- My number one priority, above the happiness, above the family, above the work, is my own Health, physical, mental, and spiritual.
- Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in social hierarchy.
- Ignore people playing status games. They gain status by attacking people playing wealth creation games.
- Read what you love until you love to read.
- Set up systems, not goals.
- When you are young enough, spend more time making the big decisions. There are basically three really big decisions you make in you early life: where you live, who you're with, and what you do.
- Choosing what city to live in can almost completely determine the trajectory of your life, but we spend so little time trying to figure it out what city to live in.
- Pick an industry where you can play long-term games with long-term people.
- Meditation and mental strength everyday. Meditation isn't hard. Just sit down and close the eyes and say "I'm just going to give myself a break for one hour. If thoughts come, thoughts come. I'm not going to fight them".
- Hiking is a walking meditation. Journaling is writing meditation. Praying is a gratitude meditation. Showering is accidental meditation. Sitting quietly is direct meditation.
- I just don't believe in anything from my past. Anything. No memories, no regrets, no people, no trips, nothing. A lot of our unhappiness comes from comparing thing from the past to present.
- If you're going to make money, your basic math should be really good. You need to know arithmetic, probability, statistics.
- You're not going to get rich renting out your time. You must own equity - a piece of business - to gain your financial freedom.
- Should to find internal freedom. Freedom from reaction, from feeling angry, from being sad, from being forced from doing things. I'm looking for "freedom from", internally and externally, whereas before i was looking for "freedom to"
- Arm yourself with specific knowledge, accountability, and leverage.
- Specific knowledge is knowledge you cannot be trained for.
- Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media)
- There are three broad classes of leverage: labor, money, products with no marginal cost of replication. If you can't code, write books and blogs, record videos and podcasts.
- Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers.
- There is no meaning to life. Anything you do will fade. It will disappear, just like human race will disappear and the planet will disappear.
- Learn to sell. Learn to build.
- Pick business partners with high intelligence, energy, and, above all integrity (честность)
- Don't spend your time to making other people happy. Other people being happy is their problem. It's not your problem. If you are happy, it makes other people happy.
- Set and enforce an aspirational personal hourly rate. - If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.
- Work as hard as you can.
- There are no get-rich-quick schemes.
- You have to come up to speed on a new profession within nine months, and it's obsolete four years later. But within those three productive years, you can get very wealthy.
- Knowing how to be persuasive when speaking is far more important than being an expert digital marketer or click optimizer.
- You do need to be deep in something, and you can only achieve mastery in one or two things.
- All the returns in life, whether in wealth, relationships or knowledge, come from Compound interest.
- Why CEO of a public company managing billions of dollars? It's because people trust them. Compound interest also happens in reputation. If you have a sterling reputation and you keep building it for decades upon decades, people will notice.
- Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in social hierarchy.
- Ignore people playing status games. They gain status by attacking people playing wealth creation games.
- Read what you love until you love to read.
- Set up systems, not goals.
- When you are young enough, spend more time making the big decisions. There are basically three really big decisions you make in you early life: where you live, who you're with, and what you do.
- Choosing what city to live in can almost completely determine the trajectory of your life, but we spend so little time trying to figure it out what city to live in.
- Pick an industry where you can play long-term games with long-term people.
- Meditation and mental strength everyday. Meditation isn't hard. Just sit down and close the eyes and say "I'm just going to give myself a break for one hour. If thoughts come, thoughts come. I'm not going to fight them".
- Hiking is a walking meditation. Journaling is writing meditation. Praying is a gratitude meditation. Showering is accidental meditation. Sitting quietly is direct meditation.
- I just don't believe in anything from my past. Anything. No memories, no regrets, no people, no trips, nothing. A lot of our unhappiness comes from comparing thing from the past to present.
- If you're going to make money, your basic math should be really good. You need to know arithmetic, probability, statistics.
- You're not going to get rich renting out your time. You must own equity - a piece of business - to gain your financial freedom.
- Should to find internal freedom. Freedom from reaction, from feeling angry, from being sad, from being forced from doing things. I'm looking for "freedom from", internally and externally, whereas before i was looking for "freedom to"
- Arm yourself with specific knowledge, accountability, and leverage.
- Specific knowledge is knowledge you cannot be trained for.
- Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media)
- There are three broad classes of leverage: labor, money, products with no marginal cost of replication. If you can't code, write books and blogs, record videos and podcasts.
- Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers.
- There is no meaning to life. Anything you do will fade. It will disappear, just like human race will disappear and the planet will disappear.
- Learn to sell. Learn to build.
- Pick business partners with high intelligence, energy, and, above all integrity (честность)
- Don't spend your time to making other people happy. Other people being happy is their problem. It's not your problem. If you are happy, it makes other people happy.
- Set and enforce an aspirational personal hourly rate. - If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.
- Work as hard as you can.
- There are no get-rich-quick schemes.
- You have to come up to speed on a new profession within nine months, and it's obsolete four years later. But within those three productive years, you can get very wealthy.
- Knowing how to be persuasive when speaking is far more important than being an expert digital marketer or click optimizer.
- You do need to be deep in something, and you can only achieve mastery in one or two things.
- All the returns in life, whether in wealth, relationships or knowledge, come from Compound interest.
- Why CEO of a public company managing billions of dollars? It's because people trust them. Compound interest also happens in reputation. If you have a sterling reputation and you keep building it for decades upon decades, people will notice.