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The 3 Stages of Failure in Life and Work

https://jamesclear.com/3-stages-of-failure

jamesclear.com

The 3 Stages of Failure in Life and Work
One of the hardest things in life is to know when to keep going and when to move on. On the one hand, perseverance and grit are key to achieving success in any field. Anyone who masters their craft will face moments of doubt and somehow find the inner resolve to keep going.

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Telling someone to never give up is terrible advice

Successful people give up all the time. If something is not working, smart people don’t repeat it endlessly. They revise. They adjust. They quit.

Just like the saying goes, “Insanity is doing the same thing over and over again and expecting different results.”

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The 3 Stages of Failure

  1. Failure of Tactics - the HOW mistakes: failure to execute on a good plan and a clear vision.
  2. Failure of Strategy - the WHAT mistakes: when you follow a strategy that fails to deliver the results you want.
  3. Failure of Vision - the WHY mistakes: failing to understand why you do the things you do.

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Fixing a Failure of Tactics

  1. Record your process.
  2. Measure your outcomes.
  3. Review and adjust your tactics.

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Fixing a Failure of Strategy

  1. Launch it quickly.
  2. Do it cheaply.
  3. Revise it rapidly.

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Taking life as it comes

Many people prefer to go-with-the-flow and take life as it comes. In theory, that's just fine.

But in practice, there is a problem: If you never decide on a vision for your life, you'll often find yourself living someone else's dream.

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Failures of Opportunity

These are WHO mistakes. They occur when society fails to provide equal opportunity for all people.

Failures of Opportunity are the result of many complex factors: age, race, gender, income, education, and more.

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SIMILAR ARTICLES & IDEAS:

Using Decision Trees

  • Understand the different outcomes that could happen (both positive and negative)
  • Calculate the expected return or loss of each outcome
  • Attach a probability to each outcome
  • ...

Use Decision Trees 

Elon Musk uses decision trees to make big decisions (a tool that uses a tree-like graph or model of decisions and their possible consequences, outcomes, and resources). They are particularly useful for avoiding stupid risks and big bets that aren’t likely to succeed.

Most became a billionaire by making unlikely big bets, as their expected return statistically was much higher than safer bets.

Build Deep, Long-Term Relationships

One of the best ways to get information is not from just being better at searching Google, it’s from learning how to build a network and get the information you need through that network. 

This network should include people’s lessons learned and hacks, topics that are too sensitive to talk about because they make someone look bad, and tacit knowledge (knowledge that people have but aren’t able to articulate).

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Time Is The Most Precious Resource

Time is the most precious resource. Death gives a sense of urgency, as any moment could be your last. It humbles you and should also deeply motivate you to not spend your time thoughtlessly.

Emotions Come From Within

Outside forces don’t make us feel things, our perceptions of them do. It’s easy to think otherwise, but doing so harms us and undermines our self-discipline.

The next time you run into an obstacle and feel resistance, don’t look at what’s around you. Instead, look within.

The People You Respect

Whatever you do, there are individuals that you can learn from. If you can’t talk to them, you can study their story, works, techniques, successes, and failures, and discover patterns of success you can apply to your life.

Be careful not to turn it into an exercise of comparison and expect your progress to be the same as theirs. Their teachings and principles are supposed to help you grow, learn, and create. 

The "fresh start" effect

The "fresh start" effect

The fresh start effect is defined as the feeling all individuals know at the beginning or end of an experience, week etc. It says that people are better at tackling their goals when they st...

Keep track of your performance

In order to reach your goal, learn to rely on performance metrics, in order to understand where exactly you stand in terms of performance. To allow a successful tracking of personal progress:

  • Define a deadline
  • Use a simple system to track your progress
  • Ask for help from a trustworthy person if you cannot do it yourself.*

Think big

After a period of success, you most certainly want to keep doing the things in the same way, as it has allowed you to achieve everything that was on your list, rather than starting all over again.

In order to make sure that it does happen like this, consider making a visual that can enable you to go over your past progress while keep your motivation alive or keeping track of your progress by means of monthly reports.