Saturday, October 20, 2012

The Daily Grind

It is so easy to forget what really matters. The day to day demands of living eat away at us.

I find it hard to put the wisdom that I have documented into practice each and every day. I realise the concepts are true, but I will be engaged in an activity and the concepts quickly forgotten. Additionally, the concepts are sometimes difficult to translate into the real world.

It is useful to regularly remind myself of what is most important to me. I can do this by reading and listening to what is important to me. I had one of the longest period of happy days when I put this into practice.

Thursday, October 4, 2012

The Problem with Economic Development

Economic development does not necessarily promote what is best for the people. It may inadvertently create incentives that harm the world, such as foods that promote obesity, production that destroys the forests, and media that misinforms the public.

Economic development does not make people feel meaningfully better or increase well being.  It does not concern itself with ethics or morality. It brings about a greater focus on career and materialism.

Countries that are less well-off economically may be better off mentally, spiritually or in other areas. Studies show that if richer and poorer countries are compared at a point in time, life satisfaction increases with the absolute amount of GDP per capita, but at a diminishing rate. However, there is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per capita. Time series studies reporting a positive relationship confuse a short-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with the long-term relationship, which is nil.

I have noticed that people can be more content, healthier and family orientated in some less developed countries. I see people enjoying themselves in the park, in the town square and by the sea.

A Reflection and Regrets

I have lived a good life but didn't realise it. I have accomplished what I set out to accomplish.

I have lived over 10,000 days. I am blessed to be born in the lucky country and to be given the opportunities I have been given. I have achieved many things that I am proud of: an IQ of over 120, knowledgeable in many disciplines, high distinctions in math, science and geography competitions, 99 ATAR, won a university scholarship, completed commerce and engineering degrees with honours from the best university in Australia, H1 average for university final year project, won earth 2025, won a trivia competition, won an art competition, downball champion, fastest speed writing, quickest in arithmetic, worked in a hedge fund, private equity, banking, and government, worked in many industries including healthcare, agriculture, transport, education, consulting, retail, sales, design, and start-ups, started 3 semi-successful businesses with two profitable exits and the other a social start-up achieving over 5,000 users, started a profitable hedge fund, owning properties in three major cities, completed several profitable property developments, read the Bible three times, volunteered for over 5 organisations, travelled to over 60 countries, lived overseas, attended the world cup, attended many top festivals, dated many amazing women, attained financial freedom, retired before 30, achieved over $1m net worth before 30, worked in a $100k job, eating and living healthily and maintaining a healthy weight, healthy body metrics, being fit and competitive in most sports, ran a marathon in 4 hours, won a football championship, completed over 50 push ups and sit ups in one set, performed in front of over 100,000 people, undertaken major presentations and TV and radio interviews, played piano and guitar, recorded several songs, worked as a restaurant critic and ate at all the top restaurants in my city, owned an Audi, participated in many activities, good socialiser and communicator, having good family, having good friends, building strong self worth, and realising the power of now (Updated January 2017). All of these achievements did not come without pain. There is no gain without pain. I would not have achieved them without setting goals.

I used to have many goals I wanted to achieve. I had many goals that I was striving for at the one time, but they did not make me happy. The achievements are temporarily satisfying, but ultimately vain.

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To achieve the extraordinary, you have to work hard and give up all other areas of your life. Sooner or later, the great men turn out to be all alike. They never stop working. They never lose a minute. It is very depressing.

To become an expert in a field takes a long time and requires continuous learning and application. At the same time, you forget some of your expertise or your skills become rusty if you take a long break from it. This has happened to me with my engineering course work, Christianity readings, and running regimen.

This is a key difference between myself and those geniuses. Working hard in my chosen fields does not make me happy.

In fact, it has been shown that achievements do not increase long-term happiness. Even when you accomplish something great the high won't last. It won't make you happy on its own. You have to work to make and keep yourself happy.

While I have achieved almost every goal I have set out to accomplish, I understand that happiness matters more.

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I don't have many regrets. Looking back, the two main regrets are that I didn't have rock hard self belief and that I didn't go out much when I was younger (such as going on exchange). I used to have a small regret that I had 'made it' yet, but now I feel like I have. I don't have real regrets in health, career, university (made a few good friends), investments, family and faith. I don't have much I am missing in my life, except regular companion(s) and a relationship with God.

Richard Branson said that the best advice he has ever received is to 'have no regrets'. This piece of advice has informed every aspect of his life and every business he ever made. He is astounded by the amount of time people spend looking back on failed projects rather than learning and looking forward.

If you think you’re going to regret not doing something, you should probably do it.

Regrets are about not doing something and it is the worst feeling. Most people regret far more things they didn’t do than things they did do.

