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A mental model everyone should know: The Regret Minimization Framework. This is how Jeff Bezos used this model to decide to start Amazon: I went to my boss and told him, "I'm going to go do this crazy thing — I'm going to start this company selling books online."... show more
25,594 views • 3 years ago •via X (Twitter)
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Corollary: The More Crazy Stories on Your Deathbed Framework

Asymmetric Upside Opportunities are 🔑 • Asymmetric upside is when the upside is much > than the downside. • Asymmetric downside is when the downside is much > than the upside. The goal is to do more things with "Big Reward" and "Small Risk"

And if you think it's "too late" to do any of the things mentioned in this thread, that is simply not true. Don't believe me? Here is the CARFAX.

If you need inspiration on how shooting your shot can truly lead to asymmetric upside results...

Love this story. One of my favorite frameworks.

I come back to this framework so much. My 3 favorite lines: But I knew the one thing I might regret is not having ever tried. And I knew that would haunt me every day. When you think about the long-term, you can really make good life decisions that you won't regret later.

I don't recall where I first heard about this framework, but it's been stuck in my head ever since. So simple, yet clarifying.

Such a powerful framework. "To break a mental model is harder than splitting an atom" - Albert Einstein

Powerful framework to make decisions.

Sounds like long walks with a intelligent colleague is the seed to launching a business. Point noted 🤘

Walking >>>
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Crissy describes her decision to quit the p0rn0graphy industry abruptly after a spiritual realization. “While I was on a film set, … this guy came up to me and asked me if I believed in God and if I wanted a different life,if I wanted to be free. And I knew that was my sign.” “And we talked for a little bit and he’s like, do you want to go outside and pray? And I said, sure. I was on the verge of crying.” “So we went outside and prayed. We sat at this little table, and I asked Jesus to come into my heart. I repented of the things that I had done, and I had decided to turn away and I was never going to go back.” “That encounter was a spiritual wake-up call for me. In that moment, I realized I wanted to leave the pornography industry. I had been praying for God to give me a sign, and when that moment happened, I felt like He had answered my prayer. I knew I had to make a change, and I made the decision to leave, immediately.”
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53,655 views • 2 months ago
