I spent 100 hours studying the habits of the world's top billionaires.

Here are 8 habits that have dramatically changed my life...
This morning, I had breakfast with my family. They were using these tiny spoons to scoop up cereal.

I sat down, planted my face in the milk, and finished the whole bowl in 3 big slurps.

"Eat like a lion, not like a cow."
After breakfast, I always brush my teeth.

Except I don't use the toothbrush - no I prefer the toilet brush.

Disgusting? You bet. But I do it because I want to:

"Get comfortable with being uncomfortable every day."
Before my kid goes to school, I make her play the board game RISK with me.

She hates it - we've been playing the same match for 2 years, taking 1 turn a day.

It's not about the game though, I'm teaching her a life lesson to:

"Play long term games with long-term people."
Next, I had a tough phone call to make.

It was with my friend Ryan, who was the best man at my wedding.

Ryan's a great guy but his flaw is that he's only 5'3".

I told Ryan that we can't be friends anymore because:

"You are the average of your five closest friends."
During lunch, my wife asked me why it's taking me 6 months to order blinds for our house.

She pointed at the pile of 200 free swatches on the dining table.

I tell her to be patient because billionaires need time to:

"Sweat the details to get results."

After lunch, I make time to sweep the floor.

I'm not talking about an actual floor. No, I visit 100 NFT @discord servers to paste:

"Sweep the floor now!
🧹 🧹 🧹 🧹 🧹"

I do this every day because:

"All returns in life come from compound actions."
In the afternoon, I usually take a walk while repeating my transcendental meditation mantra out loud:

"Creator economy
Community
Web 3"

It's part of my daily habit to:

"Be the top 25% in the world at [saying] 3 things."
When I get home from my walk, there are usually 10 people in Patagonia vests following me with cash and term sheets.

I welcome them to my house before asking them to sweep the actual floor.

You see cash is fine but:

"Time > money"
Alright, that's all the billionaire secrets that I'm willing to share today.

If you want to more, follow me at @petergyang and subscribe to my newsletter:
creatoreconomy.so

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More from @petergyang

12 Oct
You all seem to be as curious about DAOs as me so here are 5 links to explore further...
1/ @AnnikaSays wrote a 3 part series on her DAO journey.

It's a great measured take on how to contribute to a DAO:
annika.mirror.xyz/p3_DJ6t7FlVgeg…
2/ @rafathebuilder wrote an excellent step by step guide on how to create a DAO with a list of tools that he used.

I've been looking for this type of guide for a long time:
creators.mirror.xyz/862A5rBtKX3BC8…
Read 6 tweets
11 Oct
What is a DAO?

Let me try to explain using an example:

Imagine that you want to work for a hot tech startup...
1/ Instead of applying for a job, you can just join this startup's Slack with one click.

There's no real onboarding - you see dozens of channels right away.

It's overwhelming but you start exploring...
2/ You introduce yourself and another person reaches out.

They point you to two different ways to work for this startup:

1. Bounties
2. Teams
Read 12 tweets
29 Sep
New to web 3 and want someone to "explain like I'm five" how crypto works?

I've written a single post that breaks down:

1. Web 3
2. Blockchain (wallets and keys, proof of work vs. stake)
3. Tokens
4. Bitcoin
5. Ethereum
6. NFTs
7. DAOs

Let's dive in...
creatoreconomy.so/p/curious-begi…
1/ What is web 3?

Let's compare web 2 to web 3:

Web 2 is the internet today. It's dominated by middlemen that extract value from creators and users by sitting in the middle.

Web 3 is built off a peer-to-peer network of computers that talk to each other without middlemen.
2/ Learn more about web 3:

@cdixon on why web 3 matters:


@patrickxrivera on crypto fundamentals:
docs.google.com/presentation/d…
Read 35 tweets
18 Sep
My 5 fav links from learning about crypto this week:

1. Best video explaining blockchain
2. Ethereum, ether, gas
3. Proof of work vs. stake
4. Follow the rainbow
5. A community friendly to beginners

Read on...
1/ What is blockchain?

I watched 20+ videos and this is the single best one (from @anders94).
2/ How does ethereum, ether, and gas work?

@ethereum.org's developer docs explains all this clearly:
ethereum.org/en/developers/…
Read 7 tweets
16 Sep
Stripe is THE platform behind the platforms in the creator economy.

I asked Ellen and Connor from @stripe about:

1. How Stripe powers creator platforms

2. What Stripe vision is for the creator economy (and does it include web 3?)

Here's a breakdown...
creatoreconomy.so/p/stripe-in-th…
1/ Twitter is dominated by hype cycles and FOMO.

Stripe is not.

Instead, the company is building "boring" infra to help creators get paid by fans in 100+ countries.

Boring but game changing.
2/ Payments is really hard.

The table below highlights all the challenges.

No business or creator wants to deal with all this stuff just to move money from point A to B.

Stripe doesn't mind "being the plumbing." Image
Read 9 tweets
13 Sep
I think the way to address the "top 1% of creators make all the money" problem is to:

1. Shift the focus from creator to community
2. Let fans share in the upside
3. Help fans become creators

Consider this scenario...
1. A creator sets up a community for their fans.

2. Fans earn community tokens and NFTs if they're early supporters or put in the work to grow the community.
3. These tokens and NFTs grow in value with the community. Creators AND fans share in this upside.

4. Fans are empowered to co-create content in the community.

5. Some fans create their own communities and the whole loop starts again.
Read 5 tweets

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