I swear fans seem more willing to talk about potential
mistakes than successes.
And I said, «Well, I love learning and I find that I learn much more from
my mistakes than my success.»
Not exact matches
Just as there is no one path that guarantees
success, there is not one single
mistake that will doom a startup to failure — there's more
than 50, actually.
[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid of your fear of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think of the current situation [12:45] The office is far bigger
than the occupant [13:35] Information helps reduce fear [14:25] James's story of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story of Adolphe Merkle [16:05] The story of Chuck Feeney [16:55] The importance of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more
than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55]
Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't
mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out of suffering [43:40] Focus on appreciation, joy and love [44:30] Step out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?
The formula for invention
success is a mix of creativity, knowledge of development and marketing (Market - Step process), having the mindset to take risks (even small ones), willingness to learn from
mistakes (rather
than quitting), and the right timing in the market.
Johnstone wraps up our conversation with some words of wisdom for young and aspiring entrepreneurs: «You'll learn far more from your
mistakes than you ever will from your
successes.»
Say, for example, rather
than having a committed belief in the right to bear arms, you have identified yourself as a raging bull on some US tech stock, the fact such a bias could lead you to make
mistakes when analysing fresh data on that business does not bode well for the
success of your portfolio.
As we stated it is much more a form of auto trader
than it is a binary options website but you can still place your own trades too but make no
mistake about it the site is made to help you coattail off the
success of experienced traders.
«Our Vice Chairman, Charlie Munger, has always emphasized the study of
mistakes rather
than successes, both in business and other aspects of life.»
We should not make the
mistake of thinking it will be easy though, even though their Italian midfielder Thiago Motta has been talking up our quality and saying that we will be tougher
than Chelsea who they have faced with
success in recent seasons.
Unfortunately, the miracle - loving media rarely bother to ask about these factors when they highlight the
success of a program which does offer a better quality meal
than most, leaving the public with the
mistaken idea that all it takes is the will to do better.
The key to understanding the
success of Moscow's penetration agents in government ministries, the failures to detect them swiftly and the counter - espionage
mistakes in handling them lies in sex discrimination rather
than class discrimination.
In most schools, «
success» is defined as getting high marks on tests, with results (and minimal or no
mistakes) mattering more
than the process of learning or the process of getting to the answer.
If we don't learn from our
mistakes we may be fooled into thinking we have more control over our
success than we actually do.
Some of the most important investment lessons for beginners centre on learning how to make the best long - term stock picks while staying away from costly investing
mistakes Investing
success comes from making more right decisions
than wrong ones over a long period of time.
They focus as much, if not more time studying their
mistakes than they do their
successes.
In fact, I would argue that keeping track of your
mistakes is more important
than your
successes.
Trust me when I say this — Although I've had relative
success with investing through the years, my biggest
mistakes (and lessons learned from them) are so much more valuable and informative to you readers
than anything else I post on here...
Success has much less to do with punishing accidents when she makes a
mistake,
than with making sure that your puppy gets lots of experience peeing and pooping on grass.
This will give you a much higher
success rate
than if you didn't stick to a routine, and fewer
mistakes means more opportunities for praise and quicker learning.
It is an evolving process, as I have made a few
mistakes along the way (okay, maybe more
than a few), and in turn had my own share of
successes.
Combined they have more lives
than a crazy cat lady's Alphabet City apartment can hold, but they've each learned from their
mistakes — and their
successes.
It is an understandable road for an institution to take if it wants to minimize
mistakes and guarantee an acquisition
success rate of higher
than 10 percent.
It's true that we learn more from our
mistakes than we do from our
successes.
«Like everything in life, you learn more from your
mistakes and what goes wrong
than your
successes,» he said.
If you'd like to talk to us, I'd be more
than happy to sit down and talk to you, more about my
mistakes, because I think you learn more from
mistakes than you do people's
successes.