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The New Year’s Question: Are You Starting Again…Again?

The New Year’s Question: Are You Starting Again…Again?


    Time in pubs with friends is rarely wasted. At the very least you get in a good chat with your friends, and at best you get a life-changing revelation. This one started out as the traditional:

    “If you knew then what you know now, would you do it again?”

    We worked on it and developed it and made it into something ‘more’. We made it into this question:

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    “Knowing what you know, would you start again from where you are — if you had the choice?”

    From that, we developed a whole process for deciding what to do next when it comes to the big ideas in life and so on. The idea is simple — and is particularly useful as we head into a brand new year…

    Step One: Value What You’ve Got

    Ask yourself a question: If some super-intelligent alien race arrived tonight and asked you what you’d got and you told them — and they did the same to everyone else, they’d probably have a pretty good idea of how much you had was worth in the grand scheme of things. The ‘alien bit’ is important because it implies that they have a complete understanding of what’s going on, but no emotional or sentimental attachment to things.

    What you get at the end of that is a notional value of, say, ‘X’ thousand pounds, dollars, euros, yen, smarties or whatever.

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    Step Two: Play or Fold

    This step is designed to make you think about your circumstances a bit. If they offered to take what you’d got and give you that fair valuation for it, would you take it?  Again, the fact that it’s an alien is important, because it’s important that the X thousand they give you is absolutely, objectively fair.

    If you’d take it, fine. If not, also fine. But not taking it implies there’s something above and beyond the economic value of your stuff. It implies that there’s an emotional attachement. Great. It means you believe in what you’re doing and it means you’re likely to be passionate about it. Good for you!

    Step Three: Starting Over

    Starting over is the most important one – and it assumes you were forced to sell to these strange aliens, whereas the previous step assumes you have a choice.

    If you got a fair amount of money for your stuff, what would you do with that money?  Would you buy back your own stuff?  Alternatively, knowing what you now know (which is different from what you knew when you first got your stuff, obviously – and critically) would you buy something different?

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    It’s all about ROI – return on investment. If you’re happy to buy back your own stuff (emotional attachment aside), it follows that you must believe your stuff represents the best portfolio of ‘stuff’ that you could have. On the other hand, if you think you can get a better return on your money, knowing now what you didn’t know when you first got that stuff, you shouldn’t buy back your own stuff. Instead you should buy different ‘stuff’.

    Step Four: Repeat the Repeating

    This idea of starting over (and over) is an interesting one. It’s probably possible to take it too far (daily? weekly?) but it probably has merit as the process for a monthly review – or perhaps an annual review of what you’ve done, not done or might do in the future.

    It’s an idea that encourages you to be honest — brutally honest — with where you are and what you should do next. Doing it regularly means you’re constantly assessing where you are and asking yourself if you’re making the best use of your resources.

    The Downside

    There’s always a downside, right?

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    The big one we found as we tossed this idea around is this – it doesn’t take account of the cost of change. Implicit in the alien’s approach is that it costs nothing to change from where you are to where you should be, objectively, and sometimes the cost of change is greater than the benefit of doing that. Cost, of course, can be measured in money, time, effort and energy, peace of mind and a host of other ways!

    So one last step is to ask yourself this:

    “If you think you should move to something else – is it worth the effort?”

    And if you’ve decided not to move, the question should be whether you’re using the cost of changing as an excuse.

    (Photo credit: Concept image of a signpost via Shutterstock)

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    Published on April 25, 2019

    How Creativity Can Help You Get Ahead in Life

    How Creativity Can Help You Get Ahead in Life

    Have you ever felt limited in your abilities to do something you really wanted to pursue? Maybe it was an ambition you had, or an idea to start something. Perhaps it was an opportunity that came your way, but you weren’t able to take it because something held you back.

    Often, we’re unable to progress towards our goals because such obstacles stand in the way. We let our limitations stop or overshadow our abilities to see through to a goal.

