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Introduction: What Produces Success?
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Chapter 1 :
Succeed. Play it safe and do what you're told?
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//Leadership Filtration Theory
> Filtered leaders
>> Valedictorians
>> Not visionaries
>> Grades are a perfect indicator of self-discipline, conscientiousness, ability to comply with rules
>> Schools reward GENERALISTS, not passion or expertise
>> Schools have clear rules. Life doesn't. When there's no clear path to follow, academic high achievers break down.
>> Playing by the rules eliminates both extremes
>> Proven over the years, steady progression
>> Safe bets
?? If you're one, make sure you have a path that works for you.
> Unfiltered leaders
>> Unconventional
>> Abraham Lincoln, Benjamin Franklin
>> At the two extremes
>> Intensifiers, by Makunda. How a bad thing may be your biggest advantage
>>> We often label stuff as good/bad when the right word is actually "different"
>>> Most of us are DANDELIONS, resistive af
>>> Some are ORCHIDS, like Glenn Gould, sensitive to both the good and bad
>>> And then there are HOPEFUL MONSTERS, like Phelps
>> If you are one, don't dampen your intensifiers. Let them flourish.
> Know your strengths and act on them
>> To know your strengths, do a FEEDBACK ANALYSIS. Write down expectations and see what actually happens. You'll find a pattern
>> To act on it, take the project. Explain how you work, how the relationships should be and what the expected outcome is. Because this is who I am.
> Pick the right pond
>> top analysts who jumped ship stopped being the top. UNLESS they brought their team, their "pond"
>> To find your pond, ask: What companies, institutions, and situations value what I do?
>> When taking a job, take a long look at the people you'll be working with. Odds are, you're going to become like them. They won't become like you. If it's not a fit, you'll be unhappy there.
>> At the next job interview, ask who you're gonna report to. Ask to speak to them and do your research on them.
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Chapter 2 :
Game theory: Do nice guys finish last?
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> Performance won't save you if the boss is unhappy. Keep your bosses happy, performance doesn't matter as much.
>> Work hard but make sure it's noticed by the boss. It doesn't payoff if the boss doesn't know who to reward.
>> Every Friday, email the boss about your good progress.
//feeling powerless makes you dumber
> Learn from jerks: They're assertive about what they want and they're not afraid to tell others about their achievements.
>> BUT bad behavior is infectious and it spreads. RIPPLE EFFECT. MOLDOVA.
> Criminals need MORE order in prisons to survive. "Without order, there is anarchy. And with anarchy, people die here."
>> Treating others around you well can lead to far greater success
> GIVERS make the top AND the bottom of most success metrics
>> In the short term CHEATERS and TAKERS win. Not in the long run.
>> There are some things givers can do to make sure they don't go overboard
>>> Limit yourself to 2 hours of volunteering a week.
>> seems like Tit-For-Tat wins most.
>>> Wins even more when coupled with some forgiveness. Occasional forgiveness prevents death spirals
TFT taught opponents lessons. Give them second chances, nobody's perfect. And often, it's just misunderstanding.
>>> Lessons to learn from TFT's success:
1. Don't be envious.
- Life is not a zero-sum game. You don't have to lose if someone else loses. Worry only about how you're doing.
2. Never be the first to defect.
- You must go first with kindness.
- the cornerstone of persuasion and ingratiation
- they need to LIKE you.
- Doing quick favors for new acquaintances shows them you're a giver and trustworthy person.
3. Reciprocate both cooperation and defection
- TO punish takers, just good ol' fashioned gossip in the workplace. Makes you feel good and polices bad behaviors.
4. Don't do anything too clever. Doesn't work
> Think Long term and make others think long term
>> Fewer things seem like a one-off, the better people treat you. Because you'll encounter them again.
1. Build more steps into the contract
2. Entice them how you can help them down the line
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Chapter 3 :
On Grit and Gamification: Do winners never quit and quitters never win?
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> Joe Simpson's fall from the mountain
> POSITIVE self-talk can give you GRIT.
