Tag: business (page 2 of 3)

Aren’t you ashamed to reserve for yourself only the remnants of your life and to dedicate to wisdom only that time can’t be directed to business?

Once you remove the specific details from the lives of the ancients, their lives were remarkably like ours. Take today’s title, for example, which is a quotation from Seneca. He knew what it was like to be so busy doing ‘productive’ things to the exclusion of almost everything else.

My good friend Laura Hilliger wears her heart on her sleeve, and is the most no-nonsense person I know. By observing the way she lives and works, I’m learning to set limits and say exactly what I think:

Alright. I give up. #protip - If you are unable to be productive, forcing yourself to try and be productive is making you even more unproductive. Read a book or something instead.

The thing is that western society, implicitly at least, assumes that people are ‘fixed’ in terms of their personality and likes. But that’s just the way that we choose to see ourselves:

Diagram showing The Socialised Mind, The Self-Authoring Mind, and the Self-Transforming Mind

I feel that the biggest thing that constrains us is our view of how we think other people see us. That perceived expectation becomes internalised, creating a ‘psychic prison’ which becomes an extremely limited playground. For better or for worse, we perform the role of how we think other people have come to see us.

One way many people find to avoid responsibility for their life choices is to play the ‘busy’ card. They’re too busy to make good decisions, to look after their mental and physical health, to ensure that they’re doing your best work.

The trouble is, that’s simply not true. We’ve got more free time than our parents and grandparents:

Chart taken from The Atlantic

As the above chart demonstrates, it’s not true that we actually work more hours. Instead, I think, it’s that we’re so concerned about how other people see us that we spend time doing things that feel like work but are mostly to do with presentation of self. Hence the amount of time spent on social networks like Instagram trying to create the highlights reel of our lives to show others.

One way of viewing this is that we’ve collectively internalised capitalism. The logic of the market has become as invisible to us as an ideology as water is to fish. In fact, some people say it’s easier to imagine the end of the world than the end of capitalism!

How to know when you've internalised capitalism
- you determine your worth based on your productivity
- you feel guilty for resting
- your primary concern is to make yourself profitable
- you neglect your health
- you think 'hard work' is what brings happiness

Of course, it’s become something of a cliché in our pseudo-enlightened times to talk of capitalism as the meta-problem behind everything. But that doesn’t make it any less true.

Probably one of the biggest unacknowledged impacts of capitalism on our life is the artificial scarcity of time.

Without capitalism, we could all work less. We could rest more. We could let selfcare, play and creation come intuitively. A lot of things don’t need to be scheduled. 
We could just let time happen without any obligation to make a particular use of it.

When we act as if we’re in a rush, things aren’t properly scrutinised. Yesterday’s news (and opinions, and facts) don’t matter. It’s all about today. Our politicians have no shame, and ethics are entirely subjective.

Existential Comics - Marx on Business Ethics (1)
Existential Comics - Marx on Business Ethics (2)
Existentialist Comics

Our identity is mediated by the market, by what we produce instead of who we are. I keep coming back to a fantastic episode of Jocelyn K. Glei’s Hurry Slowly podcast entitled Who Are You Without The Doing? in which she explains that we should learn to ‘sit with ourselves’, learning that change comes from within:

You have to completely conquer the feeling that there is something fundamentally wrong with your human nature, and that therefore you need discipline to correct your behavior. As long as you feel the discipline comes from the outside, there is still a feeling that something is lacking in you.

Jocelyn K. Glei

Derek Sivers uses the metaphor of ‘doors’ to explain where he finds value and wants to spend time doing. Some doors he opens and it helps him grow as a person and fosters positive relationships.

But one door is really no fun to open. I’m horrified at all the shouting, the second I open it. It’s an infinite dark room filled with psychologically tortured people, trying to get attention. Strangers screaming at strangers, starting fights. Businesses set up shop there, showing who’s said and done bad things today, because they make money when people get mad.

