Tag: entrepreneurship

Taking a Walk as a Revolutionary Act

Here’s a really fun article TK Coleman and I wrote for a new publication called Design 4 Emergence.  Check out the beautiful layout on the original!

———————————————–

Isaac’s Take: The Mind a Blender

It was cliché. I took a walk on the beach and my life changed forever.

I like to imagine ideas as tiny physical objects sloshing around in my skull. The heavier ones sink to the bottom and the rest separate based on weight and viscosity. They mostly find their resting place and stay put, or at least in the same stratum.

Yet in order to create, make personal progress, discover who we are, and do what makes us most alive we need ideas to bump into each other. We need more than prefabricated plans and processes. We need disparate concepts to pair in unlikely, unpredictable ways. We need ideas to not stay in their place.

The rhythmic jostling of a good walk is like a blender. All the layers of ideas begin to move and shake and mix and mash. Walking is like a stirring up of the brain and the soul. Just 20 minutes into a quiet walk and you’ll begin to notice weird things happening. Seemingly random thoughts and thoughts about thoughts will move up and down, side to side, from the back to the front of the mind.

Back to my story.

I was frustrated, restless, and in a rut. Even though it was inconvenient and disruptive to my busy day, I made myself drive 15 minutes to the beach and go for a walk. I needed that endless horizon. I had no specific goal for my walk, which is kind of the point.

Five minutes in and I looked up at the horizon and saw in my mind’s eye a word floating in all caps just above the water.

“PRAXIS”

The bouncing of my steps had shaken this word loose and on its way to the front of my mind it had bumped into a bunch of other ideas long dormant. My decade-long dissatisfaction with the higher education system. My personal knowledge of dozens of entrepreneurs who were hungry for young talent. Recognition of my own skillset and network. It was too perfect. How could I have failed to see this for so long?

Within minutes an entire business model came into view, crisp and clear. I ran to my car, drove home, sat at my laptop and typed for a few hours straight. What is now my business and my passion was born.

Looking back, it all makes sense. I disliked my own college experience and envisioned a radical new model some 12 years earlier. I didn’t know where to go next with my idea so I put it on the shelf and pursued other things. In the dozen years that followed, I mostly pursued whatever was interesting to me personally and professionally with no long term plans. I managed to accidentally accumulate a near perfect mix of knowledge, skill, experience, outlook, and a network to launch what eventually became the higher ed. alternative I once dreamed about.

But I didn’t know any of this stuff was in there. It was all hiding in its own layer. Some nestled deep in the subconscious. Some associated with entirely different aspects of myself. I could never have purposefully made the connections necessary to see what I was capable of building. It had to emerge.

I took a walk. It’s the best way I know of to create the space for emergence in your own life.

You live much of life on a conveyor belt. It’s a structure created by others beginning with school and following you even onto the Internet as your newsfeed is curated based on assumptions about what’s important to you. But you’re hatching ideas and ideas about ideas all the time, whether you know it or not. The trick is accessing them and giving them space to mingle.

All the networks and technology at our fingertips is amazing. But it cannot on its own bring about the great epiphanies and acts of creation.

You can’t deliberately plan emergence. But you can remove obstacles. You can create conditions conducive to it. For me, that’s the simple act of walking. An act as old as our species.

Let your steps stir up your soul.

T.K.’s Take: The Mind an Ocean

One of the concepts that radically changed my life is an idea called “noble boredom.”

According to Rabbi Jonathan Omer-Man noble boredom means, “No anticipation of action. It means having the ability to be present without needing something to happen.”

You don’t need to live very long to discover that busyness is the bearer of many luxuries. Being busy makes you look important. It gives you a good excuse for avoiding unwanted commitments and helps you deal with guilt, inadequacy, and the belief that you’re not working hard enough. Busyness protects from messy confrontations with the thing you fear the most: boredom.

When you consider the primary form of expressing boredom (“I don’t have anything to do”), it’s no wonder that we seek salvation in the experience of perpetual preoccupation. We dread running up against the fact that we often have no idea where we’re going and why we’re traveling in relation to all the stuff we do. If we stop being busy we’ll be bored. And if we become bored, we’ll see how uninteresting and uncreative our lives really are.

But inactivity need not be boring. The stillness and solitude that we look at as evidence of us not being creative enough is the very source of creativity.

Our subconscious mind is like the ocean. Our everyday waking-state consciousness is like the surface of that ocean. The activities of the mind and the external events that demand our attention are like the wind and the waves. Go to the shore of an ocean on a windy day and what do you see? You see the waves on the surface but what lies beneath is invisible.

The ocean is teeming with life, filled with all sorts of exotic and interesting forms waiting to be discovered. But as long as the wind is blowing and the waves are doing their dance such things remain hidden to the observer.

What if you return to the ocean on a quiet and calm day? The ocean doesn’t change but your experience of the ocean would be profoundly different. When the surface waters are still you see into the depths. You encounter astonishing things. You can reach for things that you previously didn’t know were there.

This is a metaphor for the relationship we have to our own  interior depths. As much as we hail the marvelous powers of imagination, that power is often drowned out by all the external noise and busyness of day-to-day life. Our souls are not empty. They only seem to be because we haven’t learned how to look beyond the surface.

