Summary of 13 Business Rules of the Top 0.01%

Main Financial Strategies and Business Trends:

Start with a Transaction: The essence of starting a business is exchanging money for a product or service. Validate your idea by charging for it.
Under-Promise and Over-Deliver: Focus on solving a specific problem with a simple solution and exceed expectations in delivery.
Simplicity Over Complexity: Keep business models simple to avoid unnecessary complications that can hinder success.
Give to Get: Helping others leads to greater returns; adopt an abundance mindset to attract wealth.
Be Impeccable with Your Word: Trustworthiness is crucial in business relationships; consistently follow through on commitments.
Win or Learn: Embrace failures as learning opportunities to improve future business decisions.
Manage Energy, Not Time: Align tasks with your energy levels to maximize productivity.
Play to Win: Focus on creating value rather than merely protecting what you have.
Spend Money to Save Time: Invest in resources that free up your time for more valuable activities.
Delegate Effectively: Learn to delegate tasks and empower others to contribute, focusing on leadership and process improvement.
Be Incompetent: Allow your team to take ownership of tasks instead of doing everything yourself.
Be Patient with Results, Impatient with Action: Commit to long-term goals while maintaining a rigorous focus on daily activities.
Protect Your Reputation: Build a strong personal brand based on integrity, values, and authenticity.

Start a Business: Exchange money for a product/service.
Deliver Value: Solve a clear problem and exceed customer expectations.
Keep It Simple: Focus on one customer, one product, one marketing method, and one sales strategy for a year.
Adopt an Abundance Mindset: Help others to create value for yourself.
Trustworthiness: Be consistent in your commitments.
Learn from Failures: Analyze setbacks for lessons.
Energy Management: Schedule tasks according to your energy levels.
Wealth Creation Focus: Prioritize opportunities that expand your wealth.
Invest in Time Savings: Use resources to reclaim your time.
Effective Delegation: Document processes and empower your team.
Long-Term Patience: Commit to activities that lead to long-term success.
Reputation Management: Build a brand based on trust and integrity.

— 00:01 — « These rules are what allowed me to go from broke 22 year-old to a multi-millionaire today. »

— 13:40 — « 80% done by somebody else is 100% freaking awesome. »

— 17:31 — « Be patient with results but impatient with action. »

— 19:11 — « Your inner conversation creates your outer world. »

— 22:00 — « Don't focus on a niche, become the niche. »