Curated from: medium.com
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27 ideas
·301 reads
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They consistently do simple things that matters most.
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It is to think through what can go wrong because things can go wrong no matter how smart and hardworking you are.
Being both pessimistic and optimistic is better than just being optimistic. One of the best ways to win is not to lose.
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"Invert, always invert: Turn a situation or problem upside down. Look at it backward. What happens if all our plans go wrong? Where don’t we want to go, and how do you get there? Instead of looking for success, make a list of how to fail instead — through sloth, envy, resentment, self-pity, entitlement, all the mental habits of self-defeat. Avoid these qualities and you will succeed. Tell me where I’m going to die so I don’t go there."
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We must use it to avoid stupid mistakes. People, especially smart people, make them over and over.
Ignorant mistakes happen when you don’t know better. Stupid mistakes happen when you do know better.
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"We try more to profit from always remembering the obvious than from grasping the esoteric."
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The key to having enduring, extraordinary performance is to do what others won’t or can’t AND to be right.
It requires:
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"Whenever you’re betting against the consensus there’s a significant probability you’re going to be wrong, so you have to be humble."
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Find and focus on what does not change.
Become the best in one core area by continually investing in it over time, rather than jumping from trend to trend and starting over each time.
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Become the best in one core area by continually investing in it over time, rather than jumping from trend to trend and starting over each time.
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Use storytelling to make your vision more compelling.
According to academic studies on storytelling, great stories transport others into a whole other world and, in doing so, alter their beliefs, cause a loss of access to real-world facts, evoke emotions, and significantly reduce their ability to detect inaccuracies.
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1–800-GOT-JUNK strategy
- What is your top-line revenue?
- How many people are on your team?
- How would your people describe the culture of your company when talking to a family member?
- What is the press saying about your business? Be as specific as possible: what would your local paper say about your company? What would your favorite magazine say?
- What do your people love about your vision and where the company is headed?
- How would a customer describe their experience with you? What would they say to their best friend?
- What accomplishment are you most proud of? What accomplishment are your people most proud of?
- What do you do better than anyone else on the planet?
- Describe your office environment in detail.
- Describe your service area. Who are your customers and how do they feel?
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Many people work with the same people over and over in their careers.
In the information age, 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.
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is the information that only exists in people’s heads. Getting access to this ‘dark net’ information from people who have accomplished what you want to accomplish is extremely valuable and will help you think independently. The ‘dark net’ includes 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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"Ten extremely informed individuals who are happy to share what they know with you when you engage them can tell you a lot more than a thousand people you only know in the most superficial way"
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Decision trees are particularly useful for avoiding stupid risks and big bets that aren’t likely to succeed.
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The only way to protect yourself from failure is to not try, or to not try anything hard at least, both of which are sure and direct routes to mediocrity. The only way you can achieve anything big is by daring to try big things, and if you do that failure is inevitable.
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