0/ How to become a better decision-maker
Understand the mental model the MAP is NOT the TERRITORY
Here’s how it works and why it’s one of the most helpful concepts for everyday life.
THREAD👇🧵
Understand the mental model the MAP is NOT the TERRITORY
Here’s how it works and why it’s one of the most helpful concepts for everyday life.
THREAD👇🧵
1/ When we have a problem we wish to solve, we turn to people who have solved that problem to ask them for answers.
This is seeking the map.
Don't seek the map.
This is seeking the map.
Don't seek the map.
https://twitter.com/ShaneAParrish/status/1321804061289701376?s=20
2/ Maps show us where to go. They give us DIRECTION.
But that's all they do. They don't tell us exactly what we need to do. In fact, NOTHING tells us exactly what we need to do.
The internet has popularized the idea that there is a certain roadmap to success - this is false.
But that's all they do. They don't tell us exactly what we need to do. In fact, NOTHING tells us exactly what we need to do.
The internet has popularized the idea that there is a certain roadmap to success - this is false.
3/ The territory represents all that COULD happen.
Maps cannot account for all that is within the territory because they are only depictions of other people's recollection of the territory - not yours.
Maps are helpful, but they cannot account for everything.
Maps cannot account for all that is within the territory because they are only depictions of other people's recollection of the territory - not yours.
Maps are helpful, but they cannot account for everything.
4/ Here's HOW TO APPLY the map is not the territory in practice.
I'm looking to purchase a rental property.
My plan is to learn about how to buy my first rental property by learning from other mentors/investors
I'm looking to purchase a rental property.
My plan is to learn about how to buy my first rental property by learning from other mentors/investors
https://twitter.com/austinschless/status/1357307265326469124?s=20
5/ The investors I speak with have maps - their own maps.
But their maps can't account for everything that could happen in the territory.
For example, their map might not include having to get up at 3:00 AM to drive 4 hours to deal with a plumbing issue.
But their maps can't account for everything that could happen in the territory.
For example, their map might not include having to get up at 3:00 AM to drive 4 hours to deal with a plumbing issue.
6/ Mentors have the answers for the things THEY have been exposed to.
They can tell you every single detail about THEIR journey, but their map is specific to them and their experiences.
If you are going to embark on the territory on your own, you'll need to make your own map.
They can tell you every single detail about THEIR journey, but their map is specific to them and their experiences.
If you are going to embark on the territory on your own, you'll need to make your own map.
7/ The only way to make your own map is by entering the territory on your own.
How?👇
You can try to source a bunch of maps from people who are familiar with the territory, but it's NOT going to tell you everything you need to know about the territory.
How?👇
You can try to source a bunch of maps from people who are familiar with the territory, but it's NOT going to tell you everything you need to know about the territory.
8/ So how can you prepare yourself for the territory?
First-principles.
First principle thinking allows you to cut through the bullshit analogies, step-by-step guides, and processes to help you understand the territory so you can create your own map.
First-principles.
First principle thinking allows you to cut through the bullshit analogies, step-by-step guides, and processes to help you understand the territory so you can create your own map.
9/ Here's an AMAZING thread from @jackbutcher and @SahilBloom about first principle thinking
https://twitter.com/jackbutcher/status/1354820709042638848?s=20
11/ If you enjoyed this, follow me for more threads on creator economy, mental models, and entrepreneurship👇
12/ You can find all of my threads in the meta-thread below!
https://twitter.com/austinschless/status/1357185332354113543?s=20
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