Tim Ferriss

STEP 3: FINDING BIG ROCKS – THE PAST YEAR REVIEW

Hi Friends,

Here is another chapter of THE NO BOOK, the book I am currently writing with Neil Strauss. As you’ll see, it’s a STEP comprised of a few pieces of writing.

Please leave your thoughts and results in the blog comments! I deleted all social media apps from my phone, but I will read all of the blog comments here.

And if you missed the previous chapters, you can find the introductions from both me and Neil here. You can find the previous steps here and here.

Enjoy!

Tim

CORE CONCEPT: FINDING BIG ROCKS – THE PAST YEAR REVIEW

Every day of our lives, we are on the verge of making those slight changes that would make all the difference.
— Mignon McLaughlin

We don’t beat the Reaper by living longer. We beat the Reaper by living well.
—Randy Pausch (1960-2008); “The Last Lecture” at Carnegie Mellon

San Diego, CA, 2009 

The juxtaposition was odd.  Outside, I could hear the “untz, untz, untz” of club dance music, and the hooting and hollering of revelers. Inside, I was sitting on a red, oversized chair that smelled like grandparents.  I was trying to concentrate with a stack of papers, but the buzz from earlier champagne wasn’t helping.

It was New Year’s Eve, and my friends were on a beautiful outdoor patio of the hotel, where there were fire dancers, cocktail servers, and a motley crew of about 100 people getting hammered and looking forward to watching the ball drop for 2010. It was 11:45pm.

Roughly 15 minutes earlier, I’d received a text from my mom: the 10-year-old daughter of a dear high school mentor had been diagnosed with liver cancer. She was his only child, and the prognosis looked terminal.

Several hours before that, I learned that one of my friends in his thirties had died of pancreatic cancer.  I’d gone skiing with him the year before and he’d been in excellent shape, kicking my ass on the slopes without a care in the world.

Getting drunk was no longer on my to-do list.

If time was our scarcest resource, I wanted to befriend it… immediately.  

I stumbled through the lobby bar and asked a waitress if I could borrow a pen. Paper was somehow procured. Then I settled back into the big red chair to work on my first Past Year Review, which I’ve done every year since.


“According to psychologists Daniel Gilbert and Timothy Wilson, we have an unfortunate tendency to ‘miswant’—to want things that we won’t like once we get them. ‘In a perfect world,’ they observe, ‘wanting would cause trying, trying would cause getting, [and] getting would cause liking.’”
― William B. Irvine, On Desire: Why We Want What We Want

Before December 31st, 2009, I’d written down something like New Year’s Resolutions every year.  

Some seemed reasonable, like “resurrect my high school Spanish” or “triple such-and-such income.” Some were ridiculous, like “develop the side splits like Jean-Claude Van Damme.” And others were speculative one-off experiences, like “visit Indonesia.” 

Over the years, I’d noticed a few things:

– What I thought would make me excited or happy often didn’t.

– The side splits never happened, even though they showed up every year for 10+ years.

– Anything that didn’t get added to my calendar within two weeks of starting the year rarely got done. It was forgotten or got crowded out, such as the trip to Indonesia for more than a decade.

– What crowded things out? The main culprit was agreeing to things in the future that I later regretted. 

I was thinking about all of this and more when I plopped down in the leather chair in San Diego with pen and paper.  

Even to my booze-brain, it was clear that if I started with a blank slate (e.g., what do I want to do in the new year?), I was really bad at predicting what would make me happy in the future.

So, I did something simple: I went upstairs to my hotel room, got my laptop, returned to the chair, and reviewed the entire past year’s calendar, week by week. 

That  ended up changing everything.


The Past Year Review has three primary ingredients:

  1. Identify peak positive and negative emotional moments from your past year.
  2. Schedule blocks of time for positive people, activities, and places on the calendar immediately, before they get crowded out. You can figure out the details later. For now, just get them in your calendar and defend them like your life depends on it, because it kind of does.
  3. Create a clear “no” list, based on 1 above. This will play nicely with your Wilson letter.

Even though this is a book about saying no, the most important part of this exercise is identifying the positive, finding things you’d say yes to again.  You’ll spend a lot of time looking at your no’s, but you’re going to put your big rocks in the jar first. 

Let’s walk through putting the whole recipe together.


COMFORT CHALLENGE: PYR – IT’S YOUR TURN

The Past Year Review (PYR) will be one of the more important exercises you do in this book, so don’t skip it. Future steps will depend on your answers, and the 30-60 minutes you put in just might change your life. 

