The Ultimate Checklist: A 99% Mindset VS a 1% Mindset

[MJ DeMarco]

I pulled this from my new book, The Great Rat Race Escape , namely from the Perseverance Strategy (#114).

This chart truly embodies the entire Unscripted philosophy and Fastlane Entrepreneurship and what separates the 99% (rat-racers) from the 1% (scientific producers).

While a lot of this is explained earlier in TGRRE (this chart appears near the end) it is pretty self explanatory.

The two most important, IMO, relate to math.

Specialized Skill VS Specialized Unit
Mort time = More Money VS More Units = More Money

If someone wants a summation of my 3 books and the philosophy contained therein, this chart does a masterful job.



There are other things missing from the list, so feel free to add.

For example, another item that isn't included is related to the Commandment of Control....

99% Thought Form: Following
1% Thought Form: Leading

99% Thought Form: Copying
1% Thought Form: Innovating

DUE TO REQUEST, THIS IS NOW AVAILABLE FOR SALE AS WALL ART...

Wall/Desk Art – Viperion Publishing

Unscripted , Fastlane motivation for your wall or desk.

www.viperionpublishing.com

 

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[OleksiyRybakov]

99% Thought Form: Innovating
1% Thought Form: Copying

When I went to college, I was constantly taught that plagiarism is bad and innovation is good. Thank you for reminding us how governments want us to fail.

 

[Antifragile]

This is brilliant!
Succinct. Spot on.

thanks MJ

 

[Kevin88660]

When I went to college, I was constantly taught that plagiarism is bad and innovation is good. Thank you for reminding us how governments want us to fail.

Different context. You are not supposed pirate contents and reproduce them as your own, not even in business.

But sometimes you are right in a certain way. School teachers do have a fixation with creating original solutions.

I once requested a work solution answers from my high school math teacher. We do have the numerical answer but not the work solution. He refused to give me saying you should learn to “struggle” instead of trying to re-engineer, which today I still think is total bullshit. Mindless struggling is a waste of time if you can quickly gain insights (not advocating blindly copying). The point is you want to train yourself as quickly as possible so that you can produce the answers without guidance.

 

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[MaxT]

Very cool, thank you MJ for everything you do !

 

[Jpeveryday]

The 1% negatively charged to $?

Can someone help explain this ?

Great list ...really had to think thru each distinction

 

[inabox1]

Perfect timing with this. Cheers MJ

 

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[pat9000]

99% Thought Form: Innovating
1% Thought Form: Copying

I've never thought of it like this. But it makes sense. A lot of products are simply replicas but with a few more improvements. Someone copied the Model-T and now down the line, we have Teslas.

Thank you for the insights. Some of these are tough to swap from 99% to 1% but worth it.

 

[pat9000]

The 1% negatively charged to $?

Can someone help explain this ?

Great list ...really had to think thru each distinction

Money loses value and doesn't pay you, the goal is to put the money to work through assets and investments. Idle money will be wasted. It pays to be broke.

 

[Athena_]

I pulled this from my new book, The Great Rat Race Escape , namely from the Perseverance Strategy (#114).

This chart truly embodies the entire Unscripted philosophy and Fastlane Entrepreneurship and what separates the 99% (rat-racers) from the 1% (scientific producers).

While a lot of this is explained earlier in TGRRE (this chart appears near the end), it is pretty self-explanatory.

The two most important, IMO, relate to math.

Specialized Skill VS Specialized Unit
Mort time = More Money VS More Units = More Money

If someone wants a summation of my three books and the philosophy contained therein, this chart does a masterful job.

View attachment 40688

Other things are missing from the list, so feel free to add.

For example, another item that isn't included is related to the Commandment of Control...

99% Thought Form: Following
1% Thought Form: Leading

99% Thought Form: Innovating
1% Thought Form: Copying

This is incredible, thank you

 

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[IamLion]

Money loses value and doesn't pay you, the goal is to put the money to work through assets and investments. Idle money will be wasted. It pays to be broke.

Interesting.

I was thinking it was in reference to positive and negative charges.
Assuming $ is positive, being positively charged to $ would repel it (Consumption) vs being negatively charged to $ would attract it (Production).

Like the opposing Poles on 2 magnets.

 

[Mathuin]

Great post, thanks MJ.

 

[MJ DeMarco]

The 1% negatively charged to $?

Can someone help explain this ?

Great list ...really had to think thru each distinction

Cmon man, I explained it in the book!

And yes, it does seem counterintuitive, but I assure you, it isn't an error.

 

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[ryanbleau]

Much needed. Getting the new book now. Appreciate the time and effort. Thank you MJ

 

[KenDunlop]

I pulled this from my new book, The Great Rat Race Escape , namely from the Perseverance Strategy (#114).

This chart truly embodies the entire Unscripted philosophy and Fastlane Entrepreneurship and what separates the 99% (rat-racers) from the 1% (scientific producers).

While a lot of this is explained earlier in TGRRE (this chart appears near the end) it is pretty self explanatory.

The two most important, IMO, relate to math.

Specialized Skill VS Specialized Unit
Mort time = More Money VS More Units = More Money

If someone wants a summation of my 3 books and the philosophy contained therein, this chart does a masterful job.

View attachment 40688

There are other things missing from the list, so feel free to add.

For example, another item that isn't included is related to the Commandment of Control....

99% Thought Form: Following
1% Thought Form: Leading

99% Thought Form: Innovating
1% Thought Form: Copying

Awesome list, MJ! This is kind of exciting and comforting to see for me, because I made a very similar list years ago of 'Losers vs Winners'. I put a shortened version on the forum here.

