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Discover Your Core Values & Operating Principles | Taylor Pearson | Modern Wisdom Podcast 199

Taylor Pearson is an investor and writer. Your life is highly controlled by your values and principles, even if you haven't written them down, or even know what they are. I fell in love with Taylor's blog post on this topic at the start of 2020 and just had to bring him on to discuss it. Expect to learn why defining your values & principles can change your life, the importance of aligning your intentions with your actions, how values & principles relate and differ, how to identify & create your own list and much more... Sponsor: Shop Eleiko’s full range at https://www.shop.eleiko.com (enter code MW15 for 15% off everything) Extra Stuff: Taylor's Core Value List - https://taylorpearson.me/core-values-list/ Taylor's General Operating Principles - https://taylorpearson.me/principles/ Follow Taylor on Twitter - https://twitter.com/taylorpearsonme Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom #corevalues #principles #lifehack - Listen to all episodes online. Search "Modern Wisdom" on any Podcast App or click here: iTunes: https://apple.co/2MNqIgw Spotify: https://spoti.fi/2LSimPn Stitcher: https://www.stitcher.com/podcast/modern-wisdom - Get in touch in the comments below or head to... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx Email: modernwisdompodcast@gmail.com

Taylor PearsonguestChris Williamsonhost
Jul 20, 20201h 5mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Turn Implicit Habits Into Explicit Principles To Direct Your Life

  1. Chris Williamson and Taylor Pearson explore how explicitly defining core values and operating principles can dramatically improve decision-making, alignment, and life satisfaction. They distinguish between high-level values (like courage or agency) and concrete operating principles (if-this-then-that rules that guide daily behavior). Taylor explains how he built his own list of values and 37+ principles from repeated mistakes, big life lessons, and ideas borrowed from others, then reviews them weekly to stay on course. They also cover working smarter (energy management, skills, automation), the role of courage in productivity, and practical methods for listeners to create their own value and principle systems.

IDEAS WORTH REMEMBERING

5 ideas

Externalize your values and principles to expose inconsistencies.

Writing down core values and operating principles lets you see where you act one way in work and another in relationships, revealing hypocrisy or misalignment so you can correct it.

Differentiate abstract values from concrete operating principles.

Values like courage or agency set direction, while operating principles are specific if‑this‑then‑that rules (e.g., “I always have time for a good friend”) that make daily decisions easier and more consistent.

Build principles from repeated mistakes and successes.

Each time you catch yourself making the same error or noticing a pattern that reliably works, codify it as a principle, then review that list weekly so you stop relearning the same lesson.

Focus first on avoiding catastrophic mistakes, not maximizing brilliance.

In careers, investing, and life, there are many ways to succeed but only a few ways to go broke; if you systematically avoid 'multiplying by zero', you give compounding a chance to work in your favor.

Match tasks to your energy, not just to your time slots.

Treat your best hours as a scarce resource; put cognitively demanding work (like writing or strategy) into your peak-energy windows and push admin/low‑value tasks into tired hours.

WORDS WORTH SAVING

5 quotes

Values are like courage or agency; principles are the if‑this‑then‑that rules where the rubber meets the road.

Taylor Pearson

If you’ve been working in a career for five years, you should have learned some things.

Taylor Pearson

I probably spend more time trying not to be stupid than trying to be clever.

Taylor Pearson

Once I get to 85% complete, I go into Terminator mode and just get it done.

Taylor Pearson (quoting Sebastian Marshall’s principle)

Escape competition with authenticity. No one can beat you at being you.

Naval Ravikant (quoted by Chris Williamson)

Difference between core values and operating principlesWhy externalizing values and principles improves alignment and decisionsHow to build and iteratively refine personal operating principlesAvoiding mistakes versus chasing clever wins (don’t multiply by zero)Working smarter, not harder: energy management, skills, tools, and automationCourage, resistance, and the “hero’s journey” in personal growthUsing authenticity and unique advantages to escape unhealthy competition

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