Here are the four best things I read, listened to, or learned in the past week.
1) Entrepreneur Education
In one sentence: Playing the comparison game with other successful entrepreneurs is REALLY difficult, @justinkan shares some tactics to stay away from that game and focus on yourself and your business.
My biggest takeaway: Most of the stuff we see about our peers, people in our industry, and people we respect is the highlight reel. Industry lists and awards, big closed deals, and snapshots of the great stuff on social media are all just the highlights. Keep working, believe in yourself, and get to your own unique success.
2) Lessons for Living
In one sentence: @businessbarista discusses his own perspective on perfectionism and it’s limitations.
My biggest takeaway: Most of the time the 90% solution is all you will ever need but doing something less than “our best” can be very difficult. Having true priorities and understanding time tradeoffs is key. This quick episode with Alex is great to explore your own perfectionism and how it is or isn’t working for you.
3) Things I’m still learning about
In one sentence: Greenlight cards are a new tool to help kids build basic financial skills by with small amounts of their own money.
My biggest takeaway: Any time I see @AaronKlein and @Steph_Bogan talking about finances and their kids, I listen. As the parent of 5-year-olds I am right on the doorstep of needing these systems for my own kids and thinking about how to reward or incentivise behavior, whether to pair it with money, and how to help them build strong financial habits are all top of mind. Greenlights seems like an interesting approach where you can do all of those things and facilitate conversations to help your kids grow.
4) Crypto Corner
In one sentence: El Salvador became the first country to adopt Bitcoin as legal currency and require vendors to accept it for payment.
My biggest takeaway: In the same week that El Salvador adopts Bitcoin, Panama and Ukraine both introduced similar proposals. Countries with a history of currency instability will be the test labs for crypto mass adoption and usage. I expect the next 2-3 years to be fascinating to watch what works, what fails, and what gets built.
If you missed last week take a quick look back at 4 Big Things from September 3rd!
If you are an entrepreneur who wants to build your life around personal and finacial abundance grab my book from Amazon!
All opinions are my own. None of this is tax, investing, or legal advice – seek out good professionals for those things.