Category Archives: Habits

Living a Rich Life

Ask me when I was 12 what I wanted to be when I grew up, and short of naming a career, I also likely enthusiastically stated, “I want to be rich!”

Notice, I did not wish to be “wealthy”…but that’s another topic for another day. Youthful ignorance at it’s finest.

Who doesn’t want to be rich? Especially at a young age. Here’s the thing though, I don’t think the desire goes away as you grow older and I’ll make the argument “a rich life” evolves over time. But what does being “rich” really mean?

If I asked you, “how much would it take to be rich (monetarily speaking), what would you say?” Would the answer be the prototypical…One million dollars!!! Ok, that will last all of 10-20 years based on basic lifestyle choices. So maybe that’s not the right answer…

Right, double it! Two Million Dollars!!!!

Nope. Wrong again.

Rich isn’t about a million, or your second million, or your tenth million, although I’m all for these things. Rich is a definition of lifestyle and it’s entirely in the eyes of the beholder. When I was little I wasn’t thinking of Scrooge McDuck swimming in millions of coins. I wanted the lifestyle choices richness would provide.

A few years ago I read Ramit Sethi’s book, “I Will Teach You to be Rich” and I highly recommend it. While Ramit teaches many things on financial security and is definitely a [numbers guy] in every sense of the word, the #1 takeaway I had from the book was Ramit’s definition of, “A Rich Life”. Ramit recommends spending aggressively on the few things that bring you great joy. [note I said few, not everything]

I’m going off memory but here are a couple Rich lifestyle choices from Ramit:

  • Fly business class
  • Indulge in the nicest of sweaters (Ramit loves a great Cashmere Sweater)
  • Supply travel to family for large annual getaway

What is a Rich Life?

Ask yourself that question. What is does my “rich life” consist of?

  • To one person, it’s the ability to own their own an acreage on the outside of town, to have a family they care for deeply, and the ability to hunt & fish whenever they get the opportunity.
  • To someone in their 20’s free of commitment and short on responsibilities, their rich life is full of travel, living near or with close friends and experiencing all the world has to offer. This might include indulging in the hottest new restaurant, a great apartment and some hip fashion choices.
  • To someone in their 70’s, a rich life might look like complete financial freedom, escaping to warm weather in the winter, closeness to grandchildren and their ability to give endlessly to local charity via their time and accumulated wealth.

My point is you can make $50,000/yr and be rich. You can make $500,000 a year and be miserable in empty pursuits of “things” you think will make you happy.

Putting a holiday bow on this post, here are the elements of my Rich Life:

  • I wanted to live on a golf course (check)
  • Travel multiple times a year with wife & family. Minimum (1x to the ocean, 1x to the mountains) – it’s good for the mind & soul
  • Freedom with Income – This one is a work in progress, but I need income to show up every month regardless of employment. With the ultimate goal of financial freedom by 45. It’s not that I won’t work. It’s not needing the income to live. This creates flexibility to explore endless opportunity!
  • Experiences with Close Friends – I want to play golf and attend sporting events with those closest to me with unfailing consistency. Maybe top each off with a great meal and glass of wine!
  • Being in G-R-E-A-T physical health to have the energy and vitality to live a life free of restraint due to health limitations.

Notice what’s not on here. What I wear. What I drive. It’s all ephemeral.
~Merry Christmas all

Crushing 10,000 Pull Up Goal by +30%

Why would anyone do 10,000 Pull Ups, or set a goal for 10,000 anything for that matter?!?!? I think it’s a really fair question and one I half-assed tried to answer the last two years.

You see in 2021 I initially set the goal. But derailed by some health swings, I honestly just lost momentum…and momentum is everything! So I gave up trying. My efforts netted me somewhere in the 4-5,000 range. Not bad, but nowhere near my target. But I was committed to get back on the horse.

2022 yielded better results, but no completion. I was north of the 5,000 number achieved the year before, but again just lost momentum and daily focus.

Easy to Do, Easy NOT to do

Below is a powerful image of the Slight Edge principle. Small efforts, magnified over large swaths of time = BIG RESULTS. But as with anything, it’s easy to do, easy NOT to do. In 2021, and in 2022, I fell the path of Easy NOT to do.

Just How Easy Is It?

