WEBVTT - 17 Small Habits That Made Me Rich!

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<v Speaker 1>The key to getting rich isn't about waking up at

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<v Speaker 1>five am or doing cold plunges. It's actually in the

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<v Speaker 1>law of compounding, and no, not investing your money for

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<v Speaker 1>forty years in compounding, but rather the small daily habits

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<v Speaker 1>you stack up that compound throughout the years, making getting

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<v Speaker 1>rich not just easy but inevitable. So here are seventeen

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<v Speaker 1>small habits that have transformed my life and how you

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<v Speaker 1>can apply them in your life. Starting with habit number one,

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<v Speaker 1>I call the gratitude advantage. Now, this isn't what you've

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<v Speaker 1>been hearing about, where you know, every day you write

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<v Speaker 1>down all these little things that you're happy about. But

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<v Speaker 1>it's sort of like that, because daily gratitude does rewire

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<v Speaker 1>our brains for success. So how does it do that? Well?

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<v Speaker 1>Early in my career, like when I was first getting started,

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<v Speaker 1>you know, pre internet days, I couldn't just go online

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<v Speaker 1>and watch YouTube videos of Jordan Peterson. I had to

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<v Speaker 1>buy programs. I had to buy courses. Now, one of

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<v Speaker 1>the first things I bought was a book called Think

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<v Speaker 1>and Grow Rich from Napoleon Hill. Now this book was written,

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<v Speaker 1>I believe, in nineteen thirty nineteen thirty seven, and it's

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<v Speaker 1>been one of the best performing best selling books of

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<v Speaker 1>all time, over one hundred million copies. And the reason

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<v Speaker 1>why is because it's so powerful even today, and going

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<v Speaker 1>through how to Think and how to grow rich, it

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<v Speaker 1>shifted my entire mindset and literally shifted my entire life. Now.

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<v Speaker 1>One of the things that it taught me is that

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<v Speaker 1>we should write down a couple of key things every day.

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<v Speaker 1>Not just I'm grateful for having food or a house

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<v Speaker 1>like that, but more specifically, three things that I write

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<v Speaker 1>down every day. Number one, what did I learn today? Now?

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<v Speaker 1>We want to reflect on that, because even if bad

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<v Speaker 1>things happen today, I could learn lessons from that that

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<v Speaker 1>are helpful. All Right, So I write down what I

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<v Speaker 1>learned and why I'm grateful to have learned those lessons. Okay,

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<v Speaker 1>Then the second thing is I write down other things

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<v Speaker 1>that I'm grateful for. And then the third thing I

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<v Speaker 1>write down every day is what I did well. So again,

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<v Speaker 1>these are lessons, these are stories, and this is what

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<v Speaker 1>drives my life forward. But I think about it in

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<v Speaker 1>an optimistic way, and I use a tool to do this.

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<v Speaker 1>It's a Google form that I've set up to do this.

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<v Speaker 1>If you want to download my Google form for free.

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<v Speaker 1>We're going to put a link to it down below

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<v Speaker 1>if you want to use my tool. But however you

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<v Speaker 1>do it, it's up to you. But the key is

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<v Speaker 1>that optimism is mandatory for wealth creation. I repeat, mandatory

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<v Speaker 1>for wealth creation. I had to repeat that. So what

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<v Speaker 1>do I mean by that? Well, in order to be

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<v Speaker 1>an entrepreneur, in order to be successful in investing, you

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<v Speaker 1>have to be optimistic about the outcome. You have to

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<v Speaker 1>be optimistic about the future. So many times I've talked

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<v Speaker 1>to friends or other people who want help starting a

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<v Speaker 1>business or taking on an investment, and know, I break

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<v Speaker 1>it down for them and I'll tell them, you know,

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<v Speaker 1>how they can scale it or how they can move

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<v Speaker 1>into it, and they just say, like, you know, but

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<v Speaker 1>what if this bad thing happens, And I'm like, well,

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<v Speaker 1>yeah it will, So what that's okay. We'll just figure

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<v Speaker 1>out how to solve them. We'll figure out how to

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<v Speaker 1>mitigate the risk, we'll figure out how to move on

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<v Speaker 1>to the next one. And it's that optimistic lens. And

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<v Speaker 1>without it, you're never going to get ahead, which brings

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<v Speaker 1>us to habit number two. I call the capture rule.

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<v Speaker 1>And I'd say that if you can think it, you

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<v Speaker 1>should ink it. So what do I mean by that, Well,

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<v Speaker 1>our brains should be used for creating ideas, not storing them.

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<v Speaker 1>Our brains should be creating, our brains should be thinking,

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<v Speaker 1>Our brains should be connecting dots. But the problem is,

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<v Speaker 1>if you have an idea, it just sort of rattles

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<v Speaker 1>around inside your brain, driving you crazy, creating stress, or

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<v Speaker 1>you forget it. So if you can think it, you

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<v Speaker 1>should inc it. So as soon as you have an idea,

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<v Speaker 1>I must capture it, all right. What I like to

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<v Speaker 1>say is that time is so valuable. You don't have

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<v Speaker 1>the luxury of having the same thought twice, So as

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<v Speaker 1>soon as it pops up, we write it down. Now,

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<v Speaker 1>in the old days, I used to just carry around

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<v Speaker 1>a notebook with me, and I have a pen and

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<v Speaker 1>I just pull it the notebook and write it down. Okay.

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<v Speaker 1>Then we got you know, the iPhone, and I started

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<v Speaker 1>to put it into this app called ever note on

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<v Speaker 1>my phone, and then you know, I could just plug

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<v Speaker 1>everything in there. As a matter of fact, I still

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<v Speaker 1>have a sheet in every note today and I call

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<v Speaker 1>it my capture page, where I literally capture all ideas

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<v Speaker 1>now today, for the last month or so, I've been

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<v Speaker 1>wearing this wearable device. It's a wearable AI device, and

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<v Speaker 1>it records everything I do, and so now I don't

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<v Speaker 1>even have to push a button. I literally just talk

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<v Speaker 1>and like I put in a tag say like you know,

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<v Speaker 1>like take action, and then those tags, those notes can

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<v Speaker 1>go straight to my assistant and automatically get done. So

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<v Speaker 1>we're capturing everything to allow our mind to think. That

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<v Speaker 1>allow mine to create ideas instead of trying to remember things,

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<v Speaker 1>which brings us to hab at number three, which I

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<v Speaker 1>call when your morning, when your day. Now, one of

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<v Speaker 1>the worst things that you could do is to sit

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<v Speaker 1>down in the morning at your computer and go, well,

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<v Speaker 1>what are we going to work on today? Because if

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<v Speaker 1>you want to drive your life forward, then you have

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<v Speaker 1>to be doing the things necessary to get your goal.

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<v Speaker 1>So you should already know what those things are. And

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<v Speaker 1>it starts out the night before. Now. Typically I put

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<v Speaker 1>my creative work in the morning, so I want my

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<v Speaker 1>mind to be fresh for creating work, which means then

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<v Speaker 1>at the end of the day, I should be doing

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<v Speaker 1>my review when all the things I need to get done,

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<v Speaker 1>looking at all those and then making the plan for

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<v Speaker 1>what I want to do in the morning. When i'm fresh,

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<v Speaker 1>I predecide the task, and by predeciding the task, it

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<v Speaker 1>eliminates the precast do nation allows me to get more done.

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<v Speaker 1>So a simple action step you can take is that,

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<v Speaker 1>just tonight, before you go to bed, list out tomorrow's tasks. Now,

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<v Speaker 1>I typically write down a few things like what's the

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<v Speaker 1>one main thing I have to get done, the non negotiable.

