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Killing Complexity: The Power of Simple Rules, with Don Sull

Killing Complexity: The Power of Simple Rules, with Don Sull

FromGood Life Project


Killing Complexity: The Power of Simple Rules, with Don Sull

FromGood Life Project

ratings:
Length:
53 minutes
Released:
May 5, 2015
Format:
Podcast episode

Description

Imagine this...A financial genius spends his life developing a complex financial model with the intention of telling you what stocks to buy and sell, and when, in order to make the most money and minimize risk.You'd expect that model to out-perform a single rule that says something like "just split your money evenly between 20 stocks." Except, according to today's guest, Simple Rules co-author, Donald Sull, when that very experiment was run, the simple rule beat the expert every time.As amazing as technology and sophisticated systems are, they often end up performing no better than far simpler, yet often ignored simple answers.Same holds true for life. We spend so much time looking for the fancy methodologies, systems and technologies. We assume they've got to better than something that appears so simple. So we ignore the simple and waste tons of time and money building something that makes us feel better, but doesn't beat the easy answer. And that is a huge mistake.In this fascinating conversation, Sull draws on everything from his experience as a bouncer at a biker bar to his experience teaching entrepreneurship at Harvard and building and advising global brands to prove a simple point.With rare exception, from weight loss to wealth, simple always wins.If you've been feeling overwhelmed with complex problems, take a deep breath and listen to this episode.Links we mention:Simple RulesHoward StevensonHarry MarkowitzFollow Don:Website | Twitter | LinkedIn"Willpower is a reservoir, not a stream."
Released:
May 5, 2015
Format:
Podcast episode

Titles in the series (100)

Inspirational, intimate and disarmingly-unfiltered conversations about living a fully-engaged, fiercely-connected and meaning-drenched life. From iconic world-shakers like Elizabeth Gilbert, Brene Brown, Sir Ken Robinson, Seth Godin and Gretchen Rubin to everyday guests, every story matters.