How to Get Everything You Want Out of Life⏐Ep. #144

Key takeaways

Permissionless projects are transformative initiatives that allow individuals to create value without needing formal permission.
The canvas strategy encourages individuals to offer support to others, paving the way to future opportunities.
Leveraging creative projects can lead to strong relationships with influential names and valuable connections.
Taking asymmetrical bets, where potential rewards exceed the costs, can lead to significant benefits.
Embracing rejection and learning from failures is part of the journey toward success.
A diverse portfolio of experiences can be built through a series of permissionless projects, enhancing one's skills and marketability.

Summary

Introduction to Permissionless Projects

In this episode, host Chris Koerner sits down with Jordan Mix, a partner at Late Checkout, to explore the concept of permissionless projects. Jordan explains how these projects can be transformative, allowing individuals to create opportunities without needing formal permission or backing. He emphasizes the power of taking the initiative to do work that showcases skills and creativity.

Canvas Strategy and Its Impact

The discussion shifts to Ryan Holiday's canvas strategy, where individuals act like a blank canvas for others to project ideas and visions onto. By doing work that supports others, listeners can carve out paths for themselves that they might not have envisioned. This strategy encourages creativity and initiative, offering real-life applications through storytelling.

Building Relationships Through Creative Projects

Jordan shares fascinating stories about how he leveraged permissionless projects to build significant connections. This includes creating custom sneakers for NBA player Mike Conley and using social media creatively to gain recognition. The emphasis is on how genuine passion and tactical efforts can lead to unexpected opportunities and strong relationships.

The Asymmetrical Bet of Permissionless Projects

A significant part of the conversation focuses on understanding the risks and rewards involved in permissionless projects. Jordan advocates for taking asymmetrical bets, where the potential gains substantially outweigh the initial costs (time and money). He also discusses how an aggregate of small projects can lead to bigger opportunities over time.

Learning from Experiments and Rejections

Jordan discusses the importance of experimentation and learning from failures. He suggests that the journey is more valuable than immediate success. Listeners are encouraged to adopt a mindset of resilience, where chasing rejections becomes part of the process towards achieving great outcomes.

Building a Valuable Portfolio of Experiences

The episode wraps up with a focus on creating a portfolio of experiences through permissionless projects. By strategically seeking opportunities that leverage existing skills and interests, listeners can enhance their expertise and create unique value propositions in their personal and professional lives.

Show notes

I sat down with Jordan Mix, a partner working with Greg Isenberg at Late Checkout, to talk about permissionless projects. We discussed what they are, and Jordan shared the core ideas behind Ryan Holiday's canvas strategy and Jack Butcher's permissionless apprentice philosophy. He shared a few fascinating stories about how undertaking these projects, such as creating custom sneakers and responding creatively to social media posts, led to unexpected opportunities with big names. Jordan explained how this approach can create valuable connections and skills. Listen to this episode to learn how you can start your own permissionless projects!

X.com: https://x.com/jrdnmix

LinkedIn: https://www.linkedin.com/in/jordan-mix1/

Timestamps below. Enjoy!

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00:00 Introduction to Permissionless Projects

05:45 The Canvas Strategy and Its Impact

11:56 Real-Life Applications of Permissionless Projects

18:06 Building Relationships Through Creative Projects

24:12 The Art of Creating Without Permission

25:09 Visualizing Business in 2023

26:36 The Birth of 'Do Within' and Permissionless Projects

27:35 Building Community and Business at Late Checkout

29:30 Finding Value in Collaboration

31:54 The Power of Being a Number Two

32:52 Learning from Experiments and Rejections

34:49 The Compounding Effect of Opportunities

36:07 Identifying Skills and Targeting Opportunities

38:03 Creating Value Without Expectation

40:54 The Asymmetric Bet of Permissionless Projects

42:19 Rethinking Networking and Problem Solving

44:10 Building a Portfolio of Experiences

45:37 Chasing Rejections and Learning from Failure