The simple act of taking a walk creates a bridge from busyness to stillness that allows us to penetrate the depths of our mind without completely disregarding our strongly conditioned need to “do something.” Some teachers of meditation describe walking as a mantra for the body. The purpose of a mantra is to get our reactive thinking and the incessant activities of the reptilian brain out of the way. It’s like giving a dog a bone. The dog ceases to make noise and it has something to do. This allows you to get on with your work.

Walking allows you to get into a rhythm or a groove that makes it easier for your reactive mind to settle down and open itself up to deeper insights and creative ideas. Many people try various forms of meditation only to find themselves uncomfortable, bored out of their minds, or quickly falling asleep. This is often the case because we’ve come to associate meditation with making the body still. The essence of meditating isn’t, however, about being in the lotus position or bragging about your ability to close your eyes and sit still for an hour. The true purpose of meditation is interior stillness.

You could say that walking is nature’s meditation hack. By involving your body in the act of meditation through casual walking you create a gentle transition to inner stillness. This kind of walking is different from the kind of walking you do when you’re trying to get somewhere. This is the walk of noble boredom. It’s a form of boredom because you’re not doing anything in the typical sense, yet it’s noble because this simple act of non-doing holds the promise of offering greater meaning, creativity, efficiency, and substance to all you do.

I’ve spent many years studying and practicing various forms of meditation. From Osho’s First & Last Freedom to Jean Houston’s The Possible Human, I’ve experimented with many different ways of exploring my own consciousness. All of the methods I’ve tried have been useful to some degree. As a student of philosophy, I love approaches to contemplation that emphasize the importance of taking a break from the world and sitting in silence. As an entrepreneur who enjoys the pressures and challenges of creative life, however, nothing has provided a better balance of satisfying both my need to relax and my impulse to be on the move than the fine art of walking.

When I played basketball in grade school my coach would often say “walk it off” in response to one of the players catching a leg cramp. That advice stills rings true. When I have a problem or puzzle I need to resolve, I walk it off. When my thinking is cramped, I walk it off. It’s never failed me yet.

Traits for Leadership

A friend emailed me the following question yesterday:

“What are the most important attributes of leaders?”

I thought about it for a few minutes and sent this reply.  This was off-the-cuff, so don’t hold me too tightly to it.

Patience, impatience, perspective, morally neutral disposition, and a sense of humor.

Patience is pretty self-explanatory.  You can’t be frustrated with everyone all the time and pressuring them.

Impatience is equally necessary.  When you have a vision, you have to be unable to sleep until you make progress on it.

Perspective allows you to weather the bad stuff.  I lost a customer early on and was feeling defeated.  My brother (a successful entrepreneur) asked me what the big deal was.  “So What?” he said.  “Cornelius Vanderbilt had steamers sink and people died.  Yet he was able to continue on and create value for millions.  What if he had quit?  You don’t win everything.”

Moral neutrality doesn’t mean you have no morals.  It means you approach other humans with a rational choice lens.  You assume their actions are taken not out of goodness or evil, but rational self-interest.  This helps you understand how to change the incentives they face to get cooperation, instead of being bitter at what you think their motives are or what they “should” do.

A sense of humor is the only thing that keeps it fun, and if it’s not fun it’s hell!

Episode 59: Taylor Pearson on the End of Jobs

Is accounting the riskiest career?  Is entrepreneurship the safest?  Today’s guest says yes, because the world is changing and “jobs” are being replaced by the ability to adapt and create value outside preset rules.

Technology has dramatically reduced transaction costs when it comes to education and employment. Taylor Pearson, author of a bestselling book The End of Jobs, joins me to talk about risk and antifragility when it comes to jobs and occupation.

Beyond entrepreneurship, we discussed the ongoing democratization of tools of production and creation of new markets.

Visit his website taylorpearson.me

If you want more than a job, check out show sponsor Praxis for a one-year apprenticeship with an entrepreneur and life-changing projects and challenges.  discoverpraxis.com

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

It’s Much Easier Than You Think to Live the Life You Want

Maybe not “easy”, but entirely possible.

I recently listened to an episode of The World Wanderers Podcast where the host discussed working at a Cafe in a great city that a lot of people would love to live in.  She mentioned how, had she not moved to this cool, exciting city, the job she had would have made her feel like a loser.  In your hometown working retail after getting an expensive degree seems pretty lame.  Up and moving to a destination city and working retail to support the lifestyle seems kind of adventurous.

Back home, she would have dreaded seeing an old friend come in.  “Oh, so you’re working here?”  In the new city when someone she knew came in the question was more like, “Wow, so you’re living here?”

Just a few days ago I talked to a guy who’s biking across the country and loving it.  He spent several months in beautiful Missoula, Montana waiting for the weather to improve so he could continue his journey.  He worked at a grocery store while there and it provided everything he needed to live the lifestyle he wanted and get back on the road in time.  What would his resume look like when, several years out of college, he had “Grocery bagger” listed?  Not great, except when put in the context of, “Spent two years biking across the U.S., paying my way through with odd jobs and blogging about the adventure.”

I thought about this phenomenon more in Mompiche, Ecuador a few weeks ago.  We found a little place with a sign for American-style pancakes.  A welcome breakfast after days of fruit and cereal.  The breakfast nook was run by a twentysomething woman from the Ukraine.  She fried up pancakes on a small griddle and served them with coffee for breakfast and lunch in the tiny Bohemian surfing village.  She lived in a neat little house right above the pancake joint and spent the rest of the day as she pleased.

