back to indexMy Honest Advice For Someone Who Wants Financial Freedom In 2025 | Cal Newport
Chapters
0:0 Money and the Deep Life
20:17 How can I tame my wandering mind when reading?
24:4 How should I schedule timeblocks as a real estate agent?
29:16 How can I improve my quarterly planning?
35:12 How can I balance intense motivation with finding inner peace?
42:20 How can a job seeker demonstrate actual productivity?
50:17 Trying to do more with a new born
57:1 A 39-year-old juggling school and work
69:34 Brain Rot
00:00:00.000 |
We don't talk a lot about money on this show, 00:00:10.240 |
when it comes to the goal of cultivating a deep life 00:00:18.400 |
on an idea that comes from my most recent book, 00:00:23.480 |
In fact, I'm going to even read a little segment 00:00:25.240 |
from this book and then we're going to analyze it 00:00:44.460 |
I am talking here about Paul Jarvis is his name. 00:00:49.280 |
All right, Jarvis studied computer science in college, 00:00:53.000 |
but also had a natural feel for visual design. 00:00:58.460 |
these two skills proved to be the perfect combination 00:01:00.680 |
for success in the emerging medium of website design. 00:01:04.500 |
Jarvis produced several eye-catching sites on his own, 00:01:08.760 |
Look, Jesse, I'm holding up the book so that it's visible. 00:01:20.220 |
Jarvis produced several eye-catching sites on his own, 00:01:30.300 |
He felt the normal pressure to grow a small business. 00:01:34.500 |
and more prestige, but even though his growing skills 00:01:37.100 |
would support this well-trod professional path, 00:01:41.900 |
"My wife and I had just had enough of the city," 00:02:08.620 |
when you're living in the woods of Vancouver Island 00:02:10.580 |
as there aren't that many opportunities to spend money. 00:02:13.340 |
When you're remote, there's nobody to do things for you, 00:02:15.780 |
so you just have to do a lot for yourself, Jarvis explained. 00:02:24.340 |
to keep his work responsibilities flexible and contained. 00:02:28.660 |
At first, he focused on freelance design contracts. 00:02:36.060 |
Eventually, tired of deadlines and client communication, 00:02:50.180 |
but first, let's all just get on the same page 00:02:53.020 |
about the way, on this show and in that book, 00:02:58.020 |
My approach is what I call lifestyle-centric planning, 00:03:01.620 |
which says instead of just pursuing a grand goal 00:03:17.420 |
lifestyle-centric planning says you should start 00:03:27.540 |
what it smells like, what your daily routine is like, 00:03:34.540 |
You then evaluate different concrete instantiations 00:03:37.500 |
of this lifestyle, so different concrete ways 00:03:39.440 |
you might seek a life that has more of these properties 00:03:50.280 |
Now, when evaluating potential instantiations 00:04:03.420 |
would this instantiation, so this particular concrete life, 00:04:13.740 |
is that asking how much a given instantiation 00:04:22.060 |
And the problem here is that it doesn't take into account 00:04:25.700 |
what's involved in acquiring those needed funds. 00:04:32.940 |
All right, let's say I'm a professor here in D.C., 00:04:36.660 |
and I decide I wanna move to rural Pennsylvania, 00:04:41.540 |
and I'm gonna homeschool my kids and live on a farm, 00:04:44.100 |
and right in a barn, and that's what I really wanna do. 00:04:49.420 |
so maybe my plan is, okay, but I can write from anywhere, 00:04:55.100 |
I'll be a freelance writer, and we'll live in the farm 00:05:10.280 |
I'm like, well, this is cheap compared to living in D.C. 00:05:12.420 |
Maybe this is like half the expense of living in D.C. 00:05:17.400 |
because it might turn out to earn that money, 00:05:25.740 |
doing freelance writing, I might have to work all the time. 00:05:28.740 |
In fact, my working hours might be even larger 00:05:38.720 |
is gonna get closer, that instantiation's gonna get closer 00:05:43.020 |
because this is actually based off a real story. 00:05:45.960 |
Imagine you're working, again, you're in D.C. 00:05:47.900 |
and you're working at, let's say, the home office here 00:05:53.660 |
So you're working for one of the big consulting firms 00:05:56.620 |
You get this idea, you have this ideal lifestyle vision 00:05:59.860 |
that involves more nature and slowness or whatever, 00:06:10.940 |
and you talk to your employer and they're like, 00:06:12.420 |
yeah, that's fine, because if you move over to this group, 00:06:15.780 |
the clients for this group are all around the country, 00:06:17.520 |
so it doesn't matter where you're based, right? 00:06:21.280 |
you're dealing with political government relations clients 00:06:24.680 |
They're like, you know what, if we move you over 00:06:25.720 |
to the energy group, these clients are all around, 00:06:31.280 |