Derek Sivers

We keep wringing our hands about people’s behaviour online, but it’s that way for a reason. Hate is profitable for social networks:

Massive platforms like Facebook, Twitter, and YouTube “optimize for engagement,” and make automatic, algorithmic suggestions for every bit of content or action. From “you might also like” to “recommended just for you” to prioritizing things — anything — that will get you to click, comment, or share.

[…]

They know what will catch your attention. They know what will get you “engaged.” They know what will be more likely to lead you deeper into a rabbit hole, and what will make it harder to climb back out. Is it a literal, iron-clad trap? No. But the slippery, spiral path that leads people to the darkest corners of the internet is not an accident.

[…]

Hate is profitable. Conflict is profitable. Schadenfreude and shame are profitable. While we smugly point fingers, tsk-tsk, and think we’re being clever as we strategically dole out likes and shares, we forget that we are all just gruel-fed hamsters running on wheels deep inside giant, hyper-engineered, artificially intelligent, fully gamified, corporate-controlled virtual worlds that we absurdly think belong to us.

Ryan Ozawa

This all comes back to the time equation. Because we feel like we don’t have enough time to curate things ourselves, we outsource that to others. That ends up with handing our information environments over to others to manipulate and control. It’s curate or be curated.

Nobody cares about how much money you earn. Nobody cares how productive you are. Not really.

Also, without sounding harsh, nobody else cares how productive you are. Of course, productivity is important for important things, and “getting stuff done” or whatever, but it doesn’t define you in any way. What does is things like your sense of humour, where your passions lie, how you comfort a friend who’s upset, and that weird noise you make when the delivery guy calls you to say he’s outside with your food.

Leila Mitwally

The trouble is that we don’t want to have this conversation, because it questions our identity, and everything we’ve been working for over our careers and throughout our lives:

But we don’t want to hear that because accepting this truth means asking a lot of complicated questions about our society, in which work is glorified as the pinnacle of self-expression, and personal earnings are viewed as a measure of merit and esteem.

Instead, we would instead read about buy into the idea that success in our work life is a merely a matter of being more productive. If you just follow the ‘right’ set of algorithms or rules, you too can achieve ‘success’ in your work life, along with fame and recognition and a fat bank account.

Richard Whittall

So, to finish, let me revisit a link I shared recently from Jason Hickel. We can choose to live differently, to recognise the abundance of time and resources we have in the world. To slow down, to take stock, and reject economic growth as in any way a useful indicator of human flourishing:

It doesn’t have to be this way. We can call a halt to the madness – throw a wrench in the juggernaut. By de-enclosing social goods and restoring the commons, we can ensure that people are able to access the things that they need to live a good life without having to generate piles of income in order to do so, and without feeding the never-ending growth machine. “Private riches” may shrink, as Lauderdale pointed out, but public wealth will increase.

Jason Hickel

It doesn’t have to be difficult. We can just, as Dan Lyons mentions in his book Lab Rats, decide to work on things that ‘close the gap’ or ‘increase the gap’. What that means to you, in your context, is a different matter.

The rise and rise of e-sports

I wouldn’t even have bothered clicking on this article if it weren’t for one simple fact: my son can’t get enough of this guy’s YouTube channel.

If you haven’t heard of Ninja, ask the nearest 12-year-old. He shot to fame in March after he and Drake played Fortnite, the video game phenomenon in which 100 players are dropped onto an island and battle to be the last one standing while building forts that are used to both attack and hide from opponents. At its peak, Ninja and Drake’s game, which also featured rapper Travis Scott and Pittsburgh Steelers receiver JuJu Smith-Schuster, pulled in 630,000 concurrent viewers on Twitch, Amazon’s livestreaming platform, shattering the previous record of 388,000. Since then, Ninja has achieved what no other gamer has before: mainstream fame. With 11 million Twitch followers and climbing, he commands an audience few can dream of. In April, he logged the most social media interactions in the entire sports world, beating out the likes of Cristiano Ronaldo, Shaquille O’Neal and Neymar.

