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- FASTer - Issue #177
FASTer - Issue #177
The Bulletproof Blueprint: đźđđŞđ§ đĄđ
Meet Jordan Peterson, the man who made philosophy go viral and transformed how we think about meaning and mental health. His lectures pull in views like Netflix shows, and people line up to talk to him for hours. Even his critics canât deny that his ideas change lives. But Petersonâs biggest breakthrough wasnât an abstract theoryâit came from an observation in his own clinical practice.
Peterson found that the patients who recovered the fastest werenât the ones getting the most therapy or medication. They had something deeper: a mission, a purpose beyond themselves. Depression, he realized, isnât just about brain chemistry. Itâs often rooted in a lack of meaning. With this understanding, Peterson created a 6-step protocol that anyone can use to build a life centered on purpose, confidence, and growth.
Step 1: The Lobster Principle đŚ
Stand up straight. Pull your shoulders back. It sounds almost trivial, but this simple physical adjustment can change your life. Like lobsters that assert their space, our posture affects our brain chemistry. When we stand tall, we feel powerfulâand when we feel powerful, we act powerful. Peterson found that embodying confidence doesnât just reflect our mental state; it actually shapes it, rewiring neural pathways to build resilience. But this physical shift is only the foundation; to maintain it, you need to embrace self-care.
Step 2: The Self-Care Paradox đ§ââď¸
Think about how a dog owner treats their petânever missing walks, meals, or signs of illness. Now, consider how most of us treat ourselves. Peterson noticed that we often prioritize othersâ well-being over our own, leading to burnout and imbalance. His advice? Treat yourself like someone youâre responsible for helping. If a friend came to you with your current struggles, what advice would you give them? Now, act on that advice for yourself.
Step 3: The Progress Protocol đ
In a world flooded by social media, comparison is constant, and itâs easy to feel left behind. Petersonâs remedy? Shift your focus from others to yourself. Stop competing with the world and start competing with your past self. Track only two points: who you were yesterday and who you are today. This small shift changes anxiety into growth, allowing you to focus on meaningful progress. But growth requires a stable environment, so start with your surroundings.
Step 4: The Order Algorithm đď¸
âClean your roomâ became one of Petersonâs most iconic phrases because itâs simple yet powerful. Before trying to change the world, bring order to your immediate environment. Tidy up your space, organize your schedule, and honor your commitments. Peterson observed that people who create order in their own lives build the capacity to create order on a larger scale. This discipline will prepare you for the next stepâfacing the unknown.
Step 5: The Courage Equation đ
True growth, Peterson believes, happens at the boundary between order and adventure. To keep advancing, you need courageâfacing one fear each day. Whether itâs a new challenge, a tough conversation, or a calculated risk, each step outside your comfort zone rewires your brain for resilience. By gradually expanding your comfort zone, you build the mental strength to take on lifeâs bigger challenges.
Step 6: The Story Solution đâ¨
Your life isnât just happening to you; itâs a story youâre telling yourself and others. Peterson discovered that sharing your journeyâarticulating both struggles and triumphsâturns random events into purpose and suffering into wisdom. In the digital age, your story has the power to reach and inspire millions. Every lesson learned and insight gained becomes valuable content that resonates with others.
Outcomes
Use AI for better outcomes. How? I read a tweet and I wondered why people only focus on problems. Problems are goldmines of opportunity especially if you have a sparring buddy for brain storming. Here is the tweet that got me thinking âŹď¸.
Canada has the housing prices of New York (avg. 450K USD)
the wages of Mississippi (avg. $39,500 USD/yr)
the economy of Alabama (Real GDP $47k USD per person)
and taxes higher than all 50 US states.
â Tablesalt đ¨đŚđşđ¸ (@Tablesalt13)
3:33 PM ⢠Nov 7, 2024
I fed GPT the contents of the above, and then asked it for the following:
What is the ideal prompt to query & to come up with the best business output based on the included data and stats about Canada, use the persona of an entrepreneur.
This is the Output Prompt in quotes âŹď¸. (You can try this all day with different problem sets and personas and then use various LLMs to dig deep into niches and sectors).
