Mental Preparation - Deepstash

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The 7 Secrets Self-Motivated Entrepreneurs Know

Mental Preparation

Mental Preparation

For daily motivation to arise, mental preparation (the night before and during the morning) is key. Certain visuals, music, and other trigger pieces can set your mind towards your goal.

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Using Decision Trees
  • Understand the different outcomes that could happen (both positive and negative)
  • Calculate the expected return or loss of each outcome
  • Attach a probability to each outcome
  • ...
Use Decision Trees 

Elon Musk uses decision trees to make big decisions (a tool that uses a tree-like graph or model of decisions and their possible consequences, outcomes, and resources). They are particularly useful for avoiding stupid risks and big bets that aren’t likely to succeed.

Most became a billionaire by making unlikely big bets, as their expected return statistically was much higher than safer bets.

Build Deep, Long-Term Relationships

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. 

This network should include 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).

Set concrete goals

To become successful sooner, you first need a road map for your career. What do you want to achieve in your career?

Long term goals help you create a framework for your caree...

Stick to a routine

There’s a big benefit to repetition. Routines help you establish good habits and keep you moving forward.

With positive routines in place, you often begin to see results quickly.

Find a mentor

A mentor is someone who is on the same career path as you, but further along.

They guide you through things like how to avoid potential pitfalls, and how you might approach the next steps of your career.

Master Self-Discipline
  • Know your weaknesses. You can’t overcome them until you know them.
  • Remove temptations. “Out of sight, out of mind.”
  • Set clear goals and have an execution ...