A word from a CEO #66

by Basilis Kanonidis

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What I wish I knew

Hi all –

A few weeks ago, I posted a list on LinkedIn of things that I wish I knew (and lived by) when I was younger. I talk about many of these things a lot, but thought it might be helpful to share here as well as a full list, so here it is:

  • Read every day. It doesn’t matter what. It doesn’t matter if you “finish the book.” Just read.
  • Find mentors who have achieved success in what I want (love, happiness, community, parenting, financial)
  • Double down on what’s working and don’t stop until it stops working
  • Avoid shiny new distractions. AKA Focus. AKA see above.
  • Prioritize learning from history. AKA you aren’t special. Cheat code = read books that have lasted the test of time AKA old books.
  • Prioritize the biggest rocks each day. Feel no guilt if you never get to the small rocks.
  • Momentum is all the things. Keep the streak going. Search for the perfect wave and ride it as long as you can.
  • Great opportunities are much rarer than you think. Go all-in when you find the few in your lifetime.
  • Study it and restudy it. Understanding Social Psychology, human decision making, and cognitive biases is worth more than all the leadership, business, and self-help books in the world. Seriously.
  • Be patient. A few great actions/bets repeated are worth a million tiny actions.
  • Seek arbitrage opportunities. Invest when others won’t, hold back when others are greedy.

I got some amazing responses when I asked what else people would add (that likely will make their way onto a part two of this list). So I want to ask you all…what did I miss?

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