Productivity

A teacher walks to the front of his class one day and sets a large bucket and a box of rocks on the table. 

The teacher silently transfers the rocks from the box to the bucket while his curious students look on. When the bucket is filled to the brim with rocks, he asks the class, “Is the bucket full?”

They respond with a collective “Yes.”

The teacher then reaches under his desk and pulls out a bowl of marbles and proceeds to pour the marbles into the bucket until they reach the top.

The teacher asks again, “Is the bucket full?”

The students are a little more apprehensive this time and hesitate to answer. A few brave souls speak up and say, “No.”

“Good,” the teacher says. He reaches under his desk yet again and pulls out a bag of sand and fills the bucket, followed by a pitcher of water which he dumps over the sand, marbles, and rocks.

The teacher then motions to the bucket and addresses the class once again: “What’s the point of all this?”

The Lesson:

The “rocks” are metaphors for the most important things in your life: family, health, faith, love, education, life goals, etc.

If you don’t put the rocks in your bucket first, you won’t fit them all in. In other words, if you focus too much on the little things (the marbles, sand, and water), you’ll lose sight of what matters most in your life.

We waste so much time on things that don’t matter.

The average American will spend 137,904 hours  of their life watching television.

That’s 5,746 days.

15 years.

If you’d rather spend your time doing something that offers a return—whether financial or emotional—on your investment, make sure you focus on taking care of the big rocks in your life first.

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Barry Dillah

The joy-per-dollar efficiency.

Money is permanent. You have it until you trade it for something, and then that trade is permanent — you are thereafter permanently without that money. It’s gone and belongs to someone else now. Therefore it’s important to consider the permanence of whatever benefit you traded it for.

Think about it: when you die, you will have earned and spent a specific, finite number of dollars. For you the number might be 2,193,003, or maybe it’s 8,806,550, or even 217,101,992. Whatever it is, at the moment you die, it is a real and actual number. Even if you never wrote any of your purchases down, there’s an actual list of things these dollars were traded for, and each of these trades contributed to (or maybe detracted from) the overall amount of pleasure and fulfillment you experienced in your life.

There’s an enormous range of possible things to trade these finite dollars for, but ultimately there’s only one thing you’re trying to get for your money, which is quality of life. Universally, we want the feelings in our lives to be good, and there’s really nothing else we value. If you could see your “final balance sheet” and look back on how things went, you’d intuitively know which of those transactions contributed significantly to your overall happiness and which did not.

This trading can be done extremely well or extremely badly. The joy-per-dollar efficiency between different trades can vary by factors of thousands or millions. So, what are you trading your money for? Do you invest in people or things? Do you invest in yourself? What makes you happy?

Remember, it's not how much you earn that is important. The important thing is paying attention to how much is needed so that you can trade it to have the quality of life that is important to you. 

A $4 cup of coffee could buy you 15 mins of happiness. $1 could also buy you a game online that could give you countless hours of fun and happiness. Do you trade for short term happiness or long term happiness? Remember to trade wisely.

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Barry Dillah