When Elon wanted to build electric cars, people said it was impossible due to expensive battery packs.
So Elon broke it down: What are batteries made of? Could he buy the raw materials cheaply and make his own batteries?
By reasoning from first principles, he found a way.
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So Elon broke it down: What are batteries made of? Could he buy the raw materials cheaply and make his own batteries?
By reasoning from first principles, he found a way.
Learn Startup
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I used to follow the crowd. I started multiple businesses that failed because I wasn't investing in the small details.
After my third failure, I discovered first principles thinking. It completely shifted my approach and led to my first $10M/year company.
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After my third failure, I discovered first principles thinking. It completely shifted my approach and led to my first $10M/year company.
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In the online education space, everyone was selling $2K-$3K cookie-cutter programs.
The market was saturated and uninspired. So I questioned my assumptions:
What did I, as a consumer, really want? What would the ultimate premium trading education look like?
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The market was saturated and uninspired. So I questioned my assumptions:
What did I, as a consumer, really want? What would the ultimate premium trading education look like?
Learn Startup
First principles thinking can be applied to any field. It's about questioning assumptions and getting to the root of problems.
When you do this, you'll find opportunities that everyone else is missing.
You'll see the world with fresh eyes.
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When you do this, you'll find opportunities that everyone else is missing.
You'll see the world with fresh eyes.
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But this type of thinking has been trained out of us.
Since the industrial revolution, education has focused on conformity over creativity.
We've been conditioned to follow rules and not question authority—getting stuck in the pattern of doing things the old way.
Since the industrial revolution, education has focused on conformity over creativity.
We've been conditioned to follow rules and not question authority—getting stuck in the pattern of doing things the old way.
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To succeed in today's world, you must unlearn this conditioning.
You need to relearn how to think for yourself, question everything, and reason from first principles.
It's not easy, but it's the key to your next breakthrough.
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You need to relearn how to think for yourself, question everything, and reason from first principles.
It's not easy, but it's the key to your next breakthrough.
Learn Startup
You startup app doesn’t need:
- microservices
- sharding
- CAP theorem
You startup app needs:
- a clear landing page
- a good UX
- an obvious value prop!
- microservices
- sharding
- CAP theorem
You startup app needs:
- a clear landing page
- a good UX
- an obvious value prop!
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How to make a business plan?
Sometimes aspiring entrepreneurs visualize a business plan simply as a beautiful graph where profits are skyrocketing 📈
In reality, a business plan is much more complex and should answer four questions:
1. What product or service will you sell?
2. Who are your customers?
3. What will be the cost of starting the business and running it each month?
4. What will your revenue and profit be approximately?
The most important part is the financial calculations. They should be as detailed and realistic as possible. For example, not just "let's buy raw materials", but from which specific supplier, at what price, and with what logistics costs.
Sometimes aspiring entrepreneurs visualize a business plan simply as a beautiful graph where profits are skyrocketing 📈
In reality, a business plan is much more complex and should answer four questions:
1. What product or service will you sell?
2. Who are your customers?
3. What will be the cost of starting the business and running it each month?
4. What will your revenue and profit be approximately?
The most important part is the financial calculations. They should be as detailed and realistic as possible. For example, not just "let's buy raw materials", but from which specific supplier, at what price, and with what logistics costs.
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Start by questioning your own beliefs and assumptions.
What do you believe that may not be true?
What bottlenecks do you face that you've been told are impossible to overcome?
Make a list. Be brutally honest with yourself. Then start reasoning up from the fundamental truths.
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What do you believe that may not be true?
What bottlenecks do you face that you've been told are impossible to overcome?
Make a list. Be brutally honest with yourself. Then start reasoning up from the fundamental truths.
Learn Startup
This will be uncomfortable. You're rewiring your brain to think in a completely different way.
But with practice, it will become second nature. You'll start to see the world differently.
Opportunities will jump out at you. Solutions will appear where others see only roadblocks.
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But with practice, it will become second nature. You'll start to see the world differently.
Opportunities will jump out at you. Solutions will appear where others see only roadblocks.
Learn Startup
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The most successful people in the world - from Elon Musk to Jeff Bezos - are first principles thinkers.
