“We might as well not limit our ambition, do a favor to our future self, and not limit how big you dream. Because I think if you dream realistically, it’s not a dream.” In this episode, Lakshya shares about his college experiences and starting his own company.
Show Notes and References
- Lakshya’s background (1:27)
- Lakshya’s background in finance (3:10)
- Lakshya’s experience coming to UCSD from India (8:55)
- The biggest cultural shifts moving from India to US (12:05)
- Why Lakshya started Launchora (16:05)
- How to work in remote teams (26:19)
- Stories on Launchora (29:30)
- Four Hour Work Week – Tim Ferriss (http://www.amazon.com/gp/product/0307465357)
- The Defining Decade – Meg Jay (http://www.amazon.com/Defining-Decade-Your-Twenties-Matter–/dp/0446561754)
- Disney War – James Stewart (http://www.amazon.com/DisneyWar-James-B-Stewart/dp/0743267095)
- Tipping Point – Malcolm Gladwell (http://www.amazon.com/Tipping-Point-Little-Things-Difference/dp/0316346624)
- What advice would you give to your 20 year old self? (39:27)
- What is one thing you find to be true that most people would disagree with you on? (42:30)
When I was in third grade, my friend told me that cracking my knuckles would give me arthritis.
I had no clue what arthritis was, except for the fact that it sounded scary and was probably something that I didn’t want.
Then I was scared. I had often watched my father leisurely crack his knuckles, and was suddenly terrified that he would get arthritis.
I didn’t know what to do. Should I tell my father to quit his habit before arthritis took over his whole body and all hell broke loose? I decided against it. My friend was probably just making something up on the playground.
Besides, I knew that my father was an extremely wise man, and could probably beat my friend to a battle of wits any day. I played a game of chess with my father every weekend, and from his track record of winning every single game, I believed my dad to be invincible. He was the hero of the household that I went to whenever I had any sort of philosophical, technical, or otherwise outlandish questions.
In my freshman year of high school, one of my friends set up his own server and had his own blog running from it. I was jealous. I wanted to have a website too, but I had no idea how to do it. So I marched up to my father and demanded that he set up a server for me. He gave me a weird look at first, but then agreed. Within a couple weeks he had installed linux on an old laptop for me and I was uploading html files to a dynamic dns website.
I felt like I was on top of the world.
of course, I had no idea what I was doing, couldn’t tell the difference between PHP and HTML code, but was extremely satisfied at the fact that I did something that few other kids my age did.
My father showed me how to use wake on LAN to turn on my server from my desktop, and how I could use cd and ls to navigate around the filesystem.
A couple instances I nearly broke the server through my experimentation, and was extremely embarrassed to tell my father. I made mistakes that I had no clue how to reverse, and even hours spent on Google couldn’t rectify the damage I accidentally did to my server. When I finally approached my father again, he sighed and graciously came over to help me fix my machine.
But of course, my father got no credit when my friends were impressed by how I had my own website. I was more concerned by how much attention I could get via the internet instead of thanking my father for enabling me to set up all that stuff. Parenting really is a thankless job.
Situations like this happened over and over again, big and small, continuously through my high school career. In my junior year of high school, I built a quadrocopter with my dad doing most of the hard thinking and educating. But since I was the one with the soldering iron in my hand, I took all the credit.
And on top of that, as I progressed through my teenage years, I had more gripes about my parents than I had nice things to say. I saw all the flaws, shortcomings, and problems of my family and wondered if things would ever change. And even though I recognized that my family got along much better than some of my other friends’ families, I was still completely oblivious to what an insanely amazing pair of parents that I had.
Coming to college, I looked for father figures, mentors, and people that I could receive advice from. I found myself among an incredible group of mentors that gave me incredible advice, guiding me in directions I never dreamed possible.
But somewhere along the line, I looked back at my development through middle school and high school, and realized that my father was more present than I had thought while going through it. I thought about him setting up a server for me, and helping me to build my quadrocopter.
It’s crazy to think that I could have gone through my entire life and missed that. In fact, it makes me wonder how parents feel when their children don’t recognize the sacrifices that they make for their kids.
Ultimately, what matters is unique to each person, and I can’t make that definition for anybody but myself. But something about the human condition is most powerful in it’s ability to connect people together.
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The two common beliefs when talking about life principles is that either they are absolute or they are relative.
I’d like to suggest that most principles that are true also have opposites that are true. More often than not, they’re two sides of the same coin. Being successful has never been about fitting in with a crowd, but about standing out. Standing out in ways where you’re doing things so extreme that the people around you don’t fully understand you, if at all. It’s about doing things that are so extreme and different that no one else is doing in order to create opportunities that no one else will have.
Throughout history, the most successful and well-known individuals have always been people with extreme strengths as well as extreme weaknesses. It’s the extreme traits, not the fact that they did everything by the book, that they made something noteworthy. All the famous inventors, scientists, philosophers, revolutionaries, and entrepreneurs had someone try to talk them out of it at some point.
But on the contrary, life isn’t usually very enjoyable when things are taken to the extreme. Blending in is easier, more comfortable, and less resistant to making friends with the people around you. The entrepreneur that tries to fit in with a crowd isn’t going to get much further than everyone else in the crowd, even though they may have a better social life. Being surrounded by like-minded people is powerful, but yet limiting. And having a powerful mentor can be the best thing that’s ever happened to you.
While both of these are deeply valid points, they exist in contradiction to each other. It’s hard to distinguish when you should do something despite what an expert says, and when you should listen to what they say as a mentor figure. It’s hard to know when to stand out and when to blend in, and when to persevere or pivot.
