Synth: Week of 10.12.20
- Mission — What are you trying to change in the world
- Members — Who are you writing for? What do they need?
- Medium — What is the ideal platform?
- Metrics — Not everything that counts can be counted.
- Messaging — The way you talk about your community is never neutral, so choose your messaging wisely, and experiment.
on Profit-Sharing at Startups (from Dru at Trends.vc):
Research — Phantom Stock:
- Phantom Stock Plan (Investopedia)
- What is Phantom Stock, The Balance
- Phantom Stock: Everything You Need to Know, UpCounsel
On Why People make Mistakes:
- Inattention, distraction, lack of interest, poor preparation, genuine stupidity, timidity, braggadocio, emotional imbalance, ideological, racial, social or chauvinistic prejudices, and aggressive or prevaricatory instincts.
on Systems Mindset:
- when faced with any kind of recurring task or process, there is usually some way to set up a system to handle it for you.
- The systems mindset is simply looking for these opportunities in your life to temporarily over-invest in a problem in order to free up more long term resources.
- Master vs Stressor vs Dabbler by Tony Robbins.
- Outseta’s SaaS Operating Agreement
- The Ultimate Guide to Productivity Methods, Pocket
- Common Causes of Very Bad Decisions, Morgan Housel
- The Psychology of Human Misjudgment, Charlie Munger
- The Mike Speiser Incubation Playbook, Kevin Kwok
- Getting Your First 1,000 Subscribers, Compound Writing
- The 5-Part Framework for Building your Brand Community, Ethan Brooks (Trends)
- The Mental Model Behind Every High Performer I Know, Nat Eliason
- What is your Productivity Style, Kate Rockwood
- Productivity Tips for People Who Hate Productivity Tips, HBR
- “code isn’t scarce; it’s the making part that’s scarce. Code is simply a byproduct; the makers and maintainers are what’s valuable.” — Alex Danco
- “Impatience with action, Patience with results.” — Shaan at All Access Fund
- “To improve our ability to look at unintended consequences we should consider the system rather than just the perceived outcomes.” — Paul Orlando
- “A strong community is one of the only remaining moats.” — Ethan Brooks
- “The only kind of writing is rewriting.” — Ernest Hemingway
- “It’s hard to know what you’ll consider doing until someone dangles a huge reward in your face, and underestimating how adjustable the boundaries can become when rewards rise is a leading cause of terrible decisions.” — Morgan Housel
- “The problem with low-probability tail risks is that they’re so rare you can get away with ignoring them 99% of the time. The other 1% of the time they change your life.” -Morgan Housel
- “Bad decisions happen when there’s only one acceptable version of the future.” — Morgan Housel
- “most people don’t (and can’t) know exactly what caused their own successes and failures.” — Morgan Housel
- “The smarter you are, the better you are at constructing a narrative that supports your beliefs” — Annie Duke
- “Subtle is the Lord, but malicious He is not.” — Einstein
- “In a complex world, intelligence consists in ignoring things that are irrelevant.” — Nassim Taleb
- “Kindness is loaning someone your strength rather than reminding them of their weakness.” — Andy Stanley