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Excellent Advice For Living: 79 Maxims from a Wise Old Man

On his 68th birthday, Kevin Kelly began to write down for his young adult children some things he had learned about life that he wished he had known earlier. Kelly’s timeless advice covers an astonishing range, from right living to setting ambitious goals, optimizing generosity, and cultivating compassion. Excellent Advice for Living is the ideal companion for anyone seeking to navigate life with grace and creativity: https://amzn.to/4adhQd7 Episode sponsors: ⁠ Ramp⁠⁠⁠⁠⁠⁠⁠ gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud ⁠⁠⁠by going to Ramp and learning how they can help your business control your costs and save time and money.⁠⁠⁠ ⁠⁠⁠⁠https://ramp.com Automate compliance, security, and trust with Vanta.⁠ ⁠⁠⁠Vanta helps you win trust, close deals, and stay secure—faster and with less effort⁠⁠⁠⁠. ⁠⁠⁠Find out how increased security leads to more customers by going to Vanta⁠⁠⁠. Tell them David from Founders sent you and you'll get $1000 off. https://www.vanta.com/founders Collateral⁠⁠ transforms your complex ideas into compelling narratives. Collateral crafts institutional grade marketing collateral for private equity, private credit, real estate, venture capital, family offices, hedge funds, oil & gas companies, and all kinds of corporations. Storytelling is one of the highest forms of leverage and you should invest heavily in it. You can do that by going to ⁠⁠https://collateral.com Some of my favorite quotes from the episode: 1. Choose to believe that the entire universe is conspiring behind your back to make you a success. 2. Mastering the view through the eyes of others will unlock many doors. 3. If you can avoid seeking the approval of others your power is limitless. 4. The reward for good work is more work. 5. Don’t be the best. Be the only. 6. The urgent is a tyrant. The important should be your king. 7. Find smart people who will disagree with you. 8. The main thing is to keep the main thing the main thing. 9. The most counterintuitive truth of the universe is that the more you give to others the more you'll get. 10. Life gets better as you replace transactions with relationships. 11. Courtesy costs nothing. 12. Life lessons will be presented to you in the order they are needed. 13. Cultivate an allergy to average. 14. If you repeated what you did today 365 more times would you be where you want to be next year? 15. If you are alive that means you still have lessons to learn. 16. Master something.Through mastery of one thing you'll command a viewpoint to steadily find where your bliss is. 17. Trust is earned in drops and lost in buckets. 18. First, always ask for what you want. Works in relationships, business, life. 19. If nobody else does what you do you won't need a resume. 20. How to apologize: quickly, specifically, sincerely. 21. You choose to be lucky by believing that any setbacks are just temporary. 22. The best way to advise people is to find out what they really want to do and then advise them to do it. 23. It is certain that 99% of the stuff you are anxious about won't happen. 24. What is important is not what happened to you but what you did about what happened to you. 25. Your golden ticket is being able to see things from other people's point of view. 26. Pay attention to who you are around when you feel best. Be with them more often. 27. To get your message across follow this formula: simplify, simplify, simplify, then exaggerate. 28. You will thrive more when you promote what you love rather than bash what you hate. 29. To be interesting just tell your own story with uncommon honesty. 30. When you truly think for yourself your conclusions will not be predictable. 31. Don’t measure your life with someone else’s ruler. 32. For maximum results focus on your biggest opportunities, not your biggest problems. 33. Pay attention to what you pay attention to. 34. Do more of what looks like work to others but is play for you. 35. Don't bother fighting the old just build the new. 36. Don't compare your inside to someone else's outside. 37. When you are stuck explain your problem to others. 38. It is useful to organize your thoughts with someone you trust and admire. 39. Most stories are improved significantly if you delete the first page. Start with the action. 40. A long game will compound small gains that will be able to overcome even big mistakes. 41. Constantly search for overlapping areas of agreement and dwell there. 42. It is your destiny to work on things that only you can do. 43. Make stuff that is good for people to have. 44. You'll get 10 times better results by elevating good behavior rather than punishing bad behavior. 45. Life is not a straight line for anyone. 46. Aim for tasks that you never want to stop doing.

