Create Your Own Future
by Brian Tracy
Published date: 2002
Category: Self-help
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Index Topics & Notes
- Insight: People have a difficult time seeing themselves in a positive way - we tend to focus on the negative.
- Principle: Adopt positive affirmations.
- Definition: The principle of incremental improvement.
- Insight: Japan recovered from their war torn economy in the 1950s and 1960s using the principle of Kaizen: "continuous betterment."
- Insight: Kaizen is based on the idea that there are always little ways to improve performance.
- Insight: In Japanese organisations that used Kaizen, every employee is encouraged to seek out and implement improvements every single day.
- Insight: The cumulative impact of small changes over time is huge.
- Insight: The Kaizen principle is based on step by step improvements over quantum leaps.
- Insight: Mastery is the product of small improvements over a long time scale.
- Insight: Everyone has the ability to be excellent at something - through the long process of small improvements over time.
- Insight: Parkinson's Law with personal finance: expenses rise to meet income. This is dangerous if you want to meet financial goals.
- Insight: To achieve financial independence you must conciously break Parkinson's Law.
- Insight: Over time, if you violate Parkinson's Law with finances, you will save more and more.
- Principle: When income increases, save half of the increase.