I've now gotten somewhere between 100 and 150 people who have written to me who are really extremely talented and good. I'm going to go through everyone's info today and over the weekend.
I wanted to show my current views on business and how I go about it, what I stand for, etc. If you're just a casual reader of the site, the second video is probably the most interesting. #1 starts slow, gets going around the 4 minute mark about how we got here from there.
Audio/video quality is so-so, just grabbed a quick camera at the store and did it fast, but you should get the idea. I'm going to send this out to everyone who wanted to work with me, and I'll be in touch over the next 2-3 days.
Video 1: "A Shift"
Video 2: "My Approach to Business"
Video 3: "Moltke-Marshall, Expedients and Probabilities"
Video 4: "Rationalist Humanitarian Command"
Reading your posts in rev-chrono order and this video was very enlightening.
Enormous amount of information packed into 1 hour due to your very high speed and clear passion for what you're talking about. The comparison with Cruise in his more talky roles is very apt but only superficially.
One thing that will improve these videos will be when you slow down a bit and skip a few of the secondary and even ternary topics. I recognize that you want to clarify everything while you're saying it (I have the same tendency) but topics are better conveyed in one go, with clarifications coming afterwards or even in a separate video. Of course, your business is not making videos ;) but where good speakers (like e.g. Jobs) shine is when they slow down a bit and explore a single topic clearly and atomically. (e.g. http://www.youtube.com/watch?v=p9dmcRbuTMY — similar in setup to your video here but note slightly slower talking rate and staying in context, deferring sub-topics to later parts of the video.)
You have a lot of potential to really get people on their feet with your written and now spoken word. Especially since your points of view are divisive (because of your honesty and belief in yourself) and your clear passion for your work. I hope you'll cultivate your public persona so that we may enjoy and learn more from it.
Making of a business live. Great! Thank you!
Some of the ideas reminded me of the lean start-up movement and the book below.
Very interesting stuff, have you read any of these books?
Both have interesting ideas, I can see some of those principles on what you are saying, both are focused mostly on software development, but you can use the same principles to other areas.
Very good stuff.
I think the point about doing everything at once would be a bit clearer if you called linear "sequential" and non-linear "parallel", though.
Thanks for videos. You speak fast and the sound is not the best, so it is hard to understand for non-native English speakers. But still it was very interesting to watch. There are ideas to think about.
I don't think that these ideas would have been communicated as well in text. Videos were awesome; if I were you, I would keep it in the back of my head whether a given post might better be expressed in video form.
I was thinking you sounded like Matt Damon in Good Will Hunting (it's a compliment, I swear!) "If you're not serious, go fuck yourself!"
I like this series. I feel like I finally get your basic philosophy. I've often been bemused by your emphasis on efficient use of time -- too often I've seen it to be a hollow metric. So I was pleased to see your emphasis on intrinsic needs.
But I have to say, I feel like this is just the barest overview. When's the masterclass?
Dude, you are such a badass. This shit is the reason I come here... you are absolutely on fire!! Gotta say, your post about how most people are at about 2% capacity is what got caught me on fire in the first place... now this just makes me want to explode!
Video is a natural extension of your shamelessness. By putting more of yourself in public, you get more feedback to help you improve more quickly in addition to communicating more information per second. (I still wanted transcripts, though.)
You may look at markov chains to give you an easier handle on representing your probabilistic machinery. I have yet to check out Moltke's stuff, but I can say that the relevant equipment for doing that kind of calculation didn't exist in his lifetime. I'd bet you could represent many of the monetary calculations you describe with a simple matrix operation. Better still, the markov representation will bring a lot of expressiveness to the situation you are trying to model, and might yield some non-obvious strategy implications.
There is a classic problem about how to decide on a betting strategy as a prisoner trying to gamble with your guard to buy your freedom when the deck is stacked against you, the solution to which involves betting exactly enough to win your freedom while you have that ability, and placing the minimum bet otherwise (if memory serves). If you could usefully add an out-of-money failure point and allowed decisions that did not immediately yield success (ie different levels of contingent failure) to your problem definition, a similar strategy might emerge.
You made some strong points above that I will have to reflect on. Cheers.
Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.
I set my next 10 years of financial goals on June 28th. That was exactly a month ago.
1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.
3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.
5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.
I don't believe in New Years resolutions or any of that mumbojumbo, arbitrary dates. Frankly I hate New Years parties; they are loud, obnoxious and really pointless. Anyways, one of my favorite bloggers, Sean Ogle, recently wrote a post about what he did right and what he did wrong in the past year as a means of looking back.
I decided I should do the same thing. And thus, without further ado, what I think I did right in and the things I did 2012.
1. I ate a ton of good food. This past year I had some of the most amazing food experiences I can think of. I had amazing seafood in Madrid, out of this world innovative cuisine at countless New American/Gastropubbish restaurants in NYC and explored various high-end farmers markets and pastry shops. Furthermore, this year I managed to get tons of my friends into the knack of finding and appreciating good food. Overall this past year has been one of the most amazing years I've ever had for food, and I doubt I will be able to repeat it since I now live far away from NYC. Regardless, my respect of high-quality food is an all time high it is one of those things that I think having everyday makes one very happy.
2. I wrote a lot more and got more serious. For the majority of last year I was in a half daze, I played video games, Spent a lot of time redditing or doing stupid shit with my time. Of course I would still read, practice some languages or occasionally update my blog, but I wasn't serious enough. Then around august or September I decided to get serious. It finally clicked for me that Video games where being a huge waste of my time, and that honestly, I had already had my fair share. I also realized that social distractions like reddit, facebook, constant texting/messaging and reacting to everything people said (if you live in a house with others) was being a detriment to my success. Thus I significantly cut down my time on reddit and reacting to everything; facebook and texting still remained constant until around late November and at the moment I literally only check for notifications. I started writing a lot more just to get in the habit of it. I also started researching how I could make money online and read almost twice as many books in 3 months as I did the past 9 months.