Shane Parish: “The person who is consistent outperforms the person who is intermittent every time. While inconsistent effort works for some things, for the things that really matter you need to be consistent. If you want to be consistent, you need strategies to keep you going when things are hard. The key to doing something you know you should do when you don’t feel like doing it is telling yourself that you can quit tomorrow but not today.”
David Henderson: “A number of people who are against high taxes believe, at the same time, in substantial tariffs on goods from other countries. Here’s the problem: a tariff is a tax, a tax on imports. Americans and producers in that country share the burden of the tax. And tariffs, like all other taxes, distort people’s decisions in ways that reduce wealth.”
The Generalist on wisdom from Sam Bankman-Fried: “Recognize your responsibility. A CEO’s job is simple: to make sure good things happen for their business. To do that, you may have to step in to handle a particularly challenging task and drive it toward the desired outcome. Simply delegating a project to someone is not enough – your responsibility only ends when the job is done. Beware of hiring the “right” people. You may feel pressured to hire candidates with the “right” CV. Doing so often backfires. This can be particularly costly when it comes to senior positions. You may think it’s the smart move to bring aboard a CRO with decades of experience, but they may not have the hunger to grind at a growing company. Prioritize the ability to learn over experience when picking new teammates. Understand your competition. Maintaining competitive awareness is important. Rather than taking a zero-sum perspective, try and understand why your rivals make the choices they do – and track the results over time. You’ll learn how your decision-making stacks up and whether you need to update your mental models for the space in which you operate.”
Read: Marple: Twelve New Stories.
