Do You Measure Your Wealth in Money or Time?

When people consider the idea of success, often they equate dollar signs as the measure. The belief is that having more money in the bank account equals greater satisfaction. However, one can have an abundance of dollars, but it is worthless when there is no time to enjoy it. Therefore, is it more accurate to say that a person should be measured by how much time freedom they have?

In a recent article on Lifehacker, writer Jeff Somers explores how control over one’s time rather than monetary wealth may be the best sign of success. He writes:

Time affluence—the feeling that you have enough time to accomplish everything you want to get done—is a crucial aspect of our happiness and sense of personal satisfaction. Time poverty is the opposite—that stressful feeling you get when there aren’t enough hours in the day to get everything done. Between commuting to and from our jobs, the time spent working, then the chores at home, many of us barely have time to eat some dinner and maybe stream a show before collapsing into bed—and starting the process over again the next day.

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Later in the article he offers some time hacks that can free up valuable space in the day. The first method he discusses is organizing and prioritizing.

Since your time is limited, stop treating it like an amorphous, infinite resource you always have more of. Make lists of things you need or want to do and prioritize them. Then use time blocking to break each of those priorities into a fixed amount of time needed to accomplish them or at least move them toward completion. This avoids letting tasks pile up, which increases stress and that sense of not being in control of your time, and provides a visual guide to how your day will play out. And having clear times for specific activities to end will increase your efficiency.

Learn his other techniques for building up time affluence by reading the rest of the article.

Opening Up Your Personal Constraints

Oftentimes personal development seems like a nebulous task. Since a lot of it takes place in our heads and hearts, it would seem that attempts at self-improvement are hard to quantify. However, could there be a way to use physical world productivity systems to produce inner growth?

On his YouTube channel, Tiago Forte recently explored using the Theory of Constraints to improve personal productivity and development. For those not familiar with the theory, it was developed decades ago to better understand how large-scale systems, especially factories, could function more effectively. A key focus of the process is identifying the bottleneck. The website Lean Production defines it this way:

The core concept of the Theory of Constraints is that every process has a single constraint and that total process throughput can only be improved when the constraint is improved. A very important corollary to this is that spending time optimizing non-constraints will not provide significant benefits; only improvements to the constraint will further the goal (achieving more profit).

Thus, TOC seeks to provide precise and sustained focus on improving the current constraint until it no longer limits throughput, at which point the focus moves to the next constraint. The underlying power of TOC flows from its ability to generate a tremendously strong focus towards a single goal (profit) and to removing the principal impediment (the constraint) to achieving more of that goal. In fact, Goldratt considers focus to be the essence of TOC.

Tiago believes that this theory can be applied to personal growth. In the video, he gives an example of how he uses it to improve his deep-thinking time for writing his next book. Since there is no physical bottleneck, what he explores is how his personal energy is the obstacle to his process. He then identifies ways to overcome it, such as blocking out time in the morning, exercising, eating healthy, and minimizing distractions. All these actions are ways to expand his capacity to think deeper.

The video is only five minutes long and easy to understand. I invite you to watch it and learn how the Theory of Constraints could improve your life.

Never Start a Meeting Without One of These!

Have you ever attended a meeting that lacked focus and direction?

No doubt you thought that was a rhetorical question. More often than not, meetings drift onto strange paths or seemingly hit a dead end. While there are many reasons why this happens, one way to prevent it is straightforward. Never start a meeting without drafting a clear, written agenda.

A vital factor to holding an effective meeting is a pre-planned agenda. In fact, 67% of
respondents in a Flowtrace survey
said that having a clear agenda is important to a successful
meeting. It is the responsibility of the person calling the meeting, or the standing committee secretary, to prepare an agenda, ideally for distribution at least a day before the meeting.

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Simple agendas have at the top of the document the committee’s name or subject of the meeting, date
and time, and a bullet point list of items to be discussed. If it is a recurring meeting, the date/time/place of the next meeting should be listed at the bottom. The first item of business is for everyone in attendance to agree on the agenda, with an opportunity to add items as needed. Only after this is done should discussion commence on the items listed.

