Hello a Luxor’s and to welcome back straight out of the gate you’re going to love this article we’ve been thinking of making this one for a while now and the time has come to deliver most people struggle with making decisions with how to be more productive and make sense of their lives this one’s for you
Doing research for years we’ve used these rules to get out of weird situations to make the most of our time and get an edge over others we recommend you go through this list with us and write it down so you can apply it to your life starting today once you’ve got the tools you need you’re ready to begin here are the 5 rules that make your life so much easier and profitable.
The 100:10:3:1 Investing Rule:
Investing rule this first one is an investment rule most of you are interested in real estate investing and this is probably the most well-known rule between professional properties investors if you’re going to buy any property you need to know this the 100 three-one rule goes like this to make a smart investment.
An investor must look at least 100 properties to find 10 potential deals that can be profitable from these 10 potential deals an investor will submit aggressive but fair offers on three of them of these three offers submitted one will be accepted 100 three one but that one property is going to make you a lot of money then repeat write it down and
remember it if you’re serious about real estate investments this is the Foundation you want to build on if you rush this you’re going to lose money.
The You Cut I Pick Rule:
The number two the you-cut I pick rule we love this rule so much one of our mentors taught it to us after selling a twenty million dollar business he said he uses it all the time, Both in business and at home with his kids let’s say your kids are fighting over the last piece of cake in the fridge and both of them claim it to be rightfully theirs here’s how the rule works.
One person cuts and the other person gets to pick which half they want to keep this amazing rule gives power to both sides it’s one of those smart tricks that maximizes the return and also minimizes the risk at the same time one kid cuts the piece of cake and the other gets to choose which side they want.
Because of this both parties win and the result is usually the perfect cut this works great in business and in life some of you might be surprised to find out but this rule is actually. Mentioned in the Bible as a tool to solve issues of this sort in the book of Genesis chapter thirteen to be precise.
The 100 Hour Rule:
The number three the 100-hour rule this is one of those rules that should put clarity on what you should prioritize in life it was repopulation influencer jay Shetty it all boils down to a big and simple question if you had 100 hours to invest in three buckets what you’re good at what your average at and what you’re bad at how would you split those hours take a moment to make your decision would you bit more on other parts.
When the same question was asked to the most successful and smart people in the world their answer is beyond interesting they said they would either put 80% into what, They were really good at and ten and ten in the other two or 100% and zero and Zero.
This is a really important day Luxor’s you need to invest almost all of your efforts into what your exceptionally good at forget everything else and focus on your strengths because this focus allows you to get ahead and win everything else will just result in you Being average and lose.
The Ten Ten Ten Rule:
The number four the ten ten ten rule this is another decision-making rule that works great it’s frequently used by people like Warren Buffett and other billionaire investors to figure out what to do basically.
When stressing over something use the ten ten ten rule how will I feel about this in ten minutes ten months and what about ten years after getting some perspective you’ll notice how very few things end up worth stressing over a choice might feel good in the moment. But have negative effects over the medium or long term the reverse is also possible, Maybe something will suck in the next ten minutes and even a bit afterward but it will pay off in the long run any decision you have to make run it by the rule of tens and you’ll start making better calls immediately.
The 5AM Rule:
5:00 a.m. rule what do Tim Cook Benjamin Franklin Howard Schultz Elon Musk Jack Dorsey Richard Branson the ROC and Kevin Hart all have in common they wake up Freakishly early they all sleep less than six hours every night with a majority waking up around 5:00 a.m.
When Alex was only a blog in the early days there was a period of time in 2015 when the website really struggled due to a sudden change in Google’s algorithm we lost around 75 percent of our traffic which meant a 75% cut in our revenue while our expenses remain the same our solution whenever we deal with any sort of problem like this is to do two things.
Learn more and to work more so far it hasn’t failed us in our research we found an old piece by author Robin Sharma who’s been waking up consistently at 5:00 a.m. and swears by it he even made a rule of how to optimize this to be more productive splitting your first hour into three 20-minute activities the first 20 minutes immediately jump out of bed and start working out push-ups are a great way to snap out of that sleepy state, This gets the blood rushing through your body and wakes you up the next 20 minutes are about learning something new this is where we used to come to YouTube and watch TED talks on whatever title we found interesting that morning the more varied the library of content the better back then.
We didn’t have a Lux as an article resource so you’ve got that going for you the last 20 minutes are planning make a list of the objectives you have for the day and what you’re looking to achieve by 6:00 a.m. you’re ready to crush it in our experience we felt like We knew a secret nobody else knew.
We were part of the 5 a.m. Club of high achievers we were crushing everything we used to do before 12 then we took a short break and got back to work for another session while everybody was working normal hours we were putting in those extra hours that made all the Difference that’s the time when we started investing in YouTube since then Robin Sharma has polished a lot of this concept and has even distilled it all in a new book called the 5 a.m. club.
