The Internet rewards unique people.
Find your unique combination of skills, interests, and personality traits.
I call this a Personal Monopoly.
Become the only person in the world who does what you do.
Then, tell the world by sharing your knowledge.
Focus on what the world wants too.
Think like an investor.
Find a small and growing market that only a few people write about. Then, learn everything you can about it, and share the best of what you learn.
Personal monopolies aren't found — they're made.
Global markets increase the upside of having a Personal Monopoly, but also make it harder to create one.
The sweet spot is finding an idea that looks specific to others, but still diverse enough to express the many shades of who you are, where you excel, and what you want to achieve.
Like fish in water, we don't know how to explain what we do so we depend on others to define our work for us. Listen to others describe your work. Then, double down on the best summaries.
In Personal Monopoly markets, just like cities, the biggest returns come in areas with increasing demand and restricted supply.
Here's my mini-essay.
"Your personal monopoly is out there, waiting for you, and magic will happen once you discover it. The way to do that is not to worry too much about it and focus on being prolific.” — @m_ashcroft
1) Complementary: Greater than the sum of its parts.
2) Unusual: A combination of skills rarely seen.
3) Experiential: Inspired by unique events in your life.
4) Specific: Niche topic where you have lots of knowledge.
Personal Monopolies are the antidote. Until you differentiate yourself, you’ll be subservient to the iron laws of supply and demand.
https://t.co/uEGXsB5BWl
The career path of a creator has three stages:
— David Perell (@david_perell) January 24, 2021
1) Discovery: Hone your craft and find the idea you want to be known for.
2) Income: Ditch the corporate world and become financially independent.
3) Equity: Get ownership in a business that\u2019ll grow without your daily involvement.
We spoke about:
∙ Communicating your Personal Monopoly
∙ Validating demand
∙ Lessons from @anafabrega11
∙ The DICE framework
∙ Becoming a citizen of the Internet
https://t.co/qmc31YEzSs
More from All
You May Also Like
So it's now October 10, 2018 and....Rod Rosenstein is STILL not fired.
He's STILL in charge of the Mueller investigation.
He's STILL refusing to hand over the McCabe memos.
He's STILL holding up the declassification of the #SpyGate documents & their release to the public.
I love a good cover story.......
The guy had a face-to-face with El Grande Trumpo himself on Air Force One just 2 days ago. Inside just about the most secure SCIF in the world.
And Trump came out of AF1 and gave ol' Rod a big thumbs up!
And so we're right back to 'that dirty rat Rosenstein!' 2 days later.
At this point it's clear some members of Congress are either in on this and helping the cover story or they haven't got a clue and are out in the cold.
Note the conflicting stories about 'Rosenstein cancelled meeting with Congress on Oct 11!"
First, rumors surfaced of a scheduled meeting on Oct. 11 between Rosenstein & members of Congress, and Rosenstein just cancelled it.
He's STILL in charge of the Mueller investigation.
He's STILL refusing to hand over the McCabe memos.
He's STILL holding up the declassification of the #SpyGate documents & their release to the public.
I love a good cover story.......
The guy had a face-to-face with El Grande Trumpo himself on Air Force One just 2 days ago. Inside just about the most secure SCIF in the world.
And Trump came out of AF1 and gave ol' Rod a big thumbs up!
And so we're right back to 'that dirty rat Rosenstein!' 2 days later.
At this point it's clear some members of Congress are either in on this and helping the cover story or they haven't got a clue and are out in the cold.
Note the conflicting stories about 'Rosenstein cancelled meeting with Congress on Oct 11!"
First, rumors surfaced of a scheduled meeting on Oct. 11 between Rosenstein & members of Congress, and Rosenstein just cancelled it.
Rep. Andy Biggs and Rep. Matt Gaetz say DAG Rod Rosenstein cancelled an Oct. 11 appearance before the judiciary and oversight committees. They are now calling for a subpoena. pic.twitter.com/TknVHKjXtd
— Ivan Pentchoukov \U0001f1fa\U0001f1f8 (@IvanPentchoukov) October 10, 2018
I think a plausible explanation is that whatever Corbyn says or does, his critics will denounce - no matter how much hypocrisy it necessitates.
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
One of the oddest features of the Labour tax row is how raising allowances, which the media allowed the LDs to describe as progressive (in spite of evidence to contrary) through the coalition years, is now seen by everyone as very right wing
— Tom Clark (@prospect_clark) November 2, 2018
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party