Sun Tzu The Art of Making Money: Strategies for Getting Through a Tough Economy by Michael Cheung

Author:Michael Cheung [Cheung, Michael]
Language: eng
Format: mobi, epub
Publisher: Allysky
Published: 2012-11-25T16:00:00+00:00

By applying all the different skills that you have, you can produce an endless series of results. Look to your own inner well of strength and apply those skills when you are faced with each new challenging situation. As long as you have hope you always have the chance for victory. The chance for victory is only lost when you give up hope.

Sun Tzu said: When the army forces are released into battle it is likened to the torrent of water rushing down a mountain during a storm; even stones, mud, and wooden stumps are washed along it course.

When you begin any task there is always resistance, be it from yourself (an internal resistance) or from others (an external resistance). To be successful you must exert enough energy to break through such resistance. Once you have done that then the boulder that has been blocking your path begins to move slowly. To create a torrent of force you must keep that initial momentum moving by applying energy at a consistent level over a period of time.

It is better to apply a consistent small amount of energy over a long period of time than it is to apply a huge amount of energy over a short period of time.

Which person will move the boulder farthest? The person who exerts a consistent force over a larger period of time.

Sun Tzu said: The quality of decision is like the well-timed swoop of an eagle which enables it to accurately strike and kill its victim.

Focus your energies and make sure they are having the desired effect. Don’t put out a lot of energy in an unfocused way. Conserve your energy and direct it in short but effective bursts.

There is not a linear relationship between the effort used and the results produced. Doubling you effort doesn’t always result in doubling your success level.

A principle known as the Pareto principle, also known as the 80–20 rule, states that about 80 percent of effect comes from 20 percent of cause.

Successful people either consciously or subconsciously apply this principle though various aspect of their lives. They maximize their efforts in the 20-percent area which then produces the 80-percent result they want. Successful people are not looking for perfection or 100-percent results. They are looking to maximize their results by expending the least amount of resources. That is not to say that they don’t put effort into going that extra mile. Rather, it means they focus their efforts and put in that extra mile in the 20-percent area that will deliver the 80-percent result so their chance of success is increased.

Sun Tzu said: A good general will be slow at the beginning while circling his enemy, probing for weaknesses, but when striking he will be quick and accurate like the eagle.

While assessing a situation take your time to plot your best course, but once you’ve committed waste no time in taking action. Move swiftly and execute without second thoughts or hesitation.

Sun Tzu said: Energy can be likened to the bending of a crossbow; decision, to the releasing of a trigger.

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