Smart Friends

On this episode we welcome Index Coop, a DAO focused on building and governing crypto indexes. They want to be the Vanguard of Crypto. In our discussion we explore Simon’s journey from the US Marines to the world of crypto. Simon explains what Index Co-Op is and why it’s the most intense group he’s ever been a part of. Lastly, learn why people all over the globe are quitting their jobs to become a part of DAOs and more on this episode.

Additional resources to help enrich your experience below:

Topics Covered: 

-What a DAO is and why they are so enticing 

-How people are making full time jobs out of crypto

-How Index Co-op pays via governance tokens

-The next generation of intra business communication

-How Index Co-op plans to replace Vanguard in the next 10 years

Favorite Quotes:

• ”With DeFi the technical barriers of today will be solved within a month from now, anything is possible.”

Additional Resources:

Index Co-op Website

Index Co-op Forum

Index Co-op Discord

Jason Hitchcock Episode

Sean O’Connor Episode

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

I appreciate your support! 

Sean O’Connor is a brilliant writer and marketer who has been working full-time in Crypto since 2016. Sean O’Connor is Head of Strategy at BlockNative, a blockchain infrastructure company. Previously, he was part of ConsenSys, an Ethereum startup studio, where he helped to launch and scale fan engagement dApps. His career has ranged from launching new digital products (big data and open source content), taking Mentored from vision to product in market, coaching for altMBA, and serving as the first Fulbright Scholar posted in Sri Lanka's former war region.

Additional resources to help enrich your experience below:

Topics Covered: 

-What exactly the different iterations of Web technology have enabled

-How Sean helped tokenize the first contract in pro sports with Spenser Dinwiddie

-Why the US needs to lean into stable coins to become the internet’s reserve currency

-How fan contributions to canon can be recognized and rewarded with blockchain

-How crypto is reinventing collateralized debt products to make them safer

-The different types of stable coins

-Explaining Layer1 and Layer2 (L1/L2) of blockchain

Favorite Quotes:

Additional Resources:

Mental Models Email Series

Mindfulness Meditations Book

Sean's Website

Sean's Twitter

Cellarius White Paper

Cellarius Universe Guide

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

I appreciate your support! 

On today’s episode I host Joe Hertler from the Michigan based funk/soul/pop band, Joe Hertler & The Rainbow Seekers! Joe Hertler recorded his first album "The Hard Times LP" in 2009, in his college dorm room. He later went on to form his band The Rainbow Seekers and never looked back. Listen as we discuss: how the craft of songwriting works, how Joe got started, and why music is a universal language. Learn how a band actually works, what the path to their success looked like, and much more. 

Additional resources to help enrich your experience below:

Topics Covered: 

-Why music is a universal language

-The path to success in the music industry

-The craft of songwriting

-How Joe got started in the music industry

-What makes a good song?

-How bands actually work

-An inside look at 250 days on tour

Favorite Quotes:

“Figure out who you are and what brings you joy and pursue that relentlessly”- Joe Hertler

“Everybody has moments of genius the difference is how many people pay attention to capturing them and writing them down”- Eric Jorgenson

Additional Resources:

Live at Red Rocks

AudioTree Full Session

Live at The Russell 

First Music Video: Ego Loss on Grand River Avenue

Quilted Attic Sessions - Carbon C14

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

I appreciate your support! 

On this episode I welcome Jason Hitchcock, crypto sensei and Principal at To The Moon Capital. Jason (Twitter: @JasonHitchcock) was among the few to be early to Ethereum, Helium, CryptoPunks, Alchemix, and more. He has 12 years of early stage startup experience and previously held a role at Twitch and Bebo. Listen as we explore DeFi, NFTs, intermediate wealth building, the Metaverse and much more. If you are new to the space I wanted to provide a quick glossary of terms and phrases that you might not be familiar with. Check it out here:

Crypto Glossary:

$ETH - I don’t own any Bitcoin. Bullish on Eth becoming the iOS of crypto. The next few months will be wild as miners are zeroed out, fees get burned, and staked eth yields go up. You cannot own enough eth. Setting up a validator is the easiest path to non trivial passive income

$Luna - user friendly Defi gov token that gets more valuable as more $UST is minted 

$ALCX - self paying loans. ALCX will earn 10% of protocol fees in v2, and grow along with stablecoin demand

$HNT - decentralized cellular network with parabolic growth

$AKT - A decentralized version of AWS compute. Users pay bills with AKT and fees go to stakers at 56% apy 

$ATOM- the gov token for the blockchain-in-a-box. Earns fees with every cross-chain transaction on IBC, the standard for interoperability.

