Welcome back to the Saturday Success Series email!
In this edition we’ll have:
Five to Focus On: A quote, stock, book, show & a beer.
Master Yourself: Compounding isn’t just a money thing
Master Your Money: The 3 part problem
And of course…
The Weekly Special: How to find repeated success
The goal here is maximum value, so let’s get to it.
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Five to Focus on:
In a noisy world, it’s hard to know what’s good out there. Let me help.
Quote to ponder: “Don’t be on your deathbed someday, having squandered your one chance at life, full of regret because you pursued little distractions instead of big dreams.” - Derek Sivers
Stock to consider: MARA
Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets.
Disclaimer- this is not financial advice, I am not a financial advisor, and you should always do your own research.
Book to read: Origin Story by David Christian
It’s a science book, written for us normal folk. And we all need a little more science in our lives. You won’t find any god(s) in this origin story, but that’s completely okay…we prefer the truth here. What you will find is incredibly complex ideas simplified for your consumption.
Show to enjoy: Lucifer on Netflix
I’m a few years late to the party. But it’s a fun party and better late than never, right? Smart, sexy, entertaining. It’s all you could ask for, especially from a non-cable TV show.
Beer to sip: Atomic Pumpkin from Voodoo Ranger
Yes, it’s pumpkin season already. I know, it feels way too early. It always does. But you need to grab ‘em and stockpile now, or they’ll all be gone by fall. And if you get a cool evening this week, crack it open and sip the sweet heat. You won’t be disappointed.
Master Yourself
The idea of compounding is not just for money.
Habits compound too (money is a habit actually, by the way).
We all know when it comes to investing your money, the best time to start was yesterday. The second best time to start? Today.
But, don’t just think of compounding as a money tool. It’s a habit/lifestyle tool as well. Start investing in your habits. Let’s break down some examples.
A 10 minute workout every single day gives you 3,650 minutes of lifting at the end of the year. That’s almost 61 hours. Imagine the changes your body would undergo?
30 minutes of reading non-fiction every single day gives you 10,950 minutes of reading in a year. That’s 182 hours of reading. Imagine how much you’d learn?
Now take those numbers and add them up over a decade: 608 hours of working out. 1,825 hours of reading. Wow.
On the flip side, compounding can work against you.
Mindless social media consumption takes up an average of 145 minutes per day. That’s 882 hours every year. 36 days. More than a whole month of every year. Oof.
That’s 8,820 hours over a decade. 367 days. An entire year of your life, every decade.
I’m certain you could’ve spent that time better, doing things that better you and make you happier.
Or think about what you eat. Imagine every fast food meal takes 5 minutes off your life, while every salad adds 5 minutes. How is your day’s ratio going?
Start thinking of the compounding effect in every area of your life.
Master Your Money
Money is a pesky 3 part problem:
Earning (easy enough, most people do it)
Keeping (a lot harder)
Growing (easy enough once you figure it out)
The keeping part is the hardest which is why you see some people making 250k/year and living paycheck to paycheck.
You need to read The Psychology of Money then you need to create a budget and keep at least 10% of your gross income every month.
Weekly Special
How to Find Repeated Success: 4 Step Process
The formula for success most often comes down to 2 things.
Consistency and quality.
You can keep finding those two things through this 4 step process. I use it myself for my writing.
Step One: Learn
You can’t create anything prior to learning something. Whether you learn from experience or books or how to videos, you need to learn new stuff. Mentoring, both being one and having one, is a great way to learn faster.
Input quality often equals output quality.
I’ll use writing as my example for each step.
I learn to be a better writer by reading great writing. By reading about various topics. By reading tons of non-fiction and fiction alike.
Step Two: Practice
After you learn the things you want or need to learn, you need to practice. Deliberate practice. Because practice alone does not make perfect, it simply makes a habit.
So practice (step 2) and then apply (step 3) so can you learn again (step 1) and keep building (step 4).
When I don’t feel like writing, I write anyway. Every day, I have to practice. And then I reread my stuff from a month ago, a year ago, etc. to see where I could improve.
Step Three: Apply
Now comes the time when you apply what you’ve learned and practiced. Apply and practice go hand in hand. You practice and apply what you’ve learned to your next practice and so on.
For this to be an effective step you should be applying publicly. Practice is private, application is public. That’s the main difference.
For me, it’s the time I finally put my writing out into the world. Some articles hit better than others.
Step Four: Build
Apply and build feel the same at first glance. But they’re not. Yes, applying is public but building is when you keep applying and you create a portfolio or body of work.
For me applying is the act of writing every day and posting it. Building is creating this entire portfolio of 250+ articles.
Now what?
You repeat this process over and over. Whether with a new project or the same thing as you tweak it. When you follow these steps, you start to notice that success finds you.
Thanks for reading and if you found this valuable, please share with someone who could use it. See you next Saturday!
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