The "just-in-case" learning is a waste of time and energy. Like reading investment books without investing, or reading business books without running a business, or reading leadership books without having a team. You need to apply the knowledge for the real learning to happen.
@ShaanVP Great series! And a great job picking interesting businesses and entrepreneurs. It was not only fun learning about the businesses but most of these guys were easy and fun to listen to.
Now do the same thing with smaller businesses that are trying to get to their first mil 🙌🏼 🔥
@indexnforgetit Besides the “would I live in the area” agreed on all other criteria.
What do you consider minimum CoC % to be worth your while and what dollar amount is your minimum per door or unit?
Man… just realized that when you chase your dreams it doesn’t only change your life - it opens doors for others too.
When you accomplish something, you create opportunities for other people to reach their goals along the way. How many people’s lives shift for the better just because you didn’t give up?
Someone famously said "The ability to play chess is the sign of a gentleman. The ability to play chess well is the sign of a wasted life."
I think this applies to many fun hobbies…
They are important to bring joy, foster social connection, and even sharpen skills.
But if you obsess over something to the point where you get no added value from the additional output, it simply becomes a distraction from life’s core responsibilities.
Interesting take. I agree for the most part (I think)
“Free rent” in a shitty little house feels like too good of a deal to leave behind to go do all the things that would otherwise improve your life.
I guess sometimes what holds us back isn’t what we lack, but what we have - a home, a job, a relationship…
Adam Carolla has an old line about how if you want to destroy somebody’s life, just give them free rent in a shitty little house. You’ll come back 30 years later and find them still living in that shitty little house, because it was just too good of a deal for them to go out and do all the things that they would’ve otherwise done to improve their lives.
I reread this quote every week:
The two most powerful words in the English language are “I am”
Whatever you put after those two words shapes your reality and destiny