Dear Entrepreneur, Here Are 13 Thoughts That Will Change Your Life

KEY POINTS
Albert Einstein once said, "Learn from yesterday, live for today, hope for tomorrow." The statement might sound simple, but the thought-process behind it is all one needs to implement. What you think is a tiny fraction of the greater good out there.
KEY TAKEAWAYS
The successful, in any endeavor, learn from their failures and mistakes and keep moving forward. The successful see failure as feedback. One of the most vital indicators of how failure impacts a person long-term is how they respond right after it takes place
Sometimes, to become successful and get closer to the person we can become, we don’t need to add more things; we need to give up on some. Great thoughts often make a lasting and honest impact on the human brain and life in general.
There is something about listening to different perspectives; it broadens your horizons and fills your soul with a bit of light. Every year that adds to your life reflects your persona. Like it or not, the way you think is crucial in building your outlook on how you see this world and life.
Albert Einstein once said, “Learn from yesterday, live for today, hope for tomorrow.” The statement might sound simple, but the thought-process behind it is all one needs to implement. What you think is a tiny fraction of the greater good out there.
- Meta/Hacks
When they tell you you’ll be rich by cutting out avocado toast and coffee while taking cold showers, they’re selling hacks. Wealthy people don’t do hacks; they focus on improving their thinking. To succeed in life, improve your thinking
- Pareto Principle
The Pareto principle states that roughly 80% of consequences come from 20% of causes for many outcomes. This is why you can watch Netflix, eat avocado toast and drink Starbucks and still be a millionaire, if you focused on the right 20%. Figure out the right areas to focus on and make that your priority.
- Know, Plan, Do
You can achieve whatever you want if you follow these three steps: Know what you want, understand what it takes, and do the work—day in and day out. It is that simple, and remember, a crap map is better than no map.
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- Stop beating yourself over everything
Highs and lows are part of life. Failures are meant to be, and we can’t beat ourselves for everything that goes wrong. Stop putting yourself on some moral compass; even the greatest people make mistakes. Be it business or personal; mistakes are bound to happen.
- Automate life
As a millennial, your responsibilities will begin piling up as soon as you graduate from college. These often mundane, everyday tasks can leave you thinking. We make 35,000 decisions a day. This can often lead to decision fatigue, which means you will make bad decisions.
- The law of action
The law of action states that we must take action in our lives to see changes happen. Every action we take creates a result. The law of action also says that if we do nothing, then nothing will happen. People focus on the law of action, which is a mistake. Instead, focus on your actions.
- Exponential thinking
Exponential thinking means shifting your mental model of change. Perhaps the most fundamental area where we need to update our mental models is from an incremental model of change to an exponential one
People think incrementally about life. They think if you invest each month, you’ll incrementally improve, not realizing at some point that compounding will drive exponential results.
- Radical ownership
Radical ownership takes full responsibility for our thoughts, words, and resulting action or inaction. Nothing matters more than owning your own mistake. Nobody is going to write you a cheque. They aren’t going to do your work for you. They aren’t going to run a marathon for you. Own your own mistake
- Ignore them
At first, they will laugh at you, then they will make fun of you, after a while, they’ll ask you questions later, they will tell everyone they know you, and You will only get to the last step if you learn to ignore the haters.
- Growth mindset
In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work; brains and talent are just the starting point. Some people think learning ends when you graduate from college. They never read a book again. To succeed, have a growth mindset, and realize you’re never done learning.
- Abundant mindset
Some think there isn’t enough to go around, that if you win, they lose. They can’t give you a piece of the pie because it means less pie for them. This is a scarcity mindset, and it leads to failure and sadness.
- The law of choice
Make the right choices. Everything we do in life is a choice. If we stay in a job we don’t like, it’s a choice. If we are in a relationship we don’t like, it’s a choice. There are consequences to changing those situations, which is a choice we make.
- Failure as feedback
The successful, in any endeavor, learn from their failures and mistakes and keep moving forward. The successful see failure as feedback. One of the most vital indicators of how failure impacts a person long-term is how they respond right after it takes place
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