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Tags:: #Tweet, Career tips
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Highlights::
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Once you think of ^^payoff as a stochastic process,^^ in which intrinsic skill is just one factor, then you start to understand what nudges the process in the right direction, and what doesn’t make a difference.
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Things with convex payoffs:
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Reputation that puts you on the radar of smart people
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Strong network
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Valuable information flow
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Starting companies
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Joining fast-growing companies early
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Expertise in high-growth industries
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Trying new things and cutting losses
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Integrity
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Things with marginal payoff:
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“Meeting” vs “exceeding” 2021 Q1 perf expectations
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Getting a bonus
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Jockeying for favorable peer reviews
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Pleasing your peers, manager, execs
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Mastering idiosyncratic bureaucracy and processes
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Learning a new language, framework, stack, etc.