This article in ESPN is testament to the work that Ninja (a.k.a. Tyler Blevins) has done in crafting a brand and putting in the hours for over a decade. It sounds gruelling:

Tyler can’t join us until he wraps up his six-hour stream. In the basement, past a well-stocked bar, a pool table and a dartboard, next to a foosball table, he sits on this sunny August day in a T-shirt and plaid pajama pants at the most famous space in their house, his gaming setup. It doesn’t look like much — a couple of screens, a fridge full of Red Bull, a mess of wires — but from this modest corner he makes millions by captivating millions.

[…]

In college, Jess [his wife] started streaming to better understand why Tyler would go hours without replying to her texts. A day in, she realized how consuming it was. “It’s physically exhausting but also mentally because you’re sitting there constantly interacting,” Tyler says. “I’m engaging a lot more senses than if I were just gaming by myself. We’re not sitting there doing nothing. I don’t think anyone gets that.”

The reason for sharing this here is because I’m going to use this as an example of deliberate practice.

How does he stay so good? Pro tip: Don’t just play, practice. Ninja competes in about 50 games a day, and he analyzes each and every one. He never gets tired of it, and every loss hits him hard. Hypercompetitive, he makes sure he walks away with at least one win each day. (He averages about 15 and once got 29 in a single day.)

“When I die, I get so upset,” he says. “You can play every single day, you’re not practicing. You die, and oh well, you go onto the next game. When you’re practicing, you’re taking every single match seriously, so you don’t have an excuse when you die. You’re like, ‘I should have rotated here, I should have pushed there, I should have backed off.’ A lot of people don’t do that.”

The article is worth a read, for several reasons. It shows why e-sports are going to be even bigger than regular sports for my children’s generation. It demonstrates how to get to the top in anything you have to put in the time and effort. And, perhaps, above all, it shows that, just as I’ve found, growing up spending time in front of screens can be pretty lucrative.

Source: ESPN

Reduce your costs, retain your focus

The older I get, the less important I realise things are that I deemed earlier in life. For example, the main thing in life seems to be to find something you can find interesting to work on for a long period of time. That’s unlikely to be a ‘job’ but more like a problem to be solved values to exemplify and share.

Jason Fried writes on his company’s blog about the journey that they’ve taken over the last 19 years. Everyone knows Basecamp because it’s been around for as long as you’ve been on the web.

2018 will be our 19th year in business. That means we’ve survived a couple of major downturns — 2001, and 2008, specifically. I’ve been asked how. It’s simple: It didn’t cost us much to stay in business. In 2001 we had 4 employees. We were competing against companies that had 40, 400, even 4000. We had 4. We made it through, many did not. In 2008 we had around 20. We had millions in revenue coming in, but we still didn’t spend money on marketing, and we still sublet a corner of someone else’s office. Business was amazing, but we continued to keep our costs low. Keeping a handle on your costs must be a habit, not an occasion. Diets don’t work, eating responsibly does.

What is true in business is true in your personal life. I’m writing this out in the garden of our terraced property. It’s approximately the size of a postage stamp. No matter, it’s big enough for what we need, and living here means my wife doesn’t have to work (unless she wants to) and I’m not under pressure to earn some huge salary.

So keep your costs as low as possible. And it’s likely that true number is even lower than you think possible. That’s how you last through the leanest times. The leanest times are often the earliest times, when you don’t have customers yet, when you don’t have revenue yet. Why would you tank your odds of survival by spending money you don’t have on things you don’t need? Beats me, but people do it all the time. ALL THE TIME. Dreaming of all the amazing things you’ll do in year three doesn’t matter if you can’t get past year two.

These days we have huge expectations of what life should give us. The funny thing is that, if you stand back a moment and ask what you actually need, there’s never been a time in history when the baseline that society provides has been so high.

We rush around the place trying to be like other people and organisations, when we need to think about what who and what we’re trying to be. The way to ‘win’ at life and business is to still be doing what you enjoy and deem important when everyone else has crashed and burned.

Source: Signal v. Noise