So sure, if you wanna move to the upper peninsula, 00:06:44.200 |
'Cause again, almost certainly it will be cheaper 00:06:52.420 |
is now you have to travel to all these clients. 00:06:57.500 |
You're gonna have to take a puddle jumper to Detroit, 00:06:59.760 |
you're gonna have to take the longer flights, 00:07:01.460 |
and you're gonna actually be working way more 00:07:06.540 |
So the fact that the lifestyle instantiation's 00:07:17.960 |
I'm gonna argue it's what I call hour cost, H-O-U-R, cost. 00:07:22.960 |
What this stands for is how many hours of work per week 00:07:29.740 |
does a particular lifestyle instantiation require. 00:07:33.540 |
That's actually the financial metric you care about 00:07:39.400 |
When you use the hour cost in our prior examples, 00:07:43.300 |
I'm moving to the farm in rural Pennsylvania, 00:07:47.340 |
So maybe I'm gonna keep looking at other instantiations 00:07:50.820 |
because the whole point of me moving to the farm 00:07:52.460 |
is to spend more time outside and doing farm things, 00:07:54.980 |
being with my kids, so I need a lower hour cost. 00:07:58.720 |
if you evaluate the hour cost of our Michigan example. 00:08:01.940 |
You would say, man, the hour cost of my living, 00:08:12.740 |
to my ideal lifestyle if I'm gonna have much fewer, 00:08:15.500 |
many fewer minutes to actually take advantage of them? 00:08:30.140 |
doesn't actually make you work just as much, if not more. 00:08:35.140 |
which is what was demonstrated in the story of Paul Jarvis. 00:08:41.780 |
is that once you started thinking about hour cost, 00:08:46.620 |
to help evaluate different scenarios for your life, 00:08:57.460 |
is that as his skills got better, he had two choices. 00:09:02.460 |
The common choice was, I will make more money. 00:09:20.700 |
reduce the hour cost of living in Vancouver Island. 00:09:25.180 |
And if anything, it could actually increase the hour cost 00:09:43.140 |
I can bring the hour cost of that lifestyle down. 00:09:48.940 |
I'm going to work less to make the same money. 00:09:55.100 |
when all you think about is raw revenue, right? 00:10:01.560 |
you just begin trying to maximize that number 00:10:04.460 |
and now you're just in the singular grand goal theory. 00:10:08.060 |
I make enough to support this lifestyle instantiation, 00:10:19.620 |
what it's like on his property and the greenhouses he has 00:10:32.420 |
is that he brought the hour cost of this lifestyle down. 00:10:39.180 |
If you want to bring down the hour cost of your lifestyle, 00:10:45.820 |
You can also use your skills not to make more money, 00:10:58.940 |
that you might not have otherwise thought about. 00:11:01.060 |
You avoid traps, but you also find new opportunities 00:11:17.740 |
is this book I write to become the next "Atomic Habits." 00:11:33.460 |
It's wait, I'm really good now at web development. 00:11:40.580 |
cut my number of clients by a factor of four, 00:11:44.260 |
but I have a really high hourly rate, boom, I'm good. 00:11:59.060 |
"The Lost Art of Accomplishment Without Burnout." 00:12:08.460 |
You can get a free excerpt at calnewport.com/slow. 00:12:19.980 |
it requires hard work to do any interesting things here. 00:12:23.420 |
This is not a bypass around my maxim from my 2012 book, 00:12:32.980 |
Bringing down your hour cost is something you can do 00:12:36.340 |
It has to do with how you apply your career capital 00:12:40.580 |
It's when you make the choice as you get more talented 00:12:46.420 |
"I wanna do less work for the same amount of money. 00:12:52.580 |
Like it's using your skills to gain leverage. 00:12:57.220 |
but it helps you aim your skills in directions 00:13:01.940 |
if you were just using standard ways of thinking 00:13:24.100 |
is to look at ways in which our Paleolithic brain 00:13:31.180 |
and then come up with solutions to those disorders. 00:13:33.740 |
So how does this fit into that general theme? 00:13:38.860 |
One of the big disorders that comes from these mismatches 00:13:41.940 |
is that as work gets more digital and abstract, 00:13:44.580 |
so it's just moving information around on a computer screen. 00:13:48.500 |
It's not tangible. It's not connected to a location. 00:14:01.900 |
by algorithmically optimized distraction and diversion 00:14:06.100 |
life can turn into this relatively dull slurry 00:14:09.700 |
of just, I don't know, I'm manipulating the digital 00:14:20.900 |
or at least superpowered by our current digital conditions, 00:14:33.380 |
Our lives are too abstracted and screen-mediated 00:14:39.940 |
So that's why we talk about the deep life here, 00:14:51.980 |
we have to get much more systematic about lifestyle crafting 00:14:58.900 |
All right, so that's how we can connect things 00:15:00.540 |