Let us look at the 10,000 reps two ways. The first is proximity. I’ll label this one incredibly easy as I “work from home” most days and my pullup bar is in my basement storage. Easiest of Easy. The second is the math and here’s how I thought about it when I initially laid out the goal. In a 365 day year, I figured for a few days off as the calluses do build up. So I rounded to the easy math of pull ups for 300 days a year.

10,000 pull ups/300 days = 33.3 per day. Rounding up, could I do 34 per day?

A set of 10 was hard, but doable at the start of this journey. So completing 34 pull ups per day wasn’t a monumental struggle. Doing it for 300 days in a year, that’s different! The challenge isn’t completing the reps. The hardest part is sometimes remembering to do it because a day missed, meant the next day was owed 68, or 102, etc. Lose a week and lose 238. This really starts to add up and is such a microcosm for life.

Aristotle said: “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” 

So Why Do It?

I’m not good at finishing things. I’m unreal at starting, ideas, concepting, strategizing and knowing exactly what it takes to get there. And then I get bored!!! I wanted to achieve the target to prove to myself I could push through the boredom and see it through to the end. I needed to FINISH.

Where are we now?

As of the time of publishing this it’s early December, and I’m past 13,000 reps headed to 14,000+ reps before the end of year hits. After I hit 10,000 back in September, I reset the challenge and started adding weight to the reps for added difficulty [Momentum building and harnessing at it’s finest]. By the way, lets do a quick check on the math noted from above. 14,000/300 days = 47 day. So only 13 more reps per day…but EVERY, DAMN, DAY!

What did I learn?

Big goals become achievable when broken down into manageable pieces and pursued with unwavering determination. Consistency is the key to success, as it leads to momentum. Like an object in motion, once you start, you keep going!

Just making the effort to show up is 90% of the battle. Even when I was traveling, I made it a point to find a few minutes in the hotel gym to get the job done for the day. Yes, I did this several times while traveling.

What will the pursuit be in 2024?

Great question and I’m working on that 😉

PS – If you’re the type that wants details, here is the pull up bar I used. My first bar cracked in mid-2023. So after some research, I purchased the link below on Amazon as I found the bar to be really sturdy (I’m 170-175 lbs.). 

Intercepting the Signal

I’m going to make the assumption I’m like most of you, and I spend a fair amount of time on my phone. I’m digitally connected across many channels, all doing their very best to steal away my attention, and at the same time, sell my attention to advertisers.

In the last week or two I’ve been tempted with the following ads. All are brands I like, and some I devour. All are reasonable purchases I could make, almost in an instant. Here are a few examples:

  • Travis Matthew – 40% off Sale. Sounds like a helluva deal on essentially everything in my wardrobe. Almost seems too good to pass up.
  • Nike – Back to School Savings. Again, I’m a sucker for fresh pair of sneakers, so browse, browse away. New Jordans, Air Maxes, or running shoes. Sure! Golf Jordans?? Double check!!!
  • BYLT Basics – I love their t-shirts as they really fit a slender fella like me well. What colors could I add to the collection? Everyone needs a good t-shirt or two, or two more
  • Vuori Clothing – Haven’t purchased a single item just yet…but I’ve browsed about 100+
  • Rhoback – give me all the golf polos please and thank you! While you’re at it, throw in a few of those buttery soft hoodies too.
  • Wolf and Shepard – Again, I’m a sucker for shoes and I could easily see a pair of these in my closet. Equal parts sport and style. Just up my alley.
  • Ledbury – Best dress shirts I’ve ever owned. Period. And I’ve probably got 10 of them. Get yourself one. “Slim Fit” if you’re built like me.
  • Target – I don’t even know what I was looking at other than maybe some new kitchenware (sexy I know), but who can’t drop a quick hundo at Target?!?!?

At some point amongst my scrolling, a wave of clarity came over me and I zapped out of the fog. It was almost like a cool breeze you feel in the fall when you realize the temps have turned from a warm Southern breeze, to a cool North wind. What the hell was I looking for?

Let me say this again. What was I looking for?

