Daniel Kang went from a low-income immigrant background to publishing The Super Upside Factor by applying to 120 scholarships and building a writing habit. His book teaches asymmetric bets, venture-capital thinking where investors profit despite being wrong 90% of the time. A Medium following and one talk led to a Wiley & Sons editor and a book deal.
So if I were to say, Daniel, today, what's your. Because what's your purpose, brother?
So I grew up in a low income immigrant family and money was a big problem. So throughout high school, I applied to about 120 different scholarships and was lucky enough to win, you know, a few of them so I could get an education. And that became the platform for me to do many, many other things.
The Super Upside Factor Talk. Talk to us about, you know, why the journey of writing this book.
So the book is centraled around this theme of asymmetric bets. It's how a unique breed of investors like to think about investing money, and that's the world of venture capital. But they make money despite being wrong 90% of the time. I started writing one Saturday a month, about six hours or something. If I translate that, that's like 15 minutes a day. And when I first started writing, no one was reading my stuff. You know, after about a year of doing this, I was able to, you know, get a couple thousand followers. Medium.com reached out and asked me to give a talk, and then in that talk was an acquisition editor from Wiley and Sons. And that's how I got my book, the Super Upside Factor published.
You really want to make an impact.
One of my biggest fears is living in mediocrity. I would rather live on the edge of possibility, trying to do what I think would be extraordinary rather than be mediocre.