Alex Banks's Threads | Buzz Chronicles

Climbing the corporate ladder takes time.

10 threads that will accelerate your career:

1/ Who: @RomeenSheth

What: Get in half way up the ladder

Tweet:

The ultimate hack to 10x your career:

Enter the Side Door.

Let's break it down \U0001f447\U0001f447\U0001f447
— Romeen Sheth (@RomeenSheth) November 2, 2021

2/ Who: @slizagna

What: Resume

resume tips I have learned as a recruiter at a fortune 100 company (targeted towards college students), a thread:
— SLIZ (@slizagna) February 2, 2021

3/ Who: @heykahn

What: Soft skill

Hard skills get you hired.

But soft skills get you promoted.

I went from 0 to VP in 3 years.

Here are 11 soft skills to accelerate your career:
— Zain Kahn (@heykahn) October 12, 2021

4/ Who: @SahilBloom

What: Nail the

The interview process is ultra-competitive.

But with proper preparation, it is possible to stand out.

THREAD: 20 common interview questions, what they really mean, and how to nail them:
— Sahil Bloom (@SahilBloom) August 7, 2021

Alex Banks
@thealexbanks

Over 3.5 billion tweets are posted each week.

But most people are reading the wrong ones.

Here are the 10 best tweets from the week guaranteed to make you smarter:

1/ Who: @KurtisHanni

Topic: Build an elite

An introvert's guide to elite networking.

9 tips to build a network:
— Kurtis Hanni (@KurtisHanni) March 8, 2022

2/ Who: @heykahn

Topic: Become an effective decision

The world's most powerful skill:

Effective decision-making.

But colleges eat up 4 years of our lives and don't even bother teaching it.

Instead, here are 10 quick lessons from psychology that will upgrade your decision-making in the next 5 minutes:
— Zain Kahn (@heykahn) March 12, 2022

3/ Who: @amandanat

Topic: Hot takes on life, careers and

I'm having a glass of whiskey after a long day.

Some spicy takes about life, careers, and creating:
— Amanda Natividad (@amandanat) March 9, 2022

4/ Who: @EvergreenMEP

Topic: Upgrade your

I have worked with dozens of startup founders and hundreds of their leaders.

The biggest reason they don't achieve what they desire?

Founders hang on to leaders that can't scale.

Here are 6 ways to succeed faster by upgrading your leadership.
— Greg Moran \U0001f30e Evergreen Mountain Equity Partners (@EvergreenMEP) March 13, 2022

Alex Banks
@thealexbanks

Building an audience on Twitter is hard.

But with the right tools you can go 10x faster.

5 simple threads that will teach you more about community building than any paid course:

1/ Who: @Nicolascole77

What: How to write things that reach the masses

Tweet:

I have been writing online for 10 years.

In that time, I have gone viral more times than I can count.

And accumulated 250,000,000+ views.

These are the 5 rules I live by\u2014to write things that reach the masses:
— Nicolas Cole \U0001f6a2 (@Nicolascole77) January 31, 2022

2/ Who: @brandonthezhang

What: Content frameworks to 10x your

In 2021, I wrote 50+ threads for companies, founders, and my personal account.

In total, they generated around 18,000,000 impressions and >70k followers.

Here are 12 Twitter content frameworks to 10x your growth in 2022:
— Brandon Zhang (@brandonthezhang) January 12, 2022

3/ Who: @OneGSisneros

What: Playbook to 20k

I reached 20k followers over the weekend. It took 10 months.

This is how I did it.

// a thread \U0001f9f5 pic.twitter.com/HEBYEv7MR6
— \U0001f7e3 George (@OneGSisneros) February 1, 2022

4/ Who: @JustinSaaS

What: Simple steps to make Twitter a massive

A Twitter audience is a massive asset.

I've added 37,196 followers in just 14 weeks.

Here are the 7 simple things I did:

\U0001f9f5
— Justin Welsh (@JustinSaaS) February 8, 2022

Alex Banks
@thealexbanks

Want to be a 10x better communicator than 95% of people?

Use McKinsey's 3-step Pyramid Principle:

McKinsey is the most powerful consulting firm on earth.

• $10B in revenue
• 30,000+ employees
• 90+ years of history

This is their 3-step process for structured communication:

1/ Start with the answer first

It's natural to build up to a conclusion after presenting the facts.

Instead, give the answer first.

This allows your listener to quickly process your recommendation.

"What should we do?" → "You should do X."

You'll be more persuasive.

2/ Group and summarise your supporting arguments

Your ideas should form a pyramid under your answer.

Your ideas at one level must be a summary of the ideas below.

For each supporting argument, break down into a group of 3.

Three is the magic number– memorable and persuasive.

3/ Logically order your supporting ideas

You want to make sure your ideas belong together.