I feel very comfortable saying this. I could easily purchase any one of the brands noted above, or even spend $1,000 on a digital shopping cart full of “new gear” today. It won’t change my life. I’ve thought of buying a Rolex numerous times to reward myself for a sense of accomplishment and as a symbol for achievement. Will it make me happier? No. Does it tell time better than my Apple Watch? No. ~Side note, pretty powerful brand story for me to make the achievement association with a watch. Quite fascinating really!!

Spending $100 or $1,000 or $10,000 is incredibly unlikely to make me happier. It won’t change my life. It won’t elevate my position with my family, it won’t make new friends or make the current ones I have like me more.

Disrupt the Comfort Channel

Fifteen years ago I lived by myself in downtown Chicago. On weekend strolls, I spent a great deal of time walking in and out of stores on the magnificent mile. Every notable brand wasn’t only available, it was at my fingertips. Young and ambitious to a fault, I would often go on ‘lifestyle seeking expeditions’ for the person I was striving to become. What did the wealthy wear? What did they drive? Where did they live? Where were they eating? It was all very tempting to the senses.

What I was able to learn on these walks, was 99% of the time, I was able to intercept the need for comfort or status and I bought NOTHING. I was able to go through the entire cycle of imagining, finding an item, maybe even trying it on in a dressing room or touring an apartment, and then asking myself the most notable question anyone can ask…

Do I really need this?

I’m not a monk. I want to drive a Ferrari, eat filet mignon and play Pebble Beach.

I’m not holier than thou and I’m a “consumer” in every since of the word, living in a capitalist country with sizable marketing budgets available to grasp my attention. What a beauty to be free right?!?! That said, I can intercept the signal and still appreciate living in a nice house and driving a nice car. Take them away tomorrow, I’m still who I am.

Who owns who?

Do we own the things around us, or do our things or the pursuit of things own us? I will buy more Jordan sneakers. Someday I may purchase that Rolex. But I won’t associate a false level of happiness to such a meaningless thing no one will care five, or especially 100 years from now.

“How good it is when you have roast meat or suchlike foods before you, to impress on your mind that this is the dead body of a fish, this is the dead body of a bird or pig; and again, that the Falerian wine is the mere juice of grapes, and your purple edged robe simply the hair of a sheep soaked in shell-fish blood! This should be your practice throughout all your life: when things have such a plausible appearance, show them naked, see their shoddiness, strip away their own boastful account of themselves. Vanity is the greatest seducer of reason: when you are most convinced that your work is important, that is when you are most under its spell.”

Marcus Aurelius

Satisfaction (Haves/Wants)

For a thoughtful listen on the topic of happiness and goals, I highly recommend a listen to Arthur C. Brooks on the Tim Ferriss show(YouTube). Here is the podcast link as well.

When the GRIND Sets In

The “GRIND“: opposing parts desire and dissatisfaction.

The GRIND is glorified by athletes and entrepreneurs as they put in rep after rep in the lab. This grind is rewarded with sweat, performance breakthroughs and improvement through struggle. Instagram post = “Out here Grindin!” Courtesy of DJ Khalid

To the opposition, the GRIND is met with vitriol. Their Monday through Friday work is a GRIND. Showing up for the man. This grind is rewarded by ending whatever misery is being participated in…likely Friday at 5pm.

FALL IN LOVE WITH THE PROCESS

Nick Saban’s love for the process is well documented. Alabama’s entire program and dynasty revolves around “the process” and doing the next play, the next rep, with excellence. One at a time. Every time. In the present moment, with excellence. Forget yesterday. Don’t worry about tomorrow. It’s about performing NOW.

Watching a video from Bedros Keuilian on YouTube, he spoke to the power of a rep or repetition as it relates to confidence. He said the following and it really sunk in.

REPS REMOVE DOUBT

I’ve written extensively about the role of momentum and confidence in life. You either have momentum and life is flowing to you, or you’re working on rebuilding momentum and fighting headwinds. When things are rolling, confidence is high. When challenge is omnipresent, doubt is high, and confidence is low. But how does one build confidence back? How do you get your mojo back?

Build confidence, by Doing the Reps. Bedros said, “repetition removes doubt!”

Notice he didn’t say, repetition guarantees confidence. He went the other way. It removes doubt. When doubt is gone, I believe we’re able to be our [best self] and flow infinitely into whatever task we’re pursuing.