like hour cost and lifestyle-centric planning 00:15:04.820 |
which is the disorders of the modern digital environment. 00:15:21.700 |
you always discover these things when you write 00:15:24.820 |
Hour cost kind of sounds like, oh, you are cost. 00:15:28.060 |
You don't necessarily, on paper, it's perfectly clear. 00:15:32.540 |
and I have this issue, like the word minimalism, 00:15:37.380 |
Actually kind of hard to say without practice, minimalism, 00:15:45.340 |
- What was the monster book before "Atomic Habits" 00:15:58.460 |
But I think "Subtle Art of Not Giving a Bleep Word" 00:16:33.980 |
- Your hour cost might go up if you move out there, though, 00:16:37.940 |
- I think the hour cost of, yeah, I would have to write, 00:16:41.060 |
if I do the math, like to live in Mark's house, 00:16:51.300 |
If we just do four episodes of this show a week, 00:16:54.540 |
and I write like four books a year, what's the problem? 00:17:05.460 |
I wanna talk about our longtime friends at Shopify. 00:17:09.180 |
Look, nobody does selling better than Shopify. 00:17:12.900 |
This is home of the number one checkout on the planet. 00:17:21.300 |
their shop pay technology boost conversions by up to 50%, 00:17:28.540 |
The people I know, I'm gonna say this very clearly, 00:17:46.200 |
It's like everything you want, high conversions. 00:17:49.580 |
So if you're selling things, this is a no-brainer. 00:17:52.100 |
I don't even know who the competitor would be 00:18:00.900 |
but they have great point-of-sale solutions as well. 00:18:02.700 |
If you're trying to sell something in person, 00:18:04.260 |
Shopify technology will be there for you as well. 00:18:07.920 |
So upgrade your business and get the same checkout 00:18:09.980 |
that basically everyone I know who sells online uses. 00:18:13.180 |
Sign up for a $1 per month trial period of Shopify 00:18:22.300 |
Go to Shopify.com/Deep to upgrade your selling today. 00:18:28.620 |
I also wanna talk about our friends at Mint Mobile. 00:18:33.980 |
Mint Mobile allows you to get wireless service 00:18:38.760 |
for 15 bucks a month when you buy a three-month plan. 00:18:44.880 |
If you talk to people who have made this switch, 00:18:46.900 |
they'll tell you the hardest part, logistically speaking, 00:18:50.400 |
is actually breaking up with their existing phone company. 00:18:59.720 |
To get started, you go to MintMobile.com/Deep. 00:19:06.980 |
There you'll see right now that all three-month plans 00:19:08.680 |
are only 15 bucks a month, including their unlimited plan. 00:19:16.880 |
You can use your own phone with any Mint Mobile plan 00:19:23.000 |
Find out how easy it is to switch to Mint Mobile 00:19:24.920 |
and get three months of premium wireless service 00:19:27.920 |
I'll tell you one thing I've been recommending to people. 00:19:31.960 |
so we know people with slightly older middle schoolers 00:19:33.840 |
who want their kids to have some sort of phone 00:19:43.880 |
They can call you or text you in an emergency, 00:19:46.480 |
but they can't look at pornography on YouTube 00:19:50.700 |
It's the easiest way to get a quick wireless account 00:19:52.620 |
set up for your kid, or you want a burner phone at home 00:19:59.280 |
Mint Mobile is there to get you cheap service. 00:20:03.440 |
and your new three-month premium wireless plan 00:20:19.640 |
New customers on first three-month plan only. 00:20:21.440 |
Speed slower above 40 gigabytes on the unlimited plan. 00:20:24.280 |
Additional taxes, fees, and restrictions apply. 00:20:37.360 |
my mind drifts off to something slightly relevant 00:20:47.480 |
and trying to cultivate his ability to focus? 00:20:55.760 |
my mind drifts off to something slightly relevant 00:21:01.600 |
that's the same, from a cognitive perspective, 00:21:13.400 |
You're gonna have to eat better, you're gonna have to exercise. 00:21:19.640 |
and you're doing the cognitive equivalent of smoking 00:21:32.180 |
Treat your phone like an old-fashioned hardwired landline 00:21:36.380 |
in one place in your house when you get home. 00:21:43.260 |
or do a text conversation, you go to where your phone is. 00:21:52.560 |
Use wireless headphones, but keep the phone wired. 00:21:56.800 |
it cannot become a default distraction crutch. 00:21:59.940 |
So you're watching TV or you're reading a book 00:22:06.820 |
And the friction of getting up and walking to another room 00:22:12.620 |
And in doing so, every time you overcome that urge 00:22:16.580 |
that's like doing another pushup in the physical space. 00:22:28.700 |
Start with books that you absolutely are fascinated by. 00:22:45.560 |
I've read three so far for Thriller December. 00:22:50.680 |
Just don't read "Eruption" by Michael Crichton. 00:22:58.360 |
But whatever it is, or maybe it's like romance fiction 00:23:14.360 |
