Insight certainty 4/5 debate potential 2/5

Rajan Singh: Measuring fulfillment by target impact numbers is endless

Rajan Singh · Do THIS to BUILD Life Long Habits! · Jan 10, 2022 · at 34:44

Rajan Singh, founder of HabitStrong, discusses why he does not tie his happiness or sense of success to user growth metrics.

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“Well, most certainly it is not the number of people impacted because that number is arbitrary. I can be at one lakh and I'll say, you know, one million is a good number and I can be at a million and still say like a crore. So, so that, that won't there is no end to it.”

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More from Rajan Singh

Insight
Singh: Overpromising growth to VCs forces founders into aggressive, harmful selling
“Even when I raise funding, I'm not, I don't want to offer the moon to the next investor. Hey, you know, we have from here. We can go here. We have just gotten started. This is because once I make that promise, what do I do next night? Next I have to sell, sell…”
Rajan Singh Jan 10, 2022 ▶ 26:45 Do THIS to BUILD Life Long Habits!
Insight
Singh: Long-term habit retention requires intrinsic rewards over external accountability
“The intrinsic reward is the answer to your question. Once you start, find the activity rewarding in and of itself, not for something else. At that point, you will form and you'll stick to those habits.”
Rajan Singh Jan 10, 2022 ▶ 21:23 Do THIS to BUILD Life Long Habits!
Disclosure
Singh: HabitStrong requires every initiative to be sustainably profitable
“So one thing which we are very particular about is anything we do, it has to be sustainable, which means it has to be profitable. Need not be the profit. Need not be like skyrocketing, but it has to be profitable. And that brings in financial sustainability.”
Rajan Singh Jan 10, 2022 ▶ 29:36 Do THIS to BUILD Life Long Habits!
Insight
Singh: Money acts like insurance whose utility plateaus once baseline risks are covered
“Money is an insurance policy. If you don't have insurance, then something happens. You will be in deep trouble. So for peace of mind, you need money. But once you have one insurance, having 10 insurance policies will not make you happier because one is the fir…”
Rajan Singh Jan 10, 2022 ▶ 33:55 Do THIS to BUILD Life Long Habits!
Disclosure
HabitStrong built core offerings within first two months of founding
“In those two months, we built practically the core of everything we offer habits on. That's it. The first two months.”
Rajan Singh Jan 10, 2022 ▶ 11:07 Do THIS to BUILD Life Long Habits!
Disclosure
Rajan Singh Limits External Calls to Just Two Per Week
“I, every week I will not have more than one or two external calls.”
Rajan Singh Jan 10, 2022 ▶ 36:38 Do THIS to BUILD Life Long Habits!
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