Investing in Yourself

Steph Smith believes in investing primarily in herself rather than traditional market investments. She focuses on developing skills, creating projects, and building her own brand as a strategy for long-term growth and success.

Key Points:

• Self-Investment Strategy:

  • Prioritizes spending on education and skill development
  • Focuses time on learning and building things online
  • Believes betting on herself is better than betting on markets

• Approach to Financial Markets:

  • Acknowledges being a "terrible investor" in traditional markets
  • Keeps money in index funds or a few select stocks
  • Avoids actively watching or trading in the stock market

• Skill Development:

  • Currently taking a Python automation course
  • Created a course on time management and productivity called "Doing Time Right"

• Project Focus:

  • Developed a framework for time management (Bicycle Framework)
  • Created a Notion template for "expiring to-dos"

• Career Philosophy:

  • Advocates for a hybrid approach of maintaining a job while building side projects
  • Believes this provides financial stability while allowing for creativity and risk-taking
  • Contrasts with the "all-in" startup founder mentality

• Time Management Principles:

  • Emphasizes elimination of unnecessary tasks
  • Promotes automation of repetitive processes
  • Encourages delegation of tasks that don't require personal attention

• Product Ideas:

  • Suggests potential for a productivity tool based on psychological hacks
  • Proposes expiring to-do lists and task prioritization features