Should I Haggle For Something? Depends. What’s My Time Worth?

MoneyThere was an interesting post on Lifehacker recently about when is it worth to haggle. They had all kinds of ideas on what was worth bargaining for and what was not, to which I say, nonsense! How can you make this kind of decision without knowing the value of your time?

My time is worth about $75 per hour. How do I know this? Because that’s about how much money I can make in an hour if I focus just on making money.

  • This is based on my current consulting rate ($150 to $200 an hour)
  • Take into account the amount of time it would take me to find consulting work
  • Take into account the point of diminishing returns, which means I can’t literally spend 24 hours a day consulting
  • Take into account the amount of time I need to spend on breaks, eating and so on

So if X time devoted to bargaining is going to net me Y money, I should see if X over Y is greater than $75/hour. [Read more...]

Never Be Afraid To Talk

Talking is like breaking through the walls imprisoning you.

I used to be the kind of guy who was scared to say what he wanted.  The more I liked someone, the more I hid away what I really wanted in an effort to keep them happy.  It’s a stupid habit and it’s one of the things that caused my first marriage to implode.  Well, I’m not that person anymore and I recently had proof of that when it came to my healthy lifestyle.  You can read about it on my fitness blog but I’ll give you a quick recap here.

Basically, my wife and I were spending too much time in restaurants which caused me to eat too much.  One quick conversation later and we came up with a much better lifestyle which is working out great so far.  It wasn’t hard, it wasn’t scary, it was just a conversation and it led to a great solution.

Bottom line, if you can’t tell your partner (or best friend or parent or…) what you want, you’re in trouble.  Either you need to overcome your fear of communication or the person you’re trying to communicate with doesn’t belong in your life, either way, you have a problem.  You should never be afraid to talk with someone in your life, ever!

I’m Asking For Your Help

Help wanted sign

I'm hiring!

As you all know, I’m currently trying to launch Diamonds or Dogs.  As you’ll see in Wednesday’s post, my next stage involves generating traffic for the site before I try to raise some venture money.  In order to that, I need your help.  How can you help you ask?  Well, I’m glad you asked!

First, I would really appreciate feedback on the site itself.

  • Is anything broken?
  • Is anything misspelled?
  • Any technical issues?

I’m aware of the current issue with recommendations (you may also like…) sometimes recommending things they shouldn’t. Anything else?

Second, what do you think of the site’s content?

  • Would you use a site like this?
  • How can I make it better?
  • What’s missing?
  • What do you think of the items and reviews?

Third, would you like to be a reviewer? That means you’d need to send me a profile and then 1 review every two or three weeks, and yes, you get a cut of the profits if your items sell well. Does that sound like fun? If so, contact me and let me know.

Fourth, assuming you like the site or a specific gift review, I’d really appreciate some free publicity. That means:

  • Like one of the items features on the site on Facebook. I’ve tried to make that easier by including “like” buttons on the bottom of every item review.
  • Share the site with your friends who may not see this post
  • Tell people about the site or about specific reviews
  • Retweet reviews

Essentially, spread the word about the site and any specific item you may like. Who knows, maybe someone in your life will get the hint and buy you the item you “liked” :)

Thank you all very much for the help and I look forward to helping you with your own endeavors in the future!

Products Don’t Need To Be Perfect, They Just Need To Be Good Enough

This entry is part 2 of 3 in the series Diamonds or Dogs

Steve JobsPerfection sucks. It’s the enemy of invention, it’s the thing that holds you back. Trying to reach it might be an ok goal but never finishing a project until it’s perfect is the work equivalent of dry humping, it feels good but you never really get to the point. Sorry, but perfection can go to hell, I’ll take good enough any day of the week.