Where do I see this in real life? Let me tell you:

  • Coaching 8-year old Travel Baseball: The progress some of these kids have made since February is gigantic and it isn’t luck. It’s repetition. Many began the year with some level of FEAR. By the way, the wiring in an 8-year old, is the same wiring in all of us. Think about that for a moment.
  • 10,000 Pull Up Goal: I set a goal at the beginning of 2023 to knock out 10,000 pull ups. As of this post I’m at about 6,400. Flowing easily toward and well past my target. But there is no easy path to 10,000. It’s every day, one rep at a time.
  • Sales Teams: I’ve lead and coached many sales people and teams in my 20 professional years. The best/most successful, do the reps with rabid consistency. Luck isn’t bestowed upon the consistent high achievers. They stay in the work and eliminate doubt with consistent preparation and action.
  • Peloton Practice: When our Peloton [handle: zkeeney] arrived in the fall of 2021, I wasn’t sure I’d be into the work. I’ve never been into cycling and I’m typically bored quickly if I’m not on the move. But I committed to doing the first 20 rides. Today I’m over 500+ rides and there are many days I need the work, like I need oxygen. I’m in love with the reps. I’m in love with the sweat and competition.

Whenever I find myself stuck, unable to start a big project or long journey, I focus on taking the first step, in the right direction. Action is key, but so too, is focused direction. Then show up again. And again. The rest will take care of itself when momentum sets in and kinetic energy is flowing.

Looking Good, Feeling…Frustrated

I’ve always been particularly aware of how I look. I would even be so aware to call it vain at times. Today is no different. The guy on the left is prideful of the work and results. The guy on the right knows the inside looks presents different challenges from the outside.

It’s the end of the month, which means I’m wrapping up my monthly scorecard. The sole reason for my Monthly Scorecard is to focus on those efforts which provide vitality and energy. The side effective is a positive one, and it is being in shape. But I believe it also helps keep my autoimmune disease at bay, most of the time…

Another Spring Time. Another Flare.

I believe this is the 3rd year in a row I experienced an Ulcerative Colitis flare up. I know for certain I had one last year and I’m pretty sure I had one in 2021 as the stress from Covid was having a major impact on everyone’s lives. Myself included.

Starting 2023, I was going to really attack the Scorecard work and ensure I was showing up for those around me as my best self. I’ve been incredibly diligent with my exercise and diet. Not perfect, but very few slip ups or cheats along the way, so the most recent internal discomfort came as a real shock to me. I was controlling the things I could control to a large degree. Here I am talking again about the word control. It was a prominent theme in my post about receiving therapy through Better Help. This is where I’ve spent time reflecting this last week as I had to miss out on a business trip.

The Illusion of Control

The whole reason for the monthly tracking was to distill down the essential efforts which selfishly, make me feel great as a person. It shouldn’t come as a shock, but with consistency my energy is higher, my sleep is better, my body “looks” better and I’m in control of my symptoms…but am I????

I realized the scorecard work is a daily mechanism and a lever of consistency I can count on. What it isn’t however, is a forcefield of control. I’ve yet to truly find out how to stay in remission 24/7. I am learning through trial and error the elements of my lifestyle I have to avoid or limit.

I have a disease. The disease doesn’t have me.

I got to a point the last week or so, which some may call submission. Brilliant doctors across the globe are studying this disease and how it’s triggered. They’re studying how to treat it and keep their patients in remission. Right now, there isn’t a true “cure” so there is a good chance it could be with me for some time. I’m keenly aware of this and I know I’ve also navigated similar disruptions in the past. ~This too shall pass.

Although the physical aspect of the disease isn’t pretty, and I don’t wish it on anyone, I think the mental piece is actually harder because it is omnipresent. These are the daily thoughts of someone with Crohn’s Disease or UC:

  • What am I going to eat, and how will it make me feel?
  • (if) for some reason I shouldn’t feel good, is there a restroom nearby?
  • if not nearby, where is the closest one?
  • How long are we going to be in the car?
  • Am I actually feeling really good today… cup coffee, or a beer sounds lovely (but also problematic)
  • How long will I have to be on this medication?
  • How do I tell those close to me I need to back out of _____________ (meeting, event, trip, etc.) without being a huge flake?

