Whats one thing you think or believe that most people on this forum would disagree with?

[Fox]

Peter Thiel has a favourite job interview question that goes like:

“What important truth do very few people agree with you on?”



Now for the forum version...

"What's one thing you think or believe that most people on this forum would disagree with?"

 

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[Fox]

Think and Grow Rich is actually a solid book with quite decent principles.

 

[OverByte]

I'm not sure if it's most of the forum, but based on # of threads on the topic I'll throw this out there...

The US dollar is NOT collapsing and will NOT collapse in the next 10 years.

General inflation (outside of assets - stocks/RE, etc) will go back to pre-pandemic levels within 2 years. Blips in consumer goods will be caused by supply chain shortages and not monetary policy.

PS: @Fox - great thread idea

 

[ljean]

Skill & luck in business & life is difficult to differentiate.

 

[Toyotomi]

Most developer jobs will be automated in the next 20 years.

A problem solver will always be needed but a coder will not be necessary.

 

[MTF]

A few that came to my mind first (I can already imagine some forum members disagreeing vehemently lol):

1. Laziness is essential for success in life (not just monetary success). The guys who never seem to do anything are the ones who ultimately get the most (and for sure enjoy their lives more).

2. If you don't absolutely need employees, don't hire them (ideally ever). Being a boss is like being an employee or a parent.

3. It's okay to make as much as you need to live your kind of ideal lifestyle (even if it's just $2000/month in passive income) and move on into a non-business life afterward (no need to build bigger companies for the rest of your life).

4. If you're always extremely busy in your business, you're doing things wrong. No business is worth losing all of your time freedom.

5. Hard work is the most overused and the least effective way to grow a business. Every fool can work hard. Few are creative enough to see a novel way to do something more easily (ties back to #1).

6. There ARE shortcuts and secrets to make things easier (to a realistic extent, I'm not talking about becoming a millionaire in a year). But it's sexier for business gurus to brag how hard they worked and how there are no shortcuts (so-called "hustle porn").

 

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[SteveO]

That we take life much too seriously.

 

[Guest-5ty5s4]

When you get lots of likes on your “unpopular opinion,” it means it actually is popular

haha, I’ll think of a better one than that

 

[K1 Lambo]

This. We live in a world where people think that busy is the goal so they can brag about it on social media. Like wtf? Ok, you worked 10-12 hours for the last 3 weeks but what did you get done, besides taking a few Starbucks selfies with your laptop on Instagram? People forget about this point. It's not about how much work you do, but the results that you're able to achieve with it, not to confuse it with being lazy, but by being effective and smart with your time.

It's like you can go to the gym for 3-4 hours(let's be real, if you're very productive at the gym, it shouldn't take you more than 45-60 minutes after warmup to get it done, and anyone who's naturally got a great physique knows this). The guys who spend that much time at the gym are probably 50-60% of the time looking at their phone, 15-20% of the time talking with the "bros" and the rest is spent on working out!

Or if you're a world class athlete like LeBron James, Kevin Durant, Cristiano Ronaldo, Lewandowski etc. Do these guys work hard? Yes. Do they work all the time to the point of burnout? Hell no, they have their little time spans(usually 2-5 hours each) when they do the work with focus and then do something else once they're done. Burning out would actually make them less effective in games.

I think people have this mentality because social media amplifies this mentality, especially the so called "motivational gurus". Statements like; "Just hustle", "Work every waking hour!" or "Wake up at 4am if you want to be a billionaire". Bollocks. Anyone who's had success in anything knows this is B.S. You've probably heard that Elon Musk story that's a little glorified where he had his 16 hour days(which I don't believe in at all, it's humanly impossible, unless you're on medicated drugs to keep that effectiveness for that long then yeah). Maybe he did have periods like that but it's a little tough to believe.

You hear these stories all the time. Do some people wake up at 4am and are successful? Yes they are. Do some people wake up at 8-9am and are still very successful? Yes. It's not when you wake up, but what you do when you're awake.

