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The importance of perseverance
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You are the sum of your decisions
A few major decisions determine a good portion of how our lives, careers, and relationships turn out. The outcomes of these decision points will reverberate for years.
Even small decisions can matter as they accumulate over the years.
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Why We Make Poor Decisions
- We’re not as rational as we think.
- We’re not prepared. We don’t understand the invariant ideas — the mental models — of how the world really works.
- We don’t gather the information we need. We make decisions based on our “g...
216
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The World Is Multidisciplinary
We live in a society that demands specialization. Being the best means being an expert in something. A byproduct of this niche focus is that it narrows the ways we think we can apply our knowledge without being called a fraud.
We should apply all the knowledge at our dispos...
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The quality of our decisions
We all make decisions. However, few of us realize that the process we use to make decisions is more important than the analysis we put into the decision.
A McKinsey Quarterly survey pointed out that 60 percent of executives thought that bad decisions w...
Steps of the zero-sum budget
- Determine how much you make on any given month.
- List your bills: Once you determine how much money you'll make this month, figure out how much money you need to spend next month.
- Compare and contrast: Once you see your monthly income and your monthly bi...
What‘s your measuring stick?
We all have some sort of measuring stick that we use to determine our value as a human being.
- When we feel like we’re measuring up, we feel good about ourselves.
- But, when we feel like we’ve fallen short, our self-esteem can plummet.
Our measuring stick has...
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