Hello old friends!
I'm updating Facebook and my newsletter more than my blog these days, but figured I ought to update you here too; a few cool things are going on.
1. GiveGetWin Tour IV is happening now.
As always, tickets are entirely free.
Gwen Yi was very kind to make a poster of event dates:
Links to free ticket pages:
Tickets are free -- would love to see you if you're in one of those cities. Definitely share it with any talented undergraduates looking for the skills they need to make a really innovative and thriving career in those places.
2. Some articles around the web.
I was really flattered to be invited to write blog posts for the University of Chicago's Polsky Center for Entrepreneurship, and SOS Ventures' blog.
"How to Find the Right People" lists everything I know about finding great partners, cofounders, friends, and mentors -- it's a really thorough and actionable piece that people are loving.
"Excellent Followup Might Double Your Startup Success; Bad Followup Might Kill You" lists a really critical missing link for a lot of otherwise very creative and expansive founders -- you just need to be good at followup. The post has a mix of theory, mental models, and highly practical ways to get better at followup.
Additionally, Carrie Golus came to one of our summer presentations (featuring the amazing Marian Zizzo) and wrote up her experience in UChicago Magazine: "How to Be a Superconnector" -- a good short read.
3. Finally, I created a White House WeThePeople Petition -- would you sign it?
Like everyone else, I was kind of distraught over what's happening in the election -- and I thought, hey, if we want more constructive dialog, we should... start having more constructive dialog.
Revolutionary idea, eh?
I just wrote a petition on the White House's "We the People" site --
Basically, investing in the stock market in a 401(k) plan very likely returns 70%+ higher financial returns than paying off one's mortgage. Mortgage rates right now are below 4%, the stock market historically returns 7%, mortgage interest is tax deductible but paying off one's mortgage is not, and stock market investments via 401k are tax deferrable but paying off one's mortgage is not.
The end result is, it makes a lot of mathematical sense to carry a mortgage while saving for retirement in one's 401k.
The problem? This encourages more debt, making people more vulnerable to 2008-type systemic shocks.
I explained my math, thinking, and some of the history/backstory of the tax law on Medium --
I'm sure you're incredibly busy, but would you take the 2-3 minutes (yes, it's really under 3 minutes) to sign the White House petition?
Thanks and lots of love!
Hope to see you on Tour IV, hope you enjoy those articles, and thanks a million if you take the under 3 minutes to sign the White House petition -- it's really not time-consuming at all, and I think aiming for more constructive dialog is, obviously, the way we get more constructive dialog. If 100,000 people sign the petition, the White House will respond -- pretty cool, huh? And I think it makes a lot of sense to make tweaks to the tax and monetary policy to encourage paying down mortgages instead of taking on debt, it could be a really nice thing, so voting on that would bring it to the attention of the White House and relevant people in the federal government.
Thanks, cheers, best wishes,
I've been following your blog for quite sometime now and your recent post struck a chord with me. I've found that I have no passion. Instead, I have a passion for the passionate, in the abstract. When I'm working near people who love what they do, can see their grand vision and have a pathway to the future it inspires me. From a chef to a programmer, if I meet a passionate person, I immediately want to be them.
I've made numerous blogs covering different topics. I've started a variety of different groups at university. I've even switched hobbies from martial arts to programming to yoyos. Nothing seems to stick. It seems I need a mentor of sorts to make sure I stay on track otherwise, some voice in my head is "ooh! try this! no no no! try this!"
My main question is, how to continue? How do you know when you should cut your losses or when you're just being a pansy? Help me focus Sebastian!
I know where you're at and I've got a number of thoughts.
First and foremost, did you see Miguel Hernandez's replied? I wrote "Passion Emerges From Action, Not Contemplation," I asked for Miguel's take because he's a sharp guy.
I think the people who pre-ordered for Haiti have had enough time to read the book, so now it's time to make it available to everyone.
You can buy the book here at Amazon!
In case you're new to the site, I haven't had a regular condo or house in 4 years or so, and have been traveling around the world and around the US. Life Nomadic a really practical guide about efficient traveling -- experiencing a LOT while spending relatively LITTLE. It has everything from travel stories I didn't publish on the blog to packing lists. If you broke it down, about 1/3 is life outlook sort of stuff, 1/3 is stories (maybe a bit less), and 1/3 is take-action-now howto advice. It will change how you travel, one way or another.