guidelines, habits, frameworks

love, health, wealth and happiness.

Why restaurants fail.

Why do they? Too much competition. Lease, equipment, skill and loyalty. What you need to succeed and apply to anything. Generally it’s about missing out on one of these factors. Land, Labor or Capital.

Right time, right place makes right decision. It’s a poor decision if you don’t have a direction.

Economics: 3 classic faction of production. Land Labor and Capital.

Land(connections): Connection, positional advantage, it’s who you know. It’s not what you know it’s who you know. People you’re spending time around.

Labor: Your skill and skill of team. The things in your head, the books you read and things you know.

Capital: Cash. Free money for you to invest into you. Requires money to buy nutritional foods and eating right.

Classic faction of production goes up when you gain momentum and positional advantage. In a war you set your enemy up to lose by positioning yourself so that they work against gravity in a fight. In war you would be on top of a hill and whereas the enemy is at the bottom of the hill running up the hill to get to you.

Land: know people involve yourself with who are knowledgeable.

Labor: You need to be a learning machine. Read more think more do more.

Capital: Investment capital.. save up and work your way up. Raise your capital. Business concept: investment private public, private placements, bonds, debt, credit card, franchising fees, liscensing fees, consulting.

Simplest way is to be a good steward with your money.

Joe Salton: “everyone wants to be me where i am now. When i was young i live in my parents attic and saved money. Spent only 100 bucks in 20 years.” People who balance consumption and savings (stoic, and epicurian) to put off present pleasure for future, get what they deserve in the end.

67 steps to open your mind. This is why it succeeds and this is why it fails. Isolate patterns between the rich and poor and make good decisions. The importance of advantage when you set out in business. Establish the advantage, work to get the advantage.

Strat: Ask: Do we have more land then other people..

Do we have an advantage there?

Ask:  Do we have more Labor then other people?

Do we have an advantage there?

Ask: Do we have more Capital?

Do we have a advantage there?

probably not but we can make an investment fund that invests in internet business. The internet niche. We don’t need to compete foot to foot with lets say a big established company, but we can use internet, media and the niche to get an advantage in business.

Are you skilled enough to stand in from of kings. Do you have cash in order to make your dreams come true?

Sucker in the room and the lollapalooza effect:

Love, Happiness, Wealth and Health training.

Mind over matter.

If the minds are not right, not aligned, mental thought is poor then you will stay in the state of poverty.. mentally, socially and maybe physically.

You must take control. The mind is like an iceberg 90% is submerged is your sub-conscience.

“If you don’t love me who will?” Joe Salaton. Do what you must to become in control of your dreams.

Subconscious thoughts through messages in advertisements do they have your best interest at heart? Carl’s JR. I don’t think so.

Music. 6-8 music, media, youtube – exposure to advertisements.

25 cognitive biases. reward, punishment liking, disliking, association, availablility, Pavlovian responses, delusion, senescent, bias, chemical bias — Cognitive Biases

Lollapalooza effect. Never go to an auction. There’s an authority bias because of judge causing scarcity and urgency. Social bias and social proof that people want the objects in the room by other people. Reward bias, selling something you want. Missing out on auction means your experiencing pain. Charliemonger coined Lollapalooza where all these things are mixed up against you where it works against all will power in you.

Buddhism if you do certain things right you’ll be able to detach from the senses. It’s a lottery approach.. it doesn’t happen often. You can’t eliminate competition, big corporations take advantage of you, bacteria in your body seek to survive and thrive you can’t blame it if your immune system can’t handle them. Everything/everyone is looking to find a living.

*read Charlie Monger* Avoid auction, massive amounts of media, strengthen the mind. Alexander the great flip things to your advantage. Examine things, put Christianity to the test. If something is gold it won’t burn.

Good and Bad. The reason for war is competition. Nothing is black and white in the real world. Everything has it’s own agenda but if we are for the organization of humanity we’re always winning.

The idea of competition makes world move together. You don’t have to be a sucker and make everyone a sucker. Move it towards a everybody wins situation. Everyone seems to work better together when everyone wins.

3 types of people: Make things happen, watch things happen and wonder how things happen. Don’t be the sucker.

ignoring the 99 people rule. And the 1/10th rule.

