Compounding, Internal Scorecards, Asking for help
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Compounding, Internal Scorecards, Asking for help
Avthar's Weekly Wisdom #66 (10/11/2021)
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:
Here are the top 3 from the past week:
How to ask for help:
The keys to a productive life:
Transcending your self-image to do more than you ever imagined:
And a bonus from me on the power of the internal scorecard:
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