The universal laws of success: The Formula by Albert-Laszlo Barabasi

Do you agree with the following statement?

“Your success isn’t about you and your performance. It’s about us and how we perceive your performance.”

In his book, Barabási argues for the importance of networks in success. He uses the word of ’success’ to mean “the rewards we earn from the communities we belong to.” In particular, this type of success is distinct from performance, in that performance is about what you can do, whereas success is about how you are recognized for what you can do.

He states that too often, accomplishment does not equate to success. We did the work but didn’t get the promotion; we played hard but weren’t recognized; we had the idea but didn’t get the credit. We’ve always been told that talent and a strong work ethic are the key to getting ahead, but in today’s world these efforts rarely translate into tangible results.

Recognizing this disconnect, Laszlo Barabasi, one of the world’s leading experts on the science of networks, uncovers what success really is: a collective phenomenon based on the thoughts and praise of those around you. In The Formula, Barabasi highlights the vital importance of community respect and appreciation when connecting performance to recognition–the elusive link between performance and success. By leveraging the power of big data and historic case studies, Barabasi reveals the unspoken rules behind who truly gets ahead and why, and outlines the twelve laws that govern this phenomenon and how we can use them to our own advantage.

The five main rules are:

  1. Performance drives success, but when performance can’t be measured, networks drive success.
  2. Performance is bounded, but success is unbounded.
  3. Previous success x fitness = future success.
  4. While team success requires diversity and balance, a single individual will receive credit for the group’s achievements.
  5. With persistence success can come at any time.

Unveiling the scientific principles that drive success, this trailblazing book offers a new understanding of the very foundation of how people excel in today’s society.

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