3, 2, 1 and we're live. Waiting for the pitcher to come up. There we go. All right. How you doing friends Ernie here with the zero days to expiration podcast. This is episode number 84, 84 episodes, man. I've taken a little hiatus over the past week or so to kind of regroup. Think about, um, the future a little bit.
Think about. What are the types of things that I'd like to get into the things that have huge upside, but maybe little effort. And that's what this episode is all about. It's all about asymmetric opportunities. How do you find them? Why do, why do we seek out asymmetric opportunities? What is an asymmetric opportunity?
Life really is all about, uh, these small little things that we do that, uh, could potentially turn into something really large. And a lot of times we just step into things and don't realize it. However, if you're the type of person that doesn't wanna put yourself out there, then those type of opportunities are slower to come.
You're really relying on. Something unusual happening, but if you're the type of person that likes to push yourself out there, take a little chance, invest a little of your time. If time is what you have meet some people talk to people, educate yourself, anything, any of these little things. Can turn to, into something bigger later on, you never know who you're going to meet tomorrow or the next day.
But guaranteed. If you do not get out there and don't meet somebody or don't do something or don't improve a skill or don't investigate this or that your opportunities for an asymmetric outcome or a bigger outcome are limited. So what is asymmetry? It's pretty simple. Asymmetry is the difference between.
A small risk that you take versus a large potential outcome. It could also be the other way around too. You could take huge risks for small outcomes. I'm not sure exactly why you'd wanna do that. That's kind of like the nihilist way or the defeatist way. The, I don't know, the masochist way. Are you a masochist?
So in life, we're trying to do a couple of things. We're trying to go through life without collecting too many scars. We know that we have to put our work in our time in and right effort, right think, right action. All of that stuff. And by doing that, we hope that we gain in the future.
Some of us hope, some of us don't care. Some of us care very much, but you can. Attribute a lot of that to luck, but your luck really is a function of how much effort you put in up front. It said that certain successful people, they just seem luckier than most. What you don't see is all the work that they put behind the scenes.
This is very true for some of the top athletes out there. Guys like Tom Brady, for instance, that guy is just a workhorse. The success that you see on the field is just a small portion. Of what goes on behind the scenes and what he did to prepare, to put himself into that position of success.