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“the most powerful engine of progress is to be found deep within the culture of the industry. It is an attitude that is easy to state, but whose wider application could revolutionize our attitude to progress: instead of denying failure, or spinning it, aviation learns from failure.”
― Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do
― Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do
“The reason is not difficult to see: if we drop out when we hit problems, progress is scuppered, no matter how talented we are. If we interpret difficulties as indictments of who we are, rather than as pathways to progress, we will run a mile from failure. Grit, then, is strongly related to the Growth Mindset; it is about the way we conceptualise success and failure.”
― Black Box Thinking: Growth Mindset and the Secrets of High Performance
― Black Box Thinking: Growth Mindset and the Secrets of High Performance
“golden rules for career success 1 Specialize in a very small niche; develop a core skill 2 Choose a niche that you enjoy, where you can excel and stand a chance of becoming an acknowledged leader 3 Realize that knowledge is power 4 Identify your market and your core customers and serve them best 5 Identify where 20 percent of effort gives 80 percent of returns 6 Learn from the best 7 Become self-employed early in your career 8 Employ as many net value creators as possible 9 Use outside contractors for everything but your core skill 10 Exploit capital leverage”
― The 80/20 Principle: The Secret to Achieving More with Less
― The 80/20 Principle: The Secret to Achieving More with Less
“As Duflo puts it: “It is possible to make significant progress against the biggest problem in the world through the accumulation of a set of small steps, each well thought out, carefully tested, and judiciously implemented.”
― Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do
― Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do
“HINT 3: ONLY WORK FOR AN 80/20 BOSS What is an 80/20 boss? Someone who consciously or unconsciously follows the principle. By their works you shall know them: They focus on very few things—the ones that make a BIG difference to their customers, and, if they still have them, their bosses (hopefully a temporary arrangement—the best 80/20 bosses are not themselves constrained by a boss). They are going places fast. They are rarely short of time, and never flustered. They are usually relaxed and happy, not workaholics. They look to their people for a few valuable outputs. They pay no attention to inputs such as time and sweat. They take the time to explain to you what they are doing, and why. They encourage you to focus on what delivers the greatest results with the least effort. They praise you when you deliver great results, but are constructively critical when you don’t—and suggest that you either stop doing something unimportant or do something important in a more effective way. When they trust you, they leave you alone and encourage you to come to them when you need guidance.”
― The 80/20 Principle: The Secret to Achieving More with Less
― The 80/20 Principle: The Secret to Achieving More with Less
Tim’s 2025 Year in Books
Take a look at Tim’s Year in Books, including some fun facts about their reading.
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