Follow These 10 Rules For Personal Success

Tony Robbin's Top 10 Guidelines For Success In Business And Life

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Tony Robbins is a world-renowned life and business strategist. Although Robbins has authored many self-help books, his core message can be distilled into a handful of practical guidelines. Robbins recently shared 10 of his most powerful insights with Money magazine.

1. Don’t be afraid to fail.  With life’s uncertainty, there will be times of difficulty in your personal and financial life. Nonetheless, it’s important not to be hamstrung from pursuing your dreams and taking calculated risks.

The fear of failure, while sometimes a palpable feeling, only leads to stagnation.

2. Have a mission. In order to unleash the full breadth of your talent and energy, you have to understand what you are passionate about and build your career around that passion. We are all more likely to succeed when we naturally gravitate to a situation or opportunity – not when we are pulled into it.

3. Be grateful. Making a gratitude list is a powerful way to start the day and an exercise that Robbins himself practices, starting every day by thinking through a list of things for which he’s grateful.  Robbins quotes legendary investor John Templeton as saying, “If you have nothing but you are euphorically grateful for whatever you have, you’re the richest person you’re ever going to know.” 

4. Give more than you think you can give. Generosity with your time and money feels good and it has the added bonus of helping to build connections with people and fostering gratitude.

When you give more than you think you can afford, you learn that you can live on a bit less than you thought possible and you encourage yourself to be financial disciplined.

Related: 11 Small Things You Can Do To Bring Joy To Your Everyday Life

5. Progress equals happiness. In a rut? Going through a tough time?

Take the next step forward –  even the smallest step will make you feel better, and lead to the next bigger step. If you hate your job, look at the job postings today. Just look. It’s a start. If your finances are a wreck, make a change today that saves a couple of dollars. 

6. Work harder on yourself than anything else. You are the most important key to your success and happiness.  Work hard to make yourself more valuable to your customers, employer and the people in your life. Develop new skills, gather more knowledge, and hone your intelligence.

7. Build psychologically toughness. Through the process of surviving tough times and thriving on the other side, mental strength is critical. Psychological strength is like physical strength – it takes time to develop. Work on your mental toughness every day.

8. Be a disciplined investor. Don’t try to hit the proverbial jackpot with every investment. Instead, take a more prudent approach and look for the greatest return for the lowest risk. Know the downside of every investment and have a plan to limit your exposure. Be mindful of excessive fees that can eat into your returns.

9. Save automatically. You can’t spend what you never touch. Enroll in your employer’s 401k program and your retirement savings go straight into an investment account.

No 401k? Arrange for direct deposit of a portion of your paycheck into a private retirement account.

10. Stop trading your time for money. This is what you’re doing if you have a 9-to-5 job. Robbins refers to this as the worst trade you’ll every make, because you can always get more money, but your time is finite and limited. You may not be able to quit your job tomorrow, but you can start saving aggressively to allow yourself to start your own business or otherwise free yourself from time-for-money bondage.

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For valuable financial tools and information on how to set yourself up for a happy retirement, check these out:

Social Security OptimizerRetirement Calculator401k AllocatorHow Do I Stack Up QuizMoney & Happiness Quiz, and You Can Retire Sooner Than You Think

Disclosure: This information is provided to you as a resource for informational purposes only. It is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.