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Nine Mental Models on Creating, Selling, Working, and Growing [THREAD]
Inspired by the masterclass conversation between @APompliano and @ShaanVP on the @PompPodcast.
Don't miss these
Inspired by the masterclass conversation between @APompliano and @ShaanVP on the @PompPodcast.
Don't miss these
1/ HOW TO COMPARE OPPORTUNITIES
• Look for opportunities that pack 20 years of learning into four years of work.
• As @tferriss says, choose the projects where even if you fail, you learn a skill and meet new people
• For @ShaanVP, this meant joining an idea lab.
• Look for opportunities that pack 20 years of learning into four years of work.
• As @tferriss says, choose the projects where even if you fail, you learn a skill and meet new people
• For @ShaanVP, this meant joining an idea lab.
2/ GETTING SOLD VERSUS BEING BOUGHT
• Only 1% of companies are bought. The rest are sold.
• For example, Instagram was bought. Everyone wanted a piece.
• News flash: Your startup is not Instagram.
• Being sold requires a different strategy (see next tweet)
• Only 1% of companies are bought. The rest are sold.
• For example, Instagram was bought. Everyone wanted a piece.
• News flash: Your startup is not Instagram.
• Being sold requires a different strategy (see next tweet)
3/ HOW TO SELL A COMPANY
• Find the problem companies are facing.
• Pitch your product as a solution to that problem.
• Have a three-sentence story of why they should buy you.
• Make it a one-click buy. Clean up your cap table, etc.
• Have a deal doula to open doors.
• Find the problem companies are facing.
• Pitch your product as a solution to that problem.
• Have a three-sentence story of why they should buy you.
• Make it a one-click buy. Clean up your cap table, etc.
• Have a deal doula to open doors.
4/ REAL ESTATE: FULL OF RICH DUMB PEOPLE
• Real estate has a very high percentage of rich dumb people.
• The competition in this area is easier, gains are more broad-based, and there's never-ending demand.
• You can get rich in this area without being a genius.
• Real estate has a very high percentage of rich dumb people.
• The competition in this area is easier, gains are more broad-based, and there's never-ending demand.
• You can get rich in this area without being a genius.
5/ PROJECT SELECTION > WORKING HARD
• In poker, table selection is crucial.
• An above-average player will get crushed at an expert table.
• When choosing a project, be mindful of the expert tables.
• If your goal is to get wet, head to a waterfall, not a dessert.
• In poker, table selection is crucial.
• An above-average player will get crushed at an expert table.
• When choosing a project, be mindful of the expert tables.
• If your goal is to get wet, head to a waterfall, not a dessert.
6/ WORK LIKE A LION, NOT A COW
• Most people work like cows, not lions.
• Cows graze on grass for 10 hours/day.
• Lions patiently observe, spot their target, then relentlessly sprint to catch it. Then, they rest again.
• Work in extremes. Be fully on or fully off.
• Most people work like cows, not lions.
• Cows graze on grass for 10 hours/day.
• Lions patiently observe, spot their target, then relentlessly sprint to catch it. Then, they rest again.
• Work in extremes. Be fully on or fully off.
7/ DON'T BE A DABBLER, BE A MASTER
• Dabblers start new projects with enthusiasm but switch when improvement plateaus.
• Stressful achievers grind through plateaus but are always stressed out.
• Masters greet plateaus like an old friend, listen to them, and learn from them.
• Dabblers start new projects with enthusiasm but switch when improvement plateaus.
• Stressful achievers grind through plateaus but are always stressed out.
• Masters greet plateaus like an old friend, listen to them, and learn from them.
8/ THE FUTURE OF MALLS
• @APompliano's view on the future of malls: turn them into villages.
• Your department stores are book-end apartments.
• The insides become an urban recreational center.
• You can recreate the urban experience of Manhattan in rural areas everywhere.
• @APompliano's view on the future of malls: turn them into villages.
• Your department stores are book-end apartments.
• The insides become an urban recreational center.
• You can recreate the urban experience of Manhattan in rural areas everywhere.
9/ THE SMARTEST THING YOU CAN DO
• The smartest thing you can do is realize you're not that smart.
• The problem @ShaanVP has with hosting a podcast is he is giving too many answers.
• A good indicator for getting smarter: seek more answers than you give.
• The smartest thing you can do is realize you're not that smart.
• The problem @ShaanVP has with hosting a podcast is he is giving too many answers.
• A good indicator for getting smarter: seek more answers than you give.
This episode was truly a masterclass in building, selling, working, and growing.
Listen to the full conversation with @ShaanVP and @APompliano here https://open.spotify.com/episode/2sCoge7N42ztRJg7b0D9su?si=1Q0xEndQSsmArheFNeq30Q&context=spotify%3Ashow%3A2QwpFjzJ0ZteqmMqw2xIfA
Listen to the full conversation with @ShaanVP and @APompliano here
https://open.spotify.com/episode/2sCoge7N42ztRJg7b0D9su?si=1Q0xEndQSsmArheFNeq30Q&context=spotify%3Ashow%3A2QwpFjzJ0ZteqmMqw2xIfA
Also, be sure to check out @ShaanVP's podcast My First Million - one of my favorites was the recent one with @awilkinson https://open.spotify.com/episode/0sBYRRnspcxRwJ41DjMeKO?si=H-wZhVezQ2eJvosNnE8JdQ
https://open.spotify.com/episode/0sBYRRnspcxRwJ41DjMeKO?si=H-wZhVezQ2eJvosNnE8JdQ
If you enjoyed this thread, I curated and tagged a list of 74 other episodes like this into one Notion table.
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140 hours of podcast curation. 100% free. Pick it up here. https://gum.co/dickies-digest-favorite-podcasts
