I Made the Money. I Didn't Build the System. (JWP 134) I spent part of my wife's 40th birthday, on a clifftop that should have been pure celebration, quietly worrying about money. I had built real wealth and then watched a lot of it crumble over the last year. This episode isn't really about that one uncomfortable moment. It's about what it exposed: making money and building financial security are two completely different skills, and I had only ever learned the first. In this episode, I get into: The mistake that made it real this year: committing to a big renovation when Bitcoin was high, never actually funding it, and then being forced to sell into the crash just to pay the invoices Why a decision to reallocate is really a decision to sell, and the two separate bets I did not realise I was making at the same time The forced sale you quietly schedule for your future self when you take gains and forget the tax The reframe that changed how I think about income: its job isn't to beat Bitcoin, it's to make sure I'm never forced to sell it The idea of buying permanence, and the harvest paradox I still haven't solved, where the same rule that would have saved me this year would have cost me the upside that got me here This one carries on from the recent episodes on capital, cash flow and optionality, and lands on a question I'm still sitting with: if I'm this convinced Bitcoin is one of the best assets I'll ever own, why did I build a financial life where something completely unrelated to it could decide when I sold it?

Should We Live Here? (JWP133) Every time I travel somewhere beautiful, the same question shows up within 48 hours: should we live here? This episode isn't really about Bali. It's about what that recurring pattern actually reveals. In this episode, I get into: - Why travel gives you perspective, not just a better holiday, and how it quietly rewires what you assume is "normal" - The real story of a retired Australian couple I met who built their dream villa in Bali sixteen years ago, and what happened to the view they thought they'd always have - Why optionality was never meant to be the destination, and what it's actually supposed to buy you - The line that reframed the whole episode for me: a choice you never make isn't wealth, it's just deferred decision-making with better financing - Where my family and I are actually heading next, and why the decision is deliberately undramatic This one ties together the last two episodes on capital and cash flow, and lands on a question I'm still sitting with: at what point does keeping your options open stop being freedom, and start being the thing stopping you from building the life you actually want?

Cash Flow Funds Optionality (JWP 132) In this episode I break down how a tweet about cash flow, ended up explaining a mistake almost every investor makes on the way up, and only notices on the way down. Learn why cash flow isn't just boring income sitting in the background, it's what buys you the ability to wait. I walk through two people with identical net worth but completely different financial lives depending on whether their cash reserve is a reservoir or a stream, why yield looked stupid to me during the bull run and stopped looking stupid the moment Bitcoin fell 60%, and a real story about a holiday with my wife that felt free at the time and expensive in hindsight, plus the pushback from her that reframed how I think about funding lifestyle from cash flow instead of chipping into the capital stack. I also get into why I stopped asking "how do I maximise my returns" and started asking "how do I maximise my ability to stay in the game." So I ask you: what would change in your financial life if you stopped measuring it by what you own, and started measuring it by what it produces?

Dad, what's a Sixpence? (JWP130) This episode starts with my six-year-old walking up to me one afternoon and asking, "Dad, what's a sixpence?" I follow that question all the way down. I dig into the 400-year life of the sixpence, a British coin quietly debased over decades until there was no silver left in it at all, and finally withdrawn in 1980, largely without anyone noticing while it happened. From there I get into what debasement actually looks like in real time, why every generation assumes the money it grows up with is permanent, and why being a good capital allocator means being a student of change as much as a student of markets. Also covered: the books that have shaped how I think about money (Menger, Lynn Alden, Saifedean Ammous), where Bitcoin fits into this story without being the whole story, and the question I've been sitting with since that conversation: what do I own today that feels permanent, but probably isn't?

Anyone use Obsidian? Been working on a new product, for personal use, and long term wealth strategy Think a family office style knowledge base to pass down to the next generation Something I wish I could have accessed when my dad died Accrued intellectual capital It needs to outlast AI models, laptop provider, Gsheets etc Be private And the .md file format seems to work very well for this use case Text files so easy to manage Will contain investment notes, ROI, mistakes, balance sheet etc Appreciate any feedback if Obsidian has any pro/con 🙏🏻

