Avoid the Second MIstake
So often, we make the mistake of believing that sticking to good habits is an all-or-nothing game. (I say “we” because I’ve been there before as well.)
· We assume that if we slip up on our diet, then we have ruined the whole thing.
· We act like missing one day of writing means we simply weren’t meant to be a writer.
· We use our lack of motivation to work out as evidence that we don’t have the willpower to make change happen.
These beliefs are incorrect. Habits are behaviors that we repeat consistently. However, they are not behaviors that we repeat perfectly. This small idea—that consistency does not require perfection—is important.
When it comes to building good habits and breaking bad habits, individual mistakes do not matter in the long-run. Instead, it is the second mistake that is far more important. Let’s talk about why this is true.
I don't agree with this idea, i believe the What the hell effect is more powerful. When you are on diet and you make the first mistake and the day is lost you start a binge because it's not a diet day anymore, so What the hell. Most people are like me if you don't do the first mystake you stick 100% to the routine but if you do .........it's a mess.
Don't do the first mistake. Do everything in your power. All or nothing it's the realty here. There is even a more powerfull effect that Dan Ariely mention in his books. If you wear a fake luxury item you feel you are cheating. And when you have the opportunity to cheat you do it more than people that didn't wear fake luxury items. If you have the impression that you are a cheater you tend to become one.
The opinion you have of yourself is very very important. Stay clean.
Always the same names at the top
New teams that make the UEFA top 10 that were absent in the top 10 last year.
the trend is down from almost 4 in 1961 to just 1 now.
With Globalization the power of the winners is perpetuated because they make more money, they invest more & because of that they tend to win again.
The phrase past performance is not an indicator of future performance is wrong big time!
You become what you think about all day long.
― Ralph Waldo Emerson
Everything in moderation, including moderation
--- Julia Child
A paper from Lee Biggerstaff at Miami University, David C. Cicero at the University of Alabama, and Andy Puckett at the University of Tennessee (which we were first alerted to by Bloomberg's Matt Levine) published in August looks at the relationship between CEOs that play lots of golf and the performance of those CEOs' companies. The findings are not in favor of the golfers. ....
Here are some of the highlights of the paper's findings:- Companies with CEOs in the top quartile of golf play (22 rounds or more per year) have lower operating performance and firm values.
- Some CEOs in the database played more than 100 rounds in a year! (There are 365 days in a year.)
- "While some golf rounds may serve a valid business purpose, it is unlikely that the amount of golf played by the most frequent golfers is necessary for a CEO to support her firm."
- CEOs play more golf the longer they are the CEO.
- The number of golf rounds a CEO plays are negatively correlated with changes in firm profitability.
- Overall, higher golf play is associated with a higher probability of CEO turnover.
- One CEO played 146 rounds of golf in a year.
Among the other choice bits of info from the report include that Jimmy Cayne, the former CEO of Bear Stearns spent 10 of 21 working days away from the office playing golf or bridge in July 2007, the same month that two Bear Stearns hedge funds collapsed.
http://www.businessinsider.com/ceo-golf-rounds-indicate-poor-performance-2014-11
Nothing new here to be the best you have to be obsessed, No normal people have outstanding results. People who advise that you should work less are not giving a good advice. Work is one of the biggest weapons a person might have.
More about the same:
Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work."
— Stephen King
1.Great companies have secrets: specific reasons for success that other people don’t see
Peter Thiel
2.Action cures fear."
3.In philosophy, politics, and business, too, arguing over process has become a way to endlessly defer making concrete plans for a better future
Peter Thiel
4. “If I get married, I want to be very married.”
5.Tolstoy opens Anna Karenina by observing: “All happy families are alike; each unhappy family is unhappy in his own way” Business is the opposite. All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition”
Peter Thiel, Zero to One Chapter 3
6.“The minute you choose to do what you really want to do, it's a different kind of life.”
7.Somebody should tell us, right at the start of our lives, that we are dying. Then we might live life to the limit, every minute of every day. Do it! I say. Whatever you want to do, do it now! There are only so many tomorrows.”
― Pope Paul VI
8.A friendship founded on business is better than a business founded on friendship.
One of the keys to happiness is a bad memory― Rita Mae Brown
A recent study from Michelle Eskritt and Sierra Ma at Mount St. Vincent University—published in the journal Memory & Cognition—suggests that when you take notes, your brain can intentionally forget because it knows that you've written the information down and stored it elsewhere. During the study, participants were asked to play the memory game Concentration over and over. The catch was that one group was allowed to take notes during the game. Halfway through the game, however, that same group got their notes taken away. When it was all done, the group that was not allowed to use notes performed significantly better.
Until today I used to take notes with the idea that one day in the distant future i am going to need them. It is never the case!
from now on i am going to take my Moleskin just for show off. No more notes. It ruins my memory!
However after reading the first quote i prefer to have a lousy memory, in fact when i recall the past i just remember good things! When i recall the Avalanche/accident in Mont Blanc where i broke my leg & other minor things I just remember the good things about the trip and the people who visit me in the hospital.
Nothing like a bad (selective) memory!
“We sell quality stuff at the best possible price. If you treat consumers with respect and treat employees with respect, good things are going to happen to you” – CEO of Costco
According to Glassdoor Costco’s cashiers get paid $15.80/hour and supervisors get paid $22.94/hour. This compares to Walmart’s cashiers at $8.89/hour and department managers at $12.00/hour. Target’s cashiers receive $8.66/hour and team leaders receive $15.36/hour. Moreover Bloomberg reports 88% of Costco’s employees are on company sponsored health care plans, which is much higher than other retailers. Costco’s higher pay and benefits keep turnover low and increases the quality of service.
Despite paying more for their people, almost double Costco is killing the competition? How is it possible? I have never been in a Costco store but i will try to find out how is it possible that in a commodity business like Supermarkets (Everybody sells the same stuff) the low cost producer doesn't win! And Wal-mart is not winning!
I don't buy the quality of service argument because when i go to a supermarket i don't need a lot of service. I don't care if the cashier ask me if i have their credit card with a smile or not. There is something more to this ......................
