What if you could avoid competition forever?

How to Build a Personal Monopoly with @david_perell + @jackbutcher

THREAD👇

1/ What is a personal monopoly?

The intersection of...

• Curiosity: What do you care about?

• Competence: What are you good at?

• Character: Who are you?

These combinations SHRINK the area of competition.

"Competition is for losers."
@peterthiel
2/ Where to Start

"You can't connect the dots looking forward: you can only connect them looking backwards."
-- Steve Jobs

Trust your curiosity and intuition.

Only curiosity creates uniqueness.
3/ BUTCHER'S FRAMEWORK

DICE = Diverge, Converge, Emerge

DIVERGE (Collect Dots): Pursue things you're interested in

CONVERGE (Connect Dots): Find the connections among interesting things

EMERGE: You've found where to start. Now attack it everyday.
4/ "Make a single decision to eliminate 1,000 decisions."
-- @tferriss

For @visualizevalue + @jackbutcher: How do you visualize something to make it simpler?

Eliminate anything that doesn't compound towards achieving that goal.
5/ PERELL'S PERSONAL MONOPOLY FRAMEWORK

CREATE
• Write + publish every day
CONVERSE
• Talk with interesting people
CONSUME
• Read/Listen/Watch
CLARIFY
• Crystallize your monopoly
6/ PERELL'S NICHE FRAMEWORK

"Don't find a niche. Create one."
-- @david_perell

The Process:
• Have a conversation.
• Share on Twitter.
• Get FEEDBACK.
• Create an Essay.
• Get FEEDBACK.
• Distribute via Book/Course

Iterate to make the original idea completely new.
7/ "Whenever you have an idea, ask yourself, what changed about the world?"
@david_perell

What led to the rise of Personal Monopolies?

1) Globalization
2) Computers and Robotics
3) Everybody is internet connected
8/ "An army of robots is freely available - it's just packed in data centers for heat and space efficiency."
@naval

Whenever you...
• Tweet
• Blog
• Podcast

You use that army.
9/ The Personal Monopoly Path

"The world is very efficient, so the people that succeed are the ones irrationally passionate and patient."
-- @naval

This isn't a short-term journey.

Dedicate 10+ yrs to it and winning is inevitable.

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The outrage is not that she fit better. The outrage is that she stated very firmly on national television with no caveat, that there are no conditions not improved by exercise. Many people with viral sequelae have been saying for years that exercise has made them more disabled 1/


And the new draft NICE guidelines for ME/CFS which often has a viral onset specifically say that ME/CFS patients shouldn't do graded exercise. Clare is fully aware of this but still made a sweeping and very firm statement that all conditions are improved by exercise. This 2/

was an active dismissal of the lived experience of hundreds of thousands of patients with viral sequelae. Yes, exercise does help so many conditions. Yes, a very small number of people with an ME/CFS diagnosis are helped by exercise. But the vast majority of people with ME, a 3/

a quintessential post-viral condition, are made worse by exercise. Many have been left wheelchair dependent of bedbound by graded exercise therapy when they could walk before. To dismiss the lived experience of these patients with such a sweeping statement is unethical and 4/

unsafe. Clare has every right to her lived experience. But she can't, and you can't justifiably speak out on favour of listening to lived experience but cherry pick the lived experiences you are going to listen to. Why are the lived experiences of most people with ME dismissed?

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