I’ve been studying Morgan Housel’s style of posts today. It’s all quite brilliant.
Marketing hack: Make a good product that people need.
PR hack: Do something newsworthy.
Writing hack: Write every day for years.
Learning hack: Read a book. When finished, read another.
Work culture hack: Trust people and pay them well.
Investing hack: Give compounding the decades it requires.
Fundraising hack: Make a product lots of people will pay for with decent or better margins.
Scale-to-a-million-users hack: Make a product a million people need.
Product hack: Solve a legitimate problem.
Making college more affordable hack: Go to an in-state public school and work full time.
Productivity hack: Realize the consequences of being unproductive.
—via useful hacks on Collaborative Fund (2018)
And I looked up his earlier writing on Motley Fool that is more long-form and less evolved as his newer style, but it’s still pretty great.
A strict office dress code is your first sign that things are about to suck.
People get accustomed to their income, but the misery of an awful workplace and long hours are enduring.
Don't suck up to your boss. They can smell your insincerity from a mile away. Impress them with good work.
Realize that a pound of emotional intelligence is worth a ton of book intelligence.
Say "I don't know" when you don't know.
Live in a big city at least once, and not one you grew up in.
Realize that some things you're certain are true are either wrong or incomplete.
Realize that your youth is the biggest investment asset you have. You probably have 40 years in front of you to invest. Warren Buffett couldn't dream about that kind of advantage.
Change your mind when the facts change.
Avoid people who don't.
Realize that rational people can disagree.
Don't make big decisions when you're emotional. The odds that you'll regret them approach 100%.
Realize that everyone's point of view is a product of the people they've met and the experiences they've had in life, most of which are outside of their control. This includes yourself.
—via Motley Fool (2015)