What if you could avoid competition forever?
How to Build a Personal Monopoly with @david_perell + @jackbutcher
THREAD👇
1/ What is a personal monopoly?
The intersection of...
• Curiosity: What do you care about?
• Competence: What are you good at?
• Character: Who are you?
These combinations SHRINK the area of competition.
"Competition is for losers."
@peterthiel
2/ Where to Start
"You can't connect the dots looking forward: you can only connect them looking backwards."
-- Steve Jobs
Trust your curiosity and intuition.
Only curiosity creates uniqueness.
3/ BUTCHER'S FRAMEWORK
DICE = Diverge, Converge, Emerge
DIVERGE (Collect Dots): Pursue things you're interested in
CONVERGE (Connect Dots): Find the connections among interesting things
EMERGE: You've found where to start. Now attack it everyday.
4/ "Make a single decision to eliminate 1,000 decisions."
-- @tferriss
For @visualizevalue + @jackbutcher: How do you visualize something to make it simpler?
Eliminate anything that doesn't compound towards achieving that goal.