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Up This Week:

 
To achieve financial independence, you need to learn to build and sell: how to start a tech company, build a product that people pay for, and expand your business. Sahil Lavinga, founder of Gumroad and author of The Minimalist Entrepreneur shows us how.

 

 

 

Wealth

1/ Work Like a Lion, Not A Cow: As a society, we currently have misaligned work values. We don’t often count the number of amazing weeks, we just count the number of not bad weeks. – Sam Parr

2/ What is Money: Money is an accounting scheme to keep track of wealth. True wealth (new rich) is the equation of free time, buying power, and living wherever you want. – Sam Parr paraphrasing Tim Ferriss

3/ Don’t Start with Paid Ads: When starting out, organic marketing will familiarize you with your audience and improve your return on investment (ROI) on ad marketing down the road. The only real cost in the early days of a software company should be domain name cost – Sahil, Founder of Gumroad

4/ Bootstrap Before VC: Venture capitalists get endless idea pitches, stand out by having a working product. Furthermore, gain negotiation leverage by having a company that isn’t in need of VC - Sahil, Founder of Gumroad

5/ Learn How to Think and Learn How to Build: Writing will improve your thinking, communication, and persuasion skills. Start by tweeting and building an audience. Identify and solve a problem that people face online and you will have your first customers. It’s even better if the problem is one you struggle with yourself - Sahil, Founder of Gumroad

6/ It’s Ok to Be a Solo Founder: A co-founder can be helpful when you are starting out, but keep in mind, many successful empires had effectively solo founders (E.g. Facebook, Microsoft, Apple, etc…) - Sahil, Founder of Gumroad

7/ Founder Life - In a near-death experience as a founder, it takes a lot of humility and resiliency to make the best choice out of all the horrible choices - Ben Horowitz, A16z

Wisdom

8/ Trading Time for Money: Don’t always trade time for money in the first half of your life, figure out what it takes to have mini-retirements throughout your life - Sam Parr

9/ “Success is getting what you want and happiness is wanting what you get, practice both” – Shaan Puri

10/ WWII Showed Us What Humans Can Do: “Even in a supposedly enlightened civilized society, people can become monsters quite easily.”– Neal Stephenson

11/ Google Keeps Getting Worse: 20 years ago, if you had googled Pythagoras’ theorem, chances are it would take you directly to a page that explains the theorem. If you do it now, the top hits are going to be from someone with a marketing plan to sell you something like math tutoring - Neal Stephenson

12/ The Real Problem with Space Travel, Slowing Down: It takes enormous energy to get to the next solar system, and halfway there you need to expend an equal amount of energy to decelerate – or you’ll fly right by - Neal Stephenson

Health

13/ The Fun-Time Paradox: If you experience something fun (and increases dopamine) it will feel like it goes by very fast; in retrospect, that experience will seem like a longer time – Andrew Huberman, PhD

14/ The Early Bird Does Math: If you are doing work that involves adhering to rigid rules like math or something where there’s a right or wrong answer – do it in the early part of the day because of how dopamine and norepinephrine impact time perception.  â€“ Andrew Huberman, PhD

15/ Afternoon for Exploration: Tackle brainstorming and creative work in the afternoon when serotonin is higher and offers flexibility in batching time.  â€“ Andrew Huberman, PhD

16/ Retrain/RE-Align Your Circadian Rhythm:  Andrew Huberman, PhD
1. View 10-30 minutes of sunlight within an hour of waking,
2. Get as much bright light as you can throughout the day and as little light as you can in the evening,
3. Avoid sunglasses if you can do so safely,
4. Exercise at a consistent time of day
5. Eat at consistent times throughout the day
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Podcast Notes · Home Is Where The Headphones Are · Chappaqua, New York 10514 · USA