Aug 292013
 
By the hour, by the task, by the relationship, or by ROI

I’ve had the privilege to expand my formerly fixed pie mindset into that of a lifelong student with an ever growing pie mindset due to being on the ‘path less traveled’ which I’ve been walking down these past 3+ years.

In this time, I’ve read north of 100 books, listened to somewhere between 500 and 1,000 audio recordings, watched over 50 DVDs, read hundreds of blog posts, and been to between 100 and 200 different events where I am surrounded by creators/builders/eagles/climbers. All of these, summed up, has completely been transformational. Not an overstatement in the least!

As part of the above, one particular book, amongst many, serves as the inspiration/foundation stone for this post – that being ‘Cashflow Quadrant’. It was one of the first dozen books I read when I discovered what true education really was ( = liber/liberty/how to think ), and I constantly recommend it in the present, and will do so into the indefinite future:  It is THAT crucial — a must read.  In fact, I believe it should be required reading in all high schools, regardless of if public, charter, private, Christian, or one of the many home school curriculums.

Taking a high level view of the acres of material in this book leads back to the title of this post. There are four/4 quadrants —  each of them will appeal to people based on their core values, their personality traits/temperaments, and their willingness to be a student (read: humble, honeable, hungry).  Each of these can also be attached to one of the short descriptors;  let’s unpack them one by one, then will close off this post with a summation.

By the Hour

E > Someone who ‘lands’, chooses, or is shuttled here through the ‘system’ and/or programming most usually thinks in chunks — hour(s). Extended further out: days, weeks, with a mindset of “hump day”, or Friday is more important than any other day of the week. This is due to an ingrained mindset where he/she measures things in such time increments which are short term in focus and perhaps also in vision.  Often, someone in this quadrant will say he/she “has no time”, or is “very busy”. Chalk this up to a priorities/urgencies root issue, and the age old difficulty in being unable to do anything about the time v. money 1:1 exchange.

By the Task

S > Here is a quadrant where one also tends to be shuttled or programmed to put up stakes, although there is a definitive difference b/w it & its cousin, ‘E’. A person(s) here now thinks more along the lines of – how much can I earn (income) for task “X”, “Y” ?  Example is the trading of time for an appointment which requires the other party to pay ( e.g., Doctors, dentists, accountants, certain types of coaches/counselors, stylists, consultants, lawyers ). So, to extend, it is in the best interests of the person to squeeze as many clients-customers into a given time period as possible. The outlook here can usually be longer than a day or a week, although a person here can oft-times employ others, so he/she may also be marking off in his/her head the time between ‘now’ & when payroll is due.

 

We’ve now traversed the metaphorical wall/chasm between sides of the squared quad. What is the difference between them, one who has yet to read this landmark book may inquire?  Quite straightforward:  One’s incoming information, and subsequent thinking (and actions/application of the former two). Another way to say it:  You are no longer depend”E”nt nor are you a member of independent”S” Inc. (so to say)

 

By the Relationship

B >  The least understood corner real estate, yet within lies the most profound answers to many of life’s perplexing issues/questions. Such as?  :  Why can’t I ever seem to get ahead? — Why don’t I think I have enough time in the day to do everything I must get done? ( yet, the day is just as long as it was millennia ago ) — Why is there more week/month than what is in my paycheck ( net income ) ?  Just who are the folks who own (not manage!) those ‘chains’ = franchises that I spend all of my waking time or currency in?

When you quite likely have made your way into this quadrant, since a very small number will be born here, you will find that your thinking requires a reboot. And, furthermore, that much of what you learned before quite likely will need to be unlearned over time. To “B”, you are no longer the magic elixir. You’ve instead discovered interdependent life — its all about Resolution 11: Systems (Holism) & working in concert with a proven, duplicatable system. This system often takes the form of a recurring inflow of life changing information or, in some cases, it is a reference manual/guide/book that you can use over + over + over again to get the same result.

How does relationship(s) tie in?  This way:  Since you are interdependent, you are interlinked in many cases with others in common purpose. The others will either ensure your financial security through their prosperity; and/or they will be your extended term clients/customers as you have earned their unshakeable trust and loyalty; and/or, lastly, you are seeking to grow your tribe and expand your network, so you must know people skills and sharpen the human relations art & science abilities that are not nearly as well taught as an “E” or an “S”‘er. Folks here also have a strong understanding of financial fitness & are coming to the realization that you don’t retire — unless the word is re-defined to mean that you are retiring from your obligations.

