Readwise Highlights
Imported tag from Readwise
Readwise Highlights
Imported tag from Readwise
The 2x Rule works like this: Anytime I want to splurge on something, I have to take the same amount of money and invest it as well. So, if I wanted to buy a $400 pair of dress shoes, I would also have to buy $400 worth of stocks (or other income-producing assets). This makes me re-evaluate how much I really want something because if I am not
... See moreThere are fill-in-the-blank labels that can be used in nearly every situation to extract information from your counterpart, or defuse an accusation: It seems like _________ is valuable to you. It seems like you don’t like _________. It seems like you value __________. It seems like _________ makes it easier. It seems like you’re reluctant to
... See moreDS: Here’s my simple framework for judging ideas:
Potential: If it worked, how big could it be?
Probability: What are the chances it’ll work?
Proximity: How close is this to things I care about, know about, or am passionate about?
The weights will be different based on your situation. For example, early in my career, “probability” was important. I
... See moreA feeling is an idea that hasn’t been articulated yet, whereas an idea is more like the receipt that comes out of the cash register of the thinking process.
Fund the life you need before you risk it for the life you want.
You can learn almost everything you need—and a lot more than other people would like you to know—simply by watching and listening, keeping your eyes peeled and your ears open, and your mouth shut.
you’re ever stuck, find your own “in case of emergency” questions. Here are some examples: Listening to you, I can see you work hard. I have to pause and ask: what’s your motivation? Before we continue, I want to check in: how is this interview going for you? I hate to switch gears, but with so little time together, I have to ask you about … And if
... See moreYour warm-up should also include a strategic element. What is your game plan today on a strategic side?