The Darius Foroux Show: Mindset, Business, Money

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Price’s Law Explained: Why Only A Few People Get The Majority Of Rewards Apr 18, 2019

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Price’s law is something that can truly change the outcome of your life and career. It can make you or BREAK you. On this episode, I explain why that is and how you can use it to become successful. The rule says: 50% of the work is done by the square root of the total number of people who participate in the work. I didn’t know about Price’s law until recently when I watched a lecture by Dr. Jordan Peterson, psychology professor, and author of 12 Rules For Life (https://amzn.to/2Iodkgf). Understanding the underlying idea of Price’s law can make your life a lot easier. Look at your current profession. Are you in a position to create substantial value? If the answer is no, move on to a different place where you CAN. Become very good at what you do. That’s the only way you can provide value. We must be realistic. There are no shortcuts. It takes time to be good—let alone be great. When you provide more value, you feel better, plus you’ll earn more. Not a bad side-effect of doing great work. Look, life is not symmetric nor linear. Only a few people in every domain are responsible for half of the results. Hence, find the domain YOU can be the important minority — you’ll also get the majority of the benefits. Then, let me know if your life isn’t better. Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. ----------- Get my latest book, The Road To Better Habits, for free. In the book, I will show you a simple framework your can use to transform your habits. Excited to transform your life by transforming your habits? Get the book here: http://dariusforoux.com/better-habits/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Skill Stacking: These 5 Skills Increase Your Odds Of Career Success Apr 08, 2019

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One of the best strategies to build a career is to acquire valuable skills. I learned about this concept from How To Fail At Almost Everything and Still Win Big by Scott Adams. He calls this concept Talent Stacking (I don’t like the word talent because it implies nature, I prefer skill because it implies nurture), and writes: “Successwise, you’re better off being good at two complementary skills than being excellent at one.” You simply have more chance of career success if you have more skills. Think about it. If you’re a one-trick pony, your opportunities are limited. But if you have multiple skills, you’re simply more valuable. And that’s what career success is ultimately about. It comes down to value. How much value can you give to people or organizations? “What Skills Will Make Me More Valuable?” 1. Productivity—My whole blog’s focus is on productivity for one reason: When you’re a person who can get shit done, you will always find a way. With solid productivity skills, you can learn anything. That’s why I think it’s the first thing we must learn because it makes developing all the other skills a lot easier. Put simply: Productivity is the mother of all skills. 2. Writing—The ability to translate your thoughts into words makes it easier to do our job. When you write in a clear and simple way, you can express yourself like very few people can. 3. Psychology—A basic understanding of why we do what we do can help us to understand ourselves and others. You don’t have to become a therapist. As long as you know the basics of psychology, you’re better at dealing with other people; and yourself. 4. Persuasion—This is the art and science of communicating in a way that resonates with people. When we’re good at persuasion, we are better at leadership, sales, holding conversations, public speaking, at anything else that requires influencing others. Influence is more about effective communication than anything else. 5. Personal Finance—We often don’t think about managing our money. But when we get closer to retirement, we think, “Why didn’t I start earlier.” The time to start managing your personal finance is NOW. Thanks for checking out this episode! Get my eBook “Six Figure Pitching” for free. In the book, I share my 7 best email templates that you can use to increase your conversions, get published in top publication, and improve your email open rates. Get the book here: https://businessofblogging.net/six-figure-pitching/ ----------- Connect With Me Website: http://businessofblogging.net Podcast: https://dariusforoux.com/podcast/ Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Can You Ever Be ‘Done’ With Personal Development? Apr 04, 2019

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I might as well ask you: “Can you ever be done with eating food?” “Of course not!” you would probably answer. Well, some people actually believe they can be finished with personal development. They stop reading books or quit going to the gym. These are the people who follow trends. We need to realize that life is built from fundamentals and that it does not consist of some popular thing that’s hot at the moment. Once we identify those fundamentals, we can start to improve and strengthen them to establish longevity. How? By repeating them. Over and over again. Then, over time, those fundamentals turn into a strong lifestyle. All you need is patience. And before you know it, you are the person who continually dedicates his life to becoming better. No temporal hot thing can seduce you. Nothing halts your improvement; you’re part of a process that ends when life ends. Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. ----------- Get my latest book, The Road To Better Habits, for free. In the book, I will show you a simple framework you can use to transform your habits. Excited to transform your life by transforming your habits? Get the book here: http://dariusforoux.com/better-habits/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Journaling As A Spiritual Exercise Apr 01, 2019

Show notes

Writing every day has truly changed my life. Through writing, you reformulate important life lessons in your own words. And because of this repetition, the wisdom of life becomes your second nature. That’s when you live the ideas. So even though you are writing and talking to yourself, you ingrain the wisdom in your character so that it becomes a part of your character. To me, writing is the most effective way to make the intangibility of your thoughts real. And that’s one of the greatest things in life. Marcus Aurelius, one of the most well-known stoic philosophers often wrote for himself. And I encourage everyone to do it too. On this episode, I share tips that you can use to get started with journaling every day. Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. ----------- Get my latest book, The Road To Better Habits, for free. In the book, I will show you a simple framework you can use to transform your habits. Excited to transform your life by transforming your habits? Get the book here: http://dariusforoux.com/better-habits/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

