4 simple steps to earn in the bear market (that you'll actually use):
By the end of this thread you will have:
1. Revenue generating ideas
2. Strategies to increase your skills
3. Set a path for a Web3 job
4. Systems to build a high value network
Let's go ⬇️
1. Revenue generating ideas
2. Strategies to increase your skills
3. Set a path for a Web3 job
4. Systems to build a high value network
Let's go ⬇️
But first, why should you learn all this in the first place?
Because everyone else will.
Think of it as having a "first mover" advantage.
You might not have been early to Bitcoin or Ethereum, but there aren't many people optimizing these strategies.
So here's how to begin:
Because everyone else will.
Think of it as having a "first mover" advantage.
You might not have been early to Bitcoin or Ethereum, but there aren't many people optimizing these strategies.
So here's how to begin:
Step 1: Find time to start writing
Writing is one of the best ways to express yourself.
Do it on an open social media platform like Twitter.
You can grow an audience from writing about what interests you.
Writing is one of the best ways to express yourself.
Do it on an open social media platform like Twitter.
You can grow an audience from writing about what interests you.
Don't be tied down to one category.
Usually, this is the single biggest mistake people make.
Write about whatever interests you..
Even if you don't grow an audience, it's a great way to keep track of your thoughts.
As an example, here's how I use Twitter:
Usually, this is the single biggest mistake people make.
Write about whatever interests you..
Even if you don't grow an audience, it's a great way to keep track of your thoughts.
As an example, here's how I use Twitter:
What do I dedicate my time to?
Well, I enjoy sharing my findings on Web3, startups, creating content and online business.
As you can see, I explore my interests.
That's why writing a thread like this - doesn't even feel like work.
Here's how you can begin:
Well, I enjoy sharing my findings on Web3, startups, creating content and online business.
As you can see, I explore my interests.
That's why writing a thread like this - doesn't even feel like work.
Here's how you can begin:
I'd ask you first:
What have you been working on in the last 3 years?
Using what you know, are you able to teach someone something new?
Identify your "specific knowledge" (h/t @naval).
Then start writing about it.
What have you been working on in the last 3 years?
Using what you know, are you able to teach someone something new?
Identify your "specific knowledge" (h/t @naval).
Then start writing about it.
@naval Step 2: Learn tangible skills
Tangible skills are skills evident to employers during a hiring process.
When mass hiring begins again (in the bull market) - you want to stand out from the crowd.
Here's how to approach this:
Tangible skills are skills evident to employers during a hiring process.
When mass hiring begins again (in the bull market) - you want to stand out from the crowd.
Here's how to approach this:
@naval Pick ONE skill that you've been trying to improve for years.
But how exactly do you know what's most valuable?
Good question.
Jot down as many roles you can see yourself doing in the future e.g developer, marketer.
What "common" skill would be the most useful.
But how exactly do you know what's most valuable?
Good question.
Jot down as many roles you can see yourself doing in the future e.g developer, marketer.
What "common" skill would be the most useful.
@naval Narrow it down to one tangible skill e.g coding in Solidity.
Spend the first 10 hours thinking about how you can learn it efficiently:
Gather a comprehensive list of resources.
The resources should include how to go from 0-100 in coding, for example.
Here's the next step:
Spend the first 10 hours thinking about how you can learn it efficiently:
Gather a comprehensive list of resources.
The resources should include how to go from 0-100 in coding, for example.
Here's the next step:
@naval You now have a list of resources, but in no specific order.
Begin to order them from 1 to ...n.
Dedicate time to working through these resources.
Two tangible skills I'm improving on is on-chain analytics and tokenomics.
If your interested in these, I've saved you some time:
Begin to order them from 1 to ...n.
Dedicate time to working through these resources.
Two tangible skills I'm improving on is on-chain analytics and tokenomics.
If your interested in these, I've saved you some time:
@naval For on-chain analytics - here's where I got started:
@VirtualKenji writes a great thread full of resources.
@VirtualKenji writes a great thread full of resources.
@naval @VirtualKenji For tokenomics, here's where I got started:
@packyM crowdsourced an exceptional guide.
