Category: Time

There Are Only 3 Ways to Live a Happy Life Cover

There Are Only 3 Ways to Live a Happy Life

Nik

What happens after you die?

In his book Sum, neuroscientist David Eagleman provides 40 different, often contradicting answers to that question — some harrowing, others hilarious. What if God allowed everyone into heaven, but then we’d all complain about being stuck there with one another, concluding it is, in fact, hell? What if God turns out to be a microbe, completely unaware humans even exist?

Maybe you’ll continue life in a world inhabited only by the people you already know or be forced to live each moment again, grouped by similarity. Four months of sitting on the toilet followed by three weeks of eating pizza, after which you’ll have 24 hours of nonstop stomach cramps before sleeping for 30 years straight.

Despite conjuring stories that happen exclusively in a place from which we can’t return, (and that we therefore know nothing about) Sum holds profound implications about what we might choose to do in the here and now. The mere idea of accidentally becoming a horse in your next life, realizing only in the last second how great it was to be human, could be the exact hoof kick you need to finally start writing your novel, for example.

Sum is Derek Sivers’ single-favorite book of all time. Whichever specific tale it may have been that spurred him into action, one day, he decided to write a book just like it, except he’d answer a different question — a question even more important than what’s beyond death, with even greater indications: While we are on this earth, how should we live?

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Sometimes, the Work Is Easier Than the Workaround Cover

Sometimes, the Work Is Easier Than the Workaround

Nik

When my favorite writer stopped writing, I decided to save all his articles, lest he delete them. I knew I could save them one by one in Evernote, but since he had published over 100 pieces, I thought there might be a way to avoid this tedium.

I asked a developer friend for help, and he referred me to another mutual friend of ours. I messaged that friend on Slack but didn’t get a response. A week later, I emailed him. A few more days went by, but then, he responded.

My friend suggested two scraping tools for the job. I started comparing their features and pricing. As it turned out, one tool would limit exports on a free trial, so I went with the other one. I downloaded it, installed it, and made an account.

The tool was pretty technical, so it took a while to grasp the basics. Eventually, I got it to load my favorite author’s index page, where all his stories were linked. Then, however, the tool required making complex workflows, and to top it all off, it only seemed to export to CSV, not PDF.

At this point, I finally decided the juice was no longer worth the squeeze. I sat down after lunch, sipped some coffee, cranked up the music, and went to work. One by one, I opened each article in a new tab, clicked the Evernote Web Clipper, chose the right output settings, and saved it.

Some pages took forever to load. Chrome groaned under the pressure. Evernote kept changing its settings, so I had to fiddle with them each time. After about an hour, however, I made it. There it was: My favorite author’s entire essay collection, preserved for future readings.

All in all, saving 100+ articles by hand was boring, tedious, and eye-roll inducing. I felt grumpy, annoyed, and frustrated at times. In short, it was exactly what you’d expect it to be. It was also, however, the 100% right thing to do — the shortest path to results, and thus the quickest way to satisfaction.

“Work smarter, not harder!” It’s a piece of advice cited like gospel in meetings, speeches, and job interviews. But how much time do you spend trying to out-smart the work? Isn’t thinking the hardest work of all? Thinking a lot without meaningful breakthroughs — there’s hardly a faster way to exhaustion.

Sometimes, it’s better to admit you’re not that good at it. Sometimes, the work is easier than the workaround.

“The long way is the shortcut,” says entrepreneur and author Seth Godin. When it comes to strategy, that’s easy-to-take advice. Of course you shouldn’t rush your novel, launch your business without a plan, or sell out your audience for a quick buck.

But what about tactics? What about the everyday chores life asks us to grind through? Here, we resist the high road for its seeming length when, often, it is not just the ethically sound but actually the shortest — albeit strenuous — path to success. That doesn’t make any sense.

