Category: A Matter of Time
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“You’re nobody here at $10 million”
Gary Kremen, founder of Match.com with a self-estimated net worth of $10 million in 2007, logs 60- to 80-hour workweeks because he doesn’t think he has enough money. He says to the New York Times: Everyone around here looks at the people above them. It’s just like Wall Street, where there are all these financial…
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“Happy-when” people
Shane Parrish writes in Clear Thinking: Running on the hedonic treadmill only turns us into what I call “happy-when” people—those who think they’ll be happy when something happens. For example, we’ll be happy when we get the credit we deserve, or happy when we make a bit more money, or happy when we find that…
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Your creative work’s right size
In 1971, an English teacher, a writer, and a history teacher—all in their 20s—borrowed $5,000 from a bank and invested $1,350 each to start a coffee shop in Seattle. They named it Starbucks. 16 years later, an entrepreneur named Howard Schultz acquired Starbucks. The company had opened 16 more stores, on average around one per…
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A gym for reading
Yoshitaka Haba, who works as a book curator (!) and started a private library and cafe, Donkou / Kissa Fang, says: “There are lots of things I’m worried about, but the thing I’m most worried about is that the competition for our time is too intense. Right now, it’s possible to surprise, entertain, and impress…
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“That’s too bad, but nothing for me to be ashamed of”
Raymond Carver, who worked many jobs (including as a janitor, and a textbook editor), writes: I have friends who’ve told me they had to hurry a book because they needed the money, their editor or their wife was leaning on them or leaving them – something, some apology for the writing not being very good.…
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Three quotes on ordinariness
“We think that if only we get the big things right, everything will magically fall into place. If we choose to marry the right person, it’ll all be okay. If we choose the right career, we’ll be happy. If we pick the right investment, we’ll be rich. This wisdom is, at best, partially true. You…
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Positioning and patience
Maybe your positioning isn’t setting you up to be patient. There is a lot of power in focusing on the long-term. Jeff Bezos says to Wired: If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people. But if you’re willing to invest on a seven-year…
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The one line paradox
Sometimes it’s much easier to write 1,000 words on a topic than to write 10. As Mark Twain writes, “I didn’t have time to write a short letter, so I wrote a long one instead.” Or as Arnold Kling writes, “When I finish writing a book review, I will often say to myself, ‘There! Now…
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Endurance
The ability to stick it out is criminally underrated. Not only will you outlast the competition, you will also gain an experience that demonstrates your ability—and bring it to the next thing you do.
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Winning vs. not losing
There are two quotes I really liked from Shane Parrish’s Clear Thinking: “While the rest of us are chasing victory, the best in the world know they must avoid losing before they can win. It turns out this is a surprisingly effective strategy.” “If you find yourself in a hole, the first thing you need…