Your Student Debt is Unfair

You hear a lot of complaints about student debt, and how maddening it is to be $40,000 in the hole at age 23 and still not have a job that requires a degree.  The case for the unfairness of student loan debt is that these kids didn’t know better.  It’s kind of a pathetic excuse, but it’s often true.

12 years in an education system where you are constantly pummeled with the promises of higher education and the perils of any deviation will make you overvalue a degree.  You’ll never be warned about the cost, or how debt can limit your options.  You’ll only be told about the magic $1 million in lifetime earnings that is supposed to find you as soon as you find your major and graduate.  It’s a system. Obey it, and the statistics will magically bring you what they bring the average of the past aggregate, as long as your behavior correlates with theirs.

Starry eyed teens get grants, aid, scholarships, loans, and complete a bunch of paperwork with their parents to just get in to the best possible college they can based on rankings they’ve never really studied.  They get endless praise upon graduation and more upon heading off to college.  Finally, they’ve made it!  The rest of life will simply unfold successfully as if on autopilot.  What’s the worst that could happen now?  You’re getting a degree, so you’re set!  You’re on the right side of the data!

Young people get good enough grades, do some extracurriculars, and get the degree.  Once more they are celebrated.  Then, for perhaps the first time in 20 years, they leave the confines of a controlled environment shielded from the world of value creation and exchange.  No one is overly impressed with their ability to fit into the system.  People want to know what they bring to the table.  Can they crunch meaningful numbers without being assigned?  Can they sell?  Can they code?  Can they digest the complexities of markets and customers and make judgments on the fly about how to preempt problems?  Not really.  Those things take experience and context wholly lacking in most educational institutions.

So they struggle.  They don’t like what they do, or they can’t find work much better than what they could have gotten right out of high school.  It’s OK though, they have time to learn from the real world right?  Except they’ve got college debt to pay in addition to living expenses.  That awesome company they were going to volunteer for in order to gain skills?  Not so easy with the need to earn enough to make loan payments.

Grads are in a bind and they feel kind of ripped off.  They feel betrayed.  They feel lied to.  Where is that high school guidance counselor who pushed them to college?  Will she pay the bills?  Where are the parents who were so proud?  Will they want their kid to move back home?  It can be pretty rough.

So yes, it’s unfair.  But the worst possible way to respond and improve things is to say it’s unfair over and over.  Say it once, get it our of your system, move on.  The fairness doesn’t matter.  Sometimes you’ll act on bad information.  Sometimes you’ll have regrets.  Sometimes other people’s plans for you aren’t best and you’ll suffer for following them.  So what?  Talking about how sad or unfair it is does nothing for you but reduce the chances that you’ll actually make things better.

Yeah, you were led to believe this degree would pay for itself immediately and without difficulty.  Yeah, because you were handicapped by the system you were incapable of realizing for yourself what the decision to go into debt might mean and how it could play out.  That’s the past.  What will you do today?

The good news is, it’s not that big of a deal unless you let it be.  Laugh at it, roll up your sleeves, and reboot your expectations about the world while building every day.  Devise a payoff plan and a life improvement plan.  Lots of people have done it, so can you.  The past is past, you are where you are, and no amount of bitterness, protest, or hoping for some political savior to bail you out will do you good.  In fact, it might destroy you.

Oh, and if you have kids of your own someday, let them experience enough of the world outside the walls of schools so that they know better than to blindly follow the advice of authorities seeking to do them good.

Episode 23: Sam Patterson on OpenBazaar, OB1, and the Decentralization of Everything

Sam Patterson works on the OpenBazaar project, building a distributed, peer-to-peer marketplace for the world. His team recently received media attention for landing a $1m investment from prominent VC firms Union Square Ventures and Andreessen Horowitz to launch a company called OB1.

We discuss what OpenBazaar is, how it differs from traditional online marketplaces like eBay and Amazon, and from others like Silk Road. We also touch on his unique personal and professional journey and his decision to unschool his kids.

‘Easy for You to Say’ is a Dumb Phrase

I wrote an article not long ago about how I learned to get a lot done without being busy.  A lot of people liked it and shared stories and thoughts, almost all positive.  I did get something I didn’t expect, however, from a small number of people.   Some women Tweeted comments to the effect of, “Easy for you to say, you’re a man. I bet you foist all the work onto your wife.”  I did not take offense and offered lighthearted responses, but it got me thinking.  What does that kind of comment, or the mindset from which is springs, actually accomplish?

Examples of this are common.  A wealthy investor might write an article with tips on how to make money in the market, and commenters will say something like, “Easy for you to say, you had millions already and all the expert tools and advice to take such gambles.”  My friend told me about an article where a young guy claimed to be reading a book a day and described the huge benefits of massive book consumption.  My friend admitted he had to check his first reaction, which was, “Yeah, I bet he doesn’t have a wife or a lot of financial obligations, so it’s easy for him to read that much!”  He checked that reaction because he knew it was stupid and utterly useless. In fact, it’s worse than useless.  It’s destructive.

