Business 9, Lesson 55 – What Can I Cut Out of My Schedule to Improve Efficiency

This week I started reading Living the 80/20 Way by Richard Koch.  One of ways to “live the 80/20 way” is to cut out certain things from your week to increase productivity and efficiency.  In this essay, I am going to talk about what I can cut out of my schedule to improve my efficiency.

I already have a pretty busy schedule on the weekdays and I honestly think that I have cut out everything that would slow me down.  Which is why instead of cutting things from my schedule I would add and rearrange things.

My mornings are already filled and there is nothing I can cut to increase efficiency.  But in the afternoons, after I eat lunch, I could go nap for an hour before continuing with my school.  When I return to my work I will be refreshed and energized (theoretically).  At nights, after dinner, I could shower right away.  This way, my hair will dry before I need to go to bed and I will not have to push my bed time later because my hair is not dry.

As you can see, there is not much I can do to improve efficiency in my weekly routines.  I have already cut out everything that would slow me down or distract me.  I can only see moving my shower and adding a nap to improve my efficiency. 

Thanks for reading!

English 9, Lesson 55 – What Were Washington’s Arguments Against the Slave System?

This week I started reading Up From Slaver by Booker T. Washington.  In the first few chapters of the book Washington talks about his opinions of slavery, mainly his oppositions.  In this essay I am going to talk about Washington’s main three arguments against slavery.

Work Ethic

Washington noticed how the slavery system may seem like it is only benefitting the whites, but in reality it was hurting them as well as the blacks.  When the slaves were freed, the whites did not know how to do manual labour for themselves as labour was viewed as jobs for the ‘lower rank’, the slaves.  They were so used to having people do it for them that they could not run their own farm without the help of their former slaves.  On the other hand, the slaves may know how to work, but they could not to read, write, or do mathematics as they were never taught.  Both parties lacked quality skills that they needed to survive, which is why many slaves started agreements with their former masters so that they could survive. 

Washington also noticed how all slaves worked hard, but for different reasons.  For those who had kind masters, they worked hard to please them.  But those who had cruel masters, they worked hard so they would not get a beating.  He found it wrong that the people’s work ethic was tainted by fear of punishment.

Stealing

As a young child, Washington would see slaves stealing things from their masters.  As he grew older he realized that the system would make it somewhat acceptable to steal, in fact, it was common.  Washington frowned upon stealing, but at that time it was the only way the slaves could survive since they were not given much to survive on.  He felt as if the system was prompting bad habits, such as stealing.

Family Structure

Washington’s final argument was that the system ripped apart the family structure.  In those days, as you probably know, slaves were sold from owner to owner.  Their owners rarely cared about the fact that they may be taking a mother or father away from their family or taking a child from their parents.  This happened to Washington himself.  He never met his biological father, never even knew his name.  He was raised by his mother and older siblings.  He did not have a father figure in his life until after he was freed. 

Unfortunately, this was common for the blacks back then.  Washington, like my family and I, believe that every child should grow up with both of their parents around.   

Conclusion

As you can see, Washington had a pretty good argument against slavery.  He was a man with a good conscious and morals.  He stressed hard work and good work ethic to the students he taught in his early adulthood.  Like he said in Chapter Four “I have had no patience with any school for my race in the South which did not teach its students the dignity of labour.”

Business 9, Lesson 50 – What 20% of This Week’s Lesson Influenced Me the Most?

This week I was supposed to read The Breakthrough Principle of 16x by Richard Koch and write an essay about the 20% of the book that impacted me the most.  But I was not able to get the book in time for the lessons.  Instead of writing about the 20% of the book that impacted me the most, I am going to talk about the 20% of this week’s lessons that impacted me the most.

I think the thing that impacted me the most, and that I remember without looking at my notes, is the 80-20 rule and what it is.  The 80-20 rule states that the majority of the effects (the 80%) comes from the minority of causes (the 20%).   Like in a textbook, if you read the conclusion, look at any of the pictures or graphs that are in the book, and sections that look interesting you get 80% of the knowledge from only 20% of the book.

The really fascinating thing about the 80-20 rule is that it applies to everything.  Business, relationships, your social life, everything.  Now you may be wondering how the 80-20 rule applies to your relationships and social life.  Let me use the example of being in a relationship.

Let’s say that Husband A and Husband B (I know, really bad names, bear with me) work the same hours and go home at the same time.  Husband A does not have a lot of extra work to do and spends three hours with his wife after work every day.  Husband B has a lot of extra work to do and can only spend time with his wife for an hour. 

