Ideas we can think about - Part2

I wrote something like this back in 2020 during the peak pandemic. I want to write something I collected from then and put it down here.

• Processes harden into routines.

  When company decides to do something new, employees try out different approaches. But once it is locked down we don’t try to change much as it increases productivity and predictability. But established process have life of their own. They cease to be means to an end and become ends in themselves. Read more here on why good companies go bad

• Respecting Company’s Heritage

  Trying to break that pull through a radical act of organizational revolution leaves people disoriented and disenfranchised, cut off from the past but unprepared to enter the future. It’s better for managers to respect the company’s heritage. Source

• Secret to a long and happy life according to Charlie Munger

  • You deal with reliable people
  • You don’t overspend your income
  • you do what you’re supposed to do
  • You don’t have a lot of envy
  • You stay cheerful in spite of your troubles

• A great Twitter thread on Minimalism and many other things from Charlie Munger and Warren Buffet

  On empowering people to make choices, he says “I think decisions get made better if you eliminate the bureaucracy. I think bureaucracy is sort of like a cancer.” “If you’re going to live a long time, you have to keep learning. What you formerly knew is not enough. If you don’t adapt, you’re like a one-legged man in an ass-kicking contest.” “We don’t do unnecessary things at Berkshire. And there are many things at big companies that are unnecessary.”

• On Selective Focus, Your odds of success improve when you are forced to direct all of your energy and attention to fewer tasks. Great Article on Buffet’s 20-slot rule

• Complexity and Jargons are used to mask a lack of deep understanding

• When choosing who to spend time with, prioritize spending more time with optimists.

• The simplest explanation is often the best one. - Read about Occum’s Razor

• If your goal is to do inspired, creative work, you have to work like a lion: Sprint when inspired. Rest. Repeat.

• Anything asserted without evidence can be dismissed without evidence.

• Truly successful people rarely feel the need to brag about their success.

• Writing is the ultimate tool to sharpen thinking—use it as a “knife block” for life.

• When deciding to read, just grab and read anything

• How to define Innovation ? all new things come from old things - read more

• The real diversity that matters is the diversity of ideas, not the diversity of skin color. read more by Naval

• If your title matters to you, you don’t belong at a startup.

• Never engage in status games people play

• Laziness makes people treat MVP( Minimum Viable Product ) as end state

• One should Understand who he really is, understand who others really are

• Motive is everything. Find the motive before you engage.

• Pick an industry where you can play long term games with long term people. - Tweet from Naval

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