This week, my year-long struggle with taxes came to a head: The government wants to see proper invoices, including names, addresses, and VAT charges. When you’re a German sole proprietor with strangers abroad buying your online courses based solely on an email address, however, that’s easier said than done.

I had spent months looking for a solution. I tried every accounting software, every table-formatting trick, and every bulk import tool I could find. In the end, what did it come down to? Me, sitting on a couch at WeWork, manually generating 400 invoices by hand to submit at the last minute — and you know what? Once I got started, it wasn’t that bad.

In fact, doing accounting — something I hate with a passion — the hard way, taught me several valuable lessons. For one, I learned that I can (still) focus on one task for five hours straight. For another, I realized that, despite hating it, I can take care of my books well enough for them to be presentable. Finally, and this is the big one, slicing through one tedious task gave me the courage to not shy away from another. I’m sure my article-saving stint had a similar, confidence-boosting effect.

We tell ourselves we’re being smart for avoiding the work, but the truth is that only applies in certain scenarios. When the work repeats endlessly, for example, or when it’s impossible to deliver it on time. If it’s a one-off project you are uniquely prepared to do well, however, wasting time on workarounds is a distraction. It’s a pseudo-justifiable symptom of what’s really going on under your skin: You are afraid.

You’re afraid of monotony, misery, and frustration. You’re afraid your ego might shatter when it catches you doing menial work. You’re afraid you might fail despite doing the right thing — what if you take the high road, the long road, and you still won’t reach your destination? You’re afraid you’re not cut out for the simplest solution. If you type the wrong thing on the invoice, there’s no software you can blame. Most of all, however, you’re afraid grinding it out will work. What if grunt work turns out to be smart? Terrifying! After all, there’d be no reason left to avoid it.

When he went skydiving, Will Smith learned that “the point of maximum danger is the point of minimum fear.” He had spent an entire day fretting, only to feel blissful and excited at the exact time when he had the most reason to worry — the moment he jumped out of the plane. He wondered: “Why were you scared in your bed the night before? What do you need that fear for?”

Now I don’t know much about extreme sports, but my recent bouts with banal tasks indicate Will’s lesson runs parallel to how we should approach our everyday jobs: “The point of maximum friction is the point of minimum fear.”

Once you get going, you’re going — and in the going lies peace of mind. Your unfounded worry disappears, and with each sigh-accompanied step, you’re accelerating towards your goal. It doesn’t matter if you walk slowly, if you think the work is beneath you, or whether you know someone else could have done it faster. What matters is you’re the one doing it, and you’re still here, so, ultimately, life can’t be that bad. It’s the kind of tangible proof no amount of thinking can conjure, and that’s why grunt work has value beyond its results.

There’s a scene in Game of Thrones where, after being taken in by a not-so-kind stranger, two members of the Night’s Watch, a once revered military order charged with protecting the world, are shoveling pig poop out of a latrine.

“When people talk about the Night’s Watch, they never mention the shoveling,” Grenn says. “Or the shit,” his friend Edd comments. “They tell you about honor, pardoning crimes, and protecting the realm, but shoveling really is most of it.” “And getting attacked, or killed, or worse.” “And that. But when you’re not getting attacked or killed, usually you’re shoveling.”

I haven’t watched all of Game of Thrones, but I doubt the fate of any one character in that show is preferable to whatever constitutes your everyday shoveling. Yes, work sucks sometimes. It’s not all collecting checks and after-work margaritas. Often, your biggest win of the day will be produced by shoveling a pile of shit — I mean, papers — from one side of your desk to the other. That may not be sexy, but it proves that, especially when we feel the most resistance towards it, shoveling is, usually, the right thing to do.

When an unpleasant task stares you in the face, do look for the obvious detour. But when there’s none to be found, don’t keep scouring the digital forest for hours. Let out a “pfff” if you must, but then, like Edd and Grenn, relent with humor to your immediate fate: “Ah, look. More shit. I was starting to wonder what to do with the rest of me day.”

