Very rarely do I come across advice that changes how I approach everyday life.

Here are six pieces of advice that has stuck with me:
1/ Play long-term games with long-term people

All returns in life come from compound interest:

1. Eat well to stay healthy
2. Invest early to grow wealth
3. Give selflessly to build trust

Inspired by @naval
2/ Discipline equals freedom

Working consistently on something over a long time gives you more freedom.

1. Fitness discipline
-> Freedom from illness

2. Financial discipline
-> Freedom from money problems

Inspired by @jockowillink
3/ Seek the truth

Instead of going into a discussion with a goal of "how can I convince this person to see things my way?" have a goal of "how can we discover the truth together?"

Be grateful if the other party proves you wrong.

Inspired by @RayDalio
4/ Lean into authenticity

Be vulnerable and lean into authenticity to build trust with others.

People know very quickly if you say something that you don't believe in.

Most recently reminded of this by @josephpalbanese and @theteriyu.
5/ Make a to-do list of one

Use the 80/20 rule to improve your productivity.

Instead of making a long to-do list, I ask myself: "What's the one thing that I can do today to achieve my long-term goals?"

Inspired by @ShaanVP
6/ Happiness comes from within

Life is 20% what happens to you and 80% how you react to it.

Meditation has helped me learn how to detach from problems and observe how trivial most of them are.
7/ The best advice is easy to write but hard to follow. I'm still working on these every day.

If you enjoyed this thread, give me a follow and I'd love to hear the best advice that you've received.

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More from @petergyang

4 Jun
I'm often asked how a big company might crush a startup.

Well it's quite simple really, but few know the process:
1/ The bottoms-up

While waiting for a latte at a BigCo cafe, a PM reads a @JoshConstine post of how a startup just raised $2B in a hot space.

The PM writes a 6-pager on why this is a $10B opportunity and has coffee with other product teams to get buy-in.

This leads to...
2/ The OKR

3 months and 100 coffees later, it's finally time for quarterly planning.

Everyone reads the 6-pager and asks:

"How will this move my metric?"

"Sorry, I have 5 A/B tests to run this quarter."

"This is XXXL, have you seen our tech debt?"

This leads to...
Read 9 tweets
2 Jun
How do you build an online community from scratch? Is it similar to growing a product?

I interviewed Jen (@BackseatVC) to find out:
1/ Jen manages Means of Creation fans, a fast-growing community about the creator economy (inspired by @ljin18 and @nbashaw's show): discord.com/invite/b6bSGCQ…

She also helped @justinkan grow his YouTube channel to 100K+ subs in 5 months while serving full time as a PM.
2/ Jen grew the MoC community by doing things that don't scale:

1. Give new members great onboarding

2. Seed the community with great content

3. Focus conversations on a few channels
Read 8 tweets
23 May
Let's talk about having kids.

I saw a tweet the other day saying: "I'll never understand why people have kids on purpose."

Here's some real talk from a dad:
1/ People who don't have kids focus on negatives like:

1. Crying children
2. Losing touch with friends
3. Lack of time for career, hobbies, and sleep

Yet, if you ask parents, many will say that having kids is the best thing to happen to them.

Why?
2/ Kids are fun to talk to

Watching my 3-year old learn how to form phrases and sing songs gives me great joy.

We have many interesting conversations:
Read 8 tweets
21 May
I'm often asked how to ace the PM product sense interview.

It's quite simple really but few know these tricks:
1/ My product sense framework is:

Mission
Problem
Vision
Solution
MVP

Let's explore with a winning example from a FANG interview: "How would you design an alarm clock?"
2/ Mission

Candidate:
"Well, first, I'd like to start with the mission to make humanity a multi-planetary species."

Interviewer:
"Huh?"

Takeaway:
Make your mission a BIG DEAL to WOW your interviewer.
Read 8 tweets
14 May
I'm often asked how to run good meetings as a PM.

It's quite simple really but few know these tricks:
1/ 1 on 1s

The 1 on 1 is where you ask: "What's the status?" ten times.

Don't have difficult conversations here - save it for Slack or a public tweetstorm.

Keep moving your 1:1s with your reports to different times of the week until they give up.
2/ Team meeting

Show up 10 min late to this and play wrestling entrance music when you enter. You're the CEO of the product, after all.

Don't talk about execution in this meeting. Instead, read your latest Substack post live and ask your team why they haven't subscribed yet.
Read 7 tweets
13 Mar
🐰🕳 I went down the crypto rabbit hole the past few months because I'm convinced that it will transform the creator economy.

Here's everything that I've written about crypto, NFTs, and social tokens so far 👇
1/ The history of bitcoin and crypto from @TorstenHQ's documentary:

Read 6 tweets

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