Learning Curve
Master Don Juan
Todays century is competitive.
I'm always saying to people who want to make it in life and be successful they have to compete with 7.95 billion people in this planet.
You have to be exceptional at what you do. There is no other way.
It does not matter if you go to American Idol and you win it. It really does not. That's only the 90% accomplishment. To reach that final 10% it takes hard work, commitment, blood, sweat, tears and failures.
People often say that you don't need money to be happy. Usually people who say this they never had money in their life's. They are poor, and they will stay poor.
Money is not everything. But is the only thing that someone counts daily to survive.
The divorce rate in the US has been the highest since the last decade. The reason of-course is financial.
People wake up in the morning and they are poor and miserable yet they don't need money to be happy. Maybe not. But you need them to survive in this world and to keep a balance of your problems and your desires.
If you have a million dollar dreams you can't achieve them with minimum wage habits.
To this day when I was poor until now I have realized that money does not bring happiness but I'm pretty sure they can change your ****1ing life.
This post is not about money. It's about changing your mindset and looking at money as a resource that you need to survive. This is life and it is what it is. You either adapt or you die poor and miserable.
To finalize, a good way to look at money is the following: a scarce in demand resource.
Consider the following and i'm out:
1. The 30% Rule: Keep 30% of your money in savings/investments, 30% of it in fun, and 30% of it in necessities.
2. The 5% Rule: If you're unable to be the 95th percentile and above in anything you do, then don't do it (as your focus in life). Chances are- because the world is so competitive- that you're not gonna make it.
3. Keep a budget of all your income and expenses.
4. The "Don't Understand/ Won't Have" Corollary: You won't obtain anything you don't understand, whether it be money, women, or anything else you want in life.
5. Money= Having scarce and In-demand resources. It's useless if you have something scarce but nobody wants it. It's also useless if you have something in-demand but too many people have it.
6. There are 2 kinds of people in this world: Producers and Performers. Most Producers start out as Performers. A Producer is someone who comes up with the idea, and the Performer is the one who carries out that idea.
7. Nobody does anything alone. Bill Gates himself said "I never did anything alone". Even The Lone Ranger had a partner. Success takes people. The wealthiest people in the world have the greatest number of team members.
8. You are an investor first before you are anything else. Throughout history, investors have ruled over everything.
9. Pursue the industry that you are curious and interested in. Pick an industry and stick to it for at least ten or more years. Look through the government industry list and choose an industry. You must be curious enough about the industry you choose to be patient in as you push the ball up the hill.
10. You will make the average of your five closest friends.
I'm always saying to people who want to make it in life and be successful they have to compete with 7.95 billion people in this planet.
You have to be exceptional at what you do. There is no other way.
It does not matter if you go to American Idol and you win it. It really does not. That's only the 90% accomplishment. To reach that final 10% it takes hard work, commitment, blood, sweat, tears and failures.
People often say that you don't need money to be happy. Usually people who say this they never had money in their life's. They are poor, and they will stay poor.
Money is not everything. But is the only thing that someone counts daily to survive.
The divorce rate in the US has been the highest since the last decade. The reason of-course is financial.
People wake up in the morning and they are poor and miserable yet they don't need money to be happy. Maybe not. But you need them to survive in this world and to keep a balance of your problems and your desires.
If you have a million dollar dreams you can't achieve them with minimum wage habits.
To this day when I was poor until now I have realized that money does not bring happiness but I'm pretty sure they can change your ****1ing life.
This post is not about money. It's about changing your mindset and looking at money as a resource that you need to survive. This is life and it is what it is. You either adapt or you die poor and miserable.
To finalize, a good way to look at money is the following: a scarce in demand resource.
Consider the following and i'm out:
1. The 30% Rule: Keep 30% of your money in savings/investments, 30% of it in fun, and 30% of it in necessities.
2. The 5% Rule: If you're unable to be the 95th percentile and above in anything you do, then don't do it (as your focus in life). Chances are- because the world is so competitive- that you're not gonna make it.
3. Keep a budget of all your income and expenses.
4. The "Don't Understand/ Won't Have" Corollary: You won't obtain anything you don't understand, whether it be money, women, or anything else you want in life.
5. Money= Having scarce and In-demand resources. It's useless if you have something scarce but nobody wants it. It's also useless if you have something in-demand but too many people have it.
6. There are 2 kinds of people in this world: Producers and Performers. Most Producers start out as Performers. A Producer is someone who comes up with the idea, and the Performer is the one who carries out that idea.
7. Nobody does anything alone. Bill Gates himself said "I never did anything alone". Even The Lone Ranger had a partner. Success takes people. The wealthiest people in the world have the greatest number of team members.
8. You are an investor first before you are anything else. Throughout history, investors have ruled over everything.
9. Pursue the industry that you are curious and interested in. Pick an industry and stick to it for at least ten or more years. Look through the government industry list and choose an industry. You must be curious enough about the industry you choose to be patient in as you push the ball up the hill.
10. You will make the average of your five closest friends.