No one has the same set of circumstances.  An article with advice is either useful to you or it’s not.  You either agree or disagree with the points and claims therein.  What kind of life the person writing it leads is irrelevant to the value of the information for you.  Until this sinks in, you’ll spend a lot of energy looking to play “gotcha” and pointing out when good advice isn’t universally applicable.  So what.  No advice is universally applicable.  All that matters is whether it’s helpful to you.  If it is, implement it.  If not, move on and find some that is.

I got to thinking about the responses to my article about busyness.  The comments seem to imply that it is impossible for me to be both productive and not busy without also forcing my wife to do a lot of things she doesn’t want to do and suffer for my freedom.  Do they really believe there is no possible way to be productive and not busy without abusing a spouse in some way?  If so, why read articles like mine anyway?  If not, why make the comments?  Even if my wife was stressed and bearing the brunt of our joint venture, that wouldn’t make my advice more or less useful to someone else.  Again, it either works or it doesn’t.

I suspect people look at advice on how to be happy, financially successful, informed, artistic, healthy, or whatever, and if they feel guilty that they are not they want to find some reason to prove that it’s impossible to be.  Saying, “A ha! This author is only (insert desired trait) because they have something I don’t!” is an easy way to excuse yourself.  It’s also terrible for you.  Who cares if it’s true?  So what?  So the author can invest more money than you can.  Does it follow that you can’t improve on any margin?  If you think that’s the case, stop reading how-to’s.  If you have no chance of gaining from anyone’s advice because they might not have identical circumstances, why not just give up?  Eat, drink, and be merry, for there is no possible way to learn ways to progress!

You gain nothing by attempting to prove that the bearer of some advice has some special advantage that makes implementing it easier for them.  Take it or leave it, but for your own sake, don’t look for an excuse to believe you are incapable of improving your life.

7 Super Simple Steps to Launch a Podcast for Less than $240

I’m a tech novice.  Editing a blog post in WordPress is about the height of my interest and skill level when it comes to digital content.  When a friend kept urging me to launch a podcast and see if I liked it, it sounded fun but I was skeptical.  It seemed so much harder than blogging.  There was no one place that gave a really simple, step-by-step explanation on how to do it.  While I don’t pretend to be an expert and my podcast could definitely improve in some areas, with a little help I was able to get it off the ground and regularly produce episodes without much trouble.

I guarantee there are better ways to do every step on this list, but I’m a to-the-point kind of guy, so I basically did all the easiest, most obvious things instead of searching for something better.  If you want to get started quickly and easily, these steps will work!

1. Mic and headset (~$88)

You don’t need anything super fancy to sound pretty good.  I have old Plantronics headset that has a built-in mic.  It was about $29.  The built-in mic is actually good enough that it’s not distracting.  My first episode was recorded with it.  But I decided to spring for a slightly better mic.  I went to Amazon and found an Audio Technica mic for $59.  I’m very happy with the sound quality I get from the mic, and I use the headset at the same time to eliminate feedback.  Both require no software and the computer recognizes them as soon as they’re plugged in.  The biggest downside with the mic I chose is that it’s really only good for one person talking directly into it.  I tried a few interviews with guests in the same room with me, and it’s hard to get even volume levels with people at difference distances from the mic.

2. Intro/outro music (~$29)

You could go without music or record your own, but I decided to buy a simple intro/outro.  I went to PremiumBeats and listened to a few dozen samples before I picked one.  I paid $29 for a song, downloaded it, and then was able to cut it into smaller sections and add voice over for an intro.  The downside is I suppose someone else could be using the same song for something else, but it seems a pretty low risk.

3. Editing software ($0)

I wanted to go cheap and simple, so I took advice from a friend and downloaded Audacity.  It’s pretty plain vanilla, but it does everything I’m interested in doing right now.  After downloading I opened it, imported the intro music file, was able to use simple cut and paste tools to trim it down, do fade in/out effects, and then record a voice over to go with the music.  My favorite part about Audacity is how easy it is to edit multiple tracks and the simple, visual layout.  After editing you simple click “export audio” and it spits out an MP3 after asking you to fill in the “tags”, which includes info like track number, title, date, etc. (which is great because this is what iTunes and other podcast hosting platforms use to pull the info from).

4. Recording software ($0)

If you’re recording a solo podcast, as I occasionally do, Audacity is all you need.  It works fine for in-studio guests as well.  If you have a guest across the country, however, you’ll need a way to record the call.  I downloaded CallGraph for free and it works really well with Skype.  Recording begins automatically when Skype sessions start and the file is saved to whatever location you choose when you setup CallGraph (and a copy goes to the cloud temporarily as well).  The only occasional issue is when CallGraph fails to sync with Skype, which seems to happen only if I move my laptop from one WiFi network to another without first shutting down and restarting.  A simple restart does the trick.  Be sure it’s syncing before you begin!