Imagine this ambitious young woman back home responding to the common, “So, what do you do?” with, “I make pancakes for a living.”  Likely her friends and family would be a little worried and ashamed and think something wrong with her.

Contrast that with the same answer to the same question but with a change in geography.  “I moved across the world to a tropical surfing village in Ecuador where I opened my own business.”  Wow.  What an enviable life, right?

There’s something weird about staying in your hometown.  It severely limits the definitions you accept for what makes you successful.  Oddly, most of the hometown definitions of success have nothing to do with happiness.  They have to do with becoming what everyone in your past expects or desires given who you used to be.  It’s a sort of tether to a past self that no longer exists.

When the expectations of back home no longer apply you can ask better questions and make clearer connections.  What kind of person do you want to be (vs. what job title do you want)?  What kind of people and surroundings do you want to be immersed in (vs. where do you want to work or live)?

Many people would probably love to be the master of their own schedule, be in a beautiful outdoor setting with interesting people from around the world, seriously pursue a hobby with lots of their time, and be challenged in new ways daily.  Yet most of those same people would be horrified at the idea of playing guitar on the street for money, flipping pancakes, or doing freelance odd-jobs online, any of which might be the very means to achieve the life described.

Most people have this idea that you have to work a boring job in a boring house in a boring city for a few decades, and then if you play your cards right and all kinds of things totally out of your control (like the stock market or real estate prices) do the right thing, you can have some kind of two week vacation cruise or retire in a place where you enjoy good weather and leisure.  The weird thing is, all those “someday” goals are available right now with relatively little difficulty.  You can afford to live in a cool bamboo house in a beach town just by making pancakes for lunch and breakfast.  You can (as was one guy I met) travel the length of South America living entirely off the cash you make playing guitar outside of restaurants.

I’m not claiming this kind of life is for everyone.  Not at all.  There is nothing wrong with a 9-5 job and life in the suburbs if that’s what really resonates with you.  There’s nothing inherently noble about traveling or working some low wage odd job.  The point is that it’s too easy to choose things based on an artificially limited option set.  It’s too easy to define your life by stupid things like college majors or giant industry labels or titles that will make Aunt Bessie proud at the family reunion or salary levels.

The last one is especially dangerous.

It’s a weird habit to measure your success in life only by the revenue side of the equation.  Who cares if you bring in $100k a year if it only buys you a crappy apartment that you hate in a city that stresses you out with friends that don’t inspire you and a daily existence you mostly daydream about escaping from?  Your costs exceed your revenues and you’re actually going backward.  You very well could get twice the lifestyle you desire at half the annual income.  Like any business, the health of your personal life should be measured using both revenues and costs.  On the personal level, neither are not just monetary.

Only you can know what kind of life you want.  But getting off the conveyor belt of the education system, getting out of the home town expectations trap, and opening your mind to measures of progress beyond salary will give you a much better chance of crafting a life you love.

Here are a few articles to chew on:

Why You Should Move Away from Your Home Town

Why You Should Get Off the Conveyor Belt

Why “Escapism” Isn’t a Bad Thing

Why It’s So Hard to Exit a Bad Situation

Do You Need to Do Work You Love to Be Happy?

Stop Doing Stuff You Hate

Focus on What You Don’t Want

Do What You Love, or Have it Easy?

 

The Two Great Secrets of Higher Education

  1. Tuition is paid for one reason: to buy a signal.
  2. That signal is not worth the investment compared to what you can create elsewhere.

These two great secrets are known to almost nobody.  A few people know secret number one, but falsely conclude that the signal is still the best option.

A small but growing number of people partially understand what’s behind secret number two, but because they do not grasp that the product universities sell is a signal, they compare only alternative social and learning experiences to universities, not alternative ways of creating a signal.

The combined understanding of both of these secrets will completely revolutionize the way people think about and engage in education, career preparation, work, and life.

The Signal Secret

  1. Tuition is paid for one reason: to buy a signal.

A small number of economists and thinkers have identified that higher education is valued because of its signalling power.  That is, the college experience does not form people into more valuable or learned individuals capable of doing good work, but it sorts people into groups and attaches degrees to those who were already capable.

Signals are not bad things.  They are very valuable.  Employers need a way to narrow the pool of applicants and weed out the least likely to succeed.  There is a correlation between completing college and being a better worker on average.  But there is no causation.

Harvard doesn’t make you more likely to succeed.  The type of person who gets accepted into Harvard is already more likely to succeed.

Almost everyone objects to calling the product universities sell a signal.  They claim it’s a big bundle of goods.  It’s a social experience.  It’s a network.  It’s knowledge.

It is indeed a bundle of these things and many more, but these are all fringe benefits.  None of them are the core product being purchased.  When you pay to get your oil changed and the waiting room has coffee and magazines it’s a nice perk, but it’s clearly not the service you are purchasing.  If the auto garage didn’t have these comforts you might still go, but if they only sold coffee and magazines without oil changes, you wouldn’t.

College is the same.  Whatever other activities and benefits students may derive from their experience, none of them are the reason they are paying to be there.  They are paying for the signal, period.

It’s easy to prove this point.  List every other element of the higher education bundle.  Sports, parties, talks with professors, lectures, books, living with other young people, etc.  Now ask which of these would be possible if you never paid tuition?  All of them.  Move to a college town, sit in on classes, join clubs, go to events, read books, and live the college life to your heart’s content.

