Common Sense and Success

Created

Common Sense

An approach to problem solving with no formulaic approach.

Perfect is the enemy of good

The approach

Often the challenge is figuring out the problem that you need to solve. However, the why is just as important as the what.

  • Develop a curiosity to understand the situation

Success

Success is all about expectations and less about external evaluations and rewards.

Live your life in reverse

Career and Life Trajectories

  • The Other Wes Moore by Wes Moore. Follows two people who started off in a similar position and how a few, random decisions changed their life.

The Calculus of Success

Preparation + Opportunity = Success

  • Preparation = innate ability + hard work
  • Opportunity = luck + the ability to recognize good luck when it comes your way.

"Chance favors the prepared mind" - Louis Pasteur

"The harder I work, the luckier I get" - Mike Bloomberg

Successful People

  • Often have a consistent record of success and growth from life to death.
  • However, successful people can have the opposite: serial 'failures' (bad luck) followed by a major success.
  • Success in spite of adverse environmental constraints, bad luck, poor health, etc.
  • People don't change after the age of ??, except if they become senile.

The world does not lack intelligence and talent.

Life

Part of life is...

  • 'showing up'
  • being prepared
  • figuring out what is and is not important
  • being a curious contrarian
  • being 'lucky' and 'unlucky'
  • building relationships with others
  • enjoying the ride

Happiness can consist of

  • family
  • friends
  • career
  • wealth
  • hobbies, leisure activities

NFT

Non-fungible Tokens are unique, and can't be replaced with anything else.

People tend to bid higher for what they are worth because of the desire to win.