3. Make new positive friends as often as possible and ensure you keep the communication line open. Create a network of friends and not just connections.
24 SELF DEVELOPMENT TIPS
1. Make friends with successful people and occasionally buy them gifts and surprise them with lunch because successful people always give and hardly get, so when you give them, they value the gift a lot.
2. Get a mentor and follow his instructions
3. Make new positive friends as often as possible and ensure you keep the communication line open. Create a network of friends and not just connections.
6. Always plan ahead and be proactive. He that plans the future works less in the future.
8. Attend seminars and trainings on any area you need to improve yourself - Train the trainer, personal development, public speaking, sales etc.
10. Make sure at every point in time you are reading a book. If you spend 20 minutes reading daily,
11.Stay away from television as much as possible. You can watch educational channels. Men with big TV sit in front of them to watch men with big libraries.
12 Put control over your mouth; never say evil of any man;
13. Always show appreciation for any good deed you received.
14. Always help someone in need.
15. Live a debt free life. What you can’t pay cash for is not your size.
17. Create legitimate multiple sources of income.
18. Save at least 10 percent of your income.
19. Invest a portion of your income, and be patient to see it grow.
20. Keep a good financial record of all income and expenses, so you won’t ask later “where did my money go”
21. Be involved in community service- free lesson class for students etc.
More from Life
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.
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As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".