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Free registration at the forum removes this block.Im going to be honest with you this isn’t your thread.Ok, Some context about me: I am currently working as a founding engineer for an amazingly-going funded startup (I was there since the beginning) and I love the team and highly believe in the idea.
Though I work in AI and get some ideas non-related to AI frequently but when I try to see that there are tens of companies funded with 10s of millions of dollars it just breaks my heart. No way, I alone, as a college freshman, will be able to beat such well-funded companies who spent 3-4 months in serious development.
Is there any advice you'd have regarding good ideas? ALMOST everything I find, whether related to my field or not just get's picked up by some big companies soon enough.
"You're young, it's your time to chill, party, mess around with girls, do the stupid shit"I saw some threads here about good advice, books, habits etc. that people wish they read / heard about earlier.
I am actually curious about the opposite. What BAD advice, BAD books, BAD habits etc. did you wish you never read / heard about ?
I think that achieving what you want is more times than not about NOT doing a specific thing than doing a specific thing.
I'll go first with an easy one
"Listen and follow your feelings when they spark up"
Absolutely useless advice that made me waste so much time beating myself up for feeling discomfort when things got hard.
I kept thinking that there was going to be a magical point where things will feel "natural" and "comfortable" and if I was not there that just meant that I needed to explore and meditate on my feelings even more (action faking by all accounts).
For example I was a very anxious person. I had anxiety spikes every time I went into a place with unknown people (yes, things literally as small as a shop). I used to think that I need to examine my anxiety and just be gentle with myself. Just tell myself that nothing was going to happen until the feeling disappeared.
That feeling never disappeared.
And when I got sick of this cycle I told myself that DESPITE me feeling anxious I will STILL follow through with the action that I meant to do.
And you know what? I still had anxiety. But little by little as I kept going it wound down.
Ultimately I've learned that having a bad feeling in fact is a good indication that I was doing something that would take me in the right direction.
What others do you have? And what books or habits do you wish you did not hear about?
I saw some threads here about good advice, books, habits etc. that people wish they read / heard about earlier.
I am actually curious about the opposite. What BAD advice, BAD books, BAD habits etc. did you wish you never read / heard about ?
I think that achieving what you want is more times than not about NOT doing a specific thing than doing a specific thing.
I'll go first with an easy one
"Listen and follow your feelings when they spark up"
Absolutely useless advice that made me waste so much time beating myself up for feeling discomfort when things got hard.
I kept thinking that there was going to be a magical point where things will feel "natural" and "comfortable" and if I was not there that just meant that I needed to explore and meditate on my feelings even more (action faking by all accounts).
For example I was a very anxious person. I had anxiety spikes every time I went into a place with unknown people (yes, things literally as small as a shop). I used to think that I need to examine my anxiety and just be gentle with myself. Just tell myself that nothing was going to happen until the feeling disappeared.
That feeling never disappeared.
And when I got sick of this cycle I told myself that DESPITE me feeling anxious I will STILL follow through with the action that I meant to do.
And you know what? I still had anxiety. But little by little as I kept going it wound down.
Ultimately I've learned that having a bad feeling in fact is a good indication that I was doing something that would take me in the right direction.
What others do you have? And what books or habits do you wish you did not hear about?
not saying passive income bad btw. im just saying it makes a lot of people lazy, giving up oppurtunities because "they have to put in the work and wont be able to make money in their sleep"OH AND ANOTHER PIECE OF ADVICE THAT HAS BECOME VERY MAINSTRAM
"you need to start by making passive income"
little kids who dont have a penny in the bank will start looking for "ways to make money in their sleep" when they dont even make money in their waking hours
That’s wrong and right IMO."You're young, it's your time to chill, party, mess around with girls, do the stupid shit"
given to me by a senior college student
in the context, it WAS about messing up your lifeThat’s wrong and right IMO.
You shouldn’t do stupid stuff like drugs or having sex with random girls unsafely, but at the same time, you shouldn’t be spending your childhood/ adolescence working and doing absolutely nothing. You don’t get that time back.
That doesn’t mean screw your life over, but at the same time don’t be working 24/7, you’ll burn out, waste your adolescent, ruin mental health and physical health.
"Listen to everyone's advice. Everyone got something to say." -- Don't listen to people you don't wanna be.I saw some threads here about good advice, books, habits etc. that people wish they read / heard about earlier.
I am actually curious about the opposite. What BAD advice, BAD books, BAD habits etc. did you wish you never read / heard about ?
