5 Steps to Winning Career Tournaments: Competitive jobs, admissions, promotions, or startup funding | Garry Tan

Key Takeaways

  • Life is made up of tournaments:
    • Hiring a team 
    • Getting into college
    • Getting promoted at work 
    • Gaining YouTube subscribers
    • Raising money for your company
  • “All the things that want are on the other side of a competitive process” – Garry Tan
  • 5 steps to winning a tournament:
    • 1) Be aware of the tournament
      • Tournaments usually happen around finite resources like college admissions or promotions
    • 2) Find out the criteria to win at it
      • Every tournament has criteria, if you find out early, you’ll have an advantage over other players
    • 3) Play many tournaments 
      • The more tournaments you play, the higher your odds of winning at least a few tournaments 
    • 4) Talk to before who have won the tournament before to get their advice
      • Tournaments tend to have a repeating nature. Find people who have accomplished what you’re trying to do and ask for help.
    • 5) If the door is locked, try the window
      • Just because you lost a tournament today, it doesn’t mean you can’t win tomorrow. Keep playing and eventually, you’ll win. 

Intro

Life = A Series of Tournaments

  • Life is made up of tournaments:
    • Hiring a team 
    • Getting into college
    • Getting promoted at work 
    • Gaining YouTube subscribers
    • Raising money for your company
      • “All the things that want are on the other side of a competitive process” – Garry Tan
  • The first part of winning a tournament is showing up. You aren’t going to win every tournament you play, but if you don’t show up you won’t ever win.
  • Some tournaments use gatekeepers to select the winners. The gatekeepers aren’t perfect and have to make a decision with imperfect information.
    • Two takeaways:
      • Don’t get mad at gatekeepers, they’re doing the best
      • Don’t get discouraged. A “No” today is not a “No” forever.
  • “You’re not going to win every tournament and not every tournament is worth playing” Garry Tan
  • If you win enough tournaments in life, you’ll get to design your own tournament

How To Win Any Tournament

  • Here are 5 steps to winning a tournament:
    • 1) Be aware of the tournament
      • Tournaments usually happen around finite resources like college admissions or promotions
    • 2) Find out the criteria to win at it
      • Every tournament has criteria, if you find out early, you’ll have an advantage over other players
    • 3) Play many tournaments 
      • The more tournaments you play, the higher your odds of winning at least a few tournaments 
    • 4) Talk to before who have won the tournament before to get their advice
      • Tournaments tend to have a repeating nature. Find people who have accomplished what you’re trying to do and ask for help.
    • 5) If the door is locked, try the window
      • Just because you lost a tournament today, it doesn’t mean you can’t win tomorrow. Keep playing and eventually, you’ll win.
Garry Tan : , , , ,
Notes By Alex Wiec

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