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Welcome to Alax.com

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podcast. The place where

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future billionaires come to

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get place where future billionaires

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come to get inspired. making

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decisions when it comes to

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how to be more productive

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people struggle with making decisions when it comes

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to how to be more productive you, make

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sense of their lives. This one's for

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you, to For years, we've used these rules

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to get out of weird situations to make

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the most of our time and to

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get an edge over others. We

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recommend you go through this list with us and

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write down some notes so you can apply it

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to your life starting today. Once you've

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got the tools you need, you are

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ready to begin. you've got the tools you

0:47

need you are ready to begin.

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-1 investing rule.

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rule. Now this this first one is

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a real estate investment rule, but rule,

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concept can be applied to other

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similar situations. This is probably the most

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well -known rule between professional property investors.

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If you're gonna buy any property,

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you need to know this. In

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order to make a smart investment,

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an investor must look at at

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least 100 properties to find 10

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potential deals that can be profitable. deals

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From those 10 potential deals, an

1:18

investor will submit aggressive, but fair

1:20

aggressive but three of them. of them. Of these

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three offers submitted, one will be

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accepted. but that one property

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is gonna make you a lot

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of money to make then of money, and then is

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the foundation you want to build on.

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you If you rush things, on. If you're

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gonna lose money. going to lose

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money. Number two, you cut, I

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pick. So let's say your kids are

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fighting say your kids are fighting over

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the last piece of cake in the fridge

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and both of them claim it to be

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rightfully theirs. theirs. Here's how this rule

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works. One person cuts and the the

1:52

other person gets to pick pick half

1:54

they want to keep. keep. This

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amazing rule gives the power to

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both sides. It's It's one of those.

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smart that maximizes the return and also

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minimizes the risk at the same

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time. the Because of

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this, both parties win and

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the result is parties perfect

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the result is This works great

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in business cut. in life.

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great in business and in life.

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Number three, rule. hour rule.

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Now this is one of those rules

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that should put clarity on what

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you should prioritize in life. It all

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boils down to a big and

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simple question. big and Imagine you have three

2:29

buckets. Imagine you good at? What's your

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average at? And what's you're bad at?

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And what's you had 100 hours to

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invest in these buckets, in how would

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you split the hours? you split a

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moment to make this decision. to make

2:42

Would you split it evenly? Would you

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split it 33? 33, 33, Maybe a little

2:46

bit more in other buckets. buckets? Well,

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here's how some of the most successful

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and smart people answered this. answered would

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either put 80 hours into what

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they were really good at with the

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rest split equally, or 100 hours

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into what they're good at good at, for

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the rest. the rest. You see, spending

3:04

time on something you're bad at has

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zero benefits and it's usually a

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great waste of time. time. The The only

3:11

exception is if you're really passionate

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about that thing and you're doing it

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just because it makes you happy. you

3:17

happy. Number four, the

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1010 rule. Now this -10

3:22

decision-making this is another decision -making rule

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that works great. It's frequently

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used by people like Warren Buffett and

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other billionaire investors to figure out

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what to do. It's a rule that

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forces perspective. forces So when stressing over

3:35

something, just think about it like

3:37

this. How will I feel about

3:39

this in 10 minutes? will I feel about

3:41

months. 10 minutes? 10 about

3:43

10 years? 10 years? After getting

3:45

some perspective, you'll notice how

3:47

there are very few things few things

3:49

worth stressing over. over. A A choice

3:52

might feel good in the moment,

3:54

but have negative effects over

3:56

the medium or long term. And And

3:58

the reverse is also possible. Maybe

4:00

some... Something will suck in the next 10

4:02

minutes and even a little bit afterward,

4:04

but it will pay off in the

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long run. Any important decision you have

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to make, run it by the rule

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of 10 and you'll start making better

4:12

calls pretty much immediately. Number 5. The

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One Thing That Wends the Day Okay,

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so picture this. It's a random Tuesday

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afternoon and you haven't done anything productive

4:21

yet. The clock is ticking. You're hungry.

4:23

You start making some plans in your

4:25

head on how to justify this already

4:27

lost day. Maybe you wake up tomorrow

4:29

morning really early to catch up. Yeah,

4:31

sounds like it could work. But we

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all know you won't. Now this rule

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is for saving days that seem to

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be lost. Just do one thing that

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will win the day. Just one thing.

4:41

Maybe it's a quick meeting to set

4:44

something into place. Maybe it's an important

4:46

email you still haven't sent. Maybe it's

4:48

a decision you have to make so

4:50

other things can start moving. There's always

4:52

something that has a decent impact. Better

4:54

yet figure this out in the morning

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when you wake up. Just ask yourself,

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what's the one thing that if I

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do it today, I can call it

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a win. I can call it a

5:04

win. And then, just do that. Everything

5:06

else is a bonus. It's the kind

5:09

of action that has a snowball effect.

