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The Gap And The Gain Book Summary (Explained)

WizBuskOut - Insights from Books12:24

Transcription

Do you feel like a failure despite having so many achievements? If yes, then this book summary will help you. The author of this book, Dan Sullivan, is an expert on entrepreneurship and the co-founder of Strategic Coach, the world's leading entrepreneurial coaching program. He has authored over 50 publications on entrepreneurial success and has coached more successful entrepreneurs than anyone else on the planet.

In this video, you'll learn why it's important to focus more on what you have gained than what you have lost from your experiences. All righty, so without further ado, let's dive right in.

Lesson one: happiness is a choice, but only for those who realize that the choice exists. Some people are happy while some are sad; all of us would agree, right? But what if there was another way? You can have a terrible life and still choose to be happy. Wondering how? Let's discuss.

Everybody is pursuing happiness, which is fine, but do you know that the very pursuit of happiness makes you sad? That's because only when you are sad will you pursue happiness. This is why we must stop pursuing happiness; the pursuit will never fully satisfy us.

Pay attention to your self-talk. Turn your focus inward. Ask yourself, "Why do I feel sad? Why do I have time to feel sad when I can simply not care about it?" Stop watching those movies and social media posts that disconnect you from reality. It is not always necessary to feel happy. Society and media have conditioned us to think that you are missing something, that you should constantly be seeking happiness and fun all the time.

We have all unconsciously created a hole in our mental world that we are constantly trying to fill. We believe that something in the outer world, be it an object, a person, or an experience, can fill the void within us. This is why we are constantly striving to find happiness. We don't really realize that by constantly chasing happiness, we are giving away all our power. We are making ourselves weaker and helpless.

All happiness is temporary and fleeting. Just to be clear, happiness is not the problem itself; the blind chase of happiness is the root problem here. The good thing is happiness can be found in the present moment; it's not always in the future. That's true only when you realize you can take ownership of your life. You can choose how you react to your feelings or emotions.

Lesson two: you can be a successful person and yet still be unhappy. Money, beyond a point, will stop making you happy because not all problems are material. For example, you can have everything and still live with a fear of losing everything and worry about the future.

The solution? Live with gratitude. Be happy about the things you already have. This might sound weird, but it works. When you are focusing on what you have, you worry less about the things that you don't have. In fact, most of us tend to worry for no reason because of that sense of missing out.

Remember, the problem is within us. We first create the problems in our minds without realizing it, and then we try to fix them externally, and that too in the wrong places. This is one of the reasons we feel stuck from time to time and get frustrated with life.

The author talks about how most people focus on ideal situations instead of appreciating what they are experiencing in the present moment. They are constantly thinking about how their present could be better. Now, don't get this wrong; thinking for a better future isn't always wrong. However, always worrying about the future shouldn't become a habit.

What's the point if you aren't enjoying the present moment and constantly worrying about how things could be better? Remember, anything in extreme can cause problems. If you are over-planning everything, you are not enjoying the uncertainties life is presenting you right now.

You are always trying to control the future, hoping for the best. For instance, many people who go through self-improvement sometimes forget how far they've come. No matter what you achieve, you'll never feel truly satisfied.

In the end, we can choose to be happy in the present moment, regardless of how good or bad our situation is. The author calls this living in the gain. When you live in the gain, you are in the present moment, enjoying all the things life is throwing at you.

The opposite of this is living in the gap. When you are in the gap, instead of enjoying the present, you choose to worry about the future. The problem with living in the gap is that ideal scenarios are less likely to happen, which means chances are you'll be in the same state of worrying if your expectations aren't met in the future.

In simple words, people who choose to live in the gap remain unhappy even if they become successful. That's because success is always subjective. If you achieve X, you can always say that you deserve Y because Y is better than X.

Lesson three: never frame your bad experiences as losses. No matter how much positive content you consume on the internet, the reality of life is that it's going to give you a lot of pain, loss, and suffering. It might sound bad at first, but it's actually a great thing. That's because suffering makes humans stronger.

Every loss or failure you experience gives you experience. With that said, if you are into self-improvement, chances are that you already know this much. So we need to get one step further and think about how we can use this information to our advantage.

