5. principles have_mental_models
- 1. Link Profit System Training Principles and Mental Models
- 2. Link Profit System Training Last Lesson • We spoke about the goal and your direction as to where you are headed to • The third part of this will be talking about step by step work procedures
- 3. Link Profit System Training Why Principles Are Important • Islam already gives us many principles – For example: – We already have a principle not to eat pork in any form • So even though, for example, pork gelatin doesn’t look like pork. We still won’t eat it. • It’s a Principle or Mental Model • Principles are all-encompassing and give you a framework on how to make decision
- 4. Link Profit System Training Have Around 10 Principles • For how you run your company • For how you run your household • For how you raise your children • For how you manage wealth
- 5. Link Profit System Training Too Many Principles • Much Harder to follow – Too rigid
- 6. Link Profit System Training Too Little Principles • You will get yourself into messes • People who don’t accomplish anything have very little established principles – Why? – The wind blows them in too many directions
- 7. Link Profit System Training If You Had to Choose • It’s better to have too many principles than too little
- 8. Link Profit System Training You Can Have Personal Principles • You can now start to have personal principles that are non-religious, but work for you – For example: Never answer a call to a number you don’t know. – This will completely avoid the work procedure of what to do when it’s a sales call • Our job now is to start to Codify our own personal principles.
- 9. Link Profit System Training You Can’t Have Work Procedures • You won’t have work procedures for everything • New Situations happen all the time – It’s your principles should tell you 99% of the time what to do
- 10. Link Profit System Training When Learning… • This is very important… – Principles are how people conduct themselves in the world • Instead of learning people’s work procedures. You should always try to learn their principles. – Don’t copy their work procedures, copy their principles – It’s 80/20 – the Principles will make you get the work procedures
- 11. Link Profit System Training Like If You are Reading a Book • Don’t focus on the little details about how someone built a company or did something great – But rather, understand what are the principles that got them their
- 12. Link Profit System Training Simple Principles • Omar Ibn Al Khattab, Radi Allah Anho – On Marriage: “A man should be like a child with his wife, but if she needs him, he should act like a man.” – On Friendship: “To be alone you avoid bad company. But to have a true friend is better than being alone.” – On Eating and Mingling: “To speak less is wisdom, to eat less is healthy, and to mingle less with the people is safe and serene.”
- 13. Link Profit System Training The Following Are Principles • From the book “Work the System” – These principles are the principles you should have in systems
- 14. Link Profit System Training Work the System Principle#1 • The simplest solution is the correct solution • A lot of times the simplest solution is getting rid of the whole thing
- 15. Link Profit System Training Working Principle #2 • 99.9% of everything works just fine • Most things are working, not things that don’t work
- 16. Link Profit System Training Working Principle #3 • Systems mindset, you will see the world in a different way • This is the “GETTING IT” perspective – Getting it means that everything is a system and everything has a subsystem. The goal of a system is to get results.
- 17. Link Profit System Training Working Principle #4 • Fix the mechanical and the emotional will follow along • The problem with feel good stuff, has no structure – Fix the mechanics first. The emotional will follow naturally
- 18. Link Profit System Training Working Principle #5 • Your new vantage point is slightly elevated – You have to take an external view point – You stay there all the time – Judge Yourself • Go outside of yourself as a machine and move on • People running off on politics, etc • Look self at a very objective way • You will drag people along
- 19. Link Profit System Training Working Principle #6 • Control is a good thing. The more control the better. • You want as much control as you can get • …. And you won’t become a control freak.
- 20. Link Profit System Training Working Principle #7 • 3 steps forward, 1 step back – There will always be steps back – Reduce the bad things that happen
- 21. Link Profit System Training Working Principle #8 • Tweak, don’t replace. • Replacing is rarely necessary
- 22. Link Profit System Training Working Principle #9 • One can’t measure the bad things that never happen – You won’t have many bad results – Give tangible value to the bad things you prevented
- 23. Link Profit System Training Working Principle #10 • There’s only one true minority and that’s the minority of one • Resist falling into a group and reading a menu • You are better off alone • You are the one who is in control of your own thoughts
- 24. Link Profit System Training To Do • Create your principles around work, social life, and your private life – If you can’t have them, start creating them by reading the biographies of great and accomplished people