David Senrahost
Jan 25, 202637mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 2:33

    Introducing Kevin Kelly's Excellent Advice for Living

    David Senra explains how he found Kevin Kelly's book and read it in one sitting, and reads Kelly's preface about how the advice began as a birthday tradition. He then starts through the maxims with enthusiasm, listening well, and demanding deadlines, backed by Ed Catmull and Christopher Nolan.

    • •Kelly began with 68 bits of advice on his 68th birthday and grew to about 450
    • •Senra found the book on a friend's Instagram story and read it in one sitting
    • •Enthusiasm is worth 25 IQ points; listening well is a superpower
    • •Deadlines force decisions and make you do something different rather than perfect
    • •Ed Catmull and Christopher Nolan are cited on deadlines
  2. 2:33 – 5:10

    Forgiveness, Your Own Ruler, and Learning by Teaching

    Senra moves through maxims on forgiveness, not measuring life with someone else's ruler, and collecting and sharing like Buffett. He adds gratitude, ridiculously ambitious goals, teaching to learn, and choosing kindness.

    • •Forgiveness is a gift to yourself
    • •Michael Dell and James Dyson refused to measure life with someone else's ruler
    • •Buffett collected information and shared it through shareholder letters and talks
    • •Gratitude unlocks other virtues, and Rick Rubin is cited on practicing it
    • •Trying to teach what you know reveals what you don't understand
  3. 5:10 – 7:26

    Seeing Through Others' Eyes, Habits, and Disagreement

    Senra highlights how much of the book is about understanding other people's perspectives, including what "yes" means to the other party. He then turns to habits, with Rockefeller's rope metaphor, and the value of friends who disagree with you.

    • •Understanding what yes means for the other party is key to negotiating
    • •Habit is more dependable than inspiration
    • •Rockefeller compared habits to ropes that grow too thick to break
    • •A friend changed Senra's mind in a minute by quoting Napoleon and Lyndon Johnson
    • •Find smart people who will disagree with you
  4. 7:26 – 11:39

    Persistence, Agency, and High Expectations

    Senra covers the rule of three in conversation, graceful recovery from mistakes, and Kelly's "Don't be the best, be the only." He then discusses agency, being interested in others, and Kobe Bryant on written training plans. The section closes with high expectations, the golden rule, and redoing work.

    • •Ask a person to go deeper three times to reach the real reason
    • •Pros make as many mistakes as amateurs but recover gracefully
    • •Everyone is shy, so introduce yourself and send the email
    • •Kobe Bryant wrote his summer training plan down to avoid negotiating with himself
    • •Steve Jobs on being a yardstick of quality; ask for advice rather than feedback
  5. 11:39 – 12:29

    Tools, Acting the Part, and Owning Mistakes

    Senra reads Kelly on walking and buying tools, followed by a sponsor break for Ramp. He then covers acting like you belong, with Nolan Bushnell's advice to Steve Jobs, and Munger on admitting mistakes.

    • •Think with your feet on a walk or with your hand in a notebook
    • •Buy the cheapest tools first and upgrade those you use a lot
    • •Bushnell told Jobs to pretend to be in control and people will assume you are
    • •Taking responsibility for mistakes elevates a person
    • •Munger said not to deny, externalize, or wallow in mistakes
  6. 12:29 – 15:09

    Grudges, Customer Obsession, and Protecting New Ideas

    Senra covers releasing grudges and Bezos's view that customer obsession beats competitor obsession. He then reads Kelly's advice to separate creating from improving and gathers quotes on the fragility of new ideas.

    • •Hatred poisons the hater, not the hated
    • •Bezos says customer obsession compounds into a moat
    • •Separate creating from improving; don't select while you invent
    • •Kettering, Catmull, Ford, and Ogilvy all describe new ideas as fragile
    • •Senra queries his personal AI, Sage, of notes and transcripts
  7. 15:09 – 17:37

    Giving, Perseverance, and What People Remember

    Senra covers giving to others, showing up, and friends over money, tied to Henry Ford and Steve Jobs. He relates Kelly's point on funerals to John Mackey's advice about relationships, then covers imagination, crises, and an "Would I do this tomorrow?" filter.

