FASTer - Issue #60

You never know what the future holds. But to get better at your outcomes you have to play the game and play it right. What does that mean?

• Samsung started as a fish trader

• Colgate started as a candle maker

• Nintendo started as a playing cards company

• Nokia started as a paper mill

• BMW started as an aircraft manufacturer

• 3M started as a mining venture

Be opportunistic in your approach but sincere in your actions. You do not know where the path leads. But you must be on a path, any path, with sincerity and the will to execute. The difference between success and not is positive opportunism. Stay flexible and see the opportunities unfold. I started thinking about positive opportunism when I read You're Better Than They Think You Are. A fantastic book The author reveals his journey to success. His account of overcoming all obstacles is one that demonstrates that with an inner determination to succeed combined with positive opportunism, anything is possible. Wishing to support young people from struggling communities much like his own childhood neighborhood, Rod's journey led him to help address ineffective education in this country. His story ends with his going back to the beginning, using his skills and experience to create the Aldridge Foundation and, through his academy schools, help 10,000 students nationwide to reach their full entrepreneurial potential.

Many entrepreneurs have, with hindsight, a galvanising moment; something that motivates them to build and sustain a business. For Sir Rod Aldridge, founder of FTSE 100 outsourcing group Capita, it was failing his 11-plus. Packed off to a low-ambition secondary modern, the school sought to ‘mark time’ rather than develop him as an individual.

This early rejection, and the fact that he didn’t seem to fit in either at school or in the workplace, defined his thinking. In short, don't give up. Be open but be committed.

“The best way to learn is to have crack people around you. Entrepreneurs believe they are the centre of everything and that’s a massive weakness. A lot of it is about honesty.” He says that established rivals generally underestimated them, which helped. A brilliant read.

Outcomes

There’s no such thing as someone who builds a successful business or becomes wealthy without some level of failure or mistakes in life.

“To be a success, you only have to be right once. One single time and you are set for life.”

Embrace failure.You don’t have to be a genius to build wealth. But you do have to learn to keep your emotions in check long enough to build wealth. Investing is the study of how people behave with money.As long as you are alive, you will either live to accomplish your own goals and dreams or be used as a resource to accomplish someone else’s. So its imperative that you focus on your goals. We think about wealth as being rich, but we need to think about it as enabling future outcomes. Why spend so much time and effort trying to build wealth when you can just coast along and get by? You build wealth because it’s the vehicle to help you build your dreams, do what you want to do, and bear the fruits of your own effort. Wealth gives you control over your own life. Regardless of how much you might love a job, you’re always beholden to that job if you don’t have your own vehicles to build wealth.Is everybody meant to be an entrepreneur? Maybe not. But this isn’t about everybody, it’s about you. Whose dream do you want to build—yours or someone else’s? Whose hands do you want on the steering wheel when it comes to your livelihood?

Financially imagineer your life!!! But how? By embracing failure.

One New Thing (That I Learnt today)

For the production of 'The Bellboy ' (1960) Jerry Lewis was actor and director, so he invented a system of multiple cameras and monitors enabling him to act, review the performance, and reshoot immediately. This was necessary since he was acting as well as directing. His techniques and methods of filmmaking, documented in his book and his USC class, enabled him to complete most of his films on time and under budget since reshoots could take place immediately instead of waiting for the dailies.Lewis received the Golden Light Technical Achievement award for the invention.

Boring stuff that Scales

Offloading your projects in the SaaS space. What? How? I recently came across microacquire.com they let you list micro ideas, with traction to others who would like to scale it. My thesis is, its non technical founders who like a space and zero in with investment dollars in their markets, or those who operate in similar spaces. Never has it been as easy to take a side hustle, build a project, get some early traction and then sell and repeat. This may be boring but it is $ized income. You can do it on repeat.

The other side of the coin is, if you are fairly technical and some resources and need a leg up to get into scaling some thing, go in acquire a business and scale it. Its been the best use of my time over the last few months, identifying projects, (using an angel network to lead) and buy profitable ventures and scale one at a time.

What you should be watching

TikTok was launched in 2016 and we saw its sudden popularity in 2020 when the pandemic hit the world. TikTok is chasing after your dopamine. Through tapping into your biological desires, this app has been dowloaded a billions times. An insanely eye opening documentary especially if you want to control your outcomes vs being manipulated by the most engineered filter bubble out there.

Monetize your time

You can monetize the time you spend with your devices by learning one of these skills:

- Freelancing

- Copywriting

- Ghostwriting

- Affiliate marketing

Apply what you learn and earn from the comfort of your home. Learn in Rupees Earn in Dollars. Build the business of one!

Best resource for this and more to 10x your outcomes below.

Made in Pakistan

A Mission to Reduce Food Losses & Waste?

Instafoods are On a Mission to Reduce Food Losses & Waste; Vegetables, Fruits and Herbs are readily perishable commodities, and an integral part of our food supplies. Thousands of dollars of fresh produce go to waste each year as we do not have the time or resources to get it to the market fast enough or it wasted during processing or at the stores waiting to be sold. Preventing food waste is incredibly important to us. We are trying to resolve this issue by doing the “Dehydration of Fruits, Vegetables procuring directly from the Farms and fields, convert the surplus Food into Natural Vegan Food Products by a unique way of Hot Air-Drying to preserves its Nutritious value while retaining the Taste, Aroma and Color. Given our current state of play on food security, this is by far one of the best startup ventures to come out of Pakistan. You can find out more about the founder here.

One Last thing

We are in social interactions all day long, let's make the most of it. Set up a group chat of 6 people who have the same goals/ambitions as you. Mentors are good but somewhat over rated if used without peer groups. Peer Groups are underrated. Discord is the new gateway to enhancing your outcomes.