Success and specialization

Comparative advantage is also measured by the salary yardstick, and how much a person’s time, skills and core skill sets are worth.

Example: Michael Jordan is a skilled basketball player, and is very tall. If he wants, he could paint his own house by himself and do it quickly due to h...

Habits change your life, but they don't guarantee success.

Waking up early, working hard, and taking cold showers do not cause success. They contribute to it, but they may be insufficient.

• Winners quit fast and often when a plan is not a good fit. The sunken cost fallacy might try to sway our decisions, but the “willingess to jetisson” (quit and switch paths when they are no longer a quality match for us) is a key trait for late specialization...