How can you get a slight edge in your life? Jeff Olson, Founder and CEO of Nerium International, states that our daily habits are the actions that either bring us closer or further away to where we’d like to be. These daily actions have a compounding effect over time that builds momentum that brings you closer to a destination. Consistency, discipline, and execution are the ingredients needed to get what you want. Everyone knows what they need to do to get what they want, however, a lot of people don’t follow through with it. As stated by billionaire Charlie Munger, “To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people.” Points from the book:
1. Embrace “failure”. Don’t let anyone tell you that you’re a “failure”. If what you’re doing is bringing you closer to your goal, keep on “failing”. No one is born naturally talented in anything and to become great in anything requires failure. Tune out that negativity from others telling you that you should just give up because greatness requires “failure”. “The formula for success is quite simple: Double your rate of failure. These days we aren’t often taught that the key to success is to double our rate of failure. On the contrary, we’re taught to avoid failure like the plague. You’ve probably heard the expression, ‘Failure is not an option.’ Oh, really? Well, here’s a reality check: failure had better be an option, because whether or not you consider it an option, it’s going to happen! If you go through life with the philosophy that ‘failure is not an option,’ then you’ll never have any good opportunities to learn. If Babe Ruth had lived by the philosophy that failure is not an option, then you and I would have never heard of him. Why? Because Babe Ruth not only set a world record for home runs, he also led the league in strikeouts.“
2. Everyone is looking for a magic pill or a silver bullet for success. Everyone needs to get the notion that there is none in their heads. To become successful, master the simple stuff and execute them on a consistent basis; those who are faithful with a little are faithful with a lot. As an example, you had a friend who asked you to borrow $100 and never paid you back. Your friend then later asked to borrow $1000. Would you lend your friend that money? Probably not because if your friend couldn’t pay back the $100, chances are that s/he won’t pay back the $1000. “Among the ten, the principal value was this: Slow down to go fast. In other words: you want big results? Good-then do the little things. Just do them consistently and persistently. We based our entire business model on slight edge principles, following them and teaching them to everyone involved from the very first day. Sales grew steadily, month by month, without any huge quantum leap-until the compound effect of all those months of steady growth began to kick in. In our first year, we went to over $100 million in sales. What’s more, we reached that sales figure faster than any company had ever done before in the history of our industry-in fact, we were given an award by an industry trade journal for being the first company in our field to blow past that milestone. We became a giant in the shortest time to anyone had ever done. How? By going slow. Sometimes you need to slow down to go fast.“
3. Your little successes add up, don’t think they don’t. Just as money makes money, success creates success. Every little bit counts and either moves you closer or further away from your goal. “They may not realize they have a philosophy, but they do, and it goes like this: What I do right now doesn’t really matter. It’s not hard to see how people come to this understanding of life. I don’t blame them. It’s completely understandable. It’s just not the truth. The truth is, what you do matters. What you do today matters. What you do every day matters. Successful people are those who understand that the little choices they make matter, and because of that they choose to do things that seem to make no difference at all in the act of doing them, and they do them over and over and over until the compound effect kicks in. Those little things that will make you successful in life, that will secure your health, your happiness, your fulfillment, your dreams, are simple, subtle, mundane things that nobody will see, nobody will applaud, nobody will even notice. They are those things that, at the time you do them, often feel like they make absolutely no difference.“
4. Use what you don’t like to fuel/motivate you. Don’t like your job? Use it as fuel. Don’t like your health situation? Use it as fuel. Don’t like your financial situation? Use it as fuel. “People on the success curve don’t ignore the past, but they use it as a tool, one of many with which they build their futures. People who live on the failure curve use the past as a weapon with which they bludgeon themselves and the people around them. Regrets, recriminations, remorse, and retribution. It seems most people live with one foot in the past, saying, ‘If only things had been different, I would be successful.’ And the other foot in the future saying,’When this or that happens, I will be happy and successful.’“
By Ryan Lee
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