Entrepreneur Tyra Myricks shares 6 rules from the book ‘The 48 Laws of Power’ that have helped her achieve a 7-figure income

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Tyra Myricks and The 48 Laws of Power 4x3
Tyra Myricks, who makes about seven figures annually, credits "The 48 Laws of Power" by Robert Greene as one of her keys to success.

When you think of side hustle success stories, you should picture Tyra Myricks.

Myricks, daughter of legendary DJ Jam Master Jay from the group Run-D.M.C, is 28 years old and makes about seven figures annually.

For her day job, Myricks is the director of design, merchandising, and development for Drake's OVO lifestyle brand, which earns her most of her income. On the side, she runs a branding and merchandising company, an entrepreneurial resources website, a new pizza shop with T'yanna Wallace, LA's first Black-owned gym, and a fashion line that she originally launched while still enrolled in high school.

"It's not an easy game," Myricks previously told Insider. "Everybody on the internet shows the glorious side, but nobody shows the treacherous side where it's hard to get up in the morning."

Tyra Myricks working at a computer

According to Myricks, the secret to success is not really a secret, and it's void of glamorous hacks and shortcuts. (There's no artisanal coffee bean that makes a 5:45 AM wake-up time easier.)

Instead, it looks like the conventional wisdom you've seen before: Surround yourself with smarter people who you can learn from, work hard consistently, and act with agility and confidence when offered new opportunities.

Rather than listening to podcasts at 5x speed or inhaling every new business book that trends on Twitter, Myricks returns to three books for evergreen instruction and inspiration: "The 48 Laws of Power"; "Rich Dad, Poor Dad"; and "The Purpose Driven Life".

"The 48 Laws of Power" is "one book I really stand by," Myricks told me.

Laws of Power" (small)

Robert Greene's polarizing 1998 bestseller has been called a "mega-cult classic" and, depending on who you ask, is either refreshingly straightforward ("Law 4: Always say less than necessary") or shockingly shrewd ("Law 2: Never put too much trust in friends, learn how to use enemies"). It's currently the 6th bestselling book on Amazon, with over 28,000 reviews.

In the decades since the book's debut, Greene, a former screenwriter who studied Ancient Greek at the University of Wisconsin, has been called "hip-hop's Machiavelli" by "The New Yorker" due to the proliferation of references made by notable musicians (Kanye West, Jay-Z, Busta Rhymes, 50 Cent), and "The 48 Laws of Power" has both banned from prisons and greenlit to become a Quibi series executive produced by Drake.

For Myricks, the draw of the book is very clear: "I just love the transparency."

Below, Myricks breaks down her favorite Laws from one of her go-to books - "The 48 Laws of Power" by Robert Greene:

Law 5: So much depends on reputation - guard it with your life.

"I've spent an enormous amount of my life ensuring my actions wouldn't compromise my father's legacy," Myricks told me. "Some may think that's a chore, but I've never been in a position in which I felt as if protecting his legacy made me water down who I truly am."

Instead, treating the world as a very small town - and your interactions as potentially being linked to your name for months or years - is an incentive to consistently show up as the best version of yourself.

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Law 9: Win through your actions, never through argument.

"I had to learn that actions speak louder than words," Myricks said. "It's a cliché statement, but it's exceedingly relevant."

Instead of using anger or rash arguments that could sow resentment and short-term wins, demonstrate who you are through your lifestyle - and win people over for the long term.

"This law has allowed me to subconsciously curb my defensiveness," Myricks said. "People have always had a preconceived idea of who I was; I learned to ignore it, walk away, and let my actions demonstrate who I truly am."

Law 10: Infection: Avoid the unhappy and the unlucky.

Myricks says this was one law that she was hesitant to accept. "I understand that we aren't always going to have the best luck," she said. "But I try my best to disassociate myself from people who are constantly unlucky; what you put into the world can't be positive if you feel you can never 'catch a break.'"

There's a difference between supporting people during depression or hardship and being the constant recipient of another person's pettiness, jealousy, or resentment.

"People who are always unhappy tend to rub off on you," Myricks said. "You feel bad for your happiness, so you tend to suppress it."

Myricks says she's been both people - the unhappy person and the happy person - but has made the decision to distance herself from people who consistently exude negativity.

LAW 25: Recreate yourself.

"Every new level you are taken to will require a new version of yourself," Myricks says. "Don't become stagnant because you fear change."

Previously, Myricks told Insider her success comes from knowing how to be constantly agile with the opportunities life brings, whether that's leaving a full ride at school to pursue a thriving side business, or adapting her gym to the Los Angeles COVID-19 shutdown by moving classes outdoors.

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LAW 35: Master the art of timing.

About this law, Greene writes: "Always seem patient, as if you know that everything will come to you eventually."

Despite five side hustles, a day job, and a schedule that's packed from 5:45 AM to midnight, Myricks sounded relaxed on the phone. She never rushed her thoughts or sounded harried. As far as first impressions go, she's mastered self-contained ease.

LAW 46: Never appear too perfect.

"Often, we get lost in seeming perfect for social media or our peers," Myricks told me. "It's ok to display your fears, your trials, and your setbacks. To be in a position of power and success comes with the opportunity to help others. Help by being transparent."

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Laws of Power" (small)

Tyra Myricks' other recommended books:

What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!" (medium)What on Earth Am I Here For?" (medium)
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