back to indexATHLLC2489325680
00:00:02.280 |
- Hello, and welcome to another episode of All The Hacks, 00:00:05.360 |
a show about upgrading your life, money, and travel. 00:00:09.400 |
and I've recently gotten a ton of questions from you, 00:00:22.760 |
to invite my friend and founder of Levels, Sam Korkos, 00:00:42.140 |
including one he's worked with for over 10 years, 00:00:47.640 |
a synchronous one-on-one direct conversation with her. 00:00:50.760 |
In addition to all that, Sam shares my passion 00:01:05.200 |
in all things delegation and focusing on what matters. 00:01:09.100 |
And if you noticed the length of this episode 00:01:24.360 |
I think you'll save more than that much time, 00:01:26.720 |
if not 10, 100, or even 1,000 times more time 00:01:30.540 |
by putting some of what you learn into place. 00:01:33.020 |
And to help with that, I worked with the team at Oceans, 00:01:39.440 |
to put together a guide that covers 10 tactical steps 00:01:47.180 |
to create a paradigm shift in the way you work. 00:01:50.000 |
It covers everything from changing your mindset 00:01:56.140 |
it's totally free, just go to the link in the show notes 00:02:02.920 |
Or if you're interested in getting an assistant, 00:02:08.980 |
you heard about it here, they will hook you up with a deal. 00:02:12.040 |
Okay, I am so excited for this conversation with Sam, 00:02:24.660 |
If not, definitely go back and give it a listen, 00:02:27.020 |
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on why delegation is actually important for really anyone. 00:03:41.420 |
- I think it's probably the most important skill 00:03:51.260 |
The amount of time that you have in your life is finite. 00:03:55.020 |
And so the only way at a certain point in your career 00:04:04.660 |
that can be contributed to a certain initiative. 00:04:06.660 |
So ultimately everyone who intends to reach some level 00:04:10.740 |
of success in their life needs to learn how to delegate. 00:04:13.500 |
That's probably the highest level explanation. 00:04:16.180 |
- The only pushback I'll give you is you said a leader 00:04:18.300 |
and guess we could think about leader more broadly. 00:04:24.340 |
for people who are running companies or managers. 00:04:27.680 |
And I would just say, you'll learn this soon enough, 00:04:33.640 |
because there are more responsibilities at home 00:04:36.220 |
and it can also become a really important skill 00:04:42.340 |
And if you expand the definition of leaders bright enough, 00:04:46.300 |
- Yeah, and it really depends on how abstract 00:04:48.380 |
we wanna go with this, but like in many ways, 00:04:50.820 |
you're delegating the labor of growing crops to a farmer 00:04:59.260 |
So it's just a little, you're already delegating 00:05:08.260 |
than what you would just be able to do by yourself 00:05:10.620 |
with limited capacity, you have to be able to learn 00:05:16.100 |
- It's funny, I was gonna ask you about some of the benefits 00:05:23.100 |
But how do you think, if you rewind and look at now, 00:05:27.740 |
becoming great at delegation benefits your life 00:05:33.420 |
Often when I'm coaching people that I work with 00:05:36.340 |
or talking to friends who are struggling with these things, 00:05:41.340 |
of trying to get people to measure their time, 00:05:45.700 |
to put things in their calendar and to measure their time, 00:05:48.900 |
I think the biggest reason why people don't want to do it 00:05:52.540 |
is that it really, there's an existential dread 00:06:00.180 |
it's like, I wanna go to India, I wanna go to the Bahamas, 00:06:08.620 |
And it's like, great, let's look at the rest of your life 00:06:13.420 |
And it looks like you get to pick four of those. 00:06:15.620 |
That can be a really unpleasant conversation. 00:06:24.500 |
and if you want to deliver on anything of value, 00:06:27.980 |
you have to figure out how to get better at delegating. 00:06:30.620 |
And it doesn't mean that you have to pick one thing 00:06:37.340 |
But if you wanna do something like build a piece of software 00:06:46.700 |
of you doing all of these things, like doing a podcast, 00:06:53.100 |
Some people hand off the editing, they delegate that. 00:06:55.780 |
Some people hand off the promotion, the distribution, 00:07:06.620 |
- And if we push in this kind of like product manager way 00:07:09.340 |
of the five whys, which I'm guessing you're familiar with, 00:07:12.140 |
it's like, well, you have more time, you can do more things, 00:07:15.300 |
Do you feel more fulfilled in how you spend your days? 00:07:26.260 |
is just learning how to better manage your energy. 00:07:46.820 |
And you can do some of those soul crushing things 00:07:49.380 |
for a little while, but eventually you burn out. 00:07:56.780 |
You choose to do things that you do not like to do. 00:08:25.780 |
because oftentimes the things that you find soul crushing 00:08:29.300 |
are things that somebody else actually really enjoys doing. 00:08:40.100 |
and just writing code for like 12 straight hours. 00:08:43.220 |
And there are people who look at that and say, 00:08:47.660 |
And then I look at what they do, which is, I don't know, sales. 00:08:51.460 |
It is like my worst life is doing sales calls." 00:09:22.500 |
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- Why do you think more people don't get good at this? 00:12:02.780 |
Why aren't more people doing it in their personal life 00:12:12.220 |
Just from personal experience talking to people 00:12:20.060 |
where they feel like they don't like doing this thing, 00:12:24.100 |
and so they assume nobody else likes doing this thing. 00:12:34.340 |
In fact, in my experience, it's very often not the case. 00:12:36.900 |
I think some of it also comes from a place of insecurity 00:12:43.420 |
to tell somebody else what to do with their time? 00:12:45.980 |
And eventually, you just have to get over that, 00:12:47.780 |
and you have to learn that the only way to get better 00:12:50.780 |
at how to achieve whatever it is you wanna achieve 00:13:13.640 |
but it is definitely the most important thing, 00:13:24.400 |
If it's not the thing that you're excited about, 00:13:31.940 |
eventually you'll be able to hire somebody to do it. 00:13:43.540 |
where I take one week off from communications, 00:13:51.860 |
to get pulled out of the hyperactive hive mind of work 00:14:03.940 |
of constantly churning and grinding and grinding, 00:14:15.780 |
and think about what your major priorities are 00:14:18.440 |
- I'm gonna go back through a few of the things you said. 00:14:20.140 |
So when you talked about the imposter syndrome, 00:14:31.900 |
And I think maybe the more we can normalize the fact 00:14:34.360 |
that we're delegating lots of things already, right? 00:14:38.840 |
someone has to restock that thing, order that thing. 00:14:41.400 |
So that was one thing that just made me realize, 00:14:59.280 |
I don't wanna be the one that tells my family and friends 00:15:16.540 |
hey, could my boss's daughter get into the appointment? 00:15:20.420 |
And I remember when I got to the pediatrician's office, 00:15:22.380 |
I was talking with the person there and I was like, 00:15:33.800 |
it was all in my head that it was not normal. 00:15:37.560 |
who've pawned me off to their EAs to like schedule a dinner. 00:15:40.680 |
There is a feeling when that happens of like, 00:15:44.020 |
Now you want me to work with this other person. 00:15:45.880 |
Any thoughts around that whole kind of attitude 00:15:50.680 |
- Some of it is just you have to get over it. 00:16:01.660 |
He has a meaningful amount of personal wealth. 00:16:11.880 |
you need somebody to help you manage your household, 00:16:18.240 |
And he said, I can't because my mom would judge me. 00:16:27.500 |
And I don't know what you do in that situation. 00:16:29.700 |
It is something that will hold him back for quite some time. 00:16:35.420 |
As soon as he does it, which he will do, it's inevitable 00:16:45.100 |
he's gonna wish that he did it five years earlier 00:16:47.640 |
because it's gonna free up so much of his time. 00:16:50.460 |
This laundry list of things that he wants to get done 00:17:03.020 |
But I don't see any other solution other than that. 00:17:14.040 |
and we'll get to how you could actually execute this, 00:17:16.200 |
hire an assistant, software, all these tools. 00:17:18.960 |
But I had experimented with single task delegation 00:17:28.260 |
I had pretty poor experiences trying to do that 00:17:37.720 |
I don't have enough to fill someone full-time, 00:17:45.140 |
And it felt like I didn't have enough work to justify it. 00:17:51.860 |
but also the common thing I hear people say is, 00:17:56.140 |
it'll free you up to spend your time on things 00:18:10.440 |
how do you think about the fact that people don't think 00:18:15.420 |
how do you think about the value of what you could do, 00:18:20.700 |
- Yeah, so there's several different branches from that. 00:18:24.340 |
I think one is that you probably have more things to do 00:18:47.500 |
I just don't feel like I have enough stuff for an EA to do. 00:18:50.660 |
