Carl Richards’ Newsletter – Forget working hard. Try resting hard.

I read and enjoy several dozen (or more) Blogs / newsletters which I should share more often. Carl Richards is a Certified Financial Planner and creator of “The Sketch Guy” column which has appeared in the New York Times since 2010. His website is “The Behavior Gap” (sic) and here’s the Link

He wrote an excellent book “The One Page Financial Plan” which is well worth a read if you wrestle with money.

Here’s his most recent newsletter which may well strike a chord or two.

I couldn’t agree more.

Hi Alun, Carl here. 

I’m tired.

Like, really tired.

And I’m tired of being tired. 

Up at 5 in the morning? Tried it! Daily workouts? Yep. Paleo, bulletproof, gluten-free, cold showers? Check. 

Build a business, start a side hustle, dominate Twitter, Instagram, and Facebook? Yeah, I’ve done all that too.

You know what I don’t understand? How come nobody ever talks about rest? 

You know, rest. As in, relaxing. Doing nothing. Getting a good night’s sleep. That stuff’s kind of important, too… 
… 
I know I’m not alone here. 

The last 10 years have felt like the #CrushIt decade. Every time you turn around somebody is on social media talking about how they’re crushing something. Gary Vaynerchuk wrote the book on it, and according to him, people “need to work harder. And faster. There’s really nothing else to it. I’m exhausted every day, but I’m making all sorts of things happen in my 18 hours.”

Sorry, Gary. But I disagree. I don’t need to work harder and faster. And neither do most of the people reading this. I have a feeling most of us are already working hard enough. 

And you know what else, Gary? Being exhausted every day sounds like a stupid way to live.

… 
Look, if this doesn’t speak to you, just toss this email in the trash and forget you ever saw it. Crush on.

But if it does speak to you, if you’re nodding your exhausted head along knowingly, then consider this message my permission to make this the year of resting hard.

I don’t care if the year’s half over. Start now and keep going for 12 months. This year we’re going to be as good at resting as we are at crushing things. We’re going to become pros at turning off social media, getting great sleep, working less, and living more.

Seriously. Give it a shot. Start today. What do you have to lose? A handful of Twitter followers? A contract? A bit of income?

What you have to gain is a) peace, b) clarity, c) more time for your friends and family, d) not dying of a heart attack or an aneurysm at the age of 50.

Chances are, you don’t need a cup of coffee and a slap in the face. More like some decaf herbal tea and a hug.

Sound good?

Great. 

Enjoy your rest,

-Carl

NASDAL report July 2019

It would appear there has been a “rebound” in NHS practice values over the quarter to 30th April 2019 after three successive quarters of reductions. Average goodwill value was 149% of gross fees, an increase from 118% in the previous quarter. A reminder that the highest point was 224% in July 2018.

Alan Suggett, a partner in UNW LLP said, “It is interesting to note that NHS practice values are back up – I wonder whether with Brexit/No Brexit looming, banks are looking for any kind of certainty that they can find. Anecdotally, I also hear that banks are keen on practiceswith a significant plan income – in uncertain times it is perhaps natural to cling on to any reassurance that one can find.

“There are still plenty of private equity backed corporates paying big money if your practice is in the ‘right’ place. However, if you are a single-handed practice with a small NHS contract value and low UDA rate in Cumbria or Cornwall, I wouldn’t hold your breath.”

I wonder if now would be a good time to turn ones back on the urban areas and look to a build a quieter life. serving a rural community where the pace of life will be slower and the cost of living lower? There’s no line for quality of life on a spreadsheet.

The NASDAL report is required reading for all dental business owners and wannabe owners. You can download it and subscribe to future editions HERE.

The Monday Morning Quote #563

I learned long ago, never to wrestle with a pig.”

You get dirty, and besides, the pig likes it.

George Bernard Shaw

 

Your Job Shouldn’t Kill You…

Excellent Blog Post from the Kolbe Connect Blog. Knowing and understanding your Kolbe A can help to cope with and understand what you do and what you should do. My clients who embrace Kolbe Wisdom get so much more from themselves and from their teams.

