Hidden practice is costly - Deepstash
The Psychology Of The Ultimate Entrepreneur

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The importance of perseverance

How to embrace failure as a learning opportunity

The power of innovation and creativity

The Psychology Of The Ultimate Entrepreneur

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Hidden practice is costly

Hidden practice is costly

When successful people keep their practice hidden, it can be costly to society because it obscures the amount of failure that goes into success. We only see the final products. 

When we experience messy frustration, we are too eager to believe we don’t have what it takes and give up.

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Grit is needed to get somewhere

Directional consistency, the ability to stick unswervingly to a single, superordinate goal over a period of years is perhaps not the best approach in an economy where career paths can twist or even disappear over a short period.

However, we need some direction to get anywhere. Even if are f...

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Grit can be developed

Duckworth argues that grit - perseverance and exclusive pursuit of a single passion - is severely underrated. Grit can be developed and is as important as IQ in predicting educational success.

What differentiates high performers is mostly how they process feelings of frustration, di...

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Measuring persistence

Measuring persistence

In a study,  Angela Duckworth, psychology professor and author of Grit,  found that SAT or ACT scores can not reliably determine grit. What did work was a "Grit Scale" that included statements such as "I finish whatever I begin" and “setbacks don’t discourage me."

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The natural bias

The natural bias

On the surface, people think effort is more important than talent. Employers say they value industriousness more than intelligence in an employee. But deep down, they hold opposite views. Studies show people prefer a "natural" over a "striver". This bias has practical implications. 

“If...

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Investing and saving is not the same thing.

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Why Change Is So Hard

Changing is necessary and takes energy but our brains tend to try to conserve energy as much as possible. So we have mental biases that influence our behaviors and make us shy away from opportunities—even when they benefit us in the long-term.

Two of the main bias are loss aversion a...

Ideas Are Cheap, Execution is Priceless

Ideas Are Cheap, Execution is Priceless

We’ve all had that one idea that we think would make us successful.

It’s so valuable to us that we keep it locked in our minds until we find a way to make it real. What we don’t realize is that this is not true at all.

We give too much importance to the idea, when in ...

Nothing Is Free

Nothing Is Free

Everything has a price, but not all prices appear on labels.

The price of investing success is not immediately obvious. It’s not a price tag you can see, so when the bill comes due, it doesn’t feel like a fee for getting something good. It feels like a fee for doing somethi...

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