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If there is something you need to do that is technical and you can learn it in college, then by all means you should if you want, but you do not have to. Vin learned a lot of his skills on the job and because he was passionate about it, he did well. So much learning content is available online, you can learn anything. Clients do not care where you got your education, as long as you can get the work done.

Amazon is planning to transition their 2-day Prime shipping to a 1-day shipping program and is spending a significant amount of money on this investment.

Microsoft is tired of paying big bucks for data processing and is looking into new ways to do machine learning. They are calling it "Machine Teaching." This segment of the Smash Notes Podcast covers an episode from the Microsoft Research Podcast.

It was of huge value. His mom was a lifelong educator and made it clear that education very important. She taught Chad and his brother a lot about reading, writing, and critical thinking.

The majority of the information available is paid for by crypto companies and there are currently no regulations. Thus, the information being relayed is often biased.

Marc says that freelancers and entrepreneurs that are looking for a change of pace are now moving to smaller communities around the country. At the same time, accomplished people who grew up in small towns are moving back. This enables small towns to get intellectual resources, networks, and financial capital needed to be more entrepreneurial.

Dave also points out that small town communities are attracting people who value life, and are able to mix their hobbies, like mountain biking and skiing, with work. It is not uncommon for people to go ski for a few hours on a good powder day, before settling into their office, and unlike other places, this is a common practice that is not frowned upon.

Kevin once tried 5 grams of psilocybin mushrooms with the professional help of a therapist in order to further his understanding of himself and his psyche. It has been described as 5 years of therapy in 5 hours and has helped cancer patients come to terms with their mortality. Kevin describes the experience as incredibly eye-opening and entirely unique, but also acknowledges the insanity of taking “magic mushrooms” as a form of therapy.

Comparative advantage is the idea that there are things that are too expensive for you to do for yourself, and you should pay someone else to do them for you. When do you hire director marketing? When you hire an account, when do you hire an HR director ...etc.? Giving up control is very challenging for for most, for a lot of people, especially founders, and so being forced to think about that's probably a good idea.

At the time of this episode, Carrd was making about 25 to 30 thousand USD every month.

Due to regulations and approvals, we are in a short supply of conventional tests. Meanwhile, new kind of tests are not being approved, or if approved, then severely restricted in how they are being used.

Tony needed to kickstart his pizza business, so in order to secure cash upfront, he was able to give Alfred a discount, in exchange for an annual commitment.

In tern, Alfred realized that he could arbitrage his margins by simply selling this pizza to lazy roommates who were not interested in making a trip to the grill downstairs.

As as result, Alfred ended up making easy money in short amount of time, while Tony had to do all the restaurant work and then some.

This is when Alfred realized that even if you have a boring commodity business, you can make it interesting and worthwhile.