And then he got one, freed up a ton of his time, 00:18:55.620 |
And so part of it is you have to just take the plunge 00:18:58.900 |
and see if there is enough work for somebody to do, 00:19:01.460 |
especially if you're in a meaningful leadership role, 00:19:13.540 |
where the EAs are trained to be more proactive. 00:19:18.900 |
They have a training program to teach the EAs 00:19:28.000 |
in finding ways to help you extend your leverage. 00:19:37.160 |
it's a lot more effort for you to have to learn 00:19:52.620 |
So I think that's one aspect is having the right pairing, 00:20:00.900 |
you can probably go with a less expensive option 00:20:03.260 |
and you can do a lot of the training yourself. 00:20:05.140 |
Another branch of this, of the not having enough to do, 00:20:15.240 |
I was talking to my brother about this very recently, 00:20:18.200 |
where I said, he has a lot of things he needs to delegate. 00:20:22.400 |
And he said, you should just try hiring a person 00:20:27.160 |
And he's like, yeah, but it's gonna be X dollars per year, 00:20:30.740 |
and then there's this, and then there's that. 00:20:32.480 |
Imagine, try to frame this as like a two week experiment. 00:20:44.420 |
a $5,000 experiment to see if you can delegate 00:20:51.540 |
The answer is, well, yeah, obviously, it's worth it. 00:20:56.940 |
if you view it as a lifelong, fairly expensive commitment, 00:21:08.940 |
So I think lowering that perceived risk threshold 00:21:12.500 |
- And that's something that I think happens to us 00:21:16.660 |
I talk to people about, oh, I wanna quit my job. 00:21:24.020 |
on your $100,000 a year until you do something else 00:21:28.580 |
if you think it'll take you three to six months, 00:21:34.180 |
And what's possible, and by the way, after tax, 00:21:36.540 |
maybe it's half that if you live in California. 00:21:38.380 |
And so it just kind of changes that perspective. 00:21:40.980 |
So I think that's a really helpful perspective. 00:21:43.420 |
And I've told a lot of people that now that I've done this, 00:21:46.380 |
I've been like, look, commit to, I say three months. 00:22:07.980 |
you discussed about not having too much to do, 00:22:10.340 |
my exercise I recommend people do is just for a week, 00:22:14.100 |
just write down every task that you could delegate 00:22:17.180 |
to someone who has built up enough context in your life. 00:22:22.500 |
you'll probably have a list that you're like, 00:22:26.060 |
- For sure, yeah, and it sacks up pretty quickly. 00:22:28.820 |
As you flex that muscle, this is, as I mentioned, 00:22:40.800 |
then you start to see opportunities all around you. 00:22:45.340 |
for the first time, and then suddenly you discover 00:22:47.640 |
all of these things that can be solved in software. 00:22:55.880 |
For software or a delegation? - No, no, for the delegation. 00:22:58.940 |
- I'll describe it maybe in the more abstract sense, 00:23:01.220 |
which is people often assume that much more context 00:23:09.100 |
So a recent example that I had is I have a CRM 00:23:13.840 |
where I keep track of all of my friends and people 00:23:36.540 |
Because really, I don't need that level of specificity. 00:23:38.980 |
It makes it much harder to figure out where people are. 00:23:44.700 |
'cause I know that I can delegate this to them, 00:23:46.660 |
where I said, "Anything that is not a major metro area, 00:23:54.220 |
'Cause that's probably where I'll be flying into. 00:23:56.180 |
And so they were able to handle that whole task. 00:24:04.300 |
so I'm gonna have to go through all of these myself 00:24:07.160 |
But if you come up with ways where you realize, 00:24:09.340 |
if I create these rules and these general heuristics, 00:24:23.340 |
of asking somebody to do something in parallel. 00:24:27.980 |
I totally stole this idea from Wiz, one of our investors, 00:24:34.300 |
custom Magic the Gathering cards for everyone on our team. 00:24:42.420 |
And so I spent maybe 15 minutes doing some demos 00:24:46.180 |
where I said, "All right, here's what I want you to do. 00:24:48.420 |
"Go through each person in the company directory, 00:24:52.240 |
"feed it into chat GPT with a prompt like this 00:24:54.860 |
"to get some sort of Magic the Gathering style, 00:25:00.600 |
"and have some abilities and some cool stuff there. 00:25:22.780 |
And I know enough about how to delegate that now, 00:25:28.300 |
I probably would have said, "This is way too hard. 00:25:33.720 |
"I wouldn't know how to use the proper language 00:25:43.420 |
but we have a veneer for both kind of work and personal, 00:25:52.500 |
Similarly, appreciate the training that I'm not doing, 00:25:56.500 |
the managing I'm not doing, and that kind of stuff. 00:25:59.040 |
But we had started putting together a task list 00:26:05.540 |
And it was interesting because she's based in Sri Lanka, 00:26:10.740 |
So she had about four hours of work before we ever met. 00:26:14.540 |
And I was like, "Oh, I can't wait to give context on this." 00:26:16.900 |
And so we put something in Notion that was just like, 00:26:28.860 |
And then we go to the first meeting and I was like, 00:26:30.380 |
"Oh, they already found five people in our general area 00:26:35.700 |
that can do patio staining 'cause you can search that." 00:26:48.380 |
- I totally agree that you think you need more context 00:26:55.620 |
But let's talk briefly about finding this person. 00:27:00.380 |
You mentioned the one you use, I mentioned the one I use. 00:27:02.460 |
We both seem to have great experiences there. 00:27:17.340 |
even though an agency might do some of it for you, 00:27:20.300 |
you still wanna find someone that's a good fit for you. 00:27:24.220 |
- I would say we generally just set very high expectations 00:27:34.260 |
I usually just tell them, "I'm not gonna do this. 00:27:40.820 |
"And if they don't work, then I'm gonna fire them." 00:27:49.240 |
When a friend of mine who was working at McKinsey 00:27:51.620 |
for a partner, and he wrote up a whole slide deck, 00:27:55.060 |
and the partner said, "All right, are you absolutely 00:28:01.500 |
And he made some adjustments, he improved it. 00:28:03.460 |
He's like, "All right, are you now absolutely confident?" 00:28:08.060 |
And he's like, "All right, are you absolutely confident 00:28:11.540 |
And he didn't even look at it, he just shipped it. 00:28:21.540 |
they're gonna know a lot more about the stuff than you will. 00:28:24.140 |
The worst case scenario is you just have to rematch 00:28:27.960 |
I would say, if you end up working with an individual, 00:28:30.840 |
the best way to do it is probably through real work tasks. 00:28:41.140 |
It's like, here are five tasks that I often do. 00:28:44.340 |
Here's a loom explaining what I need you to do, 00:28:49.660 |
it is remarkable how wrong some of them can be. 00:28:55.740 |
I would say the most basic thing that you're looking for 00:29:01.260 |
It's like, what I want you to do is download this thing, 00:29:09.060 |
And you just end up with something completely different. 00:29:10.620 |
It's like, okay, this is just not gonna work. 00:29:12.480 |
So at the most basic, ability to follow instructions, 00:29:26.500 |
I would say, if they follow those instructions 00:29:34.260 |
and maybe you hadn't thought of this as well, 00:29:37.820 |
because it's lowering that burden that you have 00:29:43.100 |
Like, as recently as today, one of my EAs said, 00:29:46.900 |
"Hey, I noticed I was doing this process for you, 00:29:48.860 |
but it's not really getting a lot of engagement. 00:30:03.840 |
but those are probably the two biggest ones I'd look for. 00:30:12.320 |
And this, we'll get to kind of cultural challenges, 00:30:15.160 |
but there are some people where you give a task 00:30:18.320 |
the kind of default answer is, "Well, let's just do it." 00:30:22.280 |
And then in some people's, the default answer is, 00:30:26.000 |
And I think for me, once we built up that expectation, 00:30:37.980 |
It reminds me of, there are some cultures in Asia 00:30:40.180 |
where you tell someone something and they'll just nod 00:30:44.300 |
It's like, that is not the best quality in an EA, 00:30:51.020 |
'cause I definitely hear the clarifying question thing. 00:30:59.100 |
is try to make it so that your clarifying questions, 00:31:03.900 |
If your clarifying question puts more work onto me, 00:31:08.200 |
So I don't know if you've had this experience, 00:31:09.880 |
but sometimes the clarifying question will be, 00:31:17.020 |
It's like, "Oh God, I've just spent 10 minutes 00:31:20.740 |
Versus, "It's unclear to me what this would be. 00:31:27.680 |
"I assume that what you mean by this is this other thing. 00:31:33.520 |
where the resolution is just me saying yes or no, 00:31:36.280 |
as opposed to putting the burden back onto me 00:31:40.900 |
where I have to think through all the different implications 00:31:49.480 |
I've had it as just a leader with employees as well. 00:31:54.420 |
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How have you thought about working with people 00:34:54.800 |
as kind of a few criteria when hiring someone? 00:34:58.280 |