**"As an entrepreneur looking to identify high-growth business opportunities in Canada, given the countryâs economic landscape with housing prices similar to New York (average $450K USD), wages comparable to Mississippi (average $39,500 USD/year), a real GDP per capita on par with Alabama ($47K USD), and tax rates higher than all 50 U.S. states, suggest business ideas that:
Address high housing costs and moderate wages: Opportunities that improve affordability, financial resilience, or income diversification.
Leverage Canadaâs demand for sustainable solutions: Ideas that align with Canada's climate, environmental priorities, and community needs.
Benefit from the unique demographics: Ideas that serve Canada's aging population, diverse communities, or the significant remote and rural workforce.
Align with rising demand for digital transformation and automation: Solutions that reduce costs, improve efficiency, or enhance accessibility.
Include underserved markets: Niche opportunities that arenât well-covered by large industries but have strong growth potential in Canadian communities.
Take advantage of Canadaâs growing freelance and small business sector: Solutions that support freelancers, small businesses, and self-employed individuals, especially in regulatory, tax, and financial management.
Focus on practical ideas that can achieve rapid growth, scalability, and recurring revenue in Canadaâs inflationary environment and economic conditions."**
Any one can be the SME in any field if you have the desire to change your outcomes.
One New Thing (That you should know)
Owning Your Rights: Lessons from Michael Jackson and the Fight for Creative Control
In the mid-1980s, Michael Jackson made a move that shook the music industry to its core. He bought the rights to the Beatles' catalog, a collection of songs that defined a generation, and through this acquisition, he did more than secure a brilliant investment. Jacksonâs decision spotlighted a profound insight that was still unfolding in the industry: the true value for any artist lies in owning their work. I didnât know this before I came across this thread
The story starts with a friendship between legends.
Paul McCartney and Michael Jackson were recording together when Paul mentioned something casual...
How he made millions from owning music publishing rights.
Michael listened carefully...
â Joseph Perla (@jperla)
5:38 PM ⢠Nov 4, 2024
For years, artists like the Beatles hadnât fully controlled the rights to their songs. Contracts and deals made at the start of their careers left rights ownership in the hands of publishers and labels. When Jackson acquired these rights, he sparked a shift in the industryâan awakening to the immense worth of intellectual property (IP) and a race among artists to reclaim their creative output.
Today, that same lesson resonates for creators in the internet economy. In a world of walled gardensâplatforms that provide distribution but retain control over contentâownership is again at stake. Social media platforms, streaming services, and content hubs are often essential to reaching an audience, but the price of entry can be creative dependency and a loss of control. Just as musicians before Jacksonâs era signed away rights to gain distribution and reach, todayâs creators face the risk of platform lock-in, where their content exists behind gates they donât control.
The Insight that Shaped Musicâand Now Shapes the Digital World
Michael Jacksonâs move brought two things into focus for artists:
IP as a Long-Term Asset: By owning the rights to songs, Jackson not only secured royalties but also gained leverage in an industry where ownership of art equates to lasting influence and financial security.
The Value of Creative Independence: Control over oneâs art provides freedom to make decisions based on creative and financial priorities, not contractual limitations.
In the digital age, these insights are crucial for creators. Platforms like YouTube, Instagram, and Spotify have made it easier than ever to publish work and build an audience, but creators who rely solely on these spaces face limitations: theyâre at the mercy of algorithms, policy changes, and monetization rules they donât control.
Avoiding Platform Lock-In: Using Distribution Without Losing Control
For creators, the challenge is to take advantage of the massive reach these platforms offer without losing ownership of their work. Hereâs how creators can learn from Jacksonâs insight and thrive:
Build a Home Base: Create a website or a mailing list where you can engage with your audience directly. This space is yours, free from platform algorithms or restrictions, and it allows you to control how your content is presented and accessed.
Use Platforms Strategically: Platforms are invaluable for distribution, but approach them as marketing channels rather than the ultimate destination for your content. Let social media and other walled gardens bring new eyes to your work, then direct those followers back to a place you control.
Retain Ownership and Rights: Whenever possible, avoid contracts or terms that transfer ownership of your work. Instead, look for licensing or distribution deals where you retain rights and can take your content elsewhere if needed.
Diversify Revenue Streams: Artists with ownership rights to their work can license it, use it across multiple platforms, and generate various income streams. Think beyond platform-specific revenue, exploring options like direct fan support (e.g., Patreon), merchandise, or licensing your content independently.
