Think of your life as a system. Think of yourself as the most important part of the system. Be useful. And make yourself more valuable as you go.
Very much worth listening to.
Here’s more from Adams on goals vs. systems.
Other stuff from Adams’s I’ve linked to in the past:
And you should definitely check out his extremely simply advice on personal finance:
— Make a will.
— Pay off your credit card balance.
— Get term life insurance if you have a family to support.
— Fund your company 401K to the maximum.
— Fund your IRA to the maximum.
— Buy a house if you want to live in a house and can afford it.
— Put six months’ expenses in a money market account.
— Take whatever is left over and invest it 70 percent in a stock index fund and 30 percent in a bond fund through any discount brokerage company and never touch it until retirement
— If any of this confuses you, or you have something special going on (retirement, college planning, tax issue), hire a fee-based financial planner, not one who charges you a percentage of your portfolio.
* I am not a regular listener of Ferriss’s podcast, but I see that he has interviewed some interesting folks.
- By Me Today: 500 Startups Invests in Vietnam
- By Me and a Colleague Yesterday: Morgan Stanley Fund Cuts Valuation of its Flipkart Holding
- By Me Yesterday: China’s Renren Invests in U.S. Startup FiscalNote
- Newley’s Notes 134: Indians in America; Scary AI; Feline Parkour
- Me on Bernard Leong’s Analyse Asia Podcast