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Swimming Naked, the Matrix Mindset and How to Collabor(h)ate
Welcome to the Growth Guide, a weekly newsletter where I share actionable ideas to help you Be Better, Achieve More and Become Financially Free.
Clint Murphy
March 16, 2023
Be Better
This week on the Growth Guide Podcast we talked to Deb Mashek, author of Collabor(h)ate: How to build incredible collaborative relationships at work (even if you’d rather work alone)
In Collabor(h)ate, Deb draws on her deep experience to reveal everything you need to know to make workplace collaboration less painful and more productive.
We talked about Deb’s Mashek Matrix, which illustrates you need to focus on interdependence and relationship quality to create healthy sustainable collaborations.
The point of collaboration is not to join forces because it feels good or because it’s easy; the point of collaboration is to accomplish together that which we cannot achieve by ourselves.
Listen to our conversation here: The Growth Guide Podcast
Achieve More
If you assume any rate of improvement at all, then games will be indistinguishable from reality, or civilization will end. One of those two things will occur. Therefore, we are most likely in a simulation, because we exist.
- Elon Musk
Whether we’re in a Matrix or not, we can’t really know for certain.
Personally, I hope we’re in a computer simulation because a simulation is built on Rules. And, when there are rules, there are:
Hacks
Exploits
Patterns
Systems
You should live your life with a Matrix Mindset. Someone with a Matrix Mindset looks to take advantage of these four areas.
With a Matrix Mindset, you should be consumed with Pattern Recognition, looking at:
Skill stacks
Habits and behaviors
Paths of successful people
You can read more about the traits of the Matrix Mindset here.
Become Financially Free
It's only when the tide goes out that you learn who has been swimming naked.
The tide has been rising with increases to the Federal Funds Rate to a target range of 4.50% to 4.75%, the highest since October 2007.
This week, we’ve had two Bank failures. Banks who were swimming naked: Silicon Valley Bank and Signature Bank.
Silicon Valley Bank had what is referred to as an asset-liability mismatch. They took in deposits, which have a short duration, and used the money to buy long-term government bonds, which have a long duration.
When interest rates increased, the value of the bonds declined. SVB would receive the total bond value + interest in the long term. But, when depositors wanted to withdraw funds and the bonds needed to be sold to accommodate it, they had to be sold at a steep discount.
Asset-liability mismatches are common in industries like real estate, where the costs of a development project can be incurred for up to five years or more before revenue is received.
As an investor, it underscores the importance for you:
Return of Capital
Return on Capital
Prioritize Number 1
Said differently, as Warren Buffet says Rule Number One is Never Lose Money and Rule Number Two is to Never Forget Rule Number One
A Thought
When the markets get rough, we learn lessons about what we should be paying attention to that we took for granted.
A Question
What lessons have you learned over the last 18 months?
Etc.
For the Thought and Question, drop me a note - I want to hear from you.
When you have 10 referrals, you’ll receive a Free Guide on the 15 Mindset Shifts that will help you be a Millionaire and $100 off our Twitter Growth Community:
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