$crv and $CVX: stake these to earn crazy yield from stablecoin swaps on Curve. 

$RUNE: cross chain liquidity of native assets. This will truly bring Bitcoin to defi. Insanely hard problem to solve is solved. 

$OGN - Shopify for NFT drops. OGN is making big deals, pay attention

$MATIC - first mover of the L2s has already inhaled billions on liquidity, and launches major integrations every day. 

$SUSHI - not just an exchange; but offering a full suite of smart contract templates for projects to launch their token economy. And it earns fees when staked

$AAVE - the perpetually undervalued lending platform that has an ocean of liquidity.

$ETH2x-FLI a token that gives exposure to a perfectly executed 2x leverage strategy on Eth. When eth is up, this goes up double. No liquidations or gas fees!

$osmo - osmosis is the uniswap of Cosmos and the first dex. It went to 100m in tvl in 2 weeks. Not bad! It’s the only place in defi to get all the Cosmos tokens.

$MOB - mobile coin is the payments token for signal. If it works out, they have millions of users who’d benefit

$ARCx - the first onchain credit score system for defi. Not all LPs or borrowers are the same. Protocols can give better liquidation levels or better rates depending on track record 

$RPL - if you believe staking ETH will be big, then the east staking-as-service will be too

Cryptopunks- the first @larvalabs’s innovation predated the ERC-721 token standard and was the inspiration for it.

Additional Resources:

The Bull Case For Ethereum

Bankless Newsletter

Suggest People to Follow:

-@CL207

-@RyanSAdams

-@TrustlessState

-@iamDCinvestor 

-@CryptoCobain (king of CT)

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

>> Join the Course Correctly community: https://coursecorrectly.com/about/ 

I appreciate your support! 

Nick Huber owns a real estate private equity company (http://boltstorage.com) in the self storage space. He owns 24 properties and over 630,000 rentable square feet in 4 states. He employees a team of 17 individuals and has raised over $10m in outside capital.

Artwork and illustrations by Jack Butcher of @VisualizeValue

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

>> Join the Course Correctly community: https://coursecorrectly.com/about/ 

I appreciate your support! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I’ve been carrying them in my head for thirty years, and I’ve been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

 Wealth is having assets that earn while you sleep. - Naval Ravikant

 Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant

Andrew Wilkinson is the co-founder of Tiny, a venture capital firm that has helped to build over 25 profitable internet businesses over the last 15 years. He got his start founding MetaLab, one of the world’s top design agencies. He has gone from working out of his apartment a little over a decade ago, to today overseeing a group of companies with over 300 employees and tens of millions in revenue.

Artwork and illustrations by Jack Butcher of @VisualizeValue

Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

>> Join the Course Correctly community: https://coursecorrectly.com/about/ 

I appreciate your support! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I’ve been carrying them in my head for thirty years, and I’ve been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

 Wealth is having assets that earn while you sleep. - Naval Ravikant

 Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant

Sky King is an entrepreneur and podcaster, passionate about creating systems that incentivize authenticity in media. He founded his company Modern Stoa based in Austin, Texas where he helps podcasters like Aubrey Marcus, Paul Saladino, Luke Storey, and more create and monetize sincere media. His new podcast Sky King’s Mental Playground will be launching in late August on Supercast. If you want to be early to the party subscribe at skyking.substack.com

Artwork and illustrations by Jack Butcher of @VisualizeValue

Huge thanks to Modern Stoa (modernstoa.co) for his help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit him up on Twitter (@consumersky) or Instagram (@iamaskyking).   

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

>> Join the Course Correctly community: https://coursecorrectly.com/about/ 

I appreciate your support! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I’ve been carrying them in my head for thirty years, and I’ve been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

 Wealth is having assets that earn while you sleep. - Naval Ravikant

 Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant

In the very first episode of Jorgenson’s soundbox Eric Jorgenson sought to use this opportunity to answer some of your core questions around The Almanack of Naval including:

What I learned creating the Almanack of Naval?

What story is underrated from the Alamanack of Naval?

What I have applied from The Almanack of Naval?

And of course I answered questions about leverage!

At the end of this episodes Erick Jorgenson 

We also go into what you can expect from Jorgenson's Soundbox. Topics can include DeFi, NFT's, How to put your money to work, education and much more. I hope you enjoy and continue on the journey to Jorgenson’s Soundbox.

