Lazy Work, Good Work
The Morgan Housel Podcast
Morgan Housel
4.9 • 1.1K Ratings
🗓️ 24 May 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
The most productive work you can do often looks like the laziest -- but it can be hard to accept that because of how the workplace has changed over the last 100 years.
Transcript
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| 0:00.0 | Welcome back. |
| 0:09.0 | Nice to see you again. |
| 0:12.0 | This episode today has really nothing to do with money or investing. |
| 0:17.1 | It has to do with work and the kind of work that so many of us do today. |
| 0:25.0 | John D Rockefeller was the most successful businessman of all time. |
| 0:31.0 | He was also a recluse. He spent a lot of time just by himself. He rarely spoke to other people. |
| 0:40.0 | And he deliberately made himself inaccessible and remained quiet if you happen to catch his attention at the company. |
| 0:48.0 | A refinery worker who occasionally had Rockefeller's ear at work once said, quote, |
| 0:55.0 | he lets everybody else talk while he sits back and says nothing. |
| 1:01.0 | But he seems to remember everything, and when he does begin to speak, he puts everything in its proper place. |
| 1:09.7 | And there are so many examples of Rockefeller doing just that. |
| 1:14.3 | One of Rockefeller's favorite poems that he recited very often at work said, quote, |
| 1:20.8 | A wise old owl lived in an oak. The more he saw, the less he spoke. The less he spoke, the more |
| 1:28.8 | he heard. Why aren't we all like that old bird? |
| 1:34.0 | So look, Rockefeller was a strange guy. |
| 1:37.0 | But the more I read about him, |
| 1:40.0 | the more I realize that he had just figured something out that now applies to literally tens of millions of workers today |
| 1:49.7 | Rockefeller's job was not to drill oil wells or load trains or to move barrels of oil. |
| 1:58.3 | His job was just to make a good decision. And making decisions requires more than anything else, just quiet time alone in your own head to think a problem through. |
| 2:11.0 | So Rockefeller's product that he delivered wasn't what he did |
| 2:16.2 | with his hands or even with his words. It was what he figured out inside of his |
| 2:21.1 | head. So that's where he spent most of his time and energy, quietly |
... |
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