I decided to quit sugar when I learned that it was the main reason for my acne. First I experimented with quitting sugar for a week to see if acne would clear, it did. I have tried limiting my sugar intake before by not buying any sugar products and only eating sugar if it was offered to me for free, but this quickly fell apart because I would be simply too addicted. So using clear skin as my main motivator and concentrating on that, I decided just to quit once and for all. I thought about my highschool english teacher who was allergic to sugar. I thought about how back then I felt bad for him, but now I wish i was allergic to sugar. Thats when I had my brilliant idea: why can't I be allergic to sugar. From that thought on, whenever I came across a situation where I was offered sugar, I would tell them that I was allergic to sugar. Since these situations came often I pretty much told everyone I was allergic to sugar and couldn't back out without getting caught and looking like liar. It worked. I quit completely and started telling the truth instead: "I was telling people i was allergic in order to quit sugar". My friends found it humorous that I took such extremes to quit and was shocked that I wanted to. I no longer needed to lie to them and telling them what I was doing had the same motivational effect as telling them I was allergic since I was already a month in.
A few tips and pointers:
I've found that a good substitute for dessert is an Americano (no sugar added) with a little bit of milk. The milk helps the bitterness of coffee. But now I just drink it black and it tastes good. Also, Tim Ferris talks about a method where he binges and then downs a cup of coffee after. Apparently coffee somehow mitigates bad food. I have tried it after a sugar binge and found that I did not gain acne the next day.
Also, think about how much money you save by not eating sugary snacks. Allow yourself to buy good food from nice restaurants whenever you want from that saved money. Tell yourself, I can eat gourmet meals now because I don't eat sugar.
If you haven’t been following basketball this season, you still might hear about how the Lakers have struggled. Laker management’s loss of composure reached its peak when they fired their head coach weeks ago.This is a recurring theme not only in sports, but in decision making as a whole.
As long as the team is winning, bad sportsmanship is tolerated, selfish shots are acceptable, and lack of dedication is overlooked; all sins are forgiven. Once the team hits a loosing streak however, fingers get pointed and owners go apeshit.Most of us think like this too. As long as our grades are decent, its no sweat, I’ll worry about it later. Then we get our test back to see that one F, and we freak out. We start pulling all nighters, we start bugging the TAs, taking Aderol, and scheming up ways to cheat.It is much better to do the opposite instead. When times are going well, we should be constantly reevaluating and looking for ways to improve our performance. When times are bad, we should take a step back, look at the bigger picture, and resist the urge to make drastic moves that could cost us in the near future.
In International Trade we learn the idea of comparative advantage, and how countries benefit from trading with each other if one is better at producing a commodity than another.
Within the first few lectures the professor will emphasize that a country doesn’t need absolute advantage for trade to be beneficial, just comparative advantage.
I think this concept can be applied to team dynamics.
I went over my managerial accounting homework yesterday and discovered something interesting. The problem was a standard expected value problem in which given 3 choices with multiple possibilities, we were to decide which choice was optimal.
After calculations there were 3 options: choice A had an EV (expected value) of 20k, choice B’s EV was -4k and choice C’s EV was 14k.
What shocked me was that although the answer A was correct, the solution still recommended option C because it had the lowest coefficient of variation (the lowest risk per dollar invested).
I thought about this for a minute. Why do we care about risk? Isn’t EV just EV, period? Why would I choose anything with lower EV?
I thought about my past involvements with risk/reward scenarios such as poker or fantasy football and came to the conclusion that humans, (especially myself), are inherently bad at understanding risk. I think this is because of the limited amount of time we are given. Risk is a negative factor because we are given a set amount of time and we literally don’t have enough time to see the risks play out. After all, we only have 16 games of fantasy football before a champion is determined that season.
Two days ago I attended The Santa Barbara Business Expo, my first networking event. Almost all the business blogs and books I’ve read give importance to networking and nothing convinced me more than when I met with my friend Jackie, a real estate agent. I asked her how business was since she had only become a licensed for a few months earlier, and from what I know about real estate, it takes years to get clients. But she told me that she’s busy and business keeps coming. What? How? I asked her what she did for marketing, and how she sought clients.
