success in life

Diversified Self-Identity

When you take a finance class, you learn the principle of asset diversification. Diversification means you’re able to maximize your overall financial return across a wide variety of market conditions while reducing your losses. By diversifying correctly, you achieve the same level of return as a less diversified set of assets BUT have a lower [...]

The Power of a Strong Peer Group

When it comes to both your personal life and professional life, your peer group profoundly impacts… well, everything. Your peers influence whom you socialize with, who becomes members of your professional network, what socially derived expectations you do or don’t have for yourself, and the filter by which you consider all life decisions. If you [...]

Lessons from my "Lazy" Daughter

When my oldest was eight years old, she decided that she wanted more money than the allowance she got from me. She thought about who else had money and noticed that her younger sisters did. She decided to figure out a way to convince her sisters to part ways with their allowance in a way [...]

Being the Best vs. Your Personal Best

When you’re the best in the world at something, there’s nobody left to beat. If you’re Usain Bolt, you’re (literally) the fastest human being on earth and in all of history (world record holder for 100-meter dash). With whom do you compete? If you’re Michael Phelps and have more Olympic medals than anyone in history [...]

Elite University Scandal

A few days ago, the FBI charged dozens of high profile celebrity and wealthy families with attempting to use bribes to get their children admitted into elite universities, including Stanford and Yale. There’s been a lot of discussion around this topic, and I thought I’d add in my comments as well. My first (tongue-in-cheek) reaction [...]

Feedback = Breakfast of Champions

The single best way to improve your skills in any endeavor is to get feedback on your performance. Two kinds of feedback exist: 1) objective 2) subjective If you want to sprint faster, you need a stopwatch that clocks how fast you are running. If you ran 100 meters twice, the first time in 12 [...]

Delusions vs. Goals

One of my former bosses, John Dragoon (@jkdragoon), had a great quote that I really like. “The difference between a goal and a delusion is the deadline.” That resonated with me. I’ve since modified it slightly to read as follows: “The difference between a goal and a delusion is the existence of a plan.” To [...]

Marie Kondo is a Genius

Over the last few weeks, my kids and I have been asking each other, “Does this spark joy?” What a simple yet profound question. If you’re not familiar with Marie Kondo, she is an international home organizing sensation. Here in the United States, she has become a household name in the last 45 days. In [...]

Secret to Achieving New Year's Resolutions

At the start of every new year, many people create resolutions or goals for the New Year. At the same time, most people also give up on these goals well before the end of the year. Having worked in industries whose sales are driven by New Year’s Resolutions, I can tell you exactly when people [...]

Just Show Up

“Eighty Percent of Success is Showing Up.” – Woody Allen, Actor I first encountered this quote by Woody Allen decades ago. At the time, the idea that the majority of success involved merely showing up seemed overly simplistic and surely an exaggeration. I’ve since come to the conclusion that his statement is more true than [...]

1 2 3 4