How to Fail at Almost Everything and Still Win Big, Book Notes

How to Fail at Almost Everything and Still Win Big by Scott Adams

A surprisingly fantastic read, that had some great point. Scott Adams Scott Adams is the creator of Dilbert, one of the most popular cartoons out there. So here are some great life lessons from a cartoonist.

The Six Filters for Truth:
Personal experience (Human perceptions are iffy.)
Experience of people you know (Even more unreliable.)
Experts (They work for money, not truth.)
Scientific studies (Correlation is not causation.)
Common sense (A good way to be mistaken with complete confidence.)
Pattern recognition (Patterns, coincidence, and personal bias look alike.)
In our messy, flawed lives, the nearest we can get to truth is consistency. Consistency is the bedrock of the scientific method.
When seeking truth, your best bet is to look for confirmation on at least two of the dimensions I listed.
Failure always brings something valuable with it. I don’t let it leave until I extract that value.
Failure is where success likes to hide in plain sight. Everything you want out of life is in that huge, bubbling vat of failure. The trick is to get the good stuff out.
So sometimes passion is simply a by-product of knowing you will be good at something your job is not your job; your job is to find a better job
 
Systems vs Goals
Let’s agree that goals are a reach-it-and-be-done situation, whereas a system is something you do on a regular basis with a reasonable expectation that doing so will get you to a better place in your life. Systems have no deadlines, and on any given day you probably can’t tell if they’re moving you in the right direction. My proposition is that if you study people who succeed, you will see that most of them follow systems, not goals.
In the exercise realm, running a marathon in under four hours is a goal, but exercising daily is a system. In business, making a million dollars is a goal, but being a serial entrepreneur is a system.
Warren Buffett’s system for investing involves buying undervalued companies and holding them forever, or at least until something major changes.
One of my systems involves continually looking for patterns in life.
“If you want success, figure out the price, then pay it.”
Manage your Energy not Time
Maximizing my personal energy means eating right, exercising, avoiding unnecessary stress, getting enough sleep, and all of the obvious steps. But it also means having something in my life that makes me excited to wake up.
My proposition is that organizing your life to optimize your personal energy will add up to something incredible that is more good than bad.
Simplification frees up energy, making everything else you do just a little bit easier
Exercise, food, and sleep should be your first buttons to push if you’re trying to elevate your attitude and raise your energy
increasing your ratio of happy thoughts to disturbing thoughts
working on projects that have a real chance of changing the world, helping humanity, and/or making a billion dollars.
“Success at anything has a spillover effect on other things”
The Success Formula: Every Skill You Acquire Doubles Your Odds of Success merely good —not extraordinary—at more than one skill.
It helps to see the world as math and not magic, success is a numbers game the more trys the more chances for success.
  • Skills worth learning:
  • Public speaking
  • Psychology
  • Business writing
  • Accounting Design (the basics)
  • Conversation
  • Overcoming shyness
  • Second language
  • Golf (one of the best ways to network with powerful people “The thing that golf does well is that it allows males, especially, to bond.”)
  • Proper grammar
  • Persuasion
  • Technology (hobby level)
  • Proper voice technique
What are common traits in successful people?
  • Lack of fear of embarrassment
  • Education (the right kind)
  • Exercise
People who enjoy humor are simply more attractive than people who don’t.
Affirmations: 
 
