So basically 1. It's a waste of time to be perfect if you haven't found something that works yet. 2. Test as many approaches as possible as quickly as possible until you find the right one. 3. Good ideas will work no matter if you run or if you walk slowly. Extra effort doesn't make a difference 4. Put in extra effort only where it matters, e.g. at the beginning. Be sloppy /take it easy in parts where it doesn't matter to save time
@lclemons123 maybe. But i often find if you summarize and simplify things too much, nobody can understand them anymore 😆 Like when business people tell you you need to work hard, they don't really mean you need to work hard like an employee. What they mean is you need to be there for your business and improve it constantly, but the actual work still needs to be done by your employees, otherwise the owner doesn't have the energy and time to improve their business
What's strange is that i somehow instinctively knew these things & applied them when i was a young child, but over time & trauma flushed them out of my mind lol
If you come up with a great idea that resonates with people, you'll know after a little testing. After that, execute and follow through. Tweak it every now and then to make it better for your customers. Grinding/hustling/whatever only comes into it if you just enjoy pain. Some people live for the pain. Fine. But it's not necessary 99% of the time. Many influencers of the grifter/con artist variety push this "always grind, always hustle" mentality stuff and it's 100% bullshit. People like to hear it because they think they can be successful with a simple step: "If ah sweat, ah becum rich!" Most of them will never sweat or they'll sweat but keep eating up the con artists' slop, watching endless videos, going to events, buying subscriptions and books and other garbage and then... be a broke, sweaty mess. A handful will get lucky, give testimonials, and the grift will press on. If you have a billion dollar idea, learn how to execute it, discover/build an audience for it, and then execute it, you will probably succeed. The catch is that your idea probably isn't good enough. Grifters LOVE to say "ideas are free! Everybody has a great idea! Nobody works hard enough!" But it's total bullshit. Yeah, you have to do some work. But it's not the most important ingredient and work is usually required, but it's usually not that hard unless you really want it to be or have convinced yourself that it's "supposed to be." The "great idea" part is the hardest part and learning to recognize and develop great ideas is a skillset that can be developed. Or you can get lucky with a flash of inspiration (the most common way). But it doesn't have to be "luck". That's another grifter myth.
But then you have the cost of leaving earlier. What would you have done with that time if not leaving earlier? A little extra sleep matters especially cumulative four days a week. Later in the days, you may still have had work day items curtailing an earlier departure for the airport. What is the cost benefit tradeoff for leaving earlier? It does have a cost.
@@mbelfonte not true. What he is saying is that the plane will still leave you. Even if you’re on time. Time isn’t the issue. It’s about giving what the market wants.
NO. maybe you *shouldn't* bother to leave earlier - this is what the kid fails to understand in the message the older gentleman is giving. Making the plane or not making the plane was not that vital to your overall success. Yet it was overemphasized in the guy's mind. Just like how good your graphics are in a presentation might have no effect on whether you get funding or not.
@@tbd407 No that wasn't the point. the point was that being late and RUNNING for the plane ended up almost 50/50 chance of getting on the plane, so don't run. its either delayed or left on time - if you don't run, you'll catch all the planes that are delayed. Just as many as if you had run.
The illusion of value is enough. Lots of rich people out there who sell stuff nobody truly needs but mastered the art of marketing. It's unethical maybe but it works.
@@laaaliiiluuu What is the difference, though? I'm not equipped to tell someone else what they value. If I put my product out there and try to convince people to buy it, I am marketing toward their their values. I don't know how to force people to value something.
@EricSmith9000 Are e.g. hard addictive and destructive drugs really for someone's VALUES or aren't they rather preying on the vulnerabilities on someone's BIOLOGY?
Here we go, another one of those vague statements I've heard a million times before like: 'just wake up early' or 'clean your room'. What is value? Different people value different things, for example: people value honesty, can you be successful by being honest? No. People value clean environment around them, can you be successful as a bin man? No.
Define value? It’s all bs. If by success you mean winning financially, then it’s all about transferring/taking money from someone/entity/company to you
TLDR: Sprint at the start to build up some momentum and advantage, then pace yourself for the duration. Test quickly and often so that you fail faster to find the winning ideas most quickly, then focus and commit.
Even when you sprint you’re using strategy, which is working smart. Yes it also entails hard work. But once you get ahead, you can take more time to figure out how to work smart rather than work hard.
You can be successful without hard work though you’d also happen to be exceptionally lucky. A different set of problems can arise from those so lucky if they fail to recognize their luck.
You can surely delegate all the needed hard work.... The fact is nothing is actually easy what you find easy is hard work for others that's what makes the situation fluid
He makes so much sense as the CEO of a med tech start up his insight is honest. The philosophy of working 18 hours a day and hoping for a break will only break yourself. The only CEOs that propose this are the ones that want to stand on employee shoulders and take the credit. When the employee is burnt out and divorced, they throw them out and get another naive graduate to do the hours.
Y'all are missing what he's saying. Working hard is putting your effort into 100% of the things involved to *insert goal*. Working smart is putting your effort into the 20% of the things that deliver 80% of the results to *insert goal*. In the plane example, the 20% that delivers the 80% is having a pre-flight routine that has you in position where you never have to run for a plane in the first place. If you've already screwed that up, running for the plane isn't the reason you make it. You didn't miss the plane because you didn't run, you missed the plane because you didn't have the proper pre-flight plan from jump.
