Compounding

Compound interest is the eighth wonder of the world.” -Albert Einstein

Einstein wasn’t only talking about money when he (supposedly) said the above quote.

Everything compounds. Relationships, health, learning, etc…according to the amount (force) and consistency (time) of effort you give it.

It’s hardest at the beginning though. When it feels like you’re making no progress.

You are.

You just started with a smaller base.

Keep going.

Don’t quit.

Otherwise, you’ll regret it. Or like Einstein advises in the second part of the quote…

“He who understands it, earns it; he who doesn’t, pays it.”

The Long Way

Stop looking for shortcuts.

Figure out what you love to do.

Strive to be the very best you can at it.

It might seem like the long way.

But it’s the right way.

And ultimately the most fulfilling way.

Take the long way home.

You’re The Boss

You may think a great reason to become an entrepreneur is that you will no longer have a boss. No one telling you what to do and when to do it by.

You’re wrong.

You still have two bosses:

-You.

-Your client/customer.

You must work hard for and treat both with enormous respect.

Otherwise, you’ll end up firing yourself.

P.S. – This phenomenal post from Seth.

A “Just Show Up” Challenge

You’ve probably heard some variation of the old adage that the majority of success in life comes from just showing up.

(I would also add knowing your definition of success. Figuring out exactly what you want and why you want it, but that’s a different blog post.)

So, just show up.

Sound too easy?

Okay, give it a try.

Just show up.

And then keep showing up.

Every.

Single.

Day.

Especially when you don’t feel like showing up.

One week.

One month.

One year.

No missed days. (If you miss, just don’t miss again.)

Challenge accepted?

I look forward to hearing back.

The Gift Of Being Nervous

Feeling nervous?

Good.

That means you care deeply about something.

It means you’re doing something you love.

It means you’re ALIVE.

What a gift.

Most people don’t get that gift.

But you do.

Don’t waste it.

Use the nerves as fuel. As energy.

Channel them.

Focus.

Go out there and shine on you crazy diamond.

The Region Beta Paradox

Per Wikipedia, the Region Beta Paradox is “the phenomenon that people can sometimes recover more quickly from more distressing experiences than from less distressing ones. The hypothesized reason is that intense states trigger psychological defense processes that reduce the distress, while less intense states do not trigger the same psychological defense processes and, therefore, less effective attenuation of the stress occurs.”

Or put another way per this Medium article, it is “a weird human tendency to remain in a state of mild discomfort and only jump into action (or make that decision) when things get super uncomfortable or downright painful. It’s like waiting until our bedrooms are a total disaster zone before we clean it up or waiting until the last moment to do a project…This becomes an issue when we decide to make a decision only at a certain point or threshold…Region Beta is just short of our threshold of ‘badness’.”

The term was first coined by psychologist Daniel Gilbert in a paper that gave the example of a commuter who if they have to travel under a mile, will walk. If over a while, they’ll drive (or ride a bike). Since the car is faster, the commuter will reach some distant locations more quickly than nearer destinations (region beta in their diagram), reversing the normal tendency to arrive later at more distant locations. Therefore, paradoxically we would go a longer distance faster, in effect making a worse situation better.

It’s a fascinating phenomenon and yet another example that highlights we don’t always behave rationally or logically.

Is there anything we can do to avoid being stuck in this paradox for months or years on end?

I think it starts with just being aware. Noticing areas in your life where the barnacle of complacency has set in. You might need to do something to purposely shake things up.

Or as The Rock advises…intentionally put your back against the motherf-cking wall.

“Do I Mean It?”

As the artistic director of Vs. Theatre Company, there are two questions I always ask myself before deciding to produce a play:

(1) This very well could be the last play we ever do. Is this the one I want to go out on?

(2) With the resources at our disposal (e.g. theatre space, finances, etc…), can we do the definitive version of this play? It’s art and by definition, one has no idea if it will work. But I need to feel like we have a fighting chance to do a world class production. We owe it to the play, the playwright, the artists and the audience.

If the answer to either of the above questions is “No”, I pass. It’s that simple.

I shared this producing philosophy recently with some colleagues after seeing 52 Pick-Up at the Hollywood Fringe. (A great show by the way. The two actors, JJ and Ann (she also wrote it), are dynamite together. Don’t miss it.) My friend and talented artist Matt, overhead the conversation and politely asked to interject. Below is our exchange (some paraphrasing):

Matt: “I love this philosophy. But if I may, I would add a third question.”

Me: “Sure. What is it?”

Matt: “Do I mean it?”

Me: “….”

Matt: “If you answer yes to the first two questions, then you’re gonna produce the play, right? But as you know, it’s a ton of work. The timing has to be right. Other stuff…So to move forward with a production, you kinda have to challenge yourself…Ask yourself if you mean it….Do you really mean your ‘Yes” answers to the first two questions.”

Me: “Yes!”

Such a great third question. (Thank you Matt.)

And one that has universal application.

Before setting out to do anything, ask yourself, “Do I mean it?…Do I really mean it?”

If yes, then proceed.

Look Back To Look Forward

As painful as it is to reflect on the mistakes you made yesterday, it is the necessary learning and fuel in order to imagine and create your better tomorrow.

Look Back to Look Forward.

P.S. – Happy Juneteenth.