The unfair advantage
7
2022
Unread
Success = Fair advantage x unfair advantage
Success is a combination of fair advantage multiplied with certain levels of unfair advantage.
The author claims that everyone has their own unfair advantage and hence should leverage that to succeed in life.
Miles framework
1. Money
2. Intelligence / Insight
3. Location / Luck
4. Education / Expertise
5. Status
Luck
There can be occasional sheer dumb luck, but otherwise luck can be prompted by:
1. Taking more action
2. Doing more things
3. Meeting more people
4. Going to more events
5. Blogging about your startup
6. Producing things and publishing them
7. Getting feedbacks
8. PUT STUFF OUT INTO THE WORLD!
Basically, put yourself out there, expose your crafts and get more surface area for luck to come through to you.
Benefits of education
1. Knowledge: In todays times though most knowledge come from the extra stuff you do and consume that adds to your knowledge bank
2. Network: Good universities helps you build some great networks
3. Signalling: Most startups and new age companies might not care as much about this as they might towards what you were doing on the side.
Path of least resistance
Growth mindset vs fixed mindset
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