You waste years by not being able to waste hours
Summary
TLDREste video motivacional enfatiza la importancia de no solo trabajar duro, sino de trabajar duro en la dirección correcta. El presentador comparte tres verdades clave: la necesidad de un esfuerzo constante, la importancia de posicionarse adecuadamente en la economía del conocimiento y la ejecución como base para la estrategia y la eficiencia. Utiliza la 'Pyramid of Leverage' para ilustrar la importancia de la acción constante, la posición estratégica y la eficiencia en el éxito. Además, discute la necesidad de un enfoque de 'inversor', el uso del '10% rule' para proyectos secundarios y la dedicación de tiempo a la reflexión estratégica, para posicionarse mejor y obtener un mayor retorno en la inversión de tiempo y esfuerzo.
Takeaways
- 😌 La frase 'You waste years by not being able to waste hours' de George Mack enfatiza la importancia de tomarse el tiempo para pensar y estrategizar en lugar de actuar de manera indiscriminada.
- 🔭 Es necesario adoptar una perspectiva estratégica desde una 'vista de 30,000 pies' para posicionarse adecuadamente y evitar trabajar en proyectos que no conducirán a resultados significativos.
- 💪 Trabajar duro es fundamental, pero no suficiente por sí solo para lograr resultados sobresalientes; también es crucial elegir el trabajo correcto y posicionarse en el mercado de manera efectiva.
- 📈 La 'Pyramid of Leverage' muestra que la acción constante es la base, seguida por la posición y la eficiencia, siendo esta última lo que te lleva del 90% al 100% de rendimiento.
- 🤔 La acción y el volumen son esenciales para obtener datos e intuición que nos ayuden a posicionarnos mejor, evitando el pensamiento paranoico que no lleva a ninguna parte.
- 🛠 La acción es la moneda de cambio para obtener información y experiencia; sin ella, la posición y la estrategia son pura especulación.
- 🎯 Para mejorar la posición, es importante trabajar en el 'mejor juego' posible, eligiendo el ámbito donde se pueda obtener una mayor rentabilidad por el esfuerzo invertido.
- 🔄 El ciclo de retroalimentación de posición implica pensar, decidir, actuar y revisar, permitiendo una mejor toma de decisiones y adaptación a los resultados obtenidos.
- 🧘 La mentalidad de inversor ayuda a evitar el 'infierno táctico' y a tomar decisiones más estratégicas y racionales sobre dónde invertir tu tiempo y esfuerzo.
- 📚 La regla del 10% propone asignar un 10% de tu tiempo a un proyecto secundario, lo que puede generar nuevas ideas y perspectivas para tu trabajo principal.
- ⏰ Dedicar tiempo específico para pensar, sin distracciones, puede aportar claridad y ayudar a posicionarse mejor en la toma de decisiones.
Q & A
¿Qué mensaje central se encuentra en el video sobre el cual es este guión?
-El mensaje central es que no poder 'perder horas' es esencial para pensar, estrategizar y planificar de manera efectiva, evitando así 'perder años' trabajando sin una dirección clara.
¿Qué lección aprendió el narrador de su experiencia en el negocio?
-El narrador aprendió la importancia de tener una visión estratégica y posicionarse adecuadamente en lugar de simplemente trabajar sin parar en proyectos que no tienen éxito.
¿Cuál es la primera verdad mencionada en el guión sobre trabajar duro?
-La primera verdad es que se debe trabajar duro en todo lo que se haga, ya que sin un nivel básico de esfuerzo no sucede nada.
¿Por qué no es suficiente trabajar duro para obtener resultados y recompensas por encima de lo promedio?
-Trabajar duro no es suficiente porque, en la economía del conocimiento y la información, la posición y las decisiones sobre en qué trabajar son multiplicadores del esfuerzo invertido.
¿Qué es el 'Pyramid of Leverage' mencionado en el guión y qué representa?
-El 'Pyramid of Leverage' es una metáfora que representa la importancia de la acción consistente, la posición estratégica y la eficiencia en el éxito, con la acción consistente como la base de todo.
¿Por qué es necesario el volumen de acción según el guión?
-El volumen de acción es necesario porque proporciona la intuición, datos y juicio para posicionarse mejor y tomar decisiones más informadas.
