Paul Graham

$2.5-billion Renaissance man’s advice for how to spend your evenings and afternoons

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Back in August, I wrote about Paul Graham. Graham is worth an estimated $2.5B.

That’s because a part of what Graham does is invest in early-stage startups, such as Airbnb, Stripe, Dropbox. But Graham is more than just an investor.

He is also an entrepreneur himself — he started and sold multiple businesses. He is also a computer scientist and somewhat of an inventor — he created his own new programming language. He also paints paintings, writes books and essays, and for all I know, sings opera.

In other words, Graham is as close to a Renaissance man as you can get in 21st century.

Anyways, a couple days ago, Graham wrote a new essay in which he made the following argument:

In the science fiction books I read as a kid, reading had often been replaced by some more efficient way of acquiring knowledge. Mysterious “tapes” would load it into one’s brain like a program being loaded into a computer.

That sort of thing is unlikely to happen anytime soon. Not just because it would be hard to build a replacement for reading, but because even if one existed, it would be insufficient. Reading about x doesn’t just teach you about x; it also teaches you how to write.

Would that matter? If we replaced reading, would anyone need to be good at writing?

The reason it would matter is that writing is not just a way to convey ideas, but also a way to have them.

Cue my Insights & More Book Club.

This is a bonus I am offering with the Age of Insight live training.

With the Insights & More Book Club, you can get exposed to new books that I will choose specifically because they are likely to be insightful and perspective-shifting.

You can also see the kinds of notes I take and ideas I have as I am reading the book — I will share them with you as I go along.

And of course, you can read yourself. ​And then, we can get on a call every two months to discuss what we’ve read and how to use it.

​​In this way, Insights & More is both a book club — with quilts and tea and cookies — and a mastermind where we can talk about ways to apply ideas from the reading to your marketing and content and even offers.

By the way, I’ve realized over the years I am very good at getting info and ideas out of books. But I am also very, very slow. Hence, only one new book for the Insights & More Book Club every two months.

So if you are interested in ideas, writing, or making money, then you might be interested in joining my Age of Insight live training, and the Insights & More Book Club.

Registration closes in three days, on Wednesday 12 midnight PST. But I am only making this training open to people who are on my email newsletter. To get in before the doors close, sign up for my newsletter.

Bejako goes back to school for a push

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I went back to school today. For the first time in 10+ years, I sat in class, behind a desk. With a bunch of other little idiots next to me, I listened to a smiling teacher as he pointed to his chest and said, “Me llamo Rubén. ¿Cómo te llamas?”

This went on for the better part of four hours, from 9am until 1pm.

For four precious hours, we went through the elementary particles of the Spanish language, presented at a snail’s pace. For four hours, I practiced saying the same damn things a million times to various Italians, Germans, and Greeks who were in the class with me.

You might have your doubts that this is an effective way to learn a language.

I have reasons to believe it will be useful.

And in any case, I’ll only do it for this week. This time investment (and during my most productive hours!) is not sustainable for longer than that. But I figure it’s worth doing at the start to kick things off.

And this brings me to one of the most valuable ideas that has shaped how I have run my career.

For example, I got going as a freelance copywriter by charging $5 for a 7-part email sequence.

Do you think that’s a shockingly low rate? Do you think I allowed myself to be exploited?

Who cares. I did it for a week and then I increased my rates a bit. And then a week later, I increased my rates a bit more. And then a bit more still.

Point being, it’s easy to fix and improve things once you get them going. But in most cases, the getting going is the hard part.

This isn’t my idea or observation, by the way. This is something I was fortunate enough to read a long time ago in an essay by somebody very rich, very successful, and very smart. Here’s what he said:

A lot of would-be founders believe that startups either take off or don’t. You build something, make it available, and if you’ve made a better mousetrap, people beat a path to your door as promised. Or they don’t, in which case the market must not exist.

Actually startups take off because the founders make them take off. There may be a handful that just grew by themselves, but usually it takes some sort of push to get them going. A good metaphor would be the cranks that car engines had before they got electric starters. Once the engine was going, it would keep going, but there was a separate and laborious process to get it going.

The guy who wrote that is Paul Graham, a multimillionaire computer programmer who started the early-stage investing firm Y Combinator (Airbnb, Coinbase, Stripe).

Graham said that one of the most common pieces of advice they give Y Combinator is to Do Things That Don’t Scale.

Now at this point, I had a valuable caution to give my newsletter readers about Graham’s bit of advice. But I’m not including that on this public archived post. I often reserve the most valuable and important ideas for my newsletter readers. I have to reward them somehow. If you’d like to join them, and start getting my daily emails, you can sign up here.

Reddit vs. Hacker News: How to get better customers, clients, readers, and business partners

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Paul Graham is a computer programmer, writer, and early-stage tech investor.

His startup fund, Y Combinator, helped start a bunch of famous companies, like Airbnb, Dropbox, DoorDash, Instacart, Zapier, and Reddit.

The total valuation of all Y Combinator companies is now over $400 billion. Y Combinator owns 7% of that, or roughly $30 billion.

Really, the only reason I know this is because I’ve been a regular reader of Hacker News for the past 14+ years.

Hacker News is a news board. Graham started it in 2006 as a way of sharing interesting ideas and getting connected to tech talent. Today, Hacker News gets over five million readers each month.

I’ve been thinking about creating something similar, just with a different focus. So I was curious to read Graham’s 2009 article, What I Learned From Hacker News, about the early experience of creating and running HN.

This bit stood out to me:

But what happened to Reddit won’t inevitably happen to HN. There are several local maxima. There can be places that are free for alls and places that are more thoughtful, just as there are in the real world; and people will behave differently depending on which they’re in, just as they do in the real world.

I’ve observed this in the wild. I’ve seen people cross-posting on Reddit and Hacker News who actually took the trouble to write two versions, a flame for Reddit and a more subdued version for HN.

Maybe this only stood out to me because something I’ve thought and written about before.

Your content, marketing, and offers select a certain type of audience. That much is obvious.

What is less obvious is that your content and marketing and offers also change people. Because none of us is only one type of person all the time.

So if you want an audience that’s smarter, that’s more respectful, that’s more thoughtful and less scatterbrained, then make it clear that’s what you expect. And lead by example.

This can be transformative in your everyday dealings with clients, customers, readers, and prospects. And who knows. It might even become the foundation on which you build a future online community.

If you found this interesting, you might like my email newsletter. You can sign up for it here.