The 10x rule and 10x thinking

This blog is going to be little bit short because I will cover just concept of 10x rule and 10x thinking. I will not provide you any blue print today because you will understand by yourself that what it means and how it works and how you can apply it in your life. And remember again, it can be applied by anyone, in any profession and there is no any age restriction.

# 10X RULE:

10x rule says that, if you want to achieve wny result, then you have to work 10 times more harder than your expectation. For example: If you want to make 50,000 sales in one year, then you have to multiply the effort you think it will take, by 10. Sometimes it seems that working 4 hours is enough to get your result, but its not true, you might have to work 8 hours a day either consciously or unconsciously. And if not, if you get the result without taking 10x action, then CONGRATULATIONS! because it doesn't happen again and again, it is very rare.

# 10X THINKING:

10X thinking says that, for example: If you want to make 1 million dollars than you have to multiply it by 10 (i.e 1×10=10 million dollars) and figure out steps and efforts it takes, and then work on it. Even if you fall down to earn 10 million dollar, then there's a pretty high chance you'll be above your original goal (i.e 1 million dollars).

When you apply 10x rule in your thinking and then applying 10x rule in your action, success is guaranteed because it deadly combination when 10x rule and 10x thinking comes together. There is also a book written on 10x Rule by 'Grant cardone', free book is also available in internet. If you are interested in reading more on this topic then you can read it.



QUOTES OF THE DAY: Don't be confused by what look's like luck to you. Lucky people don't make successful people; people who completely comit themselves to success seems to get lucky in life.
                                                                                                                                                 - unknown

How to invest in yourself?

Actually it's the first step towards success in any sector which many people doesn't know. It doesn't matter either you want to be a doctor, lawyer, engineer, Investor, businessman or want to accumulate great riches. If you want to be successful then you have to invest in yourself. Today I'm gonna show you some way you can invest in yourself and remember their is no any age restriction and profession restriction, any one can do this either you are a student or a businessman it doesn't matter.


       # 5 WAYS TO INVEST IN YOURSELF


1)   To find a mentor.

      Mentor means teacher (guru)/adviser. You can find a mentor who can guide you that what to do and what not to do, who can help you in each step on your way, who can push you up. Mentor will guide you, trains you, motivate you, provide you knowledge and support you to achieve success.

Almost every successful individual has his/her mentor. A mentor is someone who forces you to do something which is necessary in order to succeed even if you don't want to do. A good mentor may scold you or tell you something that you don't like but he will make you succeed at any cost, he takes the whole responsibility by himself but you must have wilingness to succeed. And remember, always find a mentor who is already successful in a sector in which you want to succeed, who listen you, who observe you (on the basis of strength and weakness), and especially who can understand you. If you don't have idea where to find a mentor then you can google it, there are different agencies who can help you.

2)    Read more books

       Read books as much as you can. Reading books means, reading those books in which you are interested, which is related with your goal, you dont have to read school books all day because school doesn't teach you to be an entrepreneur it only teaches to make you employee. Many people love to read comics books but that is just a waste of time. In short, you have to read the books which take you closer to your goal. For example: if you want to be an investor then you have to read the books related to investments and if you want self improvement then you can read self improvement books. Every successful people are readers.

  Warrent Buffet (world best investor) said one of his interview that, he has only become successful by reading the books and nothing else, he started reading balancesheet just at the age of 11. Bill Gates still read five hundred pages every single day, Elon Musk also do the same. And their is also one saying that, "Every leaders are readers". And only reading books is not enough, you have to apply it in your life too.Gain knowledge as much as you can, educate yourself as much as you can, Invest in your knowledge because it will pay you the best dividend. And remember, reading should be done every single day, if you read only 25 pages a day, then it will be 9000+ page in a year and it really matters.


3)    Go on a course

       Taking courses will boost your mind, you will learn something new. For example: taking courses on investment will teach you something new that you don't know before and also tells you how to use it, where to use it and when to use it. Many people hesitate to take a course because it cost money but they don't understand that the course which will cost them just a few dollar can help them to earn millions. Warren Buffet once took a course which help him to earn millions of dollars in stock market. Go on a course, it is the place where you will learn something new by expert,they provide you a model to use it.

If there is no any courses available in your area then you can take help of internet. There are many websites and apps who can help you, where you can learn many skills for free too. Some apps like Coursera and Udemy can help you. similarly you can watch videos of Grant Cardone and Robert kiyosaki, if you are from India then you can also watch videos Vivek Bindra. There are many opportunities around you, what are you waiting for? Just take the courses, apply it in your life and improve yourself.