Affirmations are simply the practice of repeating to yourself what you want to achieve while imagining the outcome you want.
You can write it, speak it, or just think it in sentence form. The typical form of an affirmation would be “I, Scott Adams, will become an astronaut.” The details of affirmations probably don’t matter much because the process is about improving your focus, not summoning magic.
Luck
The biggest component of luck is timing.
But I did make it easier for luck to find me, and I was thoroughly prepared when it did
Luck won’t give you a strategy or a system—you have to do that part yourself.
I find it helpful to see the world as a slot machine that doesn’t ask you to put money in. All it asks is your time, focus, and energy to pull the handle over and over.
If your gut feeling (intuition) disagrees with the experts, take that seriously. You might be experiencing some pattern recognition that you can’t yet verbalize.
Happiness:
The only reasonable goal in life is maximizing your total lifetime experience of something called happiness.
I’ve transformed work into pleasure simply by having control over when I do it.
Happiness has more to do with where you’re heading than where you are
When you choose a career, consider whether it will lead to a lifetime of ever-improved performance, a plateau, or a steady decline in your skills.
Never waste a brain cell in the morning trying to figure out what to do, always have the day planed out in advance. Have Routines that you follow.
Recapping the happiness formula: Eat right. Exercise. Get enough sleep. Imagine an incredible future (even if you don’t believe it). Work toward a flexible schedule. Do things you can steadily improve at. Help others (if you’ve already helped yourself). Reduce daily decisions to routine.
Focus on your diet first and get that right so you have enough energy to want to exercise. Exercise will further improve your energy, and that in turn will make you more productive, more creative, more positive, more socially desirable, and more able to handle life’s little bumps. Once you optimize your personal energy, all you need for success is luck.
You can’t directly control luck, but you can move from strategies with bad odds to strategies with good odds. For example, learning multiple skills makes your odds of success dramatically higher than learning one skill. If you learn to control your ego, you can pick strategies that scare off the people who fear embarrassment, thus allowing you to compete against a smaller field. And if you stay in the game long enough, luck has a better chance of finding you. Avoid career traps such as pursuing jobs that require you to sell your limited supply of time while preparing you for nothing better.
Happiness tends to happen naturally whenever you have good health, resources, and a flexible schedule. Get your health right first, acquire resources and new skills through hard work, and look for an opportunity that gives you a flexible schedule someday.
Develop a habit of simplifying. Learn how to make small talk with strangers, and learn how to avoid being an asshole
If you control the inputs, you can determine the outcomes, give or take some luck.
Look for patterns in every part of life, from diet to exercise to any component of success. Try to find scientific backing for your observed patterns, and use yourself as a laboratory to see if the patterns hold for you.
Most important, understand that goals are for losers and systems are for winners. People who seem to have good luck are often the people who have a system that allows luck to find them.
And always remember that failure is your friend. It is the raw material of success. Invite it in. Learn from it. And don’t let it leave until you pick its pocket. That’s a system.

The Importance of Experimenting

One thing seems to be common in every successful person is the willingness to experiment and try new ways, even try things that have never been done before.

Taking risks is often associated with experimenting but the fact is most succesful people take calculated risk, rarely do they put everything on the line. The best risks are the risks where there limited downside but unlimited upside keep that in mind. Successful people calculate what that limited downside is (losing x Dollars, wasting x amount of Time, …) and then either go all in or stay away.

Often we fear embarrassment much more than losing some money or time keep that in mind. We act of fail to act in order to protect our Ego, when we see something as potentially damaging our reputation we automatically disregard it. There is no way around it every successful person that made it big risked to get laughed at (and most did) it’s a price worth paying.

Here are some of the most important points to keep in mind about experiments:

  • Dont run the experiment for too short nor for too long, 3 Months is a good time frame. It is long enough to establish a new habit (it takes about 67 days)  but short enough to not waste your time.
  • Have a plan. Write out the important steps you need to take.
  • Pin point possible failure-points. Identify the obstacles that you will face. And make a strategy on how to get around them.
  • Find a way to measure your progress. You need to know if your effort bares fruits.
  • Get other people involved, it helps to bounce around ideas with other people.
  • There is no failed experiment you only fail when you don’t learn anything from it.
  • Be aware of the fact that most experiments fail, and that there is nothing bad about it.
  • Make sure that you stay in the game after you failed. Dont make bets that are so huge that you are out of the game, be sure that even when you fail you have the capacity to try again.
  • Dont stick to it for too long, we often fall in love with a business idea and don’t want to let it go, this will cost you a lot of time. Keep your Ego in check, don’t be afraid to quit something that does not work ( read The Dip by Seth Godin on that).
  • Seek honest Feedback and be humble enough to take it. You need to build trust for people to give you their honest opinion.
  • You can experiment in every area of life and don’t just stick to something because it worked in the past or because it is comfortable.

