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The book 'Discipline is Destiny' by Ryan Holiday emphasizes the importance of building discipline to achieve goals and develop high character. It highlights the significance of discipline in controlling one's body, thoughts, and spirit. The book provides compelling storytelling and breaks down discipline into three categories. Lack of restraint is identified as a major hurdle to success, as it can lead to distractions and ruin one's life. The author shares personal experiences and lessons, encouraging readers to maintain discipline even in the face of success and temptations.