Pbd's 5 moves for the week
March 25, 2023
1. Reflect

Four laws of economic freedom: Freedom to buy. Freedom to sell. Freedom to try. Freedom to fail. The last one sucks, but if we don't allow companies to fail, we indirectly give permission for irresponsible behavior.

Your Move

Vote against politicians who support bailouts or backstops, which are just another form of crony capitalism.

2. Stat of the week

The same strategy that helped you win as an underdog won't work if you're a favorite.

Your Move

You must continue to adapt. Use the leverage from being a favorite while maintaining an underdog's mentality who is obsessed with beating Goliath.

3. Strategize

Why are only 49 out of the original Fortune 500 companies from 1955 around today?

Your Move

Duplicate and stay paranoid. If you want longevity, you have to build leaders. You also must innovate. Especially with Artificial Intelligence, if you take your foot off the gas, you're going to be out of business quickly.

4. Read

Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan. I chose it because the same person who recommended Unreasonable Hospitality said it was a must-read.

Your Move

Listen to the people who want to help you. If someone you value makes a suggestion, and you know their motive is to see you get better, move at the speed of instruction.

5. Perspective

Long-term relationships. I got nostalgic at Mario's wedding because I realized that most of the people at the wedding have been in my life for nearly two decades.

Your Move

Learn how to manage conflict. This may sound like an odd thing to say now, but there's a reason I have so many long-term friendships. We don't just deal with conflict; we tackle it head-on and use it as a way to grow closer.

Future Looks Bright!
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5 MOVES FOR THE WEEK