When you take away the credential at the end, it becomes clear how easy it is to get all the other aspects of college for free or very low cost, and often better.

This is also evidenced by the fact that everyone is happy when class is cancelled.  What other good do people pay for upfront and then cheer when it’s not delivered?  It’s because the classroom lectures and tests are not the good being purchased.  They are an additional cost that must be borne in order to get the real product, which is the piece of official paper.  The signal.

Young people may or may not enjoy some or all elements of the college experience.  But the reason they go and pay is because, in their minds, they have to.  They have to to get the signal, because without the signal you can’t get a decent job or be seen as a decent human being, so the prevailing narrative goes.

The signal is the product.  Until that is understood, no amount of tweaking or reforming or innovating any of the other parts of the higher education bundle will matter.

And it turns out, you don’t need the signal college sells after all.

The Alternatives Secret

  1. That signal is not worth the investment compared to what you can create elsewhere.

Everyone is thrilled to show you charts and graphs and statistics about the correlation between degrees and earnings.  None of that matters.

It doesn’t matter because aggregates are not individuals and because data can never show causation.

What happens to the average of some aggregate does not determine what course of action is most beneficial for an individual.  The average Ferrari owner earns a lot more than the average Honda owner.  No one assumes this means buying a Ferrari is a great way to improve your earning potential.

To the individual, the question is not whether college is a good investment for all young people on average.  The question is whether you can build a better signal with less than four plus years and five plus figures.  Turns out, that’s a pretty low bar.

The degree signals that you are probably a little above average for someone your age.  Maybe not even that as degrees proliferate.  This means if you are average or below average in ability, creativity, or work ethic, the degree signal may help you get a better job than you could without it.  (Though it won’t help you keep it.)

If you are above average in ability, creativity, or work ethic the degree signal sells you short.  It makes you blend in with all the lower quality people coming out of the same institution.  (Not only that, the college experience itself tends to foster habits that make you less able, creative, and hardworking.)

Young people today have at their fingertips tools to create signals far more powerful than generic institutional credentials.  Consider the impact of a tailored website that demonstrates the value you have created?  Better yet, a website or product that demonstrates to a company the value you will create for them?

Consider the value of working alongside a successful entrepreneur or industry leader for free or low pay for a year or two and parlaying that into a full-time gig?  Companies hate the searching and hiring process.  They’d always rather promote someone within who has a proven track record of value creation.  Compare the cost of low wages for a year or two to the cost of no wages and huge debt for four.

Businesses need value-creating employees.  They use degrees as an early proxy to eliminate some chunk of applicants (though even this practice is declining for big and small companies alike), but they only use them in absence of a better, clearer, more powerful signal.  When one exists, it trumps the academic credential.  When you realize all they want is proof of ability to create value, the world begins to open up.  How many ways are there to prove that you can?

It’s not only about getting hired.  Professors are quick to tell you that wages are not the only thing that matters when it comes to happiness and success in life.  They are correct.  Yet chasing the degree as the only signal often leaves people with debt that requires a relatively high wage to service, thus cutting off options and opportunities to explore and experiment.

Not least of these explorations is the wonderful and growing world of entrepreneurship.  It’s easier and cheaper than ever to create your own product or launch your own venture.  It’s also more and more valuable.  Machines and software can do rote tasks.  Humans’ greatest value add is creative problem solving and innovation.

The ability to freelance for a living, launch a micro business, or create a major enterprise is expanding every day.  There is no benefit to the degree signal in the world of entrepreneurship.  There are no HR departments wading through resumes looking for checklists.  Here, in fact, the college experience can be more of a detriment than a benefit.  It tends to restrict the imagination to known methods, restrict your network to same-aged people, restrict your financial flexibility and risk-taking, and cut into many of the easiest years for trying something bold when the cost of failure is lowest.

A 20-year-old who launched a KickStarter campaign, built an app, created a website, apprenticed for a small business owner, read 50 books, or even just has an amazing online presence signals more value creation potential than a 22-year-old with a BA and a 3.7 GPA.  Yes, you can supplement the college experience with these other things, but classes and obligations (not only time but financial and parental) get in the way of fully unleashing your independent signal-creating potential.

The Real Revolution

The real revolution in higher education will not come from better delivery mechanisms for lectures, or new platforms to sell the same signal.  It won’t be disrupted by online versions of the brick and mortar establishment.

The real revolution will look as varied as the people participating in it.  It will begin when people understand the two secrets of higher education.  When it is realized that college is selling a signal and that signalling your ability to create value can be done far better in myriad other ways, the world will bloom with alternative methods of getting young people from where they are to where they want to be.

Instead of 16, 17, and 18-year-olds stressing about how to get into colleges, they should focus their energy on how to begin building a better signal.  Instead of 19, 20, and 21-year-olds stressing about majors and minors and GPA’s, they should focus their energy on creating value and building a way to prove it.

What are you signalling?

———————————————

Want more?  Check out Praxis, a one-year apprenticeship + professional development + coaching educational experience for young people who want more than college.

Episode 55: Beginner’s Guide To Startups Part 4: How To Get Funded, with Evan Baehr

The fourth and final installment of the startup series features Evan Baehr, Cofounder of Able Lending and Coauthor of the bestselling book, “Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams“.

