Mental Models (Part 3) | George Mack on Modern Wisdom Podcast

Check out the Modern Wisdom Episode Page & Show Notes

Key Takeaways

  • Human beings are toolmakers, we create tools to leverage our ability to do more with less. The 4 main examples of leverage:
    • People   
    • Capital  
    • Code
    • Media   
  • Be careful of actions that would multiple your life by 0
    • Don’t do any risk that might make your life go to zero
      • E.g: It’s great if you exercise and don’t smoke, but if you drive drunk you could go to jail or die
  • Having a forcing function, like some kind of constraint, is beneficial
    • Having a deadline will force you to get the task done in a specific amount of time
    • COVID forced a lot of companies which didn’t think their company would operate well remotely to go fully remote 
  • If you’re building a business, focus on the product first and then the marketing
    • If you focus on marketing first and then the product, you could end up with a Fyre Island situation
  • “We need more and more weird people” George Mack
    • People who are weird think differently and generate unique solutions to problems

Intro   

Books Mentioned

  • Chris highly recommends reading 1984 by George Orwell
    • “I learned more from 1984 about the way that I operate than I have done from a lot of personal development, self-development books” Chris Williamson
  • Chris was blown away by the book Blindsight: The (Mostly) Hidden Ways Marketing Reshapes Our Brains by Prince Ghuman and Matt Johnson
  • Chris and George both loved the book Atomic Habits by James Clear
    • The author takes about the importance of identity change when trying to develop a new habit

Most Played Modern Wisdom Episodes:

Mental Models 

  • A mental model is ways of taking principles from different disciplines and applying them to make better decisions
  • Helpful mental models:
    • Be careful of actions that would multiple your life by 0
      • Don’t take any risk that might make your life go to zero
        • E.g: It’s great if you exercise and don’t smoke, but if you drive drunk you could go to jail or end up dead
  • People see rhyming sentences as more believable than non-rhyming ones even though consciously they don’t admit it
    • A good motto: My assumptions are wrong, how can I make things better?
      • Boats used to load and unload cargo by hand which cost around $6 a ton. After Malcolm McLean invented and popularized the shipping container, the price went down to $0.16 a ton, an incredible 36-fold savings.
    • The dirt and the clouds is a business strategy from Gary Vaynerchuck
      • The clouds: the high-end philosophy of what you believe
      • The dirt: the low-down subject matter expertise that allows you to execute against it
        • Forget about everything else

Humans Are Masters At Leverage 

  • Human beings aren’t the strongest animals but we are one of the smartest
  • Humans are expert toolmakers, we create tools to leverage our ability to do more with less. The 4 main examples of leverage:
    • People   
    • Capital  
    • Code
    • Media   
      • Any successful business tends to use one or more forms of the leverages
        • Having a brand is another form of leverage
  • The computer is the bicycle of the mind, it’s a tool that allows us to leverage our skills and amplify them 

Life Advice & Wisdom

  • Working more doesn’t necessarily mean getting more done
    • Sometimes people use the number of hours they work as a signal to show they’re hard-working but it’s possible they’re just not working efficiently
  • Having a forcing function, like some kind of constraint, can be beneficial
    • Having a deadline will force you to get the task done in a specific amount of time
    • COVID forced a lot of companies which didn’t think their company would operate well remotely, have gone fully remote 
  • If you’re building a business, focus on the product first and then the marketing
    • If you focus on marketing first and then the product, you could end up with a Fyre Island situation

Book Recommendations

  • Chris highly recommends reading 1984 by George Orwell
    • “I learned more from 1984 about the way that I operate than I have done from a lot of personal development, self-development books” Chris Williamson
      • “The thing that it taught me was that the ability to articulate words…that go down on paper, is directly proportional to the quality of your thoughts”
        • The more words you have at your disposal, the higher quality of your thoughts 
  • Chris was blown away by the book Blindsight: The (Mostly) Hidden Ways Marketing Reshapes Our Brains
    • The book shares lessons about how our brains absorb a massive amount of information but we are only conscious of a tiny amount 
  • Chris and George both loved the book Atomic Habits by James Clear
    • The author takes about the importance of identity change when trying to develop a new habit

Additional Notes

  • Kayfabe is the portrayal of staged events as real or true
    • Professional wrestling is a popular example 
  • Churchillian Drift is the widespread misattribution of quotes by obscure figures to more famous figures, usually of their time period
  • A great quote from Donald Kingsbury:
    •  “Tradition is a set of solutions for which we have forgotten the problems. Throw away the solution and you get the problem back. Sometimes the problem has mutated or disappeared. Often it is still there as strong as it ever was.”
  • “We need more and more weird people” George Mack
    • People who are weird think differently and generate unique solutions to problems
      • If you follow the crowd, you’ll be safe but you’ll get average results
        • Sometimes the riskier option is taking no risks
  • The best accounts and worst accounts on the internet are often anonymous 
    • Anonymity frees them to share whatever they want
Modern Wisdom : , , ,
Notes By Alex Wiec

More Notes on these topics

Top Insights and Tactics From

31 Best Podcasts of All Time

FREE when you join over 12,000 subscribers to the
Podcast Notes newsletter

No Thanks