The magic of doing $10,000 per hour work

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  • Credit card hacking is a prime example of doing $10/hour work. * It feels productive (free money!). * It releases dopamine (A free flight upgrade!) * And it makes you feel like you’re outfoxing a competitor (I got away with THIS!). ==* But does not move the needle==
  • ==$10k/hour examples. What would move the needle? * Cancelling Amazon prime. * Conducting a monthly money review with your spouse. * Paying cash for all purchases. * Learning how to cook.== * Automating a 529 plan for an unborn child.
  • But because the deliberate investment you make will pay off in spades at a future date.
  • identifying your highest leverage activities
  • ==$10/hour work The land of low skill low leverage work is plastered with all kinds of temptations.==
  • ==$10/hour work is busywork. Full stop. It doesn’t move the needle.==
  • A litmus test for ==$10/hour work is: could I do this hungover?==
  • ==$100/hour work This quadrant is busywork at scale.==
    • Said differently, you’re leveraging the wrong skill.
  • But his ==$10,000/hour skill was knowing just enough about each function and distilling complex issues into simple questions.==
  • There’s no swoosh sound when you complete it. Zero dopamine. The results aren’t seen for years, if not decades.
  • What’s more, ==$10K work is personal. It’s a peculiar cocktail of your industry, skills, passions, curiosities, relationships and vision.==
  • some high-leverage and high-skill activities?

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