Searching for the answers to these daily “lifestyle” questions can be anxious and exhausting and why I spend so much time trying to sharpen my mental axe. I know the disease is going to punch back, and when it does, I need to be ready. I need to be ready to show up for my family, my friends, my coworkers and yes…myself!

Perspective is Always Necessary

I have a friend battling cancer. First it was lung cancer (and he never smoked), he beat that…TWICE! Now he’s fighting the same fight against brain cancer with complete faith and his wife by his side. Wow!! To be that strong. Remarkable doesn’t even begin to describe it. But you can read about it here: Eat Pray Breathe

I leave this post thinking about reading more research and trying to gain a better understand of what “springtime” in the midwest has to do with my body annually battling inflammation. I wonder if others experience similar seasonality with symptoms? Either way, tomorrow is May 1st, and it will be back to work on restoring vitality and continuing momentum!

PS – my wife is amazing and always picks up the slack.

January ’23 Scorecard Results and Feelings

It’s my first month recapping my newly refreshed personal scorecard and the most important reflection of any month is two-fold for me.

  1. How do I feel? (Physically, Mentally, Spiritually)
  2. Where is my momentum?

I made a few noticeable scorecard changes headed into 2023, all of which draw me closer to creating positive momentum in my life, relationships and general wellbeing. If you’d like, you can catch up on the revision news here [Evolution of the Scorecard].

How do I feel?

As we recap January I feel physically great. To be very candid, I’m actually really tired of the snow and cold weather…but I control neither of those (other than booking the nearest flight to tropical waters). As for what I can control, I worked out 24 times in January. I set (4) PRs on Peloton rides, which I believe is more than any other month since I started riding and even stacked a couple Two-a-Day workouts. I cranked out 1,660 pull ups in my quest to conquer 10,000 annually in 2023. I’ve also been following a more disciplined food regime (I wouldn’t call it a diet). The Wahls Protocol. My ulcerative colitis symptoms are in remission or non-existent and I’m generally sleeping well. Coincidence…or momentum harnessed as a result of the work?

Mentally I also feel like I’m in a great spot. I can’t say I’ve had any real headwinds to battle, other than about this time every year, I get sick of being cold and dark. Winter UGH. I would like to work a little harder on my daily discipline with my mediation work, because when we least expect it…that’s when life sends challenges. That’s why we prepare every day. Work to do here. Easy to do. Easy NOT to do.

Spiritually, I feel pretty good as well. I actually took the time to make note of a few bible verses during recent Orchard Hill sermons and did something I haven’t habitually done, which is return back and read them at a later date and reflect upon what I needed to ingest. The only gap in my “pretty good” response is my wife and I are looking for a more permanent church to call home and to integrate the kids. As with many things, I think some focused action here will win out.

Where is Momentum?

There are times when I feel like I mention or reference momentum too often. There are other times when I feel like it should be talked about much MUCH more. The importance of generating momentum is a critical life skill because we all get knocked off track sooner or later. It’s knowing how to get back on track (quickly) that’s a real life hack! Everyone is looking for “hacks”, so why not figure out what gives you energy and results in jumping out of the blocks quick…like a spry rabbit.

I’m fulfilled with the tailwinds January generated. Beyond the exercise, I’m happy with executing a 24+ hr fast and spending focused “date” time with Mrs. Keeney. We had a couple lunches together and a night out with friends which was so much fun and needed!. Fasting and Date Night were each new additions to my monthly focus, and I’m happy to say each was COMPLETED in January.

Do the work. Get the reward.

It comes as no shock to me I’m feeling energized wrapping up what usually feels like the l-o-n-g-e-s-t month of the year. I identified those essential activities which give me energy and vitally. I completed the necessary efforts with discipline and momentum is my reward. Simple. But not easy.

I leave you with this challenge.

  • Where are you with generating momentum in your life?
  • What’s keeping you from defining the essential efforts in your life?
  • I’ve heard from others who were looking to create similar “Scorecards” – would you be willing to share?

I look forward to hearing from you!

The Evolution of the Scorecard

I’d been mulling changes to my scorecard for a few weeks now, and some recent reading is telling me NOW is the time to evolve my monthly tracking ritual.