The vast majority of well off people had the metaphorical private jets that took off when they arrived. I get that it doesn't help the rest of us to focus on that but it is the truth. All we can do is try to make our "flights" but don't ever be putting these rich folks who are successful up on some pedestal, you'll find near all of them had it easy in life regardless of what they try and tell you about their "hard work". My father worked very hard in construction and ended up running construction sites. At the end of the day he still worked for men who were born with the silver spoon who never had to work like he did. They were just born into a higher class with more opportunities.
you have it half right. what he's saying is his punctuality on every one of those flights was not going to make him successful in his job, it was the product. So putting effort into the proper pre-flight strategy would fall under the 80% of not-as-important-activities, not the crucial 20% that moves the needle. Like checking the graphics on a presentation at 2am the night before, the solution is not to think ahead about your graphics or hire a graphics whiz in advance, it's to realize that graphics aren't going to make or break it. And if you're late for 20% of your flights, but you apologize and you have an amazing product, you will be successful. If you're on 100% of your flights on time and your product is just okay, you're going to be looking for a new job in a year
Pareto Principle. Little Ripper is right as well, everyone who says "I worked bloody hard" to get X, Y, Z the implication is that other people didn't. There's also the BS that certain people are "poor" or not as successful because they didn't work hard enough. A single mother with 3 kids who has 2 jobs probably works as hard, if not harder than some CEO with more money than God and definitely as much as someone making £50k a year. Luck and circumstances plays a big part. Unfortunately, some people are born 3-0 up and think they've scored a hat trick.
Pretty much some money and make that money work for you. Then keep you regular for bills. Side hustles for partying. It's possible but just gotta have a good balance and SELF CONTROL
I found that respecting people and time. know your stuff, have discipline, integrity. Plan well and work hard when necessary will do you well through life.
What matters is having the right people who are supportive. Even if your are the worst candidate for the job, they'll still hire you and support you towards doing a good job
Depends on the job. Some jobs actually require competence. Some people just lack the capability no matter how much support is given to them. Employee job mismatch. Example - You can't turn a Failing pot smoking D student with no ambition, no hand eye coordination, no aptitude for engineering, and a bad attitude inyo a freaking astronaut. You need good soil to grow strong Trees.
@@LaitoChen you're right, it's mainly because he is not passionate about such job. That same candidate will perform better if he position himself within a career that align with his passion. He will be eager to learn and improve but if he is not passionate about his job, then no one can help him.
Talent is no joke… I have witnessed people accomplish on their third try what others have spent half a lifetime to master. This level is rare and truly awesome to behold. Also the ability to work dog hard is also a talent to some extent, not just a decision.
@@Hexspa If that were true every kid in sports would be a pro athlete. Kids in music lessons would all be rockstars. Adults wouldn't be able to learn anything new. There's also intuitive talent that doesn't require lessons.
@@PabloGonzalez-hv3td That's not true at all. Look into it and you'll see that kids who are born at the right time have an advantage. Ideally, they're as developed as possible yet young. For instance, if try outs for football are in September, your ideal birthday is October 1st. This is because you'll be biggest for your age by then. I've looked into this fairly deeply. The bottom line is that, yes, there are certain genetic advantages one may have but that is not talent but physical attribute. And, yes, passive learning is possible and I already account for that in my first comment. Talent is an abstraction and means different things to different people. As such, if you want to know what makes someone perform as they do you need to look at more concrete metrics. In my opinion, believing in talent is like believing in magic. It's not scientific and it ultimately hinders our ability to grow.
@@GOATPoets I'm not sure talent = genius. I can snowboard and play guitar rather well but I'm no genius in either field. And before I took lessons I couldn't ride 5 feet or play a single chord on my own intuition. I'm now better at both than I ever thought I could be, after starting "late", and better than many that started as kids. But only because an outside source helped me learn.
Hard work without thinking is not effective, neither is thinking without hard work. What is true for you depends upon which end of the spectrum you currently find yourself on.
The argument for hard work, simply is this : That in a numbers game the odds of success are increased by the number of inputs you input. Action beats not acting most of the times. But obviously in a competition between action and “smart action”, obviously “Smart action “ wins.
However, in some arenas no matter how hard you work you cannot beat out talent. Professional athletics comes to mind, and in many areas of business - if someone just has a high degree of talent in a field they will almost always be better than someone who just works really hard. You cannot be untalented and work hard and expect to succeed based on hard work alone.
@@jdemille79 I have seen untalented businessmen succeed just by iterating and learning from other businesses what the market truly wants. Those untalented businessmen were far from the best, but they were successful. The key thing in business is making adjustments from every feedback you get, and both talented and untalented are capable of that.
Nobody can suddenly become prosperous financially. Although they did the background work, we mostly see the ultimate product. Fear is a harmful factor that prevents us from making the courageous decisions we need to make in order to achieve our goals. You have to deal with things like inflation, the recession, Fed policies, and more. In just a few months, I was able to add $289k to my portfolio.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant my financial advisor…. and everything changed. in the first quarter of last year i made $370k and counting
I have no advisor whatsoever, and this recent decline, which I believe was brought on by inflation brought on by war, among many other causes, really hurt my portfolio. Who would you advise that I reach out to in situations like this?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
My take on the plane metaphor is that chasing doesn’t serve you when trying to reach your goal. Whether you chase the plane or chase your goals, the factor of chasing or “running” doesn’t help or serve you within that journey. You either accomplish it or you don’t but chasing and running is infinitesimal in relation to how you’ve prepared and planed your course of action. Don’t let last minute mishaps alter your chances of reaching your outcome so better prepare yourself and calculate smart decisions to avoid hard unnecessary work. Stick to your plan, stick to your intuition and trust in yourself that things will work out in your favor no matter the result.
People who are not successful would say something like this. It's about creating an unfair edge through working smart and also a lot, creating insane outcomes.
Lol! I was a felon since I was a teen. I spent the last 15 years working in the film industry working for Netflix, Sony, Marvel, hulu, Apple. I can go on. Simply I have worked for every major company. You do have full control of your life. Yes you don't have control of the outcomes. I got rejected every month for 7 months and on the 8 month I got into the movie union and its all history. Nothing given to me, I waited patiently and when opportunity came, I was the hungrier then everyone else and climbed to the top. You have control. It first starts in the mind
Amazing insight!! Love the strategy of testing ideas fast in order to see what clicks in terms of product market fit. Thank you so much for sharing this! ✨
Finally, a refreshingly honest take on success that goes beyond the ‘work 24/7 hustle.’ Marc’s triathlon and ‘running for the plane’ analogies nailed it: you have to sprint at key moments, but obsessively grinding won’t fix deeper problems. Netflix is living proof-it’s about testing relentlessly, finding that 1% that really matters, and pacing yourself for the long game. Absolute gold!