4)   Start side hustle

       Side hustle means doing something beyond your professional work to earn or to learn in which you are interested. Starting side hustle will push you out of your comfort zone. Part-time jobs, starting online businesses, working as a freelancer are some example of side hustle. Many people do it for paying their credit card debts, some people do it for their livelihood, some for learning skills and some for quitting their 9-5 jobs. Remember, always start your side hustle according to your interest. If you want to quit your 9 to 5 job then you can do it with the help of your side hustle. For example: if you are caught up in 9 to 5 job which you don't like then you can quit, you can start your business as a side hustle and work on it slowly, and later on when your business income exceed then income earned from your job then you can quit your job and can give your full time in your business.

And please don't give a foolish reason that you don't have time for side hustle, you always have a time, you just don't have time management. If you are doing 9-5 job, then what are you doing after that? What are you doing from 5 -10 after your job. Just go and find your side hustle according to your interest and work on it.


5)     Networking

        Networking simply means building contacts. Build your contacts as much as you can, always maintain good relation with everyone. It doesn't matter how the people are and what type of person they are, always try to cooperate with them because you never know when you might need help from them. Building contacts are beneficial for both your personal and professional life. Networking means establishing relationships with people who will become your friends as you go through your career.

Developing your network is easy than you think  because you know more people than you think you know, like family, friends, roommates, staff, fellow students, past and present co-workers, neighbours, club and organization members,people at the gym, the local coffee house, and neighborhood store, people in your religious community etc. LinkedIn is the app which can help you to build your networks.
     
     

The 80/20 principle

The 80/20 Principle can and should be used by every intelligent person in their daily life, by every organization, and by every social grouping and  form of society. It can help individuals and groups achieve much more, with  much less effort. The 80/20 Principle can raise personal effectiveness and  happiness. It can multiply the profitability of corporations and the effectiveness of any organization.

The 80/20 Principle asserts that a minority of causes, inputs or effort usually lead to a majority of the results, outputs or rewards. Taken literally, this  means that, for example, 80 per cent of what you achieve in your job comes from 20 per cent of the time spent. 

Therefore, this principle states that: 80 percent of the result comes from the 20 percent of effort. This principle is also known as 'PARETO PRINCIPLE'.

This principle is applicable in any area of your life and in any of your profession either you are a doctor, salesman, businessman, lawyer, student, housewife, electrician etc. Just you have to do is to analyze 20 percent of the work that can produce 80 percent of the result, and focus on that 20 percent. It is the principle that makes your daily life easier, it decreases your input and increases output.
For example: suppose you are a salesman working six hours a day, than you just have to do is to focus on satisfying those 20 percent of your customers that are producing your 80 percent of your sales which might take just two hours. You don't have to focus on whole.

And remember that, their is 20 percent of the effort that will produce 80 percent of the result, it is already there, you just have to find what is that, its not that it is not available, it is available in any sector. It is for everyone and for any profession, it doesn't matter weather you are a security guard or seventy year old man.


# HOW TO FIND YOUR 20 PERCENT OF THE EFFORT?

Now the question is, how to find your 20 percent of the effort that produces 80 percent of the result. Actually its not similar for everyone, it varies from person to person and from profession to profession. You have to find it by yourself. If I give the answer, then it might be helpful in one or two person/profession but not for everyone's profession. You have to analyze it by yourself, what is that 20 percent of the work that produce your 80 percent of the result?

# HOW I HAVE FIND MY 20 PERCENT OF THE EFFORT?

Whenever I need to find my 20% of the effort that will lead to 80% of the result, I choose the morning time just after I wake up in the morning because it is the time when my mind is relaxed and I can fully concentrate on something and can think
deeply. For example: If I had to teach lessons to my 60 clients today (8 hour schedule) then I describe that clients and lessons together  In a piece of paper (which brings me clarity) and I analyze them both very carefully, it doesn't matter how much time it takes. And then I get my answer that where to focus on, I find that just I have to focus on some basic aspects (20%) and rest of the lesson they will be taught by themselves (80%). It takes just 3 and half hour to complete.


QUOTES OF THE DAY: IF YOU CANNOT BRING PEACE TO YOUR OWN HOUSEHOLD, HOW DARE YOU TRY TO RULE A CITY.
                   -PROFESSOR JORDAN PETERSON.