If You Want To Be SUCCESSFUL In Life, Master This ONE SKILL! | Simon Sinek

Last updated: Jun 1, 2023

The video is about the concept of infinite games and how playing with a finite mindset in an infinite game can lead to negative outcomes in business and life.

The video features Simon Sinek, a bestselling author and speaker, discussing the concept of infinite games in business and life. He explains that playing with a finite mindset, where the objective is to win, in an infinite game, where there is no such thing as winning, leads to negative outcomes such as a decline in trust, cooperation, and innovation. Sinek emphasizes the importance of prioritizing people and purpose over profit and resources in building great companies and creating a fulfilling life.

  • Business is an infinite game with changeable rules and known/unknown players.
  • Finite mindset in an infinite game leads to negative outcomes like decline of trust, cooperation, and innovation.
  • Great companies prioritize people before profit and will before resources.
  • Simon Sinek is a best-selling author and speaker who advocates for an infinite mindset.
  • Leading with an infinite mindset means prioritizing the will of the people over resources.
  • Prioritizing revenue over people can lead to negative outcomes in the long term.
  • Leading with an infinite mindset means prioritizing people over profit, which ultimately leads to more profit.
  • Psychologically safe spaces are necessary for people to be themselves and admit mistakes.
  • Driving people with a series of finite games destroys trust, cooperation, and innovation.

If You Want To Be SUCCESSFUL In Life, Master This ONE SKILL! | Simon Sinek - YouTube

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The Concept of Infinite Games

  • Business is an infinite game.
  • Finite games have known players, fixed rules, and agreed-upon objectives.
  • Infinite games have known and unknown players, changeable rules, and the objective is to perpetuate the game.
  • Leaders who play with a finite mindset in an infinite game can lead to negative outcomes.
  • Predictable outcomes of playing with a finite mindset in an infinite game include the decline of trust, cooperation, and innovation.
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Building Great Companies with an Infinite Mindset

  • Great companies are built with an infinite mindset.
  • Prioritizing people before profit is essential to building great companies.
  • Will before resources is also important.
  • Employees should feel like they are part of something bigger than themselves.
  • Effort should be worth more than simply the money made.
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Simon Sinek's Background and Work

  • Simon Sinek is a multiple-time best-selling author and speaker.
  • His TED Talk on starting with why has been viewed roughly 45 million times and translated into 48 languages.
  • He is a self-described unshakable optimist who has dedicated his life to bringing to fruition a world where people feel fulfilled by their work.
  • He has been invited to meet with the leaders of some of today's most important businesses and institutions.
  • He has contributed to prestigious media outlets such as The New York Times, Wall Street Journal, and MSNBC.
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If You Want To Be SUCCESSFUL In Life, Master This ONE SKILL! | Simon Sinek - YouTube

The Power of Starting an Infinite Game Movement

  • Simon Sinek's new book is about starting an infinite game movement.
  • He is calling his shot and laying the bricks to get a mass of people on board with the movement.
  • His ideas are like mind viruses that get inside people's heads and echo through culture.
  • Starting an infinite game movement is incredibly powerful.
  • It will be interesting to see what happens with this movement.
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Leading with an Infinite Mindset

  • Leadership is often taught as a finite game, with the goal of winning or being number one.
  • Leading with an infinite mindset means prioritizing the will of the people over resources.
  • There are two currencies in the infinite game: will and resources.
  • Organizing to win means prioritizing the score over inspiration and motivation.
  • The balance of will and resources is essential, with will coming before resources.
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The Problem with Prioritizing Revenue

  • Revenue is often seen as an agreed-upon metric for success in business.
  • There are two currencies in the infinite game: will and resources.
  • When we prioritize resources before will, it can lead to negative outcomes.
  • CEOs often say that their people are important, but where they prioritize them on the list is the problem.
  • People are willing to give their blood, sweat, and tears to leaders who understand the balance of will and resources.
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The Importance of Prioritizing People

  • Money is fuel for the organization, but people matter more.
  • CEOs who prioritize their people create better, more profitable companies.
  • People who are willing to give their blood, sweat, and tears make for better, more profitable companies.
  • Leading with an infinite mindset leads to disproportionately more successful and innovative companies.
  • When we take care of our people and they trust each other, the profits will come.
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The Irony of Prioritizing Profit