That is so true. Most of the time, the end results are already determined early on, you just think there is a chance to change them if you try hard enough. The chance of running to the plane and just making it are very slim. Either you were going to be on time walking or you probably missed it. The issue started back when you left the house late, you already missed the chance to catch the plane when you left, you just thought if you drove fast and ran, you could catch it, but that was just wasted energy and stress.
I worked really hard at a past job helping my boss clean out the basement and reorganize dead stock. He started selling the stock online and making bank like he hadn't in years. He closed the shop and moved it to his house to save on overhead. I was unemployed for a year and a half. That's working hard!
People are not getting his analogy of “running to the plane”. Time management isn’t what will get you to the plane. What he is really saying is you gotta have what the market wants. Doesn’t matter how hard you work or how prepared you are. If you don’t have product market fit, everything you do doesn’t matter. The plane will leave you. No matter how early you are.
It's not about hard work, it's about luck. You keep trying until you get lucky. Hard work means you have more chances; it's not a guarantee of success.
No because if you have a bad product you can do marketing as hard as you want it's not going to sell. It's more important to realise that you need a better product. So you can't generalize hard work the strategy is way more important😉
I think a lot has to do with sitting on TH-cam listening to the guy whose identical to us, but actually went out and did something rather than thought about doing stuff. Here I am listening to this garbage wondering what the hell am I doing? 😂😂
I love what you do. Bret Weinstein , Netflix Ceo ect.. Very interesting cadence on your podcast. Thanks for great conversation in the long form. Your show helps me slow down and observe and to continue the conversation in my circle. May this find you well and safe Doug 😎
There's truth in this talk. It's about focusing on what matters. I know a colleague who works until midnight making sure her email was phrased just right but I know from talking to others that her emails are too long for most people to read. It is so much more effective to simply talk to the key stake holder face to face.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Exactly! That’s my main concern-finding a lucrative venture amid the current economic downturn. What opportunities are worth exploring in these challenging times
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@mikey43221 I have no advisor whatsoever, and this recent decline, which I believe was brought on by inflation brought on by war, among many other causes, really hurt my portfolio. Who would you advise that I reach out to in situations like this?
Work isn't hard when you are having fun or the ideas flow or your team is in sync! People tell you it's hard work because you are a threat or they want to seem smarter than you. To close a billion dollar job can long, need money from other sources, be delayed several times because of deceit, but I bet you each connection is someone who does their part with ease. That's why we can find people who say, "I can get that done today." The right connections might equal success! I'm just saying. 😊 Thank you for the video!
This is the best idea I’ve ever heard about hard work. If it’s a good idea, it doesn’t matter if you polish the details at the beginning or not. If it’s a bad idea, no matter how hard you work on it, it will still be bad.
Dont stock to the thumbnail, listen to what he is saying . Earlier in your career you have to work very hard but you cannot work at this pace throughout the year. Everybody needs to work hard, please listen to it carefully.
You literally don’t. I don’t work as hard as my father. I’ve had better opportunities at life. When you say something is hard work you’re just an asshole trying to shut the door on other people. If you show someone how easy it actually is you’d have a lot more people doing it. If someone had told me being a doctor was easier than I thought it would be I would have gotten my MD sooner. It legitimately is not that hard. You get into the swing of it. Most doctors aren’t perfect either. I was discouraged by these ideas that it required this immense hard work when in actuality it required as much hard work as just being alive. Everything is hard work anyway. Literally nothing is harder work than anything else.
Assertiveness and Luck. Consistency and determination are the only aspects of hardwork that CAN pay off, but they’re not gonna work without the assertiveness and luck.
"If hard work was all it took to be successful then the richest people would be coal miners" Its effort x Idea, so if the idea is big, the even with a little push, it creates an entire domino affect, but if the idea is small, even with the strongest push you wont be able to make a difference. Thats one good lesson from this video.
The secret to success is convincing others that you deserve the fruits of their labor because you and only you can transform that fruit into trees for the future
You still need luck at the end of the day. Most of the people I know who are rich/successful didn't work smarter or harder, mommy and daddy gave them opportunities the rest of us didn't have.
People at Tim Hortons work hard, janitors work hard and labourers work hard etc. Most people work hard so that isn't what separates successful and unsuccessful. The difference is opportunities you were born into and your biology. Your health, who you know(who your parents are and know), how you are brought up and what your biology is predisposed to be able to do are what makes the difference. Hard work is something you have to do anyways just to survive let alone be successful.
I worked very hard in a corporate career, late nights, early morning, weekends - it paid off, I became successful. Looking back probably I could have worked “smarter” but it was the grind. The only real difference I would make is I would have started investing in stocks sooner
What could you have done "smarter"? Im doing well in my career right now. First at an agency as Account Executive, then Consultant now Strategy Advisor at a Retailer. I want to go to manager, director and CEO in the future.
@@lolzorkont as an exec I can now work “smarter” in the sense that I can make faster decisions on what to do and what not to do for the highest value/ return on investment but I don’t think I would be able to make these decisions if I didn’t have all the experience of “working hard” ie learning the hard way of what works and what doesn’t work by doing the grind, making mistakes etc. Unless you are naturally talented then a lot of people just need to go through the “ hard work (learning) phase. When my team ask me for a decision now, my “smartness” is really just that I probably did something similar years ago and learned from it
@@lolzorkont so the only advice I can give you is to try to get involved in as many projects that touch multiple parts of the business as possible, the more exposure to how the business works the better, try new things, propose ideas, take some risks and learn from the mistakes. Maybe there is a faster way but I took me years and also most people will
Your comparison isn't quite apt. He's discussing entrepreneurship, not a corporate job. Running a company is entirely different from being a key player within one. It's like owning the sports team versus being a player; each role comes with distinct responsibilities and dynamics.
