Frameworks v0.1
When looking for your Personal Monopoly, follow @jackbutcher's DICE framework. 1) Divergence: Collect experiences and discover ideas. 2) Convergence: String together what you learn to make yourself unique. 3) Emergence: Boost reach by doubling down on your Personal Monopoly.
A basic primer on the Indian Paint sector With the listing of Indigo paints, JSW entering the paint sector & now Grasim announcing to invest 5,000 cr in the sector, lets explore, -Products -Industry -Company Do hit the ‘re-tweet’ and help us educate more investors (1/n)
One of my favorite theories: We solidify friendships by wasting time with people. (h/t @KevinSimler)
🚀 There are multiple ways to grow on Twitter, but my favorite way to do that is the @arvidkahl way. 👑 Being an engagement king has its pros and cons. 🧠 Here is a mind-map of how he does it.
Many engineering leaders feel they should be measuring *something*, but it doesn't make sense to measure *anything* unless you know *why* you are measuring. This is the question to start with, "What do you care most about?"
Most elite Indians (primarily savarna white collar urban english medium educated folks like me) land on Western shores convinced that we are just as advanced and developed as these countries as a people. It's just "corruption" in India holding us back. Then reality hits. /1
A conversation that keeps coming up with my team—how you define the three types of reasoning in Advocacy? • Deductive reasoning • Inductive reasoning • Abductive reasoning Each is used to learn about an audience, but it often confuses stakeholders when presenting findings.
Deductive reasoning is the formation of a conclusion based on generally accepted statements. Inductive reasoning is the formation of a generalization based on what is known or observed. Abductive reasoning is the formation of a conclusion from the information that is known.
How did you decide on prices?
The career path of a creator has three stages: 1) Discovery: Hone your craft and find the idea you want to be known for. 2) Income: Ditch the corporate world and become financially independent. 3) Equity: Get ownership in a business that’ll grow without your daily involvement.
More of my favorite nuggets of wisdom from the writing of @deewhock (the founder of Visa) Consider reading slowly & re-reading later 1/20👇🏾
How to Build a Personal Monopoly Free workshop w/ @david_perell and I next week. Sign up. ↓
Standup comic Munawar Faruqi is in jail for a joke he didn’t crack but could have. A journalist can be in jail today for an article he didn’t write but could have. A singer can be jailed for a song of azaadi she didn’t sing but could have. The assault on our thoughts has begun.
@shl Business idea: a less-good, free version of the most expensive thing you pay for.
@paulmarkbailey @leejdavies Strong brands = price premiums, that’s the most important thing they deliver: price, inelasticity of demand. Increasing pricing by just 1% can lift profitability by 10%. Increasing sales volume by 1%, on the other hand, delivers only a 3% lift in profitability. — @faris
Let me first point out how Silicon Valley loooves this narrative. They use the same argument to justify the existence of billionaires. If someone can amass that wealth and then use that money for good, then it also must be on balance good for the world.
I *strongly* disagree with this line of logic. Concentrating resources away from the marginalized in society to the richest in society so that the rich can then decide who to bestow those resources to doesn't make the world a more equitable place.
0/ @AliAbdaal pulled in $1,000,000+ in 2020 If you're like me, you're probably thinking... How do I do that?! In this thread, you will learn what Ali would do if he had to start over with... - ZERO content - ZERO subscribers - ZERO income 🧵
You probably aren't doing a Standup. You are probably doing a status update reporting meeting. They aren't the same, and only one of the two is useful.
Question to reflect on this morning: Where can I invest $100 today to improve my life?
From left to right: K8N cluster, Docker container, node_modules, your code
Y'all have no idea how chaotic 2020 was for US universities (and continues to be). I haven't been to my office in 10 months. 😭😭 In that context, everything Nidhi describes in her post tracks perfectly. I was on the inside of some hiring processes last year. That's how they went
Dunning-Kruger Effect 101 In a year when the markets have minted many new self-proclaimed geniuses, it is worth remembering the Dunning-Kruger Effect. But what is the Dunning-Kruger Effect and how does it work? Here's Dunning-Kruger Effect 101! 👇👇👇
My ValuePickr (VP) thread - VP Quant thread - Blog - Advisory Subscription Plans - ET profile - ET Market Moghuls Articles -
The simple fact is... I have no control. But I trust the honesty of my customers. Instead of fixating on a ton of "what ifs", I am working hard to create new products, and bring together new content for the next update.
McKinsey content is so good. Here's another example.
How I run my business 2020 was my 10th year as an entrepreneur. Here are some "rules" I try to follow after a decade of stumbling around building my company. (Not rules for all businesses. Just how I choose to run mine.) A thread 👇👇👇
3/ Like a portfolio of investments to handle risk, build a portfolio of careers. Develop skills for a multi career path.
0/ Repetition is everything. Consistency compounds. We've all heard it. Doing small things add up. In this thread, you'll learn how to stay consistent👇 h/t @businessbarista
📚 These are the books I keep going to whenever I feel I should get better at writing. What are your favorite books? Please do share.
Adermatoglyphia: Every time a techie makes an assumption about the world, nature comes back wagging a finger.
@nikhiljoisr @gokulns Everything else you own - stocks, bonds, FDs, cash - is notional. Their value can reduce sharply or disappear for a variety of reasons - wars, revolutions, pandemics(!), recessions, scams. These are not even low-probability events: there's been hyperinflation in my own lifetime.
@akm1410 Hey Ashish, we write a daily newsletter with a candid voice for the GenZ and young millennial audience. Readers love it. Check us out
Any good Indian substack writers that you’d recommend?
@nikhiljoisr @gokulns So buying real estate is a *defensive* asset - buy it to protect your wealth, not to grow it. For this reason, I think everyone should buy a house, but only when they can afford one outright. It makes zero sense to get into substantial debt to buy one.
Looking to develop a skill? Not sure where to start? Try developing these Selling Coding Writing Listening Speaking Note-taking Storytelling They are timeless and have unlimited leverage
@NickMilo If you grow and test your structures, yes, you can use them to have more freedom to create. If structures are imposed on you, you might not be as lucky
What is the best article you read online this year? (No politics)
There are three kinds of foundational knowledge: math, physics, and philosophy. Math teaches you the language of reality, physics teaches you about material reality, and philosophy teaches you about immaterial reality.
An innovation in Japan which I think will arrive everywhere: double-blinded shipping, where neither the sender nor receiver know each other's address. This was negotiated by a large marketplace (Mercari), which didn't want to have to walk so many users over the privacy hump.
“I do have a Ph.D.,” he responded. “I’ve been poor, hungry and determined.”
I know it sounds crazy but in the last year since I started actively using Twitter, it’s changed my life. So, as we get closer to the end of 2020, here’s how I’ve used it and why it’s my favorite social network:
3/ We took a page out of @gregisenberg's unbundling Reddit playbook, after hearing @ShaanVP and @theSamParr talk about it on @myfirstmilpod We brainstormed a list of ideas, prioritized them, and built an MVP in #nocode. (h/t @bubble @estraschnov)
@simplybastow Don't design products; design user value.
Golden rule for seeking advice, have an opinion and then be ready to challenge your opinion!
@lukecannon727 I have a fun workflow. I tweet about six areas - health, wealth, growth, productivity, relationships, writing. I apply six principles - leverage, efficiency, consistency, momentum, ownership, polarity. I use a random number generator to make combos. Then I write!
A @threadapalooza on visual metaphors, my 5 top rules for visualising concepts and being prolific. Let’s do a 100-tweet thread on how to make visuals that get noticed and get shared.
Falling with grace and style.
