3 ms·

Now I remember why I left LinkedIn. What kind of success? Why 1%, there are some things to achieve that have no fractions, like you don't start getting a brand

by ffhhj 4y ago

Now I remember why I left LinkedIn. What kind of success? Why 1%, there are some things to achieve that have no fractions, like you don't start getting a brand new car by obtaining a wheel. You can try representing that with money, well you don't really know how much money (or even time) a successful innovation will cost because it's a random walk.

_tom_ 4y ago
1% is, of course, a ridiculous number. You'd need scientific notation to express how wonderful you would be after 10 years, if you could do that.
- iamcurious 4y ago
  To make it more tractable, 1% daily growth, means doubling in about 70 days.
  - pitched 4y ago
    1% _max_ per day might be a good rule of thumb to stop when you’re ahead. 1% _min_ per day would be a death march!
peterhalburt33 4y ago
To your point, how can one measure 1% improvement in a meaningful way for abstract activities (e.g., learning)? The premise is that 1% improvement each day will yield large gains through the power of compounding, but if you aren’t sure you are making a quantified 1% improvement over your previous improved state things go awry quickly: if you only make 1% improvement over your original state each day then by the end of the year you have only improved by a factor of 4.65x, rather than your projected 37.8x improvement. Point being, if you want to take advantage of the sensitivity and power of exponential growth, you better be sure that you have a good way of quantifying your growth. I know this is probably meant to be more inspirational than quantifiable, but then why even insert numbers unless to mislead people about the amount of effort it takes to improve? Either way you have to put in the same amount of effort to achieve the improvement, whether you break it up into 1% chunks or not there’s no free lunch.

3 ms·

Now I remember why I left LinkedIn. What kind of success? Why 1%, there are some things to achieve that have no fractions, like you don't start getting a brand

by ffhhj 4y ago

_tom_ 4y ago
1% is, of course, a ridiculous number. You'd need scientific notation to express how wonderful you would be after 10 years, if you could do that.
- iamcurious 4y ago
  To make it more tractable, 1% daily growth, means doubling in about 70 days.
  - pitched 4y ago
    1% _max_ per day might be a good rule of thumb to stop when you’re ahead. 1% _min_ per day would be a death march!
peterhalburt33 4y ago
To your point, how can one measure 1% improvement in a meaningful way for abstract activities (e.g., learning)? The premise is that 1% improvement each day will yield large gains through the power of compounding, but if you aren’t sure you are making a quantified 1% improvement over your previous improved state things go awry quickly: if you only make 1% improvement over your original state each day then by the end of the year you have only improved by a factor of 4.65x, rather than your projected 37.8x improvement. Point being, if you want to take advantage of the sensitivity and power of exponential growth, you better be sure that you have a good way of quantifying your growth. I know this is probably meant to be more inspirational than quantifiable, but then why even insert numbers unless to mislead people about the amount of effort it takes to improve? Either way you have to put in the same amount of effort to achieve the improvement, whether you break it up into 1% chunks or not there’s no free lunch.