Naval Ravikant's latest podcast with Chris Williamson is mind-blowing.
He revealed:
• Why he deleted his calendar
• Three decisions that determine 90% of your life's outcome
• Why most anxiety comes from a problem few understand
10 insights that'll transform your life:
@saptarshipr Similar experience at Social Offline Hyderabad, the valet asked me to scan the QR code on the card he handed me about 8-10 mins before I needed the car so it would be ready when I step out. I think this should get integrated as an opt out add-on when asking for the bill.
And now @DotPe_India have another dark pattern literally preventing me from giving business to the restaurant.
There’s no way to get rid of it and why should there be a need?
This is hurting @SocialOffline business, I would have explored their dishes and ordered more.
Indian startup Dotpe, that raised ~$100M to build point of sale systems for restaurants left their entire API fully public.
A clever hacker found out the most ordered thing at every Social in India.
And did a prank to order what he wanted for a person next to him!
Zero auth.
@hosun_chung While the predictions may or may not get realised fully or proportionately across the world, his investments’ valuation is surely getting inflated before that.
@Somethingsbrwng
Your customer support is unresponsive privately - so I'm letting you know here.
It's been 15 days awaiting the refund of an order you sold me and then told me that it's out of stock.
Order Number: #18837
1s willing to learn grow fast
2s sometimes stagnate and give up
3s get more attention than they deserve and believe they don’t need to grow
4s are sometimes misunderstood until the others catch up
1. The naive mind finds things simple
2. The average mind finds things complex
3. The smart mind solves complex things
4. The smartest mind makes complex things simple
Could be as simple as, 'what do I want out of this meeting/conversation' or 'what impression do I want to leave this audience with?'
or bigger ones like, 'what do I need to have achieved by the end of this year/project'.
One signal of expertise is thinking about the outcome you want and trusting your brain to do and make you say the right things to get you there.
It means you have now the skills - you need to point them in the right direction with intention.
The ‘Founders’ podcast is full of golden nuggets! And thanks to Apple Podcasts transcript, so much easier to share a highlight!
https://t.co/znKOVlaVyi
Kobe Bryant on being undeniable:
"At the end of my first season in the NBA, we had made it to the Semifinals, up against Utah.
But in the deciding fifth game, I let fly four airballs, and we lost our chance at the title.
Those shots let me know what I needed to work on the most: my strength.
That's all the airballs did for me.
In that game, nerves weren't the problem. I just wasn't strong enough to get the ball there.
My legs were spaghetti; they couldn't handle that long of a season.
How did I respond to that?
By getting on an intense weight-training program.
By the start of the next season, my legs and arms were stronger and I was ready to get it on.
(This is the most important part)
In the immediate aftermath, I was never concerned by how the franchise or fans would react.
I knew I would put in the work, which is what I did.
In fact, as soon as we landed I went to the Pacific Palisades high school gym and shot all night long.
I went back the next day and worked.
And I worked and worked and worked.
In my mind, it was never a matter of,
“Oh, no, I’ll never get another shot at this."
I felt that my destiny was already written. I felt—I knew—that my future was undeniable and no one, not a person or a play, could derail it."
My rules for being a founder (after selling 3 companies):
- Pay your invoices fast. People appreciate it
- Recurring meetings are mostly useless
- Your best internet ideas come when you are off the internet
- Create products no one asks for but everyone wants
- Really interesting people apply for Chief of Staff roles
- You need 1000 bad ideas to get to 1 good idea
- Social posts are MVP V1, group chats are MVP V2, products is mvp v3
- Avoid VC unless it's a competitive advantage or you're building deeptech, cleantech, AI chips etc
- Be a rifle not a shotgun. Rifles are targeted, shotguns aren't. The internet rewards targeted products
- Products are like airbnbs. The ones that get booked up the most are the unique experienced ones
- Be a community billionaire. Meaning, create value with many micro-communities
-Buy the ticket, take the chance. My best opportunities came from hopping on a plane to meet someone
- Build communities to avoid reliance on ads
- We’re all in the trust business. Do things that make people trust you
- 100% passive income from startups doesn’t exist.
- Multiple products, multiple revenue streams in case something dries up
- Be the creator or partner with the creator but always have a creator involved
- Freedom from venture, freedom from ads makes me happy. No bosses or micro-bosses
- Do things to put you in the zone to come up with the ideas
- Celebrate all wins, little and big
- Everyone with an internet connection can build an empire
- Be proud or what you're doing or don't do it
- The best ideas are capital light, defendable, have network effects & increased demand
- Dividends > exits
- You can take over your world not the world. Gotta start somewhere niche
- If you can turn your jealousy of others into inspiration of others, you instantly become more productive
- Don’t lose money monthly, make cash flow
- Never call GMV ARR when it's GMV
- Brands: people like brands. Community-based brands: people love brands
- Google Trends/Reddit is a goldmine for startup ideas
- Work with people who will be fun to work with
- Be on time, send cal invites, do the little things
- Whoever is latest to the meeting pays for the coffee, food, drinks.
- Create the things you wish existed
- The most important decision you can make on any given day to be productive: ignore the noise
- "You can get what you want - if you help enough other people get what they want.”
- Every sale has some urgency. No urgency, no sale
- Never care what others think unless it's a loved one
- Sometimes you need to overdose on caffeine, put some headphones on and ship your heart out
- Every startup you start ask yourself what's your unfair advantage. You'll need one
- Checking your email isn't working. People go in these "infinite loops" from app to app checking only to realize the day is over.
- The best products don't necessarily win, the best brand does
- I find all my business partners from either people I grew up with or people I find fascinating on the internet, and nothing in between.
- Find true fans. “10 people who yell make more noise than 10,000 people who are silent”
- My retirement plan. Pick niche. Build community. Create product. Dominate niche. Hire operators. Don't raise venture capital.
- You’d be surprised how many startups spend millions of dollars a year of other people’s money trying to scale a business without an offer that resonates.
- TikTok reviewers are the new search engines.
- Reality is the ultimate "virtual reality”
- Every company is made out of thin air. Anything is possible.
- Find cheerleaders. People above you, people below you, people on your level
- Underspend on material pocessions, overspend on people, experiences, that move you faster
- Some unfair advantages: internet audiences, being "nerdy", spy software, being early
- Create products that reinforce the identity. Those outperform.
- On creating content: the post brings the people, the replies bring the gold
I hope this got you thinking. Reply if it did.
You can follow me @gregisenberg for more.