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<v Speaker 1>Then I'll write down what are three tasks that I

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<v Speaker 1>have to get done, and I write all those down

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<v Speaker 1>those are the non negotiables. And again, this is all

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<v Speaker 1>done in the Google form that I fill out every

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<v Speaker 1>single night. And again, if you want it, and I'll

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<v Speaker 1>share it with you, it's down below. It's all free.

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<v Speaker 1>There's a link to it if you want it. But

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<v Speaker 1>it brings us to habit number four, what I call

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<v Speaker 1>eating the frog first. Now, I see eating the frog

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<v Speaker 1>first is about a term that where it's basically, you

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<v Speaker 1>do your hardest task first. You do the thing that

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<v Speaker 1>you don't want to do, the biggest thing, the hardest thing,

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<v Speaker 1>the worst thing, and you do it first because of

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<v Speaker 1>the rest of the day gets easier. Maybe you'd say

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<v Speaker 1>the most important thing now for me, one of the

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<v Speaker 1>most important things for me would be working out. I've

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<v Speaker 1>been working out in the gym since I was about

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<v Speaker 1>fifteen years old, and I would typically always go after

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<v Speaker 1>work because I was never a morning person. Now, getting

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<v Speaker 1>to work was already hard enough for me, and after

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<v Speaker 1>work i'd go to the gym. The problem was, is

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<v Speaker 1>things changed once I got married, I had kids. Going

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<v Speaker 1>to the gym after work it was pretty difficult to

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<v Speaker 1>stay consistent with. But because it was so important to me,

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<v Speaker 1>I couldn't just fit in regular anymore. I figured, well,

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<v Speaker 1>I guess I have to put it first. So what

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<v Speaker 1>I'll do I guess is I'll have to wake up

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<v Speaker 1>like two hours earlier every day so I could go

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<v Speaker 1>before I go to work. Now, I remember sitting there

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<v Speaker 1>in the morning, waking up in the dark for a

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<v Speaker 1>couple of years and just like standing there in the dark,

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<v Speaker 1>thinking of every reason that I didn't have to go

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<v Speaker 1>to the gym, but I would go because it was

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<v Speaker 1>so important to me. I put it first. Now today

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<v Speaker 1>it's my most critical task. It's been so ingrained into

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<v Speaker 1>me now that I look at it like I have

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<v Speaker 1>to go to the gym because my day won't go

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<v Speaker 1>near as good, it won't be near as productive if

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<v Speaker 1>I don't do it. So eat the frog first. Put

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<v Speaker 1>it first, the most important thing, which takes us to

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<v Speaker 1>habit number five, which is what I call habit stacking.

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<v Speaker 1>So what we do is we connect new habits to

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<v Speaker 1>old habits. So, for example, obviously you know I'm making

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<v Speaker 1>videos on YouTube. We make content across the social media platforms,

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<v Speaker 1>and it's difficult to do that. I never have time

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<v Speaker 1>to do that. I'm always too busy. So I guess

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<v Speaker 1>let's create a habit and let's stack it on top

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<v Speaker 1>of the other habits. So now I get up, I

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<v Speaker 1>go to the gym, and as soon as I get

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<v Speaker 1>out of the gym, I create social media posts. So

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<v Speaker 1>now I've stacked another habit on top of another existing one.

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<v Speaker 1>So all you want to do is attach new habits

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<v Speaker 1>to existing ones that are already there. So if you

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<v Speaker 1>can think of just one thing you do consistently. Do

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<v Speaker 1>you wake up at the same time every day? Do

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<v Speaker 1>you brush your teeth at the same time every day

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<v Speaker 1>after you wake up? So okay, I brush my teeth

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<v Speaker 1>as soon as I wake up, and then I'll add

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<v Speaker 1>a habit right under the back of that. So think

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<v Speaker 1>about one habit that you would like to build into

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<v Speaker 1>your life that you can put on autopilot, write down

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<v Speaker 1>one thing you're doing consistently, and then match those things

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<v Speaker 1>up together and it'll be well in a way, which

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<v Speaker 1>brings us to habit number six, which is what I

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<v Speaker 1>call the time vault. And this is a key piece

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<v Speaker 1>that most people kind of overlook, they just absolutely don't value.

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<v Speaker 1>And I call it the vault because the vault is

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<v Speaker 1>where you would put your most storage, your most treasured assets.

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<v Speaker 1>And for us in economics, everything's built off of scarcity,

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<v Speaker 1>and the most scarce thing in the world is time.

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<v Speaker 1>So we've got to guard our time. We have to

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<v Speaker 1>guard it fiercely. Now. The one problem is, just like

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<v Speaker 1>your money, most of us wonder, you know, where it

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<v Speaker 1>all went at the end of the month, like where

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<v Speaker 1>did all my money go? Right, So then we learn

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<v Speaker 1>how to budget our money. But time is sort of

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<v Speaker 1>the same way. We look back and go where did

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<v Speaker 1>all our time go? But most people don't think about

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<v Speaker 1>budgeting their time, and so just like money, we don't

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<v Speaker 1>want to figure it out like where it went afterwards.

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<v Speaker 1>We want to plan in advance where that money will go.

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<v Speaker 1>And with our time, it should be the same way,

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<v Speaker 1>we plan in advance where time will go. Now, we

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<v Speaker 1>also want to respect our time. We don't just plan sloppily.

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<v Speaker 1>We don't just say, hey, I need an hour for

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<v Speaker 1>this meeting or whatever, like maybe it's only fifteen minutes,

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<v Speaker 1>maybe it's only ten minutes. I mean, if I'm going

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<v Speaker 1>to meet with somebody else, maybe I only need ten

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<v Speaker 1>minutes to meet with them. Do I really need an

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<v Speaker 1>hour or I need to block that out. I need

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<v Speaker 1>to respect my time. I also need to respect their time.

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<v Speaker 1>I don't want to take up or waste their time,

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<v Speaker 1>and in return, the respect my time as well. So

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<v Speaker 1>an action step that you can take is to measure

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<v Speaker 1>and budget where your time goes. Now. One thing that

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<v Speaker 1>I do regularly multiple times a year is something called

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<v Speaker 1>a time audit. So the first thing I want to

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<v Speaker 1>do is figure out where is my time even going.

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<v Speaker 1>So then I can track it for typically two weeks,

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<v Speaker 1>where all my time is going, and then I can

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<v Speaker 1>take a look back at it and go, hmmm, I

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<v Speaker 1>should probably spend more time here, less time there. So

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<v Speaker 1>when I budget out and I set new time blocks

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<v Speaker 1>on my calendar to make sure I'm completing those tasks

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<v Speaker 1>and spending the right amount of time in each section,

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<v Speaker 1>which brings us to habit number seven. Decision diet. Now

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<v Speaker 1>this is not diet as in food, although it could

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<v Speaker 1>include that, But I think about the decision diet is

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<v Speaker 1>trying to limit the amount of decisions that I have

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<v Speaker 1>to make, because decision fatigue is real. If we can

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<v Speaker 1>simplify our decisions, then we can preserve our energy, and

0:10:14.920 --> 0:10:18.640
<v Speaker 1>more importantly, we can preserve our creativity. So all my

0:10:18.760 --> 0:10:22.040
<v Speaker 1>creativity goes into the morning when my mind is fresh,

0:10:22.200 --> 0:10:24.920
<v Speaker 1>and I put all the decisions like management and calls

0:10:24.960 --> 0:10:28.000
<v Speaker 1>and things like that in the afternoon. So, for example,

