Growing up I wondered why is Oregon so white? Why are there only black people living on the East side? Why am I the only token Asian at my SW Portland public school? Below is a history of Oregon's black exclusion laws they didn't teach us in history.
1/ White people have financially benefited from the whiteness of Oregon for so long by prohibitive laws keeping out black people. Oregon prohibited blacks from moving there with the last laws only repeated in 1920s as part of the "Black Exclusion Laws."
2/ When blacks were allowed to come into Oregon, they were only allowed to buy property below the flood plane (shocking it flooded!). We all know how much Oregon rains and floods! So we gave black people the WORST places to live.
3/ The governor in the 1920s was also the head of the KKK chapter. This doesn’t even touch upon getting a mortgage, bank loans, or other critical forms of capital allocation that serve to keep people in their “places”.
4/ So when people keep asking “where did the black people go in Portland?” check the untold history of Oregon keeping blacks out and making their lives living hell. Do not be misled by the faux “woke” liberal propaganda of Oregon.
5/ So in elementary school when they taught us about all the bridges in Portland and the white men who built that city up they forgot to mention about how Portland became the whitest city in America with racist exclusionary laws and practices. More here: theatlantic.com/business/archi…
6/ Update: The black exclusionary laws were not repealed until 1926! Additional reading: koin.com/news/displacem…
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52% of the wealth in the world is now managed by women. Let that sink in. And yet it is stigmatized for women to talk about money. All my investing, personal financing, stock speculation chats are with groups of male friends. Let's change that.
Wow this really blew up. If you would like to chat about wealth management with me, please feel free to DM and I can route you to our @SVB_Financial Private Bank. I'm also working on a financial literacy workshop for first gen/women/BIPOC founders so please stay tuned!
1/ Find your goalkeepers instead of your gate keepers 🥅
2/ In Marc Ecko's book Unlabel, he talks about the concept of gatekeepers vs goal keepers. Most entrepreneurs obsess about the opinions of gate keepers: VCs, press, critics, peers etc—often distracting themselves from building with authenticity.
3/ Goalkeepers on the other hand are people who tell you what you’re actually doing is valuable and empower you to keep creating. They show not tell through actions: angel investing, buying your product, using your services, and engagement in your content.
Finished Ted Lasso. Man, what a great show. Looking forward to the Medium thought piece about his positive coaching style and how that translates to leadership in corporate America.
1. Love how he individualizes each player's strengths and weaknesses. He makes sure each player reaches their unique potential.
2. His optimism and earnestness really creates a reality distortion field for others. He embodies "kill them with kindness" and it only works b/c he's 100% genuine.
One thing I'm learning is rewiring my brain to move away from obstacles and risk mitigation mindset to risk-taking. As a 1st gen immigrant, I have internalized a lot of limiting beliefs. I am indeed capable of more risk than I believe. I am capable of doing more than I perceive.
When perceiving obstacles you search for ways something *can't* work so you're not seeking opportunities. It's all about shifting from a scarcity mindset to an abundance mindset. There are limitless opportunities in this world.
Scarcity mindset means you're always proving yourself, proving your work, proving your worth. Abundance mindset means you instantiate your worth, bet on yourself, and find people who truly *see* you to rally around you.
The “substackification” of knowledge workers is happening bc people are increasingly becoming freelancers. Bc you don’t own your own patents or IP working for institutions knowledge workers are looking for ways to create a portfolio of thoughts, opinions, and unique perspective.
When people hire for non-task oriented roles like PM, VC, and consulting they are evaluating candidates on their taste, thoughts, and intellectual palette. Hence, why writing and sharing your ideas openly is so important.
As industries and labor markets become outsourced and overtaken by AI and automation, knowledge work becomes more abstracted and less task-oriented. People will start to hiring more for your opinions, cognitions, and world view.
Something I'm learning the hard way in this world is that being a substantive thinker and value creator is a downside in a world that runs on nepotism, incompetence, and personal relationships. This has been one of the hardest lessons to learn as an operator turned investor.
As an immigrant and daughter of a scientist, I was taught to show "proof points" of my worth, show people work in advance, instead of selling them on the dream. What I had to learn is the power of reality creation and selling people on you --betting on you, not your work.
I'm still wrapping my head around this as I dive deeper into the venture world, wanting to prove myself to founders and LPs. I guess you could say this evidence-based thinking is a symptom of the "Model Minority" myth. I need to do less proving & more selling on the Bo Ren DREAM.