Thursday, September 29, 2022
Top 10 lesson from book- GRIT
Tuesday, September 27, 2022
Top 10 lesson learned from book-Mindset: The New Psychology of Success
Sunday, September 25, 2022
6 lesson from book 6 pillars of self-esteem.
Saturday, September 24, 2022
5 Important Lessons I Learned from “The Compound Effect “
Top 10 Lessons from "The Psychology of Money" by Morgan Housel
1. Compounding
Sustained long term investments beat short termed high return interests over time due to compound interest.
Fun fact: Warren Buffet accumulated 97% of his wealth after his 65th birthday.
2. Wealth is what you don’t see
We have a tendency to judge wealth based on what we see: cars, clothes, and houses.
Investment accounts, on the other hand, are not visible. We base our financial success on outward appearances.
3. Freedom
The ability to wake up every morning and say, "I can do whatever I want, when I want, with who I want, for as long as I want," is the ultimate form of wealth.
This, above all, is the highest dividend money can pay.
4. Strategy
Live below your means.
You should value your freedom of autonomy more than buying nice things you wanna have right now.
Use that money to educate yourself and start investing.
Being willing to delay your gratification is a must!
5. Risk
Risk is what is left over after you thought you took everything into account.
It is unpredictable and noone is safe from it.
Risk is gonna decrease over time when you make long term investments and don´t worry about short term volatile market situations.
6. Setbacks
Losing money once in a while is normal but you shouldn´t think that you lost money because you necessarily messed up.
Look at it as a fee for investing and making profitable returns over time instead of a fine that needs to be paid for doing something wrong.
7. Reasonable vs. rational
Beware of the difference between acting upon emotion or rational thoughts.
One is not better than the other.
Sometimes, acting reasonably instead of rationally even when the numbers don´t add up on your spreadsheets, could lead to huge success.
8. Room for error
Morgan assumes that the future returns on his investments will be 13 percent lower than the historical average.
As a result, he saves more than he would if he assumed the future will be similar to the past. It's his margin of safety.
9. Benchmarks
Don´t compare your profits and returns to those of other investors.
Measure your success by what makes you happy and what your goals are.
Investing is not a race and you don´t have to feel ashamed nor entitled based on how little or how much profit you made.
10. Tails, you win
Long tails, or the extremes of the distribution of outcomes, have enormous sway in finance, where a small number of events account for the vast majority of outcomes.
A tail event is the cause of anything huge, profitable, famous, or influential.
Friday, September 23, 2022
Top 10 lesson from the book -"Be The Best version of yourself"
10 lesson from book -" LAWS OF HUMAN NATURE"
Thursday, September 22, 2022
10 Powerful Lessons From The Book "Surrounded by Idiots"
1. Surrounded by idiots aims to help you get past the mentality of assuming you're surrounded by idiots.
2. You understand people better when you understand the language of behavior.
The author's method is the DISA model.
• Dominance
• Inducement
• Submission
• Analytical
Each explains a primary type of behavior.
3. When you communicate the listener filters it into a message they can understand.
Rarely, is this message what you meant to communicate.
4. Adapt your communication based on the behavior type of the listener.
Communicate on their terms, with language familiar to them.
5. The only times it's effective to communicate without adapting is when you're alone or in a room with people just like you.
Otherwise, consider the other person's behavior.
6. The best teams have a blend of every behavioral type. Which allows them to make the most of everyone's strengths while minimizing weaknesses.
7. Certain combinations of behavioral types collaborate more effectively.
For example, introverts prefer to work with one another.
8. If you're not sure what behavioral type you're working with, listen for a while.
Pay attention to what they like to talk about to figure their style out.
9. Each behavioral type gets stressed and responds to stress differently.
For example, dominant types get stressed when you take their authority away.
They respond by working harder or finding a scapegoat to blame.
10. Each behavioral type responds to feedback differently.
A submissive person doesn't take well to personal feedback, keep it to the facts to prevent defensiveness.
Work on your Mental Models:
- think better
- think in new ways
- master skills to breakthrough
Understand new skills to make wiser choices and take better actions.
Wednesday, September 21, 2022
20 lessons to learn from book -Who Moved My Cheese?
Tuesday, September 20, 2022
20 lessons to learn from book-Thinking, Fast and Slow.
