Neville's Financial Blog

*Don't worry, this isn't some weird online suicide note. It's just a thought process of what would happen if I were to suddenly die.
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It happens all the time, every day, and has happened billions of times before me, so it's safe to assume that at some point I will die.

If I had my own way, I'd prefer to die when I think it's time (I'm a big fan of assisted suicide in old age). I think:

If I'm 80+ and all of a sudden bed-ridden from whatever cause, I believe it'd be a good time to go. Why slowly die and burden my family and self? Sure I could go on longer, but like a good comedian, I'd like to go out before the audience forces me out.

The same would be true if my life were to be dependant on others for basic functions, or if I am a vegetable. So if that situation arises in the future, I am publicly asserting it's absolutely 100% OK with me to pull that plug! Anything that happens which burdens my family too much...yank it. No question about it.


Just for fun I ran out a thought experiment:

Cause: I'm crossing the street eating an ice cream cone when BAM I get hit by a bus. Dead.

Effect: Here are some of the effects I see happening:

• Family/friends would be sad.


• My blog would continue to exist (wouldn't it be weird to be reading this blog even though I was DEAD)!?! In fact, in a weird way I'd be immortal for the 3 or 4 months my hosting company wouldn't pull down my dedicated server for non-payment. I bet my blog would actually SPIKE in traffic as word gone around you could read a "ghost" blog! I also presume a lot of people would leave R.I.P. comments (along with spam links trying to profit off the traffic...even in death spam would be a problem)!


• There will end up being a lot of pissed of customers at my business. While I don't have much to do with shipping orders etc, they all pass through me. Without me there, I'm sure the business would continue accepting orders for 3-4 months before the hosting company pulls the plug. Unless someone intervened to get all the bills paid and orders sent. No one would actually be charged any money from the business, but they wouldn't get their orders either.

It's obvious that my main concern about dying is the ease to which my family can absorb that hit. I don't want to die, then on top of that have THEM go through the legal work, taxes etc. to clean up my affairs. Now that I think about it, it's actually quite selfish of me NOT to have a plan in place.

Which brings me to the conclusion I need a solid will (or at least a defined set of instructions left with the person with power of attorney over me). I need proper instructions in place to determine what will happen to my physical assets, money and businesses if I die. I'd also like every possible organ and body part harvested and donated quickly as possible (why the hell would I still need them)??

Action to take:
1.) Make a proper set of instructions to execute in the event of my unexpected demise.
2.) Legally give my parents power of attorney over everything I own if I kick the dust.
3.) Properly register as an organ donor. Apparently there's a special registration for this...I personally think EVERYONE should automatically be an organ donor UNLESS they specifically apply NOT to be.

A few years before he died, Benjamin Franklin wrote up his own epitaph which I think is totally badass (this is the original so forgive the weird syntax):

A few people I told about this post thought it was "too much of a downer." Why? Death is such a normal part of life, I see no reason why not to plan in case it happens, or admit that it will inevitably come.

I think Steve Jobs said it best in that famous commencement speech he made:

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything - all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose.

Labels: motivation, Personal, Quotes

Made video of my first back flip attempts:

Watching that face-plant....priceless!

Labels: Health, motivation, Personal

I noticed sometime in early 2008 that I was starting to get a little chunky around the sides. I would suck in my stomach in front of the mirror and it no longer showed the muscles underneath like it used to.

Problem: I was getting fatter.

Another Problem: I was always being lazy (although at the time I never dreamed it had anything to do with food).

I don't remember a period since college where I didn't regularly get lots of physical activity or regularly go to the gym....so this wasn't the problem.

One day my mom gave me a 5 pound bag of Clementine's no one at home was eating. I took them to Austin with me. They're like mini oranges that you can easily peel. I LOVED THEM!

I liked them a lot, but would eat maybe one or two a day. I then read Steve Pavlina's 30-day raw diet experiment where he would eat only raw foods like fruits and vegetables. I had no intention of emulating this, but I was amazed at the sheer quantity of fruit he would eat. Instead of two Clementine's, he would eat 8 or 10. Instead of one banana a day, he would eat 10+.