Evan lays down the essentials that you need to think about when you are preparing to ask someone for money. He provides some tools and tips that can help you find the right investor(s) for you and your team, and how to get to that crucial point – meeting with investors.

Evan also talks about why he thinks that business plans are dying out and how the pitch deck supplants it.  We dive into some of the pitch deck building blocks.  Evan stresses the importance of storytelling when the time comes for you to pitch.

This episode sponsored by Praxis and the Foundation for Economic Education.  Check out FEE seminars to learn about economics and entrepreneurship this summer!

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

Four Options When Government Gets in the Way of Your Dreams

Four Options When Government Gets in the Way

Illustration by Matthew Drake

 

This article is adapted from a presentation given at FEE and SFL seminars.  Co-authored with James Walpole for The Freeman.

———————

We all want to live free, but we have a problem: governments don’t always want us to.

From seemingly mundane rules (like banning raw milk sales) to the truly horrific (like taking your house from you or throwing you in jail), the state is probably going to mess with you at some point in your life. It will throw taxes and fees and fines and rules at you and erect roadblocks and regulations inhibiting your progress — especially if you’re trying to do something new and innovative.

What can you do?

You do have options. Grave as the stakes may sometimes be, you must first accept this outlook: it’s all a game. If you treat it that way, you’re more likely to find a way forward rather than simply cowering in fear or trembling with anger.

Here, then, are four options when you’re faced with the game of government interference.

1. Play the Game

This is the strategy you’re probably most familiar with. It’s what we’re all encouraged to do. Whether through voting, lobbying, or holding office, you can try to take on the state while playing by its rules. You can try to change it from the inside. This is a strategy we cannot recommend.

In business, this strategy leads to the phenomenon economists call “regulatory capture.” Many companies become involved in lobbying and political action to prevent hostile regulations. It’s understandable. They spend hundreds of thousands of dollars on campaign donations and dinners trying to sway politicians and regulators to delay a vote, join coalitions, or carve out exceptions.

It’s a tough, slow process, one that involves endless compromise of principle and decency, and the few who succeed end up with political power and the ability to gain more. They end up using that power not just to expand their own freedom but to crush the freedom of competitors.

But any changes you make will be temporary. Laws passed in one decade are easily repealed in the next, especially if they limit state power. The bigger loss is a personal one. If you play the game long enough, the game ends up playing you. You become a part of the power structure you were trying to fight.

2. Defy the Game

When the state crushes your dreams, you can fight back. History is full of people who stopped taking oppression for granted and started resisting. Look at the civil rights movement in the United States, the Hungarian revolt against Communist rule, or even Uber’s commercial rebellion.

Today, the ridesharing company is operating illegally in dozens of cities, and it’s already paid hundreds of millions of dollars in fines for its drivers who are caught violating local laws. The company is growing fast enough to absorb the damage, and while governments don’t like Uber, customers love it. In Uber-hostile cities like New York, riders are standing up for their favorite way to get around. The “rebellion” has been a huge success.

But rebellion plays out in more desperate ways in the rest of the political world. For people and companies without the money and reputation of Uber, successfully defying the game is hard. While you can get tremendous satisfaction from sticking it to the man, you might end up in jail. You might be killed. In other words, playing this way means you might run into the real power of the state in its rawest form.

3. Change the Game

Changing the game is about recognizing the incentive structures and putting external pressure on the government to bend. Often, all you need to do to win is to hold the state to its own rules.

But it’s not as easy as it sounds, and the people who try to change the game in this way have to be heroic, if not martyrs. They’re taking the longest route. Game-changers lower the cost of information to the public while raising the cost for government to break its own rules or be thuggish. This group includes lawyers, journalists, public intellectuals, and everyday citizens.

Look at the case of occupational licensing. Municipal and state governments throughout the United States require entrepreneurs to give up money and time to comply with regulations. Many would-be entrepreneurs are stopped dead in their tracks by competition-killing regulations.

Before the Institute for Justice (IJ) challenged the regulation, eyebrow threaders in Texas were required to train for 750 hours before they could set up shop. Before another IJ case in 2011, Texas required bakers wanting to sell cookies to the public to rent commercial kitchen space and obtain food-handling permits.

Changing the game isn’t limited to the courtroom. Governments will break their own rules if they can get away with it. Both IJ cases included concerted efforts to raise public awareness about the unfair consequences of the regulations while simultaneously challenging them in court. These efforts raised the stakes for any judge who wanted to rule for the status quo. It also resulted in politicians jockeying to change the law before the court case was even settled so that they could take credit and benefit from the positive PR. Think about the state lawmakers who jumped at the chance to restrict eminent domain after theKelo outrage.

This is one of the biggest pros of changing the game: if you’re successful, you’ve kept your own integrity, and you’ve helped to protect others from the dream crushers in government.

The problem is that you may not win. You can spend years of your life fighting the battle to change the game and lose — plenty of people have, from the Dred Scott case to the Kelo decision. Even if you do win, the victory is too often short-lived: as soon as public awareness and scrutiny abate, courts will “reinterpret” hard-fought constitutional changes put in place to restrict government.

4. Ignore the Game

Entrepreneurs in the last decade have made international-trade and immigration restrictions less and less important. Today, anyone can telecommute to work in the United States from a call center in India, an Internet cafe in Bangladesh, or a personal laptop in Mexico. These innovations allow labor to move freely, and the inventors never needed to lobby politicians.

