Happy Sunday everyone!
Even though my dad's treatment went smoothly, his emotional state got worse as soon as he got home, resulting in him not wanting to speak up at all. That affects me too and I usually catch myself procrastinating and it’s harder for me to focus. But there’s one thing that saves me. Perseverance.
Perseverance is key to achieving your goals. Because of perseverance, I can convince myself to focus on the things I can do instead of the things I don’t have the power to change no matter how bad things may be. Keep pushing yourself even when things get tough and you'll be amazed at what you can accomplish. Laziness is your dream killer.
I hope you have a dope Sunday. Let’s dive into the real alpha now!
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Grow your mindset: Absorb knowledge from your surroundings
It’s good to learn from your mistakes. It’s better to learn from other people’s mistakes. — Warren Buffett
This is one of my favorite quotes. I’m usually describing life as a game. Good players are learning from their mistakes. Great players learn from other people’s mistakes. It's impossible to make every mistake in life, so it's important to have a plan and try to avoid as many mistakes as you can.
Remember, time matters. The sooner you find a way to achieve happiness the more meaning your life has. The best way to improve your learning curve is to absorb knowledge from your surroundings.
I use the following strategy to learn from others. The strategy consists of two steps:
1. Past Experience Learning
If you wanna learn from others, do your research. You’ll probably have some people in your circle or family that didn’t do that well in life. Study their example. They didn’t end up there by accident. It’s hard to say it, but they did something wrong at some point. Figure out what that something is and write it down.
If you do that for a good amount of people you are going to see a pattern of mistakes. There are going to be some mistakes that you rarely see and some others that are in most of the examples, these are the blunders. Stay away from them.
For example, think about drug addicts, alcohol addicts and gamblers. They all have some similarities and one of them is that they let emotions take control. An easy lesson to extract from that is that emotions hurt decision-making.
I focused on the negative scenarios as it’s easier to identify mistakes, but you can do the same for good examples.
2. Realtime training
Once you practice the first step and start identifying some patterns, it’s time to do the same when you are communicating with others. Pay attention to the way they talk to others, how did they manage to accomplish this or why didn’t they make it in that.
For example, your friend managed to convince the professor to change his grade. Did he managed to do it only because he indeed had a better grade? Or did he make the professor like him and that’s why he got a better grade? And if that’s the case, how did he do it? And how can you do it too? Also, what does this teach us about human relationships?
So as you can see, if you get into that rabbit hole you can create a model of DOs and DONTs. The more you follow this strategy, the more you train the model and the better it becomes.
It’s impossible to avoid doing mistakes but understanding what mistakes others did and how you can avoid them will save you from a lot of trouble.
Announcement: Several things are in the works
As many of you already know, the last couple of weeks, I’m working on couple of things in the background. I think it’s time to reveal what this is and what my plans are for the future.
One of the things I’m working on is a tool for projects and artists and it will be launched this month. I won’t share more alpha on that but I can say that the subscription will be through NFTs and that it has to do with Twitter.
Moving on, another big project that I’m working on is a web3 agency that will help projects thrive in the space. This is going to be my first-ever business, so I’m pretty excited about it. Right now, I’ve assembled a team of some of the more specialized people in their field with years of background in fields like graphic design, contract and website development, marketing and copywriting. This agency, also will go live by the end of the month and if you are looking for any of the following solutions, don’t hesitate to DM me.
Now in terms of content creation, I’m going to share all the lessons I’m learning from starting and running a web3 business. So, the content will expand in brand and business building. On top of that, I’ll try to post a weekly educational thread about the blockchain, as I feel that education is the number one thing we lack in this space.
Last but not least, you are my favorite 775 people and I’m constantly looking for ways to give back to you. For this reason, I’m in talks with a big web3 brand and I’m going to reward all of you with NFTs with future utility for staying so loyal and supportive for the last couple of months. I haven’t done it yet, cause I’m trying to find a solid plan that will ensure that you’ll get the most out of it. Finally, I’m in contact with projects and I’m looking to giveaway WL spots for upcoming mints, so stay tuned.
NFT News Report
USDC Depegs
On Wednesday, Silvergate announced its liquidation. For those who don’t know who Silvergate is, it’s the first crypto bank which means that it was the first bank to trade fiat for crypto.
Following Silvergate’s example, Silicon Valley Bank reported that they had sold over $2.2B worth of securities at loss. This triggered a panic among VCs who advised companies to withdraw their money. SVB's shares were halted by Friday morning, and it had abandoned efforts to raise capital.
Circle, USDC company was holding over $40B in multiple banks including SVB. In SVB they were holding $3.3B so that was a pretty big hit for them. The news and the extra FUD from the governments made many traders panic and that led to the drop of USDC to as low as 0.89$. Fortunately, Circle announced that they will cover any shortfall using corporate resources.