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The Earned Life

The Earned Life

Lose Regret, Choose Fulfillment
by Marshall Goldsmith 2022 304 pages
4.03
500+ ratings
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Key Takeaways

1. Embrace the "Every Breath" Paradigm: Your Life Reinvented with Each Moment

"Every breath I take is a new me."

Continuous rebirth. This Buddhist concept encourages us to view life as a series of discrete moments, each offering an opportunity for reinvention. By embracing this paradigm, we free ourselves from the weight of past mistakes and the anxiety of future uncertainties. Instead, we focus on the present moment, where real change and growth occur.

Practical application. This mindset allows us to:

  • Forgive ourselves for past errors, recognizing they were made by a "previous self"
  • Approach each interaction and decision with fresh perspective
  • Cultivate mindfulness and presence in our daily lives
  • Embrace change more readily, seeing it as a natural part of our evolving selves

By adopting this outlook, we can more easily let go of regret and focus on creating the life we want in each new moment.

2. Overcome Inertia and Create Your Own Life

"Dammit, Mark. When are you going to start living your own life?"

Breaking free. Many of us live lives shaped by external expectations, inertia, or fear. Creating our own life requires recognizing and overcoming the forces that hold us back, such as:

  • Parental programming
  • Societal expectations
  • Fear of failure or judgment
  • Comfort with the status quo

Taking action. To create your own life:

  • Identify your true passions and values
  • Challenge self-limiting beliefs
  • Take calculated risks
  • Surround yourself with supportive people
  • Embrace discomfort as a sign of growth

Remember, the life you want won't create itself – you must actively shape it through conscious choices and persistent effort.

3. Align Motivation, Ability, and Understanding for Success

"Motivation is the reason you try to succeed at a chosen task."

The success triad. Achieving success in any endeavor requires the alignment of three key elements:

  1. Motivation: The driving force behind your actions
  2. Ability: The skills and aptitude needed to perform
  3. Understanding: Knowing what to do and how to do it

Holistic approach. To maximize your chances of success:

  • Cultivate intrinsic motivation by connecting your goals to your values and passions
  • Continuously develop your skills and knowledge in your chosen field
  • Seek mentorship and guidance to deepen your understanding of best practices
  • Regularly assess and realign these elements as you progress

By ensuring these three factors are in harmony, you create a solid foundation for achieving your goals and living an earned life.

4. Master the Agency of No Choice

"When you have only one choice, the only acceptable response is to make that choice work."

Embracing constraints. The "Agency of No Choice" is a powerful concept that can lead to increased focus, commitment, and results. By deliberately limiting our options, we eliminate the paralysis of endless possibilities and channel our energy into making the best of our chosen path.

Implementing the concept:

  • Identify key areas in your life where decisiveness is crucial
  • Make a clear, committed choice in these areas
  • Remove or ignore alternatives that might distract you
  • Focus all your energy on making your chosen path successful

This approach can be applied to career decisions, relationships, personal projects, or any area where you want to achieve significant progress. By fully committing to your choices, you increase your chances of success and reduce the mental burden of constant second-guessing.

5. Privilege Your Future Self Through Aspiration

"Aspiration is an act of privileging your future over your present."

Future-focused living. Aspiration is the bridge between who we are now and who we want to become. It involves setting goals and working towards them, but more importantly, it's about developing the values and qualities we admire in our ideal future self.

Cultivating aspiration:

  • Clearly define your long-term vision for yourself
  • Identify the qualities and skills your future self would possess
  • Take daily actions that align with this vision, even if they're uncomfortable
  • Regularly reflect on your progress and adjust your approach as needed

By consistently privileging your future self, you create a powerful momentum towards personal growth and fulfillment. This process helps you make decisions that serve your long-term interests, even when faced with short-term temptations or challenges.

6. Balance Opportunity and Risk in Decision-Making

"The opportunity is not the reward itself, but rather getting the opportunity to earn the reward."

Calculated risk-taking. Success often requires taking risks, but not all risks are worth taking. The key is to balance the potential opportunities with the associated risks, using a framework that considers both short-term and long-term consequences.

Decision-making framework:

  1. Clearly define the opportunity and potential reward
  2. Assess the risks involved, both immediate and long-term
  3. Consider how the decision aligns with your values and long-term goals
  4. Evaluate your ability to handle potential negative outcomes
  5. Make a decision based on a holistic view of the situation

By thoughtfully weighing opportunities against risks, you can make more informed decisions that lead to growth and success while minimizing unnecessary setbacks.

7. Embrace Specialization to Find Your One-Trick Genius

"When you develop a highly specialized skill and practice it like a dedicated craftsman, you can call the shots."