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You complete tasks until they become habit,

5:13

and you allow those habits to help

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you build your best life. And I'm

5:17

going to let you in a little

5:19

secret here, okay? In just a few

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days, we're kicking off a massive promotion

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on the Alex app to help make

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sure that you achieve everything you set

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out to do in 2025. Throughout the

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month of January, we're dropping special QR

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It's the only tool designed especially for

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There's daily coaching sessions as well as

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dozens of curated collections delivered by industry

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experts. We pay them to sit in

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a studio on camera. to

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teach you the valuable

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lessons they've learned

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on their own journey

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to success. own journey

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So be sure to

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keep an eye

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out for those QR

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codes. for those QR will

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be so glad

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you did. glad you did. Number

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six, the two-minute rule.

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this is the most is the most

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straightforward rule on this list, okay? The

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The two -minute rule goes like this.

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If it only takes two minutes to

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do it. it, just do it, okay?

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it, okay? or Never postpone or

6:26

neglect activities that can be solved

6:28

immediately. There's something about

6:30

our levels of stress that affect our

6:32

productivity when we know we've still

6:34

got more things to do. got Also, to

6:37

getting small wins like this like us

6:39

a feeling of productivity and momentum

6:41

that only builds up throughout the day.

6:43

builds That the rule is the perfect

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cure for procrastination. If you

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don't feel like doing a task, a task...

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just force yourself to do it

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for two minutes. Then you can give yourself

6:54

a break if you really need to.

6:56

need to. two minutes, two really give your

6:58

your attention. It It can't be that

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hard to focus for two minutes, right?

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Studies show us that getting started

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is actually the hardest part of a

7:06

task, and if you can get

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over that slump, you're a lot more

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likely to finalize what you've started. to

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finalize what you've started.

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Number seven. The 8020 rule. 20%

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of your of your actions account for

7:19

80 % of the results. has This has

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been one of the most valuable things

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that we've learned in business and in

7:25

life. 20 % of the

7:27

workers produce 80 % of the

7:29

results. of the 20 % of

7:31

customers create 80 % of revenue. 20%

7:34

the of the bugs cause 80

7:36

% of the crashes. of the 20

7:38

% of the features cause 80

7:40

% of the usage. words 20 %

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of the words in a

7:44

language make up 80 % of

7:46

conversations and so on on, my friends,

7:48

so find what is your 20

7:50

% and focus heavily on that.

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8. The left-hand rule. Now

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this -hand rule. of a Now,

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this one's more of a social life hack than

7:59

a big... rule, but if you're

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at any kind of event

8:03

where you're drinking, always hold

8:05

a glass or cup in

8:07

your left hand. Let's say

8:10

you're grabbing a beer and

8:12

suddenly you're introduced to someone

8:14

new. What do you do?

8:16

You go in to shake

8:18

their hand, right? But if

8:20

your hand has been on

8:22

that cold wet glass, it's

8:24

going to feel kind of

8:26

weird and slimy setting. Number

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nine, the apology rule. Look, okay,

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you're gonna make mistakes in life.

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Everybody does, and there's a way

8:35

for you to move forward right

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away. A real, effective apology has

8:40

three parts. One, you acknowledge you

8:42

were wrong and how it affected

8:44

the person or outcome. Two, you

8:46

say you're sorry. Three, you describe

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what you're gonna do to make

8:51

it right or make sure it

8:53

never happens again. Don't excuse or

8:55

explain if you've made a mistake,

8:57

just own up to it. There's

8:59

no negotiating yourself from the truth.

9:01

And there's more to gain by

9:04

following this rule than by getting

9:06

away with a mistake. Your entire

9:08

life will change once you start

9:10

using it. It's also valuable with

9:12

employees instead of a simple sorry.

9:14

This helps both parties to improve

9:17

their relationship by building trust and

9:19

solving the situation. Now this has

9:21

been the most valuable piece of

9:23

advice the world has ever come

9:25

up with. It's the foundation of

9:27

being a decent human being. Do

9:30

on to others as you would

9:32

have them do on to you.

9:34

Treat other people the way that

9:36

you would want to be treated.

9:38

Love your neighbor as you love

9:40

yourself. Treat others nicely and don't

9:43

just be an asshole. The golden

9:45

rule is also a great resource

9:47

to build up good karma. Help

9:49

others and people will help you

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back. If you're feeling stuck in

9:53

life, maybe you start by helping

9:56

others, and who knows where this

9:58

will lead you. Rule

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number 11, the money equals

10:02

time rule. Now,

10:04

you've probably heard the saying that time is

10:06

money more times than you can count, right? But

10:09

here's a little trick. a Think

10:11

of money in terms of hours. in

10:13

Let's say you make say you hour

10:15

$10 you want to buy a

10:17

coat that's buy a bucks. $150 Is that

10:20

coat really worth 15 hours of

10:22

work? down the By breaking down the

10:24

price of something you want into working

10:26

hours, you you value things differently. You

10:28

You know how hard you work for your

10:30

money, and this is why you can better

10:32

understand the expense you're making. Is

10:34

it worth spending a week of

10:36

your life to get a new outfit?