- I think it totally depends on the tasks that you need. 00:35:03.720 |
my brother is looking for somebody to work with. 00:35:07.400 |
because almost all of the things that he needs 00:35:10.180 |
would need to be done by somebody who is in-person, 00:35:26.320 |
Just keeping the lights on, keeping the wheels turning, 00:35:29.160 |
making sure that I have clear visibility and reporting 00:35:32.100 |
on everything that's happening in the business. 00:35:34.420 |
And so that doesn't really need to be co-located. 00:35:37.840 |
It also really doesn't need to be in the same time zone. 00:35:40.760 |
I found that if you have no overlap on time zone, 00:35:47.880 |
but we still say the default time zone expectation 00:35:51.920 |
is America's, which is basically California to Brazil. 00:36:00.680 |
you need to be available for at least that part of the day. 00:36:05.360 |
so it turns out not to be particularly onerous, 00:36:12.120 |
I guess we need to take this at two in the morning 00:36:18.000 |
Otherwise, you end up running three different companies, 00:36:38.640 |
"and coordinating between them is a nightmare." 00:36:42.280 |
"I would just say, you can live wherever you want, 00:36:50.260 |
- I talked to a few companies when we hired REA. 00:36:54.020 |
I didn't realize that some of the decisions they made 00:37:01.980 |
But for example, they asked me two or three intakes, 00:37:05.500 |
and then said, "We think this person is the best for you." 00:37:10.580 |
- I didn't realize what I could have had to do. 00:37:13.960 |
"We think asynchronous and synchronous communication 00:37:29.820 |
I didn't realize the benefit at the beginning, 00:37:35.060 |
to have someone working when you're not working. 00:37:41.480 |
and they're done when you wake up in the morning. 00:37:48.300 |
'cause I have almost exactly the same time zone overlap 00:37:51.540 |
in terms of when we're live and when we're not. 00:37:54.100 |
And the advantage of rescheduling things in the morning 00:37:58.300 |
or canceling meetings or anything that would need to happen 00:38:13.380 |
that I thought was worth for some people hearing 00:38:22.820 |
There are companies that will help you find that person, 00:38:56.020 |
I've done that in the past and it's never fun, 00:39:06.020 |
who's trying this out for the first time, like I was, 00:39:15.300 |
People often evaluate opportunity cost as $0, 00:39:22.300 |
- Yeah, the things that I have now been able to do, 00:39:26.060 |
both in terms of free time and just other work projects 00:39:30.040 |
that have actually generated revenue is really incredible. 00:39:44.680 |
I know you've had multiple EAs and I asked myself, 00:39:48.560 |
and had two and split their work or had them be part-time? 00:40:00.560 |
Part of it is for a lot of people, like for me, 00:40:03.860 |
there's no line between what is work and what is not work. 00:40:11.080 |
it means I'm just going to be doing less work 00:40:15.360 |
There's no line of I only work X number of hours. 00:40:18.240 |
Any minute that I'm spending doing personal things 00:40:23.680 |
So that might change once we have kids, which is imminent, 00:40:29.800 |
- Well, the kids will be a personal thing you're doing 00:40:32.240 |
and you'll say, I want to spend time with my child 00:40:35.720 |
which will actually make the value of all of this 00:40:38.160 |
just so much higher because inherently you will lose time. 00:40:46.880 |
there's a lot of reasons you might lose time, 00:40:59.720 |
- We have some memos internally on how to think about this. 00:41:08.360 |
or more of their personal tasks to their EAs, 00:41:14.180 |
But it really depends a lot on what the task is 00:41:17.640 |
and who the person is and what their intent is. 00:41:37.400 |
in addition to all of their work responsibilities. 00:41:43.540 |
do those things and really lowered that cognitive load 00:41:56.540 |
is you use your work EA to run your side business 00:42:09.120 |
So like, well, if I didn't have my EA doing it, 00:42:18.660 |
and you have costs of labor associated with that, 00:42:23.160 |
You should just have your own team doing that. 00:42:25.520 |
Everything in the middle is a little bit fuzzy 00:42:27.560 |
and you just kind of have to use your judgment 00:42:40.060 |
Are we going to have better output from you because of that? 00:43:05.160 |
- And if you're someone who's working on your own 00:43:12.600 |
- I'm not actually sure how companies would feel 00:43:15.320 |
that don't provide EAs to someone hiring their own EA 00:43:25.860 |
I've talked to a lot of people about our experience, 00:43:45.520 |
I have not heard of anyone finding an EA directly 00:43:49.320 |
on their own, fully loaded for less than $1,000 a month. 00:43:57.440 |
more than four or $5,000 a month for someone remote. 00:44:02.120 |
And then in person, you could spend $10,000, $15,000. 00:44:05.800 |
So just for people who have some rough sense of that, 00:44:13.840 |
you could probably find a very talented person 00:44:25.320 |
that I think always sit on that kind of mental burden. 00:44:30.320 |
So it's like, "Oh, we're gonna go on a trip." 00:44:32.600 |
As soon as you book a trip, there's like a checklist. 00:44:35.760 |
It's like, "Okay, well now we have to notify the dog walker 00:44:46.840 |
just double check that our passports haven't expired 00:44:57.680 |
And so you could almost create this checklist 00:44:59.360 |
of every time we book a trip and then be like, 00:45:15.320 |
so that we can see them as a meal plan and cook them. 00:45:18.000 |
Like that is a thing someone anywhere in the world can do. 00:45:23.800 |
that's not the exact thing you would have picked yourself, 00:45:30.080 |
And then we experimented with a meal kit company 00:45:33.720 |
And it's just been like, "Oh, this is great." 00:45:35.840 |
Sometimes we forget to pick the meals and we're like, 00:45:42.080 |
there've just been like these countless research this, 00:45:49.600 |
call Delta because our flight was five hours late. 00:45:52.640 |
And I know that we need to get some compensation for this, 00:45:58.080 |
All of those have made it tremendously valuable. 00:46:03.760 |
who wrote this book called "Buy Back Your Time." 00:46:09.760 |
- It's focused a little bit more on business than personal, 00:46:15.360 |
which I have a couple of questions about things he does 00:46:23.440 |
Obviously, that's something you'd need someone local, 00:46:28.120 |
even if you don't have enough work or side hustle projects, 00:46:37.440 |
might unlock you to start that side hustle project, 00:46:43.520 |
Like there are things that might be not revenue generating, 00:46:46.720 |
but life fulfilling that all could make this super valuable, 00:46:52.640 |
And so in our case, it spreads the line of both, 00:46:58.880 |
like, "Well, maybe we need to, maybe we want to, 00:47:00.440 |
"and then how would we split them and how would we do that?" 00:47:02.040 |
That's a whole other topic, but I don't know. 00:47:23.600 |
and you'd really stand out in terms of where your peers are 00:47:28.520 |
But it does remind me of something from The Onion 00:47:35.920 |
and he outsourced his job to somebody in Minnesota. 00:47:41.240 |
and he had outsourced it to somebody in the Philippines, 00:47:43.440 |
and that person had outsourced it to somebody in Pakistan. 00:47:52.720 |
You can definitely get a lot of leverage out of it, 00:47:56.040 |
- Yeah, I would say, depending on the type of tasks, 00:48:01.640 |
before handing over their company's credentials 00:48:05.280 |
- Most companies would not be cool with that. 00:48:06.600 |
- Yes, but I could see a world where if you were in sales, 00:48:10.160 |
which, as you mentioned earlier, you wouldn't be, 00:48:15.920 |
"to help me source leads, to help me cold call," 00:48:19.360 |
Maybe you get the company to do it, but if not, 00:48:21.520 |
I could see, especially for people on commission, 00:48:25.520 |
it could very seriously pay for itself quickly. 00:48:32.880 |
One of the things that I think a lot of people are hesitant 00:49:08.680 |
Any person who has access to it is a security risk, 00:49:14.960 |
You want it to be as few people as humanly possible. 00:49:19.960 |
it's really gonna be a matter of your own personal risk. 00:49:24.800 |
there's a lot more recourse when you have, say, an agency, 00:49:29.240 |
Somebody from one of the agencies we've talked about, 00:49:31.760 |
it's unlikely that that person is going to copy 00:49:42.040 |
you're not gonna be able to find this person. 00:49:47.000 |
So that's one of the other risks you have to manage. 00:49:55.400 |
how much liability you take on just from driving. 00:49:59.320 |
and you don't have that liability when you're in an Uber. 00:50:02.200 |
And so pricing in, liability risk, insurance risk, 00:50:08.760 |
Uber's not as expensive as people think it is. 00:50:11.400 |
When you calculate all these different forms of exposure 00:50:15.840 |
So personally, I do give access to a lot of these things, 00:50:23.680 |
And I know people who are loathe to give access 00:50:27.320 |
to basically anything for exactly the same reason. 00:50:31.920 |