5. Conference call software ($0)

As I mentioned above, I use Skype.  The main reason is because I already know how, everyone else has some experience with it, and it works so well with CallGraph.  I know people who prefer Zoom (which allows recording without any third party software), or Google Hangouts, but I’ve found Skype to be no worse than the rest and easy for guests to use.  When I installed CallGraph I had to follow instructions to go into Skype settings and allow the CallGraph plugin to work with it so it would record.  Skype sometimes cuts out if broadband is sketchy, but I have been able to get the guest back and just edit out the bad spot later.  The main thing is to remind your guests to find a quiet room and headphones.

6. Hosting (~$120/year)

Once you record your intro and outro, get a guest on Skype, let CallGraph record it, import the file to Audacity, edit it into a wonderful episode, and export the file to your podcast folder, now what?  You’ve got the finished product, but how do you post it for others to easily listen and share?  I love SoundCloud.  It’s really easy to upload files to, and set permissions, release date, add descriptions, and to get a nice link for embedding on a blog and sharing on social.  SoundCloud is free until you upload something like 6 hours, but to get unlimited space a pro account is only around $120/year when last I checked.  Once you have an account, you just click “upload”, select your file, type in the title, descriptions, etc. and you’ll get a great player that’s easy to listen and share.

7. Sharing ($0)

So here’s where I hit my first major roadblock.  Most people listen to podcasts on iTunes or Stitcher or some other distribution platform that lets listeners subscribe.  SoundCloud is great for web listening, but it makes it harder for your fans to work your podcast into their daily rotation and get wider reach.  You’ll need to get these platforms to include your podcast.  The instructions for how to do so on iTunes are long and intimidating, but really you just need an RSS feed for your podcast.  Once you have that, you can submit it with a bit of basic info and wait to hear if you’re approved.  I do iTunes and Stitcher, because those are the ones I see the most.  The struggle I faced was how the heck to get an RSS feed of my podcast?  SoundCloud made this easier.  The have a (beta) podcasting service.  It’s not easy to find, but if you just Google SoundCloud podcasting you’ll get to a page that let’s you apply to be a podcaster.  This generates an RSS feed of everything you upload to SoundCloud.  You can go into your settings, copy it, and paste it into your application on your platforms of choice.  It took a few days but both iTunes and Stitcher approved me and emailed me a link to where my show could be found.

The basic routine

After I got everything setup I got into a pretty simple routine for creating and posting new episodes.  I schedule a Skype session with my guest, email them some things we might discuss, and then get underway.  When the Skype begins I let them know it’s recording and that I can edit things if need be, and let them know when to expect it to go live. (I like to record with a 3-4 week buffer and release episodes weekly).  I do audio only to reduce bandwidth problems and keep it simple.  After the call is done, I open up Audacity, import the call recording, cut out the small talk before the interview and (rarely) edit out some other things like a sneeze or a cough.  I then import my intro and outro music files, cut and paste them around the track, add fade in and out, and save.  I export the file to a folder, add the proper tags, and then open up SoundCloud.  I upload, add description, and then I typically set the track as “private” until the day when I will release it.  I release every Monday along with a blog post with show notes and links and an embedded audio player from SoundCloud.  I never know how my listeners prefer to listen, so I try to give them plenty of easy options.

That’s it!  It’s fun, easy, and can be rewarding.  Go for it.

Exciting Changes at Praxis

Praxis is growing and we’re improving the program every day, and I’m excited to highlight some big changes we’ve just rolled out to make it more valuable to participants, business partners, and anyone interested in self-directed learning and living!

New website

You’ll notice some changes on the site.  Poke around and explore.  We’ve added a lot more detail about the program experience and hopefully answered a lot of common questions.  We’re working on an evolving FAQ page, so if you have questions not currently answered on the site or notice any bugs, send them our way!

New classes

Due to demand from both participants and business partners, we will now be launching new classes with far more frequency.  We’re setup to launch a new class every month, depending upon the number of quality applicants we have at any given time.  The old model of just two classes a year served us well at launch, but as we grow we’re keen to connect the best young people with the best work and education experience whenever it works best for them.  Applications for each monthly class open a year prior to launch and close two months out.  Apply now for classes beginning as early as October!

