If You’re Just Starting Out

Summary

• When starting out, I had no money, reputation, status, past success, or leverage. I only had energy and time. Use your energy and time wisely to trade for things you want.
• As you get older, you'll have less energy and time. It's important to make smart trades with what you have now to build your future.
• Remember that the resources you exchange today can lead to more opportunities later, enabling you to trade better resources in the future.
• Focus on using your current assets, like energy and time, to create value and gain the things you want over time.

Video

How To Take Action

I would suggest implementing the strategy of trading your energy and time smartly. If you’re just starting out or looking to grow personally, these are your most abundant resources. Use your energy to focus deeply on learning new skills or building new projects. This can be a low-cost way to gain experiences that money can’t buy.

A good way of doing this is by actively seeking opportunities to network. Build relationships with people who are where you’d like to be. Offer your time to help them, and learn as much as you can from these interactions. This is a high-value trade of your energy for invaluable insights.

Also, use your time efficiently by setting clear and achievable goals. Work on small projects that build toward a larger vision. This not only helps in managing time better but also ensures you’re creating value steadily. Each small success builds your reputation and skills, which are assets that can be used in future trades.

Remember that the resources you exchange today, namely your time and energy, can lead to more opportunities down the road. This enables you to access better resources like money, reputation, or partnerships in the future. Focus on making wise trades now, and you'll create a strong foundation for greater success later.

Full Transcript

you have no money you have no reputation you have no status you have no past success you have no leverage everything that you have to give right now is the one thing that you have the most of which is energy and time and as you get older you have less energy and you have less time and so you trade the things you have now for the things that you want and later when you have some of those things you'll be able to trade some of those too but you don't have any of those yet and so you have to just trade the one thing you've got