For some reason I just didn't think of eating that many....sounds stupid, but true. I've never seen anyone eat THAT much fruit before.

So taking a cue from that I decided to up my fruit intake because I've always loved fruits. I ate pretty much the same junk I used to, but now with a whole lot more fruit. Slowly and slowly I started eating more and more, to the point where lunch was pretty much just grapes, apples, avocados, oranges etc.

Now of course I still craved heavier foods from time to time and would allow myself to pig out McDonald's (I still love McDonald's), but for the most part I was eating a lot less of everything else, and a lot more fruits.

During this time I started gaining an affinity for fruits and stopped craving junk food as much. Through the day I would snack on fruit and it felt great. The cool thing about eating that way is you don't have to really watch what you eat. Pig out an all the fruit you want.

For dinner I decided that I wasn't eating terribly unhealthy anymore, but my portions were out of control. To combat this I simply used a small plate, almost like a tea saucer to eat dinner on. I would try stacking my food sky high, but that little plate wouldn't hold much. I allowed myself to return for as many servings, but that tiny plate had to be used. I quickly found myself eating drastically less food yet being equally satisfied, simply because I didn't have much on the plate. I also stopped getting that over-stuffed "food baby" feeling after dinner.

I was still eating a bunch of junk, so I decided to not buy anything in a box. Well, I would still eat pasta or rice every night, and I suppose pasta and sauce comes in a box/bottle, but that was the extent of it. I stopped buying cookies, chips, soups, snacks or anything like that....and the transition really wasn't that hard.

I would still eat junk at a party or when it was available somewhere, but I wouldn't keep it in the house. I would also go to the grocery with one of those small hand-carts you carry instead of a rolling shopping cart. I physically wouldn't have space to put a bottle of Coke or any other non-essential item.

(I admit....I have a weak spot for Ramen Noodles every once in a while).

Some very in-shape friends also told me that roughly once a week to PIG OUT on all the bad food I could get my hands on.....and pig out I did! I would hit up the McDonald's value menu with a vengeance! Be careful though, when you eat all that junk food, you tend to crave even more junk food the next few days. It's oddly addicting.

There were two VERY noticeable side effects to my new eating habits:

1. I saved a lot of money on groceries.
2. I felt WAY better (More on this later).

I never realized how cheap most produce is. You fill a basket with everything from the produce section and you're looking at a pretty cheap grocery bill. It was an unexpected benefit.

The really crazy benefit was the way I felt after a few days of eating like this. Previously I would wake up, go to the office (two steps away from my bedroom) and sluggishly start working. Prior to that I'd usually hit the snooze button 10 times. I was sort of productive, but I always had "Fog Brain." Fog Brain is not really a tired or lazy sensation, it's just a not-as-clear-as-I-could-be sensation (which results in being somewhat lethargic).

Now I finally understand what a lot of people talk about when they start eating better and getting "better mental clarity." It sounds like some hippy peace/love crap, but it works. I was more aware, willing to work longer and had better clarity....I also slept better, but more noticeable was I woke up in the morning with greater ease. I'm not saying everyday I'd hop out of bed with enthusiasm, but waking up was MUCH easier....working out was MUCH easier...and working through problems and issues seemed MUCH easier.

I sincerely wish I had discovered this in college.

I literally cannot explain how much clearer everything seemed when I ate well for extended periods of time. The benefit was immense.

So those benefits were great, but the changes physically were the most fun. I had always worked out, so I would get larger muscles, but my body fat pretty much remained constant due to my horrendous eating habits and love of fast food. Now my body fat was shrinking, and while my muscles remained relatively constant, I could see them better. Especially around the waist and chest.

A few times a month I took a shirtless picture of myself in a flexed and un-flexed pose (These pics are from Feb. 2008 till July 2008) in order to gauge my progress.

