These are the notes that I’ve taken from the Sam Altman’s article on How to be successful. He explains everything in a beautiful manner and I really love it.
13 thoughts about how to achieve outlier success:
1. Compound yourself
- Compounding is magic. Look for it everywhere. Exponential curves are the key to wealth generation.
- As your career progresses, each unit of work you do should generate more and more results.
- The biggest competitive advantage in business - either for a company or for an individual’s career - is long - term thinking with a broad view of how different systems in the world are going to come together.
- In a world where almost no one takes a truly long-term view, the market richly rewards those who do.
2. Have almost too much self-belief
- Cultivate this early. As you get more data points that your judgement is good and you can consistently deliver results, trust yourself more.
- Self-belief must be balanced with self-awareness.
3. Learn to think independently
- One of the most powerful lessons to learn is that you can figure out what to do in situations that seem to have no solution.
4. Get good at “sales”
- Self-belief alone is not sufficient - you also have to be able to convince other people of what you believe.
- Getting good at communication - particularly written communication - is an investment worth making.
- Getting good at sales is like improving at any other skill - anyone can get better at it with deliberate practice.
5. Make it easy to take risks
- Taking risks is important because it’s impossible to be right all the time - you have to try many things and adapt quickly as you learn more.
- It’s often easier to take risks early in your career; you don’t have much to lose, and you potentially have a lot to gain.
6. Focus