Monthly Archives: July 2007

It’s easy to tell how much you make, lets just look at your friends.

Law of AttractionLaw of Association – “You become like the combined average of the five people who you associate the most with.”

Am I making such an unrealistic suggestion that I can roughly tell how much you earn by looking at your friends? I would argue that by looking at one’s associates it is easy to tell what type of person he/she is, and yes what potential type of income they might have. Is it absolutely true, not necessarily but I’d argue it is a good gauge.

  • If all of your friends work a min wage job, isn’t it a pretty good guesstimate that you work a min wage job.
  • If most of your friends play basketball, isn’t probable that you play basketball too?
  • When all your buddies used to smoke whatever, you’ll probably be smoking right along with them.
  • If all of your friends get straight A’s, I wouldn’t be surprised if your doing fairly well in school
  • If most of your buddies dropped out of school, it’s likely you might too.

You may strongly object this idea that we are like the people we associate with, if you are one to say, “I’m not like my friends.” And maybe thats true, but most of the time, it is easy to tell what a person is like by simple seeing the people around them. And whether you like it or not, your friends are always influencing your decisions for good or bad. We are all affected by our environment, some more then others.

One of the most profound ways to help you achieve your wildest dream, is to associate with, those who have done it before. Get around those who have been where you want to go, who have done what you want to do, who have what you want to get. You can dramatically excell your learning curve by 3, 4, 5, 10, 15, even 30 years potentially by getting around an expert who has already done what you want to do.

What is a friend? The dictionary defines a friend as, “a person attached to another by feelings of affection or personal regard.” So you could be 20 and have a friend who’s 60 years old with a child, who does complete opposite work and has complete different hobbies than you. Your not really like your 60 year old friend, I know that.

Law of Association is “You become like the combined average of the five people who you associate with the most.”

I would argue, that you have some similar interests, mindsets as the friends you hang out with the most. And it is the close inner circle who I would argue you are like, or else why would you associate with people so much if you didn’t share the same sort of interests as each other. Maybe your different, but I don’t very often, I will sometimes, but not really engage myself a ton in associating with people who are only interested in going to school, and then getting a safe secure job. Or people who aren’t that motivated in life, are satisfied by working a min wage job.

Steve Jobs and Bill Gates

Steve Jobs and Bill Gates

You wouldn’t see Bill Gates hanging out with an employee of McDonalds acting as a fry flipper, absolutely not. Bill Gates will associate himself with Steve Jobs, the founders of Google, High-Up executives, people in the tech industry, successful. Just as the McDonalds employee will hang out with other employees that work with him. Junius Morgan, the founder of JS. Morgan and Company, which would later become JP Morgan, one of the largest and most successful financial company in the world, raised a son named Pierpoint Morgan, would would later run the JP Morgan, and company buisness. Junius Morgan knew the power of association with his son, so he made sure his son while growing up was around the peers who were most successful. Now whether you like the idea of a father basically telling his child who most to associate with is right or wrong is not the point, the point is he understood something, he understood the power that association has.

McDoanlds EmployeesIf you were a parent and raised kids, you wouldn’t want them hanging around all the other kids who were doing drugs all day, and dropping out of school. Why, because you’d fear your child who do the same thing. And hey, I’m not dissing on McDonalds, they are a equal opportunity employer. But I would argue that if you know someone working at McDonalds, they probably don’t associate themselves with a lot of people who are reading books on finances, learning how to invest, learning how to become financially indepdent, maybe some of them, but most aren’t.

So I got a chance to meet my buddy Steve Truong‘s friends, we associate a lot now, he is a real estate investor and an internet entrepreneur. Thats why we talk, I don’t think we’d be talking if we didn’t have similar interests, actually, I know we wouldn’t. I thought most of them were just casual friends, well they were, but almost all of them were doing things, particularly real estate. Out of the 7 or so people, 5 of them were real estate investors. One real estate broker agent, one mortgage broker, two house flippers, Steve an investor, a young 17 year old Donald getting into it, and myself, a real estate investor. Once you understand the law of association, you notice things. I said wow, he really does got some people he associates who do the buisness, no wonder he is doing well with real estate, all of his friends are doing it. All of his friends are making money, I know he makes money.

