Develop A Workaholic Mentality | Brian Tracy

jamestarmstrong
26 Feb 201401:50

Summary

TLDRThe script advocates for a relentless work ethic and a 'workaholic' mentality as essential for success. It challenges the modern trend of advocating for work-life balance and suggests that those who want to excel must outwork the competition. By focusing on a ‘40 plus formula’, where working beyond 40 hours a week is seen as an investment in one’s future, the speaker highlights that the average self-made millionaire and top executives work 59+ hours weekly. The core message emphasizes that early success requires working harder, smarter, and longer than others.

Takeaways

  • 😀 Focus on developing a workaholic mentality to succeed in today's competitive world.
  • 😀 People advocating for balance, relaxation, and fun at work are often seen as 'losers' in this context.
  • 😀 Work-life balance should only be pursued after achieving success, not before.
  • 😀 Success requires intense competition with others who are also striving for success.
  • 😀 To succeed, you must work harder, smarter, and longer than your competitors.
  • 😀 The '40+ formula' suggests that working 40 hours a week results in mere survival.
  • 😀 Hours worked beyond 40 are seen as an investment in your future success.
  • 😀 The number of hours you put in beyond 40 can predict your future success with high accuracy.
  • 😀 On average, self-made millionaires work 59 hours a week to reach their success.
  • 😀 Top executives also tend to work 59 hours a week on average.
  • 😀 If you're limited to 40 hours, invest extra time in improving yourself and your work skills.

Q & A

  • What is the key mentality discussed in the script?

    -The script emphasizes developing a workaholic mentality, where individuals must work harder, smarter, and longer than others to succeed.

  • What is the significance of the '40 plus formula' mentioned in the script?

    -The '40 plus formula' suggests that working 40 hours a week is merely for survival, and anything beyond that is an investment in your future, contributing to progress and success.

  • What is the typical workweek of self-made millionaires in America according to the script?

    -The average self-made millionaire in America works about 59 hours a week, with some working as many as 70, 80, or even 90 hours.

  • How does the workweek of top executives compare to self-made millionaires?

    -Top executives also work an average of 59 hours a week, similar to self-made millionaires.

  • What does the script suggest about the importance of working more than 40 hours?

    -The script suggests that working more than 40 hours is essential for making progress and excelling in your career. The additional hours are seen as investments in one's future.

  • How does the speaker view people who advocate for balance and relaxation in the workplace?

    -The speaker criticizes those who advocate for balance and relaxation, labeling them as 'losers.' The speaker argues that hard work and sacrifice are necessary to achieve success.

  • What is the implication of the statement 'you are in a competition with hundreds of thousands of people'?

    -The statement implies that success requires intense competition, and in order to stand out, individuals must outwork and outsmart others who are also striving for success.

  • What does the speaker mean by saying, 'you can tell what your future is going to be by looking at how many hours over 40 you put in'?

    -The speaker means that the amount of time you invest beyond the standard 40-hour workweek directly correlates with the future success and progress you will achieve.

  • What advice does the speaker give for individuals who cannot work more than 40 hours in an office?

    -The speaker advises those individuals to spend their extra time improving their skills and investing in personal growth so they can perform better in their work.

  • What is the underlying message of the script regarding work and success?

    -The underlying message is that success requires hard work, sacrifice, and a relentless drive. One must invest extra hours into their work and self-improvement to stand out and achieve greatness.

Outlines

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Keywords

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Highlights

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Transcripts

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Work EthicSuccess MindsetHard WorkSelf-Made MillionaireProductivity TipsMotivationCareer GrowthWork HoursEntrepreneurshipInvestment in Self
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