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I also had a strong tendency to do things the hard way without anyone’s help. Again, in this way, I threw any unfair advantages I had (like my parents being willing and able to invest in me but me choosing to go it alone) down the drain. I’ve foregone a lot of unfair advantages in my life in pursuit of true meritocratic ideals. The trouble was, as this book showed, our society was never purely meritocratic to begin with. I was driven by naive delusion.

The Unfair Advantage

The Unfair Advantage

by Hasan Kubba

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  • .Life isn’t fair – but it’s not an excuse to have a victim mindset – instead we must equip ourselves with knowledge of the potential obstacles and shortcuts
  • An unfair advantage is a condition, asset or circumstance that puts you in a ...

  • There are two leading, opposing narratives on how success/wealth is attained:
  1. Luck – rich people got rich due to factors outside their control (luck, timing, natural talent and fate) – their success wasn’t earned (fatalism)
  2. Hard work

Examples of unfair advantages – being tall in basketball, being rich before starting a business, knowing someone at a company when applying for a job etc.

  • Can’t be easily copied or bought
  • Unique to you
  • Build on each other and have a snowballing, multiplicative effect

  • Money – the capital you have/can easily raise
  1. Money gives you a safety net, contingency and the power to scale (you need money to make money).
  • Intelligence and Insight – ‘book smarts’, social + emotional intelligence ...

  • Lots of money can make you complacent, wasteful and less hungry to succeed
  • A lack of intelligence can mean being more humble and willing to ask questions and less overthinking
  • A good location costs ...

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