¿Qué es un ejemplo de mejor posición mencionado en el guión y cómo afecta el rendimiento?
-El ejemplo es vender diseños web a bufetes de abogados en lugar de cafeterías, lo que podría generar un ingreso mucho mayor por el mismo esfuerzo de trabajo.
¿Qué es el 'posicionamiento feedback loop' y cómo ayuda a mejorar la posición estratégica?
-El 'posicionamiento feedback loop' es un proceso iterativo que consiste en pensar, tomar acción, revisar y reubicarse, lo que permite ajustar y mejorar la estrategia de manera sistemática.
¿Qué es la '10% rule' y cómo puede ser útil para el pensamiento estratégico?
-La '10% rule' sugiere asignar el 10% del tiempo a un proyecto secundario o actividades de aprendizaje, lo que puede brindar nuevas ideas y perspectivas para el trabajo principal.
¿Por qué es importante dedicarse a un tiempo de pensamiento semanalmente según el guión?
-El tiempo de pensamiento semanal ayuda a obtener claridad y a posicionarse mejor, permitiendo abordar problemas y decisiones de manera más estratégica y consciente.
¿Cuáles son los tres principios de George Mack que el guión presenta como conclusiones finales?
-Los tres principios son: 1) Cuanto más ocupado seas, más tiempo necesitas para reorientarte. 2) Traer un enfoque de trabajador de fábrica victoriano a la era de la leverage infinita es ineficaz. 3) La producción de pensamiento claro nunca ha sido tan alta, mientras que la de estar ocupado nunca ha sido tan baja.
Outlines
😀 Trabajar duro en la dirección correcta
El primer párrafo introduce el tema del video, basado en un tweet de George Mack que enfatiza la importancia de no desperdiciar horas para poder pensar estratégicamente. El orador reflexiona sobre su propia experiencia en el negocio, donde no logró posicionarse adecuadamente y trabajó en proyectos que fallaron debido a una falta de visión a largo plazo. El video se centrará en cómo trabajar duro en la dirección correcta, utilizando la 'Pyramid of Leverage' para destacar la importancia de la acción constante, la posición estratégica y la eficiencia en el trabajo.
🔄 La importancia de la acción y la eficiencia
El segundo párrafo discute la necesidad de una acción constante y cómo la posición estratégica y la eficiencia pueden multiplicar los esfuerzos. Se enfatiza que trabajar duro es fundamental, pero no suficiente para lograr resultados sobresalientes. Se introduce la idea de que la posición en la economía del conocimiento y las decisiones de inversión de tiempo son cruciales para obtener un mayor retorno en el esfuerzo invertido. Además, se argumenta que la acción y el volumen son esenciales para obtener la intuición y el juicio necesarios para posicionarse mejor.
🤔 El ciclo de retroalimentación de posicionamiento
Este párrafo explora el concepto del ciclo de retroalimentación de posicionamiento, que involucra pensar, decidir, actuar y revisar. Se sugiere que una vez que se ha establecido una acción constante, es hora de pensar en cómo posicionarse mejor y evitar el trabajo indiscriminado o la sobre-introspección. Se da un ejemplo de cómo una pequeña mejora en la posición puede resultar en un gran aumento en la rentabilidad del trabajo. Además, se discute cómo el trabajo en sprints puede facilitar este ciclo de retroalimentación.
💡 La mentalidad de inversionista y el tiempo como capital
El cuarto párrafo enfatiza la importancia de adoptar una mentalidad de inversionista al considerar el tiempo como un tipo de capital. Se sugiere que hacer preguntas como '¿Cuál es mi ventaja?' y '¿Cómo puedo aplicar mis talentos y habilidades?' puede ayudar a identificar las oportunidades de mayor impacto y riesgo menor. Se introducen herramientas como la regla del 10%, que recomienda asignar un 10% del tiempo a un proyecto secundario para fomentar la innovación, y la dedicación de tiempo a la reflexión estratégica.
🛠️ Principios de George Mack para el posicionamiento efectivo
El último párrafo concluye el video presentando tres principios de George Mack que resaltan la necesidad de pensar claramente y posicionarse adecuadamente para obtener resultados efectivos. Se argumenta que trabajar sin pensar estratégicamente es ineficaz y que las personas más efectivas son aquellas que se posicionan bien, toman decisiones inteligentes y encuentran puntos de ventaja. Se enfatiza la importancia de la toma de decisiones y la ejecución en el éxito en lugar de simplemente trabajar duro.