Welcome to the 2023 Version of the Keen Mind Scorecard

First off, lets note the elements that didn’t change:

  • Meditation – This discipline remains a staple in my monthly effort. 20X minimum.
  • Exercise – There is slight change in this area of focus with a +2 increase in monthly minimum effort.
  • Church – No change to this effort from previous scorecard.
  • (2) Books – No change. I’ll continue to strive to consume one written and one audiobook per month.

Now for the NEW STUFF:

  1. 24-Hr. Fast: I got to this one in a roundabout and rather unconventional way. I’ve had my fair share of colonoscopies for a 40-year old. That said, I have learned something from this process. Each colonoscopy requires a 24+ hour fasting period as “prep” for the event. Prep is a funny word, as they really should call it [aggressively] draining every ounce of food in your digestive track. Either way, I’ll consume only coffee, tea, or water in this process and a really interesting thing happens. It feels odd from about the 12-16 hour mark because I’m typically hungry, but then it feels like my body really settles into the challenge. From here, I do feel a slight boost of adrenaline and mental sharpness. This is also when the body starts to detoxify itself and heal…two things my Autoimmune condition can really appreciate. For all these reasons, I’m going to attempt to conquer one 24 hour fast per month. Easy to do, easy NOT to do.
  2. Dating My Wife: I was primed to add this to my monthly scorecard by reading The Warrior Book. Balance is one of Garrett’s areas of focus with his family and his “date night” is something they DO NOT gravitate away from. Selfishly speaking this is something my wife and I can work on. We’ve got two young kids (4 and 8) and we’re busy. But we’re not sooo busy that we can’t make time for just the two of us to reconnect. Honestly, I was going to only have 1x per week on here, but that felt lazy and pretty weak candidly. So two it is. Grab a babysitter and get out there!

Pass on Resolutions – Find Momentum

As I’ve challenge many before, don’t go the path of New Year’s Resolutions. Instead, I challenge all readers to find the things that truly make you “feel good” and hone in on the frequency needed to gamify your own lifestyle. When you see it on paper in front of you, accountability ensues.

As former Navy Seal Jocko Willink says in his NY Time Bestseller: Discipline Equals Freedom. My scorecard is my connection to freedom.

~Happy New Year All!

PS – Here’s a short list of the elements that didn’t make the list:

  • Ice Bath – I was thinking of a 6-8X a month Ice bath but I’m going to leave that one alone for now and see how the current revisions play out.
  • Charitable Contribution – I was considering sticking to a monthly dedication of a charitable donation, but we do a pretty good job of this and didn’t feel the need to stay after it on a monthly regimen.
  • Kids Date Night [with each child] – Kids need total focus too and I was REALLY close to putting this one on there. I’m going to keep it in mind as my wife and I work on our accountability.

My Results. My Intentions

The King of Pop stated it simply,

“I’m starting with the Man in the mirror, I’m asking him to change his ways”

I am the Man in the Mirror. The reflection of the results I see, are a direct output of my intentions from 2022. David Goggins in his book, Can’t Hurt Me, spoke to himself through the reflection of his Accountability Mirror. The mirror doesn’t tell lies or have feelings or stories. The mirror and the reflection it produces only reflects the truth.

As I move forward into a new year, I will NOT be stating a New Year’s Resolution.

Instead, I’ll be writing down and reinforcing my intentions for the days and weeks ahead. Sum all these efforts together and I’ll have a year’s worth of progress.

Tony Robbins has a wonderful saying and I think it jumps off the page in relationship to this post.

We don’t get our shoulds…but we get our MUSTS!

Although this is obvious and I love it, I feel like intentions can sometimes be more subtle. Here are a few examples:

  • I “Never” miss an episode of ______________________ (that’s focus intention)
  • Wednesdays are my boys night where we meet up and have a cocktail (that’s time intention)
  • I’ve got to have the newest _________________ (that’s spend intention)
  • I always have a beer watching the game (that’s body/diet intention)
  • The 2nd Thursday of every month is date-night for my wife and I (that’s balance/relationship intention)
  • Wednesday mornings I time block to study and look deeper into my business (that’s time intention)
  • July is the month we always take a week-long family vacation (that’s balance intention)
  • I try to never miss a day without a green smoothie (that’s diet intention)

None are good. None are bad. They are simply focused choices.

We all have the same amount of time.