10:38

a new Is that holiday really worth three

10:41

months of working that it took

10:43

to get that money? money? you'll find

10:45

that some things no longer make

10:47

sense, while others become an obvious

10:49

become an It's up to you to

10:51

figure out how much you earn

10:53

per hour per day. per hour Then

10:55

day. that into every time you

10:57

make a purchase. you make a purchase.

10:59

Number 12. The Odd Time Rule. Now

11:02

if rule. got friends who you've got

11:04

friends who are never on time,

11:06

this rules for you. If

11:08

you schedule a meeting for 3 instead

11:11

of 4 o 'clock, the likelihood

11:13

of people being late to

11:15

that reference hour dropped significantly. And

11:17

to make sure everybody knows that

11:19

meeting will start at 3 .47. will start

11:22

if you do begin to start your

11:24

meetings at these odd times, people

11:26

pay more attention to the exact time

11:28

they have to be there. Just

11:30

give this a try and see what

11:32

happens. Just give this a try and see

11:34

what happens. 10 ,000 rule.

11:36

hour rule. Now this rule rule is

11:38

considered the key to success in any

11:41

field. It's It's simply a matter of

11:43

practicing a specific task that can

11:45

usually be accomplished within 20 hours of

11:47

work per week for 10 years. It

11:50

doesn't matter when you or how how old

11:52

you are, put into hours into something

11:54

and you'll be an expert in that

11:56

field. Some of Some of the best performers

11:58

in the world based their results on on

12:00

this rule. Now just think about

12:02

what your thing is, what you

12:04

consider yourself good at. How much

12:06

time have you put toward that

12:08

craft or skill? Do the math

12:10

and then figure out how much

12:12

more you have to invest in

12:14

order to master it. Number 14.

12:16

The Stay Poor B Rich Rule.

12:19

The more time a person is

12:21

willing to live like their poor,

12:23

despite not having to, the richer

12:25

they become. The main difference between

12:27

those who will keep on being

12:29

rich and those who lose wealth

12:31

is their ability to control their

12:33

lifestyle spending. We've seen people make

12:35

a lot of money blow through

12:37

most of it and end up

12:39

back where they started. Now we

12:42

know it's been hard and you've

12:44

only just started seeing progress with

12:46

your business or venture, but don't

12:48

go ahead and blow through all

12:50

your money, okay, don't buy an

12:52

expensive car, don't buy the expensive

12:54

home. Instead, keep your head down,

12:56

pretend that money isn't there and

12:58

invest it. Putting this money to

13:00

work for you will be a

13:02

lot more valuable to your lifestyle

13:05

than spending it right now, ever

13:07

could be. Number 15. The coin

13:09

rule. If you're a massive overthinker

13:11

and have trouble picking an option,

13:13

this one's for you, okay? Simply

13:15

put, assign each option to each

13:17

side of a coin and flip

13:19

it. But here's the real magic.

13:21

Pay attention to what happens while

13:23

that coin is in the air.

13:25

In that fleeting moment, you'll notice

13:28

yourself hoping the coin will land

13:30

on a particular side. And that's

13:32

your answer. The coin rule works

13:34

because it bypasses overthinking and forces

13:36

you to tap directly into your

13:38

intuition. Try it out right now

13:40

and notice how your mood suddenly

13:42

changes while that coin is in

13:44

the air. And lastly, for those

13:46

of you who always stick with

13:49

us until the end, we've got

13:51

a bonus. Number 16, always do

13:53

the right thing. Now, that's probably

13:55

the most important rule, right? Every

13:57

day, every month and every...

13:59

every year. You've got

14:01

choices to make. You You choose

14:03

what to focus on, how to

14:05

spend your time, time, how to treat

14:07

other people, how to treat yourself.

14:09

yourself. all of these. there's always

14:11

a right thing to do. not

14:14

be might not be the easiest, the

14:16

quickest, or the most convenient option

14:18

all the time, but deep down, you

14:20

know it's the correct choice. This

14:23

could mean choosing honesty when

14:25

lying would be easier, being kind

14:27

when anger is tempting, or

14:29

disciplined when all you want to

14:31

do is lay in bed. These

14:34

decisions feel small in the moment,

14:36

but in the long run, they ultimately

14:38

define who you are as a

14:40

person. you learn We hope you

14:42

learned something valuable here today, Alexa. We'll

14:44

see you back here next time. Until

14:46

then, take care, my friend. This was

14:49

was a great podcast today, wasn't it?

14:51

Thank you for spending some time

14:53

with us and taking another step toward

14:55

improving the way you look at

14:57

life. the way If you're hungry for more,

14:59

you can always please go to our

15:01

website. you can go to our website,

15:03

to us on YouTube.

15:05

to The entire ALUX .COM

15:07

team wishes you a

15:09

very productive day. day.