Lessons from Jim Rohn: My Philosophy for Successful Living

Jim Rohn is a Personal Development legend, from which I and millions of others have learned a lot. Here I will share some of the lessons I learned by consuming his materials. I highly recommend listening to some of his programs on YouTube just type in his name it will be worth your time. I found this talk to be the best.

From the book “My Philosophy for Successful Living“:
  • You will be paid for what you bring to the marketplace, and number two you get paid for what you become. It is all about bringing the right goods to the marketplace.
  • “Formal education gets you a job, but self-education is what makes you rich!”
  • “If you work hard on your job, you make a living. If you work hard on yourself, you can make a fortune. Invest in yourself, invest in your own self-education and then take that knowledge and use it to help others get what they want and need out of life. In the process, you will acquire power and financial freedom for yourself.”
  • “Success is something that you attract by becoming an attractive person.”
  • Invest your money and spend what is left
  • Next take the time to learn the skill of communication. Becoming a skilled communicator is one of the single best investments you can make in yourself.
  • “Wages will make you a living, but profits will make you a fortune.”
  • Have a guidance system of things that you will and will not do, people you will associate with and that you will not associate with…
  • You simply can’t experience everything recognize the experiences, the successes and failures of others can help you achieve what you want in life.
  • What really matters in Life:
    1. To be productive.
    2. To value relationships
    3. Build an inner circle of people
    4. Plant the Seeds for the future, invest in your future.
  • “You’re the only problem you’ll ever have and you’re the only solution you will ever have”

 

 

 

 

 

Suvivorship Bias

We for the most part only the Winners but not the much greater amount of losers who did not win. 

This is called survivorship Bias, the tendency to only see the survivors but not the ones that failed. What follows this bias is a the believe that success comes easy or is a result of pure talent. We fail to see all the people who tried but did not succeed, often with a similar amount of talent.

We see someone successful and start to believe that we could do it too since he did it, but what does not cross our mind are those thousands and thousand wo didn’t make it.

The only read antidote against this fallacy is to look at real evidence. Where we can clearly see how many people tried and failed. Then we get the point that for each Zuckerberg there are millions of promising entrepreneurs who failed.

The road to success is littered with failures from which we can learn a lot, but we first have to acknowledge that it is almost never as easy or as forseeable as it seems. +

We also tend to overestimate our ability which makes us believe in our superiority over others. Before we make such a claim we have to look for factual evidence for why we are special and an exception to the rule. Look at your past how right your  were at estimating your true ability in the face of a challenge. The best way to actually know our abilities is by getting honest feedback from an other person, then we have to take that critic to heart.

Never forget: In the media we only see the ones that made it, but not the ones that failed miserably. Keep in mind and look for real evidence before you estimate your ability to do the same.

