Control Your Emotions - WATCH THIS | Jim Rohn Motivation

Summary

The transcript discusses the 'Law of Averages' and how it applies to success, particularly in business and personal growth. It emphasizes persistence despite failures, using the example of a farmer who continues to plant even after a bad season. The speaker explains that consistent effort leads to better outcomes over time. The 'Law of Averages' suggests that, while not every attempt will succeed, continued action will yield results. The talk also touches on the importance of faith, using opportunities wisely, and the natural ratio of effort to success.

Takeaways

• 🌱 The Law of Sowing and Reaping: More often than not, if you plant seeds in the spring, you'll reap a harvest, though there are no guarantees.
• 🎲 The Law of Averages: The more often you do something, the more predictable the outcomes become, improving your chances of success over time.
• ⚾ Batting Average Principle: In sales and business, even if you start with low success rates, persistence and repetition will improve your results.
• 🐦 Birds, Rocky Ground, and Thorns: Not every effort will succeed; distractions, obstacles, and failures will always exist, but persistence is key.
• 💯 Good Ground: Eventually, efforts will yield results if you keep planting and working; some will produce higher yields (30%, 60%, 100%).
• 👩‍🏫 The 80/20 Rule: In most endeavors, 20% of people or actions contribute to 80% of the results. Managing time and resources accordingly is crucial.
• 🔄 The Law of Use: Whatever talent or ability you don't use will diminish over time. Regular use and practice are necessary to maintain and grow skills.
• 💪 Faith in Action: Faith involves seeing things as they are, imagining them better, and working towards improvement. It’s a combination of vision and effort.
• ⛔ Don’t Blow Things Out of Proportion: Faith requires seeing things accurately, not worse than they are, and not setting unrealistic expectations.
• 🕰️ Time Management: Spend more time with the productive 20%, and less with the 80% who contribute less, ensuring efficiency in business or life.

Q & A

What is the 'law of averages' as described in the transcript?

The 'law of averages' states that if you do something often enough, you will get a predictable ratio of results. Over time, the likelihood of a desired outcome increases. For example, in sales, if you talk to 10 people, you might close 1 sale. As your skill improves, the ratio improves.

Why is persistence emphasized in the story of the farmer?

Persistence is emphasized because even though the farmer's crop may fail due to external factors like a hailstorm, he must continue planting in the next season. The message is that even if previous efforts fail, the law of averages suggests that consistent action will eventually yield results.

How does the speaker use baseball to explain the law of averages?

The speaker uses the example of batting averages in baseball, where a player might get one hit for every 10 swings. Just as a baseball player improves their chances by swinging more often, a salesperson or entrepreneur can improve their results by increasing their efforts, even if their success rate starts low.

What does the speaker mean by 'making up in numbers what you lack in skill'?

The speaker suggests that if you're new to something and lack the necessary skills to be highly successful, you can compensate by putting in more effort or taking more action. Over time, as your skill improves, you'll need less effort to achieve the same results.

What role do distractions (the 'cares of life') play in preventing success, according to the script?

Distractions, referred to as the 'cares of life,' such as small tasks and duties, can prevent people from taking advantage of larger opportunities. These distractions, like fixing a screen door or cleaning the garage, can choke out progress if not managed properly.

How does the parable of the sower relate to the law of averages?

In the parable of the sower, the farmer plants seeds, and some are lost to birds, rocky ground, or thorns, representing the inevitable challenges in life. However, if the farmer keeps planting, some seeds will fall on good ground and produce a harvest. This illustrates the law of averages — continued effort eventually leads to success.

What does the speaker mean by 'you can't straighten that out' in reference to certain challenges?

The speaker refers to challenges like people quitting or distractions preventing success as things that are beyond your control. Instead of trying to fix every problem, the focus should be on continuing the effort, as the law of averages will eventually lead to success.

What does the speaker say about the 80/20 rule in business?

The speaker explains the 80/20 rule, where 20% of people do 80% of the work or business, and 80% of people do 20%. This principle is consistent across many areas, and it's something that can't be changed but must be understood and worked with.

How does faith play a role in achieving success, according to the speaker?

Faith is described as the ability to see things as they are and envision them as better than they currently are. Faith helps turn difficulties into positive realities. It involves seeing potential in the future and taking action to make improvements.

What is the 'law of use' and its significance?

The 'law of use' states that whatever you don't use, you lose. If you don't use your talents, abilities, or resources, they will diminish over time. For example, if you stop using your physical or mental abilities, they weaken. Therefore, it's important to continuously apply and develop your skills to avoid losing them.