15 Rules That Make You Rich & Life Easier

1. 100:10:3:1 Investing Rule (e.g. 100 properties: 10 deals: 3 offers: 1 accepted). 2. The You cut – I pick rule – gives power to both sides (mentioned in Genesis, chapter 13). 3. The 100 hour rule (divide the 100 by what you’re good at, average at, and bad at, and then focus on your strengths, what you’re exceptionally good at). 4. The 10-10-10 rule (decision-making rule for stressful situations, ask: how would I feel about this in 10 mins, 10 months, 10 years). 5. The 5 AM Rule (split your morning to 3 20 mins activity, refer to Robin Sharma’s 5 am club). 6. The 2 Minute Rule – If it only takes two minutes to do, just do it (also a cure for procrastination). 7. The 80/20 Rule – 20% of your actions account for the 80% results). 8. The Left-Hand Rule (keep things on your left hand, and leave the right available for shaking). 9. The Apology Rule (effective apology consists of 3 parts: 1) Acknowledge you were wrong and how it affected the person or outcome 2) Say you’re sorry 3) Describe that you’re going to do to make it right or make sure it doesn’t happen again, don’t excuse/explain). 10. The Golden Rule – Do unto others what you would want them do unto you. 11. The Monkey = Time Rule (evaluating whether something’s worth buying). 12. The Odd Time Rule – People will be less likely to be late attending an add-hour meeting (3.47 vs 4 o’clock). 13. The 10,000 Hours Rule – to become an expert at something 14. The Stay Poor – Be Rich Rule – the more time a person is willing to live like they’re poor despite not having to, the richer they become – similar to delayed gratification). 15. The Coin Rule – flip a coin to listen to your gut whilst it’s in the air. 16. Bonus: The First Date Rule – the guy should always pay for the meal, the girl should pay for the desert.