be right, but do not let fear stop us. The global distinction between wealthy people and poor people is that wealthy people act directly toward fear while poor people run away from fear, period.’
People used to “throw” and say this powerful word all around without really thinking the definition of it. Pretty clear example is when we drive a motorbike and that motorbike has an engine governor. Let’s say it has 60HP(Horse Power) and it has massive rocket engine which is capable of developing speed about 150mph, but what stops the bike from developing 150mph is the bike’s governor. That governor stops us from expanding our limiting beliefs. That’s what limiting belief does. It stops us when we should go forward and cause us to go backwards when we shouldn’t. We all have them. The reality we are looking at is just subjective. We can interpret things how we want, we can have the beliefs that empower us and shed the beliefs that disempowered us.
What Belfort used to do when he was interviewing the new employees is expanding their beliefs. He told them to put aside all their background and past and if they say the words he teaches them they will become as powerful as the most powerful CEO in whole America. Why was he saying this? Because he was instantly expanding their limiting beliefs and he was removing the “bikes governor” they used to have in the past.
No matter what happened to you in your past, you are not your past, but you are the resources and capabilities you gleam from it. That is the basis for all change because if you survive the worst of the worst and if you made the biggest mistakes and you are still breathing then you can learn from that. That builds muscle. It’s same as building real muscles on your body. If we want to build muscle we cannot push lightweight but the more force you use to push extraordinary weight to get to failure the more results we will see. Every successful person will tell you they failed lot of times. The more unwanted situations we survive the stronger we grow, we simply reverse the angle. When we change the way we look at things, the things we look at change. We will find so much power, passion, and internal fortitude from the past. If we have directions meaning vision not a goal because every goddamn person has a goal and they are mostly full of crap. We need goals but that’s not enough because goals get abandoned and the visions stay.
Jordan’s strategy is to motivate people to become the best salesman. He is not telling most of the definition. Everyone have individual strategy to prolong their vision to reach their goals.
Cardinal (Of the greatest importance; fundamental) planning would refer to planning something big or strategy.
Strategy means – a plan of action or policy designed to achieve a major or overall aim. It’s about controlling massive field of operations to achieving one’s goal. In this section I want you to imagine yourselves at a 3rd point of view at things. Imagine you are 100 feet off ground and you are looking down at some area, which of course is your objective, and you want to untangle the obstacles to achieve your goal. It’s like playing chess. It’s about moving the things in the tangled area. Providing activities down to the lower level of degree. You force all your power down there to provide actions to move your vision.
What is occurring when this cardinal planning is missing?
You are coach at a soccer team. You tell your attackers clear tactic how to dribble and pass the ball to achieve goals, but you left the defenders and mid fielders with poor information’s and nothing about covering the attackers from the opposite team. What happens? You lose 2-4 at your home field and you are now 7th place instead of 3th. That’s what happens when you leave some places unsupported and DE coordinated. This is why we are getting into trouble. We may take the enemies queen, but we will lose our king. Checkmate! When we have even a tiny tangled part it will cost a lot of problems in achieving the goal. Even the goal keeper needs to get info which footed the attacker are, what are the positions they are most likely to score and so on and so on. If we give good purpose, coordination, and a good tactic all over the places down from the rock standing hundred feet off ground, then we can rule the area and make gold out of coal.
Let’s get to the tactic!
Strategy is something which takes the whole plan, like a big massive subject, into smaller pieces, called tactics. Biggest mistake people make is getting clear tactic without figuring out what’s the big strategy. You know the small parts without knowing the big show to achieve your goal. You build a bridge, step by step, across a river that assembles two un-walkable forests. What’s the point in that? You build that bridge for no reason, just for ornament. You are missing the strategy of it, even thou you have beautiful bridge build step by step.
Let’s get to the bottom line. When you have something inside you that you are passionate about you should know 3 things: IT IS EASY, IT WORKS, YOU CAN DO IT! Money is a problem that needs to be solved. This is not a decade when you can just sit on your hands and let the business go, but you need to take actions and you do it NOW! Remember four things: Vision, The ability to manage your state, Beliefs, and Strategy. ONE LAST that is not a must but it’s like a glue to keep all things together are Standards. Standards are the way you want to live by, what you will not settle for unless then. Some people standards is to pay the bills so they pay all the bills, others are to pay some of the bills so they pay some of the bills. A standard is the first thing Jordan did to his employees’ first interview. He raised their standards and they will not satisfy with average.
“There is no amount of poverty that you can have in your life that can make one of the people wealthy, there is no amount of misery you can have in your life that can make one person happy, and there is no amount of sickness in your life that can make one person happy”