Donnerstag, 14. Februar 2019

Sources of competitive advantage

 Great: https://twitter.com/farnamstreet/status/1090810681383780352

Sources of personal competitive advantage: [my comments]

  • Delayed gratification
  • Capital [being needless]
  • Network (who you know) [Build up over time and by being consistent]
  • Unique skills or combinations
  • Ability to suffer

  • family / home life [providing the stable base for self-esteem, self-value, self-picture]
  • Ability to change your mind [openness / willingness]
  • Ability to learn/adapt [openness / willingness]
  • Ability to persuade others
  • Ability to look stupid [Willingness]
  • Focus
  • Ability to say no [more "willingness"]
  • A good partner
  • Curiosity [That one I would put on top]
  • Perseverance
  • Optimism
  • Discipline
  • Good nutrition
  • Health
I would add:
  • Consinstency
  • ASICS

Mittwoch, 9. Januar 2019

Book "Strategy beyond the hockey stick"

  • In strategy presentations, it seems that everyone is a winner. All the time.
  • The strategy process is a ritual dance before you get to what really matters: The annual budget
  • Good performance is attributed to superior management, and bad performance is blamed on market conditions
  • Ed Catmull at Pixar was very deliberate about how to allow for noble failures. He labeled some projects as being "experimental", not aimed at theatrical release, to encourage people to try riskier ideas. He also funded some ideas considered to be "unlikely".

Freitag, 14. Dezember 2018

Seinfeld Strategie

https://jamesclear.com/stop-procrastinating-seinfeld-strategy




He said the way to be a better comic was to create better jokes and the way to create better jokes was to write every day.
He told me to get a big wall calendar that has a whole year on one page and hang it on a prominent wall. The next step was to get a big red magic marker. He said for each day that I do my task of writing, I get to put a big red X over that day.
“After a few days you'll have a chain. Just keep at it and the chain will grow longer every day. You'll like seeing that chain, especially when you get a few weeks under your belt. Your only job is to not break the chain.”
You'll notice that Seinfeld didn't say a single thing about results.
It didn’t matter if he was motivated or not. It didn’t matter if he was writing great jokes or not. It didn't matter if what he was working on would ever make it into a show. All that mattered was “not breaking the chain.”
And that's one of the simple secrets behind Seinfeld's remarkable productivity and consistency. For years, the comedian simply focused on “not breaking the chain.”

Montag, 12. November 2018

Consistency compounds

If it takes 2 minutes or less, just do it now. Dont put it off.

30 years training to create in 30 seconds

As the story goes, Picasso was walking though the market one day when a woman spotted him. She stopped the artist, pulled out a piece of paper and said, “Mr. Picasso, I am a fan of your work. Please, could you do a little drawing for me?”
Picasso smiled and quickly drew a small, but beautiful piece of art on the paper. Then, he handed the paper back to her saying, “That will be one million dollars.”
“But Mr. Picasso,” the woman said. “It only took you thirty seconds to draw this little masterpiece.”
“My good woman,” Picasso said, “It took me thirty years to draw that masterpiece in thirty seconds.”
 
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In any creative endeavor you have to give yourself permission to create junk. There is no way around it. Sometimes you have to write 4 terrible pages just to discover that you wrote one good sentence in the second paragraph of the third page.
Creating something useful and compelling is like being a gold miner. You have to sift through pounds of dirt and rock and silt just to find a speck of gold in the middle of it all. Bits and pieces of genius will find their way to you, if you give yourself permission to let the muse flow.
 
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Inspiration is for amateurs. The rest of us just show up and get to work.
—Chuck Close
Amateurs create when they feel inspired. Professionals create on a schedule.
Finish something. Anything. Stop researching, planning, and preparing to do the work and just do the work. It doesn't matter how good or how bad it is. You don't need to set the world on fire with your first try. You just need to prove to yourself that you have what it takes to produce something.
There are no artists, athletes, entrepreneurs, or scientists who became great by half-finishing their work. Stop debating what you should make and just make something.

Practice Self-Compassion

Everyone struggles to create great art. Even great artists.
When I write, I feel like an armless legless man with a crayon in my mouth.
—Kurt Vonnegut

Share Your Work

Share your work publicly. It will hold you accountable to creating your best work. It will provide feedback for doing better work. And when you see others connect with what you create, it will inspire you and make you care more.
 

How to Find Your Creative Genius

Finding your creative genius is easy: do the work, finish something, get feedback, find ways to improve, show up again tomorrow. Repeat for ten years. Or twenty. Or thirty.
Inspiration only reveals itself after perspiration.