Distribution is king in a world of abundance. Look for more deals to be done between retailers / service providers and media companies (Example 1 + Example 2).
Communicating can be trained, and communicating ideas clearly gives you a huge advantage over everybody that can’t.
It’s on you to filter who you take advice from. Surround yourself with good sources of information, and you can expect good pieces of advice.
How you spend your day is how you spend your life.
Writing is one of the highest-leverage activities in human history. It used to take violence in order for people to get their point across; now you can reach millions by typing on a computer.
The longer you talk, the less confident you sound.
Time is the ultimate asset; not money. Would you trade places with Warren Buffett?
Most people go through the motions; few people create the motions. Which one would you rather be?
The day your parents die you become an orphan. Call them more often.
The pros of building in public (creating a narrative, building trust, creating status, allowing for more feedback loops, expanding hiring pool, etc.) considerably outweighs the cons (nobody cares).
Creators today have more and more ways to monetize their audience than ever before. This used to be a limitation, but now it is a reason for more people to create.
Investing in improving categories that people currently hate (traditional finance, legacy systems, paper-based processes) is a good thesis.
People follow people, not companies, but companies have had an advantage because of the coordination required to build scaled products. That is changing fast.
Doing cool shit is a magnet for future opportunity.
It is much harder to bang out menial tasks in nice weather. Plan your life accordingly.
You are the only person responsible for your thoughts.
“What you get by achieving your goals is not as important as what you become by achieving your goals. At your funeral people will not recall what you did; they will only remember how you made them feel.”
Most people don’t actually want advice when they ask for it.
The best content involves red pills. If you want to capture attention, create something that goes against what society is telling.
If you optimize for the mean, you optimize for nobody.
We’re all playing an infinite online game. The winners over the next decade will be those capable of repeatedly capturing attention.
1,000 true fans became 100 true fans. NFTs and auction-based pricing continues to lower the number of people you need to impress in order build a sustainable business.
Permission marketing = the privilege (not the right) of delivering anticipated, personal and relevant messages to people who actually want to get them.
Incentives rule the world. Show me how people are rewarded, and I’ll show you how they behave.
The playbook for wealth creation: optimize your equity stack, loan against your equity, put borrowed capital into cash-flow generating assets to pay down debt, repeat.
Paradox of tribes: to be loved, you must be hated. The binding force of tribes is typically what they stand against (DeFi vs. Wall Street, Conservatives vs. Liberals, etc.).
People overestimate the accuracy of their memory.
You can build a brand by either being exclusive or being popular. You’ll kill a brand if you try to do both.
Commitment becomes more scarce as the world becomes more abundant.
Law of reciprocity: people generally like to pay back what they have received from others. In other words, if you would to expand your circle of influence later in life, you should start doing more favors for people today.
Sharing things on the internet can change your life.