That’s the mindf*ck of it all. If you want to get super deep in the idea of time management listen to this Ed Mylett podcast [Respect and Protect Your Time] with guest Rob Dyrdek. Rob has gotten maniacal with the focused distribution of his most valuable resource: Time.

As I head into 2023, I’ll be refining my intentions for the the Warrior’s Way and making daily progress on: Body, Being, Balance, and Business.

If I start a post with MJ, I’ll end with MJ.

If you want to make the world a better place, better look at yourself and make a change

I know what I want and I’ll get after it with intention. Results are certain to follow.

Reconnecting to THE PATH

Last week I was in Chicago for a host of meetings with clients, a Holiday Extravaganza and a Basis Holiday party. By the way, I get the “Holiday” thing, I’m just not used to it. I want to say Christmas Party and it isn’t because I want to offend anyone.

Anyway as I stray from the path of this post, my travels encompassed a few days of eating out, coffee, lunches, cocktails, and a couple late nights (add karaoke). All this sent me traveling back home feeling puffy (inflamed) and needing a good night of sleep. For me, this is a BIG DEAL!

Coincidentally, I stumbled upon this YouTube Video from Jocko Willink with guest Tim Ferriss. Please watch.

“Never Stray from The Way” – from Miyamoto Musashi.

It is the path of discipline and discomfort, but it is the RIGHT path.

Get on the Path. Stay on the Path

You might be asking, what was really different from last week’s travels to this week? I’ll tell you.

  • DIET – I follow a pretty regimented diet. I won’t say entirely strict, but my time at home almost always includes at least one smoothie a day (Purple Smoothie for breakfast), and most days two smoothies. It’s a simple and efficient way for me to consume a ton of fruits and vegetables while maintaining a good diet.
  • EXERCISE – My current rhythm calls for 5-6 days of working out a week. In Chicago I was as effective as the Buffalo Bills in the Super Bowl. (0-3). Zero Peloton rides. Zero push ups/pull ups. Zero runs.
  • MEDITATE – I try and hit at least 1x per day at home. Some days I hit two. When I was traveling I also couldn’t get off zero.
  • SLEEP – It shouldn’t be a shock, but when the three key elements above are met, I sleep well. Not meeting usually I don’t get a restful night of sleep. Anecdotally, mix in a little alcohol and a late night Karaoke session and quality sleep isn’t likely to follow that recipe either.

The elements noted above are the north star guiding my compass to keep me progressing on the The Path. I find this similar to the work I’m doing while reading “The Warrior Book” by Garrett J. White and his Wake Up Warrior Movement. Garrett’s path for all warriors is to “have it all” by mastering: Body, Being, Balance and Business through a focused daily practice.

I know my Path. Following it is entirely about discipline.

Following The Path does three powerful things for me.

  1. It’s a Reset when I’ve strayed from the things that give me the most vitality (usually to a state of low energy)
  2. It generates tremendous momentum. Stacking days on the path leads to a vitality and vigor
  3. The Path = Freedom. I harken this to Jocko’s book: Discipline Equals Freedom.

This personal view also doesn’t account for those things that drive success in my business life or my role as a husband/father. But it does help me show up as the best version of myself.

My ask to any and all readers is to find your path. Be intentional with your efforts and time so you can deliver your best self to all other elements of your life.

This is just like the instructions a flight attendant gives you if/when oxygen masks are deployed during flight. PUT YOUR MASK ON FIRST!! If you can’t give yourself oxygen F-I-R-S-T, your ability to help others is irrelevant. The Path is our oxygen to help ourselves and others!

I’m fortunate to be “off” the next 11 days, and I look forward to owning my Path and catapulting myself into 2023.

~Merry Christmas All

Changing Views on Retirement

When I started out in my working career I’ve always thought very intentionally about retirement. You know, that mythical creature we’d all hope to reach by the ripe ole age of 65!! I might look something like the picture above (PS – Thx Snapchat Filter)

I began as most do, with an employer sponsored 401K and began socking away money for a day that “could be” 40+ years from when I started. Initial learnings of OPM (Other People’s Money) became apparent as my contribution was “matched” by my employer. I supplemented this work 401K plan with a ROTH IRA contribution. Post tax dollars invested for a similar “someday” but these dollars would not be taxed as they grew or when they would be redeemed. Decent start for someone early in their 20’s…or so I thought.

