It’s the end of Day 1 of the Retreat with Chris Barrow at Buckland House and it’s about 6:15pm BST on Monday, June 4th and we have already received value in the price of the trip and the Retreat.
Most of us are in the formal dining room after having come back from a walk or run through the English Countryside. Some of the participants are doing research to locate a proper English Pub so that Laura can have fish & chips and a pint.
We use the dining room for our group meeting with Chris and then we breakout into one of many, many rooms that this enormous house has.
Laura in what we have called The White Room where we spent the afternoon creating our vision for 2010.
The retreat is about vision-time-money-team.
Chris started the day talking about his latest books called The 4 Hour Work Week by Timothy Ferris and The Dip by Seth Godin.
The gist of The 4 Hour Work Week is about: 1) outsourcing everything that you are not professionally qualified to do and everything that you don’t enjoy doing … I mean everything as I will share later 2) outsource everything that you can hire subcontractors to do in China or India that can work for rupies or yen versus British Pounds or Dollars and 3) abolish retirement and take many mini retirements versus waiting till you are too bloody old to enjoy it.
In a sense, Laura and I are taking a mini retirement this week creating our vision for the next three years to 2010.
The gist of The Dip is about “getting” that quitting is a winning strategy. In essence, know when to quit or take a mini retirement to revaluate and outsource, outsource and outsource.
• Quit the wrong stuff.
• Stick with the right stuff and be the best in the world at that. If you can’t be the best, why bother. Diversification is a lie. It is about your definition of “your world” versus “the world”. No mediocrity at anything. Ordinary is not good enough. Strategic quitting versus reactive or serial quitting. The Dip provides you with the realization that something is worth doing. It is about the challenge. Know what you are getting, know if The Dip is too big or too deep, know when you are heading towards a cliff or a dead-end.
• Have the guts to do one or the other. Quit the wrong stuff. Stick with the right stuff.
So as this Blog is now heading in the territory of my June 15th E-Newsletter, I am going to wind up by saying that the reason that people don’t create a vision is because they don’t know how to do it.
We will be producing a Leading Advisor Vision Retreat in late October or early November of 2007 … details to follow.
Laura and I spent the day identifying tolerations, creating an outsourcing strategy and creating our vision for 2010.
Chris excels with his incredible knowledge through his years of dedication and experience.