You can quit, exit, and opt out of the games government uses to stop you. You can move. You can pull your kids out of school. You can alter your business plan. You can quietly sidestep the obstacles placed before you.

There are major benefits to ignoring the game. For one thing, you don’t have to think about politics. Psychologists and philosophers have long told us to not worry about things not under our control. By ignoring the game, you can be politically ignorant and much happier. You don’t have to fight court battles or Internet comment threads. You can focus on creating, not protesting.

Ignoring the game isn’t always as satisfying as defying it, but ignoring the game offers an immediate sense of personal freedom. It allows you to create a freer life for yourself while providing an example that others can learn from. Over time, if enough people ignore the game, it begins to wane in importance and power.

How Will You Respond?

If your goal is to live free, first understand the game and know the rules. The way you respond to the game is then up to you. The strategy you choose will have more influence over your quality of life than any near-term victory or defeat will.

You may respond to the government in many different ways throughout your life, but if you treat it like a game, it will be less likely to ruin you.

My Ceaseless Quest to Make Myself Useless

I’m on a ceaseless quest.  This quest it based on a belief about myself and the world:

For everything that I do there is someone somewhere who can do it better.

When I start doing something new my quest is always to find the person who can do it better and hand over the reins as soon as possible.

Where and when I’ve succeeded at that, I’ve succeeded.

I fully believe the maxim that you’ll be most successful when you find and do the things that no one else can do as well – the things that are uniquely you.  But if I always believe there is someone who can do everything I do better, and I’m always trying to find them and hand it off, what does that make me uniquely good at?

I don’t really know.  Here are two possible answers.  One is that at any given time I might be the best person for something.  So that’s what I’ll be doing.  But that time is limited.  In the long run, even though I might be uniquely perfect for something at first, someone else might be better.

The other possible answer is that my most unique and valuable skill is replacing myself.

Maybe I’m best at breaking new ground, getting the basics figured out, identifying nascent talent in someone else, and transitioning things to them so they can blossom in a way no one else – including me – ever could.

Whatever the answer I am totally confident that, given enough time, I can find someone who can do everything I do better.  This doesn’t threaten or bother me.  It fills me with excitement!  Where are they?  How can I find them?  How soon can I get them catapulted to heights I could never reach?  When can I replace myself with someone better?

If you share a similar disposition know you’re not alone.  If you know you’re a jack of many trades but master of none don’t fear.  That’s its own kind of mastery.  At least I hope so.  It’s worked pretty well for me so far and I’m having fun.

The Power of Broke

Yesterday I listened to an episode of the James Altucher Podcast with FUBU founder and Shark Tank star Daymond John.  It was awesome.

John talked about his new book, “The Power of Broke”.  What a great title.  The subtitle is, “How empty pockets, a tight budget, and a hunger for success can become your greatest competitive advantage.”  The concept is as straightforward as it sounds.  Being broke is an advantage in many ways.  The power of broke is the power you harness because you have to.  It’s the creativity you employ when you can’t buy your way to the next step.

I’ve written before about the advantages of being broke (with a much lamer title, “Your Lack of Income Can Be An Asset“).  While I focused on the freedom and flexibility to experiment and the low cost of failure, John talked in the podcast more about the clearer decision making and enhanced hustle when options are constrained.

One particularly poignant example was when he was selling hats on the streets of Queens.  LL Cool J would come to the neighborhood frequently, and John would stalk and harass and beg him to wear his hats.  He finally did, and it resulted in an explosion in demand.  John said if he had $500,000 to spend at that time he would have spent it all…on getting LL Cool J to wear his hats.  Because he didn’t have the money, he found a way to do it without.

One of my all-time favorite TED talks is called “Embrace the Shake“.  It’s about how creativity can often be unleashed if you give yourself constraints.  An artist who lost his ability to do his favorite technique was forced to find other ways.  He eventually began a series of experiments in creating art with ridiculously tight constraints.  He could only use paper cups and ink, for example.  The results were as much about what it did to his mindset as about the art he produced.

If you launch a startup with no money, you’ll figure out how to move forward with no money.  If you raise $1 million in venture capital, you’ll figure out how to move forward spending $1 million.  The activities you engage in may even be the same.  Or worse, the money blinds you to problems with your model or assumptions and creates a lag in the feedback loop.  Test small and quick, fail small and quick.  Money often makes that harder.

This is obviously not about any kind of moral superiority to poverty.  It’s not about pretending fewer resources always provide an advantage over more.  It’s about a powerful mindset shift that occurs when incentives and desires are tightly connected.  When you don’t have a backup plan or the ability to give up after the first setback or buy your way into the next step, you have something most of your larger, better funded competitors don’t.  You have the power of broke.

Since it’s a mindset, you can employ it even if you are rich, but it’s definitely harder.  Take advantage of the time you have now as a young upstart and get every drop out of the power of broke.

As Long As It’s Interesting, It’s Good

I wrote on the Praxis blog about how silly it is for young people to worry and stress about working in or studying a specific industry:

“Many young people think they know what industry or category of job they want.  They’re mostly wrong.

We’re trained by the school and university process to think in terms of big career categories and majors.  Marketing.  Hospitality.  Management.  Financial Services.  But these categories are so generic and ill-defined that they offer almost no value for an individual trying to forge a path to life and career success.

