Nikhill

Learner. Seeker. Believer. Dreamer. High on Blockchain, Crypto and Web3!

[Tim Ferriss @tferriss]

An email from Coach Sommer I revisit often:

Hi Tim,

Patience. Far too soon to expect strength improvements. Strength improvements [for a movement like this] take a minimum of 6 weeks. Any perceived improvements prior to that are simply the result of improved synaptic facilitation. In plain English, the central nervous system simply became more efficient at that particular movement with practice. This is, however, not to be confused with actual strength gains.

Dealing with the temporary frustration of not making progress is an integral part of the path towards excellence. In fact, it is essential and something that every single elite athlete has had to learn to deal with. If the pursuit of excellence was easy, everyone would do it.

In fact, this impatience in dealing with frustration is the primary reason that most people fail to achieve their goals. Unreasonable expectations timewise, resulting in unnecessary frustration, due to a perceived feeling of failure. Achieving the extraordinary is not a linear process.

The secret is to show up, do the work, and go home.

A blue collar work ethic married to indomitable will. It is literally that simple. Nothing interferes. Nothing can sway you from your purpose. Once the decision is made, simply refuse to budge. Refuse to compromise.

And accept that quality long-term results require quality long-term focus. No emotion. No drama. No beating yourself up over small bumps in the road. Learn to enjoy and appreciate the process. This is especially important because you are going to spend far more time on the actual journey than with those all too brief moments of triumph at the end.

Certainly celebrate the moments of triumph when they occur. More importantly, learn from defeats when they happen. In fact, if you are not encountering defeat on a fairly regular basis, you are not trying hard enough. And absolutely refuse to accept less than your best.

Throw out a timeline. It will take what it takes.

If the commitment is to a long-term goal and not to a series of smaller intermediate goals, then only one decision needs to be made and adhered to. Clear, simple, straightforward. Much easier to maintain than having to make small decision after small decision to stay the course when dealing with each step along the way. This provides far too many opportunities to inadvertently drift from your chosen goal. The single decision is one of the most powerful tools in the toolbox.

[Tim Ferriss @tferriss]

Identity diversification simply means cultivating multiple, independent areas of growth in your life where you can chart progress.

This is engineered so that your self-worth isn’t entirely dependent on one thing, such as the regular ups and downs of your own startup.

Being overinvested gets a lot of media play and X threads, but there’s a nasty survivorship bias at work. I’ve seen dozens of founders implode because their “startup as self-worth” metrics went sideways for a few months.

I prefer an approach with more margin of safety, and it’s entirely compatible with domain mastery.

For instance, you could very well spend 40 to 80 hours per week on your startup, but if you supplement that with indoor rock climbing, weight training, chess club, or something else that has its own metrics for growth, even if new regulations or a competitor tank your startup for a short stretch, you can still offset the blow with progress outside of the office.

It’s cheap psychological insurance.

I think of identity diversification as a huge competitive advantage in games that depend on endurance. At the highest levels, that’s pretty much everything.

[Reads with Ravi @readswithravi]

To understand the world, read.
To understand yourself, write.

[Nikhill @dummy_brat]

@janwhyy Companies want to give people instant gratification of their wishes by offering them money. Who profits from it? The mediators and banks. And this goes to everyone. Bcz banks don't care if ppl go on debt. They are profiting. That matters to them.

[Gary Vaynerchuk @garyvee]

You wanna fucking win in life? Fall in love with losing, because most people are scared of it.

[Reads with Ravi @readswithravi]

There’s an old Persian proverb that I love:

“When a tree falls, everyone hears the sound. But when a tree grows, no one hears it.”

[Reads with Ravi @readswithravi]

Robert Greene was right when he said:

“Eventually, the time that was not spent on learning skills will catch up with you, and the fall will be painful.”

[Nikhill @dummy_brat]

@svembu For GPU renting, you can look into @nosana_ai.

[Incentivising @incentivising]

Game theory explains why working harder inside a broken system is the worst response to that system. Because a system is never truly broken. It's just producing exactly the outcomes its own incentive structures were designed to produce, whether intentional or not. Working harder inside this system increases your output in the payoff matrix, but it simply won't change the actual structure of the system's matrix. Thus, the correct response is not more effort. Instead, you must aim to identify whose interests the current structure serves and position yourself in favor of those interests rather than against them. Change the game, or play the game that is actually being played. Either way, you must stop optimizing for the game you wish it to be and start acting realistically.

[Marc Randolph @marcrandolph]

You cannot install a culture of experimentation.

You can only model it.

Culture isn’t what’s written in the employee handbook or posted on the lobby wall.

Culture is what people observe — who gets celebrated, who gets promoted, who gets fired, and why.

Everything else is decoration.

