I finished reading Year of Yes by Shonda Rhimes, which was a really good book, easy read, and had some humor. I thought the book was going to talk more about how the little yes’s changed her life instead of a few examples of the amazing events she said yes to. Here are my favorite parts of the book:
Yazzzz 🙌 👏. I cannot agree more. Sounds like my motto.
Do you wanna play? Shonda’s toddler asks her to play. It only takes 15 minutes but her mindset changes. Spend 15 minutes to share your love with your children and yourself, whether it is a bubble bath, manicure, or anything other activity you really like.
She changed the bottom of her email signature to say:
Please Note: I will not engage in work emails after 7 pm or on weekends. IF I AM YOUR BOSS, MAY I SUGGEST: PUT DOWN YOUR PHONE. (p 128)
I think this is great because the strange mindset in the American work force is to keep keep working. You check an email here and there after hours because it’s “easy”, it’s “quick”, and you just “want to stay on top of things.” But in reality, it is perpetuating people working constantly, being always available. Not everyone is a doctor. Not everything needs fixing ASAP. Relax and take after work hours to do other things outside of work. Relax on vacation and turn that work phone and emails off. Truly disconnect.
Losing yourself does not happen all at once. Losing yourself happens one no at a time. No to going out tonight. Not to catching up with that old college roommate. No to attending that party. No to going on vacation. No to making a new friend. Losing yourself happens one pound at a time. (p 141)
I picked up “The Last Safe Investment” by Bryan Franklin, Michael Ellsberg from the library, thinking it would provide some insight into growing wealth. I stopped reading on page 118 (I had to return the book). It sums up to this: spend systematically so it can provide other value to your life and work on your tribe/network/community because that’s how you accumulate a different type of wealth.
Consuming vs investing
* John taking friends out to action movie, buys soda and popcorn
* Jane takes coworkers out to business-related movie that someone mentioned, buys water
* They are both not expecting anything back from their group and just want to have a good time
The book explains (exaggerates for the point) that Jane didn’t just spend on Entertainment, she also contributed to a bunch of things that John didn’t. I can’t say I agree with this completely but here is the impact (p 17):
— health. Water is good for everyone vs (John) sugar makes people bounce off walls
— relationships. Respect what others care about vs (John) don’t see how he didn’t invest in this too since his friends like action movies as well
— career. Contribution to get involved in matters related to work vs (John) doesn’t impact his career directly (unless you can count on his friends’ network for that future role, which I think is pretty likely too)
— purpose. Enjoy contributing time to each other because it makes their lives more purposeful vs (John) I can see this applying as well… what if their purpose was to contribute to the laughter in his life??
— provide value. Discussion after the movie so everyone is sharing their ideas vs (John) now everyone is more in-the-know about pop culture
Investing = Spend value on other contexts of your life, outside the original context
True Wealth Discipline
Spend systematically – make every expense count for something more
Increase your value to others – see how you can help others with your skills or knowledge, so they will think of you in future when you need something
Improve your happiness exchange rate (more below)
True Wealth Asset
Adviser Equity – contributing your knowledge to others
Tribe – your community and close friends
Savings – “the money you risk (in the form of investing in yourself… should be in service of something that will improve you, further your purpose, as well as increase your income” Intro, p. 41