Here are the UN-FLEXED pics. Me just standing in a relaxed pose in front of the camera (Click image for full size):

Here are the FLEXED pics. Tensing the body to show muscles better. The difference from the 1st picture to the last picture is relatively dramatic (Click image for full size):

Here are both the images above put next to each other (Click image for full size):

None of the pics have been Photoshopped (except cropping). Some things learned from taking these pics:

• Flexing vs. not-flexing looks incredibly different.
• It REALLLLLY depends on how much you just ate. Waking up in the morning I would look great, but after a big meal I'd look much fatter in the picture.
• The camera is deceiving.

During this time I didn't take any vitamins, supplements, protein shakes or any type of physical fitness product. I simply ate less "bad stuff" through moderation and a lot more "good" food.

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RE-CAP OF THINGS I DID:
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Eating habits:

• Used a hand-carry basket instead of rolling cart at the grocery.
• Didn't buy anything that comes in a box or can (small exceptions for pasta and dinner ingredients).
• Started using a small plate for everything. Took as many servings of food as I wanted, but on a tiny plate or bowl. This drastically helped cut down on over eating. If you go to a buffet, use a small salad plate to take your food.
• Once a week pigged out on whatever I wanted. This quickly showed me how lethargic bad food makes you feel in comparison with the good food.
• Started eating a lot more fruits and vegetables.
  

Exercise Habits:

• Instead of driving to gym, biked to gym.
• Joined a rock climbing gym and ditched the boring regular weight-lifting gym.
• When still at boring gym, took spinning classes regularly.
  

Motivation:
Originally I liked the benefit of losing body fat and looking ripped, but that superficial goal didn't last long. Eventually I started to slip back into bad eating habits since the motivation to "be ripped" wasn't strong enough.

The thing that got me back into eating properly is the obvious difference in my mental clarity, being unbelievably more productive than before and waking up with much greater ease. The changes to physicality are just a happy side benefit.


Unexpected benefits:
I'm quite sure NO ONE wants to hear this, but taking a poop is a much more pleasant experience when eating well (did I just say that)?? Everything comes out quicker and is a lot easier to clean up. I suppose less time spent in the bathroom can also be considered a productivity benefit :-)


Naysayers:
I've never heard so much conflicting advice about a subject like working out and health. No matter what you do for exercise or diet there will always be some conflicting opinion, study, blah blah blah...

Whatever. Just eat well. Your body is much stronger than you might expect. If you eat 3 bananas in one day you won't die of a sugar overdose, or if you don't eat steak everyday you won't start losing mass amounts of muscle. You'll be fine.


Drawbacks:

• Getting past that first "hump" of cravings for heavy foods.
• Self control when you're at a party with unlimited food.
• The first few days can be a little rough....that's why I slowly started eating better, the "transition" was nearly non-existent that way.

Sticking To It:
Since I originally took all those pictures and started this (roughly Feb. 2008) I've slipped in and out of good/bad eating habits a few times. Generally holidays and vacations help you eat a bunch of crap, and it's a little difficult to slip back into the good habits again.

Fortunately you do this a couple of times, and the "bad" binges get shorter and shorter. The quality of work and productivity is so much higher when you're eating clean, that it almost seems silly to eat bad stuff. But don't worry, you're supposed to shock your system once a week and eat horribly, so that makes it fun!

Happy eating!
-Nev

Labels: Health, Money Experiments, motivation, Personal

I'm still immature and am slightly fascinated by monetary success, and was thrilled when I first read about this simple measure of success a while back.

It's pretty much an easy way to see WHY a person (or organization) has a certain amount of wealth.

Simply look at a person or organization and ask: Who do they serve?

Look at what they do for other people and how many people they serve. Almost immediately it becomes apparent.


It breaks down like this:
Serve few + not valuable work = Little money
Serve few + valuable work = Good money
Serve few + very valuable work = Lots of money

Serve lots + not valuable work = Little money
Serve lots + valuable work = Good money
Serve lots + very valuable work = Lots of money

If you're a numbers person you can make into a simple mathematic function:
People Served = a
Value of Service = b
Success = c

a X b = c

If you want 'c' to be higher, you just have to increase 'a' or 'b' (or both).


