"Anger is a hot coal that you hold in your hand while waiting to throw it at somebody else"
"Desire is a contract you make with yourself to be unhappy until you get what you want"
Even when you get that thing, you revert to desire
If obtaining things made us permanently happy, then the cavemen would have been miserable, & we would all be deliriously happy
The universe is rigged in such a way that if you just want one thing, and you focus on that, you’ll get it, but everything else you gotta let go.
Happiness is a skill like nutrition and fitness—it’s a skill that you identify and develop until you get better and better at it and it slowly gives you results.
“Every time I meet a prostitute, she wants to talk about God. And every time I meet a priest, he wants to talk about sex”
Whatever it is that you deny yourself will become your new prison
Most people say, “I’m not the founder. I’m not being paid enough to care.”
But you are. The knowledge and skills you gain by developing a founder mentality set you up to be a founder down the line, and it pays you in that sense.
If you have high leverage, that makes you less replaceable (and you’ll likely get more equity)
Get it permisionlessly – learn to code, create podcasts, become a good writer
Through permission – get people to work for you, or raise capital
Timely: Machine learning
Timeless specific knowledge skills usually can’t be taught (but sticks with you forever); timely specific knowledge skills come and go (but still have a fairly long shelf life)
Work in a way that your outputs are visible and measurable.
If you don’t have accountability, do something different.
i.e be in a position where ppl can tell what role you had in a company’s success
The amount of hours that you put into doing something was a good/rough proxy for what kind of output you’d get.
A good investment decision can make a company millions
One useful product feature can be the difference between product-market fit and complete failure
If you want to do something – tell people about it because they’ll hold you accountable
There will come a day when you roll out of bed, you get an alert on your phone with a new gig, you sign up for it, you get paid in crypto, and you do your work in VR.
You work when you want, where you want, how you want, and with whom you want.
There is no finite number of jobs
New jobs are being created, + they’re usually better, more creative jobs
The Q is – how quickly will this transition happen, what jobs will be eliminated, & what jobs will be created?
In other words, before the internet, industries tended to have few large players
But now, we have one internet company in charge that runs everything, and next to that company, there are millions of small players
We may be heading toward a world in which, if you’re employed, your employer is either one of these gargantuan companies that’s running an entire industry, or you’re self-employed. There won’t be that much in between.
They should think like founders (or VCs!) in terms of diligencing the cos they're considering joining.
If something isn’t working, if the community you want isn’t emerging, then you probably need to go back and remove something much more than you need to add something
A lot of the great companies replace complexity with simplicity for the end-user
The notion of exchange and keeping track of credits and debits – this is built into us as flexible social animals
Markets are what enable cooperation at scale, across genetic boundaries.
You should own equity to gain your financial freedom.
It's hard to become truly wealthy when your inputs are closely tied to your outputs, b/c when you're sleeping, you're not earning.
Society always wants new things & if you want to be wealthy, 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
This means that you can find an audience for your product no matter how far away they are
At the same time, so can everyone else
This is why you need to escape competition through authenticity. No one can compete w/ you on being you
Joe Rogan: Comedian, podcaster, & UFC commentator
Take the things you're natural at & combine them so that you automatically, just through sheer interest & enjoyment, end up at the top in a few things
If 2 ppl were in a forest 10,000 yrs ago, & they hear a tiger – the optimist stays & gets eaten, while the pessimist runs & survives
It made sense to be pessimistic in the past, but it makes sense to be an optimist today. (Safer)
If you create the next FB, you can create billions. If you fail, you can often pick up right where you were
This risk equation is the opposite of what we used to have--which is our risk instinct is warped
You can’t be trained for it, otherwise someone would learn it and replace you.
To gain specific knowledge, quadruple down on the stuff that feels like play to you but looks like work to others
Graham told him – “Actually you’re overpriced. Free is overpriced.”
Apprenticeships are VALUABLE – if specific knowledge can somehow be taught, this is how
Judgment is the exercise of wisdom
Wisdom comes from experience
That experience can be accelerated through short iterations
Spend your time doing only what YOU can uniquely do
I need 4-5 hours of time by myself every day doing NOTHING. Because if I don’t have that time, I won’t be able to do ANYTHING.