Agendas may contain specific sections, such as approval of prior minutes, depending on
the official status of the meeting. For example, Governing Boards follow local or state rules in
their operations. This means having roll calls, obeying rules of order, and publishing their
agendas in advance to the public. This ensures proper notice for anyone who wishes to attend.

Therefore, the next time you call a meeting, draft an agenda in advance. No doubt you will find the meeting more productive and quicker to complete, resulting in greater satisfaction and success.

Libraries Make Everything Better

For those of us who are devoted library members, there is nothing more satisfying than walking into our local branch to find a book or attend an event. But have you ever wondered if everyone else entering the library feels the same way?

The New York Public Library was very interested in this question and commissioned a survey to discover the truth. And the truth was good. In an article on Literary Hub by James Folta, the results of the survey were shared.

Science has backed up what many of us have long been saying: the library rocks. A study from the New York Public Library surveyed 1,974 users on how the library makes them feel and how it affects their lives, and the results are overwhelmingly positive.

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Breaking down the survey questions, the amount of perceived benefits from the library was very impressive.

  • 92% of respondents reported feeling somewhat to very “calm / peaceful” after visiting the Library
  • 74% of respondents reported that their library use positively affects how equipped they feel to cope with the world
  • 90% of respondents reported that their Library use positively affects how much they love to learn new things
  • 88% of respondents reported that their Library use has supported their personal growth

Even more encouraging were the comments from the survey participants. Folta reports:

What I find most charming in this study are the quotes, which the researchers highlight in “Patron Voices” sections. They’re full of great little lines, like people calling the library “a touchstone” and “a place to rely on,” and that “knowing it’s there makes me feel better about my life in the city.”

What to see more results? Read the full article on the Literary Hub website.

Habits of Success – Are They Real?

If you scroll long enough on any social media feed eventually a story will show up with a title like “The Top Ten Ways to be Successful” or “Emperor Caesar’s Habits for Success.” The gist of these articles is that copying the things successful people do will inevitably lead you to success too. But is that true?

According to Darious Foroux, copying the actions of seemingly successful people is no guarantee of success for yourself. In his article, Stop Imitating The Habits Of Successful People: It’s Killing You, he points out the main flaw with all these Internet advice pieces.

They always focus on the outcome. Not the process. Studying, learning, and stealing productive habits or tactics are all smart things to do. But that’s not what I’m talking about here. I talk about people who only focus on the outcome. I.e. success.

Also, everyone pretends that the word success has nothing to do with money and status. But that’s simply not true. When we talk about success, we all talk about getting rich. Just be honest.

For Foroux, success is not simply a matter of counting your money to keep score. Success is much more varied than that. He adds:

But let’s keep it real and not pretend that “only you can determine the definition of success,” and then talk about the habits of millionaires. 

Foroux then points out the flaw in the logic of copying the actions of notable people. It is simply that mindlessly following habits alone does very little to help us achieve our goals.

For instance, take waking up early. That’s always part of the lists of habits. But waking up is not a skill that does something. When you try to imitate a rich person who wakes up early, will you become rich by waking up early?

That’s why I find it odd that people try to imitate successful people. What’s the point? Even if you know the EXACT ingredients of success, it’s no good to you.

To hear what Foroux suggests instead, please visit his website to read the rest of his article.

Don’t Send that Email … Unless You Have To!

Being careful when sending an email is something every knowledge worker must consider on a daily basis. Below is a section from my article, Effective Email Etiquette, to highlight when it is best to put something in an email and when it is not.

Don’t Send that Email … Unless You Have To!

One of the biggest challenges in effective communication is deciding the medium for the message. For many people, email is a common way to share information. In fact, it is often preferred, as implied by the saying, “this was another meeting that should have been an email.”  Yet it does have limits. Here are times when email is appropriate:

  1. Routine communication: Emails are suitable for routine updates, sharing information, and conveying non-urgent messages. If your message is not time-sensitive and allows for a delayed response, email is a suitable choice.
  2. Documentation: When you need a written record of communication, such as project updates, agreements, or decisions.
  3. Scheduling and coordination: For arranging meetings, confirming appointments, and coordinating schedules.
  4. Formal communication: In professional settings, emails are often appropriate for formal communication, such as job applications, official announcements, and business proposals.
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However, there are situations when hitting send on that message would cause trouble:

