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Yet they still do a lot of work inventing reasons and excuses for their lack of effort. People who don’t take action on their goals obviously fail.
#SUMMARIES FROM THE 10X RULE UPGRADE#
Along the way, he was constantly studying to upgrade his sales skills.Ĭardone says all people fit into one of Four Degrees of Action: Keep in mind this wasn’t 3 years of blind, repetitive, pig-headed effort. In the end, it took him about 3 years to replace his previous income, about 10 times longer than he expected. He went from making 3 sales calls per day to 30 calls per day. So Cardone dropped the excuses and increased his actions by 10X.
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He found himself beginning to make excuses for why he was failing like the economy, competition, market conditions, etc.īut suddenly he thought that maybe he had simply underestimated just how much hard work it takes to launch a new product. He expected he would reach the income level of his previous job in 3 months. Even our most conservative estimates tend to be wildly inaccurate.įor example, Grant Cardone started his first business when he was 29 years old. Why? Because every worthwhile accomplishment always takes 10 times more effort than we originally expect. The second part of the 10X Rule is backing your goals with massive action-ten times more action than you would usually do. Cardone recommends writing your goals out every single day. An audacious goal will excite and motivate us far more than a mediocre goal. The first part of the 10X Rule is choosing goals that are 10 times bigger than before. But desiring riches with a state of mind that becomes an obsession, then planning definite ways and means to acquire riches, and backing those plans with persistence which does not recognize failure, will bring riches.” Read more in our summary of Think and Grow Rich by Napoleon Hill. Hill wrote, “Wishing will not bring riches. He discovered that a common ingredient in all the successful people was a burning desire and obsessive focus. In the classic success book Think and Grow Rich, the author Napoleon Hill interviewed over 500 millionaires including Henry Ford and Thomas Edison. When Elon Musk is working 14 hours a day to send a rocket to Mars, you can bet he ain’t grumbling about the overtime like most employees. That’s why highly successful people often say work doesn’t feel like work. On the other hand, a large goal can be very inspiring, especially when it feels personally meaningful to us.īold, audacious goals get our heart pumping which helps us maintain enthusiasm for our projects over the long term. It’s hard to stay motivated and work hard towards average goals. So we learn to limit our desires to what is “realistic.” Cardone says this is a huge mistake because… We are told that it’s not good or somehow immoral to become very successful. In our society, we’re often taught to make our goals smaller and more achievable to avoid disappointment. Massive thoughts must be followed by massive actions. This is the focus of the 10x Rule: You must set targets that are 10 times what you think you want and then do 10 times what you think it will take to accomplish those targets. That’s why he now teaches his students “The 10X Rule”: In fact, his biggest regret in life is not setting much larger goals from the very beginning. He says this may be the biggest reason he became rich. Grant Cardone writes down his goals every single day.