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Sunday, 05 January 2014 / Published in Base4

BASIC PRINCIPLES TO LIVE BY

Reading Time: 4 minutes
Happy New Year!  As we embark into 2014, we want to reflect on our core values as a business and as individuals. We would like to share with you some basic principles originally posted by Brent Beshore in his article, “Basic Principles for Avoiding Stupidity”. These are very simple, but powerful values to live by and we hope you find this list as helpful as we did.


BASIC PRINCIPLES TO LIVE BY

1. Follow Through: Just do what you said you were going to do when you said you were going to do it. If you quoted a price, stick with it. If you promised something, deliver.

2. Say “Thank You”: The world doesn’t owe you anything, so don’t act like it does. When someone acts in your best interest, thank him. If you’re given a gift, thank the person who thought of you. If you’re particularly pleased with someone’s performance…you get the idea.

3. Be On Time: Circumstances occasionally cause a justified aberration. But most of the time, tardiness signals self-importance, a lack of respect, and disorganization. As the saying goes, “Five minutes early is on time, on time is late, and late is unacceptable.”

4. Use Impeccable Grammar: This is the clearest canary in the mine. If someone can’t properly spell, punctuate, or structure a sentence, chances are he a) is not well-educated, b) lacks attention to detail, and c) doesn’t care. Any way you slice it, bad grammar is bad news.

5. Say “Sorry”: Being wrong is being human. Just own up to it, and everyone will move on. Apologizing conveys that you a) care, b) are humble, and c) are self-aware. It’s incredible how much a genuine “sorry” can make up for.

6. Be Intentional: We all have the same amount of time. You can choose to randomly stumble around, hoping to bump into money, meaning, love, friendships, and opportunities. Or you can be intentional. It’s your choice, every single day.

7. Question Why: The smartest people in the world know what they don’t know, and they aren’t scared to look ignorant. If you don’t understand, ask “Why?” until you get it. This simple technique is the greatest antidote for the illogical and inexplicable.

8. Default to Silence: There’s a reason you have two ears and only one mouth. If you don’t have something meaningful to say, keep your trap shut. This ensures that when a significant thought does arise, people might actually listen.

9. Set Expectations: The formula is simple: Happiness = Reality — Expectations. Changing reality is hard. Setting expectations is easy. Under-promise and fill reality with happiness.

10. Take Responsibility: We love to rationalize blame. While it feels good to play the victim, it’s incredibly destructive, leading to a cynical and jaded life. The far better approach is to say, “It’s all my fault.” It gives you control to change yourself and your circumstances.

11. Say “No”: Life is a game of opportunity costs. If you say “yes,” you’re saying “no” to something else. Have clear priorities, pursue opportunities that align, and say “no” to everything else.

12. Continuously Learn: If you wake up each day trying to get a little better, before long, you’ll find yourself ahead. Read, ask, and listen. If something conflicts with your worldview, dig deeper and determine whether you should embrace it or discard it.

13. Embrace Simplicity: Small bits of complexity add up quickly and exponentially. A little white lie can get you fired. A little gossip can ruin a friendship. A little kiss can end a marriage. Enough small splurges can lead to bankruptcy. Given a choice, always choose simplicity.

14. Gain Perspective: We measure ourselves by our intentions, but others by their actions. But you’re not a special snowflake. Everyone else, regardless of how convinced you are that they’re “doing fine,” is struggling with something. Remember that to have some perspective.

15. Check Yourself: As Warren Buffett says, “Negotiating with one’s self seldom produces a barroom brawl.” Surround yourself with people who will a) call you on your BS, b) thoughtfully help you reason, and c) genuinely understand your weaknesses.

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