Mindmap
Keywords
💡Estrategia
💡Trabajo duro
💡Posicionamiento
💡Eficiencia
💡Acción
💡Volumen de acción
💡Pyramid of Leverage
💡Inversión de tiempo
💡Reorientación
💡Liderazgo
Highlights
The video emphasizes the importance of strategic planning over indiscriminate action, highlighting the quote 'You waste years by not being able to waste hours' by George Mack.
The speaker shares a personal experience where a lack of strategic planning led to wasted time and failed projects in their business.
The concept of 'working hard in the right direction' is introduced as a simple guide to delegate execution effectively.
Three foundational truths are presented: the necessity of hard work, the insufficiency of hard work alone for above-average results, and the multiplier effect of positioning and decision-making on hard work.
The 'Pyramid of Leverage Execution' model is introduced, emphasizing the progression from consistent action to positioning and then to efficiency.
The necessity of action and volume is discussed as a reminder that taking action is essential for gaining intuition, data, and judgment for better positioning.
The importance of not overthinking or over strategizing is highlighted, as it can lead to inaction and wasted potential.
The 'Positioning Feedback Loop' is introduced as a method to combat overthinking and ineffective action by systematically thinking, committing, executing, and reviewing.
An investor mentality is suggested as a framework for making strategic decisions about time and work, avoiding 'tactical hell'.
The '10% rule' is proposed, encouraging the allocation of 10% of time to side projects to foster fresh insights and ideas.
The value of dedicated thinking time is advocated, with the suggestion of one hour per week of undistracted reflection.
Questions and prompts are provided to guide individuals in thinking more deeply about their work and positioning.
George Mack's three principles are shared, emphasizing the need for reorientation amidst busyness, the ineffectiveness of a busy mindset in the age of leverage, and the importance of clear thinking over mere busyness.
The video concludes with a call to focus on positioning, decision-making, and finding leverage points for effective work, rather than just hard work.
Transcripts
so the title of this video as you saw is
that you waste years by not being able
to waste hours a direct quote from
George Mack in the recent tweet that he
posted which I'll link in the
description below when I saw this tweet
from George Mack it reminded me of a
year that I had in my business where I
would say I wasted most of it not
entirely I learned some lessons
including the one I'm sharing now with
you but I wasn't able to step back and
look at everything from a 30,000 ft view
I wasn't able to be strategic I wasn't
able to position myself well and I just
kept working on things and taking
indiscriminate
action and it was largely ineffective I
worked on a lot of projects that failed
that had I just stepped back and
actually thought about what I was doing
I wouldn't have worked on them or I
would have worked on something else I
would have done them in a different way
and that's what it means by you waste
years by not being able to waste hours
it's not that you literally waste hours
it's that you have to have the time and
freedom in your schedule to be able to
think to be able to strategize and to be
able to plan not overthink not over
strategize not over plan but simply
position yourself better so in this
video we're going to be diving into that
topic I'm calling it working hard in the
right direction A Simple Guide to delage
execution and this will hopefully
synthesize a lot of the stuff that I've
talked about previously on the channel
as well as this idea of positioning
yourself better so okay so there are
three truths the first is that you must
work hard in whatever you do nothing
happens without a base level of hard
work Charlie manga says that you get
what you deserve and I think anyone
would agree that whatever you're doing
in life whether you want to be an artist
an entrepreneur uh you want to succeed
in your corporate career whatever it may
be you have to work hard there is no way
around that right so we all agree on
that but working hard is not the only
thing that matters if you want to
achieve above average results and
rewards and you can see this if you look
at people who work extremely hard in
particular jobs say minimum wage jobs
they don't become rich even though they
work hard and that's because of the
position that they're in in the
knowledge economy in the information
economy positioning decision Mak in
judgment what you work on is a
multiplier of the hard work you put in
you're going to work hard either way and
so you might as well play a game where
you get higher Returns on your effort
assuming you still enjoy the work and is
a quote from the V that sums it up he
says work as hard as you can even though
who you work with and what you work on
are more important than how you work so
to understand this a little bit better I
want to talk about something I call the
Pyramid of Leverage
execution so first of all you need to be
able to consistently take action one of
the things that uh I struggled with
years ago is that I had become
complacent I've talked about this before
I I became lazy and I was trying to be
efficient and I was trying to position
myself better but I
had lost the habit of being able to just
diligently execute and I needed to get
that back before I could worry about
