If you want to be successful in NFTs, or any other fields, you need to learn to take care of yourself.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Back when I got into startups there was also an unhelpful meme around that suggested you have to work 24/7 on your startup and abandon everything else.
It's wrong.
👇
Tweets like this are part of the problem. They're nothing new. In fact they're so old they've already been answered a million times! NFT/Crypto twitter is being served up the same reheated shit that's been fed to young hopefuls for decades.https://t.co/6o4RtZoyqu
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Check out @jwz's post on this disingenuous approach by investors who want you to work their ass off to make them money. @jwz was an early engineer at Netscape and so made $$$. @arrington tried to use his example to get ppl to work harder.https://t.co/z5GTHpTgEV
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Check out @jwz's post on this disingenuous approach by investors who want you to work their ass off to make them money. @jwz was an early engineer at Netscape and so made $$$. @arrington tried to use his example to get ppl to work harder.https://t.co/z5GTHpTgEV
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
I guess I shouldn't be surprised that when I check @Cooopahtroopa's profile... he's a VC. It's like the exact same story playing out *again*. Except that NFTs and crypto are even more addictive and 24/7 than startups. pic.twitter.com/ImKkItzIEj
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Working 24/7 without breaks for months drives people to mental breakdowns and burnouts, and wears their body out.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
It does not make them successful, in crypto or NFTs or any other space.
Success is not a lottery ticket. It's more like compounding interest.
Becoming rich through your actions has two obvious paths to it:
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
1) Win the lottery
2) Accumulate wealth over time
Success is the same, if only because money is a concentrated, tokenised, tradeable "success" substitute in many ways. pic.twitter.com/gpZpw6Esi1
The thing about accumulating success over time is, whilst it's less romantic and harder, it works much better. Because success compounds on success, much like money compounds. The more successful you are, the more opportunities tend to come your way.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
The rich get richer, and the successful get more successful.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
And you know what habit successful people don't have? Sleeping under their desk. Or staying up 24/7, sleep deprived, haggard, unable to think straight for months on end.
Successful people take care of their diet, their body, they exercise, they take time to rest, to think, to be alone and let their thoughts wander.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Best productivity tip for anyone? Spend 1h every morning walking through the park without your phone, enjoying your surroundings.
We all have a dream of where we want to be in the future, and it's not unreasonable to want to be better off than you are now - even much better off.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
What is unreasonable is to expect to get it by winning the lottery.
10-20 years ago, the lottery was "starting a startup". Today, it's "getting lucky in crypto", whether a token, an NFT project, being an investor, being an influencer, participating in a DAO... whatever.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
It's the same wolf in different clothing.
Can you get rich by those means? Sure. Can it be purely luck? Yeah maybe. But most startups won't be Facebook and most NFTs won't be Cryptopunks. In most cases you'll make a small profit, and have to keep going and hustling to the next one. In some you'll lose.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
If you invest in NFTs well you can expect to make money from it. That's reasonable. But it's unreasonable to expect to wake up one day and find you are suddenly a millionaire.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
It can happen, but it's very unlikely. Like winning the lottery.
Please take my advice on this: web3 is not a point event. We're experiencing a huge wave of innovation and growth for at least another 10, probably 20 years, maybe longer. We're very early.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
In these decades, there will be billions of opportunities to become successful.
It pains me when I read a thread like this by @Intenex . It's warm-hearted and well intended *and* shows someone who's been sucked into the Dopamine crack pipe of NFT-land. And in my experience it is not a path to success.https://t.co/lKapQGmGRS
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
So instead of letting that FOMO eat you alive and stop you from sleeping... realise that you have time. Especially if you're young. You have decades of opportunities ahead of you.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Instead of getting scared of missing one, prepare for when the right one comes knocking.
If you work on yourself, on being more aware, more balanced, more at peace with yourself, more physically fit, more steady in the storm, sharper-focused, more educated and knowledgeable, when the right opportunity comes, you'll spot it and seize it.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
As they say, time in the market > timing the market.
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
This is a marathon, not a sprint.
Prepare yourself for the long haul. Sleep well, eat well, take care of yourself. Cultivate the relationships with family and friends that give meaning to your life.
TL;DR:
— Daniel Tenner (swombat.eth) (@swombat) November 30, 2021
Success through self-sacrifice is a dangerous myth.
Success through self-growth is the way forward here.
gm & gl