Category: Processes

Episode 10 – Courage is Calling (Stoicism)

Book

  • Courage is calling by Ryan Holiday

What is stoicism?

Quick overview since we covered it in episode 5

The four cardinal virtues

  • Prudence
  • Justice
  • Courage
  • Temperance

Fear

  • Why are we afraid?
  • Defeating fear with logic

Courage

  • If not you, then who?
  • Just a few seconds of courage
  • Make it a habit

The heroic

  • What are you willing to pay?
  • You must burn the white flag

Episode 4 – Financial tactics

The Mensch and the Machine – Episode 4 outline: Financial tactics

Books

  • I will teach you to be rich
  • Richest man in babylon
  • Rich dad, poor dad
  • Total money makeover

Where did you learn about finances

  • Parental influence
  • School?
  • Books/blogs/etc.

Getting your house in order

  • Where is your money going
  • Budgeting tools that work
  • Envelope system
  • Basic money script
    • If you get an extra $100 how do you allocate it

Debt

  • Good debt/bad debt
  • Credit cards
  • Loans
  • Snowball method vs Higher APR target

Savings

  • Cash
  • Rate of return
  • Save for specific things

Investments

  • Retirement
    • Employer match
  • Assets

Next Week’s topic: Stoicism

Episode 2 – Napolean Hill

the guys talk about Napolean Hill and his 13 Principals

Show Notes:

Think and grow rich – the big picture, 13 principles to beat the devil

  1. Desire
    1. How bad do you want it?
    2. Ways to summon the willpower
  2. Faith
    1. Believe 100% that you can do it
    2. Removing negative influence
  3. Self Suggestion
    1. Clean up your self talk
    2. Listen to the little voice, shut up the big annoying voice
  4. Knowledge
    1. Specialized versus general
  5. Imagination
    1. Dream big, then make it real
  6. Planning
    1. To a ship without a destination any port is favorable
  7. Decision
    1. Pick a target and aim at it 100%
  8. Persistence
    1. Get gritty with it
  9. Mastermind
    1. Sum of 5 people you spend the most time with
    2. Find hobbies with a barrier to entry
  10. Transmutation
    1. Transform negative thoughts
  11. Subconscious mind
    1. What you think about when you’re not thinking
    2. Couch naps
  12. The brain
    1. Tune in to tokyo
    2. Like attracts like
  13. Sixth sense
    1. You already know what to do
    2. Little voice

Next Week’s Topic Naval Ravikant