Learn more about personaldevelopment with this collection
Why happiness is the ultimate goal
The importance of creating value
How to create wealth in the modern era
Give Society what it doesn't know how to get
Almost everything that’s in your house, in your workplace, and on the street used to be technology at one point in time. There was a time when oil was a technology, that made J.D. Rockefeller rich. There was a time when cars were technology, that made Henry Ford rich.
You want to figure out which one of those things you can provide for society, that it does not yet know how to get, but it will want, that’s natural to you, and within your skillset, within your capabilities.And then you have to figure out how to scale it. So, everybody can have one.
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Arm Yourself With Specific Knowledge
Specific knowledge is found by pursuing your innate talents, your genuine curiosity, and your passion. It’s not by going to school for whatever is the hottest job, it’s not for going into whatever field investors say is the hottest.
Specific knowledge is found by observation. You almost hav...
101
574 reads
Play Long-Term Games With Long-Term People
All returns in life come from compound interest in long-term games. Whether it’s goodwill, or love, or relationships, or money.
If you want to be successful, you have to work with other people. And you have to figure out who can you trust, and who can you trust over a long, long period of t...
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768 reads
Partner With Rational Optimists
Don’t partner with cynics and pessimists; their beliefs are self-fulfilling.
To create things, you have to be a rational optimist. Rational in the sense that you have to see the world for what it really is. And yet you have to be optimistic about your own capabilities, and your cap...
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597 reads
Returns come from compound interest in iterated games
When you switch industries, you’re starting over from scratch.
Every time you reset, every time you wander out of where you built your network, you’re going to be starting from scratch. You’re not going to know who to trust. They’re not going to know to trust you.
When you have been d...
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686 reads
You can’t be too deliberate about assembling specific knowledge
The best way to arm with specific knowledge is just to follow your own obsession.
It’s important that one not start assembling things too deliberately because you do want to pick things where you are a natural. Everyone is a natural at something.
And then there are probably multiple t...
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593 reads
Specific Knowledge Is Highly Creative or Technical
It’s on the bleeding edge of technology, on the bleeding edge of art, on the bleeding edge of communication.
Specific knowledge is highly specific to the situation, it’s specific to the individual, it’s specific to the problem, and it can only be built as part of a larger obsession, interes...
92
619 reads
Escape competition through authenticity
When you’re competing with people it’s because you’re copying them. It’s because you’re trying to do the same thing. But every human is different. Don’t copy.
No one can compete with you on being you. It’s that simple. And so the more authentic you are to who you are, and what you love to d...
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876 reads
The Internet Has Massively Broadened Career Possibilities
The internet connects everybody. That is its superpower. So, you want to use that. You can find your audience for your product, or your talent, and skill no matter how far away they are.
It allows you to scale any niche obsession.
It could be like people who collect snakes, to like p...
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867 reads
Pick Partners With Intelligence, Energy and Integrity
The three-part checklist that you cannot compromise on. You need someone high-energy because the world is full of smart, lazy people.
It’s not meant to say someone is smart, someone else is stupid. But it’s more that everyone is smart at different things.
And then energy, a lot of tim...
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695 reads
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Figuring Out How Much You Need to Save
If you want to buy anything, you first need to know how much it’ll cost. Most stuff will have a fixed price, but some things may fluctuate in price. If that’s the case, figure out a ballpark range for whatever it is you’re trying to buy.
At best, you’ll have exactly what yo...
How to take 'have to' out of your vocabulary
- Switch “I have to finish this ” for “I want to finish this"
- Replace “I have to be patient with my partner” with “I want to be patient with my partner”
- Exchange “I have to exercise” for “I want to exercise
How to get better at receiving feedback
- The very first response to give when someone gives you feedback should be a response of gratitude. Don’t get defensive.
- Whether it’s praise, criticism or some other type of feedback, take the time to restate to the person giving it what you ...
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