They found a positive, but only very small relationship between funding and impact as measured by four indices relating to scientific publications. What's more, those who received a second grant were not more productive than those who only received a first grant, and impact was generally a decelerating function of funding.
The authors suggest that funding strategies that focus more on targeting diversity than "excellence" are likely to be more productive to society. In a more recent study , researchers looked at the funding provided to 12, researchers in Quebec over a fifteen year period. They concluded that "both in terms of the quantity of papers produced and of their scientific impact, the concentration of research funding in the hands of a so-called 'elite' of researchers generally produces diminishing marginal returns.
Taking these sort of findings seriously, the European Research Council recently gave the biochemist Ohid Yaqub 1. Coming up with a multidimensional definition of serendipity, Yaqub pinned down some of the mechanisms by which serendipity in science happens, including astute observation, "controlled sloppiness" allowing unexpected events to occur while tracking their origins , and the collaborative action of networks of scientists.
This is consistent with Dean Simonton's extensive work on the role of serendipity and chance in the evolution of creative and impactful scientific discoveries. Building on this work, the Italian team who simulated the role of luck in success went one step further in their simulation. Playing God so to speak , they explored the effectiveness of a number of different funding strategies. They applied different strategies every five years during the 40 year worklife of each agent in the simulation.
Without any funding at all, we already saw that the most successful agents were very lucky people with about average levels of talent. What happens once they introduced various funding opportunities into the simulation? This table reveals the most efficient funding strategies over the 40 year period in descending order of efficiency i.
Starting at the bottom of the list, you can see that the least effective funding strategies are those that give a certain percentage of the funding to only the already most successful individuals.
The "mixed" strategies that combine giving a certain percentage to the most successful people and equally distributing the rest is a bit more effective, and distributing funds at random is even more efficient. This last finding is intriguing because it is consistent with other research suggesting that in complex social and economic contexts where chance is likely to play a role, strategies that incorporate randomness can perform better than strategies based on the "naively meritocratic" approach.
With that said, the best funding strategy of them all was one where an equal number of funding was distributed to everyone. This suggests that if a funding agency or government has more money available to distribute, they'd be wise to use that extra money to distribute money to everyone, rather than to only a select few. As the researchers conclude,. This incredible Italian team didn't even stop there!
Hey, if you're playing God, why not go all the way. Using this framework, they simulated either a very stimulating environment, rich of opportunities for everyone like that of rich and industrialized countries such as the U. Here's what they found:. Look at the difference between the outcome distribution of the environment rich in opportunities for everyone top from the outcome distribution of the environment poor in opportunities for everyone bottom. Everyone wants to have a happy, healthy life, do meaningful work, enjoy a career, and achieve financial independence.
Everyone wants to make a difference in the world, to be significant, to have a positive impact on those around him or her. Everyone wants to do something wonderful with his or her life. Over and over, I have found that the keys to success are a single piece of information, a single idea at the right time, that can change your life in the right situation.
I have also learned that the great truths are simple. If you can follow these tips, you will be able to take control of your life and achieve your goals. Luckily for most of us, personal success is not a matter of background, intelligence, or native ability.
Instead, the keys to success in life are our ability to get the very best out of ourselves under almost all conditions and circumstances. It is your ability to adapt and change your life. You have within you, right now, deep reserves of potential and ability that, if properly harnessed and channeled, will enable you to accomplish extraordinary things with your life. This formula is your key to success and has worked for almost everyone who has ever tried it. Maybe the relationship you need is with a competitor, someone to challenge you and keep you sharp.
In particular pursue a mentoring relationship, which can lead to networking opportunities and invaluable advice. We know that the lack of these relationships can be the biggest gap between aged-out foster youth and success. Learning how to network effectively takes time, intention, and practice. The above keys for success are not all or nothing.
However, the more of these you have, the better you will do as you try to figure out how to achieve success in life. And all of these keys or tools can be acquired and developed by anyone with enough time and grit. It also bears mentioning that a successful life is not all about pursuing success.