    • •The more you give to others, the more you get
    • •Jobs says about half of entrepreneurial success is perseverance
    • •People at funerals remember what kind of person you were
    • •John Mackey said at his age you think about relationships, not the five-thousandth store
    • •Michael Dell said if you don't have a crisis, make one
    • •Buffett kept his calendar clear, echoing the filter of asking if you'd do it tomorrow
  8. 17:37 – 19:27

    You Are What You Do: Research, Empathy, Apologies, and Incentives

    Senra covers being judged by actions, Aristotle on habit, and the rule of seven in research. He then reads maxims on empathy for nasty people, hiring for attitude, apologizing well, and Munger's view on incentives.

    • •Aristotle said excellence is a habit, not an act
    • •Rule of seven: keep asking who to ask next to find any answer
    • •Treat nastiness as an affliction to ease conflict
    • •Hire for aptitude and attitude, then train for skills
    • •Munger said he always underestimated the power of incentives
  9. 19:27 – 22:49

    Mastery, Relationships, Focus, and Kindness

    A rapid run through maxims about being weird as a kid, mastery, relationships over transactions, family identity, and optimism. Senra also covers focus on the important, kindness, and the point that time is finite and focus matters more than more time.

    • •The thing that made you weird as a kid could make you great
    • •Replace transactions with relationships
    • •Focus on the important; the urgent is a tyrant
    • •Praise people while they are alive
    • •You need more focus, not more time
  10. 22:49 – 25:51

    Purpose, Behavior Change, Compounding, and Infinite Games

    Senra reads maxims on priorities, purpose, calm, and gratitude, then highlights that changing behavior changes thinking. Further entries cover limiting hours, copying heroes, compounding, being a good ancestor, and infinite games.

    • •Show me your calendar and I will tell you your priorities
    • •Your purpose is to discover your purpose
    • •It is easier to change how you think by changing your behavior
    • •Copy your heroes shamelessly until you get them out of your system
    • •Good things happen slowly through compounding; seek out infinite games
  11. 25:51 – 30:09

    Simple Ideas, Detours, Goofing Off, and Email Subject Lines

    Senra covers taking a simple idea seriously, tied to Munger, plus no secrets and protecting productive hours. Kelly also argues efficiency is overrated and that bad news should come first. The chapter ends with detours and Ogilvy on headlines.

    • •Take one simple thing extremely seriously
    • •Secrets corrode all who hold them
    • •Goofing off, Sabbaths, and breaks are essential for top performance
    • •Give the bad news first and end on good news
    • •Ogilvy: the headline carries most of an ad's value, and he wrote at least sixteen per ad
  12. 30:09 – 33:29

    Imposter Feelings, Long Games, and Thinking for Yourself

    After sponsor reads for Vanta and Collateral, Senra covers accepting compliments and the imposter feeling, long-term compounding, and the three gates of speech. He continues with trust, explaining problems to others, and building new models, and shares Tobi Lütke's unpredictability.

    • •Doing things only you can do means you are not an imposter
    • •A long game compounds small gains to overcome big mistakes
    • •Words should pass three gates: true, necessary, kind
    • •Explaining a problem to others often reveals the solution
    • •Buckminster Fuller said to build a new model rather than fight reality
    • •Tobi Lütke's answers are unpredictable because he thinks for himself
  13. 33:29 – 35:54

    Encouragement, Evangelists, and Seeing Others' Viewpoints

    Senra shares the example of Edison encouraging a young Henry Ford. He then covers looking back twenty-five years, honest storytelling, promoting what you love rather than bashing, and the golden ticket of seeing things from others' points of view.

    • •Edison's encouragement helped Ford persevere through years of struggle
    • •Evaluate choices as if looking back twenty-five years
    • •The world needs more evangelists than critics
    • •Simplify, simplify, simplify, then exaggerate
    • •Mastering the view through others' eyes unlocks many doors
  14. 35:54 – 37:25

    Trust, Ownership, Sabbath, and Life's Lessons

    Senra covers asking for what you want, trust built in drops, and curiosity about others' views. He recounts Sam Zell's point that what you own eventually owns you, then reads the Sabbath maxim and closes with the lesson that life teaches in the order needed.

    • •Trust is earned in drops and lost in buckets
    • •Being curious about another person's view is the most powerful way to change it
    • •Sam Zell said what you own eventually owns you and rented most things
    • •Commit to no work one day a week as a Sabbath
    • •Life lessons arrive in the order you need them

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