Link to video: https://youtu.be/eFpXccN3YEUI release new videos often, if you’re interested in subscribing here’s a link: https://www.youtube.com/channel/UCfbLDMh6uGOZePAfqqjVZ-g?sub_confirmation=1If you'd prefer to read the script instead of watching the video, here it is:The Personal MBA By Josh KaufmanAbout The AuthorHis aim—with all his books—is to help you make more money, be productive, and have more fun and happiness. His key areas of focus are the fundamentals of business, solo entrepreneurship, rapid skill acquisition, optimal decision-making, personal science, and core human skills.The Book’s Main IdeaMental models are the book’s big idea. Kaufman notes that once you understand your mental models, the framework that defines how you learn anything, you can learn any business related skill and core business concepts and frameworks.By understanding and applying mental models, a universal framework by which we learn important business concepts, we rapidly improve our ability to understand, learn, and tackle complex business disciplines or frameworks.The foundational mental models Kaufman discusses in the book are (1) Value creation, (2) Marketing, (3) Sales, (4) Value delivery, and (5) Finance. Each of these models focuses on core business concepts, principles, and vocabularies.“Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they're willing to pay, in a way that (4) satisfies the purchaser's needs and expectations and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.”Josh KaufmanA look at the main ideas shared in the book“Business schools don't create successful people. They simply accept them, and then take credit for their success.”Josh Kaufman1: Understand and utilize your mental facultiesThe functionalities of our brains influence our ability to learn core business disciplines, principles, systems, and processes. How capable we are of utilizing our mental faculties in relation to learning core business processes, principles, and models largely depends on a concept Kaufman calls the “Gas Tank.”For your brain to work at optimal levels, your “gas tank,” or your energy levels, must remain optimal at all times. To keep the ‘gas tank’ full, the author recommends a proper diet—eating healthy and balanced meals in the right proportion to your energy needs—exercising—exercise every day—direct sunlight—and adequate sleep—getting 7-8 hours of quality sleep every night.Most of the “gas tank” strategies recommended by the author require willpower, which has limitations and is not easy to practice. To circumvent this, i.e. our limited reserves of willpower, Kaufman suggests changing our environment—instead of our behavior—using a structured model. For instance, if you want to lose weight and ice cream is your kryptonite, instead of forcing yourself to stop eating ice cream, change your environment by avoiding its purchase altogether.“Save your Willpower: focus on using it to change your Environment, and you’ll have more available to use whenever Inhibition is necessary”Josh Kaufman2: Before you work with others, learn how to work with yourselfBusinesses are about interpersonal relationships and the ability to collaborate well with others to achieve a mutual goal. Effective collaboration with others demands that you first learn how to work with yourself, of which to do, you must first learn how to get into a ‘state of flow’, or as the author calls it, ‘how to implement the concept of mono-idealism,’ the ability to focus all your attention and energy on one aspect of your business/learning process.To utilize mono-idealism and attain a state of flow—Kaufman notes it takes the mind about 10-30 minutes to get into flow—he suggests eliminating all forms of interruptions or distraction from the working/learning environment.To eliminate distractions and interruptions, he offers suggestions such as muting all notifications, disconnecting from the internet, and working in ‘dashes,’ 10-30 minutes of focused, committed work. He also mentions mindfulness and focused meditation as a way to increase attention and the ability to experience flow.On working effectively on your own, Kaufman introduces the idea of MIT (Most Important Task), a concept whose main idea is to create a To-do list consisting of two to three important tasks you want to complete by day’s end. He goes on to note that