The video focuses on trading mistakes no trader should make. You'll be empowered to bring your trading on the right track and learn which trading mistakes to avoid. Don't forget to comment below this video with your favorite advice because i believe we do learn everyday and in different places, so please lets share insights and ideas here.
Successful trading is all about knowledge, experience and discipline, and you can achieve these virtues from anywhere with access to the markets. You can go anywhere and do anything you want, and still bring home money. What's better than going on vacation AND making MONEY?
ADDILYN MADRIS AMBROSE understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional .
Ms Addilyn Madris Ambrose was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Addilyn Madris.
I was thinking about how the faster testing feedback loop paralleled really well with continuous delivery in software - though, ideally, with fewer mistakes in the software :P Great insights.
I learned later than I should've that you got to chase your paths to figure out the dead ends, like he talked about. Figure out what doesn't work faster, so you don't lose time. Alas.
'If you don't want to miss the plane leave earlier' something I've always done is arrive early for work why? So I don't rush, my mind is clear I can see the day ahead and this helps me to be ready for the possibility of things going wrong or the unexpected, again why because I'm organised and calm not stressed, so my mind is clear 😊 I can never understand arriving just on time or lateness on a regular basis 😅
You become a person who can put out energy to get what they want even if most of the time it doesn't make a difference, so that the rare time it makes a difference, you will exert your energy quickly and effortlessly, and achieve your goals while those people who turned their noses up at getting dusty and sweaty and only put out energy when they and everyone else know it will make a difference are still tying their shoes.
Hard work is not just putting in as many hours as possible. It’s to gain knowledge in the right places on a consistent basis not being tied to a 9-5 time window and applying that knowledge to move further on the path.
The other analogy for the triathlon is that those in the front have the most advantage and don't have to work as hard to stay there as those behind need to in order to get there.
I feel the same… i run to make a difference. If im on time i walk. I feel like he is saying it if you run every single time, it mostly wont make a difference. Yes of course, because most of the times you are on time and some other times flights are delayed so it wouldnt make a difference. The times i ran to the airplane, i barely made it and if i had walked i wouldn’t have made it. I dont know if it was the best example/analogy.
You have to learn to work hard before you can begin to work smart. Over time if your successful (and stay blessed by God to remain healthy) your smart work can then begin to overtake hard work until it dominates.
They solved their inventory storage problem through subscription. Now people happily pay a subscription fee instead of dreading a late fee. They turned their greatest weakness into their greatest strength.
📺 Watch the full episode here
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“Be smart at the things you choose to focus on”
Thank .
the hero we need. Time is life
Thank you
OMG
Ditto
This is very smart
So basically
1. It's a waste of time to be perfect if you haven't found something that works yet.
2. Test as many approaches as possible as quickly as possible until you find the right one.
3. Good ideas will work no matter if you run or if you walk slowly. Extra effort doesn't make a difference
4. Put in extra effort only where it matters, e.g. at the beginning. Be sloppy /take it easy in parts where it doesn't matter to save time
which to summarize is that you have to work hard and at the same time cope with the fact that, whether you like it or not, luck is above you
@lclemons123 maybe. But i often find if you summarize and simplify things too much, nobody can understand them anymore 😆
Like when business people tell you you need to work hard, they don't really mean you need to work hard like an employee.
What they mean is you need to be there for your business and improve it constantly, but the actual work still needs to be done by your employees, otherwise the owner doesn't have the energy and time to improve their business
What's strange is that i somehow instinctively knew these things & applied them when i was a young child, but over time & trauma flushed them out of my mind lol
great
If you come up with a great idea that resonates with people, you'll know after a little testing. After that, execute and follow through. Tweak it every now and then to make it better for your customers.
Grinding/hustling/whatever only comes into it if you just enjoy pain. Some people live for the pain. Fine. But it's not necessary 99% of the time.
Many influencers of the grifter/con artist variety push this "always grind, always hustle" mentality stuff and it's 100% bullshit. People like to hear it because they think they can be successful with a simple step: "If ah sweat, ah becum rich!" Most of them will never sweat or they'll sweat but keep eating up the con artists' slop, watching endless videos, going to events, buying subscriptions and books and other garbage and then... be a broke, sweaty mess. A handful will get lucky, give testimonials, and the grift will press on.
If you have a billion dollar idea, learn how to execute it, discover/build an audience for it, and then execute it, you will probably succeed. The catch is that your idea probably isn't good enough. Grifters LOVE to say "ideas are free! Everybody has a great idea! Nobody works hard enough!" But it's total bullshit. Yeah, you have to do some work. But it's not the most important ingredient and work is usually required, but it's usually not that hard unless you really want it to be or have convinced yourself that it's "supposed to be." The "great idea" part is the hardest part and learning to recognize and develop great ideas is a skillset that can be developed. Or you can get lucky with a flash of inspiration (the most common way). But it doesn't have to be "luck". That's another grifter myth.
That “running to the plane is not what makes the difference” part is clutch!!
“If you wanna make the plane, you leave earlier. “😮💨😮💨
But then you have the cost of leaving earlier. What would you have done with that time if not leaving earlier? A little extra sleep matters especially cumulative four days a week. Later in the days, you may still have had work day items curtailing an earlier departure for the airport. What is the cost benefit tradeoff for leaving earlier? It does have a cost.
@@mbelfonte not true. What he is saying is that the plane will still leave you. Even if you’re on time. Time isn’t the issue. It’s about giving what the market wants.
