Did people treat me differently after I sold @Twitch?

Absolutely.

Here's what $970,000,000 taught me about life, fake friends, and making new ones:
A common intuition about wealth and success is that it inevitably attracts a circle of predatory ‘fake friends’.

After we sold to Amazon in 2014, people saw me in a different way.
Success naturally draws people to you, and they start seeing you differently. Your status represents something to them.

Sometimes it is inspiration, but often it is opportunity.
A lot of other successful people that I know are wary of this, and actively distance themselves and are extremely guarded when meeting people.

I see opportunity as a two-way street.
I've had a lot of deep, robust friendships start off this way - where someone wanted to get to know me because of what I represented in terms of success.

Casual acquaintances can always turn into deeper friendships.
“A stranger is a friend you don’t know yet.” - @YesTheory (one of my favorite YT channels)

I've had several of my own friends say to me that people 'don't make new friends as adults.'

Why should this be the case?
Here are my actionable steps to making new friends as an adult, and identifying 'fake' versus 'real' friends:
1. Be Open - super important.

I used to be very paranoid about talking to new people in a very toxic way - I assumed that everyone out there who I didn't know was an enemy by default.

It is a terrible way to live, no matter how successful you are.
Every relationship is the opportunity to learn. Every person out there is interesting.

Keep an open-minded approach to everyone you meet as someone you could potentially learn something from; be it a successful billionaire, a stranger in a coffee shop, or your Uber driver.
What you learn might not be an immediate skill that someone can teach you, or actionable advice that solves all your deepest or most troubling problems.

You may not even speak the same language.

But the mindset is one of the most powerful things you can develop.
'Sonder' is a word that describes the feeling of realizing that each random passerby is living a life as vivid and complex as your own—populated with their own ambitions, friends, routines, worries
People have a lot more in common than you might think, and that’s a great place to start.

Finding the things that unite us is the most effective way to meet new people.
2. Be Helpful

Building meaningful relationships is all about knowing what the other person needs, and being there for them.
I am always thinking about how I can help other people - what do they need, what are they working on?

Being proactive goes a long way - fake friends reach out when they need something, real friends reach out when you need something.
This doesn’t mean you have to be a psychic and constantly put out fires before they arise.

It simply means that you care enough to recognize patterns/behaviors that might look like cries for help and doing your best to support the other person on their journey.
More importantly, helping others without expectation of a reward.

Hold out your hand for people out of kindness and a genuine place, even if you don't know them.
3. Be vulnerable.

Vulnerability. is. not. a. weakness.

In leadership and in friendships - when others see you being vulnerable in an authentic way, they trust you and feel closer to you.
For the first 10 years of my career I felt that I had to constantly represent #winning all the time, and it was exhausting to tell the truth.
When I started being honest with people it was a huge burden lifted off my shoulders.

When people asked me how I was, I actually told them how I felt instead of the standard 'I'm fine', or 'I'm crushing it!'
How to tell which of your friends are the closest and most genuine:

Are you willing to be vulnerable with them? It's all about how you feel around that person. Do they reciprocate vulnerability?
Do you genuinely want to spend time around this person?

Our minds have great instincts, listen to them.

Be respectful of your own time, and don’t waste it on people who make you unhappy.
But what if you want to fix a relationship with someone who is important to you?

The answer is authentic honesty.
If someone has done something to make you upset, address it head on ASAP and vice versa.

Be vulnerable about how you feel; real friends will understand and be willing to heal your relationship together, while fake friends will be defensive and give up entirely when convenient.
Be open-minded to connecting with new people, and be authentic in your approach. Fake friends are the people you leave behind as you discover who your real ones are.
I made a video about my thoughts on wealth, success, and friendships, check it out here:

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More from @justinkan

16 Sep
Founders spend too much time building products and not enough on good habits.

Good habits saved my life:
I spent a majority of my life battling bad habits, including an alcohol addiction for over 20 years.

I didn't know it at the time, but it was slowly killing me.
I had this idea in my head that habits, skills, and attributes developed as a child would remain permanently even through adulthood.

Looking back, this sounds ridiculous
Read 16 tweets
9 Sep
What if I told you that I felt like a failure even after selling Twitch for a billion dollars?

This is for anyone experiencing impostor syndrome:
When you're in a startup, it's easy to feel like everyone else is crushing it while you are drowning.

Comparison is a fundamental part of our human nature and it is also our greatest bane.
This is the consequence of information asymmetry.

You're always seeing examples of the good news; everyone else is only showing the positive stuff.

Meanwhile, you are observing the full range of your own experiences. Some are good, some are bad.
Read 17 tweets
4 Sep
Here's what you need to know (and avoid) when it comes to company growth:

(from a former @ycombinator partner who failed a bunch of companies and sold one for $1 billion)
Inspired by a conversation I had with my friends @mattfong_ , @jamiequint, and @eshear's iconic thread celebrating the 10 year anniversary of @Twitch
1. Don't over-rely on press as your primary distribution strategy.

There are very rare cases of companies that manage to hack the press by forcing reporters to write about them over and over again.
Read 16 tweets
27 Aug
You are sabotaging your own personal and professional growth if you're not finding time to read.

These are the books that changed my life, and what I learned from them:
1. 'The 15 Commitments of Conscious Leadership'

Taught me how to reframe responsibility to take agency, and approac things with an open and curious mindset.

It also allowed me to bring emotional vulnerability to work

(cont.)
The key to agency is learning how to operate at the zone around 100% responsibility

Taking < 100% is a victim-mentality: you are letting things happen to you.

Conversely, taking > 100% is overstepping boundaries and playing the hero role
Read 16 tweets
19 Aug
I've been a mentor to countless founders over the years

Here are the common traps 🪤 founders fall into that guarantee failure:
Waiting way too long to start their company.

I see this too often - people waiting for the 'perfect' opportunity and psyching themselves out and getting scared.

The secret:

There is never a perfect opportunity. You should start yesterday.
Being blinded by 'consistency' over truth.

Its important to recognize when your initial ideas aren't working;

Developing the wisdom to know when to pivot and adapt is such a vital skill.

Don't be a slave to the sunk-cost-fallacy.
Read 19 tweets
30 Jul
When we started justin.tv back in 2007, I had no idea what it would evolve into.

Nearly 15 years later, I sat down with the OG @twitch founders for a special reunion.

Here are some of my favorite moments:
It's 2010, and we were all sitting in @mwseibel 's apartment brainstorming and preparing for our interview with @google the next day

(cont.)
It was already a stressful situation and suddenly I received a phone call from an unlisted number.

A voice asked, 'Hello, is this Justin Kan?'

I instantly regretted answering the phone.
Read 12 tweets

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