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About focusing on the right things
During World War II, the Allies mapped bullet holes in planes that were hit by Nazi fire
They sought to strengthen the planes by reinforcing the areas that received more bullets (shown as red dots on the picture)
Theoretically, it was a logical deduction. After all, these were the most affected areas
But Abraham Wald, a mathematician, came to a different conclusion: the red dots represented only the damage to the planes that were able to come back home
According to him, we should reinforce the areas where there were no points, because these are the places where the plane would not survive being hit
This phenomenon is called survival deviation It happens when you look at the things that have survived when you should focus on the things that didn’t
What are you looking at in this crisis? Where are you taking bullets or where should we act?
Some of you are Going back to school really soon, so I am planning to create more school-related content! Bear | free version [note app] Bear is similar to Apple Notes; however, it has so many more powerful tools. It allows you to create checklist, use different headings, organize your notes with tags, add sketches, … Continue reading Apps that you should try out
There’s no definitive formula for success. However, as entrepreneurs, we don’t really need a formula.
Whether you’re working from home in the wake of the coronavirus pandemic or you’re already a full-time freelancer or on a distributed team, remote work can come with unique challenges. Especially if you’re not used to it, it can be tough to channel the same level of focus that you might have in an office setting. And when you’re suddenly away from the rest of your team, a lack of collaboration and connection can be difficult to navigate.
Why do you struggle to be productive? Without even knowing you, I can tell that your answer is a lack of time & energy. You want to create incredible amounts of wealth and to make consistent progress towards your dreams. But no matter how hard you try, nothing seems to work.
Ackman takes Readers through the founding of a lemonade stand to teach the basics, explaining how investors pay for equity, a word interchangeable with “stock.” In the example, the owner starts with $750, with $250 of that coming from a loan.
We all have four wives in our lives. Our fourth wife is our body. No matter how much time and effort we lavish in making it look good, it’ll leave us when we die. It’ll be burnt, buried or chopped up for the vultures and wolves or feed the worms.
Take time to be alone, pray, meditate. Because it is the source of all of your life and most faithful friend.
The one constant thing in our lives is change. Make sure you watch the video before reading the article. “Change is the law of life. And those who look only to the past or the present are certain to miss the future” – John F Kennedy We cannot avoid it and the more we resist … Continue reading Simon Sinek’s – 5 Minutes on Why COVID-19 Is An Opportunity
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