The 20/80 Rule Of Effective Thinking Mar 18, 2019

Show notes

How much time should I spend thinking instead of doing? It’s one of the biggest questions I struggle with. One side of me says “without doing you will never achieve anything.” Another side says “without thinking things through, you might end up doing the wrong things.” Thinking by itself is worthless because if you never do anything, what’s the use? And if you only act without thinking, you probably end up in jail or in a ditch. That's why this topic is so important. But most of us never even consider living by a thinking/doing ratio. I live by what I call “the 20/80 rule of effective thinking.” I think for most professionals in today’s age, that ratio of thinking vs doing is sufficient. Even though I'm a natural thinker, I need to remind myself to execute more than I think. Again, it’s not the ratio that counts, it’s the quality of your thinking. And ultimately, the quality of your thinking impacts the outcomes you achieve. Remember that poor outcomes in life are excusable but poor thinking and decision-making are not. How To Keep An Activity Log (article I talked about in the video): https://dariusforoux.com/know-thy-time/ Read more about Warren Buffett in Snowball by Alice Schroeder: https://amzn.to/2CopIbD ----------- Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. Do you want to get my best productivity tips for free? I’ve made an eBook with 5 tips, exercises, and video training, that you can use to get immediate results. Curious? Get the book here: http://dariusforoux.com/productivity-secrets/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Stop Being So Distracted Mar 11, 2019

Show notes

There’s this idea in Eastern and Western philosophy that we must learn how to enjoy the present moment without getting distracted by the past or future. But that's hard because our natural state of mind is to be lost in thought. We are constantly thinking, stressing, worrying, and being preoccupied by a force that seems outside of control. And if that's not bad enough, there are many external distractions that mess with our head. On this episode, I share how I stopped being distracted and started living in the present. Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. Do you want to get my best productivity tips for free? I’ve made an eBook with 5 tips, exercises, and video training, that you can use to get immediate results. Curious? Get the book here: http://dariusforoux.com/productivity-secrets/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Feel Less Busy While Getting More Done with Laura Vanderkam Mar 08, 2019

Show notes

Laura has been writing about productivity since 2009. In her latest book, Off The Clock, she shares proven principles for getting more done so can have more free time. And we can use that free time to do the things we always wanted to do. Link to Off The Clock book: https://amzn.to/2EGaGhE Link to her website and podcast: https://lauravanderkam.com P.S. Prefer to get the summary of Off The Clock? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius

Stop Chasing Money And Do This Instead Mar 04, 2019

Show notes

Money doesn’t make you happy. And yet, we need it to live. So what do we do? Try hard to make more money? Or, be content with what we have? The problem is that both options come with high costs. We’ve all heard about the research that says you won’t be happier if you earn more than $75K or some other magic figure. We’ve all heard about these studies by now. And yet, it doesn’t make a bit of impact on the way we live. Instead of becoming financially free, it’s better to become emotionally free. In this video, I share why. Learn more here:https://dariusforoux.com/financial-and-emotional-freedom/ Thanks for listening! P.S. Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. Do you want to get my best productivity tips for free? I’ve made an eBook with 5 tips, exercises, and video training, that you can use to get immediate results. Curious? Get the book here: http://dariusforoux.com/productivity-secrets/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

Retain More From The Books You Read In 5 Simple Steps Feb 25, 2019

Show notes

I’m often asked: “How do you remember the information you read in books?” In this post, I’ll explain my system. 1. Have A Purpose—Only read books that teach you how to overcome your current challenges. 2. See Yourself As A Teacher—Sharing knowledge is a great application. You might not be a teacher, but if you act like one, you’re already applying knowledge. 3. Highlight & Make Mental Connections—The more connections you make between pieces of information in your brain, the better you remember it. I do that by making a lot of notes. 4. Visualize & Imagine—Another great way to make connections in your mind is by visualizing what you’re learning. We’re visual learners, and our memories are also visual. 5. Immediately Apply One Piece Of New Knowledge—Look at your life. Ask yourself: How can I grow? That can be personally, financially or spiritually. Understand that growth doesn’t happen by itself. Learning new skills, earning more money, having a great relationship — it all takes hard work. But you can make that growth a lot easier if you apply the things you learn in books. Remember: Knowledge alone is completely useless. Thanks for listening! Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. Do you want to get my best productivity tips for free? I’ve made an eBook with 5 tips, exercises, and video training, that you can use to get immediate results. Curious? Get the book here: http://dariusforoux.com/productivity-secrets/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/

How To Hack Happiness Feb 19, 2019

Show notes

The recipe for happiness is not some kind of secret. We all know that money, status, fame, or respect does not make us happy. Happiness is a state of mind. How do I get in a happy state of mind? One word: Gratitude. Read the article: http://dariusforoux.com/the-quickest-hack-to-happiness The Darius Foroux Show is now also available in video! Check out the video here and subscribe on YouTube: https://youtu.be/aXsSx8pDEOY Thanks for listening! Don’t have time to read books? Try Blinkist, my favorite accelerated learning app, for FREE: https://blinkist.com/darius I use this app every day to learn something new. They create quality summaries of top non-fiction books. Do you want to get my best productivity tips for free? I’ve made an eBook with 5 tips, exercises, and video training, that you can use to get immediate results. Curious? Get the book here: http://dariusforoux.com/productivity-secrets/ ----------- Connect With Me Newsletter: https://dariusforoux.com YouTube: http://www.youtube.com/c/DariusForoux Instagram: https://www.instagram.com/dariusforoux/ Twitter: https://twitter.com/DariusForoux Facebook: https://www.facebook.com/dariusforoux/ 296219

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