Hey there. Tim here.
My wife and son are back in Nashville. Thank gawwwddd.
Digital Commerce Partners is the content marketing and SEO agency from me, Brian Clark, and Jon Nastor.
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1. How I Broke Mental Barriers That Stood in My Way
For most of my life, I have been nervous and shy and insecure.
It took me years to build the confidence to put myself out there and to share my ideas with the world.
It is almost impossible for you to be successful, until you break the mental barriers and the limiting beliefs that hold you back.
This week's article is a bit different. I'm going to share with you the personal journey I went on that allowed me to rid myself of the limiting beliefs that help me back for most of my life.
I hope it helps.
2. This Ecomm Site Breaks All the Rules (and Still Wins Big!)
On this week’s episode, Ethan and I talk about the incredible case study of Meh.com, an ecomm site that breaks all the rules and still finds massive success.
This is the most ridiculous and awesome success story we have found so far. We laughed so hard during this episode.
I have no doubt you will love it.
Click here to listen on iTunes and click here to listen on Spotify.
In addition, you can click here to see the full video with show notes.
3. How to Get Out of Your Own Way
Warren Buffett calls him the smartest man he knows: Charlie Munger. And his speech "The Psychology of Human Misjudgement" is a masterclass on the mind. Here are the 25 cognitive biases you need to know to understand human behaviour: pic.twitter.com/XVhfZ2jqQu
August 3rd 2022
It is my strong belief that the majority of the problems in your life are created inside your own mind. I can't even begin to count the amount of trouble I would have saved myself if I simply did nothing, as opposed to trying to "do something to fix the problem."
When there is a problem in my life, I want to immediately get to work to solve it. Although I believe there is value in action bias, there is also extreme value in first principle thinking.
Charlie Munger is a master at this. He views all of his decision making through a very specific lens. He vary rarely tries to "solve problems" but rather makes decisions based on probabilities.
The idea is that all of human thinking is flawed. The most likely outcome is that you will make the wrong choice.
So take the variables out of the process and instead, recognize your cognitive biases.
I loved this thread written by Kieren Drew. It's fun and insightful and a completely practical method to base your decision making off of.
Click here to read the entire thread.
4. The Different Types of Digital Products (Bootstrapper Members Only)
Okay, so now you know how to create a digital product, but how do you decide which is right for you?
Whether you’re stuck trying to figure out what your first digital product should be or want to build your next one, today we’re going to break down the pros and cons of the most common digital products so you can decide which ones are right for you.
Let’s get started.
P.S. - Thinking about joining The Bootstrapper. Use discount code timstodz at checkout for 30% off.
5. How to Create Multiple Streams of Income
In order to create more than one stream of income, you need to own assets.
Simply put, an asset is anything that puts money in your pocket. Having a lot of money is not going to get you rich, because eventually, money loses it's value through inflation.
Instead, you should think of wealth as ownership of assets.
In this video, I will teach you the systems I have used to create a portfolio of wealth generating assets. In addition, I'll show you the playbook I have been using to slowly buy assets that compound on each other.
6. Big Tech Needs to Work with the Pentagon
I admit, I had no idea who Palmer Luckey was until a few weeks ago. I watched a video of his presentation at The All In Summit, where Palmer spoke about some of the problems with the United States Defense System, and then highlighted why defense spending is so important.
It's a touchy subject. I have no desire to fight a war with anyone. The biggest problem in the last 40 years has been the endless war that the United States has been in. It's incredibly stupid.
But I also have a realistic understanding that I would much rather have the best military in the world, than not.
As such, Palmer Luckey is creating a stir in our public conversation, by putting Big Tech companies on blast and calling them out for being non committal in defending America.
Imagine what would happen to Apple if China shut down their manufacturing. (Also, did you know that 95% of Apple's manufacturing is in China?) 🤯
Anyway, I highly recommend reading this article. It's important.
7. Three Critical Tips for Beginner Writers Who Don't Have an Audience Yet
I could share my top tips for beginner writers all day long. It’s one of my favorite things to do because the start of anyone’s writing career is a very exciting time.
You’ve likely decided to be a writer because you can’t not write. You’re enthusiastic about crafting the right words and have great writing habits.
The choice was bigger than you. It’s something you have to do … or at least try to do …
Or maybe you should stick with what you’re used to doing? Leave writing to others with more experience? What were you thinking?
Yeah, I’ve been there.
Here are tips for writers who are afraid to start.
8. You've Gotta Be Kidding Me!
One of my guilty pleasures is watching dance videos.
I'm not ashamed to say that I've wasted many Sunday's watching YouTube videos of "Top 10 World of Dance Performances."
Somehow, I stumbled across this improv.
Yes, as in IMPROVISATION. How int he world did these two make this dance up on the spot ... together?
It's incredibly beautiful, sexy and inspiring. Check it out.
August 10th 2022
Whoever invented the work "lifehack" should be permanently banned from the internet.
10. Final Thought - "Conditioning"
My Muay Thai trainer is old school. He knows that technique is important, but he also knows that most fights are won with conditioning. Muay Thai exhausting. In most cases, the fighter who is able to maintain composure and continue executing the technique while under physical duress is the fighter who wins.
So every Tuesday, my trainer pushes me just a bit past the point of where my conditioning can properly support me. He brings me right to my physical breaking point, and then he pushes me slightly past it.
Tonight, we started with …
- 100 skip knees (which are the most exhausting)
- 50 double knees on the right
- 50 double knees on the left
- 100 alternating push kicks
- 50 teep kicks on the right
- 50 teep kicks on the left
- 50 checks into a right kick
- 50 checks into a left kick
After every kick I throw, he’s yelling at me. “HARDER! GET YOUR KICKS UP! HARDER! COME ON, THROW IT HARDER!
It’s insane. I can row 12,000 meters for an hour straight and it’s nothing in comparison to this. It’s such a shock to your system.
By the time we get to the clinch work and the pad work, my body is in complete shut down mode.
What’s frustrating is that each week, I am able to perform the conditioning aspect a bit better than I was the week before. So I know I am improving.
But as I improve, the challenge increases.
It sucks. It’s miserable. But I wouldn’t have it any other way and I keep going back for more. I’ll keep going back for the rest of my life.
For me, success in life has always been about stamina. I’ve never been the strongest, or the fastest, or the best. But I’ve always been well conditioned.
I can think of multiple lacrosse goals I’ve scored in the late game, simply because the person guarding me couldn’t breathe. I stick with problems way longer than I should. It’s intentional. I genuinely believe that everyone else will quit before I do.
Sprinting is easy and inefficient. Sprinting is a bad method for success.
Consistent output is how you win. And in order to perform at a high level (in anything in life) you need to be properly conditioned.
I felt terrible tonight. By the time we were hitting pads at the end of training, I could hardly move my arms. It was embarrassing and I finished feeling like I had been hit by a bus.
But I am a little bit better than I was yesterday. And tomorrow, I will benefit from the work I put in today.
Conditioning wins fights. Stamina is how you separate yourself from the pack. There’s nothing that can bring a person to their knees faster than not being able to breathe. So work on your stamina, because all you have to do is outlast everyone else.