We Study Billionaires - The Investor’s Podcast Network

TIP131: Smarter, Faster, Better by Charles Duhigg (Business Podcast)

10 snips
Mar 25, 2017
Author Charles Duhigg shares insights on motivation, team formation, decision-making, and productivity. Topics include control, SMART vs. stretch goals at GE, probabilistic thinking, innovation, creativity, and managing a windfall. Delve into stock market returns, innovation's role, and long-term investing strategies.
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INSIGHT

Motivation as a Skill

  • Motivation is a skill that can be trained and honed, not something you're born with.
  • The more control you have over a situation, the more motivated you'll typically be.
ADVICE

Internal Locus of Control

  • Take responsibility for everything, even if it's not your fault.
  • Focus on what you can control to create better circumstances.
ANECDOTE

Yale Study Group & Google Teams

  • A Yale student's study group was unproductive due to excessive competition and everyone trying to lead.
  • Google's research on team formation yielded inconclusive results, with conflicting findings.
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