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How to Be Successful

blog.samaltman.com

51–60 of 326 posts

Re: How to Be Successful

#52
post #34

1. Be born to a wealthy middle class family and go to an elite school.

The biggest reason I'm excited about basic income is the amount of human potential it will unleash by freeing more people to take risks. Until then, if you aren't born lucky, you have to claw your way up for awhile before you can take big swings. If you are born in extreme poverty, then this is super difficult :( It is obviously an incredible shame and waste that opportunity is so unevenly distributed. But I've witne…

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Re: How to Be Successful

#53
post #34

Earlier quoted context omitted.

The biggest reason I'm excited about basic income is the amount of human potential it will unleash by freeing more people to take risks. Until then, if you aren't born lucky, you have to claw your way up for awhile before you can take big swings. If you are born in extreme poverty, then this is super difficult :( It is obviously an incredible shame and waste that opportunity is so unevenly distributed. But I've witne…

What basic income will most likely do is send vast swaths of average people to entertainment and drugs. It's already happening, as social nets get bigger and wider.

There will be people that go to entertainment and drugs as well as people that take that money to add to society. The question is what the net effect is.

Re: How to Be Successful

#54

I'm not successful, but my strategy for getting there is specific.... -- never put yourself in the position to go bankrupt -- stay in the game - keep your overheads down to the minimum practical for you -- learn to program so you can implement your own ideas without need for a cofounder or need to pay for anything more than hosting and a domain -- just keep banging out your ideas into products until one catches on. -…

By and large, this is the same algorithm I use. I've really only deviated on one point.

That said, I'd add to this the idea of thinking in terms of "Return on Capital Invested" where your time and effort are a from of Capital. IOW, it's important (IMO) to figure out how to direct your attention towards the efforts that are most likely to yield the outcomes (whether financial or otherwise) that you seek. The problem, of course, is that you don't know in advance how things will play out. So you have to experiment, but once you begin an experiment the big question becomes "do I keep going on this, or redirect my effort to something else which has a higher probability of success?" (for however you define "success").

Re: How to Be Successful

#55
It's very common to over-analyze and generalize the specific behaviors of successful people, rather than acknowledge the stark reality of what truly separates them from others. There's a tendency to focus on the "symptoms" of their success rather than the root cause.

An accurate description of reality is both less flattering and seemingly less useful to others. But it does at least have the virtue of being real.

IMHO there are three major factors in changing the world:

#1 High general intelligence and ambition (genetics)

#2 Highly educated well-off parents (environment)

#3 Support of powerful people (opportunity)

You probably can't do much without at least one of these factors. Most people that do big things have all three working in their favor.

Re: How to Be Successful

#56
post #34

Earlier quoted context omitted.

The biggest reason I'm excited about basic income is the amount of human potential it will unleash by freeing more people to take risks. Until then, if you aren't born lucky, you have to claw your way up for awhile before you can take big swings. If you are born in extreme poverty, then this is super difficult :( It is obviously an incredible shame and waste that opportunity is so unevenly distributed. But I've witne…

What basic income will most likely do is send vast swaths of average people to entertainment and drugs. It's already happening, as social nets get bigger and wider.

Where is that?

Re: How to Be Successful

#60
I can't speak for the author, but in my opinion if you treat this as a checklist to follow instead of a set of observations, you will probably be intolerable to most people and will probably fail at your goal of being successful.
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