positioning or being offici or whatever
A lot of people jump to the middle part
of this triangle this perid they think
about how they can be you know position
better they try and think strategically
they plan all the time they avoid doing
work because maybe it's not the optimal
way to do things all the while they're
not executing at all and they're
atrophying their focus muscle their
ability to do the work and that's the
base of the pyramid right that is the
foundation of everything if you cannot
sit down and focus on something for 2
hours whatever it may be then you
shouldn't be worrying about strategy or
positioning or how to be more
efficient right like if you sign up to
the gym and you've never been before you
don't want to be thinking about what's
the best workout plan what's this how do
I be more efficient with my lifts how do
I tweak this little thing it's like you
just have to develop the habit of going
of showing
up so that's at the bottom consistent
action your ability to do the work your
level of discipline and
habit once you have established that
foundation not perfectly but enough you
want to think
about positioning doing the right work
you can do the work what's the best work
that you can actually do what's the best
game you can play or what's a better
game or a bigger game that you can play
and then once you've positioned yourself
well then efficiency comes into the
picture it's like how do you go from 90%
to 10% so just as like a simple
illustration consistent action might get
you to 50% positioning gets you to 90
and then efficiency gets you to 100 uh
but you shouldn't be worrying about
efficiency if you haven't developed
consistent action and positioning first
now I want to talk about the necessity
of action and volume as a reminder
I've talked about it a lot before on the
channel uh but I don't want you to think
that I'm saying hey you should forget
taking action like go and think about
things a lot of people need to just take
action and volume so and it also feeds
into positioning which I'm going to
explain being able to take action and
execute on tasks is table Stakes if
you're not yet able to do that like
you're chronic procrastinator then no
amount of positioning or thinking about
efficiency will help
you don't want to be the Thinker who
obsessively P ruminates strategizes but
doesn't do anything this is worse than
indiscriminate action taking which at
least gets you somewhere right and so
you're better off being the person who
just takes blind random action than
being the person who obsessively
overthinks and over strategizes but
never actually makes a single
move action and volume give you the
intuition data and judgment to better
position
yourself positioning without action is
usually pure speculation taking action
un blinds you to better options and
paths and that's why in this very simple
illustration positioning sits on top of
action it's extremely hard to position
yourself well if you haven't taken
action in the past because you don't
know what you don't know if you've never
started a business before you've never
run a business before but you want to
run one you can spend all day you can
spend weeks months thinking about the
right business to start but there's just
so much that you don't know about
yourself about business and reading
books can only teach you so much at some
point you have to take some action to
get the data you have to take action you
have to make mistakes you have to learn
the lessons that only you can learn as a
rule of thumb I think I mentioned this
if you can't focus for more than 2 hours
per day on a project and maintain your
commitment to that project for multip M
weeks then you need to build your focus
and commitment muscles before you start
worrying about the second state of the
permit about positioning so action alone
is only one piece of the puzzle we want
to multiply it right so that each hour
we work has a higher return on
investment and as a footnote return on
investment is personal it might be
Financial it might be work satisfaction
it might be something else entirely you
might not be motivated by the idea of
making millions of dollars a year you
just want to do work that you're
interested in and so return on
investment Roi for you is simply to do
the work that you love which is a form
of Leverage in my opinion the point is
you want to play the best game that you
can so here's an example of what it
means to position better let's say you
want to build a web design business and
you like coffee you like going to cafes
you think oh well I'll sell I'll sell
web design to cafes because uh I know
cafes you know I've got connections to
bres and so on and so on the problem is
that cafes they only make so much money
and so you can only sell websites for a
certain price point and so you work you
do all this work you do 40 hours a week
uh and you make you know a certain
amount of money but if you were to do
the same work work the same amount maybe
a little bit
harder but you sold those websites to
law firms you could probably charge
twice the amount maybe three times for
the same amount of work and that's an
example of better positioning you're not
changing the inputs you're just changing
the game that you're playing and you end
up selling websites to cafes when you
don't give yourself the opportunity to
waste hours to step back and to think
about things so once we've got that
consistent action piece down we want to
position ourselves better you know we
