You Are An Average Of The Five People
Here is your weekly For Value Sake, contributing value to your growth.
A weekly post, it contains a few articles, a book recommendation and a TED talk.
These are the most impressionable resources I consumed during the week, and share them so you can reap some value as I did.
A Quote Worth Thinking About
“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
-Abraham Lincoln
+ Read past editions of For Value Sake: 38, 37, and All,
1. ARTICLES WORTH READING
personal development
I. You Are The Average Of The Five People You Spend The Most Time With
+”The most important tool at our disposal for living better of life is other people.”
+ “According to research by social psychologist Dr David McClelland of Harvard, [the people you habitually associate with] determine as much as 95 per cent of your success or failure in life.”
+ “The dream in your heart may be bigger than the environment in which you find yourself. Sometimes you have to get out of that environment to see that dream fulfilled.”
+ “Surround yourself with people you admire.”
Audit your network and be more deliberate about people you spend your time with.
A good hack I have learnt over the years is, If I don’t seem to have access to the people that help me grow in my immediate environment, I spend more time watching talks and reading books.
Instead of spending all your time texting people on social media, or scrolling through social media (an activity that is very low quality); commit to going out to where you can meet high impact people or/and commit to consuming high impact content :
read more, watch more interviews of people you admire than entertainment content.
Read Now (Open InCognito/Browser PrivateMode)
wealth development
II. Realistic Personal Finance Hacks
+” Accepting that living below your means requires suppressing your ego to below your income.”
+” When you define savings as the gap between your ego and your income you realize why many people with decent incomes save so little”
+ “The fastest way to break your finances is to marry someone with wildly different spending expectations.”
+ “Part of why get-rich schemes are popular is because so many people need to get rich quick after delaying savings too long.”
+ “Utilize low-status, high-efficiency services.”
+ “ A low-income passion job may breed resentment as you age and have kids, mortgages, all kinds of higher bills that become burdens large enough to suffocate the joy you get from working in your passion.”
To be what most people will not become you need to do what most people will not do.
Only the paranoid succeed.
If you are spending more like your friends and family, you are heading to where they are headed, I hope they are going to where you are going to.
relationship dev.
III. 19 Golden Pieces of Relationship Advice
+ “It’s Not Your Partner’s Responsibility To Make You Happy”
+ “Don’t let other people’s behavior dictate your emotions (and) instead, accept that it is up to you to manage your emotions, regardless of how others behave.”
+ “Communication in relationships, at its core, is about connecting and using your verbal, written and physical skills to fulfil your partner’s needs — not just making small talk.”
+ “ One person’s way of giving and receiving love can be completely different to their partner’s.”
+ “Respect is NOT about controlling another person (aka your partner) or making them do what you want them to do.”
A massively valuable read.
Everyone will derive value from it, as it applies not just to romantic relationships but with friends and family.
entrepreneurship
IV. How to Price Your Minimum Viable Product
+ “If we’re not comfortable charging the full amount we plan to charge when the product emerges from MVP, then we’re not ready to call what we’re about to release an MVP yet.”
This has a lot of wisdom for technology product founders.
It’s possible to have an amazing product that has product-market fit yet you lose because you priced wrongly.
2. VIDEO WORTH READING
+ Why Do People Join Cults | Janja Lalich
Today, there are thousands of cults around the world. Broadly speaking, a cult is a group or movement with a shared commitment to a usually extreme ideology that’s typically embodied in a charismatic leader. But what exactly differentiates cults from other groups — and why do people join them?
Janja Lalich describes how cults recruit and manipulate their members.
3. WHAT IM READING
In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines
Get a copy of all the books I’ve read and shared on FVS here.
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Enjoy the rest of your week!
Mascot