Step up to your role in the small scheme of things, and before you know it, you’ll see: Small roles are not to be feared. They give us strength to star on bigger stages, and without them, the shoes of our heroes will always feel too big to fill. Work smart, sure, but remember that includes knowing when working hard is the smartest thing to do.

The Current of Life Cover

Are You Swimming With or Against the Current of Life?

Nik

In his book The Cafe on the Edge of the World, John Strelecky tells the story of a man in a hurry.

The man, a busy professional also named John, is stuck in a massive traffic jam en route to his much needed vacation. When he tries to circumvent the roadblock, he gets lost and, running out of fuel, energy, and growing ever hungrier, turns in to a cafe in the middle of nowhere — The Cafe of Questions.

Inside the cafe, John gets a delicious breakfast, but he is also confronted with a series of uncomfortable, oddly well-timed questions, such as “Why are you here?” “Do you fear death?” and “Are you fulfilled?” The waitress, cook, and fellow guests seem to be able to read his mind, and they all make him reflect deeply on the path in life he has chosen thus far.

At one point in the book, the waitress, Casey, sits down in John’s booth and tells him the story of the green sea turtle. She too was once on vacation, she says. Snorkeling off the coast of Hawaii, she spotted a green sea turtle right next to her in the water. This being the first time she ever saw one, she was excited and decided to follow the little guy for a while.

“To my surprise, although he appeared to be moving pretty slowly, sometimes paddling his flippers and other times just floating, I couldn’t keep up with him. I was wearing fins, which gave me propulsion power through the water, and didn’t have on a buoyancy vest or anything that would slow me down. Yet he kept moving farther from me, even though I was trying to keep up. After about ten minutes, he lost me. Tired, disappointed, and a little embarrassed I couldn’t keep up with a turtle, I turned back and snorkeled to shore.”

The next day, Casey returned to the same spot, and again, she found and tried to keep up with another green sea turtle. As she realized that turtle too was about to lose her, she stopped paddling and just floated in the water.

“As I was floating on the surface, I realized something: When the turtle was swimming, it linked its movements to the movements of the water. When a wave was coming at him, he would float, and paddle just enough to hold his position. When the pull of the wave was from behind him though, he’d paddle faster, so that he was using the movement of the water to his advantage. The turtle never fought the waves. Instead, he used them.”

Casey, on the other hand, had been paddling the whole time. This was easy enough when the tide was in her favor, but the more she fought the incoming waves, the less energy she had to capitalize on the outgoing ones later.

“As wave after wave came in and went out, I became more and more fatigued and less effective. Not the turtle though. He kept optimizing his movements with the movements of the water. That’s why he was able to swim faster than I could.”

If you’re like me — and John — at this point in the story, you’ll wonder: That’s great — but what does it have to do with me and my life? Actually, a whole lot, as Casey will explain in a second.

Have you ever felt like you’re fighting an uphill battle? As if for every two steps forward, life somehow pushes you one step back?

It happens to all of us. We do our best to fulfill our duties as responsible adults, and yet, it seems we must fight tooth and nail to make room for the few people and activities that are truly important to us. Why is that?

Well, as the green sea turtle might tell us: “You’re swimming against the current of life. Why don’t you try swimming with it?”

After Casey gives him some time to think about the story, John interprets it as follows:

“I think the turtle — the green sea turtle — taught you that if you aren’t in tune with what you want to do, you can waste your energy on lots of other things. Then, when opportunities come your way for what you do want, you might not have the time or strength to spend on them.”

Casey smiles, for she knows the power of grasping an important lesson out of one’s own thinking, and then she adds some more context to John’s insight:

“Each day, there are so many people trying to persuade you to spend your time and energy on them. Think about just your mail and email. If you were to participate in every activity, sale, and service offering you get notified of — you’d have no free time. And that’s just mail and email. Add on all the people who want to capture your attention for television time, online activities, places to eat, travel destinations…You can quickly find yourself living a life that’s just a compilation of what everyone else is doing, or what people want you to be doing.”

