Study Notes of Brian Tracy's "The Miracle of Self-Discipline" Lecture

  • Sacrifice is the ability to discipline yourself, to delay gratification in the short term so you enjoy far greater rewards in the long term.
  • Do you do what's hard but necessary? or what's fun? Which will you do? Successful people have the ability to do things when it needs to be done.
  • It takes 21 days to develop a new habit. Practice self-discipline everyday without exception.
  • Herbert Gray's common denominator of success - "successful people make a habit of doing what unsuccessful people don't like to do."
  • There are 9 disciplines that you can develop to better your life:
    1. Clear Thinking - the quality of your thinking determines the quality of your choices.
      • You need to take time to think. Fast decisions are usually wrong decisions.
      • Solitude is sometimes needed. Sit quietly for 25-30 minutes for the mind to clear.
      • Write your problems and all of its details on paper. Stay objective.
      • Be open to new ideas and possibilities.
    2. Daily Goal Setting - focus and concentration are pertinent for success.
      • If you can't focus or concentrate, you will work for someone who will focus and concentrate for you (your manager).
      • Use a spiral notebook to write down your goals every morning.
      • Always use personal voice, present tense, and positive tones.
    3. Daily Time Management - every minute spent in planning saves 10 minutes in execution.
      • Begin your day with a list of everything you need to do (do it the night before) today.
      • Never do a B task, when you have an A task undone. Do important things first.
    4. Courage - the ability to confront your fears and overcome them.
      • Confront your fears for what it does for your character.
      • Tell yourself, "I can do it," every time repeatedly.
    5. Excellent Health Habits - become the best mental image of yourself. 
      • Design your perfect body and work towards that image.
      • "Eat less and exercise more." Best time to exercise is in the morning.
      • Drink 8 glasses of water a day to wash all the impurities away.
      • Eat only fruits, vegetables, and protein. No coke, pasta, dessert, salt, etc.
      • Visit your doctors regularly and keep up with your health.
    6. Regular Savings & Investing - providing for yourself financially and being independent.
      • Successful people hate debt. Millionaires never buy new cars.
      • Instead of liking to spend money, rewire your mentality to enjoy saving money.
      • The rule for financial independence is to save 10-20% of your income, then invest.
      • Develop the habit of living off of less than what you're paid - save the rest.
      • Delay and defer major buying decisions - "30 day" rule, make better decisions.
      • 2/3 of all success in investing or business is avoiding mistakes.
      • Pay all purchases with cash when possible and use your cards as little as possible.
    7. Hard Work - developing a reputation as a hard worker.
      • Most millionaires worked 60-70 hours a week for years before they broke through.
      • Work all the time you work. When you go to work, work. Don't waste a minute.
      • No matter what distractions come up, think " back to work."
      • Start one hour earlier. Stay one hour later. Be the one to turn off the lights.
    8. Continuous Learning - to earn more, you need to learn more (new knowledge and skills).
      • Work at least as hard on yourself as you do on your work.
      • Reading 50 books a year is equivalent to receiving a Ph.D in your field.
      • Take extra courses and attend seminars. Look for one new idea/technique.
    9. Persistence - the greatest test of self-discipline is when you face diversity and drive forward.
      • Courage has 2 parts: the courage to begin and the courage to endure.
      • Self-discipline leads to self-esteem, which leads to a happier and healthier life.


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