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!
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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]
The Tim Ferriss Show is one of the most popular podcasts in the world with more than 500 million downloads. It has been selected for "Best of Apple Podcasts" three times, it is often the #1 interview podcast across all of Apple Podcasts, and it's been ranked #1 out of 400,000+ podcasts on many occasions. To listen to any of the past episodes for free, check out this page.