Refined Money

@galacticwarbler @dieworkwear The middle got wiped out. Now money’s at the top and bottom, nothing in between. Companies follow the money so they build for luxury or trash.

@refinedjournal @dieworkwear Wealth inequality also explains some of this--the top 10% of earners are responsible for almost 50% of consumer spending. And if you look at the top 10 fashion companies by market cap, they're all high-end luxury brands or fast fashion/discounters.

Many people feel like they're at a loss for mid-tier clothing, trapped between expensive designer luxury and disposable fast fashion. But it's not because mid-tier clothing has disappeared; it's just harder to find. I wrote something for Bloomberg about this transformation. 🧵

@signulll Culture beats strategy every time because a CEO who doesn’t speak the language of the place kills it from inside. Nike’s problem wasn’t the strategy and it was someone who didn’t understand what the brand meant to people

nike is the prime disastrous case study in what happens when you hand the company to an outsider ceo (saas guy) who doesn’t speak the native language of culture… both internal & external. there are numerous examples of this happening & very few learn from it. it happened to bumble when saas ppl took over. arguably happening to starbucks right now too, although at least the dude was from food. apple learned this lesson the hard way during steve era. happened to microsoft during balmer era too. it’ll be interesting to see how it plays out if ai co’s ever have to hire post founder ceo. that person had to be culturally aware both internally & externally, without this skill set they will not only fail but also basically set the co back years & years.

@authLinden @mindsetmachine Yes and time’s the only thing you can’t get back. Once it’s gone it’s gone. People who guard it ruthlessly end up somewhere different

@mindsetmachine Invest in yourself. Since time is our most valuable asset, spend it wisely. We cannot save it.

The best investment you can make is in yourself. Knowledge, skills, mindset, and experience are assets that no one can take away from you.

@SKisAFK @mindsetmachine Its pain forces change before that you’re comfortable enough to ignore the gaps

@mindsetmachine The strange part is most people wait until life breaks them before they start investing in themselves. Pain becomes the permission slip. The people who grow early usually stop needing outside validation later.

@mindsetmachine Literally everything you own can be lost but the knowledge compounds. The ones who invest in themselves early are playing a different game by 30.

@theemberphantom Build something they need and they pay to be near you.

Money flows to the useful. If you want to accurately feel what it is like to be rich. Imagine you had superpowers. Imagine you were a man who could click his fingers and your mother’s cooking is done. With the wave of your hand, your neighbour's sink is fixed. Imagine if everyone in the neighbourhood knew of your powers, Imagine them clamouring and fighting over your attention, Offering you bribes and services for a spare second of your attention. That’s what it feels like to be rich. That’s what it feels like to be a useful person. Chase utility and the money will follow.

@theemberphantom Yes and while you’re talking, they’re listening

@refinedjournal Quiet people are dangerous because they spend more time observing than performing.

A man who listens more than he talks usually knows more than he lets on.

@tferriss Basically the people who got hurt the most often give the most. Breaking the cycle means doing the thing nobody did for you right?

“Give more. Give what you didn’t get. Love more. Drop the old story.” — Garry Shandling

@Book_therapy223 @mindandglory Yeah you feel the difference immediately. The weight lifts and suddenly you move

@mindandglory Lost a mate last year who’d shoot down every goal I mentioned, left me wiped after every hang. Audited my circle hard and my drive’s been unstoppable since.

As a man, the connections you protect should energise your vision, not drain it. Audit everything and everyone.

@mindandglory People who take energy cost you momentum. Cut them quick or they’ll convince you that slowing down is wisdom.

@Wordofwise_ Your inner circle usually plays small. They’re comfortable and want you comfortable too but listening to them costs you a decade.

“The number one reason people fail in life is because they listen to their friends, family and neighbors.” — Napoleon Hill

@QuintinoX @mindandglory He knows exactly what he’s capable of because he’s already done the hardest part

@mindandglory A quiet man who rebuilt himself from nothing carries a different kind of presence.

A quiet man who has rebuilt from nothing carries a stillness that men who have never lost anything will never fully understand.

@VdvVadim @mindandglory Yes and once you survive something hard, the fear changes.

@mindandglory The deepest confidence is often not optimism. It’s knowing you survived once already.

@itsme_urstruly Curiosity takes time unfortunately people traded it for convenience and notifications. The ones still asking questions are the only interesting ones left. Everyone else consumed the same content.

The older I get, the more I admire people who still have genuine curiosity. People who read, explore, notice things, and care deeply about art and music. It feels rare now.

@lynk0x Quiet wealth means no one knows because flashy people are always one month away from broke. The quiet ones just keep stacking while nobody’s watching.

Quiet wealth looks like: - No car payment. - Emergency fund untouched. - Investments on autopilot. - Zero lifestyle pressure.

@karunpal Inner coherence looks like stubbornness from the outside but the ones with it don’t need approval because they’ve already decided. That alignment is what moves mountains.

Most successful people I've met share one trait in common: inner coherence. An inner certainty that whatever they're obsessed about will somehow work out. Even if it looks delusional to other people. They don't care. They believe in that delusion. They align their thoughts, emotions, values, beliefs, and actions to a single pointed purpose. And that's what creates that inner coherence. And it comes from slowing down enough to really understand what truly matters to you in life.

@jaynitx Competitors are easy to watch but customers are harder to understand. Bezos stayed obsessed with what they needed. Everyone else was busy copying each other

Jeff Bezos reveals the single thing he says made Amazon successful more than anything else "The number one thing that has made us successful by far is obsessive-compulsive focus on the customer, as opposed to obsession over the competitor" "I talk so often to other CEOs, founders, and entrepreneurs, and I can tell that even though they're talking about customers, they're really focusing on competitors" "It is a huge advantage to any company if you can stay focused on your customer instead of your competitors" "Then you have to identify who is your customer. At the Washington Post, is the customer the people who buy advertisements? No, the customer is the reader, full stop" "Where do advertisers want to be? Advertisers want to be where there are readers. So it's really not that complicated"

@WealthInc247 people who can answer that clearly are already ahead. Most people move because they have to, not because they know why

What motivates you in your life that keeps you going on?

@NavalQuotes247 @naval Comfortable people plateau. Slightly hungry keeps you moving. Too comfortable and you stop pushing really the edge comes from knowing what you’re missing.

"The optimal zone for performance is “slightly hungry.”" @naval