I Made $270 Million Using 8 Mental Models | The Oodie Founder

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Here are eight mental models I use daily as a young entrepreneur.

The world is a complex place, and often we don't get to see the whole picture. So whether you are striving to succeed in the business world or struggling to keep up with your personal goals, mental models are a great way to reduce this complexity.

All great minds use these shortcuts to help them understand the problem in front of them and overcome it. People like Elon Musks, Jeff Bezos and the pioneer who made these models famous, Charlie Munger, stand by these mental models.

Follow these eight amazing models today!

00:29 - Inversion
01:15 - Margin of safety
02:37 - Circle of competence
04:09 - Pareto Principle
05:47 - Opportunity cost
06:57 - First Principle
07:55 - Hanlon's Razor
08:51 - Flywheel Effect

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