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*Just like compound interest multiples one’s savings, improving one’s mind daily, during the best hour of the day, multiplies one’s mental compounding interest.
This ‘mental’ compounding interest advice comes from investor Charlie Munger, in his book University of Berkshire Hathaway.
Taking a cue from Bruce Lee’s famous quote ‘Be Water’, we must adopt a water mindset and adapt to our body and physiology: our best hour of the day could be any hour of the day, as long as it is according to you. Give yourself the best hour of the day.
All of us cannot wake up and join the 5 AM Club as our bodies are different and each morning isn’t the same.
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There is an inverse correlation between the number of hours we work and the effects it has on our lives.
Studies point out that 40% of people are working at night
One of Aesop's fables is about the race between the tortoise and the rabbit.
In life, we have both inside us. One urges you to go fast; the other to go slow, but steady. Sprinting at times is good, but we should not think we can always rely on our speed as we will burn out. We achieve more by making a little progress every day.
“Eighty percent of success is showing up.”
When everything is going right, you’re going with the flow. When everything is not going right, you’re trying to go against it.
So instead of feeling frustrated, choose to take it easy. Have that ice cream. Sleep in. Don’t work out. Eventually, you’ll want to get back to your productive routines.
Most people assume that good decision making is choosing a course of action that leads to the desired outcome.
In reality, decision making is about how you end up with your...
Before making a decision, don't just ask the obvious questions like "what are my alternatives?" or "what are the consequences?"
Consider instead these questions:
Asking yourself critical questions forces you to think about what you can't know.
Critical questions direct you to friends, mentors, communities, books, courses, and even podcasts for insights that encourage an outside perspective.