Saturday 7

Published: Sat, 01/18/25

Updated: Thu, 01/23/25

Good morning!

Here's your Saturday 7 roundup!

🗓️ What I like to do in January:

At the turn of the calendar year, I like to look back and review my year.

I then like to look forward and set my goals for the new year.

I have all of this in a document that I review every Sunday.

The document lays out my multi-year goals (i.e. "vision") that is then broken down into annual goals, quarterly milestones, and weekly to-dos. I then update my calendar with the daily action items.

This connects nebulous dreams to today's actions steps.

Here's a guide on doing your own annual review and new year plan.

🆕 How to reinvent yourself in 2025:

If there is a big divide between your 2024 review and what you want in 2025 and beyond, it's helpful to create a new "you".

This is how to reinvent yourself, from Noah Ryan:

⌚ How to find more time:

After I do an annual review and new year plan, I usually notice the new plan requires better productivity.

Here's a guide to personal productivity.

💡How to stay creative:

With all of this preparation, I think it's important to remember a lesson from Napoleon.

In other words...

🧠 What quote I've been thinking about:

"The best way to predict the future is to create it."

– Abraham Lincoln | Peter Drucker

📊 What's the 2025 market outlook:

While many experts think a crash is right around the corner, others see a big bull market. Who knows. I tend to lean towards Jeff (the bull) more than Dale (the bear), but I think there could be a lot of volatility.

I did make a 2025 bitcoin prediction. It's outlandish. I know.

Though I vividly remember bitcoin in 2017. In January 2017 the price was under $1000 ($775.98). In December it peaked at ~$20,000.

There's a lot of similarities between bitcoin 2017 and bitcoin 2025. If bitcoin continues its replay of 2017, it’d peak north of $1,00,000.

Right now, everyone seems to think 2X, not 20X. The ~$200k price target is everywhere. When everyone agrees on a bitcoin price target, it means it's probably wrong.