The Millennial Money Woman
The Millennial Money Woman

@The_MMW

12 Tweets 15 reads Aug 09, 2021
10 Critical Lessons From the Book "Atomic Habits"
- Thread -
1. Focus on the Process, Not the Product
Goals:
- Set direction
- Restricts happiness
- Momentary change
Systems:
- Long term change
- Keep you motivated
- Best for making progress
Winners and losers have the same goals
It is the process that separates one from the other.
2. Change your Identity, Change your Habit
You believe what you tell yourself.
When you say:
- I am healthy
- I am a leader
- I am successful
- I am an investor
- I am a pre-millionaire
...You change your mindset.
When you change your mindset, you change your life.
3. Progress Requires Unlearning
To improve, constantly edit and upgrade your knowledge.
How to unlearn:
- Travel
- Be open
- Meet new people
- Stop procrastinating
- Get out of your comfort zone
Learn to unlearn.
4. Design your Environment for Success
You are a product of your environment.
To be successful, create a world where:
- You thrive
- You eat healthier
- You push yourself
- You exercise more
- You minimize distractions
Control your world before it controls you.
5. Make 1% Improvements
Mastery requires patience.
How to make small improvements:
- Win tiny battles
- Make small shifts in direction
- Make a choice that is 1% better
- Break larger goals into smaller ones
Make small adjustments, and the results will be massive.
6. Time Magnifies the Margin Between Success and Failure
Patience is a virtue.
Good habits take time to form.
How to create better habits:
- Make it easy
- Make it obvious
- Make it fulfilling
- Make it attractive
The most powerful outcomes are delayed.
7. Focus on your Current Trajectory, not the Destination
Your trajectory determines your destination.
How to change your trajectory:
- Change your habits
- Change your mindset
- Change your purpose
- Change your influences
The journey is the destination.
8. Small Changes Compound
Success is the result of daily habits.
Positive compounding:
- Master a new skill
- Automate old tasks
- Complete 1 extra task
Negative compounding:
- Stress
- Anxiety
- Thoughts
The quality of our life is determined by the quality of our habits.
9. Overnight Success Takes Years
It takes the average millionaire 28 years to hit $1 million.
Success takes:
- Effort
- Focus
- Failure
- Passion
- Discipline
- Consistency
Your habits today build your future tomorrow.
10. Knowledge Compounds
Investing in your knowledge offers the highest return on investment.
How to compound your knowledge:
- Read quality books
- Take quality courses
- Find quality mentors
- Seek quality relationships
Knowledge builds like compound interest.
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