6 Matching Annotations
  1. Jan 2019
    1. Personal synopsis: Everyone is increasingly strapped for time with their careers and getting ahead in life. Currently, people focus on money and accomplishments, but do not gain the expected satisfaction from them. This experience of feeling "time-poor" causes stress, depression, health problems, and decreased productivity. All in all, the articles makes the point that "research consistently shows that the happiest people user their money to buy time." Many times people know of tasks they would want to offload, but do not pay to do so. Excessive value is places on salary while flexible scheduling is undervalued.

      Key Points

      Why we should value time over money:

      • Time yields happiness
      • Time is social
      • A focus on time builds more-rewarding careers

      Why people struggle with this concept:

      • Behavioral factors and biases that prefer money
      • Guilt from spending money to save time
      • Organizational factors where money is the prime motivator

      How to start

      Personal activities:

      • Plan future time, reduce spontaneity
      • Be more physically active
      • Spend more savoring food and eating
      • Meet new people and volunteer/help others
      • Spend more time experiencing awe
      • Take more vacation time

      Buying time:

      • Outsource chores
         * But understand what you specifically want to offload
        
      • Do less comparison shopping
      • Buy better time

      Work activities:

      • Buy back commute time (Uber/Transit while leisure or work)
      • Ask for more time/extended deadlines
      • Learn to say no, but not because of time
  2. Nov 2018
    1. Nigel Travis, who is the Executive Chairman of the Board for Dunkin’ Brands. He has an exercise that he calls “define your demise” (he describes this in his book, The Challenge Culture: Why the Most Successful Organizations Run on Pushback).

      Important to define why and how the company could fail. Provides insight into weaknesses and how to overcome some of them.

      Book is by Chairman of the board for Dunkin' brands.

    1. Most financial planners advise never tapping retirement savings to pay for your kid’s education. Even as college costs climb, there are still options to borrow that cash, whereas it’s often noted that you can’t borrow for retirement

      No option to borrow or loan for retirement. More options to college students rather than retirees

    1. This is just a theory, but I think we are practically on the cusp of growing societal concerns of Amazon’s increasing reach in our lives,” Gerzema said

      Will it be inevitable that Amazon falls victim to privacy concerns?

    1. In each case cost falls to a minimum and then rises with further increases in complexity; each successive curve is lower on the cost and higher on the complexity scale.

      Cheaper and more complex. A completely counter intuitive prediction. Wow

    1. The new approach comes with a snappy name: chiplets. You can think of them as something like high-tech Lego blocks. Instead of carving new processors from silicon as single chips, semiconductor companies assemble them from multiple smaller pieces of silicon—known as chiplets.

      Modular processors... customize to specific needs (i.e. machine learning).