- I will say a few things I've picked up in giving access. 00:50:38.240 |
And so, you know, that's one way to share access 00:50:42.040 |
You could potentially give someone access to an account, 00:50:44.760 |
but not give them access to the two-factor code. 00:50:47.600 |
So you know when they're logging in, that's something. 00:51:03.800 |
but if you needed to, I don't know, send a wire transfer, 00:51:07.000 |
the confirmation is not gonna come through there. 00:51:13.160 |
so they have two factors coming into one number, 00:51:15.320 |
and they have regular things coming to another. 00:51:18.760 |
to your text messages without giving them access 00:51:24.320 |
Also, there are a lot of financial institutions 00:51:32.920 |
You could actually say like, oh, can I add a person? 00:51:34.720 |
Can I delegate information and give them only these rules? 00:51:38.160 |
Most business accounts already have this built in, 00:51:42.120 |
But when you can find one that does, that can be helpful. 00:51:48.560 |
if they could have a Wells Fargo business account, 00:51:52.320 |
because it had all these rules and these tools, 00:51:54.240 |
but it was like a much worse login, terrible app, 00:51:56.760 |
but they could set up these kind of procedures. 00:51:58.720 |
So that's some of the things I've thought about. 00:52:06.680 |
You can add an authorized user and set a credit limit. 00:52:09.280 |
So I think there are ways to mitigate some of these things, 00:52:16.520 |
I also have to weigh the risks of being able to have a life 00:52:25.040 |
People in general have a very hard time assessing risk 00:52:32.840 |
and you've never experienced some catastrophically 00:52:37.760 |
people really underestimate how dangerous driving is. 00:52:40.800 |
It's super dangerous, but we do it all the time. 00:52:43.600 |
And when you think about it in the abstract sense of like, 00:52:48.160 |
these multi-ton vehicles going at 70 miles an hour 00:52:52.360 |
past each other with like people with very little experience 00:52:55.760 |
driving while texting, you would say that should be illegal. 00:53:06.480 |
And so every day you're making risk calculations. 00:53:13.320 |
If that did, that would probably be really bad, 00:53:20.640 |
Did you check that all of these other aspects of your car 00:53:29.760 |
And so whatever that threshold is going to be for you, 00:53:32.280 |
you just have to figure out what you're comfortable with 00:53:41.760 |
there are still a lot of things that you could do 00:53:48.600 |
that I thought are really interesting on their website. 00:53:51.480 |
where it's just like ideas of things an EA could do. 00:53:59.240 |
He's like, I want to track people's birthdays 00:54:05.800 |
It's like, it unlocks not just things that they are doing 00:54:10.560 |
but it unlocks things that they wish they could do 00:54:16.400 |
that you never were doing before because of it. 00:54:19.480 |
It's less that they are things that I can't do myself. 00:54:23.000 |
It's more, I would not have been able to prioritize it 00:54:35.520 |
to making custom magic cards for everyone on the team. 00:54:40.120 |
But I could justify 15 minutes on the instructions for it. 00:54:46.360 |
And so there's a lot of those sorts of things 00:54:48.200 |
where I can't justify doing these things consistently. 00:54:51.680 |
Like another one, oftentimes when a friend has a baby, 00:54:55.000 |
I'll send them flowers, which is like a nice gesture. 00:54:58.040 |
And can I justify myself or all of my friends 00:55:09.120 |
I would probably have to spend 100 hours a year 00:55:15.800 |
But if I can lower that threshold to 30 minutes a year, 00:55:22.480 |
So that's what I mean when I talk about getting leverage 00:55:27.360 |
and you're able to do a lot more of the kinds of things 00:55:31.280 |
but it's just hard to justify relative to other priorities. 00:55:34.360 |
- Let's go a little deeper on how you onboard people 00:55:39.240 |
you gave the example earlier in how you could spend time 00:55:48.000 |
to make onboarding an EA or anyone that's helping you 00:55:51.640 |
on your team for that matter, more effective at doing them? 00:56:04.160 |
It allows you to capture it on content as well. 00:56:08.120 |
This is one of the struggles of where people delegate 00:56:11.600 |
in a more traditional sense, which is you have a phone call 00:56:21.880 |
they have forgotten what it is that you told them. 00:56:24.460 |
The nice thing about Loom is you can record it async 00:56:30.120 |
they can watch it at 2X, they can watch it again, 00:56:39.960 |
So solving this in content is really the best way 00:56:44.400 |
Other tools, I would say Voice Notes is a really good tool. 00:56:48.360 |
I often use Signal, they have a good Voice Note tool. 00:56:58.700 |
My brother actually uses it for an unrelated use case, 00:57:04.220 |
and then it immediately starts recording a Voice Note. 00:57:07.380 |
And you set it up where once you finish recording 00:57:10.180 |
the Voice Note, it emails it to whoever you specify. 00:57:13.060 |
And so if you have an EA, if it's people that you know, 00:57:19.260 |
you just record a Voice Note and then you press Done, 00:57:21.540 |
and then it just sends it to that email address. 00:57:27.780 |
is another very good tool for that same use case, 00:57:31.480 |
but layering in transcription and a little bit of AI. 00:57:37.000 |
that swear by it as the tool for that purpose. 00:57:42.160 |
Voice Notes are really helpful because the friction 00:57:46.860 |
of pulling out your phone, writing it out with your thumbs, 00:57:59.260 |
I've opened up my email and I've started typing, 00:58:01.700 |
I've already forgotten what it is I wanted to delegate. 00:58:05.980 |
"Hey, remember to send that thing to that person." 00:58:10.780 |
Or, "Hey, I just had a meeting with this person. 00:58:13.700 |
Please make sure to follow up with these three people 00:58:20.860 |
I'm convinced that the thoughts that we have are ephemeral. 00:58:27.620 |
that is the externalization of those thoughts. 00:58:33.860 |
And so the sooner you can get in these fleeting moments 00:58:37.300 |
of inspiration, the faster you can get them out of your head 00:58:40.260 |
and into some artifact that can be action, the better. 00:58:43.220 |
- One other tool that has been really interesting 00:58:54.020 |
and you can say, "Hey, I'm trying to prep an interview guide 00:58:59.980 |
And it feels like a conversation where the other person 00:59:03.180 |
is lagging behind you three seconds 'cause it has to think. 00:59:06.140 |
But I experimented with actually prepping an interview 00:59:10.860 |
And my only criticism is that you have to instruct it 00:59:14.580 |
not to give you too much feedback until the end maybe, 00:59:19.380 |
because they might say, "Oh, here's the guide again," 00:59:21.660 |
and read through it all and then read through it all. 00:59:23.660 |
But it synchronizes everything with the GPT website and app. 00:59:31.180 |
And I wish I knew the name for whatever, I don't know, 00:59:34.340 |
phenomenon, psychological principle, something is, 00:59:36.980 |
but it is sometimes much easier for many people 00:59:40.220 |
to get something out in a conversation than writing. 00:59:45.180 |
but you actually sometimes get a higher quality product. 00:59:47.940 |
And so I find that when I'm trying to struggle 00:59:50.540 |
to think about things, my wife and I all brainstorm 00:59:52.820 |
an idea together and I'm like, "Wow, I got a lot more 00:59:55.460 |
And sometimes she's like, "I didn't even say anything. 01:00:03.260 |
and audibly bring it out loud can generate something. 01:00:08.860 |
but I encourage people to check out GPT Voice 01:00:23.580 |
but I wanna make sure we give it a little bit more emphasis 01:00:25.660 |
'cause I've started using it for almost everything. 01:00:33.860 |
And so even if I'm not sure I wanna delegate it, 01:00:36.740 |
I'll be like, "Oh, I'm gonna go set up a new invoice. 01:00:39.700 |
Let me just record it and I'll go put it in a repository 01:00:48.160 |
I think you don't either, but at least there is a video. 01:00:50.660 |
If I ever wanted to tell someone how I book a flight, 01:00:58.860 |
had to have me talking with the video and the audio. 01:01:01.860 |
You can just make a video of you just working. 01:01:03.940 |
A part of me is like, "Should I just record my whole day?" 01:01:05.780 |
So that I could, you know, there's an app called Rewind 01:01:11.620 |
and you can actually go back and search through it. 01:01:13.660 |
And it's super interesting for cases of like, 01:01:22.140 |
And I don't think it's as easy to go back and clip a thing, 01:01:24.340 |
but it's kind of this idea of like always on. 01:01:27.840 |
if you haven't used Loom and you have any tasks 01:01:32.620 |
but also I use it to push back on synchronous meetings. 01:01:47.180 |
just like both people are in the meeting at the same time, 01:01:52.900 |
- I think it's unnecessary most of the time, yeah. 01:01:55.900 |
There are definitely use cases where it's really valuable 01:01:59.220 |
Like we can't do this podcast asynchronously. 01:02:03.040 |
