Smartcuts: The Breakthrough Power of Lateral Thinking
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Read between September 25 - September 28, 2023
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Instead of interrupting people with ads, Mint decided it was going to become a media company that taught people to better understand finances.
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Mint built relationships with an enormous number of people—by helping them.
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Radio Rebelde became a tool for reinforcing that service, for teaching and inspiring during the day, and reporting the news at night.
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“It is preferable to tell the truth, small in its dimensions, than a large lie artfully embellished.”
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He knew that if his message was honest, he’d win the hearts of the people in the long run.
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the rebels won the people’s hearts because they showed that they sincerely cared.
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Mint grew business via its own broadcast on the Web, tapping superconnected people and then helping the members of those people’s networks through meaningful content.
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No matter the medium or method, giving is the timeless smartcut for harnessing superconnectors and creating serendipity.
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SOAR Why fit in when you were born to stand out? —DR. SEUSS (ATTRIBUTED)
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Michelle Phan could be the next Estée Lauder.
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For the millionaires, smart financial planning meant a comfortable life and the freedom to pursue new things.
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“Your entire philosophy of money changes,” writes author Richard Frank in his book, Richistan
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Isaac Newton’s first law of motion at work: objects in motion tend to stay in motion, unless acted on by external forces.
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Financial planners say that this is why a surprisingly high percentage of the rapidly wealthy get depressed.
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“When money is available in near-limitless quantities, the victim sinks into a kind of inertia.”
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Life has stopped moving forward.
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A meaningful percentage of them believe that their wealth causes more problems than it solves.
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Neil Armstrong, the man who stepped out of Apollo 11 just ahead of Aldrin, spent his next few decades figuring out what to do with his life.
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the question What do you do after walking on the moon? became a gigantic speed bump.
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Not coincidentally, this is the same reason that only one-third of Americans are happy at their jobs.
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When there’s no forward momentum in our careers, we get depressed,
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Newton pointed out, an object at rest tends t...
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searching for patterns in what affects people’s “inner” work lives the most dramatically. The answer, it turned out, is simply progress. A sense of forward motion.
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The Progress Principle, businesses need to help their workers experience lots of tiny wins.
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breaking up big challenges into tiny ones also speeds up progress.)
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helpful to know when motivatin...
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depressed successes simply have to start the Olympic rings over.
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They don’t have to do something Bigger or Better to be happy. They just have to keep moving.
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MOMENTUM ISN’T JUST A powerful ingredient of success. It’s also a powerful predictor of success.
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Phan’s backlog of content allowed her to take the momentum caused by waves and superconnectors and capture it.
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And by constantly feeding them with great new content, she transformed her video series into a career and a company.
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This is how innovators like Sal Khan (who published 1,000 math lessons online before being discovered by Bill Gates, who thrust him into the spotlight and propelled him to build a groundbreaking digital school called Khan Academy),
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None of them were overnight successes. But each of their backlogs became reservoirs,
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Michelle Phan, on the other hand, spent years building up potential energy.
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from blogger to YouTube star to makeup spokesperson to cosmetics designer to entrepreneur.
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The 30-million-view Lady Gaga tutorial was not Phan’s first great video, but it was her inflection point.
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“Success is like a lightning bolt,”
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“It’ll strike you when you least expect it, and you just have to keep the momentum going.”
Div Manickam
Momentum
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“Design for Extreme Affordability,” or how to create products for people who live on less than a dollar a day.
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NICUs kept premature babies nice and toasty. Sure, they kept the kids clean and sterile, too, and they kept track of heart rate and respiration and other things.
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premature infant mortalities involved complications arising from simply being too cold.
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(Premature babies are born with too little fat, which they need to stay warm while their bodies develop ...
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Embrace, which Chen describes as, “a sleeping bag for babies.” It’s a tight, insulated pouch with two compartments: one for the baby and one for a hot pad
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SOMETIMES BIGGER IS NOT better. Sometimes more of a good thing is too much. Sometimes the smartest next step is a step back.
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This teaches us something important about breakthrough success: simplification often makes the difference between good and amazing.
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innovation.
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the word used to mean “upheaval” or “transformation.” It comes from the Latin innovare, in meaning “into” and novus meaning “new”; the word innovate in Middle English meant to “renew” or “refresh.”
Div Manickam
Innovation
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Clayton M. Christensen furthered this concept in the mid-’90s when he coined the term “disruptive innovation.”
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Disruptive innovation is when the introduction of a lower-cost product steals market share from existing players, like when e-mail usurped postal mail
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key feature of disruptively innovative products is cost savings (either time or money).