The end result from our life is that we want to be
able to do anything, whenever we want, within of course the framework of the
law. To that end, we must build something that allows us to gain a significant
amount of money while not using our time to obtain that money. Before we can
get to that point we need to build a variety of systems, each with its own
purpose, to further us towards that goal.
1. Physical
System
Firstly, we need to simplify our
surrounding environment. If we are going to build anything worthwhile to ourselves
or humanity, we need to make sure that we are not tripping over ourselves.
Throw away all the trash and various items strewn about your room. The next
thing to do is get rid of all of the things you haven’t used in a year. This
means everything in your room, clothes, sheets, books, everything. This means
either, donating, trashing or putting them in storage. The remaining items should
be things that you use on a daily or weekly basis. Once, only these critical
items are left we can build a system around them. (More complete guide in
coming weeks)
2. Information
System
The intake of information is a
tricky subject. While there are some very important things that can be learned,
not all information is equal in either content or relation to us. Once, again
we must eliminate all of the shit. In the end, the only things that we want to
be subscribed to are things that will immediately help us in whatever endeavor we
are undertaking. Watching/ reading the news in the end is not worthwhile. If
something is truly important, someone else will tell us about it. Most things
can be ignored. While we can not be blind to the world forever, if we do not
have the ability to change the world at the current moment, being informed of
its activities is not necessary. Elimination of subscriptions and auto updates
is perhaps the most efficient actions to take now. (More complete guide in
coming weeks)
3. Finance
System
If there is anything that truly
does not deserve our attention, it is our finance system. This should operate
smoothly and in the periphery. We don’t check the plumbing in our house, nor
the electrical unless there is something wrong. The same should be said for
almost any system we build. Thanks to the internet, our financial system can be
fully automated with direct deposits, automatic transfers, autopay and the
like. All of our checking, savings, retirement and credit accounts should work seamlessly
with each other all the time without any input from a human being. It should
warn us when something is in danger of not working or some level is too low but
otherwise leave it alone. (More complete guide in coming weeks)
4. Cash
Flow System
The point of the cash flow system
is merely to sustain us while we are building something else. To this end, it
should not be scaleable nor take very much of our time. It should generate about
$500 a week and take less than 15 hours of our time. The remaining time is then
put towards business development. The cash flow system is used to make sure we
are not wasting our time on a low paying job. There are a number of smaller
steps within the cash flow system to develop important skills that are useful
regardless of individual talents. (More complete guide in coming weeks)
5. Business
Development
This stage is ultimately what we
are shooting for. The development of your own business or in collaboration with
someone else should be rewarding and in line with your personal interesting.
Business Development can also mean building up yourself in terms of skills so
that you can increase several pay grades very quickly or skip entire levels. (More
complete guide in coming weeks)
Some overarching principles:
1. Eliminate
the unnecessary
2. Clean
each system (repairing/using each system should take no more than 10 mins each
day. Overall maintenance/use for all systems should be less than 30 mins)
3. Deflect
as much as possible (filters, automations, delegation and paying people to complete
the less important tasks.) This is incredibly important as you need to protect
your time as your ability to develop your business is entirely contingent on
how much time you have available.
4. Update/revise
each system at the beginning of the month (keep a notebook for how improvements
can be made but don’t act on them, unless they can be made in under 2 mins,
until the end of the month in one batch.
5. Batch
tasks together so that there is a familiar pattern to go through. Other than
the times when you do batches, you should be working on your business. Unbroken
attention for hours on end will garner the best results rather than checking
email, etc constantly
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