Showing posts with label passive. Show all posts
Showing posts with label passive. Show all posts

Friday, 17 March 2017

Patterns of Success | Steve Pavlina


People usually succeed in the long run.

This is the pattern I see in my long-term readers. They may take a while to get moving on their goals at first. They may endure some false starts and setbacks. They may procrastinate now and then. But if a goal is important to them, such as creating passive income streams or finding a fulfilling relationship, they do eventually succeed.

Not all of them succeed of course. Some give up. Some get sucked back into social groups that influence them to fall off track. Some drift aimlessly without finding their focus.
But by and large, the people who persist do eventually succeed. If they keep working towards their goals, keep learning and growing, and stay conscious, they do make progress, and they do achieve their goals.

Here are some of the patterns I see in readers who succeed in achieving their long-term goals.

Take Goals Seriously


People who succeed take their goals seriously. They move their goals out of the realm of fantasy and turn them into practical objectives to be achieved.

One of the simplest ways to take your goals seriously is to turn them into mental pictures and movies that you can describe visually. If you can’t tell me what you’re seeing on the movie screen, it’s a safe bet that your goal is just a fuzzy fantasy.

Usually when people tell me about their goals the first time, it’s a fuzzy fantasy. They list things like: make more money, have more friends, and travel more. Does this tell you what you’re seeing on the movie screen? Nope. Is it clear if you’ve accomplished these goals or not? Nope. Do these pseudo-goals let you off the hook and pretend you’re making progress? 
Yup.

It’s okay to begin with a fuzzy fantasy, but don’t get stuck there. Move your goal out of the realm of fantasy, and turn it into a real-world experience. Frame your future experiences the same way you frame your past memories. Memories are events that happened. So turn your goals into similar events that can and will happen.

A real goal will eventually be achieved, and then it will become a memory. Memories involve sense perceptions, and they’re mostly visual. So if you want to set a clear goal, then describe the future memory. Traveling more or making more money isn’t a memory.

If I asked you what you did yesterday, would you say, “I made more money, had more friends, and traveled more”? If you said something like that, I’d wonder that you might have some brain damage. Don’t describe your goals like that either. State your goals and intentions like you’re describing a future memory. What are the actual events that you’d like to experience?

A memory is something like going to the top of the Eiffel Tower, enjoying the view of Paris, and taking a bunch of photos while you’re up there. That’s a goal that can be accomplished or not. It’s a goal that encourages real-world planning and action steps. It’s achievable.

Start Modestly


People who succeed tend to begin with modest goals and build up to larger goals when they get some success going. Those who fail often bite off more than they can chew.

For instance, instead of trying to earn $10,000 per month immediately, successful people usually start with a modest goal like creating a passive income stream of $100 per month. They work on that goal first and do what it takes to achieve it. Then they can apply what they learned to parlay that small success into a bigger success.

The failure stories often inject neediness into their goals. I get emails from such people frantically telling me how they need to make an extra $1000 to $3000 this month in order to pay their rent or bills. In 12+ years of blogging, I can’t recall a single case of one of these people ever emailing me back to say that they succeeded.

Neediness will only get in your way, create extra stress, and delay real progress. If you need to let the old world collapse while you work on your long-term goals at a realistic and intelligent pace, so be it.

Bite off a modest piece of your goal, work on it, and achieve it. This will do more to move you towards a long-term pattern of success than frantic scrambling.

Have Compassion for Your Future Self



Have some compassion for your future self. At some point you’re going to be 5, 10, or 20 years older, and that future you will have to endure the consequences of what you’re creating now. If you’re wallowing in neediness or drifting aimlessly, you’re sentencing your future self to a crappy outcome, and that future you may blame you for it.

Instead of screwing over your future self, take a more sensible and compassionate approach. Work to create a better reality for your future self. That future self is going to be you 
someday.

People who succeed look to give their future selves an edge. They seek to put themselves in a more advantaged position down the road. They make small sacrifices today to alleviate stress and enjoy more fulfillment tomorrow.

Don’t Go Dark


Almost everyone goes dark at some point, sinking into aimless drifting for a while and losing sight of their goals. Those who succeed tend to bounce back quickly though. They recognize when they’re going dark and even give themselves permission to temporarily wallow in this state if they need a break. They know they’ll get back to working on their goals soon enough.
Those who don’t succeed tend to spend a lot of time drifting unconsciously. For such people the experience of setting and working on goal is just a temporary blip against a background of aimlessness. The lights go on occasionally when they get a burst of inspiration (usually from an external source), but most of the time, the lights stay off.

Those who succeed keep the lights on most of the time. They do their best to stay conscious. They keep moving the needle forward, little by little, tackling one small milestone at a time. They aren’t so easily discouraged by setbacks.

Be Flexible


People who get sidetracked often have a very rigid approach to success. When their initial plans don’t work in the real world, they keep repeating the same ineffective strategies, stubbornly expecting that something new will happen each time.

Those who succeed understand and accept that their initial plans may not work. Each failure becomes a learning experience. Successful people surrender their ineffective approaches, so they can pivot towards new possible solutions.

Those who fail usually explore very little of the solution space. They hide out in a comfortable corner where there are few results to be had. Those who succeed almost invariably explore more of the solution space. Even after they get some success going, they keep exploring to further optimize their approaches, especially to improve overall lifestyle balance.

Embrace the Growth Journey


It usually takes people longer than they expect to achieve their goals, regardless of what types of goals they set. When we set a goal, we can’t accurately envision all the micro-steps it will take to achieve it. We oversimplify the journey. We overlook many details, and those details will take time.

