The 17 Laws of Success
Iman Gadzhi・29 minutes read
The speaker outlines 17 success secrets of the top one percent, focusing on personal experiences and lessons learned in making millions at a young age. These secrets apply to the top 0.001 percent across different industries, emphasizing aspects like choosing the right life partner, investing wisely, and mastering skills through dedicated practice and commitment.
Insights
- Choosing the right life partner is crucial for ambitious men, focusing on qualities beyond appearance.
- Success is about progress over time, following a specific order of actions rather than just doing the right thing immediately.
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Recent questions
How can I achieve success in my career?
By focusing on career timing and discipline.
What is the key to building wealth?
Investing early in stable assets like properties.
How can I grow a successful business?
By building a loyal customer base over time.
What is the secret to maintaining success?
By continuously celebrating wins and adapting to challenges.
How can I achieve mastery in my field?
By committing to years of dedicated practice.
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Summary
00:00
"Success Secrets for Ambitious Individuals"
- The speaker shares 17 success secrets of the top one percent, based on personal experience of making tens of millions of dollars in their 20s.
- These secrets are applicable to the top 0.001 percent in any industry, not just the top one percent.
- The first secret emphasizes the importance of choosing the right woman as a life partner for ambitious men, beyond just looks.
- The second secret advises distinguishing between opinions and advice, with not everyone deserving a say in your life decisions.
- The third secret highlights the need to invest money in assets rather than spending it, especially after making a significant amount of money.
- The fourth secret stresses the importance of practicality over glamour in business ventures, with success often found in traditional and less flashy industries.
- The fifth secret underscores the significance of morning routines in setting the tone for a successful day, tailored to individual preferences.
- The sixth secret advises speaking less and listening more in high-stress situations, as it often leads to better outcomes.
- The seventh secret emphasizes the importance of picking the right opportunity at the right time, cautioning against blindly following others' paths without considering individual circumstances.
11:44
"Success: Order, Progress, Timing, Discipline, Investment, Relationships"
- Success is about doing things in the right order, not just the right thing; progress over time is key.
- In 30 years, with a successful career, making millions based on reputation and goodwill is achievable.
- Building a loyal customer base over time can lead to significant sales even before creating a product.
- Starting a business that breaks even in the first year but grows to $40 million annually in five years requires initial investment.
- Focus on your career timing and discipline over motivation for long-term success.
- Wealthy individuals invest early in A1 assets like properties, hotels, and license plates for stable returns.
- Continuously celebrate wins but understand that maintaining and growing success is more challenging.
- Establish good relationships with banks early on for future financial needs and creative financing.
- Keep your circle small to maintain privacy and avoid unnecessary risks.
- Take radical responsibility for all outcomes in life, working with the drive of new money but the wisdom of old money.
23:07
"Years of Practice Lead to Effortless Mastery"
- Mastery in any field comes with years of dedicated practice, making tasks appear effortless and elegant. It is essential to understand that the initial struggle and lack of skill are part of the process. To reach a level where something seems easy, one must commit to years of hard work and dedication, even when motivation is lacking. This commitment eventually leads to a point where one's efforts appear effortless, a journey that the top achievers, even the top 0.001%, have undertaken in various aspects of life.
