"Conflating luck and talent is dangerous."

Hey Everyone,

Hope you're having a great week. Here are a few things I've been reading, writing and pondering lately. Enjoy!

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1. A Quick Read for White People Who Don’t Consider Themselves Racist

I found this to be a very helpful read:

It’s uncomfortable to realise that we’ve been given better opportunities. It almost feels like it’s undercutting your accomplishments. I know, you worked hard to get where you are, this movement isn’t trying to discredit that. It just wants to give other people a chance to catch up; a chance for tangible not theoretical equality.

It reminded me of an article by Scott Galloway in which he says, "Conflating luck and talent is dangerous. As I get older, I’m struck by how big a part luck played in my life, and how much I mistook it for skill."

2. Stripe's John Collison on Growing the Internet Economy

This guy is really smart and Patrick O’Shaughnessy is a pretty good interviewer.

3. Joe Rogan Got Ripped Off by Spotify

As my friend Sean Blanda says, "Always. Own. Your. Platform."

As I pointed out in my last post, if Rogan had added subscription, he would have owned a company that looked like the world’s best SaaS business. Crazy recurring revenue, with low churn and insanely high margins, growing at 25–50% per year as podcasting’s audience grows over time.

This revenue is INSANELY valuable and should be built by him, not Spotify.

Btw, Medium is worth $5/month.

4. Tweet of the Week

There's a lot of smart stuff in this thread.

5. Random Links

• This is kinda cool. Jeff Sheldon knows what he's doing: Analog: The simplest productivity system
• This commercial is .... really something.
• I don't know much about Chip Gaines but this article is really touching.
• Okay, I Googled Chip Gaines and found this video (and it's great): Uncomfortable Conversations with a Black Man - Episode 3 with Chip & Joanna Gaines + kids
• John Fogerty has a really good YouTube channel. Case in point: his family band covers "Lean On Me."

Have a great weekend!

Jimmy

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