10 Important Lessons from book -"RULES for MY UNBORN SON"
1)Self-discipli
Knowing how to work hard is just as important as working hard. Keeping yourself motivated when things are easy is one thing, but keeping yourself motivated when things are bad is another beast. Regardless of the situation, you must have the willpower to push through. Showing that you can do this will not only motivate those around you, it will make you a stronger man.
2)Take responsibility
In short step-up. Men take responsibility for their actions and don’t need others to tell them when or how to do so. Being responsible for one’s choices and actions isn’t always the easiest thing in the world. However, true manhood is being able to admit when they are wrong.
3)Choose your battles wisely.
It’s important to know which ones are worth fighting and which ones are better left as is. It’s okay to be quiet and walk away. It doesn’t make you less of a man.
4)Be a gentleman
Having old school values is okay. Treating women with respect is even more than okay.
-Hold the door
-Offer your seat.
-Push her chair up to the table.
-Watch your language
5)Be honest with yourself and everyone else.
Men who are honest are comfortable in themselves. “An honest man has an honorable manhood, which is something that every man should consider to succeed in life.”
6)Humility
Confidence is important but so is being humble. Men have to learn how to balance the two. Being able to do creates a strong and effective leader, which should be the goal for every man.
7)Giving to others rather than receiving.
Men who exemplify manhood see a need, and take the necessary steps to remedy that need. Filling a void and helping others, gives you a greater sense of joy than seeing what others can do for you.
8)Manners
Men (especially fathers) are portrayed as disgusting pigs (ala Al Bundy), but that’s not all men. Manners are important every second of the day, in every situation. Whether you are at home eating at your dinner table or eating in a five-star restaurant. Manners define people, and it separates us in terms of class and sophistication.
9)Be open.
It’s okay to show feelings and to be sensitive. Toxic masculinity is a thing. To deny it exists is foolish. It’s not hard to find, and I could list several examples. In order to combat it, we have to teach our sons that it’s okay be vulnerable. It’s okay to show compassion to others. It’s a wonderful quality that all leaders have, which is why they are loved and respected by others.
10)The first shall be last.
This is a quote I read on Facebook a year ago and typed into my phone as a reminder.
True manhood puts others first. If you want to be a leader, then the place to be is on your knees, with a towel in your hand, washing someone’s feet.
Top 5 Lessons from the Book, Your Next Five Moves.
Knowing yourself is rarely talked about in business circles, but it's impossible to think ahead without self-awareness.
Move #2 — Master the ability to reason.
How to process issues, and having a methodology for making decisions are important. No decision is ever black-and-white
Move #3 — Master building the right team.
To build the right team around you, it's vital that you get to understand others. If you help people find the best in themselves, you can build a team that will help you grow. Ask questions, challenge your people to understand themselves, and build trust in your team.
Move #4 — Master strategy to scale.
Ideally, you want to spark exponential growth. Learn how to raise capital, invest in rapid growth, and create systems which will allow you to gain and maintain momentum. Tracking and constantly measuring the key parts of your business model is required.
Move #5 — Master making power plays. Everyone wants to beat the Goliath in your industry, and if you do that it will be great for your reputation and future operations. Learn how to control your narrative and leverage social media productively to frame your story. Always keep thinking five moves ahead.
Top 6 Lessons from the Book; You are a Badass
1)Why You Must Live in the Present Moment
You must practice living in the present moment because, according to Jen Sincero, living in the present unites you with Vortex/
2)You Have a Shadow Self and a True Self
Your shadow self, the Ego, is guided by your limiting beliefs, and it either lives in the past or future. It is unaware that you are connected to your surroundings, and it loves praise and validation.
Conversely, your true self is in alignment with God/Spirit, and it often strives to attract a reality that matches your true potential.
3)Trust Your Intuition
Always trust your intuition because your intuition is your inner guidance that has all the answers you need. Stop taking people’s advice and rely on your intuition when making decisions or taking action.
4)Why You Must Meditate
Meditation enables you to fall in alignment with Source Energy/
5)The Importance of Gratitude
According to Jen Sincero, you must practice gratitude because it moves you nearer to Source Energy/God and makes it easy for you to manifest the things you want. You must also practice gratitude because when in gratitude, you release positive energy which comes back to you.
6)How to Practice Gratitude
The best way to be thankful is to practice seeing the positive side of everything that happens. Always find reasons to make every occurrence a good one. If you lose your job don’t focus on how life might be hard without a salary. Instead, realize that being jobless will allow you to go after what you truly want in life.
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