  1. Urgent matters: In situations requiring immediate attention or response, consider using a more direct and real-time communication method, such as phone calls or instant messaging.
  2. Sensitive or confidential information: Avoid sending sensitive or confidential information via email, especially if it involves personal or financial details. Use secure methods or direct communication for such matters. If your message involves emotional or sensitive topics, consider having a face-to-face conversation or using a more personal communication method to avoid misunderstandings.
  3. Complex issues: For complex or nuanced discussions that may benefit from real-time interaction and clarification, opt for a meeting or a phone call.
  4. Negative feedback: When providing constructive criticism or negative feedback, it’s often better to deliver it in person or over the phone to ensure clarity and understanding.

What to know more about how to do better emails? Read the entire article on Effective Email Etiquette.

Organizing is Not Decluttering

What’s the best way to declutter a space?

The first solution most people jump to is organization. They find storage boxes into which to stash their horde of items. The boxes are then placed out of the way in a closet, attic, or basement for months or years to come. Problem solved right?

According to the Minimalists, this approach is the worst way to approach decluttering. Why?

Because all you are doing is moving items from one place to another. The clutter is put out of sight but not removed entirely. In a recent video on their Instagram channel, the Minimalists argue that storage boxes are actually “clutter coffins where all your stuff goes to die.”

Worst still, many people use up valuable space in their homes or even rent space in a storage locker to keep these completely unneeded belongings in their lives.

What is the best way handle clutter?

The Minimalists believe that completely letting go of our unnecessary items is the path to declutter. Reducing our belongings clears up space, both physically and psychologically. That way we can use our physical spaces to store only the things we currently value. As well, we keep our minds clear by removing items that no longer match who we are and what we aspire to do.

Therefore, resist the urge to buy that shiny new container. Instead, as Marie Kondo would tell you, discard anything that doesn’t spark joy. Once done, enjoy the results.

The Numbness of Blended Stacks

Take a moment to look at your desk. Can you quickly identify all the items that require attention?

Too often we let things pile up in our workspace. This causes us to lose track of our progress and creates unnecessary stress. Yet this way of working is all too common amongst knowledge workers. Is there a better method?

Recently David Allen wrote an article on the Getting Things Done website to discuss this issue. He begins by defining the problem.

The most obvious case is where there are stacks of things that include items that have actions associated with them and things that just need to be filed or tossed. Often this is true of piles of reading material—magazines, junk mail, email printouts, copies of articles, etc. Most people do not make a clean distinction, visibly or psychologically, between what they still tell themselves they should read, and what should be stored, routed, or just thrown away.

Naturally for Allen, the GTD methodology is the best way to resolve this situation.

With a proper segmentation of the nature of our “stuff”, it is amazing to notice the immediate change for the better in clarity and energy. This is the beauty of the GTD Workflow Diagram in helping you walk through that distinction. With a little effective categorizing, you can stop having to keep thinking about having to be doing so much work!

Read the whole article on the Getting Things Done website.

Never Leave a Meeting Without Doing This

Imagine a meeting where all the participants are active in the conversation. Great ideas are shared and built upon. Everyone feels excited about the goals discussed. Was that a successful meeting? It could be, so long as something important is done before the meeting is adjourned.

Many seemingly productive meetings end up being for naught if the follow-through is fumbled. To ensure it happens, follow this simple rule.

Never end a meeting without summarizing the decisions and assigning the next actions to move items forward.

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Prioritized next actions are the fruits of a successful meeting. When there is uncertainty over who is responsible to do tasks decided upon in the meeting, the risk of inaction is huge. Everyone attending the meeting should be clear on his or her responsibilities before adjournment.

Five key steps to remember:

  • Write down the specific next actions decided on in the meeting
  • Assign the task to participants and make them responsible for completing each action
  • Be clear on the deadlines for each action item
  • Have a means to share updates on each action completed with the rest of the group
  • Finally, decide when and where the next meeting will happen if needed

Follow these steps to ensure that your valuable meetings lead to success afterwards.