Mindset by Carol Dweck

Notes from the book Mindset by Carol Deck

The main idea is that there are two Mindsets in which all of as think about our abilities:
Fixed Mindset:
“A fixed mindset comes from the belief that your qualities are carved in stone – who you are is who you are, period. Characteristics such as intelligence, personality, and creativity are fixed traits, rather than something that can be developed.”
Having a fixed mindset creates an urgency to prove yourself over and over – criticism is seen as an attack on your character, and to be avoided. Having a growth mindset encourages learning and effort. lurking behind that self-esteem of the fixed mindset is a simple question: If you’re somebody when you’re successful, what are you when you’re unsuccessful?
People with that mindset choose a career and stick with it for the rest of their life. Or why  we start something and stop after the first setback, instead of embracing the process. Instead of seeing that life is as constant learning process they see it as fixed forever.
Also the school system in the western world is build on that mindset, thinking that grades determine our success for the rest of our life. Thinking that you can teach everyone the same way and accept an even playing field, instead of considering that people learn in different ways and in different speeds. 
“Everyone is a genius. But if you judge a fish by its ability to climb a tree it will live its whole life believing that its stupid” -Einstein
Growth Mindset:
“A growth mindset comes from the belief that your basic qualities are things you can cultivate through effort. Yes, people differ greatly – in aptitude, talents, interests, or temperaments – but everyone can change and grow through application and experience.
Your mindset likely varies from area to area. Your views may be different for artistic talent, intelligence, personality, or creativity.”
People with that mindset see live as a never ending road to mastery that we will never really reach and are fine with that. They have a student mindset. They know that they will get better and things that is why they constantly try new things and aren’t afraid to fail since failure is another opportunity to grow and learn. 
Conclusion:

People rise to the top because they keep working on themselves and don’t believe that their abilities are carved in stone – we can improve we see it over and over again.We will experience more failures that way because you are constantly trying and learning new things but failure in  necessary to succeed.

To change a mindset that was there for our whole life is very difficult. We have to see the evidence around for us to change that, look at successful people at the top of your field. Were they always world-class at what are doing today? Did the teachers see them as geniuses when they were young? For the most part their abilities improved over time. Yes we have certain limit at how good we be at doing certain things but it’s almost never as low as we think and by trying to improve something at least we will become as good as we possibly be.

The biggest problem is that the system strongly believe in the Fixed Mindset, it gets imprinted into our head at a really young age, we think that our ability to be good at math is fixed. If we suck we will suck forever. This thinking makes growing impossible, there is no reason to read a book about math since we wont get any better anyway.

Buy the book?

Manage Your Day-to-Day, 99U Book Series Summary

BUILDING A ROCK-SOLID ROUTINE
Laying the Groundwork for an Effective Routine by Mark McGuinness Focus on great work before everything else. Do your most meaningful creative work at the beginning of your day, and leave “reactive work”—like responding to e-mail or other messages—for later. Follow the building blocks of a great daily routine:
1) Start with the rhythm of your energy levels. If you work better in the morning, dedicate this time to your most important work.
2) Establish “associative triggers”—such as listening to the same music or arranging your desk in a certain way—that tell your mind it’s time to get down to work.
3) Manage to-do list creep by limiting your to-dos to what you can fit on a post-it note.
4) Capture every commitment that you make somewhere that you’ll see it.
5) Establish hard edges in your day i.e. When do you start and finish your workday?
Harnessing the Power of Frequency by Gretchen Rubin
Commit to working on your project at consistent intervals—ideally every day—to build creative muscle and momentum over time. Frequency makes starting on a task each day easier, keeps ideas fresh, keeps the pressure off and sparks creativity. Making steady progress towards a goal is the best way to sustain productivity. Don’t wait for your mood to be right, show up for work each day regardless of how you feel.
Q&A: Honing Your Creative Practice with Seth Godin
The best way to create a daily routine is to have a practice which means regularly and reliably doing the work in a habitual way. One of the reasons our short-term routines can not align with long-term goals comes down to fear. People fear putting themselves out there and instead practice self-sabotage. They are afraid of being a fraud and don’t position themselves as experts because putting yourself out there opens you up for criticism.
Building Renewal into Your Workday by Tony Schwartz
Move rhythmically between spending and renewing your energy by working in ninety-minute bursts and then taking a break. Make sure you get enough sleep at night. With lower energy it’s easy to prioritise smaller, easier to complete tasks to make it feel like you’re being productive. This is like having a sugar high. Instead, spend the first part of your day working on your most important or difficult task that is going to contribute to your long-term goals.
Making Room for Solitude by Leo Babauta
Make a point of spending some time alone each day. It’s a way to observe unproductive habits and thought processes, and to calm your mind. Doing this allows you to work out what really matters and unlock your creative voice. Block out some time early in the morning when others are asleep or get into the office early. Incorporate some meditation into your day. This allows you to better control your thoughts on not get distracted by them.
 