The wife of Husband A is not happy and complains that he does not spend enough time with her while the wife of Husband B has no such complaints.  Why?

It is because Husband A is on his phone playing games or reading emails during the three hours he is with his wife, while Husband B is actually talking to his wife and giving her love and attention.  Even though the wife of Husband B is not getting as much time with her husband as the wife of Husband A she is happy because she is actually getting attention.

20% of the work produces 80% of the results.

As you can see, this week has taught me a lot about the 80-20 rule.  I have heard about it before this week’s lessons, but these past lessons have just solidified my understanding of this rule.

English 9, Lesson 50 – How Literature Has Affected Me

Reading has always been a big part of my life.  My parents have always encouraged reading since I was in the womb (this is not a joke).  As a result, I have become a huge bookworm.  Despite the fact that I have probably read over a hundred books, none of them have ever affected me in too big of a way, except one book.

Six years ago, when I was in 2nd Grade, I was given a book to read for my English class.  It was called A Doctor Like Papa by Natalie Kinsey-Warnock.  The book follows Margaret, a young girl who wants to study medicine to be a doctor like her father.  Her mother discourages this because ‘doctoring’s no kind of life for a woman.”  Spoiler alert: her mother eventually relents and allows Margaret to study medicine and she becomes a doctor when she is an adult.  The book is set during the last few years of World War 1.

If I am being honest, I do not remember much of the book anymore since I have not read it in over three years, but I do remember the two things that really affected me.

This book was meant for very young children and was only 100 pages, making it easy for me to finish the book in one sitting.  In the book a virus breaks out in Margaret’s village.  Margaret and her younger brother are sent away to their aunt’s house to live until the virus passes.  But while traveling the two siblings get lost and stumble upon a house with a family who was sick with the virus.  Margaret uses her limited knowledge in medicine and tries to help the family members.  She is only able to save one member, a young girl who is slightly younger than her.  In the book the young girl’s parents and baby brother were taken by the virus. 

Even as a seven year old, I would fully get into the books I read and thinking about suddenly losing my parents struck me hard.  I had always imagined that death only happened to the elderly, but this book made me realize that it can happen at any time.  Up until that point I had not given death much thought.  Why would I?  A seven year old is more concerned about when their next playdate will be, not when their last breath would be.

This book made me realize that death is not just talk, it can actually happen and it does happen in real life.

The second thing that affected me happened a couple years after my first read of the book.  Because of the interesting plot and its short length, A Doctor Like Papa became one of my favourite books to reread when I got bored.

One day, when I was nine or ten, I decided to reread the book and while reading a realization hit me.  Margaret was just like me!  She had a dream (she wanted to be doctor) and she never gave up on it, even when her mother would discourage it.  It reminded me of what my Dad would always tell me “follow your passion and ignore what others say.”  This really made me believe in what my Dad said even more. 

After all, if someone as brave and headstrong as Margaret could get what she wanted just by working for it and sticking to her dream, why can’t I?

As you can see, this book really affected me at a young age, which is saying a lot considering books do not usually affect me too much.  That book will always be one of my favorites and will always be a reread for rainy days.

Business 9, Lesson 45 – Why You Should Not Borrow to Buy Something That Depreciates

As a general rule, you should never borrow money to buy anything.  Always pay in cash.  You do not want to become a serf of any institution or another person.  However, in this day and age, almost all businesses and people borrow money to buy depreciating assets, including houses.

For those who do not know what depreciating assets are, they are items that are consumed (e.g. laptops, clothes, cars, furniture, toolboxes).  For this essay I will be using cars as an example.  The concept of borrowing a depreciating asset is not black and white.

When a business buys a car on borrowed money, the car is depreciating but it is also used to generate an income. The income the business generates makes the business an appreciating asset.  The income generated is enough to pay off the loan on the car.  Businesses borrow money against their income stream.

When a consumer buys a car on borrowed money, the car starts to depreciate and the consumer is using their own personal income to pay off the loan.  In Singapore, for example, prices of cars are prohibitively expensive because of government taxations and regulations.  But many people still buy cars on loan for various reasons, whether it is for convenience, social status, timesaving or all of the above.  For some people, this may be worth it, while for others it is not.

