The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone explains that if you want to achieve big goals then you don’t want to settle for ordinary, but you want to aim higher, then 10x rule is the level of action necessary to achieve them. The book sets out a framework for achieving massive success.
My key Take away: Effort
One of the key take away’s I got from this book were that if things aren’t going as you planned, and you’re not getting the results you expected, you either underestimated the amount of effort needed to be successful, or you’re not putting in the work to be successful.
In other words, there is no short cut to success. Work hard, stay focussed and keep working hard
4. Little Bets: How Breakthrough Ideas Emerge From Small Discoveries
Little Bets: How Breakthrough Ideas Emerge From Small Discoveries – By Peter Simms is a book about minimising the downside, whilst maximising the upside. It explains how success entrepreneurs don’t put all of their eggs into one basket. In other words they make lots of little bets. If the results of the little bets pay off, then they invest more money and essentially minimise their risks. If the little bet doesn’t pay off, then they haven’t bet the farm.
My Key take away: Make Lots of little bets
Make lots of little bets to test out your ideas. Test your ideas in such a way that you minimise investment and maximise the learning opportunity. Consequently you should be clear about what success looks like so that you know when when the little bet pays off.
5. The 4-Hour Work Week
The 4 Hour Work Week – by Tim Ferriss introduced the idea of lifestyle design. Essentially using technology to allow you to work from anywhere and using virtual assistants to streamline your business. Whist the book isn’t really about working only 4 hours, it’s about using systems and simplicity to minimise your direct involvement in your business, so that you may spend the time travelling or learning a new skill.
My Key take away: Don’t be a slave to email
Many people spend their whole day with email open. When an email comes in they slavishly open the email and deal with it. Rather like a factory worker fixing an item to the next part coming down the production line. So Ferriss encourages that you work on your own terms, rather than someone else’s.
Ferriss recommends checking email twice daily (mid morning and late afternoon). Rather than checking email first thing, he recommends that you get most important task of the day completed first.