Mathew effect - self-reinforcing loop.
"The rich get richer the poor get poorer." What does it mean exactly? Those who receive opportunities tend to acquire additional opportunities.
Mental Frameworks
6 posts
How to get more with less effort
Leverage as a mental model in most contexts refers to increasing your output/input ratio. The highest leverage is when you achieve significant output with minimum input.
What mental models help you and what harm you?
Just because you have tools that are available to you it doesn’t mean they are the right one. You have to zoom out from time to time and see the bigger picture, the range of tools, and find the right one
Start from the end result in mind
The most important skill in achieving your goals is how you think. Everything starts, and ends, in your mind. Your vision defines your path. Focusing first on the What rather than How helps to define the destination clearly and then lay down the path.
Pareto principle
It’s easy to be busy, instead we should aim to be productive. Most people are probably familiar with Pareto Principle, better known as the 80/20 rule, but rarely use it. Italian economist Vilfredo Pareto created this principle while studying in France in 1896.