NO - stop wasting your time. Make money.
Then you use your wealth to pursue your passion.
Build the foundation first.
The 25 Worst Pieces of Advice I've Seen
(and why)
// THREAD
NO - stop wasting your time. Make money.
Then you use your wealth to pursue your passion.
Build the foundation first.
I see so many slaving at their job and it’s usually a dead-end job. They pay little attention to their children. It’s sad.
If you have to choose one always choose family.
Rich people choose both.
If someone damages your reputation you need to defend it. Fight hard. Your name is your honor.
Jaded people think like this.
Yes, humans make decisions in their best interests.
That our nature. Deal with it.
"Never trust anyone" is a reflection of personal darkness.
I have legitimately seen this advice on Twitter.
It's absurd.
Will not explain.
No. When you are kind to someone who treats you poorly you reinforce that behavior.
Never send mixed signals.
Life gets better as you age. At least it should be.
If not you are doing something wrong.
Getting good grades is nice.
But that’s it. It’s nice.
It’s not the end-all and be-all.
It’s one metric.
Grades do not dictate your life.
The biggest benefit of having fat stacks of cash is that you will sleep well at night.
All tension melts away.
You only realize this once you get there
If friends are rude or steal your energy they are not your friends. Leave those friends.
Never leave loyal friends. They are invaluable.
You are playing Russian roulette with your genetics when you have kids in your late 30s.
Trust me on this one.
This mentality programs people to act like a robot.
Take risks.
Stop worrying about what other people think.
Just cut them out. Move on.
Ignore loser energy.
Your health is your most important asset.
Make sleep a priority.
Whenever you embark on a journey of self-growth:
Tell EVERYONE you know of your goals.
People will then expect you to see them through.
This is a simple way of social proofing your life.
Most people eat sugary/highly processed food for breakfast.
Skip it.
Drink water and black coffee.
The reason why it happened is that you LET it happen.
This is just a clever cope mechanism.
The news exists to make you anxious.
Anxious people are easy to control.
Watch the news if you want to be controlled.
If life isn't getting better as you get older,
you are doing something wrong.
If highschool was your plateau I am sorry.
If you stop thinking about it WON'T happen.
Your thoughts manifesting your reality.
It’s simple.
Starbucks is garbage coffee.
It's garbage coffee that will make you poor make you poor.
Over 30 years the money you spent could be worth 300K (in real assets).
That’s not chump change.
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More from Life
How to get smarter very fast:
Interact with smart people here on Twitter who have different world-views than you do.
And let them change your mind on something.
Here are the 30 people you should follow (along with my favorite tweet from each)👇👇
Twitter can be terrible if you follow negative people.
It can also be more valuable than a college degree if you follow (and network with) the right people.
You get to look right into their brain and read a daily narrative of HOW they think.
Ok lets go:
#1: @ShaanVP
You know he's all about venture capital based entrepreneurship. I'm about small (non-sexy) business. We disagree on a lot of stuff.
But he's done it and he's won. Bonus follow: @theSamParr (@myfirstmilpod podcast
#2: @fortworthchris
He is where I want to be in 15 years. Has built a massive real estate private equity firm from the ground up. Super grounded with what the way he does business and his podcast @theFORTpodcast is top
#3: @Julian
I'm a scattered thinker and procrastinator.
Julian is a master of clear thinking and simple but effective writing. A world class example of content marketing and
Interact with smart people here on Twitter who have different world-views than you do.
And let them change your mind on something.
Here are the 30 people you should follow (along with my favorite tweet from each)👇👇
Twitter can be terrible if you follow negative people.
It can also be more valuable than a college degree if you follow (and network with) the right people.
You get to look right into their brain and read a daily narrative of HOW they think.
Ok lets go:
#1: @ShaanVP
You know he's all about venture capital based entrepreneurship. I'm about small (non-sexy) business. We disagree on a lot of stuff.
But he's done it and he's won. Bonus follow: @theSamParr (@myfirstmilpod podcast
10 years ago, Netflix spent $0 on original content.
— Shaan Puri (@ShaanVP) January 14, 2021
This year:
Netflix: $11B
Apple: $6B
Disney: $1B
+ amazon, hulu HBO etc.
=
$20B+
Here's a crazy startup idea to take a swing at this $20B+ content pi\xf1ata. \U0001f447 Here's a quick business plan \U0001f914
#2: @fortworthchris
He is where I want to be in 15 years. Has built a massive real estate private equity firm from the ground up. Super grounded with what the way he does business and his podcast @theFORTpodcast is top
When buying a deal, every day that goes by, the potential for tunnel vision grows.
— Chris Powers (@fortworthchris) January 7, 2021
Obsessing over executing detailed Due Diligence early and efficiently is paramount to limiting this.
#3: @Julian
I'm a scattered thinker and procrastinator.
Julian is a master of clear thinking and simple but effective writing. A world class example of content marketing and
THREAD: 10 significant lies you're told about the world.
— Julian Shapiro (@Julian) January 9, 2021
On startups, writing, and your career:
1/ Some initial thoughts on personal moats:
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
