Growth Mindset Psychology: The Science of Self-Improvement Clash of Plans: Is Your Plan B Sabotaging Plan A? w/ Matt Higgins
Apr 5, 2024
Matt Higgins, author of "Burn the Boats" and former Shark Tank investor, shares his transformative journey from poverty to success. He dives into why backup plans can undermine our motivation, emphasizing a mindset shift to eliminate Plan B. Learn about the powerful military tactic of 'burning the boats' and how it can reshape our ambitions. He also discusses a four-step process for managing risks and reframing failure as a growth opportunity. Higgins' insights encourage listeners to commit fully to their goals while balancing life’s various pillars.
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Dropping Out As A Calculated Risk
- Matt Higgins deliberately flunked high school to become eligible to take a college entrance test and raise his wage.
- He made that risky choice while caring for his disabled mother and facing extreme anxiety and isolation.
Burn The Boat Is About What Pulls You Back
- Burn the boats targets the forces that beckon retreat, not the tactic you pursue.
- Be rigid in your vision but flexible in execution to iterate toward the true objective.
Preprocess Risks Then Commit Fully
- Process risk deliberately before you begin by catastrophizing, planning responses, estimating probabilities, and setting pain limits.
- Use that preparation to be fully committed in execution and avoid looking over your shoulder.
