If you have less revenue/growth/success than you wish you had, then the best thing you can do is OWN IT.

Write a tweet, tell your friends, and move on.

Once you own it, you fix it.

99% of people on Twitter/social media/internet won't do this.

Being radically transparent and honest is a competitive (and life) advantage.

From @RayDalio's Principles:
@RayDalio My new product has 14 users and <$400 monthly revenue. I've spent the last 4 months on it.

I'm going through a lot of pain to validate and grow it.
@RayDalio But if anyone asks me how it's going I will tell them exactly that.

If I asked them, I would hope they would give me the raw truth as well. Truth builds trust.

I think that goes for your internet audience as well. Authenticity is attractive.
@RayDalio I see this with @starter_story all the time - people don't want to share their revenue yet because they don't have any, or it's not high enough (not all cases but often).

I wish I could tell them that getting the cat out of the bag would actually fix the problem itself!!
@RayDalio @starter_story Because deep down, it's really just fear.

My mindset on this changed two years ago after discovering Pieter Levels blog posts about fear, insecurity, anxiety - and just open startups in general.

https://t.co/RhK7AD9qFr

More from Pat Walls

1/ Starter Story September Results

💵 Revenue: $1,737.84
📈 Uniques: 20,205 (Sept)
✉️ Email Subscribers: 2,956

#openstartup

Read more 👇

2/ For all my new followers (will get to that in a sec) I do a revenue & traffic #openstartup report every month for my main side project
https://t.co/nkcmLxsSra

I've been working on this project for nearly a full year.

3/ Biggest thing that happened this month was obviously the 24 hour startup!

I won't talk about it too much in this thread, but after that happened everything just blew up. I'm still trying to catch up on everything and keep my head above water.

4/ All of this craziness sparked a big decision for me.

I QUIT MY JOB! 😁😅

I know it sounds kind of crazy to quit your job over that, but as I was heading into my 1:1 with my manager it just felt like I had to do it. It felt like the right thing to do.

5/ I had planned to grow SS for 6 more months and then quit, but then the 24 hour startup happened and it felt like it was the right moment to quit.

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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.


I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.

In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.

So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.

Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.