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Showing posts sorted by date for query Currency. Sort by relevance Show all posts

Thursday, June 4, 2020

Late Bloomers by Rich Karlgaard

The heroes of our age are young. Mark Zuckerberg, the man who made millions on Facebook while still in his 20s, is a notable example. Though Bill Gates, Steve Wozniak and Tiger Woods are no longer youngsters, they achieved fame and wealth early in life and that is at least one reason why they remain famous. Forbes publisher Rich Karlgaard is concerned that our focus on early achievement is depriving our society of the untapped potential of many—probably most of us—who develop at a slower rate. He discusses his concerns, and what we can do about it, in Late Bloomers.

 An industry has developed around seeking early achievement. You have to do well in school and get great SAT scores to get into elite colleges. You have to go to elite colleges to get jobs with the best companies. You have to work for the best companies to get ahead in life. If you have the right stuff, you can skip some of these steps and create your own successful business in your 20s.

 Except it’s not really so. Becoming equipped to succeed on this narrow path, which depends on early achievement, does not necessarily prepare one to have sustained success or achievement in any other area of life.

 In addition, most of us don’t have the mental equipment to make wise choices and stick to them while where young. The brain doesn’t fully mature until we’re in our mid-20s. Though the brain starts to slow down after that, certain types of intelligence—based on knowledge—continue to increase into our 40s and can be sustained well into old age. This late-developing intelligence can more than make up for the slower processing speeds of older brains.

 Kalgaard shares the stories of some late bloomers. Martha Stewart started her catering business at age 35, and published her first book at age 41. Toni Morrison published her first book, The Bluest Eye, when she was 39. More up my ally, Raymond Chandler was 51 when The Big Sleep, his first book, was published. Karlgaard pulls examples from the arts, business, sports and other fields.

 Karlgaard describes himself as a late bloomer. He didn’t do well and struggled in dead-end jobs until he was 25, when his brain finally matured enough for things to start clicking. This was when he was able to get a job that most of us would consider  ordinary, and he still had a ways to go before his career took off.

 Late bloomers have several skill, some hard-won, that help them succeed in their own time. They retain curiosity; they do not specialize to early and they do no avoid failure they way early achievers often do. The have compassion for other and themselves; they’ve had to overcome failure. They are resilient; they have developed perspective and support networks. The have learned to stay calm. The have insight gained from varied experience. The have wisdom, the elusive quality that arises from a maturing brain and a wealth of experience. The have learned when to doubt themselves and when to trust themselves. They know when to stick and when to quit. They are patient.

 As a society, we need to recognize that early achievement is not the norm. People develop at different rates and may peak in different ways at different ages. If we want to enjoy the full potential of people, we have to value the contributions of late bloomers.  We also have to open pathways for them through life-long learning and late-career pathways that force people out just because there is no more ways for them to move up the corporate ladder.

 If you’re interested in this book, you may also be interested in

The First 20 Hours by Josh Kaufman

Future Bright by Martin E. Martinez

The Genius in All of Us by David Shenk

Learn Better by Ulrich Boser

Mindset by Carol S. Dweck

Moonwalking with Einstein by Joshua Foer

The Organized Mind by Daniel J. Levitin

Outliers by Malcolm Gladwell

The Power of Habit by Charles Duhigg

Quiet by Susan Cain

Self-Love by Robert H. Schuller

Your Intelligence Makeover by Edward F. Droge, Jr.

 Karlgaard, Rich. Late Bloomers: The Power of Patience in a World Obsessed with Early Achievement. New York: Currency, 2019.

Sunday, August 23, 2015

The Power of Nice by Linda Kaplan Thaler & Robin Koval

Nice guys do not finish last. According to advertising executives Linda Kaplan Thaler and Robin Koval, authors of The Power of Nice, kindness, generosity, empathy pay off even in the business world.

Kindness is a great way to make a positive impression, and those impressions can come back multiplied. In addition, you never know when the one you’re showing kindness to someone who has the will and means to extravagantly repay you, though you shouldn’t go around with a fake generosity hoping some of your supposed goodness will bind a jinni to your service. Be good because it is good, but don’t be surprised when the little people you help along the way become big people who want to help you.

Niceness should become automatic, a way you treat people all the time, whoever they are. You’ll know when you’re being genuine and when you’re being fake, and let the knowledge lead you to be genuinely kind. Extend it to cover even your rivals; if you can’t convert them, you’ll neutralize them to some degree.

