Showing posts with label extreme. Show all posts
Showing posts with label extreme. Show all posts

Thursday, September 8, 2016

Ikea Billionaire miser

Why Ikea Billionaire Ingvar Kamprad is probably the World's Worst Miser alive!

Ikea founder Ingvar Kamprad: net worth $41.2 Billion, steals condiments from restaurants and toiletries from hotels.

Ingvar Kamprad is the ninth Richest Man in the World with a Fortune of  $41.2 Billion.

Here are his self-proclaimed feats of penny-pinching in order of thriftiness...

  • Recycles tea bags.
  • Steals toiletries from hotels.
  • Steals salt and pepper packets at restaurants.
  • Only wears second-hand clothes bought at flea markets.
  • Tries to get cheaper haircut when travelling in poorer contries.
  • Eats at Ikea cafe for free meals. Otherwise he frequent cheap restaurants.
  • Purchases Christmas paper and presents in post-Christmas sales.
  • Has a 1993 Volvo 240 but prefers to use public transportation.
  • His home is furnished with Ikea furniture he assembled personally.
  • Flies only economy class.
  • Haggles for bargains at common markets.
  • Lives in a modest house.
  • He flew his country for lower taxes in Switzerland's tax haven. Normal, a good business decision. Only idiots want to pay taxes!

Nothing better than a free hot-dog at one of his Ikea stores.

I admire his thriftiness.

Sources and related links:

Wednesday, July 8, 2015

10000 Hour Rule / Practice makes Perfect

Practice makes Perfect
perfect makes million$

What Is the 10000 Hour Rule?

The 10000 Hour Rule is just that. This is the idea that it takes approximately 10000 hours of deliberate practice to master a skill.
For instance, it would take 10 years of practicing 3 hours a day to become a master in your subject. It would take approximately 5 years of full-time employment to become proficient in your field. Simply work out how many hours you have already achieved and calculate how many more you need to clock up before you reach 10000.

There’s a popular saying that poker is a game that takes a “day to learn, but a lifetime to master.”

Poker is a game that takes minutes to learn and a lifetime to master. The majority of players never make money at any limit.

Every known scientist, sportsman,... has dedicated his life to a certain profession and made it because they did so. I just read Hendrix's biography, the dude was playing guitar instead of going to school all day every day, he was touring USA for 4 years with nothing to eat, he had to pawn his guitar a lot of times so he could have something to eat... and all he wanted was to play the guitar, nothing else. and i think it was Einstein who said it: success is 1% talent and 99% work. so talent doesn't really mean **** if you don't work hard for it. 

There are no instant experts in chess—certainly no instant masters or grandmasters. There appears not to be on record any case (including Bobby Fischer) where a person reached grandmaster level with less than about a decade’s intense preoccupation with the game. We would estimate, very roughly, that a master has spent perhaps 10,000 to 50,000 hours staring at chess positions…

No one who can rise before dawn three hundred and sixty days a year fails to make his family rich. -- Chinese Proverb


Moderation is for losers, quitters, and whiners. Extremity is for winners. 

Obsession is the Only Thing That Counts

Extreme and Obsessive  Take a step back and put these two things together and ask yourself if you can find a single person who is successful at activity X that does not possess both of these qualities.

Obsession is Not a Bad Word.

Losers will tell you that obsession is a bad thing. You should have balance. That is why they are losers. Consider the average man.

"What it takes to be great" by Geoffrey Colvin

Enter your email address:

Delivered by FeedBurner