I think that achieving what you want is more times than not about NOT doing a specific thing than doing a specific thing.
I'll go first with an easy one
"Listen and follow your feelings when they spark up"
Absolutely useless advice that made me waste so much time beating myself up for feeling discomfort when things got hard.
I kept thinking that there was going to be a magical point where things will feel "natural" and "comfortable" and if I was not there that just meant that I needed to explore and meditate on my feelings even more (action faking by all accounts).
For example I was a very anxious person. I had anxiety spikes every time I went into a place with unknown people (yes, things literally as small as a shop). I used to think that I need to examine my anxiety and just be gentle with myself. Just tell myself that nothing was going to happen until the feeling disappeared.
That feeling never disappeared.
And when I got sick of this cycle I told myself that DESPITE me feeling anxious I will STILL follow through with the action that I meant to do.
And you know what? I still had anxiety. But little by little as I kept going it wound down.
Ultimately I've learned that having a bad feeling in fact is a good indication that I was doing something that would take me in the right direction.
What others do you have? And what books or habits do you wish you did not hear about?
"Listen to everyone's advice. Everyone got something to say." -- Don't listen to people you don't wanna be.
A man’s youth alone is worthless and nothing to cash out.That’s wrong and right IMO.
You shouldn’t do stupid stuff like drugs or having sex with random girls unsafely, but at the same time, you shouldn’t be spending your childhood/ adolescence working and doing absolutely nothing. You don’t get that time back.
That doesn’t mean screw your life over, but at the same time don’t be working 24/7, you’ll burn out, waste your adolescent, ruin mental health and physical health.
It is interesting because successful people didn‘t follow routes of successful people. They followed their own advice.“Follow the Advice of Successful People.”
This quote at first during my early days at High School is good but after several years, I realized it is BS because it screams Survivorship Bias. Each time a Successful People spews advice, Hundreds or Thousands of People fail following the same advice.
Applies in businesses, investments, athletes, celebrities and even average people.
"focus on one thing, one business. That's what billionaires do."I saw some threads here about good advice, books, habits etc. that people wish they read / heard about earlier.
I am actually curious about the opposite. What BAD advice, BAD books, BAD habits etc. did you wish you never read / heard about ?
I think that achieving what you want is more times than not about NOT doing a specific thing than doing a specific thing.
I'll go first with an easy one
"Listen and follow your feelings when they spark up"
Absolutely useless advice that made me waste so much time beating myself up for feeling discomfort when things got hard.
I kept thinking that there was going to be a magical point where things will feel "natural" and "comfortable" and if I was not there that just meant that I needed to explore and meditate on my feelings even more (action faking by all accounts).
For example I was a very anxious person. I had anxiety spikes every time I went into a place with unknown people (yes, things literally as small as a shop). I used to think that I need to examine my anxiety and just be gentle with myself. Just tell myself that nothing was going to happen until the feeling disappeared.
That feeling never disappeared.
And when I got sick of this cycle I told myself that DESPITE me feeling anxious I will STILL follow through with the action that I meant to do.
And you know what? I still had anxiety. But little by little as I kept going it wound down.
Ultimately I've learned that having a bad feeling in fact is a good indication that I was doing something that would take me in the right direction.
What others do you have? And what books or habits do you wish you did not hear about?
4h of actual hard deep work + unlimited hours (or whatever the number is) of mechanic busy workThe whole 4 hours per week / deep work advice has started to pop off in my radar lately also.
I honestly did believe it. I'm not really sure about it anymore
I'm curious of what other people here think of this
Oh, I you come to a point that you realize that everything that Hamza says about business is BS to be honest...The whole 4 hours per week / deep work advice has started to pop off in my radar lately also.
I honestly did believe it. I'm not really sure about it anymore
I'm curious of what other people here think of this
The millionaire fastlane as i remember reading it years ago, right at the beging tells us not to aim for starting new things but "stop" what got us into the side walk. Even though I knew the truth, it took me years to understand what this means. For example... In your case Mr Stan. Naturally you hate crowded places. Yet you spent countless hours trying to get along with people. Its time for you to stop!I saw some threads here about good advice, books, habits etc. that people wish they read / heard about earlier.
I am actually curious about the opposite. What BAD advice, BAD books, BAD habits etc. did you wish you never read / heard about ?
I think that achieving what you want is more times than not about NOT doing a specific thing than doing a specific thing.
