This plumber’s 1 trick to becoming rich

Sean BowerThe biggest lie that the average person tells him or herself is, “I’m not successful and wealthy because I wasn’t born with a silver spoon in my mouth,” or, “because I didn’t have as good of an education is that rich guy over there,” or some other lame excuse.

I certainly used to be guilty of this, and perhaps you can relate…but the truth of it is that ANYONE can gain financial success.

On this subject, I’m reminded of a fascinating man I once met in an Orlando airport. He told me his story of how he had just recently retirement from the job he’d been doing for 20+ years – plumbing.

Instead of living on a plumber’s wage, he was now a wealthy man who was retiring from “regular” work…all because of this 1 trick…

I’m sure you’ve heard the saying that we only use 10% of our brains. Well that holds some truth when it comes to remembering the things we learn.

As research has shown, the different ways in which we can learn something directly affect how well we retain that information.

For example, let’s say you and your friend are both going to learn how to start a unique direct mail business that’s turning Average Joe’s into self-employed success stories, like The Midas Circle.

You are going to be taught the system and then will be encouraged to immediately teach what you’ve just learned to someone else.

Your friend is going to be taught the system in a lecture format.

The result?

Studies have shown that you will likely retain approximately 90% of the information you just learned because you then attempted to teach it to someone else!

On the other hand, your friend would likely only retain around 5% of the same information due to the fact that he or she simply sat there and listened to the material.

Do you see how black and white the difference between success and failure can be?

Knowing the simple trick that teaching what you’ve just learned to someone else will help you to retain as close to 100% as possible is what made the plumber I met into a rich man…

It’s that simple!

Based on a study done by the NTL Institute, here’s how different learning activities correlate to retention rates:

  • Lecture format – 5% of information is retained.
  • Reading – 10% of information is retained.
  • Audio-visual, such as movies – 20% of information is retained.
  • Demonstration format – 30% of information is retained.
  • Group discussion – 50% of information is retained.
  • Practicing what you learned – 75% of information is retained.
  • Teach others immediately after learning – 90% of information is retained!

So just reading a system like The Midas Circle may only help you retain 10% of the material. At that you point you can only expect to make a fraction of the income you’d be making if you practice and use it right away!

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