📌 A Guide to the Good Life by William Braxton Irvine

What is a good life according to Stoicism? Having a good life is not about making a good living or having a high-paying job since one could hate the job or have conflicting thoughts about its moral. A person must be virtuous in order to have a good life. A person’s virtue depends on their excellence as a human being, how well one performs the function for which humans were designed....

April 26, 2020 · 7 min

Betting on Things That Never Change by Morgan Housel

Jeff Bezos once said: I very frequently get the question: “What’s going to change in the next 10 years?” That’s a very interesting question. I almost never get the question: “What’s not going to change in the next 10 years?” And I submit to you that that second question is actually the more important of the two. You can build a business strategy around the things that are stable in time....

August 18, 2021 · 1 min

Billionaires Build by Paul Graham

What do users want? What new things could you build for them? Founders who’ve become billionaires are always eager to talk about that topic. That’s how they became billionaires. In a market economy, it’s hard to make something people want that they don’t already have. If people knew about this need and were able to satisfy it, there would be no room for startup. That said, it has to be either a new and uncertain need or a new way to satisfy one....

July 21, 2021 · 2 min

Frequency and Intensity Analysis by Michael Seibel

The thing that kills most startup is losing motivation to work on your startup. It can come from multiple sources such as your founders relationship doesn’t survive, you work on a problem you don’t really care about. The first thing to think about when choosing a problem is to hack your personal motivation. How can you pick up a set of problems or users that not only you’re fighting for today but when you’re really tired, frustrating, low on cash 10 years from now?...

July 20, 2021 · 3 min

How to Get Startup Ideas by Jared Friedman

Avoid these most common mistakes Don’t believe that you need an amazing idea to get started. It’s really easy to look at current successful companies today like Google and Facebook and think that they had such brilliant ideas when they started. The fact was, they were the 20th search engine and social media back then. They were only good initial ideas. Don’t work on the first idea that comes to mind without carefully deciding if it’s actually a good one....

March 13, 2021 · 4 min

How To Make Wealth by Naval Ravikant

Seek wealth, not money Wealth is assets that earn while you sleep: robots cranking out things, computer program serving customers, money that is reinvested into other assets and businesses. The purpose of wealth is freedom. You don’t have to do anything you don’t want anymore. You can get up or sleep whenever you want, live anywhere you want, pursue anything you want. Money is how we transfer wealth, not wealth itself....

January 17, 2021 · 22 min

The Psychology of Money by Morgan Housel

We make decisions based on our unique experiences that make sense to us in a given moment. We all come from different generations, backgrounds and have our own unique experience with how the world works. What seems crazy to other people might make sense to you. For example: Stocks: If you were born in 1970, the S&P 500 increased almost 10-fold during your 20s. However, if you were born in 1950, the market had only about 0-2x returns in your 20s....

January 17, 2021 · 18 min

How To Make Wealth by Paul Graham

Startup is a way to compress your whole working life into a few years Imagine the stress of working as a software engineer for your whole life, and saving every penny of your salary, and retiring with a million dollars. In a startup, instead of working at a low intensity for 40 years, you compress all this stress, work as hard as you possibly can for 4 years. At the end of the day, to make a million dollars, you have to endure a million dollars' worth of pain....

December 28, 2020 · 6 min