Success Jealousy Framework
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A discussion about dealing with feelings of jealousy when peers or former employees achieve massive success, particularly in crypto and startups.
Core Insight About Success Jealousy
- When others succeed dramatically, people often focus on their own perceived failure rather than the other person's success
- Success can trigger feelings of inadequacy in others, especially when the success seems "unreasonable" or happens quickly
- Being aware of jealousy and acknowledging it is healthier than denial
Common Jealousy Reactions
- Initial denial of feelings
- Finding reasons to diminish others' success
- Attributing it to luck
- Suggesting it's too risky
- Secretly hoping it won't work out
- Questioning one's own life choices and achievements
- Feeling confused when success doesn't follow expected patterns or timeframes
Real Examples Mentioned
- Person going from $500k to $15M in crypto (non-technical person)
- Friend going from $1M to $100M at peak of Bitcoin
- 13-year-old kid who later made $10M from crypto protocol
- Moiz Ali selling Native deodorant for $100M after 2 years
Healthy Ways to Process Others' Success
- Acknowledge the jealous feelings openly
- Recognize it's normal to feel this way
- Understand these feelings reflect more about your own journey than theirs
- Appreciate being close enough to witness these success stories
- Focus on learning from their success rather than feeling threatened by it
Key Observation
- The most triggering successes are often:
- From people who used to look up to you
- Achieved in unexpectedly short timeframes
- Accomplished by those who seemed "normal" before
- In areas outside their previous expertise
07:20 - 09:12
Full video: 10:04SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.