Even if you don’t have much to give, be a giver. Even little gestures, smiles, and a helpful hand count. One of the seemingly most simple, but in practice difficult, things to give is your attention. Few things move a person as much as the sense that someone genuinely listened to them; and it is a great way to learn.

The skill at the heart of all this is empathy. I use the word skill because Kaplan Thaler and Koval write about how people can improve their empathy. First, listen to the emotion words; people are telling you how they feel if you will listen. Consider how what you say and do will affect others. Finally, don’t assume the actions of others are about you; they have other stuff going on.

This is a short book and full of anecdotes. If you’re looking for a quick read touching on the emotional side of business with practical advice, this will suit your needs.

If you’re interested in this book, you may also be interested in


Kaplan Thaler, Linda, & Robin Koval. The Power of Nice: How to Conquer the Business World with Kindness. New York: Currency, 2006.

Friday, January 8, 2010

The 4-Hour Workweek by Timothy Ferriss

Ferriss, Timothy. The 4-Hour Workweek: Escape 9-5, Live Anywhere and Join the New Rich. New York: Crown, 2007.

The 4-Hour Workweek sounds like a dream only the independently wealthy and part-time retirees can enjoy. Timothy Ferriss has written about how the new rich enjoy independence now, without spending decades saving up for it.

Ferris describes four steps the new rich follow to achieve their lifestyle. They make a handy acronym: DEAL.

The deal starts with definition. You cannot live the lifestyle you want until you clearly define it. The dream-lining method he describes will encourage you to reach out for those big goals now and not wait.

The next step is elimination. The currency of the new rich is time. They ruthlessly cut out anything that wastes time. If it is not what they want to do, or contributing significantly to their income, they drop it. Ferriss applies the Pareto principle that 80 percent of the results come from 20 percent of the effort. The daring step taken by the new rich is actually cutting out the 80 percent of unproductive activity.

Automation is about freeing up time and making money. The new rich are not interested in accumulating wealth. The idea is to have a stream of income that supports your lifestyle without taking up a lot of your time. Ferriss calls these income sources “muses.” They amount to automatic business that run with very little of your direct involvement.



This part of the book focuses on how to lead the lifestyle you want, especially if it involves travel. Ferriss likes to travel and found it is inexpensive to spend extended periods in other countries. There are many temptations to go back to working for works sake and waste time on things that do no contribute to your lifestyle. The new rich do not allow that stuff to draw them away from the liberation they have won.

The bottom line of the new rich is that it is not about having it all. It is about enjoying what you want most.

Sunday, November 9, 2008

Happier by Tal Ben-Shahar

Ben-Shahar, Tal. Happier: Learn the Secrets of Daily Joy and Lasting Fulfillment. New York: McGraw-Hill, 2007.

Happier is based on a popular class Dr. Ben-Shahar teaches at Harvard University. The author refers to happiness as the ultimate currency, and in that light, it is not surprising that so many people are seeking more of it.

Ben-Shahar frames happiness as a balance of present and future benefits. Many people sacrifice present pleasure for hopes of a more desirable future; they’re rat-racers. Hedonists seek momentary pleasures without regard for the future. Those who’ve given up on finding happiness in both the present and future are nihilists. Happiness is found in a life that has future benefits that is enjoyable along the way.

Happiness is about more that just pleasure, which is hollow by itself. Happy people lead lives they find meaningful. In a sense, a meaningful life provides the ultimate future benefit. Pairing meaning with enjoyment along the way, present pleasure, leads to happiness. This doesn’t lead to a life free of negative emotions or perpetual positivity; Ben-Shahar thinks that is unrealistic and probably unfulfilling and throughout the book reminds readers of the balanced definition of happiness.

The middle section of the book tackles some of the practical matters of happiness in education, work and relationships. School is all about present sacrifice for future payoff. That mindset can send people in to careers they find to be meaningless drudgery. The same attitudes can come into relationships. Happiness in the real world sometimes means setting aside the expectations of others and society and acting on what you personally find meaningful and pleasurable. Not everyone has the luxury of putting off all obligations and doing their own thing, but nearly everyone can do something to introduce more happiness into their lives.



In closing, Ben-Shahar offers a number of “meditations.” These chapters offer exercises, of both practice and thought, for building happiness on our lives.