0:10:28.840 --> 0:10:30.559
<v Speaker 1>why do you think you see me wearing a black

0:10:30.600 --> 0:10:32.960
<v Speaker 1>shirt every single day, Because that's one of the first

0:10:32.960 --> 0:10:35.080
<v Speaker 1>decisions I make in the day. I don't want to

0:10:35.080 --> 0:10:37.240
<v Speaker 1>make that decision, so I just wear the same thing

0:10:37.400 --> 0:10:39.800
<v Speaker 1>at lunch. I don't think about what I'm gonna eat

0:10:39.800 --> 0:10:42.920
<v Speaker 1>for lunch. I just eat the same thing every day. Now,

0:10:42.920 --> 0:10:45.400
<v Speaker 1>the reason why is because fewer decisions mean I have

0:10:45.520 --> 0:10:49.000
<v Speaker 1>more mental bandwidth to do higher value things. So an

0:10:49.000 --> 0:10:51.719
<v Speaker 1>action step that you can easily do is just think

0:10:51.720 --> 0:10:53.960
<v Speaker 1>about things that you do on a regular basis, like

0:10:54.160 --> 0:10:57.160
<v Speaker 1>getting dressed or eating lunch. What do you wear every day?

0:10:57.480 --> 0:10:59.360
<v Speaker 1>What do you have for lunch every day? How could

0:10:59.440 --> 0:11:01.880
<v Speaker 1>you audit made those things so you don't have to

0:11:01.920 --> 0:11:03.679
<v Speaker 1>think about them, putt any time, effort, in energy in

0:11:04.000 --> 0:11:06.280
<v Speaker 1>or decisions into them. What about getting your haircut once

0:11:06.280 --> 0:11:08.559
<v Speaker 1>a month? Should you just schedule that on autopilot? Right?

0:11:08.880 --> 0:11:11.439
<v Speaker 1>What are those things that you can automate and take

0:11:11.440 --> 0:11:13.760
<v Speaker 1>the decisions out now? Just make it in standing appointment

0:11:13.760 --> 0:11:16.280
<v Speaker 1>every single month. What are the things that I can automate?

0:11:16.480 --> 0:11:17.800
<v Speaker 1>What are the things I can get rid of? What

0:11:17.840 --> 0:11:20.760
<v Speaker 1>are decisions so I could use my cognitive ability for

0:11:20.880 --> 0:11:24.360
<v Speaker 1>higher value things which brings us to habit Number eight

0:11:24.800 --> 0:11:27.400
<v Speaker 1>curate to elevate. Now, a lot of us watch the news.

0:11:27.440 --> 0:11:29.160
<v Speaker 1>I mean you should. We should be paying attention to

0:11:29.160 --> 0:11:30.920
<v Speaker 1>what's going on in the world. We should be looking

0:11:30.920 --> 0:11:32.640
<v Speaker 1>at the way things are evolving around you know, in

0:11:32.679 --> 0:11:35.840
<v Speaker 1>our business, our profession, and you know, for me specifically,

0:11:35.840 --> 0:11:37.480
<v Speaker 1>I have to study the markets, have to study the

0:11:37.480 --> 0:11:40.360
<v Speaker 1>macro environments all the time. I have to study marketing.

0:11:40.360 --> 0:11:42.520
<v Speaker 1>I have to study content creation, I have to study

0:11:42.559 --> 0:11:45.160
<v Speaker 1>technology coming out. So how do I stay on top

0:11:45.200 --> 0:11:48.160
<v Speaker 1>of that? Well, instead of just curating my news, I

0:11:48.200 --> 0:11:51.200
<v Speaker 1>also curate my learning you see, we have so much

0:11:51.280 --> 0:11:53.520
<v Speaker 1>news that we can go through and we can read

0:11:53.559 --> 0:11:56.040
<v Speaker 1>all the news websites. But I learned early on is

0:11:56.040 --> 0:11:58.200
<v Speaker 1>that other people do that as well. And there's some

0:11:58.240 --> 0:12:01.240
<v Speaker 1>people that write newsletters where they've already taken all the

0:12:01.280 --> 0:12:04.600
<v Speaker 1>news and then they provide analysis to that. So there's

0:12:04.640 --> 0:12:07.120
<v Speaker 1>a handful of email newsletters that I subscribe to, and

0:12:07.200 --> 0:12:09.960
<v Speaker 1>they tell me what the macro markets are doing every day,

0:12:10.200 --> 0:12:12.480
<v Speaker 1>they tell me what the tech markets are doing every day.

0:12:12.600 --> 0:12:15.000
<v Speaker 1>They tell me what the greatest AI tools that are

0:12:15.000 --> 0:12:18.000
<v Speaker 1>coming out every single day. And so these guys, they're

0:12:18.040 --> 0:12:20.800
<v Speaker 1>already going through all the information and then they curate

0:12:20.840 --> 0:12:22.400
<v Speaker 1>the very best of it and they give me the

0:12:22.480 --> 0:12:25.000
<v Speaker 1>analysis on them. And so by following just a hand

0:12:25.120 --> 0:12:28.880
<v Speaker 1>pick selection a curated list of newsletters and feeds and

0:12:28.960 --> 0:12:31.480
<v Speaker 1>YouTube channels, then I get not just the news, but

0:12:31.520 --> 0:12:33.640
<v Speaker 1>I get it analyzed, I get it curated, and I

0:12:33.679 --> 0:12:36.440
<v Speaker 1>get it brought right to me, so I get quality

0:12:36.440 --> 0:12:39.559
<v Speaker 1>inputs and I get quality outputs. And so you can

0:12:39.559 --> 0:12:43.000
<v Speaker 1>do this very easily, just cure your news feed intentionally.

0:12:43.040 --> 0:12:45.480
<v Speaker 1>So for example, on Twitter, what you could do is

0:12:45.480 --> 0:12:47.360
<v Speaker 1>if you wanted to follow a bunch of people, I

0:12:47.360 --> 0:12:49.160
<v Speaker 1>guess that's fine, But what you could do is make

0:12:49.200 --> 0:12:51.560
<v Speaker 1>a list of people that you need to follow for

0:12:51.640 --> 0:12:54.400
<v Speaker 1>certain things. So, for example, on my x profile, I

0:12:54.440 --> 0:12:56.840
<v Speaker 1>have several lists. I have a macro list, I have

0:12:56.880 --> 0:12:59.560
<v Speaker 1>a Bitcoin list, I have my AI coding list, I

0:12:59.559 --> 0:13:01.719
<v Speaker 1>have my a I prompt list, and then I can

0:13:01.760 --> 0:13:04.440
<v Speaker 1>just look at those people that provide the signal on

0:13:04.520 --> 0:13:06.760
<v Speaker 1>those things. Now, the rest of my social media like

0:13:06.800 --> 0:13:09.760
<v Speaker 1>Instagram or whatever, I don't even have any friends on there.

0:13:10.080 --> 0:13:13.520
<v Speaker 1>I just follow people in the industry. It's where I

0:13:13.679 --> 0:13:16.560
<v Speaker 1>curate the news, so I'm not wasting time. It's all

0:13:16.640 --> 0:13:19.839
<v Speaker 1>learning for me, which brings us to habit number nine.

0:13:20.280 --> 0:13:25.000
<v Speaker 1>The idea factory, and the idea factory produces well ideas. Now,

0:13:25.000 --> 0:13:27.680
<v Speaker 1>what I've learned is that creativity is like a muscle,

0:13:27.960 --> 0:13:31.000
<v Speaker 1>and that muscle, that creativity, it can be built up.

0:13:31.160 --> 0:13:34.439
<v Speaker 1>So for example, right now, I run multiple eight figure businesses.

