Views expressed on this podcast are our own and do not reflect any entity. We may use affiliate links and receive commission, and any advertisements or sponsorships will be clearly stated.
Our content is not professional advice - always consult with a professional. All podcast content is owned by, unauthorized use is prohibited. Information shared is accurate to the best of our knowledge at the time of recording; we are not responsible for any errors or future inaccuracies.
News
Norman Rockwell Museum releasing first NFT collection
Google joins Brewdog in support of Degen Distillery's NFT Initiative
Magic Eden Launches a New Wave of Features to Broaden NFT Trading on Polygon
AAA studio Ubisoft to develop Web3 gaming experience with Immutable
SEC’s first window to approve all 12 spot Bitcoin ETFs to begin today
Pay and dump? How businesses accepting crypto payments influence adoption
Bitcoin puzzles traders as BTC price targets $40K despite declining volume
Near Foundation launches two new tools to help web3 builders
The Sandbox hopes to spur LAND sales using 'Black Mirror' and 'Walking Dead' as bait
Flashbots co-founder unveils Telegram trading bot 'Alfred'
BlackRock has filed to register a new iShares Ethereum Trust entity in Delaware
Polygon Village launches $90 million fund for ecosystem development
Ark Invest launching new suite of digital asset ETFs with 21Shares
You Can Now Lend Your NFTs to Gamers and Earn Passive Income
Business Sim Game Legacy Launches With Competitive Events on Gala Games
SAG-AFTRA Ends Strike After Deal to Protect Actors From 'Threat of AI'
Killer Combo: ChatGPT Merged With Dall-E, Vision, Web Browsing and Code Interpreter
Humane launches $699 AI-powered projector to replace your phone. That's not the craziest part
‘Big risks’: Obama and tech experts address harms of AI to marginalized communities
Tech News Today: Omegle shutdown, Samsung mixed reality headset, Diwali sale, and more
Anish Kapoor’s Controversial Vantablack Works Finally Make Their U.S. Debut. See Them Here
Artists to Watch This Month: 10 Solo Gallery Exhibitions in New York to Have on Your Radar in November
November 9, 2023
Embrace Change, Cultivate Inner Resilience, and Radiate Positivity
"I welcome change, nurture inner strength, and radiate positivity."
Numerology - 7 (Spirituality, Wisdom, Introspection)
On this November 9, 2023, let us adopt an alpha mindset that encourages us to embrace change, nurture inner strength, and radiate positivity. Embrace the inevitability of change as an opportunity for personal growth and transformation. Cultivate inner strength by recognizing your resilience and adaptability. Radiate positivity and optimism to those around you, creating a positive and supportive environment.
The numerology of 7 signifies spirituality, wisdom, and introspection. Use this energy to connect with your inner wisdom and reflect on your path.
With this alpha mindset, mantra, and the influence of numerology, may we approach November 9, 2023, with a sense of readiness for change, inner strength, and a commitment to spreading positivity and understanding, making it a day of personal growth, enlightenment, and harmonious interactions with others.
Pareto's Law
Also known as the Pareto Principle or the 80/20 rule, is an observation that, for many events, roughly 80% of the effects come from 20% of the causes. This principle was first introduced by the Italian economist Vilfredo Pareto in the late 19th and early 20th centuries. Pareto noticed that approximately 80% of the land in Italy was owned by 20% of the population. He developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.
Over time, this concept has been applied in various fields, such as business, health care, software engineering, and personal productivity, to illustrate the idea that most results in any situation are determined by a small number of causes.
Here’s a breakdown of Pareto’s Law and how it’s commonly interpreted in different areas
Business:
Sales: 80% of a company’s sales often come from 20% of its customers.
Productivity: 20% of employees are typically responsible for 80% of the results.
Inventory Management: 20% of products usually represent 80% of inventory value.
Economics:
Wealth Distribution: A small percentage of the population usually controls a large portion of a country's wealth.
Market Economics: In many industries, a few companies (around 20%) control the majority (approximately 80%) of the market share.
Software Development:
Bugs and Issues: 80% of the most common problems are caused by 20% of bugs.
Features: 20% of features are often used 80% of the time by users.
Health Care:
Resource Use: A small number of patients (20%) often account for a large chunk (80%) of health care resources.
Disease Rates: A few diseases are responsible for the majority of health care challenges.
Personal Productivity:
Time Management: 20% of activities could be yielding 80% of beneficial outcomes.
Goals: Focusing on the top 20% of one’s priorities could theoretically resolve 80% of task-related issues.
