What's in store

Looking ahead to 2023

TLDR: Committing publicly to add a bit of social pressure to my 2023 goals

We worked hard in 2022.

We made major leaps in the caliber of our founders and our investments with 48 new portfolio companies, we improved our fund strategy with both our entry prices coming down and our follow-on valuations and fund-through rate going up, we improved the team with 8 new hires, and we up-leveled operations with fundamental improvements to ready us for 2023.

We grew our US portfolio nearly 2X, net IRR’s were up 20 points despite the worst year in the public markets in recent memory, and our founder promoter scores were up 17 points across the globe.

As such, we felt it was the perfect time to give the US team a full reset by shutting down from December 23rd until today, January 9th.

I personally used the time to reconnect with friends, ski like a maniac (150K+ vertical feet and a couple hundred miles), sit down for my 2022 reflection, and begin planning out 2023.

Here’s a brief look at what I’ve got my sights set on for the first half of 2023:

• Mind: continue my three daily habits (meditate, be active, and be grateful for one new thing, current streak: 2,529 days), finish current reading list, and re-watch Stutz

• Body: commit to one major physical challenge (a lot of talk about The Misogi Challenge this year)

• Work: invest in more great founders, publish the book I wrote in 2022, expand our content strategy with Robbie along with our new Pitch Concierge service, and deliver on own fundraising strategy for 2023 and 2024

• Family: see my nephews as much as possible and call my mother—this one guarantees me at least one like on this post

• Personal: focus on fewer things done better by closing and celebrating the evolutions of Earhoox (12 years, 250,000 customers, 7-figures in total revenue) & Venturistic (~30 investments, 5X TVPI, 1 app launched, countless founders & salespeople advised), and my stretch goal is to find a ski house/rental property to invest in

The main action is to calendarize everything, and the first step is blocking the time to block the time. By taking the comically tiny step of committing digitally to blocking the time to execute, everything is set in motion and my weekly CMT (Critical Me Time) calendar hold will move things forward consistently. The goal is not to hit 100%—otherwise the goals weren’t big enough, but let’s see how we do.

Happy New Year, and as always…

See you Monday.