0:13:34.679 --> 0:13:36.959
<v Speaker 1>On top of that, I'm an advisor or a chief

0:13:37.080 --> 0:13:40.920
<v Speaker 1>visionary officer to four different companies that total over half

0:13:40.960 --> 0:13:43.280
<v Speaker 1>a billion dollars. Now, these people have brought me on

0:13:43.600 --> 0:13:46.360
<v Speaker 1>because of my creativity, my ability to see things, to

0:13:46.360 --> 0:13:49.440
<v Speaker 1>see patterns, to connect dots that most people just don't see.

0:13:49.640 --> 0:13:52.240
<v Speaker 1>But I wasn't always this way. I did it intentionally.

0:13:52.559 --> 0:13:54.760
<v Speaker 1>It was about fifteen years ago again in my personal

0:13:54.800 --> 0:13:57.480
<v Speaker 1>development quest. I was listening to a program I had

0:13:57.520 --> 0:14:00.600
<v Speaker 1>purchased from Brian Tracy, and he talked about building the

0:14:00.679 --> 0:14:04.199
<v Speaker 1>idea factory, and he talked about building the creative muscle,

0:14:04.480 --> 0:14:06.480
<v Speaker 1>and he said that every day I should get out

0:14:06.480 --> 0:14:08.760
<v Speaker 1>a piece of paper in the morning and write down

0:14:08.800 --> 0:14:11.880
<v Speaker 1>ten ideas. So I thought, okay, let me try that now.

0:14:11.920 --> 0:14:15.319
<v Speaker 1>In the beginning, the ideas were terrible. I didn't even

0:14:15.320 --> 0:14:17.400
<v Speaker 1>know what to write down. It was just gibberish. But

0:14:17.520 --> 0:14:20.200
<v Speaker 1>over time it got better and better and better, and

0:14:20.240 --> 0:14:24.320
<v Speaker 1>today I see ideas everywhere. My idea factory is running

0:14:24.560 --> 0:14:27.600
<v Speaker 1>full steam. But again it wasn't because I was born

0:14:27.640 --> 0:14:31.359
<v Speaker 1>this way. It was because I built the idea factory intentionally.

0:14:31.680 --> 0:14:34.280
<v Speaker 1>So the action step for you to do is what

0:14:34.320 --> 0:14:36.560
<v Speaker 1>I did. Get out a piece of paper every morning,

0:14:36.920 --> 0:14:41.320
<v Speaker 1>write down five ideas. Start with five, right, Write five

0:14:41.400 --> 0:14:44.680
<v Speaker 1>ideas every morning, and just know they're going to be bad.

0:14:44.680 --> 0:14:46.640
<v Speaker 1>In the beginning, you're not going to know what to write,

0:14:46.640 --> 0:14:50.120
<v Speaker 1>but continue down that path. Now today I can't turn

0:14:50.160 --> 0:14:53.440
<v Speaker 1>it off. I just get new ideas coming at me NonStop,

0:14:53.520 --> 0:14:56.200
<v Speaker 1>never ending. So I built the habit. I built the

0:14:56.240 --> 0:14:59.400
<v Speaker 1>idea factory, which brings us to the next habit happen.

0:14:59.480 --> 0:15:02.640
<v Speaker 1>Number ten, just in time learning. You see, we've been

0:15:02.680 --> 0:15:05.920
<v Speaker 1>taught that, especially in the information age, that knowledge is power,

0:15:05.960 --> 0:15:08.960
<v Speaker 1>but that couldn't be further from the truth. Only knowledge

0:15:08.960 --> 0:15:11.760
<v Speaker 1>apply this power. And so what we want is to

0:15:11.880 --> 0:15:15.360
<v Speaker 1>learn on demand or learn exactly what we need to

0:15:15.480 --> 0:15:18.160
<v Speaker 1>solve the problem right in front of us, what I

0:15:18.240 --> 0:15:21.440
<v Speaker 1>call just in time. You see, there's three levels to

0:15:21.560 --> 0:15:24.520
<v Speaker 1>learning and understanding something. The first level is of course,

0:15:24.640 --> 0:15:28.120
<v Speaker 1>reading the information, receiving the information. The second level is

0:15:28.120 --> 0:15:30.920
<v Speaker 1>then we need to apply the information, and then the

0:15:30.960 --> 0:15:33.760
<v Speaker 1>third level, well understanding, is to teach the information. Now,

0:15:33.760 --> 0:15:35.520
<v Speaker 1>what we want to do is we want to read it,

0:15:35.800 --> 0:15:38.120
<v Speaker 1>learn it, and then we want to apply it right away,

0:15:38.320 --> 0:15:41.000
<v Speaker 1>which means we should only be reading, we should only

0:15:41.080 --> 0:15:43.640
<v Speaker 1>be learning things that we need right now. So if

0:15:43.680 --> 0:15:46.600
<v Speaker 1>you look through my book library, hundreds and hundreds of books,

0:15:46.920 --> 0:15:50.440
<v Speaker 1>they're super diverse. I have books on human resources or hiring.

0:15:50.520 --> 0:15:53.480
<v Speaker 1>I have books on marketing, I have history books like

0:15:53.560 --> 0:15:55.840
<v Speaker 1>you know, all these different things, right, And the reason

0:15:55.840 --> 0:15:58.840
<v Speaker 1>why is because when I'm hiring people I'm reading books

0:15:58.840 --> 0:16:01.960
<v Speaker 1>on hiring or human resoce and recruiting. And when I'm

0:16:02.000 --> 0:16:05.360
<v Speaker 1>scaling my business, I'm reading books on scaling businesses. And

0:16:05.360 --> 0:16:07.960
<v Speaker 1>when I'm building new marketing promos, then I'm reading books

0:16:07.960 --> 0:16:11.560
<v Speaker 1>on marketing. Right I learn exactly what I need for

0:16:11.720 --> 0:16:14.680
<v Speaker 1>the problem in hand, just in time now, at the

0:16:14.720 --> 0:16:18.080
<v Speaker 1>time I need the information, I read it, I apply it,

0:16:18.120 --> 0:16:20.560
<v Speaker 1>and because of that, I learn it faster. But it

0:16:20.560 --> 0:16:23.600
<v Speaker 1>also saves me all the time of reading and watching

0:16:23.680 --> 0:16:25.760
<v Speaker 1>and learning a bunch of things that I don't need

0:16:25.840 --> 0:16:28.920
<v Speaker 1>right now. So the action step to take is what

0:16:29.000 --> 0:16:31.280
<v Speaker 1>is the thing that you need to know right now

0:16:31.280 --> 0:16:33.920
<v Speaker 1>to move your biggest domino, the biggest thing you need

0:16:33.960 --> 0:16:37.520
<v Speaker 1>to move forward in your life right now? Then ignore

0:16:37.560 --> 0:16:42.040
<v Speaker 1>everything else. Go get that information, receive it, apply the

0:16:42.080 --> 0:16:44.520
<v Speaker 1>information right now to solve your problem immediately to see

0:16:44.520 --> 0:16:47.480
<v Speaker 1>your growth blow up. A small business owner, are you

0:16:47.640 --> 0:16:50.280
<v Speaker 1>buried in all types of work keeping you from the

0:16:50.360 --> 0:16:52.920
<v Speaker 1>real thing that makes you money? Well that's where just

0:16:53.000 --> 0:16:55.040
<v Speaker 1>Works comes in. They're the all in one platform that

0:16:55.040 --> 0:16:58.440
<v Speaker 1>supports small business growth. You can get all their tools

