Network = Networth - 7 Steps
Summary
TLDRThe video emphasizes that personal influence, unlike material assets, holds enduring value. It outlines seven key principles for building influence: speak less and listen more, ask questions to understand others' desires, help people achieve their deep goals, keep detailed records of interactions, avoid insincere flattery, maintain humility, and lead with honor. True leadership stems from helping others without expecting anything in return. Ultimately, influence is not about wealth or power but about honor and how it’s given to the right people.
Takeaways
- 💬 Close your mouth and listen more: Let others speak 80% of the time and you only 20%, focusing on listening rather than talking.
- ❓ Ask questions to lead conversations: Use 80% of your talking time to ask questions and understand what the other person truly wants.
- 🎯 Discover deep desires: Listen carefully and ask the right questions to uncover the deep desires of others and help them achieve those desires.
- 📝 Keep records of conversations: Listen intently and make notes afterward to recall key details before future meetings.
- 🛑 Avoid fake flattery: Be sincere with compliments, as influential people dislike insincerity and weakness.
- 🌱 Be humble: Keep your ego in check and avoid being easily triggered or critical, as a large ego can be a hindrance to influence.
- 👑 Act as a leader: A true leader cares for others without expecting anything in return and takes responsibility for mistakes.
- 🛡️ Prioritize honor over material wealth: Influence grows from being honorable, not from wealth or possessions.
- 🤝 Build influence through service: Helping others achieve their goals is a key path to building personal influence.
- ⚖️ Maintain integrity and humility: Honor and integrity are crucial in environments of influence, and they should guide your actions.
Q & A
What is the currency mentioned in the script that is not affected by inflation?
-The currency mentioned in the script that is not affected by inflation is personal influence.
How can one start building personal influence when they have nothing?
-One can start building personal influence by following simple rules such as controlling the amount they speak, asking questions to understand others, and focusing on helping others achieve their desires.
What is the 80/20 rule mentioned in the script?
-The 80/20 rule suggests that you should let the other person talk 80% of the time and limit yourself to speaking 20% of the time. Additionally, 80% of your speaking time should be spent asking questions.
Why is it important to ask questions according to the script?
-Asking questions is important because it helps you understand what the other person really wants and how you can connect with them based on your own desires.
What does 'DI for deep desires' mean?
-'DI for deep desires' means identifying the deep, underlying desires of a person by listening carefully and asking insightful questions, and then helping them achieve those desires.
Why should you keep records of your conversations?
-You should keep records of your conversations so you can review them before future meetings, showing that you value the other person and understand their needs and desires.
Why is it important not to use fake flattery?
-Fake flattery is discouraged because influential people dislike it, having heard it many times before. They prefer sincerity and are more likely to support strong, humble, and loyal individuals.
How does humility play a role in building personal influence?
-Humility is important because influential people value those with small egos who are not easily triggered or critical of others, as they are seen as more reliable and less problematic.
What qualities define a true leader according to the script?
-A true leader looks out for their people without expecting anything in return, takes responsibility for mistakes, improves quickly, and acts out of honor rather than ego.
How is honor described as a key to influence?
-Honor is described as something that is not owned or desired, but rather given to the right people. Being honorable, acting with integrity, and maintaining one's principles are keys to building influence.
Outlines
💼 Building Personal Influence
This paragraph emphasizes the importance of personal influence as a valuable currency unaffected by inflation. It provides seven rules for building such influence: 1) Practice the 8020 rule by listening more and talking less; 2) Ask questions to understand others' desires; 3) Discover and help fulfill others' deep desires; 4) Keep records of conversations to remember details; 5) Be sincere and avoid flattery; 6) Be humble, as influential people value humility; 7) Be a leader who looks out for others and acts with honor. The paragraph concludes by stating that honor, not possessions, is the key to influence.
Mindmap
Keywords
💡Influence
💡80/20 Rule
💡Ego
💡Deep Desires
💡Sincerity
💡Humility
💡Honor
💡Questions
💡Leadership
💡Integrity
Highlights
The currency that will never be touched by inflation is personal influence.
To build personal influence, follow simple rules.
Rule one: Let others talk 80% of the time to kill your ego.
Rule two: Apply the 8020 rule by asking questions 80% of the time.
Rule three: Discover and help others achieve their deep desires.
Rule four: Keep records of conversations to understand desires better.
Rule five: Be sincere and avoid fake flattery.
Rule six: Be humble to gain respect in the room of influence.
Rule seven: Be a leader who looks out for others without expecting return.
Honor is the key to influence; it's about what you give, not what you own.
Influential people hate and exploit weak people but support strong, humble, and loyal ones.
True leaders take responsibility for mistakes and improve quickly.
A true leader's power grows by acting out of honor, not ego.
If you don't have money or assets, honor is the way to come to influence.
Influence is built by being honorable and giving to the right people.
Influential people value you by the size of your ego; a big ego is a problem.
To be influential, leave your ego outside and bring in your honor and integrity.
Influential people appreciate those who are not easily triggered and do not criticize often.
Transcripts
there is one currency that will never be
touched by
inflation it will always be high in
value this currency is not Bitcoin or
gold or real
estate it is personal influence how do
you build it when you have
nothing I have some simple rules for you
number one close your stupid mouth you
talk too much and play the 8020 rule let
the other person talk
80% and you 20% of the time kill your
ego number two who questions
leads apply again the 8020 rule when you
talk use 80% of the time for asking
questions this is how you find out what
the other person really want and how you
can connect to this what you really want
number three di for deep
desires you need to listen and question
well because you want to get to deep
desires of a person and then help them
achieve them some want Power some want
wealth some just want peace help them
and you will be helped this is influence
number
four keep
records when you talk to someone listen
like your life depends on it and
afterwards make notes that you can look
up before you meet again the world is
small but the desires are big and will
rarely change number five do not be a
Suka influential people hate fake
flattery
they hurt it a million times be sincere
with your compliments don't say yes to
everything influential people hate and
exploit weak people but will support
strong people if they are humble and
loyal number
six be
humble influential people will value you
by the size of your ego
if you have a big ego if you are easily
triggered and criticize others often
then you are not just annoying but you
are potential problem leave your ego
outside of the door before you enter a
room of
influence but take in your honor and
your
integrity and finally of course number
seven be a leader a true leader looks
out for his people without expecting
return a true leader will take
responsibility for mistakes and improve
quickly a true leader acts never out of
ego but always out of Honor this is how
his power grows day by day if you don't
have a lot of money and assets there is
only one way to come to
influence honor honor is never what you
own or what you want but what you give
to the right people this is your
influence be honorable
[Music]
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