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Takeaways from my mentor
I meet with my mentor as and when he’s available. He manages my family’s money and he’s very good at what he does - his firm manages about $5 billion, and I have great conversations with him.
I don’t want to talk too much about him, but he came from a lower middle class background and today is wealthy beyond comprehension. He could buy a plane or two in the middle of the night if he wanted.
Today we focused a lot of personal growth in my career.
He gave me two books - The Inheritors by Sonu Bhasin and Fortune’s Children by Arthur Vanderbilt.
Here are some brief takeaways:
Work backwards from the outcome you want.
Define the outcome of where you want to be and plan it backwards to your current position.
2. Eliminate, eliminate, eliminate.
Life is all about elimination. Don’t focus on your weaknesses, focus on your strengths. Eliminate all the things you know you’re not good at, you have no interest in and that make you depressed.
3. Intellectual honesty.
Be honest with yourself about things you are good at and are not. The easiest person to fool is yourself.
4. Read one business biography a week.
Everything you’re going in life, there’s a 99% chance someone else has gone through it and come out of it victorious. He also mentioned this article.
5. Outline 3 strengths and 3 weaknesses.
6. (In business/ corporate careers) You’re either primarily an investor (you’d rather fund companies and start ups than start them), an operator (you’d rather build something hands on), or a manager (you’d rather periodically manage something hands off. Like for instance you could have your own franchise bakery chain where you don’t need to exercise minute control over every franchise but you still ensure that there’s some managing done from your part).
7. Do not have extreme ideologies at this age.
Not when it comes to religion, politics, etc.
8. Emotions, money and your time are something you need to be ruthless about. Absolutely ruthless.
Be careful about the friends you have and the influence they have on you.
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The 20 meter pacer test will begin in 30 seconds. Line up at the start.
Anyways here’s the Pacesetter celebration drawings of me and my bf (the real raccoon) and two club members (Petunia, purple cat, and Dash, brown raccoon)
It took us four attempts and we did it.
Dash had like 115 laff too as he refused to do his suits. Petunia was just about sick afterwards. My bf had a good time catching up.
Me? Well—
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🚨 PSA: If you get the feedback survey pop-up while using the Choices app, there is a text box for optional feedback
This is a good opportunity to raise your concerns around PBs apparent use of AI in recent books
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