@packyM crowdsourced an exceptional guide.
@naval @VirtualKenji @packyM Some final tips:
Prove your value with evidence.
It's worth purchasing a certificate or a license for $.
It's useful to your future employer.
They would choose an employee who can prove their skills with evidence, over one who can't.
Prove your value with evidence.
It's worth purchasing a certificate or a license for $.
It's useful to your future employer.
They would choose an employee who can prove their skills with evidence, over one who can't.
@naval @VirtualKenji @packyM Step 3: Consider a start-up
If you don't see yourself as an employee - then be an entrepreneur.
Anyone can create a company that solves a problem.
Especially if you are under 30, I would recommend giving this serious thought.
Here's why:
If you don't see yourself as an employee - then be an entrepreneur.
Anyone can create a company that solves a problem.
Especially if you are under 30, I would recommend giving this serious thought.
Here's why:
@naval @VirtualKenji @packyM The benefits of being younger:
You have less dependancies- you aren't as likely to have a mortgage or lots of debt.
You have more time to fail and pick yourself up.
Going bankrupt at 25 is better than going bankrupt at 40.
It suits you to take risks early.
You have less dependancies- you aren't as likely to have a mortgage or lots of debt.
You have more time to fail and pick yourself up.
Going bankrupt at 25 is better than going bankrupt at 40.
It suits you to take risks early.
@naval @VirtualKenji @packyM Entrepreneur vs Employee
I will be releasing a playbook for successful start-ups in the future.
It is one of the most lucrative opportunities- if you are able to sacrifice your time.
But if you'd rather the safety that comes with being an employee.
Here's some opportunities:
I will be releasing a playbook for successful start-ups in the future.
It is one of the most lucrative opportunities- if you are able to sacrifice your time.
But if you'd rather the safety that comes with being an employee.
Here's some opportunities:
@naval @VirtualKenji @packyM @Thedefiedge has a great job board for Web3 and crypto.
Companies can advertise available positions.
You can also apply for work there, based on your talents.
thedefiedge.pallet.com
Companies can advertise available positions.
You can also apply for work there, based on your talents.
thedefiedge.pallet.com
@naval @VirtualKenji @packyM @thedefiedge @Darrenlautf the creator of The Daily Bear (Ape) also has a cool job board.
Even in the midst of the bear market, companies and DAO's haven't stopped hiring here.
t.me
Even in the midst of the bear market, companies and DAO's haven't stopped hiring here.
t.me
@naval @VirtualKenji @packyM @thedefiedge @Darrenlautf Step 4: Build valuable relationships
Find the right people to work with.
As @Naval put, build something long term with long term people.
Find the right people to work with.
As @Naval put, build something long term with long term people.
@naval @VirtualKenji @packyM @thedefiedge @Darrenlautf I value my individual connection with everyone.
That is why I always will try to respond to my DMs - even if they do get crowded.
So - my social relationships have only strengthened.
But what if you haven't built valuable connections yet.
Here's how I would approach this:
That is why I always will try to respond to my DMs - even if they do get crowded.
So - my social relationships have only strengthened.
But what if you haven't built valuable connections yet.
Here's how I would approach this:
@naval @VirtualKenji @packyM @thedefiedge @Darrenlautf I would use the "bible of networking".
@SahilBloom writes an amazing guide on how to cold email.
Apply these principles to a simple Twitter DM or in Linkeldn, and you'll get far.
@SahilBloom writes an amazing guide on how to cold email.
Apply these principles to a simple Twitter DM or in Linkeldn, and you'll get far.
@naval @VirtualKenji @packyM @thedefiedge @Darrenlautf @SahilBloom Those are 4 strategies that you can start implementing.
Follow me @crypto8fi for more threads on business, Web3 and creating content.
I’ll write a deep dive on this topic in an upcoming newsletter. Join 2K+ who will receive it directly in their inbox!
cryptofi.substack.com
Follow me @crypto8fi for more threads on business, Web3 and creating content.
I’ll write a deep dive on this topic in an upcoming newsletter. Join 2K+ who will receive it directly in their inbox!
cryptofi.substack.com
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