Re-wire your brain to get RICH in 12 mins

Summary

The video explains why most people get stuck in a loop of trying and failing to make money online. It argues that we focus too much on the pain of mistakes instead of the joy of success. To break this cycle, it advises setting a target, identifying gaps in skills/resources preventing you from hitting it, working to close those gaps through practice and failure analysis, and repeating until you succeed. This process allows you to minimize time spent making painful mistakes so you can enjoy the fruits of your labor faster. But wasting time on distractions will prevent you from dedicating enough effort to follow this methodology.

Takeaways

• 😀 To get rich, you need to break out of the perpetual loop of starting over instead of learning from your mistakes
• 😉 Set a clear target for the income level or business scale you want to achieve
• 🧐 Identify the skills, knowledge and resources you lack to hit your target - this is the gap
• 👨‍🏫 Work on acquiring what you lack to close the skill/knowledge gap
• 👍 Accept that mistakes are part of the learning process, don't avoid them
• ❓ Analyze why you made each mistake so you can avoid repeating it
• ⏱ Clear your schedule and focus only on priority tasks that move you towards your goal
• 😊 Persist through the mistakes and hardship until you have the skills to succeed
• 🔥 Apply proven frameworks for creating compelling, profitable online offers
• 🚀 Success comes from closing your skill gaps, learning from mistakes and persisting

Q & A

What is the main reason people get stuck in a loop and are unable to make money online?

People focus too much on the pain and mistakes instead of pushing through to get to the point where they are actually winning and making money. This causes them to quit and restart the painful early process over and over.

What is negativity bias and how does it impact people's ability to succeed?

Negativity bias means humans evolved to pay more attention to negative experiences like mistakes and pain. This causes people to focus too much on failures instead of positives when trying to build a business, making them want to quit.

What are the key steps of the process outlined to reach your target?

The key steps are: 1) Set a clear target 2) Identify the gap in skills/resources needed to hit the target 3) Work to close those gaps 4) Try and make mistakes 5) Analyze why you made those mistakes to further close gaps 6) Repeat process until you hit target

How can you spend less time making painful mistakes?

By taking the time to set clear targets, identify gaps, acquire missing skills and knowledge to close those gaps, and analyze your mistakes to further close gaps. This shortens the painful early mistake period.

What things do people spend time on that waste time instead of moving their goals forward?

Things like watching Netflix, hanging out with friends just for fun, worrying about unimportant problems like home decor, new shoes, etc. These don't help you acquire the skills to hit your financial targets.

What resources are recommended for learning how to create profitable online offers?

The video creator recommends checking out their free course in the description on how to create million dollar offers. It provides a proven framework successful online offers follow.

What is the advantage of using the gap framework outlined in the video?

It helps you clearly identify the gaps in skills/knowledge preventing you from hitting your income goals and gives a process to close those gaps efficiently so you can spend less time making painful mistakes and more time being profitable.

Why do most people fail to set clear targets with their income goals?

They don't realize targets are important. Without clear targets you lack direction, like firing a missile without specifying what you want to hit. Unclear goals also make gaps harder to identify.

What are some examples of gaps people may need to close to achieve their income targets?

Getting customers, creating good products, using marketing/social media effectively, having the right business model or offer in place to make sales.

Why do people repeat the most painful part of the process instead of seeing it through?

Because they focus too much on the pain of mistakes due to negativity bias. So they quit to escape the pain without realizing with persistence the mistakes reduce until profit comes.