#314 Paul Graham (How To Do Great Work)
Founders31 Jul 2023

#314 Paul Graham (How To Do Great Work)

What I learned from reading How To Do Great Work by Paul Graham. --- Join my free email newsletter to get my top 10 highlights from every book --- (2:00) All you need to do is find something you have an aptitude for and great interest in. (2:10) Doing great work means doing something important so well that you expand people's ideas of what's possible. (4:15) How many even discover something they love to work on? A few hundred thousand, perhaps, out of billions. —How to Do What You Love by Paul Graham (5:10) Always preserve excitingness. (Let what you are excited about guide you) (8:15) If you're excited about some possibility that everyone else ignores, and you have enough expertise to say precisely what they're all overlooking, that's as good a bet as you'll find. (9:15) How To Work Hard by Paul Graham (10:05) When you follow what you are intensely interested in this strange convergence happens where you're working all the time and it feels like you're never working. (10:20) You can't tell what most kinds of work are like except by doing them. You may have to work at something for years before you know how much you like it or how good you are at it. (13:00) When it comes to figuring out what to work on, you're on your own. (14:00) Lighting Out for the Territory: How Samuel Clemens Headed West and Became Mark Twain by Roy Morris Jr. (Founders #312) (17:15) One sign that you're suited for some kind of work is when you like even the parts that other people find tedious or frightening. (17:50) Make what you are most excited about. (19:00) If you're interested, you're not astray. (19:30) Against the Odds: An Autobiography by James Dyson (Founders #300) (20:15) At each stage do whatever seems most interesting and gives you the best options for the future. I call this approach "staying upwind." This is how most people who've done great work seem to have done it. (22:50) In many projects a lot of the best work happens in what was meant to be the final stage. (25:00) A Mathematician’s Apology by G.H. Hardy (26:00) Great work usually entails spending what would seem to most people an unreasonable amount of time on a problem. (26:30) The reason we're surprised is that we underestimate the cumulative effect of work. Writing a page a day doesn't sound like much, but if you do it every day you'll write a book a year. That's the key: consistency. People who do great things don't get a lot done every day. They get something done, rather than nothing. (27:10) Something that grows exponentially can become so valuable that it's worth making an extraordinary effort to get it started. (27:30) Taylor Swift (Acquired’s Version) (30:00) If you don't try to be the best, you won't even be good. This observation has been made by so many people in so many different fields that it might be worth thinking about why it's true. (36:00) Originality isn't a process, but a habit of mind. Original thinkers throw off new ideas about whatever they focus on. (38:00) Change breaks the brittle. (43:45) What might seem to be merely the initial step — deciding what to work on — is in a sense the key to the whole game. (45:00) Being prolific is underrated. + Examples of outlandishly prolific people (48:30) Just focus on the really important things and ignore everything else. (50:30) One of the most powerful kinds of copying is to copy something from one field into another. History is so full of chance discoveries of this type that it's probably worth giving chance a hand by deliberately learning about other kinds of work. You can take ideas from quite distant fields if you let them be metaphors. (51:30) Seek out the best colleagues. (54:30) Solving hard problems will always involve some backtracking. (56:30) Don't marry someone who doesn't understand that you need to work, or sees your work as competition for your attention. If you're ambitious, you need to work; it's almost like a medical condition; so someone who won't let you work either doesn't understand you, or does and doesn't care. (57:50) The prestige of a type of work is at best a trailing indicator and sometimes completely mistaken. If you do anything well enough, you'll make it prestigious. (58:00) Curiosity is the best guide. Your curiosity never lies, and it knows more than you do about what's worth paying attention to. If you asked an oracle the secret to doing great work and the oracle replied with a single word, my bet would be on "curiosity." The whole process is a kind of dance with curiosity. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Episoder(438)

#368 Rockefeller's Autobiography

#368 Rockefeller's Autobiography

What I learned from rereading Random Reminiscences of Men and Events by John D. Rockefeller.  ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial op...

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#367 Inside the Contrarian Mind of Sam Zell

#367 Inside the Contrarian Mind of Sam Zell

What I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson. ---- Ramp gives you everything you need to control spend, watch your c...

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#366 Mr. Beast Leaked Memo

#366 Mr. Beast Leaked Memo

What I learned from reading How To Succeed in Mr. Beast Production and how ideas from Sam Zell, Charlie Munger, Nick Sleep, Warren Buffett, Sam Zemurray, Bob Kierlin, Steve Jobs, Li Lu, Edwin Land, La...

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#365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters to Partners

#365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters to Partners

The best investors are not investors at all. They're entrepreneurs who have never sold. — Nick Sleep Nick Sleep’s letters are a masterclass on the importance of understanding the underlying reality of...

16 Sep 202455min

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

How Nick Sleep and Qais Zakaria built their radically unconventional investment partnership. From the incredible book Richer, Wiser, Happier: How The World's Greatest Investors Win In Markets and Life...

10 Sep 202444min

#363 Li Lu and Charlie Munger and Warren Buffett

#363 Li Lu and Charlie Munger and Warren Buffett

I sent a friend this text: I'm working on another Li Lu episode but this one is about his remarkable investing career. Can be summarized by: 1. Studied Buffett and Munger. 2. Did that. Last episode wa...

6 Sep 20241h 24min

#362 Li Lu

#362 Li Lu

Charlie Munger said that Li Lu was the only outsider he ever trusted with his money.  Decades before Li Lu made Munger half a billion dollars, Li survived one of the most horrific childhoods imaginabl...

26 Aug 202437min

#361 Estée Lauder

#361 Estée Lauder

Warren Buffett and Charlie Munger said it was a crime that more business schools didn't study Henry Singleton. I think it's a crime that more entrepreneurs don't study Estée Lauder. She is one of the ...

18 Aug 202458min

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