1-1-1: On the stop-doing list, the error-free session, and why complexity is a hedge
In our culture, we are taught that to achieve more, we must add more. More features, more side hustles, more apps. My study of self-made millionaires revealed the opposite: Success is not a statue you build; it is a statue hidden inside a block of stone. You reach the 1% by deleting the behaviors holding you back.
1. The Habit: The Stop-Doing List
We all have to-do lists that grow indefinitely. But the self-made elite are obsessed with their Stop-Doing List. They identify the leaks in their bucket before they try to pour more water in.
The Habit: Every month, identify one low-value behavior that is taxing your cognitive load. It could be checking your phone in the first hour of the day or over-analyzing a decision that doesn't move the needle. Delete it for 30 days. Don't replace it. Just remove it. You don't need more productivity hacks; you need less friction.
2. The Lesson: The Error-Free Session
In my trading laboratory, my most profitable days aren't the ones where I find a genius trade. They are the days where I delete my mistakes. The Lesson: If I simply delete revenge trading, over-leveraging, and entering without a signal, my equity curve turns upward automatically. I don't need a better strategy; I need a cleaner execution. In a high-stakes environment like the Nasdaq, you don't win by being a genius; you win by being the person who makes the fewest unforced errors.
3. The Truth: Complexity is a Hedge Against Conviction
The third pillar of the Selfmade Habits research is about the trap of "busy work."
The Truth: People use complexity to hide their lack of discipline. They build 12-monitor setups and 50-step workflows because it feels like work, while avoiding the one simple, difficult thing that actually generates wealth. The 1% have the courage to be simple.
To the 1%,
Indy Karveli Author of Selfmade Habits