Burnout sucks.
It brought me to a really low place in 2021.
The scary part is that no one is immune to it.
Here is my story (and the 3 tools I use to take care of myself to prevent burnout):
PREDICTION: There's a mass extinction event coming for early & mid-stage companies. Late '23 & '24 will make the '08 financial crisis look quaint for startups. Below I explain when, why & how it will start & offer *detailed advice to founders* on surviving the looming die-off. /1
KPMG & Techboard suggest start-ups are in for a rough ‘23. “If you are late-stage & burning cash then you will have to cut opex to get your burn under control and buy time. Investors will not invest in up rounds unless revenue growth has been stellar”
So disappointing that Australia is not up there; in fact we ranked No 25. Time to stop being the “lucky country” and become the “smart and diligent country”.
Over the last 12 years, Switzerland has ranked at the top of the innovation index on the strength of its IP laws and local economic strength
VC Creator Program's @GilbertFontana details the top 10 most innovative countries from 2011-2022 https://visualcapitalist.com/cp/12-years-of-worlds-top-10-innovative-countries/…
If you dread cold showers or a cold plunge first thing in the morning, you stand to benefit more, not less from the long lasting adrenaline & dopamine increase it triggers. No obligation; there are many other tools to select from. Avoid deliberate cold after workouts however.
In the first nine months of 2022, Google hired 30,300 employees
They recruited 21,000 new people in 2021
and 16,000 in 2020
And just laid off 12,000
This seems like important context for stories about a tech "slowdown"
Highly recommend the ColdFusion YouTube channel for well researched and considered discussions at the intersection of technology, economics and social change. Independent media of this quality rule IMO.
Just crossed 4 million subscribers! I can't believe it. I'm so humbled, thank you all. Also really excited about some of the things coming this year so stay tuned!
As people come to terms with the weight of our new environment, they are slowly beginning to realize how radically things have changed. One area in particular that has changed - the required level of "corporate performance" needed to simply survive (let alone thrive).
At age 25, you give your hedge fund manager $100K to manage, and he produces an annual return of 8%.
Assuming a 1.5% management and 20% performance fee, by the time you retire at 65, you will have $764K.
But the manager will have $1.24M (at zero initial investment!)
When one of the most impressive contributors to AI says that 80% of his code is now written by AI…
…big thing are coming for the world of programming, dev tools, infra et al.
Perhaps one doesn’t need to learn to code after all?
Nice read on reverse engineering of GitHub Copilot . Copilot has dramatically accelerated my coding, it's hard to imagine going back to "manual coding". Still learning to use it but it already writes ~80% of my code, ~80% accuracy. I don't even really code, I prompt. & edit. twitter.com/parth007_96/st…
Interesting piece dissecting the differences by demographic. I love driving a manual and wouldn’t have it any other way but it feels like a declining skill.
The popularity of stick shift vehicles among Americans has declined dramatically over the last three decades. There’s no question that automatics make driving easier, but how do they stack up to manuals on safety?
http://bit.ly/3vbrqYC
I just released my free Annual Planning Guide!
The printable PDF includes:
• Simple goal-setting framework
• 4 system-building mental models
• Strategy for adjusting throughout the year
You can download the beautiful (and free!) printable PDF here: https://sahilbloom.com/annual-planning
Constellation Software is a $30b+ publicly-traded software holding company employing more than 25,000.
A former venture capitalist, Mark Leonard started Constellation in 1995 with $15m of outside investment & a goal of buying vertical software companies.
! Flipping the standard perception here is liberating. Love how you say…. “It’s no longer a question of what we can do in spite of our age. Now, it’s about what we can do because of our age.”
Everything we thought we knew about aging is wrong.
Before the 1970s, scientists thought of aging as a long, slow rot.
Everyone agreed: depression, loneliness, and cognitive decline were inevitable, and there was nothing we could do about these facts.
Not so fast:
This week, when “the news” slows to a trickle like clockwork, you learn that “the news” is a product manufactured by corporations to capture your attention by manipulating your emotional state.
! As Sacks notes, the thirst for independent media is strong, and for good reason. Thought provoking discussion and steelman debate. Essential listening.
World Rugby acting quickly on their Shape of the Game conference in November. From Jan 1, and for men's Six Nations, we'll have:
- Shot clocks (90s for conversions, 60s for pens)
- 30s scrum formations
- Lineout hurried up
- Less TMO
- Other positive bits https://telegraph.co.uk/rugby-union/2022/12/22/reducing-tmo-input-scrum-time-limits-part-world-rugby-drive/…
As the festive season draws near, we would like to wish our clients, partners and friends in the Coevolve community a safe and prosperous Christmas and a Happy New Year.
Good thread. “Vegetables not candy” is a nice way of summarising as we look for a balance in the middle, not the pendulum at one extreme swinging over to the other extreme.
Based on the conversations I’ve been having lately with people leaders and company execs, I think we’re in the middle of a substantial change in how companies are thinking about performance management.
The awe-inspiring "Blue Marble" photo was taken 50 years ago today, yet each time I see it, it serves as a fresh reminder of our planet's beauty and fragility. This is humanity's only home, and we must do our best to protect it.
Like what you hear? Check out Sherpa now: https://learnwithsherpa.com
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DM me content I should include.
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