The Branching Tree Where You Never Do What You Want
Thiel: When you think of the future as indefinite, you pick a job that you think will be good on your resume because it will lead to a different job later on. There's even a credentialing version — you go to grad school, you get a consulting job.
You think of it as this branching tree diagram where you never really do something that you want to do.
A branching tree diagram where you never really do something that you want to do.
Three Horizons
Thiel: Think of the future on three horizons. Short-term: are you going to be happy? Will you be learning a lot? Medium-term: how good is it on your resume? Long-term: are you working on something important or meaningful?
We are in a skewed world where we overweight the medium-term and underweight some combination of the short-term and the long-term.
Short-term: happiness and learning. Medium-term: resume. Long-term: something important.
Forget the Medium-Term
Thiel: I would recalibrate it to focus on some combination of short-term and long-term, and forget about the medium-term.
Forget the medium-term. Focus on happiness now and importance long-term.