Behind the Scenes: Using AI to Build a Real Business in Real Time (JWP125) Most people using AI are re-writing emails or summarising documents. That's fine. But this episode is about something different — using Claude as a daily operational co-pilot to actually build things. Over the last week and a half I built two separate marketing funnels from scratch. One organic, one paid. Different audiences, different entry points, different conversion paths. I'm not a software developer. I'm a podcast host running a productised consulting business from Byron Bay, whilst homeschooling three kids. Every time I hit a wall — a WordPress setting I didn't understand, a DNS record I was terrified to touch, a ConvertKit automation I couldn't figure out, a Linkedin Ad setting I didn't understand — I took a screenshot, sent it to Claude, and got unstuck in minutes. That's the episode. Not theory. Not a tutorial. What this actually looks like in practice. What's covered: - The two-funnel structure: organic (podcast + Apollo cold email → lead magnet → nurture sequence) and paid (LinkedIn ads → dedicated landing page → free discovery call) - The "screenshot workflow" — the simplest way to use AI when you're stuck in an unfamiliar tool - Building a lead magnet page in WordPress with no prior experience - Creating a five-email nurture sequence in ConvertKit, including the automation logic - The DNS records moment — being told exactly which one not to touch, and why - Designing ad creative in Canva, setting up audience targeting, and building the landing page for paid traffic - Why the master thread / sub-thread / project file structure makes every prompt more powerful Links: - Download the free AI self-assessment: https://jakewoodhouse.io/self-assessment - Book your AI Assessment ($999, Report-Pays-For-Itself guarantee): https://jakewoodhouse.io/ai-assessment

My wife just created an npub 💪🏻

ChatGPT updating privacy terms to include ads Next big digital product market about to kick off

I am working on an idea - boomer lead businessman looking to retire - in Australia - has a consistently cashflowing business - ripe for AI back-end upgrades - and can be rolled up with 3 other local businesses in the same niche Anyone know of anyone who has ever done anything like this?

Learning Is Love - Red Tail Hawk (JWP 117) npub1z4y76jl8r5d8p63defzedngv2nrp46jgt3hyuk5v533htrycm49q66zpx6 In this conversation, I spoke with Red Tail Hawk, and we explored the themes of education, homeschooling, and the lifelong process of learning. We discuss the importance of self-directed learning, curiosity, and the role of parents in shaping a child's educational journey. The conversation also touches on the impact of AI on education and the necessity of developing critical thinking skills in a rapidly changing world. Red emphasized that education should be about making memories and fostering a love for learning, rather than merely acquiring knowledge. Chapters 0:00 Introducing Red and homeschooling 5:28 Defining success and the traditional process 9:16 Bitcoin as a test of humility 14:34 Reincarnation and centralized control 16:55 Establishing daily learning habits 21:59 Concerns about AI and truth 23:55 Homeschooling vs. state schooling 31:14 The window of absorption 40:55 AI and the changing entrepreneurial landscape 47:10 Establishing a consistent time of day for study Best, Jake

Bitcoin + AI + Energy = a new version of the industrial revolution npub1drz03a5argy3hcvtcyh5tc6ws0q504skhxlq72lwxzsdp6r4w3yqkvqddy npub1musqetp57matzsjcwd2y7tvxe59h85v74pqasnqxk7fhpwazzjpseyv5kr

Bitcoin is simulation money npub1musqetp57matzsjcwd2y7tvxe59h85v74pqasnqxk7fhpwazzjpseyv5kr npub1drz03a5argy3hcvtcyh5tc6ws0q504skhxlq72lwxzsdp6r4w3yqkvqddy

Another thing the Q1 bear is hammering home I need to create a higher yield on my time Cashflow from that is a natural defence from Bitcoin volatility

OpenAI and US Gov doing a deal to spy on people No surprises there

Biggest lesson of this bear market: When using Bitcoin as your primary means of value storage, the volatility to the downside is a risk to never forget, so if you’re ever considering large capex opportunities, such as a renovation, if, and only if, you feel wealthy enough in that moment of decision, you proceed, and you take all the money off the table to ringfence for the project, and manage a predictable cash flow I didn’t so this… I wish I had

This week, I spoke with David Parkinson, an entrepreneur deep in the Bitcoin journey, turning his passion into a reality. No-one said this was easy, but it sure is interesting! Musqet is a very exciting business, and an example of where I see things going long-term, with practical implementations of Bitcoin in the real world. In particular keep an ear out for his experience fundraising, an area I have more and more interest in. **Timestamps:** **0:00** Introducing David and Musket **0:29** Musket Bitcoin Payment Demo **2:56** Explaining How Musket Facilitates Bitcoin Payments **5:44** Defining a Bearer Asset **10:35** The Intersection of AI, Bitcoin, and Energy **15:34** David's Origin Story with Bitcoin **22:37** Adoption of Bitcoin Payments **32:51** Musket as a Trojan Horse for Bitcoin Adoption **41:51** Bitcoin Is Inevitable **47:10** Advice for Aspiring Entrepreneurs Thank you Best, Jake

Where’s that meme I saw recently of the Goldmans boss admitting AI has shortened 6 people’s work for 6 weeks pre-ipo by 95%?

Maybe there should be some editing done... npub1m7g4p6xdh9jf4ghjyvs8ks5l594j9aauhg3crdq98tpkxjezfvfsdvm0wr Interestingly, when we recorded this, I didnt realise how poorly prepared for a price drawdown so I wasn't ready "either way" A great case of you live and learn