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I think worldly success actually hurts. Ignore people playing status games. They gain status by attacking people playing wealth creation games. In an older society with few resources and mechanical work, the scheduled life is the most productive. In a modern society with permissionless leverage and creative work, the unscheduled life is the most productive. Meetings should really be phone calls, phone call should be emails, and phone calls should just be texts.
Be present. Be meditative. Form real friendships. Stay away from business networking events or friendships where there is always an underlying business angle. Surround yourself with the best people possible. Forty hour workweeks are a relic of the Industrial Age. Knowledge workers function like athletes — train and sprint, then rest and reassess. Generally, most people will make the mistake of paying too much attention to the competition and being too much like the competition and not being authentic enough.
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A small band of deeply committed believers will spread a story better than a horde of the lightly committed. True for religion, reputation, brand, currency, politics.
1. It’s More Important to Be Happy Than to Be Rich - Your Money: The Missing Manual [Book]
So by definition, I like to do something different every day. I think all humans are sort of meant to do that kind of thing. Any meeting with eight people sitting around at a conference table, nothing is getting done in that meeting.
You are literally just dying one hour at a time. Unnecessary meetings and most are are a mutually-assured-destruction of time. Learning how to avoid them is a prerequisite of doing anything great. Networking is overrated. Become first and foremost a person of value and the network will be available whenever you need it.
Make the time. My number one predictor of whether or not a company will find product-market fit: High shipping cadence. Leverage is critical. The modern age is an age of leverage. We are now living in an age of nearly infinite leverage, and all the great fortunes are created through leverage.
Your first job is to go and obtain leverage, and you can obtain leverage through permission by getting people to work for you, or by raising capital. Or you can get leverage permissionlessly by learning how to code or becoming good communicator and podcasting, broadcasting, creating videos, writing, etc.
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With a leveraged worker, the choice of how they make the decision is far more important, their judgment is far more important than how much time they put in or how hard they worked. But 10 engineers working 10 times as hard, just because they choose the wrong model or the wrong product, or wrote it the wrong way or put in the wrong viral loop or what have you, they basically wasted their time. The maximum leverage would mean that you would have people working for you.
It would mean you would have a funding, you would have capital. Code and media are permissionless leverage. You can create software and media that works for you while you sleep. Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.
Media travels and earns while you sleep. It searches the world for opportunities for you. Code is even better.
Get Happy at Work
On the Internet, a single individual can accomplish anything. The modern world is a gift. It gives us tools and choices, but we need the self-discipline and wisdom to choose wisely. If you pay attention to that stuff, even if you have a sound mind and body, it will eventually drive you insane. I think long-term, Bitcoin is a currency of the Internet. Web browsers will use it. Web servers will use it.
Creativity is the last frontier. Automation over a long enough period of time will replace every non-creative job. That means that all of our basic needs are taken of, and what remains for us is to be creative, which is really what every human wants. Perhaps this time is different, automation will permanently destroy jobs, and humanity is incapable of relearning and doing creative work.
Technology is the application of knowledge to control the natural world. Social media has degenerated into a deafening cacophony of groups signaling and repeating their shared myths. Ubiquitous streaming cameras with remote storage will eventually end almost all physical criminal activities. The pace of technological change is accelerating so much that I think we do have the reach for all humans to live a life of abundance in our grasp.
Giving your kids everything prevents them from finding themselves. Go learn something that you want to learn. On learning anything happiness, losing weight, etc. You prioritize it above everything else. You read everything on the topic.
Knowledge is a skyscraper. You can take a shortcut with a fragile foundation of memorization, or build slowly upon a steel frame of understanding. The overeducated are worse off than the undereducated, for they traded common sense for the illusion of knowledge. I think learning should be about learning the basics in all the fields and learning them really well over and over. If the primary purpose of school was education, the Internet should obsolete it.
But school is mainly about credentialing. Identify your strengths and apply them to what you care about.
Happy ever after: 25 ways to live well into old age
Iterate at the edge of knowledge. Building it will feel like play to you, but look like work to others. Keeping your intellectual curiosity alive is really important. See also: how to learn faster. I think every child has the love of learning.
Children are learning machines. Or because society somehow fails them. Knowing something about everything allows you to navigate life.