📓 Cabinet of Ideas

Auren Hoffman on X How Can I Accelerate My Personal Growth Most Smart People Out of College Grow an Average of Under 10 per Year. Which Means They Are Roughly Twice as Effective 7 Years After Graduating Co

Auren Hoffman on X: “How can I accelerate my personal growth? Most smart people out of college grow an average of under 10% per year. Which means they are roughly twice as effective 7 years after graduating college. That makes sense as most 29 year olds make double what they did their first job out…” / X #

Excerpt #

Post


Post #

Conversation #

How can I accelerate my personal growth? Most smart people out of college grow an average of under 10% per year. Which means they are roughly twice as effective 7 years after graduating college. That makes sense as most 29 year olds make double what they did their first job out of college. But growing at 10% per year is way too slow if you want to accomplish great things. You should be aiming to grow at a rate of at least 25% per year for your first few years out of school (like all things, your rate of growth (the second derivative of skill) will slow over time). To grow quickly, you need a job with the following criteria: 1. You’re surrounded by people who are smarter than you 2. You have an opportunity to fail 3. The company has a history of giving massive responsibility to people that look like you Find a company where at least 30% of the people are smarter than you You will grow the most through the people who surround you, so make sure those people are really impressive. Because people tend to hire those they know, many of these people will likely be your colleagues for the next 30 years. So pick your colleagues wisely. One simple heuristic to determine how smart the people at the company are is how selective they are in hiring. You want to pick a company that has a really hard (and often long) recruiting process where you need to meet a lot of people, complete a project, and have some grueling interviews. Because you know that everyone else the company hired went through the same process. Opportunity to fail You grow the most when you have a 30-60% chance of failure. To improve, you want to be in a position where success is not guaranteed. I will not improve my tennis game playing against a toddler. Too often, people are put into jobs that they will definitely succeed at. And while definite success initially feels good, it doesn’t help you grow. You should find an organization that will give you projects where there is a high chance of failure. Opportunities for massive responsibility Assuming you are an ambitious person who wants to have continued growth, you want the opportunity to be promoted and to be given continuously greater responsibility. The companies that are most likely to promote you quickly have a history of doing so and are experiencing high growth. Find people that joined the company out of college a few years ago with a similar profile that you have. Maybe they have a similar major, background, or school. And see if these people were given outsized responsibility in the company. If your abilities warrant it, you can also be given the chance. But if you have a hard time finding people, there will be little chance the company will look to promote you quickly. These three criteria are heavily weighted towards the selection of start-ups (fast growth companies with under 200 people). And it is not an accident that the very best grads over the last few years have been choosing start-ups over traditional choices like Google, Goldman Sachs, and McKinsey. In fact, so many great people are joining start-ups that traditional employers have been forced to massively increase salaries to attract students with the promise of short-term compensation. But not all start-ups are created equal. Look for the ones that have a really hard interview process, where they give you an opportunity to fail, and have examples of people just a few years older than you that have been given outsized responsibility.

[

Thiago Silva

]( https://twitter.com/thluiz)

Interesting because in the moment, the times where over days/weeks I’ve felt I was running in place the most were usually where I was growing the fastest looking back at it from a years/months perspective

During my physics degree for the majority of the time I had no idea what I was doing, I felt overwhelmed with the amount of material and basically tried to build the plane while flying it - it was also the time when I learned the most. Pursue that feeling

#

More Tweets

My observations about media since 2015: - If you’re B2C, you’re in the hits business. If you’re in B2B, you’re in the insights business. - Advertising is a bad business model unless you’re a platform. But it’s a necessary business model to prevent information inequality. -…

Show more

Miami is the city for people that want to be “happy, healthy, and wealthy” -

[

Image

]( https://twitter.com/the_hoch/status/1777345569716941235/photo/1)

harness inspiration when it’s ripe; don’t overcomplicate it with identity (from a note to someone i’m working with)

[

Image

]( https://twitter.com/isabelunraveled/status/1777462032033255435/photo/1)