1. Time order - follow if there is a sequence of events
2. Structural order - break a single thought into its parts
3. Degree order - present your ideas from most to least important

Alex Banks
@thealexbanks

10 newsletters that will teach you more than any $150,000 MBA:

1/ World Builders

Who: @nathanbaugh27

What: The newsletter to make you a better

2/ The Generalist

Who: @mariogabriele

What: Unpacking the most important companies in tech and

@mariogabriele 3/ Young Money

Who: @Jack_Raines

What: The best finance blog you've never heard

@mariogabriele @Jack_Raines 4/ Through the Noise

Who: @throuthenoise

What: Startups and venture capital. Without the

Alex Banks
@thealexbanks

10 threads that will teach you more about business than any business degree:

1/ Who: @naval

What: Principles to wealth creation

Tweet:

How to Get Rich (without getting lucky):
— Naval (@naval) May 31, 2018

2/ Who: @sweatystartup

What: Actions to wealth creation

Tweet:

How to get rich without getting lucky:

Find a way to make $100 an hour doing something simple IN YOUR TOWN.

Do it until you have $10k+ in the bank and you\u2019re too busy to sell new customers.

Hire employee for $25 / hr to do what you do so you can sell new customers.

Repeat.
— Nick Huber (@sweatystartup) September 28, 2020

3/ Who: @RomeenSheth

What: Early career

Early career years are painful.

You feel like an idiot 98% of the time - lost, confused and insecure.

I wish I had a cheat sheet of principles for my first job.

So I put one together.

Here are 20 things about building a career I wish I knew sooner:
— Romeen Sheth (@RomeenSheth) February 8, 2022

4/ Who: @heykahn

What: Career

The first years of your career are brutal.

You're on your own and you have no clue what you're doing.

I wish I had a guide back then \u2015 so I made my own.

And I went from 0 to VP in 3 years.

Here are 11 principles to accelerate your career now:
— Zain Kahn (@heykahn) January 25, 2022

Alex Banks
@thealexbanks

I have a masters degree in finance.

But I've learned 10x more from Twitter.

10 threads that will make you a better investor:

1/ Who: @naval

What: Principles to wealth creation

Tweet:

How to Get Rich (without getting lucky):
— Naval (@naval) May 31, 2018

2/ Who: @10kdiver

What: Achieving financial freedom

Tweet:

Get a cup of coffee.

Let's kickstart 2022!

To that end, here are 22 key concepts to help you appreciate and achieve Financial Independence.
— 10-K Diver (@10kdiver) January 1, 2022

3/ Who: @trengriffin

What: Money flows as a function of the

1/ Don Valentine (Sequoia founder):

"The art of storytelling is incredibly important. Learning to tell a story is critically important because that\u2019s how the money works. The money flows as a function of the story.\u201d

A venture capitalist get to see all kinds of storytellers.
— Tren Griffin (@trengriffin) February 15, 2020

4/ Who: @girdley

What: How to get paid when investing in a new

17 of the coolest ways I\u2019ve seen people get rich.

(1/x)
— Michael Girdley (@girdley) December 29, 2021

Alex Banks
@thealexbanks

Sequoia Capital has created over $3.3 trillion dollars in value.

Steal their pitch deck framework for free:

The single best trait of an entrepreneur is someone who can tell a story.

Investors have a short attention span.

They will give you the most attention at the start of your pitch.

In the first 5 minutes be crystal clear about what you actually do.

Let's dive in:

1. Company Purpose

What is your mission?

Condense into a simple powerful sentence.

Don't list features– communicate your purpose.

Include a simple graphic that describes your business model.

Nobody cares what you can do. Everybody cares what you can do for them.

2. Problem

What challenges do you address and solve?

• Describe the pain of your customer (bigger the better)
• Explain how this is currently addressed
• Show why the current market offerings are inadequate

Don't build a solution that's looking for a problem.

3. Solution

What key points will communicate the most value?

• What was your 'aha' moment?
• Why is your value proposition unique and compelling?
• Are you building a competitive moat such as network effects?
• How big can this market grow?

Alex Banks
@thealexbanks

Hard skills get you in.

But soft skills get you far.

10 threads that will accelerate your career:

1/ Who: @RomeenSheth

What: Enter through the side door

Tweet:

The ultimate hack to 10x your career:

Enter the Side Door.

Let's break it down \U0001f447\U0001f447\U0001f447
— Romeen Sheth (@RomeenSheth) November 2, 2021

2/ Who: @slizagna

What: Resume

resume tips I have learned as a recruiter at a fortune 100 company (targeted towards college students), a thread:
— SLIZ (@slizagna) February 2, 2021

3/ Who: @heykahn

What: Soft skill

Hard skills get you hired.

But soft skills get you promoted.

I went from 0 to VP in 3 years.

