Living your best life.
๐ Plus: The ultimate life hack, stealing other people's frameworks, and minimizing regret.
Hey โ Itโs Dean.
Welcome to the 140th consecutive edition of the newsletter.
Each week I share interesting mindsets from remarkable people.
Here are the five I uncovered this week.
Please steal shamelessly.
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1/ Living your best life.
Details worth knowing.
Every year, Warren Buffett (92) and Charlie Munger (99) stage a weekend event for Berkshire Hathaway investors dubbed โWoodstock for Capitalistsโ that draws over 40,000 people. On the Saturday, Buffett and Munger spend 6 hours answering investor questions. The Buffett wisdom above was in response to a question about how to live your best life.
Principle at play.
Hidden in Buffettโs advice is a framework on how to create positive and lasting change โ in any area of life. Get clear on what the final destination looks like then reverse engineer how to get there from where you are now.
Question worth pondering.
What does the final destination look like in those areas of your life that are most important to you?
๐ง
Mindset worth stealing โ Begin with the end in mind.
2/ Contrarian thinking.
Details worth knowing.
Codie is a highly successful investor and entrepreneur who invests in what she calls โboringโ businesses. She is the author of the wildly popular newsletter, โContrarian Thinking.โ
Principle at play.
Einstein summarized this best when he said, โYou canโt solve a problem with the same level of thinking that caused it.โ In other words, you canโt do your way out of a thinking problem.
Questions worth pondering.
What is the most challenging problem you presently have? What mindset do you presently possess that keeps you from solving that problem?
๐ง Mindset worth stealing โ Changing what you think transforms how you behave and who you become.
3/ A mindset from me.
Details worth knowing.
I came up with this mindset while looking to create a weight loss program that would work no matter where I was in the world.
Principle at play.
Itโs a program built on principles because principles travel and they allow for flexibility, creativity and innovation.
Question worth pondering.
Are the things that are most important to you designed to work no matter where your feet are?
๐ง Mindset worth stealing โ Create solutions based on principles not procedures.
4/ Minimizing regrets.
Details worth knowing.
Kevin is a prolific writer and optimist. He offers sage advice in his latest book, Excellent advice for living. He also has a TED talk on why the future will be shaped by optimists.
Principle at play.
Inaction sows the seeds of regret.
Question worth pondering.
Whatโs something you have yet to do that you know you will regret?
๐ง
Mindset worth stealing โ Regret less by doing more courageous things.
5/ Stealing frameworks.
Details worth knowing.
The most prolific creators use templates or frameworks they steal from others to create original solutions. They are never trying to create something remarkable from scratch.
Principle at play.
Great work, in all domains, follows a framework. The secret is to uncover what the framework is and then use it within the context of what you are trying to create.
Questions worth pondering.
Who has a solved a problem you have? What framework(s) are they using that you can steal?
๐ง
Mindset worth stealing โ Copy from others. Customize for you.
That is all for today.
See you next Sunday my friend.
And hey โ keep being awesome.
Dean ๐จ๐ฆ
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