Learn more about personaldevelopment with this collection
Identifying and eliminating unnecessary expenses
How to negotiate better deals
Understanding the importance of saving
3. Speak your mind
If you ever find yourself in a tight unanimous group, you must speak your mind, even if your team does not like it, and even if it means risking expulsion from the warm nest.
And if you lead a group, appoint someone as devil's advocate.
He or she will not be the most popular member of the team, but definitely the most important.
409
4.83K reads
MORE IDEAS ON THIS
6. Compounding
When it comes to compounding, don't trust your intuition - you have no idea how powerful it is.
373
4.26K reads
2. Confirmation bias is the mother of all misconceptions.
It is a tendency to interpret new information so that it becomes compatible with our existing theories.
Warren Buffet has seen people losing money with this because they ignore facts that contradict the theory in the mind of the investor.
Disconfirming evidence must be sought out to b...
400
5.89K reads
7. It is not what you say, but how you say, that's important.
99% Fat-Free product seems more healthy than a product with 1% Fat.
439
4.43K reads
5. Loss Aversion
The fear of losing something motivates people more than the prospect of gaining something of equal value.
454
4.56K reads
10. Averages
Whenever you are dealing with averages, be careful of the distribution behind them.
A Bill Gates monthly income in a group of 50 ordinary citizens can give an extremely misleading average.
364
4.27K reads
8. If you are not a part of the solution, you are definitely a part of the problem.
There is no 3rd category of passive onlookers.
428
4.27K reads
9. Passion
Follow your passion even if you have to do away with part of your income for that
381
4.03K reads
1. Hard Work
Never underestimate the hard work and lower probability of success, just because we are shown more successful people than many more actual failures.
It does not mean, in any way, that you should not dream big. It just says that don't get overawed by the number of success stories you read an...
429
6.65K reads
4. Induction
Send an email to 10,000 people with the stock market predictions by dividing them into 2 groups - telling reverse prediction to each group. Prediction for one of the groups will come true.
Send a new prediction to the 5,000 whom you predicted correctly earlier - again after dividing them in...
409
4.26K reads
CURATED FROM
CURATED BY
10 Powerful Lessons of the book “The Art of Thinking Clearly”
“
Related collections
More like this
Check your empathy first
Before discussing performance in a 1:1 meeting, check your empathy first. You want to add value and find out how your direct report feels.
- Does the person you're managing feel invested in your company or team goals?
- Does he/she feel as if you've got his/her back...
Be Impeccable with Your Words
Be mindful of your words:
- Speak with integrity.
- Speak the truth, even if it's not easy.
- Use your words for truth and love.
- Choose your words carefully.
- Be kind and compassionate in your speech.
- Avoid gossip and negative se...
Who do you market to?
Not everyone. Never, ever everyone.
When marketing, you must start with the very smallest viable group.
If your marketing is for your YouTube channel, and you want to make videos on productivity you are setting yourself up for failure, your too broad, and you will be yelling into an o...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates