Goal Setting

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.

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).

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.

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.