attaching a deadline to each of these tasks improves focus and overall productivity.Conclusion“New skills create new opportunities, and new opportunities often translate into more income”Josh KaufmanTo learn new skills—or accomplish anything worthwhile for that matter—write down your goal, use one sentence to describe the motivation behind the aim (the desired outcome), create a list of necessary action steps, and track your progress using a trusted system.I hope that was useful, have a great day!I release new videos often, if you’re interested in subscribing here’s a link: https://www.youtube.com/channel/UCfbLDMh6uGOZePAfqqjVZ-g?sub_confirmation=1I've made over 60 summaries of the best self improvement books, the links are below.Full playlist of them all here: https://www.youtube.com/watch?v=dOImyOGN9UE&list=PLaNTB6oQAa0AYuul0tqUscg1ZLj_arZgaHere are the links:Make Your Bed: https://www.youtube.com/watch?v=z7mBNcI2H1c The power of the subconscious mind: https://www.youtube.com/watch?v=UNi9zDGaZtw Getting things done: https://www.youtube.com/watch?v=oCNN2pyO5Yc The power of intention: https://www.youtube.com/watch?v=7ezM3fIKHTY Deep work: https://www.youtube.com/watch?v=2SOQpjHKESA The magic of thinking big: https://www.youtube.com/watch?v=wdQRQ82AED8 The alchemist: https://www.youtube.com/watch?v=NcQjBghtxMU Blink: https://www.youtube.com/watch?v=rie9Pkp4Ktk Atomic Habits: https://www.youtube.com/watch?v=B6u0X0CDEqU The E-Myth Revisited: https://www.youtube.com/watch?v=ctHTVZRnE7g Mindset: https://www.youtube.com/watch?v=0QU5Q3lyTqo The art of war: https://www.youtube.com/watch?v=8_5qhA2y-E4 Rework: https://www.youtube.com/watch?v=zsaZU-HW18k The lean startup: https://www.youtube.com/watch?v=j6QPZp--lJE The hard thing about hard things: https://www.youtube.com/watch?v=yl_Q3E5d33U Crush it!: https://www.youtube.com/watch?v=onbmkc-29KI Delivering Happiness: https://www.youtube.com/watch?v=GiUWCZkHbA8 The personal MBA: https://www.youtube.com/watch?v=eFpXccN3YEU The $100 startup: https://www.youtube.com/watch?v=Cqa1LqahOLE Zero to One: https://www.youtube.com/watch?v=RGtQjkSUahc Grit: https://www.youtube.com/watch?v=doUSy1Eo76s Start with why: https://www.youtube.com/watch?v=LgMnlf4jcYY The compound: https://www.youtube.com/watch?v=0nSIiAMnDY0 The Prince: https://www.youtube.com/watch?v=lzVmhWFdwBQ The willpower instinct: https://www.youtube.com/watch?v=Jz5EXLYxWDQ The slight edge: https://www.youtube.com/watch?v=sItMk2xS_ZU Meditations: https://www.youtube.com/watch?v=ul2nuHOnCPI Who moved my cheese?: https://www.youtube.com/watch?v=PQhJkIPHiyw The One Thing: https://www.youtube.com/watch?v=cS5lgHhbUoM The richest man in babylon: https://www.youtube.com/watch?v=xbnHlWFnWLs The power of habit: https://www.youtube.com/watch?v=d366w-o8nhA Secrets of the millionaire mind: https://www.youtube.com/watch?v=R1WjeoCw30g The 6 pillars of self esteem: https://www.youtube.com/watch?v=Y5NRiB_-w10 The 7 Habits of Highly Effective people: https://www.youtube.com/watch?v=_nGzZ9m_Xsg Thinking Fast and Slow: https://www.youtube.com/watch?v=fqw9dwxiKSw The 4 hour work week: https://www.youtube.com/watch?v=tCWzSlAqO0g The power of positive thinking: https://www.youtube.com/watch?v=IAdxM_19KBc The power of now: https://www.youtube.com/watch?v=wa7mAlLhD3w Think and grow rich: https://www.youtube.com/watch?v=btQNKjSy8Ww 12 rules of life: https://www.youtube.com/watch?v=9InBOOy1eTU The 5 love languages: https://www.youtube.com/watch?v=nPq4Vxh74jY Rich Dad Poor Dad: https://www.youtube.com/watch?v=GV31Wpr2Fl8 How to win friends and influence people: https://www.youtube.com/watch?v=s61o8y22BpM The inside out revolution: https://www.youtube.com/watch?v=68OwvuqZEGo Models: https://www.youtube.com/watch?v=Hs0d7Da8ufo Man’s search for meaning: https://www.youtube.com/watch?v=eyXFQ5W0bMk The subtle art of not giving a fuck: https://www.youtube.com/watch?v=dOImyOGN9UE How to stop worrying and start living: https://www.youtube.com/watch?v=qUQXrEk52Ug The millionaire fastlane: https://www.youtube.com/watch?v=vrtjXONWVfA 5 extremely powerful techniques to master motivation: https://www.youtube.com/watch?v=vmRzDIisUeM Quiet by Susan Cain: https://www.youtube.com/watch?v=SzRcYLq63dU Extreme Ownership: https://www.youtube.com/watch?v=eMWeEyqWHe0 see hubwealthy.com/wealthy
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