  • When we prioritize profit over people, it can lead to negative outcomes in the long term.
  • People who are only there for their own selfish needs are not the best people to help build a company for the long term.
  • Throwing money at people can make a company look successful for a while, but it doesn't mean it can last.
  • Leaders who prioritize their people create more innovative and successful companies.
  • Leading with an infinite mindset means prioritizing people over profit, which ultimately leads to more profit.
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The Importance of an Infinite Mindset

  • Profitable companies last for a long time because they continue to grow and innovate.
  • Genuine care for people leads to a desire to give more.
  • Writing down values makes them clear and helps with scaling.
  • Psychologically safe spaces are necessary for people to be themselves and admit mistakes.
  • Leading with a finite mindset can lead to hiding mistakes and not admitting when help is needed.
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The Difference Between Safe Spaces and Safety

  • Safety means feeling safe enough to be oneself and admit mistakes.
  • Psychologically safe spaces are necessary for people to feel comfortable admitting mistakes and asking for help.
  • Without psychologically safe spaces, people hide mistakes and don't admit when they need help.
  • Leading with a finite mindset can lead to people hiding mistakes and not admitting when they need help.
  • Creating psychologically safe spaces leads to innovation and cooperation.
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The Problem with Incentivizing Performance

  • Incentivizing performance only incentivizes behavior that leads to that performance.
  • Excessive pressure to achieve performance goals can lead to unethical behavior and hoarding information.
  • Modern businesses often have an excessive amount of finite thinking.
  • An infinite game provides context and leads to sustainable growth.
  • Driving people with a series of finite games destroys trust and cooperation.
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The Unsustainability of a Series of Finite Games

  • Driving people with a series of finite games is unsustainable.
  • There is no such thing as a perfect growth chart.
  • Driving people destroys trust and cooperation.
  • Without trust and cooperation, there is no innovation.
  • Investment banking before 2008 is an example of driving people with a series of finite games.
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The Rise of Finite Thinking in Business

  • Finite thinking is a modern invention that dominates business theory today.
  • Milton Friedman's theory of shareholder supremacy prioritizes profit over ethics, customer and employee needs.
  • Shareholder supremacy was popularized in the 80s and 90s, leading to mass layoffs and dismantling of Glass-Steagall.
  • Playing with a finite mindset does long-term damage to the system that is supposed to benefit everyone.
  • There is a decline of trust and loyalty in the business world due to the erosion of loyalty from companies to employees.
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The Negative Impact of Finite Thinking

  • Playing with a finite mindset leads to negative outcomes in business and life.
  • It causes a decline of trust and loyalty in the business world.
  • It leads to mass layoffs and dismantling of regulations that prevent another great depression.
  • It prioritizes profit over ethics, customer and employee needs.
  • It causes discomfort and unease in the workplace.
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The Shareholder Myth

  • The shareholder myth is a result of the decline of the middle class being involved in the stock market.
  • The stock market was created to share the wealth produced by average joe employees.
  • The genius of the modern day corporation was that everyone gets to share in the wealth produced.
  • However, the middle class is becoming less included in that success due to the rise of finite thinking.
  • The shareholder constituency is really just a bunch of institutional investors.
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The Importance of Infinite Thinking

  • Infinite thinking is the key to success in business and life.
  • It prioritizes long-term success over short-term gains.
  • It focuses on creating a better future for everyone, not just a select few.
  • It values ethics, customer and employee needs over profit.
  • It creates a culture of trust and loyalty in the workplace.
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The Concept of Infinite Games

  • Business is an infinite game.
  • Playing with a finite mindset in an infinite game can lead to negative outcomes in business and life.
  • Leadership in business today is finite-minded.
  • Building great companies is with an infinite mindset.
  • Prioritizing people before profit and will before resources is important.
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Discovering the Infinite Game

  • Simon Sinek got tired of being told he was naive and didn't understand how business works.
  • Business is an infinite game and the majority of people actually understand more.
  • Leadership in business today is finite-minded.
  • Business is a lifestyle and requires an infinite mindset.
  • Leading with an infinite mindset means working towards goals vigilantly and continuously.
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Example of Finite-Minded Business

  • Businesses often give teams a financial target to hit by a certain time frame.
  • Two teams exist: one driven solely by hitting the goal and one with an infinite mindset.
  • The team driven solely by hitting the goal has fluctuating morale and terrible retention.
  • The boss is toxic and the team engages in unethical behavior to hit the goal.
  • The team hits the goal and is bonused, spreading the message that unethical behavior is acceptable as long as the goal is hit.
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