So whatever makes that easier is gonna be better. 00:23:19.680 |
So read more, but start with stuff that you really like. 00:23:22.500 |
And then spend more time doing thinking walks 00:23:24.500 |
on a regular basis, go for a walk without a phone. 00:23:27.400 |
You have no choice, but to get used to your own head. 00:23:41.440 |
to tackle hard thoughts later in books, all right? 00:23:47.660 |
but start with fun ones and do thinking walks. 00:23:51.720 |
- The ghost writer for "The Agassi" was J.R. Moringa, right? 00:23:58.700 |
He wrote an article about it in "The New Yorker" 00:24:06.460 |
he also, the ghost writer for "Prince Harry's." 00:24:12.320 |
So he's good at capturing emotional realities. 00:24:30.260 |
I'm a real estate agent, receive calls, emails, 00:24:34.420 |
The faster I respond, the happier the client. 00:24:37.020 |
What is the best process to be effective in my work 00:24:39.540 |
if I still need time blocks for non-distracted work? 00:24:47.180 |
Funny story about real estate and distraction and deep work. 00:24:51.520 |
When I bought, when we bought our current house in like 2018, 00:24:59.200 |
I remember, because at some point when you're buying a house 00:25:09.140 |
And it's obviously for me that looks different 00:25:12.700 |
than most people because I make a lot of money 00:25:19.180 |
It's like, I just got this huge check the other day 00:25:32.880 |
After we handed in those financial disclosures, 00:25:35.460 |
then she began talking to me about how distracted she was 00:25:41.100 |
and what it's like being a real estate agent. 00:26:03.980 |
Or is this price, I'm thinking our price for the house 00:26:11.200 |
Because this is outside of like your normal cycle of work, 00:26:14.040 |
it's also something that you're gonna pretty much 00:26:15.860 |
be keeping track of on your own in your own head 00:26:19.300 |
So you kind of would just like an answer right away 00:26:21.580 |
so you don't have to worry about this anymore. 00:26:24.220 |
But you can solve their problem just as easily 00:26:26.260 |
if they have clarity about how they're gonna hear back 00:26:28.460 |
from you and how they're gonna get information. 00:26:30.100 |
And if they have clarity, they know what to expect 00:26:32.420 |
and you meet those expectations, they'll be just as happy. 00:26:40.500 |
because otherwise I don't know how long it's gonna take 00:26:46.700 |
But imagine instead you have like a really clear, 00:26:48.760 |
very optimistic forward policy where you say, 00:27:04.020 |
so you will, I guarantee you'll hear back from me 00:27:06.740 |
within two hours at the most when you text me. 00:27:12.940 |
because there's clarity about the policy here. 00:27:22.460 |
I can trust I'm gonna hear back from the agent 00:27:26.620 |
and I'm gonna hear back from the agent really soon, right? 00:27:34.700 |
I'm gonna hear from you in like an hour or so, that's fine. 00:27:42.860 |
And now you've built yourself like a nice system. 00:27:48.540 |
and I answer them all in one batch and I'm less distracted. 00:27:51.140 |
And in between I can work on the other things I'm doing 00:28:01.840 |
That is a fair tax to pay for reclaiming your attention. 00:28:06.440 |
For those of you who are not real estate agents, 00:28:11.700 |
or even a situation where you're dealing with a boss, 00:28:21.820 |
it's up to them to keep track of this in their head 00:28:24.340 |
So they'd rather you be as quick as possible. 00:28:31.260 |
This is when they don't do email in the morning. 00:28:35.420 |
I can just call them and I know they'll be there 00:28:38.060 |
You're solving their problem of I know what to do with this 00:28:46.460 |
or clarity that is often trumps accessibility. 00:28:49.720 |
That would be, actually, that'd be a bad shirt. 00:28:57.140 |
It could be like one of your Russian spy acronym. 00:29:11.660 |
it kind of seems like an anti-disability statement 00:29:38.820 |
and successfully emptied my mind into a digital tool. 00:29:45.300 |
as I'm so focused on getting things done week over week. 00:29:49.820 |
as it relates to my personal and professional life? 00:29:53.180 |
- Well, this can be the danger of getting things done 00:30:03.520 |
But I often argue that it's just one piece of many 00:30:17.220 |
It was an idea that David adapted from Dean Atchison, 00:30:32.940 |
do not keep track of obligations only in your head. 00:30:36.200 |
If it's only in your head, it's gonna generate stress 00:30:38.920 |
because your mind worries about forgetting it, 00:30:43.440 |
because your mind is so focused on not forgetting it 00:30:48.780 |
So everything you need to do needs to exist in a system 00:30:59.400 |
And that, I think, is the brilliance of Allen's system. 00:31:04.760 |
let me tell you now how to control your attention, 00:31:10.320 |
