Brian Tracy – The Miracle of Self-Discipline, Part 3

18 Sep

This blog post will continute my summary of The Miracle of Self-Discipline.

5) The Disicpline of Excellent Health Habits:

  • Try to live to be 100.
  • Design and imagine your ideal body.
  • Exercise every day even if it is just walking.
  • A great start of the day. Being on top, before other people wake up.
  • Just do it. You feel better afterwards

The significant thing here is to start small and build on it and just keep the routine.
By using visualization it is easier to see the future and reward oneself as one gets closer to the goal.

That is why the clear goal setting part is important.

6) The Disicpline of regular saving and investing.

  • Save 1 % and live on 99%.
  • then 2% and live on 98%.
  • Change frame of : “enjoy spending to I enjoy saving.”
  1. I buy something. Spend 10 Euros. I get the thing I bought.
  2. I get 10 Euros if I dont buy this.I cannot have both.

What do I do?

Tracy continues on the topic of private investment strategies:

He says Investigation is very important. By investigating more the more value is at stake one can more easily avoid misstakes. These misstakes, could be influenced at the moment by persuasion instead of true reason.

By delaying major pruchases for more days one buys time to think, to understand the decision.

Keeping note over expenditure is great

Delay major purchases for 30 days or atleast a few days.

The goal from 1-2% of salary should be 10%-20% of salary according to Tracy.

Key words to remember (Not from book): Emergency, fun and investment-account.

Divide money into different categories to trylly make use of your money in a good way.

7) The dicipline of hard work.
Goal: Develop a reputation for being a hard, hard worker.
Work hard, work quickly, from beginning.
Prioritize.

When feeling distracted or interrupted, repeath back to work, back to work.

8 – The Disicpline of Continuous Learning.
To earn more you must learn more.

Read 30-60 minutes each day. This translates into a book per week.
50 books per year, equalling a readable account of an education.
Seminars are another source of knowledge.

9 – The Disipline of Persistence:

Courage, according to Brian Tracy, has two parts;
1) To begin
2) To endure.

Persisistence is the measure of your belief in yourself and in what you are doing.
Believe in goodness and rightness of what is being done and persist.
More persisting leads to better character and self esteem.

By enduring one becomes a stronger person.

The Practise of self-disipline in life gives, according to Brian Tracy, benefits of:

  • Guarantee of sucess.
  • More done and faster and better quality.
  • More control.
  • Self respect.

Future book from Brian Tracy: Eat that frog! 

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