If you get a chance, you can really just sit down, and see if your friends are helping you achieve your goals, or are holding you back. Are your friends going the same direction as you, if there not, get around some who are going where you want to go. If you want to become rich, associate with rich people. If you want to become a professional athletes, associate with professional athletes. If you want to become a straight A student, associate with straight A students, watch them, study them, see what they do, how they do it, when they do it, adopt their very psychology. Want to become a successful real estate investor, get around them. Thats why I goto a real estate investment club, to help someone up, you have to be on higher ground, are the people around you on higher ground who can help you up to where u want to be?

Here are some examples of associations, can you see how each one would affect you, which ones would you like to associate with?

Donald Trump and Robert Kiyosaki

Homeless People

Google Guys (below)

Google Guys

Friends smoke together

YouTube (Chad Hurley and Steve Chen)

YouTube Founders

Workout Partners

Overweight couple (together)

Who are you associating with?

Bill Gates, no longer the richest man in the world

Mexican telecom tycoon Carlos Slim Helu is now the world’s richest man, according to a Mexican financial Web site Sentido Commun which has been tracking the telecom mogul’s wealth.

The Mexican telecommunications magnate is said to have displaced Microsoft czar Bill Gates from the top spot following a 27% rise in the price of the shares of his company America Movil. This spurt increased Slim’s wealth to $67.84 billion. Slim also controls telecom firms Telmex and Telcel.

The Web site said that Slim’s fortune is nearly equal to 8% of Mexico’s GDP.

Bill Gates, who had been the ranked the world’s wealthiest man for the last 13 years, is said to be worth $59.2 billion.

In April, Forbes magazine had reported that Slim had become the world’s second richest man, moving ahead of legendary American investor Warren Buffett.

The 67-year-old Carlos Slim is the son of a Lebanese immigrant, and although he is lords over his telecom empire, his sons and son-in-law look after the day-to-day operations of his companies.

Depressed? Follow Your Bliss : What Excites You?

It amazes me how many people sorta go throughout their day, negative, depressed, and not sure what to do.  The for sure way to be depressed is to look at what you have, and focus on what you don’t have.  Thinking of all the things you wish you had in life, but looking at everything you don’t have is a sure way to miserable.  Instead, sometimes its best instead, to look back and see how far you’ve come up untill now, your current point.

I believe one of the main reasons that most people are unhappy because most people just sorta go about life, and taking whatever life gives them, which is being broke.  Sorta like going to work a random job just because you need money, instead of working a job because it is something that excites you.  Or doing things that don’t make you happy because you feel like your obligated to do them.  Tell you what, your not obligated to do much of anything.

The problem is most people will never define what they want in life, so they are like a ship in the middle of a sea with no sail, no destination.   How far do you think christopher columbus would have got if he was sitting in the middle of the ocean just sorta scratching his head.

What is it you want in life, and if you definite it and go after it you are going to be doing something that excites you. Throw away all the crap that doesn’t make you happy, follow, and pursue what excites you and interests you.

Here is a good question, and life changing if you actually do it, and most people won’t even write down an answer to it. Will you?

What would you do, have or be if you knew you couldn’t fail?

Answering this one question will put you in the top 20% of the population.

Making an action plan to achieve your desires will put you in the top 20% of the top 20%.

Doing your plan will put you in the top 20% of the top 20% of the 20%.

Guess what percentage your in if you don’t answer this question, the 80% of the broke population, the 80% of the people who have no idea what they want in life, so they just sorta linger around, trying to get through the day.  Just surviving every day is what animals do.

