Unfair Advantage – Key Takeaways

Fill-in-the-blank flashcards covering the core idea that success blends hard work with an ‘unfair advantage,’ illustrated through real-world examples and practical advice.

Success is described as a combination of fair play (hard work) and .

an unfair advantage

Factors like access to a network, finance, location, and timing are examples of one’s .

unfair advantage

Motivational advice that focuses only on waking up early and working 12-hour days ignores the crucial multiplier called .

the unfair advantage

Bhuvan Bam’s early YouTube fame came from a unique mix of timing, situation, and talent—a clear illustration of an .

unfair advantage

Snapchat founder Evan Spiegel’s wealthy parents, Los Angeles upbringing, and early funding gave him a significant .

unfair advantage

Bill Gates’s access to a computer at Lakeside School in 1968, when only 1 in a million children had such access, highlights how rare an can be.

unfair advantage

Ray Kroc said great success requires being in the right place at the right time and .

taking action on the opportunity

Living in Silicon Valley or Bengaluru can serve as a location-based for tech entrepreneurs.

unfair advantage

In basketball, exceptional height functions as an .

unfair advantage

Starting a business while already being wealthy exemplifies a financial .

unfair advantage

The lecture advises first identifying your and then combining it with hard work.

unfair advantage(s)

Creativity was defined as training your mind to connect completely things to form unique ideas.

unrelated

Teaching Facebook to detect abusive comments in Indian languages required both data engineering skills and knowledge of regional slurs—a rare mix.

skill combination

Traditional success frameworks that emphasize only hard work, without luck factors, risk turning you into a .

fool

Nature gives every person at least one ; the challenge is to recognize yours.

unfair advantage