Reject most advice, but remember you have to listen to/read enough of it to know what to reject and what to accept. All of it cancels out
When you hear a piece of advice, ask yourself:
▪“Is this true?”
▪“Is it true in my context?”
▪“Do I want to apply it?”
“Is this authentic to me?”
“Is it myself that I’m projecting? Am I productizing it?”
“Am I scaling it w/ labor or w/ capital or w/ code or w/ media?”
Illusion #1: Meaning: We're all gonna die, what's the meaning?
Illusion #2: Free will: "Free Will" is just our DNA reacting to the environment
Illusion #3: Reality: It's possible we’re living in a simulation
The brain is not designed to absorb all of the world’s breaking news & emergencies, injected straight into the skull with clickbait headlines. If you pay attention to that stuff, even if you have a sound mind & body, it will eventually drive you insane
Pascal has said – “All of man’s problems arise because he can’t sit by himself in a room for 30 minutes alone”
“I think the best teacher in the world will teach everyone in the world about that given topic"
Children are learning machines – they just need the tools.
For adults, all the tools are there.
It’s the desire to learn that’s scarce
Why? – Better relationships, fewer rules, and more creative freedom
More accountability (and it’s more visible)
You’re easily able to try multiple things to see what you’re good at
More flexibility & authenticity
I’m trying to get rid of the concept of having to be at a specific place at a specific time
All I care about is am I doing what I want to do, am I being productive, and am I happy
Work isn’t linear: 8 hours of input does not equate to the same output for every single person
Instead of working 9-5 like a machine, work like a lion: Train hard, sprint, rest, & reassess. Repeat.
If I have to return something, and it costs less than my personal hourly rate, I’ll throw or give it away”
If you need to do a task, but can hire someone for less than your hourly rate – hire them
The moment people can start voting themselves money, combined with democracy, it’s only a matter of time before the bottom 51% starts voting themselves everything the top 49% has
People who are down on their luck aren’t looking for handouts. They need meaning – this comes from education
You have to teach a man to fish, not throw your rotting, leftover carcasses at him saying ‘Here, eat the scraps
Establish a set of basic substance services that people have to have and provide those in abundance to the people who need them (basic housing, basic food, basic transportation, and high-speed internet access)
1 – We have no idea how the human brain works
2 – We’ve never even modeled a paramecium or amoeba
3 – There’s the assumption that all the computation is happening at the neuron level, but nature is very parsimonious
1/ The benevolent dictator scenario: AI wants to help us, knows what's best
2/ The “Earth is just in my way” scenario: self-explanatory
3/ The benign neglect scenario: Treats us like a pile of ants or bacteria
The smaller the group you’re in – then by all means be a socialist
Many socialists only know family life, and thus over extrapolate
Humans are always signaling. Rather than really looking at yourself, you’re looking at how other people look at you.
Everybody is getting their 5 seconds of fame & becoming a celebrity…. but celebrities are the most miserable people in the world
But it’s the nature of the tech business that 99/100 startups effectively fail
Social media exacerbates this b/c you're "always on"
We're biologically built to not realize how many choices there are, b/c we evolved in tribes of ~150 people, where if you pass up one choice, the second one never comes along
Hence why we rush the choice
This is partially true—you’re unhappy because you know too much, but that doesn’t mean you can’t undo this and retain your intelligence
The more you dig into certain deep truths, the freer and more peaceful you will become.
I only want to be around people who I know I’m going to be around with for the rest of my life, and I only want to work on things that have good long term payout
“I don’t want to be above or below anybody”
“If I can’t treat somebody like a peer, and they can’t treat me like a peer, then I just don’t want to interact with that human”
It’s not built around the will of the majority.
The will of the majority does apply in some cases, but in many more cases, it’s the minority rule.
What freedom used to mean to him – Freedom to do anything he wanted
What freedom means to him now – Freedom from reaction, freedom from being sad/feeling angry, freedom from being forced to do things
In nature – everything is perfect the way it is
It’s only in our particular minds that we’re unhappy or happy
Children get this: they’re immersed into the environment & the moment, without any thought of how it should be