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Compounding, Internal Scorecards, Asking for help

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Compounding, Internal Scorecards, Asking for help

Avthar's Weekly Wisdom #66 (10/11/2021)

Avthar Sewrathan
Oct 11, 2021
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Compounding, Internal Scorecards, Asking for help

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Hi friends,

🔥 I’m Avthar, a South African technology entrepreneur and learning enthusiast based in New York City. This digital letter is where I share practical wisdom about self-mastery, entrepreneurship, health and happiness, all to help you live better. 

My guarantee is that you’ll discover one thing that will help you change your life in every edition. As a reminder, you can find all previous editions of this newsletter in the archive. And you can find more of my writings at avthar.com.

First, a bit of an announcement: There'll be no new short essays until the first week of November 2021. I’m working on a few new essays, one being A Beginners Guide to Intermittent Fasting, another on Natural Leverage and another on my experience working with a Spiritual Coach. 

However, I’m currently driving 10+ launches in a single month at Timescale, so I’m taking a break from writing new pieces for the rest of October in order to recover and focus on my mental and physical health.

But there’s good news! I’ll be sharing one of my most popular past essays for new readers to check out (and for folks to read again!). I’ll also continue curating my favorite tweets, podcasts and videos so you can look forward to that.


Tweets of the week

I’m trying something new this week. I spend a lot of time on Twitter each week (probably too much for my own good). Each week I come across profound, useful and insightful tweets. Here’s the top 10 tweets I found while browsing Twitter this week:

Twitter avatar for @avthars
Avthar.com 🇿🇦🇺🇸 @avthars
How to ask for help, transcending your self-image, and the keys to a productive life. 🧵 My 10 favorite tweets of the week:
1:35 AM ∙ Oct 11, 2021
2Likes1Retweet

Here are the top 3 from the past week:

How to ask for help:

Twitter avatar for @shl
Sahil @shl
When asking for help, make sure to answer the question “What have you tried?”
2:20 PM ∙ Oct 4, 2021
1,756Likes236Retweets

The keys to a productive life:

Twitter avatar for @RyanHoliday
Ryan Holiday @RyanHoliday
The keys to a productive life… ...wake up early ...limit interruptions ...make a little progress everyday ...say no (a lot) ...learn from your mistakes ...pick yourself back up when you slip ...waste no time measuring yourself against other people
5:01 PM ∙ Oct 8, 2021
2,723Likes460Retweets

Transcending your self-image to do more than you ever imagined:

Twitter avatar for @unicodeveloper
Bar Raiser @unicodeveloper
Lol I can’t believe that I convinced myself at 20/21/22 that coding alone was what I was capable of. I’m way better at other things than code. Technology exposure can open your eyes to many possibilities in the same sector.
1:11 PM ∙ Oct 9, 2021
334Likes47Retweets

And a bonus from me on the power of the internal scorecard:

Twitter avatar for @avthars
Avthar.com 🇿🇦🇺🇸 @avthars
Dear ambitious young person, Don’t get sucked into the external scorecards of life: grades, performance reviews, likes/followers. Live your life with an internal scorecard, where you decide what’s important and live according to your values.
2:06 PM ∙ Aug 30, 2021
3Likes4Retweets

Throwback essay

“The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.

I always pose it this way. I say: ‘Lookit. Would you rather be the world’s greatest lover, but have everyone think you’re the world’s worst lover? Or would you rather be the world’s worst lover but have everyone think you’re the world’s greatest lover?’ Now, that’s an interesting question.

If all the emphasis is on what the world’s going to think about you, forgetting about how you really behave, you’ll wind up with an Outer Scorecard.”

- Warren Buffet

For more on why you should define successful for yourself, why Warren Buffet swears by this idea and examples of what’s in my own internal scorecard, see my essay: The Internal Scorecard


Podcast of the week

Compounding Your Way To Wealth (Listen on Apple Podcasts | Spotify)

Compound Money Quietly is quickly becoming the go-to podcast for my 15min morning walks. The host, Chris Franco distills timeless investing wisdom from folks like John Bogle, Charlie Munger and Warren Buffet in every episode. It’s a great way to escape investing FOMO and remind myself of what’s important in the long run

This episode provides a deeper understanding the power of compound interest, specifically how you can use it your advantage in investing and in life


🙏 Thank you again for reading and for your support! I wish you a week of happiness, success and peace!

With gratitude, 

Avthar

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