Older people say that the most important lesson in life is to not stay in a job you dislike. I read one piece of wisdom from a hospice care worker from her years tending to the dying... at the end of their lives, people very rarely regret the things they have done. They almost always regret the things they haven't done. A palliative nurse who cared for patients in their final weeks recorded the top five regrets of the dying:
  • I wish I'd had the courage to live a life true to myself, not the life others expected of me;
  • I wish I hadn't worked so hard;
  • I wish I'd had the courage to express my feelings;
  • I wish I had stayed in touch with my friends;
  • I wish that I had let myself be happier.
​Don’t ignore your dreams; don’t work too much; say what you think; cultivate friendships; be happy.

Relationships are key for people who are dying. It is common for them to ask 'have I loved enough in my life?'. Memories are important too. They identify who they are today by how they have been shaped by their experiences.

To have no regrets, it is worth asking yourself: these two questions
  • Do I wake up in morning looking forward to the day (or work)?
  • What can I do right now that would be the most powerful use of this day (or moment)?
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I have been instilled to work hard but I don't feel better, even though in many ways I am.  I constantly find myself wanting more net worth. But for what purpose? Don't I currently have a decent house? Plus a few mod cons. But it's not the life I want.

What do my achievements career-wise mean to me in the end? The desire to achieve or change the world satisfies the ego. It might be glamorous and it strokes my ego but it's deceptive. It's empty. It's very easy to be sucked into all work and no life for 10 or more years. In short, work and business just doesn't make me happy.

Life goes by when you are continually stuck in thought. I keep thinking about what to do with my future, but there is no one big answer. I'd like to retire to have options, travel, and have kids. However, at present there is no big passion or dream and that is ok. I think volunteering and helping others may be key. Volunteering to help others will probably uncover passions and I can combine this with my property interests.

I haven't found anyone like me, a friend who I truly connect with. I have not found someone with the same diverse taste in music as me. I have not found someone with the same strong desire to be alone and with others at the same time. It has always been my way or the highway.

I am smart and have always topped the class. I know can succeed in whatever I set my eyes upon, but I don't know if that is what I truly want.

The Love of Travelling

There is something special about travelling. The experiences. The memories.

Travelling combines my loves. I love geography, road trips, exploring.  

In every country I see people living their lives. Many people all around the planet all doing their own thing. Given enough time, humans find it possible to adjust to almost anything, good or bad. Some people having a blast with little. I see that life is what we choose to make of it.

All countries have the good and the bad. All forms of government have the good and the bad. All experiences have the good and the bad.

I need to take a break at least once an year. I also feel that I haven't spent enough time travelling as I would have liked and want to do more.

Travelling does make me feel somewhat fulfilled. I prefer to be in a dirty boat in the middle of the sea than in my job. However, even though I enjoy travelling, my energy and happiness levels are not as high as they have the potential to be.


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2022 update:

I drew a map of all the countries in the world when I was around 5
I scored in the top percentile in the Geography Competition in school when I saw other kids taking it and decided to try it out
I read the Melways (street directory) all day long and followed all the major roads on my city. I used to have a favourite road and would play games with the roads. I thought I would take the Melways with me if I was held somewhere
I volunteered for a charity for children with disabilities as one of my motivations was going on trips and camps
I knew every suburb in my city and then proceeded to visit every suburb in my city
I then visited every major town in my state
I then visited every major city in my country
I then visited every major country in the world
I want to visit every geographical land mass
I take photos of all the landscapes through the plane window
I visited many far flung places just to see the geography
I visited over 1000 cities and 100 countries
I love looking at maps
My favourite Facebook widget was Cities I have visited by TripAdvisor and I was always excited pinning cities and being higher on the list than my friends
My favourite day in my life was visiting Window of the World in Shenzhen where I could visit miniature versions of the famous attractions of the world

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Along with mountaineering where over 6,500 people have now summitted Everest, extreme travel has taken off in recent years.

In 2017 Cassie de Pecol became perhaps the second woman to have visited every country in the world. In the space of five years, we have witnessed around 15 to 20 women achieve this feat.

When Harry Mitsidis, founder of Nomad Mania, completed every country in the world in 2008, only around 20 people had completed it. As of 2022, there are 280 to 300 names on Nomad Mania and Most Travelled People. Add in people who don't participate in these communities, and the number could be 400 to 500.

For me travelling has been an addiction. Watching many people travelling inspires curiosity, jealousy, and some bitterness. This year travelling has been more draining for me than enjoyable. While travelling, I don't feel the same joy as I used to. There are other things that are important. As Mitsidis said 'So many of the big travellers are single or divorced and that's fine if it's a choice but for me, the art of being a traveller is to successfully keep my foot in both camps'