Look at the richest man in the world, Jeff Beezos. He has a very interesting philosophy on life. He says he sleeps 8 hours a day and keeps his day fairly structured. He says he's been using this strategy for a long time(20+ years I think, so he did use it when starting amazon). Or Larry Ellison who's a great example of someone who literally started with nothing. Zada. Almost eighty years old and looks like he's fifty, because he maintained his health in his youth as well. He's known for prioritizing his health.

Or Petter Stordalen(Norwegian billionaire); in his book he explained that he never really worked that hard, just a couple of hours per day, where he does what matters each day.

There's also a guy in my city who I know who has a net worth of almost 500,000,000$. He's one of the coolest dudes out there. He's in his mid fifties and has the coolest life ever. Has all this shit that you see on Instagram. Hypercars and supercars; Ferraris, Lamborghinis, Bugattis, Bentleys, McLaren F1 etc. He always says that the most important things for a successful business are capital and experience. Even though he does work hard as a CEO, I wouldn't say he's the hardest working dude.

I hate that nonsense that a lot of gurus preach out there, aka "If you're not working 10-14 hour days, then you're not working hard enough".

There's a great video on this from Tai Lopez that I've watched about a year ago(even though if you dislike him, he's a fantastic marketer who really knows what he's doing). Hard work is not everything, it's a part of the equation. If hard work was REALLY the only key to success, then construction and cave workers would be the the richest people on earth, but that's far from it.

There are people in India, Pakistan, Ukraine, Romania who work 12-16 hours every fcking day and are still earning very little. Whereas you got these TikTok girls who got no skills whatsoever(unless you count looking cute and having small dance abilities) who make a hell lot more than the former group. Or pranksters on YouTube with their dicks out lol.

 

[K1 Lambo]

Most developer jobs will be automated in the next 20 years.

A problem solver will always be needed but a coder will not be necessary.

Just curious, are you a software developer?

 

[Toyotomi]

Just curious, are you a developer? Sure, some processes will be automated, but then comes the concept of Machine Learning. There are two points that are crucial here; First, someone will need to program it from scratch(at least in the beginning until people are able to systematize it with proven formulas), and then comes the factor of training. Someone will have to keep training/updating these machines so they don't turn south and get

This. We live in a world where people think that busy is the goal so they can brag about it on social media. Like wtf? Ok, you worked 10-12 hours for the last 3 weeks but what did you get done, besides taking a few Starbucks selfies with your laptop on Instagram? People forget about this point. It's not about how much work you do, but the results that you're able to achieve with it, not to confuse it with being lazy, but being effective and smart with your time.

It's like you can go to the gym for 3-4 hours(let's be real, if you're very productive at the gym, it shouldn't take you more than 45-60 minutes after warmup to get it done, and anyone who's got a great physique naturally knows this).

It is hard to believe, non of my developers friends believe it either, which is why it is a "important truth that very few people believe".

Automation is happening at rapid pace, there is tools now to help developers write code faster then ever before, tools that ingest all those logical decision and then further aggregate developers recommendations. Github copilot is a good start of what the near future will look like, but it does not end there, collection of mass data is the first step.

Also there will be devs jobs just a lot less, good thing because we can't train enough people to fill in those roles to begin with.

But, it does not have to be a bad thing, it means there will be a lot less grunt work and bigger problems to reach for, with less people.

I hope that makes sense 😀

*Just found the perfect picture describing the situation

 

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[ZCP]

@Fox is the finest dude on here

 

[B.Cotter]

Automation is happening at rapid pace

10+ years ago, nobody working in restaurants thought their jobs could be replaced by machines. Now we have automated PoS kiosks that eliminate cashiers... robots making pizza, flipping burgers, deep frying, stir-frying in woks, etc.

You can literally run a fast casual restaurant now with maybe 3 employees plus machines that before I'd probably have staffed with minimum 15 employees on a busy day/night, and do the same in sales. Better consistency, timing and cleanliness too.

 

[Itizn]

No one is really going to help you or give you direction. In fact, the odds are against you.

