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Discussion in 'General Mindset, Motivation, Beliefs' started by ChrisV, Aug 4, 2018.

  1. Merging Left
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    Merging Left Silver Contributor Read Millionaire Fastlane Speedway Pass

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    Care to elaborate?
     
  2. Merging Left
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    I need to actually spend some time and read through the study. Were they able to show causality with the names? Because I might consider a name change if so...
     
  3. 404profound
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    404profound Gold Contributor I've Read UNSCRIPTED Speedway Pass

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    As much as I hate it, we are social creatures.
     
  4. ApparentHorizon
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    Not verbatim in the study itself, but check the references if you're seriously considering it.

    You can easily try it out online, as well.

    3 forums and/or social networks:

    1. Some obscure name that's hard to pronounce: "PhthiriaRelativitae"
    2. Something that's not too difficult to read, like you have now.
    3. A super common/known name: "JohnWayne"

    Then make 3 different types of posts on each:

    1. Something infuriating/offensive
    2. Something neutral, aka normal convo
    3. Something of extreme value

    Watch how people react. The results won't surprise you!

    You can also use a nickname or shortened version of your real name, if you want it to be more Americanized. (Or tailored to whatever country you're selling in.)

    Not sure what part of the world you're in, but name changes are a PITA. Bank accounts, utilities, legal docs, etc. Some places you have to go before a judge and make your case.

    If you're in the US and you have to do this with a foreign name, all you have to say is you want to integrate better into society.
     
  5. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Really irks me when people talk about LUCK but they never talk about PROBABILITY. They're conjoined twins.
     
  6. MakeItHappen
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    MakeItHappen Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Yup, also you can't compare entrepreneurship which gives you a lot of chances to hit it big with a 40 year long career...
    Like Marc Cuban said in business you only have to be right one time and you are set for life so try again and again until the PROBABILITIES are in your favor.

    One quote that I like very much:
    “ If you have a 1% chance, try 100 times.” - Saygin Yalcin
     
  7. Real Deal Denver
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    Real Deal Denver Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    GREAT quote. I'm a quote person. This one is going on the wall!

    You might appreciate how I explain how odds don't faze me: I once faced odds of over five million to one, and I won. Once I did that, I realized I could do anything. The five million to one odds that I overcame was when I was a sperm. Today I know so much more and am so much stronger! Nothing can stop me now!
     
    Last edited: Aug 9, 2018
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  8. HelpAndProsper
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    HelpAndProsper Contributor I've Read UNSCRIPTED

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    thank you!
     
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  9. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Great quote.

    And therein lies the essence of probability. The odds might be poor, but the more tickets you push into the game, the more likely you'll get lucky. All of these "rich habits" are simply more ways you can get more tickets into the game, hence, manipulating probability.
     
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  10. DakonSG
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    DakonSG New Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I really like this! Thank you.
     
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  11. jasoncuellar123
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    jasoncuellar123 I’m probably awake. Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Yeah, I’m really struggling. /s

    And it really isn’t too insightful, just looks like more mental masturbation.

    • Rich people read? No way!
    • Daily affirmations? I never would’ve thought!
    • Goals?! Now you’re just blowing my mind.
    A couple more,
    • Rich people’s kids go to college? Impressive.
    • Rich people have a lawyer? That’s probably important.
    • Rich people have a will? Well, I suppose if you’re rich, you’ll wanna do something with that money after you die!
    5 years interviewing 177 millionaires, could’ve been doing literally anything else.
     
    Last edited: Aug 11, 2018
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  12. Johnny Bravo
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    Johnny Bravo Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hmm... A very clear majority set monthly, annual, and lifetime goals. Does anyone else do this?

    In any case, it is interesting to see how the mind creates a barrier to success.
     
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  13. Real Deal Denver
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    Real Deal Denver Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Yes I do. I set daily and hourly goals as well. I also have a written list of things to accomplish, in order of importance, in addition to defined goals. Sometimes things "to do" fall outside a specific goal, so my list helps.

    If you want to achieve laser focus, and don't have a perfect memory able to operate at peak efficiency at any given time (and I can't remember anyone that does - pun intended!), this is the only way to achieve superior results. Maximize your time and your results will be magnified. It's really just that simple. Follow a plan with substantial and worthy goals, and you will enjoy uncommon success. I did not always operate this way, and I was not always aware of it, even. Had I known then, in my younger years, what I know now, I would be super successful today. I still will be - but I've had a lot of catch up to do to make up for the years I was arrogant and blind. Stop, listen, and learn from others! You don't even know what you don't even know (think that one over...)!
     
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  14. rogue synthetic
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    rogue synthetic * Not actually Rutger Hauer Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I've only started doing this in the last 2 months.

    It seems like a small thing but holy hell at the difference it makes. It is one of those things where you trust the process, see it working, and think to yourself, "boy, I was pretty stupid for not trying this out in the past when all these other high achievers swore by it".
     
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  15. Manchild_Unbound
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    Manchild_Unbound Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Related:
    1389897325-habits-worlds-wealthiest-people-infographic.jpg
     
  16. ChrisV
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    ChrisV Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Also you get better each time you fail. So it’s actually even better than pure probability.
     
  17. ChrisV
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    ChrisV Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Thanks, this is gold. See all those sources listed on the bottom? Tomorrow I’m going through every one.
     
  18. Johnny Bravo
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    I get the long term goal thing, but daily goals? Hourly goals? Even monthly goals are a bit odd to me. Can you guys give us a couple of examples to get the creative juices flowing?
     
  19. rogue synthetic
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    Oh I wasn't meaning to say I got into it as detailed as @Real Deal Denver does. My planning is only about as granular as the weekly level, and I keep a rolling list of 3-5 main action items on a daily basis. As long as the highlights get checked off I'm happy. I guess that's a kind of a daily goal, but it isn't a serious purpose in the way that a big 1-year, 5-year or 10-year goal would be.
     
  20. TinyOldLady
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    TinyOldLady Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    No, it's encouraging! It means that it really works and people who practice self improvement don't remain in the middle column :smile:
     
  21. Danny Sullivan
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    Danny Sullivan Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    While that's very true, it's still sad so few people are pursuing it.
     
  22. Brendan8450
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    Behind the stats is human emotion and motivation.

    All of major corps capitalise on our needs as MJ said..well..he said finpd a need. He didnt say oil for cars, food, water. social(not very..its more my toy is bigger than yours syndrome), DiSTRACTION, health..

    Us little lealee players...i would be content with 250K a year.

    Loving the stats. Made me angry then made me want to get even.

    Thank you
     
  23. Brendan8450
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    League*
    Comps like hips do not lie but i guess i missed it
     
  24. Seeker
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    While trying 100 times will significally better your chances, this sounds a little bit like if you try 100 times with a 1% chance, your chance of succeeding is 100%. Which it isn't.

    If you do the actual numbers, the probability of hitting that 1% is 1−(1−0.01)^100 ≈63.39%

    That's tremendously better than a 1% chance, but it's still not even two thirds.
    With 200 times it gets to a better 86,6%.
    With 1000 times it's 99,99%.

    So to be pretty sure: "if you have a 1% chance, try a 1000 times." ;)
     
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  25. ApparentHorizon
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    It gets better

    The stats are 5% chance of success to start a business.

    So 10 businesses = 60% chance of success

    The problem with this is you assume 5% every time you start. When in reality, as more knowledge you acquire the higher your probability.

    I can't find the stat, but it was something like explosive success usually happens on the 3rd business.
     

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