I've been thinking recently about choices and how they affect happiness. Choices require decisions, and decisions require effort and come at a cost. In the 21st century we have choices unlike any preceding generation. We demand choices in every aspect of our lives, and I'm starting to wonder whether it makes us any happier. In fact, I wonder if it makes us happier at all.
It wasn't long ago that deciding what to watch on TV was a choice between TV1, TV2 and TV3. These days we can choose between 25+ Freeview channels, 80+ SkyTV channels and thousands and thousands of on-demand movies and TV shows via iTunes. Want to read a book? Forget your bookshelf or even a library, fire up your Kindle and choose from any book ever written. Want to buy a TV? Sure - what brand? What size? LCD or LED? Or how about Plasma? Want to buy a car? OK, what make? Model? What colour? How big do you want the engine? Manual or auto? Leather or half-leather? Red stiching or orange?
But of course it's not just the trivial things. We now have choice over what to study (and where), who to marry (and when), where to work (and for how long) and what religion to follow (if at all). We even have a choice over the shape of our bodies (plastic surgery) and how long we're going to live (medical insurance and medicines). It wasn't long ago that these decisions were effectively made for us. The choices were few, if at all.
I don't usually go to conferences. Webstock 2012 was not only my first Webstock, but the first conference I've paid to attend.
It was great.
Above all else, Webstock does a brilliant job of inspiring you to do great work. The event itself is run to a super-high standard which infects and inspires both the speakers and the attendees. It sets the stage for brilliance. The execution of the basics is world class on every level. The web site, the communication with attendees, the programme, the ID tags, the goodie bag, the venue, the graphics to introduce the speakers, the guest speakers, and of course the all-important after party. Every detail was thought through and highly polished and it motivated everyone to step up.
I'm saddened by the news this week that Phillip Cottrell died of the injuries he sustained from an assault walking home from his regular shift as a journalist at Radio NZ in Wellington. While details of the attack remain sketchy, Police have revealed that Phillip was a quiet, unassuming man who died for the sake of a few dollars taken along with his wallet.
It was also revealed that he had a degenerative bone condition, or "brittle bones".
As someone who lives with the same condition (I don't know Phillip's exact diagnosis) I feel especially moved by this tragedy. Over the years I've experienced dozens of broken bones including arms, legs and vertebrae…mainly from simple falls that most people get up and walk away from.
Lance Wiggs blogged yesterday on Air New Zealand auctioning themselves to the lowest bidder. I added my own thoughts in the comments, but I thought I'd take a moment to explain why I think Trade Me is wrong to assume they will continue to be the default venue of choice forever and ever amen.
Trade Me works for most people because it has the greatest number of buyers and sellers. If you want to sell something (e.g. a heater) you want to sell it in the marketplace with the greatest number of people looking to buy a second hand heater (Trade Me). If you're looking to buy a second hand heater, you want to shop in the marketplace with the greatest number of second hand heaters for sale (Trade Me). It's a "winner takes all" cycle that's difficult to break and it has allowed companies like Trade Me and eBay to remain dominant for over a decade despite their relative lack of innovation compared to would-be competitors.
But the thing about auctions, is that you only need two people to want it badly enough to achieve a fair market price (add a Buy Now, and you only need one). In the case of Air New Zealand auctioning international airfares for $1 reserve, there will be no shortage of people willing to suffer the pain of taking 30 seconds to sign up to a new site in order to place a bid. With Facebook Connect - you can now sign up to site with a single click. It's worth it, and Air NZ wouldn't be choosing alternative venues year after year if it wasn't working for them.
I've pondered recently the true impact of procrastination and come to realize the real problem isn't that you get less done by procrastinating, it's that you're less happy during the time you spend avoiding doing something unpleasant.
Consider for a moment the prospect of going to the gym. Few of us actually look forward to going. It's uncomfortable and quite frankly, boring. Promise yourself you'll go in the evening, and you'll spend most of the day dreading the thought of actually going. Your mind will wander, you'll complain to other people and wind up being less happy throughout the day than you might otherwise have been.
The same applies to most anything unpleasant. Filing a tax return, having an uncomfortable conversation, doing the dishes, finishing an assignment and so on. There's no doubt you'll wind up doing all of these things anyway, you'll just make yourself unhappy thinking about it beforehand.
New Zealanders aren't usually ones to blow their own trumpet, so I'm making it my business to talk to some of our less-known industry leaders and gain insight into how they got to where they are today. First up is Grab One founder, Shane Bradley.
In case you've been living in a cave for the past year, Grab One - founded by 33 year old Shane Bradley - rose quickly to become New Zealand's #1 daily deal coupon site (65% market share), despite being third into the market and up against some deep-pocketed competitors including Trade Me, Mediaworks, and US-based Groupon and Living Social.
By all accounts the site is a run-away success, having recently sold $500,000 worth of coupons in a single day, and with a growth curve not seen on a kiwi web site this side of Trade Me. So, how did he do it? And more importantly, what lessons can be learned and applied by other up-and-coming Kiwi entrepreneurs?
Recent news that Fairfax may float part of the Trade Me business they acquired in 2006 has led some Internet commentators to speculate the auction giant may now be worth much less than the NZ$750 million they paid in 2006.
Unlikely.
Online auctions may be yesterday's news, but in a "Web 2.0" Internet where many ventures remain cool but wildly unprofitable, Trade Me continues to truck on and generate upward of NZ$80 million per year in earnings for Fairfax - and growing.
We all know about deposits in a monetary sense, but deposits can be just about anything: a small favour for a friend, consistently arriving early to work, doing little things to show your partner you care, remembering your friend's birthday, answering a call for help from a colleague, always replying to email in a timely manner, checking in with family and friends who live outside your weekly routine, paying your bills on time, going out of your way to do small favours for customers, being punctual to appointments and so on and so forth.
The thing about small deposits is they add up to something big and you get to cash them in. Life is a lot easier for people who consistently make small deposits, and equally difficult for those who don't. Favours are more willingly given to friends who help friends. Employers are more flexible with time off for errands or illness when employees are punctual or have been generous with their own time. Colleagues are more likely to have your back in a tight situation if you've previously helped them in kind. Friends and partners can forgive tardiness or forgetfulness if you've been consistently thoughtful and made time in the past. Customers forgive screw ups if you have previously demonstrated attention to detail and good service.
Cut yourself some slack. Make small deposits.
The 40 Hour Famine has moved into the 21st century and delivered a master class on how to set goals and achieve them.
Door knocking for sponsors? Gone. Hand-written sponsorship booklets? Gone. Collecting your earnings? Yup, that's gone too.
Replacing all of that is your own personal web page that proudly displays exactly how much money you're aiming to raise. Friends and family can see your goal, and sharing the link via email, Facebook and Twitter makes getting the word out easier than ever. Payments are collected online and sponsors and would-be sponsors can track your progress in real time. Brilliant.
Paul Watson is one of the most passionate animal rights activists alive today, and this short video beautifully illustrates why he's so effective. He really understands human nature and what motivates people.
Understanding motivation is key to putting together a great team. Paul chooses volunteers over employees because employees are often motivated by money, not passion or a strong belief in the cause. Paul weeds these people out by removing money from the equation completely. This is a great insight for business owners. Paying high salaries isn't necessarily going to attract the best candidates.
Most individuals and organizations are motivated by profit. Every time Paul disrupts a whale hunt he denies the whalers of income selling the whale meat. When the costs of whaling exceed the income, whaling ends. The same principle applies elsewhere. Buying McDonalds isn't smart if you believe factory farming is wrong. Treat your dollar as a vote and choose carefully.