Kitces and Carl - Real Talk for Real Financial Advisors
Making It Easier To Get Started By NOT Building In Public And Focusing On Version 0 Instead: Kitces & Carl Ep 148
Oct 3, 2024
Explore the anxiety surrounding public idea sharing and how initial obscurity can be beneficial. Discover the concept of 'version zero', which empowers financial advisors to launch projects without the pressure of perfectionism. Learn how breaking larger goals into small, manageable actions can combat fear and foster deeper connections. The discussion highlights the importance of low-risk experiments for validating business ideas and emphasizes embracing challenges as a path to growth.
34:37
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Quick takeaways
- Shifting the mindset from fear of judgment to focusing on 'version zero' allows individuals to create without perfectionism's pressure.
- Taking small steps towards goals through iterative improvement facilitates creativity and reduces the intimidation of public scrutiny.
Deep dives
The Benefit of Low Stakes
Many professionals hesitate to share their work due to fear of judgment, believing their initial attempts will be scrutinized. However, the reality is that most people are not paying close attention at first, which alleviates some pressure to perform perfectly. This perspective can be liberating as it allows individuals to focus on the act of creation rather than the potential for viral success. By recognizing that few people notice their early efforts, individuals can take calculated risks without the weight of excessive expectations.
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