Ignore 99 people and listen to 1 person. Not suggesting to only mentor one person. Why are we democratizing your brain, Elitest in your brain is a positive thing – own your domain. Killing is a negative connotation unless it is to defend and save your life. Be picky.

1/10th rule. You will only profit 10% of the person you mentor and emulate. You will not perfectly achieve 100% what your mentors have. Look for the best mentors, go to the top. Mass media is a positive thing too. Mass messages help in effectiveness and efficiency. Clarity is key. Steven Hawking understands nature (read up on him)***

Be picky who you choose as a mentor.

1. Better at controlling the sources that come in. (Friends aren’t for purpose, loyalty to friends.)
2. Cut people who gossip out.
3. Enemies who are good/average, you want an amazing life. Need to cut them out.
4. Family you will have to settle for.
5. sources of information. magazines, media, books and television.
6. Does not need to be perfection but it needs to be progressive.

Imagination: You want something that appeals to the 5 senses. sound, sight, touch, smell, and taste. In advertising you need to work towards the 5 senses.

What you need to be different from the crowd. Alot of stimulus, out of that stimulus are messages. Ideas are imposed on you, for example clothing you wear influenced by what you saw in the media. You need to be different by investing your time and effort in what they call the dark years.

Bill gates at 12 started building computers. From 20-30 is unheard of, he locked himself in an office and never took off days to build his company. The 10 dark years

Aristotle taught Alexander the Great to learn how to live. You are not equiped to learn how to live parents aren’t taught to teach their kids to live.

Michael Jordan a basketball player, when he was in UNC no one expected him to become the most famous basketball player. 10-15 years of commitment in order to bring about his glory days.

The Amish “A fence that is built fast, falls down fast. Building a fence slow and steady makes a good fence.”

Friendships cultivated through the 10 dark years can be rekindled and used to build strong bonds.

Key to a good marriage: good business and investor partners and good marriages is the same. Low expectation. You may feel discomfort and alittle pain but they last based on the mutual understanding that everything isn’t perfect.

High life long expectations. Having a child and having to take care of him as he grows up and investing him him pays off in the end when he is able to take care of you when you’re in your senior years.

Unrestricted growth is equal to cancer. You don’t want to boom and bust. Stories about fame and losing it all shortly after.

Realistic time frame. Restrict how much tv or youtube. Look at autobiographies and read stories about them.

Social media bombards us with stories of success, never the 15 dark ages. Everyone wants to see the rewards, the harvest and gains it makes for good television. We need a reality check, everything takes work and time to succeed. Suffer and fight those 10-15 years and you will prosper.

Senica on “The shortness of Life”

Application: The aquisition of knowledge is not the same as the application of knowledge.

Idle information is like having no information at all. Unless it is activated and put into application is it harmless and useless.

can’t make a pig fly.

they are unteachable, and they will be bothered. (they will bite you)

pull on strings don’t push.

pig: who doesn’t know and doesn’t want to learn.

you must always be separating: setting apart the pigs from the innocent ignorant.

pigs are people and there are different category.

avoid philosophy of not helping people.

It’s not judgmental, it’s just reality.

Identify them or they will talk behind your back, take your secrets to the competitors, hurt you.

Strings: Let it comes to you, you must seduce. There are things you can’t just overcome and conquer. Let life come to you. Can’t force things to happen like business. Find the fine line of being impatience.

Serenity prayer:  “God grant me the serenity to accept the things i cannot change, Courage to change the things i can and Wisdom to know the difference. Living one day at a time, enjoying one moment at a time. Accepting hardship is the pathway to peace, taking as he did this sinful world as it is not as i would have it. Trusting that he will make things right if i surrender to his will. That i will be reasonable happy in this life and supremely happy with him in the next.”

Serenity to accept that there are “pigs”that can’t be changed and the “strings” that cannot be pushed on. The wisdom to know the difference. Be decisive and remove people who continue to turn on you and bite you.

Farmers don’t miss meals and are always tired. Urban city ailments sort of just go away in the life style of farmers. In an example of herding, pushing the pigs, they make loud squeals and dig heels in the dirt. We all have been pigs in life and we’ll get around it when we’re good and ready. You take the people who are willing and ready to learn and let the people who aren’t suffer until they get tired of failing and come to you.