> OPTIMISTIC people make VERY good SALES people/SALES groups.
>> Other benefits: Better health, better negotiations/deal closing ratio
>> Optimists tell themselves:
1. Bad events are temporary
2. have specific reasons about the bad events, which are not universal
3. It was not their fault.
> Sometimes there's a way we didn't see because we gave up too early.
> it's all the STORIES you tell yourself.
>> Think about your death
>>> Resume values (extrinsic success) vs Eulogy values (internal success)
>> Stories remove information, they're supposed to be less accurate.
>> Auschwitz
>>> Those who saw their life existing for a larger purpose persisted. The rest smoked the cigarette and ran for the fence.
>>> "What is to give light must endure burning." - Viktor Frankl
>> Fate (what we can't escape) vs Destiny (what we have to work to bring to fruition)
>> "We are what we pretend to be. So we must be careful about what we pretend to be." - Vonnegut
>> Gamification: changing the story to a more fun one
>>> Games change the struggle to something else.
>>> WNGF
1. Winnable
- Define a game for yourself. If it's not winnable, move on to the next one
2. Novel challenges
- Hard but not too hard. Easy but never too easy.
3. Goal
- Arbitrary, but provides a framework to evaluate success/failure in the game
4. Feedback
- Meaningful work is the best kind of work
- facilitate progress, even small wins. Show them their work matters.
- Be an honest El jefe and ask regularly how you're doing and how to improve
- feels silly, that's why nobody does it. But it works.
> Opportunity cost
>> "The price of anything is the amount of life you exchange for it."- Henry David Thoreau
>> Whenever you feel like you don't have enough money/time etc, time to employ STRATEGIC QUITTING
>>> Get rid of everything that is not moving the needle when it comes to achieving goals
>> Time != Money.
>>> We're conservative about how much money we have, but we always think there'll be a tomorrow.
>> Stop chasing unattainable goals. It will make you happier.
>> "You can do anything as soon as you stop trying to do everything"
> Try more stuff to be happier
//LUCK SCHOOL, Richard Wiseman
>> We only regret the stuff we did not do. Because we can't rationalize that.
>> "You regret most the things you did not do."
>> Fail fast, fail cheap.
>> Prototype and test until time is up.
>> Don't be Batman. He has to be perfect, else he dies. You don't.
>> Quit what fails. THEN apply grit.
>> Try knowing you'll quit most of it. Once you've found "your one", keep out 5-10% time for trying new things. This keeps you learning and growing.
>> Take a yoga class but don't sign up for the year-long membership yet.
>> Do it like a Venture capitalist.
>> People who switch jobs more often in their early career earn more in their prime.
>> More hobbies = more eminent/even the noble.
> Optimal stopping problem, when should you quit something?
>> Square root of total times you think you'll try.
>> Take the best as a benchmark
>> next time you find sth better, settle.
> How to turn dreams into reality?
>> Just dreaming activates the grey matter that feels like you already have it. So you don't feel like working towards it.
>> Mental Contrasting/WOOP - WIsh, outcome, obstacle, plan
>> Gives you a motivational boost if achievable (grit) or makes you quit.
> Summary:
1. Do you know what you need to be gritty at?
If no, Little bets + WOOP
2. Are you optimistic?
If no, work on your explanatory style.
Be optimistic about the small things
Pessimism helps on the high-risk stuff well.
3. Do you have a story?
if not, write your eulogy
4. Have you made it a game?
If no, employ WNGF
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Chapter 4 :
On networking: It's not what you know, It's who you know; Unless it really is what you know
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> Erdos Number
> Dealing with others is often an important part of getting ahead
> Most leaders think they're extroverts, self-fulfilling prophecy
>> SPeaking first, speaking often, seems like EL Jefe
>> Shy people are perceived as less intelligent
>> PERIPHERAL ACQUAINTANCES = more connected and learn about emerging possibilities
>> Strong friendships kept them out of trouble, Weak Ties gave them business opportunities
> Introverts are far more likely to become experts in their fields
> Who's the better leader? Depends on the team
>> If the workforce is passive, extroverts
>> If the workforce is highly motivated, introverts know how to listen, help and get out of the way
> Ambiverts make the best salespeople
>> "Read each situation more carefully and ask yourself, "What do I need to do right now to be most happy/successful?'" - Adam Grant
> When we collaborate, including healthy rivalry, the gains can be exponential.