The challenge of the entrepreneur isn’t in the risk, but understanding when to take which extreme in order to build a company that truly matters.
This past weekend, I had the privilege of meeting hundreds of young, ambitious millennials at the Thiel Summit in downtown Vegas. In the midst of Peter Thiel talking about finding something to believe in that few people would agree with, I found many of my peers trying to fit in with what people around them were doing. Many of the summiters weren’t taking the message as a challenge to find the unique truth to hold onto, but trying to integrate themselves into a growing community of people who believe similar things from an entrepreneurial standpoint.
Whenever I find that too many people believe the same thing that I do, I take the time to reconsider what I really believe.
I don’t do this to purposely stir up controversy (although I used to), but to identify the nuances that make what I believe in uniquely different than what most other people believe. I like to explore the extremes in order to see how far I can stretch my perspective and understanding in order to better identify how to think about things.
In fact, I find that sometimes doing the exact opposite of conventional wisdom gets you closer to your goals than following the conventional wisdom.
“Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with course and rough dress, saying to yourself the while: ‘Is this the condition that I feared?'” – Seneca
When it comes to talking about poverty, there is a distinction to be made. The word is generally used to talk about people who don’t have much materially, but people (correctly so) have been using poverty to describe a mindset and attitude that extends much deeper than simply what you have.
Thus, there is poverty as a mindset, and poverty as a condition.
Poverty as a mindset is a factor of believing there is never enough, that you have to desperately beg and fight to get your way through the world, and that you have to desperately protect everything that you have.
The poverty that Seneca is referring to in his work is not poverty as a mindset, but poverty as a condition. The sheer fact of being willing to give up all the “riches” that you may have for a couple days at a time is an impetus for remaining in a place of not only understanding what other people go through, but it allows you to regularly refresh your perspective on material things.
It’s a dichotomy of never settling for less than the best, but also being willing and humble enough to make it through with as little as possible and not complaining.
Mark Bustos, as introduced to me by Ramit Sethi, is a barber in New York City that spends his weekends giving haircuts to homeless people on the street. And although Bustos is a barber at one of the most high class shops in town, he takes his weekends to humble give back to the community.
Contrary to the Machiavellian leanings of writings from influencers such as Robert Greene, generosity is a deeply powerful force that is able to empower people to truly make a difference. And although I don’t disagree with Greene’s work, I find that there is a dichotomy in between having an abundant and intentional mindset while also being extremely generous and open to the things around you.
The idea of practicing poverty is one that I’ve been thinking about lately, as it’s very easy to allow your means to influence the way that you live. Just as people abstain from food by fasting, or even the “technology fast” that has been increasingly popular, choosing a regular interval to fast from extraneous things helps us to remain resourceful in the way that we approach life.
Today I have the honor of sharing a conversation I had with one of my closest friends / mentors. Brandon has been one of the biggest influences on my journey, and much of who I am today can be attributed to him.
Show Notes and References
- Brandon’s background as a child (3:12)
- When Brandon began thinking for himself (5:20)
- Education of Millionaires by Michael Ellsburg (http://www.amazon.com/Education-Millionaires-Everything-College-Successful/dp/1591845610)
- Brandon’s journey through education (7:35)
- Brandon’s learning framework (12:55)
- The 4 Hour Chef by Tim Ferriss (http://www.amazon.com/4-Hour-Chef-Cooking-Learning-Anything/dp/0547884591)
- The learning framework applied to learning piano (15:00)
- The biggest gaps between learning and education (17:50)
- Brandon’s journey after college (18:23)
- What recommendations would you give younger people? (24:45)
- Start with Why by Simon Sinek (http://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591846447)
- Ramit Sethi (http://iwillteachyoutoberich.com/)
- How to network (29:55)
- How to Win Friends and Influence People by Andrew Carnegie (http://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034)
- Never Eat Alone by Keith Ferrazzi (http://www.amazon.com/Never-Eat-Alone-Expanded-Updated/dp/0385346654)
- The Power of Habit by Charles Duhigg (http://www.amazon.com/Power-Habit-What-Life-Business/dp/081298160X)
- Habits and attitudes that change everything (33:56)
- How Brandon does his mornings (38:12)
- What success means to Brandon (40:18)
Peter Thiel talks about how in economics, competition and capitalism are opposites.
In a similar thread, I’ve been thinking about the effects of competition and grades when it comes to our education system. The system is set up with the belief that grades play two main roles: the role of measuring how much you’ve learned, and the role of motivating students to do better. But as a side effect, grades breed competition.
And then there’s learning. Just as competition and capitalism are opposites, I find that learning and grades are also opposites. Learning a very personal endeavor, and is always best achieved by having personal agency and drive to learn. By standardizing learning and encapsulating it within grades, we have taken out the most powerful force of learning and turned it into more of a routine.
And even though grades don’t inherently cause competition, they do create a quantified gauge of an arbitrary number that is supposed to reflect how well you’ve learned. But unfortunately, instead of serving as a guideline, many people use their grade not to reflect how well they have learned, but how well they will be able to avoid the punishment that comes with receiving poor grades – whether it be social, academic, or otherwise.
Learning is also a very organic process. It’s a process in which you take in knowledge presented by another human being and you integrate it into your own life. It’s almost an adaptation of knowledge into understanding and application.
I’ve found that I do my best learning through personal curiosity, creativity, and self-directed practice. I find that a very good way to get myself disinterested in a subject is to take a class on it.
Learning is most powerful when it is organic, and our education system is often the furthest thing from organic.