The truth is, you have no idea what industry or job will make you happy.  How could you?  You’ve barely seen any of them up close.  The roles within these industry labels can be more diverse than you can imagine.  Many jobs and entire industries have no label.  Many more will emerge that don’t yet exist.

The good news is that this is good news.  Opportunity abounds, and what major you pick or what label you spit out when someone asks what you want to do are of little importance.  You have massive flexibility and a chance to explore and experiment.  You can even create new roles that no one ever thought of.

Stop stressing about it.  Don’t fret over getting an internship that perfectly aligns with your imagined industry of choice.  As long as you’re not doing something you hate, you’re heading in the right direction.  You don’t know what you’ll discover.  You can’t learn it from a course catalog or guidance counselor.  You’ve got to engage the world and see what you respond to and what responds to you.

Not only that, but it is well documented that ‘outsiders’ are most likely to innovate.  If you go directly from a finance major to an investment banking internship and then job, you’ll have experiences and knowledge identical to nearly everyone you work with.  If you first spend a few years working at a software startup, building a network of owners of financial service businesses, then transition into investment banking, you’ll have a persepctive and paradigm that makes you truly unique.  You’ll have a network that most of your peers lack.  You’ll be able to do that thing which is the holy grail of the creative process, and create a new instersection of separate matrices of thought.

Your theories about what industry or job fits you are like all theories.  They need to be tested.  Go try some stuff.  Anything you don’t dislike is fair game.  You might discover new roles you never thought of.  You might invent and new industry or join it as it emerges.  You might gain a distinct advantage and a unique outlook, network, and experience set by working somewhere unlikely first.

Don’t try to pick your industry yet.  In fact, don’t ever pick one.  Just do interesting stuff.”

I stand by this advice.  If you want to get started doing interesting stuff, apply to Praxis!

James Walpole’s Praxis Story

Walpole

Now that we’ve had a few classes graduate and more are getting underway every month, the stories are beginning to roll in.  I love it.  This is the stuff that reminds us why we do what we do every day.  It’s not easy, but nothing good is.

Praxis September 2014 participant James Walpole joined the program right out of high school, deferring a college experience he wasn’t entirely sold on so he could get some real world time under his belt.  A year later and James was running marketing for a tech startup in the Bitcoin space…at age 19.  No degree, just the kind of job he had hoped a degree might get him four years and untold thousands later.  Not to mention a new outlook and the confidence to try a great many things never before considered.

I’ll let James tell it in his own words…

“I’ve always had big goals for my life. When it came to actually accomplishing them, I wasn’t much different from many people my age: I was getting nothing important done. I was keeping my head down and working hard to do well in school and have a “normal” teenage life. I had done well at these, so I was waiting for the conveyor belt to carry me on to my dreams of being a great thinker and entrepreneur.

I was being complacent. I think that complacency would only have gotten worse if I had chosen to stay on that path into college and beyond. I had already applied to several schools. While I wasn’t impressed by the conformity of college culture, I thought I had no other choice but to go.

Praxis was a breath of fresh air. It shook me back to the awareness that I was sleepwalking through important decisions in my life. More importantly, it showed me than an education that fit my values was possible and did exist. I could bring my ideas to life in my work, and I had no excuse not to take the first steps toward making my goals real.

While it was scary at first to turn down college and scholarship offers to do something so different, the decision to apply was one of the best I made. Throughout my time in the program, I gained hard skills and work experience in an industry I loved, explored great works and ideas alongside my Praxis advisors, and built strong networks in my business community and friendships with my fellow Praxis participants. I know a little bit more now about what it takes to be an effective entrepreneur and thinker, and I’ve taken responsibility for getting there.

The growth I experienced in Praxis has continued after the program. I’m still working full time for my Praxis business partner, managing marketing work to which I was new just a year ago. Learning how to handle this responsibility and the challenges that have come along with it has made me a better, braver, and more competent person.

When I think about my future now, I’m not worried about who’s going to pay me or who’s going to hire me. I’m also not expecting to achieve my goals automatically. I know I can handle challenges above my “approved age level”, and I know how to create my own path. I have Praxis to thank for that. This experience didn’t just save me four years – it’s changed how I’m living my life.”

If you want to take a leap and do what James did, apply now.  There’s nothing to lose but the known, well-worn path that will always be there.

James blogs regularly at the Praxis blog as well.  Read his full story and other posts here.

If you want to talk to him about his experience, email James here.

Letter from a Praxis Participant

Praxis participant Nick Tucker is killing it.  At age 19, he’s working with a successful entrepreneur at a great company and building the life he wants.  Here’s what he had to say in a recent email:

“During my senior year of high school, I had questions coming in from dozens of different people about what my plans were for the following year. It seemed like the only right answer was to attend a solid college. But my heart wasn’t in it. Even when I was just applying for colleges I could barely force myself to sit down and fill out the applications.

Growing up in a college town, I had a pretty good idea about what a typical Freshman year was like in college. It had virtually nothing to do with preparing for real life and establishing a career. I wanted more, but I was stuck. It didn’t seem like there were any other legitimate options available. Then I discovered Praxis.

Now just 4 months into the program, I’ve developed many different skills that have made me valuable in the workforce. I’m working in sales on a very large scale which has been a dream of mine since I got my first job as a server. I’ve grown intellectually every single month since this last September. I have access to an incredible network of amazing people who I know are rooting for me to succeed. The program has surpassed my wildest dreams and I wouldn’t want to be doing anything else.”