I'll go first with an easy one
"Listen and follow your feelings when they spark up"
Absolutely useless advice that made me waste so much time beating myself up for feeling discomfort when things got hard.
I kept thinking that there was going to be a magical point where things will feel "natural" and "comfortable" and if I was not there that just meant that I needed to explore and meditate on my feelings even more (action faking by all accounts).
For example I was a very anxious person. I had anxiety spikes every time I went into a place with unknown people (yes, things literally as small as a shop). I used to think that I need to examine my anxiety and just be gentle with myself. Just tell myself that nothing was going to happen until the feeling disappeared.
That feeling never disappeared.
And when I got sick of this cycle I told myself that DESPITE me feeling anxious I will STILL follow through with the action that I meant to do.
And you know what? I still had anxiety. But little by little as I kept going it wound down.
Ultimately I've learned that having a bad feeling in fact is a good indication that I was doing something that would take me in the right direction.
What others do you have? And what books or habits do you wish you did not hear about?
"focus on one thing, one business. That's what billionaires do."
Next thing you know is, you're stuck for years dumping money and time on your first business and ignoring all other opporunities. I regret ever listening to it.
Now I understand the intend, but it's so easy to confuse its context. The right thing to do instead (for me at least) is to try as much as possible and double down on what works once it does. I simply didn't experiment or test things enough before committing to something
The right thing to do instead (for me at least) is to try as much as possible and double down on what works once it does.
You sound like you have misinterpreted the advice and just didn't know when to quit and move on. Sounds like you continued to beat a dead horse, and expected it to wake up.
Pro athletes become pros by focusing on one sport, that's why there's very few dual sport pros (pro EU Football players, and NO pro baseball players) -- you can't become great at two things when you have split attentions.
Billionaires become billionaires by focusing on one big venture, they only have 20 ventures after they become billionaires. A great example is Matt Ishbia who just recently purchased the Phoenix Suns for over a billion dollars. How? He focused on his one business; mortgages. And now he can leverage himself in 20 different ventures, hire at will, and spread out into his wildest dreams. Every billionaire exemplifies this pattern ... one huge business >== huge wealth >== diversification into many businesses, many passion oriented.
Yes, and that's when you narrow your focus and pound the pavement -- and go from thousandaire, to millionaire, to billionaire.
Billionaires become billionaires by focusing on one big venture, they only have 20 ventures after they become billionaires.
thanks for clarifyingYou sound like you have misinterpreted the advice and just didn't know when to quit and move on. Sounds like you continued to beat a dead horse, and expected it to wake up.
Pro athletes become pros by focusing on one sport, that's why there's very few dual sport pros (pro EU Football players, and NO pro baseball players) -- you can't become great at two things when you have split attentions.
Billionaires become billionaires by focusing on one big venture, they only have 20 ventures after they become billionaires. A great example is Matt Ishbia who just recently purchased the Phoenix Suns for over a billion dollars. How? He focused on his one business; mortgages. And now he can leverage himself in 20 different ventures, hire at will, and spread out into his wildest dreams. Every billionaire exemplifies this pattern ... one huge business >== huge wealth >== diversification into many businesses, many passion oriented.
Yes, and that's when you narrow your focus and pound the pavement -- and go from thousandaire, to millionaire, to billionaire.
I know people who started off several projects to see which had the best feedback and then picked to focus on one eventually.Andrew Carnegie, Warren Buffet, Richard Branson, Donald Trump, they are generally known for one company or industry but they all had several simultaneous businesses.
Jack Dorsey cofounded square before twitter made him a billionaire. Steve Jobs wasn't a billionaire when he co-founded Pixar. Sam Walton was a franchisee before starting his first Walmart and kept his franchises for 13 years. Pinault started in timber. Carlos Slim definitely wasn't business monogamous. He was investing in multiple ventures from his teen years. Although Rockefeller stayed in the same industry he had a couple of companies and became rich before standard oil was even founded.
I don't know why the myth of business monogamy is so prevalent on the forum when Wikipedia so easily disproves this statement. I Googled like 12 names only 3 fit this description. Gates. Bezos. Musk (though not technically a billionaire, but he did have 2 9 figure exits before he founded Space X, bought into Tesla, etc...)
9 out of twelves names did not fit this description.
Many of these guys had an early "big pool of cash", but a little reading shows that number was as little as $400k to a few million before they started branching into multiple business.
If you're saying business monogamy is an easier path to billions, you won't hear a peep from me. But EVERY billionaire? History disagrees.
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