MINDSET - Losers vs Winners

Hi everyone, I'm new to the forum. I wanted to share a big paradigm I have of Losers vs Winners to see what other like-minded people think. A lot of these ideas came to me as I watched other people at a terrible job I had. LOSERS WINNERS Think small Think big Think short-term Think...

www.thefastlaneforum.com

I put things like 'Thinks it's luck / Knows it's skill' and 'Fears change / Makes change happen'. I even put 'consumers', but it took me a long time to realize that the good equivalent was a producer. I was kind of shocked when your books told me the same thing!

 

[Jpeveryday]

Money loses value and doesn't pay you, the goal is to put the money to work through assets and investments. Idle money will be wasted. It pays to be broke.

Ah, so like cash , not "money"

 

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[MJ DeMarco]

Another...

Fixed mindset vs Growth mindset...

 

[jdm667]

99% point out a problem, complain about the situation, and blame others for it.

1% acknowledges the problem, takes responsibility, and finds a solution (and gets paid well to do so).

 

[Itizn]

99% excuses
1% solutions

 

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[RyanSki]

I pulled this from my new book, The Great Rat Race Escape , namely from the Perseverance Strategy (#114).

This chart truly embodies the entire Unscripted philosophy and Fastlane Entrepreneurship and what separates the 99% (rat-racers) from the 1% (scientific producers).

While a lot of this is explained earlier in TGRRE (this chart appears near the end) it is pretty self explanatory.

The two most important, IMO, relate to math.

Specialized Skill VS Specialized Unit
Mort time = More Money VS More Units = More Money

If someone wants a summation of my 3 books and the philosophy contained therein, this chart does a masterful job.

View attachment 40688

There are other things missing from the list, so feel free to add.

For example, another item that isn't included is related to the Commandment of Control....

99% Thought Form: Following
1% Thought Form: Leading

99% Thought Form: Innovating
1% Thought Form: Copying

I understand all of these concepts except one. I’m having some trouble wrapping my head around it.

The 99% Thought: Innovating vs. 1% Thought: Copying.

I understand I shouldn’t try to create a entirely new thing. But innovating is a large component to value skew. Just copying won’t get you there. When you copy, people only look at price. What am I getting wrong, MJ? Or anyone else who would like to respond?

 

[doster.zach]

99% Defense vs 1% Offense

Only one I think that doesn't speak for itself and could be misinterpreted, but is covered well in the book.

 

[jdm667]

I understand all of these concepts except one. I’m having some trouble wrapping my head around it.

The 99% Thought: Innovating vs. 1% Thought: Copying.

I understand I shouldn’t try to create a entirely new thing. But innovating is a large component to value skew. Just copying won’t get you there. When you copy, people only look at price. What am I getting wrong, MJ? Or anyone else who would like to respond?

I think innovation in a small way is important for success.

Don't copy your competitor 100%. Instead, do something similar, but improve the parts people don't like (based on reviews, market research, etc.)

If your idea is too new and unlike anything else, you now have the job of creating a market for it (instead of just selling it to part of an existing market).

 

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[MJ DeMarco]

The 99% Thought: Innovating vs. 1% Thought: Copying.

It is backward... 1% = Innovating, 99% copying.

 

[eramart]

It is backward... 1% = Innovating, 99% copying.

It can actually work both ways, can’t it? ) Adjusting value instead of trying to think of new shiny idea, and finding useful disruptive idea in a sea of copycats. Context matters )

 

[doster.zach]

99%: Becoming wealthy is a zero-sum game.
1%: Wealth is created and you can grow the entire pool without taking from others.

 

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[jackhos1]

Great points. For the point Specialized Skill VS Specialized Unit

I like to remind people that if you have a specialized skill you can develop a Specialized unit around that skill. For example, instead of spending time coding websites for clients, make a website that solves a problem and that people can pay for.

 

[einsteinii]

I pulled this from my new book, The Great Rat Race Escape , namely from the Perseverance Strategy (#114).

This chart truly embodies the entire Unscripted philosophy and Fastlane Entrepreneurship and what separates the 99% (rat-racers) from the 1% (scientific producers).

While a lot of this is explained earlier in TGRRE (this chart appears near the end) it is pretty self explanatory.

The two most important, IMO, relate to math.

Specialized Skill VS Specialized Unit
Mort time = More Money VS More Units = More Money

If someone wants a summation of my 3 books and the philosophy contained therein, this chart does a masterful job.

View attachment 40688

There are other things missing from the list, so feel free to add.

For example, another item that isn't included is related to the Commandment of Control....

99% Thought Form: Following
1% Thought Form: Leading

99% Thought Form: Innovating
1% Thought Form: Copying

Nice,
I believe in today and also time is money.
I like to go with mix approach to what you have explained above.
Like, balance and commitment are essential elements needed for every successful things.

 

[Kunda]

The 1% negatively charged to $?

Can someone help explain this ?

Great list ...really had to think thru each distinction

Very anti chasing $ (very pro chasing solutions/value).

The 1% negatively charged to $?

Can someone help explain this ?

Great list ...really had to think thru each distinction

 

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[OleksiyRybakov]

I am a software developer interested in software architecture and teaching it and it is interesting to read that 1% embrace change while 99% resist change.

When developing software, frequent change might negatively impact the software quality and introduce more and more bugs over time. Software architecture has been created to reduce the amount of time spent on changing software and to simplify software maintenance. Also, software architecture focuses on the things that have constantly worked in the past (design patterns) and on those principles that do not change as frequently.

How is it possible to become a 1%-mindset person in a field which makes profit from less change?

 

[MJ DeMarco]

I don't think I could ever get the Fastlane/Unscripted philosophy on 1 page, but this chart does it.

I'm going to frame this and put one in my office since I have about 2 dozen shelves to decorate.

Shall I make these available for sale in a black framed version? If there is interest, I can do it.