0:16:58.440 --> 0:17:01.080
<v Speaker 1>that help with benefits like pay ye, role and HR

0:17:01.160 --> 0:17:05.200
<v Speaker 1>and compliance with transparent pricing. Now They help you hire

0:17:05.240 --> 0:17:09.959
<v Speaker 1>top talent internationally, internew markets, quickly scale international operations without

0:17:09.960 --> 0:17:13.000
<v Speaker 1>the workload, and for every how do I do it? Question,

0:17:13.200 --> 0:17:15.560
<v Speaker 1>you can reach out to their expert staff from soul

0:17:15.640 --> 0:17:19.480
<v Speaker 1>proprietor or a team of twenty. Just Works empowers all

0:17:19.600 --> 0:17:23.359
<v Speaker 1>kinds of small businesses with real human support. So visit

0:17:23.520 --> 0:17:27.080
<v Speaker 1>justworks dot com slash podcast to join the thousands of

0:17:27.119 --> 0:17:31.040
<v Speaker 1>small businesses that trust just Works to take care of payroll, benefits,

0:17:31.200 --> 0:17:36.000
<v Speaker 1>compliance and more. Again, that's Justworks dot Com slash Podcasts.

0:17:37.080 --> 0:17:40.480
<v Speaker 1>Habit number eleven. The growth budget. Now, this is the

0:17:40.480 --> 0:17:43.320
<v Speaker 1>next piece. So we're obviously we want to be growing, right,

0:17:43.440 --> 0:17:45.720
<v Speaker 1>but we also want to be growing as fast as

0:17:45.760 --> 0:17:47.800
<v Speaker 1>we can do. You want to grow a little bit

0:17:47.800 --> 0:17:49.280
<v Speaker 1>in a year or a little bit in a week,

0:17:49.600 --> 0:17:51.840
<v Speaker 1>which is what these habits actually bring to us. And

0:17:51.920 --> 0:17:55.280
<v Speaker 1>to speed this process up, we need to be investing

0:17:55.480 --> 0:17:57.600
<v Speaker 1>in ourselves. Now. If I've been watching my content for

0:17:57.640 --> 0:18:00.159
<v Speaker 1>some time, you've probably heard me tell the story of

0:18:00.160 --> 0:18:02.240
<v Speaker 1>how in two thousand and eight, during the Great Financial Crash,

0:18:02.280 --> 0:18:04.959
<v Speaker 1>I got wiped out. I was completely caught off sides.

0:18:05.160 --> 0:18:06.960
<v Speaker 1>I had built up a couple of businesses and sold

0:18:06.960 --> 0:18:09.240
<v Speaker 1>them off some big exits. I did amazing in business,

0:18:09.440 --> 0:18:12.600
<v Speaker 1>but I wasn't paying attention to the global financial market

0:18:12.760 --> 0:18:14.920
<v Speaker 1>and it got me. So I had to go figure

0:18:14.920 --> 0:18:17.960
<v Speaker 1>that out. That was the information, the just in time

0:18:18.000 --> 0:18:20.399
<v Speaker 1>information that I needed right then. So what do I

0:18:20.440 --> 0:18:24.440
<v Speaker 1>do well? I invested into investment newsletters, I invested into

0:18:24.720 --> 0:18:27.720
<v Speaker 1>coaching offers, and I spent years spending lots of money,

0:18:27.760 --> 0:18:31.040
<v Speaker 1>tens of thousands, hundreds of thousands of dollars on these newsletters,

0:18:31.560 --> 0:18:34.240
<v Speaker 1>on these coaching programs. But they enabled me to get

0:18:34.240 --> 0:18:36.879
<v Speaker 1>the knowledge and the information that I have today, and

0:18:36.960 --> 0:18:39.800
<v Speaker 1>so I believe it's been proven for me the highest

0:18:39.800 --> 0:18:44.359
<v Speaker 1>return on your investment comes from your own personal growth. Now,

0:18:44.520 --> 0:18:46.879
<v Speaker 1>the markets come and go, they crash, they boom, My

0:18:46.920 --> 0:18:50.239
<v Speaker 1>businesses could crash. But the knowledge that I have of

0:18:50.240 --> 0:18:53.120
<v Speaker 1>how the markets work, how business works, it can never

0:18:53.160 --> 0:18:55.120
<v Speaker 1>be taken from me, and so I can just go

0:18:55.440 --> 0:18:58.000
<v Speaker 1>use it again and again, which is the highest return

0:18:58.080 --> 0:19:00.480
<v Speaker 1>we can ever have. So an action step you is

0:19:00.560 --> 0:19:05.600
<v Speaker 1>literally budget some money for learning and maybe for masterminds.

0:19:05.720 --> 0:19:08.040
<v Speaker 1>Put some away, just like you'd put away for a

0:19:08.080 --> 0:19:10.400
<v Speaker 1>new car, you'd put away for a new house, you'd

0:19:10.400 --> 0:19:12.880
<v Speaker 1>put away for a vacation or whatever. Start budgeting money

0:19:12.880 --> 0:19:16.040
<v Speaker 1>to go into a conference to learn something, a course,

0:19:16.080 --> 0:19:18.560
<v Speaker 1>a program that you can buy, a mastermind that you

0:19:18.560 --> 0:19:21.040
<v Speaker 1>can attend. Now I typically go to one to two

0:19:21.080 --> 0:19:23.720
<v Speaker 1>masterminds every single year. They typically cost like twenty five

0:19:23.760 --> 0:19:27.200
<v Speaker 1>thousand to fifty thousand dollars because they continue to pay

0:19:27.480 --> 0:19:30.000
<v Speaker 1>those types of dividends for me, which brings us to

0:19:30.040 --> 0:19:33.679
<v Speaker 1>the next habit, Habit number twelve. Autopilot your wealth. And

0:19:33.720 --> 0:19:35.600
<v Speaker 1>what we want to do here is we want to

0:19:35.800 --> 0:19:38.639
<v Speaker 1>automate our savings and really we want to think about

0:19:38.680 --> 0:19:41.920
<v Speaker 1>paying ourselves first. So all of this, all these habits

0:19:42.160 --> 0:19:44.280
<v Speaker 1>are about getting the life that I want. Of course,

0:19:44.560 --> 0:19:47.720
<v Speaker 1>first I have to determine what that is that I want.

0:19:48.080 --> 0:19:50.919
<v Speaker 1>So once I know what those things are, then I

0:19:50.960 --> 0:19:53.960
<v Speaker 1>want to automate it. I want to guarantee my success,

0:19:54.280 --> 0:19:56.600
<v Speaker 1>and so I do that thing with my wealth. I

0:19:56.640 --> 0:19:59.359
<v Speaker 1>automate my savings. So for example, if I want to

0:19:59.359 --> 0:20:02.679
<v Speaker 1>save money for vacation or for a car for my education,

0:20:02.760 --> 0:20:05.040
<v Speaker 1>for example, well I would decide how much I need,

0:20:05.680 --> 0:20:08.320
<v Speaker 1>when do I need it buy, what percentage of my

0:20:08.440 --> 0:20:11.240
<v Speaker 1>income should I put aside to achieve that goal, and

0:20:11.359 --> 0:20:13.800
<v Speaker 1>over what period of time? And then once I've figured

0:20:13.840 --> 0:20:16.000
<v Speaker 1>all that out, spent the time and energy doing that.

