I recently read that Wealth is Knowledge and I consistently read the Farnam Street Blog each week. If you are trying to grow your knowledge, and net worth, and not reading this blog, you need to make a change. In fact, I recently signed up for, and am now taking, the Art of Focus, which is now closed forever. It’s good learning. As I said in my last post, I am going to read 52 books this year and write about it here:
The Subtle Art of Not Giving a Fuck by Mark Manson – Interesting approach to tell you to stop sweating so much of the little shit in life and instead, focus on only big shit that really moves the needle for you. This reminded me of what Tim Ferriss refers to as First Principles. Favorite quote I will continue to use: No Fucks Given. [Audio Book]
Never Split the Difference by Chris Voss – A very interesting approach to negotiating from someone that could not afford to split the difference. For example, when you are negotiating with someone that has taken two hostages, it is never a good idea to split the difference with them. Learn from Chris Voss, a former FBI hostage negotiator, how the techniques he, and the FBI, used to negotiate the release of hostages can be used every day in all of your negotiations. I found it to be a quick and enlightening read and believe it will be beneficial in everyday life and more importantly the negotiations that really matter. Favorite quote I will continue to use: How can I do that?
Mindset, the New Psychology of Success by Carol Dweck – In this book, Carol differentiates between two types of mindset, the Fixed Mindset and the Growth Mindset. Fundamentally, someone with a fixed mindset believes that they are fixed in certain ways, such as intelligence, talent, physical abilities, artistic capabilities. Someone with a growth mindset, on the other hand, believes they can grow in any, and every, area with sufficient efforts. For example, if they aren’t an artist, they can work at it and they can become a better artist. Something important to consider is that you can demonstrate a growth mindset in certain areas, while devolving to a fixed mindset in others.
For example, By writing this blog, reading 52 books per year, hiring a coach and deciding I will run every day for the second year in a row, I am demonstrating a growth mindset in a number of areas. I know that I can be better and I will work at it to get there. Unfortunately, I will be the first person to tell you that I cannot be an artist, that I don’t have that skillset. Carol impressed me by showing illustrations that were done in the book by average people that could not draw to begin, but could do amazing self sketches with very little training. When I am successful in my goals this year, I will set a goal next year to become an artist, with a goal to focus on abstract paintings.
The most important takeaway for me was how to utilize the concepts from the book in being a father to my two young boys, who should have a mother and father encouraging a growth mindset. For more information, see Growth Mindset for Parents.