The greatest barrier to first-generation wealth is being shut out of the network efforts of established players.
Elite colleges aren’t expensive because of the education. I’ve met and competed against the most highly educated in the world. Most of them don’t read books. The value is in the network.
Network effects have been mathematically modeled, revealing what it now called Metcalfe’s law: “Metcalfe’s law states the effect of a telecommunications network is proportional to the square of the number of connected users of the system.”
With a network, 10 people isn’t only 10 people. Ten people in a network is equivalent 100 people (N-squared), as each person within the network has other connections outside of the network.
In other words, if you “know a guy,” then your guy knows another guy….
Take for example an event I co-hosted with Mike Bolen of Mindset Squared. Mike is a successful real estate developer, and his business partner manages and invests in outside properties. We walked around as they showed me a house they are preparing to flip.
A real estate investor (one guy, Mike) would know
- mortgage broker
- real estate agent (seller side and buyer side)
- handy man
People who attended the event included start-up founders, an entrepreneur who began as a mechanic who expanded into franchising his methods, and many others. Each person knows someone who knows someone, and on and on….
There are two types of networks – information networks and personal networks.
You are inside an information network right now. When you learn from someone you wouldn’t have access to, you’re networking your mind with other minds.
Maybe you’ve never thought about networking that way, and now you should, for two important reasons: Your mind is open to new possibilities as you’re able to expand your network into the living and the deal. And also because what you’re reading becomes who you are.
“You can put distance between yourself and the center of your nation or your family, but you can never totally cut your lines of connectivity. Even when we turn inward, an army of invisible others speaks through our thoughts, twists our emotions, and populates our privacy.” – Howard Bloom, the Lucifer Principle.
How can you create personal networks?
The single best way to form a network is to attend events. I really have no patience for people who say they have trouble meeting people if they aren’t attending events.
The best events are transformative and mindset based, and the best mindset training I’ve ever gone through is Mastery In Transformational Training. (Listen to my podcast review here.) If you want to meet people like [x], then attend an event where people are [x].
Sure, people have social anxiety or whatever, but you need to fix that, and there are thousands of resources on that. Generally speaking, dress to impress.
Compounding Networks and What this Means.
“Compound interest. Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein.
Wealth doubles every 7 years, and the doubled wealth doubles again in 7 years, and on and on. (Read, The Rule of 72.) Compounding interest is why the rich get richer.
The same principles apply to personal networks.
Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest. – Naval Ravinkant
Negative Network Effects.
The upsides of networks include downsides. For example the enemies you make will shut you out of their networks.
Why do you think even very rich and “alpha” men are afraid to admit they voted for Trump?
In Silicon Valley or Wall Street, people who voted for Trump will be shut out of networks. Even one or two noisy haters can shut down a deal, under the principle of The Most Intolerant Wins.
If you make enemies over the years, you’ll lose out on network effects.
Those networks may also conspire against you, as Peter Thiel did against Gawker. Gawker made a lot of enemies, and it appears that its legacy lives on, as many in the fake news media continue to lie about, stalk, and harass people.
It only takes one person to ruin a network. (Trust.)
Successful networks are high-trust, because it only takes one person to destroy a network.
In my own personal network, a person who was indulged by far too many (against my wishes) for far too long wreaked havoc on the personal and professional lives of many by gossiping, back-biting, lying, and overall thinking he was a Secret King destined to rule us all.
You must purge any low-trust person immediately, and if you want to remain in networks, you must exemplify high-trust at all times.
You are your network.
It’s been shown, for example, that having network effects extend to weight management and obesity:
As described in the July 26, 2007, issue of The New England Journal of Medicine, the researchers found that friendships can have a crucial influence on a person’s weight. The likelihood of becoming obese increased by nearly 57% if a close friend had become obese. In same-sex friendships, a close friend becoming obese increased a person’s chance of becoming obese by 71%. The effect was strongest among mutual friends, with the risk of obesity rising by 171% if a close mutual friend had became obese.
Health gains compound over time. Eating dessert now and then isn’t going to hurt anyone, but if you’re out with people who chose clean food vs. appetizers and desserts, you’re going to be nudged into the direction of least resistance.
Your friends’ and confederates’ habits and interests will become your habits and interests.
