How to Build Habits Like an Entrepreneur

Michael Goldberg • July 22, 2021

Optimal Living Daily: Personal Development & Minimalism

Optimal Living Daily podcast episode: How to Build Habits Like an Entrepreneur
Here are my notes and thoughts on this quick little gem. The podcast is only about 10 minutes long and comes from a daily feed of positive, helpful ideas called “Optimal Daily Living.” Whether you’re an entrepreneur or not, the principles in this podcast are super helpful.

Core of Entrepreneurship and various tie-ins building successful habits:

  • Entrepreneurs are scrappy
  • They typically use a lot of trial and error
  • Similar approach to habit creation has shown to be highly effective

Entrepreneurs’ Best Practice for going to market with something new (and how to use same methodology towards habit formation):

  • MVP - Minimally Viable Product (somewhat working beta version)
    • Get going as quickly as possible
    • Keep it as simple as possible to start
    • Take feedback and revise for version 2.0
  • MVA - Minimally Viable Action - Starting point for new habits
    • Keep the end goal in mind 
    • Take most efficient and scrappiest way to get going - emphasise starting something rather than trying to be perfect on first attempt
    • Easy, simple, and repeatable - Don't try to go too big too fast
    • Test, improve, repeat
      • How does it feel?
      • Make it manageable
    • Pivot
      • Gives opportunity to change the behavior
      • Or kill it if it’s not working
      • Leads to what ends up working

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