I say all this because I’m struggling with finishing up Diamonds or Dogs, my gift site. There are so many things I want to do. I need more reviewers, more reviews, a better landing page, a better “about us” and more information on why the site is the way it is. That’s just the beginning of my to do list. However, the more I try to get the site perfect, the more I push off the important task of starting to drive traffic to the site. Yes, I want the site to look good but I also want to start doing marketing for it. I want to start linking to it, telling people about it, running an AdWords campaign and the dozens of other things I will need to do in order to get people to my site. I’m not doing any of those things because I’m working on the landing page… [Read more...]

Tell Them You Love Them

Love ? I love love love you.It’s 4:47pm here on the west coast and I just sent Julie a text telling her how adorable she is.  Actually, my text read “I’m calling your boss and telling him he should give you the title of VP of Being Extremely Adorable”.  I love sending her texts like these.  I imagine her reading them and smiling and it just makes me happy just to picture that smile.

Think about that for a second.  I brought happiness to someone I love and it cost me absolutely nothing.  I didn’t have to buy flowers, order chocolates or book a trip to the carribean.  All I had to do was take a few seconds out of my day and text her some words that express how much I really loved her.  How easy is that? [Read more...]

The Plan For 2012

2012 !Earlier I wrote about my plan for 2011 and how that went, this post will be devoted to 2012.

Each of the items below is something I want to do or accomplish this year.  I’ve gone ahead and created a project for each one of these (nothing fancy, I just use tasks in Microsoft Outlook to track these).  Each project has various items under it that represent to do’s or tasks.  Accomplishing these tasks may lead to more tasks.  For example, when I figure out what I want to build from scratch I’ll have more to do’s around buying materials and making blue prints.

Each of these projects has measurements attached where possible.  These measurements are used to indicate success or failure.  for example, the blogging goal has a measurement of 1000 users per day to indicate success.  I then take this measurement and figure out what I need to do in order to achieve it.  Some goals, like children, have no measurements attached but in such a case I usually make a note to myself about why is it that I’m tracking this goal.  For example “I want to be a good parent”.  This will help me figure out what I need to do.

So, without further ado, let me introduce you to my grand plan for 2012! [Read more...]

How Can I Change The World? Or At Least My Country

Darwin - Very gradual change we can believe inSo, if I think both the OWS and the Tea Party movements suck, how exactly would I go about changing the world?  It’s an interesting questions because one of my goals in life is to leave this world in a better condition than I found it.  Whether or not I have kids, I want my impact on this world (and on my country) to be positive.  I don’t need to be the next Abraham Lincoln or Tim Bernars Lee, but I would like to have a net positive impact.  This is especially important to me these days when the world seems to be in a bit of trouble all around.  We have environmental issues, economic collapse, political instability, leaders who seem clueless and politicians who seem completely out of touch.  In the face of all this, it’s easy to feel powerless and just give up.  However, there are still plenty of ways in which one person can have an impact and I’m going to use this post to list a few. [Read more...]

Why The Tea Party Sucks

Tea PartyFor those of you who wondered if I was a raging conservative after reading my review of the Occupy Wall Street (OWS) movement, I present my counter argument in which I tell you why I think the Tea Party sucks just as badly.

As opposed to OWS, I find the Tea Party rather effective.  They seem to have gotten their act together as a grass roots movement that is having a big impact on the Republican party.  What I find distasteful about them is their mix of economic and religious policies. [Read more...]

The Difference Between Men and Women, Especially When It Comes To Gift Giving

women and menIt’s funny how clearly some things seem in retrospect.  I was reading a book about the art of a happy marriage when a thought occurred to me.  It was the answer to something that’s been bugging me for weeks now.

You see, one of the few points of contention between Julie and I has been my time management.  She wants me to spend more time with her but I’m too busy with work and friends and such so instead I show my love through doing things for her.  I cook her dinner, I make her lunch and I even constructed a hammock for her in the backyard.  So when she tells me “I don’t seem to be your priority” I think to myself “that’s crazy, everything I do I do for you!” (Yes, that’s also a lovely Bryan Adams song).