want to avoid indiscriminate lazy action
because it's wasteful it's a form of
waste we also want to avoid overthinking
and over introspection which is also
wasteful right so blind action on one
hand it might get you somewhere but it's
very ineffective and then overthinking
and over introspection is even more
wasteful cuz you're not actually doing
anything one way to combat against both
of these is to use the positioning
feedback loop very
simple you start
again this is assuming you've developed
that Foundation of consistent action you
know how to execute you start by
thinking so actually stepping back
spending some time depending on what it
is depending on how big the project or
the goal is it might be you know a few
hours it might be a few days it might be
a few
weeks but you think through things you
write things down you go for walks maybe
you talk to people you position yourself
based on the best guess and then you
make a decision maybe you have multiple
options to decide between you make a
decision you make a firm commitment to a
project a goal a deadline or a
milestone once you've done that you take
action you execute without looking back
until you're finished and then you
review you look at the data that you've
gained you look at the lessons you've
learned maybe you rest for a bit and
then you reposition you move back to the
thinking stage and you commit to the
next best thing so let me give you an
example let's say that
you're a solo preneur you've got your
own online business and you're
wondering what to do next you're working
on a few projects and they don't seem to
be going anywhere and so you decide I
need to step back and I need to
reposition myself so you step back you
look at your entire business and you
look at some of the data you look you
see that there's a bottleneck over here
uh maybe you're not getting enough
leads it's not that you have a product
problem you're not getting enough leads
in and so you think
okay the best thing I can do is work on
something to solve that problem right
whereas before you were just kind of
working on a bunch of different things
indiscriminately you're like no position
myself better I'm going to solve the
lead gen problem and so you make a
decision you find a project that you can
work on to improve that perhaps it's
make more content you make a decision
you say I'm going to for the next 90
days I'm going to make 90 pieces of
content something like that and then you
execute and so you do that you don't
look back you position yourself well you
execute then you review you look back at
the 90 days you go okay did I solve the
leged problem uh I solved like half of
it it's a little bit better but I think
I need to move in this direction and so
you position yourself again or you
reposition yourself you develop a new
project design a your project work on it
right working in Sprints is very
conducive to this feedback loop where
you work you kind of compress the amount
of work into a short time frame and then
you rest in review and then you repeat
because it allows you or it forces you
to step back systematically what a lot
of people do and what I've done in the
past and it just hasn't worked well it's
like you just keep working and working
and working and your thinking time or
your time to like reposition and be
strategic is like interspersed between
that work and to me that just doesn't
really work like it needs to be cut
clear execution for a few weeks step
back think execution step back
reposition execution and so on and so on
Nal talks about this too in his book
which I've got somewhere uh he says like
work like a lion you know Sprint a
whatever hunt and then rest as a
knowledge worker you don't need to be on
like all the time you're probably going
to be more effective if you just like do
the work step back do the work step back
so that's the positioning feedback loop
but I want to focus particularly on the
thinking piece I've talked a lot about
the taking action the commitment there's
other videos on the channel about that
you can find them but there's a few
things I want to cover with the thinking
piece a few things that have helped me a
lot and I'm continuing to to focus on
the first is to have an investor
mentality sort of a metaph frame for
looking at your life you know your
business and so forth uh this helps you
escape tactical hell tactical hell being
the constant you know working in the
weeds in the trenches so to speak you're
never coming up you're never looking at
what you're doing you never being
strategic and you just spin your wheels
a lot you're selling the websites a
phase you're working hard you're
wondering why you're not getting
rewarded for what you're doing and so
you want to look at your life like an
investor you want to view your time as a
form of capital because it is and if you
were investing in companies I know that
some of you watching this channel are
investors so you know what I'm talking
about if you're an investor you don't
indiscriminately put all your money into
something without thinking about it
first you'd be rational about it right
you would consider the risk to reward
potential so having this investor
mentality means asking yourself
questions such as what is my Edge what
do I know well what am I good at how can
I how can I apply my talents and skills
what are the highest leverage lowest
risk opportunities in front of me what's
the opportunity cost of working on this
project or this goal versus the others
right if you're an investor what's the