How Creators Can Reclaim Control in the Internet Economy
Much like Jacksonâs ownership of the Beatlesâ catalog revolutionized music, creators today have an opportunity to transform their careers by taking control of their content. Platform dependency can feel like a quick win, but ownership is a lasting investment in your creative future. By embracing a mindset of independenceâusing platforms for reach but retaining control over the heart of their workâtodayâs creators can ensure theyâre building sustainable careers on their terms.
As we navigate the digital world, Jacksonâs insight is more relevant than ever: true value lies not in who distributes your work, but in who owns it.
Boring Stuff That Scales
In the world of small and medium businesses (SMBs), thereâs a universal truth: most business owners donât know what they donât know. Theyâre passionate, resilient, and driven, but they often struggle to recognize the gaps holding them back from true growth. They want to adapt, compete, and stay relevantâbut too often, they take shortcuts or miss key insights that could accelerate their progress.
Consider these three common tendencies in SMBs:
DIY Approach to Software: Many SMB owners believe building or buying standalone software is a shortcut to progress. While customized tools can be beneficial, the approach often lacks the sophistication and integration that businesses need, leaving owners with fragmented systems.
Trend-Chasing Without ROI Understanding: Every new trend, from AI to blockchain, promises to be a game-changer. But without a clear understanding of its ROI, many SMBs jump headlong into costly tech without the strategic insight to leverage it fully.
Lack of a Unified Data Source: Businesses generate data daily but rarely have a single source of truth to streamline operations, gain insights, or forecast growth accurately. Most SMBs run on disconnected spreadsheets, leading to inefficiencies and missed opportunities.
The Opportunity: A New Era for SMB Data Transformation
For SMBs, the biggest need is simple, effective solutions that transform raw data into actionable insightsâpreferably through tools they already understand and use. This is where the next big opportunity for indie hackers, freelancers, and enterprising entrepreneurs lies: turning spreadsheets into mobile apps.
Imagine a platform that automates data collection, visualization, and analysis by converting SMB spreadsheets into robust, mobile-friendly applications. Such a tool could be a lifeline for small businesses, offering them simplicity, accessibility, and value without the need for costly software development. Charge per publish or offer subscription-based models to make this solution scalable and accessible for all types of SMBs.
If you're an entrepreneur looking to break into the market, consider starting with platforms like GlideApps and Google Apps Script to understand the basics. Then, use AI to help create foundational tools that convert data into structured, user-friendly applications. Over time, you could even develop your no-code or low-code app, letting businesses automate this process in real-time. With a weekend of focused effort, you could develop the knowledge and tools to start building this solution.
SMBs by the Numbers: A Global Market Insight
Small and medium businesses are the backbone of the global economy. Hereâs a snapshot of their presence across the continents:
North America: Over 30 million SMBs
Europe: Nearly 25 million SMBs
Asia-Pacific: More than 40 million SMBs
Africa: Approximately 9 million SMBs
South America: Around 12 million SMBs
These figures highlight a massive marketâand an evolving one. Many SMB owners are nearing retirement age, making succession planning and data continuity more critical than ever. By capturing and transforming their data into streamlined, accessible formats, new generations of entrepreneurs can ensure business continuity and growth.
Seize the Moment for SMB Transformation
This isnât just a viable business idea; itâs a scalable one that fills a crucial gap in the SMB ecosystem. If youâre looking for a scalable, profitable venture, this simple yet powerful concept may be the opportunity youâve been waiting for. While not flashy, itâs grounded in real SMB needs and offers entrepreneurs a sustainable pathway to monetization.
What You Should Be Watching Listening to
Recognizing and Navigating a Plateau in Inspiration
In the life of an entrepreneur, few things are more exhilarating than the rush of discoveryâthe spark of a new idea, the potential of an emerging market, the thrill of investing in something fresh and promising. But what happens when that excitement dulls, when even the most compelling ideas feel baseline and uninspiring? This phenomenon, which to me feels like idea burnout, is a real challenge, especially for individuals driven by a passion for learning, self-improvement, and growth.
What Is Idea Burnout?
