But…why do you think you want that?

Really think deeply about what it is that you want and why you want that.

Do you truly want it because of an internal desire OR do you want it because society says you should want it?

Are you doing it to impress others?

Don’t waste your time fighting so hard to achieve a goal, look a certain way, do certain things, etc. only to realize that it shouldn’t have been a goal for you at all.

Do you really want that fancy car (and, the real question is, do you want that car for what it will actually cost you)? What is the opportunity cost of owning that? Do you want to be in the best shape of your life for you or to impress others? Why do you want to earn more? Is it so you can provide the best life for yourself and your family or is it so others can know “how successful” you are?

Make sure you are taking steps towards achieving your goals for you. Who cares what other people think? And take the time to make sure it’s the right goal, otherwise it’s like leaning your ladder up against a wall and climbing to the top only to realize that you have the ladder on the wrong wall. You’re moving to move at that point, but when you get to the top, you will be unfulfilled.

Discover your “why” and you’ll find your purpose and meaning in life.

On keeping an open mind

Be aware of confirmation bias in order to minimize it. If you deeply want something to be true, you’re more likely to stretch truths to aid your argument. You’re looking for reasons to be right about something and are more likely to ignore facts that don’t match the narrative you have in your head. Don’t do this. Try to keep an open mind. Try to listen to other’s ideas and truly understand them before taking a stance on the subject. And when you do form your own opinion, don’t cling so tightly to it so that you cannot fathom changing your mind (even when new information presents itself).

On receiving advice

“Advice is one thing that is freely given away, but make sure that you only take in that which is worth having.” Excerpt from The Richest Man in Babylon

Everyone has an opinion on something and most people want to share their opinions, no matter how much or how little knowledge they have on the subject. It is important to keep an open mind, to be respectful, and to listen to other’s ideas, opinions, and advice.

But before you accept their advice and start putting it into action, try to understand if the source from which you’re receiving the advice is credible to listen to. Do they have first-hand experience in what they’re recommending to you? Are they intimate with someone who does? How far removed are they from the successes or failures of those opinions?

Be sure to always think for yourself. Use your critical thinking skills and try to play out best-case and worst-case scenarios on your head. Try to analyze the risks versus the rewards, and the likelihood of either of those extremes (as well as the middle-ground). Play devil’s advocate and try to punch holes in their advice. Does it still hold up?

In the end, understand that you can spend all day analyzing and not take any action. We all know someone who can see the faults of every decision, but is too afraid to make a decision of their own. Don’t be one of those people. Take actions (especially when it comes with asymmetric risk), learn from your mistakes, and keep moving forward.