Varsha Das's Key Ideas from DO EPIC SHIT.
by Ankur Warikoo
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Day 1
- Right time to start investing is TODAY.
- Don't make big decisions when reeling under debt.
- Liquidity is critical.
- Have excess cash? Wait for the right time.
- Diversify based on what works for you.
- Take loans only for things that appreciate in value.
- Live within your means always.
- When in need of money, don't break mutual funds.
- Our income is not capped but our spending can be.
- Know the value of your time.
- Avoid FOMO investing like Bitcoin.
- Start a company, own stocks, create rental income > Renting your own time.
- Take risks early on.
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Day 2
- Gold is an investment, while jewelry typically is not.
- Asset is not defined by how expensive it is.
- Your salary has nothing to do with the wealth you can make. Your net worth is not defined by how much you earn.
- Once you get rich, give money to those who do not have it.
- Buy a house only if you need to. Else push your decision.
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Day 3
- The most important and the least practised, are the things that internet keeps on telling us.
- Being calm despite the storm is a powerful skill.
- Emotional debt kills more people.
- You procrastinate due to fear, not because you are lazy.
- Being truly satisfied with how far have you come is biggest achievement.
- Calm people does not mean lack of drive, they have the most fire.
- Make a move, this brings momentum, stagnation over indecisiveness amplifies sadness.
- To take a tough decision, ask yourself what's the worst thing that can happen.
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Day 4
- Dont be afraid of letting your close ones down if you fail. Speak to them clearly and you will realise that they stand by you irrespective.
- People can see through your face and eyes if you don't enjoy your work.
- Not having time = not thinking of it as a priority.
- Nobody can beat you at being you. There is no competition if you can stay truly authentic to your self.
- Better to be lost for something worthwhile than getting lost in everything worthless.( the rat race)
- Only compare yourself to who you were yesterday and nobody else.
- You either do the easy thing or the right thing.
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Day 5
- We are usually addicted to emotions that the things we desire for will generate.( car, house etc)
- Safe is not better than sorry. Risk is better than regret.
- The way you respond to the world is how the world will treat you further on.
- Best way to get help is to make it easier for people to help you.
- Hardest thing is convincing yourself that the stuff you want to do is not hard
- You don't control your results.You always control your inputs.
- The most memorable moments are the ones that provide us with a sense of freedom.
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IDEAS CURATED BY
Every book is a journey, and I'm here to invite you to join me on the adventure of a thousand words.
CURATOR'S NOTE
Compilation of day wise learnings from this EPIC book on health, happiness, money, habits and so much more.
“
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