You can tell if it’s your own plan by how lost you feel. People who do their own plans feel lost most of the time. People who do other peoples’ plans feel on track most of the time.

Portrait Of The Bagel As A Young Man

Bike messenger, gallery assistant, office temp. I took these jobs to make money, but there was also an aspect of penance to them. I don’t know exactly for what sin I was repenting. Maybe the sin of having gone to graduate school for writing. On some level, I saw these jobs as a kind of Karma insurance. It was a way of testing myself: You want to be a writer? Can you handle this? How about this?

Portrait Of The Bagel As A Young Man

I take [my work] less seriously than anybody. I know that it’s not going to help me into heaven one little bit, man. It’s not going to get me out of the fiery furnace. It’s certainly not going to extend my life any and it’s not going to make me happy.

Bob Dylan in a 1966 interview. (via)

I am angry and curious. These two things propel me forward. I come from the minimum-wage working world. I have no illusions as to where I should have ended up. I have really nothing to lose, and so I go.

In a hundred different ways, we have slowly marginalized an entire category of critical professions, reshaping our expectations of a “good job” into something that no longer looks like work. A few years from now, an hour with a good plumber–if you can find one–is going to cost more than an hour with a good psychiatrist. At which point we’ll all be in need of both.

Mike Rowe’s Senate Testimony on why we still need to work with our hands.

They get one letter from me every couple of years. And basically it says, run this business like it’s the only business that your family can own for the next 100 years. You can’t sell it. But every year don’t measure it by the earnings in the quarter that year. Measure it by whether the moat around that business, what gives it competitive advantage over time has widened or narrowed. If you keep doing that for 100 years, it’s going to work out very well. Then I tell them basically if the reason for doing something is everybody else is doing it, it’s not good enough. If you have to use that as a reason, forget it.

Warren Buffett’s thoughts on building a business work well on a personal scale, too. Build your moat, make it bigger. See also Douglas Adams’ career advice (via):

If you want something extraordinary, you have two paths: 1. Become the best at one specific thing. 2. Become very good (top 25%) at two or more things. […] Capitalism rewards things that are both rare and valuable. You make yourself rare by combining two or more “pretty goods” until no one else has your mix.

I have to look them in the eye and decide whether they love the business or they love the money. It’s fine if they love the money, but they have to love the business more. Why do I come in at 7 every morning, can’t wait to get to work? It’s because I get to paint my own painting and I like applause.

Warren Buffett on choosing good managers.

We do not bring in compensation consultants and we don’t have a human resources department, legal department, etc. That makes life way too complicated, and people get vested in going to conferences.

You don’t have to have perfect wisdom to get very rich – just a bit better than average over a long period of time.

Charlie Munger. Applies to more than investing, of course.