67 Steps

Step 15: Descartes & Solving Problems With A Calculator

The Big Idea: To run a successful business, you must be comfortable with math and statistics.

  • Math is the only 100% certain truth. — Descartes
  • I was dyslexic, but I realized that if I was going to be rich I had to understand numbers. — Richard Branson
  • To make good decisions, you must understand math and statistics.
  • By far the most common background for billionaires is investing.
  • To make good decisions, measure and quantify.
  • Trying to quantity the unquantifiable (happiness, leisure) can still help.
  • Keep an old algebra textbook around.
  • Play chess or backgammon to stay sharp.
  • Almost all billionaires play games like poker, bridge, chess, backgammon.
  • Quantify possible outcomes to make decisions easier.
  • Logical Fallacy of the Slippery Slope: I don’t want to lift weights because I don’t want to look like Arnold Schwarzenegger

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

Step 14: The Shaolin Monk & Touching An Electric Fence

The Big Idea: Prepare for what is difficult when it is easy.

  • If you take the approach that everything is your fault, you can begin to anticipate and plan for many scenarios (disease, recession, breakup, accidents).
  • If you get mugged and beat up at 30, it’s your fault because you could have been training since you were 10.  — Shaolin monk
  • Constantly scan the horizon for dangers and then prepare for them.
  • Unexpected events are rarely completely unexpected.  You can prepare for most “unexpected” events.
  • Prepare for the worst and you’ll sleep more soundly (not be anxious).
  • Prepare for what’s difficult when it’s easy.  — Lao Tzu
  • Forget the law of attraction.  Prepare for the future and then work hard to make it happen.
  • Always ask yourself: what are you missing?  What are you not thinking of?
  • Things you can do now to prepare: save money, get rid of belly fat.
  • Even Warren Buffett has $20B in cash, just in case.
  • Accept responsibility for mistakes, learn, and then move on.  Don’t fixate.
  • Go to an old folks home and talk to people about their lives,
  • Learn, read and prepare for what might happen.
  • Be a learning machine.  I learned that bullets only travel 3 feet underwater and it saved my life.  — Louis Zamparini
  • Don’t fixate.  Fix it.
  • Sources: Unbreakable, Helen Keller, The Snowball

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

 

Step 13: The Amish Vacation, Tap Dancing To Work, & Avoiding What You Love

The Big Idea: If you have to go on vacation from what you do, don’t ever come back.

  • The Amish work almost every day but don’t feel the need for a vacation.
  • The Amish have 1/5 the depression of non-Amish.
  • The Amish integrate work and life.
  • Never permit a dichotomy to ruin your life.  A dichotomy in which you hate what you do so you can have pleasure in your spare time.  — Picasso
  • If you have to go on vacation from what do, don’t ever come back. —Joel Salatin
  • Wiser to do what you like, not what you love.
  • Don’t marry someone you love/lust, marry someone you genuinely like.  That love/lust will fade. — Joel Salatin
  • You can only build upon strength, not weakness.
  • Richard Branson takes naps throughout the day, to separate spurts of intense work.
  • Extreme success has a luck component, but it usually involves luck in meeting a key person, not a lucky event.
  • Warren Buffett still tap dances to work in his 80’s.
  • You can have a job but avoid at all costs becoming a salary slave.
  • Fact: making more money will make you happier.  But (after financial independence) only by a little bit and sometimes not worth the cost.  Therefore don’t chase the money.
  • Enough money can give you independence.  Too much money will separate you from other people.
  • The opportunistic mentality (chasing the opportunity) is almost as dangerous as the vacation mentality (living for the weekend/vacation).
  • If Jordan pursued what he loved, he would have pursued baseball.
  • In love, pursue oxytocin, not dopamine. — Helen Fisher
  • Sources: Guns Germs Steel, Michael Jordan The Life, Top Dog.

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

Step 12: Mike’s Stack Of Resumes, My 96 Year-old Grandma, & Your Eulerian Destiny

The Big Idea: Stay focused on the one thing you do best.

