Tim

“The secret to modern F1 is not really to do with big ticket items; it is about hundreds of thousands of small items, optimized to the nth degree. People think that things like engines are based upon high-level strategic decisions, but they are not. What is an engine except many iterations of small components? You start with a sensible design, but it is the iterative process that guides you to the best solution. Success is about creating the most effective optimization loop.”
― Matthew Syed, Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do

“golden rules for career success 1 Specialize in a very small niche; develop a core skill 2 Choose a niche that you enjoy, where you can excel and stand a chance of becoming an acknowledged leader 3 Realize that knowledge is power 4 Identify your market and your core customers and serve them best 5 Identify where 20 percent of effort gives 80 percent of returns 6 Learn from the best 7 Become self-employed early in your career 8 Employ as many net value creators as possible 9 Use outside contractors for everything but your core skill 10 Exploit capital leverage”
― Richard Koch, The 80/20 Principle: The Secret to Achieving More with Less

“Marginal gains is not about making small changes and hoping they fly. Rather, it is about breaking down a big problem into small parts in order to rigorously establish what works and what doesn’t. Ultimately the approach emerges from a basic property of empirical evidence: to find out if something is working, you must isolate its effect. Controlled experimentation is inherently “marginal” in character.”
― Matthew Syed, Black Box Thinking: Why Some People Never Learn from Their Mistakes - But Some Do

“The reason is not difficult to see: if we drop out when we hit problems, progress is scuppered, no matter how talented we are. If we interpret difficulties as indictments of who we are, rather than as pathways to progress, we will run a mile from failure. Grit, then, is strongly related to the Growth Mindset; it is about the way we conceptualise success and failure.”
― Matthew Syed, Black Box Thinking: Growth Mindset and the Secrets of High Performance