Nat Eliason, an author and entrepreneur known for his insights in the crypto space, shares his journey of navigating the emotional highs and lows of the market. He discusses the importance of finishing first drafts to nurture creativity while managing personal challenges. Eliason highlights the necessity of balancing work with genuine relaxation to avoid numbing behaviors and burnout. He also explores how writing fuels his passion and the transformative impact of introspection and emotional regulation in both financial and personal spheres.
Nat Eliason's emotional journey through significant financial loss in the crypto market reveals the psychological impact of volatility and the necessity for resilience.
The discussion emphasizes the critical distinction between authentic relaxation and numbing behaviors, advocating for genuine self-care amidst overwhelming modern life demands.
Elison's exploration of curiosity illustrates its role as a driving force behind his career choices, fostering creativity and long-term fulfillment over fleeting interests.
Deep dives
Emotional Resilience in Financial Loss
The episode highlights an intense personal journey involving significant financial loss in the crypto market, where the guest, Nat Elison, experienced the emotional whirlwind of losing millions of dollars almost overnight. This experience served as a moment of reflection, prompting him to write about the challenges and lessons learned, particularly around the valuation of risk and reward in investment. Throughout the conversation, he emphasizes the psychological toll waylaying financial fluctuations can have on a person, and how it becomes essential to nurture emotional resilience amidst such chaos. By exploring these feelings, Elison reveals the importance of understanding one’s relationship with money and the emotional implications tied to it.
The Distinction Between Relaxation and Numbing
A critical discussion centers around the difference between genuine relaxation and numbing behaviors that people often resort to when overwhelmed. Elison stresses that modern professional life tends to push individuals toward coping mechanisms, such as excessive drinking or substance use, instead of fostering true rest and rejuvenation. He underlines the need for people to learn to relax authentically without resorting to distractions that prevent acknowledging inner emotional states. This exploration encourages a dialogue about the necessity of a balanced life that involves authentic self-care rather than temporary fixes.
Curiosity as a Driving Force
The podcast delves deep into the theme of curiosity and how it has significantly shaped Elison's life choices, starting from his childhood fascination with video games to his various entrepreneurial ventures. His curiosity has ingested a voraciously educational approach, where learning through exploration has been a consistent theme in his career. He reflects on the balance between following fleeting interests and committing to passions that can sustain longer engagement, effectively illustrating how curiosity drives creativity and innovation within his work. By discussing various career transitions, he reinforces how maintaining curiosity can lead to fulfilling personal and professional endeavors.
The Evolution of Work Ethic
Elison offers insight into his shifting perception of work, touching on the initial adversarial relationship he maintained with work and money, which was more about gaming the system for short-term gains. As he matured professionally, he began recognizing the value of sustainable work practices that emphasize long-term fulfillment over short-term success. The podcast reflects on how this realization shaped his career trajectory and pushed him towards writing as a central focus, rather than jumping from trend to trend. By aligning his work ethic with genuine interests, Elison illustrates a more satisfying and meaningful approach to professional endeavors.
Writing as a Healing Process
The conversation presents writing not only as a career pursuit but also as an essential tool for processing complex emotions tied to past experiences, including significant financial setbacks. Elison recounts how the act of writing about his crypto experiences served as a cathartic process, allowing him to confront uncertainties and regrets in a productive manner. This approach emphasizes the transformative power of writing in self-reflection and healing from emotional trauma. By allowing himself vulnerability in sharing his story, he advocates for the benefits of creativity in navigating life’s challenges and encourages others to express their narratives.
Navigating the Landscape of Psychedelics
Elison shares his experience and insights into the beneficial and potentially perilous nature of psychedelics, particularly in their capacity for facilitating emotional breakthroughs. While he acknowledges the advantages these substances can bring when used responsibly, he also calls for cautious exploration, emphasizing the risks of over-reliance and the necessity of proper guidance. Throughout this discourse, he draws upon his personal challenges, realizing that while psychedelics can unlock emotions, they also come with significant responsibility. This nuanced perspective reinforces the idea that such practices should be approached with mindfulness and respect, aligning with broader narratives on mental health.
In this episode, I’m speaking with a friend, author, entrepreneur & prolific writer Nat Eliason.
The timing of this conversation was interesting as we recorded it shortly before the US elections, after which the crypto markets shot back into the mainstream. You’ll hear about the intense emotional rollercoaster he went through, losing millions of dollars in a very short period of time — how it felt to write about this — what he’s learned about cultivating creative endurance with his writing, as well as his perspective on relaxation versus numbing and how our relationship with work pushes us towards coping mechanisms rather than genuine rest.
This is my flagship 5-week bootcamp designed to equip you with evidence-backed protocols to cultivate calm and emotional regulation. Our seventh cohort will run in Spring 2025 ~ and applications are currently open. My sense is that if this conversation resonates with you, then you'd likely be a great fit for our upcoming cohort. This curriculum represents my attempt to distill everything I've learned in recent years about creating the conditions for our nervous system's flourishing. It's run in an intensive cohort-based way since this is, in my experience, the most efficient way to embody and practice the protocols.
Previous students have shared how partaking improved their sleep and quality of relationships and tapped into deeper states of joy, clarity, and confidence in their lives. We've had over 1000 students have completed this training, and many have said that it has been the most impactful thing they've ever done for their personal growth — so if you're intrigued at all, you can find more details and apply to join this year's cohort over at nsmastery.com
Further Ways to Support the Podcast:
🎙️ I use Riverside to record all of my podcast conversations (it's so much better than zoom for podcasting!) 🎧 I also use Transistor to host this podcast, it's fricking awesome, and I would highly recommend. 😎 RaOptics make the world's best Blue Blockers – I wear these anytime I'm out of the house after dark, and it makes a huge difference! 🤖 I use AI wizardry from Castmagic to help with each episode's show-notes + timestamps 📝 Test out my favourite journaling app using journal prompts that have made a huge impact in my life.
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