"Children are happy because:
1) They're not self conscious
2) They lack a sense of time pressure
3) They've no goals.
The bottom line is they are living from moment to moment, and the mind is not there to interfere in their bliss."
@naval
Treat your career like a Venture Capitalist.
Build a portfolio of revenue streams, knowing one will hit big.
1. Courses
2. Coaching
3. Micro-SaaS
4. Subscriptions
5. Paid community
6. Consulting & advising
7. Newsletter/podcast sponsors
Diversified solopreneurship.
Waking up at 5:45 am solves 99.9% of daily issues.
12 other unreasonably simple habits to change your life:
1. Grab your to-do list. Do the thing you want to do least, first.
2. Stop all 60 min meetings, make them 45 minutes. Tighter meetings, more time.
3. No social media, email, or text when you wake up. Write something, read something, or create something before you get sucked in.
4. Do the $1,000/hr Test. Group work in 3 buckets based on return: $10, $100, $1,000. Offload one low ROI task per day.
5. Change one meeting a week to a walking call. Watch how excited the other meeting member becomes.
6. Add a How vs Won't check-in. When you say, "that WON'T work." Instead ask, "How could that work?"
7. Be the dumbest one in your friend group, then move on when you’re not. As they say, if you’re the smartest person in the room, you’re in the wrong room.
8. Take a picture of your net worth. What gets measured gets managed. Check finances daily.
9. Always the stairs, never the elevator. Pick the hard option. See how much stronger you are than you think.
10. Never write to-dos in stone. You're 10x more productive if you reprioritize daily.
11. Meditate. 10 minutes a day. For a twofer - do it in the sauna. Sometimes hacking culture gets it right.
12. Get intimidated. Everything you want is on the other side of fear. Do something every day that scares you a little bit.
Life is the small things repeated daily.
Change one daily habit, and beautiful things start to happen…
So pick one.
Over the next 6-18 months we are setting up a monster rally for $BTC.
World will wake up to the reality that $BTC is the most useful bearer asset in existence and that credit assets are dangerous.
Bank failures one year before halving. Could not have written a better script.
USDC has 11.4b split between 7 banks. Two were SVB and SI. BNY Mellon likely holds the majority of assets (it's safest, if they wanted yield they'd be in treasuries). If 20% is in SVB and haircut on SVB is 92% (aggressive) then backing of USDC is cut by 182m, which is easily absorbed by CB balance sheet