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July 2021 - If you can't stand the heat, do you have to get out of the kitchen?
A heat wave, at least in Canada, has resulted in some record temperatures and nearly unbelievable thermostat readings this past week. With temperatures surpassing 40°C (that's 104°F for the American readers) and even getting as hot as 46° (114°F) where some of BMI's staff is, it is understandably difficult to focus on work. The allures of the pool, beach, lake, or any other such means by which people are trying to beat the heat are made even worse than in years past by the fact that local restrictions are finally being relaxed, and the population wants to capitalize on it. Such a combination of factors ultimately poses the question: are you in a position to be able to enjoy the weather?
It's a difficult question. Not merely out of some arbitrary calculation on whether there is enough banked holidays or vacation budget to take a few days off, but out of the underlying business principles. Are you in a position that, if you take time off from your company, things will continue to operate smoothly? Do you have reservations or doubts about how long you can take off before things start to go sideways? Are the day-to-day logistics of your company secure and sufficiently established to be executed without your discerning eye? Have you put yourself, accidentally or intentionally, in a situation where you and your business are synonymous, and one cannot exist without the other?
The expression "if you can't stand the heat, get out of the kitchen" has been on the BMI radar for this last week, in both the business and personal sense. When the temperature is 40°C across the entire country, how do you "get out of the kitchen?" In that same vein, when the pressure of work is overwhelming, compounded by desire to capitalize on the weather, how do you take the departure so desperately needed? Can you even take that departure?
The answers to these questions only have a starting point. Despite the implication of the proverb, leaving the aforementioned kitchen because of the heat is not a weakness. Recognizing and responding to external situations by reacting in a way within your control is far from weak; it is a critical strength that modern society does not often promote. The heat of the kitchen - or the country - very well may be too much. Accepting a weakness is the start; building a plan to overcome that weakness is the goal. July's BMI challenge, then, is to look at your own "kitchen" and start to determine how you can handle the heats within. Decentralizing processes or automating them so you can take leave the kitchen when you want (or need to) is one such way; analyzing where the heat is coming from and if that proverbial burner even needs to be on is another. No matter what solutions you start to devise, BMI is here to provide the support and infrastructure your organization needs to make them a reality.
June 2021 - You can beat a dead horse, but you can't make him drink.
Among the Wellth team, there is a great affinity for the use of malaphors. A malaphor is combining two common sayings together into a singular (and perhaps humorous) expression. The title of this newsletter itself is the combination of, "you can lead a horse to water, but you can't make it drink" and, "you're beating a dead horse." The other malaphor that sees considerable use is "we'll burn that bridge when we get to it." In spite of the jesting nature of such expressions, the reason that the aforementioned bridge-burning expression comes up occasionally is because it represents a mentality that every small business owner needs to internalize.
It should go without saying that burning bridges, at least in the original metaphor that it is used, is seen as a finality; an action or decision that will have lasting impact and not easily undone (if it is even possible to undo at all). Juxtapose the seeming permanence of the decision to burn a bridge with the implied relaxed nature of the other expression, to cross 'that' bridge when you get to it, and a lovely contrast appears. Perhaps a bridge burning, or, in this context, a decision that a small business owner must make in their daily operations, will have lasting consequences. There is no sense, however, in fretting over the magnitude of the decision if it is not time to make the decision in question. You can't cross a bridge - or burn it, for that matter - until you are actually at it. Panic, stress, and worry about things to come don't serve any purpose in aiding the decision-making process, so why bother with it?
This is easier said than done. It is human nature to fret and worry about decisions that could have negative outcomes. Even the Wellth team, the champions of holistic living and success, are not immune to it. There is, however, substantial comfort in knowing that no matter how monumental a challenge, no matter how big a bridge, no matter how massive a blaze when the bridge is set alight, that the proverbial crossing (or burning) of the bridge is nothing to worry about. It's a simple mindset that changes it all: either you are in control of the decision, or you aren't. If you are in control, then why worry? You can work hard, utilize outside resources (like BMI), ask friends, family, or mentors, and approach the decisions you need to make as prepared as you can be. If you've done everything you can to make an informed decision, and the decision is in your control, despite how tempting it may be to stress about the outcome, there really is no need. You've done all you can, and all that is left is to, as the malaphor suggests, let the pieces of bridge fall where they may.