The Pareto Principle is a useful mental model that suggests focusing on the most effective areas can yield the most significant results. However, the exact ratio is not always 80/20, and it doesn't apply uniformly to every situation. The percentages are often different, but the rule of thumb is that a minority of causes, inputs, or effort usually leads to a majority of the results, outputs, or rewards in many contexts.
The Mix (Flow when Utilizing Pareto law)
Combining Pareto's Law with the concept of flow state is an intriguing approach to productivity and performance emerges. Flow state, a term coined by psychologist Mihaly Csikszentmihalyi, refers to a state of complete immersion and focused energy in an activity, often leading to high levels of productivity and satisfaction.
Here's what might happen when you apply the 80/20 rule to achieving flow state:
Identifying Key Activities:
According to Pareto's Law, 20% of activities could be responsible for 80% of your productivity and results. By identifying these activities, you can prioritize them to try to induce flow states during these high-impact tasks.
Efficiency in Time Use:
You would focus your efforts on the time blocks where you are most likely to achieve flow state, thus getting more done in less time. Knowing that certain tasks are more conducive to entering a flow state, you could schedule your most important work during your personal peak productivity times.
Skill Development:
Flow states are typically achieved when you are engaged in tasks that challenge your skills just enough to be engaging without being overly stressful or too easy. The 80/20 rule could guide you to hone the 20% of skills that contribute to 80% of your successful performance in your field or activity.
Quality of Work:
By spending more time in flow state during the critical 20% of tasks that have the biggest impact, you could improve the quality of your outputs significantly, because work done in a flow state is often of higher quality due to increased focus and creativity.
Reduction of Overwhelm:
Applying Pareto’s Law could also mean that you avoid spreading yourself too thin across too many tasks, reducing feelings of overwhelm and burnout, making it more likely that you can achieve a flow state.
Goal Prioritization:
You might apply the 80/20 rule to focus on the few goals that are really important, which can result in a better alignment of daily activities with these goals and an increased likelihood of achieving flow while working on them.
Feedback and Adjustment:
In flow, immediate feedback is crucial. By focusing on the 20% of activities where feedback is most prominent and constructive, you can continuously adjust and improve, maintaining the flow state.
Maximizing Impact:
Flow states can elevate your ability to make a significant impact through your work. By focusing on the critical 20% of your activities, you can maximize this impact.
Resource Allocation:
Resources, including time, energy, and attention, can be allocated more efficiently. You would aim to channel these resources primarily towards those high-impact activities that can also facilitate flow.
Sustainability:
By avoiding less impactful activities that don’t lead to flow, you can conserve energy and prevent burnout, making your high-performance state more sustainable.
It's important to note that while the Pareto Principle is useful for prioritizing tasks, the flow state is about the quality of experience and engagement with tasks. Combining both concepts can help create a structured yet fulfilling work process, where you're focusing your best efforts on the most impactful tasks in a highly engaged and productive manner.
Preparing for Thanksgiving
As a single person or as a single parent can be quite different from the traditional family gatherings. The key is to make the day special and stress-free for yourself and, if applicable, your children. Here are some ideas to consider for single individuals and single parents during Thanksgiving:
For Single People
Self-Care Day: Treat the day as a time for self-care. Cook a favorite meal (it doesn’t have to be turkey!), watch a beloved movie, read, or take a long walk.
Volunteer: Many people find joy in giving back. Thanksgiving is a perfect day to volunteer at a local shelter or food bank.
Friendsgiving: Gather with friends who may also be spending the day alone. Everyone can contribute a dish, reducing the cooking load and adding variety.
Small Portions: If you love cooking and want the traditional meal, consider preparing smaller portions of Thanksgiving dishes or find recipes specifically designed for one or two people.
Virtual Gatherings: If you can’t be with family or friends, consider setting up a video call to share some time with loved ones.
Local Events: Check out if there are any local community events on Thanksgiving. This can be a great way to meet new people and enjoy some festivity.
Restaurants: Some restaurants offer Thanksgiving meals. This could be a way to enjoy a traditional meal without the hassle of cooking.
Spotlight of the Day
𝙻𝚒𝚜𝚊 𝙵𝚘𝚐𝚊𝚛𝚝𝚢 @nftlisa
Wonderful artist with a unique signature of her own.
Fun on the timeline and fresh takes on tweets; we really enjoy it.
Uses Art in a special way to make works that are real beautiful.
We defiantly would suggest a rabbit hole deep dive.
Notifications on for and a follow for sure is a must.
We hope you enjoy this share.
Congrats to Lisa for Spotlight of the day.
Share this post