Hello my friends,

This week’s CMMN WLTH is coming to you from a remote workspace ↓

The last 24 months fundamentally changed the way we work, live and build and according to Airbnb’s research people are taking every opportunity to change their environment.

As a result, the unbundling of short-term rental providers like Airbnb and Vrbo is inevitable.

Wander, which combines WeWork with Airbnb is doing just that; taking aim at people who want to work and vacation seamlessly. Or, like many of us post-pandemic, need a change of scenery.

Aspirational houses in inspirational locations with dialed workstations, quick internet, and the comforts of home - including a complimentary Tesla Model 3 to use during your stay.

The future of work-life balance.

— Andy

Product

• This ingenious use of Augmented Reality allows people with hearing loss to see spoken words as subtitles. The latest AR research focuses on accessible design.

• Artist RAC breaks down the economics of distributing music via NFTs.

  • First drop made 10 ETH (~$31k)

  • The song now has a market cap of 130 ETH (~400k)

  • Personally made 12.5 ETH (~39k) which is equivalent to 9.75 million plays on Spotify => 100 people generated more income than 9.75 million users!

  I wrote about the future of creator / consumer connection here.

• r/buyitforlife makes me think that high quality durable products are the future of sustainable practice. The opportunity lies in how to increase revenue by selling less.

People

• Last year 44% of new businesses were started by Americans without a college degree. Related → college tuition has outpaced how much people earn by almost 10x.

• Innovation requires risk taking. Tips for building it into your company’s culture:

  • Hire for entrepreneurial mindset

  • Make it fun

  • Don’t punish failed projects

• Bringing employees back to the office is difficult. Here’s how not to do it ↓

  

Methods

• It’s easier to be in the top 10% of several different skills than in the top 1% of any one skill. Become the best in the world using skill stacking.

• Kill imposter syndrome and take your shot. Landmarks that can unlock your potential:

  • Raise belief capital

  • Start with limited expectations

  • Find an unfair advantage

• “Spending more when your income rises is as tempting as eating more after you exercise.” How building wealth depends on what you don’t spend rather than how much you earn.

Out of Office

“Einstein, if he had the internet”,

Balaji Srinivasan is one of the greatest technological thinkers of our time.

As the former CTO of Coinbase and General Partner at Andreesen Horowitz, he’s an authoritative voice on life, state and crypto.

His upcoming e-book, The Network State: How to Start a New Country is available for pre-order and, in my humble opinion, required reading for 2022.

If you find this newsletter useful please share it with your most curious friends & colleagues ↓

Share CMMN WLTH

Vault

🎙 The best podcasts of 2022 curated by the CMMN WLTH community.

Last Week's Numbers

• Weekly subscribers: 232 (-1) ⬇️

• Open rate: 55% ⬆️