I have always wished that I had the inside tip on getting ahead in business and life. Well if you are thinking the same thing, I have completed the assignment for both of us. I have summed up my thoughts in 5 rules/laws/principles.
I am going to give you my crib notes to personal success. Let’s get all of the formalities out of the way first.
Let’s assume the following:
- Success is defined differently for every person.
- At a minimum you have to be motivated.
- There are exceptions to every rule.
- I know a lot but not nearly enough to rule the world.
- Spirituality is the base of it ALL.
Information on these ideas are easily found in volumes and volumes of books, articles, and websites so I am not going to attempt to explain in detail. I hope to give you enough information to determine if you possess the quality or not. If not, then get to doing your homework. The only rule that is easy to implement is the rule of 72. In no particular order the 5 are:
- The Pareto Principle
- 10,000 hour Rule
- The Law of Attraction
- Conquering Principle
- The Rule of 72
The Pareto Principle
The Pareto Principle was named after Alfredo Pareto. His position and research found that 80% of production came from 20% resources. This means in layman terms that you should evaluate your life and get rid of 80% of the Bullspit. Look in your closet and you will find that you only consistently wear 20% of your clothes. This process applies to business sales, friends, and our personal lives.
The 10,000-hour Rule
Discussed in Malcom Gladwell’s books, The Tipping Point, Blink, & Outliers, the rule is based on research from Dr. Andres Ericson. The rule’s point is that in order to become a professional (Expert) at any endeavor, a person has to spend 10,000 hour implementing deliberate practice and have a bit of luck. UHH I think you better read fast and get to work!
The Law of Attraction
This is most popularly represented by the video the The Secret. For those who haven’t seen it, go watch it it’s real cool. However, the law is mostly about forming a mindset and self-talk that is positive and draws the energy of other positive things into your life.
I like this one because it is simple to figure out but a beast to implement. The Principle is Conquer Self or Self will Conquer you. Really think about this the next time your eating a doughnut and you’re on a diet! What about walking head first into a situation that you know is going to get ugly but you want to fight.
The Rule of 72
I have no clue who invented the rule but it’s very useful in measuring time versus potential return on an investment. The rule is methods for estimating an investment’s doubling time given a fixed annual rate of interest.
Example: If $1 invested at a 10% rate would take 7.2 years to turn into $2. Cool rule if you can start saving money right now.
I am sure that separately these ideas aren’t new to many of you. The clue is that all of these need to be implemented to get where you want to go. Balancing your short comings is essential to making it all happen. “Live Free”