1 00:00:00,260 --> 00:00:01,680 Welcome. 2 00:00:01,680 --> 00:00:03,960 Let's delve into a concept that's often overlooked, 3 00:00:03,960 --> 00:00:05,960 embracing inefficiency. 4 00:00:05,960 --> 00:00:08,280 Success isn't about doing things perfectly, 5 00:00:08,280 --> 00:00:11,120 it's about navigating chaos fruitfully. 6 00:00:11,120 --> 00:00:13,280 I didn't reach the peaks of financial success 7 00:00:13,280 --> 00:00:15,440 by polishing routines to shine 8 00:00:15,440 --> 00:00:18,139 but by intentionally placing sand in the gears 9 00:00:18,139 --> 00:00:20,559 to see if the machine could handle it. 10 00:00:20,559 --> 00:00:22,420 First, the pursuit of perfection 11 00:00:22,420 --> 00:00:24,379 and productivity is a mirage . 12 00:00:24,379 --> 00:00:27,280 You set a daily routine, optimize tasks, 13 00:00:27,280 --> 00:00:29,719 hoping to squeeze out maximum efficiency. 14 00:00:29,719 --> 00:00:31,760 What's neglected is the reality. 15 00:00:31,760 --> 00:00:34,779 Markets like life are inherently disorderly 16 00:00:34,779 --> 00:00:35,860 early in my career. 17 00:00:35,860 --> 00:00:38,900 I scheduled time for intentional inefficiencies, 18 00:00:38,900 --> 00:00:40,259 moments where I grappled with 19 00:00:40,259 --> 00:00:42,419 new problems without a roadmap. 20 00:00:42,419 --> 00:00:45,040 It was during these times that I stumbled upon ideas 21 00:00:45,040 --> 00:00:46,919 and solutions, which later became 22 00:00:46,919 --> 00:00:49,220 my most lucrative ventures. 23 00:00:49,220 --> 00:00:51,720 Now the instinct is to streamline, 24 00:00:51,720 --> 00:00:52,939 but here's a twist, 25 00:00:52,939 --> 00:00:55,540 can strain resources on purpose. 26 00:00:55,540 --> 00:00:57,599 When I launched my early projects, 27 00:00:57,639 --> 00:01:00,160 I didn't pool all my capital into them. 28 00:01:00,160 --> 00:01:02,000 I operated on shoestring budgets, 29 00:01:02,000 --> 00:01:04,360 forcing creative problem solving. 30 00:01:04,360 --> 00:01:05,959 Expensive solutions are often 31 00:01:05,959 --> 00:01:07,720 lazy solutions. 32 00:01:07,720 --> 00:01:09,260 When you limit your resources, 33 00:01:09,260 --> 00:01:10,779 money, time, or people, 34 00:01:10,779 --> 00:01:13,120 you necessitate innovation. 35 00:01:13,120 --> 00:01:15,879 I also observed this in my hiring practices. 36 00:01:15,879 --> 00:01:17,800 While many seek the obvious high flyers, 37 00:01:17,800 --> 00:01:19,559 I often recruited individuals with 38 00:01:19,559 --> 00:01:21,440 a history of inordinate challenges, 39 00:01:21,440 --> 00:01:23,480 even from unrelated fields. 40 00:01:23,480 --> 00:01:24,639 Their unfamiliarity was 41 00:01:24,639 --> 00:01:26,519 a boon not a burden. 42 00:01:26,540 --> 00:01:27,680 They brought fresh insights 43 00:01:27,680 --> 00:01:29,300 and questioned industry dogmas 44 00:01:29,300 --> 00:01:31,339 I no longer saw. 45 00:01:31,339 --> 00:01:32,839 Deal with unpredictable elements 46 00:01:32,839 --> 00:01:35,639 to forge a resilient business fabric. 47 00:01:35,639 --> 00:01:37,580 Let's not shy away from failure. 48 00:01:37,580 --> 00:01:39,480 The world glamourizes success stories 49 00:01:39,480 --> 00:01:40,879 but every financier knows 50 00:01:40,879 --> 00:01:42,620 it's the portfolio of failures 51 00:01:42,620 --> 00:01:44,300 that teaches acumen. 52 00:01:44,300 --> 00:01:46,279 Embrace projects that might collapse, 53 00:01:46,279 --> 00:01:47,199 and when they do, 54 00:01:47,199 --> 00:01:49,839 dissect their carcasses for insights. 55 00:01:49,839 --> 00:01:51,300 The counterpoint is, 56 00:01:51,300 --> 00:01:52,820 doesn't this waste time? 57 00:01:52,820 --> 00:01:54,199 It may appear to. 58 00:01:54,220 --> 00:01:56,419 Yet business, like evolution, 59 00:01:56,419 --> 00:01:57,919 progresses not solely 60 00:01:57,919 --> 00:01:59,540 through incremental steps, 61 00:01:59,540 --> 00:02:01,220 but also through significant leaps 62 00:02:01,220 --> 00:02:03,860 born from trial and error. 63 00:02:03,860 --> 00:02:04,940 Give yourself the liberty 64 00:02:04,940 --> 00:02:06,419 to experiment rapidly 65 00:02:06,419 --> 00:02:08,039 and fail fast. 66 00:02:08,039 --> 00:02:09,300 It's the unseen advantage 67 00:02:09,300 --> 00:02:10,220 over competitors 68 00:02:10,220 --> 00:02:11,139 who are too cautious 69 00:02:11,139 --> 00:02:14,020 to step off the well-trodden path. 70 00:02:14,020 --> 00:02:14,940 In the end, 71 00:02:14,940 --> 00:02:16,580 it's less about the hours worked 72 00:02:16,580 --> 00:02:17,740 and more about the work 73 00:02:17,740 --> 00:02:19,460 in those hours. 74 00:02:19,460 --> 00:02:21,240 Challenge conventional wisdom 75 00:02:21,240 --> 00:02:23,139 not for the sake of being contrarian 76 00:02:23,220 --> 00:02:24,220 but to uncover truths 77 00:02:24,220 --> 00:02:25,220 that others miss 78 00:02:25,220 --> 00:02:26,199 because they're too busy 79 00:02:26,199 --> 00:02:28,199 walking in lockstep. 80 00:02:28,199 --> 00:02:30,460 If today's talk resonated with you, 81 00:02:30,460 --> 00:02:32,199 consider subscribing. 82 00:02:32,199 --> 00:02:33,199 This channel is for 83 00:02:33,199 --> 00:02:34,199 those who find value 84 00:02:34,199 --> 00:02:35,860 in the unorthodox. 85 00:02:35,860 --> 00:02:37,080 Share it with entrepreneurs 86 00:02:37,080 --> 00:02:38,080 who understand that 87 00:02:38,080 --> 00:02:39,699 the path to extraordinary success 88 00:02:39,699 --> 00:02:42,240 isn't paved with just efficiency, 89 00:02:42,240 --> 00:02:43,240 but also with the wisdom 90 00:02:43,240 --> 00:02:44,399 gained from the messiness 91 00:02:44,399 --> 00:02:46,839 of real-world experiences. 92 00:02:46,839 --> 00:02:48,199 Until next time, 93 00:02:48,199 --> 00:02:49,679 remember, 94 00:02:49,679 --> 00:02:50,860 tilt at windmills 95 00:02:50,860 --> 00:02:51,860 because sometimes