New structure

Praxis is now a 12 month program, instead of the previous 10 month model.  The pricing has not changed, so you’re getting two extra months!  The program now begins with a two month bootcamp where participants hone their digital skills and online brand as well as immerse themselves in the basics of entrepreneurial thinking and self-directed living before they start at their business partner.  The next ten months combine work at one of our business partners with a series of 30 day Professional Development Projects (PDP’s) handcrafted with our advisors to deliver tangible results each month.  Participants share the outcomes of each monthly PDP on their portfolio website.  We still make use of our interdisciplinary curriculum library and work with participants to identify areas of interest that they can master.  It’s all about creating value that can be demonstrated to the world, not just jumping through hoops or getting grades.  Read more about it on the about page.

New event

I’m thrilled to announce that in July 2016 we will be launching the first ever “Break the Mold” conference.  The theme is education without schooling, work without dullness, life without limits.  We’ll bring together speakers who share our passion for innovative ways to build a career, education, and life outside the old classroom-only model.  The event will feature workshops and presentations by entrepreneurs, thinkers, educators, and leaders in the arena of self-directed learning and living.  Praxis participants and alumni will also have exclusive programming and a chance to present their portfolio projects, meet with business partners, and more.  Tickets are not yet available, but stay tuned!  If you’ve been following us and love the ideas behind Praxis but just can’t quite commit to the yearlong program, this conference is for you.

Metaphors Can Limit Us

I’ve been thinking a lot about metaphors and how indispensable they are to human speech and thought.  Whether or not we realize it, we can’t do much thinking or communicating without extensive use of metaphors.  Many of the metaphors we use we are unconscious of.

Language reveals the prevalence of metaphor.  Discussions where two people hold different opinions are referred to with war metaphors.  People stand their ground, or defend their position, etc.  It’s hard to know how these metaphors affect our perception of the world and might open up or limit our thinking.

Speaking of limiting, there are two common metaphors I think limit us in subtle but powerful ways.  The first is the chain metaphor.  The old adage is that a chain is only as strong as its weakest link.  This metaphor is in the back of our minds in team settings, or organizations.  When you think about it, it’s a pretty bad metaphor, except for in unhealthy hierarchies.  It’s meant as a kind of reminder of our equality, so we don’t forget to help the weakest of our number lest we all get dragged down.  It has some value in this sense, but it also implies linear relationships and uniformity among individuals.  We are not links in a chain.  On our various social scenes we are more like nodes in a network.  If one node is weak or broken, the network can adjust and reroute information to the others.  It’s a distributed, indestructible series of interlacing webs.  If your organization truly is like a chain, that’s a pretty risky setup that puts way too much pressure on every participant.  Networks, on the other hand, are nimble, open-ended, adaptive, and allow for experimentation.

The second common metaphor I find limiting is based on the pie chart.  We love pie charts.  They seem scientific, plus they look like pie.  When visualizing where resources reside and contemplating ratios, the pie metaphor is in the back of our minds.  This is useful in a static world, but can be pretty detrimental in the dynamic world of the real.  The most obvious example is worldwide wealth.  Worry over who “controls” what percent of wealth is rooted in the pie metaphor.  If they have a lot, others must have little, and this must be bad.  But wealth moves quickly, and in a market, it can be created.  In fact, the only way to accumulate wealth is to create it for others.  So for one person to get more, someone else must also get more.  Transfers like theft and taxation are the only ways of getting wealth that do not create more for others.  This metaphor limits us in ways beyond just our macroeconomic thinking.  The pie tends to make us possessive and protective of ideas, or even happiness.  We’re afraid to openly share our thoughts and we worry that if others rise and gain popularity, wealth, success, etc. that must be bad for us.  It’s an unhappy metaphor that can turn us into envious, paranoid cranks.

I don’t think any metaphor is good or bad.  They are tools and can be more and less useful in various situations.  But I wonder how much we could improve our lives by occasionally examining the latent metaphors we use to make sense of the world?

 

Build a Better Signal

Why pay a university to do something you can do better yourself?

From Medium.

A college degree is a signal.

It’s a signal to the world of your value in the market. It conveys information about your ability, skill, and intelligence. There is a lot of noise in the world of work, and it’s hard to figure out who’s worth working with. A degree cuts through some of that noise and puts you in a smaller pool of competitors.

The thing is, this signal is not that valuable. It’s also very expensive.

Not long ago a degree may have been the best signal most people could get. There weren’t many ways to demonstrate your value to the market, so a degree was one of the better bets. Things have changed dramatically. Technology has opened up the world. The tools available to you now have lowered search and information costs, and you can create signals of your own that are far more powerful than a degree.

What’s Better?

A person with a strong GitHub profile has a signal that beats a degree. If you’ve launched a startup, even if it lasted only six months and ultimately failed, you’ve done something that sends a more powerful signal than a degree. If you’ve raised money, sold products, done freelance work, produced videos, run social media campaigns, mastered SEO or AdWords, built a website, designed logos, started a nonprofit, been published in a handful of outlets with good content, had valuable work experience, or even just have an amazing online presence via a personal website and/or excellent LinkedIn and social media profiles, you have a signal more valuable than most degrees.

