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Something You Should Know

The Art and Benefits of Wasting Time & 45 Billionaires Share Their Secrets to Success

Something You Should Know

Mike Carruthers | OmniCastMedia

Science, Self-improvement, Social Sciences, Health & Fitness, Education

4.54.3K Ratings

🗓️ 17 May 2018

⏱️ 42 minutes

🧾️ Download transcript

Summary

You know what is one of the most common decorating mistakes people make? It is hanging art on the walls incorrectly – usually too high. I’ll explain a simple rule that art galleries and museums use and you should too. (https://www.bobvila.com/articles/how-high-to-hang-pictures/) Imagine asking 45 successful, billionaire entrepreneurs what made them successful. That’s exactly what Robert Jordan did for his groundbreaking book, How They Did It: Billionaire Insights from the Heart of America (https://amzn.to/2rNN18u). Robert joins me to discuss how we can all put these principles to build our own success. What if I told you that one-third of the fish in your store could be mislabeled? And that you may not be getting what you think you are? That is just one of the interesting facts about supermarkets I share in this episode. (http://www.thedailymeal.com/11-secrets-supermarkets-dont-want-you-know-slideshow) How often have you been told to stop wasting time? Well it turns out that is often really bad advice according to Professor Alan Lightman author of the new book, In Praise of Wasting Time (https://amzn.to/2ImyFHj). Alan explains the problems created by scheduling every moment of the day as well of the benefits of simply doing nothing. And those benefits are pretty impressive! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today on Something You Should Know, one of the most common decorating mistakes you may

0:07.2

be making and how to fix it.

0:09.2

Then ask 45 billionaire entrepreneurs what's their secret to success and you get a lot

0:15.3

of answers.

0:16.3

I'll tell you the biggest one that surprised me.

0:19.0

You hear about this a lot now, but I have to tell you it's never planned.

0:23.3

Everybody can get passionate around their first idea.

0:25.9

It tends to be that success for all these folks was not the original idea.

0:30.9

Also, you'll be shocked to know how often fish is mislabeled in the store.

0:36.3

And I know you're busy, but there are some real advantages to just wasting time.

0:41.2

Well, by wasting time, I mean doing something that is unstructured where there's no goal.

0:48.3

It has been documented that a mind that is wandering and unstructured is a more creative

0:54.7

mind.

0:55.9

All this today on Something You Should Know.

1:01.0

I just learned discover credit cards do something pretty awesome.

1:05.6

At the end of your first year, they automatically double all the cash back you've earned.

1:11.1

That's right.

1:12.1

Everything you've earned doubled.

1:14.0

All the cash back from eating at your favorite soup dumpling restaurant doubled.

1:18.9

All the cash back from that trip you sort of learned how to snowboard also doubled.

1:24.3

And the best part, you don't have to do anything ridiculous to get it.

1:28.1

Oh, discover does it automatically.

...

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