- Robert Greene

 

[Itizn]

One more: you have to be comfortable with the fact that manipulating people is key to getting everything you want in this world. So learn that skill and aim to master it.

 

[EternalStudent]

Aborting a child because they have Down’s syndrome is discrimination far worse than racism or sexism

 

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[Antifragile]

There is no global conspiracy going on.

 

[Antifragile]

Peter Thiel has a favourite job interview question that goes like:

“What important truth do very few people agree with you on?”



Now for the forum version...

"What's one thing you think or believe that most people on this forum would disagree with?"

This thread is a bad idea because it will put people against each other by creating “us vs them” in the open. And we aren’t civilized to have a civil conversation on things we don’t agree on.

 

[Raja]

If you're always extremely busy in your business, you're doing things wrong. No business is worth losing all of your time freedom.

I don't have a business yet but I would agree

 

[Deleted70138]

It's ok to be 2nd.

 

[Raja]

No one is really going to help you or give you direction. In fact, the odds are against you.

- Robert Greene

I would disagree for sure, only talking about forum itself whenever I ask a question sincerely people do respond no matter its PM or a thread

 

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[Raja]

Your brand name and product name matters.

Though one should not spend eternity to name it.

 

[Kak]

Your business doesn’t have to be an inTerNeT tEch bUsinESS to be fastlane, make millions, or billions.

It’s also not a belief. It is fact.

 

[OleksiyRybakov]

I believe that a business is not important to create controllable unlimited leverage and a job can achieve such unscription as well. I am a software developer and this is what I did to achieve this:

1. Two years ago, I was interested in removing duplicated code in a Typescript app and to fix bugs in an extreme way. This created a huge amount of new files and functions so no other developer was able to quickly understand what I was doing while I was able to adapt code more quickly. This satisfies the Commandment of Entry and Control since not everyone can now do your job easily.

2. I was also upset that I had to adapt code quite often so I decided to outsource the task of code development to software users. It is a bad idea when users are forced to talk to the devs every time when a new software version comes out. This satisfies the Commandment of Time. After that outsourcing I was able to reduce my workload by the factor of 8, providing me lots of free time to watch financial influencers that recommended me to read books like TMF.

3. The Commandment of Scale is the most challenging part. To solve that it might be a great idea to teach a skill you know well on social media. So far, I am at the beginning but I managed to get almost 2900 followers on TikTok and over 9k likes.

So if I was able to achieve all this and if I believe to know how to further grow in a job, why did I quit my job two months ago? The answer is in the Commandment of Need. First of all, I don't need a job where I don't learn and don't improve a lot. While I managed to grow a lot over the last two years, I think that there might be other opportunities where I could learn even more. Second, I don't think that the company where I am working at needs to hire a full-time external professional instead of an intern just to maintain the quality of the apps. I think that it is better to share my secrets to help more people to improve our world instead of keeping them inside an ivory tower.

In general, I think that by becoming such a worker where the company cannot fire you without having to pay a huge price, it is possible to generate controllable leverage in your job which you can further scale using e. g. social media. It is not as probable as with your own business but possible as well.

 

[Simon Angel]

I've got one truth to share that everyone seems to agree with but almost NOBODY follows:

"Time is the most valuable currency."

Many people here, as financially wealthy as they are, seem to have completely forgotten about this in their lust for more.

If you're working 16 hours a day on your 7-8 figure business, perpetually stacking money in the bank in an effort to satisfy your ego, you're not financially free. You're more enslaved than your friends who work in construction.

 

[Andy Black]

"What's one thing you think or believe that most people on this forum would disagree with?"

1) I believe in reducing prices not increasing them. I’d like to make my main product or service free and make money another way. (I’m a big fan of “Free” by Chris Anderson.)

2) I believe in intentionally growing a personal brand. I think a lot of forum members neglect their personal brand, and many even look down on those intentionally growing their personal brand.

3) I believe selling coaching and/or courses is NOT for those who can’t do. I believe “Those who can’t, teach” is BS trotted out by those who’ve never taught. I believe teaching a man to fish is an honourable endeavour (and damn hard).