Focused excellence. In a world that often values generalization, there's immense power in becoming a specialist – a "one-trick genius" in your chosen field. This approach allows you to:

  • Develop unparalleled expertise in a specific area
  • Stand out in a crowded marketplace
  • Command higher compensation for your unique skills
  • Find deeper fulfillment through mastery

Discovering your specialty:

  • Identify your natural talents and interests
  • Look for areas where your skills intersect with market demand
  • Commit to continuous learning and improvement in your chosen field
  • Seek out mentors and peers who excel in your area of focus

Remember, your "one trick" doesn't have to be narrow – it can be a unique combination of skills or a particular approach to solving problems in your field. The key is to develop a distinctive expertise that sets you apart and provides value to others.

8. Cultivate Discipline Through Compliance, Accountability, Follow-up, and Measurement

"Discipline and willpower are not bequeathed to you at birth. You earn them every day."

Building self-regulation. True discipline isn't about willpower alone – it's a system of habits and practices that support consistent action towards your goals. Four key elements contribute to this system:

  1. Compliance: Adhering to established rules or guidelines
  2. Accountability: Taking responsibility for your actions and their outcomes
  3. Follow-up: Regularly reviewing and adjusting your approach
  4. Measurement: Tracking progress and performance objectively

Implementing the discipline system:

  • Set clear, specific goals and rules for yourself
  • Share your commitments with others to increase accountability
  • Schedule regular check-ins to assess your progress
  • Use objective metrics to measure your performance
  • Adjust your approach based on feedback and results

By incorporating these elements into your daily life, you create a structure that supports consistent progress and helps you overcome the limitations of willpower alone.

9. Implement the Life Plan Review (LPR) for Continuous Improvement

"The objective of the Life Plan Review, or LPR, is to close the gap between what you plan to do in your life and what you actually get done."

Structured self-reflection. The Life Plan Review is a powerful tool for aligning your daily actions with your long-term goals and values. It provides a framework for regular self-assessment and course correction.

Key components of the LPR:

  1. Daily self-monitoring of key areas (e.g., goal-setting, progress, meaning, happiness)
  2. Weekly group meetings to share progress and challenges
  3. Focus on effort rather than results
  4. Community support and accountability

Implementing the LPR:

  • Identify 5-7 key areas of your life to monitor
  • Rate your daily effort in each area on a scale of 1-10
  • Form or join a small group (5-8 people) for weekly check-ins
  • Use the group meetings to share insights, challenges, and support

By consistently engaging in this process, you create a feedback loop that keeps you aligned with your goals and values, leading to greater fulfillment and success.

10. Ask for Help and Build a Supportive Community

"The smartest, most accomplished people I know are the most avid builders of their own support group and the most reliant on their group for help."

Strength in vulnerability. Asking for help is not a sign of weakness – it's a crucial skill for achieving success and living an earned life. By acknowledging our limitations and seeking support, we open ourselves to new perspectives, resources, and opportunities.

Cultivating a support network:

  • Identify areas where you need help or guidance
  • Practice asking for specific assistance without shame
  • Offer help to others, creating a culture of reciprocity
  • Join or create communities aligned with your goals and values
  • Regularly express gratitude for the support you receive

Remember that no one achieves greatness alone. By building and nurturing a supportive community, you create a powerful network that amplifies your efforts and helps you overcome obstacles.

11. Earn Credibility and Practice Singular Empathy

"Credibility is a reputational quality earned over time when people trust you and believe what you say."

Trust and understanding. Credibility and empathy are two essential qualities for making a positive impact and living an earned life. Credibility allows you to influence others, while empathy helps you build strong relationships and understand diverse perspectives.

Building credibility:

  • Consistently deliver on your promises
  • Demonstrate expertise in your field
  • Be transparent about your limitations and mistakes
  • Seek and act on feedback

Practicing singular empathy:

  • Focus on understanding the person in front of you, in the present moment
  • Listen actively without judgment
  • Acknowledge others' emotions and experiences
  • Take appropriate action to support or assist when needed

By combining earned credibility with genuine empathy, you create a powerful foundation for positive relationships, influence, and lasting impact in both your personal and professional life.

Last updated:

Review Summary

4.03 out of 5
Average of 500+ ratings from Goodreads and Amazon.

Readers find The Earned Life insightful and thought-provoking, praising Goldsmith's wisdom on living a fulfilling life. Many appreciate the Buddhist-inspired philosophy of impermanence and present-focused living. The book's concepts of aligning actions, ambitions, and aspirations resonate strongly. Some find the anecdotes and exercises particularly helpful. While a few note recycled content from previous works, most reviewers consider the book valuable for personal development, regardless of one's career stage or life circumstances. Many express intentions to reread and apply the book's principles.

Your rating:

About the Author

Marshall Goldsmith is a world-renowned executive coach and bestselling author. He holds a Ph.D. from UCLA Anderson School of Management and has advised over 200 major CEOs and management teams. Goldsmith's expertise lies in helping leaders achieve positive, lasting change in behavior. His other popular books include "What Got You Here Won't Get You There" and "Triggers." Recognized as a top leadership thinker, Goldsmith's work combines practical business experience with insights from various disciplines, including Buddhism. His coaching style emphasizes accountability and follow-through. Goldsmith resides in Nashville, Tennessee, with his wife and continues to influence leaders across industries through his writing and coaching.

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