is basically have this list of things you need to do 00:31:15.240 |
organized by context, like places you might be, 00:31:18.940 |
and then whatever context you're currently in, 00:31:20.740 |
just pull up the list and start executing things. 00:31:23.960 |
And there's this real, he calls it mind-like water, 00:31:37.480 |
It was a way to reduce the stress generated by overload 00:31:40.600 |
that Allen was correctly pointing out in the early 2000s 00:31:48.100 |
and then smartphone computing revolution that followed. 00:31:50.840 |
That's not, however, a sufficiently advanced system 00:32:02.780 |
but you need to couple this with multi-scale planning. 00:32:07.240 |
about what to do with your time at multiple scales. 00:32:11.120 |
How does this influence my plan for the week? 00:32:16.000 |
How's that influence what I'm doing right now? 00:32:18.440 |
So you have this link of connections that expands in scope 00:32:22.720 |
has at least some sort of tangential connection 00:32:27.440 |
So you need something like time block planning in the day, 00:32:35.740 |
That combined with the full capture of David Allen's system 00:32:42.540 |
for sort of non-trivial complexity knowledge work today. 00:32:49.080 |
I wish it was the case you didn't have to do that 00:32:52.240 |
I'm jealous of the fact that him, for example, 00:33:03.200 |
and an email inbox and more than a few Zoom invites 00:33:07.020 |
this is sort of table stakes for not losing your sanity 00:33:11.720 |
So if you're struggling with your quarterly planning, 00:33:21.200 |
is more important than the content of those plans at first. 00:33:23.700 |
That will come if you build some sort of quarterly plan, 00:33:27.680 |
and it really could just be keep up with the big contract 00:33:35.320 |
and look at that quarterly plan when you do so. 00:33:41.120 |
The rhythm of working at multiple scales is what matters. 00:33:49.680 |
But if you don't have the full framework in place, 00:33:56.420 |
based on your context and you're somewhere else, 00:34:07.460 |
care about the mechanics at first more than the content, 00:34:10.460 |
and the content of those plans will improve with experience. 00:34:26.040 |
which is a good time to think about the winter quarter. 00:34:38.980 |
- And you have a personal and a professional one, right? 00:34:55.080 |
I'm combining the personal and the professional. 00:35:09.380 |
instead of quarterly plans, but in my strategic plan, 00:35:24.060 |
if I wanna have more, like a more detailed strategy 00:35:26.020 |
laid out for like our media empire or something like that. 00:35:31.980 |
but yeah, traditionally I've had a personal and professional. 00:35:43.340 |
The idea of achieving more constantly occupies my mind. 00:35:50.500 |
- Well, Sirtak, it's a common, it's a common issue. 00:36:00.100 |
for constructing a good life, the grand goal strategy. 00:36:06.700 |
you put all of your energy into mastering that thing, 00:36:10.420 |
and in that success, your life will become good. 00:36:28.340 |
So of course, your attention keeps coming back to this, 00:36:33.660 |
because you have set this up in your mind as the key, 00:36:37.820 |
the thing you were doing to make your life better. 00:36:40.700 |
What is the contrast, as we talked about in the deep dive, 00:36:45.460 |
where you say, what I wanna build is a vision 00:36:47.120 |
of my ideal lifestyle in all of its elements, 00:36:49.540 |
not just professional, but in all of its elements, 00:36:51.420 |
what is the general properties of my ideal lifestyle? 00:36:56.420 |
And then you work backwards, asking, how do I get there? 00:36:58.660 |
And you do that by coming up with different instantiations, 00:37:11.540 |
will be a big part of the instantiation that you care about. 00:37:16.680 |
Guys, I gotta take a phone call, so I'll be back. 00:37:26.200 |
if I took phone calls and checked social media 00:37:31.400 |
there's actually a reason why my phone is on. 00:37:33.320 |
I was expecting a call back from my doctor's office 00:37:38.080 |
I had it with me and on so that I could take that call 00:37:40.880 |
when it came, then I forgot I had it with me. 00:37:44.200 |
People don't know that in front of me right now 00:37:55.740 |
That's where the money is made, watching TikTok videos. 00:38:00.380 |
Now, going back, aviation will probably be a big part 00:38:14.520 |
But when you look at all of the properties of your lifestyle 00:38:18.040 |
or influence how that aviation career looks like 00:38:20.280 |
because of the other properties that are important to you, 00:38:26.040 |
Is it working your way up at one of the big airlines, 00:38:29.200 |
or is it doing some private jets, or is it doing, 00:38:36.440 |
even within the world of aviation in your career, 00:38:41.000 |
