How To Make Your First Million | Lesson 6: What You Chase Will Always Run Away

Introduction

This tutorial is based on Lesson 6 of Dan Vas's course, "How To Make Your First Million," where he discusses the principle that what you chase will always run away from you. This lesson emphasizes the importance of indirect approaches to achieving success, particularly in the context of making money. By understanding this concept, you can align your mindset and actions to foster greater success in your entrepreneurial journey.

Step 1: Understand the Ironic Law of Success

• Recognize that chasing success or money directly can often lead to frustration.
• Shift your focus away from the money itself and towards creating value for others.
• Embrace the idea that by helping others, financial success will follow naturally.

Step 2: Reduce the Importance of Money

• Acknowledge the common mindset that equates success with making a million dollars.
• Practice staying calm and confident in your ability to achieve your goals.
• Remind yourself that your worth is not tied to your financial achievements. Use affirmations to maintain a positive mindset:
  • "I know that I will have what I claim. It is already decided."

Step 3: Apply the Principle of Obliquity

• Familiarize yourself with the concept of obliquity, as described in John Kay's book "Obliquity."
• Understand that goals are often best achieved indirectly.
  • Instead of focusing solely on money, concentrate on how to improve lives and provide useful products or services.
• Reflect on your motivations and ensure they are aligned with helping others.

Step 4: Set Clear and Attainable Goals

• Define your goals in a way that emphasizes the process rather than the outcome.
• Break down your long-term goals into smaller, manageable tasks.
• Celebrate small wins along the way to maintain motivation and positivity.

Step 5: Cultivate a Growth Mindset

• Adopt a mindset that values learning and growth over immediate success.
• Embrace challenges as opportunities to improve and refine your skills.
• Surround yourself with supportive individuals who encourage your journey.

Conclusion

To succeed in your entrepreneurial endeavors, focus on creating value, helping others, and maintaining a calm, confident mindset. By understanding and applying the principle that what you chase will run away from you, you can foster an environment where success flows naturally. Consider exploring additional resources mentioned in the lesson, such as the books by Jim Rohn and Earl Nightingale, to further enhance your understanding and application of these principles.