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Maximize Returns
Some believe successful people take on large amounts of risk to get where they are.
He said successful people find opportunities where the least risk could yield the most reward.
Amazon founder Jeff Bezos is a well-known entrepreneur who has capitalized on this.
Bezos said that the outcomes of using new technology canlead to very asymmetric results.
If Amazon Prime had failed, he wouldnt have gone bankrupt.
However, it worked and became a massive success.
Keep Learning
One thing that never changes is that everything always changes.
Being obsessed with learning the newest trends and information while striving to improve is another thing successful people do.
Technology, business practice and investingare constantly changing.
Continuous learning can help you reach your goals, even if you arent an entrepreneur.
Staying curious can help you get ahead and find new financial opportunities when things around you change.
He quotessuccessful investor Warren Buffet, who said, Rule No.
1: Never lose money.
2: Never forget rule No.
Loss aversion is when someone hates losing something more than they enjoy gaining something.
We may picture a wealthy individual driving a Ferrari or flying in a private plane.
Robbins isnt the only finance expert who condones giving money to charity.
Keeping a charitable mindset throughout your financial journey keeps you humble and positive.
Pay Your Taxes Efficiently
Taxes arent the most popular topic, but theyre a fact of life.
Knowing how to file your taxes efficiently is one of the things Robbins noticedsuccessful business peopledo.
Dont Fear Being Wrong
No one can be right about everything.
Staying humble and admitting when youre wrong is a trait that successful people share.
Being wrong creates learning opportunities for more success in the future.
Losing the fear of being wrong can also help you make better decisions.
When you accept that youll be wrong sometimes, you might find ways to overcome setbacks more easily.
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