Sumit Garg

Sumit Garg

09-01-2022

16:25

5 valuable mental models 1. Bill Gates’s Law 2. Parkinson’s Law 3. The Paradox of Choice 4. Hanlon's Razor 5. Leverage On startups, investing, web3, marketing, career, life and whatnot. Here's a quick guide/refresher:

Bill Gates’s Law. We overestimate what we can do in a year and underestimate what we can do in ten years. It's the classic instant gratification versus long term mindset. A 10 year timeline will set you up for greatness.

Parkinson’s Law. Work expands to fill the time available for its completion. “How can you achieve your 10 year plan in the next 6 months?” — Peter Thiel Forgive me for putting it right after Gates’s Law. But why not?

The Paradox of Choice. More choices make decisions hard. Your friends can't decide what to eat? Don't pass the parcel. Ask them to pick between two options. Same for Netflix. And so on. Saves time! Eliminate indecision by reduction.

Hanlon's Razor. “Never attribute to malice that which is adequately explained by stupidity.” Not everyone's out there to get you. There can be honest mistakes.

Leverage. Leverage is a force multiplier. You can make things where the effort it takes to scale, or to build a hundred, is identical to the effort it takes to build one, like a book, or a YouTube video. "Build once, sell twice." — @jackbutcher

If you have a favorite mental model of yours do share it here for others. And follow me @sumitupgarg for more such threads in the future.


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