How many times have you told yourself “I know I should _____, but [insert excuse here]”? And how much progress would you have made toward your goals if you were able to silence that voice and get rid of the excuses that keep you from putting in the work that you know you should? If you’re like most of us, you’d rather not answer those questions— but as you’ll learn from this great conversation with Ramit Sethi, the answer is simple: change your habits, and you’ll change your life.
In our talk we discuss:
* what separates the best from those who want to get rich quick: patience, discipline, and sacrifice
* be more comfortable saying no and focus on a couple things you can be great at
* carving out weekly time in the schedule to think big. think strategy.
* and Ramit confesses something that few other legends of his stature will confess… namely about how he might only have 1-2 big ideas per year, but you need to go through the mess to get to those gems
… and much much more.
Show me a man’s calendar + spending, and I’ll show you his priorities
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Some Questions I Ask:
- How did you go from being little Ramit to being where you are now? [2:24]
- What is the psychology behind the people who actually start doing what it takes to live a rich life? [6:00]
- What is the psychology or steps for the people who are willing to put in the work? [9:00]
- What are some habits and processes that we can all apply? [12:29]
- What mistakes do people make in trying to be creative and productive? [17:42]
- What are some things that we can all do to start living our dreams? [24:17]
- How do we resist the world trying to make us vanilla and beige, when that’s actually the riskier path now? [30:00]
- Are there just the handful of base principles that we have to do? [34:34]
- What is something about you that most people don’t know that they’d be surprised to find out? [39:15]
- What is something that you want to do but haven’t started yet? [42:02]
- What’s the next phase after you master the basics? [52:34]
- Do you need to learn how you learn? And how have you applied that? [56:30]
- How do you know how to position yourself in the marketplace? [1:03:32]
- What’s the benefit of mastering how to talk about our work within our profession? [1:07:51]
In This Episode, You Will Learn:
- How Ramit got started in finance and human behavior by winning scholarships for school and then losing them in the stock market. [2:55]
- Why people would rather dream about running three times per week than actually running once per week. [7:00]
- Patience, discipline and craftsmanship are often what separates the best from the people who want to get rich quick. [8:22]
- Why you should study the people who have done what you want to do. [9:12]
- The decisions that went in to Ramit’s $5 million week. [10:32]
- How Ramit keeps track of the advice he gets on how to improve his business or life that he isn’t ready to implement yet. [12:10]
- “Losers have goals, winners have systems.” – Scott Adams [13:15]
- The few key things Ramit does every day to make sure it’s a success. [14:14]
- How to fix your sleep problems. [14:27]
- How Ramit automates and schedules his day to maximize his productivity and different energy levels. [15:40]
- How to measure your priorities. [18:22]
- Calendars. If you don’t plan your own day, the world will plan it for you. [20:00]
- The handshake effect. [21:35]
- What invisible scripts are and how to find yours. [25:03]
- The information is not what we need. We need to take action on the information that we get. [27:31]
- The minute you listen to all the criticisms telling you to be vanilla, you get abandoned. [31:03]
- How to win the game, one step at a time. [33:46]
- Why you smart people need to stop skipping over the obvious stuff to try to find the sexy stuff. [35:30]
- The benefits of owning what makes you weird. [41:20]
- Just because you know things or have learned lessons doesn’t mean that you are immune to them. [43:47]
- Why you should give your friends the space to criticize you. [47:20]
- There’s a lack of people telling you the truth in your life. But the social cost of always telling the truth is high. [49:35]
- One simple question you should ask the people in your life if you want to grow. [50:57]
- The habits that got you here, are not the same things that will get you to your next step. [53:53]
- Giving up control is often necessary to keep your eye on the bigger picture. [55:55]
- Why being humble and having stamina wins. [1:00:55]
- Once per week, Ramit sets aside time just to think big. [1:04:30]
- Why you should teach the market to revere your work. [1:05:47]
- How to differentiate yourself as an expert in your profession vs just being a commodity. [1:10:00]
- When you connect with your client, price is a mere triviality. [1:14:57]
- How to get rid of the gatekeeper that lives in your own head. [1:17:45]
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