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!
You can find the transcript of this episode here. Transcripts of all episodes can be found here.
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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
Show Notes
- 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]