0:20:16.119 --> 0:20:18.920
<v Speaker 1>Then I automated so I never have to think through

0:20:19.040 --> 0:20:21.680
<v Speaker 1>all of that ever again. So I spend the time upfront,

0:20:22.200 --> 0:20:24.439
<v Speaker 1>I think through it, and then I automate it. So

0:20:24.520 --> 0:20:26.720
<v Speaker 1>easy ways that you can do this are one, you

0:20:26.720 --> 0:20:28.760
<v Speaker 1>could just go to your bank. You can open up

0:20:28.800 --> 0:20:30.800
<v Speaker 1>as many bank accounts as you want, and then you know,

0:20:30.840 --> 0:20:32.520
<v Speaker 1>let's let you do that, and then you can set

0:20:32.600 --> 0:20:35.520
<v Speaker 1>up automatic transfers from bank account to bank account. So

0:20:35.560 --> 0:20:37.840
<v Speaker 1>what I suggest is you want to have all your

0:20:37.840 --> 0:20:41.000
<v Speaker 1>money go into one account, but you don't spend from

0:20:41.000 --> 0:20:45.000
<v Speaker 1>that account. The money then distributes out to other accounts

0:20:45.119 --> 0:20:47.640
<v Speaker 1>that spend. So this one, you know, pays the car,

0:20:47.880 --> 0:20:50.520
<v Speaker 1>this one pays my loans, this one pays the bills

0:20:50.800 --> 0:20:52.680
<v Speaker 1>or whatever it is. And you want to set that

0:20:52.760 --> 0:20:55.280
<v Speaker 1>up automatically so you don't have to do this manually.

0:20:55.480 --> 0:20:58.040
<v Speaker 1>And you could do it manually, but it defeats the

0:20:58.080 --> 0:21:00.800
<v Speaker 1>whole purpose. Now there's a tool that I've checking out recently.

0:21:00.880 --> 0:21:03.560
<v Speaker 1>It's called get sequence, and you can build this all

0:21:03.560 --> 0:21:06.440
<v Speaker 1>out automated, in like an automated workflow. It's pretty cool.

0:21:06.600 --> 0:21:09.320
<v Speaker 1>But however you do it, make sure to automate these

0:21:09.320 --> 0:21:12.480
<v Speaker 1>things and automate your wealth, which brings us to have

0:21:12.600 --> 0:21:16.120
<v Speaker 1>at number twelve weekly health pulse. Now, some people will

0:21:16.119 --> 0:21:18.160
<v Speaker 1>tell you that you should look at your money every

0:21:18.160 --> 0:21:20.520
<v Speaker 1>single day, and there's certainly nothing wrong with that, and

0:21:20.560 --> 0:21:22.320
<v Speaker 1>maybe you should in the beginning, but I like to

0:21:22.320 --> 0:21:25.000
<v Speaker 1>look at it more in depth every single week. It's

0:21:25.040 --> 0:21:27.359
<v Speaker 1>like you know, stepping on the scale once a week

0:21:27.400 --> 0:21:29.600
<v Speaker 1>to see how much weight you're gaining or losing, or

0:21:29.680 --> 0:21:32.040
<v Speaker 1>checking your vital signs. And I want to understand my

0:21:32.200 --> 0:21:36.400
<v Speaker 1>overall wealth in my business and for myself personally. Now,

0:21:36.400 --> 0:21:39.000
<v Speaker 1>there's three things that you should be looking at every

0:21:39.040 --> 0:21:42.280
<v Speaker 1>single week, at least every single month. Now. The first

0:21:42.359 --> 0:21:44.879
<v Speaker 1>is the profit and loss. How much money did I

0:21:44.920 --> 0:21:47.800
<v Speaker 1>bring in and how much money did I spend. I

0:21:47.800 --> 0:21:49.760
<v Speaker 1>don't care if it's a business, I don't care if

0:21:49.800 --> 0:21:51.560
<v Speaker 1>you're a W two. You should be looking at this.

0:21:51.680 --> 0:21:54.240
<v Speaker 1>For yourself, we want to be looking at that every

0:21:54.280 --> 0:21:57.399
<v Speaker 1>single week. Then I want to understand my statement of

0:21:57.440 --> 0:22:00.399
<v Speaker 1>cash flows, like where did my money actually go? And

0:22:00.440 --> 0:22:03.760
<v Speaker 1>then ultimately number three. Most people do not do this,

0:22:04.119 --> 0:22:06.840
<v Speaker 1>but you should. I want to look at the balance sheet.

0:22:07.040 --> 0:22:09.360
<v Speaker 1>The balance sheet is what I like to call my scorecard.

0:22:09.520 --> 0:22:13.240
<v Speaker 1>This is where all my assets are listed minus all

0:22:13.240 --> 0:22:16.359
<v Speaker 1>my liabilities, and then what's the balance of that. Like

0:22:16.400 --> 0:22:18.879
<v Speaker 1>I said, that's the scorecard. Because the goal in the

0:22:18.880 --> 0:22:21.800
<v Speaker 1>game of building wealth is to take earned income and

0:22:21.840 --> 0:22:24.840
<v Speaker 1>turn it into assets, and this tells us how well

0:22:24.880 --> 0:22:27.800
<v Speaker 1>we're doing in that game, and we can monitor that

0:22:27.840 --> 0:22:30.159
<v Speaker 1>on a regular basis. So the action step for this

0:22:30.320 --> 0:22:33.240
<v Speaker 1>is to figure out when every week you can do this. Again,

0:22:33.280 --> 0:22:35.040
<v Speaker 1>I do it every week. I do it on Fridays.

0:22:35.240 --> 0:22:37.399
<v Speaker 1>Maybe for you it's on a Sunday, but then you

0:22:37.480 --> 0:22:40.320
<v Speaker 1>put it on your calendar. Then you get all three

0:22:40.320 --> 0:22:42.280
<v Speaker 1>of these reports. If you don't have them, you need

0:22:42.320 --> 0:22:43.679
<v Speaker 1>to figure out how to get them so you can

0:22:43.720 --> 0:22:47.040
<v Speaker 1>review them every single week. Now this brings us to

0:22:47.160 --> 0:22:51.480
<v Speaker 1>habit number fourteen income insurance, because now that we're looking

0:22:51.480 --> 0:22:55.080
<v Speaker 1>at our profits, how many streams of profits or income

0:22:55.080 --> 0:22:58.000
<v Speaker 1>do we have? And if it's just one, then we

0:22:58.080 --> 0:23:00.840
<v Speaker 1>need to be thinking about how we can diversify that income.

0:23:01.000 --> 0:23:03.680
<v Speaker 1>You've heard many times that the wealthy have multiple streams

0:23:03.720 --> 0:23:06.840
<v Speaker 1>of income, but I think most people get that wrong

0:23:06.880 --> 0:23:08.760
<v Speaker 1>when they think about it. You see, what we want

0:23:08.920 --> 0:23:12.200
<v Speaker 1>is we want to diversify our income sources. So we're

0:23:12.240 --> 0:23:15.000
<v Speaker 1>not beholding to just one income stream. But like I said,

0:23:15.119 --> 0:23:17.720
<v Speaker 1>it's not how most people think about it. Now. I

0:23:17.720 --> 0:23:19.760
<v Speaker 1>had to learn this lesson the hard way. What happened

0:23:19.760 --> 0:23:21.440
<v Speaker 1>to me back in two thousand and eighties, as I

0:23:21.520 --> 0:23:24.439
<v Speaker 1>told you earlier, is that I had multiple businesses and

0:23:24.480 --> 0:23:26.600
<v Speaker 1>I had two big exits. I sold them off and

0:23:26.640 --> 0:23:28.879
<v Speaker 1>I sold all that and I put it into investments.