They don't accept the status quo. They continuously question, innovate, and disrupt.
And that's why they achieve the extraordinary.
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They don't accept the status quo. They continuously question, innovate, and disrupt.
And that's why they achieve the extraordinary.
Learn Startup
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You have that same potential inside of you. But to unlock it, you need to break free from conventional thinking.
You need to embrace the power of first principles. You need to learn to see the world anew.
Master it, and you'll master your destiny.
Learn Startup
You need to embrace the power of first principles. You need to learn to see the world anew.
Master it, and you'll master your destiny.
Learn Startup
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Men are happiest when they are making money, owning businesses, buying massive land, having a home gym, and building a big family.
Men in your 20s and 30s, read this... 👇
Ideas mean nothing. Zero. Zilch.
Execution Is the only thing that matters.
It's not what you thought about doing, it's about what you did.
Men in your 20s and 30s, read this... 👇
Ideas mean nothing. Zero. Zilch.
Execution Is the only thing that matters.
It's not what you thought about doing, it's about what you did.
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How to build a great company without getting drained:
The secret to becoming a high-performing entrepreneur is spending 75-80% of your time doing things that energize you.
Avoid things that tear you down.
Here’s a simple exercise that I recently discovered that’s going to help you:
1. Green for Go, Red for No
Grab two highlighters and audit your calendar from the last week.
Highlight activities that give you energy in green, and energy drains in red.
Do this often to ensure that you’re staying on top of your calendar.
Audit ruthlessly for higher clarity.
2. Outsource Your Way to Genius
Identify your energy drains and eliminate them.
Outsource or delegate tasks that don't light you up.
Keep doing this Energy Audit monthly until 75%+ of your time is spent in your Zone of Genius.
High performers spend more time in the genius zone.
3. The 4 Zones of Performance:
• Incompetence - Things others do better
• Competence - Things you and others do equally well.
• Excellence - Things you excel at but don't love
• Genius - Things you're uniquely brilliant at AND love doing
Zone 4 is where the magic happens.
4. Don't Fear the Boring Work
Some people worry that if we all only do our Zone of Genius, no one will do the boring work that needs to be done.
This is a misconception.
There's someone out there who loves what you hate.
Dream big:
Work to never do what you don’t want to.
5. How to Find Your Zone of Genius
Note tasks, mark if they drain you, and determine if they can be automated, eliminated, or delegated.
The genius zone is the key to maximizing your work time.
6. Perform Daily Deep Work
Here’s the secret:
Build your personal brand to gain leverage – a better personal brand gives you access to higher-quality team members.
The personal brand is the secret sauce for more time in the Genius Zone.
7. Let the Magic Work
When you operate in your Zone of Genius, magic happens.
You'll achieve more in less time, with energy to spare.
Audit your tasks, eliminate energy drains, and spend your days doing what you're best at.
8. Hire a Chief of Staff
A skilled Chief of Staff will handle day-to-day operations and tasks that drain you, allowing you to focus on your Genius Zone.
Delegating effectively is key to unlocking genius-level work.
The Chief of Staff is the ultimate delegation upgrade.
The secret to becoming a high-performing entrepreneur is spending 75-80% of your time doing things that energize you.
Avoid things that tear you down.
Here’s a simple exercise that I recently discovered that’s going to help you:
1. Green for Go, Red for No
Grab two highlighters and audit your calendar from the last week.
Highlight activities that give you energy in green, and energy drains in red.
Do this often to ensure that you’re staying on top of your calendar.
Audit ruthlessly for higher clarity.
2. Outsource Your Way to Genius
Identify your energy drains and eliminate them.
Outsource or delegate tasks that don't light you up.
Keep doing this Energy Audit monthly until 75%+ of your time is spent in your Zone of Genius.
High performers spend more time in the genius zone.
3. The 4 Zones of Performance:
• Incompetence - Things others do better
• Competence - Things you and others do equally well.
• Excellence - Things you excel at but don't love
• Genius - Things you're uniquely brilliant at AND love doing
Zone 4 is where the magic happens.
4. Don't Fear the Boring Work
Some people worry that if we all only do our Zone of Genius, no one will do the boring work that needs to be done.
