Time Capsule #55
On goal setting, the Mongols, and the case against crypto.
✏️ On Goal Setting
Setting goals is a common practice for many people, particularly in the new year. However, the benefit from goal-setting does not come from the attainment of the goal itself, but the processes and actions that are put into place in the pursuit of that goal.
Let us use the classic example of a gym practice or weight loss goal as a New Year’s resolution. If one makes the goal of losing 20 pounds by the end of the year, to reach that goal will require certain lifestyle and attitude changes to make that a reality. You will have to become a person who is disciplined in your diet and goes to the gym every day, even when you don’t feel like it. You will, in essence, have to become a person who is able to delay short-term pleasure and gratification in the exchange of potential rewards in the future. This transaction of short-term pleasure for future success is the crux of all goal-setting — you must give up a part of your old yourself in order for a new self to be born. It is not so much about the 20 pounds, but more so about the journey and transformation along the way. This principle applies to most goals, whether they be professional or personal in nature. In order to achieve something you have never had, you need to do something you have never done.
Lifestyle and mentality transformation is the key to initiating change and unlocking potential in your life.
📸 Photo of the Week
📖 Book of the Week — The Horde by Marie Favereau
Many of us have heard of the Mongols. They are infamous conquerors, and under the leadership of the great Chinggis Khan they created one of the largest empires the world has ever seen. This book is a deep dive into The Horde, which was more than just a military superpower — it was a rich and unique cultural, social, and political entity that left a lasting impression on Europe, Russia, Central Asia, and the Middle East.
Shoutout HG for this gift/recommendation.
💭 Quote of the Week
For one human being to love another human being: That is perhaps the most difficult task that has been given to us, the ultimate, the final problem and proof, the work for which all other work is merely preparation.
Rainer Maria Rilke
🔭 Sunday Best
Apple & China — an interview with Doug Guthrie, a China scholar who led Apple University’s leadership work in China. Amongst many things, he discusses why China’s supply chain network and manufacturing power is an integral, and perhaps irreplaceable, ingredient to Apple’s success.
The Case Against Crypto — crypto, particularly in the Twitterverse, has become a hot topic. People have made millions in crypto, and not having any exposure in the crypto market can make one feel like they are missing out. But has the momentum surrounding the crypto movement blurred our vision around the potential risks and downsides? Stephen Diehl lays out his 4 main points in the case against crypto.
Emirates FA Cup: Swindon Town vs. Manchester City — Cole Palmer stars as City hit 4.
Prem soon come.
💡 Food for Thought
If you can avoid it, never make a critical decision in the heat of the moment. Always take time to reflect, removed from the emotion of the situation.