0:23:29.240 --> 0:23:31.639
<v Speaker 1>And when the market's crashed, I found myself owing a

0:23:31.640 --> 0:23:34.080
<v Speaker 1>lot of money, but I had no income. I had

0:23:34.119 --> 0:23:36.840
<v Speaker 1>sold my income streams. So whether you sell your income

0:23:36.880 --> 0:23:39.240
<v Speaker 1>streams or you only have one income stream and you

0:23:39.320 --> 0:23:42.080
<v Speaker 1>lose it, the risk is still the same. So if

0:23:42.119 --> 0:23:44.600
<v Speaker 1>I have a business, I don't want all my business

0:23:44.600 --> 0:23:47.240
<v Speaker 1>to be coming from just one customer. I want to

0:23:47.280 --> 0:23:50.040
<v Speaker 1>have multiple customers. As a matter of fact, if you

0:23:50.080 --> 0:23:52.360
<v Speaker 1>want to sell your business and you only had one customer,

0:23:52.560 --> 0:23:54.960
<v Speaker 1>your business isn't worth a lot of money because it's

0:23:54.960 --> 0:23:57.760
<v Speaker 1>so risky. So you want to diversify the income streams

0:23:57.800 --> 0:24:02.399
<v Speaker 1>across one multiple customers, two maybe across multiple products, so

0:24:02.440 --> 0:24:04.840
<v Speaker 1>you don't have to go start multiple businesses. You see,

0:24:04.840 --> 0:24:06.320
<v Speaker 1>that's where most people get this wrong. They want to

0:24:06.320 --> 0:24:09.440
<v Speaker 1>start all these businesses here's focus on your core competency,

0:24:09.440 --> 0:24:12.720
<v Speaker 1>but have multiple customers, have multiple products. Now let's say

0:24:12.720 --> 0:24:15.640
<v Speaker 1>that you're an employee. Well, it's the same thing. Your

0:24:15.680 --> 0:24:18.480
<v Speaker 1>income is then coming from just one source, your job.

0:24:18.680 --> 0:24:21.240
<v Speaker 1>So for you, you probably should start thinking about some

0:24:21.359 --> 0:24:23.520
<v Speaker 1>side hustle, some contract work that you could do to

0:24:23.560 --> 0:24:27.760
<v Speaker 1>diversify those income streams, at least building up the skills.

0:24:28.200 --> 0:24:30.960
<v Speaker 1>So if you need to do you could go find

0:24:31.119 --> 0:24:33.399
<v Speaker 1>more income at least have the skills to do that.

0:24:33.400 --> 0:24:35.240
<v Speaker 1>The one thing they can't take away. So the action

0:24:35.320 --> 0:24:38.000
<v Speaker 1>step here is to build multiple income streams. Again, if

0:24:38.040 --> 0:24:40.679
<v Speaker 1>you have a business, how can I find more customers?

0:24:40.840 --> 0:24:44.280
<v Speaker 1>How can we launch more products within the existing business?

0:24:44.680 --> 0:24:47.359
<v Speaker 1>Not that I need to go start new businesses that

0:24:47.400 --> 0:24:51.760
<v Speaker 1>makes sense. This brings us to habit fifteen, build or

0:24:51.800 --> 0:24:54.320
<v Speaker 1>be built. If you follow me on social media, you

0:24:54.320 --> 0:24:56.399
<v Speaker 1>see the posting about this probably all the time, and

0:24:56.400 --> 0:24:59.920
<v Speaker 1>it basically means that we should engineer our ideal life.

0:25:00.080 --> 0:25:02.239
<v Speaker 1>So for me, I want to think about what is

0:25:02.320 --> 0:25:05.600
<v Speaker 1>my ideal life? So for example, I was coaching one

0:25:05.600 --> 0:25:09.000
<v Speaker 1>of my high end members and he was very well off,

0:25:09.320 --> 0:25:11.159
<v Speaker 1>and he came up in front of the crowd. You know,

0:25:11.200 --> 0:25:12.560
<v Speaker 1>I was talking to him in the hot seat and

0:25:12.560 --> 0:25:14.560
<v Speaker 1>he said, you know, Mark, the problem is I feel

0:25:14.600 --> 0:25:16.600
<v Speaker 1>like I'm just not spending enough time with my wife.

0:25:16.640 --> 0:25:19.080
<v Speaker 1>I think I'm working way too much. I don't spend

0:25:19.160 --> 0:25:21.720
<v Speaker 1>enough time with her. And I said, great, it's a

0:25:21.760 --> 0:25:24.280
<v Speaker 1>good problem. So how much time should you spend with

0:25:24.359 --> 0:25:26.639
<v Speaker 1>your wife? But of course he didn't know the answer

0:25:26.640 --> 0:25:29.400
<v Speaker 1>to that. So the question is how much time should

0:25:29.440 --> 0:25:31.160
<v Speaker 1>you spend with your wife if you want to have

0:25:31.440 --> 0:25:33.240
<v Speaker 1>a good relationship, or how much time with your kids?

0:25:33.400 --> 0:25:36.080
<v Speaker 1>Or what do you do with your health to look

0:25:36.119 --> 0:25:37.359
<v Speaker 1>you know, what do you want your health to look like?

0:25:37.520 --> 0:25:39.720
<v Speaker 1>Or what do you do with your day to day life?

0:25:39.760 --> 0:25:41.680
<v Speaker 1>What do you want that to look like? You see,

0:25:41.760 --> 0:25:43.960
<v Speaker 1>what we want to do is design what our ideal

0:25:44.000 --> 0:25:46.800
<v Speaker 1>life is. And if we can define it, then we

0:25:46.840 --> 0:25:50.719
<v Speaker 1>can engineer it our business, our relationships, our legacy. But

0:25:51.200 --> 0:25:53.800
<v Speaker 1>we have to have that clear vision first and we

0:25:53.960 --> 0:25:56.679
<v Speaker 1>have to have our aim. And then once we have

0:25:56.720 --> 0:25:59.159
<v Speaker 1>our aim, our path becomes clear. So the action step

0:25:59.600 --> 0:26:01.760
<v Speaker 1>to take is to spend a little bit of time

0:26:01.880 --> 0:26:04.760
<v Speaker 1>or maybe a lot of time thinking about this. Now.

0:26:05.200 --> 0:26:07.160
<v Speaker 1>The way that I would do this is I future

0:26:07.200 --> 0:26:09.199
<v Speaker 1>pace it, so I think of myself in the future,

0:26:09.440 --> 0:26:12.879
<v Speaker 1>some time in the future, and think about yourself and

0:26:12.960 --> 0:26:16.360
<v Speaker 1>imagine what your ideal day would look like. Not your

0:26:16.680 --> 0:26:19.320
<v Speaker 1>single dream day, right, but just like your average day

0:26:19.440 --> 0:26:22.320
<v Speaker 1>in the future. You want a billion dollars, what would

0:26:22.320 --> 0:26:25.440
<v Speaker 1>you do? You know, you know billionaires still work, right,

0:26:25.840 --> 0:26:28.040
<v Speaker 1>It's because they found things they like to do. So

0:26:28.080 --> 0:26:30.159
<v Speaker 1>what would those things be for you? What would you

0:26:30.200 --> 0:26:33.480
<v Speaker 1>wake up? Would you have a spouse, would you be married,

0:26:33.800 --> 0:26:36.000
<v Speaker 1>Would you be in a different country. Would you be

0:26:36.000 --> 0:26:37.840
<v Speaker 1>on a beach, would you be in the mountains? What

0:26:37.840 --> 0:26:40.239
<v Speaker 1>would your day be like? Would you be filled with

0:26:40.320 --> 0:26:42.360
<v Speaker 1>just leisure and lay down all day for eighteen hours

0:26:42.359 --> 0:26:45.040
<v Speaker 1>a day, or would you like work on things that

0:26:45.080 --> 0:26:48.800
<v Speaker 1>bring you energy? Would you be using creativity at night?

