November 29, 2023
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The Scarcity Paradox, Building Patience & More
At a glance
Good Morning. Welcome to all the new readers of Faster Than Normal who have joined us since last week!
Here’s what we’ll cover today:
Mental Model: The Scarcity Paradox.
Insight: Building Patience.
Quote: Quality of Decisions.
Question: Balanced Living.
Visual: Where Will The Next 1000 Babies Be Born?
Cheers,
Alex
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| Mental Model
The Scarcity Paradox
The more available something is, the less we want it.
What’s scarce is deemed valuable, what’s abundant is deemed worthless.
In reality, utility doesn’t always follow scarcity.
Abundant pleasures can be our most valuable pleasures—and vice versa.
| Insight
Patience is a skill that can be developed.
Challenge: Reflect on a recent situation where you struggled with impatience. Write about how you could have approached it with more patience.
Example: Waiting in line, dealing with difficult people, or learning a new skill.
| Quote
Zat Rana, writer and thinker, on the art of decision-making:
"In the end, what matters is not the number of choices you make, but the quality of the decisions you ultimately commit to.”
| Question
How can I create more balance between my personal and professional life?
A Visual I Enjoyed
Credit: www.visualcapitalist.com
Have a wonderful Wednesday, all.
Until next time,
Alex
| P.S. — My Weekly Picks
In the latest issue of Newsletter Circle, I shared how I grew Faster Than Normal to over 60,000 subscribers from scratch in 18 months.
Read the full interview. Subscribe to Newsletter Circle to learn how to build and level up your newsletter business.
20 Lessons from 120 Legendary Investors, Founders and Executives by Romeen Sheth. Curated collection of wisdom, where the brilliant minds of the business world converge to offer their invaluable lessons.
How To Ask Your Mentors For Help by Derek Sivers. How you ask for help can be as crucial as the help itself.