But some of the things that I found that are really useful 01:02:08.580 |
I will often send them a Loom in response and say, 01:02:11.940 |
"Yeah, here's the answers to your questions." 01:02:24.620 |
as opposed to some scheduled time in the future, 01:02:33.100 |
So you can skip all the small talk of the conversation 01:02:41.820 |
I have found has reduced the number of meetings 01:02:46.640 |
Just 'cause a lot of times you just don't need 01:02:53.860 |
is clarifying that there's actually a purpose. 01:03:06.400 |
"Like right now I'm on a mission to get 12 episodes ahead 01:03:09.380 |
"just so that it feels like there could be a break. 01:03:14.620 |
If there's something you actually want to discuss, 01:03:24.660 |
where they're asleep, I'm trying to be quiet. 01:03:34.520 |
Sometimes there are interesting conversations 01:03:37.800 |
because the other person didn't really have an agenda 01:03:41.500 |
Many times that would have been a waste of time. 01:03:43.180 |
Sometimes it's not, and we should talk about that. 01:03:45.740 |
But I do think that oftentimes it reduces meetings 01:04:00.900 |
So if I get an email, it's like, "I'm too busy to meet." 01:04:05.880 |
But it's like, "I'm too busy to meet synchronously." 01:04:08.300 |
But if you want to record a video, I will get back to you. 01:04:10.780 |
So it just kind of makes the whole process easier. 01:04:14.220 |
But I do hate that sometimes I'm missing out. 01:04:17.380 |
- What I have found is that connecting on Zoom 01:04:26.780 |
"Hey, do you want to jump on a 30 minute call?" 01:04:31.700 |
unless there's a specific agenda of what we will discuss. 01:04:43.380 |
it's much more energizing to just be in person 01:04:48.920 |
Part of this is also I utterly lack discipline 01:04:52.180 |
and the ability to wake up at a reasonable hour. 01:05:12.420 |
they seem to wake up at four or five in the morning now. 01:05:20.260 |
It used to be the case that there was too much nuance 01:05:23.540 |
in my travel schedule that I've tried delegating 01:05:40.300 |
My entire travel schedule is fixed three months in advance, 01:05:51.180 |
But they don't necessarily need to be the flights 01:05:55.460 |
So I can see three months out or two months out, 01:06:09.020 |
So I would say that I have semi-automated my travel 01:06:26.900 |
and even my life from just having an amazing EA. 01:06:30.180 |
Thank you, Pasini, if you're listening, you are awesome. 01:06:42.140 |
and not only have they been awesome to work with 01:06:45.580 |
they also spent a bunch of time with me the last few weeks 01:06:49.100 |
to help me put together a very comprehensive 13-page guide 01:06:53.260 |
that lays out 10 tactical steps you need to take 01:06:56.320 |
before, during and after hiring your assistant 01:06:59.440 |
to really create a paradigm shift in the way you work. 01:07:02.320 |
It includes so much of what I've learned this year, 01:07:08.480 |
running a business in the space for the past few years too. 01:07:11.880 |
It's totally free, so if you wanna give it a read, 01:07:20.160 |
And if you wanna find yourself an amazing EA with Oceans, 01:07:31.200 |
and mentions All the Hacks $1,000 off their first month. 01:07:39.780 |
you get to a certain size and the cracks start to emerge. 01:07:43.120 |
Things that you used to do in a day are taking a week 01:07:50.540 |
If this is you, you should know these three numbers, 01:08:01.400 |
and I'm excited to partner with them for this episode. 01:08:04.020 |
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which I can tell you from all the companies I've run 01:08:42.920 |
So right now, download NetSuite's popular KPI checklist 01:08:46.920 |
designed to give you consistently excellent performance 01:09:12.400 |
I've found that you get to separate the decision 01:09:18.500 |
So it's like, well, the example I've used a lot is 01:09:23.640 |
and then we realized the home had appreciated. 01:09:28.040 |
I also would like to have the cheapest policy. 01:09:30.360 |
And so I mixed those two things together and said, 01:09:38.000 |
and it was like, let's get a policy that covers the house 01:09:41.720 |
And then I can decide whether I want to go through 01:09:43.560 |
the process of optimizing to save a little bit more. 01:09:45.960 |
So in your case, it's like, let's book a flight. 01:09:48.200 |
And then I can decide if it's worth trying to drill in 01:09:50.520 |
and find the best thing or just take the one that's booked. 01:09:56.360 |
let's just do the easy 80% of the thing I want, 01:10:11.760 |
- Yeah, and the reason why I wasn't able to delegate travel 01:10:14.920 |
as effectively before is that it used to be the case 01:10:19.800 |
if you book a flight, you're like signing a suicide pact. 01:10:23.200 |
You cannot cancel this flight or they will charge you $150, 01:10:29.320 |
Now there's no change fees, no cancellation fees, 01:10:31.980 |
no anything, and so the risk of booking a wrong flight 01:10:39.720 |
- Unless you're booking something obscurely international, 01:10:43.880 |
because a Kenya Airways credit might not be that useful 01:10:56.580 |
but I also know that having more relationships, 01:11:00.800 |
meeting more people is something you're interested in. 01:11:04.280 |
but how do you think about that entire project 01:11:16.760 |
and taking meetings that might be a waste of time, 01:11:19.340 |
but could turn into really powerful connections? 01:11:22.140 |
- It's something that really came from the recognition 01:11:28.140 |
have just come from people that are around me. 01:11:31.520 |
And very rarely is it actually something that I did. 01:11:39.200 |
There's a lot of spontaneity in these meetings. 01:11:41.880 |
There are often people that I don't know very much about, 01:11:50.320 |
but I think it's a really, it's a useful mindset 01:11:56.120 |
including every conversation with your Uber driver, 01:11:59.040 |
which is, "Every man is my superior in some way." 01:12:18.320 |
And so figuring out how to learn from other people 01:12:22.080 |
in any context, I think it's just, it's a skill to develop. 01:12:31.560 |
So I appreciate that aspect of meeting new people. 01:12:35.680 |
I would say I rarely come in with a specific agenda. 01:12:38.880 |
It's like something that I want out of a person, 01:12:41.400 |
but it is surprising how often unexpected value 01:12:53.040 |
that it just seems much too improbable to be random. 01:13:00.520 |
You're meeting with a random person you don't know. 01:13:10.000 |
He says he really doesn't like beige conversations. 01:13:42.120 |
is first you have to want to remember their names. 01:13:45.440 |
That's the secret, is you actually have to want to do it. 01:13:48.240 |
If you don't want to do it, you're not gonna do it. 01:13:53.240 |
is you have to want to find something interesting 01:14:00.360 |
And so if you learn about somebody's background, 01:14:03.440 |
where they're from, what they're struggling with, 01:14:10.360 |
and just the sooner you can get past that initial point 01:14:13.600 |
of just sort of a conversation that you could place in 01:14:20.520 |
the sooner you can really start to get value from those 01:14:26.960 |
would be this gratitude exercise you did to find them. 01:14:37.880 |
they recommended doing an exercise like this, 01:14:45.160 |
And well, I think I maybe listed a hundred things. 01:14:48.560 |
And what was so interesting when I was reflecting 01:15:00.840 |
that a lot of these great things and the people 01:15:10.600 |
and not for good reasons, just 'cause I kind of forgot. 01:15:16.960 |
And so where I think a lot of people go wrong, 01:15:26.160 |
I'm pretty confident that it's not a category 01:15:30.360 |
The main reason is when I talk to people about it, 01:15:35.500 |
is automate all of their personal relationships. 01:15:40.480 |
It really just obliges you to spend a lot more time 01:15:47.180 |
now you're spending 10 hours or 20 hours a week. 01:16:06.720 |
- Is there a tool you're using to keep track of it all? 01:16:09.360 |
You mentioned kind of the renaming of locations earlier. 01:16:12.040 |
- So honestly, I just use Airtable at this point. 01:16:23.800 |
I think it's called Peter Boyce is a People Person, 01:16:35.200 |
And so there's only a very limited subset of information 01:16:39.800 |
Human brains are pretty good at networked thought. 01:16:44.400 |
will eventually be solved by some of these new AI tools, 01:16:47.720 |
because they're much better at contextual networked thought 01:16:54.140 |
But having lists of people and lists of groups of people, 01:16:58.400 |
all of my friends who play board games in San Francisco, 01:17:03.460 |
Location, San Francisco, tag with board games. 01:17:09.840 |
that I want to stay in touch with on some regular basis, 01:17:19.380 |
And it's really not much more complicated than that. 01:17:25.680 |
I have a calendar block to just look through the list. 01:17:31.360 |
I just look at all the names and I go, oh, Nick. 01:17:47.640 |
And he's like, oh, just moved to San Francisco. 01:17:54.540 |
So just learning that practice of just looking 01:17:59.700 |
