Why You Should Let Go Of 80% Of Your Life

Introduction

In this video, Dr. Benjamin Hardy introduces the core concept of his book "10x is Easier Than 2x" which is about letting go of the 80% and focusing on the 20% that will lead to a 10x return on your attention.

Letting Go of the 80%

• The core bottleneck in life is our attention, and to achieve a 10x return on our attention, we need to let go of the 80% that represents our past and present selves.

• Michelangelo's approach to sculpting David was to strip away everything that wasn't David, which is an example of letting go of the unnecessary (the 80%) to focus on what matters (the 20%).

Going for Quality Over Quantity

• Achieving a 10x return on your attention is not about doing more but doing less with higher quality.

• Going for a qualitative transformation rather than quantitative leads to new opportunities and opens up new doors.

Letting Your Future Self Dictate Your Present

• To achieve a 10x future self, you need to let your future dictate your present instead of letting your present dictate your future.

• The psychology of time and identity plays a crucial role in achieving this transformation.

Overall, this video introduces the core concept behind "10x is Easier Than 2x," which involves letting go of the unnecessary (the 80%) and focusing on what matters (the 20%) with higher quality. It also emphasizes how important it is to let your future self dictate your present to achieve a 10x return on your attention.

The Transformation from CDs to iPod

In this section, the speaker talks about how Steve Jobs transformed the music industry by going from CDs to iPod. He explains how this transformation was a qualitative change that made listening to music easier and more affordable.

Qualitative Transformation

• Going from CDs to an iPod was a qualitative transformation.

• Steve Jobs stripped away 80% of what it meant to listen to music.

• This made the experience of listening to music 10 times easier and better.

Infinite Scaling Possibilities

• Going 10x is equivalent to going from CDs to iPod.

• This qualitative change opens up infinite options on scaling if you choose to do so.

The Core Model of a 10X Psychology

In this section, the speaker introduces the core model of a 10X psychology. He explains that identity, time, and leadership are all interconnected and have to do with eliminating the 80%.

Identity

• Identity is your story and your standards.

• Raising your floor is a big aspect of identity because it elevates your sense of what you believe you deserve.

Time

• Time is all about attention, quality, depth, and return on investment.

Leadership

• Leadership has everything to do with eliminating the 80%.

Linear vs Non-linear Approaches

In this section, the speaker discusses linear vs non-linear approaches in growth. He explains that going for 2x growth is linear while going for 10x growth is non-linear.

Linear Growth

• Going for 2x growth means keeping 80% of your current life, strategy, habits, beliefs, clients, and behaviors.

• This approach is linear and sequential because you let the past drive the present and the present drive the future.

Non-linear Growth

• Going for 10x growth means imagining a seemingly impossible future that excites you.

• This approach is non-linear because you let the future dictate the present.

Innovation and the 80/20 Rule

In this section, the speaker discusses innovation and how it requires going deep to simplify things. He also introduces the concept of the 80/20 rule, which represents our past identity and hidden commitments that prevent us from seeking growth.

The Importance of Going Deep

• Innovation requires going deep to simplify things.

• Steve Jobs' transformation from CDs to iPods is an example of this principle.

• Simplifying things allows us to move mountains.

The 80/20 Rule

• The system is designed to defend itself, representing our past selves and our present selves.

• The 80% represents our current systems, both internal and external, that prevent us from seeking growth.

• Our subconscious is designed to protect us from uncertainty, leading us to seek security in our lives.

• Our hidden commitments are a huge aspect of our subconscious that drive our behavior.

Overcoming the 80%

• To go 10x, we need to strip away the 80% and create space for higher quality and less quantity on our minds.

• We need less cognitive load in order to focus on a few key things deeply.

• Letting go of even some of the best things in our lives that got us here can help us overcome the 80%.

Deliberate Practice and Shaping Your Future Self

In this section, the speaker discusses the concept of deliberate practice and how it is shaped by one's goals. The future self is a key component in determining one's process and ultimately who they become.

Goals Shape Process

• Deliberate practice is shaped by one's goals.

• The goal being pursued determines the process.

