Success Tag Archive

Make money first and learn to be happy later

(Excerpt from The Almanack of Ravikant) Money buys you freedom in the material world. It’s not going to make you happy, it’s not going to solve your health problems, it’s not going to make your family great,...

December 29, 2020| Life, Success Read More

Money is a means to freedom and there are 3 ways to achieve it

(Excerpt from The Almanack of Ravikant) I learned how to make money because it was a necessity. After it stopped being a necessity, I stopped caring about it. At least for me, work was a means to an end. Making money...

December 29, 2020| Life, Success Read More

Play the wealth game and not the status game

(Excerpt from The Almanack of Ravikant) Wealth creation is an evolutionarily recent positive-sum game. Status is an old zero-sum game. Those attacking wealth creation are often just seeking status. … Status...

December 29, 2020| Ego, Life, Success Read More

Do things for their own sake

(Excerpt from The Almanack of Ravikant) I only really want to do things for their own sake. That is one definition of art. Whether it’s business, exercise, romance, friendship, whatever, I think the meaning of life is...

December 29, 2020| Life, Success Read More

Super successful individuals are cases of extreme luck

(Excerpt from The Psychology of Money by Morgan Housel) …focus less on specific individuals and case studies and more on broad patterns. Studying a specific person can be dangerous because we tend to...

September 26, 2020| Luck, Randomness, Success, Survivorship Bias Read More

Making a life choice is a bet on a future version of us

(Excerpt from Thinking In Bets by Annie Duke) In most of our decisions, we are not betting against another person. Rather, we are betting against all the future versions of ourselves that we are not choosing. …...

August 16, 2020| Life, Luck, Optionality, Path Dependence, Randomness, Success Read More

Optimism is a necessary ingredient to progress when the odds are against you

(Excerpt from Same As It Ever Was by Morgan Housel) We tell ourselves stories about our potential for progress because if we’re realistic about how common failure and pain is, we’d never get off the couch. Few would...

August 2, 2020| Overconfidence Bias, Success Read More

Some people see the thing that they want, and some people see the thing that prevents them from getting the thing that they want

(Excerpt from Simon Sinek’s speech, transcript by Goalcast) There were some free bagels and they had picnic tables set up. On one side was a group of volunteers. On the table were boxes of bagels and on the other...

July 13, 2020| Success Read More

Hard work is not a panacea

(Excerpt from The Star Principle by Richard Koch) … nearly all successful entrepreneurs stress the importance of hard work. But so do 95 per cent or more of all executives, successful or unsuccessful,...

February 18, 2020| Life Read More

How to figure out what to do in life and business?

(Extracted from Atomic Habits by James Clear) At some point, you need to make sure you’re playing the right game for your skillset. How do you figure that out? The most common approach is trial and error. Of...

October 27, 2019| Life, Strategy Read More

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