Casey then explains that since she observed the turtle moving effortlessly through the water, she has taken a new perspective on life: The incoming waves represent all the people, activities, and things that clamor for a share of her attention, time, or energy but don’t contribute to what she really wants to do in life. In essence, they block her from fulfilling her purpose. Meanwhile, the things and people that support Casey living in sync with her calling are like outgoing waves — they carry her towards her destiny.

That’s the lesson of the green sea turtle, and even though it’s a big one to swallow with his pancakes, John decides to chew on it for a while. I hope you will too.

When Casey leaves John to ponder her story, he asks her for pen and paper. On the back of his napkin, he calculates that if he spends 20 minutes a day flicking through unimportant mail for 60 years, that’s over 300 days of his life — almost an entire year, wasted on one incoming wave.

What about all the others? What about TV commercials, mindless radio listening, and people trying to network with him for their advancement? And those are just the distractions John didn’t choose. He too is human. He’ll distract himself as well along the way.

John is shocked. He tells Casey about his discovery. While she reminds him that not all mail is junk — and not all distractions are wasted time — she does admit:

“It can get you thinking. That’s why my time with the green sea turtle made such a big impact on me.”

When you feel like all you do is struggle, ask yourself: “Am I swimming with the current of life? Or am I desperately paddling against it?”

Do you focus too much on distractions? Are you allowing the wrong activities and people to take up your time? If so, it is no wonder every hour you spend on hobbies and friends you love feels like an hour you must mine from the hardest rock with your bare hands.

At the same time, for every distraction you ignore, one ally will look your way. Wait for the right wave, the right circumstances to arrive, and then ride it with everything you’ve got. If the knitted beanie trend is fading, maybe wait a year to start your knitting business. If a friend offers you a small book deal to tell a story you’ve always wanted to tell, go for it!

After years of high-paying but also highly stressful jobs, John Strelecky decided to finally fulfill his childhood dream of traveling the world. When he came back, he wrote the book he needed to read; he gave himself the message he needed to hear.

Since then, that message has been shared millions of times around the world: Don’t swim against the current of life. Focus on the right people, the right activities, and the right things. Only then will it carry you to your dreams.

It’s just one of many metaphors in his book, but I have no doubt that, somewhere on the edge of the world, a green sea turtle once taught Strelecky that lesson — and from that very same turtle, we can still learn to navigate the seas of life today.

Today Is Gonna Be Your Day Cover

Today Is Gonna Be Your Day

Nik

You wake up. You’re eight years old. It’s your birthday. How excited are you?

I’ll tell you how excited you are: Right now, your zest for life is an 11 out of 10. Heck, it might be a 15. I think you should live your life as if it’s your eighth birthday every day. At least once a week.

Psychologically, there’s no reason you can’t. That’s all life is. Psychology. Identifying, managing, changing your emotions — and then projecting what you have procured upon the world. Seriously. Try it.

Smash your alarm with the force of Thor’s hammer. Don’t roll over in bed. Jump out! JUMP! Try the 5 second rule: 5…4…3…2…1 — GO!

Play music. Pick a song that makes you feel unstoppable. Like this one. Or this one. Or this one. Blast it on repeat. Put on headphones. Don’t stop. You’re a train of joy, and you’re just leaving the station.

Brush your teeth. Wash your face. Open the window. Can you feel it? Can you feel the fresh air hijacking your life? Let it!

Make some coffee. Smell it. Realize what a privilege it is. Wonder about the origins of this miracle. Appreciate its journey. Isn’t it worth more than gold?

Speaking of which: If you want something shiny, look in the mirror. Why should the sun rise if you don’t? Make it! Let a smile radiate from your face. Post a selfie. Wave at the postman. Can you feel the warmth? I assure you they can.