A huge thank you to Naval Ravikant, Tim Ferriss, Jack Butcher, and everyone who made this book possible. Thank you for helping Eric Jorgenson help others live the lives that they want to live.

If you want to support the podcast, here are a few ways you can: 

>> Buy a copy of the Navalmanak: www.navalmanack.com/ 

>> Share the podcast with your friends and on social media 

>> Give the podcast a positive review to help us reach new listeners 

>> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa 

>> Follow me on Twitter: @ericjorgenson

>> Follow @FirstsFamous on Twitter 

>> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage 

>> Join the Course Correctly community: https://coursecorrectly.com/about/ 

I appreciate your support! 

Important quotes from Naval on building wealth and the difference between wealth and money:

How to get rich without getting lucky. - Naval Ravikant

Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant

I came up with the principles in my tweetstorm (below) for myself when I was really young, around thirteen or fourteen. I’ve been carrying them in my head for thirty years, and I’ve been living them. Over time (sadly or fortunately), the thing I got really good at was looking at businesses and figuring out the point of maximum leverage to actually create wealth and capture some of that created wealth. - Naval Ravikant

Seek wealth, not money or status. - Naval Ravikant

 Wealth is having assets that earn while you sleep. - Naval Ravikant

 Money is how we transfer time and wealth. - Naval Ravikant

Ignore people playing status games. They gain status by attacking people playing wealth creation games. 

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years. But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy. - Naval Ravikant

This final episode of The Almanack of Naval Ravikant includes Naval’s favorite books, his recommended reading, and more thoughts. This is a great resource to view Naval’s influences, and to find books to read deeper on key ideas from the book: investing, mental models, happiness, philosophy, and science. You’ll notice authors like Matt Ridley, Nassim Taleb, Richard Feynman, and more as well as some blog posts from Naval in this Epilogue.

Huge thanks to Sky King for his help. If you need help with podcast growth or monetization go to modernstoa.co or hit him up on twitter @consumersky

Artwork and illustrations by Jack Butcher of @VisualizeValue

Shownotes:

Important Quotes from the podcast on Books:

The truth is, I don’t read for self-improvement. I read out of curiosity and interest. The best book is the one you’ll devour. - Naval Ravikant

Read enough, and you become a connoisseur. Then you naturally gravitate more toward theory, concepts, nonfiction. - Naval Ravikant

I always spent money on books. I never viewed that as an expense. That’s an investment to me. - Naval Ravikant

If you eat, invest, and think according to what the “news” advocates, you’ll end up nutritionally, financially, and morally bankrupt. - Naval Ravikant

Naval shares the biggest, deepest, oldest thoughts in this philosophy episode. What is the meaning of life? It turns out there are 3 answers, from Naval’s perspective. Naval shares the values that he lives by, and “rational buddhism” the foundation of his worldview, which involves science, evolution, and ancient eastern wisdom. At the end of the day, as Naval reminds us… the present is all we have. This very moment of consciousness to enjoy peace and find joy and happiness.

Huge thanks to Sky King for his help. If you need help with podcast growth or monetization go to modernstoa.co or hit him up on twitter @consumersky

Artwork and illustrations by Jack Butcher of @VisualizeValue

Shownotes:

Important Quotes from the podcast on The Meaning of Life:

The real truths are heresies. They cannot be spoken. Only discovered, whispered, and perhaps read. - Naval Ravikant

Before you can lie to another, you must first lie to yourself. - Naval Ravikant

Important Quotes from the podcast on Values:

Another example of a foundational value: I don’t believe in any short-term thinking or dealing. If I’m doing business with somebody and they think in a short-term manner with somebody else, then I don’t want to do business with them anymore. All benefits in life come from compound interest, whether in money, relationships, love, health, activities, or habits. I only want to be around people I know I’m going to be around for the rest of my life. I only want to work on things I know have long-term payout. - Naval Ravikant

Important Quotes from the podcast on Wisdom and being present:

The older the question, the older the answers. - Naval Ravikant

Everyone starts out innocent. Everyone is corrupted. Wisdom is the discarding of vices and the return to virtue, by way of knowledge. - Naval Ravikant

Inspiration is perishable—act on it immediately. - Naval Ravikant

“Everything is more beautiful because we’re doomed. 

You will never be lovelier than you are now, and we will never be here again.” 

—Homer, The Iliad