Less labels, more just loving what you do and keeping your focus there. Phil Hellmuth (@phil_hellmuth) is an American professional poker player who has won a record fourteen World Series of Poker bracelets. [22:39], Why Phil places more value on his money management acumen than poker skills, and what system has worked best for him. Its about setting fixed deadlines for creating our dream lifestyle, rather than using a vague notion of “the future” to indefinitely defer what we truly want from life. You are my most influential teacher of all time. Have fun and thanks for adding to the conversation! Tim Ferriss holding a copy of 4 Hour Work Week in 2007 (Photo credit: Brian Caldwell) Thank you very much. [36:17], What’s Phil’s secret to marriage longevity? And the good work he does with those hands? I know that poker attracts a certain kind of personality, but jeez…. Any advice,? He talks about “fear-setting” and explains why it is important to write down our fears in order to get a better perspective on what we truly want to achieve. Would you know the kind of counseling Phil and his wife used. A site designed to inspire you to grow, achieve success, stay well, and live an abundant life. Copyright © 2011-2020. Tim! In fact, it was Andrew Carnegie – one of the richest men of all time – who suggested that Hill write a book and share his accumulated wisdom with the world. Tim Ferriss developed this exercise in fear-setting to help him make the hardest decisions of his life. "What might be the benefits of an attempt or partial success? Anyone know where this comes from? All rights reserved. The fact that it is 70 years old and written during the great depression doesn’t make it any less relevant today. Your email address will not be published. Man. Much too often, people set goals based on what they think is realistic. Powered and implemented by FactSet Digital Solutions. A semicolon is a literary mark that happens when you could have ended a sentence, but didn’t; the sentence continues. "Think about it as an operating system for thriving in high-stress environments and making better decisions," says Ferriss. Constant Reinventing. If I outsource to anybody it will mean somebody with the same knowledge and skillset than me. 3. napolean hill. Or if you like him, why did you ever want me?” Others have tried to sway me to be with someone more sophisticated and professional. But why is it that difficult to set realistic goals? Hey Tim! My far-superior-on-paper Delta Force ex-fiancé has asked me repeatedly with disgust: “Why would you be with this guy? But in reality, the business was killing him.. While Hill focuses on goal setting as it applies to financial success (the book is called Think and Grow Rich after all), the same principles can be applied to anything you want to achieve. — and have never tied the knot. Is there any more documentation, notes, book on that? Here are the five critical questions Ferriss asked himself, as he practiced his fear-setting. Lead Tim Ferriss Says That Goal-Setting Is Important, but Fear-Setting Is Critical to Success Tim Ferriss developed this exercise in fear-setting to … Napolean Hill – Think and Grow Rich Critical is fine, but if you’re rude, we’ll delete your stuff. Create a two timelines—six months and twelve months—and list up to five things you dream of having (including, but not limited to, material wants: house, car, clothing, etc. While Hill focuses on goal setting as it applies to financial success ... Tim Ferriss – 4 Hour Work Week. You have made a huge impact in my life and my personal development and self improvement. Will this exercise feel very uncomfortable? I really appreciate them, and while I don’t play poker, this was still really compelling. In the 4 Hour Work Week*, Tim Ferriss describes how he went from working 100+ hours a week on his online supplements business to turning it into a passive income business that funded his travels and hobbies.