This episode is not going to deconstruct a world-class performer, per usual. This is a short, but very actionable and practical episode about the inner workings of my business.
I was asked recently how I choose my projects. I’ve riffed on this topic, and shared many thoughts on delegating tasks, future projects, and my current approach to start-ups.
I realized that the real question at the root of many of my decisions is: “How can I waste money to improve my quality of life?” This seems like a bad thing, but it is not. It is trading pennies for dollars.
I delve into this topic and much more. Please enjoy!
- Listen to it on iTunes.
- Stream by clicking here.
- Download as an MP3 by right-clicking here and choosing “save as.”
Want to hear another podcast packed full of actionable tips that I use in my own life? — Listen to this short episode on the magic of mindfulness. In this episode, I discuss how to complain less, appreciate more, and live a better life (stream below or right-click here to download):
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QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.
Scroll below for links and show notes…
Selected Links from the Episode
- The Mythical Man-Month: Essays on Software Engineering by Frederick P. Brooks, Jr.
- Maker’s Schedule, Manager’s Schedule by Paul Graham
- The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter F. Drucker
- The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss
- Maslow’s Hierarchy of Needs
- How do I determine what to delegate versus what to do on my own? [06:02]
- How do I know what is the most important task on my to-do list? [09:46]
- Why I focus more on writing than investing. [11:02]
- Time is a valuable — but also variable — currency. Can you afford distractions? [13:06]
- Are you letting unnecessary tasks overwhelm you? Pare down and eliminate. [16:26]
- I share the story about a time I wish I’d “wasted” $2,000. [17:09]
- You can always make more money. You can’t create more time. [19:31]
- The journaling exercise I use to dream up ways to “waste” income in order to improve my quality of life. [20:12]
Posted on: August 22, 2016.
Please check out Tribe of Mentors, my newest book, which shares short, tactical life advice from 100+ world-class performers. Many of the world's most famous entrepreneurs, athletes, investors, poker players, and artists are part of the book. The tips and strategies in Tribe of Mentors have already changed my life, and I hope the same for you. Click here for a sample chapter and full details. Roughly 90% of the guests have never appeared on my podcast.
Who was interviewed? Here's a very partial list: tech icons (founders of Facebook, Twitter, LinkedIn, Craigslist, Pinterest, Spotify, Salesforce, Dropbox, and more), Jimmy Fallon, Arianna Huffington, Brandon Stanton (Humans of New York), Lord Rabbi Jonathan Sacks, Ayaan Hirsi Ali, Ben Stiller, Maurice Ashley (first African-American Grandmaster of chess), Brené Brown (researcher and bestselling author), Rick Rubin (legendary music producer), Temple Grandin (animal behavior expert and autism activist), Franklin Leonard (The Black List), Dara Torres (12-time Olympic medalist in swimming), David Lynch (director), Kelly Slater (surfing legend), Bozoma Saint John (Beats/Apple/Uber), Lewis Cantley (famed cancer researcher), Maria Sharapova, Chris Anderson (curator of TED), Terry Crews, Greg Norman (golf icon), Vitalik Buterin (creator of Ethereum), and nearly 100 more. Check it all out by clicking here.