@@patrioticgrind Nope, if he were there a day ahead of the flight, he would have 100% certainty of making it.
NO. maybe you *shouldn't* bother to leave earlier - this is what the kid fails to understand in the message the older gentleman is giving. Making the plane or not making the plane was not that vital to your overall success. Yet it was overemphasized in the guy's mind. Just like how good your graphics are in a presentation might have no effect on whether you get funding or not.
@@tbd407 No that wasn't the point. the point was that being late and RUNNING for the plane ended up almost 50/50 chance of getting on the plane, so don't run. its either delayed or left on time - if you don't run, you'll catch all the planes that are delayed. Just as many as if you had run.
Creating value for other people creates success.
The illusion of value is enough. Lots of rich people out there who sell stuff nobody truly needs but mastered the art of marketing. It's unethical maybe but it works.
@@laaaliiiluuu What is the difference, though? I'm not equipped to tell someone else what they value. If I put my product out there and try to convince people to buy it, I am marketing toward their their values. I don't know how to force people to value something.
@EricSmith9000
Are e.g. hard addictive and destructive drugs really for someone's VALUES or aren't they rather preying on the vulnerabilities on someone's BIOLOGY?
Here we go, another one of those vague statements I've heard a million times before like: 'just wake up early' or 'clean your room'.
What is value? Different people value different things, for example: people value honesty, can you be successful by being honest? No. People value clean environment around them, can you be successful as a bin man? No.
Define value? It’s all bs. If by success you mean winning financially, then it’s all about transferring/taking money from someone/entity/company to you
TLDR: Sprint at the start to build up some momentum and advantage, then pace yourself for the duration. Test quickly and often so that you fail faster to find the winning ideas most quickly, then focus and commit.
Well said
Even when you sprint you’re using strategy, which is working smart. Yes it also entails hard work. But once you get ahead, you can take more time to figure out how to work smart rather than work hard.
hard work does not necessarily equal success, but avoiding needed hard work ensures failure.
Something in middle and trying out different things
No every situation and individual will have different ratios of hard work to success
Not necessarily...
You can be successful without hard work though you’d also happen to be exceptionally lucky. A different set of problems can arise from those so lucky if they fail to recognize their luck.
You can surely delegate all the needed hard work....
The fact is nothing is actually easy what you find easy is hard work for others that's what makes the situation fluid
Smart work. Work hard when needed.
He makes so much sense as the CEO of a med tech start up his insight is honest. The philosophy of working 18 hours a day and hoping for a break will only break yourself. The only CEOs that propose this are the ones that want to stand on employee shoulders and take the credit. When the employee is burnt out and divorced, they throw them out and get another naive graduate to do the hours.
Y'all are missing what he's saying.
Working hard is putting your effort into 100% of the things involved to *insert goal*.
Working smart is putting your effort into the 20% of the things that deliver 80% of the results to *insert goal*.
In the plane example, the 20% that delivers the 80% is having a pre-flight routine that has you in position where you never have to run for a plane in the first place. If you've already screwed that up, running for the plane isn't the reason you make it.
You didn't miss the plane because you didn't run, you missed the plane because you didn't have the proper pre-flight plan from jump.
The triathlon example resonated much stronger with me.
The vast majority of well off people had the metaphorical private jets that took off when they arrived. I get that it doesn't help the rest of us to focus on that but it is the truth. All we can do is try to make our "flights" but don't ever be putting these rich folks who are successful up on some pedestal, you'll find near all of them had it easy in life regardless of what they try and tell you about their "hard work". My father worked very hard in construction and ended up running construction sites. At the end of the day he still worked for men who were born with the silver spoon who never had to work like he did. They were just born into a higher class with more opportunities.
you have it half right. what he's saying is his punctuality on every one of those flights was not going to make him successful in his job, it was the product. So putting effort into the proper pre-flight strategy would fall under the 80% of not-as-important-activities, not the crucial 20% that moves the needle. Like checking the graphics on a presentation at 2am the night before, the solution is not to think ahead about your graphics or hire a graphics whiz in advance, it's to realize that graphics aren't going to make or break it. And if you're late for 20% of your flights, but you apologize and you have an amazing product, you will be successful. If you're on 100% of your flights on time and your product is just okay, you're going to be looking for a new job in a year
Pareto Principle. Little Ripper is right as well, everyone who says "I worked bloody hard" to get X, Y, Z the implication is that other people didn't. There's also the BS that certain people are "poor" or not as successful because they didn't work hard enough. A single mother with 3 kids who has 2 jobs probably works as hard, if not harder than some CEO with more money than God and definitely as much as someone making £50k a year. Luck and circumstances plays a big part. Unfortunately, some people are born 3-0 up and think they've scored a hat trick.
Pretty much some money and make that money work for you. Then keep you regular for bills. Side hustles for partying. It's possible but just gotta have a good balance and SELF CONTROL
Great advice. You sometimes feel your gut screaming out that something is right. For me, this is one of them.
I found that respecting people and time. know your stuff, have discipline, integrity. Plan well and work hard when necessary will do you well through life.
Great advice and very refreshing to see the failures and triumph of very successful people who have impacted millions of lives.
This is one of the most valuable lessons people need to learn
We talk in generalities, but live in detail.
😮
That was spoken generally in a detailed manner. 😂
”I find success favors the prepared" - Edna, Incredibles
Work hard in implementing the right strategy and the success will follow
What matters is having the right people who are supportive. Even if your are the worst candidate for the job, they'll still hire you and support you towards doing a good job
Depends on the job. Some jobs actually require competence. Some people just lack the capability no matter how much support is given to them. Employee job mismatch. Example - You can't turn a Failing pot smoking D student with no ambition, no hand eye coordination, no aptitude for engineering, and a bad attitude inyo a freaking astronaut. You need good soil to grow strong Trees.
