Win-Even-If-You-Fail Projects
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Tim Ferriss shares his approach to selecting and evaluating projects to ensure personal growth regardless of traditional success metrics.
Core Philosophy
- Pick projects where you win even if the project "fails" traditionally
- Focus on 3 key areas of guaranteed value:
- The creative process itself must be enjoyable
- The people you'll meet along the way must be valuable connections
- The skills you'll develop must make you "more awesome"
Project Selection Criteria
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Must provide value through the creative process
- Choose work that puts you in flow state
- Select activities that give you energy (which enables endurance)
- Focus on your superpowers/strengths
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Must involve relationship building
- Network development should be inherent to the project
- Connections made should be valuable regardless of outcome
- Quality of collaborators matters more than quantity
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Must develop valuable skills
- Skills should transfer to future opportunities
- Knowledge gained should be worth the investment
- Learning should happen naturally through the work
Implementation Tips
- Evaluate projects based on guaranteed wins before financial outcomes
- Stack the deck in your favor by ensuring multiple forms of value
- Don't stress about popularity/financial success if core value areas are solid
- Focus on activities that give you energy to maintain endurance
- Avoid managing vs creating - stay focused on your superpowers
Key Insight
- This approach removes pressure about traditional success metrics
- Allows you to take bigger risks since value is guaranteed
- Creates natural motivation through alignment with strengths
- Builds long-term value regardless of short-term outcomes
18:07 - 19:21
Full video: 01:05:40SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.