If the decision isn't in your control, then you have nothing to worry about. Stressing about things outside your control does not impact the outcome, and only serves to weigh you down or distract you from what is in your control. The bridge may burn, but if, in the words of Billy Joel, "[you] didn't start the fire," there's nothing to be done. Try utilizing this simple approach over the summer. It will take considerable practice to learn to stop worrying, but actively working on this mindset will leave you freer to enjoy the beautiful weather, less stressed and distracted, and even free you up to better balance your work and home life. Just relax and remember, you can burn that bridge when you get to it.
May 2021 - The fine line between giving your all, not giving enough, and reckless abandon.
A theme you may have heard in BMI's publications, whether it is the newsletter, social media, or YouTube videos, is stressing the importance of holistic success. Holistic success, a balance between the work life and home life, between personal and professional, between hard work and relaxation, is sort of an abstract concept. At first glance, it might even be interpreted as nothing more than an obvious statement; of course there has to be a balance between work and home. You can't live at the office; Maslow's hierarchy exists, in varying degrees, and applies to everyone. Everyone requires food, sleep, and a day off now and again. Arguments on the amount of any of these basic necessities aside, the major focus of BMI's holistic success is the time component of the work-life balance. Finding the sweet spot of working hard, but not overworking, is not nearly so straight forward as it would appear at the aforementioned first glance.
For sake of simplicity, time, in this example, will only be divided into two categories: working and not working. If you are spending time working - independent of whether you are physically at the proverbial 'office' - that time counts as work. Everything else you do counts as not work. What ratio of time, work to not work, is the secret ratio that maximizes success, without unreasonable sacrifice? There is, you will agree, diminishing returns for the value of putting additional hours into work beyond a certain point. The graph of work hours versus output has some hard limits that dictate this diminishing return. At the upper limit, a 24-hour input of work in a day will suffer catastrophic output. Not taking a single second to sleep, eat, go to the bathroom, or relax is not only impossible, it is detrimental to one's health; you could even go so far as to call it reckless abandon. Clearly the ideal ratio of work to not work, then, is not 24 to 0.
On the other extreme of the graph, the lower limit wherein not a single second is spent working will have a similarly catastrophic output of nothing. A business with sufficient automations will survive some level of zero output by owners and key employees, but that momentum will only last for so long before operations crash to a halt. The ideal ratio of work to not work is not 0 to 24. It might seem like common sense, but it does frame the question of where holistic success can be found, and pose another question altogether. Tim Ferris, in his book "The 4 Hour Work Week," addresses this latter question; the question of why the ratio can't be 0 to 24. Since he does an excellent job of making the case that the ratio should be as close to 0 to 24 as possible, let's examine the build-up to that ideal scenario.
Somewhere in between the extremes lies a golden ratio of time put into work, time spent relaxing and recharging, and the output of time spent doing both. A single newsletter article might not be sufficient to explore finding that ratio, but that is not it's intention. Instead, take the time yourself to reflect on what your current ratio of work to not work is, and if it is in need of adjustment. The business world often gets so wrapped up in doing things 'the way they've always been done' that it doesn't take the time to ask if the status quo is the best approach. A 40-hour work week might be the norm, yet there is nothing to say that it must be. Can you justify the time you spend at the office as being truly productive? Or, is it time spent there out of convention, of habit, without real reason? Taking the time to prove to yourself that the time you are (or aren't) spending working is the closest you can get to your perceived golden ratio will motivate you in the time you are at work, or force you to move closer to that ratio. And, as always, if the ideal ratio is spending less time working, BMI is here to offer the support you need to clear your plate.
