"The Billionaire Algorithm" | (it will change your future!)

many people think that they lack motivation when what they really lack is clarity if you can change your habits you can change your life for many of the habits and behaviors that we want to perform they're going to take longer than two minutes you know if you go to the gym you're not gonna work out for just two minutes but any habit can be started in less than two minutes everybody wants a transformation right everybody wants a radical improvement rapid success but we fail to realize that small habits and little choices are transforming us every day already that these times when you make a choice is slightly better slightly worse a little mistake or a small air 1% better 1% worse that these things compound over time and habits are the compound interest of self-improvement and so if you can learn to master those then you can make time work for you rather than get against you good habits make time your ally bad habits make time your enemy today I'm going to teach you how to build the habits that you need to get the results that you want there are four stages of habit formation I'm going to take you through each of those four so the four stages are noticing wanting doing and liking you cannot perform a habit or take an action if you do not notice something I need to see a coffee cup sitting on the side in order to pick it up first but it's not in my realm of knowledge I don't know it exists I can't do anything about it but then I need to want it I need to want to drink coffee and pick it up if I don't desire it or crave it then I will not take the action then there's doing you actually do the habit and then I need to enjoy the reward I need to enjoy drinking the coffee to repeat it again one of my favorite things about noticing when my favorite strategies for discussing it it's called implementation intentions so one of my favorite studies is about exercise and they had three cohorts in this study who's they have first cohort they said I just want you to track how often you workout for the next few weeks right so that's the standard cohort control group second group is that we want to track off and you exercise we're also gonna give you a motivation motivational speech presentation talk about the benefits of heart health why happens are good for you so on the third group they got the same presentation so they're equally motivated and then they did one thing differently and that one thing was they filled out this sentence they said during the next week I will partake in at least 20 minutes of vigorous exercise on this day in this too at this time in this place they specifically stated their intention to implement the behavior here's what happened first group one out of three of them worked out second group motivation did nothing as soon as they left the researchers facility the next day they weren't motivated it's like reading a book or watching a YouTube or listening to a motivational speaker and then you forget all about it twenty minutes later but the third group the group that has specific plan for how they were gonna implement the behavior nine out of ten of them worked out so you can increase your odds of success two to three X just by having a specific plan and this is the insight many people think that they lack motivation when what they really lack is clarity they think that they need to get more motivated than they need willpower in order to execute on a habit if I just felt like writing if I just felt like meditating I felt like working out then I would do it but in fact they don't have a plan for it so they wake up each day thinking I wonder if I'll feel motivated to write today wonder if I'll feel motivated to workout today but instead you can take the decision-making out of it by explicitly stating when where and how you want to implement the habit so you need to give your goals a time and a place to live in the world right give them space on your calendar core point about noticing is it's hard to change something if you're not aware of it and one way to become more aware of the opportunity to take action is that a specific plan for when it's going to happen Stage two wanting one of the most overlooked drivers of habits and human behavior is our physical environment and this is an interesting insight about our desires your environment often influences them we want things simply simply because they're an option right simply because they are in front of us at the time you walk into any living room in America we're - all the couches and chairs face they all look at the TVs like what does that room designed to get you to do we wonder why we sit and watch too much TV and it's because our desires are shaped in that way so thankfully you don't have to be the victim of your environment it can also be the architect of it you can decide to design something to make your good behaviors easier in your back so when it comes to habits you want to practice your guitar more frequently put it right in the middle of your living room so you run across a little time you want to read more when you make your bed in the morning take the book you want to read put it on top of the pillow and come back that night pick it up read a few pages go to sleep many of our desires are simply shaped because we have an environment that shapes us in that way so don't rely on willpower and self-control it's a lot easier to stick to better habits when you're presented with better options Stage three doing in the beginning the most important thing is just to shut up and put your reps in just make sure that you hone the skill right and you can start to think of it the way that I like to think of it is that any outcome that you wish to achieve is just a point along the spectrum of repetitions so if you have a few reps two more reps and you can imagine an easy goal moderate goal a hard goal the more reps that you put in the more that you more like you you are to achieve that goal and this is actually very similar to what I saw with my writing habit so after six articles at a hundred subscribers after twenty three a thousand after ninety six thirty four thousand one hundred and seventy seven hundred thousand two forty three and