2–3 minutes

How do you get better and reach your goals faster in life?

You have to be transparent both with yourself and with others. Critiques must be visible to everyone in the organization, this will foster an atmosphere where truth is prioritized over ego.

Open-Mindedness

being open to various perspectives, especially those that challenge your own. This encourages individuals to consider they might be wrong and to seek out disconfirming evidence to their beliefs to achieve a more accurate view of reality.

Pain + Reflection = Progress

Pain: It should be seen as an essential. Pain Is a great teacher; the pain of failure or discomfort signals is where improvement is needed.

Reflection: After experiencing pain, reflection is crucial. This involves:

  • Diagnosing Problems: Understanding what went wrong, why it went wrong, and what can be learned from it.
  • Designing a Solution: Creating actionable steps to prevent the recurrence of the problem.
  • Implementing the Solution: Acting on the insights gained, which might involve personal or organizational changes.

Keep Track of Actions Making You Better, Avoid Actions Making You Worse

The Five-Step Process for Getting What You Want

  • Know Your Goals: Clearly define what you want to achieve.
  • Identify Problems: Recognize what stands in the way of these goals.
  • Diagnose Problems: Understand the root causes of these problems.
  • Design Systems: Come up with ways to tackle these issues.
  • Execute: Put the plan into action, ensuring accountability and follow-through.

Believability-Weighted Decision Making

  • Use a system where decisions, especially in meetings, are influenced by the “believability” of the participants. Believability is based on an individual’s track record, their ability to reason, and their understanding of the subject matter. This system ensures that those with proven expertise have a louder voice in decision-making processes.

Principles

  • Personal Principles: That guide your behavior and decision-making process. These could include ideas like “Be Radically Open-Minded,” “Look for Patterns in Mistakes,” and “Remember That People Are Built Very Differently.”
  • Work Principles: For organizations, one should outline principles for management and culture, like creating an idea meritocracy, where the best ideas win out, regardless of who they come from.

Continuous Iteration

  • Improvement is not a one-time event but an ongoing process. It’s about constantly tweaking and refining based on feedback loops from the real world. This includes revising principles, strategies, and even personal habits based on what works.

Feedback Loops

  • The system thrives on feedback. This involves not only personal reflection but also seeking external feedback through surveys, peer reviews, and performance metrics to ensure that one’s perception aligns with reality.

Your approach will benefit by being systematic, establish a commitment to truth-seeking, learning from mistakes, and an organizational culture that supports these values. A process for improvement is fundamentally about creating a system where personal and collective growth is inevitable due to the structured way in which pain, learning, and adaptation are managed.

This text is composed with inspiration from Ray Dalio


FACT BOX

Meritocracy: A system where individuals advance based on their abilities, talents, and achievements rather than on factors like social class, wealth, or personal connections. In a meritocratic society, rewards, positions, and opportunities are distributed according to merit, often measured by performance, skills, or qualifications.


Review And Adjust Your Actions Regularly, Achieve Your Targets 10x Faster

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