  • Be able to share your life mission in one sentence. (Understandable by a 96 old grandma.)
  • Jordan the baseball player was mediocre.  Jordan the basketball player was legendary.
  • Stay focused on the one thing you do best.  Everything else is just a hobby.
  • Jack Welch told GE to exit any business in which they can’t be #1 or #2.
  • Build upon your strengths, not your weaknesses.
  • Where do the following four questions intersect? (Eulerian Destiny)
  • 1. What did you grow up around?  This shapes your world map.
  • 2. What do strangers tell you you’re good at? Discount feedback from friends and loved ones.
  • 3. What have you been doing for the last 10 years? This will likely point to your core strengths.
  • 4. What can you talk about effortlessly for hours?
  • If you have to go on vacation from what do, don’t ever come back. —Joel Salatin
  • In every area of life (health, wealth, love, happiness) find out what works for you.  Everyone is different.
  • Don’t live other people’s dreams. — Steve Jobs
  • The difference between an experiment and a mistake is the time spent in each.
  • Sources: Managing Oneself, Paradox of Choice, Michael Jordan The Life, Civilization and Its Discontents

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

Step 11: The Whispers Of 10,000 Generations, Dunbar’s 150, & Evolutionary Mismatch

The Big Idea: Don’t Fight Your Evolutionary Hardwiring; Understand It.

  • The biological impulses you have come from 10,000 generations of evolution.  However, the world has completely changed  over the last 10 generations.
  • Our biology leads us to overeat since we now live in an abundance of food.
  • Our biology wants to to sleep from dusk to dawn.
  • Most chronic health problems come from a mismatch between our biology and our environment.
  • We are evolutionarily hardwired to consume resources, so you’ll have to overcome your evolution to save money.
  • Dunbar’s number claims the average tribe size was 150 and that this is the optimal social group size.
  • Lack of background noise might contribute to insomnia.  Try going to bed with some background and going to sleep right after dark.
  • New friends are good. Old friends are better.
  • Statistically, the best marriages are couples that have known each other the longest before marrying.
  • Wealthy people are often the happiest when flying in old friends to visit.
  • Happy people tend to cluster together.
  • Reach out to old friends/coworkers/teachers.
  • Eat out less.  Cook more.
  • If you don’t like to read, consider audio books and seminars.
  • Automate your savings plans since we’re not hardwired to save money.
  • Don’t try to fight biology.  Understand and work around biology.
  • Pay close attention to the media you consume because it will rewire your brain — for better or worse.
  • Control your environment it will control you.
  • Contributing to something bigger than you creates happiness.
  • Amish people are heavily reliant on their community, which likely contributes to their happiness.
  • Sources: The Selfish Gene, The Story of the Human Body, Salt Sugar Fat, The Paradox of Choice, Happiness Hypothesis, Top Dog, The Power of Others

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

 

Step 10: Stoic vs Epicurean, Arnolds 1000 Reps, Apache Cold Showers, and the Spartan Whipping Post

The Big Idea: Do Things That Develop Toughness

  • a nation is born stoic and dies epicurean — Will Durant
  • stoics say sacrifice today for tomorrow (invest wisely)
  • epicureans say live for today (eat drink and be merry, yolo)
  • there is truth to both, but stoicism is what I recommend
  • Arnold wanted big calves, moved to South Africa to train with Reg Parks, worked out at 5am and did 1000 lb calf raises, calves grew 2 inches in one year
  • humans have gotten softer over time
  • adversity makes men and prosperity makes monsters — Victor Hugo
  • there are three types of people: those who make things happen, those who watch things happen, and people who wonder what happened — farmer’s proverb
  • stoics say “toughen up”
  • the “hard” is what makes it great — Tom Hanks
  • test yourself, push yourself, toughen up,
  • spartans trained their children for toughness by feeding enough but not too much
  • let me embrace the sour adversity, for wise man say is the wisest course — Shakespeare
  • yolo is for suckers
  • do hard shit, you’ll be happier and richer
  • Sioux children took freezing cold baths to toughen them up
  • tremendous respect will come to you in business and life if you are tough
  • use it or lose it
  • bones grow weak if they are not used but they grow stronger if you stress them
  • who do want working/fighting next to you?  someone who’s been tested and survived or someone who’s soft?
  • toughness will give you a competitive edge in a world with 7 billion people
  • go without your phone for a day
  • jeff bezos never uses the elevator
  • every once in a while, you can work 24 hours straight
  • next time you don’t want to do something, do it anyways to build your discipline muscles
  • go camping
  • go a month without driving
  • lifting weights slows down aging at the cellular level
  • go without salt and sugar

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

Step 9: Warren Buffett’s Book-A-Day Diet & Making War With A Multitude Of Counselors

