21 Principles of Success
Introduction
- Success attributed to luck, grace, timing, and principles.
- Principles useful for fast-tracking luck and attracting wealth.
Principle 1: Be Misunderstood
- Close ones might not see your potential.
- Success often requires periods of being misunderstood.
- Be authentically you despite misunderstanding.
Principle 2: Ask Better Questions
- Asking better questions can lead to clarity and problem-solving.
- Example technique: the 1-3-1 rule for problem-solving.
Principle 3: Be Resourceful
- Use creativity and resourcefulness to overcome obstacles.
- Example: Elon Musk funding Mars colonization through Starlink.
Principle 4: Give to Get
- Helping others helps reinforce your own achievements.
- Law of reciprocity: receive in proportion to what you give.
Principle 5: Have Extreme Ownership
- Take full responsibility for situations.
- Control what you can (controllables) to respond effectively.
Principle 6: Learn, Do, Teach
- Continuous learning and sharing of knowledge.
- Send the elevator back down for others – share your success.
Principle 7: Invest in Your Priorities
- Align time and money with your goals.
- Prioritize investments in skills, resources, and networks.
Principle 8: Ask for Bigger Problems
- Bigger problems lead to bigger growth and success.
- Embrace challenges as opportunities to develop skills.
Principle 9: Everything is a Blessing or a Lesson
- Use failures as learning opportunities.
- Challenges guide you toward your higher self.
Principle 10: Scare Yourself Every Day
- Set challenging goals for personal growth.
- Use fear as a signal for where you need to grow.
Principle 11: Be a River, Not a Reservoir
- Share knowledge freely to build trust and attract opportunities.
- Marketing can help more people than your product alone.
Principle 12: Praise in Public, Criticize in Private
- Encourage positive reinforcement and maintain team dignity.
- Use private settings for critical feedback.
Principle 13: Understand the Four C’s of Leverage
- Content, Capital, Code, and Collaboration for scaling success.
- Mastery of these skills can lead to unlimited potential.
Principle 14: Buy Back Time
- Prioritize time over money for personal growth.
- Delegate tasks to focus on value-adding activities.
Principle 15: The 10-80-10 Rule
- Creative projects benefit from initial guidance, delegated execution, and final editing.
Principle 16: The 10x Mindset
- Aim for exponential growth by adding a zero to your goals.
- Requires fundamental shifts in thinking and execution.
Principle 17: Four Levels of Luck
- Pure luck, grit luck, skilled luck, prepared luck.
- Success attracts opportunities from others’ luck.
Principle 18: Be Blissfully Dissatisfied
- Appreciate what you have while striving for more.
- Prepare for future successes by aligning desires with actions.
Principle 19: Make it About Other People
- Focus on serving others to activate personal success.
- Contribution over achievement leads to fulfillment.
Principle 20: Think in Decades, Not Days
- Success requires long-term commitment and vision.
- Dedicate yourself to goals for the long haul.
Principle 21: There’s No Place to Get To
- Enjoy the journey and find fulfillment in the process.
- Self-worth should not be tied to external achievements.
These principles are designed to guide individuals toward achieving success by focusing on mindset, resourcefulness, responsibility, and long-term vision. Implementing these principles can help fast-track success and attract wealth and opportunities.