Perhaps it's easiest to demonstrate with real life examples:

The guy making your burger at McDonald's:
Makes little money.
He performs a job almost any person can quickly learn. If he cannot show up, someone can easily replace him. Serves one organization and doesn't serve much.


Cardiac Surgeon:
Makes good money.
Goes through over a decade of grueling medical training to be prepared for any circumstance that arises in their specialty. They serve relatively few people in the grand scheme of things, but they serve those individuals A LOT (he can either save you or kill you). Can he be replaced? Yes. However there are relatively few cardiac surgeons in the general population, so it's very difficult. This means if someone is particularly "good" amongst their peers they could make quite sizable sums of money for their premium service. Serves few but serves them a lot.


Elton John:
Makes lots of money.
Provides a small amount of service (entertaining them is still serving them) to a large amount of people. Has a unique style, voice and persona that's nearly impossible to duplicate. Serves a little but serves a lot of people.


Google:
Makes lots of money.
Here's a fun one. Google serves A LOT of people (billions) and provides them a lot of service. Almost everything they offer is free, and it's almost always a few grades better than competing services that charge money. They provide lots of service to lots of people. It's no wonder they will make lots of money.

• So who do you serve?
• How much value are you providing them?

I bet your answers will clearly reflect your income. For fun, take a look at everyone around you and calculate their incomes using this method. Pretty cool huh?

Since you know this, you can now improve your own outcome (c) by improving one or both of those areas.

a X b = c

Labels: business, business ideas, motivation, personal finances

Like most crazy/new/different things in life this is generally the pattern:

1. Come up with an idea or something you want to do
2. Most people think it's crazy, silly or just "eeh"
3. You start doing it
4. For a while it's just you without much support
5. Turns out what you're doing is pretty cool
6. People starting joining you
7. More people join you
8. Your success starts to compound on itself

Perfect and hilarious example, this video (which has been buzzing around the net after it was on front page Digg):

Labels: business, motivation, Productivity

For the most part, YouTube is probably more a colossal waste of time more than anything else. Take a look at the day's most popular videos and you'll quickly see that most of them are relatively useless or at most just mildly entertaining.

Like any big group of anything, roughly 80% will be pretty useless, but there will also be a top tier with some very helpful stuff.

Despite having an enormous TV downstairs with a killer surround sound system, I don't watch TV at home anymore. I used to watch all the time, but kept asking myself "What the hell did I just do for 6 hours?" So more and more YouTube is becoming one of my most-visited sites. I've discovered a few things which make the YouTube experience educational, informative and helpful rather than just a giant distraction for bored students, people with spare time on the job and insomniacs:

USES:
Personally I like learning about interesting/successful people and how they got where they are. I find that subject fascinating. I read about this kind of stuff all the time, but sometimes it's nice to hear and see the words being spoken. I find the stories inspiring and containing many great nuggets of information.

It's also great stuff to listen to in the background whilst doing work.


EXAMPLES:

Inside the Actor's Studio:
The show focuses on celebrities who are very well known, and you often get a very introspective view into the celebrity and the work and hardships they endured to get where they are.

Obviously it's preferable listening to the celebs who had a similar upbringing to yours, but some of the others are good. Even if you weren't brought up in a poor, broken home it's nice to hear what it's like for others.

I personally just watched the Conan O'Brien interview and thought it was great.
Conan Obrien Interview


Richard Feynman
On one of my library visits I randomly read "Surely You're Joking, Mr. Feynman!" which I strongly recommend. I loved reading this book, and was introduced to the great physicist Richard Feynman with his very-not-so-scientist-like-antics and brilliant mind.

I think the reason he got so popular was his great layman explanations that help people understand complicated physics, he definitely communicates ideas MUCH better than most intellectual types.....and that small thing he did in the 40's to basically help build the first nuclear bomb.
Richard Feynman Part 1
Richard Feynman: Take the Word From Another Point of View Part 1


Berkley Physics
I find it fascinating that my dad migrated to the United States from India to get his masters from Berkley....and now I can get all of those same classes online, for free!

