What Makes The Top 10% Of Founders Different? - Michael Seibel

Hatched by Kazuki
Jul 15, 2023
4 min read
3 views
Copy Link
What Makes The Top 10% Of Founders Different? - Michael Seibel
Transcript of "Gaming can make a better world"
In today's fast-paced and competitive business landscape, only a select few entrepreneurs manage to rise above the rest and achieve remarkable success. But what sets these top 10% of founders apart from the rest? According to Michael Seibel, there are several key factors that differentiate them.
Firstly, these successful founders never get stuck in the planning phase or become paralyzed by overthinking. They are masters of execution and formidability, always taking action and making things happen. They understand that ideas alone are not enough, and it is their ability to execute that truly sets them apart.
Another characteristic that sets the top 10% of founders apart is their clear communication skills. They can succinctly explain what their business does in just one to two sentences. This clarity in communication not only helps them attract investors and customers but also enables them to rally their team around a common vision.
Furthermore, these exceptional founders possess a strong internal motivation that keeps them going even when faced with setbacks and challenges. They don't easily get discouraged when things go wrong but instead use failures as learning opportunities. This resilience and inner drive play a crucial role in their ability to overcome obstacles and achieve long-term success.
While these qualities are essential for entrepreneurial success, there are other areas of life where we can learn valuable lessons as well. One such area is the world of gaming. Jane McGonigal, a renowned game designer, believes that games have the power to make the world a better place. In her TED Talk, she highlights four ways in which games are shaping us into virtuosos.
The first virtue that games instill in us is urgent optimism. In games, we are constantly faced with challenges and obstacles that require us to have an optimistic mindset and believe in our ability to overcome them. This sense of urgent optimism can be translated into real-life situations, where we can approach problems with a similar mindset and find creative solutions.
Another virtue that games cultivate is the ability to build a strong social fabric. When we play games, we have access to a vast network of collaborators who share a common goal. This collaborative nature of gaming fosters trust, cooperation, and stronger social relationships. It teaches us the importance of working together towards a common objective, a lesson that can be applied to various aspects of life.
Blissful productivity is another quality that games help develop. Contrary to popular belief, gamers often find more joy and fulfillment in hard work rather than relaxation. Games provide us with meaningful challenges and tasks that tap into our innate desire for accomplishment. This concept aligns with the idea of flow state, where individuals are fully immersed and engaged in their work, leading to increased productivity and satisfaction.
Lastly, games provide us with a sense of epic meaning. In the gaming world, we are part of a grand narrative where our actions have profound implications. This epic meaning gives us a sense of purpose and inspires us to make a difference. Imagine if we could harness this same level of motivation and engagement to tackle real-world problems like hunger, poverty, climate change, and global conflict. The potential for positive change would be immense.
So, how can we apply these lessons from gaming and the qualities of the top 10% of founders in our own lives? Here are three actionable pieces of advice:
- 1. Embrace a bias towards action: Instead of getting stuck in analysis paralysis, take decisive action. Break down big goals into smaller, manageable tasks and start executing. Learn from failures and keep moving forward.
- 2. Hone your communication skills: Practice explaining your ideas and business in one to two sentences. Develop a clear and compelling message that resonates with your audience and inspires them to take action.
- 3. Cultivate internal motivation: Build resilience and a growth mindset. Embrace failure as an opportunity to learn and grow. Develop a strong sense of purpose and find meaning in your work.
In conclusion, the top 10% of founders possess unique qualities that set them apart from the rest. Their ability to execute, communicate clearly, and stay internally motivated drives their success. Similarly, gaming teaches us valuable lessons in urgent optimism, social fabric, blissful productivity, and epic meaning. By incorporating these qualities and lessons into our own lives, we can strive for excellence and make a positive impact on the world.
Resource:
Copy Link