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Your Three Primary Resources
© ashtonfourie.com 2012
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Each of us have three primary resources.
One of them is given in exact equal measure to every person every day – and yet we don’t all seem to ever have the same amount
And one of them we have to make
One of them is given to every person in different measures – and we have some influence on how much of it we are given
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Energy
Money
The Three Primary Resources are:
The surface of this triangle represents your life. It could represent the lifestyle you have, your quality of life, or
the impact you have on your society – whatever is important to you
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Energy
Money
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Our skills and creativity enable us to combine
these three, to improve our
lifestyle Av
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Tim
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Energy
Money
Applied Skill and Creativit
y
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If you have enough of two of these, but lack one,
you can use those two, and apply
your skill and creativity
to build the 3rd.
Applied Skill and Creativit
y
E.g. you can use your money and energy to hire some people
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At first you will have a bit less money and energy, but now you are better positioned to systematically build again, applying your skill and creativity to effectively combine energy, money and time.
Available Time Energy
Money
If you have enough of two of these, but lack one,
you can use those two, and apply
your skill and creativity
to build the 3rd.Applied
Skill and Creativit
y
Or, if you are short on energy, you can use your time and money to do something invigorating – like skydiving, or buying a case of Red Bull – to boost your energy
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This might use up some of your available time and money, but it will bring the balance back – enabling you once again to build
and expand the surface of the triangle
Ava
ilab
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ime
En
erg
y
Money
If you have enough of two of these, but lack one,
you can use those two, and apply
your skill and creativity
to build the 3rd.
Applied Skill and
Creativity
Or, if you have time and energy, you can use your skill and creativity to come up with some plan, and then execute that plan to begin to make some money
Money
This might use up some of your available time and energy, but it will bring things back into balance, enable you to become more
effective again.
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You Live your Best Life When You Carefully Hold These Three
in Balance
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You can apply this to your organisation
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The applied skill and creativity can relate to that of you as a leader, or to the leadership team
The surface of the triangle represents the size and impact of your organisation or team
A trap many of us fall into, is to focus on increasing only one of these, at the cost of the other two.
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You may succeed in increasing that, but ultimately, you quality of life will remain limited.
A common
one is working really hard to get lots of money, and not having the time or
energy to really enjoy the benefit of that money.
A trap many of us fall into, is to focus on increasing only one of these, at the cost of the other two.
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You may succeed in increasing that, but ultimately, you quality of life will remain limited.
Or: You may
say that money is not important, you would
rather have time available - but this can lead to a chronic shortageof money and/or depression from
boredom
When you run out of two of these at the same time, you have a crisis.
Money
You may have money, but you have neither the time, nor the energy to apply that money to do anything useful.
When you run out of two of these at the same time, you have a crisis.
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You may have time available, but if you have no money, and you are totally depressed, you will not be able to apply that time in
any useful way.
When you run out of two of these at the same time, you have a crisis.
Energy
You may have the energy and the passion, but if you don’t have time to use that energy, and you don’t have money to use to help
“buy” some time by employing someone, or quitting your job and focusing on what you love – then you are stuck.
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By always spending some of your time, money and energy on building your skill and creativity, you are increasing your abilityto effectively grow the surface of the triangle
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Applied Skill and Creativit
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Sometimes your triangle grows beyond what your applied skill and creativity can handle e.g. because you won the lottery, or through sheer luck struck a really good business deal
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Then over time your triangle will shrink to the size appropriate For your level Of skill and creativity
Applying this To Decision Making
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When you make a decision, the implementation of that decision requires spending time, energy, and oftenmoney
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y
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After implementing your decision, if you correctly apply your skill and creativity, you normally can regain your investment of time, energy and money, and then grow beyond that.
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The WORST decision you can make is to always be changing your decision.
Let me do this.
Or let me rather do that
Actually, no, that first one was a better idea
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The Decision You Stick With Is the Right oneIt doesn’t matter so much
whether you made the best decision
What matters is that once you’ve made the decision, you immediately begin to build your skills and creativity in that area
And then use those skills and creativity to MAKE
that decision the right one
This Will Require Persistence and Determination
The only really “wrong” decision you can make, therefore, is to
make a decision that commits you to doing something you hate.
Because then you will build skills and creativity, and become better and
better at being miserably successful
Personally, I have found the most difficult question to answer when it
comes to making decisions is:
What do you WANT to do?