This is a misconception.
There's someone out there who loves what you hate.
Dream big:
Work to never do what you don’t want to.
5. How to Find Your Zone of Genius
Note tasks, mark if they drain you, and determine if they can be automated, eliminated, or delegated.
The genius zone is the key to maximizing your work time.
6. Perform Daily Deep Work
Here’s the secret:
Build your personal brand to gain leverage – a better personal brand gives you access to higher-quality team members.
The personal brand is the secret sauce for more time in the Genius Zone.
7. Let the Magic Work
When you operate in your Zone of Genius, magic happens.
You'll achieve more in less time, with energy to spare.
Audit your tasks, eliminate energy drains, and spend your days doing what you're best at.
8. Hire a Chief of Staff
A skilled Chief of Staff will handle day-to-day operations and tasks that drain you, allowing you to focus on your Genius Zone.
Delegating effectively is key to unlocking genius-level work.
The Chief of Staff is the ultimate delegation upgrade.
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Life tips to become an entrepreneur
1. Start Now
2. Take Risks
3. Learn constantly
4. Network diligently
5. Be authentic
6. Think big
7. Learn sales skill
8. Keep improving
9. Invest wisely
10. Seek feedback
11. Keep improving
12. NEVER GIVE UP!!!
1. Start Now
2. Take Risks
3. Learn constantly
4. Network diligently
5. Be authentic
6. Think big
7. Learn sales skill
8. Keep improving
9. Invest wisely
10. Seek feedback
11. Keep improving
12. NEVER GIVE UP!!!
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18 things I wish I knew at 18 👇🏼
1. Start your own online business.
2. Go to networking events to meet like-minded ambitious individuals. You will understand people much quicker.
3. Invest in a business mentorship, coach/therapist and your sports club membership.
4. Travel solo to get to know yourself better.
5. Do meditation after waking up and before bed.
6. Imagine your best version in 5 years and act like them NOW.
7. Master communication, emotional intelligence and self-awareness.
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1. Start your own online business.
2. Go to networking events to meet like-minded ambitious individuals. You will understand people much quicker.
3. Invest in a business mentorship, coach/therapist and your sports club membership.
4. Travel solo to get to know yourself better.
5. Do meditation after waking up and before bed.
6. Imagine your best version in 5 years and act like them NOW.
7. Master communication, emotional intelligence and self-awareness.
Learn Startup
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8. Date for marriage, not short-term fun, though take your time to build a relationship with yourself first.
9. Build your online presence for your clients, not friends.
10. Quit bad habits & make a healthy routine a part of your lifestyle.
11. Go to parties so that in your mid and late 20s you won’t have a FOMO.
12. Find what you are passionate about and pursue this instead of following the advice of your parents or society.
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9. Build your online presence for your clients, not friends.
10. Quit bad habits & make a healthy routine a part of your lifestyle.
11. Go to parties so that in your mid and late 20s you won’t have a FOMO.
12. Find what you are passionate about and pursue this instead of following the advice of your parents or society.
Learn Startup
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13. Stay true to your values that can be different of what the majority of society does.
14. Accept the reality will often not be aligned with your expectations.
15. Question things constantly. Social media is full of unhealthy pieces of advice.
16. Sweet words are nothing unless they are aligned with actions.
17. Journal your emotions, goals and your long-term vision regularly.
18. You will never be that young again. Have fun, but learn as much as you can along the way.
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14. Accept the reality will often not be aligned with your expectations.
15. Question things constantly. Social media is full of unhealthy pieces of advice.
16. Sweet words are nothing unless they are aligned with actions.
17. Journal your emotions, goals and your long-term vision regularly.
18. You will never be that young again. Have fun, but learn as much as you can along the way.
Learn Startup
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Business with friends
Have you ever thought about business with friends? It's not the easy query. I've heard that it's bad because you will not find solution and you will lose your friendship. Although it can be a real good synthesis. Over 70% of entrepreneurs believe that starting a business with friends enhances trust and compatibility, crucial for long-term success. The other point, that 82% of successful startups founded by friends attribute their success to shared goals and aligned vision. You should remember, that good business can break your relationships, over 50% of entrepreneurial ventures with friends report strained personal relationships due to business disagreements.
