"How to Get Rich (without getting lucky)" from @naval 10x'd my career and life.

I've shared the thread and podcast with several of my friends.

Here are 10 lessons that I incorporated (and you should too!) 🧵...
1/ Stop consuming content from zero-sum people.

This is equivalent to eating junk food.

On Twitter, I UNfollowed all politicians, trending topics. You should too!
2/ Get your information directly from the source

I used to read Techcrunch, Recode for my Tech news.

But this also is equivalent to eating junk food (written by people without domain expertise)

So, I actively block marketing sites designed as news.
3/ Add more positivity - Surround yourself with optimists

How I was spending time earlier: With many acquaintances.

Here is how I spend time now: Quality time with a smaller number of friends.

4/ Actively seek the right people to mentor you

I use cohort-based courses to actively find people who are world-class at doing X.
5/ Build an audience

I've started growing an audience on Twitter.

Why?

An audience gives you leverage to use your specific knowledge effectively.
6/ Maximize free-time

I block 3 hours a day on my calendar.

Time is used mostly to just think, brainstorm with myself.

Some of my best ideas have come because of this.
7/ Hire people for integrity first, talent next

Earlier: I used to only test for skills. Made some really shitty hires (boy, do I have some stories to tell!)

Now: No integrity -> no relationship.

Extend this to friends, acquaintances
8/ Learn from first principles

I now go much deeper than I originally did on any topic. Iterate with the 5 Why's to deeply understand a concept

Interestingly, this has made anything I do more fulfilling.
9/ Becoming world-class at selling

I was an engineer turned CEO. I knew how to build.

Scaling a company is all about selling.
• Selling customers
• Selling employees
• Selling investors

So I prioritized learning how to sell.
10/ Don't compare yourself to others. Don't compete.

I only compete against myself with the goal of constant improvement. This has helped me not have FOMO.
I have several more that I'm working on. Will share in a follow-up thread.

If you liked this, jump back to the top and retweet it to help others make life changes. 🙏

I write weekly threads on scaling myself and my team, lessons learnt after becoming CEO and building AI technology.

If this is interesting, Follow me → @siddharthm83 ❤️

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Siddharth Mohan

Siddharth Mohan Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @siddharthm83

24 Oct
I had a panic attack during my first ever presentation due to stage fright.

It crushed my self-confidence.

Today, I can deliver a great presentation even at 2 a.m.

Here are 7 steps that I took (and you can too!) to present with confidence 🧵...
1/ Find intrinsic motivation

The panic attack incident created a chip on my shoulder.

I thought - if another person can do it, why couldn't I?

I now had something to prove ... to myself. This was a strong motivator.
2/ Learn Storytelling

I didn't want to improve by 10%, I was shooting for 10,000x

This meant going back to the basics - storytelling.

Learnt from several resources. Two best:
• Resonate by @nancyduarte
• Pixar's storytelling workshop (will Tweet link to material soon)
Read 11 tweets
17 Oct
So, you want to

• Close sales deals
• Get hired
• Make great exec presentations
• Book demos
• Stand out

Here is a tactic used by the top 1% of people:

Create a S.T.A.R ("Something They'll Always Remember") Moment

It works 100% of the time!

Let me show you 👇
S.T.A.R Moment from one of our star engineers

Her technical interview went well (credibility established)

But what she did after blew our minds!

She hand sketched the Yembo AI robot in her thank you note.

Was so unique, we stopped interviewing others, made offer the same day! ImageImage
A current employee was working for one of our customers.

She was responsible for the Yembo implementation.

The internal team was complaining.

So she made Yuumbo chocolates (Yum!) to get them to give her a chance.

When she was looking to leave, we automatically hired her. Image
Read 7 tweets
10 Oct
As CEO, I've read 1000's of job applications.

But 99.9% of these applications suck - they are undifferentiated, boring, and irrelevant.

Follow these 7 steps for a guaranteed interview call 👇
1/ Quality over quantity

Biggest mistake I see: Mass applying to jobs with 0 research. This is the fastest way to get blocked.

Spend a minimum 30 minutes per app researching the company.

Learn the problem they are solving.

Learn how they are solving.
2/ Write a 2 sentence elevator pitch

Why do you want to work here? What excites you? - write a 2 sentence elevator pitch

What should excite them about you? - Write another 2 sentence elevator pitch

Example below 👇
Read 11 tweets
30 Sep
The Twitter header photo is the most underutilized asset

I’ve followed many within seconds - solely due to their banner

I realized, I am losing opportunities without a customized header photo

Put your header photo to work!

Here are 7 banners I learnt from to create mine...🧵
1/ @dharmesh

Why I followed within seconds -

• Established credibility immediately
• Content topics clearly visible (and relevant to me)
• Super friendly/approachable tone

Bonus: Have a lot of inspiration for my V2 header banner!
2/ @abarrallen

I was already following Allison. I sent her banner to my designer.

Why?

• Elevator pitch is precise
• Great visual design highlighting the product value
Read 10 tweets
26 Sep
After my last post, many people asked why I'm suddenly active on Twitter

I'll credit this to someone I haven't met - @balajis

I'm kicking myself for not building on Twitter earlier.

🧵 Here are the 3 main reasons why I started and why everyone (especially founders) should...
1/ "Failure to build an audience is like failing to build a website. It's a necessary task" - @balajis

Share your message unfiltered by going direct.

Become your own champion.

I've seen too many founders misquoted, for another's individual benefit.

2/ "Build a like-minded community in the cloud" - @balajis

Twitter has been amazing for me.

I've made critical company decisions, just based on what I've learnt here (more on this coming later).

Seriously, can't believe this site is free.

Read 6 tweets
21 Sep
5 years ago, Zach Rattner and I started Yembo. Incredible journey so far!

• Grew to $1,000,000 ARR and lost it all in 2018 😞
• Company almost died 😱
• Grew back to $1M ARR within 1yr, and $4M ARR in the next two 😌

Next step: $20M ARR.. 🚀

Here is how we did it 🧵
1/ First - What is Yembo?

We are the leader in AI-based “virtual survey” products for home services.

Home services - movers, painters, etc send a trained person onsite to give a quote. The process is slow and inaccurate.

Yembo uses video and AI to eliminate the onsite visit.👇
2/ Founding story

My co-founder @zachrattner and I met at Qualcomm.

I was working on AI algorithms, he was a SW engineer.

Zach texted me one day “we should do AI for moving”.

My first arrogant reaction - "what a terrible idea".

Dismissed it, didn't even respond. 😥 Image
Read 15 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Thank you for your support!

Follow Us on Twitter!

:(