My Notes From The Tim Ferriss Show Podcast, ‘What I Learned In 2016’

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In Tim’s latest podcast, What I learned in 2016 (click this link to listen to the podcast, see the show notes and other resources), Tim explores how he performs a post-game analysis to inform his new years resolutions. I took the following notes and thought I would post them here in case some of you found them useful as a reference:

• Post-game analysis
• Check out mini 3-part series ‘making Opera‘
• Only 2 emotions: love and fear
• ‘Stressed’ is the achiever word for fear
• Don’t provide darkness with a vehicle in your business. Am I representing darkness in the world? Providing a stage for it?
• You can only run your own race. Focus on your strengths.
• Books recommended by Seth Godin: The Culting of Brands, Debt, The Gift: Creativity and the Artist in the Modern World, and Trickster Makes This World: Mischief, Myth and Art.
• Be happy with 20k customers. You might lose them if you go for 20m (see 1,000 true fans in Tools of Titans for updated version).
• If I had to charge 2x and had no budget for advertising what would I do instead?
• Backward engineer how to create value.
• 80/20 Review from Jan 1 iCal. Ask 2 questions:
  • Positive emotions/outcomes e.g. Blocked out empty space.
  • Negative emotions/outcomes (remove/minimise) e.g. No start-up investing.
  • Review 5-minute journal.
• Trip criteria:
  • Off the grid – no internet, no social media
  • Physical component
  • Family/close friends
• Ask people – what do you think I should do more of and less of in 2017?
• Schedule and block out trip way ahead of time because anticipation is 90% of the experience.
• Ask this question for any purchase – how might this affect how I use my time? How will I use this on Tuesday night/next Tuesday?
• If you have money to solve a problem, it isn’t a problem.
• Take 10/20% of liquid cash that you can afford to lose, how can I use this to improve my quality of life?
• Pre-pay new sports/skills. Get 1 or 2 teachers.
• What are the craziest things I can do in 2017? Don’t edit. Goal is to come up with seeds for ideas, not ideas themselves.
• Think stranger to think bigger.
• What would I need to do to 10x X?
• Schedule the fun stuff first. Pre-commit, pre-pay, pre-book.
• NOCNOC – no carbs (Slow Carb, so some allowances), no complaining (30 day challenge).

This is a little experiment to see if any of you find my note taking helpful. Let me know in the comments if you like or dislike.