0:26:48.840 --> 0:26:50.840
<v Speaker 1>Would you be with family or friends? Would you be

0:26:51.400 --> 0:26:54.560
<v Speaker 1>doing dinners? What would you be doing? What would that

0:26:54.840 --> 0:26:57.320
<v Speaker 1>look like? See? Once you figure out what you want

0:26:57.359 --> 0:27:00.920
<v Speaker 1>your lifestyle to look like, then you can work backwards

0:27:00.960 --> 0:27:03.400
<v Speaker 1>from there. So the action step here is to think

0:27:03.440 --> 0:27:06.720
<v Speaker 1>through that, write that down, summarize it into a single

0:27:06.760 --> 0:27:09.919
<v Speaker 1>statement about yourself. And I'd recommend them to write it

0:27:09.960 --> 0:27:11.680
<v Speaker 1>down and probably print it out and put it on

0:27:11.720 --> 0:27:13.800
<v Speaker 1>your workspace or something like that, so you can see

0:27:13.800 --> 0:27:16.760
<v Speaker 1>it every single day, and then your mind can start

0:27:16.800 --> 0:27:20.800
<v Speaker 1>working towards that goal, which brings us to hab A sixteen,

0:27:21.200 --> 0:27:24.000
<v Speaker 1>the legacy lens. If we really want to achieve these things,

0:27:24.000 --> 0:27:26.320
<v Speaker 1>and we really want to have that legacy, then we

0:27:26.359 --> 0:27:30.160
<v Speaker 1>have to reflect daily on what our legacy is building towards.

0:27:30.440 --> 0:27:32.440
<v Speaker 1>So journaling, of course at the end day, is part

0:27:32.440 --> 0:27:34.360
<v Speaker 1>of that. It gets us to sit down and think

0:27:34.400 --> 0:27:37.080
<v Speaker 1>through the lessons that we've learned and how we're tracking,

0:27:37.320 --> 0:27:39.560
<v Speaker 1>how we're pacing to do those things. But of course

0:27:39.800 --> 0:27:42.439
<v Speaker 1>it only works if we know where we're trying to go.

0:27:43.040 --> 0:27:46.679
<v Speaker 1>You see, legacy focus creates what we call purposeful living,

0:27:47.160 --> 0:27:49.119
<v Speaker 1>and that's what most of us actually want, right we

0:27:49.160 --> 0:27:52.240
<v Speaker 1>want a purpose. Society has kind of trained most people

0:27:52.280 --> 0:27:55.000
<v Speaker 1>to think that they should work for forty years save

0:27:55.080 --> 0:27:57.840
<v Speaker 1>for a retirement, so one day you could just like,

0:27:58.000 --> 0:28:00.960
<v Speaker 1>live off your savings and do nothing. What people really want,

0:28:01.160 --> 0:28:04.160
<v Speaker 1>they want a life of purpose, of meaning and challenge.

0:28:04.600 --> 0:28:06.680
<v Speaker 1>And so we do that by journaling, and then by

0:28:06.800 --> 0:28:10.439
<v Speaker 1>reflecting on what we're doing, What are we doing, what

0:28:10.480 --> 0:28:13.800
<v Speaker 1>do we like, what do we hate? What gives us energy,

0:28:14.000 --> 0:28:16.199
<v Speaker 1>what takes our energy? What do we want to do

0:28:16.280 --> 0:28:18.600
<v Speaker 1>more of? What should we do less of? What do

0:28:18.680 --> 0:28:21.639
<v Speaker 1>we absolutely love? What do we absolutely hate? Write all

0:28:21.720 --> 0:28:23.959
<v Speaker 1>those things down, reflect on them, and then think about

0:28:24.240 --> 0:28:27.000
<v Speaker 1>how you can take action to move those things forward,

0:28:27.200 --> 0:28:31.960
<v Speaker 1>which brings us to habit number seventeen, blissfully dissatisfied. Now,

0:28:31.960 --> 0:28:34.359
<v Speaker 1>this came from ed Milette's mindset, and it's sort of

0:28:34.480 --> 0:28:37.760
<v Speaker 1>like ignorance is bliss, But it's more about being able

0:28:37.800 --> 0:28:40.840
<v Speaker 1>to balance being content on one side, but on the

0:28:40.880 --> 0:28:43.720
<v Speaker 1>other side continuing to want more. It's a tough thing

0:28:43.760 --> 0:28:47.480
<v Speaker 1>to balance being happy with where I'm at, being happy

0:28:47.520 --> 0:28:49.360
<v Speaker 1>with the progress that I've made, but at the same

0:28:49.400 --> 0:28:52.600
<v Speaker 1>time pushing to continue to get better. I mean, why

0:28:52.640 --> 0:28:55.840
<v Speaker 1>wouldn't we Once we figured out what our poor values are,

0:28:55.920 --> 0:28:58.080
<v Speaker 1>the goal should just be to continue to get better

0:28:58.400 --> 0:29:01.120
<v Speaker 1>and better at those. Not be a better husband or

0:29:01.160 --> 0:29:03.200
<v Speaker 1>a better wife, or a better father or son or daughter.

0:29:03.400 --> 0:29:05.760
<v Speaker 1>Why not be better in your position, at your role?

0:29:06.160 --> 0:29:09.080
<v Speaker 1>Why not be in better shape? Why not be better right?

0:29:09.720 --> 0:29:12.200
<v Speaker 1>And so be content on where you're at with the

0:29:12.240 --> 0:29:15.600
<v Speaker 1>progress you've made, but continuing to push more. So the

0:29:15.640 --> 0:29:19.120
<v Speaker 1>action step here is to regularly assess and push for growth,

0:29:19.240 --> 0:29:22.480
<v Speaker 1>because it's that growth, it's the hope of achieving the

0:29:22.560 --> 0:29:25.640
<v Speaker 1>growth that provides us the energy for the growth that

0:29:25.680 --> 0:29:28.280
<v Speaker 1>we need, and the hope comes from knowing or believing

0:29:28.280 --> 0:29:31.280
<v Speaker 1>that we can achieve that goal. So, what's my health goal,

0:29:31.720 --> 0:29:34.760
<v Speaker 1>what's my relationship goal, what's my business goal, what's my

0:29:35.040 --> 0:29:37.800
<v Speaker 1>own personal goal? How do I assess those? How do

0:29:37.880 --> 0:29:41.480
<v Speaker 1>I push for growth in those areas? That gives us hope?

0:29:41.760 --> 0:29:44.160
<v Speaker 1>And that's what keeps us going. Now, these habits might

0:29:44.200 --> 0:29:47.480
<v Speaker 1>seem small individually, but when you combine them together, their

0:29:47.560 --> 0:29:52.120
<v Speaker 1>combining effect creates extraordinary wealth. It provides clarity, provides massive impact.

0:29:52.240 --> 0:29:55.240
<v Speaker 1>And if you're serious about building lasting wealth and designing

0:29:55.240 --> 0:29:57.920
<v Speaker 1>your life intentionally, then you might want to watch this

0:29:58.120 --> 0:30:01.120
<v Speaker 1>video about how to live your life. I like a CEO,

0:30:01.360 --> 0:30:03.120
<v Speaker 1>even if you're not. If you really want to see

0:30:03.160 --> 0:30:04.920
<v Speaker 1>growth in your life, and I'll see you over there,