Get dressed. Not in that lousy lounging equipment. Wear some actual pants man! Remember those? Go out with pants on. You won’t believe how empowered you’ll feel.

I guarantee you will strut. You’ll parade the sidewalk as if you own the whole block. It’ll be amazing. Fantastic. Bigly. See? When you’re eight years old, even Trump can make you laugh — for all you know is he talks funny.

Infect the world with your laughter. Laugh for no reason. Laugh while waiting at the traffic light. Grin to yourself like the Cheshire cat. For every one person who thinks you’re crazy, nine more will laugh too.

Buy the food you never buy because it’s $2 more than your average meal budget. Isn’t that stupid? Especially on your birthday. It’s $2! And you only have one life! Treat yourself. Make it count.

Learn a new skill. Stop watching piano covers. Buy an app! Get some sheet music. Press your first key. No eight-year-old worth their salt is content watching others. They must do. Try. Replicate. Playing a song feels ten times better than listening to one — and if listening is already that awesome, imagine how high playing will take you!

Take a break when you’re tired. Hell, take a nap! You can, you know? No one’s stopping you. When rested, you’ll spin our planet with twice the gumption. That’s what we need: A force like the one in Star Wars. Energy! A little divine inspiration; a strike of lightning that can come entirely from within if you want it.

Use it to start a new project. Or don’t. Be extra nice at work. Love your job twice as much. If you don’t, pretend you do for the day. Watch how it’ll transform how you feel about it. Has that lightning kicked in yet? Any lightbulbs flaring up?

This day — today — truly is yours, you know? Always has been. Always will be. There’s no one in your way. Look in the mirror. Step aside. There. Your biggest obstacle has fallen. Poof! Jokes on you! It was all in your head.

Don’t be the villain in your own story. You’re supposed to be the hero!

Life is not a sharp object you try to feel out in the dark. It’s Play-Doh. You can mold it however you want. Channel it! Take whatever wants to flow in, and then redirect it according to your desires. Don’t forget to hand out some to others. It’s more fun to play together.

I know it’s hard to remember sometimes, but if you search deep inside, I think you will find: Once upon a time, you were invincible — and just because you’ve grown up does not mean you can’t bring back that feeling.

Today is gonna be your day. I can feel it.

30 Lessons Learned in 30 Years of Life Cover

30 Lessons Learned in 30 Years of Life

Nik

Yesterday, I turned 30. When I was 18, I thought by 30, I’d have it made.

My 20s were a long, slow grind of realizing “made” does not exist. “Made” is past tense — but you’re never done! The only finish line is death, and, thankfully, most of us don’t see it until we’re almost there.

Instead of the binary made/not made distinction, I now see life as round-based. You win some, you lose some, and different rounds have different themes. There’s a carefree-childhood season, a teenager-trying-to-understand-society season, an exuberant-20-something season, and so on.

At 30 years old, I’ve only played a few seasons, but each round feels more interesting than the last. If that trend persists, I can’t imagine what one’s 60s or 90s must be like. By that time, you’ve seen so much — and yet, there’ll always be new things to see.

Most seasons last longer than a year, and there’s plenty to talk about with respect to the important, defining decade from 20 to 30 alone, but today, I’d like to do something different: I want to share one thing I’ve learned from each year I’ve been alive.

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The Rule of 70/20/10: Do Important Work or None at All Cover

The Rule of 70/20/10: Do Important Work or None at All

Nik

Ip Man, a Kung Fu movie about the legendary martial arts teacher of the same name, is rated a staggering eight out of 10 on IMDb and considered a cult classic among fans. The movie is almost two hours long, but if you skim through it, you’ll notice something: There’s not a lot of fighting.

Isn’t that what Kung Fu movies are about? Apparently not. You’ll see the master having tea, helping his friends, and struggling with everyday life. You’ll see him muse about politics, about war, and about philosophy. You’ll see Ip Man training and spending time with his family.

