The 15 Laws of the Top 0.001%

Summary

The video script outlines 15 fundamental laws for achieving success, shared by a self-made millionaire. It emphasizes the importance of having a clear aim, believing in one's abilities, maintaining a positive attitude, and being persistent. It also touches on the significance of self-discipline, learning from failures, and taking accountability for one's actions. The speaker encourages viewers to be authentic, upgrade their relationships, play to win, and invest wisely. Moreover, the script advises on the power of expressing preferences, being 'incompetent' to empower others, and protecting one's reputation as keys to attracting success.

Takeaways

• 🎯 **Have a Clear Aim**: Success begins with a defined goal or aim, as emphasized by Napoleon Hill in 'Think and Grow Rich'.
• 🌟 **Believe in Your Ability**: Reading biographies of successful people reveals a common trait: the ability to hold a vision until it becomes reality.
• 🔮 **Visualize Success**: Visualization is key to achieving success; it requires seeing yourself in the future you desire.
• 🌞 **Maintain a Positive Attitude**: Your mindset and the way you perceive the world can either open doors to opportunities or reinforce negative beliefs.
• 🤯 **Embrace Being 'Weird'**: Success often requires stepping outside the norm and embracing uniqueness.
• 🏋️‍♂️ **Develop Self-Discipline**: Consistency and commitment to oneself are crucial for building self-confidence and achieving success.
• 🏆 **Learn from Failure**: Adopting a mindset of 'either you win or you learn' helps in gaining valuable insights from setbacks.
• 🔒 **Show Relentless Tenacity**: Persistence and resilience are vital; focus on the course until success is achieved.
• 🤔 **Take Extreme Accountability**: Owning your actions and responses to situations is a powerful way to take control of your life.
• 🗣️ **Be Impeccable with Your Word**: Keeping commitments and being reliable builds trust and integrity, both with others and oneself.
• 💡 **Upgrade Relationships**: Surrounding yourself with supportive and positive influences is crucial for personal growth and success.
• 🚀 **Play to Win**: Successful people are in 'wealth creation mode', always seeking new opportunities rather than just preserving what they have.
• 📣 **Express Your Preferences**: Don't be afraid to ask for what you want; success often comes to those who voice their desires and needs.
• 💰 **Prioritize Investments**: Wealthy people invest in assets that generate income, focusing on long-term gains rather than immediate consumption.
• 🛑 **Be Incompetent (Selective Delegation)**: Delegate tasks effectively to empower others and avoid becoming a bottleneck in your own success.
• 🛡️ **Protect Your Reputation**: Your reputation is a cornerstone of success; it's built on consistent delivery, integrity, and trustworthiness.

Q & A

What is the first law of success mentioned in the script?

The first law of success is to have an aim. It emphasizes the importance of having a clear goal or destination in life to attract success.

Can you explain the concept of 'speed to attract' as described in the script?

The 'speed to attract' is a framework that involves having 100% clarity about what you want to create, 100% belief in achieving that outcome, and maintaining that belief consistently. These three factors determine how quickly you can attract your desired future into your current reality.

Why is it important to visualize and believe in your ability to achieve success?

Visualizing and believing in your ability to achieve success is crucial because it allows you to hold a vision until it becomes true. It helps you to see yourself in the state of achievement and to act as if it's already true, which is a powerful tool for creating belief and attracting success.

What does the script suggest about the relationship between visualization and achieving a future outcome?

The script suggests that you can never achieve a future that you can't first see in your mind. Visualization is a key component in creating a belief in the possibility of achieving a desired outcome.

How does the script define a 'positive mental attitude' and why is it important for success?

A 'positive mental attitude' is defined as the ability to frequently see opportunities, abundance, grace, and kindness in life. It is important for success because it shapes your perception of the world and influences the opportunities you attract.

What is the significance of being 'weird' in the context of success as per the script?

Being 'weird' or abnormal is significant for success because it means stepping outside of the norm and not conforming to what is considered 'normal'. It is about being unique and taking a different path, which can lead to extraordinary achievements.

How does self-discipline play a role in achieving success according to the script?

Self-discipline is essential for success as it involves being consistent, keeping commitments to oneself, and building self-confidence. It is the strongest form of self-love and is necessary for maintaining momentum and avoiding self-implosion as one's success grows.

What is the meaning of 'either you win or you learn' as a law of success?

'Either you win or you learn' means that regardless of the outcome, there is always something to gain from the experience. Setbacks are valuable learning experiences, and it is important to learn from mistakes to avoid repeating them.

Why is relentless tenacity important for success?

Relentless tenacity is important for success because it involves continuous forward movement, resilience, and the ability to focus on a single course until successful. It helps in overcoming challenges and not giving up when faced with difficulties.

What does the script suggest about the role of accountability in achieving success?

The script suggests that taking extreme accountability is crucial for success. It involves focusing on controllable factors and responding effectively to situations. Accountability gives you agency and power over your circumstances.

Why is it important to be impeccable with your word according to the script?

Being impeccable with your word is important because it builds trust and integrity with others. It means keeping commitments and being reliable, which in turn attracts similar qualities in others and contributes to success.

How does upgrading relationships contribute to success as per the script?

Upgrading relationships contributes to success by ensuring that you surround yourself with positive influences who support your dreams and aspirations. Cutting out toxic relationships allows for the space to invite people who add value to your life.

What is the difference between 'playing to win' and 'playing not to lose' in the context of success?

'Playing to win' is about seeking opportunities for growth and creation, whereas 'playing not to lose' is about preserving what one already has and avoiding mistakes. Successful people are in wealth creation mode, always looking for the next opportunity.

Why is it important for successful people to express their preferences?

Expressing preferences is important because successful people ask for what they want. Most people struggle to get what they want because they never ask for it. Even small things can compound, and asking for what you want is a key step in achieving it.

How does prioritizing investments differ between broke, middle class, and wealthy people according to the script?

Broke people use money to buy things, middle class people use money to improve their credit score to buy nicer things, while wealthy people invest in income-generating assets. Wealthy people have longer time horizons and invest with the future in mind.

What does the script mean by being 'incompetent' in the path to wealth?

Being 'incompetent' in this context means transitioning from an operator to an owner mindset. It's about working through people and not always having the answers, which empowers others to step up and take ownership of projects, leading to freedom and wealth.

Why is protecting your reputation important for success?

Protecting your reputation is important because success is about reach and reputation. Being known well and having a reputation for delivering on promises and commitments attracts more opportunities and people who want to do business with you.