at coming up with connections of other people, things 01:18:03.040 |
that you're working on, and how it relates to those people 01:18:08.620 |
So I have a similar list, which I didn't even 01:18:12.100 |
is just I have a subset of my contacts on my phone. 01:18:18.100 |
And it's basically like if I'm driving or walking, 01:18:21.220 |
who are all the people that I want to regularly connect with? 01:18:28.020 |
and there was an app back in the day called eTax, which 01:18:31.300 |
actually, I think it was Howie Liu who might-- 01:18:35.440 |
But there's a small chance that the person who actually 01:18:37.740 |
started this company went on to start Airtable. 01:18:43.140 |
it would sync with your email, and it would sync with your AT&T 01:18:45.980 |
login, because pre-iMessage, all of your texts 01:18:52.860 |
but it would just know when you last emailed or texted 01:18:57.320 |
And the one thing that I want a CRM to do well-- 01:19:03.420 |
is just I want to find the people that I had let go. 01:19:06.540 |
And I don't know how many people are in your list, 01:19:11.140 |
Do you have a way to sort it by when you last talked to them? 01:19:13.580 |
And is it too much burden to keep that date up to date? 01:19:17.340 |
It is too much burden to keep that up to date 01:19:21.260 |
I had actually, in some of the previous versions of CRMs, 01:19:24.820 |
I had actually figured out a way to do a lot of those things. 01:19:28.660 |
So very tactically, the iMessage on your desktop 01:19:35.700 |
that you can hack into and get all that data. 01:19:37.980 |
So you can have a script that just figures out 01:19:40.500 |
when you contacted these people, syncs it with your CRM, 01:19:48.300 |
When you create an event, when you cancel an event, 01:19:53.460 |
So you can then see, oh, I had a calendar event 01:19:57.860 |
There's a lot of ways that you can do this stuff. 01:20:05.260 |
It was a lot of work, and it just didn't add a lot of value. 01:20:12.180 |
And one thing that I've heard you talk about before, 01:20:14.340 |
which changed my perspective on, I don't know, random meetings, 01:20:28.980 |
And then I heard you talk about why the opposite might actually 01:20:38.060 |
there's a term called network homophily, which 01:20:40.380 |
is how similar are all the people in your network. 01:20:43.780 |
And I don't want to say network homophily is a bad thing, 01:20:48.700 |
And you limit your exposure, and you end up in a dense network. 01:20:52.100 |
There's a concept called eigenvector centrality, which 01:20:55.020 |
is really this idea of it's not just how many people do you 01:20:58.380 |
know, but it's the second and third order effect of how many 01:21:02.660 |
If you're connected to all of these super connected people 01:21:09.900 |
You will likely be able to deliver a lot more value 01:21:16.220 |
as maybe a proxy for potential quality of the conversation. 01:21:29.100 |
Hopefully, I'll start doing these again in San Francisco, 01:21:40.580 |
So you start with a core group of four people. 01:21:43.620 |
And each of you invites somebody that you are confident nobody 01:21:48.820 |
And then you ask that person to invite somebody 01:21:51.860 |
that they think nobody else in the group will know. 01:21:54.780 |
And so you end up with 12 people, most of whom 01:22:07.420 |
to be a much more diverse and interesting group of people 01:22:12.260 |
than you would ordinarily have at a dinner party. 01:22:26.740 |
it is rare that you would host some sort of event 01:22:29.260 |
where you have a sculptor, a stand-up comedian, an investment 01:22:34.860 |
You just have this completely random eclectic mix 01:22:38.140 |
of people that would otherwise not have interacted. 01:22:50.100 |
Though I do fall in this new subset of once you have 01:22:53.700 |
need people who are willing to go to dinner at 530. 01:23:07.380 |
But for optimal communication and productivity and tools 01:23:12.180 |
and everything, let's talk about some of the other tools 01:23:14.740 |
you use to organize information, access it quickly, 01:23:25.660 |
for keeping track of documentation internally. 01:23:32.060 |
But there's the very simple version of there's a page, 01:23:35.300 |
And then there's the advanced version of Notion 01:23:40.660 |
Notion is a really flexible, very advanced tool. 01:23:44.740 |
If you go deep into the inner workings of Notion, 01:23:54.620 |
Every time I source a new deal, a favorite, a tweet, 01:24:07.780 |
My wife and I, we do a weekly family priorities 01:24:13.540 |
where we have a list of some of this just logistics, 01:24:21.740 |
bothered us during the week that we want to talk about. 01:24:31.780 |
I've gotten so many requests from people to explain-- 01:24:37.700 |
And I'm like, I don't even know where to start. 01:24:47.100 |
And it's like, you could go down these rabbit holes. 01:24:49.220 |
But at the highest level, you can combine everything 01:25:14.100 |
I know you have used Superhuman, are considering building 01:25:27.660 |
We'll start with the good things about email, 01:25:34.460 |
So we'll take Slack as a good opposite example. 01:25:37.900 |
Slack is effectively a superset of text messaging. 01:25:45.420 |
Anyone who's worked in a company that uses Slack, 01:25:50.860 |
and you come back to Slack, you feel hopelessly behind. 01:26:11.820 |
It's like, am I really going to be able to filter 01:26:14.700 |
through all of those to see if any of them are relevant? 01:26:18.700 |
You just end up muting them, and then they go away. 01:26:21.060 |
So the nice thing about email is that because it's threaded 01:26:24.340 |
and quantized, each idea is encapsulated in one item. 01:26:35.220 |
It's like, oh, I don't want to engage in this topic. 01:26:44.860 |
So the problem with email is that the signal to noise ratio 01:26:51.660 |
Partly because anyone can just send you an email. 01:26:54.580 |
I was actually talking to somebody about this very recently 01:26:56.460 |
that all of these marketing agencies with dashes 01:27:01.460 |
in their URL, like does anybody actually open those? 01:27:05.440 |
I cannot imagine that sending this much spam email 01:27:09.020 |
is delivering value for anybody, but it must be. 01:27:25.560 |
We have really tried a lot of different tools. 01:27:32.900 |
We're planning to externalize it, probably in Q1. 01:27:36.220 |
My hope is that it'll be a drop-in replacement 01:27:41.220 |
and really any other workplace communication tool 01:27:45.140 |
Almost all of these tools are designed by people 01:27:59.760 |
- Within email, one thing that I think has helped, 01:28:08.700 |
that you can process quickly, the less you dwell on it. 01:28:14.340 |
it's I open an email, I open it, I think about it. 01:28:18.500 |
And mine is like, first I'll just go through the inbox, 01:28:20.620 |
and I'll be like, what can I just quickly delete? 01:28:31.880 |
I know this breaks a lot of people's principles, 01:28:33.540 |
which is like only touch an email twice or once. 01:28:36.540 |
But I'm like, one pass, get rid of all the bad stuff 01:28:53.880 |
or be hidden to come back later and dealt with. 01:29:00.860 |
well, I don't need to be the productivity export, 01:29:06.540 |
or any tool like that that I'd have to pay for 01:29:10.720 |
I don't know how to say anything other than like, 01:29:19.380 |
Like there's so much data on how much more productive 01:29:23.660 |
people are using hotkeys, or keyboard shortcuts. 01:29:34.740 |
People automatically, with a very short period of training, 01:29:39.140 |
see something like a 10 to 40% increase in productivity 01:30:02.740 |
for why learning these is such a positive thing, 01:30:09.000 |
For very little effort, you get free productivity forever. 01:30:16.980 |
and I imagine everyone knows how to copy and paste. 01:30:20.900 |
- And like, take how simple copy and paste makes your life. 01:30:24.300 |
Instead of dragging your cursor up and clicking the icon, 01:30:36.460 |
and it will also greatly increase your productivity. 01:30:39.460 |
But I think at a bare minimum, email shortcuts, 01:30:50.780 |
but I think you can pretty quickly learn them, 01:31:01.380 |
just the number of people that I've witnessed 01:31:12.860 |
within an app, within windows outside of an app, 01:31:15.680 |
maybe Chrome, to be able to switch through tabs 01:31:23.180 |
which I know is something that you're familiar with. 01:31:30.140 |
- And the principle there, for people who don't know, 01:31:39.940 |
And if you don't wanna download an app and do this, 01:31:41.940 |
I actually use just the default Mac text replacement. 01:31:56.660 |
which I don't know if Text Expander works on your phone. 01:32:09.200 |
Or you can use Text Expander, which has more functionality. 01:32:16.300 |
I don't use the specific key shortcuts, like ch @. 01:32:21.300 |
I pretty much exclusively use it, the search functionality. 01:32:36.980 |
So you don't have to memorize nearly as many hotkeys. 01:32:40.360 |
- So I use Alfred instead of Text Expander for this. 01:32:43.120 |
And the thing I love is that it merges your snippets 01:32:51.000 |
I pull up anything I've ever copied and pasted 01:32:53.480 |