FINDING FOCUS IN A DISTRACTED WORLD
Scheduling in Time for Creative Thinking by Cal Newport. Block out time for creative thinking or a specific task and defend it. Respect those blocks of time as you would any client meeting. Start with a smaller amount of time if you need to and work up. It’s also a good idea to use a different environment for this creative thinking. I go further into this here.
Banishing Multitaksing from Our Repertoire by Christian Jarrett
Studies show that the only time you can effectively multitask is when you’re doing automatic tasks like walking. For activities that require conscious attention, there’s only task-switching. Kill the background noise; turn off your phone, e-mail, and any apps unrelated to your task. Even the presence of background activity (and temptation) can drain your focus. Even if you’re not using the Internet, because it’s there it requires willpower to ignore it, which reduces our mental power. i.e. Ignoring distractions isn’t enough, we have to remove them. Tackle the projects that require “hard focus” early in your day. Our Willpower to do the hard stuff is the highest in the morning. More about Willpower here.
Q&A: Understanding Our Compulsions with Dan Ariely
Often we make bad decisions unintentionally. For example, most people get into work and check email first thing to make it seem like they’re doing work. Email is so tempting because we can literally push the refresh button and often something exciting will come up. Instead of opening your email first thing, leave it until later. If it’s open and you see an email come in, it’s going to be very hard to ignore. One way of combatting our compulsions is to make progress visible. With email it’s easy because you can see all of the replies. But with problem solving you may be thinking for 30 hours before the idea hits you and it doesn’t feel like progress. Marking progress is a huge motivator for long-term projects. Make your daily achievements visible by saving iterations, posting milestones, or keeping a daily journal.
Learning to Create Amidst Chaos by Erin Rooney Doland
Use positive distractions to help you ignore the negative distractions (e.g. Social media or email). For example, race the clock to see how quickly you can do a task or reward yourself with 3 minutes social media time as a reward for focused work. Practice strengthening your willpower to help you ignore negative distractions. Your concentration levels and the amount of time we can focus for weakens throughout the da. Give your brain a break. Alternate challenging creative work with more “mindless” tasks to give your brain time to rest and refuel.
Tuning In to You by Scott Belsky
These day, when a meeting, movie or lecture comes to an end we immediately check in to social channels to see what’s going on. Take a break from checking your smartphone during transitional moments, and open yourself up to opportunity and serendipity. Take the time to see how you’re feeling, be in the present and chat to someone you don’t know.
TAMING YOUR TOOLS
Making E-mail Matter by Aaron Dignan
The average office worker now spends approximately 28% of their time sorting, responding to and sending email. No matter what kind of work you do, chances are you spend too much time in your Inbox. Keep your long-term goals in view by posting your complex, long-term goals by your workstation to keep them top of mind when prioritising your tasks. Then connect the dots between the emails you receive and the goals you’ve set. Let go of anything that doesn’t advance you towards these goals. Be conscious of your own bandwidth and practice letting go of certain e-mail and social media conversations. There will always be more opportunities than you actually can take on.
Using Social Media Mindfully by Lori Deschene
Be mindful when logging on to social media by clarifying your intention. Being mindful allows you to engage authentically and reduces our dependency on the connection which can otherwise limit our effectiveness and ability to be present. Part of being mindful with social media is using it consciously vs compulsively.
Q&A: Reconsidering Constant Connectivity with Tiffany Shlain
Be sure to take a technology break every now and then (aim for once a week). Make a ritual of unplugging on a regular basis. Turning everything off is like hitting the “reset” button on your mind—it gives you a fresh start. Don’t take technology into the bedroom. Sending emails right before bed or as soon as you wake up isn’t healthy. It doesn’t set you up well for sleep or for your day.
Awakening to Conscious Computing by Linda Stone
“Information overload”? More like “information over consumption”. In most areas of our lives we’ve learned how to filter and select. But in the digital sense, we’re still very inexperienced. It’s time to open up to the idea of conscious computing. Studies have shown that by many people actually hold their breath or breath very shallowly when sitting in front of a screen. This lack of oxygen contributes to many stress related diseases. The body becomes acidic, the kidneys begin to reabsorb sodium and the imbalance of oxygen and carbon dioxide throws off our biochemistry. This all leads to poorer quality focus and decision making.
Reclaiming Our Self-Respect by James Victor