If you are not very talented or ambitious and you are unable to do anything like the above, a degree might be the best signal you’re capable of getting. When you realize that all the other students half asleep around you in class will walk away with the same signal, it becomes clear that it doesn’t carry that much weight. It says, “I’m no worse than everyone else with a BA.” If getting a BA is a really hard task for you and building something better is overwhelming, the signaling power of a degree might be worth it. But if you are able and willing to do more — if you are above average and can excel in most environments, than you have in your power right now the ability to build a better signal than a degree.

You have at your fingertips tools that young work-seekers and employers a few decades ago didn’t. Never has it been easier and cheaper to start a business, offer freelance services, learn to code, show off your writing or artistic skills, and build a portfolio of value created.

Don’t Just Tell Them, Show Them

Consider the woman who created this website in an effort to get hired at AirBnB. Her resume listing her academic accomplishments and other common signals was lost in the noise. So she built a better signal.

AirBnB website beats a resume

The website is far more valuable than any degree or honor roll listing. AirBnB took notice, and I can guarantee that website alone has created more job offers and interest than she can handle. In fact, so entrenched is the degree-as-signal mindset that this woman’s effort went viral immediately. The competition among degree holders is fierce, while the competition among those who build a better signal is almost nonexistent.

There is nothing in her story that required a degree. If you want to work for a cool company, you can do something like this yourself right now regardless of educational status. Why settle for a dated, baseline signal that says you’re no worse than every other degree holder?

What Happens to College?

Here’s the interesting thing: The more young people begin to build better signals, the better college will become.

Fewer people will go because most students attend to purchase the signal and that only. But those who stay will be there for the best reasons. They’ll be there because they love the college experience, the lectures, the professors, and the rest of the bundle.

Losing all those customers who are just suffering through the courses to get the signal will hurt the bottom line of most universities. Some might go under entirely. But for those who care deeply about higher education in its best form, this will be a welcome change. Schools will get sharper and better as they face competition. Instead of contenting themselves with delivering mediocre product because they have consumers who feel captive to the need to get that degree, colleges will begin to become more accountable to the customers there to gain knowledge.

Professors — good ones at least — will love this change. Students in their classes will be the ones who actually want to be there for the value of the classroom experience itself. Severing the credential from the classroom will enhance the quality of both.

How Do I Do It?

Most young people don’t know how to take advantage of this new world where they can craft their own signal. They’ve spent years in a conveyor belt education system that has instilled in them a rule-following, paper accolade chasing mentality. They see degrees and grades as safe, as fallbacks that will magically keep them afloat in hard times. They overestimate the signaling power of paper and underestimate their ability to create product. Product beats paper in the world of signals.

Entrepreneurship is becoming more than just an activity that a tiny number of company founders engage in. We once shifted from farming to factories, then from factories to offices. Today a shift from corporate offices to remote workers, freelancers, intrapreneurs and entrepreneurs is happening fast. Those who learn to think entrepreneurially, whether or not they ever launch their own company, and see themselves as their own firm, regardless of where their paycheck comes from, will build the future.

It’s hard to internalize and act on the opportunity in this new world. That’s one of the main reasons behind Praxis, the entrepreneur education company I launched. We want to help you build a signal that is more valuable than a degree. We want to help you do it in one quarter the time and for zero cost. We want you to have fun and become excellent in the process. We want to help you use the tools available and create your own future.

That’s why we place participants with growing companies to get work experience. That’s why we help them create personal development projects, tangible skills training, portfolio projects, and personal websites.

Praxis is just one way to help young people take advantage of the opportunity to build a better signal. The options are limited only by your imagination. Find one that works for you.

Carpe Diem

The future is bright. You have in your hands the power to create your own brand, to broadcast it to the world, to demonstrate your ability to create value. You can built a better signal than the generic one in the hands of tens of millions of other young people.

What will it be?

The Possibilities of Private Drones

I recently contributed to a Kickstarter campaign for a small quadcopter style drone.  I’m set to receive it sometime this fall and I can’t wait!  At this point, most of these drones only carry a camera, but as the payload capability increases, our lives could change in a lot of small but powerful ways.

  • You go for a long run or walk, but you go too far and won’t be able to turn around and make it back in time.  You pull out your phone and direct your drone to fly your bike to you.
  • You’ve got a small sedan but want to go paddleboarding, so you drive to the beach and meet your paddleboard there, dropped by your drone.
  • You arrive at the airport, park, and begin walking towards the terminal with just enough time to make it through security and board.  You forgot your bag.  No time to drive home and get it.  You call your spouse and ask them to send it to you ASAP on the drone.
  • Driving up for a weekend in a lake house in Canada, you realize at the border you forgot your passport.  You call a friend, ask for a favor, then find a Tim Horton’s, grab a cup of coffee, and track your drone on your phone as it brings you the document.

