Energy Is More Important Than Time - Deepstash

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Six Spokes Theory: Strategy For An Optimal Life

Energy Is More Important Than Time

  • Most of us spend our whole day working, leaving us with less energy for other important areas of life.
  • In the Six Spokes Theory, the work spoke is just as important as your love spoke or your play spoke, and everything matters.
  • One has to spend the same amount of energy in each spoke, as a thumb rule.
  • The Six-spoke theory is all about smart consumption of our limited energy, along with the best use of the limited number of hours we have during the day.

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Improve decisions by focusing on the process
Improve decisions by focusing on the process

Most people assume that good decision making is choosing a course of action that leads to the desired outcome.

In reality, decision making is about how you end up with your...

Thought-provoking questions

Before making a decision, don't just ask the obvious questions like "what are my alternatives?" or "what are the consequences?"

Consider instead these questions:

  1. Why might my belief not be true?
  2. What other evidence might be out there?
  3. Are there similar areas I can look for to gauge whether similar beliefs to mine are true?
  4. What sources of information could I have missed?
  5. What reasons could someone else have to support a different belief?
  6. What other perspectives are there?
Think about what you can’t know

Asking yourself critical questions forces you to think about what you can't know.

Critical questions direct you to friends, mentors, communities, books, courses, and even podcasts for insights that encourage an outside perspective.

The Way We Delude Ourselves
The Way We Delude Ourselves

Cognitive Biases are a collection of faulty and illogical ways of thinking which are hardwired in the brain, most of which we aren’t aware of.

The idea of cognitive biases was invented ...

Hyperbolic Discounting

It's a tendency to heavily weigh the moment which is closer to the present, as compared to something in the near or distant future.

Example: If you are offered a choice of $150 right now or $180 after 30 days, you would be more inclined to choose the money you are offered right now. However, if we take the present moment out of the equation, and put this offer in the distant future, where you are offered $150 in 12 months or $180 in 13 months, your choice is likely to be the latter one.

Common Biases
  • Actor-Observer Bias: the way the explanation of other people’s behaviour tends to focus on the influence of their personality while being less focused on the situation while being just the opposite while explaining one’s own behaviour.
  • Zeigarnik Effect: when something unfinished and incomplete tends to linger in the mind and memory.
  • The IKEA Effect: when our own assembling of an object is placed at a higher value than the other objects.
  • Optimism Bias: makes us underestimate the cost and duration for every project we try to undertake or plan.
  • Availability Bias: makes us believe whatever is more easily available to our consciousness, and is more vivid (or entrenched) in our memory.
Mental Toughness Traits
Mental Toughness Traits

Professional athletes have five common traits, which make them mentally tough:

  1. Ego strength
  2. Level-headedness
  3. Stress tolerance
  4. Thoroughness
  5. ...
Ego Strength

Ego, generally considered an enemy, surprisingly can also be defined as a measure to handle setbacks, criticism and rejection.

When our ego-strength is embraced and utilized positively, we genuinely believe in ourselves no matter what the circumstances. No rejection, loss or failure can destroy our will to keep going.

Level-Headedness

Mental toughness is about keeping calm and level-headed while in situations that can make one emotional or make one’s heart pound.

It is almost like a superpower if you are composed and ‘cool’ instead of giving a knee-jerk, emotional reaction.