    Yet, there’s one thing that we rarely think of to use when trying to overcome limitations.

    Creativity.

    What is Creativity?

    When I say creativity, I’m not talking about an innate talent. Creativity is a much needed, but often neglected, skill that everyone has! It’s a skill with huge leverage that allows you to generate enormous amounts of value from relatively little input.

    Creativity at its heart, is being able to see things in a way that others cannot. It’s a skill that helps you find new perspectives to create new possibilities and solutions to different problems.

    Everything, including brilliant inventions, cannot come from nothing; it all derives from some sort of inspiration. Creativity works by connecting things together in order to derive new meaning or value.

    From this perspective, you can find creativity at play in many areas.

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    For example, Mark Zuckerburg rapidly became successful by taking the previously existing concept of social media, and combining it with an incredibly simple interface that appealed to a much wider audience. Uber and Lyft combined the idea of a traditional taxi service with an incredibly efficient smartphone app.

    Both of these examples connect different ideas, find common ground amongst the differences, and create a completely new idea out of them.

    That’s creativity in a nutshell, and anyone can improve theirs.

    Limitations are Actually Opportunities

    The advantage of using creativity, is to help you see limitations as opportunities. Take any limitation that you may find yourself facing, is there a way to look at things differently?

    Let me illustrate with an example.

    On the day of my son’s 5th birthday, my wife and I arranged a party for him at a children’s adventure park. His friends and family were all invited, and the plan was to have a long, fun day out to celebrate.

    However, the day didn’t go exactly as planned…

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    At Lifehack, we pride ourselves on a healthy work-life balance, so I wasn’t concerned about taking the day off to celebrate. But, on the big day, a call came through to my phone.

    It was a manager from Lifehack. He excitedly told me that a group of investors were quite interested in our business proposition, and were wanting to meet later that day.

    This was great news! A potential investment could be coming our way. But, I was already miles away from home and the office. Plus, it was my son’s birthday…

    I asked if I could call him back once we got settled into the park.

    To be honest, I was pretty certain I was not going to be able to make it. Asking to reschedule would be a risky request, but there was no way that I was going to miss my son’s party.

    My son could sense something was off, and he asked me what was wrong. So I let him know that I just received a call about a meeting today, but also told him not to worry as today was about celebrating his birthday.

    But like all kids, he continued questioning me…

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    “But daddy, is it important?”

    “No, of course not,” I bluffed.

    Then, with childlike intuition and creativity, he asked: “Can’t you just meet with them at the park?”

    And, then it struck me! This was the idea that I was missing.

    Even though my son didn’t quite understand that it would not be possible for the investors to meet me at the park, it made sense for me to simply do a video call!

    I could miss 25 minutes of the party to do a quick call while the rest of the party walked through the aquarium. And, in the end, that was exactly what happened.

    I called back my teammate and asked him to briefly explain to the investors why I couldn’t be there in person to meet, but would be happy to join via video. I took the call, and was able to spend the rest of the day at the park with my son.

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    Not only did my son enjoy his birthday, his simple idea led to a successful investment meeting that allowed us to get funding for a new project.

    This is where I was able to turn a limitation into an opportunity that enabled me to reach my success.

    Creativity is One Key to Success

    When you use your creative ability to turn your limitations and setbacks into opportunities, you’ll find doors opening for you in areas you may have never imagined.

    Remember, your attitude is also important when it comes to achieving a goal, and tackling a setback or problem. That’s because a positive attitude transforms not just your mental state, but your physical and emotional well being. It is the key to lasting total transformation.

    Check out this article to learn more about how you can tune your attitude towards positivity.

    So, the next time you’re feeling limited by your abilities, setbacks or challenges, don’t give up. Really look at the situation, and see how you can leverage on your creativity to find an alternative solution.

    Featured photo credit: Photo by William Iven on Unsplash via unsplash.com

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