Last month, a friend of mine turned down a $50,000 consulting project because his calendar was completely booked. Two weeks later, a $250,000 opportunity emerged—but he couldn’t take that either. He had optimized himself into a corner. This scenario illustrates one of the most powerful ideas from Morgan Housel’s The Psychology of Money: The Opportunity […]
Words Into Works #128 | Temptation Bundling
Imagine you have a workout bike gathering dust in your living room. You know using it would be good for you, but you can’t seem to make yourself hop on and start pedaling. One day, you get a brilliant idea: you’ll only let yourself binge that addictive new Netflix show while you’re spinning away on […]
I Tried Audible for 30-Days. Here’s What Happened.
A few months ago, a friend introduced me to a subscription service he swore by: Audible. “You’ve got to try it,” my friend told me excitedly over the phone. “You of all people will love it.” A voracious reader with little time to read, I liked the idea of listening to books on the go. […]
Words Into Works #116 | The Flywheel Effect
The Flywheel Effect is a compelling concept from Jim Collins’ influential bestselling business book Good to Great. The idea is a metaphor for the gradual build-up of momentum through persistent and consistent effort, leading to a tipping point where progress becomes self-sustaining and rapid. Collins uses the flywheel, a massive, heavy wheel, to symbolize the […]
Words Into Works #115 | The Compound Effect
The Compound Effect is a transformative principle explained by Darren Hardy in his influential book of the same name. This concept emphasizes the immense power of small, consistent actions accumulating over time to produce significant results. However, it’s not just about making major leaps. Rather, it’s about consistency and persistence in the daily incremental steps. […]
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