Thread by @BowTiedElephant

OUR LIFE PHILOSOPHY

Constantly updated items, but these big items remain the same

A @BowTiedBull Thread 👇

1/ "HARD WORK" FIRST

We this phrase in quotes because Hard Work is overrated

People believe this means “long hours”

To us hard work means solving a difficult problem

This is real work because hard work can include digging a ditch with a spoon

Just because it is hard to do does not mean it is an efficient use of your time

At age 12-24 or so, your life should be full of hard *problem solving* work

This focuses all of your energy on something that will result in the highest ROI

2/ FEED EGOS AND ERASE YOUR OWN

At the end of the day, there is no way to convince someone that they are wrong

Time and time again we see the same strategy pay off which is:
Smile, Nod and Agree

There is no point in fighting people since they won’t like you after that

The one good thing about this is we can at least practice forgetting our own Egos

If someone has a Ferrari or makes $10M a year while you’re making $2M a year and drive a Honda Civic...

Does it really matter? Of course not

3/ SPENDING ON HEALTH AND TIME NEVER GOES WRONG

We rarely see a negative ROI on these

Your best spending will focus on:

✨Experiences
✨Time
✨ Health

All three of these things rarely lead to buyers remorse

✨✨ Experiences ✨✨

Experiences include anything and everything you wanted to do that does not require a material purchase

This includes everything from travel to learning how to play a musical instrument to extreme sports

✨✨Time✨✨

Time means services

Hire someone to clean your house/apartment, do the laundry and potentially cook as well before “upgrading your home”

If you upgrade your home and are forced to use your own time to clean and organize, you've actually lost time!

While you can afford the bigger place, you’ve lost a ton of money in terms of opportunity cost and quality of life

✨✨Health✨✨

...is significantly more important than money

If you can spend on your health, this is going to give you the best long-term ROI

Invest in the following: Food, Drinks, massage therapy, blood work and routine doctor appointments

All of these things will elongate your life and improve the quality of your life as well

4/ LONG-TERM RELATIONSHIPS

Successful people are able to sustain long-term relationships for 10+ years
So avoid individuals with “short-term” friends

Having 3-5 long-term friends/relationships shows that the individual was able to correctly pick out the future success stories within his peer group

If you have access to the internet there is a 100% chance that you can find a future successful person who is currently 20-40 years old

We are using big ranges because it erases the excuses from the equation

If you find an older person who does not have a few close relationships of 10+ years... start the Smile, Nod and Agree process

5/ MORE INEQUALITY

If you end up on the right side of this inequality equation be sure to wake up with a huge smile on your face every single morning

6/ NO CHANGE TO LEGAL MARRIAGE

Our views on *legal* marriage has not changed at all

We’ve never been against people having families or having a significant other

We remain 100% against a legal contract that simply increases your taxes puts you in a losing legal proposition

People continue to say we should “man up” on this topic but the facts have not changed

If you need to sign a piece of paper to get the girl to marry you, she didn’t love you in the first place

7/ HUMAN PSYCHOLOGY DOESN'T CHANGE

We still get complaints that we should give all our books away for free and delete all ads

We just laugh because human psychology doesn’t work that way

If we gave something away for free it wouldn’t even be read

8/ GETTING RICH AND ACTUALLY LIVING

If you’re going to get rich and give up your life doing it...

Was it really worth it? Probably not

We could all get hit by a bus tomorrow so there is a balance that needs to take place

This website is more of a warning for people who stay on the treadmill as the clock reaches 38, 44, 48 .... years of age

The clock doesn’t stop

FIN!!

Follow @BowTiedBull for effective Life Lessons
Subscribe to his Substack to understand Crypto

Retweets appreciated!
RT this tweet ⌄

https://twitter.com/BowTiedElephant/status/1404476096947671050

Subscribe to my free newsletter.

The next email is about identifying money ideas that are so obvious to you that you don't see them as money ideas.

bowtiedelephant.aweb.page/p/a6a876d2-657…