“Well, it was really easy. I found some real estate agent networking events to go to, and this guy I met told me he was leaving for Shanghai and gave me all his clients”.
My eyes widened. Of course there was some luck to this, and I couldn’t help myself from being jealous. I had spent the past few months, thinking of a business identity and value proposition, targeting my niche, sending out cold emails, meeting with potential middlemen …and Jackie just goes to a networking event and gets handed business.
I worked a lot for my mentor, Dan Chung. All of us did. Of course there were some of us that worked a lot harder than others, I always got yelled at for working little and I admit there were many times when I would weasel my way to taking a short break. But I always did some amount of work, I wasn’t as lazy as I seemed.
Dan says that a good manager can just peek into the room once in a while and know who’s slacking. Then why couldn’t Dan see that half the time I did shovel dirt, line bricks, mop floors, and wipe tables. I deserved more credit than that, or so I thought.
Most workers think like this. That doing some work entitles you to some credit, some appreciation. But it doesn’t. There is no difference between half-work, and no work.
The boss’s only concern of the worker is that the worker gets the job done, or tries relentlessly. If a task isn’t fully completed, then it serves no purpose for the boss.
Expected Value is the Profit or Loss from a decision times the probably of that happening.
Box A has a 25% chance of giving you 30 dollars, a 50% chance of giving you 20 dollars, and a 25% chance of giving you 10 dollars. It costs 15 dollars to buy box A, what is your expected value?
30-15=15 ; 15 x .25= $3.75
20-15= 5 ; 5 x .5 = $2.50
A few months ago I was talking to my friend Tony, a video producer. He said his business was going well but he’s relying too much on his former company referring him business and has no idea how to generate business for himself. Since I am interested in marketing and selling, I told him I would market his services for him with a 30% cut. He agreed.
I started off as clueless as he was. I knew that marketing required segmenting the population, and really zoning in on the target niche. However, almost anyone with a product or service could benefit from video production. My assumptions were that those who demanded video production services didn’t need much convincing, but I had no idea how to find these people.
I posted in Sebastian Marshall’s community section and someone commented that while he (the commenter) was working as a web developer, clients told him that they needed these services. This gave me an idea.
I could target the middleman, the people whose clients may demand my services: marketing agencies, graphic design agencies, and web development agencies.
Lucky for me, I had already located an example email script. I pulled the email script from Ramit Sethi’s book, “Finding Your First Profitable Idea” and tweaked the wording.
Yesterday while buying a handle of vodka, the vodka bottle pierced through the thin plastic bag.
I looked at the shop owner like ...the bag broke.
He looked back and condescendingly replied "oh yeah the bag broke? So it was the bags fault"
I hesitently nodded.
"Take another bottle and have a good night"
I think I’ve finally crossed the path out of complete beginner. I closed my first client two weeks ago, got paid for the first time last week, and I’m waiting for 3 potential clients to sign and pay the deposit. For a while I thought I’d be sending out cold emails forever. I also thought I’d be clueless when pitching to clients forever. Now, my hands still jitter when I walk into a meeting, but I enjoy pitching to clients face to face now. I can honestly say that the thought “Why do I have to meet them in person, can’t I just pitch to them through email?” has completely left my mind.
There’s a few things I’ve noticed from my progression that I’d like to highlight:
-I’ve found books like The Sales Bible, Selling to Vito, Spin Selling to be very boring. I learned the most about sales from Ramit Sethi’s creative live session. (Note: I would get Earn1k but I can’t afford it. Also, I don’t really like Ramit, or his blog. I find his style of writing arrogant and his free material gimmicky. But his creative live session really is what’s helped me the most).
-When starting out, it’s very tricky to balance doing work for cheap to get experience, and saying no to jobs that constrict you in pay and/or creativity.
-Mentors save you a lot of time, although, finding a good mentor is really hard. I was asking everyone for advice: my professors, my parent’s friends, friends, even strangers at networking events.