RadReads​ - Should you work harder in a recession?

Or should you just go with the flow?  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Sup friend,

Today we're thrilled to announce the launch of our new Life Operating System template.

The LifeOS is a 100% turnkey system to help you get on top of things and in control of your life. It combines tasks, notes, project management and a personal CRM in one place. The LifeOS is your home base for personal productivity — one app to rule them all. When you purchase the LifeOS, you'll also get 27 short video modules covering our core productivity frameworks and implementation strategies.

BTW, I made my first IG reel. On Tom Brady and Giselle, of course.


Should you work harder in a recession?

When the markets tank, I start acting in odd ways.

I vividly remember the last time this happened. It was the 3rd quarter of 2020.

Day after day, the market would be down. Down 2%. Down 7%. Down 5%.

(BTW, even with this drawdown, what a 5 year run!)

It didn’t seem like there was an end in sight.

So here’s how I changed.

Instead of reading fiction (Gilead by Marilynne Robinson), I started reading business books (Zero to One by Peter Thiel).

Instead of listening to music (“This is Tool” playlist), I started listening to business podcasts (How to start a startup).

I swapped meditation, for an extra cocktail.

And I became emotionally closed off towards my wife and kids. (“Hey. Hey. Daddy’s gotta get back to work.”)

Thankfully, the market rebounded.

And I went back to my healthier behaviors.

Yet with the S&P 500 down 20% YTD (and 25% peak-to-trough) – some of these behaviors have returned.

I feel like I’m fighting a rip current that’s pulling me deep into the scary infinitude of the ocean.

Being caught in a rip is a scary thing. The current violently pulls you away from the shore. You frantically watch the lifeguard station get smaller and smaller.

And here’s the ultimate rub.

If you fight the rip by swimming towards the shore – you lose.

So I wondered, is this an apt metaphor on surviving my first recession as an entrepreneur?


Here are this week's top reads:

// one

Stop saying 'sorry' so much

4 minutes | WSJ

I’m a people-pleaser who fears rejection and struggles to set boundaries. So I’m definitely prone to saying “sorry,” a lot — even when I did nothing wrong. I’ve started to notice when I apologize (for no reason) and have reframed my excuse to not do something (”Sorry I didn’t reply earlier → “My delay is due to a big project I’m working on.”) Has that brought me more power? IDK. But it definitely makes me feel better about myself.

Read the article

// two

Little rules about big things

7 minutes | Collab Fund

A solid list of not-so-little rules about big things that will resonate with our community. Our favorites? Having no FOMO might be the most important investing skill; the process of becoming wealthier feels better than having wealth; and study more failures and fewer successes.

Read the post

// three

The nap bishop is spreading the good word: rest

8 minutes | NYT

How’s this for a crazy idea? Instead of maximizing our time for output, what if we maximized for naps? When faced with the choice, it’s easier to burn yourself out to a crisp than to get some extra sleep.

Read the article

// four

Asking yourself the right questions

3 minutes | Twitter

Asking good questions can be life changing - though actually finding the right ones can be challenging. Crowd-sourced from a billionaire, a PhD Math Professor and a 99 year old man, here are some juicy ones: Am I really happy? Or am I just really comfortable? How will being anxious about this serve me? And am I doing/not doing this out of fear?

Read the tweetstorm

// five

4 ways to combat imposter syndrome on your team

5 minutes | HBR

Irrespective of your experience level, impostor syndrome is no joke. Managers can help employees who are dealing with imposter syndrome in four important ways. First, look for red flags - know when your employees feel vulnerable. Next, frame performance and growth in objective terms, rather than competitively. Third, assign mentors. Last, share your own professional insecurities.

Read the article


// from our community

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Below the Fold

LAST WEEK'S MOST READ

And finally, in honor of T-Swift’s new album — you look like my next mistake.

With gratitude,

Khe

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