These are fun, rather mundane scenarios to imagine.  How many other search and rescue situations, or commercial transportation settings could drones change?

It seems the biggest impediment is likely to be old dinosaur-like regulatory bodies, but I suspect technological progress will eventually outpace them and make them irrelevant.  There are more efficient ways to ensure safe flight paths and coordination of airspace than a bureaucratic monopoly.  Pull out your flight-path app and schedule a safe, free time and place, or if you’re really in a hurry, pay property owners a fee for the ability to fly it directly over theirs.  The point is, our lack of imagination about how such conflicts might be solved ought not to lead us to lean on stodgy, coercive, ham-fisted government solutions.

Episode 22: Blake Boles on Unschool Adventures and Self-Directed Learning

Blake Boles is an author, entrepreneur, and self-directed learning advocate.  He’s written several books on education beyond school and runs a program to help unschoolers to travel the world.  He joins me to discuss his own education and career journey and what he’s learned along the way.

Find him online here.

This and all episodes are available on SoundCloud, iTunes, and Stitcher.

When Ideas Aren’t Enough, Start a Company

From Medium.

For me it was education. I had ideas. That wasn’t enough.

I worked in and around higher education for the better part of a decade and it confirmed and strengthened the belief I developed during my own college experience: the whole system is a wasteful mess.

Hardly anyone involved enjoys it. Students and professors complain about each other. Both are happy when class is cancelled. Employers don’t think grads know what they need to know, grads don’t feel ready to embark on careers, and everyone is spending everyone else’s money with unknown results and little accountability.

“I see opportunity”

I openly talked about the problems of credential inflation, student frustration, artificially stimulated supply via tax dollars in myriad forms, artificially stimulated demand via licensure requirements and restrictions on employers using other means to test competence. I wrote and discussed the dangers of the cultural narrative that guilts, shames, and scares everyone into buying a multi-thousand dollar product that they don’t much enjoy and don’t know what to do with.

I saw the emergence of MOOC’s and the decline of informational gatekeepers. I heard business owners say they don’t care about degrees anymore. I imagined far more efficient, customer-centric, accountable, exciting, and effective ways of providing education, experience, confidence, skills, and a network to young people. In short, I had ideas.

The problem with ideas is that they’re almost costless. I could broadcast my ideas and others could broadcast theirs, and ideas people can lock in an endless tussle over whose are better. Who cares? Nobody wins when it’s all talk. It hit me one exciting, frightening day. If I’m really correct about the problems with higher ed, and if my ideal alternative is as valuable as I think it is, I need to put my money where my mind is. I need to build it. So I did.

Make it real

I created a company that puts smart, hard-working young people in great businesses while they are engaging in a rigorous educational experience complete with tech skills, professional development basics, liberal arts, coaching, and self-guided projects that demonstrate tangible value.

It was the scariest thing I’ve ever done.

Suddenly, I went from the guy with opinions and ideas about education, entrepreneurship, and career to the guy who’s going to succeed or fail based on those ideas. I learned that the only thing critics love more than ideas to disagree with are physical manifestations of those ideas. But once I launched Praxis, everything became clearer. I was playing a new game. I was no longer worried about the critics, I was interested in my customers.

Have something to lose

This change in focus is the healthiest thing in the world. Economist Nassim Taleb talks about the concept of “skin in the game”, and every entrepreneur knows exactly what he means. Nothing sharpens your focus and clarifies your thought like having something on the line besides just the pride of being right. Nothing helps you gain valuable information from those who disagree like the need to succeed in the development and deployment of an idea.

Don’t get me wrong, I’m an ideas person. Philosophizing is my favorite pastime. But the best philosophers are those who don’t limit themselves to thought experiments, but also put their ideas through field experiments. It’s not enough to have ideas that seem superior in mental models. The real impact comes from the thinkers who take the next step and incorporate their vision.

Entrepreneurship is philosophy in action.

Use the value-creation test

A good exercise is to attempt to turn every idea into a business model. Think people eat too many carbs and they’d be happier and healthier on your preferred diet? If you’re right, that’s value sitting on the table. Can you create that value for others and measure it in revenue? Think people watch too much TV? What need are they trying to meet and what other services might meet it better? Can you build it? Can you sell it?

I am not claiming that speculation without action is worthless. All action starts in the imagination. I am saying that every idea can be sharpened by forcing yourself to put it into some kind of model that creates value. Not every idea is monetizable, and that’s OK. But neither is monetization some kind of lower life form or dirty word. It’s nothing more than a representation of the value your idea creates for people. The practice of putting theories into business models will reveal weaknesses in the idea, or demonstrate that it’s so good you can’t wait to act on it.