Idea burnout goes beyond simple fatigue; itâs the numbing of curiosity and the fading thrill of discovery. It manifests as a lack of enthusiasm toward new ideas, a reluctance to deploy investment dollars into anything that doesnât seem transformational, and a general disinterest in the creative processes that once felt second nature. Itâs the feeling that everything seems like a slightly improved version of something else, without that revolutionary spark.
In a busy and chaotic year like 2024, where time is stretched thin, idea burnout can become particularly acute. After a summer filled with relentless demands, there were only two angel investments that felt worth pursuingâa number that, in a different year, would have seemed shockingly low. For someone used to feeling energized by learning and exploring new ideas, this shift can be unsettling.
How Do You Reignite the Spark?
While idea burnout might feel like an entrepreneurial dead-end, it can also be a turning point. Sometimes, stepping back from the relentless pursuit of novelty and reconnecting with timeless principles can reignite that spark. This year, that meant rediscovering the genius of those who paved the way through a quieter, focused engagement with the Acquired podcast. Diving into the legacies of industry giants, revisiting pivotal business decisions, and hearing the stories of early innovators has a grounding effect, reminding us that breakthrough ideas often arise from persistent refinement rather than sudden inspiration.
Building a Thesis on Sustainable Innovation in Times of Burnout
Idea burnout, when reframed, is less about the absence of viable ideas and more about a recalibration of our internal barometers for what constitutes a meaningful opportunity. It signals a need to dig deeper, to go beyond the surface appeal of trends, and to seek out innovation that aligns with foundational principles. This recalibration can lead to several shifts in approach:
Reconnecting with Foundational Knowledge: By immersing ourselves in stories and lessons from past innovators, we can realign our motivations. This process often reveals the enduring qualities of successful ideas, helping us distinguish between short-lived trends and sustainable, impactful opportunities.
Setting a Higher Bar for Novelty and Impact: Burnout can inspire us to refine our criteria for new investments, focusing on truly transformative opportunities rather than minor iterations. This can lead to fewer, more focused investments that yield deeper satisfaction.
Embracing Cycles of Rest and Reflection: Recognizing that periods of burnout are natural, we can adopt a more sustainable pace, allowing time for reflection and restoration. This space is essential for creativity to flourish.
Building Patience with Incremental Progress: Not all impactful ideas are groundbreaking from the outset. By exploring frameworks like lean startup methodologies, it becomes clear that iterative improvement, while unexciting at first, is often the pathway to sustained innovation and growth.
Looking Ahead: Rediscovering the Joy in Ideas
While idea burnout may feel like a frustrating roadblock, it often leads to a deeper level of discernment and maturity in oneâs approach to innovation. Through careful reflection, learning from the past, and setting higher standards for what excites and motivates, entrepreneurs can rekindle their passion for meaningful opportunities.
As entrepreneurs, the excitement might not always be there, but often, thatâs okay. Burnout doesnât mark the end; instead, it signals a pauseâa reminder that sometimes, reconnecting with the wisdom of those who came before can reignite the very excitement that seemed lost.
Monetize your time
In a world where time is our most precious commodity, one of the smartest ways to "monetize" it is by using it to inspire and elevate ourselves. If youâre grappling with idea burnout or the feeling that new ideas arenât as exciting, consider that itâs not always about generating ideas but about surrounding yourself with people who can expand your thinking. Seeking out the company of individuals who excelâin business, academia, creative fields, or any area that fuels your curiosityâis one of the greatest gifts you can give yourself. Hereâs a step-by-step guide to intentionally surrounding yourself with brilliance to kick-start a new year of growth and learning.
1. The Power of Being the Least Knowledgeable Person in the Room
The value of not being the smartest person in the room lies in the humility and openness it encourages. If you constantly find yourself leading every conversation or offering solutions, it might be time to seek out environments where youâre learning more than teaching. Hubris is the enemy of growth; avoid the trap of self-assuredness by actively placing yourself in situations where others' expertise challenges your thinking.
Research consistently shows that proximity to successful individuals drives personal growth and achievement. Known as the social proximity effect, this theory suggests that we naturally absorb knowledge, behaviors, and motivations from those around us. People who achieve extraordinary results tend to operate with mindsets, strategies, and insights that can unlock perspectives weâd never develop alone.
3. Curating Your Circle: How to Identify High-Value Connections
Building a network that expands your worldview requires intentional effort. Hereâs how to identify individuals who can elevate your perspective:
Seek out people in your field or adjacent industries who demonstrate an ability to solve complex problems.
