1- Money is multiplied in practical value depending on the number of W's you control in your life.
What you do, when you do it, where you do it, and with whom you do it.
What you do, when you do it, where you do it, and with whom you do it.
2- Options - the ability to choose- is real power.
The options are limitless, but each path begins with the same first step: Replacing assumptions.
The options are limitless, but each path begins with the same first step: Replacing assumptions.
3- Retirement is the worst-case scenario insurance. It should be viewed as, becoming physically incapable of working and needing a reservoir of capital to survive. Distress is bad, Eustress is good.
4- To enjoy life, you don't need fancy nonsense, but you do need to control your time and realize that most things just aren't as serious as you make them out to be.
5- The most important actions are never confirmable. To have an uncommon lifestyle, you need to develop the uncommon habit of making decisions, both for yourself and others.
6- Perfection is not when there is no more to add, but no more to take away.
7- Just a few words about time management: Forget all about it.
8- What you do is infinitely more important than how you do it.
9- Most things make no difference. Being busy is a form of laziness. Lazy thinking and indiscriminate action.
10- Don't encourage people to chitchat and don't let them chitchat. Get them to point immediately. If they try to postpone for a later undefined call, reel them in and get them to come to the point.
11- Delegation is to be used as a further step in reduction, not as an excuse to create more movement and add the unimportant. Remember- unless something is well-defined and important, no one should do it.
12- Eliminate before you delegate. Never automate something that can be eliminated, and never delegate something that can be automated or streamlined.
13- Cash flow and time. With these two currencies, all other things are possible. Without them nothing is possible.
14- Most situations are simple - many are just emotionally difficult to act upon. The problem and the solution are usually obvious and simple.
15- Formula for success? It's quite simple, Double your rate of failure.
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