Daniel Vassallo

Daniel Vassallo quotes on perspective

Building a portfolio of small bets. Quarter-time with Gumroad. Building userbase.com. Creator on dvassallo.gumroad.com. Ask me anything at daniel@hey.com.

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Don't build a product. Build a portfolio of small bets. Once you adopt this perspective, it becomes a lot easier to figure out what you should be doing (and not doing).


Imagine thinking that having fun is a waste of time.


There are no facts. Only likelihoods and unlikelihoods. Outside of math & logic, nothing can be proven true; only proven false. Once you get this, you will see the world differently. You will start thinking in probabilities and bets instead of truths and facts.


The weekend is a good time to take stock of your means: your skills, your connections, your free time, your experience, your location, your perspective, your interests, your strengths, etc. Then try to use what you have to design a lifestyle that better matches your preferences.


You don’t get an open mind by trying to acquire all the information, but by delaying the formation of your opinions. Problem is that opinions are sticky. Once we generate a theory, we are unlikely to change our mind, and find it very hard interpreting conflicting information.


Your book might change lives, have the best testimonials, and perfect ratings. But there's a psychological limit to how much people will pay for a PDF. Pricing consumer products is almost all about psychology.

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