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« December 2017 | Main | February 2018 »
January 2018
January 14, 2018
January 12, 2018
January 07, 2018
Here Are Some Links For Your Weekly Reading - January 7th, 2018
Markets can remain irrational longer than you can bet against them. The trend is your friend. Remember, a trend is a trend ... until it's not.
- Why Life Seems to Speed Up Over Time, and How to Slow It Down Again. (BigThink)
- Why Calendars are More Effective Than to Do Lists. (Medium)
- Anyone Can Change Any Habit': The Science of Keeping Your 2018 Resolutions. (TheGuardian)
- How to Prioritize Decisions as a Team with a Questions and Assumptions Activity. (Zapier)
- Amazon Has Triggered a $5 Billion Bidding War Here are the Craziest Proposals for Its New Headquarters. (BusinessInsider)
- Will the Black Boxes Cause the Next Financial Crisis? (Latest)
- Bitcoin Isn't a Currency, It's a Commodity ... Price It that Way. (WSJ)
- The Most Important Tech Trends of 2018, According to Top VCs. (FastCompany)
- Apple's iPhone Easily Named 'Best-Selling Tech Product of 2017'. (MacRumors)
- Trump: U.S. Postal Service is Making Amazon Richer, Should Be Charging Tech Giant MUCH MORE!'. (GeekWire)
The Time Value of Time
In many senses time is relative.
You don't have to be a rocket scientist to understand this quote from Einstein.
"When you are courting a nice girl, an hour seems like a second. When you sit on a red-hot cinder, a second seems like an hour. That's relativity."
It is about more than perception.
Here is something that highlights the relative value of time.
The Value Of Time:
- To understand the value of a year, talk to a student who has failed an important exam.
- To understand the value of a month, talk to a mother who has given birth to a baby a month prematurely.
- To understand the value of a week, talk to the publisher of a weekly newspaper.
- To understand the value of an hour, talk to a couple in love who are separated and want only to be together again.
- To understand the value of a minute, talk to someone who has just missed their train or plane flight.
- To understand the value of a second, talk to someone who has lost a loved one in an accident.
- And to understand the value of a millisecond, talk to someone who won the silver medal at the Olympic Games.
Time waits for no one. So it is important to remember to make the best use of the time you have.
That Doesn't Mean Time Is Scarce Or Has To Be A Constraint:
Time is often thought of as a constraint or a scarce resource. There are lots of phrases that highlight this type of thinking. For example: I don't have enough time; I'm running late; I'm up against a deadline; There are only 24-hours in a day; or, I’m going as fast as I can. As you might guess, that list goes on further. Yet, time does not have to be that way ... it can be a tool instead.
So, I started to think about how I used time.
Was I making the most of it ... or taking it for granted? It didn’t take much introspection to notice a few of the ruts I fell into. I'm going to talk about one of them, here, because a small shift can have a massive impact.
To start, let's talk about pace.
A Change of Pace:
When I jog, the beginning and the end are the hardest for me. Yet, after I find that initial pace and I settle into a comfortable rhythm, the majority of the run is relatively painless. My mind and body switch to a nearly automatic mode and I have time to think about many things.
Work is similar in many respects. Once a team gets into a rhythm, work and progress are somewhat automatic. Breaking inertia is a challenge; but, people recognize that it's a challenge. The more insidious problem is to fail to recognize that the work rhythm that's comfortable, and which produces progress, is still a rut. It doesn't stretch and challenge the team to strive for more. Yet, this stretching is what drives innovation. It's the thought we haven't had yet … and a new perspective that changes everything.
Changing your pace can be an incredible catalyst to make that happen for you. For example, imagine that we put together a new portfolio in two weeks, on a wholly new tech platform, with new markets, and using new techniques. Then we tested, re-balanced and rebuilt that portfolio in one week. What we did, or the time in which we did it, wasn’t important. The important part is that it caused the team to work at a radically different pace than before. It was a sprint.
Moreover, this sprint caused us to re-think what we do, and more importantly, how we do it. Many of the innovations and new distinctions that we discovered through this process will work their way into other areas of our work (and will act as a catalyst for us to re-evaluate the way we do things).
A Challenge For You:
I challenge you to consciously change the pace of something that you are already comfortable doing a certain way. The pace can be faster, or the pace can be slower ... it doesn't matter. Then notice what comes up for you, and what new opportunities and possibilities you discover.
Time is a valuable resource. Take this opportunity to re-examine how you can best view and use time to make the most of it.
Thoughts on Ten Years of Marriage ...
I met Jennifer in April of 2004. We got married in January of 2008. We celebrated our 10th Wedding Anniversary this week.
Wow, how time flies!
On one hand, it seems like just yesterday. On the other hand, portions of that decade seemed to take forever.
As an entrepreneur, I live in a weird "tense". For me, the future and present are often blended. Meaning, I imagine the future I want – and then I find the path to create (or manifest) that destiny. Not surprisingly, some of the things that were easy to imagine were hard to bring into reality (in a reproducible, efficient, and effective manner or process) ... And these things seem to take forever.
Other things (like relationships or the growth and maturation of my kids) seemed to happen in the blink of an eye.
I am consciously trying to be more mindful and grateful for the progress (and even the minor moments, wins, or curiosities) before me. The truth is that if you fail to notice them, you don't experience them.
Here is to experiencing all that you need or want ... and I hope the rest serves as raw material, learning, or fuel to get you there faster.
Onwards!
January 05, 2018
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Ultra Spiritual Wisdom on Bitcoin
Seemingly everywhere I go, someone asks me about Bitcoin.
Clearly, there are speculators and day traders banking coin.
I am a little surprised by how fast it captured the cultural zeitgeist.
Here's a clever spoof ... worth watching.
AwakenWithJP via Youtube
I'm sure we'll talk more about Bitcoin ... but, more importantly, Blockchain (which is the technology that Bitcoin and other cryptocurrencies were built upon).
I am currently investigating and planning how we'll use Blockchain.
Onwards.
Posted at 04:43 PM in Business, Current Affairs, Gadgets, Ideas, Just for Fun, Market Commentary, Trading, Trading Tools, Web/Tech | Permalink | Comments (0)
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