Give Me 12 Minutes And You'll Get Ahead Of 97% Of People

About this Video

• Video Title: Give Me 12 Minutes And You'll Get Ahead Of 97% Of People
• Channel: Steve | Call to Leap
• Speakers: Steve
• Duration: 10:55

Introduction

This video presents five fundamental principles to achieve financial success, emphasizing smart work over hard work and focusing on the right things. The speaker, Steve, a former teacher and current personal finance educator, shares his experiences and strategies.

Key Takeaways

1. The 95/5 Rule: True, lasting success is built on consistent daily actions (95%) rather than focusing solely on the visible highlights (5%). This applies to finances, where consistent small investments compound over time.
2. Discomfort as Motivation: Change often occurs when the pain of staying the same outweighs the pain of change. Facing financial realities, even uncomfortable ones, leads to better awareness and decision-making.
3. The Power of Beliefs: The Pygmalian effect and confirmation bias influence financial behavior. A growth mindset, believing in opportunities and abundance, promotes progress, unlike a scarcity mindset.
4. The One In, Two Out Rule: Prioritize high-value activities. Calculate your hourly rate and outsource tasks costing less, freeing time for higher-impact work.
5. Moving from Low to High Accountability: Progress involves shifting from easily replaceable roles to positions with unique value and greater responsibility. Skill stacking (combining core skills with supporting ones) enhances impact.