So what would you do if you knew you couldn’t fail?  Do you know, have you done it.  Sit down and do it right now, or tonight, don’t procrastinate read this blog post and then leave.  You might not as well read this if your not going to take any action.  It’ll take some time to think of what you want, but it is very important.  Will you do it, I dare you, most of my friends won’t do it, will you?

If you’ve done it before, do it again, unless you can whip up the one u created in 5 minutes or less, its time to create a new life mission.  What would you do if you knew you couldn’t fail?

Follow your bliss, don’t be depressed, figure what it is what you ant to do, focus on what you have, see how far you have come, know whats possible is possible for you, know people in worst situations have done incredible things, realize that whether you think you can, or think you can’t your right.  Know that there is people that will help you along the way, life is short, and for john lennon life was extra short.  You don’t want to wind up 20 years later and realize that you could have done alot more.

Thoughts become actions, actions become habits, habits become character, character becomes your destiny.

Now lets think pro-active, one of the habits of the seven habits of highly effective people are taking a proactive stance on action.  What is it you want, write it down, figure it out.

My Library

 Here are most of the books/audibooks/programs in my library.  I have an ipod nano which has 95% audiobooks on it, and a new 30gb ipod video which is 100% audiobooks only.  No music just personal development, interesting.

— Book Library —

How to Read a Book
Good to Great
The Lessons of History
The Magic of thinkign big
What’s your exit strategy
7 Stratgeies for wealth & happiness
Inspire any audience
The winning Attitude
Developing the leaders around you
Becoming a person of influence
Life’s greatest Lessons
Getting to Yes
Life is a series of presentations
A random walk down wall street
How to talk to anyone anytime anywhere
Profiles of Success
Six Great Ideas
Exit Stragedy
The Slight Edge
SELLING-tom hopkins
THe paradox of Choice
The worldyphilosophers
The E-myth
E-myth mastery
The tipping Point
Think and Grow Rich
The Leader in You
How to develop self-consicese and influence people by public speaking
the quick and easy way to effective speaking
How to stop worrying and start living
How to win friends and influence people
Public Speaking for Success
Little ed Book of Selling
Bulletproof Asset Protection
The Ultimate Gift
Grinding It Out: The Making Of Mcdonald’s
Business @ the Speed of Thought: Succeeding in the Digital Economy – bill gates
Buffett: The Making of an American Capitalist
The Autobiography of Benjamin Franklin
he Autobiography of Martin Luther King, Jr.
Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing – Virgin Empires
Andrew Carnegie – biograhpy
Einstein: His Life and Universe
Adolf Hitler: The Definitive Biography
Titan: The Life of John D. Rockefeller, Sr.
Sam Walton: Made In America
Mellon: An American Life
Success Acceleration
Ideas and Opions

— IPOD Library —

77 Laws of success with women and dating
9 Steps to Financial Freedom
America’s Greatest Tatx Screts Revealed
Becoming a Sales Superstar
Big Picture Investing
Cougar To be Rich
Cultivating an Unshakable Character
Designing your life
Effective Manager
Financial Freedom
Get the Edge
How to be a NLP
How to Be a winner
If it ain’t broke, break it
Laws of Money, lessons of life
Lessons in Mastery
Live with Passion
Manifesting your Destiny
Master with Women
Personal Power
Personal Power IIPositivity
Psycology of Winning
Accelerated Wealth
Revolutionary Wealth
Road to Wealth
Total Estate Planning
Total Lawsuit & ASset Protection
Sales Dogs
Secrets of the Universie
Secrets to Success
Sell your way to the top
Success and the Self-Image
The art of Exceptional Living – MUST SEE
The Cerfiable Salesperson
The fountain of Wealth
The weekend millionaire real estate investor
Transforming debt into wealth
Unlimited Financial Success
21 irrefefutable laws of leadership
Never accept advice from anyone more screwed up than you are
Unlimited Power
The seven habitits of highly effective people
mastering the seven habits
Jim Rohn’s weekend mastermind program

— Video Library —

The Secret