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Will Mushrooms Save Humanity?
Are “magic mushrooms” for filthy hippies who have checked out of life, or is there more to the story? Fantastic Fungi suggests the answer is yes in a wide-ranging documentary on psilocybin.
Loaded with mainstream, normie voices like Michael Pollan (as opposed to say Eckhart Tolle), Fantastic Fungi succeeds as a documentary for skeptics.
All plant medicine faces intense discrimination and bias, with claims ranging that medicine like psilocybin and ayahuasca are “demonic” or will “send you on a bad trip,” despite a lack of scientific evidence that supervised, responsible use of plant medicine has few downsides and updates that include
- advanced creativity
- freedom from alcoholism and opioid addiction
- higher ability to empathize with others and love more
Microdosing psilocybin has been used by names you’d recognize yet never expect, and indeed many people are shocked to learn that I have a decade-long experience with 5-MeO-DMT, ayahuasca, and psilocybin.
The stereotype of course is that people use plant medicine to check out of reality, when in fact the proper use of psilocybin enhances your ability to experience reality.
People wrongly believe that using plant medicine puts your physical body on a spiritual journey, inverting the truth, which is that your spiritual body in on a journey in your physical one.
We are spiritual beings having a human experience.” – Pierre Teilhard de Chardin
Fantastic Fungi will be enjoyable watch whether you are experienced in these matters or remain a skeptic. To those who are skeptical, grab a cup of coffee or beer (totally not drugs unlike the stuff other people use) and learn about the magic underneath your feet and within your heart.
You can watch Fantastic Fungi here on iTunes.
Bill Clinton on Jeffrey Epstein Island, Victim Claims
Former President Bill Clinton was seen with two women on Jeffrey Epstein’s “pedophile island,” according to Virgina Roberts.
The relevant except says:
When you say you you asked him why is Bill Clinton here, where was here?
Roberts: On the island.
JS: When you were present with Jeffrey Epstein and Bill Clinton on the island, who else was there?
Roberts: Ghislaine, Emmy, and there was two young girls that I could identify. I never really knew them well anyways. It was just 2 girls from New York.
JS: And were all of you staying at Jeffrey’s house on the island including Bill Clinton?
Roberts: That’s correct.
He had about 4 or 5 different villas on his island separate from the main house, and we all stayed in the villas.
JS: Were sexual orgies a regular occurrences at the island of Jeffrey’s house? Roberts: Yes.
You can read the document implicating Bill Clinton with Jeffrey Epstein here: pic.twitter.com/5igNwmjM4y
— Epstein Files Unsealed by Cernovich (@Cernovich) July 31, 2020
Bill Clinton is directly implicated by an eyewitness in the Jeffrey Epstein sex trafficking ring.
Six references to Bill Clinton in Virginia Roberts' chat with her lawyers on April 7, 2011:
Asked about Epstein boasting "Bill Clinton owes me favors," Giuffe said:
"Yes. I do. It was a laugh though. He would laugh it off… I didn't know if he was serious. It was just a joke." pic.twitter.com/InugMgHOz5
— Adam Klasfeld (@KlasfeldReports) July 31, 2020
Jim Jordan Sells Out Conservatives to Big Tech (Read the Confidential Memo in Full)
Labelled “Confidential,” the Jim Jordan Memo is something you’re not supposed to see.
Cernovich Media has obtained this Memo and is posted it in full.
Read the Jim Jordan Antitrust Memo here:
Highlights of Jim Jordan’s Antitrust Memo
- The Memo gives Republican talking points needed to defend Google, Apple, Amazon, and Facebook.
- The Jim Jordan Memo is clear. Zero antitrust action against Apple, Google, or Amazon will be supported by the GOP, and the memo is loaded with talking points defending Big Tech’s monopoly power.
- “Even if this hearing suggests that Google, Amazon, Apple, or Facebook have acted unlawfully, that would not necessarily mean underlying antitrust law needs an overhaul.”
Watch my Video Report of the Jim Jordan Antitrust Memo here:
I obtained the GOP’s confidential antitrust memo for tomorrow’s hearing. It’s a direct betrayal of conservatives. https://t.co/i3S5VfSW66
— Reclaiming My Time Cernovich (@Cernovich) July 29, 2020