Ever found yourself in a position where you were going to contribute to a good cause: for instance, volunteering at a women's shelter to directly help victims of domestic abuse, only to find yourself rebuked a friend who went, "Why bother? More women will just get beat up everyday."
It probably stung. Do you remember how you reacted? Did you decide not to help, or did you press on ahead?
It basically states that if you can't do something perfectly (like solve all spousal abuse problems or world hunger in the twinkle of an eye), then you shouldn't bother at all. The problem with that is simple: there's NEVER a perfect solution, only shades of choices that are better than others, and mistakes you make and can hopefully learn from. Most mistakes aren't grievous and are fantastic "Lego blocks" to build progress upon.
Ramit Sethi, author of the new hit book I Will Teach You To Be Rich, makes this point. He was recently blogged by Will Chen on Wise Bread, and this quote from the book is the moment I knew Ramit was onto quality (as opposed to being just another yappy guru):
It sounds sexy, but when individual investors talk about complicated concepts like this [referring to buzzwords like "hedge funds"], it's like two elementary school tennis players arguing about the string tension of their racquets. Sure, it might matter a little, but they'd be much better tennis players if they just went outside and hit some balls for a few hours each day.
Ramit doesn't specifically cite "Nirvana fallacy", but that's what he's talking about. Everyday progress in increments, even when you don't feel like it, is far better than delaying and waiting for a "perfect day to start getting rich". That day will NEVER come. Ramit also compares personal finance to weight loss — the latter being plagued by buzzwords and too many arguments over which diet works best. I connected fad diets to social media snake oil salespeople earlier, so you can clearly see all these fields have a strong commonality:
Too many words, not enough action.
Yes, they have many uses but they're often used as an excuse for action. Words are often a stall tactic to debate points that disintegrate once you begin moving. Just like Tiger Woods must follow through on his golf swing after observing the scene and knowing what he has to accomplish, you must follow through on your plans — which are just theory. Words set the scene for what's to come, but will NEVER be a substitute for making progress, even if it's small victories.
The above isn't an end-all (like I said, words are overrated), but will help get you started.
The Nirvana fallacy may not be well-known yet (shy of 3,000 Google hits as of this writing), but its effects — too much talk, too little action are a common inhibitor to human potential. In fact, it almost stopped me from writing this article. That's when I ran through the list above, which I've had floating around in my head for some time now, and didn't just decide to do something about it — I did it.
Do you see the Nirvana fallacy taking a foothold in your life? Then it's time (now, not tomorrow) to make your move. Let me know your experiences!
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Great Post! I needed this today very much.
This makes me think of people who like to say "Something worth doing is worth doing well" or "Try not. Do or do not. There is no try" (damn you, Yoda!).
I suppose those ideas are meant to push people to succeed or to avoid half-hearted efforts, but for me, they've always seemed harsh. Why bother if your potential failure means that your attempt wasn't worth anything?
Failing is always more instructive than succeeding. Expecting perfection is bound to lead to disappointment.
It's refreshing to see someone bring this back into the public eye. I agree that people too many times think their way into deep periods of inaction. The key is to go out and do something even if you know the result isn't going to be 100%. I'd rather have a consistent 80% than weeks of 0% followed by a day of 100%...
... is "Something that's worth doing is worth doing badly."
Think about it.
Great post, this came at the perfect time for me as well.
For years I wanted to learn to play a particular musical instrument, and I wanted to write fiction. I was slow to start because I kept waiting for the right time, the right feeling, etc. Finally, I just started. Five years later I can play the instrument decently (and continue to get better) and I have written more than 200,000 words of fiction, some of it quite good. I am waaayyy ahead of where I would be if I had never started (and I doubt that at some point in the future I would have suddenly felt the perfect inspiration and instantly produced a work of shattering genius).
And, come to think of it, it worked for money management too. I used to think I could not start saving until I paid off all my debt. But, finally, I decided to start saving anyway, about 12 years ago. Ten years ago I bought my first house, and over the years I have steadily added to my retirement account, which is now in the healthly 6 figures. Meanwhile, I didn't get all my debt paid off until just this year (except the house - I still have a mortgage).
It reminded me of my first homework assignment in acting class: come in with one bad monologue. (We did! But we got better.)
The only thing that made me sweat a bit was the thought of sloppy work on hedge funds--no, please, no more! We've had enough of that, thank you very much.
@Guest: Thrilled you did!
@Andrea: Yoda is a Jedi Grandmaster for a reason, and if he were alive today, he'd endorse Nike's motto.
@Baker: You can bet I'm going to keep bringing it up as it's constantly relevant! Agree with you totally, plus, in most human activities, there's never an absolute 100% — we like to reflect what we might've done better, even years later.
@Margaret: That's great!
@Alex: Awesome.
@Jenniferal: You know what they say about "composing a great piece happens one note at a time". Or with writing, one word. That's why I like looking at Legos and how they're assembled into bigger forms which make construction less intimidating.
Your money management approach is similar to what Ramit Sethi mentions in his book. Glad to hear of your progress.
@A: The "hedge funds" quote should be taken within context, as Sethi calls out the BS and fear that financial advisors (not all, but many popular and visible "experts") instill in the public.
I was confronted with the Nirvana fallcy earlier this year. I had always wanted to start a blog, but didn't know the first thing about actually doing it. I wanted it to look professional, and not like some noob's creation. After a few months of reading up on the subject, I decided to jump right in and launch the blog. I didn't know a fraction of what I know now, and somehow was able to get it off the ground. It's still rough around the edges, but it would still be a "virtual" blog had I not thrown caution to the wind and finally started blogging.
...Ditch unsupportive friends and family...
A very bright acquaintance, (a very wealthy lawyer, too), told me how he handled his family after repeated cruel instances: when they called, he was not upset and did not yell or slam the phone. he calmly told them that he had considered their relationship and felt there was no need for any more contact with them. Then he quietly said goodbye and softly hung up.
That is some of the best advice I've ever gotten.
Great post.
I call this concept, Progress Over Perfection. That it is better to achieve progress than achieving perfection. While you are trying to perfect something before starting or releasing it, you could be making progress or improvements instead. We are all guilty of analysis paralysis to some degree . . .
You could apply this concept to almost every aspect of your life:
Your work life (Where I heard it)
Your relationships (Family and friends)
Your finances (Income, expenses, debt, etc.)
Your lifestyle (Self-Sufficiency)
Your projects (Garden, business, DIY)
The list could go on and on . . .
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