Do less, do more

Do less, do more

 Figuring out what to focus on is a continual process of reflection and elimination.

You can't get a sense of what works without trying a lot of things.

When getting started, rather than attempting to guess exactly what to do — a more robust way to approach things is to run low-stakes experiments in exchange for experience.

“People are trying to be smart—all I am trying to do is not to be idiotic, but it’s harder than most people think.” – Charlie Munger

It's just as useful to figure out what not to do.

As your experience increases, so will your ability to spot opportunity, and combine the breadth of your experience into something entirely unique.

This is not a process that ever reaches a conclusion, but a model to overlay on the experiments we run — to figure out which ones to run again, and which ones to drop.

Do less, do more by Visualize Value

If you are building something, it is far more useful to focus on the work you are doing to produce the result than the result itself.

Labor is generally a more interchangeable resource than vision.

To help understand this idea, consider the contrast between the two concepts ancient Greeks used to think about time.

It should be relatively simple to identify when we aren't accumulating net new experience, but in practice, it doesn't seem to be.

Language is an incredible tool. It makes it possible for us to externalize what we think and communicate it to others.

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren Buffett

The extent to which anything keeps working after you stop working is how much time you earn from making it.

To make progress, we must solve harder and harder problems in sequence.