[Codie Sanchez @Codie_Sanchez]

35 lessons from selling three businesses before I turned 35:

1. Your first business will likely fail.
2. All your money gets made after that.
3. Most people give up too fast.
4. You'll outgrow almost everyone.
5. If you get distracted, you'll get beaten.
6. It will not happen between the hours of 9 and 5.
7. Late nights, early mornings, repeat.
8. Emotions can be cancer.
9. If you think you should fire them, do it.
10. Not in writing? Didn't happen.
11. Never be embarrassed for not knowing.
12. Bigger the problem, bigger the $$.
13. No one ever charges enough to start.
14. Your favorite words have 3 letters: CPA, COG, CAC, P&L
15. Be selfish with your f*cks.
16. Protect your energy, it's real.
17. Someone will steal from you.
18. Sales beats everything.
19. If they're not better than you at something, they're not for you.
20. You want it, cross it off the to-do list.
21. Everyone lies and they believe themselves.
22. Be your own motivational speech.
23. It's gonna suck... often.
24. Yet you'll wish you could do it again.
25. You won't win if you're not obsessed.
26. Balance is seasonal.
27. Ignore talk, believe skin in the game.
28. Leave money for a rainy day.
29. You can't eat net worth, cash is king.
30. Don't swerve in too many lanes, you get hit.
31. Work like a lion, not a cow.
32. Who... not how. Always.
33. You're one person away from your win.
34. Dream so big you outdream others.
35. You'll only regret not starting earlier.

[Nikhill @dummy_brat]

@lynk0x Travel more, buddy.

[Nikhill @dummy_brat]

@crypto_0l0n Great work guys!

[Alan Smith @AlanJLSmith]

Suppose that once a week, ten men go out for beer and the bill for all ten comes to £100.

If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.

The fifth would pay £1.

The sixth would pay £3.

The seventh would pay £7.

The eighth would pay £12.

The ninth would pay £18.

And the tenth man (the richest) would pay £59.　

So, that’s what they decided to do.

The ten men drank in the bar every week and seemed quite happy with the arrangement until, one day, the owner caused them a little problem.

“Since you are all such good customers,” he said, “I’m going to reduce the cost of your weekly beer by £20.”

Drinks for the ten men would now cost just £80.

The group still wanted to pay their bill the way we pay our taxes.

So the first four men were unaffected.

They would still drink for free but what about the other six men?

The paying customers? How could they divide the £20 windfall so that everyone would get his fair share?

They realized that £20 divided by six is £3.33, but if they subtracted that from everybody’s share then not only would the first four men still be drinking for free but the fifth and sixth man would each end up being paid to drink his beer.　

So, the bar owner suggested that it would be fairer to reduce each man’s bill by a higher percentage.

They decided to follow the principle of the tax system they had been using and he proceeded to work out the amounts he suggested that each should now pay.

And so, the fifth man, like the first four, now paid nothing (a 100% saving).

The sixth man now paid £2 instead of £3 (a 33% saving).

The seventh man now paid £5 instead of £7 (a 28% saving).

The eighth man now paid £9 instead of £12 (a 25% saving).

The ninth man now paid £14 instead of £18 (a 22% saving).

And the tenth man now paid £49 instead of £59 (a 16% saving).　

Each of the last six was better off than before with the first four continuing to drink for free.　

But, once outside the bar, the men began to compare their savings. “I only got £1 out of the £20 saving,” declared the sixth man. He pointed to the tenth man, “but he got £10!“　

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a £1 too. It’s unfair that he got ten times more benefit than me!”　

“That’s true!” shouted the seventh man. “Why should he get £10 back, when I only got £2? The wealthy get all the breaks!”　

“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”

The nine men surrounded the tenth and beat him up.　

The next week the tenth man didn’t show up for drinks, so the nine sat down and had their beers without him.

But when it came time to pay the bill, they discovered something important – they didn’t have enough money between all of them to pay for even half of the bill!　

And that’s how it works.

Tax them too much, attack them for being wealthy and they just might not show up anymore. In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier.　

For those who understand, no explanation is needed.

For those who do not understand, no explanation is possible.

[Nikhill @dummy_brat]

@kunalvg I'd love to take a look!

[Nikhill @dummy_brat]

@Political__mind @MeghUpdates 100% agreed with your POV. Seems like the judges don't have common sense and don't even think before giving out their judgements.

[Nikita Bier @nikitabier]

After 10 years of building consumer social apps, I've decided to start exploring new areas. Building these products is an unforgiving grind—but I learned a lot along the way.

For those embarking on this path, here's everything you need to know:

TIME FOR A THREAD 👇

[GREG ISENBERG @gregisenberg]

LLMs are basically reddit wrappers

[Nikhill @dummy_brat]

@tailopez Small correction; It was Peter Thiel who said this, not Elon.

[Nikhill @dummy_brat]

@IndiasCrypto #WazirXscam