Insights from ‘Essentialism’ by Greg McKeown Flashcards

1
Q

According to Josh Billings, what is a common cause of trouble in life?

A

Saying ‘yes’ too quickly and not saying no soon enough.

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2
Q

What strategy did Warren Buffett use to become the most successful investor?

A

He was hyper-selective, saying no to 99 out of every 100 opportunities, focusing on just 10 investments.

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3
Q

Fill in the blank: ‘An essentialist thinks almost everything is ____, while a non-essentialist thinks almost everything is essential.’

A

non-essential

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4
Q

True or False: Essentialists view boundaries as constraints that limit productivity.

A

False

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5
Q

How does setting boundaries empower an essentialist?

A

Boundaries protect their time, allowing them to focus on their priorities rather than those of others.

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6
Q

What is a practical way to enforce boundaries mentioned in the text?

A

Create black-and-white rules, like not taking calls during specific hours or limiting email checks.

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7
Q

What is a trade-off in decision-making?

A

It’s the idea that saying yes to one opportunity means saying no to others.

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8
Q

What habit can help individuals avoid mistaking non-essential tasks for urgent matters?

A

Scheduling time to journal to gain perspective.

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9
Q

Comparison: How does a non-essentialist view boundaries differently than an essentialist?

A

Non-essentialists see boundaries as constraints, while essentialists view them as empowering tools to protect their priorities.

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10
Q

Fill in the blank: ‘We can try to avoid the reality of ____, but we can’t escape them.’

A

trade-offs

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11
Q

True or False: People generally lose respect for those who frequently say no.

A

False

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12
Q

Why might journaling help in an essentialist lifestyle?

A

Journaling allows one to step back, focus on the bigger picture, and avoid getting lost in non-essential tasks.

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13
Q

What question should you ask yourself before saying yes to an opportunity?

A

What other opportunities am I saying no to by saying yes to this?

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14
Q

Fill in the blank: ‘Our highest priority is to protect our ability to ____.’

A

prioritize

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15
Q

According to Greg McKeown, what can boundaries prevent?

A

They can prevent the non-essential from creeping into one’s life.

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16
Q

Application: If you want to protect time for family, what might an essentialist say?

A

‘No, I don’t want to go out for drinks because I want to spend time with my family.’