@@LaitoChen you're right, it's mainly because he is not passionate about such job. That same candidate will perform better if he position himself within a career that align with his passion. He will be eager to learn and improve but if he is not passionate about his job, then no one can help him.
Nice not having bumper to bumper ads, it allows me to share your channel with 10 people everytime....
Timing is everything. Knowing people doesn’t hurt either.
He found his meaning in life right there, at that moment.
"Work smarter, not harder." Uncle Scrooge was my life coach at age 7.
You have to work hard to know how you work smart. There's no short cuts
why not both if u enjoy it ofc. why even spend 1 sec in any momemnt on what u enjoy less than 100%
@afroxyzz Experience in the field leads to better decisions,smarter choices.
Talent is no joke… I have witnessed people accomplish on their third try what others have spent half a lifetime to master. This level is rare and truly awesome to behold. Also the ability to work dog hard is also a talent to some extent, not just a decision.
The ability to work dog hard is often linked to the work being meaningful and important to you
There’s no talent: only early exposure, a conducive environment, and an applied desire to succeed.
@@Hexspa If that were true every kid in sports would be a pro athlete. Kids in music lessons would all be rockstars. Adults wouldn't be able to learn anything new. There's also intuitive talent that doesn't require lessons.
@@PabloGonzalez-hv3td That's not true at all. Look into it and you'll see that kids who are born at the right time have an advantage. Ideally, they're as developed as possible yet young. For instance, if try outs for football are in September, your ideal birthday is October 1st. This is because you'll be biggest for your age by then.
I've looked into this fairly deeply. The bottom line is that, yes, there are certain genetic advantages one may have but that is not talent but physical attribute. And, yes, passive learning is possible and I already account for that in my first comment.
Talent is an abstraction and means different things to different people. As such, if you want to know what makes someone perform as they do you need to look at more concrete metrics.
In my opinion, believing in talent is like believing in magic. It's not scientific and it ultimately hinders our ability to grow.
@@GOATPoets I'm not sure talent = genius. I can snowboard and play guitar rather well but I'm no genius in either field.
And before I took lessons I couldn't ride 5 feet or play a single chord on my own intuition. I'm now better at both than I ever thought I could be, after starting "late", and better than many that started as kids. But only because an outside source helped me learn.
Love the stories he uses to illustrate his point.
Love this. This helps with procrastination and perfection. Just get on with it and better ideas and processes will naturally just pop up.
Can not stress how invaluable this advice is
Fantastic clip, especially the part about the quick idea testing process at Netflix. Thank you!
Hard work without thinking is not effective, neither is thinking without hard work. What is true for you depends upon which end of the spectrum you currently find yourself on.
Good point
Well said
there are 2 things i understand through this video. A person like this always have prioritize effectivity and efficiency.
Working hard to be the best is what matters. What that best is depends on situation
The argument for hard work, simply is this : That in a numbers game the odds of success are increased by the number of inputs you input. Action beats not acting most of the times. But obviously in a competition between action and “smart action”, obviously “Smart action “ wins.
However, in some arenas no matter how hard you work you cannot beat out talent. Professional athletics comes to mind, and in many areas of business - if someone just has a high degree of talent in a field they will almost always be better than someone who just works really hard. You cannot be untalented and work hard and expect to succeed based on hard work alone.
@@jdemille79 I have seen untalented businessmen succeed just by iterating and learning from other businesses what the market truly wants. Those untalented businessmen were far from the best, but they were successful. The key thing in business is making adjustments from every feedback you get, and both talented and untalented are capable of that.
Athletics is all Hard Work. In fact exercise and becoming fit is probably the only thing that is constant when you put in the work@@jdemille79
I like the phrase " Hard work beats talent when talent doesn't work hard"
It's the first time I have actually subscribed when asked to. Keep on brining us the good stuff ;)
"The Early Bird catches the Worm,but the Second mouse gets the Cheese"
Nobody can suddenly become prosperous financially. Although they did the background work, we mostly see the ultimate product. Fear is a harmful factor that prevents us from making the courageous decisions we need to make in order to achieve our goals. You have to deal with things like inflation, the recession, Fed policies, and more. In just a few months, I was able to add $289k to my portfolio.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant my financial advisor…. and everything changed. in the first quarter of last year i made $370k and counting
I have no advisor whatsoever, and this recent decline, which I believe was brought on by inflation brought on by war, among many other causes, really hurt my portfolio. Who would you advise that I reach out to in situations like this?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
My take on the plane metaphor is that chasing doesn’t serve you when trying to reach your goal. Whether you chase the plane or chase your goals, the factor of chasing or “running” doesn’t help or serve you within that journey. You either accomplish it or you don’t but chasing and running is infinitesimal in relation to how you’ve prepared and planed your course of action. Don’t let last minute mishaps alter your chances of reaching your outcome so better prepare yourself and calculate smart decisions to avoid hard unnecessary work. Stick to your plan, stick to your intuition and trust in yourself that things will work out in your favor no matter the result.
Hard work and "grinding" is more of a psychological coping mechanism to deal with the fact that we have little control over our lives.
People who are not successful would say something like this. It's about creating an unfair edge through working smart and also a lot, creating insane outcomes.
Lol! I was a felon since I was a teen. I spent the last 15 years working in the film industry working for Netflix, Sony, Marvel, hulu, Apple. I can go on. Simply I have worked for every major company. You do have full control of your life. Yes you don't have control of the outcomes. I got rejected every month for 7 months and on the 8 month I got into the movie union and its all history. Nothing given to me, I waited patiently and when opportunity came, I was the hungrier then everyone else and climbed to the top. You have control. It first starts in the mind
People can make quite a few decisions in life.
Cope this cope that. Think of something original
What’s the difference from free will and control ? I’m just wondering cause Robert sapolsky doesn’t believe we have free will at all.
Amazing insight!! Love the strategy of testing ideas fast in order to see what clicks in terms of product market fit. Thank you so much for sharing this! ✨
Freaking great interview 👍 I love to see more interviews from this guy awesome!
