucket and fill it with water,
Put your hand in it up to the wrist,
Pull it out and the hole that’s remaining,
Is a measure of how much you’ll be missed.
You can splash all you wish when you enter,
You may stir up the water galore,
But stop, and you’ll find that in no time,
It looks quite the same as before.

The moral of this quaint example,
Is to do just the best that you can,
Be proud of yourself but remember,
There’s no indispensable man.

Dwight D. Eisenhower — five-star general, Supreme Allied Commander, U.S. President — carried a copy of the same poem in his pocket. In fact, when Ike returned to Normandy for the 20th anniversary of D-Day and was asked to give a speech at a dinner commemorating the invasion, rather than use the occasion to wax poetic about his role in executing one of the most monumental military operations in history, this man of singular eminence instead used the opportunity to read — “The Indispensable Man.”

Here’s The Technique That Ambitious People Use To Get What They Want

Source: https://ryanholiday.net/heres-the-technique-that-ambitious-people-use-to-get-what-they-want/?utm_source=wanqu.co&utm_campaign=Wanqu+Daily&utm_medium=website

There is the type who expects to be asked a number of questions from management. And then there is the type who expects not only to do most of the asking, but to put on a presentation. It is the first type that sees the situation as an interview, and it is the second who sees it not as an interview, but as an audition.

in charge and detailed exactly what he was planning to do

just enough questions to establish comfort and trust, then they reveal how much research they have done prior to showing up, by explaining all the things they’ve learned about the business, how they intend to improve it and exactly why they’re the right person for the job. This move, done politely but confidently, immediately separates them from all the other potential hires.

Yet the fact is that our lives can be defined by these moments of earnest ambition.

We might regret missed opportunities here or there, but rarely do we have the self-awareness and insight to see the opportunities we missed turning into opportunities because we were too lazy, too scared, too entitled to do the work to turn them into opportunities in the first place.

I love the Briefcase Technique because, sure, it’s about confidence and about knowing your shit, but mostly it’s about being willing to actually take a swing at something. To truly put yourself out there — to try.

There are just as many stories about coaches or ambitious upstarts who were laughed out of the room or passed over for someone more qualified, more connected, more “deserving.”

But when it does work? Well, your whole life will change.

So try it.

Great People

Van Gogh never had an art exhibition in his lifetime.
-Emily Dickinson never published a book
-Kafka didn’t have a published novel while alive
-Henry David Thoreau’s Walden sold only 2000 copies before his death.
-John Kennedy Toole had no books published until after his suicide
-Stieg Larsson’s “The Girl with the Dragon Tattoo” was published in 2008, 4 years after his death

These people did their art in isolation. They teased the blood and guts out of their bodies and used the blood to write and create.

Life Advice: What can I start doing now that will help me a lot in about five years?

There’s already a lot here and you probably stopped reading, but I couldn’t resist writing a note to my 23 year old self:

  • If you do anything, do this first one: learn how to work hard and stick with something. Learn how to turn off Facebook and control your addiction to social media. You’ll instantly be ahead of 90% of your generation.
  • Video games are a time sink. If you can play for an hour and say “That was fun, let’s do something else” then you’re ok. Otherwise, just get rid of them.
  • Pick up an athletic hobby that you can do through the years, or your sedentary academic lifestyle will do horrible things to your posture, back, and gut.
  • Learn how to deal with interpersonal conflicts. Read Crucial Conversations and practice – it’s a lifechanger (shameless plug: Crucial Conversations Tools for Talking When Stakes Are High, Second Edition)
  • Learn as much programming as you can. It’s never a bad idea to learn a programming language (unless that language is COBOL-just kidding, you can even make money coding in COBOL).
  • Learn how to display data in R.
  • Learn how to talk on the phone with people you don’t know. It still terrifies most people. Get a phone sales job and quit after a few weeks.
  • Start some kind of little side venture to learn entrepreneurial principles. Start a window washing business, buy and sell stuff on Craigslist, do anything. You might need them if you’re in between jobs.
  • Take a course on statistics and how they’re misused, specifically how faulty causal arguments are made. It will change the way you approach almost any discussion, quantitative or not. (Read How to Lie with Statistics: Darrell Huff)
  • Always have a private place where you can talk out loud to God every day. Even if you’re not religious or don’t believe in God. Talk out loud to the universe. Sort out your thoughts, verbalize them, and then write down what comes to mind. Something wiser than you is listening and responding, even if it’s just another side of you.
  • Use http://Mint.com to track your expenses. Make a budget and learn how to stick to it. Learn to live lean now while you can, so you won’t be forced to later on.
  • Learn a foreign language, but only if you anticipate using it. Sure, there are side benefits, but you’ll forget it.
  • Learn how to network. Read “Never Eat Alone.” (plug: http://amzn.to/XQqfrM). Hint: it’s about doing things for other people.
  • Learn how to cook tasty, cheap food. Especially this bread. Make this bread. No really. http://www.steamykitchen.com/168…
  • Find music that inspires you and makes you feel alive.Listen to it every morning and if it’s something embarrassing just don’t tell your friends about it.
  • Save up a few thousand dollars and go somewhere crazy with a few friends. Live in a hostel for a few weeks. Get malaria if you have to. It will change your life and you will think about it forever (not the malaria part – you’ll get over that.)
  • When someone promises you easy money, run the other way. Yes, it IS a scam.
  • Read a book a week. When you get ridiculously wealthy, read a book a day. Read fiction too.