#020 – Method to Combat Indecisiveness & Being Poor vs Being Rich

Welcome to the Five to Thrive newsletter

Bringing 5 interesting ideas to your inbox every Thursday morning to ignite your curiosity and drive your growth.

read online on fivetothrive.beehiiv.com 

read time 3 minutes 

#020 at a Glance:

• Quote that will get you thinking: Being poor vs Being rich.

• Podcast you should listen to: Steven Bartlett x Christian Horner.

• Mental Model: Inverting The Goal.

• Hack you should try: Increasing volume to improve your outcomes.

• Tweet I liked: The path of least resistance...

Quote that will get you thinking:

Podcast you should listen to:

The Diary of A CEO E186: Christian Horner

Christian Horner is the team principal of the Red Bull Formula 1 Racing Team which currently holds the Driver’s and Constructor’s Championship titles. He was the youngest team principal of a Formula 1 racing team when he took over nearly 20 years ago…and he’s still the youngest team principal today.

But, his path to the top of the podium was no walk in the park.

With an unsuccessful career as a driver, he turned to management in a desperate bid to stay involved in motor racing. For a while, he was the lead engineer, marketing, and managing director of what was effectively, a veritable racing one-man band. Now running an organisation of over 1200 people, Christian is one of the biggest characters of the sport.

This podcast dives into the behind the scenes of the stresses and stakes of running a team that pushes people and machines to the edge of what’s possible, every single week.

And it’s not all Formula 1 talk… expect to learn incredibly insightful lessons about motivation, managing egos, communication within a company, how Red Bull continues to innovate, how to keep yourself and your teams focused, and much more.

Listen or Watch on Spotify here. Listen on Apple Podcasts here. Watch on YouTube here.

Mental Model:

Inverting The Goal

Goal setting. It's a necessary step to achieving any feat in life, or so we are told from young.

The only issue?

When we're setting certain objectives for ourselves, the path which we elect to achieve those objectives is extremely blurred and often unclear.

For instance, we may set a goal to buy a property. Fantastic. BUT, the method of achieving that goal, in other words, the possible steps which we could take to successfully reach our objective, are theoretically infinite.

There are so many possible avenues at our disposal, often contributing to what is psychologically referred to as 'paralysis by analysis'.

Indecisiveness, as we all know, kills any form of progress. Second-guessing decisions slows momentum and harms future growth prospects.

One tactic to curb indecisiveness is known as 'Inverting Your Goal'.

I believe that Shane Parrish explains it best:

"Instead of thinking through the achievement of a positive outcome, we could ask ourselves how we might achieve a terrible outcome, and let that guide our decision-making."

He continues...

"Think about not only what you could do to solve a problem, but what you could do to make it worse – and then avoid doing that, or eliminate the conditions that perpetuate it."

Therefore, applying this approach to our example above of buying a property, the question changes from "What do I need to do in order to buy a property?" to "What are the things I need to avoid doing that would otherwise prevent me from buying a property?"

Absolute game changer.

Instead of trying to achieve your goal, you're simply avoiding actions that would make the goal less feasible to achieve and by process of elimination, you inevitably put yourself on the path to sucess.

Give it a go.

Hack you should try:

Increasing Your Volume to Improve Your Outcomes

Record producer Rick Rubin shares the secret to creating hit records (or simply, making anything great):

"If you need 10 of something, make 30. Then pick the best."

Sometimes, to improve our outcomes, it is simply a matter of increasing the volume of our work to then maximise the likelihood of hig-quality end results.

Not only will we learn from each and every iteration, but with a greater sample size of our work, there's a higher chance that our end product will be of greater value than it otherwise would have been.

More reps, more iterations, more outputs → more quality.

Tweet I liked:

That’s all for this week, thanks for reading!

Grateful for your support.

Stay hungry, stay humble, & stay curious. ⚡

Do you think someone else will enjoy reading Five to Thrive? Forward them this email!

Was this email forwarded to you? Subscribe to receive them in the future!

Have some feedback or would like to get in touch with me? You can email me at [email protected] or find me on Instagram, Twitter, or LinkedIn.