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Workpost 27: Business Inspiration
Byjack
- Start with what you love
- Learn how to do what you love doing better
- Find a partner to fill gaps within your execution
- Come up with simple execution plan
- Figure out where the revenue comes from
- Start with purpose, later you manage purpose not employees
- Delay gratification
- Culture has to be client centric
- Hacking luck is about persistence
- Taking risk increases luck
- How to deal with failure
- Don’t let things own you
- Do not let short term ego go (enjoy looking like a loser)
- Learn to embrace getting a D
- Take your time
- Don’t ask yourself what you will do when you grow up, ask yourself what problem you want to solve
- Write down in detail what person you are looking for in a cofounder
- Opposite of what you love to do
- Same moral code
- Post it everywhere
- Sell the sizzle, not the steak
- Build sales relationship
- Do they need you?
- Do you like them?
- Marketing is about experimenting and connecting with people over time
- Marketing is all about the process and the system
- Marketing is about having fun
- Write press release like its the actual story, do all the work for the journalist (high res photos)
- Lean into marketing for other brands you like and they can lead to brand sponsorship
Something I was thinking about in this video is how I love challenges, but I don’t like failures. But maybe the most important thing to do, or a really good outcome for a challenge is failure, and I can focus on failure if I want to. I think maybe a big part of failure, is unexpected outcomes. It isn’t important that you didn’t succeed at what you originally went for, but how you grew in the process of trying and discovering what unexpected things were on the other side.
The cofounder part is also really interesting in writing down what I want so I can recognize someone when I see them.
Sales relationships makes me think about reaching out with all my goals and involving people on a journey because that is the thing that interests me the most, it is the thing that I can connect with people on very easily and naturally.
Marketing is making me think that failure might also be about the story you can tell afterwards. The story is not about success, it is about the exciting hook and premise. Failure is one of the most interesting ends to a story, although it can be depressing.
Finding the First People On Social Media
Byjack
I had a thought today. I have a friend on Instagram who has a handle @theirname1. I was wondering who got the handle without the number at the end. I was thinking, they cannot be that old since Instagram itself is not that old. And why stop there…why not look at the people who old the handles for the most common names? Like who owns @bob? Or @john or @mary? Do famous or rich people ever buy those handles or are they owned just by early adopters?
Calling in the One: Manifesting Your Ambition
Byjack
Ideas in this video
- Go for something that is impossible, we inspire the angels when we do that.
- See yourself as the source of everything. How did I give my power away, how can I reclaim my power?
- Make our identity the one that has the thing we want.
- Generate the future with the action you take. Become the person you need to be.
Also, the idea of meditating in what your vision is and looking into three things you have to let go of in order to become the person you need to be.
Additional Thoughts on Affirmative Action and Personal Decision Making
Byjack
The types of biases:
1. Cognitive Dissonance
2. Spotlight Effect
3. Anchoring Effect
4. The Halo Effect
5. Gambler’s Fallacy
6. Contrast Effect
7. Confirmation Bias
8. Baader-Meinhoff Phenomenon
9. Zeigarnik Effect
10. Paradox of Choice
More biases:
11. Survivorship Bias
12. Self Serving Bias
13. Fundamental Attribution Error
14. Hindsight Bias
15. Availability Bias
16. Availability Cascade
17. Sunk Cost Fallacy
18. Framing Effect
19. Clustering Illusion
20. Exponential Growth
21. Barnum Effect
Ideas for these biases:
- Create a selection process (for college, group or job)
- Use for cold hard thinking areas (stocks)
- Use in logic games (Valorant, Chess)
- Take advantage of bias to do careful marketing
Profit in Peace 20: Boundaries
Byjack
I was thinking today about boundaries and needs, and how I’m starting to work on recognizing them. I’ll add a new one to the list:
- Honesty – truth is important
- Empathy – emotions are important
- Respect – it is important to be valued and value others
- Time – control over your time and space
- Possibility – belief anything is possible
- Health – lifestyle is important
Needs are interesting, because I think boundaries are used to protect needs. I’m not entirely sure whether or not these are needs or boundaries. I also don’t know if they are values. In doing a little more research it seems that some people would consider these values, not needs. Maybe I should switch up my terminology.
In any case, health is a value that I recently added to incorporate my dedication to sleep, digestion, and exercise all in the service of feeling happy, strong, and energetic (for the long run).
I also recently thought about possibility. The most often neglected of all my values/needs but I feel equally important. I realized recently that possibility is what drives solutions. Boundaries are important, but communicating them, enforcing them, often requires compromise and communication. And what helps with that is the feeling of possibility.
Recently, I was feeling resentful of my parents not wanting me to go to a social gathering with friends. I felt it was violating my boundary around health (mental health), empathy (where they would value my emotions) and honesty (I did not feel like I could be honest about any of this).
However, I didn’t know what to do because I respect their boundaries around health might be a bit different from mine. Being older and frailer, they were more worried about my health and their own. I know that I cannot protect them from getting sick, but I felt increasingly stressed.
The possibility value came into play when I thought about how anything is possible. I started to think about how I could meet my need for emotional health in different ways, for example, talking more to my friends and meeting more of them (in a more one on one setting) that would potentially reduce and control the risk to my parents. At the same time I still see possibilities in meeting up with my friends working out as possibility is always there.