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

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

Modern WisdomJul 20, 20201h 5m

Taylor Pearson (guest), Chris Williamson (host), Narrator

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

In this episode of Modern Wisdom, featuring Taylor Pearson and Chris Williamson, Discover Your Core Values & Operating Principles | Taylor Pearson | Modern Wisdom Podcast 199 explores turn Implicit Habits Into Explicit Principles To Direct Your Life 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.

Turn Implicit Habits Into Explicit Principles To Direct Your Life

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.

Key Takeaways

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.

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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. ...

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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.

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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.

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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.

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Use courage as a productivity tool, not just a moral ideal.

Many bottlenecks—difficult conversations, shipping work at 85% done, starting a project or relationship—are resolved faster by a brief act of courage than by adding more hacks, apps, or hours.

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Continuously learn and systematize to work smarter, not harder.

Combining deliberate skill acquisition with simple systems (text expanders, calendar links, virtual co‑working, assistants) lets you offload repetitive work to software or others and reserve your attention for high‑value thinking.

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Notable 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)

Questions Answered in This Episode

How do you distinguish between a value you genuinely hold and a trait you simply wish you had when you’re writing your own list?

Chris Williamson and Taylor Pearson explore how explicitly defining core values and operating principles can dramatically improve decision-making, alignment, and life satisfaction. ...

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What practical process would you use to review your principles each week without it becoming a box‑ticking ritual?

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How can someone tell the difference between avoiding real ‘lions’ (catastrophic risk) and simply obeying the resistance or fear of embarrassment?

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In what areas of life might playing an infinite game instead of a finite game most radically change your current goals and behavior?

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How could organizations apply the ideas of authentic core values and explicit operating principles to improve culture beyond cliché words like ‘integrity’?

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Transcript Preview

Taylor Pearson

You sort of have like implicit things, right? If you work for a company and if Amy, you know, Amy's my manager, Amy was looking at this, I know she would want it done this way. There's a certain principle, and maybe I can't even make it explicit, but like Amy likes her Excel sheets formatted in this way because it, you know, it makes it easier to read or kind of whatever it is. And so, you know, I think maybe like these are sort of like a level of abstraction, like a, a value. One for me would be something like courage. It's not like super clear in most areas how you would apply it. How would you be more courageous in your relationships or how would you be more courageous at work? And there's, there's like lots of different ways that could go, whereas to me, like principles are a little bit less abstract and like closer to where the sort of rubber meets the road. So like, you know, I always have time for a good friend. That's the sort of the more explicit, we call them like heuristics, like a rule of thumb, right? Like a if this, then that. If this happens, then I do that as kind of an operating principle, whereas a value's going to be more like courage or, uh, integrity is a bad one I think 'cause like everyone-

Chris Williamson

(laughs)

Taylor Pearson

... should probably have integrity, but, but that sort of level of abstraction. (wind blows)

Chris Williamson

Before we get into today's podcast, I have to put a disclaimer out. It is absolutely sweltering in Newcastle, so I'm wearing a vest. Got loads of stick last time I wore a vest, but it's not a lack of care about this podcast. I'm super excited to sit down with Taylor Pearson. It's just too warm, you know? I'm even under a bunch of lights and, uh, it's challenging today. But Taylor, man, welcome to the show.

Taylor Pearson

Pleasure to be here. Glad you're staying cool.

Chris Williamson

(laughs) I'm trying ... Well, the problem is in the UK, it's only hot for like five days of the year, so no one has air con.

Taylor Pearson

Right.

Chris Williamson

Like to not have air con in a house in, in America would be ridiculous, right? But over here, it's like, "Why would you have air con? It's cold like seven and a half months out of the year." And so, it is what it is. Uh, so today we're gonna talk about core principles and values. Uh, you've got a couple of blog posts which just blew me away when I read them at the start of this year, and have been a huge influence on me. And I just wanted to give you the opportunity to tell the audience about why core values and operating principles are so useful, why they're so important, and then kind of give us some insight into, into your thoughts on them. So to begin with, do we all have core values and operating principles? 'Cause you've got this big list on your site, uh, 37 operating principles and your five core values and all this stuff. If someone hasn't written them out, do they still have them guiding their actions?

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