AfzalNFT: Not For Trade
NFT might die as a trade but will live as a tech. Recently Rolling Stone published an article about how NFTs are dead sparking a debate, so I thought this might be the right time to write about a topic that I wanted to talk about for some time which is how the majority of the people who aren’t from the NFT space have this perception about NFT which is not very much true. To be literal an NFT stands for Non-Fungible Token and the definition is: A non-fungible token (NFT) is a unique digital id...
AfzalExcellence - Technical vs Creative
Technical excellence executes. Creative excellence experiments.There are two distinct forms of excellence: Technical and Creative.Technical excellence pertains to mastery of tools and techniques.Creative excellence involves harnessing creativity and intuition.Most tend to excel in either one, but only a few shine in both. Technical excellence plays a vital role in executing brilliant ideas, whereas creative excellence is essential in conceiving these ideas. The two forms of excellence are int...
AfzalOutput > Input
In creative domains, all that matters is what you create(Output), not how much time you took or what tools you used(Input). People really admire tough hustlers who are always working and for whom life is all about hardworking and there’s clearly nothing wrong with hardworking. Productivity, grind, and hustle are very glorified nowadays, but do they really make you successful? The answer may vary but in creative domains, the answer is no, in creative domains what makes you successful is what y...
Designer.
AfzalNFT: Not For Trade
NFT might die as a trade but will live as a tech. Recently Rolling Stone published an article about how NFTs are dead sparking a debate, so I thought this might be the right time to write about a topic that I wanted to talk about for some time which is how the majority of the people who aren’t from the NFT space have this perception about NFT which is not very much true. To be literal an NFT stands for Non-Fungible Token and the definition is: A non-fungible token (NFT) is a unique digital id...
AfzalExcellence - Technical vs Creative
Technical excellence executes. Creative excellence experiments.There are two distinct forms of excellence: Technical and Creative.Technical excellence pertains to mastery of tools and techniques.Creative excellence involves harnessing creativity and intuition.Most tend to excel in either one, but only a few shine in both. Technical excellence plays a vital role in executing brilliant ideas, whereas creative excellence is essential in conceiving these ideas. The two forms of excellence are int...
AfzalOutput > Input
In creative domains, all that matters is what you create(Output), not how much time you took or what tools you used(Input). People really admire tough hustlers who are always working and for whom life is all about hardworking and there’s clearly nothing wrong with hardworking. Productivity, grind, and hustle are very glorified nowadays, but do they really make you successful? The answer may vary but in creative domains, the answer is no, in creative domains what makes you successful is what y...
Designer.
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There are two types of growth, one that lasts and the other that fades. Compound is the one that lasts and random is the one that fades. If we zoom out the whole world is nothing but randomness and probability. So what exactly is the random vs compound growth I’m talking about? To dig further let’s proceed with a vague example:
There are two businessmen in the same business, Businessman A has been in the business for a very long time and after struggling for a long time with almost no sales he is now doing good and his growth is no more stagnant. Businessman B just got started but got a boost in sales as he hired some influencers to promote his product, but his sales dropped after some time and are now close to zero.
Their graph looks something like this:
Reason: Businessman B is inexperienced in the field and doesn’t understand the economics of that market compared to Businessman A. So it doesn’t matter if he got a boost in sales, as he doesn’t know how to retain customers. On the other hand, Businessman A has been in the game for a long time and has tasted the mud, he is not only very experienced but also has loyal customers that trust him and keep referring others to him.
At the start, I said the whole world is nothing but randomness and probability, but by staying in the game for too long and shooting too many shots you make yourself a pie out of the randomness. At last, don’t get distracted by random growth, focus on compound growth which is non-linear and exponential most of the time, so be patient and committed because that is the true growth that lasts.
Thank you!
There are two types of growth, one that lasts and the other that fades. Compound is the one that lasts and random is the one that fades. If we zoom out the whole world is nothing but randomness and probability. So what exactly is the random vs compound growth I’m talking about? To dig further let’s proceed with a vague example:
There are two businessmen in the same business, Businessman A has been in the business for a very long time and after struggling for a long time with almost no sales he is now doing good and his growth is no more stagnant. Businessman B just got started but got a boost in sales as he hired some influencers to promote his product, but his sales dropped after some time and are now close to zero.
Their graph looks something like this:
Reason: Businessman B is inexperienced in the field and doesn’t understand the economics of that market compared to Businessman A. So it doesn’t matter if he got a boost in sales, as he doesn’t know how to retain customers. On the other hand, Businessman A has been in the game for a long time and has tasted the mud, he is not only very experienced but also has loyal customers that trust him and keep referring others to him.
At the start, I said the whole world is nothing but randomness and probability, but by staying in the game for too long and shooting too many shots you make yourself a pie out of the randomness. At last, don’t get distracted by random growth, focus on compound growth which is non-linear and exponential most of the time, so be patient and committed because that is the true growth that lasts.
Thank you!
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