Work as the Win
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Shaan Puri's philosophy on work and success, developed after spending ten years doing things opportunistically and learning what actually matters.
The fundamental shift in thinking
- Your biggest cost is opportunity cost, not taxes or expenses
- For sufficiently smart people, this is the most important variable to optimize for
- Mediocrity is the real risk - getting stuck in something "just okay" for too long
- Failure is quick and painful but preserves your time; mediocrity saps everything slowly
The "Work as the Win" rule
- Ask yourself: "Am I doing this for a result or because I like doing it?"
- No longer do things for some future payoff
- The work itself has to be the reward
- The win can't be some future hypothetical payoff of work you wouldn't have otherwise wanted to do
Why this approach works
- If you do it this way, you win-win
- You for sure win by doing the work itself
- You might also win double, triple, or 10x from the results
- Creates a powerful flywheel:
- Because you enjoy it → you do it all the time
- Because you do it all the time → you get really good at it
- Because you get really good at it → you do get the results
The alternative (what doesn't work)
- Doing things opportunistically - "if this worked it'd be amazing"
- Most of the time things don't work
- When they don't work, it feels like a waste
- You weren't enjoying yourself to the extent you could have been
- The opportunity cost: could have been working on something where the act of doing it was the reward
What mediocrity actually costs you
- Saps your will
- Saps your time
- Saps your resources
- Saps your energy
- Saps your belief in yourself
- Takes all your time away while giving nothing back
On competition and odds
- Most people are not serious - they're not actually trying
- Things seem really hard and unlikely, but your real competition is much smaller
- Example: At a conference of 10,000 people, only ~50 actually believed they would win
- You're not competing with 10,000 people, you're competing with 50
- Your odds are much better than you think if you're actually serious
The earlier you learn this, the better
- Would have been further ahead if he'd focused on this earlier
- Would have found the things more enjoyable to him sooner
- The enjoyment creates the flywheel that leads to mastery and results
- It's the way it's supposed to work, not a luxury you earn later
41:17 - 42:02
Full video: 01:05:05SP
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.