This leads to the final corner >

By ROI

I > This is rarified “air”, as the % of those occupying the ground in this bottom right real estate are most always those who spent a good deal of time as a “B”, and they’ve earned their stripes and have become truly free:  In both time and in money. So, they can now put their money on the line in great big chunks, and become real investors. No, if you are “investing” in a corporate-industrial age retirement vehicle such as a 401(k) nor an industrial age one like a defined benefit pension plan.

In those two latter examples, you are not spending money, however, you have not leveraged money to get an ROI on money. The leverage here is purely monetary as opposed to a system from its cousin to the north, the ‘B’. Instead, this is building or creating of an asset(s) that kicks off cash flow. The book describes the levels of investors far better than I could attempt to dissect, so dear readers, please be sure to read, or re-read, this seminal book, then pay it forward to your friends, family, and especially, the younger generations.

In this quadrant, to cap it off – you are receiving so much inflow of currency from your dependent ‘E’ & independent ‘S’ neighbors across the wall, that your well being is set. You are a living breathing example of the maxim of financial fitness that its NOT where the $ starts, but rather, where it ends up that COUNTS.

 

In wrapping up, please be willing to always change. It is hard, however, beating one’s head against cement and expecting cement to crumble!  If you have those questions above, or simply are a student and wish to gain wisdom and knowledge to then turn around to apply & then pay forward to another, you have found (A) one of the best books ever written, and (B) a post here in the blogosphere which has attempted to explain it all from a slightly different perspective than others likely have already. ( since this book has sold so many copies, I know there are tons of links online talking about it! )

Be the best you can be. Live. Learn. Grow, And may you find & earn your dreams.

Jan 242013
 
Monthly Movie Recommendation for Eagles & Climbers - VI

Great day to all!

This month’s (and year) kick off movie for those folks in the blogosphere who are, or want, to live intentionally for excellence as an eagle, and climb the summits of their vision and dreams is a very well known multiple Oscar winner from 1995, ‘Braveheart‘.  In my view, this movie was/is a classic of the first magnitude; having a history background, I surely realize that some of the script’s characters, chronology, and scenes were not exactly what happened in the 13th and 14th centuries, however, this should clearly not detract from this film’s amazing upside.

My specific intent with this recommendation is the same as with the other previous blog posts in this ongoing series: To tie this movie into either or both of the fundamentals for LIFE, those being the eight cornerstone, foundational F’s and the thirteen resolutions. Otherwise, as this movie has been reviewed by an army of folks over the past 17+ years, no new ground will be discovered 🙂

William Wallace, the central character and a real life hero, simply defines leadership. There are so many definitions of leadership, however, I’ll point the reader to the one in the early pages of ‘Launching a Leadership Revolution‘ to flag what is one of the very best, if not the best, summation. He had no positional rank in the Middle Ages hierarchy/aristocracy of England/Scotland; he had no official bestowed from on-high title; he was not schooled formally, nor did he ask to lead. In the end game, over the roughly 40 years that the script covers in 3 hours, he simply LEAD. And, his leadership was world class!

Robert the Bruce, another central character, and also a real life hero, defined leadership in a somewhat more circuitous direction. His growth as a man was evident throughout the film:  He realized the value of keeping his word, the definition of courage, how to overcome the handicaps of  positional authority, and the power of words.

The examples and illustration of the resolutions, which incidentally, are simply outgrowths of latter day Western world leaders Ben Franklin, George Washington, & Jonathan Edwards, are in abundance throughout the scenes in this movie. To wit:

Resolution 1, Purpose –  Wallace’s original purpose was to return home, having grown up in his formative years with his uncle’s mentorship, and stay out of the limelight, being a non aristocratic farmer while marrying and raising a family nearby his original home. However, events changed everything for him;  his purpose did nearly a 180, and he was knighted.

Resolution 2, Character – As Wallace grew up in a violent era, where battles fought with crude weapons like spears, axes, and broadswords was the norm, character was definitely earned on a battlefield in most instances. Unquestionably, William’s was!  Coupled with his uncle Argyle’s wise mentorship as he grew into young adulthood, there’s no doubt that Wallace exhibited this resolution to a ‘tee’.

Resolution 3, Attitude – The movie goer will notice that Wallace always brought out the best in his army, and he kept them focused on ever greater heights. He was an encourager & spoke from his heart. The cards he was dealt ( Scots not being allowed to train with weapons, divided clans, et al. ) could’ve led to him being resigned to the English ruling his homeland ad infinitum, however, he listened to his positive voice far more often.