Why do people love this movie so much if, as it turns out, there are only three major fight scenes? They love it because each fight means something.

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You’ll Never Love Your Past as Much as You Love Your Future Cover

You’ll Never Love Your Past as Much as You Love Your Future

Nik

A 15-year-old’s greatest wish is to be 18, and yet, most 21-year-olds will say their 18-year-old selves were kind of dumb — even though both are just three years away from that age.

No matter how you change the numbers, this phenomenon will apply almost universally in one form or another.

When I was 8, I desperately wanted to be 10, like my neighbor who seemed so much stronger and smarter than I was at the time. When I was 10, I didn’t feel any different — maybe because I had no 8-year-old neighbor to compare myself to.

When I was 20, I thought by 30, I’d have life figured out. It was only at 23 that I looked around and wondered: “Why is nothing happening?” Nothing was happening because I wasn’t doing. I started right then, and, seven years later, I’m still going. I will turn 30 in two months, and now my 20-year-old self looks like an idiot.

I’m sure in my 30s, I’ll think my 40s will be much better, only to realize I’m still nearly as clueless about life at 45, yet not without that same patronizing smile back at my 30-year-old self that I now hold whenever I think of my early 20s.

Why is that? Why do we enjoy looking forward so much yet can only laugh and shake our heads when we look back? Well, in a nutshell: You’ll never love your past as much as you love your future. No one ever does.

In your future, the perfect version of you always exists. Everything is wide open. You feel as if you can achieve anything and everything, probably all at the same time. Your plans are intact. Your goals are in reach. Time is still flexible.

In your past, everything has already happened. There are no more pieces to be moved around. They’re all in place, and no matter whether you like the puzzle you’ve pieced together or not, you’ll always spot many places where you could have done better.

The perfect version of you never materialized. Most plans went to hell. Many goals fell out of reach. And time is just gone altogether. That can be demoralizing, but it’s just part of life.

Retirees don’t get as much satisfaction out of their past careers as college graduates expect from their future ones. Twenty-somethings don’t feel as autonomous as their teenage selves would have hoped to feel. Stressed moms don’t have it together as much as they believed they would before they gave birth.

This is a frustrating game you can play all your life — or you can realize that “all this looking back is messing with your neck.” At the end of the day, it matters not how well your past stacks up against your once imagined future. It only matters that you were content with the present as you lived through it.

At what age are we the happiest? That’s an impossible question, highlighted by the fact that you can find a theory for each major age bracket to back it as the answer.

There’s “the U-bend of life,” a theory that suggests happiness is high when we’re young, declines towards middle age, bottoms at 46 on average, then goes back up and reaches new heights in our 70s and 80s.

The idea is that family stress, worries about work, and anxiety about how our peers perceive us peak when we’re in the thick of life. As we get older, we care less about opinions and find contentment in what we have rather than what we hope to achieve.

When Lydia Sohn asked 90-somethings what they regretted most, however, she found the opposite: People were happiest when they were busy being the glue of their own social microcosmos — usually in their 40s.

Every single one of these 90-something-year-olds, all of whom are widowed, recalled a time when their spouses were still alive and their children were younger and living at home. As a busy young mom and working professional who fantasizes about the faraway, imagined pleasures of retirement, I responded, “But weren’t those the most stressful times of your lives?” Yes of course, they all agreed. But there was no doubt that those days were also the happiest.

At what age are we the happiest? It’s not only an impossible question, it’s an unnecessary one to ask. The answer will be different for every person to ever live, and our best guess is that it’ll be a stretch of days on which you felt fairly satisfied with life rather than a singular event or short period of exuberant bliss.

What we do know is that your best shot at stringing together a series of such “everything is good enough” days is neither to get lost in future castles in the sky nor to constantly commiserate how unlike those castles your past has become. You’ll have to abandon both the future and the past in favor of the present.