about the impact of your various paths to that career, 00:38:46.740 |
So lifestyle-centric planning is the approach. 00:38:49.180 |
Now, once you've done the lifestyle-centric planning, 00:38:54.900 |
A, you're just much more likely to pursue and enjoy 00:38:57.580 |
the other stuff that's part of that plan right away. 00:39:05.740 |
because they're part of what you want in your life, 00:39:16.680 |
just to work on this one thing because this one thing, 00:39:18.680 |
the aviation career, is just part of my bigger vision. 00:39:21.980 |
The other thing it does is it reduces this pressure 00:39:34.440 |
to implement the particular instantiation you care about 00:39:44.820 |
what the particular target you're aiming for in aviation 00:39:49.460 |
Once a quarter when you're doing your quarterly plan, 00:39:51.460 |
go back and review my process for working on this career, 00:39:55.120 |
like how I'm studying, how I'm training, how I'm trying to, 00:40:02.180 |
where I say my famous advice was to study like Darwin. 00:40:05.220 |
Always go back and evaluate all the things you're doing 00:40:20.060 |
is gonna keep me on track for my goals in aviation, 00:40:29.060 |
Then during the quarter itself, you can just execute. 00:40:46.220 |
Lifestyle-centric planning is really at the key 00:40:49.740 |
of navigating this tightrope that we talked about 00:40:53.300 |
in the in-depth episode, I guess it was last week. 00:40:59.460 |
Jesse, when was the in-depth episode with Kendra? 00:41:05.060 |
- Okay, so last week's in-depth interview episode 00:41:09.220 |
- But when they hear this, it's gonna be Monday. 00:41:11.760 |
- So two weeks ago. - So it'll be like 10 days ago. 00:41:15.380 |
10 days ago, the in-depth episode with Kendra Adachi. 00:41:18.780 |
Oh, we have another one of these coming out too. 00:41:22.740 |
- Yeah, we have another cool interview coming up. 00:41:27.180 |
because I'm looking at TikTok on my tablet right here. 00:41:31.340 |
and everything else and the pursuit of greatness 00:41:36.020 |
but also the other stuff that matters in life. 00:41:52.860 |
But when getting to this place in this career 00:41:57.380 |
for a lifestyle, you're much more likely to say, 00:41:59.380 |
well, I have a process I trust for getting there. 00:42:04.340 |
so let me go to enjoy something else tonight. 00:42:06.300 |
All right, so Sirtak, give lifestyle-centric planning 00:42:16.580 |
but you're gonna find something more sustainable. 00:42:24.900 |
that is related to my book, which I'll hold up 00:42:27.220 |
'cause I'm an awesome marketer, "Slow Productivity." 00:42:31.580 |
and we do it so that we can play this theme music. 00:42:44.140 |
What's our "Slow Productivity" question of the day? 00:42:46.820 |
I'm a product manager who was laid off in September. 00:42:54.420 |
how do I, as a job seeker, show actual productivity? 00:43:07.180 |
one of the Globe and Mail's best business books of 2024, 00:43:19.780 |
Pseudo productivity is the idea that visible activity 00:43:24.060 |
is a proxy, a reasonable proxy for useful effort. 00:43:28.940 |
actually manage for because it's too difficult 00:43:31.740 |
to manage in the moment for actual productivity. 00:43:36.360 |
The more activity I see you doing, the better. 00:43:41.020 |
why that became common and why it's actually also a disaster. 00:43:45.500 |
All right, but here's what's important about this question. 00:43:51.220 |
and Howard, I'm sorry to use you as like a cautionary tale, 00:43:58.000 |
every day of your current knowledge work job. 00:44:02.840 |
What you should ask is, is what I'm doing right now 00:44:10.260 |
Because this is the reality of pseudo productivity, 00:44:14.940 |
In, that's not how you say that, is that how you say that? 00:44:21.700 |
- I pronounced that, I pronounced that dead wrong. 00:44:40.480 |
No, oh my God, we're going down a rabbit hole now. 00:44:44.700 |
- Oh my God, we have to distract people from this 00:45:00.360 |
But here's what makes pseudoproductivity dangerous 00:45:05.220 |
it feels like what's giving you good attention. 00:45:17.660 |
like you're not even done sending your Slack message 00:45:24.900 |
In the moment, this feels like the most important thing 00:45:35.600 |
Pseudoproductivity doesn't actually directly create value. 00:45:42.260 |
if you say my average interval between inbox checks 00:45:51.140 |
I forced us, I was the employee that forced us 00:45:53.660 |
to have to upgrade our Zoom package, enterprise package, 00:46:01.220 |
because none of that directly produces value. 00:46:04.240 |
So that is what's dangerous about pseudoproductivity. 00:46:06.860 |
In the moment, it feels like the most important thing 00:46:10.060 |
but from a distance, it's meaningless, right? 00:46:15.540 |
