A while back, I read a story about a professional who was offered a chance to collaborate on an exciting project. It could have been life-changing. But he hesitated—paralyzed by the fear of making the wrong choice. The opportunity was gone by the time he decided. It’s a familiar story, isn’t it? We treat every […]
Words Into Works #130 | The Reversal Test
Imagine you’re leading a project, and your team proposes a significant change. As you listen, you feel a sense of discomfort—something about the idea doesn’t sit right. The reasons for your hesitation might not be clear, but they persist. Should you trust your gut, or are you potentially falling into the trap of status quo […]
Words Into Works #129 | The Opportunity Portfolio
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 #122 | The Lindy Effect
Imagine you’re in a bustling city, observing the world around you. As you walk down a street lined with shops, restaurants, and people going about their day, you might notice that some places seem timeless. The bookstore on the corner has been there for decades, while the trendy café down the block is new and […]
Words Into Works #121 | The Regret Minimization Framework
Imagine you’re 80 years old, looking back on your life. What decisions would you regret not making? What opportunities would you wish you had seized? This simple yet powerful mental exercise is at the heart of the Regret Minimization Framework, a decision-making tool famously used by Amazon founder Jeff Bezos. In his book The Everything […]