Do you think you can save the relationships, when your friend will instigate you every day in the job?🤜
Have you ever thought about business with friends? It's not the easy query. I've heard that it's bad because you will not find solution and you will lose your friendship. Although it can be a real good synthesis. Over 70% of entrepreneurs believe that starting a business with friends enhances trust and compatibility, crucial for long-term success. The other point, that 82% of successful startups founded by friends attribute their success to shared goals and aligned vision. You should remember, that good business can break your relationships, over 50% of entrepreneurial ventures with friends report strained personal relationships due to business disagreements.
Do you think you can save the relationships, when your friend will instigate you every day in the job?🤜
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If you have no connections, build them.
If you have no money, work, save, invest.
If you have no friend, be a better person.
If you have no talent, practice more.
If you have no idea, walk more.
If you have no confidence, commit more.
If you have no clarity, write more.
If you have no money, work, save, invest.
If you have no friend, be a better person.
If you have no talent, practice more.
If you have no idea, walk more.
If you have no confidence, commit more.
If you have no clarity, write more.
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The 10% Entrepreneur
Here are ten lessons from the book:
1. Diversify Your Career: By dedicating 10% of your time to entrepreneurial activities, you can diversify your career and create new income streams without the risk of leaving your day job.
2. Leverage Your Skills and Resources: Use the skills, networks, and resources you’ve gained from your current job to support your entrepreneurial ventures. This can give you a significant advantage.
3. Start Small: You don’t need to go all-in immediately. Starting small allows you to test your ideas, learn from failures, and build gradually.
4. Manage Risk: Balancing a full-time job with entrepreneurial activities helps manage financial risk. This approach provides stability while you explore new opportunities.
5. Build a Strong Network: Cultivate relationships with other entrepreneurs, mentors, and professionals. A strong network can provide support, advice, and potential partnerships.
6. Learn Continuously: Stay curious and keep learning. The entrepreneurial world is constantly evolving, and staying informed can help you adapt and innovate.
7. Time Management: Efficiently managing your time is crucial when juggling a job and entrepreneurial projects. Prioritize tasks, set clear goals, and avoid burnout by maintaining a healthy work-life balance.
8. Experiment and Iterate: Don’t be afraid to experiment with different ideas and approaches. Use feedback and data to iterate and improve your projects over time.
9. Be Patient and Persistent: Success doesn’t happen overnight. Be patient with the process and stay persistent in pursuing your entrepreneurial goals, even when faced with setbacks.
10. Focus on Passion Projects: Choose entrepreneurial ventures that you are passionate about. Passion drives motivation and can sustain you through challenges and obstacles.
Here are ten lessons from the book:
1. Diversify Your Career: By dedicating 10% of your time to entrepreneurial activities, you can diversify your career and create new income streams without the risk of leaving your day job.
2. Leverage Your Skills and Resources: Use the skills, networks, and resources you’ve gained from your current job to support your entrepreneurial ventures. This can give you a significant advantage.
3. Start Small: You don’t need to go all-in immediately. Starting small allows you to test your ideas, learn from failures, and build gradually.
4. Manage Risk: Balancing a full-time job with entrepreneurial activities helps manage financial risk. This approach provides stability while you explore new opportunities.
5. Build a Strong Network: Cultivate relationships with other entrepreneurs, mentors, and professionals. A strong network can provide support, advice, and potential partnerships.
6. Learn Continuously: Stay curious and keep learning. The entrepreneurial world is constantly evolving, and staying informed can help you adapt and innovate.
7. Time Management: Efficiently managing your time is crucial when juggling a job and entrepreneurial projects. Prioritize tasks, set clear goals, and avoid burnout by maintaining a healthy work-life balance.
8. Experiment and Iterate: Don’t be afraid to experiment with different ideas and approaches. Use feedback and data to iterate and improve your projects over time.
9. Be Patient and Persistent: Success doesn’t happen overnight. Be patient with the process and stay persistent in pursuing your entrepreneurial goals, even when faced with setbacks.
10. Focus on Passion Projects: Choose entrepreneurial ventures that you are passionate about. Passion drives motivation and can sustain you through challenges and obstacles.
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