590: Nat Eliason - Winning & Losing Millions, Moonwalking with Einstein, Creating Memory Dividends, Making Our Days More Memorable, and Writing Captivating Stories (Crypto Confidential)
Jul 7, 2024
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Nat Eliason, a philosophy graduate, discusses making days memorable by throwing multi-phase parties, doing hard things to build self-confidence, and the corrupting nature of money. He shares insights on memory competitions, creating memory dividends, and navigating the challenges of the crypto world.
Create memorable experiences by breaking events into distinct parts for increased memorability.
Manufacture hardship to foster personal growth and resilience, shaping a self-image of capability.
Avoid procrastination in pursuing big life goals, as there is never a perfect time to take action.
Deep dives
The Impact of Memorable Experiences and Routine on Happiness
The podcast explores the idea that the happiest life might also be one of the least memorable ones, with days blending together when routine and satisfaction are prioritized. The speaker discusses how manufacturing hardship for oneself can lead to personal growth and resilience, citing personal examples and the importance of engaging in challenging experiences.
Adding Texture to Time for Memorable Experiences
The importance of adding 'texture to time' is highlighted, where engaging in challenging or unexpected activities creates more memorable experiences. Specific examples from memory experts and relationship advice books are mentioned, emphasizing the impact of breaking events into distinct parts for increased memorability.
The Challenges of Managing Finances and Personal Growth
The speaker shares personal experiences of navigating the volatile world of cryptocurrency, detailing the financial rollercoaster and emotional strain that came with it. The vulnerability of discussing the impact on relationships and decision-making processes underscores the complexities of managing finances and personal growth.
The Value of Career Exploration and Self-Discovery
Advice is given on navigating early career choices by advocating for exploring different roles and industries before committing. The benefits of trying various opportunities and finding the work that aligns with personal fulfillment and growth are emphasized, encouraging individuals to be intentional and focused once the right path is identified.
Balancing Personal Growth and Professional Pursuits
The importance of balancing personal growth and career choices is stressed, highlighting the need to find fulfilling work and commit fully to it. The speaker's journey of self-discovery and transition into writing full-time serves as an example of exploring different paths and dedicating efforts to what aligns with one's passion and strengths.
This episode is supported by Insight Global. Insight Global is a staffing company dedicated to empowering people. Please CLICK HERE for premier staffing and talent.
Notes:
Nat Eliason studied philosophy at Carnegie Mellon University. Since he started publishing his writing in 2013, his work has been read by millions of people and spun out multiple businesses ranging from a marketing agency to a cafe. He’s the author of Crytpo Confidential: Winning and Losing Millions in the New Frontier of Finance.
How to make our days more memorable?
Throw parties with 3-4 different phases.
When taking your loved one out on a date, have 3 different parts. Implement homework for life. Write down the stories of each day. This helps you remember them more.
Do Hard Things – Our self-image is composed of historical evidence of our abilities. The more hard things you push yourself to do, the more competent you will see yourself to be.
"Build up your identity of being a capable person."
"Money corrupts quickly."
It’s never the right time. Any time you catch yourself saying “Oh it’ll be a better time later,” you’re probably just scared. Or unclear on what to do. There is never a right time for the big things in life.
Moonwalking with Einstein -- Memory competitions.
Die with Zero -- Create memory dividends (Bill Perkins). Be in the moment.
Homework for Life (Matthew Dicks).
Nat's birthday this year was the first time he ever felt sad (on a birthday)... Why? "It feels like it's going by quicker than it ever has."
Create time with texture? "Mine workers have time with texture. I'm not sure that's memorable or desirable."
Crypto Confidential is the roller coaster story of getting rich, going broke, scamming, and getting scammed. It’s a narrative of Nat’s personal journey through the world of crypto, but it’s also a revealing look at exactly how the crypto sausage gets made—and how we can all be more educated participants during the next inevitable bull run.
Money can buy happiness. So long as you spend it on upgrading and expanding the things that make you happy, instead of using it to play status games or on fleeting experiences.
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