Life is made a tradeoffs - Deepstash
Music and Productivity

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Music and Productivity

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Life is made a tradeoffs

Life is made a tradeoffs

Everyone has constraints on their time and energy. And every choice has a cost. You cannot have it all. You have to choose. You can be mediocre in everything, or excel in some and ignore the rest

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The Four Burners Theory

The Four Burners Theory

Imagine that your life is represented by a stove with four burners on it: family, friends, health, your work.

The Four Burners Theory says that “in order to be successful you have to cut off one of your burners. And in order to be really successful you have to cut off two

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Options to maximize all areas of life:

Options to maximize all areas of life:

  1. Outsource Burners: you can keep the burner running without spending your time on it.
  2. Embrace Constraints and try to be effective within those limits. Well designed limitations can improve your performances.
  3. Break your life into seasons: You don’t h...

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CURATED FROM

IDEAS CURATED BY

coly

Everything in life can teach you a lesson. You just have to be willing to learn.

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Other curated ideas on this topic:

Learn to Evaluate Life Choices Via the Lens of Opportunity Costs

  • You live in a world where you must therefore make choices. You cannot avoid regret since there are opportunity costs for every choice you will make.
  • Everything in life is about opportunity costs. Every time you say “yes” to a choice, you are also saying “no” to everything else you ...

Design Your Life: Life Choices

  • We need to make the right choice, as with every choice there is lost opportunity (called opportunity cost) and a time, energy and resource commitment.
  • Making the perfect choice is arduous and will consume a lot of time, while still not feeling satisfactory, due to regret, second gu...

Waiting for Financial Independence

Everything has an opportunity cost. To choose to invest time in one thing means deciding not to invest time in all the other things. It can mean missing the gains you could have been making in the direction you really wanted to go. Pursuing any calling comes with risk. When there's uncertai...

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