in the last, I don't know how long it goes, 30 days, 01:32:56.800 |
with a priority for anything that's a snippet. 01:33:00.280 |
So I find myself, and the clipboard functionality 01:33:10.700 |
and I can go in and I think it's option command C, 01:33:23.020 |
It's more about being able to have a database of things 01:33:35.220 |
So if you wanted to say like, here's a link to my website, 01:33:39.160 |
when you paste it, you could actually have the HTML in there. 01:33:50.120 |
and going down into their dock to open each app, 01:33:52.800 |
they do command space and you type the thing. 01:33:58.800 |
Instead of like going down, which of these 40 icons 01:34:04.940 |
And it really slows things down when you have to do that. 01:34:17.500 |
I'll put in the show notes that people have recommended. 01:34:21.940 |
I knew it had the word Ray in it as an alternative, 01:34:25.500 |
The one thing we didn't talk about in depth is calendaring. 01:34:29.420 |
And you mentioned earlier, like doing an audit, 01:34:33.360 |
I wanna talk about it because I think I'm terrible at it. 01:34:38.080 |
I was like, I'm great at Notion, I'm great at email, 01:34:42.440 |
If you look at my calendar, there's like four things on it. 01:34:51.720 |
How have you created discipline to use your calendar 01:35:08.520 |
as I wanna make sure that I am spending a lot of time 01:35:21.700 |
"You spent one hour doing this thing this whole month." 01:35:30.260 |
Because my stated priority is clearly not reflected 01:35:44.880 |
in the retroactively capturing what I'm doing. 01:35:48.000 |
And then I started proactively looking into the future 01:35:52.040 |
and projecting what I would be spending my time on. 01:36:06.560 |
of I need to know who to bill how much time for. 01:36:14.440 |
of how much time I was spending on each project. 01:36:17.120 |
And then I realized that I now have to project 01:36:23.080 |
And I would add those blocks into my calendar. 01:36:26.000 |
And I realized I can only support this many projects. 01:36:30.360 |
that I would approach it if you were to give it a shot. 01:36:32.860 |
- And are you naturally not a procrastinator? 01:36:38.160 |
Part of the answer is I create a lot of scaffolding 01:36:41.200 |
around how I spend my time and what my priorities are. 01:36:46.040 |
something I need to deliver by next Wednesday. 01:36:48.920 |
I'm not gonna put it on my calendar for tomorrow 01:36:58.080 |
And I think it's gonna take me about four hours. 01:37:08.320 |
'cause I have enough of these empirical records 01:37:13.080 |
is I'm just gonna not do it until Tuesday anyway. 01:37:17.760 |
Being able to project how you're spending your time, 01:37:21.280 |
it brings procrastination into much more focus. 01:37:25.140 |
Let's say you know you need to do this by Wednesday 01:37:28.080 |
and you say, yeah, I'll just deal with this later. 01:37:35.400 |
you don't have any time to do this between now and next week 01:37:39.640 |
you have to figure out how to move your calendar around 01:38:09.480 |
who as a company we owe money to sent me a bill, 01:38:14.640 |
And I was like, there should just be a system 01:38:16.560 |
where someone could, you know, when I work with vendors 01:38:22.640 |
and I send them our invoice and it gets paid. 01:38:25.640 |
So I was like, oh, I need something like that. 01:38:33.560 |
And it's like, ooh, I wanna go play with all the, 01:38:36.760 |
So to go back, I'm sure many people listening 01:38:42.920 |
researching accounting software to track accounts payable. 01:38:46.440 |
- Sounds like a really good pass to delegate to an EA. 01:38:49.520 |
- For you, for me, I was like, it was exciting. 01:38:57.840 |
And so I'm like, gosh, today I have to do this thing 01:39:02.560 |
I think maybe what I need to get better at is like, 01:39:09.280 |
It's about capturing the thing I'm exciting about 01:39:11.400 |
and putting it somewhere so that I know I get to do it. 01:39:16.360 |
If I was to show you my calendar now, you would see 01:39:19.120 |
there's two CSS properties that somehow I just missed 01:39:23.040 |
that they were released, which is I've been using Flexbox 01:39:28.800 |
Somehow I missed that, which is a really cool way 01:39:42.400 |
And I was super excited when I discovered this. 01:39:47.400 |
And I felt really motivated to do it at that exact moment. 01:40:00.200 |
which was like three days later, I put the links in there. 01:40:27.680 |
- Yeah, and I think where a lot of people struggle with this 01:40:29.360 |
and this is certainly where I used to struggle with this, 01:40:31.320 |
is that it feels like if you don't do it now, 01:40:37.560 |
and you're disciplined about sticking to your calendar, 01:40:57.740 |
which I think is a habit that sometimes I'm better 01:41:06.660 |
What I found was when I don't look at my email 01:41:12.960 |
Like that joy that you would get these little blips of, 01:41:15.600 |
instead of getting the little blips, you got a big one. 01:41:21.920 |
ooh, I'm kind of excited to go see what's in there 01:41:28.560 |
not coincidentally, the tool that we're building 01:41:35.320 |
So that even if you checked, you wouldn't see anything. 01:41:41.440 |
If you write out that you want to process email 01:41:52.000 |
but it'll hide it from you until that moment. 01:41:54.040 |
So you don't feel this urge to compulsively check. 01:41:56.640 |
There's a tool that I use that really inspired 01:42:08.420 |
And so you say, I want my email to be delivered to me 01:42:11.080 |
at one o'clock and five o'clock, and that's it. 01:42:16.600 |
about these things cognitively in terms of dopamine loops. 01:42:20.800 |
If you check your email and there's nothing there, 01:42:41.580 |
if you check it enough times and there's nothing new there, 01:42:45.700 |
And that compulsive behavioral trait just evaporates. 01:42:49.940 |
And you don't feel that compulsive need to check anymore. 01:42:52.420 |
The data on this stuff is really frightening. 01:42:57.060 |
and other workplace communications tools like email. 01:43:00.180 |
For knowledge workers, I think it was something like 01:43:03.300 |
60% of knowledge workers cannot go more than six minutes 01:43:10.020 |
I think it was almost half of knowledge workers 01:43:18.700 |
I cannot even fathom how people get work done, 01:43:24.920 |
- I regularly miss messages during the workday 01:43:29.680 |
'cause I have my phone set to go into work mode, 01:43:34.500 |
I do think that, and I don't know if you're building this 01:43:36.660 |
into your tool, there are probably a few things, 01:43:39.380 |
and I don't know how to figure out what they are 01:43:43.140 |
that it's like, I would like to know about that. 01:43:45.940 |
You could probably filter it on keyword or sender, 01:43:49.060 |
but there are some things that I do wanna know about. 01:43:51.220 |
And then there are some things like the worst is on Slack. 01:43:57.140 |
and if anyone listening knows a way, let me know, 01:43:59.540 |
a Google Drive integration that will notify you 01:44:04.380 |
of some things, which like I shared something to someone 01:44:06.820 |
and it wasn't shared and I meant to share it, 01:44:09.900 |
but I went and said, anyone can edit it in our org, 01:44:22.080 |
But then someone was editing a doc and every minute 01:44:24.300 |
I got a, "This person edited, this person edited." 01:44:29.820 |
I would love to see some ability to kind of filter out 01:44:32.580 |
that stuff, but let the, you missed a payment, 01:44:37.500 |
- The signal to noise problem in communications 01:44:57.500 |
Like if you let every spam marketer set the priority, 01:45:00.900 |
like everything, priority zero, interrupt him immediately. 01:45:09.840 |
But within your company, people are usually pretty good 01:45:12.780 |
about setting something to the right level of priority 01:45:17.660 |
It's one of the things that we were working on 01:45:19.200 |
is you can say this will become high priority on Wednesday 01:45:34.780 |
and I don't think any of these tools have solved it. 01:45:43.500 |
to go back to our earlier conversation, delegation 01:46:01.940 |
It would be interesting, this is maybe a question 01:46:10.940 |
if they view themselves as staffing agencies, that's fine. 01:46:14.340 |
But it would be interesting as this category evolves, 01:46:22.380 |
and the abstraction of having people and staff 01:46:26.440 |
is actually less important than the completion of tasks 01:46:35.000 |
loom of your workflow throughout the entire day. 01:46:38.080 |
And there's some AI process that analyzes that video 01:46:48.720 |
I accept this delegation forever at zero cost. 01:46:53.480 |
And I don't think we're that far away from it. 01:46:57.600 |
we have something that's fairly similar to that. 01:46:59.960 |
- Right now, my solution has been to get a good sense 01:47:17.720 |
at necessarily doing things, the execution of things, 01:47:45.760 |
- It didn't even cross my mind to take my blood labs 01:47:48.760 |
and put them into chat GPT and see what it said. 01:47:50.900 |
- And there's lots of use cases you'll find as a parent 01:47:55.960 |