Reach beyond your comfort zone by connecting with individuals in disciplines you know little aboutâacademics, creatives, or thought leaders who can offer fresh perspectives.
Leverage mutual connections: Ask friends or colleagues for introductions to those they admire. Social connections can ease the way to more meaningful conversations.
4. Making It Happen: Practical Ways to Connect and Spend Time with Brilliant Minds
A. Virtual and In-Person Meetups
Attend Industry Conferences and Seminars: Look for gatherings in your field or interdisciplinary events where you can meet and learn from industry leaders.
Virtual Coffee Chats: Use LinkedIn, Twitter, or other social platforms to reach out for virtual coffee chats. Most people are open to sharing insights in a quick, casual conversation if approached thoughtfully.
B. Find or Create Mastermind Groups
Mastermind Groups: These groups, often made up of peers across industries, are designed for structured, goal-oriented discussions. Platforms like Meetup, Facebook, or local entrepreneurial networks are great places to start.
Book Clubs and Discussion Forums: Organize or join groups where you can dive into complex topics. Choose themes that push your boundariesâbiographies of successful entrepreneurs, technical books, or discussion groups on leadership.
LinkedIn and Twitter: Engage with thought leaders by commenting on their posts, sharing their insights, or tagging them in discussions. Thoughtful engagement can lead to deeper connections.
Online Learning Communities: Sites like Discord, or Slack communities are rich with people eager to share knowledge. Explore niche groups where people in your areas of interest gather to discuss and debate ideas.
5. Building Genuine Relationships and Learning to âExploitâ Their Genius
Once youâve identified and connected with high-value individuals, focus on cultivating genuine relationships:
Ask Good Questions: To unlock insights, ask questions that allow people to share their journey, process, and advice.
Offer Value in Return: A relationship should never be one-sided. Offer your expertise, provide introductions, or share relevant resources. A mutually beneficial connection is far more likely to endure.
Observe and Emulate: Study the way successful individuals approach problems, structure their day, or make decisions. Emulating these behaviors can lead to significant personal growth.
6. Monetizing Your Time: Actionable Plan for the New Year
Audit Your Social Circles: List the five people with whom you spend the most time and assess whether they inspire growth.
Set Monthly Goals for New Connections: Commit to connecting with at least one new person per month who aligns with your growth goals.
Join or Create a Mastermind Group: Schedule monthly sessions to discuss goals, challenges, and learning opportunities.
Incorporate a Weekly âInspiration Hourâ: Dedicate one hour weekly to watching, reading, or engaging with content from thought leaders in a field you aspire to learn more about.
Elevate by Staying Humble
The journey of learning from others begins with humility. Enter every conversation with the mindset of a student, eager to learn and open to correction. Hubris stifles growth; humility invites wisdom. In the coming year, give yourself the gift of intentional time with those who inspire you, challenge you, and push you to be better.
As you deliberately place yourself in rooms where youâre not the smartest, youâll find that the investment in othersâ knowledge and experiences becomes an investment in yourself. Monetize your time by inspiring yourself through othersâand watch as it pays dividends in your life and work.
"Show me your friends, and Iâll show you your future." â Dan Pena
One Last Thing
If you service low-leverage tasks, you sacrifice energy from higher-leverage activities.
Itâs a zero sum game.
Turn off your phone, when working on core things.
Bonus! Thought of the week
Robert Anton Wilson, perfection
â Dylan O'Sullivan (@DylanoA4)
1:21 PM ⢠Jun 12, 2024
"You are only as big as what you love and as small as what you allow to bother you" is a powerful reminder of focus and resilience. In the fast-paced world of business, distractions and frustrations come at every turn, but letting minor setbacks or criticisms chip away at your energy is like giving away your focus to the lowest bidder. Successful entrepreneurs know that their real power lies in staying anchored to what drives them and not letting trivialities derail their purpose. This mindset isn't just about maintaining happiness; itâs about preserving the clarity and determination needed to build something great.
Fun Fact: In 177 AD, Emperor Marcus Aurelius made his son Commodus co-emperor, marking the first time a Roman emperor shared power with his biological son. This co-reign continued until Marcus Aurelius's death in 180 AD.