Entrepreneur and journalist Shane Snow (Wired, Fast Company, The New Yorker, and cofounder of Contently) analyzes the lives of people and companies that do incredible things in implausibly short time.
Serial entrepreneur and journalist Shane Snow delves into the reasons why some people and some organizations are able to achieve incredible things in implausibly short time frames, showing how each of us can use these "smartcuts" to rethink convention and accelerate success.
Throughout history, the world's biggest successes have been achieved by those who refuse to follow the expected course and buck the norm.
Smartcuts is about bucking the norm.
Smartcuts tells the stories of innovators who dared to work differently and lays out practical takeaways for the rest of us. It's about applying entrepreneurial and technological concepts to success, and how, by emulation, we too can leapfrog competitors, grow businesses, and fix society's problems faster than we think.
Let's look at the highlights I have taken from the book:
“We work hard, but hardly question whether we’re working
smart.
Pick your era in history and you’ll find a handful of
people—across industries and continents—who buck the norm and do incredible
things in implausibly short amounts of time. The common pattern is that, like
computer hackers, certain innovators break convention to find better routes to
stunning accomplishments.”
“Pretend you are driving a car in the middle of a
thunderstorm and you happen upon three people on the side of the road. One of
them is a frail old woman, who looks on the verge of collapse. Another is a
friend who once saved your life. The other is the romantic interest of your
dreams, and this is a once-in-a-lifetime opportunity to meet him or her. You
have only one other seat in the car.
Who do you pick up?
There’s a good reason to choose any of the three. The old
woman needs help. The friend deserves your payback. And clearly, a happy future
with the man or woman of your dreams will have an enormous long-term impact on
your life.
So, who should you pick?
The old woman, of course. Then, give the car keys to your
friend, and stay behind with the romantic interest to wait for the bus!
This dilemma is an exercise in lateral thinking. It’s the
kind of puzzle in which the most elegant solution is revealed only when you
attack it sideways. New ideas emerge when you question the assumptions upon
which a problem is based[…]”
“True success is not defined by how much money do I make,
how well do I speak, how well do I deal with the subjects I deal with, But how
great of a father I am.”
“Check out shanesnow.com/booklist for my recommendations”
“Want to digitize libraries of old books without typing them
up yourself? Get millions of people on the Internet to do it for you. (Ever
filled out those crazy letters—called CAPTCHAs—when you signed up for something
online? That’s what you’re doing.)”
“Bigger or Better illustrates an interesting fact: people
are generally willing to take a chance on something if it only feels like a
small stretch. That’s how a group of bored students transformed a toothpick
into a TV, and remarkably quicker than if they’d worked their
seven-dollar-per-hour college-town jobs and saved up for one. With each trade,
the players exchanged or provided value—including entertainment value.”
“To be successful, we need to start thinking more like hackers,
acting more like entrepreneurs. We have to work smarter, not just harder.”
“The answer begins with a story from Homer’s Odyssey.
When the Greek adventurer Odysseus embarked for war with
Troy, he entrusted his son, Telemachus, to the care of a wise old friend named
Mentor. Mentor raised and coached Telemachus in his father’s absence.
But it was really the goddess Athena disguised as Mentor who
counseled the young man through various important situations. Through Athena’s
training and wisdom, Telemachus soon became a great hero.
“Mentor” helped Telemachus shorten his ladder of success.”
“Mentorship is the secret of many of the highest-profile
achievers throughout history. Socrates mentored young Plato, who in turn
mentored Aristotle. Aristotle mentored a boy named Alexander, who went on to
conquer the known world as Alexander the Great.”
“The mentor story is so common because it seems to
work—especially when the mentor is not just a teacher, but someone who’s
traveled the road herself. “A master can help you accelerate things,” explains
Jack Canfield, author of the Chicken Soup for the Soul series and career coach
behind the bestseller The Success Principles. He says that, like C.K., we can
spend thousands of hours practicing until we master a skill, or we can convince
a world-class practitioner to guide our practice and cut the time to mastery
significantly.”
“Data indicates that those who train with successful people
who’ve “been there” tend to achieve success faster. The winning formula, it
seems, is to seek out the world’s best and convince them to coach us.”