The Big Idea: Reading Voraciously for Success

  • billionaires read voraciously
  • Warren Buffett reads 8 hours a day
  • a rich man’s house always has a library — Jim Rohn
  • Alexander the Great used to travel with a library
  • survival machines that can simulate the future are one jump ahead of survival machines who can only learn by overt trial (takes time and energy) and error (can be fatal) — Richard Dawkins (The Selfish Gene)
  • our brain is built to simulate instead of learning by trial and error
  • people who only learn by trial and error will often quit because failure takes its toll
  • books are the easiest way to learn from other people’s mistakes and lessons
  • read Made in America by Sam Walton
  • the best mentors (living and dead) are easily accessible by reading their books
  • great leaders and successful people have a cabinet of advisors
  • make war with a multitude of (wise) counselors
  • don’t waste time reading random or new books until you’re done with the top 100 books
  • 25% of the books you read should be about health
  • just be consistent about reading, then later learn to speed read
  • don’t worry about getting every point from every book the first time, you can return later
  • read a how-to book to get drowsy for power naps
  • read a biography right before bed to absorb the author’s courage
  • classic fiction is also good right before bed
  • most how-to books have one or two main points, which are in the intro chapter
  • reread the greatest books until they are instinctive to you
  • read one book a week at minimum

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

 

Step 8: The Integrated Good Life and The Four Pillars of Eudaimonia

The Big Idea: The good life integrates four pillars of health, wealth, love, and happiness.

  • The Amish are so happy because they do not compartmentalize work from life.
  • Do whatever it takes to avoid hating Mondays.
  • The 2 Mile Rule: work and shop within 2 miles of your home; traffic (work/life compartmentalizing) is an enormous source of stress.
  • According to The Story of the Human Body by Liebermann, people used to sleep in one big room so today’s quiet, dark bedrooms (live/sleep compartmentalizing) are not what we are evolutionarily used to.
  • My life is my work and my work is my life.
  • If you only look forward to weekends and vacations, you’re doing something wrong.
  • Warren Buffett says he tap dances to work every day.
  • Eudaimonia is the good life.
  • The four pillars of the good life are: health, wealth, love (friends, family, romance), happiness (fulfillment).
  • Measure your life based on these 4 pillars and how well they are integrated.
  • Choose activities that integrate 2+ pillars.  Eg. office gym, physical work, read before a nap.
  • People in the material world aren’t happy.  Happiness is being part of something bigger than yourself. — Mother Theresa
  • The longest lasting married couples are childhood friends.
  • Work with your friends to integrate wealth and happiness.
  • Avoid the trap of doing something you don’t love to make money to do something you love.

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

Step 7: Martin Seligman’s Salary Slave and Learned Helplessness

The Big Idea: Take risks in life

  • The modern education system trains students to rely on others for their education
  • Read a book a day and become self-educated for happiness
  • Learned helplessness exists in education, health, income, love
  • Great nations are born stoic and die epicurean
  • In the American economy today, the consequences of failure are not catastrophic
  • You have to take risks to be happy
  • Playing it too safe is penny wise and dollar foolish
  • Jeff bezos says to innovate out of your problem (use creativity)
  • Learned helplessness is almost synonymous with depression
  • The antithesis of helplessness is creativity
  • Read Schwarzenegger’s book, Total Recall, to learn about reps and sets
  • Sloth and unreliability will guarantee being unsuccessful

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.

 

Step 6: Sculpture vs Lottery and the Anthropic Media Bias

The Big Idea: The media lies to you about success.  Success takes years of focused work towards a wisely-chosen goal.

  • The media lies to you about success
  • The media doesn’t emphasize Bill Gates worked 7 days a week for ten years.  Arnold Schwarzenegger worked out 4 hours a day during his teens.
  • Overnight success takes years
  • Learn to love the grind, because life is a grind, don’t wait
  • Love your life, perfect your life —Tecumseh
  • Sculpture Approach: identify a rock (goal) and chip away (work) until it becomes a sculpture (success)
  • Understand your strengths and choose goals that build upon your strengths
  • Jeff bezos embraces the truth
  • The narrative bias oversimplifies things
  • Magazines are the worst at oversimplifying things
  • Media bias will lead to the lottery bias (overnight success)
  • It took Warren Buffett 49 years to go from first stock purchase (1941) to billionaire (1990)
  • Spend a day trying to go to bed a little wiser than when you woke up —Charlie Munger
  • At the end of the day, if you live long enough, most people get what they deserve.  —Charlie Munger
  • Pick the rock of your health, wealth, love, and happiness and chip away
  • The trees that are slow to grow bear the best fruit. —Moliere

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.