This has been bothering me for a while because I truly love Julie and I don’t like it when something comes between us.  How can she think she’s not my top priority when she so clearly is?  I would do anything for her.  Whatever she wants or needs, I’ll go get.  Whatever she’s missing, I’ll go find.  How can she possibly even think for a second that she’s not my top priority?  Except what I failed to remember is how differently men and women think and that’s what this book reminded me of. [Read more...]

Dealing With Disappointment At Work

DisappointmentThe last week was not a good week for me professionally.  It started by with some bad news about something I had hoped to achieve at work.  The details are confidential but needless to say, I was very disappointed.  I felt betrayed and alone, as though other people should have been there for me, should have warned me that this was happening.  I also felt angry, I felt like I didn’t get the support I needed so it wasn’t fair to criticize me now and hold me back from what I wanted.

I wanted to sulk and blame the world.  Actually, I wanted to run away and quit my job.  Luckily, I have a bit more common sense than that, plus a very intelligent wife who listened to my issues and presented me with some great advice.  Ultimately, I went and talked to my boss about this whole thing, although I did take some time to formulate my thoughts before I marched in there.

What I realized was my career is my responsibility.  As I’ve defined it before, responsibility is the willingness and the ability to take action and I’m the only who has both of those things when it comes to my work.  Should other people have helped me along the way?  Sure, and they would have if I had asked.  Should other people have supported me?  Sure, and they would have if I told them I needed it.

Ultimately, it seems like I made a few mistakes:

  • I tried to do everything myself – This is fine when you’re an individual contributor but not when you’re a manager.  A manager has to rely on his people to do the work and I didn’t do that.  If a problem arose, I went and solved it, instead of teaching my employees how to solve them.
  • I didn’t look far enough into the future – An employee needs to be concerned with executing immediate actions.  A manager needs to be concerned with formulating plans for the future and then letting his employees execute them in the present.  I was too backwards focused.  I was reacting to what had happened before instead of planning for what was going to happen.
  • I was too reluctant to ask for help – Instead of asking for help, I waited for it to be offered.  I didn’t even tell people I needed help but instead assumed they could see it for themselves.
  • I didn’t communicate well – Because I am the product expert, I entered many conversations with the mind set of “I’m right and you’re wrong.”  Even worse, when I would get into arguments I would try to “win” the argument instead of figuring out how it could be resolved.  I didn’t take the time to say “ok, how can we resolve this?  What data would help us figure this out?” because I was too busy arguing.

Do As I Say, Not As I Do

I was really disappointed with myself after this realization.  Here I am preaching all these lessons about good communication, planning and asking for help and I myself had completely ignored them, much to my detriment.  The truth is that we can all be less than objective when it comes to our own lives.  It’s easy to take a look at someone else and say “they’re being too argumentative” but it’s not so easy to do the same when looking in the mirror.  Luckily for me, my boss was more objective than I and pointed out some of these issues to me.

I say lucky and I really do mean that.  There are a few possible outcomes here:

  • My boss doesn’t pick up on this, promotes me and I fail miserably
  • My boss picks up on all this and fires me without telling me why
  • My boss picks up on all this and tells me about it

Choice number 3 is the best of all worlds and it is indeed what happened.  Through this choice I can now improve my manner of work.  I’m also lucky in that my boss is someone who gives second chances.  That is, if I truly improve, I’ll get everything I want and then some.  As I said, this is probably the best of all outcomes.  Am I disappointed?  Yes, but I do believe that this is for the best.  Now I just need to prove that I can change, and that I already know how to do.

Mentors

What this shows me is the value of mentors and coaches.  Everyone has a coach, even olympic players who are considered the best in their game.  Why?  Because the presence of an objective observer is an excellent way to improve.  We just have to be willing to take their advice and not get too defensive.   Our first instinct is going to be “you don’t know what you’re talking about.  I’m already doing this and you’re missing out on some facts”, but by carefully listening to what they’re saying and then digging deep to see what they actually mean by their words, we can gain some incredible insights into ourselves.

I’m glad to be working for someone like that and I’m grateful for the learning opportunity.

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And no, he doesn’t read this blog :)