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Break down to first principles
First principles are the fundamental building blocks in thinking and decision-making. These are core elements that are true regardless of situation and context.
Once you have a good set of first principles, you then have the elements that you need to start creating new options and new solutions that you can be confident in
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More data and better data
Both quantity and quality of data is important. Look further than summarized information and analyse the underlying data
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Develop efficient simulations
Thinking in terms of models or analogies, can be useful for simplifying a situation and quickly finding alternatives and strategies.
Models can help you quickly generate insights and strategies
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Learn to separate fact from inference
Analyse the data and understand the difference between facts and assumptions made from Data. Assumptions should never be treated as facts.
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Continuously challenge status quo
Testing and validating assumptions is crucial as an unchecked wrong assumption can lead to poor thinking and bad decision-making.
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Things to do to improve your leadership through critical thinking
- Ensure quality data and attach the source data
- Learn to tell the difference between facts and inference
- Be clear about the basic principles
- Rely on simulations and models
- Keep validating your assumptions
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First Principles Thinking
Is the act of deconstructing something to the fundamental parts that you know are true and building up from there.
Also called reasoning from first principles, it effectively helps many great thinkers (or entrepreneurs like Elon) to break down complicated p...
First Principle Vs. Analog Thinking
- First principles thinking: actively questioning every assumption you think you know about a given problem or scenario and then creating new knowledge and solutions from scratch.
- Reasoning by analogy: building knowledge and solving problems based ...
First Principles: Not A New Idea
Thinking from first principles is not a new idea. It's actually the single most consistent factor among great thinkers.
For example, Aristotle believed that you could not possess true knowledge without first understanding the first principles. He thought that everything could be divide...
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