"The Empowerment Economy: Building Platforms for Success and Beating Perfectionism"
Hatched by Kazuki Nakayashiki
Sep 17, 2023
4 min read
8 views
"The Empowerment Economy: Building Platforms for Success and Beating Perfectionism"
In today's ever-evolving landscape of digital platforms and careers, two key concepts have emerged: "The ____ Economy" and the struggle with perfectionism. These seemingly unrelated topics actually share common threads and valuable insights that can guide us in building successful platforms and overcoming the pitfalls of perfectionism.
"The ____ Economy" refers to the various economic models that have emerged in recent years, where platforms empower individuals to make money and build successful careers. From the Information Economy to the Creator Economy, these platforms have thrived by providing economic empowerment to their users. Jeff Jordan, a seasoned entrepreneur, emphasizes the importance of building things that help people make money as the secret to success. This rings true for many of the big platforms we know today, such as Instagram, YouTube, and Twitch, which initially started as social networks but evolved into avenues for income generation. Regardless of their initial purpose, these platforms found success by tapping into the desire for economic empowerment. For founders and investors, the key question is whether their platform has the potential to become part of "The ____ Economy."
On the other hand, perfectionism is a common struggle faced by many individuals. Perfectionists hold themselves to excessively high standards and adhere rigidly to those standards, often leading to burnout, neglect of other responsibilities, and constant dissatisfaction. However, perfectionism itself is not inherently negative. It is the rigidity around those standards that causes problems. The antidote to perfectionism lies in understanding the purpose of our rules and being flexible enough to adapt them to different situations. Psychologists distinguish between tracking, which is following rules based on positive outcomes, and pliance, which is following rules due to social pressure. By cultivating contingency-shaped behavior and allowing our experiences to teach us, we can break free from rigid rule-following and embrace a more effective way of life.
To combat perfectionism, it is crucial to identify our values. Values serve as guideposts for our lives, directing us towards the journey we want to embark on. Unlike goals, which have an end date, values are enduring and provide intrinsic motivation. Research shows that individuals are more likely to approach difficult circumstances when they align with their personal values. By understanding our values, we can navigate the challenges of perfectionism and stay true to what truly matters to us.
Interestingly, the thoughts and ideas that drive us mad with perfectionism can actually be a gift. They point us towards what is most important to us. However, it is essential to differentiate between rules we follow because we think we "should" and rules we follow because we genuinely desire the outcomes they bring. Developing awareness allows us to gain freedom from our thoughts and feelings, a concept known as defusion. With this freedom, we can choose how to behave and align our actions with our values. Embracing variability in behavior allows us to learn and grow.
In conclusion, building platforms that empower individuals to make money and overcoming perfectionism are two significant challenges in today's world. By recognizing the potential for economic empowerment in our platforms and cultivating flexibility in our approach to rules, we can create successful platforms that benefit both users and creators. Breaking free from the rigid standards of perfectionism and embracing our values lead to personal growth and fulfillment. To apply these insights, here are three actionable pieces of advice:
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When developing a platform, consider how it can empower individuals to make money and build successful careers. Economic empowerment is a key driver of success in "The ____ Economy."
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Challenge the rigidity of perfectionism by understanding the purpose behind your rules. Be flexible in adapting them to different situations and learn from your experiences.
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Identify your values and use them as guideposts in navigating the challenges of perfectionism. Let your values guide your decisions and actions, allowing for growth and fulfillment.
By incorporating these actionable advice, we can navigate the complexities of building successful platforms and overcoming the pitfalls of perfectionism in our personal journeys. The Empowerment Economy and the battle against perfectionism are interconnected, offering valuable insights for both entrepreneurs and individuals seeking personal growth.
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