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Don’t attach your identity to something that’s unsustainable. Optimize for sustainability Summary: Avoid attaching your identity to something unsustainable, such as a career, relationship, or investing strategy, as it could lead to devastation when it ends. Instead, focus on sustainability and longevity in all aspects of life, including friendships, careers, investing, and habits. Prioritize maintaining activities and relationships over short-term gains, aiming to live at 80% potential to avoid burnout and ensure long-term sustainability. Transcript: Speaker 1 I think it's super dangerous in any life to attach your identity to something that's unsustainable, whether it's being a model or having a certain career, having an investing strategy, If you attach your identity to something that you cannot sustain, when it ends, you're going to be morally crushed. It's just going to destroy you. And this like back to investing, the variable that I want to maximize for is how long can I do this for? It's not, can I earn the highest returns? It's, can I maintain this investing strategy for another 50 years? And I know that I couldn't earn a higher return this year and over the next five years, if I did something different. But I'm way less confident that I could keep it going and sustain it. And I think it's the same for relationships. Like you might be able to find a more attractive or a wealthier spouse or partner. But can you keep that going? Is it something you can maintain? I'm not interested in anything that's not sustainable. Friendships, investing, careers, podcasts, reading habits, exercise habits, if I can't keep it going, I'm not interested in it. And I think the only way to really do that is if you are going out of your way to live life at like 80 to 90% potential, if you're always trying to squeeze out 100% percent potential for something, Almost certainly it's going to lead to burnout, whether it's a friendship or a relationship or an investing strategy. So I think it's not easy thing to do. And if you're a type A person, it's almost impossible to do. But going out of your way to live life at 80% has always been a strategy that I want to do just because I want to keep it going for a long time.

#702 — Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and More

The Tim Ferriss Show

Balancing Intellectual Exploration and Action • There is an anti-pattern in certain podcasts that overemphasizes intellect and underemphasizes action. • Consuming knowledge from brilliant people can be stimulating, but it may lead to overthinking and under-practicing. • It is important to balance intellectual comprehension with taking action, initiating projects, and practicing. • Encouraging agency, initiative, entrepreneurship, and proactive energy is crucial. Transcript: Speaker 1 One piece of the puzzle, I think, is that there's an anti-pattern of podcasts, especially in the game, B space and related sort of sense making intellectual philosophical spaces, Which is I'm concerned about an overdoing the intellect and an underdoing the action. You know, there's all of the people that you interview on your show. They're brilliant people. You know, and it's like, every time I can get a new episode of my favorite podcast and listen to this person and be like, wow, they're so smart. And it's really stimulating to listen to these smart people that can communicate really clearly. And the concern that I have is that people get into a habit of just consuming knowledge, just listening to more and more different people and assembling this sort of like pristine map Of how they think reality works. And maybe they start a little bit to think about how they might initiate some kind of community or some project or something that they're interested in, but still they do this thing of Like way over engineering and overthinking it and under practicing, under experimenting. And so my energy is to try and interfere with that tendency and push people more towards their agency, more towards their initiative, their entrepreneurship, their get up and do it Kind of energy.

EP51 Richard Bartlett on Self-Organizing Collaboration

The Jim Rutt Show

Create a User Manual of Yourself for Others Summary: Creating a user manual for yourself, including strengths, weaknesses, triggers, blind spots, and insights for working effectively with you, enables others to understand and collaborate with you more easily. By soliciting feedback from colleagues and using their input to enhance self-awareness, you can provide new team members with valuable insights about working with you, facilitating quicker and more effective collaboration. Transcript: Speaker 1 He said, you know, when i buy a new car, it comes with an owner's manual, so i know how to operate it. But when i work with a new person, whose way more complex than a car, i don't get anything. And so i'm kind of starting from square one, when fact, they have all these experiences that could teach me something from their past about how to work with them better in the present And the future. And so what he did, same as orschol nick, he sat down and he wrote up one pager on how to work with him effectively. What are his strength what are his weaknesses, what are the triggers that bring out the worst in him? What are the the moments that bring out in the best in him? And then he didn't stop therehe asked his team to write their user manual for him, so that he could gauge his own self awareness. And of course, he found the team's os is much more ecihtful and accurate than his own, because of the blind spot factor in part. But now every new person who works with him gets that one pager and gets to immediately start as if they'd known him for a month or two, and say, ok, you know, here are the things i might want To adapt if i want to be really affective with this nager. And so i've gone, i've gone and done that. I asked a bunch of people who worke with me to write my user manual. Andit is very simple. The questions are, what are my strengths? What brings those out? What are my weaknesses? What brings those out? What are my blind spots? And what do you know now about working with me that you wish you had known when we first started working?

#399 — Adam Grant — The Man Who Does Everything

The Tim Ferriss Show

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