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Different Kinds of Easy
Every job looks easy
Easy makes a good story because it is short, persuasive, and comforting. But it is deceiving. Everything worthwhile has a cost.
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Key Ideas
Every job looks easy
Easy makes a good story because it is short, persuasive, and comforting. But it is deceiving. Everything worthwhile has a cost.
The delay between benefit and cost
When there is a delay between benefit and cost - as is the case of investing - the benefits always seem easier than they are. When benefits seem easier than they are, people are tempted to take risks that they shouldn't.
Underestimating the role of others
Thinking you have created your success by yourself is faulty. Thinking your talents directly lead to your results is cognitive dissonance.
Other considerations include opened doors because of others, the input of colleagues who didn't get the credit, and a culture supportive of your unique personality.
Luck is underappreciated
When we experience beginners' luck, we might fool ourselves by mistaking luck for skill. It feels amazing because you get excited about your ability to repeat it.
Diminished competitive advantages
Having goals and systems in place can make a task feel deceptively easy. The downward slide:
- If you work hard at becoming great at something, your hard work can pay off where you become good at that thing.
- Now that you're great you might relax and not put in that much effort.
- Doing your thing now feels easy because your hard work led to a competitive advantage.
- Now that you're taking it easy, your edge wears off, which competitors can take advantage of while you are dwelling in egotistical ignorance.
- Life feels and looks easy, but that's because you're blind to the reality around you.
You don't see the labor
Everything looks easy when you can't see behind the scenes. What you do witness is the end product. You don't see the hard work and many mistakes that went in to produce the final product.
You view a task in isolation
It can look easy when you view the task without considering the competing interests of outside forces.
It’s hard for an outsider to see how many competing forces can prevent what looks like easy decisions.
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