Laws of Success

Rewrite your Story

Author

Millionaire Syrup
February 20, 2024

Laws of Success

Rewrite Your Story

Buy Assets

When you start earning money, especially a significant amount, it's important to make wise choices with it. Instead of just spending it all, it's a great idea to invest in assets that can provide long-term value.

In the early years of your business journey, you might still be figuring things out and taking risks, which can make you a liability to yourself. So, by purchasing assets like high-quality items or properties that are not easily sold, you're ensuring that you're building wealth and stability for the future. Stocks, for example, are easily sellable, but assets like physical gold or houses require more effort to sell, which can be beneficial in the long run. 

Do What’s Practical

Some of the most successful people out there didn't make their fortunes by creating super complex products that required millions of dollars in investment.

Nope, they found success in rather mundane ways. They focused on old-school B2B services, or building software, or licensing. The richest people didn't chase after those billion-dollar unicorn companies.

Instead, they identified areas in the market where there were inefficiencies or where they could simply do something even just three percent better. And guess what? That small improvement allowed them to capture more of the market share. So, don't feel like you have to build a billion-dollar unicorn company.

The Morning Sets The Tone

It's not just about the time you wake up, but having a consistent morning routine that sets the tone for your day. You can't expect to roll out of bed, have a sugary breakfast, mindlessly scroll on your phone, and expect it to have a positive impact.

The key is to start your day with purpose and productivity. Get some direct sunlight, do some stretching, get your body moving with a workout, enjoy a nutritious breakfast, and then dive into your work. By following a set morning routine like this, you'll set yourself up for a successful and fulfilling day.


Listen

The less you talk, the more they listen. It's fascinating how the power of listening can make a huge difference. There are so many individuals out there who tend to reveal too much information or are quick to disclose the price in negotiations. You should never be the first one to reveal the price when negotiating a deal.

By speaking less, you minimize the chances of making mistakes, especially in high-stress situations. Additionally, the less you talk, the more others tend to listen. Many successful people understand this and prefer to be good listeners. They value gathering different perspectives and opinions, which helps them analyze the room and make informed decisions.

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