In 1999, Warren Buffett gave a 1-hour masterclass explaining why most people never build wealth.
His frameworks:
• The 10% thought experiment
• The admiration exercise
• Learn from post-mortems
12 timeless lessons on money and life:
1. You're already worth $500,000
2 weeks ago I met with Travis Bazzana, the #1 overall pick in the 2024 MLB draft.
We had a conversation I wish all baseball players could have heard.
Here's the #1 takeaway (that made him the first overall pick):
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After his second year at Michigan, Tom Brady wanted to transfer.
He wasn't playing in games, and he was so low on the depth chart that he only got 2 reps in practice.
Brady met with his coach to express his frustration, “The other quarterbacks get all the reps.”
Coach replied,
“Brady, I want you to stop worrying about what all the other players on our team are doing. All you do is worry about what the starter is doing, what the second guy is doing, what everyone else is doing. You don't worry about what you're doing.”
Coach reminded him, “You came here to be the best. If you're going to be the best, you have to beat out the best.”
And then he recommended that Brady start meeting with Greg Harden, a sports psychologist who worked in Michigan's athletic department.
Brady went to Harden's office and whined, “I'm never going to get my chance. They're only giving me 2 reps.”
Harden simply replied, “Just go out there and focus on doing the best you can with those 2 reps. Make them as perfect as you possibly can.”
“So that's what I did,” Brady said. “They'd put me in for those 2 reps, man, I'd sprint out there like it was Super Bowl 39. 'Let's go boys! Here we go! What play we got?'”
“And I started to do really well with those 2 reps. Because I brought enthusiasm, I brought energy.”
Soon, it went from getting 2 reps to getting 4 reps. Then from 4 to 10, “and before you knew it,” Brady said, with this new mindset that Greg instilled in me—to focus on what you can control, to focus on what you're getting, not what anyone else is getting, to treat every rep like it's the Super Bowl—eventually, I became the starter.”
Takeaway 1:
Greg Harden telling Brady to just focus on being great during his 2 reps reminded me of a piece of advice from the entrepreneur Mark Cuban.
“People come to me all the time and tell me they're stuck,” Cuban explained. “They're stuck in a job they don't like. They're stuck working for a boss they don't like. They're stuck on a team they don't like.”
“I just tell them, 'Be great.'”
“The reality of life is that you can't just always quit your job. You can't just always go to your boss and say, 'Give me the promotion, or I'm out of here.'” You can't just always go to your coach and say, 'Give me more reps, or I'm transferring.'
“So when you're stuck, you've gotta find it within yourself to say, 'Ok, this is where I am. And if I'm going to be here, I'm going to be great.'
Because if you're great at your job, typically other people and companies find out, so it creates opportunities.”
Takeaway 2:
I've written before about “lead measures”—the actions and behaviors that predictably drive success.
The core characteristic of a lead measure, the authors of The 4 Disciplines of Execution (4DX) write, is that “a lead measure is influenceable; it can be directly influenced by you.”
To achieve your goals, they recommend (echoing what the Michigan Coach told Brady), apply a disproportionate energy to the things that are in your control.
Starting at Michigan and for the rest of his career, that’s what Brady did, that’s what drove his success.
In his first media call after he was selected by the New England Patriots with the 199th pick in the 2000 draft, Brady was asked: “Are you aware that [along with starting quarterback, Drew Bledsoe] there’s another quarterback here that they drafted last year?”
Brady said he was aware of that. “And I know he’s a heck of a player,” Brady said. “But I’ve always really concerned myself just with the things I can control. I don’t put a lot of thinking into the other guys because I know I’m not at my best when I’m not just thinking about playing as well as I possibly can.”
- - -
“I never once in my life ever said I wanted to be the best of all time. Ever. I wanted to be the best I could be, period. I learned that in college. It didn’t matter what the other guys were doing. It mattered what I was doing.” — Tom Brady
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Good morning! As you start out on a new week make it a point to smile every single day. Find ways to connect with others and share some laughs. Spark joy in every room you enter and raise up the positive vibes for all to feel. Have a great day! 👊
@DrOsman_EDU All four times I bet your presenter showed this same video. I’ve seen it 11 times by presenters - how it keeps creeping in. https://t.co/vGBtZJjyaq
I don’t always feel inspired. I don’t always feel energized. And I don’t always feel passion.
But I can choose to be patient; I can choose to be kind; I can choose to care; & I can choose to be compassionate.
We don’t have to be victims of our emotions. We always make choices.
One of my favorite things about school culture… is that everyone gets to contribute to it. It is not just a reflection of the administration or the leadership team; it is a reflection of everyone.
Several years ago, our secretary said: “Dr. Steele, it just doesn’t take a lot to get you excited, does it?”
After laughing, I responded: “If you have your head on a swivel... you’ll notice that there are moments all around that can inspire you.”
Look for those moments!
We can’t control the home environment of our students, but we can surely control their classroom environment. When they’re under our care, they can feel safe, feel supported, and feel loved.
Surround yourself with the dreamers and the doers; the believers and thinkers; but most of all, surround yourself with those who see the greatness within you, even when you don’t see it yourself. -Edmond Lee