The One Thing . . . and a favor

I just finished reading The One Thing by Gary Keller and Jay Papasan. It’s an excellent read and a great reminder of the importance of focusing on one thing at a time.

The One ThingThe subject of the book is a take-off on something Curly (played by Jack Palance)  said in the movie City Slickers. To win in life, you just have to know the “one thing”. And like all profound things, it’s easier said than done.

You first have to determine what the one thing is and then focus almost exclusively on that. And Keller and Papasan quite effectively devote the book to the why and the how of doing so.

So I have a favor to ask. I’m putting the finishing touches on a complete system for designing, creating, living and tracking your best life. It’s quite unique and I’m very excited about it. I think you will be, too.

And as we fine tune this system, I want to make sure I don’t leave anything out. So I would like to ask you, what ONE thing would you want to do, change or have to take your life from good to great?

What ONE THING do you think you would need to do, change or have to get you closer to living your best life? In other words, what do you need to be your best? Please comment below and I’ll be happy to share the results as well as make The Best Life Navigator™ even better than it is.

Thanks for your help.

PS: I’ve always liked this acronym of FOCUS: Follow One Course Until Successful.

Focus, concentration, productivity

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  1. October 2nd, 2014 at 05:48 | #1

    Michael, assuming I understood my response is straight to the point. I agree with you that the key is in FOCUS (it is not easy though) followed by finding people to the things that focus displaces off my to-do-list.

The Power of Synch

In my opinion, one of the greatest advancements in computer technology over the last few years has been the synchronization of data between devices.

Having our data in the cloud has certainly facilitated this, but it’s clear that our various devices and our applications are better designed to keep our data synched and up to date across multiple platforms. It’s a huge improvement over the way things used to be.

Many people have a computer, a tablet and a smart phone. I have just a notebook computer and a “phablet”—a large smart phone (Samsung Note II). And I use Google Drive as well as MS OneDrive to store most of my data. I love having access to all of my files from virtually anywhere.

And I really like updating my MS OneNote notebooks from my phone or my computer. Most of my life (at least the information in it) is now in OneNote (the best program Microsoft ever came up with).

Because I use Google Contacts, when I make an address or phone number change/addition in my phone, it immediately updates online. If I were to lose my phone, or get a new one, my 2,521 contacts would still be on Google Contacts. It’s the same thing with my calendar and my eMail. And my entire audio, video and Kindle library is available to me from my phone or computer using Google Play and Amazon Kindle.

Operating this way means that we have largely protected ourselves from a hard drive breakdown or lost-device disaster. That said, we still do a nightly backup for all the computers in our network using Mozy and FBackup.

Another place I noticed the “power of synch” was when we configure a new computer. It used to be that the biggest expense in buying a new computer was the day or two you spent getting the new machine configured and customized to your liking. But now, with many of your settings residing in the cloud, upgrading requires much less time.

Perhaps you’re already using some of the the power of synchronicity yourself. Good for you. But if you haven’t yet taken advantage of it, I encourage you to do so. It makes for more simplicity, ease and mobility.

Update Your Technology
If your computer is over two years old, you should definitely consider upgrading. Hardware and software advances mean that you’re working with antiquated systems. Maybe they’re not obsolete, but they’re certainly not optimal. Everything has gotten more compact, faster, easier to use—and less expensive.

For most of you, equipment and applications are tax deductible, so especially before year-end, you should consider getting some newer technology. With prices low, the increased efficiency should offer a quick return on investment.

  1. October 2nd, 2014 at 05:48 | #2

    Michael, assuming I understood my response is straight to the point. I agree with you that the key is in FOCUS (it is not easy though) followed by finding people to the things that focus displaces off my to-do-list.

Working for Money? Or “True Wealth”?

money123Real wealth isn’t about money. It’s actually about discretionary time.

This concept is something I’ve believed in for a long while. But I think it was Alan Weiss who articulated it in this particular fashion.

Almost all of us have had to work for money. And with that money, we’ve been able to buy things as well as pay for services and experiences. So it’s not really the money we want, it’s what that money can do for us. But even that doesn’t go far enough.

Here’s what I mean. The accumulation of a certain amount of money doesn’t really constitute true wealth. True wealth is having the freedom to do as we please with our life. It’s the time we have to live our lives in our own way that makes us rich.

And sure, it takes some money to do that. But rather than focus on accumulating a particular amount of money, I invite you to take a different approach. Because I’ve seen far too many people working very hard to create a portfolio only to die short of achieving it—or shortly thereafter.

Five years ago, we were looking at real estate in Florida. We’d only been in the new home we’d built in Vermont for a little over two years. But with real estate tanking in The Sunshine State and still fairly stable in the northeast, we decided to make the move. The result was a bigger, nicer home on a larger lot with many more amenities—not to mention a more attractive climate.

And that wasn’t all of it. After our move, we identified slightly over $4,000 a month in savings between Vermont and Florida. Everything except auto and homeowner’s insurance was less—with a good bunch of savings in taxes (Florida is one of 5 states with no state income tax). In actuality, the savings were even more than the $4K per month, when you consider that no federal income tax needed to be paid on that savings. In other words, we’d have to generate nearly $6,000 in income in order to have the equivalent of the $4,000 a month. We’re talking real savings here. Heck some people don’t MAKE $6K a month!

So why am I telling you this? Because it’s not about how much money you earn or how much money you have, it’s how much you get to keep. And more than that, it’s about how much freedom or discretionary time you have. That’s true wealth.

And I can assure you that you don’t have to make a million dollars a year to live a rich life.

You might say that you don’t have a business or work that allows you the flexibility to move to a less expensive part of the world. But you can do it. We positioned ourselves to do it. We were just able to do it a little sooner than we’d planned. Partly because we were focused on the freedom rather than the amount of money in an investment account. And mostly because we value our time more than we value money.

I encourage you to view true wealth as discretionary time rather than numbers and zeroes on a balance sheet. In the words of the great Ben Franklin, “Dost thou love life? Then do not squander time, for that is the stuff life is made of.”

If you would like to learn how to generate income doing what you love and what you’re good at doing, I invite you to explore our in-depth training program for creating a Lifestyle Business.

Click here to find out more . . .

This course will show you how to create your own low-cost, customized money machine—your way and on your terms—with no risk.

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  1. October 2nd, 2014 at 05:48 | #3

    Michael, assuming I understood my response is straight to the point. I agree with you that the key is in FOCUS (it is not easy though) followed by finding people to the things that focus displaces off my to-do-list.