All that seemingly remained to accomplish my goal of retirement would be to:

  • Continue to grow earnings & investing with consistency over time
  • Reduce expenses and debt (this almost always makes sense)
  • Hope the market continued to grow as it had the last 90+ years
  • Don’t die…

Don’t Die?

Killer Strategy (no pun intended!). When saving for “Someday” the importance of don’t die took on a new light when I got into my 30’s and continued growing personal income. I began to question the ideals behind saving and investing (buy, hold, pray) during the best years of my life, so I could retire somewhere in Florida to ease my arthritis and work on my shuffleboard game in my 70’s at a measurably slower pace of life.

The goal isn’t to stash away money for 40-50 years so that some day when I’m 75 and have limited mobility I can be as free as a bird (from expenses). It takes too long!!! What if I wanted to retire 10 or even 20 years sooner? How could that happen?

Mindset Shift

Through an introduction of some terrific business friends, I read, listened to and re-listened to The 4-Hour Work Week, by Tim Ferriss. The “new rich” as he’d described saw retirement not as the end goal, but more a means of being throughout life. Scheduled “mini-retirements” were necessary to live life to the fullest now vs. saving it all for a future someday (the end). This began my learning journey of my 30’s.

Concepts like: Business Ownership, Monthly Cash Flow, Time Management and Target Monthly Income (TMI) became common place in my retirement planning while learning from the “new rich.”

The Rich Don’t Work for Money

I dove back into the classic Rich Dad Poor Dad and the classic teaching from Robert Kiyosaki. I started asking simple questions of the wealthy. How did they get there? What do they do? More importantly…what do they OWN?

Assets like a 401K, IRA, or Roth IRA weren’t accessible until 59 1/2 years old (without substantial early withdrawal penalty) and they’re subject to high tax. As I grew in my knowledge, I also became more aware of taxes on the impact of wealth creation and wealth preservation. Would taxes likely be higher 30 years from now….I’d venture a strong HELL YEAH, at this one!

I’m an incredibly visual person and so at 38I drafted this visual to unlock the answer to the question,

“What would it take to retire at 45?”

What would it take to require at 45?

Pretty simple answer. Produce monthly cash flow from investments that exceeds > current expenses. Period. End of story. Invest in assets which produce cash flow. [From: Rich Dad Poor Dad]

There’s a critically important point to make here. I’m 99% sure I won’t retire at 45 to a john boat, weekly fishing expeditions, morning coffee with the boys, and afternoon golf (daily). But, that doesn’t sound too shabby does it?

Back in 2013 I started what I call “Dream Bucket 2027” which is my plan to freedom at 45 years old. I sometimes interchangeably call this mission the “Freedom Fund” as I’m talking about it and investing in assets.

Familiar with the F.I.R.E. Movement?

Financial Independence Retire Early. If you’re not familiar with Mr. Money Mustache, this would be a good side track for you and another POV on early retirement if that’s the mission you’re on. His “mustachian” philosophy is that of aggressive saving and passive index fund investment and aggressively limiting and/or eliminating expenses for financial freedom. Different path, but similar destination in mind.

Where do we go from here?

Today I continue investing in cash flowing assets (primarily real estate) and I feel well positioned given the recent explosion of inflation. I’m also doing a great deal of learning about TAXES and how the wealthy navigate this space (legally)to keep more of what they earn. If you’re wondering why the wealthy don’t pay taxes, consult the IRS Tax code. The tax code is simply a series of “incentives” from the government. The wealthy understand how to use the code. Tom Wheelwright does a terrific job with his TAX FREE WEALTH books and content on this subject.

Nothing Happens without Income Growth

I’m certain there are differing opinions here, but I’ll make this very simple. The first step to any retirement or freedom journey is to MASSIVELY increase your income. A person can live very comfortably and with large steps forward with their income many options will become available. I recommend following Grant Cardone for income explosion inspiration and concepts. I’ve read a few of his books and they’ve been helpful on my journey.

As I move from my 30s to my 40s in 2022, I look back at all the learning I had in my 30’s and how different it was from the learnings of my 20’s. I’m looking forward to further mindset shifts in my journey and I look forward to updating the readers on my DREAM BUCKET journey.