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Showing posts with the label Change

Enabling Habit Ecosystems

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(4 mins read)  In last week's article we talked about how you can build habits into your life.  But I often wondered if there was a way to go one up on that and build an ecosystem of habits to perform on a whole different level?  In this article, we will cover how some of these habits, coupled together, create exponential impact. Let's begin to understand this ecosystem beast slightly better. What is a Habit Ecosystem? An ecosystem is defined as an area where organisms(Plants, animals, other creatures) as well as externalities(weather and landscape), work together to achieve an end result (form a bubble of life). We will take this exact analogy and replicate what an ecosystem represents in habit terms. Let me take the liberty to define a habit ecosystem. A habit ecosystem manifests itself as a mental model(area) where a set of habits(organisms) as well as optimizations(weather) and processes(landscape) work together to form an achievement of expertise(bubble of life). S...

Habit Formation

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  (4 mins Read) Based on collective feedback from the previous article , I have decided to focus on anecdotes within this article on how I built some habits into my life. Let's start by defining a very interesting concept called the utility function. The Utility Function In Economics, the utility function represents the satisfaction that consumers receive for choosing and consuming a product or service. D uring my B-school days, just like many of my batch-mates, I decided to define my own personal utility function. Hence, I want you to think of the utility function as something that you wish to define your own life with. It consists of variables one may wish to maximize/minimize in life. For example - one may wish to maximize their happiness and wealth while minimizing stress. Your own utility function may contain more than just one variable. Mine would read something like this: My aim in life is to maximize these. With this in mind, I have defined the habits that I need to get ...