Nick has the most important qualities for success: confidence and work ethic.  The rest can all be learned, and he’s doing it now.

Feeling the itch to get into the world and do something awesome?  Intrigued by the adventure and challenge?  Been thinking about it but not ready to pull the trigger?  Why wait?

Apply today.

Praxis or not, don’t just do what you’re “supposed” to do because you can’t think of anything else.  Take the reins.  Be in the driver’s seat of your education, career, and life.

Getting Started on Entrepreneurship While You’re Young

In “The Future of School” I share my biggest regret:

“I wish I had more confidence, and earlier, about going my own way.”

It took me a long time to realize that all the things I thought and did differently weren’t things I should try to shut down, hide, or change.  They were my greatest strengths.

When you’re 14, 16, or 18, all the world seems to be screaming at you to look like the average of some aggregate.  Well-meaning teachers, parents, coaches, relatives, and friends want to know how you stack up on a series of “normal” indicators of status and ability.  They want you to know the stuff everyone else your age knows, and do the stuff everyone else your age does.

But the reality is that it’s the “Crazy Ones” who change the world.  It’s those who gain the courage and confidence to not suppress their unique take; their hacks and workarounds; their weird approaches and unconventional interests and solutions.  These are the makings of an entrepreneur.

And let’s be clear: entrepreneurship is the greatest single skill needed for the present and future marketplace.  Machines and software are taking off like never before, and they can follow rules and obey orders and perform rote tasks better than humans.  This is not cause for concern, but a huge opportunity.  It frees up humans to do what only humans can: creatively problem solve, innovate, experiment, and adapt.

But it does mean that the vast majority of what’s taught in traditional education settings is of little and decreasing value.  Knowledge of facts is nearly obsolete.  We have Google.  Memorization is silly when we have unlimited digital storage.  Following the crowd kills the best instincts and opportunities for value creation.  We need to re-ignite the entrepreneurial spark that everyone is born with.

That’s why we’ve built a 60-day entrepreneurship eCourse for teens.  It all begins with a mindset.  The mindset I wish I would have found sooner.  The mindset that says your best assets are your most unique attributes.  It’s about turning your creativity into a discipline.  It’s about becoming a self-directed, perpetual learner.  It’s about experimentation, trial and error, and approaching life like a game.

This course is hard.  You could easily scan it and gain a few bits of wisdom.  But that’s not what it’s built for.  It’s built for an intensive 60 days.  It’s built to make you a little uncomfortable as you learn to explore your own strengths, weaknesses, and passions, build a basic website, and share your ideas and lessons learned along the way.  If you go through it – really go through it and complete every part – you will absolutely walk away a different person, closer to your goals and the life you want to live.

If you complete the whole thing we’ll be impressed.  In fact, we’re giving you a free coaching session with course creator and Praxis Education Director T.K. Coleman if you do.  You think you can do it?

You don’t need to have that big business idea to begin on the entrepreneurial journey.  It starts by becoming the type of person who is ready and able to seize the moment when that big idea comes.  It starts now.

Are you ready?

Praxis Teen Entrepreneurship Course

Praxis on the Local Level: Pittsburgh

As I mentioned at the end of 2015, Praxis is launching some exciting new things this year.

In addtion to the Teen Entrepreneurship eCourse, we’ve also launched a local version of the full Praxis program, starting with Pittsburgh, PA.

It’s awesome.

This is the same 12-month experience – paid work at an amazing company, intensive personal and professional development, hard and soft skills, and liberal arts education – but with a local cluster of business partners and participants.  This allows those in a particular region to get all the benefits of the program AND stay close to home and have more time interacting in person with their fellow participants.

Zak Slayback is the director for the Pittsburgh program.  I couldn’t think of a better person.  A PA native and Ivy League dropout, Zak has done nothing but crush it since he left the confines of the academy to join Praxis nearly two years ago.  He’s a great example of exactly the kind of work ethic + bold thinking we look for.

The cool thing about this model is that Zak can really put down some roots and connect with local networks of young people – high schools, colleges, clubs, homeschool groups, etc. – and local businesses over the long term and offer an amazing opportunity for them to get out of the classroom for a year and learn entrepreneurship from successful Pittsburgh entrepreneurs.

It doesn’t stop there.  This model can be replicated in cities across the country and the world.  It takes a network of young mold-breakers and great companies with the power of the unique Praxis coaching and education process.  Stay tuned as we continue to grow.

Check out Praxis Pittsburgh, and reach out to Zak if you have any connections in the area or want to learn more!

The Future of School & Entrepreneurship: Interview on Practice of the Practice with Joe Sanok

I had the distinct pleasure of joining my old friend Joe Sanok on his podcast Practice of the Practice to talk entrepreneurship, education, productivity, happiness, and much more.

Joe and I were in a band together in college (someday we’ll put the band back together, I swear) and we also started an international humanitarian project, among other hijinx.  We’ve barely kept in touch over the years but hit it off like old times.

Joe started a successful counseling practice and realized quickly how many counselors could benefit from learning business basics, hence PoP was born.  He’ll be coming on an episode of my podcast very soon to talk about growing his business and his business to help others grow business.  Until then, enjoy this conversation on PoP!

The future of school and entrepreneurship