First Principles

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Edition #47   •   26 May 2024    •   10 min read

On dreadful caves and liberating moats

Often, the things that daunt us the most are also the things that excite us

by Rohin Dharmakumar

Often, the things that daunt us the most are also the things that excite us

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Good morning [%first_name |Dear Reader%],

I want to start off this Sunday’s edition with an apology. I didn’t realize it back in February when I launched it, but I had created a cave for myself.

You see, it was in February that I introduced the very first First Principles “Quest”, a community-compiled answer to some of the most important and interesting topics.

“Quests” will be a planned edition of First Principles every four to six weeks, where we collectively pick a theme that we’re interested in, and try to generate the most interesting of questions, approaches, learnings, habits, and recommendations. Together, we will embark on these Quests every now and then, taking a First Principles lens to some of the most important topics in life.

Our very first topic was “Fitness, a topic that I know many of us are deeply curious, interested, and invested in. Within just over a week, we had close to 400 of you write in with in-depth and meaningful suggestions and thoughts on what fitness meant for you.

I was excited at first, amazed at the depth and diversity of responses. I couldn’t wait to glean insights and connect the dots.

But as the days progressed, I started to get overwhelmed. What was exciting and promising became daunting. I had created my own cave.

“The cave you fear to enter holds the treasure you seek”

That quote is attributed to the late American writer Joseph Campbell. We’ll talk about caves and moats today. 

Para Divider

1. On dreadful caves and liberating moats

A few weeks ago, I spent two hours shut in a soundproofed room with Manav Garg, the founder and former CEO of Eka Software, a company he started in 2004. After 20 years of building and scaling Eka, Manav sold it to a US-based private equity firm.

I often half-joke to my First Principles guests that it’s nearly impossible to spend two hours talking to someone all by yourself and not have established a somewhat trusting relationship. I said half-joke because I’m half-serious.

Think about it, when was the last time you spent two hours talking about your life, career, and work with one person, undisturbed?

Anyway, Manav and I were talking about his decision to go from being an employee to an entrepreneur.

It was the early 2000s. He was based in Singapore, earning over US$10,000 a month as a commodities trader.

Now, it’s hard for a 20-something to quit a US$120,000 per year job based out of Singapore in 2024. I’d imagine it was much harder in the early 2000s, especially for a young man from a middle-class family who was literally the first person from his village in Punjab to have even attended an engineering college.

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