The Law of Averages: Why Your Friends Matter

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Changing Your Life With The Law of Averages

The law of averages is the idea that over time everything will eventually work its way to equilibrium. When you think about it that means everything around you is becoming more average. This concept is really important when you think about who you spend your time with. Are your friends and family struggling to get by or are they successful? Depending on how you answered that question you should be able to reflect on what they’re doing and see how things are most likely going to be for you.

It’s important to understand that just because your friends and family act a certain doesn’t mean you have to do the same thing. It only takes one person to change your life. One person make a positive impact on you that pushes you in the right direction. Look at the people you spend your time with and ask yourself “Do I want to be like these people?” if the answer is “Yes” then you’re doing something right. If you answered “No” then it’s time we look at how the people around you impact your life.

How People Influence You

There are many ways that the people around you influence your life. Peer pressure is a really difficult thing to work around. If your friends and family are making certain choices it’s more likely that you will too. It’s hard to go against what the social norms are when it comes to your group. You can become an outcast and we are programmed to avoid becoming an outcast. What you need to remember is the choices you make can only truly affect you. Don’t let the choices of other influence you into doing something that doesn’t improve your life.

The more time you spend with successful people the more you will realize that success comes from the choices you make. If your friends are saving 10% of their income it is more likely that you will too. Start small and find one person that is a good influence on your life. Find someone that has the same goals, aspirations, and dreams as you. This person should be more experienced than you and can help you out. It only takes one person to change your life. Remember that your net worth will be based on your network.

Law of Averages

The law of averages is an important thing to understand. In the most basic form it states that over time things will become more similar. Earlier I mentioned that it means we reach an equilibrium. Both of these ideas are true. The law of averages can really make a difference in your life because you become like your friends. If your friends are successful you will be successful. If you friends watch every new movie you are more likely to watch every new movie.

Life likes to balance itself out. That means if you want to balance out higher or become above average you are going to need to do above average things. One of those above average things you can do is create a network of successful people to spend time with. If you surround yourself with success you will eventually become successful. This happens through a process of mimicry. Find the people that have successful habits and follow in their footsteps. Some of the habits will be difficult but others will happen naturally without you know. Remember it’s easier to change things one step at a time. Don’t go big and give up. Start small and pyramid your success into bigger success.

Help Others Achieve MoreTake Action

One way to help build your network is to help others. Now that you’re in the mindset of looking for successful people to help you, get out there and help others. Giving to others is one of the best ways to have others give to you. You don’t need to be the best at something to help someone learn. In reality you only need to be one step ahead of the person you’re teaching. Do what you can to help others and add value to their lives and it will not only grow your network but it will make you feel good about yourself. Feeling good about yourself is one step towards becoming more successful. You’re also building that network so you’re killing two birds with one stone!

No One Achieves Success Alone

Contrary to what most people believe success isn’t about being self made. Success is about surrounding yourself with people that can help you achieve more. The people you surround yourself with are everything. At any point in time someone you know may bring you the opportunity that changes your life. Don’t forget that you may be the person in someone else’s life that changes their whole world. Be social but know that you need to look for people that aspire to bigger things than what they have today. There is nothing wrong with big dreams!

Let’s Get Started

It’s time to get serious about your network and who you spend your time with. Here are 6 steps to improve your network so you can achieve more.

  1. Write down 3 traits of the person you want to become.
  2. Create a list with the 5 people you spend most of your time around.
  3. Write down the 3 most common traits of each person.
  4. Compare these 15 traits to the traits you want to have. If the traits don’t match decide if this person is helping you or hurting your dreams of becoming successful. If they are hurting your dreams mark them off. This doesn’t mean you have to drop all contact with them it just means that you are more knowledgeable about the situation.
  5. Now it’s time to find replacements for the people that you have marked off. This doesn’t need to happen quickly. Some great places to find successful people are Toastmasters meetings, Real Estate Investment Associations, networking events, or events related to you hobbies. It is easy to find these groups using the Meetup app.
  6. Now that you are working on growing your network, share this idea with other people that you think will benefit from meeting new people. You can never know too many people and you can never help too much.

Don’t forget that no one succeeds alone. The people around you are going to make all the difference. Find the best and eventually you will be the best!