So the stuff that is gonna make it easier for you 00:46:17.740 |
to get a job is less comfortable in the moment 00:46:21.300 |
because it's that I'm not answering this email right away. 00:46:26.620 |
so my active projects are much reduced at any one moment, 00:46:29.340 |
but I'm finishing stuff that has objective value, 00:46:32.060 |
the stuff I can put on my resume and talk about. 00:46:36.940 |
I innovated the way that we do this approach, 00:46:39.060 |
and it increased customer conversions by 15%. 00:46:43.060 |
when you're trying to get hired for your next job, 00:46:47.260 |
how quick you're on Slack, or how many Zoom meetings you do. 00:46:52.220 |
is that pseudo productivity is empty calories 00:47:00.340 |
but doesn't give you what you need in the long term. 00:47:02.740 |
All right, Howard, now that I'm done using you 00:47:04.140 |
as a cautionary tale, let's get to your actual question. 00:47:07.240 |
The key is to focus when you're trying to get hired 00:47:11.300 |
on concrete value that you're gonna add to their life. 00:47:14.300 |
There's this cool book written by Jeff Fox years ago, 00:47:23.940 |
"How to Win at College," which I pitched to Jeff's agent, 00:47:28.940 |
or no, it was Jeff, the editor who bought that book for Jeff 00:47:31.780 |
who became an agent, Lori, my longtime agent. 00:47:34.940 |
I said, "I wanna write 'How to Become a CEO,' 00:47:39.540 |
called "Don't Send a Resume" about getting hired, 00:47:43.620 |
that's more relevant to sales than other places, 00:47:45.540 |
but I think the core of the idea is critical. 00:47:50.380 |
"quantify how much money you're gonna bring in 00:47:55.300 |
"I'm gonna cost you this much money in salary. 00:48:01.780 |
"so by hiring me, you're getting this much money." 00:48:06.400 |
Now, in sales, you can actually do that calculation. 00:48:09.580 |
You can say, "I expect to bring in $3 million in sales 00:48:16.780 |
"so this is how much profit you're gonna make off. 00:48:18.980 |
"I'm gonna increase the bottom line by this much." 00:48:22.320 |
But you can hint at this in non-sales jobs as well 00:48:24.780 |
by focusing relentlessly on the things you can do 00:48:26.800 |
that directly brings in value to the company. 00:48:40.180 |
What matters is, does our bottom-line number, 00:48:48.540 |
We have to take away the expense of your salary? 00:48:50.940 |
Is the value you bring push us more to the other side? 00:49:01.800 |
Let's see, Howard is what, a product manager? 00:49:13.340 |
I can handle these types of projects, which you need. 00:49:19.660 |
I know how to manage those, so you can immediately expand 00:49:23.920 |
You know, I can expand this business you have on this side. 00:49:32.160 |
with these things get done because I use like 00:49:33.980 |
Newportonian non-overload style workload management. 00:49:40.460 |
when you're trying to get hired is how much more money 00:49:57.580 |
And it goes back again to the dangerous nature 00:49:59.500 |
of pseudoproductivity is that it feels so useful 00:50:02.660 |
in the moment, but it does nothing in the long term 00:50:11.480 |
that bigger principle about the real subtle danger 00:50:15.240 |
All right, should we play a theme music again? 00:50:21.900 |
- All right, sufficiently relaxed from insidious gate. 00:50:29.740 |
That's just how I'm gonna pronounce it from now on. 00:50:42.300 |
- Hey Kel, last time we chatted at your meetup 00:50:47.660 |
I mentioned that I had my first child on the way 00:50:51.260 |
Not gonna lie, it was a lot to handle at the start 00:50:53.460 |
and I even took your advice from an earlier episode 00:50:57.260 |
I actually took a month off work and business 00:51:01.380 |
Now that I'm back at work, how do I continue to work 00:51:12.180 |
which I've started to do as per slow productivity. 00:51:15.380 |
But I'll be honest, going this slow makes me feel 00:51:19.060 |
like I'm not moving at a fast enough pace that I'm used to. 00:51:22.220 |
And maybe I need to be more patient, I'm not sure. 00:52:03.860 |
the first four months is basically all hands on deck, right? 00:52:06.740 |
So first four months is kind of survival mode, scale back. 00:52:13.220 |
Like, I guess I have just stepped out of the world of work. 00:52:19.500 |
This is it, my life has changed, but four months is nothing. 00:52:45.140 |
sleep training is done, you have your childcare, 00:52:47.300 |
your childcare setup for the next couple of years 00:52:49.980 |
is kind of in place and you can begin to build like, 00:52:59.060 |
So that's why I think of that as like all hands on deck. 00:53:03.780 |
I do recommend, yeah, you scale back longer term, 00:53:11.380 |
But I think this helps people who struggle with this, 00:53:17.820 |
use this as an excuse to clean up what's going on. 00:53:20.960 |
