Every choice is very costly - Deepstash

deepstash

Beta

deepstash

Beta

Tell Me What You Say Yes to, and I'll Tell You Who You Are

Every choice is very costly

Saying yes isn’t free. Every choice has embedded an opportunity cost. 

When you say yes to anything, you say no to almost everything else. 

1343 SAVES


This is a professional note extracted from an online article.

Read more efficiently

Save what inspires you

Remember anything

IDEA EXTRACTED FROM:

Tell Me What You Say Yes to, and I'll Tell You Who You Are

Tell Me What You Say Yes to, and I'll Tell You Who You Are

https://medium.com/better-marketing/you-are-what-you-say-yes-to-60457c4d26d3

medium.com

6

Key Ideas

Warren Buffett

Warren Buffett

“The difference between successful people and very successful people is that very successful people say no to almost everything.”

Every choice is very costly

Saying yes isn’t free. Every choice has embedded an opportunity cost. 

When you say yes to anything, you say no to almost everything else. 

Self-signaling

Your actions provide a signal to you of the type of person you are. 

Your actions demonstrate what you really believe:  If you wake up early and go running, you’ll think to yourself, I’m the kind of person that wakes up early and goes running. 

Past, present, and future identities

  • Your present identity is based on what you said yes to yesterday, a product of your previous decisions.
  • Your future identity is what you say yes to today, a product of your current decisions.
  • Your past identity is what you’ll say yes to tomorrow. No matter how dark or conflicted your past, it can be transformed. As you change, the meaning of your past changes, as does the memory of it.

Jim Collins

Jim Collins

“If you have more than three priorities, you don’t have any.”

The pursuit of less

Most things should swiftly be said no to. The most successful people say no to almost everything.

Most people say yes to minor things. Hence, most people live minor, not major lives.

SIMILAR ARTICLES & IDEAS:

Tim Ferriss

“A person’s success in life can usually be measured by the number of uncomfortable conversations he or she is wil..."

Tim Ferriss
Become very good at living each day

Momentum is created or destroyed every day with the first few decisions you make.

If you learn to master your day, you’ll learn how to master your weeks, months, years, and life.

The things your brain needs in order to thrive
  1. Nutrition: Quality of food you put into your body matters.

  2. Oxygen: The amount of oxygen your brain gets determines how well it functions.

  3. Information: If the brain isn’t firing, it’s not wiring, and this ages it.

  4. Love: The brain thrives on physical touch and emotional connection.

one more idea

Defining "Success"

“Success” isn’t just having lots of money. 

Success is continuously improving who you are, how you live, how you serve, and how you relate.

Lose an hour in the morning, and you will be all day hunting for it.

Lose an hour in the morning, and you will be all day hunting for it.
Putting "first things" first

Start the day with your #1 priority.

Getting up early isn’t enough. You need to put first things first. When you put your top priorities first, then you ensure they make it into the bucket of your day. After your main priorities have been completed, the rest will fill the gaps.

11 more ideas

This Day Is Your Entire Life
This Day Is Your Entire Life

What we are doing today, how we master the present day and how good we are in living each day, is the key to master your weeks, months, years and your entire life.

We start our days acc...

Today Is The Future

Most people keep planning, visualizing and imagining their future life as if they are watching some other person live it. That person is you. If you intentionally live each day, perfecting and maximising your vision of the future, instead of killing time or just living a bread and butter, day-to-day existence, you steer your life towards the direction you want.

We need to act like the person we wish to become, as we are what we do all day.

What Your Brain Needs To Thrive
  • Nutrition: We are what we eat, and having a good nutritious diet, full of green vegetables, nuts and seeds goes a long way. Avoid processed foods at any cost.
  • Oxygen: or fresh air is a primary need of the brain. Any daily exercise routine is best for brain health.
  • Information: The brain needs information to process, preferably high quality and diverse. Active learning, along with continuous mental challenges that get the cylinders firing is the way to nourish the brain and form connections. True learning reframes our entire mental model and helps the brain evolve.
  • Love: What keeps us happy and healthy is good, loving relationships, and the care and touch of loved ones.

6 more ideas

'Copying' famous routines

Not everyone consciously crafts their routines to maximize their time. That’s why people are interested in the routines of successful people: we think following the same steps will bring the same r...

Rituals

Rituals are repeated behaviors (like routines). However, they’re deeply personal and are imbued with deeper meaning beyond just a sequence of actions. They mark a change, a switch in task or moment of importance.  And it’s those symbolic actions performed at key moments that help us move through the day smoothly.

Routines

A routine is a series of regularly followed actions. There are few things that impact your daily productivity, career trajectory, and overall well-being as much as your routines. What’s important isn’t the exact nature of your routine, but that you have one and stick to it.