"The strongest signal of future success is your perseverance and resilience"
"Don't mistake focus for your "passion." People who tell you to follow your passion are already rich: Follow your talent"
Read this great article;
The Algebra Of Wealth (aka How to get rich)
By Scott Galloway; Professor of Marketing at the NYU Stern School of Business.
I share key notes I took.
Enjoy.
"The strongest signal of future success is your perseverance and resilience"
"Don't mistake focus for your "passion." People who tell you to follow your passion are already rich: Follow your talent"
"Focus on putting yourself in a position to be financially successful. Get certified"
"In a digital world, the corporate world decides whether to swipe right or left based on the logos (aspirational universities/firms, vocational certifications,) on your LinkedIn"
"Sector dynamics will trump your talent (I realize how awful that sounds). However, someone of average talent at Google has done better over the last decade than someone great at General Motors
Look for the best wave to ride."
"Focus on your relationships. Married people grow their net worth 77 percent more than single people'"
"Determine what you can and can't control. You can control your reactions to temptation - a lack of discipline is the antichrist to economic security."
"The upgrade from economy to premium to business to first class to private jet can seem like an investment in yourself - it's not.
The most powerful forward-looking indicator of your financial freedom is not how much you earn, but how much you save."
"Trading - distinct from "investing" - can feel like work and productivity. It's not. It's gambling, but without free drinks and with worse odds.
One study found that over a 12-year period, only 5 percent of active retail traders made any profit at all."
"Between 80 and 85% of day traders are men, and 23% of men who gamble become addicted (as opposed to seven%of women).
Most of us can gamble without becoming addicted, just as most of us can drink without becoming an alcoholic - but, know the risks."
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"I really want to break into Product Management"
make products.
"If only someone would tell me how I can get a startup to notice me."
Make Products.
"I guess it's impossible and I'll never break into the industry."
MAKE PRODUCTS.
Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.
There is no better way of learning the craft of product, or proving your potential to employers, than just doing it.
You do not need anybody's permission. We don't have diplomas, nor doctorates. We can barely agree on a single standard of what a Product Manager is supposed to do.
But – there is at least one blindingly obvious industry consensus – a Product Manager makes Products.
And they don't need to be kept at the exact right temperature, given endless resource, or carefully protected in order to do this.
They find their own way.
make products.
"If only someone would tell me how I can get a startup to notice me."
Make Products.
"I guess it's impossible and I'll never break into the industry."
MAKE PRODUCTS.
Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.
"I really want to break into comics"
— Ed Brisson (@edbrisson) December 4, 2018
make comics.
"If only someone would tell me how I can get an editor to notice me."
Make Comics.
"I guess it's impossible and I'll never break into the industry."
MAKE COMICS.
There is no better way of learning the craft of product, or proving your potential to employers, than just doing it.
You do not need anybody's permission. We don't have diplomas, nor doctorates. We can barely agree on a single standard of what a Product Manager is supposed to do.
But – there is at least one blindingly obvious industry consensus – a Product Manager makes Products.
And they don't need to be kept at the exact right temperature, given endless resource, or carefully protected in order to do this.
They find their own way.