7 Benefits of Listening to Audiobooks

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Audiobook Benefits in a Nutshell

Have you ever wondered if audiobooks have any benefits? What about what the benefits of audiobooks may be? If you answered yes to those questions I can tell you you’re in the right place. Sometimes it can be hard to sit down with a book for a half hour to an hour each day. One of the best ways to combat that is through the use of audiobooks. They are really a game changer when it comes getting your daily dose of book in.

Think about this for a minute, when was the last time you had a chance to read a book? When was the last time you asked someone what books they’ve been reading? The sad true is that we live in a time with access to information constantly but people don’t read as often as they could. You may be wondering what the real benefits of audiobooks are, I have found 7 that I think are most worthwhile.

1)  Audiobooks Are Easy To Listen To While Doing Other Tasks

This is pretty self explanatory but I’ll give you some examples. Audiobooks are great to use in place of music when you are doing things like driving, exercising, cleaning, cooking, or maybe even at work. You will be amazed at how many more books you can listen to when you start playing them all the time. This reason by itself makes audiobooks worth it. Imagine how nice it would be to listen to your favorite motivational book at the office or a thriller while you’re cleaning your house.

2) Audiobooks Are Great For Dyslexics

I came across this after talking with a few of my friends about books. I knew one of them was dyslexic but had never considered how it would affect how often they read. We were discussing how often someone should read and they complained about how difficult it was. I pointed out that audiobooks are a great alternative. They tried it out and became hooked on the idea of listening to audiobooks. The is also one of the benefits of audiobooks for students. I know people that struggled with textbooks because of dyslexia. Most schools offer software that will turn textbooks into audiobooks.

3) Listen To Them With Others

Listening to audiobooks with friends and coworkers has been a fun experience. It gives you a chance to hear other people’s opinions about a book. It is like going out to the movies. In the end everyone has the same ideas to talk about and it’s fun to dig into what could be going on in the background of the book’s universe. Ready Player One by Ernest Cline was the first experience I had with how great audiobooks can be. After listening to that books with my coworkers we are all excited to go see the movie when it comes out. Fingers crossed that it will be a good one. 

4) Listening To Audiobooks While Reading The Book

This one sounds strange but it works out really well. Reading and listening to audiobooks at the same time gives you more things to remember. It ties into Edgar Dale’s cone of learning. That is an interesting topic that I can talk about another day. What you need to know is the more ways you do something and the more work it takes to do those things the easier it is to remember. I’ve used listening to the audiobook while reading the book to learn about stock options, real estate investing, stoicism, and starting a business. None of those topics are easy but I think listening to the audiobooks while I read helped me with retention. This is one of the biggest benefits to audiobooks.

5) More Simple Than Reading a Summary

Unless you are in a big rush to read through a summary for some reason audiobooks are a great option. It is painless to listen to a audiobook. On the other hand you could buy a summary which won’t give you all the details. An alternative would be to jump on Reddit. I know that great summaries can end up on Reddit but you have to be careful about what people are saying. It’s easy to leave out important details. If it were up to me when picking audiobooks vs reading Reddit, I’m going to go with an audiobook 9 times out of 10. There is a lot to be said about sticking with a community though and if you find the right one the users on Reddit will treat you right.

6) Audiobooks Are Great For Adults

The benefits of audiobooks for adults pretty much covers everything I’ve mentioned plus more. Adults are the largest group of people in the world. Many of them are limited on time. Not only that but as you get older your eyesight can decrease. Audiobooks counteract that because you can listen to them instead of reading them. Adults are also limited on time bringing back the benefits of listening while you do other things. It also ties into the last benefit I have to talk about.

7)  Adjustable Speed

One of the coolest benefits of audiobooks is that you can adjust the speed. I personally like to listen at anywhere from 1.5x to 2.5x speed. It all depends on how many times I’ve listened to the book, how the voice actors voice sounds sped up, and how hard to comprehend the books is. I usually recommend starting off at 1x to 1.5x and going from there when you are new to audiobooks. This is not the time to listen with your friends they will probably look at you weird when you start playing a chipmunk book at them.

The Benefits Are Real

As you can see there are many benefits to audiobooks. I’m sure if you sit there and think about it you can come up with a few more on your own. Now that you’re thinking about audiobooks you should check out Audible from Amazon. They seem to really know what they are doing. Once you started you’ll see that audiobooks are good for the brain. There aren’t too many other ways to have fun while you learn. It’s nice to know that you can listen with friends when you have a fun book or you can read along with a hard copy if it’s something more serious. Don’t forget how many audiobook benefits there are. Now get out there are start listening.

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