Don’t get stuck talking

There are limitless entrepreneurial opportunities, and today it’s easier and cheaper than ever to turn an idea into a business. But there is also infinite information and no shortage of platforms with which to discuss ideas. This presents a challenge to big thinkers and entices many of us to stay forever in the world of speculation, avoiding implementation.

If you want to change the world and your own life, you can’t stop at ideas. The transformation of those ideas into something that receives feedback from the market is the hardest, yet most worthwhile journey I can think of. Embrace it.

The Shortest Summary of How to Change the World

Help people imagine new things by introducing new ideas.

Help people experience new things by creating new alternatives.

These two things – ideas and experiences – change people’s beliefs about what’s possible, and their beliefs about what’s possible are the binding constraint on the institutions we live under.

If you want to change the world, spread new ideas and create new experiences.

Things I Care Deeply About That Cannot Be Changed Through Law

My heart breaks over the knowledge that more than a million abortions occur annually in the US alone.  Yet I do not believe changes in the legality of the practice are the best way to improve the situation.

Let me state at the outset that the entire issue of the morality abortion comes down to one thing only, and that is whether or not one believes that a fetus is a human life, and at what point it becomes one.  I’ve never met someone who believes that killing an innocent child is moral.  Yet a great many people believe that abortion is moral.  This does not mean they are evil or unprincipled.  They believe that a fetus is not yet a human.  I do not attempt here or anywhere else to convince people otherwise.  I don’t pretend to have knowledge of some clear-cut point in the biological process when a fetus becomes a human.  I am only writing about why I, as someone who does believe a fetus from the earliest stages is a human life, do not believe that outlawing the practice of abortion is the best thing to advocate.

In other words I believe abortion is a tragic act, but not all tragedies are best reduced through law.

Government Failure

I am skeptical of the ability of governments to enforce laws in general, but especially those with which a huge part of the population disagrees.  Even laws most people agree on, like those against drunk driving, are enforced poorly and often with more hassle and harassment of innocents than actual curbing the activities of the perpetrators.  Anti-abortion laws do not seem to me a likely way to reduce the number of abortions significantly and they do seem likely to produce a great many other ill-effects.  Illegal abortions that pose a greater risk to the mother would boom, and entire black markets around them.  Attempts at enforcement would doubtless cost billions and open up a bevy of privacy violating medical and personal interventions affecting millions of people who were not even attempting to abort.

But there’s another thing.  For those who feel this is a deeply moral issue, the practical aspect is perhaps less important than the ethical one.  Many people believe that consumption of alcohol is immoral, yet even they will admit that the prohibition era did nothing to improve the moral fiber of individual Americans but had the opposite effect.  AA and rehab programs are far more effective at getting to the core of alcohol related problems.

So if I believe abortion to be a tragic ending of a beautiful human life, what kinds of activities do I think might reduce it?

Keep Innovating

Abortions in the US have dropped every year for some time now.  I suspect the main reason is myriad forms of birth control are better, cheaper, and more accessible.  No one wants to abort.  Those who do would prefer to not have gotten pregnant in the first place.  Where there is a need in a free market, there is an incentive to meet it.  Companies big and small have continued to produce more, better, and cheaper technologies for preventing unwanted pregnancies.  This will continue, and could happen even more if regulatory barriers were eliminated and markets freed more generally.

Open Up Markets in Adoption

Currently, those who want to adopt have to pay for it.  In this sense, there already is a market for children without parents.  The problem is it is illegal for the birth-parents to receive this money.  Pregnancy and labor is emotionally, mentally, and physically taxing.  It reduces ability to earn money and increases risk of health problems.  It’s a full-time job.  Yet women with unwanted pregnancies who don’t feel comfortable ending them have no real way to make up for this cost.  Carrying a baby to term and having another couple adopt puts tremendous cost on the birth mother.  Removing the laws against payment to birth mothers would dramatically reduce the number of abortions.  Getting government agencies and regulations out of the adoption market altogether would do more still.

Imagine the power of pro-life activists and philanthropists if they channeled their energy and resources away from protest signs at clinics and towards funds to pay pregnant women to carry to term and choose adoption?  Many organizations do as much as they legally can in this direction today, but the legal and moral resistance most people have to open markets severely constrain this option.

Care and Support

I would venture to guess most women who abort do not do so easily or impulsively.  Regardless of their beliefs on the morality of it, it’s a hard decision.  A woman faced with this decision is likely to be pushed away by loud yelling about the immorality of abortion or attempts to make it illegal.  It is impossible to advocate making abortion illegal without putting mothers with unwanted pregnancies on the defensive.  They feel condemned and hated, which is not a recipe to get someone to reconsider.  Even the suggestion of judgement will push people into secrecy, where they are likely to suffer more during the process.