Marc is such a cool personable person and founder. Always nice, helpful and insightful. One of the best CEOs of our time too.
Finally, a refreshingly honest take on success that goes beyond the ‘work 24/7 hustle.’ Marc’s triathlon and ‘running for the plane’ analogies nailed it:
you have to sprint at key moments, but obsessively grinding won’t fix deeper problems. Netflix is living proof-it’s about testing relentlessly, finding that 1% that really matters, and pacing yourself for the long game. Absolute gold!
The 'no late fees' revelation hit me hard. It's true, sometimes it's not the extra effort that counts, but knowing where to focus your energy. 🔥
What a unique way to look at and approach entrepreneurship. Great interview.
That is so true. Most of the time, the end results are already determined early on, you just think there is a chance to change them if you try hard enough. The chance of running to the plane and just making it are very slim. Either you were going to be on time walking or you probably missed it. The issue started back when you left the house late, you already missed the chance to catch the plane when you left, you just thought if you drove fast and ran, you could catch it, but that was just wasted energy and stress.
Thank you for doing clips. I can’t always watch your full channel because I don’t have an hour to sit and watch it
I worked really hard at a past job helping my boss clean out the basement and reorganize dead stock. He started selling the stock online and making bank like he hadn't in years. He closed the shop and moved it to his house to save on overhead. I was unemployed for a year and a half. That's working hard!
I love the idea that you try many bad ideas and learn from those failures to find something that works.
People are not getting his analogy of “running to the plane”. Time management isn’t what will get you to the plane. What he is really saying is you gotta have what the market wants. Doesn’t matter how hard you work or how prepared you are. If you don’t have product market fit, everything you do doesn’t matter. The plane will leave you. No matter how early you are.
No he really is talking about running to the Airport its just that simple
😂@@musawenkosibrianmajola6729
Bigger things matter more than the little things while the little things can be time voids.
@@musawenkosibrianmajola6729 that’s why you’re never going to make it into the plane.
@musawenkosibrianmajola6729 and then he says ... it's a metaphor.
Good idea is not enough alone, great processes and systems are better.
It's not about hard work, it's about luck. You keep trying until you get lucky. Hard work means you have more chances; it's not a guarantee of success.
And the odds are still pretty slim.
Bingo
No because if you have a bad product you can do marketing as hard as you want it's not going to sell. It's more important to realise that you need a better product. So you can't generalize hard work the strategy is way more important😉
What is luck?
I think a lot has to do with sitting on TH-cam listening to the guy whose identical to us, but actually went out and did something rather than thought about doing stuff. Here I am listening to this garbage wondering what the hell am I doing? 😂😂
I love what you do.
Bret Weinstein , Netflix Ceo ect..
Very interesting cadence on your podcast.
Thanks for great conversation in the long form.
Your show helps me slow down and observe and to continue the conversation in my circle.
May this find you well and safe
Doug 😎
There's truth in this talk. It's about focusing on what matters. I know a colleague who works until midnight making sure her email was phrased just right but I know from talking to others that her emails are too long for most people to read. It is so much more effective to simply talk to the key stake holder face to face.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
No, its bullshit just like the book "The Secret"
What is the technique spambot?
🤖buy the book and you’ll find out
@@nostalgia9338😂
Very Very Smart men and smart words
Wow. First time in a long time heard something useful
Naturally honest talk❤️
Absolutely Right...I Prepare Everyday of My Life, Mostly Mentally....So i stay ready💃
Perfect analogy for not cramming for exams.
👍 Right
Amazing insights. So good. Thanks for sharing this clip!
Great insight, very inspirational, thank you!
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Exactly! That’s my main concern-finding a lucrative venture amid the current economic downturn. What opportunities are worth exploring in these challenging times
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@mikey43221 this is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?
@@mikey43221 I have no advisor whatsoever, and this recent decline, which I believe was brought on by inflation brought on by war, among many other causes, really hurt my portfolio. Who would you advise that I reach out to in situations like this?
Work isn't hard when you are having fun or the ideas flow or your team is in sync! People tell you it's hard work because you are a threat or they want to seem smarter than you. To close a billion dollar job can long, need money from other sources, be delayed several times because of deceit, but I bet you each connection is someone who does their part with ease. That's why we can find people who say, "I can get that done today." The right connections might equal success! I'm just saying. 😊 Thank you for the video!
This is the best idea I’ve ever heard about hard work. If it’s a good idea, it doesn’t matter if you polish the details at the beginning or not. If it’s a bad idea, no matter how hard you work on it, it will still be bad.
Hardwork with critical and strategic thinking will put in a much better position when the right time and right opportunity comes
Dont stock to the thumbnail, listen to what he is saying . Earlier in your career you have to work very hard but you cannot work at this pace throughout the year. Everybody needs to work hard, please listen to it carefully.
You literally don’t. I don’t work as hard as my father. I’ve had better opportunities at life. When you say something is hard work you’re just an asshole trying to shut the door on other people. If you show someone how easy it actually is you’d have a lot more people doing it. If someone had told me being a doctor was easier than I thought it would be I would have gotten my MD sooner. It legitimately is not that hard. You get into the swing of it. Most doctors aren’t perfect either. I was discouraged by these ideas that it required this immense hard work when in actuality it required as much hard work as just being alive. Everything is hard work anyway. Literally nothing is harder work than anything else.
Assertiveness and Luck.
Consistency and determination are the only aspects of hardwork that CAN pay off, but they’re not gonna work without the assertiveness and luck.
"If hard work was all it took to be successful then the richest people would be coal miners"
Its effort x Idea, so if the idea is big, the even with a little push, it creates an entire domino affect, but if the idea is small, even with the strongest push you wont be able to make a difference.
Thats one good lesson from this video.