Berkley posts many classes online, for free, for anyone to view. No enrollment fee, regardless of age....almost anyone in the world has access to higher education. You're not going to get a helpful TA to push you along with school work, but any self-motivated person out there can participate in a top-tier college course.

I'm personally taking this Berkley Physics course right now. Getting some of the best professors and special guests in the world on any subject you like? Way better than watching 6 hours of TV.


Archive of American Television:
Sort of like Inside the Actors Studio except more in depth and un-edited. Each interview is somewhere around 4-6 hours, so you get details you normally won't hear on edited interviews.

The AAT has posted hundreds of their interviews, many names which you will recognize. The other cool thing about these interviews is they generally only interview older people who've gone through a lifetime of experiences. I like that.

It's great listening to these in the background while doing work that doesn't require intense thought.

I very much enjoyed and learned from the Ted Turner Interview and George Carlin Interview.


Warren Buffet:
Obviously one of the richest men in the world will have some good insights, and his are remarkably simple. There's tons of Warren Buffet stuff on YouTube but my favorite is this Warren Buffet Speech given to a class of MBA's.


TIPS:
If you're interested in learning about a person, simply YouTube search some simply phrases such as:

• (Their name) speech
• (Their name) documentary
• (Their name) interview

Another thing is to realize right away that YouTube user comments are probably some of the most idioc things ever.

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So while YouTube can be one of the greatest time-wasters of all time, it can also be massively helpful and educational.

I'm a firm believer that most education is learned in your spare time....so why not better yourself with YouTube instead of just wasting time on it?

Ok, fine....a double motorcycle backflip from time-to-time is OK too :-)

Labels: Education, motivation

Favorite sitcom = Seinfeld.

One of my favorite episodes was "The Opposite" where the character George Costanza does everything the opposite of his instincts.

"It all became very clear sitting out there today, that every decision that I've ever made in my entire life - has been wrong. My life is the complete opposite of everything I wanted to be. Every instinct I have in every aspect of life...be it: something to wear, something to eat...it's all been wrong."

George then has a situation come up (an attractive woman looks in his direction) that he usually does nothing about, and Jerry eggs him on:

"Here's your chance to try the opposite. If every instinct you have is wrong; then the opposite would have to be right."

He goes and talks to the woman in a very "opposite" way and gets the girl. Then more situations arise where he does the opposite. If anything it's at least hilarious.

Later on in the episode everything is going GREAT for George! His life turns around as he gets the dream girl and the dream job and says, "This has been the dream of my life ever since I was a child, and it's all happening because I'm completely ignoring every urge towards common sense and good judgment I've ever had!"



I remember originally seeing this episode and thinking, "What a great idea!" Recently I've tried slowly applying "The Opposite" mantra in any area where I don't think I've been performing well:

--If a small issue comes up (in a customer order or website issue) instead of following habit and putting it on tomorrow's to-do list I'll do the opposite and fix it right then and there.

--When I come home late and still have something left on the to-do list, I usually postpone it till the next day. Instead I'll do "the opposite" and finish it right there on the spot.

--Every once in a while I'll get a difficult customer who wants something unreasonable. Instead of getting annoyed and acting snide with them I'll do the opposite and try my humanly best to make them happy.

--If I'm on a long bike ride and hit a point I know I'll be too tired to bike back home, instead of turning back I'll do the opposite and keep going.

The examples go on.....I'm sure you can imagine a few for your own life.

Suggesting a life changing tip from a Seinfeld episode almost sounds ridiculous...but not really. Essentially I've equated "The Opposite" with motivation to do something NOW instead of waiting or hesitating. It mainly helps you push limits and break habits that were formed for no real reason. When I tell myself "Oh stop being lazy and just do it" the message sometimes isn't that convincing.

However telling myself, "Do the opposite...this particular thing hasn't worked out well in the past, why would it work now?"
....that works pretty well.

Here's some of the character insights behind the episode:


So if you're doing something you know hasn't worked out for you in the past, try the opposite!

Labels: advice, motivation, Personal