Personally, I would never borrow money to buy anything, especially something that depreciates as I do not see any value in it.  But I do think that buying a depreciating asset for a business to generate income is smart as long as they have a way to pay off the loan and not fall behind on their payments. As for the consumers who buy a depreciating asset on borrowed money, it is a personal choice.  Who am I to tell you what to do with your money?

Thanks for reading!

English 9, Lesson 45 – How Helen Keller Escaped Her Metaphorical Prison

This week I have started reading The Story of My Life by Helen Keller. In the book, Helen calls her blindness and deafness a ‘dark prison.’ It was not until Ms. Annie Sullivan, Helen’s teacher, came that she was finally seeing light in her prison.

If you do not know the story of Helen Keller, she was a woman who had lost her sight and hearing at a young age due to an illness she contracted as a baby. Her teacher, Ms. Sullivan, arrived when she was five years old and taught her everything a seeing and hearing child would learn.

One of the first things Ms. Sullivan taught Helen was that everything had a name. Ms. Sullivan put Helen’s hand under a water spout and spelt out the word ‘W-A-T-E-R’ into her hand. Immediately, Helen realized that this cold, liquid thing that was in her hand was called ‘water.’ Ms. Sullivan continued to do this with toys, chairs, anything the two of them could find. This was the first escape from Helen’s prison.

After a while, Helen had learned every name of every piece of furniture and dish in the house. She understood the meanings of simple words, but not abstract words. One day, Ms. Sullivan spelled ‘T-H-I-N-K’ on Helen’s forehead. This obviously puzzled Helen, but being the ambitious and determined child she was, she tried to figure out the meaning of ‘think.’ Finally she realized that ‘think’ is the little voice in your head that tells you what to do.

Ms. Sullivan taught Helen how to sign, read with her fingers, and talk. When Helen was young, braille was not yet invented. The blind would read by dragging their fingers over raised letters on a piece of cardboard, which is what Helen would do to read with Ms. Sullivan’s help.

Ms. Sullivan was truly the key to unlock Helen’s dark prison. Without her help who knows what would have happened to Helen. But Helen’s success is not solely because of Ms. Sullivan. She was a stubborn young girl with the desire to learn about the world, all she needed was someone to be patient and teach her, and that is exactly what Ms. Sullivan did.

Thanks for reading!

English 9, Lesson 40 – Which is More Important When Writing Dialogue from Memory: Accuracy, Succinctness or Liveliness?

When writing autobiographies, there is no doubt in my mind that the authors have to write all of their dialogue from memory.  But when they are doing this there will, of course, be some gaps or inaccurate parts.  When writing dialogue from memory, is accuracy the main focus, or should succinctness and liveliness be the main focus?

Before getting into the essay, if you do not know what succinctness means do not worry, I did not know what it meant until I had to write this essay.  Succinctness, or concision, means clear and precise expression in a few words.  Now back to the essay.

Like many things, there is no general answer for this answer.  In some books, like manuals, you would want accuracy and succinctness.  But in an autobiography or novel, you would want liveliness.  It is no fun to read a long and boring paragraph full of dialogue.  Liveliness is what keeps the reader engaged and interested. 

I am not saying accuracy and succinctness are not important, in non-fiction books they are what you are looking for. But in autobiographies, liveliness should be the main focus when writing dialogue.

Thanks for reading!

Business 9, Lesson 40 – What I Have to Give Up to Save 10% of My Income

This week in Business class I have been reading short stories from The Richest Man in Babylon by George Samuel Clason.  The book comprises of many short stories with lessons on how to save and gain money.  One of the stories I read this week focused on saving 10% of your income.  In this essay I am going to talk about what I would have to give up if I wanted to do this.

At the moment, I do not have a stable income, unless you count birthdays and holidays.  By the time I have a stable income from a job I will probably be 15 or 16 years old, and my financial expenses will have probably changed.  But since I do not know what the future will hold, I will talk about what I will have to give up now to save 10% of my income.

Usually, I do not spend my money on clothes or jewellery, but on meals or snacks when I go out with friends.  It is only recently that I have been spending more money on books and ‘trinkets.’  Honestly, I cannot think of many things I would need to give up.  Perhaps cutting back on the amount of snacks I get while I am out and prohibiting myself from being in the same mall as a bookstore so I do not get tempted to go in (yes, I have a problem. No, I do not intend on fixing it).

I do not spend much money on a regular basis, so I think saving 10% of my income will not be too challenging.  I will need to do something about my book buying addiction though…

Thanks for reading!

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