Hey friend,

Hope you’re having a great weekend and enjoying time with family. Happy 7th night of Hanukkah, Merry Christmas Eve and happy holidays.

This week, I elaborated on a divisive (and viral) tweet on the "poco loco" nature of having $5mm.​

A special shout-out to our entrepreneurs, consultants and small business owners. In January we’ll be launching our 12th cohort of Supercharge Your Productivity — our flagship course on achieving $10K Work mastery.

Get access before you close the books on 2022 (I’m doing that for a few courses) for that juicy tax-deductible learning expense.

PS Have you checked out our YouTube channel? (We've got some 🔥 in store for 2023)

When $5mm isn’t enough

“Five’s a nightmare.
Can’t retire.
Not worth it to work.
Five will drive you un poco loco, my fine feathered friend.
Poorest rich person in America
The world’s tallest dwarf.
The weakest strong man at the circus.”

This is a make-believe comment from the make-believe show Succession.

In the scene, one of the naive heirs (Conor) to the patriarch’s billions (Logan Roy) boasts about the $5 million he’s due to inherit. That’s when his swashbuckling NYC/Hamptons relatives set him straight.

Now I had seen succession, but had forgotten the aforementioned “Poco Loco” scene when I posted a throwaway tweet last Saturday night:

Khe Hy @khemaridh You're 35. You live in the US. You have $5 mm in net worth (incl. home equity) True or False: You never have to work again for $. December 17th 2022 94 Retweets 2,172 Likes

Damn, that sh** went bonkers.

It got 2 million impressions. And 1,200 responses. From both sides of the aisle.

Here’s a recap of all the arguments – mathematical, absurd and profound.

Here are this week's top reads:

// one

Kingly giving

4 minutes | Shannon's Room
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Are you a generous and giving person? We can start with giving to charities — old clothes, time and money. But what if there was a “higher level” of giving, in the words of the Mindfulness teacher John Cabot Zinn: “Practice sharing the fullness of your being, your best self, your enthusiasm, your vitality, your spirit, your trust, your openness, above all, your presence.” That’s Kingly Giving and knowing that “we have an untapped reservoir of richness at all times.”

→ Read the post​

// two

How to process all of your invoices

5 minutes | RadReads
​

It’s 9:57 pm on a Thursday night and you’re scrolling. Just a few more clicks. Check Slack. Twitter DMs. One more scroll through TikTok. One last email check. Inbox anxiety is no joke. How about an alternate way of living where you can get to inbox zero in all the inboxes, social media sites, and communication platforms in one fell swoop? Yep, it’s possible and my colleague Marian Knopp shows you how.

→ Read the post​

// three

How founders can avoid drive-by management

2 minutes | Andreas Klinger
​

Suggestions from your boss can wreck havoc on your psyche. Is it important? Urgent? Needed to be done yesterday? Or just a passing comment. How can you avoid this communications anxiety? Establish an internal code with your team so they have context for understanding your ideas. Define what you mean by a “suggestion” or “recommendation.” Be explicit, and make unspoken norms spoken.

→ Read the post​

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// four

Wanna spend $100/month? That'll be $30,000, please!

3 minutes | Money with Katie
​

​Financial independence means you’ve got enough in the bank that you never need to work again. And then there’s financial freedom: the point at which money isn’t the first consideration you give to any decision. It can be hard to conceptualize financial independence because exponential compounding defies conventional intuition. Money is meant to be spent, but it’s also a limited resource. Understanding this balance is key to actually feeling financially free.

→ Read the post​

// five

Advice for new college grads

9 minutes | The Enlightened Caveman
​

It’s easy to fall into the trap of thinking that good things are supposed to happen all the time and when they don’t — it’s someone else’s fault. How can one counter this worldview? By understanding that frustration is all about unmet expectations, that good things in life take work and that careers change over time. And rethink what you really want — and why.

→ Read the post​

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Below the Fold
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LAST WEEK'S MOST READ

• ​The Truth about Costco pants (RadReads, 1,459 clicks)
• ​How to find your principles (Julian Shapiro, 385 clicks)

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And finally, the most viewed TikToks of 2022.

With gratitude,

Khe

PS Are you looking for a gift for the raddest people in your life? We’ve got our Supercharge Your Year Holiday Bundle - a package of our best trainings AND the LifeOS.

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