@kunalb11 and @sid_warrier 's stream.
My notes:
"Health and wealth both grow only when you risk a bit of what you have, be it muscle or capital, and be patient for compounding to play its role"
My notes:
"Health and wealth both grow only when you risk a bit of what you have, be it muscle or capital, and be patient for compounding to play its role"
Obsessing on someone else's resources creates envy, and envy breeds insecurity. Lotteries and diet pills are always sold to people who are jealous of a 6-pack or bank balance, not the skill and effort that goes into it.
Relationships and brands cannot be hacked. They are built with small consistent deposits but can be wiped out with one stupid action. In this game, the ladders are short and the snakes are long.
Trust and reputation are forms of potential energy. They are built when you deposit your actions consistently, and eventually, they can be converted into consumer loyalty, be it daily active users or subscribers.
The more you complicate things, the more computing power you need to process all the variables. Simple things have the boon of scale, but the curse of disappearing very soon. Complex things don't scale, but they have the vantage of lasting. Choose well!
Companies, just like organisms, operate in an anabolic and catabolic state. The key is to expect and balance both and learn to use them to your advantage.
The fastest way to stop someone's growth is to make them love their past. It's far better to love your values, since they are internal, rather than to be in love with your past identity.
Identity creates pride, pride creates insecurity and insecurity makes you susceptible to an offence. The best way to manipulate someone is to fix their identity.
The best identity to have is "I am evolving". It rids of any kind of limits, and now no one can really offend you since you're constantly iterating, like an early-stage product.
Who you take advice from is far more important than what the advice is. Parent's are great value-mentors, but Elon Musk might know more about future career prospects.
When you "time-compress" your growth, you end up having way more experience in a year than otherwise. Being a founder is the fastest way to know everything that you're bad at. That's why all college students should try entrepreneurship.
Oxytocin + Amygdala = Mob mentality
Mutual connection for each other, but mutual hate towards someone else is the essence of a mob.
Mutual connection for each other, but mutual hate towards someone else is the essence of a mob.
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