Praveen Ramesh

I write about things I learn from books, and my observations on being a creator

This is a follow-up to my blog on changing opinions. Vignesh, who’s good friend provided the following insight on rethinking

The first step to changing your opinion is to admit that you don’t even remember why you came to a certain conclusion. Most of us picked it up along the way.

And that’s when I realised that we never really “think” about how we formed an opinion. Awareness of how or why you have a certain point of view is great starting point in rethinking perspectives.

Thoughts?

We grossly underestimate the power of compounding. I want to explain it with an example.

Two people are awarded money for working out. But with a slightly different kickers.

Person A

He’s offered $5000 at the end of every month. He will receive this irrespective of how well he performs in training.

Person B

She’s offered $10 per week to workout. This amount increases by 10% at the end of every week. All she has to do is show marginal progress week on week.

Let’s map out how much they would have at the end of each month

At the end of Year-1 (Month-12), Person B looks like a stupid for letting go of ‘easy money’.

But wait.. the compounding magic is yet to kick-in…

In Month-16,

  • Person B ($86,762) will make as much as Person-A ($80,000). Phew finally!

In Month-17

  • Person B will make $127,000. That’s a whooping $40,000 more than Person A ($85,000)

And if she keeps going, at the end of Year-2 (Month-24)

  • Person B will make a whooping $2.2 Million averaging $1.1 Million/year
  • Compare this to Person A who will make $120,000 averaging $60,000/year.

Massive success are built on small, unsexy, and imperceptible everyday decisions.

What’s your excuse?

The fear of failure and judgement stops us from doing things. Especially things that are considered risky in our worldview.

What if we fail?

The question is not what if. All of us are certain to fail. The question needs to be what next after failure?

Depending on where (and how) we failed, we will be one step closer to success. We become wiser and stronger with our experiences. We make better connections and start looking things from a new perspectives.

And almost certainly can become torchbearers for people who’re hesitant to try newer things.

We love people who look effortless in their trade.

The Youtuber who’s winging it.

The singer who does not have stage fear

Or the designer who comes with design in a jiffy.

Heres the thing- we have to put in more effort in order for something to appear effortless.

Effortless actions are result of mindful and effortful practice on a consistent basis.

Simple is actually not simple.

I love creating. I get excited by speaking to people who create. The bloggers, video creators, Instagrammers, Tik-Tok’ers, artists, singers, musicians and the likes.

But here’s the thing- only a handful of people I know create stuff. Procrastination aside, a lot of them state lack of ‘creativity’ as a blocker to get started.

Here are 7 things about creativity that I observed, and learnt over the years.

  • Being Creative ≠ Being Original

Even the best creators we know seek inspiration from somewhere. Don’t let originality stop you.

  • Creativity= Connectivity

Art manifests itself when you connect things you’ve read, observed and seen.

  • Record Your Ideas

All of us overestimate our ability to remember things. Note down and preferably record ideas as soon as they come to you.

  • Open Minded

Creativity ceases the moment you close yourself to a single vantage point. Explore, speak and read about things that don’t align with your world view.

  • Expertise is overrated

You don’t need to be an expert to be creative or share things. You can document your journey/learnings along the way.

  • Time Complicates Things

Most creators I know sweat the small details. Sit on their idea before they feel bored or discouraged. Always work with a deadline or an MVP in mind. We can figure stuff along the way.

  • Be Personal

I often fall into the trap of wanting to sound intelligent and hence creating things that will get me eyeballs.

Create things for personal joy. Because you enjoy doing them!

Economists at Berkley have estimated that members with an annual gym membership paid more per class than those who opted for a monthly membership. Basically, those with a monthly membership had attended more class for every penny they invested.

How often have we been in this scenario? 

  • Buying a yearly planner and not using it beyond three days. 
  • Buying an annual subscription of your favourite tool and not using them! 

This happens because of pre-commitment. Pre-commitment often fails because our motivations and actions are external. And we won’t stick to things unless our motivations are internal.

Paying money does not equal to you turning up at the gym. Investing just money in self-improvement rarely propels self-improvement.

How can we overcome this?

With pre-commitment, we assume that our future self will want/need the same stuff as our present self. We overestimate our abilities and motivations and end up spending on things we might not stick to. 

Start with a MVB- Minimum viable habit. 

  • A simple A4 sheet over a journal
  • A weekly/monthly subscription over annual subscription. 
  • Cutting one day of junk before going 'all-in'. 

Thoughts?

When was the last time you changed your mind about something you’ve staunchly vouched for? 

I rarely did. Until I read Think Again by Adam Grant. I summarised my learning here.

But in a nutshell, if a point of view dominates your worldview, you’ll explain every situation through that lens. Changing your perspective/lens helps you decipher things like a scientist. 

It’s akin to wearing a pair of spectacles with coloured lenses. Try blue, green, and natural- different things start to come together. How? I do a few things

  1. Read books that don't confirm with my worldview
  2. See multiple articles/perspectives for the same news. You'll get to know both sides. 
  3. Don't be embarrassed to admit that you changed your POV.  What would you add?

How long should your copies be? 

As with most things in life, it depends. But I always like to start by writing as if I were writing a classified. 

What’s the offer? What action you want me to take? And when should I act? 

“Join my dance class now. Lose weight”. 

Writing a classified makes you pay by the word

7 words, 1 promise and 1 action. I know this might not make the cut (unless I’m the only one running the dance class in here). 

May be I want to add a social proof. Throw in an offer to create urgency. Back up my claims. 

Slowly but carefully I add blocks to my classified. 

I will try and keep it as long as it needs to be. Not any longer or shorter. 

Thoughts? 

When we want to start working out, the type of workout doesn’t matter. 

When we start our creative journey, the type of content doesn’t matter. 

When we learn to cook, the type of cuisine doesn’t matter. 

When we begin investing/saving, the financial instrument doesn’t matter. 

Often we place a lot of emphasis on the tools, optimise for the right’ step, and the bells & whistles surrounding a journey. 

The first step doesn’t define our journey. It’s just a giant leap from our current state. 

When we start, the medium doesn’t matter. Period.

In retrospect all of us are experts. And it’s always that way.

With everything in the past, we connect the dots, edit what we remember (and what we don’t) and tell a story that’s neat and coherent. We can compress all of our life’s history in 200 pages or so, with accurate reasoning for everything that happened.

This is called Hindsight Bias. I read about it in “Art Of Thinking Clearly

Hindsight bias changes how we remember or recall information. We only remember stuff that confirms with our world view.

One way I’m trying to overcome this is by journalling. Document why I take a certain decision, what is my emotion like, what am I feeling et al.

Over to you!