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10 Mental Models You Can Use to Become Extremely Successful

A collection of life-changing “rules of thumb”

Ayodeji Awosika
Apr 28 · 13 min read

The Savvy Gambler Model

“Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them.” — Annie Duke

What are some examples of these antifragile scenarios?

The Addition by Subtraction Model

“All I want to know is where I’m going to die so I never go there.” — Charlie Munger

Some examples:

The Shortcut to Success Model

“Focus on your strengths, not your weaknesses.
Focus on your character, not your reputation.
Focus on your blessings, not your misfortunes.” — Roy T. Bennett

The Wealth Building Model

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” “An asset puts money in my pocket. A liability takes money out of my pocket.” — Robert Kiyosaki

The Wealth Building on Steroids Model

“Compound interest is the eighth wonder of the world.” — Who cares whether or not Einstein actually said it.

The Uncommon Common Sense Model

“Bad behaviour is intensely habit forming when it is rewarded.” — B.F. Skinner

The Knowledge Hacking Model

The first rule is that you can’t really know anything if you just remember isolated facts and try and bang ’em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form. — Munger for the 97th time

The Behavior Influencing Model

“Show me the incentives and I will show you the outcome.” — Munger Ad Infinitum

The Safety From Ignorance Model

“Madness is something rare in individuals — but in groups, parties, peoples, and ages, it is the rule.” Friedrich Nietzsche

The Live Your Dreams Model

“Fear is good. Like self-doubt, fear is an indicator. Fear tells us what we have to do. Remember our rule of thumb: The more scared we are of a work or calling, the more sure we can be that we have to do it.” — Steven Pressfield

The Obvious Secret to Success

Your writing is very basic.

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