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Radical Personal Finance

962: How to 10x Your Income (The 1000% Formula)

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 7 September 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5,

0:05.2

stand it up, step back, and your photos are also synced to your Chromebook, ready to edit.

0:10.8

The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone.

0:15.0

Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge,

0:18.4

skills, insight, and encouragement you need to live a rich and meaningful life now,

0:22.5

while building a plan for financial freedom in 10 years or less.

0:25.6

My name is Joshua Sheets, I'm your host, and in today's podcast, I would like to share with you

0:31.6

a concept that has been extremely helpful to me throughout my life called the 1000% Formula.

0:38.7

This is something that I first learned in high school from Brian Tracy, who was one of my mentors

0:45.2

that I listened to for many, many years, and I found this to be such a practical and useful outline

0:54.2

that I've just never been able to get away from it. I've mentioned this repeatedly in

0:57.2

podcasts, and sometimes I'll get a question from a listener saying, hey, what was that podcast?

1:01.5

The Joshua talked about the 1000% Formula, and in the past, I didn't have a stand-alone

1:06.4

podcast for that. It's buried in, I talk about it in many of my courses, I talk about it in

1:11.8

various podcasts, but I wanted to create a stand-alone podcast for you to teach you the 1000% Formula.

1:18.8

Now again, I learned this from Brian Tracy. His version was somewhat close to my version,

1:24.8

but I've taken it, I've modified it, and adapted it to my own needs over the years,

1:29.9

and I want to share it with you now. The basic idea of the 1000% Formula is that small daily

1:38.2

increases in productivity, repeated consistently, can lead to dramatic improvements over time.

1:46.8

The way that Brian would ask the question would be to say, could you, if you really wanted to,

1:52.8

could you increase your productivity, your performance, your output, and your effectiveness,

1:59.4

and your work and business today by a mere one-tenth of one percent? Could you get one-tenth of one

...

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