The Business Investment "Red Flag" Check List
(…) Here is a checklist of items you will need to consider up front to have any reasonable chance of achieving a high level of success in your business, your investments, or your life:
Investigate before you invest: Find out every detail on the who, what, when, where and how. Update continuously from start to finish. Ask questions. If you don't get reasonable answers, immediate answers or the right answer, exit immediately.
Doofus Test: Are the individuals involved willing to pay the price for success? Schedule meetings at night, on weekends over holidays, birthdays, and during peak traffic hours.
Stick to your knitting: (…) Deploy your assets where they have the greatest probability of achieving geometric success - in areas that you know well and/or in areas your team knows well.
Stay laser-beam focused: Distraction is the only luxury of poor people. Extra focus is mandatory for new investments.
Plan well, but then implement and execute.
Avert avoidable mistakes: You've all heard the saying, “Well, shit happens...” And it does, except not as often in the lives of successful people. There it occurs by design, not happenstance. You must design out avoidable mistakes - always, always.
Forget about that which you cannot change: (…) You must accept things as they are. If you cannot overcome them, then work around them; if you cannot work around them, then neutralize them; if you cannot neutralize them, then exit immediately.
Seek advice of those who you respect greatly: You're not so smart; seek guidance. But don't waste time and money needlessly. Gather only that information you intend to use.
Dedicate yourself: Be absolutely committed! Be prepared to alienate yourself from everything not connected with the investment
Three Stages of Life
In contrast, Life 2.0 can redesign much of its software: humans can learn complex new skills -for example languages, sports, and professions- and can fundamentally update their worldview and goals.
Her çiçeğin bir mevsimi, her kitabın bir zamanı vardır. Haziranın tadını yeni hikâyelerle çıkarın.
Reducing Cognitive Dissonance
Festinger infiltered and closely studied the millenarian cult in the
suburbs of Salt Lake City led by Marian Keech. Festinger noted the group’s astonishing capacity to reduce this cognitive dissonance. Keech had announced that the end of the world would occur on December 21st , 1954. The group, reduced by then to some twenty-five followers, had been convinced that a flying saucer would rescue them from the final flood. This conviction was based on the many messages that Marian
Keech is supposed to have received from extraterrestrial beings in visions and even in written form.
The followers waited for the flying saucer for several days, and performed multiple rituals that were intended to facilitate their departure. The followers were then surprised to be given the happy tidings, through Keech as usual, that a divine update had been received. The great faith of the cult had saved them from enormous suffering and the final cataclysm had been postponed to a later date, whose exact time would be communicated to the followers later through the usual channels.
While ordinary logic would suppose that the group would be much shaken in its conviction, on the contrary, Keech’s followers were able to recruit more than two hundred new followers within a few days of this incident. The apparent failure of the cult had been changed to advantage by reducing the dissonance by amending their message. Notice of an impending apocalypse was converted to a message of love from God and a warning for the future. The failed experiment was interpreted as a pledge
of faith of the followers and a proof of the effectiveness of their prayers, since they had caused the postponement of the fatal date.
Similarly, if the World Health Organization identifies a new disease, or if a laboratory produces a new medicine, it is almost impossible to update all the human doctors in the world about these developments. In contrast, even if you have 10 billion AI doctors in the world – each monitoring the health of a single human being – you can still update all of them within a split second, and they can all communicate to each other their feedback on the new disease or medicine.
