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  1. F

    Stop reading self-improvement books

    MINDSET 
    As someone who has read a lot of non-fiction, my advice is know when to stop. Somebody asked on this forum, what book to read after TMF, and got very insightful advice: don't read any. Just take action. Just because a book is in a self-improvement section at Barnes & Noble does not mean that it...
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    Have no direction with my career, advice needed

    Hard to assess your skills from the information given. Not a very good programmer - what does it mean exactly? Most people with a computer science B.Sc. who worked at Google or Facebook for 2-3 years are not very good, because less than 1% are very good. Or is it more like you have only ever...
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    Luxury goods millionaires? Really?

    Either way you have to create value. You have explained yourself that the value is not in the product but in the brand. Put the same amount of effort into creating a brand, and after 1000s of hours you will probably understand how it works.
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    Brainstorming - parenting niche

    I used to have this same concern, and wasted years before learning my lesson: most new ideas aren't good. (Particularly most new ideas created by a person with no business experience.) If you come up with a new idea and see nobody doing it; maybe they aren't doing it for a reason. Yes, you can...
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    Progress Log: Investing for Passive Income

    HOT! INVESTING 
    This is an amazingly clear explanation. My interpretation is that it is betting on volatility: hoping that the stock will be fluctuating up and down. If it were to keep increasing then this strategy would lose money by selling, then buying back at a higher price.
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    Why does MJ tell the truth? Lying would make him more money.

    HOT! 
    As another method to approach people that you want advice from, I once got a message from some young guy on Linkedin who wrote he wanted to learn from me and be under my guidance (because of some big accomplishment of mine he was aware of), and asked to give him an assignment. I replied I...
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    Entrepreneurial Failure (Get Used To It)

    MINDSET FAILURE 
    this is spam...
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    Hi Sean, read your thread about a service business for real estate agents. I've been working on...

    Hi Sean, read your thread about a service business for real estate agents. I've been working on a complementary business with a few other people that is also serving real estate agents, though is a tech solution: EZ Homes – Real Estate Interactions Made Easy Let's chat some time and learn from...
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    How much does it cost to make an app like Tinder?

    HOT! 
    From actually working on something similar, you could build a throw-away MVP that is still "viable" for maybe $60k (sixty, not $2k) or maybe even less. If you have a very experienced developer who is a cofounder, they may be able to produce a usable MVP in 6 weeks of full-time work, but for a...
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    Why do so many programmer's settle for jobs when they're capable of so much more?

    If you work 50 hours/week and make $25K/year and hate your job, it's one thing. If you work 30 hours/week and make $250K/year and generally enjoy your job, it's another thing.
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    I'm buying a house 'near' major airports in the UK and installing full lockdown work/life set up.

    MINDSET 
    Near an airport? What about the air quality? I would never think of voluntarily spending 3 months at this kind of location.
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    The biggest lie that you believed for most of your life?

    NOTABLE! MINDSET 
    The FICO corporation itself pushes the personal responsibility narrative, as do some other players in the space. It is necessary for them as otherwise it looks like FICO just discriminates against people who were born into the lower class, people who were born into certain regions of the...
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    The biggest lie that you believed for most of your life?

    NOTABLE! MINDSET 
    That the world is full of stupid people because said people don't understand art, science, etc. in depth. That people interested in simple subjects are necessarily shallow and not worth knowing. That sales and marketing are "low" professions. That the world is full of selfish people because...
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    HOW DO I SERIOUSLY GIVE UP GAMING

    GOLD! MINDSET 
    Just found this thought-provoking article about free-to-play games that get 50% of their revenue from 0.15% of their users, some of whom are seriously addicted and may be spending their last savings to buy in-game artefacts: Gamasutra - Chasing the Whale: Examining the ethics of free-to-play games
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    How to find people to join my company on LinkedIn

    OFF-TOPIC 
    Well, are you doing some bona fide work? What is the point of being a Vice-President at a nonexistent company? If I tried to use it to interview for another job, they would still ask me about this experience — especially if it allowed my profile to stand out in the first place? Maybe just offer...
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    Will you take the COVID19 vaccine?

    HOT! 
    @Matt Sun , first, we do not want another 500K-1M people to die, even if most of them will be 65+ years old. Second, this is only currently while the healthcare system can handle it. If you cannot promptly treat people including with intensive care, the rates will be higher. Third, this...
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    Should I invest in stock market if I am trying to start a fastlane business?

    HOT! MINDSET 
    Let's say it takes a week of full-time effort for you to educate yourself about the situation and invest $100k, and miraculously you get a 5% return without any risk. That is, given that the risk-free rate is zero in both the U.S. and in Europe. Then this extra $5,000 is earned in 40 hours of...
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    What Are The Worst Mistakes You've Done In Your Entrepreneurial Journey?

    NOTABLE! MINDSET 
    Giving up too early. E.g. I've had a project where the team of several people has put in light part-time work over a year, and we needed just 300-400 hours of effort to get to a first B2B trial that could have given us revenue. Everyone was tired and uninspired by that time. However, if I...
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    What to do with emails/phone numbers I cant use?

    MARKETING 
    What are you shipping? What goods or services?
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    Setting health goals

    MINDSET 
    It may help to add that I am 36 years old and have been exercising 5-7 days a week for decades; I don't smoke or drink and pay reasonable attention to my diet. So any sickness is in that context.

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