Outcome Based Thinking - Deepstash
Lessons From Self Made Billionaires

Learn more about personaldevelopment with this collection

The value of hard work and persistence

How to stay focused on long-term goals

How to learn from failures and setbacks

Lessons From Self Made Billionaires

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Outcome Based Thinking

When pursuing a dream you have the underlying assumption that when you reach it you will be happy. That is false. 

Achieving goals doesn’t make you happy because achievements on their own hold no lasting emotional value. Only growth, fulfilment and passion has value.

253

470 reads

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When to Quit

Quit when you have an alternative path that will give you more growth, passion and fulfillment. 

If a new experience will be better, then switch to that. There is no shame in leaving a path that has become barren.

296

620 reads

Reality Check

All efforts towards correctly pursuing your own personal development must take into account reality, not how you think the world should work. The truth is reality isn’t fair and just trying your best towards your dream doesn’t always cut it.

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617 reads

Experiential Based Thinking

Instead of judging whether or not you should quit pursuing your dream based on your chances of success you ask a different question. Would I like to experience building a business from the ground up?

In this perspective goals merely guide your travels through interesting wate...

202

380 reads

Success Bias

Almost no popular self-help authors are going to have had the experience of pursuing a dream (like becoming an author) and not having it eventually work out. 

Understanding reality means that you have to accept that some of your dreams won’t come true just because you work hard enough,...

204

435 reads

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6. Create Your Own Definition of Success

6. Create Your Own Definition of Success

Remember that just because someone else has what you want, doesn’t mean you can’t have it too. Create your own definition of success and you’ll be less threatened by people who are striving to reach their goals.

Keep your eyes on your own path. Every minute you spen...

Come to terms with your decision

As you let go of your dream, you may fear you're making a mistake.

  • There's no calculus for knowing when to give up. If pursuing your dream comes at great personal cost to your relationships and other goals in life (which is different from a 'harmonious passion'), tha...

how to practice

how to practice

Pursue intrisic goals: Achieving goals that you are intrinsically motivated to pursue, particularly ones that are focused on personal growth and community, can help boost happiness. Research suggests that pursuing these types of

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