Tom
@tomsharp
Tom
When we shift from being a solopreneur or a self-employed person and recognize that a true entrepreneur isn't the one that does all the work, we begin to create something of significance. The word entrepreneur is very misunderstood; it is actually closer in meaning to the description of a conductor in an orchestra. The most successful entrepreneurs
... See moreDouglas Vermeeren • The 6-Minute Work Day
We also have a skewed perception of probable gains and losses: We overestimate the likelihood of unlikely things. Insurance is a profitable business because people would rather suffer a series of guaranteed small losses (premiums) than risk a single but unlikely catastrophic loss
Scott Galloway • Think Slow | No Mercy / No Malice
“We suffer more in imagination than in reality” –Seneca
"I was waiting for something extraordinary to happen, but as the years wasted on, nothing ever did unless I caused it.”
—Charles Bukowski
Kahneman’s body of work demonstrates that we are often wrong but frequently confident. These shortcuts and mistakes are present in the structure of our brains, and impossible to avoid, but recognizing them helps us discern between trivial and important decisions and invest the appropriate intellectual capital.
Scott Galloway • Think Slow | No Mercy / No Malice
Decision making and decisiveness
I have often tried to identify a guide or sherpa for different aspects of my life. Jesus and Muhammad Ali are my Yodas around social issues (love the poor, be fearless and poetic) and Peter Drucker informs my views on the economy (the purpose of an economy is to create a middle class), etc.
Scott Galloway • Think Slow | No Mercy / No Malice
When my kids are disagreeable (i.e., awful), or my partner is upset/angry, I often respond as if it’s a threat to my authority or value. I reflexively escalate and get back in their face(s). I now try to disassociate. What I mean by that: I take myself out of my “self” and see someone I care about upset. Being an observer, vs. being in the line of ... See more
Scott Galloway • Think Slow | No Mercy / No Malice
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Instead, they’re potentialities to be harnessed. If we can structure meaning and freedom into our work now, we see the Tom Sawyer Effect—work goes from being an obligation to a choice. It’s no longer something we’re obligated to do, but something we seek out.