Resolution 4, Vision / Alignment –  What a vision that this great historical leader had!!  He epitomized attaching one’s reality to his/her vision!  He aligned his facts/logical mind (conscious) with his images/metaphorical mind (unconscious/subconscious) like no one else in his era did – and the results were clear to all. A leader’s influence has a strong component of vision, and ending the ‘war‘ between the two sectors of the brain is imperative to have lasting success.

Resolutions 5 & 6 , PDCA’ing / keeping score –  William Wallace surely knew the importance of this combo; he realized that if he did the exact same as his forerunners, he would surely lose as they did, and his vision of a free & independent Scotland would not come to pass. So, he planned ahead how he would defeat the English:  He consolidated the clans together in one common cause; he reached out to the nobility ( Council of Edinburgh ); and he came up with different tactics both for hit & run battles and for the major battlefield encounters. Then, he did what he said he would do, checked the progress, and adjusted as necessary.  He avoided living vicariously through others, he didn’t make excuses and pass the buck when he did come up short, and he knew that the price of winning was always worth it.

Resolution 7 , Friendship – What can be said about Wallace’s inner circle that wasn’t quite obvious by watching the film?  Not all that much. It is beyond clear that he was tight w/ them. He built relationships and bonded w/ Hamish & Stephen, let alone others that were with him through the down times & the up. Sharing agape love with them developed his heart & fortified his will.

Resolution 8 , Finances – Not much focus here, however, while it wasn’t directly mentioned in the script or viewable on screen, Wallace’s leadership and uniting the clans quite likely led to a major hit on Edward I’s treasury!  On a more personal level, Wallace leveraged the power of compounding, he delayed his gratification (i.e., wanting to simply raise crops & build a home nearby where he grew up), & he invested his own capital by putting his country ahead of his personal peace & affluence.

Resolution 9 , Leadership – A true no-brainer. William Wallace = Leadership. ‘Nuff said. He served others at all times; he had a BHAG / huge dream! ; he was a visionary, anchoring the reality of Scotland’s situation to his future vision; and, he brought out the best in people: his inner circle loved him, the clans rallied to him, and like anyone who leads from the front, he polarized.

Resolution 10 , Conflict Resolution – Admittedly, Wallace’s idea of resolving conflict was crude:  Fight & kill them 😉  However, let’s also call a spade a spade:  He did not practice the deadly sins of conflict avoidance, silence, or triangulation either.

Resolution 11 , Systems Thinking / Holism – Thinking in systems is a trait that lacks in so many corners of society; it also did in this era. Wallace, though, was ahead of his English enemies on several fronts related to holistic thought. First, his battle plans were ahead of their time, turning the last few centuries on their head. Second, he understood that if Scotland “had no sense of itself” , his homeland couldn’t be free. It required thinking as a system, getting to the root level to bring warring clans together in a common cause for a higher purpose.

Resolution 12 , Adversity Quotient –  Wallace fit this so very well. He surely experienced a lot of adversity — family wise, growing up in a country with very few freedoms, & seeing friends die on the battlefield. However, like 20th-21st century men & women such as Jack Canfield, Margaret Thatcher, Lou Holtz, & Frank Bettger, his iron will x his emotional intelligence x his intellect ( the latter borne through his growing up with a strong self-directed education ) put him on a level unlike anyone else in his era.

Resolution 13 , Legacy –  Another easy one. When you think of Scotland & even if you know only a little about European history, I’d bet that the name ‘William Wallace‘ isn’t too far from the forefront of your mind. His legacy echoes and ripples to this very day. In fact, once the Scottish Parliament was re-convened, some of the MP’s referred to Wallace as their inspiration! Additionally, Wallace’s amazing leadership helped change the current of decline and statis in Scotland by putting a check on the FLD (‘Five Laws of Decline‘).

In summation, may I conclude that Mel Gibson did an extremely admirable job both in front of , and behind, the camera. His portrayal of Wallace as an actor, and his director role brought out the human qualities of a man that history’s books had not done prior to 1995. I am privilged to be able to offer up my review, and clear recommendation, to this blog’s readership to not only watch this film, but to view it through the filter of resolutions.

May your days ahead be bright, filled with cheer, laughs, & smiles. Nothing but success as you soar like an eagle and climb the mountains to your destiny 🙂