Monday, July 16, 2012

Building a better system


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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