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Radically Proactive Habits That Pay Off Exponentially in 10 Years

Move Your Body

  • Even though this may seem like common advice, it helps to have an active lifestyle, as it helps our body in immense, untold ways.
  • We can slow our bodies decline, the natural deterioration process, slow down memory loss, and improve our brain by regular exercise.
  • Exercise also helps us overcome stress and depression.

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Radically Proactive Habits That Pay Off Exponentially in 10 Years

Radically Proactive Habits That Pay Off Exponentially in 10 Years

https://medium.com/illumination/4-radically-proactive-habits-that-pay-off-exponentially-in-10-years-e7cc13632b1d

medium.com

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Key Ideas

Plan For the Future

Being proactive and thinking long-term while making decisions in the present is something that primes us for a better and deliberate future.

We start to consider the second-order consequences of our decisions, understanding that short-term thinking is too common, and long-term thinking is a superpower.

Self-Investing

Take care of yourself in the long run with these compounding activities:

  1. Learning how to make something of value to others.
  2. Learning a skill that makes you stand out of the crowd.
  3. Reading books about distinct topics that are relevant to your career and personal growth.
  4. Setting up a broad-based fund that invests some money from your income, to build your wealth.

Reading To Get Smarter

Reading makes our brain exercise, and all successful people share this habit.

Reading reduces stress and increases your emotional intelligence. The slice of life your brain is exposed to, whether you read for self-improvement or pleasure, will make you more focused at work.

Your Side Hustle

Our daily grind makes us skip the ‘side-hustle’, our passion projects like writing a book, blogging, learning a new skill, starting an online business, painting or designing something.

If our actual work stresses us, a passion project will help absorb that pressure and make you happy, even if you don’t earn any money from it.

Move Your Body

  • Even though this may seem like common advice, it helps to have an active lifestyle, as it helps our body in immense, untold ways.
  • We can slow our bodies decline, the natural deterioration process, slow down memory loss, and improve our brain by regular exercise.
  • Exercise also helps us overcome stress and depression.

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To build your early retirement strategy, you need to determine your retire early or financial independence (FI) number. It is the amount of money you need for work to become optional. Be aware that the number will (and should) change as you change, and your desired lifestyle evolves.

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Optimal choices

Ask yourself, knowing what you know now, is there anything you are doing today that you wouldn't do again if you were able to?  

Be willing to stop doing what no longer works. Sometimes it is best to cut your losses and try something else. Be prepared to take risks and understand the potential failure that goes with a new course of action.

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Acquire relevant skills, experience or industry knowledge necessary and ensure you have the passion and competence for what you are going to work on.

A good start is to monetize the skills you already have that are related to the side hustle you want to establish this. And if you lack key skills that relate to your interests or the side hustle you want to create, there's no better time than the present to learn them. 

Validate Your Side Hustle

Your side hustle idea may seem awesome and disruptive to you, but your potential customers will likely ignore it like most “brilliant ideas” or even not have a need for it. So, ensure you're not creating a solution to a problem that doesn't exist, as this is one of the top causes of startup failures.

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People who have high self-control aren’t missing out on enjoyment. Not being able to resist temptation and enjoying life are not the same things.

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Biological limits to self-control

Research showed that self-control is ultimately limited by our biology. We can’t exercise effortful self-control indefinitely – the brain has to do regular maintenance to remain functional.

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  4. If one of your friends recommends an investment that's making them a lot of money, they are probably suckers too. If you see the "results not typical" on any marketing materials, move on.
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