Find The Others, Wonder & 1k Book Sales š„³ | #171
February 19th, 2022: Greetings from Austin! Iāve had an amazing first month in this new city and am excited to explore more. One of my favorite things is how outdoor-oriented most people and activities seem to be. I went for a walk by the rive with a friend this week and caught this beautiful sunset:
ššš Book Update - Sold Over 1k Copies and Broke Even!
It seems my book is doing pretty well even compared to books put out by publishers. This article from 2004 seems to say that only 4% of books each year sell more than 1,000 copies. Iām guessing that number is a little higher with the explosion of self-publishing, but still seems to be a pretty cool accomplishment.
In addition to hitting 1k, I also broke even on my upfront investments in editing, design, gifts, and self-purchases. Given that I own distribution and all rights to the book, this means every book I sell from here on out is pure profit. Nice!
A thoughtful reflection from Twitter:
Full stats at the bottom of this newsletter.
š§ Made You Think Podcast - Escape From Freedom (link)
I did a guest episode on Nat Eliason & Neil Soniās podcast where they deep dive into various books and essays. I highly recommend the podcast broadly and the specific episode we did was on Erich Frommās Escape From Freedom - written about the traps and possibilities of freedom in 1941 as the world was breaking out into chaos.
It was a fun conversation and youāll likely enjoy it if you are on an unconventional path or like interesting books.
#1 Needing New Words For āGoalsā and āWorkā
I love exploring things to their depths. I often find that many of the words we used to describe the world in English to be a bit lacking. āWorkā is definitely one of them. Ask 100 people what they define as work and youāll get about 140 different definitions.
Another word like this is āgoals.ā It triggers cynicism for some but is one of the most things to others. Iām always amazed when people seem to thrive on very clear goals - a good example is Noah Kagan, they seem to bring him alive in a way that they donāt seem to for me!
When I hear the word āgoalsā I default skeptical. A large part of this was my inability to cultivate a deeper game in the corporate world. I always struggled to avoid the powerful organizational gravity pulling me towards money and titles rather than what I claimed to care about.
I softened my skepticism towards āgoalsā dramatically, however, after listening to Chris Sparksā interview on Modern Wisdom this week. When he talks about goals heās not talking about a surface-level goal of āI want to make $5 million,ā heās talking about something much closer to what Iām talking about in the Pathless Path - the desire to grow as a human. For him, goals are only the start. The real point of goals is to continue to reflect on them and see how they align with your values, energy, excitement, and skills. I happen to be recording a podcast with Chris this week so Iām excited to explore this in more depth.
We canāt always listen to a one-hour podcast hearing everyoneās deeper take, so maybe we just need some new words:
Instead of Work, Meraki
I asked my friend Jonny Miller to find a better word for work and he delivered. He proposed the Greek word Meraki:
1. Meraki (Greek): To do tasks with soul, creativity and loveĀ
Ever found yourself accessing that elusive state of flow? Everything fits right into place.Ā
Well, the Greek verb/adverb meraki refers to something rather similar.Ā
Meraki is used by Greeks to describe scenarios when a person has really put a part of themselves into something. It could be cooking that comes from the heart, composing a piece of music that comes straight from the soul, or writing an article that expresses thoughts openly, honestly, and vulnerably.Ā
Meraki highlights the intimate connection between humans and their work.Ā
Instead of Goals, Anagoge
I originally stumbled upon this from John Verveake, who argued that what most of us are after is the feeling that we are growing. Hence I like the idea of āascent.ā
Anagoge (į¼Ī½Ī±Ī³ĻĪ³Ī®), sometimes spelled anagogy, is a Greek word suggesting a "climb" or "ascent" upwards. The anagogical is a method of mystical or spiritual interpretation of statements or events, especially scriptural exegesis, that detects allusions to the afterlife.
What other words need remixing?
#2 Find The Others
Iāve enjoyed reading reflections from others who have read my book. It seems to be igniting ideas I didnāt expect.
Here is a thoughtful reflection from Rika Goldberg on how success keeps us from finding the others:
This makes me think about my past self, the self that worked for traditional companies. Essentially, when you work for a company, and are on what Paul calls, the "default path," you automagically have a brand to lean on; and, in turn, a support network. You are proud to work for "Google" or "Kaiser" or "Deloitte" or "McKinsey" (where Paul used to work) or "fill in the blank" company. But, when you leave the traditional, default path, and embark on what Paul calls, the "pathless path", you must "find the others."
