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20 Things I Wish I Had Known When Starting Out in Life

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Re: 20 Things I Wish I Had Known When Starting Out in Life

#11

Post by edw519 »

hobbs wrote: post #10
edw519 wrote: post #8

Earlier quoted context omitted.

I suppose you're right about that at Megacorp. Another reason so many of us are starting our own.

Just to clarify, I do find your original statement to be absolutely correct: "Anyone who's good at anything knows that there's an inverse correlation between talking about it and being good at it." The reason you have to explicitly say it, though, is that it goes against the grain of human behavior. Being the type of person who actually does things without wasting time talking about it, I've had to learn the hard way…

I offered it because, if I remember correctly, that's about the only advice that would have reached me when I was 18.

Re: 20 Things I Wish I Had Known When Starting Out in Life

#13

Post by wallflower »

I've bought tens of self-help/self-discovery books and even read some of them. Of those I've read, I've found lots of commonalities and themes.

The most important theme, in my mind, which is echoed in successful startups and businesses is: You don't have to get it right, you just have to get it going..." (as Mike Litman puts it)

Re: 20 Things I Wish I Had Known When Starting Out in Life

#14

Post by wallflower »

yters wrote: post #12

Any comments on the journalling?

I've started doing this again. If you're introspective, it's hard to find someone to talk to about your life - Writing your thoughts and feelings down is immensely therapeutic - it's like listening to yourself.

I use a private, password-protected blog (TypePad) and can even use their mobile interface. I find paper diaries can be hard to use as you have to establish a habit, while since most of us are always online in some form - it's easier to journal digitally.

I did do lots of journalling years ago (using a bound paper diary) during a difficult workaholic phase and it is painful to read the self-pity and negativeness of the entries. But, it is good to see how I've changed since then.

Re: 20 Things I Wish I Had Known When Starting Out in Life

#15

Post by Shooter »

wallflower wrote: post #13

I've bought tens of self-help/self-discovery books and even read some of them. Of those I've read, I've found lots of commonalities and themes. The most important theme, in my mind, which is echoed in successful startups and businesses is: You don't have to get it right , you just have to get it going . . . " (as Mike Litman puts it)

Which Litman book?

Re: 20 Things I Wish I Had Known When Starting Out in Life

#16

Post by hobbs »

kinkydarkbird wrote: post #9
hobbs wrote: post #2

One thing that I hadn't fully realized until I was about 30 or so: Your grades and test scores only matter to "the first". That is, your high-school grades and SAT scores only matter to the first college that you enroll in. After about a year or two in college, if you transfer to a different college, they don't care a whit what your high-school grades were. They want to know what your college grades are. Similarly, y…

Good thing that I relised that before I was in college.

I had a gut instinct that this was the case while in school, but then every authority figure in my life was telling me that I could be the valedictorian if only I'd "buckle down and study". It took some distance before I was able to objectively look back and judge who was ultimately right.

Since I've remained good friends with the person who actually became the valedictorian, I've been able to compare notes over time. It turns out that in as little as 5 years after graduation, being the valedictorian doesn't mean squat. Everyone wants to know what you've done lately.

Re: 20 Things I Wish I Had Known When Starting Out in Life

#17

Post by wallflower »

Shooter wrote: post #15
wallflower wrote: post #13

I've bought tens of self-help/self-discovery books and even read some of them. Of those I've read, I've found lots of commonalities and themes. The most important theme, in my mind, which is echoed in successful startups and businesses is: You don't have to get it right , you just have to get it going . . . " (as Mike Litman puts it)

Which Litman book?

Another Litmanism "The name of the game in life is you either have to focus on the process or the reward at any given moment. If you focus on the reward... (procrastination) If you focus on the process, you'll get there"

Litman quotes Bloomberg...

From page 52 (paperback) in his book 'Bloomberg By Bloomberg':

"We made mistakes, of course. Most of them were omissions we didn't think of when we initially wrote the software. We fixed them by doing it over and over, again and again. We do the same today. While our competitors are still sucking their thumbs trying to make the design perfect, we're already on prototype version No. 5.

By the time our rivals are ready with wires and screws, we are on version No. 10. It gets back to planning versus acting. We act from day one; others plan how to plan - for months."

The principle is fundamental. I don't think it was a specific book. I'm on his email list twice - he reiterates the theme a lot.

To elaborate, Litman says it's all about small steps. You need to make a commitment to taking small steps. All of successful business is a compilation of small victories. It's the small steps that make a difference. Most people aren't willing to stay in the game long enough to succeed...

Conversations with Millionaires is a great book because he interviews a really diverse group of successful entrepreneurs.

Personally, I don't always like his rah-rah cheerleading you-can-do-it approach but he shares some valuable insights.

Re: 20 Things I Wish I Had Known When Starting Out in Life

#18

Post by Shooter »

wallflower wrote: post #17
Shooter wrote: post #15

Earlier quoted context omitted.

Which Litman book?

Another Litmanism "The name of the game in life is you either have to focus on the process or the reward at any given moment. If you focus on the reward... (procrastination) If you focus on the process, you'll get there" Litman quotes Bloomberg... From page 52 (paperback) in his book 'Bloomberg By Bloomberg': "We made mistakes, of course. Most of them were omissions we didn't think of when we initially wrote the soft…

Thanks for taking the time to share this info...I didn't even realize he had anything to do with the Bloomberg book.

Litman's "Conversations with Millionaires" book was pimped out by a bunch of people I think are pretty shady, so I had avoided reading it. I'll check it out if I come across it again. Unfortunately, I don't think these types of books would sell without a generous dash of the rah-rah cheerleading stuff.

Re: 20 Things I Wish I Had Known When Starting Out in Life

#19

Post by wallflower »

Shooter wrote: post #18
wallflower wrote: post #17

Earlier quoted context omitted.

Another Litmanism "The name of the game in life is you either have to focus on the process or the reward at any given moment. If you focus on the reward... (procrastination) If you focus on the process, you'll get there" Litman quotes Bloomberg... From page 52 (paperback) in his book 'Bloomberg By Bloomberg': "We made mistakes, of course. Most of them were omissions we didn't think of when we initially wrote the soft…

Thanks for taking the time to share this info...I didn't even realize he had anything to do with the Bloomberg book. Litman's "Conversations with Millionaires" book was pimped out by a bunch of people I think are pretty shady, so I had avoided reading it. I'll check it out if I come across it again. Unfortunately, I don't think these types of books would sell without a generous dash of the rah-rah cheerleading stuff.

No, Litman did not have anything to do with Bloomberg on Bloomberg. He was quoting Bloomberg (as he). I believe if you can get one idea going forward out of a book, it's more than worth it.
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