Category: First Principles
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Life Happens
With or Without Angst and Stress A few useful thoughts to consider: Taking a step back and gracefully walking away from situations that threaten your peace of mind, values, morals, or self-worth is almost always a healthy and necessary step forward. Sometimes you have to accept the fact that life has changed again, that things…
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80/20
Understanding the Pareto principle When you start your day, what’s the first thing you do? Most of us grab our caffeinated beverage of choice, check email, and prioritize tasks for the day. How do we identify what needs to get done first? One common technique is called the Pareto principle, also known as the 80/20…
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The Rich get Richer the Poor get Poorer
The rich get richer and the poor get poorer is more than a saying that’s been around throughout all of history. It’s a fact—proven over and over. It’s based on mathematical truth. The same truth as 1+1=2. It’s called compounding interest. Compound interest is the 8th wonder of the world. He who understands it, earns…
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First Principles
First Principles: The Building Blocks of True Knowledge First-principles thinking is one of the best ways to reverse-engineer complicated problems and unleash creative possibility. Sometimes called “reasoning from first principles,” the idea is to break down complicated problems into basic elements and then reassemble them from the ground up. It’s one of the best ways…