Here are 11 soft skills to accelerate your career:
— Zain Kahn (@heykahn) October 12, 2021

4/ Who: @SahilBloom

What: Nail the

The interview process is ultra-competitive.

But with proper preparation, it is possible to stand out.

THREAD: 20 common interview questions, what they really mean, and how to nail them:
— Sahil Bloom (@SahilBloom) August 7, 2021

Alex Banks
@thealexbanks

Investing can be complicated.

Let's make it simple.

10 terms every entrepreneur and investor should know:

1/ Internal Rate of Return (IRR)

IRR tells you what your average return is when time value of money is factored in.

Let's say you have an option to get 100K today or 100K in 5 years.

You would obviously prefer to get paid today so you can reinvest.

This also prevents future inflation from eating your purchasing power.

An investment that realises returns sooner than later will have a higher IRR.

2/ Multiple of Money (MoM)

Also known as cash-on-cash return or multiple of invested capital (MOIC).

Example:

Total cash inflows (proceeds from sale of a company) = $100M
Total cash outflows (initial investment) = $10M

MoM would be 10.0x.

3/ Rule of 72

A “back-of-the-envelope” method to calculate how long it would take your investment to double (2x).

Example:

How long would it take to double my money if I invest in the S&P 500?

S&P 500 average return = 8%

= 72 / 8

= 9 years

Alex Banks
@thealexbanks

ChatGPT will make you superhuman.

But only if you know how to use it correctly.

Here's a crash course on ChatGPT for beginners:

ChatGPT is the most powerful natural language AI ever created.

It can answer almost any question you might have.

You can now have a conversation and get exactly what you want.

Here's how:

1/ Prompts

Let's start with a simple prompt.

"What is the tallest mountain in the world?"

• Write your text
• Hit enter
• Get your output

Use the 'Regenerate response' button to get a new generation of the same prompt.

Use the thumb up/down button to report feedback.

2/ Continuing conversations

You can continue conversations indefinitely.

It takes reference of what you said earlier and pulls that context into new responses.

"What was the name of the first climber of that mountain?"

It knows 'that mountain' is in fact 'Mount Everest'.

3/ Preferences

I want to lose fat but gain muscle.

But I don't know how.

I can ask ChatGPT to give me a list of foods I should be eating.

From this list, I can get a shopping list and cooking instructions.

You get a conversation based on the context of your past prompts.

Alex Banks
@thealexbanks

The 10 best AI businesses to start with ChatGPT right now:

AI is going to contribute $15.7 trillion to the global economy in 2030.

This is more than the current output of China and India combined.

Instead of thinking about what it will be like in a decade,

Here's how you can take advantage of the opportunity right now:

1/ Copywriting

In a few seconds you can write powerful sales copy that any company would be inclined to use.

Here's how you can start monetising and stand out:

• Create a Fiverr account
• Standard delivery is often 2-7 days for website copy
• Your delivery will be 2 hours

2/ Translation

Translators are often limited to 2-5 languages.

You know every language under the sun with ChatGPT.

You can offer your services to millions of people and output more work than would ever be humanly possible.

3/ Customer service

It's expensive for companies to hire customer service representatives.

You can start an agency to help these online businesses manage their customer service easily.

Find virtual assistants for $3-5 per hour and have them operate ChatGPT for you.

Alex Banks
@thealexbanks

Accounting is the language of business.

10 threads that will teach you more about accounting than any accounting degree:

1/ Who: @10kdiver

What: Understand the balance

1/

Get a cup of coffee.

In this thread, I'll show you how to read and understand a company's Balance Sheet.

As investors, we should be able to judge businesses by looking at their financial statements.

And the Balance Sheet, of course, is 1 of 3 key financial statements: pic.twitter.com/6D0HA0vmEN
— 10-K Diver (@10kdiver) February 5, 2022

2/ Who: @SoulFairy3

What: Income statement

Many new investors are scared of financial statements. I don't blame them. Us accountants complicate the simplest things to keep ourselves employed\U0001f602

Let me show you guys the Income Statement first. You honestly just need 3 numbers. Trus bob\U0001f483

Short \U0001f9f5
— Soul \U0001f4da (@SoulFairy3) December 6, 2021

3/ Who: @BrianFeroldi

What: Income statement

Accounting is the language of business.

If you buy stocks, you MUST learn how to read an income statement

Here\u2019s everything you need to know:
— Brian Feroldi (\U0001f9e0,\U0001f4c8) (@BrianFeroldi) July 28, 2021

4/ Who: @AliTheCFO

What: Profit vs cash

Most founders don\u2019t understand the difference between PROFIT and CASH FLOW

Not knowing this difference, could leave your business without cash and push you into bankruptcy

Here are the key differences between PROFIT and CASH FLOW

//A THREAD//
— Ali Ladha (@AliTheCFO) November 2, 2021

Authors Alex Banks