😉 Stoic Superstar Founder

Plus: The Power of Systems; Nikhil Kamath shares valuable investment tips.

Author

Chai Sip
April 24, 2023

ISSUE #057

☕ Good Morning! Sippers,

As we navigate through the challenges of building and growing a startup, it’s important to remember that we’re not the first ones to face these struggles.

In fact, many historical figures have left behind valuable lessons that can be applied to our modern-day endeavors.

One such figure is the Roman emperor Marcus Aurelius, whose stoic philosophy and leadership principles have stood the test of time.

In today’s Issue 📬 :

  • Quotes That Will Make You a Stoic Superstar Founder.

  • The Power of Systems.

  • Nikhil Kamath shares valuable investment tips.

SIP WORTHY

6 Marcus Aurelius Quotes That Will Make You a Stoic Superstar Founder

Here are six of his quotes that can provide valuable insights for startup founders:

1.” 🤯 You have power over your mind – not outside events. Realize this, and you will find strength.”

As startup founders, it’s easy to get caught up in the daily chaos and external factors that we can’t control. But Aurelius reminds us that the true power lies within ourselves and our ability to control our thoughts and reactions. By focusing on our mindset and inner strength, we can better navigate the ups and downs of entrepreneurship.

2. ” 🕰️ Waste no more time arguing about what a good man should be. Be one.”

In the startup world, there’s often a lot of talk about what it means to be a successful entrepreneur or a good leader. But instead of getting caught up in these debates, Aurelius encourages us to focus on actually embodying these qualities. By being the best version of ourselves and leading by example, we can inspire our teams and make a real impact.

3. ” 🩸 The best revenge is to be unlike him who performed the injury.”

When faced with competition or adversaries in the business world, it’s easy to get caught up in a cycle of retaliation and negativity. But Aurelius reminds us that the best way to overcome these challenges is by taking the high road and being a better person than those who may have wronged us. By focusing on our own growth and success, we can ultimately come out on top.

4. “😃 Very little is needed to make a happy life; it is all within yourself, in your way of thinking.”

In the fast-paced world of startups, it’s easy to fall into the trap of thinking that more money, more resources, and more success will lead to happiness. But Aurelius reminds us that true happiness comes from within and our own perspective. By cultivating a positive mindset and focusing on the things that truly matter, we can create a fulfilling and meaningful life.

5. ” 🧲 The impediment to action advances action. What stands in the way becomes the way.”

As startup founders, we’re bound to face obstacles and challenges along the way. But Aurelius encourages us to see these roadblocks as opportunities for growth and progress. By embracing the challenges and finding creative solutions, we can turn what may seem like setbacks into stepping stones toward success.

6. ” 🤞🏻 Do every act of your life as if it were your last.”

Finally, Aurelius reminds us to live in the present moment and make the most of every opportunity. As startup founders, it’s easy to get caught up in the future and the endless to-do lists. But by approaching each day with intention and purpose, we can make the most of our time and create a meaningful legacy.

We hope these quotes from Marcus Aurelius provide some inspiration and guidance as you navigate the world of entrepreneurship.

⏰ Remember to stay focused, stay positive, and stay true to yourself.

IMPROVEMENT SIP

The Power of Systems

“You do not rise to the level of your goals. You fall to the level of your systems,” wrote James Clear, author of the best-selling book “Atomic Habits.”

In today’s world, goal setting has become the norm. We are often told to set big goals and work hard towards achieving them. However, what if we told you that your goals are not the most important thing?

What if we said that it’s your daily habits that really matter?

“Your goal is your desired outcome. Your system is the collection of daily habits that will get you there.” This quote by James Clear highlights the fact that while goals are important, they are just the end result. It’s the daily habits that you cultivate that will ultimately determine whether or not you achieve your goals.

We often hear about successful people who have achieved great things. However, what we don’t hear about is the daily habits that they had to cultivate to get there. For example, Michael Phelps, the most decorated Olympian of all time, didn’t become a champion swimmer overnight. He had to practice for hours every day, and this daily habit is what led to his success.

Clear argues that we need to focus less on outcomes and more on the habits that precede those outcomes. This means breaking down our big goals into smaller, more manageable habits that we can work on every day. By doing this, we can create systems that will help us achieve our goals.

“Excellence is not a destination; it is a continuous journey that never ends,” wrote Brian Tracy. Success is not a one-time event. It’s something that we have to work on continuously. By focusing on our daily habits, we can make progress every day toward our goals.

HOT SIP

Nikhil Kamath shares valuable investment tips in his podcast

What’s sipping? ☕ Zerodha’s co-founder Nikhil Kamath is a well-known figure in the investment world, thanks to his insights into the stock market.

In the second episode of his podcast, ‘Unedited with Nikhil Kamath,’ he discusses various topics, including social media and his meeting with Bill Gates.

💰 Investing Tips: Kamath starts by discussing common mistakes that traders make when investing in the stock market. He then suggests some simple ways for retail investors to generate great returns.

According to Kamath, buying the NIFTY 50 or investing in five large-cap companies has been a profitable strategy in the past 30-40 years.

📊 Taxation: Kamath also notes the significant gap in taxation between generating income through the stock market versus regular salary or business. He highlights that investing in stocks incurs a 10% long-term capital gains tax, while earning money through business attracts a higher 30-40% tax.

⚠️ Caveats: Despite the potential opportunities in trading, Kamath warns that the stock market has many issues that investors should be aware of. He believes that it is the responsibility of intermediaries, like Zerodha, to educate people and help them make informed decisions.

🎙️ Podcast Episode: Kamath’s podcast episode featured social media influencer Tanmay Bhat, Umang Bedi, co-founder of VerSe, and Aprameya Radhakrishna, Founder, and CEO of Koo. The discussion focused on the challenges and issues surrounding social media.

Investors looking to make informed decisions on the stock market can benefit from Kamath’s podcast and investment tips.

QUICK SIPS

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Amitabh Bachchan has a hilarious response as he gets blue tick back on Twitter: ‘Paise bharwa liye aur kehte ho free…’

How West Delhi brothers duped 20,000 Americans in $10m scam.

Alphabet CEO Sundar Pichai earned $226 million last year.

The Unpleasant Essentials.

With CHAI ☕

🔚 Ceo: Kotak Mahindra Bank CEO Uday Kotak to take a non-executive role after the end of tenure.

🇮🇳 How to: honor the legacy of Savitribai Phule.

👩🏻 Aww: She looks so confused.

🌟 It’s Interesting: Glasgow, Montana, is the most isolated town in the contiguous U.S.

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