I guess, in a way, the Pathless Path does make you needy, but it also makes you realize that you always were needy. It also makes you realize how much goodness you already have in your life - people and things you may have previously taken for granted - so a sign of support from someone in your life could mean 10x what it would previously would, because that support is a signal that they understand. And we all just want to be understood.
The question becomes, how do you find the others?
You find the others this by putting your authentic self out into the world through the Internet.
#3 Erasing Wonder
One of my favorite newsletters by Shivani Shah had a great reflection on wonder this week. She told me that she started reading my book after this and stumbled upon my eerily similar description of wonder. Itās cool to arrive at similar ideas in a different way.
Hereās what she wrote:
When we donāt know what will make us happy, we go on thinking, āWell, at least Iāll have money and a strong resume to fall back on.ā Weād rather give up our time in exchange for a ~potentially~ valuable currency than spending it on the unknown. Exploration is not an option, because exploring for its own sake isnāt considered productive enough in our society.
What this creates is a systematic erasure of wonder and curiosity from our lives. It destroys our sense of play and itās highly unnatural.Ā
By definition, play must be purposeless in order to be considered play.Ā It requires comfort with uncertainty, which directly threatens social and financial progress. In order to eliminate such risk, we are taught to avoid ambiguity and replace it with monochromatic formulas of success masking as happiness.
Itās a really good essay, check it out. Also definitely subscribe!
#4 The Path Not Taken (h/t Tom Morgan)
A great essay by Jared Dillian, on leaning back into the āroad not takenā after following a finance path early in his career on the advice of his mother
Everyone has a path not taken. Everyone has something they wish they had done, some athletic or artistic pursuit, that they put aside in favor of a more practical profession. And for the vast majority of people, they never take that path. Not in their 40s, not in their 50s, or 60, or 70s, and they end up on their deathbed, filled with regret. They regret not doing the thing that they loved, the thing they always wanted to do. I like to live my life in such a way that I wonāt have those regrets. I started my electronic music career at age 34, when most people do it at age 14. After Iām done with my MFA, Iām going to take up painting, and sell my art to raise money for mental health charitable causes. If thereās something I want to do, I do itāI donāt wait for anyone elseās validation.
#5 Organizational Bureaucracy
I found some interesting reflections on organizations in this essay from Richard Hanania. Ostensibly writing about how progressive ideas have become central in many organizations, I found this part about the vagueness of US law resulting in the creation of internal power centers in organizations the most interesting part:
Dobbin and Sutton argue that this is a general feature of American law, where the state is selective in enforcement and gives vague guidance that is subject to interpretation, like improving āsafetyā or fighting ādiscrimination.ā They compare the US to France, where the government is more inclined to just issue direct mandates to businesses, who spend a lot less time and effort on private sector bureaucracy to keep up with how regulators and courts are thinking. The creation of bureaucracy means that it eventually gains its own power base and becomes able to advocate for its own interests. Ironically, if the US had just mandated gender and racial quotas, compliance wouldāve been simpler and there wouldāve been no need for permanent bureaucracies within each organization with an open-ended mission to stamp out all forms of ādiscrimination.ā
I could also see this vagueness being a massive advantage for organizations that are able to navigate it and use it to their advantage. Perhaps this is an element of whatās enabled the broader US business ecosystem to thrive. I am not sure!
#6 Book Update
Here are the latest book stats.
You may notice that the royalties for IngramSpark are very low. This is because there was a 55% price discount that they suggest you offer so that the book stores would be more motivated to stock my book. However, after reading some Reddit threads, it seems that this is just giving money away, so Iāve lowered the ādiscountā to the minimum - 30%-35%. It seems that I have a low chance of being picked up anyway so I might as well get a higher royalty. The suggestion is just to see if the book continues to succeed and generates more interest, itās suggested to start increasing the discount again.
In the US, this means if you buy my book through Barnes & Noble, Walmart, or other non-Amazon publishers after 2/25 Iāll earn:
$8.32 for the paperback
~$10 for the hardcover
The takeaway is that the IngramSpark royalties will now be much higher and a bit more than Amazon too. Pretty cool.
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Congrats on reaching 1k book sales and breaking even, Paul! So true about wonder and āfinding othersā. I also loved Shivaniās essay.