Use selfcontrol to practice powerlaw perseverance for unitility exhange to create a monopoly

 the search completes.

It will feel difficult till the time it doesn't become a habit

 It is applicable to almost all skills and challenges in life.

It takes some time for our brain to inculcate new information, it takes even more time to use that info in your practice, do it consistently and it will convert into a habit in no time.

once it converts in a habit - it will become damn easy, no matter what the fuck it is.

The one thing

 “What’s the ONE Thing you can do this week such that by doing it everything else would be easier or unnecessary?”

Where I’d had huge success, I had narrowed my concentration to one thing, and where my success varied, my focus had too.

When you want the absolute best chance to succeed at

anything you want, your approach should always be the same. Go

small.

“Going small” is ignoring all the things you could do and

doing what you should do. It’s recognizing that not all things

matter equally and finding the things that matter most. It’s a tighter

way to connect what you do with what you want. It’s realizing that

extraordinary results are directly determined by how narrow you

can make your focus.

GETTING EXTRAORDINARY RESULTS

So when you think about success, shoot for the moon. The moon

is reachable if you prioritize everything and put all of your energy

into accomplishing the most important thing. Getting extraordinary

results is all about creating a domino effect in your life.

Toppling dominoes is pretty straightforward. You line them

up and tip over the first one. In the real world, though, it’s a bit

more complicated. The challenge is that life doesn’t line everything

up for us and say, “Here’s where you should start.” Highly

successful people know this. So every day they line up their

priorities anew, find the lead domino, and whack away at it until it

falls.

Success is built sequentially. It’s one

thing at a time.

stock picking 1.2

 The company should meet these two criteria

• Repeat purchase/recurring utility - one every month
• it should grow with the growth of the internet - the internet should increase/support the 1st point
• it should be the leader in the market in that category - india is a low trust country
• price - ?

I Will elaborate it later 

Fun fact:

What percentage of Indian invest in stock market?

2%

While investing in stock markets has become more popular in recent times, overall penetration remains low — only 2.78 crore Indians invest in the stock markets, which is around 2% of the country's population. In comparison, over 50% of Americans own stocks.

what is your Repeatable unit in the business ?

 I have been seeing this phenomenon in every successful business

There has to be a core reason for which your customers are coming back to you again and again.

What is the core utility for which your customer is coming to you, getting retained, and paying your bills every month.

If you can clearly identify it and monopolize that repeatable unit - you will survive in that business.

The difference between getting to the right answer and being right

 1 is a learning process

2 is an egocentric state of existence that is not healthy for long term existence

Financial freedom + Certainty

 If you are helping people gain financial freedom and increase the certainty of financial freedom in their life, they are more than willing to pay you a huge sum of money for the privilege.

Everyone wants to do what they want to do with their time 

Financial freedom is the basis for political freedom and personal freedom, to live a life expressing your core beliefs and choices.

If I can create a system that helps increase the certainty of financial freedom for other humans in their life.

I will have made a meaningful contribution to human history.