It’s now quite common to be expected to work at home, after hours and eve on vacation. People expect their emails and phone calls to be responded to immediately. This has lead to the problem that we cannot make a distinction between urgent and important. Everything is now urgent. It’s often easier to do the trivial things that are urgent vs. the important and more difficult things. This results in us spending more time on other peoples goals than our own. A healthier  relationship with your devices is to take ownership of your time and invest in your own life. Don’t trust technology over your own instincts and imagination. Doing busywork is easy; doing your best work is hard. You have a choice in where to direct your attention. Choose wisely. The world will wait. And if it’s important, they’ll call back.
SHARPENING YOUR CREATIVE MIND
Creating for You and You Alone by Todd Henry
Most of the time, creatives are asked to produce a creative outcome for a client that is being paid for. Remember that it’s important to take time to create for yourself as well. Block out some time each week to pursue unnecessary creative projects that enhance your skills and allow you to take risks. Without these risks you can’t push your boundaries and hone your skills (which can later be applied to on-demand creating).
Training Your Mind to be Ready for Insight by Scott McDowell
As a beginning it’s easy to think you can beat, pummel and thrash an idea into existence. In reality this isn’t the case. So what do you do when you need to be creative but creativity isn’t coming? The most successful creative minds consistently lay the ground word for ideas to germinate and evolve. They are always refine their personal approach to hijacking the brains neural pathways, developing a tool kit of tricks to spark creativity. Often when working on a tricky problem, often the solution is to become disengaged with the problem. For example going for a walk to take a time out. If you’re always working, you don’t allow time for new ideas to come to fruition. Down time it key for letting this happen. Creating limitations can also be an effective route forward. Whether these come from a client or yourself, they can help give parameters to your creativity.
Q&A: Tricking Your Brain into Creativity with Stefan Sagmeister
This Q& A with Stefan Sagmeister focuses brain hacks that can be used to lead us to aha moments and why it’s important to map creative projects into your daily schedule. The first tip is to start with the difficult tasks first thing in the morning. It’s hard to later refocus and convince yourself to do something hard if you’ve started with the easy things like email. Secondly, your brain naturally wants to think in repetition as it’s easy. This means it’s harder to find new ideas as your brain uses these shortcuts. Try thinking of a problem from a different perspective in order to trick your brain into breaking this repetition and spark creativity. Start with an endpoint that has nothing to do with the project. It’s important to carve out time in your schedule to work on your own. Don’t touch this time, for example, block out Friday’s and if anyone asks for a meeting on Friday at 10am you can suggest an alternative. Be precious and protect these clocks of time.
Letting Go of Perfectionism by Elizabeth Grace Saunders
As a perfectionist, if you achieve the perfect outcome you’re looking for, you feel on top of the world. On the flip side, if you fall even just a little bit short perfect you are crushed. An overemphasis on perfection can lead to an enormous amount of stress which can make you hesitant about taking on new projects, or even worse you abandon creative pursuits due to the physical, mental and emotional stress it brings. Ironically, perfectionism can inhibit your ability to reach your full potential. The trick to overcoming this is to recognise that there’s no perfect time to start a new project instead of waiting for the ideal moment. Instead of sweating over every detail, recognise the amount of time that’s been allocated to a project and the steps involved for completion and evenly divide your time between these steps. At the even bear in mind that you are doing your best with the time given vs. spending an eternity going back trying to improve each element again until perfect. By taking the less-than-perfect approach you’re able to do more and far better work than taking a perfectionist approach that may mean you do nothing at all.
Getting Unstuck by by Mark McGuinness
When you get stuck and are suffering from a creative block, just remember that it happens to the pros all the time and try and think about what’s causing the problem. The most common problems are: 1) Inspiration drought. This can be solved by taking a break for a while and letting your subconscious find the answer. 2) Emotional barriers. Give yourself permission to write, draw or express what you like, without worrying about peoples opinions. Once you have the first draft done you can refine your work. 3) Mixed motivations. Once the deal is done, put all motivations out of your head and focus on nothing but the work. 4) Personal problems. Use your work as refuge and give yourself credit for showing up and doing some work, even if it’s just a small amount. 5) Poverty. Set yourself the creative challenge of doing the most with what you have; whether that’s time, energy or money. 6) Presentation problems. This is where creativity blends with communication. You need to be able to communicate your ideas, so beef up your presentation skills.