> DO NOT be transactional about networking. It is better to give than to receive.
>> Networking is about a personal relationship
>> Knock them sometimes with little favors, be the cool friend to be around.
>> Friends are family we choose.
>> When people tell you they're having trouble with something, try and sincerely help a little.
>>> IF you do offer some help, FOLLOW THROUGH
>> WHen making friends, be socially optimistic
> We prefer things that are most similar to us, names, birthdays, tastes
>> Asking people questions about themselves can create a bond in a short amount of time - Arthur Aaron's research team found
> NEVER offer advice/tell them how they're wrong.
>> BUT, asking for advice is the easiest way to warm to someone
> How to:
1. Start with friends, reconnect sometimes.
2. Find the SUPERCONNECTORS/SUPERFRIENDS (high degree in the graph) - produces disproportionate results
3. Make the time AND the budget every weekend to do some networking
4. Join groups
5. ALWAYS FOLLOW UP
>> Simply stay in touch every two weeks
> MISC:
>> HR team bonding is shit
>> To scout top performers, look at the larger lunch tables
>> BRIDGE relatively unconnected POCKETS of network to hear about opportunities earlier than other people
>> Having very few friends is a health risk! :o
> You're gonna need a mentor
>> Mentors make learning fun
>> The best mentors care about YOU
>> Difference between being inspires by a role model and getting demoralized comes down to two things, relevance, and attainability
>> How to get an awesome mentor?
1. Be a worthy Pupil, grasshopper. When the student is ready, the teacher appears.
- When an expert speaks, parts of your brain actually shuts down.
- DO everything in your power and explore. They will know you're smart and not wasting their time
2. Study them
- helps you know if the person is right for you.
- Talent Code says you need someone who scares you a bit.
3. Wasting a mentor's time is a mortal sin
- Never ask a mentor questions you can google easily
4. Follow up
- You need to consistently hit them with a conversation defibrillator to keep the relationship without being a nuisance.
5. Make them proud.
- Maybe you'll find a mentor excellent in one thing and doesn't know anything in the other. THAT'S OK.
- Get other mentors.
>> EVERYBODY needs a mentor, even if they're an expert.
> Mentor other people.
>> Makes you VERY happy.
> Misc:
>> Never show them evidence that riles up against them.
>> More open to ideas when they're consuming food.
>> Count your blessings to improve happiness
>> Gratitude is rare, Walter's gratitude tour: make it solid, heartfelt and obvious
>>> "Feeling gratitude and not saying it is like wrapping a present and not giving it" - Arthur Ward
>>> Otherwise you go into HEDONIC ADAPTATION
> How to turn wars into good discussions:
1. Keep calm and SLOW it down. Pretend you're talking to a child.
Pressure/time pressure leads to aggression
Al Bernstein: "Please speak more slowly. I'd like to help."
2. Use Active Listening
open-ended questions: what and how
summarize after a while so they say "Exactly"
3. Label emotions (???)
Sounds like you're _________
4. Make them think.
don't solve their problems.
Nudge.
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Chapter 5
On Confidence: Believe in yourself, sometimes
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> Sometimes the mere appearance of confidence can be the difference between winning and losing
>> Confidence gives us the feeling of control
>> Overconfidence (aka faking it) works because people perceive you as competent and of higher status
>>> Good first impressions, but becomes untrustworthy if they find out.
>>> MAY end up deceiving yourself. See the Yanagi fake.
>>> Is usually the mistake of experts
>>> Count "I" and "me, me, me" in the shareholder letter. More = easier to die.