• The process ultimately shapes who you become.

Going 10x

• Going 10x means going ten times deeper or better than before.

• Each 10x is non-linear from the last.

• Going 10x creates a new opportunity for growth and development.

Future Self

• Your future self is different than you think.

• Empathy, compassion, clarity, and conviction are important when connecting with your future self.

• Letting go of things that are no longer relevant allows your future to shape your present identity.

Letting Go of the Past

• Looking at your current life from your future self's perspective makes it easier to let go of things that are no longer relevant.

• It's important to realize that it's the future that determines what you say yes to and what you say no to.

Mastery

• The next form of mastery comes from going deep on a specific area or skillset.

• Developing extreme levels of mastery in a specific area allows for growth and development.

Letting Go of the 80 Percent

In this section, Grant Cardone talks about how to let go of the 80 percent of your life that no longer fits the 10x vision of your future. He explains that letting go of the 80 is necessary for going 10x and achieving success.

The Truth Filter

• Letting go of the 80 is any aspect of your life that no longer fits the 10x vision of your future.

• The security you've developed around you is part of the 80 percent, and it wants things to stay the same.

• Most of what you're doing right now is a distraction and won't get you where you want to be.

• Being honest with yourself about what's important and recognizing hidden commitments are key parts of letting go.

Few Areas That Really Matter

• Recognizing a few areas that really matter and not letting urgent matters determine your decisions is crucial.

• Addictions, bad habits, worrying about what others think, and other subconscious hidden commitments are part of the floor or lowest parts of your life.

• By letting go, it creates propulsion towards the future.

Perception as Loss

• Humans have an aversion to loss when they perceive letting go as a loss.

• Letting go should be perceived as lightening the load rather than losing something.

Overall, this section discusses how to let go of aspects in our lives that no longer fit our vision for success. It emphasizes being honest with ourselves about what's important and recognizing hidden commitments that may be holding us back. It also highlights the importance of recognizing that letting go is not a loss but rather an opportunity to lighten our load and propel ourselves towards the future.

Letting Go of Your Past Self

In this section, the speaker talks about the importance of letting go of your past self and how it can be a big step forward. The speaker emphasizes that there is no need to have anger or resentment towards your past self and that you should celebrate it for what it was.

Celebrating Your Past Self

• Letting go of your past self can feel like a big loss, but it's actually a massive step forward.

• When letting go of aspects of your past self, hidden commitments, and even identities, you're creating space for yourself to move forward.

• There's no reason to have any forms of anger or regret towards your past self. Instead, celebrate it for what it was and recognize that you're not your past self.

• Celebrate the fact that your past got you here but won't get you there.

Multiplication by Subtraction

• Letting go of the 80% (things that are no longer serving you) is multiplication by subtraction.

• As you strip more and more of the 80% away, you create space so that your identity can connect more fully with your future self.

Addiction as a Solution

• Addiction is not necessarily the problem; it's actually a solution to a problem. It may not be healthy, but at some point when you let it go, don't be angry toward it; instead, recognize that addiction served its purpose in getting you here.

Positive Narration

• You get to choose your narration of the past and future. Positive psychology means you have an increasingly better past and an increasingly bigger future.

• As you start letting go of the 80%, which is your past self, and create space, you bring your future self to you.

Key Takeaways

• Letting go of your past self can be a big step forward.

• Celebrate your past self for what it was and recognize that you're not your past self.

• Addiction may serve its purpose in getting you here but won't get you there.

• You get to choose your narration of the past and future.

Letting Go of the 80/20 Rule

In this section, Dr. Benjamin Hardy discusses how letting go of the 80/20 rule can help you achieve your goals and transform your life.

Letting Go of the Past Self

• Busyness provides short-term security and dopamine.

• To achieve a 10x future self, you need to let go of the 80 (past self) and focus on the 20 (future self).

• By improving the quality of the 20, you can increase quantity and transform your life.

Conclusion

• Dr. Benjamin Hardy encourages viewers to grab a copy of his book "10x is Easier Than 2x" for more information on achieving their goals.

This transcript is in English.