View profile

Life Designed: Passive Income, Insta-Joneses & Failure

Happy Easter! 🐰 Hope you had some time off work to spend time with your family and friends. While I'm
Life Designed: Passive Income, Insta-Joneses & Failure
By Tomas Laurinavicius • Issue #24 • View online
Happy Easter! 🐰
Hope you had some time off work to spend time with your family and friends.
While I’m not a big fan of the holidays I come to better understand the importance of disconnecting and spending time with the people who matter the most. Tomorrow is not promised.
Work can wait.
Welcome to another edition of Life Designed where I share the knowledge and resources to help you live better.

One of the main reasons I quit Instagram last year is because I became more obsessed with curating my Insta-life than actually living. I’ve been following Paul Jarvis for years and here’s another brilliant piece.
Consumer spending is touted as “good for the economy,” but it’s also not always so good for personal savings.
It’s a social arms race, much like a military one, where no one actually wins.
I’d like to think of myself as smart as many of us. But in reality I can’t even explain how microwave or the WiFi works. I just know how many of the things are called and that’s not the same as learning how they work.
The famous Nobel winning physicist Richard Feynman understood the difference between “knowing something” and “knowing the name of something” and it’s one of the most important reasons for his success.
It’s all about not working and living the life. That’s what most of the influencers sell you. The reality is harder to digest. Even though I live a “designed life,” it doesn’t mean its design is perfect. I work more than I would in a normal job hoping my work will pay off and I’ll be able to chill. Nat Eliason shares an in-depth first-hand experience building passive income.
If it’s not a simple product with a simple sales funnel, you don’t have a PSM (passive sales machine), you have a job.
Passive income is great, but consider what your real goal is. You don’t want to sit on a beach sipping margaritas. Believe me, if you’re the kind of person who can pull that kind of passive income off, you’ll never be happy not doing some kind of work.
With great power comes great responsibility and the cost of failure increases exponentially. Our obsession with more leads to quite destructive outcomes and all of that is “perfectly acceptable” in 2019.
Welcome to the internet, 2019. Buying something you can’t afford, and borrowing from organizations that don’t have your (or your customers’) best interest at heart, is the business plan of most internet startups.
You don’t need to reinvent the wheel. There are so many resources and working examples that you only need to choose an existing working model and apply it to your business. Val Geisler explains how to do it all.
Want to build a blockbuster store like Dollar Shave Club, Warby Parker, Framebridge, and Kate Spade? Then it’s time to apply the same tactics and principles that major e-commerce brands put into place.
After years of working with freelancers, I know the pain of having resources scattered all over the place. Baselance is a personal talent storage platform for studios, agencies and producers. Still in early development but looks very promising.
A must read if you think you’re the best. Our individualistic culture inflames the ego and numbs the spirit. Failure teaches us who we are.
Some of them achieved success and found it unsatisfying. They figured there must be more to life, some higher purpose. Others failed. They lost their job or endured some scandal. Suddenly they were falling, not climbing, and their whole identity was in peril. Yet another group of people got hit sideways by something that wasn’t part of the original plan. They had a cancer scare or suffered the loss of a child. These tragedies made the first-mountain victories seem, well, not so important.
Knowing yourself is the biggest power one can acquire. Here’s a personality test that will help you better understand yourself. Like in all other tests, be very honest with your answers to get a clear picture.
Electric lights have revolutionized our lives, but as illumination increases, the toll on wildlife and human health is becoming harder to ignore.
Light Pollution
Night without darkness. Image by National Geographic.
Night without darkness. Image by National Geographic.
Food for Thought
“The aim of science is not to open the door to infinite wisdom, but to set a limit to infinite error.” – Bertolt Brecht
“An ounce of prevention is worth a pound of cure.” – Benjamin Franklin
“Do what you can to do what you ought, and leave hoping and fearing alone.” – Thomas Henry Huxley
“Often it isn’t the mountains ahead that wear you out, it’s the little pebble in your shoe.” – Muhammad Ali
⏰ Time: 12:03
🎧 Listening: Power is Power – SZA, The Weeknd & Travis Scott
📖 Reading: Finite and Infinite Games by James Carse
🍿 Watching: Instant Family
🇱🇹 Location: Panevezys, Lithuania
Thank You
If you enjoy Life Designed, the best way to show your support is to 👉 forward this newsletter to a friend so they can subscribe too.
If you feel generous today, you can ☕️ buy me a coffee.
Thank you 🙏 for your endless support.
P.S. If you want to start your newsletter, try Revue.
Did you enjoy this issue?
Become a member for $3 per month
Don’t miss out on the other issues by Tomas Laurinavicius
Tomas Laurinavicius

I believe life can be designed and it’s your responsibility to make it a journey of a lifetime. To help you do that, I'm sharing stories, articles, books, apps, and tools.

You can manage your subscription here
If you were forwarded this newsletter and you like it, you can subscribe here.
Powered by Revue
Nevezio 2-2, Berniunai, Panevezio r., Lithuania