Searching for a mentor has become the professional
equivalent of waiting for Prince Charming.
“There’s a big difference, in other words, between having a
mentor guide our practice and having a mentor guide our journey.”
“A smartcut-savvy mentee approaches things a bit
differently. She develops personal relationships with her mentors, asks their
advice on other aspects of life, not just the formal challenge at hand. And she
cares about her mentors’ lives too”
“The troubling thing about all these mentorship stories so
far is they seem to depend heavily on luck.”
Hip-hop icon Jay-Z gives us a clue in one of his lyrics, “We
were kids without fathers . . . so we found our fathers on wax and on the
streets and in history. We got to pick and choose the ancestors who would
inspire the world we were going to make for ourselves.
“In ancient Greece, few people had access to the best
mentors. Jay-Z didn’t either, but he had books from which he could get an
inkling about what those kinds of mentors were like. With every increase in
communication, with every autobiography published, and every YouTube video of a
superstar created, we increase our access to the great models in every
category. This allows us to at least study the moves that make masters
great—which is a start.
Some people are naturally good at making this work. Sam
Walton, founder of Walmart, studied and stole moves from master retailers
fabulously well. He openly admitted it. “Most everything I’ve done, I’ve copied
from someone else,” he said.”
“Mentorship doesn’t always yield success. But when we look
at superlative success stories throughout history, the presence of an in-person
mentor or a world-class, long-distance mentor with whom the mentee has a deep,
vulnerable relationship is almost always manifest.”
“Experience is the name everyone gives to their mistakes.”
“The research showed that experts—people who were masters at
a trade—vastly preferred negative feedback to positive. It spurred the most
improvement. That was because criticism is generally more actionable than
compliments. “You did well” is less helpful in improving your bowling game than
“You turned your wrist too much.”
“Get the thinking right and the skills come largely for
free.”
“Luck is often talked about as “being in the right place at
the right time.” But like a surfer, some people—and companies—are adept at
placing themselves at the right place at the right time. They seek out
opportunity rather than wait for it.”
“Pioneers often miss the best opportunities, which are
obscured by technological and market uncertainties. In effect, early entrants
may acquire the ‘wrong’ resources, which prove to be of limited value as the
market evolves.”
“No matter the medium or method, giving is the timeless
smartcut for harnessing superconnectors and creating serendipity.”
“There are dotcom entrepreneurs who could live top 1 percent
American lifestyles and not run out of cash for 4,000 years. People who Bill
Simmons would call “pajama rich,” so rich they can go to a five-star restaurant
or sit courtside at the NBA playoffs in their pajamas. They have so much money
that they have nothing to prove to anyone.
And many of them are totally depressed.”
“When there’s no forward momentum in our careers, we get
depressed, too.”
“Success is like a lightning bolt,” Phan once declared in an
interview with Mashable. “It’ll strike you when you least expect it, and you
just have to keep the momentum going.”
“Apparently, patience and willpower, even creativity, are
exhaustible resources. That’s why so many busy and powerful people practice
mind-clearing meditation and stick to rigid daily routines: to minimize
distractions and maximize good decision making.”
“In 2009 behavioral psychologists Stephen M. Garcia and
Avishalom Tor showed that merely knowing there are more competitors in a
competition decreases our performance. Not relative to a group, but in absolute
terms. They call this the N-Effect.”
“Businesspeople will tell you that the presence of one or
two serious rivals is incredibly motivating. When the rivals number in the
thousands, it’s a different type of game.”
“Human nature makes us surprisingly willing to support big
ideals and big swings. That means more customers, more investors, and more
word-of-mouth for the dreamers.
There’s evidence both in business and academia to support
10x Thinking. But not every big dream gains followers or comes true. Just
because you’re righteous doesn’t mean people will support you. You have to
motivate them. You have to tell provocative stories.”
“Generally speaking, if you’re gonna make something ten
percent better than the way things currently are, you better be great in sales
and marketing, because you’re gonna have to talk people into changing their
behavior for a very marginal increase in value, explains Astro Teller. “If, on
the other hand, you make something ten times better for a large number of
people—you really produce huge amounts of new value—the money’s gonna come find
you. Because it would be hard not to make money if you’re really adding that
much value.”