Imagine you have two choices: You can either be happy every day of your life but not remember a single one, or you can have an average, even unsatisfying life but die wholeheartedly believing you’re the happiest person in the world.

It matters not which one you choose because in both scenarios, you’ll die on a good day. One sacrifices the past, the other the future, but the present is what counts.

You’ll never love your past as much as you love your future, but that’s okay because life is neither about tomorrow nor about yesterday. It’s about today — and if you make today a good day with your thoughts, actions, and decisions, the idea of age will soon fade altogether.

The Meaning of Life Cover

The Meaning of Life

Nik

Why get out of bed if you don’t have to?

Why have a different breakfast than yesterday?

Why go to work when you could be fired?

Why take the train if you have a car?

Why say hello to someone you see every day?

Why stay late when your salary is fixed?

Why try sushi if you might not like it?

Why ask her out when she’ll likely say no?

Why read a book when you have a TV?

Why plan a vacation when it might not happen?

Why go out when it rains?

Why ask the doctor for his opinion?

Why write a diary if no one will read it?

Why celebrate when it’s just another day?

Why buy a new notebook when your old one’s not full?

Why finish today if you can do it tomorrow?

Why take a plane when it could crash?

Why make a video no one might watch?

Why call when he may not pick up?

Why try a new recipe when you know what she likes?

Why cook if you can just order?

Why write an op-ed when no one asked for your opinion?

Why work out when your tracker is broken?

Why play board games when your kids soon move out?

Why do it now when your idea is four months old?

Why sing if no one can hear it?

Why dance if no one will see?

Why kiss your wife when you’ll still be married tomorrow?

Why smile when wearing a mask?

Why think when each thought is fleeting?

Why laugh when no one gets the joke?

Why repair a car that keeps breaking?

Why protest if you’re the only one with objections?

Why make a sign nobody may read?

Why hold her hand if she’ll forget your name?

Why send a letter that may get lost in the mail?

Why catch a fish if you’re planning to release it?

Why compete when you’re unlikely to win?

Why help the customer after hours?

Why pay extra to change the color?

Why make a deal with nothing to gain?

Why keep the shares when they’re losing money?

Why hold on to old photographs?

Why remember what’s not on the test?

Why do it if your boss said no?

Why hit send when you’re afraid of the response?

Why propose an idea they might laugh at?

Why quit a safe job to start your own business?

Why suggest a law most people won’t like?

Why give a speech when no one might listen?

Why plant a tree whose shade you won’t sit in?

Because life is about taking chances.

If You're a Time Billionaire, Don't Worry About Not Being a Real One Cover

If You’re a Time Billionaire, Don’t Worry About Not Being a Real One

Nik

Would you rather have a billion dollars or a billion seconds?

If something takes you a million seconds to do, that’s about 12 days. If you need a billion seconds, however, that’s 31 years — not counting sleep.

Equating seconds to dollars, a billion dollars is worth 31 years of your time. Would you make that trade?

In his daily newsletter to 93,000 investors, Anthony “Pomp” Pompliano shared similar musings this week. A reader asked him: “If you could switch places with Warren Buffett, would you do it? You’d be one of earth’s richest people — but you’d be 90 years old.” In the money, yet out of time.

If you’re in your 20s, you’re a time multi-billionaire. You likely have more than two billion seconds left. If you’re 50, you could still be a time billionaire. How much would Warren Buffett give to get back those seconds?

“The time billionaires are the wealthiest among us, yet they fail to recognize the wealth that they enjoy,” Pomp writes.

The time billionaire can have a time horizon that is counted in decades. The time billionaire can afford to be patient. The time billionaire can slowly compound money over time. There is no rush. There is no compressed timeline that clouds the judgement of a time billionaire. They can recover from almost any mistake. The time billionaire is unshakeable in a sense.

If you’re a time billionaire, don’t fret about your lack of dollars. Embrace your advantage in time. Unlike the pieces of paper we all covet, each of us only gets to spend their seconds once.