opportunity cost of putting my money in
this investment compared to perhaps a
higher return one at what point do I
pivot if what I'm doing isn't working
what's my stop loss when do I sell the
stock if I'm three months into this
project and there's no sign of it
working is at the point when I which I
switch something to think about how can
I gain a high degree of confidence to
make the necessary decision do you need
more data do you need more information
probably not you probably need more
courage but maybe it is information I
don't know figure out what it is that
you need to make that commitment and
move forward so that's a helpful sort of
metaph frame um that I have been using a
lot just when I think about decisions
and think about work
projects next thing is the 10% rule
which is to allocate 10% of your time
towards some sort of side project this
is helpful because even if it doesn't
succeed even if it doesn't go anywhere
it often brings fresh insights and ideas
uh that you can apply to your main thing
doesn't have to be a project it could
simply be working through a backlog
backlog of books you've wanted to read
uh but it should be something outside
your main thing what can quite often
happen is that the thing you experiment
with becomes the main thing or it grows
into something
significant this YouTube channel was
like a 10% thing for me I was just
making videos on the side one of them
popped off and then I decided to put
more time into
it it is easy for this to turn into a
distraction and kill your focus so you
do need to be disciplined about it if
that 10% starts becoming a 50% uh and it
shouldn't become a 50% like your main
thing starting to struggle and you're
not giving enough attention then you
just have to be wary about that now the
final piece on thinking or the final tip
is to actually dedicate yourself to
thinking Time 1 hour of thinking time
once per week pen and paper only no
distractions
consider how your life would improve if
you did this if you actually sat down
like you went to a coffee shop shop or
whatever went to a park and you just sat
down for an hour with pen and paper and
you thought through what you needed to
thought think through I guarantee if you
did that you would find way more clarity
you'd be able to position yourself
better and you would probably overthink
less because you're actually thinking
more as I've mentioned overthinking is
not a form of thinking it's simply
reaction there's nothing strategic or
systematic about it but if you sit down
and you have this on your calendar and
you're like this is thinking time I'm
going to think through this problem in
my business or in my relationship or
whatever it may be you just write things
out you just think through it and it can
be hard but if you do that you are going
to position yourself better so a few
questions and prompts why am I working
on this why are you working on what
you're working on have you ever asked
that question how could I do what I'm
doing with 50% of the time investment
but maintain the same
output so this is one of those questions
that like people just don't ask
there's probably something in your
workflow that is taking up so much time
that you could just entirely eliminate
or systemize how could I achieve my
10-year goal in 6 months Peter Teal's
famous question it's not that you can
necessarily achieve your 10-year goal in
6 months but by forcing yourself to
think through this question you might
find new ways of doing things or you
might find a better position you might
find a way to sell your websites to law
firms instead of cafes in what way am I
avoiding the obvious move
sometimes it's not that we need to be
strategic it's simply that we need to
not ignore the thing that's facing us
that's a little bit uncomfortable am I
staying busy to avoid the courageous
decision I need to make how much of my
work activities are really moving the
needle what could I stop today without
any significant impact on the outcomes
of what I'm doing so you could spend an
hour on like one of these questions
right and if you did that you'll
probably come away with a lot lot of
clarity and you'd be a lot better
positioned so I want to end this video
with three principles from George Mack
who again uh inspired this topic the
busier you are the more time you need to
set aside to reorient this is the
Paradox of work bringing a Victorian
factory worker mindset to the age of
infinite Leverage is like bringing
boxing gloves to a drone War if you're
just putting in 40 to 60 hour weeks
indiscriminately without thinking about
your leverage points about how you can
position better then that is not
effective at all the output of clear
thinking has never been higher in human
history the output of being busy has
never been lower in human history some
of the most effective people I know are
not necessarily the hardest workers they
simply position themselves well they
make good decisions and they find
leverage points they know what they know
and they know what they don't know they
know what they're great at and they know
what they're only mediocre at and they
avoid the mediocre they focus on the
great and they might only work a few
hours per day but they get outsize
returns because their ability to think
in position and execute on what actually
matters as Elite so that is it for this
video I would love to hear your thoughts
leave a comment below hit like subscribe
and I will see you next time
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