Skip to main content

A Model of Success

Success = talent + strategy (systems) + tactics (effort) + luck.

And maybe a dash of apparent stupidity or stubbornness.

Goals are important, as they provide clarity of ideas, strength of conviction, and direction of effort. We can use our goals to decide what not to do. In physics, we distinguish between speed and velocity. The former is undirected motion, the latter is directed. Before taking on a project we need to ask, we need to be clear why we want to do it, how to do it, and what specifics would be involved (the sequence is important).

At the goal-setting stage, we need to broaden our scope. Perhaps start by asking if failure wasn't a factor, what would we like to do.

Then the expansive thinking must be followed by directed effort. This is where habits become important. Start small (what if you make it very easy in the beginning?), keep records, use a commitment device. Perfectionism is a cop-out — regular effort beats waiting for inspiration.

I do believe there is a role of mindfulness practice in keeping us motivated. Because when we fail momentarily, we need an inner source of resilience and compassion to ourselves, other wise we can get distracted from our path by a toxic loop of self-hatred and denial.

Much of talent is innate. We have a higher chance of success if we find our groove. But it's an unfortunate fact that most of us don't find a niche where we are completely suited for.
Finally, luck. People who under-appreciate the role of luck, tend to be those who are unaware of the survivorship bias. Uncertainty tends to breed anxiety, but it's unavoidable and may even have an upside.

When circumstances become tough, stubbornness may be important to ride the wave, but it's difficult to know the boundary between a doomed effort and necessary hardship. People who are really successful have had their strategy questioned by others holding conventional wisdom. Sometimes, you have to be apparently wrong to be really really right.


Comments

Popular posts from this blog

Against Perfection

Showing up matters. Often the hardest thing to do is to put in effort when we lack motivation. Everyone has off days. In those days, doing our best counts for a lot. If we want to do something everyday, say read, write, meditate, or exercise, doing less that we do usually can still be valuable. Keep the streak going. It doesn't have to be all or nothing. "Do what you can, with what you have, where you are.”— Theodore Roosevelt “The best is the enemy of the good.”— Voltaire “Quantity has a quality all its own.” — Thomas A. Callaghan Jr.

Quotes from "The Social Leap"

These are the lines from William von Hippel in his book “The Social Leap” that I found to be incisive and insightful. “The ability to kill at a distance is the single most important invention in the history of warfare, because weaker individuals can attack stronger individuals from a position of superior numbers and relative safety.” “As if division of labor were not enough, Homo erectus then sealed the deal with the single most important innovation in human history: the control of fire.” “Long before the invention of writing (which is only about five thousand years old), human culture had become cumulative by virtue of our oral storytelling traditions .” “When we weigh up the costs and benefits, we see that farming afforded our ancestors some assurances against starvation, but at the cost of various new illnesses, reduced stature and longevity, excruciating halitosis, and often a far longer working day. The end result was that early farmers worked harder to achieve a worse life than ...

Fragility of Self-fulfilling Prophecies

We learn by copying. A baby learns to talk by listening to their parents and trying to emulate their tone and the sounds they make. Even in our adulthood, we often judge our success by comparing ourselves to our peers. What we watch, what we read, what we listen to, all depend to some extent on our family members or our friends. It's no wonder that's hows bubbles form in markets. People buy certain stocks, gold, or houses, not only due to their value, but also due to simple herd behavior. And it works, some of the time. That's how asset values sometimes balloon out of proportions. But these inflations are very sensitive to outside shocks. Once the spell is broken, everyone joins a mad stampede to get out and the prices of the assets drop like a rock. This happened to the price of houses in 2008 (in the US) and the price to gold in 2011. The implication for us is to lead our lives according to predetermined principles, and minimize following our peers all the time. Otherwise...