Those who are deeply moved and saddened by the act of abortion would do better to come alongside those with unwanted pregnancies and help them in a nonjudgmental way.  Offer emotional, spiritual, and material help without being pushy or manipulative.  This works best with someone you have established some kind of relationship with, and on a one-on-one level.  Yet organizational efforts could do the same (and many do).

Many might call this moral suasion.  I suppose it is in a way, but it is very difficult to convince someone that their idea of morality is wrong by simply telling them so.  The thing is, you don’t even need to convince someone that something is immoral if you can show them a better way.  Show a course of action that is better for them even given their current moral beliefs.  If they have an environment that won’t judge but will support them every step of the way, even offering to help with parenting or to adopt the child, the chances of an abortion will decrease.

The Nirvana Fallacy

There are a great many horrible things in the world.  Murder, theft, sickness, poverty.  It’s easy to get righteous and proclaim support for laws and institutions that do not tolerate these things.  Such posturing is pretty empty though, because there is no system or law that can eliminate them.  The important question is not, “Which system is right?”, because we’d all choose perfection.  The important question is “Which of the possible systems is preferable?”  It is not enough to condemn the status quo compared to an imaginary world where none of the things you dislike occur.  When condemning the status quo it behooves us to ask, “Compared to what?”

I think a change in abortion laws is a distraction from better methods to reduce the practice.  Pro-life advocates, to the extent they outsource their energy to lobbying and politics, feel good enough about their efforts to slack in other, more practical ways that do more.  What happens if abortion is made illegal?  If the pattern follows similar policy battles the winning side will feel really good about themselves and probably do less of the more valuable kind of work.  Think of those who fight for government efforts to end poverty and the way it crowds out more effective private efforts.

The Takeaway

I don’t normally talk or write about abortion, but I think it’s an important example of how even things that some find fundamentally wrong are not always best met with the ham-handed approach of policy.  Our tendency to idolize law as a means for achieving our ends, no matter how moral they might be, is to our detriment.

Normal Is Overrated

I think most people don’t do most things to feel excited, or safe, or happy.  I think most people do most things to feel normal.

We have this bizarre, powerful urge to behave similar to those around us.  If we live around farmers, farming is normal.  If we live among intellectuals, reading is normal.  If we live in a world where 16 year olds go to high school and 20 year olds go to college, those are the normal things to do.  The worst crime is to be abnormal.  It’s worse than being unhappy or depressed.  If you’re depressed in your normal station in life – age 35, married, one kid, a finance job at $70k a year, a two bedroom house, and a dog – no one will really care that much.  They will feel unthreatened by you.  Sure, they’ll want you to be happy, but not as much as they want you to be normal.  If you were to be ridiculously happy, but highly abnormal – age 35, married and 13 kids.  Or age 35, no permanent residence, vagabonding the world.  Or age 35, a new startup every six months and a love of dancing in public – people, probably including your parents, would be far more troubled than if your were normal and depressed.  Being abnormal forces others to confront their own normalcy, and few things are more frightening.

The urge to be normal is the driving force behind most people’s educational choices, career choices, consumer choices, and even relationship choices.  But normal is overrated, and sometimes arbitrary or even counter to your individual nature.

I don’t think deliberate attempts to be abnormal are any kind of solution.  Nor do I think there is no logic behind this drive towards normalcy.  If you want to make friends and communicate with people, some level of shared experience is necessary.  Conventions emerge for a reason.  The problem is, we often stop asking why a particular desire or convention is beneficial, and we just assume it is because it’s common.  What’s common is often exactly the wrong thing for you, because you are by definition not common.  You are you, and there is only one.

A good test to see whether or not you are doing what you do to be normal, rather than to achieve your own best living experience, is to listen to the words you use.  When asked why you do something you don’t enjoy if you find the words, “Because I have to” on your lips, that’s the normalcy urge talking.  You don’t have to do anything just because people would think it weird if you didn’t.

Book Review: Anarchy Unbound

This is my Amazon review from some time ago, but I realized I never posted it here and I’m always looking for an excuse to recommend Leeson‘s work.

“Leeson puts together an amazing set of papers studying order in the most unlikely places. It will take decades for the main thesis of this books to really sink in, but when it does, it will radically change the foundational assumptions in the social sciences. Contra Hobbes and nearly every economist and political theorist since, Leeson shows that absent a coercive monopoly (a state), humans can, have, and still do cooperate peacefully and efficiently given the constraints they face. Leeson shows how complex institutions emerge to handle conflicts and bring about order, and how these institutions are often robust, nuanced, firm, flexible, and adaptive to the changing needs of the communities in which they emerge.

When it comes to comparative political economy and the much needed application of rational choice theory to historical and sociological studies, Leeson is the best in the business. It will take a little time after you read it for the implications of these simple yet radical discoveries to sink in.”

You can also listen to my podcast interview with Pete about this book and other ideas.