It is not consumed by delusions of grandeur. How can you be happy if you are consumed? Some of your most powerful and most meaningful moments will happen in the midst of failure and defeat.
Some of the best memories can be made in the mundane. These are valuable too. Without a doubt, success in life also means developing the ability to be grateful and to find the nuggets of beauty in less glamorous times. We believe true success includes making a difference in the world. The most powerful difference you can make is the difference you make in the life of others.
Otherwise, all your success dies with you. As Roy T Bennett put it:. Dig into our recommended reading by the authors quoted above. In his book, he shares how he took himself from rags to riches. Not sure what to do or where your talents are?
Get a free assessment from Brian Tracy! Brian Tracy has consulted for more than 1, companies and addressed more than 5,, people in 5, talks and seminars throughout the US, Canada, and 55 other countries worldwide. Atomic Habits is a number one New York Times bestseller by James Clear, an author and speaker focused on habits, decision-making, and continuous improvement. How to Set Goals in Life. Investing in relationships is crucial in having success in life!
We become who we spend the most time with so it is important that we seek out relationships with others who are successful in whatever area of life we are seeking. These types of relationships can mentor us and keep us focused on the right goals that are needed to achieve that success.
And I think so much is picked up subconsciously too — just being around a person. I became interested in helping foster youth because I was around people who were doing it. I got to see the need and the example. For sure — relationships are so key!! I feel you on the perfectionism! Great point! Glad you are recovering too. Thanks Marcie! I also am a big fan of creating good habits… they help me make good choices more easily. Even simple things like getting into the habit of always having a water bottle filled up and next to me in the morning — helps me stay on top of my hydration.
Thanks for the encouragement. These are all great tips to become more successful! Especially saying no has been tricky for me. Thank you for sharing! Thank you! Thank you so much Melody! Yes — we are created for much more than our culture tells us. Even as we pursue spiritual growth these tips can be helpful! Thanks Stacey! I just watched the short series on Bill Gates on Netflix.
Pretty fascinating from a success perspective of course! A wise man leave an inheritance for his children children. I agree with you there, Benjamin. These goals are meant to be a bit more abstract — so that they can apply to pursuits of faith as well! Ask, seek, knock,.. Prioritize things like prayer, reading the Bible, etc.
Take smart risks step out in faith … learn from the experts theologians, mentors, pastors …. And yet, as you mention, in the end.. They are helpful though as we pursue doing our part to live well and honor God. Great post, with true pointers to success. Bless you my friend xx. Thanks Chrissie. Mentorship is really important — especially for former foster youth, who often are less connected to supportive adults than the rest of the population. We hope our posts can help give ideas and encouragement to mentors and others who support young adults in their endeavors to become successful in life!
I wrote all if these down to reference in the future. He published his first research paper at 32, a decade after leaving graduate school.
He was 35 when he got his first academic appointment, at Princeton, where he started working with atomic and molecular beams, research that he continued to pursue at Yale. Though Fenn was hard-working and diligent, he was largely a low-impact scientist. His department chair must have felt some relief when Fenn turned 70 and they could force him to take mandatory retirement.
Yet Fenn had no interest in stopping. He saw it as a breakthrough and he was right — his technique quickly turned into a must-have tool in labs.
So, after idling at Yale, he relocated to Virginia Commonwealth University. He opened a new lab and what he did in these later years was revolutionary. Improving upon his initial idea, he offered scientists a robust way to measure ribosomes and viruses with previously unbelievable accuracy, transforming our understanding of how cells work. In , by then in his mid-eighties, he was awarded the Nobel Prize in Chemistry. Realizing this was transformative for me — I started seeing Fenns everywhere.
But these late-in-life successes had something else in common besides tenacity. Their pathways to success were guided by a hidden factor that unveiled itself throughout their careers. My team and I named it the Q-factor, and it helped us answer the question: Where do highly successful ideas and products come from?
Opening another fast-food joint in a strip mall? Give it an r close to zero. Building a working teleportation machine? That could have a huge r.
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