Thank you, it was useful and informative
The secret to success is convincing others that you deserve the fruits of their labor because you and only you can transform that fruit into trees for the future
SMARTER… NOT HARDER… or if truly blessed… be born LUCKY.
You still need luck at the end of the day. Most of the people I know who are rich/successful didn't work smarter or harder, mommy and daddy gave them opportunities the rest of us didn't have.
Great interview ❤
People at Tim Hortons work hard, janitors work hard and labourers work hard etc. Most people work hard so that isn't what separates successful and unsuccessful. The difference is opportunities you were born into and your biology. Your health, who you know(who your parents are and know), how you are brought up and what your biology is predisposed to be able to do are what makes the difference. Hard work is something you have to do anyways just to survive let alone be successful.
Amazing observation to begin my work after the holidays :)
In french we say: « Du bonbon ». Great advice!
I worked very hard in a corporate career, late nights, early morning, weekends - it paid off, I became successful. Looking back probably I could have worked “smarter” but it was the grind. The only real difference I would make is I would have started investing in stocks sooner
What could you have done "smarter"? Im doing well in my career right now. First at an agency as Account Executive, then Consultant now Strategy Advisor at a Retailer. I want to go to manager, director and CEO in the future.
@@lolzorkont as an exec I can now work “smarter” in the sense that I can make faster decisions on what to do and what not to do for the highest value/ return on investment but I don’t think I would be able to make these decisions if I didn’t have all the experience of “working hard” ie learning the hard way of what works and what doesn’t work by doing the grind, making mistakes etc. Unless you are naturally talented then a lot of people just need to go through the “ hard work (learning) phase. When my team ask me for a decision now, my “smartness” is really just that I probably did something similar years ago and learned from it
@@lolzorkont so the only advice I can give you is to try to get involved in as many projects that touch multiple parts of the business as possible, the more exposure to how the business works the better, try new things, propose ideas, take some risks and learn from the mistakes. Maybe there is a faster way but I took me years and also most people will
@@PkTwothousand Thanks, full understand what you're saying.
Your comparison isn't quite apt. He's discussing entrepreneurship, not a corporate job. Running a company is entirely different from being a key player within one. It's like owning the sports team versus being a player; each role comes with distinct responsibilities and dynamics.
Efficiency and resourcefulness will bring success.
Ty for various insights
holy crap, this is a smart man.
The video focuses on trading mistakes no trader should make. You'll be empowered to bring your trading on the right track and learn which trading mistakes to avoid. Don't forget to comment below this video with your favorite advice because i believe we do learn everyday and in different places, so please lets share insights and ideas here.
Successful trading is all about knowledge, experience and discipline, and you can achieve these virtues from anywhere with access to the markets. You can go anywhere and do anything you want, and still bring home money. What's better than going on vacation AND making MONEY?
ADDILYN MADRIS AMBROSE understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Wow. I'm a bit perplexed seeing Addilyn Madris Ambrose name been mentioned here also. Didn't know she has been good to so many people.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional .
Ms Addilyn Madris Ambrose was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Addilyn Madris.
I was thinking about how the faster testing feedback loop paralleled really well with continuous delivery in software - though, ideally, with fewer mistakes in the software :P Great insights.
Life is a competition, the nature of it is that most people will not be big winners
I learned later than I should've that you got to chase your paths to figure out the dead ends, like he talked about. Figure out what doesn't work faster, so you don't lose time. Alas.
That was a really good analogy
'If you don't want to miss the plane leave earlier' something I've always done is arrive early for work why? So I don't rush, my mind is clear I can see the day ahead and this helps me to be ready for the possibility of things going wrong or the unexpected, again why because I'm organised and calm not stressed, so my mind is clear 😊 I can never understand arriving just on time or lateness on a regular basis 😅
Stellar interview, ty
Simply said: be first, build a moat, say ahead.
Ok, that’s hilarious. “We don’t wanna pay for storage. Let the customers do it. They’ll love it!” And it worked 😄
You become a person who can put out energy to get what they want even if most of the time it doesn't make a difference, so that the rare time it makes a difference, you will exert your energy quickly and effortlessly, and achieve your goals while those people who turned their noses up at getting dusty and sweaty and only put out energy when they and everyone else know it will make a difference are still tying their shoes.
He’s basically talking about and describing escape velocity.
Hard work is not just putting in as many hours as possible.
It’s to gain knowledge in the right places on a consistent basis not being tied to a 9-5 time window and applying that knowledge to move further on the path.
Effective/efficient work is what works. Youngin runs for plane. Wiseman gets there early, goes to airline lounge, has drink, reads the paper😅
Hard work is necessary but not sufficient
The other analogy for the triathlon is that those in the front have the most advantage and don't have to work as hard to stay there as those behind need to in order to get there.
In my experience, running towards the plane (or train) makes a difference. Not all the time, but often enough.
I feel the same… i run to make a difference. If im on time i walk.
I feel like he is saying it if you run every single time, it mostly wont make a difference. Yes of course, because most of the times you are on time and some other times flights are delayed so it wouldnt make a difference. The times i ran to the airplane, i barely made it and if i had walked i wouldn’t have made it. I dont know if it was the best example/analogy.
Not being prepared to be unprepared
That’s him in a nutshell
Investing in yourself with constructive feedback is one path to great success. Stay Uncommon!
if something is good, even if you ruin it its good. If something is bad no matter how well you treat it it wont love you.
You have to learn to work hard before you can begin to work smart. Over time if your successful (and stay blessed by God to remain healthy) your smart work can then begin to overtake hard work until it dominates.
Exactly. Most times, when people talk about smart work it is merely an excuse to avoid hard work
Nothing’s better than waking up at 1pm without feeling bad
Deck, people, he said deck. I think.
They solved their inventory storage problem through subscription. Now people happily pay a subscription fee instead of dreading a late fee. They turned their greatest weakness into their greatest strength.