“You’re spending time to save money when you should be spending money to save time.”
—Naval Ravikant, Indian-American entrepreneur and investor
Image from Unsplash by Daniel Watson
When I was eleven, I started my first business.
My dad loaned me $75 to buy a Sears Craftsman lawn mower, and I got busy knocking on all the neighborhood doors.
Prior to my gas-powered efforts, I used one of those rotary mowers that would always get clogged with grass if it was too long or wet. After one multi-hour effort on a neighbor’s neglected lawn with only three dollars to show for it, my rotary mower was history.
Where in your life have you and do you trade your time for money?
Where over the years have your learned to use your money to more efficiently and effectively allocate your time?
Where and in what ways have you learned that time is the coin of life? In what ways can you spend and invest it more wisely? How can you use your money and other resources to get far more bang for your bucks?
“I would love to live like a river flows, carried by the surprise of its own unfolding.”
—John O’Donohue, late Irish poet, author, philosopher
I recently attended a webinar on leadership resilience led by Mike Rochelle, a former three star general. He shared a story about the “Type A Personality Modification” class that was part of his military leadership development.
As a person who lived by his wristwatch, Mike was always in a rush to maximize his efficiency and effectiveness. His instructor gave him the assignment to go without his watch for a full week to see what happened.
During that week Mike discovered a whole new world of sights, sounds, and feelings previously hidden by his laser focused approached of getting from point A to point B. He began living life like a river and became much more present to its unfolding, and of course, the many people guided by his leadership.
Check out the 15-minute 2018 adventure documentary, Traveling on Trash by Dan Cullum and his friends, who traveled the 2,000 miles of the Mississippi River in 56 days. I hope that you, too, get caught up by the unfolding of its story.
“When the water starts boiling it is foolish to turn off the heat.”
—Nelson Mandela, late South African anti-apartheid political leader
Image from Unsplash by Derek Story
On most mornings I wake up very early and head to the health club to kick start my day. My club is located near my office, about 15 miles from my home.
Given the light traffic at this early hour, I do my best to avoid stop lights by adjusting my use of the gas pedal and brakes. This maintains my momentum and improves my fuel efficiency.
What are some of your personal or professional projects in which the water is already boiling?
How can and will you keep adding another log to the fires of your current momentum to achieve even more extraordinary outcomes?
“Constraints can unwittingly open so many doors.”
—Lindsay Hunter, Chicago-based Fiction Writer
Image from Tzedek-Tzedek
The Theory of constraints is an important management system that helps businesses achieve their goals. The concept has proven to be beneficial in areas such as manufacturing, where it has improved service, on-time delivery, and reduced the need for excessive inventory.
Identifying constraints, or what some call bottlenecks or the weakest link in a chain, can help all of us become more efficient and effective simply by removing them or by finding a way around them.
Where, however, could constraints on either your personal or professional worlds actually serve you to explore and discover new opportunities?
Try a few thought experiments to examine the potential benefits of the following list of constraints:
- Time: having a finite lifespan
- Your memory
- Your health and fitness
- The natural resources of the earth
- Your belief system
- Experience and knowledge
- Space: your physical environment
Feel free to reply to this post with any insights you have, and opportunities you discover.
“You know you’re getting old when you stoop to tie your shoelaces and wonder what else you can do while you’re down there.”
—George Burns, 20th Century comedian and actor
Image from New York Daily News
George Burns the actor, writer, singer, and perhaps most notably, comedian, was a bit of an expert on aging. He lived to be 100. His career spanned over 75 year in vaudeville, radio, and even film, where at the age of 79, he won an Academy Award for Best Supporting Actor in the 1975 film, The Sunshine Boys.
Along with his comedic wit, George must have been an efficiency expert, looking to squeeze all the value out of his efforts, even along the short journey down to tie his shoes.
Where would a “work smarter, not harder” approach to your daily efforts make the biggest difference in the days, weeks, months, and years to come?
“In the long run, a short cut seldom is.”
—Malcolm Forbes, Founder of Forbes Magazine
Image from wordher
In the never-ending battle between efficiency and effectiveness, the shorter “Road to Hell” may be paved with good intentions, but often results in unexpected problems.
I’m not referring to organizational initiatives such as Six Sigma or Lean, but to more common, daily occurrences, such as handling e-mail.
How often do you overlook or delete emails with the intent of greater speed, efficiency, and overall productivity, then have them come back to haunt you?
How often have you sent an important message to a client, colleague, or your boss, with one or more significant spelling or grammatical errors, and wish you could have a “do-over”?
Where and on what issues is it the wise call to slow down and not take a short cut, to assure the result you desire?