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7 Awesome Life Lessons From The Monk Who Sold His Ferrari

Live with Discipline

It takes courage to nurture self-discipline because it's not easy.
Get away from distractions and weak thoughts and focus your mind on the power and strength of your will.

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7 Awesome Life Lessons From The Monk Who Sold His Ferrari

7 Awesome Life Lessons From The Monk Who Sold His Ferrari

https://blog.mindvalley.com/life-lessons-the-monk-who-sold-his-ferrari/

blog.mindvalley.com

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Key Ideas

The Monk Who Sold His Ferrari

It is a story about materialistic success transforming into true prosperity. The personality development journey of both characters from the book is a guidebook to life.

The Protagonist, a seven-figure-making lawyer had everything, in search of wisdom and happiness, sold his belongings and headed to the Himalayan mountains where he studied the wisdom of the Sages.

Positive Thoughts

  • The quality of your life is determined by the quality of your thoughts. Mastering your mind means seeing setbacks as opportunities. 
  • Occupy your mind with uplifting thoughts, because they will give you the energy you'll need to attain the success you desire.

How To Attain Your Goal

  • Visualize your goal.
  • Keep yourself positively motivated.
  • Make a deadline.
  • Take steps daily.
  • Laugh along the way.

Be Bold, Positive and Brave

Go boldly where others cannot and do things that you fear.
Do the things you fear, because you're building the foundation of success and leadership within yourself. Leading yourself first gives others the vote of confidence that you're capable of leading them too.

Live with Discipline

It takes courage to nurture self-discipline because it's not easy.
Get away from distractions and weak thoughts and focus your mind on the power and strength of your will.

Do Not Waste Time

Time is finite and cannot be bought. Do not waste or kill time.

Being efficient with your time also means being ruthless about it.

You have to have the courage to say "no".

Kindness and Gratitude

in life, your time and energy are the two valuable resources you could offer to anyone. So focus on the quality of your contribution

Happiness vs Achievement

Don't sacrifice your happiness in the race to achieve big in life. 

At the end of the day, your happiness is a choice you have to make and is a journey you have to take.

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A Significant Life

Success without a life of significance is a waste, and if you are not happy, then success becomes meaningless. To have a life of significance, focus on the following dimensions:

  • Personal development.
  • Family.
  • Work-class work ethics.
  • An elevating network of friends and well-wishers.
  • Finding purpose in life, and making a difference.
Robin Sharma
Robin Sharma

"Greatness comes from living for a cause larger than you. And leaving our world better than you found it."

Real Life Lessons From Videogames
Real Life Lessons From Videogames
  1. Difficulty increases as you progress.
  2. If there are no obstacles you’re going in the wrong direction. 
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Being friends with your employees

... means they will do anything for your company.

Belfort had strong individual relationships with his employees, outside of the context of work. This led to more respect for him and a...

Do not rule someone out

... because of past issues.

Jordan Belfort took a chance on a handful of employees that were in dire situations. Despite past misconduct or lack of experience, he looked at personality and work ethic when making decisions.

As a result, he hired many of the "wrong types" of people. These people did great work for him, and felt indebted for the opportunity. It teaches to look beyond a resume or a few key signals when making hiring choices.

Building a company culture

Social gatherings are a great way to build company culture. Stratton Oakmont was extremely creative about the events that they had. These activities created a stronger bond between people at the company and offered a fun, social outlet.

Company get-togethers do not have to be as morally wrong as Stratton Oakmont's were to accomplish the same thing. Rather, it takes extra creativity and effort from a company.

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Think And Grow Rich

Written in 1937 after a 25-year research on some of the most economically successful individuals, the book is one of the universally recognized personal development masterpieces (more than o...

Thoughts are powerful

Thinking - the mixture of initiative, faith, willingness to win, and resilience - is more conducive to success than any other feature. 

Desire...

... is the one stage that links thoughts and actions together:

Thoughts → Committment (or Desire) → Action.

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Expectations shape your reality

They can change your life, emotionally and physically

You need to be extra careful about (and aware of) the expectations you harbor as the wrong ones make life unnecessarily dif...

The (un)fairness of life

A surprising number of us subconsciously expect life to be fair, and we believe that any unfairness that we experience will somehow be balanced out, even if we don’t do anything about it.

 If you’re stuck in that mindset, it’s time to get over it. When something “unfair” happens, don’t rely on outside forces to get you back on your feet. 

Opportunities don't just happen

One of the most important things a person can do is stick his or her neck out and seek opportunity. 

Just because you deserve a raise, a promotion, or a company car, doesn’t mean it’s going to happen. You have to make it happen. You have to put in the hard work, then go and get what’s yours. If we limit ourselves to what’s given to us, we are at the mercy of other people.

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Dilbert

Written by Scott Adams, is an 'infamous' comic strip that shows a humorous look in office life, but also manifests lessons on behavioral economics.

Behavioral Economics

.... refers to the study of how social and psychological factors (decisions made by an individual, institution or business) can affect the market and its resources.

A Lesson in Overconfidence

Dilbert’s boss shows overconfidence by assuming that all management is – himself included – above average. This is hardly the truth, in general. As for Dilbert’s boss, he completely misses the jab attacking his math skills because he’s too focused on himself.

Overconfidence of bosses can end up putting their companies in risky venturesWe all need to take some time to cool our egos and look at the world around us more realistically.

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Fundamental Principles From Think and Grow Rich
  • Everything which is tangible began as a thought: Anything that you create in your mind and trust that it is possible, you can achieve.
  • Win or quit, pick a side. Winners do not quit and quitters do not win.
  • Our minds receive ideas from the universe. The universe feeds us with ideas constantly.
  • If you have a burning desire for something, you can achieve it.
  • Failures don't mean that you have failed.
  • Have faith - an absolute certainty with no fear, that you will succeed.
  • Implementing your idea is the most important step of achieving your dreams.
Voltaire

“History never repeats itself. Man always does.”

Voltaire
History lessons
The most important lessons from history are the takeaways that are so broad they can apply to other fields, other historical times, and other people. 

The point is that the more specific a lesson of history is, the less relevant it becomes.

Adopting new views 

One of the interesting parts of the Great Depressions from history is not just how the economy collapsed, but how quickly and dramatically people’s views changed when it did.

People suffering from immediate, unexpected adversity are likely to adopt views they previously thought absurd. It’s not until your life is in full chaos (with your hopes and dreams your dreams unsure) that people begin taking ideas they’d never consider before seriously.

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Internet's favorite person

Keanu Reeves: philosopher, martial artist, musician, motorcycle enthusiast, movie star, conspiracy theories material and the internet's favourite person.

Throughout his ...

Don't let setbacks define you

A difficult start does not define the rest of your life.

Born in 1964 in Beirut, Lebanon, Keanu Reeves’ life began with an instability that would last throughout his childhood and teenage years. But he chose to find stability in chasing his own aspirations and grew into a man who takes responsibility for his own life and decisions.

Be generous

It can be more rewarding than riches.

Keanu is thought to have made about $110 million from Matrix, $75 million of which he reportedly gave to the special effects team and costume design department. He also bought the entire stunt team their own Harley Davidson motorcycles. Over the years, Keanu has also given millions to charities including PETA, the SickKids Foundation, and Stand Up To Cancer.

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