Key ideas from Bill Gurley

• Seven out of 10 people would choose a different career if they could start over, according to survey research
• The biggest regrets people have are 'boldness regrets' - what they didn't try rather than mistakes they made
• Angela Duckworth later wished she had positioned Grit as 50-50 passion and perseverance, not just grinding
• Jeff Bezos used a 'regret minimization framework' - imagining himself at 80 to make career decisions
• The best test for finding your passion: does the learning feel free, like something you'd choose over TV?
• Life is a 'use it or lose it proposition' - you can get locked into jobs by overspending against your salary
• Mr. Beast's group achieved '40,000 hours' of learning by sharing knowledge while cracking YouTube's algorithm
• People who switch industries tend to be the biggest innovators, bringing different mental models to new fields