The author suggests that every time you experience a loss, think about what you can learn from that experience. Any usual person, upon experiencing loss, would spend most of the time calculating what they lost. However, that's not a healthy approach. If you think about what you gained from it, if you think about what valuable learning you gained from that bad experience, you get ahead of hundreds of other people who kept thinking about the loss.

Let's be clear about one thing: thinking about the gain doesn't mean that the loss never happened. By thinking about the gains, we are actually framing ourselves and trying to trigger the most productive behavior. Framing is also used in marketing. By the way, you are being framed by other people all the time. This time, you are reversing the technique and taking control.

If you keep framing yourself and focus on the gains consistently, you'll become a very mature person in a few years. Remember, you can always frame any experience as a loss or gain; it's your choice. Why not use this choice properly and keep our mindset aligned with what we want to achieve?

Do you know why most people tend to focus way too much on their failures? The reason is that people have glorified success over time. Every social story glorifies victories; they all silently ignore failures as they are boring and depressing. Failures wake us up to reality.

Anybody who hasn't failed many times hasn't really tried anything. Normalize failures in your daily life. Let your heart be broken to become stronger. Don't take negative feedback personally. Always keep asking, "What can I learn from this thing, person, or experience?" This sentence alone will keep you on the right track.

Lesson four: find your reference point of success. We keep hearing the word success all the time on social media, and therefore we think that we know what success means. But in reality, what we really know is what success means for others. Success is an overused word thrown around by people, and every time its meaning depends on the worldview of the person using it.

Now, if you want to be successful, you must know very clearly what success means to you. That's because if you don't have your own definition of success, then you are operating on other people's definition of success. Think about it. In other words, your reference point of success is outside you.

Even if you get success based on other people's ideas, then technically it's not your success. The key is to find your internal reference point of success. It's simple: you have to sit down and think, "What does success mean to me?"

Another reason this is so important is that if you don't know what you want, you'll be controlled by other people. Not just that, you will be operating in scarcity. For example, for many people, becoming a multi-millionaire is success. But what if you are a person who just wants to live a simple life? Maybe you don't need to become a billionaire to become successful.

Your success may be different from other people. You don't really need external validation to be called successful. You'll never be able to satisfy other people anyway. It's much better to mind your own business and become successful based on your definition.

Remember, if you don't know what success means for you, you really, really need to think. These days, social media is flooded with content that keeps talking about success as if they have figured everything out in life. They do this to keep you hooked. They all operate on general ideas and treat you the same as everybody else.

In simple words, they are teaching you to be successful based on their idea of success, not on yours. If you follow all their ideas without thinking about how you want to design your life, you are becoming their product. You are giving your reference point of success to them. Bring it back to you.

You don't always have to rely on other people's opinions to become successful. What if you are super smart with a great vision, but other people with a narrow worldview don't understand you? They will never give you any sort of validation, not because they are bad, but because they can't understand. That's why it's a waste of energy.

Know what you exactly want and just give your all to achieve it.

Lesson five: never forget the progress you have achieved by overcoming so many obstacles in the past. When you keep working on yourself, you become used to learning new things. Once you have mastered a task or reached a certain level of proficiency, it becomes automatic and unconscious. It feels like second nature.

This makes us forget that we have reached a greater level compared to earlier. We often forget all the things that we are capable of doing right now, which were impossible in the past. The author suggests that we keep track of the obstacles or struggles we have overcome in our lives. Otherwise, we'll forget the progress and think that we're not good enough yet.

The author recommends that you do journaling. This might look like a lot of extra work, but it barely takes five minutes. When you make it a habit, simply think about all the things you have achieved in the last three or six months and note them down. After this, think about what you will achieve in the next four or five months. What skill will you learn next?

Moreover, as discussed earlier, how we measure our progress matters a lot. If you constantly measure your progress against other people, you will never feel confident in your abilities. Always compare your present self with your past self. Surprise yourself with your own progress.

If you are consciously working on your goals, you already have less competition. Don't worry about impressing other people with your growth; that will happen naturally as a byproduct.

Finally, always remember the things you learn today. Remember, you can be a high achiever and still feel like a failure. It's all about the mindset. If your mindset isn't properly set, no amount of success will bring you long-term happiness.

And now it's your turn. What did you learn from this video? Leave a comment below. If you want to skyrocket your growth, consider subscribing to this channel. Don't forget to turn on all notifications so that you don't miss any future videos.

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See you next time, and thanks for watching!