because that's what my child wants to talk about. 01:47:59.600 |
But I've started trying to think about, okay, 01:48:05.300 |
And as these app stores and plugins get better and better 01:48:10.720 |
Right now I'm like, it's not as good at the doing 01:48:19.720 |
but I would say that is a tool that for the longest time 01:48:28.800 |
And then I adopt it and I've got all of these processes, 01:48:42.300 |
The voice note gets transcribed through whisper memos 01:48:45.180 |
or whisper notes and gets sent to a Zapier email, 01:48:51.620 |
And if one of these words is there, categorizes it 01:48:56.340 |
and loops in the right person and all of those things. 01:49:07.260 |
and realize there's just an infinite number of ways 01:49:12.700 |
Yeah, it's funny, the use of AI in a lot of these things 01:49:30.320 |
And we had, basically we discovered last week 01:49:33.340 |
that our live coding exercise no longer works 01:49:35.500 |
because CoPilot will just give you the answer. 01:49:38.720 |
So we weren't sure like, do we make him turn off CoPilot? 01:49:41.780 |
And I mentioned to the team, we just need to adapt. 01:50:02.380 |
So we had to move to a whiteboard to do this whole thing. 01:50:07.460 |
He's like, well, why are you sure that this executes? 01:50:16.460 |
And you just have to adapt and get used to the tools. 01:50:27.440 |
I'm legitimately double the productivity that I was before. 01:50:35.500 |
and the number of times I get stuck on things, 01:50:37.600 |
I'm legitimately producing twice as much as I was 01:50:54.680 |
We didn't talk at all about points and miles, 01:50:56.220 |
which we don't need to, but I'm a nerd about it. 01:50:58.060 |
And I was like, I want to be able to build a place 01:50:59.740 |
where we can filter and sort and look at signup bonuses 01:51:03.600 |
and reference a table of what points are worth 01:51:06.260 |
and determine how much it's worth and all this stuff. 01:51:09.100 |
And I literally built a site that does all of this. 01:51:11.700 |
And I am 100% sure it was well beyond the scope 01:51:17.920 |
because I feel like when it comes to writing JavaScript, 01:51:30.500 |
And then there's like 20% of the time where you're like, 01:51:34.600 |
you think that this tool will do the same thing every time. 01:51:44.500 |
And the same tool that couldn't solve it will solve it. 01:51:53.300 |
- I missed something. - No, I missed something. 01:51:59.380 |
- So we talked a lot about how tracking what you're doing, 01:52:03.540 |
I just briefly talked about putting biomarkers into GPT 01:52:20.020 |
can you just spend a few minutes and talk about 01:52:22.340 |
what you can learn from tracking your own health data 01:52:28.940 |
we show you how food affects your health using biosensors, 01:52:32.420 |
like a continuous glucose monitor I've went on here. 01:52:36.720 |
It shows you what your glucose levels are in real time 01:52:47.260 |
it's really just been more lifestyle focused. 01:52:52.580 |
it has allowed me to see what I'm eating throughout the day 01:52:56.540 |
and how that impacts my energy levels throughout the day 01:53:06.340 |
And you often uncover how many of those things 01:53:14.500 |
was discovering that my super healthy orange juice 01:53:17.500 |
and oatmeal breakfast was actually the source 01:53:27.820 |
and it was actually causing all of these problems. 01:53:29.980 |
So there's nothing like having ground truth data 01:53:41.540 |
And I think the one thing that was the most interesting 01:53:53.420 |
but a cinnamon roll doesn't really spike my glucose at all. 01:54:10.140 |
and both like interestingly and unfortunately, 01:54:15.740 |
if we wanna target similar behaviors in our body, 01:54:23.900 |
oh, if someone says this is a definitive health truth, 01:54:26.960 |
there are some, but there are also others that aren't. 01:54:33.020 |
We've only been able to measure these things in real time 01:54:44.420 |
It's the largest study of its kind with about 50,000 people 01:54:47.460 |
to just establish what normal glucose even is. 01:54:51.820 |
Which is hard to believe that we don't know that, 01:54:54.260 |
What's interesting about it is that there are so many things 01:55:01.040 |
And so much of it is still yet to be discovered. 01:55:04.220 |
We know that microbiome plays a huge role in this. 01:55:08.060 |
There's a lot of really cool studies out of Israel, 01:55:15.920 |
They can effectively replace their microbiome 01:55:19.220 |
And they're able to change how those mice respond 01:55:21.700 |
to different foods through microbiome transfers. 01:55:36.820 |
There are so many variables that can impact these things. 01:55:43.740 |
I think is gonna be a really interesting area of research 01:55:59.420 |
can actually change how your body processes food. 01:56:04.900 |
And so I guess that's a pitch for walking after you eat. 01:56:08.140 |
It doesn't have to be a lot of exercise, right? 01:56:11.140 |
You know, just like a short walk after eating, 01:56:14.760 |
has a measurable impact on how your body responds. 01:56:23.420 |
You've obviously optimized a lot of your work life, 01:56:41.940 |
So the first thing I do when I wake up in the morning, 01:56:44.660 |
I look at every meeting that I have throughout the day, 01:56:48.380 |
and I set an alarm for when my next action needs to be. 01:56:51.780 |
So if I have a 9 a.m. meeting, I set an alarm for 9 a.m. 01:56:55.340 |
If I have to leave for the airport at 6 p.m., 01:57:00.700 |
And it has allowed me to, for one, not miss meetings 01:57:18.820 |
the person's constantly checking their watch, 01:57:20.580 |
like what time is it, do I need to leave right now? 01:57:26.300 |
You don't have to carry that cognitive burden 01:57:28.740 |
of what if I'm late, how much time has elapsed, 01:57:34.780 |
And so I found that as a tool to just be able 01:57:41.100 |
I've relied on the Google Calendar reminders don't work. 01:57:45.020 |
I've actually, the interesting thing about Slack, 01:57:47.140 |
so a lot of people, it's like Slack is the worst thing ever. 01:57:59.460 |
And I'm not sure if there's a better tool for that, 01:58:04.500 |
And so the Google Calendar push to Slack as a DM, 01:58:11.060 |
and it sends me a reminder one minute before. 01:58:19.420 |
And the alarm kind of pushes outside of that. 01:58:22.100 |
- The thing about Slack or just communication tools broadly, 01:58:25.860 |
the fundamental problem that makes communication hard 01:58:34.980 |
So you have one person, two people, three people, 01:58:43.440 |
So the difference between 10 people and 100 people 01:58:46.980 |
is not 10 times more, it's like a thousand times more. 01:58:54.740 |
where you can no longer keep up with what's going on. 01:58:57.600 |
I've talked to some founders who scaled companies 01:59:00.260 |
and they say, "You have to treat every doubling 01:59:03.980 |
Because primarily this comes from communication pathways, 01:59:11.020 |
At a certain scale, you could spend all of your time, 01:59:20.020 |
And it would be really bad for company productivity, 01:59:24.300 |
That is how much communication is being generated. 01:59:29.420 |
and you have to figure out where that signal is. 01:59:37.120 |
and I really hope I'm not misattributing someone else, 01:59:50.540 |
And I think it's a principle I've tried to apply 01:59:54.820 |
It's like, "Oh, communication is kind of broken. 01:59:57.140 |
"Let's just assume we're not gonna keep doing it 02:00:01.400 |
"How do we tweak the thing we're doing a little bit?" 02:00:06.500 |
It's like, "Oh, if the way we do dinner isn't working, 02:00:11.660 |
"Let's see if we can outsource who picks our recipes 02:00:15.780 |
So I've tried to apply this business principle. 02:00:22.740 |
every time I hear you talk about these business ideas, 02:00:24.460 |
there's a personal application that I'm processing. 02:00:49.160 |
then I assume you also enjoyed this conversation 02:00:57.700 |
Again, if you want a copy of the delegation guide 02:01:07.740 |
or look into finding your own assistant with them, 02:01:14.380 |
and I'm pretty sure you'll get hooked up with a deal. 02:01:23.520 |
I wanna tell you about another podcast I love 02:01:36.940 |
And it's much more about building generational wealth 02:01:39.820 |
and spending your money on the things you value 02:01:42.040 |
than it is about clipping coupons to save a dollar. 02:01:46.900 |
who truly believes that everyone in this world 02:01:49.120 |
can build wealth and his passion and excitement 02:01:54.260 |
I know because I was a guest on the show in December, 2022, 02:02:00.140 |
where Andrew shared 16 money stats that will blow your mind. 02:02:03.620 |
And it was so crazy to learn things like 35% of millennials 02:02:07.300 |
are not participating in their employer's retirement plan. 02:02:10.420 |
And that's just one of the many fascinating stats he shared. 02:02:14.060 |
The Personal Finance Podcast has something for everyone. 02:02:16.740 |
It's filled with so many tips and tactics and hacks 02:02:19.420 |
to help you get better with your money and grow your wealth. 02:02:28.340 |
or wherever you listen to podcasts and enjoy.