January 16, 2018

Lessons from Dean Graziosi and Andy Frisella

Ideas, Thoughts and Quotes pulled from…

Multi-Millionaire Habits: Do You Have Them? ft. Dean Graziosi, with Andy Frisella – MFCEO #206

Learning from Other People

Collective wisdom is the fastest way to grow.

Dean Graziosi [00:12:27]

Thinking, figuring stuff out is only by your own trial and error, is so 1990, it’s just stupid; learn from else’s mistakes.

Dean Graziosi [00:15:16]

Learning from others’ mistakes and your own’s will always trump learning from your own’s only – I think I pulled this one from Tim Ferriss’ podcast #264 w/ Ray Dalio, or Ray’s book Principles: Life and Work.

Think of the people you surround yourself with and think if you would replace your life immediately with the people who give you advice and tell you, you’re a dreamer[, because their life is what you most probably will get in the end.]

Dean Graziosi [00:21:55]

Working on your Weaknesses, Confidence and ROI

The biggest lie we’ve ever been told is that you need to work on your weaknesses. […] Pay someone eventually to do what you’re weak at. Get amazing at what you’re good at.

Dean Graziosi [00:24:44]

The more time you spend working on something that you’re not good at, the more you rob confidence[, and it’s impossible to be successful without it.] You earn confidence by getting better at what you’re good at. […] Fine tune what you’re good at.

Dean Graziosi [00:28:04]

To gauge if you should do something by your own or rather hire someone to do it:

…think of the ROI of [your time].

Dean Graziosi [00:30:15]

Direction over Speed

To-do lists will always be there. What you have to do, is to create a not-to-do list. Because right now, you’re thinking time might be an issue. You can’t figure it out, because you don’t have a clear enough vision where you want to go and you’re doing s**t that doesn’t take you to the life that you desire.

Dean Graziosi [00:39:39]

Dean’s method to halt that behavior

For the next week, document what you do on a daily basis – just the big stuff. At the end of the week, go through it, make notes to each one and if it’s not serving you or a bigger future or the life you want, the relationship, the money, the income, the business that you want and doesn’t have to be on the to-do list, it has to go! [… Decide what you can eliminate, delegate and what you can automate.

Dean Graziosi [00:40:10]

You don’t need a time-management product, you just need to cut s**t that doesn’t serve you.

Dean Graziosi [00:41:08]

How Dean sees Total Fulfillment and what Money means to him

Money is just an amplifier for who you are. […] What money can do, is allow you to be a better version of yourself, […] a better human being, more empathetic for other people […], because [you] don’t have money as a worry. […] For me[, success,] is complete control of my life.

Dean Graziosi [00:42:32]

And what about Andy?

It’s just a way for me to make more impact.

Dean Graziosi [00:45:35]

Use whatever you can [or need to,] to be your fire. Get madly deeply disturbed by that and run away from it in a better direction.

Dean Graziosi [00:51:41]

To become motivated, and eventually successful, can also mean harnessing your dark side, as Andy elaborated with Tim S. Grover in MFCEO #199.

Protecting my confidence is the number one thing you have to do on a daily basis. And how do you stay confident? When you’re grateful, when you feel right, have a vision, when you’re pointing your positive point in the right direction.

Dean Graziosi [00:58:07]

Love to Win or Hate to Lose?

There is two types of people: there is people who love to win, and people who hate to lose. Which one wins? And which one are you?

Andy Frisella [01:03:02]

There are two ways to get the tallest building in town: you can smash anyone else’s, or focus on building your own so big that nobody will catch you. Build yourself up, don’t worry about what other people say, focus on you.

Dean Graziosi [01:03:20]