4) I believe in still doing the work rather than outsourcing or delegating - **IF** it’s what you want to do. There’s business models nowadays that enable solo techies to build million dollars businesses (likely with the help of a few VAs and freelancers).

5) I believe there’s nothing wrong with putting ALL your free content on other people’s platforms (so long as you have a backup).


Super curious what @Lex DeVille would answer.

 

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[K1 Lambo]

I believe that a business is not important to create controllable unlimited leverage and a job can achieve such unscription as well. I am a software developer and this is what I did to achieve this:

1. Two years ago, I was interested in removing duplicated code in a Typescript app and to fix bugs in an extreme way. This created a huge amount of new files and functions so no other developer was able to quickly understand what I was doing while I was able to adapt code more quickly. This satisfies the Commandment of Entry and Control since not everyone can now do your job easily.

2. I was also upset that I had to adapt code quite often so I decided to outsource the task of code development to software users. It is a bad idea when users are forced to talk to the devs every time when a new software version comes out. This satisfies the Commandment of Time. After that outsourcing I was able to reduce my workload by the factor of 8, providing me lots of free time to watch financial influencers that recommended me to read books like TMF.

3. The Commandment of Scale is the most challenging part. To solve that it might be a great idea to teach a skill you know well on social media. So far, I am at the beginning but I managed to get almost 2900 followers on TikTok and over 9k likes.

So if I was able to achieve all this and if I believe to know how to further grow in a job, why did I quit my job two months ago? The answer is in the Commandment of Need. First of all, I don't need a job where I don't learn and don't improve a lot. While I managed to grow a lot over the last two years, I think that there might be other opportunities where I could learn even more. Second, I don't think that the company where I am working at needs to hire a full-time external professional instead of an intern just to maintain the quality of the apps. I think that it is better to share my secrets to help more people to improve our world instead of keeping them inside an ivory tower.

In general, I think that by becoming such a worker where the company cannot fire you without having to pay a huge price, it is possible to generate controllable leverage in your job which you can further scale using e. g. social media. It is not as probable as with your own business but possible as well.

People don't understand the concept of compounding knowledge. Even if you fail a lot in your first years, that information will serve you and put you ahead in front of your peers/competitors. That information is only for you.

 

[K1 Lambo]

It is hard to believe, non of my developers friends believe it either, which is why it is a "important truth that very few people believe".

Automation is happening at rapid pace, there is tools now to help developers write code faster then ever before, tools that ingest all those logical decision and then further aggregate developers recommendations. Github copilot is a good start of what the near future will look like, but it does not end there, collection of mass data is the first step.

Also there will be devs jobs just a lot less, good thing because we can't train enough people to fill in those roles to begin with.

But, it does not have to be a bad thing, it means there will be a lot less grunt work and bigger problems to reach for, with less people.

I hope that makes sense 😀

*Just found the perfect picture describing the situation

View attachment 40541

Sure, certain parts of programming will be automated by algorithms and machine learning. Like the very basic parts(or the ground work). You can see that with Wordpress.

Back in the day, people had to code websites from scratch but now they've got automation in place(HTML and CSS aren't programming languages in themselves, but they do have automation in Wordpress you can say because a stranger with no prior experience can create himself a really good website because of systematized automation with HTML, CSS and PHP(with SQL for databases on the backend).

Like in your example with promises, basic text will most likely have some automation(it will save a lot of time doing the boring stuff), junior and senior developers copy text all the time. This is basic work though, machine learning is something different. Someone will need to program automated washers from scratch, and when there's a bug, keep updating their code because A.I.'s level of intelligence is not going to be higher than the person creating it. So when a more experienced programmer comes in, he'll update the code and make it even better. It's like a while loop.

 

[Mathuin]

I prefer wearing a suit than dressing casually.

 

[Mattie]

People don't understand the concept of compounding knowledge. Even if you fail a lot in your first years, that information will serve you and put you ahead in front of your peers/competitors. That information is only for you.

I agree with this. It does make it easier to navigate through different situations.