How much can you grow?
"The degree to which a person can grow is directly proportional to the amount of truth he can accept about himself without running away."
- Leland Val Van De Wall
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Source: https://www.answers.com/philosophy/WHO_IS_Leland_Val_Van_de_Wall
Why do companies exist?
“I think many people assume, wrongly, that a company exists simply to make money. While this is an important result of a company’s existence, we have to go deeper and find the real reasons for our being. As we investigate this, we inevitably come to the conclusion that a group of people get together and exist as an institution that we call a company so they are able to accomplish something collectively which they could not accomplish separately. They are able to do something worthwhile — they make a contribution to society (a phrase which sounds trite but is fundamental).”
David Packard gave this response in an informal speech at the company he co-founded that wasn’t intended for publication. The year was 1960.
It’s a question worth revisiting now more than ever, As we rush to embrace new tech, intoxicated on its potential to transform business on multiple levels — to impact more people, in more ways, in more places, at a faster pace than ever before, we cannot underestimate the importance of discipline — the discipline of organizations to commit to cultivating good corporate character, defined by clear values, and to acting according to those values in all that they do to serve the greater good.
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What game are you playing?
A "mental model" is a way to think about the world. The aim of any good model is to provide a lens through which you can simplify, evaluate, and make decisions as you walk through life. The most useful mental models are highly dynamic, meaning they can be leveraged in a variety of contexts and situations. This is one you might find worthwhile: Winner's Game vs. Loser's Game.
Know the Game You're Playing
Roger Federer recently made a poignant speech now making the rounds on social media. In Extraordinary Tennis for the Ordinary Tennis Player, Author Simon Ramo breaks down a similar concept. He points out the difference between amateur and professional tennis, writing that they were two different types of games:
Amateur tennis is a Loser's Game: 80% of points are lost on unforced errors. You win by avoiding errors and waiting for your opponent to make errors.
Professional tennis is a Winner's Game: 80% of points are won on incredible shots. You win by hitting incredible shots.
The core insight: You have to know what kind of game you're playing.
In a Loser's Game, there's no point trying to hit magnificent shots. You're better off keeping it simple and avoiding unforced errors.
In a Winner's Game, there's no point trying to play conservatively to avoid unforced errors. You're better off trying to hit the elegant, perfect shots.
TWO Lessons to Apply
The Winner's Game vs. Loser's Game mental model is one that I come back to over and over again. There are two core lessons you can apply to your life today:
1. Avoid the Complexity Trap
Here's an important truth: Most games in life are Loser's Games.
You don't get "paid" for complex, magnificent shots—you get "paid" for consistently avoiding unforced errors.
For figuring it out.
For showing up and doing what you say you're going to do.
In most games in life, the sum of consistent, ordinary performances adds up to something extraordinary.
But intelligent people are naturally drawn to sexy, complex answers and solutions.
Why? Because they make you sound interesting.
At a party, when someone asks about your latest investments, work projects, or health habits, the most complex, interesting answer always seems to draw the most attention:
If you say you like to buy and hold index funds, people quickly move on to the person bragging about their crypto arbitrage strategy.
If you say you like to move your body and eat whole, unprocessed foods, people quickly move on to the person who is using red light therapy gene infusion to Benjamin Button themselves back into their teenage years.
The point here is that sexy "sells" when you're in a social setting, so smart people are often sucked into it.
They start trying to play a Winner's Gamebecause it makes them sound more interesting.
But the pull towards complexity is a trap, because the simple, boring basics usually win in the long run.
You don't need talent or luck to win a Loser's Game—you just need to keep showing up.
2. Embrace Self-Awareness
Alex Caruso entered the NBA's development league after going undrafted in 2016. A few years later, he was a key player leading the Los Angeles Lakers to an NBA championship.
When asked about how he rose from undrafted nobody to this level of stardom, he said that self-awareness was the key:
"A big reason guys get stuck in the [development league] is because they don't realize the position they're trying out for. It's like going to a job interview thinking you're going to be the CFO of the company and they're looking for someone to clean the bathrooms...it's a self-awareness of understanding what you're good at, what teams need, and trying to do that."
Caruso knew that he wasn't going to win if he tried to play the "NBA Superstar" game. He wasn't talented enough for that. But he knew he could fill a specific role on a roster, play that role consistently, and help a team win.
He knew that ego was the enemy and self-awareness was the friend.
Success in any endeavor requires you to answer two questions:
What kind of game am I playing?
Is this a game I can win?
If you can honestly answer "Yes" to the second question, you're on the right path. If not, you need to find a different game.
Life's a Game
Every area of your life can be thought of as a game:
Your relationships
Your health
Your career
Your finances
In each case, the game is a long one—played over and over again until the end of your days.
You have a choice of how to play.
Occasionally, a situation may call for the elegant, perfect shot. You want to be prepared for those moments and know you have it in your back pocket.
You want to be able to win the Winner's Game.
But most of the time, you just want to keep the ball in play.
You just want to stay in the game long enough to let the magic of compounding do its thing.
You need to win the Loser's Game.
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Source: https://www.sahilbloom.com/newsletter/winners-game-vs-losers-game