I love reading books, watching YouTube videos, listening to podcasts, you name it. Anything learning related is my jam. But I recently realized that if I don’t take notes on what I’m learning, I will probably forget everything. Now when I hear something interesting, I write it down in an Apple note for that month. Below are some of the learnings I jotted down in December, summarized by ChatGPT. I hope you find them as interesting as I did.
1. Business & Entrepreneurship
Passive Income & Productized Services
- Best passive income model: Offer a service that helps companies make more money.
- Ideally, “productize” your service so it’s standardized, repeatable, and less reliant on your day-to-day involvement.
Starting a Company From Scratch
- Validate demand first: Ask people if they want what you’re selling; presell if possible.
- Find a repeatable way to get customers (test channels early).
- Build only after talking to potential customers; keep it simple until proven.
- Know if you’re building to sell or building to run:
- LLC if you want to pay yourself along the way.
- C Corp if you want to sell eventually (consider QSBS after five years).
- LLC if you want to pay yourself along the way.
Monetization & Branding
- Even in a commodity space, branding can create a unique edge (e.g., Liquid Death water).
- “Startups fail, founders don’t”: Persistence leads to eventual success if you keep learning.
Key Mindsets
- “The fundamental algorithm of life is to repeat what works.”
- Pair your primary metric with a “check” metric (e.g., revenue + profit margin) to avoid over-optimizing in one direction.
2. Management & Leadership
Types of Delegation
- Tell them what to do.
- Allow them to make decisions.
- Aim for #2, but you might start with #1 until trust and competence are established.
Avoid “Monkeys on Your Back”
- When employees bring a problem, coach them to leave with their own solution.
- Ask guiding questions (“Are you sure we need to do anything right now?”) instead of providing answers.
One Metric Management (Peter Thiel’s Approach)
- Assign each employee exactly one main metric or goal.
- That’s all you focus on in 1:1s.
- They own the outputs and figure out the inputs themselves.
Firing & Role Clarification
- The moment you think “this might be a firing situation,” have a clarifying conversation about expectations.
- Firing ultimately benefits both parties if the role isn’t a fit.
Hiring Strategy for New Business
- First hire: Virtual assistant to free up time (low-risk, low-cost).
- Second hire: Sales/marketing to boost cash flow, then operations.
- Hiring internationally can be a “no-brainer” for cost savings (e.g., via Shepherd).
Who, Not How
- When a problem arises, ask “Who can solve this for me?” instead of “How will I solve it?”
- This mindset shift helps you move from owning a ‘job’ to owning a ‘business.’
3. Productivity & Personal Growth
Daily “Vitamins” for Health
- Walks/Nature
- 45 minutes of exercise
- Reading, YouTube (educational), Writing, Building
- 1:1 time with family/friends
- 150 grams of protein
Preventing Burnout
- Ask: “Is this important? Will it make a difference?” Only focus on the important.
- Our state determines our story—manage your energy and emotions.
Habits & Dopamine
- Dopamine gained without effort (e.g., instant gratification) can be dangerous.
- Good results today come from consistent, small choices made previously.
Time Freedom Over Money
- Many people chase money for freedom but ironically lose freedom by obsessing over it.
- Consider designing a life you enjoy now, rather than waiting for a financial milestone.
4. Health & Longevity
Key Factors
- Excess fat (adipose tissue) has the largest negative impact.
- Maintain a healthy weight and an 80–90% healthy diet for most of the benefits.
Other Longevity Insights
- Developing countries often have lower life spans due to poor indoor air quality.
- As you age, vacations should be longer because your body needs more time to relax.
- Creativity correlates with longevity.
Environmental & Lifestyle Factors
- Blue light and flickering LEDs can contribute to stress or weight gain.
- Posture affects how much you believe your own thoughts—mind your physical stance.
5. Mindset & Philosophy
3Q Filters Test (Jon Acuff)
- Is it true?
- Is it helpful?
- Is it kind?
If your thoughts are not one of these, discard it immediately.
Socratic Method & Curiosity
- Instead of disagreeing, ask questions to uncover someone’s reasoning.
- Serve as a “midwife” to help them birth new ideas rather than forcing your own.
Quotes & Wisdom
- “Content is about emotion, not information.” —Shaan Puri
- “Slow is smooth, smooth is fast.”
- “No one is wrong on purpose.” —Socrates
- “Make a sense of humor your default emotion.” —Matthew McConaughey
- “If you want to win, only run races where winning is up to you.” —Epictetus
Identity Diversification
- Don’t let your job (or parenthood) be your sole identity.
- Spread your sense of self across multiple areas for resilience.
Live Verb-Focused, Not Noun-Focused
- Focus on what you do, not the title you hold.
- Prioritize experiences and meaningful actions over static labels.
7. Planning & Year-End Reflection
Close Out the Year
- Clear old emails, clothes, subscriptions; do a full evaluation.
- Implement a consistent “planning system” to incorporate mini-adventures regularly.
Adding One New Winning Habit per Quarter
- Incremental habit-building: small, sustainable changes that compound over time.
Misogi (Year-Defining Challenge)
- Each year, take on one big challenge or adventure.
- Meanwhile, schedule smaller weekly “mini-adventures” to stay engaged and curious.
Common Threads
- Empowerment Through Delegation & Systems
- From “One Metric Management” to “Who Not How,” there’s a recurring emphasis on freeing yourself from minutiae so you can focus on strategic, high-impact work.
- Validation & Focus in Business
- Your notes repeatedly stress testing ideas early (e.g., presales), focusing on the one crucial metric or channel, and doubling down on what works.
- Healthy Mind & Body for Sustainable Success
- Longevity strategies, stress management, and daily rituals (walks, exercise, reading) show a consistent theme of taking care of yourself to thrive over the long term.
- Mindset Shifts & Philosophical Anchors
- Using the 3Q filter, the Socratic method, and quotes that highlight freedom, creativity, and identity diversification. Emphasizing how perspective, curiosity, and humor make life richer.
- Importance of Connection & Relationships
- Whether it’s rotating leadership roles, maintaining close friendships, or supporting employees appropriately, relationships and the way you interact with people matter.
- Continuous Reinvention & Reflection
- The idea of year-end reviews, building new habits quarterly, and tackling “misogi”-level goals underscores the desire for ongoing personal evolution and adaptability.