Post #77: How Will You Measure Your Life?
HOW WILL YOU MEASURE YOUR LIFE?
Notes from the book by Clayton Christensen. Let me know if you want me to elaborate on any of these points - they’re concise.
Part 1 - Business
- Just because you have feathers, doesn’t mean you can fly.
- What makes us tick? Having hygienic factors covered and motivators set.
- Deliberate plans vs emergent alternatives – have a plan, but be open to change.
- Elucidate all assumptions – test each one in the quickest, cheapest way possible.
- Be thoughtful of resource allocation.
- When taking a job, make sure the company can execute on what’s promised. Do they have a partner/partnerships in that field? Do they have systems/processes set or plans in development in what you’re interested in?
- Write out the person you want to be and the strategies, necessary experiences, and belief systems that person has. Make every decision based on that to become her.
Part 2 - Family
- Good capital – impatient for profits, patient for growth. Don’t grow too fast.
- Plant saplings.
- Invest in specific relationships for future happiness.
- Do not sequence life investments. Invest in parallel.
- What job did you hire that milkshake for? Commute + Dads. Ikea story.
- Sacrifice deepens our commitment.
- Family is like a business.
- Do not outsource too much learning for your kids to summer camps and the like. Have them take on a job. Asus and Dell story.
- The act of accomplishing, building, or fixing something has huge rewards – self esteem. Have the kids solve deep complex problems on their own.
- What – resources to do it
How – processes to do it
Why – priorities that make her do it
- Kids have to learn to overcome challenges and develop critical processes necessary to succeed later in life.
- Kids must be fully engaged – else raise red flags.
- Children will learn when they are ready to learn, not when we’re ready to teach them.
- Conundrum with Ship of Theseus and replacing every last part with Athenian goods
- “The right stuff” – look for it from their schools of experience
- What are all the experiences and problems that I have to learn about and master so that what comes out at the other end is somebody who is ready and capable of becoming a successful CEO?
- Enroll more team players in the course ‘how to deal with pressure’.
- Stein – ‘culture is a way of working together toward common goals that have been followed so frequently and so successfully that people don’t even think about trying to do things another way. If a culture has formed, people will autonomously do what they need to do to be successful.
- Cannot just spend time communicating culture – all decisions have to be entirely in alignment with it.
- “This is the way our family behaves.”
- Kids ‘helped’ with mowing the lawn, were thanked.
- Marginal thinking is a trap. You’ll end up paying the full price anyway.
- 100% of the time is easier than 98% of the time.
- Conduct life with integrity.
I have a reflection that’s about 5 pages long single-spaced. This book was short but really thought-provoking. I highly recommend it to all (especially those in their 20s). Makes you want to make something of yourself and not toss away precious years of your life.