Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship pdfdrive com



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UNSCRIPTED Life, Liberty, and the Pursuit of Entrepreneurship ( PDFDrive )

BECOMING A CONSEQUENTIAL THINKER
These stories highlight the perils and positives of consequential thought. A
consequential thinker 
thinks before acting.
Consequential thinking extrapolates
outcomes and consequences. It assesses risk and probability and asks the
following questions: What are the worst-and best-case consequences of this
action and their reasonable odds? Are these consequences worth the risk I am
taking?
Thinking these questions, or Worst-Case Consequence Analysis (WCCA),
doesn’t take hours; it takes seconds. A proactive mind initiates them. Once
asked, catastrophic threats to your process can be exposed. If you’re thinking
about going into business with a partner who has two felonies and four
bankruptcies under his belt, would WCCA be a wee bit helpful?
Hindsight might indeed be 20/20, but so is consequential thinking. But
unlike hindsight, consequential thinking gives you ears to hear the cackling
chickens before they aim to roost.
Choice is the most powerful asset we own. All of us have it, but few respect it.
It steers our lives down an unending stream of outcomes. And those outcomes,
good or bad, must be endured. Wherever you are today—free from the 
SCRIPT
or imprisoned by it—face the uncomfortable truth: 
You are exactly as you have
chosen.
You are the appointed CEO of your life.
And yet most people make their life’s management decisions not as the CEO,
but as a preschooler awaiting instructions on when to get their midday nap.
Don’t be one of the millions of adults who still live like children.
In decision moments, remember: Piss-poor choices have piss-poor
consequences. Playing stupid games? Get rewarded stupid prizes. Don’t join the
legion of stupid-prize winners who are now whining and politicking that they’ve
been dealt an unfair hand when the truth is, they deserve it. Play, but play smart.
MONEY CAN’T BRIBE DISCIPLINE
The four disciplines and their importance go beyond 
UNSCRIPTED
. While a
profitable business earning both money and freedom is the goal, neither can
bribe discipline. In the end, the poor choices and their consequence inequalities
will always prevail. For instance, if you struggle to live on $50,000 a year, you’ll
probably struggle to live on $500,000—except your struggle happens in a six-


bedroom house. 
More money doesn’t solve money problems
. While a big income
can postpone or hide consequences, eventually the consequences outlast the
money. Chronic bad decision-makers are left nowhere to hide.
Like luck, it’s about probabilities.
The more you partake in risky, stupid behavior, the more likely it will scar
you for life. Just ask the once-famous millionaire athlete with six baby mamas,
who now teeters on bankruptcy. If you are undisciplined in the disciplines, the
consequences will outlast your cash.
What risky “YOLO” behaviors are you (or your peers) engaging in that are invariably
causing you to gamble with your future?



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