Your time and energy is currency. It’s valuable and you get to decide where you spend it – so spend it wisely.
Life Currency is the time + energy + money you spend on any given area of your life. When you do a self-examination are you spending your Life Currency all in one place or are you looking to be more balanced and well-rounded in your approach?
The key concept here is a well thought out distribution model that works best in your life. This can vary a bit depending on the person, but approaching this realistically and from an unbiased perspective is the only way someone is going to positively impact their life and growth potential.
There is a quote by Simon Sinek that says, “Drinking isn’t bad, too much drinking is bad. Gambling is fun, too much gambling is dangerous.” Figure 1.1 below is a great illustration of this. 80% of the currency in this model is overspent in categories that are not going to create positive growth.
Drinking and gambling are leisure areas of a person’s life that should only get currency after the other more important areas get their investment first. If this doesn’t happen, it is only a matter of time before mental, emotional, physical, and spiritual obstacles begin to present themselves making life harder.
A second example, and an important distinction to make, is that overspending into any single category can be just as detrimental as spending too much in the wrong categories. Even when you think the single category is worth 100% of your currency.
This isn’t exactly intuitive, so Figure 2.2 will be followed with an explanation.
The figure above is an example of a person that spends 100% of their currency on family. They don’t focus any currency on their own health, their fitness, their knowledge growth, or their community.
This is not a good distribution model. They have goals and aspirations. They need growth and the sanity of progress. They need health and well-being just like anyone else. If they spend 100% of their currency on others, what happens to them?
And while Family is absolutely crucial to happiness, and charity an honorable pursuit in its own right, they will essentially rob themselves of so many things by not managing a solid distribution model of their life. Lastly, the biggest tragedy here, is that they could actually give their family so much more if they just took care of their own health and well-being in addition to taking care of their family.
The moral of this story is to assess your life in an objective and balanced way. Define the areas of your life and determine how you are spending your currency. Be honest with yourself, even if it hurts a little. You need to understand your weakness or vulnerabilities if you ever want to have a chance of changing them.
Hold the line & keep hammering.
This is a brilliant phrase I leveraged in one of my earlier posts highlighting the debilitating effects of procrastination and how the reward system of planning life this way always ends up the same – it never happens, it never arrives.
I’ll break this down – though the meaning is relatively obvious – because I want to make sure this idea is as transparent and layer driven as possible.
I was in a bar in Fort Worth, Texas one evening after having dinner with my wife and I looked up on the wall near the door and hanging there was a wooden sign with the prophetic words etched into its center:
FREE BEER TOMORROW.
I smiled. That was the emptiest promise I’ve ever read in my life. Cruel even....
The main problem with a FREE BEER TOMORROW mindset is that it never delivers. It's the proverbial carrot dangling right in front of us that we are striving to get to, but each step toward the goal, pushes it out by just one more day. It will forever remain just barely out of reach.
However, if one were to adjust the phrasing just a little, the entire dynamic would change.
FREE BEER TOMORROW, November 7th @ 9:02 pm.
Now you’re cooking with fire! That phrase is irrefutable. That phrase now has a purpose, an inception date. There is no grey area of interpretation or easy escape for a procrastinator to hide behind. FREE BEER will in fact happen, TOMORROW.
Amazing how a small adjustment to phrasing changes the entire dynamic of the promise.
In the very same vein, when you identify a goal to pursue, the most important first step is deciding when to start and to be firm with specificity. Selecting a date is the base requirement. An even better step is selecting a date and time. The very best, and most unusual step, is to set an odd hour such as 4:37 pm or 5:21 am. The odd nature of this un-rounded hour might add that very last bit of attention to detail in order to make your promise unique.
Be disciplined and be patient. Any goal you pursue is a goal, by its very nature, because it is remarkable to you in some way. And doing something remarkable takes time.
Find your life-hacks.
Peel back the layers of your reward system and tweak it to serve you best. Your daily habits in life are a slave to you and not the other way around. Make your changes incrementally. Be adaptive, meaning if a certain plan is not working feel free to adjust it and change it.
Respect the process more than you idolize the outcome.
It's easy to fixate on the final best version of yourself. The guy who has shredded abs. The guy who makes $1 Million a year. The guy who doesn't drink anymore. However, if you fixate and obsess over the final product more than you obsess about the tactics and discipline needed to get there - you'll never actually be that guy, because FREE BEER TOMORROW will happen to you.
Make shit happen. Start today. I know you have the fortitude to do so.