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Easy makes a good story because it is short, persuasive, and comforting. But it is deceiving. Everything worthwhile has a cost.
When there is a delay between benefit and cost - as is the case of investing - the benefits always seem easier than they are. When benefits seem easier than they are, people are tempted to take ris...
Thinking you have created your success by yourself is faulty. Thinking your talents directly lead to your results is cognitive dissonance.
Other considerations include opened doors because o...
When we experience beginners' luck, we might fool ourselves by mistaking luck for skill. It feels amazing because you get excited about your ability to repeat it.
Having goals and systems in place can make a task feel deceptively easy. The downward slide:
Everything looks easy when you can't see behind the scenes. What you do witness is the end product. You don't see the hard work and many mistakes that went in to produce the final product.
It can look easy when you view the task without considering the competing interests of outside forces.
It’s hard for an outsider to see how many competing forces can prevent what looks like ...
SIMILAR ARTICLES & IDEAS:
If you lack a skill, you'll lack ability. If you have a zero anywhere in your equation, no amount of strengths will make up for it.
For instance, in Business, you will need Sales/Marketi...
To go from zero to 80% (good enough) requires a different approach than that needed to get from 80% - 99% (world-class). The last 20% also requires a different level of commitment. For instance, Stephen King spent 6 - 8 hours daily for ten years before he succeeded as a commercial writer.
The gains disproportionately accrue to people at the top. Stephen King probably sells more books than the rest of his category combined.
Being good at many things probably means that you are at 80% of your potential in all of them. It is not enough to stand out.
Pick a very few things to tackle through the 10,000-hour rule and try and reach 99% of your potential in them.
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It consists of thinking long and hard about your life and work. Write down everything that is on your mind, then consider what is most important.
Progress can sometimes feel like endless staircases where you climb and climb, but can never see the end.
A personal mission statement allows you to look back and see how far you've climbed.
A personal mission statement reminds you where you're coming from and puts your life in perspective. When you feel frustrated, you can go back and read how much you've progressed over a specific time.
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John T. Reed, a real estate investor, looked into the accuracy of Kiyosaki's best-selling book and found it inaccurate:
According to John T. Reed the famous book is filled with bad advice:
Many critics pointed out that Kiyosaki is selling a cult, not financial advice.
He is accused of tapping into the fantasies of the masses & being short on specifics, both attributes of religious cults.