>>> "Dunning Kruger Effect" - Most confident people make a strange group.
>>> Turns you into a jerk
>>> Better liars
>>> Worse leaders
>> Being less confident is better than not living up to the swagger.
> As someone becomes an expert, they seek out negative feedback to keep improving ***
> Bosses who show vulnerability and underrate themselves are the most popular.
> ALternative to both: Self Compassion.
>> The balance.
>> Forgive yourself
>> Correlated with wisdom
>> but always improve
>> Talk to yourself nicely, gently like Grandma would
>> Earn your confidence
>>> Focus on small wins to boost
>> They were probably calm and understanding, forgiving and less judgemental.
> "It is not always the people who start out the smartest who end up the smartest" - Alfred Binet.
> Don't be a faker.
>> You are the easiest person to fool - Richard Feynmann
>> Focus on presenting the best version of yourself.
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Chapter 6
On work-life balance
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> Success is not lazy, procrastinating, or mercurial
> Simonton's (?) Price Law: top 10 percent produces more than 50% output of their field.
>> Hours distinguish you in your field, you have to be obsessive
>> 10k hours, threshold hypothesis
>> The hours need to be HARD.
>> at the cost of other aspects of your life, you can be great: Ted Williams, Albert Einstein
>> one of Biggest life regret
>> If you're very serious about success, sacrifice family (NO NO)
>> Pressure hangover
>> working less can actually produce better output
> Work is life
>> Meaningful work = doing sth that is important to you + you're good at it. (signature strengths)
>> Unemployment kills you. Associated with cognitive decline, and disease (even retirement is). But having a job you dislike is worse.
> Misc:
>> Ambition alone is predictive of success
>> pEOPLE WHO SURVIVE STRESS THE BEST IARE who increase their social investments during stress Paradoxical)
>> Burnout is clinical depression
>> more pay doesn't increase job satisfaction
>> Take your training seriously, but never YOURSELF seriously. Gracie Jujitsu vs Saku
Sometimes more isn't possible. Sometimes you have to relax and have fun and be a little crazy to be at our best
>> We are more likely to have faith in people we can joke around with
>> You work best 2 to 4 hours after you wake up
>> Naps during work (90 minutes) seem to be a very good idea. You get sharper.
>> Energy, not time is the fundamental currency of all high performance - Tony Schwartz
>> Cavations refill your gas tank. Boost of upto a month.
>> Venom costume (symbiote) example
// interesting: Mirrors in the lift lobby slows downtime for us because we're narcissists
>> Work-life balance is a real issue and people are dealing with it horribly
>> People love HAVING choices, but they hate MAKING choices
>> "We are always getting ready to live, but never living" - Ralph Waldo
> Competitive:
>> There'll always be someone better than you in this world of 7 billion
>> Have a personal definition of success. What do I want?
>> Become choosers, not pickers.
>> Collapsing strategy by the author of Just Enough
>> metrics of success:
1. Happiness
2. Achievement
3. Significance
4. Legacy
>> Do not SEQUENCE by delaying.
>> Satisfice, don't maximize
>> IF YOU DONT DECID<E THE WORLD WILL DECIDE FOR YOU
>> Genghis Khan ALWAYS had a plan, and he was ADAPTABLE
> How to :
1. Track your time into the categories
- Look for HOTSPOTS of waste/productivity
- 20-second rule of accessibility (improve things you wanna do, make the others harder) - Shawn Anchor
2. Talk to boss
- Having a conversation will decrease the stress level
- They love proactive employees who talk about expectations and shiz
3. Schedule everything.
- Have these blocks (2 a day) for checking reactive stuff (like emails). Batches to deal with "busy work"
4. Shutdown ritual
- Cal Newport.
- High note, planning, good time, less stress
- downtime = hobby / friends. Not passive stuff like TV
5. Tweak your plan.
6. don't worry about innate Talent. You can do it if given the right material and environment - Benjamin Bloom.
7. ALIGNMENT ********
8. The only thing that matters at the end of life is your relationships with other people *****
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