So after you get out of that first all hands on deck period 00:53:29.500 |
Maybe this is a good time to say no more X, no more Y. 00:53:32.620 |
Like I wanna take this off my plate to focus more on this. 00:53:35.100 |
Maybe I wanna tighten up my processes a little bit more 00:53:41.620 |
or more predictable or a little bit less interruptive, 00:53:48.980 |
that most people go through with their working life 00:53:56.900 |
I have time, I'm around, I just wanna be useful. 00:54:04.680 |
I also care about me as well and how work affects me. 00:54:14.340 |
The other thing I recommend so that that ambition itch 00:54:20.080 |
doesn't turn into like an all-out metaphorical rash, 00:54:30.780 |
make sure you have a slow but steady project in there 00:54:59.220 |
or whatever's going on is I spend this like first hour 00:55:06.980 |
for two or three years from now of like mastering the skill 00:55:12.660 |
and this is gonna be a thing that's built off of. 00:55:14.160 |
So have this aspirational thing you're working on. 00:55:18.660 |
in a way that's gonna be much more sustainable 00:55:21.260 |
in this moment than just trying to take on lots of stuff. 00:55:30.060 |
All right, so let me put all this advice together. 00:55:31.980 |
First three to four months, all hands on deck. 00:55:33.620 |
It's okay, it's gonna go faster than you think. 00:55:45.400 |
That's like a completely different type of role 00:55:49.620 |
so you don't just feel like you're giving up business 00:56:00.420 |
by having a slow but steady, non-urgent but exciting project 00:56:04.780 |
Those things all together, that's the right way, 00:56:08.460 |
to go through this sort of period of new kiddom. 00:56:24.700 |
but don't extrapolate now is what your life is like. 00:56:28.460 |
Think ahead to four months, the four month mark 00:56:31.500 |
where we are gonna have our, we're back to a new routine. 00:56:35.460 |
And that new routine is gonna be different but sustainable. 00:56:48.540 |
Two other boys who were older that I was thinking, 00:56:55.100 |
And I know, I mean, COVID came, I don't, I just. 00:57:02.700 |
- Yeah, well, he was older then, he was older. 00:57:09.900 |
I was so busy with the other two kids by then 00:57:22.780 |
All right, got a call, oh, we have a case study. 00:57:25.740 |
All right, so case studies where people write in 00:57:27.900 |
to talk about how they have applied the type of ideas 00:57:29.820 |
we talked about on the show in their own life. 00:57:32.460 |
If you have a case study you wanna share on the air, 00:57:40.260 |
Sarah says, "I hope this message finds you well. 00:57:43.700 |
"My name is Sarah and I'm a commercial photographer 00:57:51.380 |
"the freedom of working for myself has its perks. 00:58:03.220 |
"or external structure, I fall into the habit 00:58:19.500 |
"With my current workload averaging just 15 hours a week, 00:58:31.700 |
"rather than actively shaping the life I want. 00:58:34.260 |
"I lack the discipline to work on my business 00:58:38.380 |
"and I know there's so much untapped potential. 00:58:43.580 |
"to pursue a degree in mental health counseling. 00:58:45.620 |
"I'm about halfway through my three-year program. 00:58:49.620 |
"and want to make a slow transition into this field. 00:58:56.020 |
"I can see myself running a private therapy practice 00:59:08.660 |
There are some positive things I want to say about this 00:59:31.860 |
Okay, being a commercial photographer might not work then, 00:59:38.900 |
I know several people my age are going through this now. 00:59:56.340 |
like an undergrad degree and a graduate degree, 01:00:08.180 |
you have a lifestyle right now where you're working 01:00:11.060 |
15 hours a week and showing that's a possibility, 01:00:16.500 |
and what your expenses are and if you're careful. 01:00:53.220 |
like in creating this business or making it longer. 01:01:06.100 |
in the framework of lifestyle-centric planning. 01:01:13.140 |
in this sort of decade that you're in right now. 01:01:30.340 |
And if so, I know exactly what I need out of this. 01:01:32.260 |
Let me talk to real people and see, is that possible? 01:16:41.940 |
So that's like the Andrew Tate reference, right? 01:16:59.140 |
Is that what, maybe that's what's going on here. 01:17:24.420 |
All right, we're going to invent our own term 01:17:38.740 |
The new thing Generation Alpha is to be Epsilon. 01:17:44.500 |
And what I'm really learning reading Reddit about this 01:17:50.180 |
This is like people fighting about Andrew Tate 01:18:07.620 |
yeah, it's going to be like a Christmas Eve episode. 01:18:27.300 |
I'm going to think of something interesting to do. 01:18:48.820 |
We'll be back next week with a crazy episode. 01:18:52.820 |
Hey, if you like today's discussion about our cost