Seven-Bullet Monday - September 12, 2022
Here is your Seven-Bullet Monday
1. A quote I am pondering:
“People who help others (with zero expectation) experience higher levels of fulfilment, live longer, and make more money.” ― Alex Hormozi
I love this quote, and if people would do it, how much better would this world be? Saying “How can I help?” with a smile on our face and genuineness in our hearts will draw many more people to us.
2. A question I am asking myself:
Why am I sometimes irritable, and how can I better manage that?
I am irritated by my frequent irritability (sic), and I’m trying to figure out why it happens so often and how I can better manage it. Unsurprisingly, it tends to surface in traffic, and I also have a few other “hot” buttons. Breathe a couple of times, keep my mouth shut, and be curious rather than frustrated – there are a couple of things for me to work on.
3. A book I am reading:
Surrounded by Idiots: The Four Types of Human Behavior and How to Effectively Communicate with Each in Business (and in Life) – Thomas Erikson
If you have difficulty understanding why other people are so different, this book could be for you. It explains the different personalities of people we communicate with at work, socially and at home, based on four personality types (Red, Blue, Green and Yellow). You will learn from the book how to listen to and talk to each of these different personalities. You will also learn what colour or combination of colours you are.
4. My favourite podcast this week:
We Study Billionaires – Inflation or Deflation with Jeff Booth
I found the interview with Jeff Booth very interesting because he outlined two theories: one on monetary policy-driven inflation, which is pretty conventional, and, secondly, his theory about rapid technological development being deflationary. He also reinforced the impact of exponential technological advances on society, especially Artificial Intelligence.
Spend time understanding Companies’ “Real Growth”, not “Projected Growth”
Growth projections make up a significant part of valuations, coming only behind actual earnings. And, because practically every public business is projecting some degree of growth, it is important for us to scrutinize management’s projections. Over the last two years, we have watched the rise and fall of many COVID-era businesses like Peleton. You should especially look at the competition to see how they are faring in the same markets and how that could impact the growth of the business you are considering.
6. My highlight this last week
Getting my boating licence and heading up the Indian Arm waterway near Vancouver
To celebrate six months of Leanne and I dating, I rented a speed boat to take us up the beautiful Indian Arm inlet just north of Vancouver. This also necessitated me getting my Pleasure Craft Operating Certificate so we could safely navigate the many large ships, other speed boats, sailboats and seaplanes operating in the same waterway. The safety learnings were great, the weather was sunny and warm, and we saw beautiful bays and waterfalls. It was a wonderful afternoon in so many ways.
7. My challenge to you for this week
Build an Exercise Plan That You Can Stick With
With the Fall soon to be here in the Northern Hemisphere, we will be outdoors less, which means less exercise options. So, to overcome some of the gloomy weather and Fall blues, we should plan out a robust weekly exercise plan that includes at least three sessions. Resistance training is ideal because it is indoors and one of the best things you can do for weight loss and longevity. It could be in a gym, at home, with weights, bands and equipment, or simply through bodyweight exercises. If you cannot walk or run, think about swimming as another fantastic low-impact cardio exercise.
Have a wonderful week