New Year’s Eve isn’t necessary. Just review the past twelve months. It looks like this:

PHASE ONE – REVIEW THE PAST 12 MONTHS

  1. Grab a notepad and create two columns: positive and negative. If you want to type, go for it, but I usually start with handwriting.
  1. Go through your calendar from the last year, looking at every week. If you tend not to calendar items, review your texts or emails instead. I’ll often do a quick subject-line scan of my inbox after my calendar review. It’s surprisingly fast, especially if you focus on your Sent folder. If you want to go the extra mile, one test reader went through the photo album on his phone, where he discovered all kinds of last-minute yesses that he had never calendared. Last but not least, I use The 5-Minute Journal on an ongoing basis, and a quick flip through helps the PYR tremendously.
  1. For each week, jot down any people, places, activities, or commitments that trigger peak positive or negative emotions. Put them in their respective columns. 

For peak positives, look for moments that make you think, “I’d love to do that again” or “I should do more of that.” For peak negatives, identify moments that elicit a wrinkle of the nose or thoughts such as, “I never want to do that again.” The list will often include things done out of guilt, fear, or prestige-hunger. For bonus points, look at your sent messages, and see which text or emails provoke an automatic “ugh” or exasperated sigh. Listen to your physiology.

  1. Once you’ve gone through the past year, look at the list you made and ask, “Which 20% from each column produced the most reliable or powerful peaks?”

PHASE TWO – ENGINEER THE NEXT 12 MONTHS FOR SUCCESS

  1. Based on the answers, take your “positive” 20 percent and schedule more of them in the coming year. Get them on the calendar now! Book time with friends and prepay for activities, events, trips, experiences, and other things that you know “work” for joy and well-being. It’s not real until it’s in the calendar. Use sunk cost to your advantage. 
  1. Step two is to write NOT-TO-DO LIST at the top of a fresh page and add your “negative” leaders there. Then post it in a place where you can see these items each morning for the first few weeks after the exercise. This list should contain the people and things you know drain your batteries. The returns on your list can come fast!
  1. Keep your NOT-TO-DO LIST up to date. In the weeks after this exercise, you’ll likely notice new “I wish I hadn’t done that” commitments. Add ‘em to the hit list. 

Those are the basics, but if you want to go the extra mile with your PYR, here are a few questions that I find helpful:

  1. Are there any months that look particularly busy or stressful to you? Are there months that are busy but not particularly stressful? What makes them different?
  1. Did any relationships or commitments affect your sleep? When did you have your best sleep? When did your sleep suffer? To quote Jodie Foster, “In the end, winning is sleeping better.”
  2. Is there anyone who you would actually pay to never email or contact you again? If you had to put a maximum number on it, what would it be? $10? $100? $1,000? More?
  1. Were you anxious about anything that didn’t happen? Or did you worry a lot about something that ended up very little? Write them down on your phone to review when you start spinning with “what if”s, perseverating, and worry in the future. Don’t believe everything you think. Sometimes evidence is the best tool for calming our hallucinating hypervigilance.
  2. Do you have positive clusters of experiences around any particular people or places? For instance, might you decide, as one of my closest friends did, that you’ll simply say yes to just 4-8 select friends or family for nearly any invitation, rather than deciding based on activities.

That’s it. 

It might seem like a lot, but it isn’t. Investing 30-60 minutes will save you a minimum of dozens of hours in the future.

Remember: It’s not enough to remove the negative. That simply creates a void that will get filled by Janets, social media, or other wandering distractions that punish the unfocused. Get at least a few top positives on the calendar as soon as possible, lest they get crowded out by the bullshit that is always waiting around the corner to mug you.

Later in this book, we’ll explore how Neil and I choose major projects, career moves, and much more, but the PYR is the first critical chess move.

Do you now have a few big rocks blocked out in your calendar? If not, do not pass Go.

To quote the great sage, Ferris Bueller: “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.”


ANATOMY OF A NO: LET ME PING YOU…

This no was written by yours truly to an acquaintance asking for a catch-up dinner.

Thank you, [NAME].  I’d love to meet up, but things are nuts for me right now (stories for another time and a glass of beer!).

Let me ping you when the dust settles a bit!

All the best to you and yours,
Tim

WHY IT WORKS: 

First, it’s important to note that I actually do like this person, but my time was short, and I wanted to invest in my closest friendships with the limited time I had. 

If that weren’t the case, I would replace “I’d love to meet up” with “I really appreciate the invitation,” and I would replace “Let me ping you…” with something like “I’ll have to raise a glass from the sidelines for now!”
Take a moment to re-read this no and see if you can identify the lesson? If you guessed the “let me ping you when the dust settles” sentence, then you’re correct. Most people might write instead something like, “let’s discuss next month” or “feel free to check back next month.”

This might feel like a success, perhaps even like a no. But in fact, all you’ve done is punted the no ball a month ahead. When that person reaches back, not only will you be back in the same position of having to say no, but it will be even harder to decline because you’ve already deferred once.

Offering to reach out at your convenience doesn’t invite a follow-up and doesn’t offer a timeline. Whenever possible, get the ball in your court and keep it there.


Missed the previous chapters? Find the introductory chapters here. You can find the previous steps here and here.

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