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Mark D.

@markd17

The Importance Of Disrupting Yourself

  • One must continuously learn new alternatives, skills and approaches to work and nurture one’s innovative spirit, becoming a competitor to oneself.
  • One has to look for gaps, areas of improvement and new market realities.
  • One must invest time, money, energy and attention towards new methods, techniques and tools that help us innovate, reinvent and upgrade ourselves.
  • One can take time to analyze one’s life and career, reviewing and reflecting on the strategies that are incorporated to improve oneself.

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The Competency Trap: How Smart People Sabotage Their Careers

The Competency Trap: How Smart People Sabotage Their Careers

https://medium.com/kaizen-habits/the-competency-trap-how-smart-people-sabotage-their-careers-46cf3d9c8e13

medium.com

TOPICS IN THIS IDEA

Problem Solving

Problem Solving

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Kyle Red

@redkyle

I interviewed 21 self-made billionaires about their secrets to wealth and success-here's what I learned

I interviewed 21 self-made billionaires about their secrets to wealth and success-here's what I learned

There are billions of people in the world, and only a tiny fraction of billionaires. These are the people who have created phenomenally successful businesses and changed the world in significant ways. What's their secret to achieving such impressive accomplishments? What are their belief systems? What gives them the energy to pursue ambitious goals?
https://www.cnbc.com/2019/06/21/self-made-billionaires-the-6-habits-of-massive-wealth-and-success.html

cnbc.com

Practice Discipline

Practice Discipline

Billionaires are often highly disciplined and set extraordinarily high standards for themselves and the people around them. Of course, they have lazy and unmotivated days but they don’t allow thems...

Commit To Routines

Routines and rituals are sets of habits that, when practiced consistently, lead to profound, long-term results. Most billionaire routines start early in the day and include exercising, reading and contemplating.

It doesn’t matter when you do your routine activities. What counts is that you commit to doing them — even when you don’t feel like it.

Contemplate

Billionaires love setting aside alone time. .. To think. They might do this by meditating or some other relaxing activity they enjoy.

3 more ideas

Samantha Q.

@samanthabqq74

How to avoid the ‘competency trap’

How to avoid the ‘competency trap’

Previous successes can stand in the way of new opportunities – and even lead to failures with big price tags.
https://www.bbc.com/worklife/article/20200608-what-is-the-competency-trap

bbc.com

The Competency Trap

The Competency Trap

The company having the original PC technology back in the 70s was Xerox. This was a time when their photocopiers were a worldwide hit, and even their brand name ‘Xerox’ was used as a verb. They had...

The Problem Of Success

Successful organizations start having rigid corporate cultures, which crumble when the outside world evolves, which is always inevitable.

The rules and assumptions that companies operate on, become embedded, making the employees blinded from any potential future innovations.

The Sunk-Cost Bias

... is a reluctance to give up on the past spendings and investments made on projects or products that are no longer providing any return.

The managers are usually unable to make strong decisions and keep adding costs to failed (or about to fail) projects.

2 more ideas

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