People who give up often succumb to impatience. They go dark when the path becomes longer than expected, even if they were making modest progress. Sometimes they pressure themselves to meet unreasonable deadlines and then burn out after a while.

Those who succeed may succumb to the previous pattern too, but eventually they get past it. These people progress to a more mature, more balanced, and less frantic approach to growth and achievement. Short-term scrambling gives way to long-term patience.

The key is to embrace the overall growth journey. See the benefits not just in the goal to be achieved but in the person you’re becoming along the way. The inner benefits are more secure anyway. You can strip a growth-oriented person of their external accomplishments and resources, and their well-developed inner resources will help them bounce back to their previous position and beyond.

Discover What Works and Repeat


Successful people sometimes find just one or two patterns that work, and then they repeat. For instance, they may create a $100 passive income stream and then repeat the process dozens or hundreds of times. They also refine the process as they go along, so each stream may be 10x more effective after a few years of refinement.

Earlier this year I met a guy who keeps renting more apartments in different cities and turning them into AirBnB properties for a profit. He reinvests the profits in securing more properties to create more revenue streams. I believe he expects to make seven figures from his operation this year, and he gains the added bonus of being able to stay in any of his properties for free when he travels.

* * *

Every month I meet new readers in person and hear their stories, especially with respect to the goals they’ve set, the lessons they’ve learned, and the pivots they’ve made. One thing is clear: In the long run, people usually do achieve their goals if they persist, stay flexible, and don’t give up. The biggest challenge for most people is persisting long enough to win the mental game.

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Saturday, 25 February 2017

How To Remember 90% Of Everything You Learn | Sean Kim


Wish you could learn faster?

Whether you’re learning Spanish, a new instrument, or a new sport, we could all benefit from accelerated learning. But the problem is, there’s only so much time in the day.

The key to accelerated learning is not just putting in more hours, but maximizing the effectiveness of the time spent learning.

The Bucket And Water Analogy


Let’s say you were to fill up a bucket with water. Most buckets should not have any problem retaining the water inside, until it starts overflowing at the top.

But in reality, this isn’t how our brains function. In fact, most of the information that enters our brain leaks out eventually. Instead of looking at our brain’s memory as a bucket that retains everything, we should treat it for what it is: a leaking bucket.

While the leaky bucket analogy may sound like a negative connotation, it’s perfectly normal. 
Unless you were born with a photographic memory, our brains weren’t designed to remember every fact, information, or experience that we go through in our lives.

How To Remember 90% Of Everything You Learn


The development of the Learning Pyramid in the 1960’s — widely attributed to the NTL Institute in Bethel, Maine— outlined how humans learn.

As research shows, it turns out that humans remember:

5% of what they learn when they’ve learned from a lecture (i.e. university/college lectures)
10% of what they learn when they’ve learned from reading (i.e. books, articles)
20% of what they learn from audio-visual (i.e. apps, videos)
30% of what they learn when they see a demonstration
50% of what they learn when engaged in a group discussion.
75% of what they learn when they practice what they learned.
90% of what they learn when they use immediately (or teach others)


Yet how do most of us learn?

Books, classroom lectures, videos — non-interactive learning methods that results in 80-95% of information going in one ear and leaking out the other.

The point here is that instead of forcing our brains on how to remember more information with “passive” methods, we should focus our time, energy, and resources on “participatory” methods that have proven to deliver more effective results, in less time.

This means that:
  • If you want to learn how to speak a foreign language, you should focus on speaking with native speakers and gain immediate feedback (instead of mobile apps)
  • If you want to get in shape, you should work with a personal fitness trainer (instead of watching Youtube workout videos)
  • If you want to learn a new instrument, hire a local music teacher in your city
Ultimately, it comes down to this…

Time Or Money?




How many times have you heard someone say, “I don’t have time to do X…”

I’m certainly guilty of this myself, as I’ve made excuse after excuse about the lack of time I have in my life.

But time is the greatest equalizer of all. No matter who we are, where we are in the world, or how much we strive for efficiency, there are only 24 hours in each day. Every single minute is unique, and once it’s gone, it can never be regained, unlike money.

So if we all have 24 hours in a day, how do we explain the success stories of young millionaires that started from nothing, or a full-time student going from beginner to conversation fluency in Spanish after just 3.5 months? They learned how to maximize for effectiveness instead of only efficiency.

Let’s say person A spent one hour learning a language and retained 90% of what they learned. And person B spent nine hours learning and retained 10% of what they learned. Doing simple math, person B spent 9x more time learning than person A, only to retain the same amount of information (A: 1 * 0.9 = B: 9 * 0.1).

While the exact numbers can be debated, the lesson is clear. The way to have more time is not to go for small wins, like watching 5-minute YouTube tutorials instead of 15-minutes, but to go for big wins, like choosing the most effective method from the beginning. Or constantly relying on free alternatives, when investing in a premium solution can shave off months, if not years, worth of struggles, mistakes, and most importantly, time.

It’s making the most out of the limited time we have by focusing on solutions that deliver the most impact, and saying no to everything else.

The ability to retain more knowledge in an age of infinite access to information and countless distractions is a powerful skill to achieve any goal we have faster
By learning how to remember more information everyday, we can spend less time re-learning old knowledge, and focus on acquiring new ones.

We’re all running out of time, and today is the youngest you’ll ever be. The question is: how will you best spend it?

Interesting, isn't it?  Let me know what you think below.

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