Strategy

Values Vs. Beliefs

Values weigh more heavily than beliefs with respect to our actions. (Hint: they have $value.) We are willing to pay the price to reach something we value.

Digital Tonto: Values Always Cost You Something, 2023-May-21 by Greg Satell

...values are often confused with beliefs. When you’re sitting around a conference table, it’s easy to build a consensus about broad virtues such as excellence, integrity and customer service. True values, on the other hand, are idiosyncratic. They represent choices that are directly related to a particular mission.

Make no mistake. Real values always cost you something. They are what guides you when you need to make hard calls instead of taking the easy path. They are what makes the difference between looking back with pride or regret. Perhaps most importantly, they are what allows others to trust you.

Without genuine commitment [to] values there can be no trust. Without trust, there can be no shared purpose.

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Warren Buffet's recommended strategy: Assault your bad habits

Powerful strategies allow you to navigate an ever-changing world. Warren Buffet's strategic advice is to attack your bad habits—habits that hold you back. Those habits don't always start out being bad. Your environment, goals, and strengths change over time. You need to be in the habit of evaluating your habits. Which ones are holding you back?

My current bad habits are junk food, rabbit-hole research, and reading without a purpose. What are yours?

Inc.: Warren Buffett Says There Is 1 Key Choice in Life That Separates the Doers From the Dreamers, 2022-Jun-2 by Marcel Schwantes

Warren Buffett once advised graduating students... to learn and practice good habits early in life. The key, [he said], is to catch and change your bad habits before [they change] you for the worse.

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