What happens when you die: They divide up your shit. They summarize your life in 500-1000 words. People who knew you less say sorry to people who knew you more. Everyone eats, drives home, and wakes up the next day and goes to work. Whatever you’re worried about won’t be in those 500 words. You can dare greatly or not at all, but you’re gonna die either way. Might as well squeeze every motherfucking drop out.
Unplug. Relax. Savor. There will always be time to work. There’s not always time to be with family.
The world will reward you in proportion to your courage, not your intellect.
Pro tip: If you're afraid to take the risk, write down in excruciating detail what you're actually afraid of having happen. Step by step what happens next when you fail. You'll often find it's not so bad when you spell it out. Fear exists in the vague, not the specific.
Levels of wealth: I have enough… …for emergencies ($10k) …for food & shelter ($30k) …to invest ($100k) …to survive on passively ($1M) …to retire on comfortably ($4M) …to live like the 1% passively ($20M) …to live like an asshole ($100M) Everything else is Monopoly money.
Either sell extremely expensive to a select few or sell something super cheap to everyone. The middle is where people die.
You can beat 99% of people if you can master the shame of rejection, the boredom of repetition, and pain of feedback.
I saw this old white guy giving financial advice on Tik Tok getting ROASTED in the comments. "Boomer" "Fake guru" etc. The guy was Ray Dalio. That's when I realized there was no amount of success that can legitimize you to the ignorant. If you actually met "everyone", you'd realize some people aren't worth being loved by. It's a good thing to be hated by a bad person.
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Do not hang out with losers. It is contagious.
Friendly reminder that no one gives a shit about the reason you didn’t make it happen.
Buy shit from your friends businesses and try and get free shit from strangers. Not the other way around.
Your inability to work without reward for an extended period of time will hurt your potential far more than your lack of talent. Before you can become exceptional, you must first become consistent.
"Passion" comes from the Latin “passio” which means "suffering" and "endurance." So people think that following your passion means doing something you love, when it really means finding something that you are willing to suffer for.
The biggest reason the rich get richer (besides compounding) is they avoid things that don't make enough money. The more money you have, the more selective you are about which things are worth doing because fewer things move the needle for you. If you make decisions like you have a lot of money, you make more faster. This rich selection bias is arguably one of the most important because it denotes where they allocate their attention - and as a result - get more for what they put in. Opportunity vehicle selection, rather than pure effort, is why they get such high returns.
Losers becomes losers by being afraid of losing.
If you have <$1M, the only investing advice you need is: Learn how to make money not invest it. Both are hard. But it’s easier to turn $100k into $2M actively than it is to turn $100k into $500k passively. Besides, you don’t wanna save for 20 years only to realize inflation compounds too.
Your level of maturity is inversely correlated with how much you want other people to celebrate your birthday. I have never admired anyone who insisted his birthday was big deal.
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