Why we all should think like an Investor

You don’t have to be invested in the stock market to be a Investor. In fact here is the definition of a Investor:

To put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciationin value.

To use, give, or devote (time, talent, etc.), as for a purpose or to achieve something.

That means that everyone who tries to allocate his resources in a smart way is an Investor by definition . This is was the “Investor Mentality” is, the awareness that you are an Investor with the goal of using your resources as efficiently as possible. Resource could be your time, energy, money or talent …

You only have to keep in mind one simple formula for making your investment decisions:

Ask yourself: Is the Value I personally get from this product higher than the Price I pay for it?

Value > Price = Yes, then do it! / No, its not the best use of my money!

“Price is what you Pay, Value is what you get” Charlie Munger

If the answer is no, it’s not the best deal. You don’t necessary  have to think only in term of money on in energy or time. The value you place on something is of course subjective, things have different value for different people, that is why a great investment for one person would be terrible for the next one.

The best example for that are books, books cost on average 30$ but have the  potential to make you millions over your lifetime. Therefor even a book that looks expensive to most people can be an absolute bargain (granted that the book is a good one). With that simple formula in mind you can make much better decisions.

 

 

 

 

Future vs Present Time Perspective

There are actually three Time Perspectives; Future, Present and Past Time Perspective.  Lets go through them:

Past Time Perspective = The only time you want to think about the past is to either learn from your mistakes or to think about pleasant experiences. Try to minimize the thinking about the past in a negative way.

Present Time Perspective = Living in the moment is necessary  to get the most out of the moment. You have to be in the moment to create your future.

Future Time Perspective = Absolutely essential for success, the long term thinking and preparation for the future. This is what makes pupils successful in school, only with a Future Time Perspective you can study for hours instead of playing outside. The amount of time you spend preparing for the future is the biggest indicator of how successful someone will be.

 

In short:

  • Minimize thinking negative about the past.
  • Prepare for the future, spend a set amount of time reading, learning and planing for tomorrow.
  • The rest of the time spend in the Now because it’s the only thing we will ever have. Don’t just prepare but execute and go into action.

“Invert always Invert” Charlie Munger

I learned this lesson from Charlie Munger’s book Poor Charlies Almanack and I used regularly ever since.

 

It’s quiet straight forward, instead of thinking forwards think backwards. Turn the question around and ask the opposite!

  • For instance instead of asking what you are good at begin by clarifying what your bad at.
  • Instead of asking what your website should look like begin by asking what it  defiantly should not look like and then work from there.
  • Instead of asking what business you want to start ask what business you don’t want to start.
  • Instead of asking what you weaknesses are find out what your biggest  strengths are and build your foundation on them.
  • Instead of asking yourself what you look for in a partner, ask what you absolutely don’t want. …

 

This simple method will help you greatly when there are a lot of options to choose from! You can use it pretty much in every area of life.