This week Marcus discusses Occam’s Razor, explained as ‘the simplest answer is usually the best one’, and suggests applying it in business by simplifying processes. The story of Alexander the Great cutting the Gordian Knot is used as a metaphor for finding direct and rule-bending solutions to complex problems. Finally, teachings of Greek Stoic philosopher, Epictetus, are shared, emphasizing the importance of disregarding elements beyond your control and focusing on thoughts, beliefs, and actions that are within your control. The episode concludes with three action items: applying Occam’s Razor to reduce complications, taking direct approach to solve complex problems, and learning to shift focus away from uncontrollable aspects of life.
Episode Highlights:
00:45 The Philosophy of Simplicity
02:31 Applying Occam’s Razor
04:55 Alexander the Great and the Gordian Knot
07:32 Epictetus and the Power of Control