The World Health Organization (WHO) has officially recognized burnout as a medical condition…

…In addition to concerns about burnout among employees, there has been a rise in awareness about the stress of being an entrepreneur. Inc. magazine released an article, “The Psychological Price of Entrepreneurship”, which states, “it’s time to be honest about how brutal [building a company] is—and the price some founders secretly pay.”…

Most of the advice about dealing with workplace stress, like “take a vacation,” “play harder,” or “bring a pet to work” only offers temporary relief.…

…working with our clients, we’ve consistently seen that when people are required to work against their instinctive strengths they report higher levels of stress, miss more work, and ultimately are more likely to quit or be fired.…

…The long-term solution is creating alignment between a person’s conative strengths and the demands of the job.…

Take a look at my website to take your Kolbe A and find out more about building your perfect team.

Just say no….

It’s easy isn’t it?

To say “No”.

Really?

I would love to say that having been close to and through burnout on a few occasion as both an employed dentist, a practice owner and (even) as a coach – yeah, yeah I know, I should know better – saying “no” is still one of the hardest things to do.

You want, and think you need, the business, the popularity, the money.

You don’t want to turn someone away, to use a negative word, to let them down.

What if this is the last person who asks you?

What if this leads to a hugely successful opening or opportunity?

What will they think of you when you turn them down?

We all know that we are all trying to achieve too much, demands on the only thing that everyone has (time) are growing, last week I visited Practice Owner and mother of three sorry, Mother of three and Practice Owner, Lauren Harrhy and marvelled at her composure and balance as she seeks to carry on her good work and become a BDA rep. 

Tony Barton from Red Kite World who was one of my teachers during my Coach Training sent me a link this morning. It features Greg McKeown and his book “Essentialism – The disciplined pursuit of less”.

I own this book but haven’t read it – yet.

Why? Because I haven’t found the time.

Why? Because I keep saying yes to other things.

Take a look at Greg speaking

The Monday Morning Quote #562

“Experience is what you get when you didn’t get what you wanted.”

Randy Pausch

Watch Randy Pausch’s “last lecture.

 

Holiday Reading

A few titles that you may fancy for the departure lounge or sun bed.

  • “This is Going to Hurt : Secret Diaries of a Junior Doctor” by Adam Kay. More HERE.

Very few books make me laugh and cry on the same page. If you’re finding your job challenging this may give you some perspective – or make you find a new career.

  • “The Path : A New Way to Think About Everything” by Professor Michael Puett. More HERE

A book on ancient Chinese philosophy by a Harvard Professor may not sound like everyone’s taste but a holiday is often a good time for reflection. This is very readable and provocative.

  • Stand out of our light : Freedom and Resistance in the Attention Economy” by James William. More HERE

You will never see your mobile device n the same way again. Who controls your attention?

  • “Shoot for the moon : Achieve the Impossible with the Apollo Mindset” by Richard Wiseman. More HERE

Challenged in getting things achieved in your life? Try Wiseman’s advice and adopt the approach of the teams that put men on the moon – and brought them back – half a century ago.

  • “The Self-Worth Safari : Valuing Your Life and Work” by John Niland. More HERE

There is a crisis of confidence in many dentists, John Niland’s book makes a timely read for anyone having second thoughts and doubts about what they are doing with their professional life.

  • “Setting the Table : The Transforming Power of Hospitality in Business” by Dany Meyer. More HERE

A book that I wish I had read before I started my first and second practices but will inspire you to improve everything you do for your patients, customers or clients.

  • “Laidlaw. The Papers of Tony Veitch. Strange Loyalties” by William McIlvanney. More HERE, HERE, & HERE

To call McIlvanney’s trilogy featuring Glasgow police inspector Jack Laidlaw “gritty” does grit a disservice. Stories of human behaviour, both bad and good, but mostly bad, with thoroughly believable characters. As Ian Rankin said, “Without Laidlaw there would have been no Rebus”. Tartan Noir started here.

 

 

 

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