so on and every rep that I put in every article that I published was something that was moving me closer to the next outcome on that spectrum but you can't get around the fact that the repetitions matter so and this brings us to an interesting point which is that if getting your reps in is incredibly important then that means learning how to start is incredibly important because each repetition really any consistency with the habit is just an exercise in getting started each day you can get started over and over again and that's what consistency is for many of the habits and behaviors that we want to perform they're gonna take longer than two minutes you know if you go to the gym you're not gonna work out for just two minutes but any habit can be started in less than two minutes whether it's writing working out meditating anything and so the goal here is that you want to optimize for the beginning of the task you want your habits to act as an entrance ramp to a bigger routine what I like to say is you should optimize for the starting lineup right so often when we think about habits goals routines achievements it's all about the milestone we think about how much weight we want to lose how much money we learn our want to earn how many subscribers we want to have it's all fixed on the finish line but instead if you can optimize for the starting line and make it as easy as possible to get started and get your reps in often the outcomes just come as a natural result stage for liking so the only reason that we repeat behaviors is because we enjoy them because we like the reward if we don't enjoy the experience along the way we're unlikely to stick with it and that means that you need to figure out ways to bring a reward into the present moment because good habits have a problem and that problem is that for good habits the immediate consequence is there if there's a cost that happens in the moment but the reward is often delayed if I go to the gym now it's cost me time and energy and effort but the reward is I'll be fit three months from now or not get sick 10 years from now or so on the reward is delayed bad habits are often the reverse if I eat a doughnut right now the benefit is it tastes great and I get a hit of sugar and it's awesome and the consequence is delayed right I get overweight three weeks from now three months from now or so on so you need to figure out how to bring the reward into the present moment to stick to a good habit many people get a chain going and then they fall off track and they feel bad about it feel like oh I you know I ruined it I had this great thing and now it's over the streak is gone but we find when you look at top performers it's not that they don't make mistakes they make mistakes just like everybody else but they can just get back on track more quickly and in fact if you could just adhere to this one rule never miss twice then you would you know even if you fell off track every single time after you got back on track you still would do it 50% of the time change can happen plank by plank or by board habit by habit and gradually you can become someone new with consistency and repetition you can actually change not only your results of actually your identity and the reason that this is true is because the more evidence that we have for a belief the more likely we are to believe it so if you go to church every Sunday for 20 years you believe that you're religious if you study Spanish every Thursday night for 20 minutes you believe that you are studious the Asians that you take provide evidence for who you are and it's not that habits matter more necessarily on an individual basis each moment in life matters but what ends up happening is that over the broad span of time things that you do once or twice fade away and things that you do time after time day after day week after week accumulate the bulk of the evidence for what you believe about yourself and so every action that you take is actually a vote for the type of person that you want to become if you want to become someone new then you can take a new action and begin to accumulate evidence for that identity for that belief about yourself and that the more votes that you cast the more likely you are to win the election you don't need to be unanimous you don't have to be perfect all the time you just need to have the body of work so true change is actually not behavior change it's not results change it's not process change its identity change the goal is not to become do the goal is not to read a book it's to become a reader goals not to write a book or write an article to become a writer goes out to run a marathons to become a runner to become a type of person to develop an identity and the way to being something or becoming someone is through doing something so every time you sit down to write every time you practice that habit you are being a writer every time you play a sport you're being an athlete every time you practice painting or music or whatever you're being an artist your identity emerges out of the habits that you have it's not just about getting you to make small changes it's not just about putting a book on your pillow or putting an apple on the counter it's actually like getting you to believe something new about yourself something possible about yourself and habits are not only the method through which we achieve external measures of success like losing weight or gaining more it earning more money or meditating and reducing stress they are also the path through which we achieve internal change and actually become someone new they're the path through which we forge the identity that we have the deepest beliefs we have about ourselves our sense of self and so if you can change your habits you can change your life [Music]

Channel: Video Advice

Views: 1,582,712

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Keywords: video advice, video advice channel, Billionaire algorithm, future billionaires, future billionaires algorithm, habits, video advice habits, Billionaires routine, billionaires routine, Billionaire algorithm video, future billionaire, future billionaires routine

Id: jeqaIYchAI0

Length: 10min 0sec (600 seconds)

Published: Fri Nov 01 2019