Need pain and discomfort to control the pigs. So don’t feed them in the morning and let them come once they know what they need. We need to change the reward structure, think about payrolls in the same manner. Change their reward and pain structure and you CAN change a pig and teach them to fly. Ask are some pigs hopeless? Ask if the problem is you and that you’re impatient.

Thesis and Antithesis. Do not be too patient, after all the seducing, restructuring of your planning, resistance to change is impossible cut these people out. If the rate of Success is worse then 20% you need to cut them out. Sometimes you might burn bridges that shouldn’t be burned don’t give up until you are sure.

health, wealth, love and happiness.

chasing a mirage and stepping out of the illusion.

Going to hit the moon, need that precision. Did we hit the moon?

Philosophy; maybe something wrong with our core convictions. So many people have false convictions and it’s worse than lies.

Hitler thought he was doing god’s work because of an incident with a British soldier letting him go in WW1. This was the type of conviction you want to stay away from.

Warren Buffet throw out unfounded convictions every now and then.

If we’re great it’s because we’re sitting on giant’s shoulder.

Introducing a new philosophy: Most of us are following the mirage. The way life plays out people need to know things. Religion or convictions. American history was a god given right to have slavery. Judges thought white and black were not equal. Woman were not equal to men.

Try living a week without less convictions and more observation. Stop being so black and white let convictions go. You’re never going to quite know. Leave  few uncertainties and accept them. Move towards the slot machine probability.

Left slot machine and right slot machine.

Left slot machine you win ever 10 times. Right slot machine you win every 25 times.

You want the left slot machine.

Some times you get lucky and the wrong slot machine will give you a win and you have the conviction that the wrong slot machine is the winning machine. You can’t use that one situation to affirm your convictions.

You go with the numbers and the higher probability and for stability.

Mirages in deserts are dangerous, people get caught in it and lost and die in it. Just like life.

Plato gave a quote “life is like being in a cave, in this cave you have people but shadows of people. You need to come out of the cave to see clearly in a new light to see them in their true form.”

We’re like little kids; mom rewards you in life but in real life people won’t reward you. You won’t get that pat on the back every time you do something right. Building skill, people are going to be interested in you. Building yourself up to success is a good “slot machine” to invest in. Don’t expect to win every time.

If you can walk with kings and not lose your common touch. If you can risk all you have and have to start from scratch and do it. And if you can stick with the plan doing the most probable yours is the earth and everything in it.

The pillars of life in Tai Lopez words are: health, wealth, happiness and love

On delegating: Shalini and sam waltons over the shoulder.

How to manage people:

Will Darante said:

“Men who manage men are men who manage men who manage things but men who manage money (investors) manage all.”

managing the machines vs. managing people who manage machines. Managing people who manage machines makes less money than managing money who manage people who manage machines.

Skills in managing people who manage money

1. increase you ability to skills in managing people:

-make allies meet people.

-manage accountant, dates, mechanics, vendors, those who do work for you. Control people in a positive way to get an outcome.

You need an active role.

If you let someone do something to you.

First time shame on them. Second time shame on you.

If you leave something alone without your active role in it for so long a business will be in shambles, a mechanic will take advantage of you. You need knowledge of insight. “You cannot Delegate what you don’t know.”

You need to be a jack of all trades: You need to know the basics about your car. You need a general idea about everything.

2. Do things important and integral to your life.

3. No one ever has your interest at heart as much as you do.

The doctor may be concerned about you but only you know what will be in your true interest.

Don’t allow for 100,000 dollar lessons to happen. Don’t trust a person with their top of the head estimates and give you 6 developers that need 10 grand salaries. Don’t do a over the “shoulder style” approach. You don’t want to micromanage but trust and confirm. Don’t be average. You want to be above average. You want to rise above the masses.

Don’t be proud be willing to learn. Accumulate knowledge don’t show off being an expert pretend to know nothing but be in truth an expert.

Automated income, inject more energy by overseeing what you build more people you can trust and competent people. Foster the environment but do not micromanage because this will make a crutch for them. Don’t double check too much it builds accountability – but confirm and oversee their work.