Hapiness, ChatGPT and The Phenomenal Process
TRIBEathlon Podcast
Season 4, Episode 9: Dede Griesbauer recently became the Ultraman World Champion at the age of 52. Not turning pro until she was 35, Dede is a veteran Professional Triathlete, being a 3-time Ironman Champion and a 2-time 70.3 Champion. She is the 2016 12-hour Time Trial World Champion, where she set the course record of 258 miles, beating all of the men as well. She won Ultraman Florida in 2020 where she set an Ultraman World Record and she is the 2022 Ultraman World Champion where she set a course record by over 45 minutes.
It was an honour for Claire and I to interview her and former TRIBEathlon co-host, Laura Siddall, who crewed for Dede in her Ultraman win. We chatted to them about the difference in strategy from Iron distance to Ultra distance triathlon, creating longevity in the sport through smart recovery and how to build a great support team around you.
Tech I’ve Found Useful
I officially have a new favourite tech tool - if you have not yet tried Microsoft’s Chat GPT, prepare to have your mind blown.
Whether you want it to create code for you, summarise a book, write you a poem, draw up a legal contract, write your blog, recommend a product, film or book or even diagnose an illness, you need to check out the future of search and artificial intelligence. It is smart enough to pass The Bar exam, a Medical Finals exam and a Business School final.
Not sure it will take off? Whilst it took Netflix 3.5 years to get to 1 million users, Facebook 10 months and Instagram 2.5 months, it took Chat GPT 5 days and it got to 100 million in just 2 months! If you want a guide as to how you can use Chat GPT to make your life easier, watch this video as a starting point. Prepare to be amazed and remember, don’t stop at asking one question. Follow up with further questions or requests on the same subject to really enjoy Chat GPT’s potential.
What I’ve Been Reading
Conventional wisdom holds that if we work hard, we will be more successful and if we are more successful, then we'll be happy. If we can just find that great job, win that next promotion, lose those five pounds, happiness will follow. But recent discoveries in the field of positive psychology have shown that this formula is actually backward; happiness fuels success, not the other way around. When we are positive our brains become more engaged, creative, motivated, energetic, resilient, and productive at work. This isn't just an empty mantra. This discovery has been repeatedly borne out by rigorous research in psychology and neuroscience, management studies, and the bottom lines of organisations around the globe.
The Happiness Advantage by Shawn Achor, who spent over a decade living, researching, and lecturing at Harvard University, draws on his own research - including one of the largest studies of happiness and potential at Harvard and others at companies like UBS and KPMG - to fix this broken formula. Using stories and case studies from his work with thousands of Fortune 500 executives in 42 countries, Achor explains how we can reprogram our brains to become more positive in order to gain a competitive edge at work.
If I’m honest, the book got off to a bit of a slow start for me, but as I got further and further in, I took more and more notes. Whilst much of this can be found in other books, it is a brilliant book that takes the best ideas from the topic and is definitely worth reading.
What I’ve Been Watching
I recently finished watching Limitless on National Geographic (Disney+), and I can honestly say it is one of the best TV series I’ve watched. Actor, Chris Hemsworth, doesn’t rely on a physique honed during a decade of playing Thor in movies, but instead challenges his mind as well as body in a quest to develop habits that might extend life. Experts guide him through a series of challenges, whilst also providing the science behind what makes each aspect so powerful. If you want to learn about living a long and healthy life, I suggest you watch it.
Quote Of the Week
"The impact of GPT on the field of natural language processing is hard to overstate. The potential for this technology to revolutionize industries from healthcare to finance is enormous."
- Yoshua Bengio, computer scientist and co-recipient of the 2018 Turing Award. (Sourced by Chat GPT).
Finance Theme I’ve Been Considering
Inheritance Tax Planning is important to your family because it helps to ensure that your loved ones receive as much of your estate as possible when you pass away. When you leave money or property to your family, the government may take some of it as Inheritance Tax. Inheritance Tax Planning helps you to minimize the amount of tax your family will have to pay so they can keep more of the money you intended for them.
By working with a financial planner or solicitor, you can create a plan that is tailored to your specific needs and goals. This may include making gifts during your lifetime, creating trusts, or other strategies to reduce your taxable estate. In addition to minimizing tax, Inheritance Tax Planning can also help to ensure that your assets are distributed according to your wishes, minimize family conflicts, and protect your assets for future generations. By taking the time to plan ahead, you can provide peace of mind and financial security for your loved ones.
The Trusted Team
At Efficient Portfolio, we aimed to help take the client on a journey from financial uncertainty and inefficiency to a place of peace of mind, certainty and understanding. That is why we created The Efficient Wealth Management Process, a unique journey that clients were guided through, to help them do more with their money. Any new client always knew what the journey would look like, because we explained it in multiple places and in multiple ways.
In a recent Workshop for The Trusted Team, we got people working on creating what I call The Phenomenal Process; their own unique client journey. Have you thought about how you explain your journey to clients? how they benefit from what you do, and how you name the process? It is incredibly powerful.
If you’d like to come and see how we are helping entrepreneurs and professionals in practice grow their business, improve their work life balance and enjoy their work more, come and join one of The Trusted Team’s taster workshops. You can find out more and register here.