Inverse thinking is a mental model that can help you make better decisions and solve complex problems. In this article, you’ll find a short story from US history to explain the idea. And how to use inverse thinking in business and life with examples. In 1907, the nightmare of every banker came true in the…
Category: Success
Nassim Taleb’s Optionality: Unlimited Gains With Limited Costs
Optionality is a mental model to make decisions that create possible unlimited gains with limited costs. Nassim Taleb explains the importance of optionality in his book Antifragile. In this article, you’ll find a short story to see how optionality works and then three ways to increase optionality in your life. Is it possible to turn…
Luck Surface Area: How to Get Lucky In Life (Without Being Rich)
Luck surface area is a mental model that explains it’s possible to increase your chances to get lucky in life. If there was a magic potion that makes people lucky, it would be expensive. But people would still buy it. After all, everybody wants to get lucky. Now, since we don’t have such a potion, are there other…
Smart Personal Goals Examples – How to Become More Successful
Can SMART personal goals help you to become more successful in life? I confess. I didn’t believe in goal-setting for a long time. After all, I’ve always forgotten to continue working on my New Year’s Resolutions by February every year. But after reading dozens of articles and books on success and execution and testing the…
Mental Model Examples (50+) That Will Make You More Successful
In this article, you’ll find more than 50 mental model examples that will make you understand the world and human nature better. So you can become more successful in business and life. What is a Mental Model? A mental model is your thought process to explain how something works. Think about it. Probably when you…
Trade In The Modern Era: Information Arbitrage
In the old days, trade was hard. Imagine traveling from one city to another on horseback for days. Or sailing with your ship without seeing the land for months, eating the same dried food or fish every day. But it was also lucrative. Traders were buying goods cheaply in one city, and selling them for…
10x instead of 10% – Exponential Thinking
10% faster, 15% more, 5% less… Our brains think incrementally by default. That’s why many people focus on making things slightly better. You can see it every day. Hiring 10 more employees, spending $10k more on ads, opening one more shop… And the best-case scenario, they get what they planned for: an incremental improvement. But…
A-B-Z Framework: The Right Way to Start
A-B-Z Framework is a mental model to save you from analysis paralysis while starting new projects or achieving your life goals. What is your career target? Building a successful company? Becoming a CEO? Having a long-term goal for yourself is good. But it might be overwhelming when you start thinking about how to get there.…
Napoleon’s Secret for Success: Compartmentalization
Napoleon was a unique person. He spent most of his life on the battlefields. His military genius is well known; he has fought against coalitions of European countries and won most of the battles. His soldiers loved him as he always spent time with them and knew the names of even the low-rank soldiers. He was a…
What is Antifragility (With A Career Example)
What’s the definition of Antifragility? We know fragile things. They break easily with a little stress and disorder. Antifragile things don’t just resist a shock, damage, or crisis but also thrive under these conditions. It’s a concept developed by Nassim Taleb in his book Antifragile. Let’s look at two examples to see how you can use it in your life: Fragile: Little…