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What is Hyperfocus? Why it is important in business?

Hyperfocus – Even today many steel automobiles and FMCG companies have to struggle much to become a billion-dollar businesses.

But the platforms like TikTok, YouTube, and Instagram become a billion-dollar business in a few years.

Do you know what is the reason behind this? 

The reason behind this is our attention economy.

At the beginning of history, people used to earn by farming. Means that was an agricultural economy. Then comes the industrial economy and now we are living in an attention economy.

After saying this also, many of you won’t believe it.

So let me show you a little experiment that we are living in the attention economy.

Now either you are standing, sitting on the sofa, or laying on the bed. Notice your body posture and get comfortable and take a long breath slowly.

Huu.., Do you move, have you taken a breath? If yes then, why you have done this?

You are just looking at the screen and reading this article. Even though I wrote this article recently but I have forced you to do something.

Because your attention is on this article right now. Do not get me wrong.

This experiment was only to tell you that your attention is more valuable than your money.

Today’s ads, movies, T.Vs, songs, companies, and even the government, everyone needs your attention.

Do you know what is the reason?

The reason is Whenever some things gain your attention and hold it then it can also influence and manipulate your behavior.

  • Businesses can get you to buy their products.
  • Politicians can take your vote.
  • Religious Gurus can make you a part of their community.

This means your attention can be used positively and negatively.

Whether you believe it or not but attention is the fundamental currency of today’s economy.

Today it is very difficult to focus on one thing for a little time.

Research tells that if a website takes more than 3-4 seconds then more than 20% of people close that website.

40% of people don’t go to that restaurant where they have to wait for some time to eat food.

Amazon knows from a study that If their website takes little more seconds to open then they can get a loss of 1.6 billion dollars every year.

I am giving this example because I want to show you that nowadays we have started living life by being so distracted.

And the same had happened with Canadian author and productivity consultant Chris Bailey.

Chris says that his life had become a series of screens.

This means he used to live in front of a screen from morning to evening.

After wakeup mobile screen, in the office computer screen, for seeing the time smartwatch screen, during travel from home to the office, billboards screen.

And don’t know how many screens were distracting his attention.

But Chris Bailey wanted to change himself. That’s why he travels worldwide for many years. He did much research on focus and attention.

He meet with scientists and experts and wrote the book Hyperfocus. Here is summary of the book.

What is Hyperfocus?

What is Hyperfocus? Why it is important in business?

#1 Your attention is the most precious commodity in this world

According to a professor of psychology at the University of Virginia “Timothy Wilson”.

The human brain received an 11million bits of information from its environment every second.

Deep Work – A Must Skill for Bright Future

But in actuality, it processes only 40 bits of information every second.

It means our brain has limited attentional space.

Attentional space means our mental capacity to process that thing by focusing on it. Chris Bailey also gives the analogy that attention space is like the RAM of the human brain.

Like the more RAM in your smartphone, it can handle big applications easily.

Similarly, the more will be attentional space in your brain, you will be able to complete your task with more focus.

Your aim should be to increase your attentional space.

You can increase your attention space by 58% by taking very good sleep.

The author says that if you sleep 1 hour less, then you are losing 2 hours productivity of the next day.

The more task you will fill in your attentional space, the more you will be distracted.

So when talking about your productivity. You will give attention to the fewer things, and you will become more productive.

#2 Practice Low Stimulation

People think that our minds are distracted. But according to research, our minds are not distracted, it is overstimulated.

We are excited to see –

  • Instagram reels 
  • WhatsApp status of others
  • Facebook posts of others
  • Likes count that you have got on our photos
  • Followers that you have gained on your social media

This means that our brain always needs new information and new experience.

And the author tells this mechanism of the brain as novelty bias.

Like our body needs food to function well and what we eat daily makes our body fit.

Similarly, we consume content for our minds.

If you see then many years ago, people used to read novels for their entertainment that took many weeks to complete, and people had to focus on one novel for a long time.

That’s why people’s attention span and focus ability were very good.

But studies tell that people’s attention span is decreasing every year.

and which is true.

Because people started watching T.V and movies by which they only need 3 hours to release dopamine.

But today extra funny, extra stimulating fun to watch content like memes, reels, and short videos have made people’s minds hollow.

Because of this type of content your brain gets a dopamine dose every second and your brain stimulates every few seconds and whenever you do your important work then you become bored.

Because your mind achieved the habit to stimulate every few seconds that’s why its searches for the distraction every second. 

That’s why You have also observed that whenever you are doing some important work you remember other less important work also. Because your minds want to stimulate every second.

So it tries to distract you by reminding your pending work.

As per the study, one teenager spends an average of 10 seconds on one Instagram post and by doing a single swipe, thousands of new things get ready to stimulate your brain. By this habit, people’s minds are overstimulated and an overstimulated brain gets distracted easily.

Chris Bailey says that you can work with a highly focused mind when your mind is low-stimulated means you can bore yourself.

The author has done many different works to bore himself. One day he has gone through the Terms and Conditions of the Home loan for one hour. I think no one reads that now. 

One day he counts the zeros of the first 10000 digits of pie and one day he counts the number of grains in 250 grams of rice.

He continues to work on this type of boring work for one month.

After this author noticed that his attention span increased.

Now he was able to focus on anything without giving more pressure on his mind.

This was not because there was less distraction around him.

This was because now his mind is low-stimulated.

And the best method to keep yourself low-stimulated is to set the standard for your media consumption.

Like before opening any audio, video, or link first think that if this information is required for me or if I’m watching in the flow of my emotion.

The author says that stop living in autopilot mode and learn to tolerate boredom.

  • Workout without listening to songs and podcasts. 
  • Sometimes spend your day without reading a newspaper.
  • Stop seeing videos on YouTube.

After doing this observe that are you able to tolerate that level of boredom? If yes, then no distraction can harm you.

#3 Doing nothing is not a waste of time

The author says that the way hyperfocus is the productive mode of our brain. In the same way, the mode in which our mind is creative is called Scatterfocus mode.

See, this is the fact that, maximum great ideas and plan that comes to people’s minds, that does not come during thinking. It comes when they are doing some other work.

For example, Newton’s got the idea of gravitational force when he was resting under a tree. And some more great ideas come to great people when they were bathing, cleaning the pot, or sitting in the bathroom.

So Scatterfocus mode also tells that do the mindless activity once a day.

Like, going for a walk, cleaning your room, cooking your favorite dish, or observing the people by sitting.

With this thing your minds get free and it connects the dots of things learned in past.

This is the reason that sometimes you get the solution to your problems suddenly. Which is also called Eureka Insight.

The author says that take a disconnection ritual every evening.

The favorite daily ritual of the author is that he does not use the internet from 8 pm to 8 am in the morning.

He and his wife have also a weekly disconnection ritual.

They both are disconnected totally from the digital world every Sunday.

By which they can spend time with nature and family.

You may have seen that some people are busy on their mobile the whole day.

Which Chris didn’t like at all. So whenever he goes to dinner with someone then he uses the phone swap technique.

This means, he gives his mobile to another and takes another’s mobile himself.

By which both people give importance to each other without distracting with mobile.

The author says that your attention makes your life.

If our mind is distracted every second and is overstimulated, then we will create a very distracted life.

But when we learned to get bored, then we will become less stimulated.

Then not only do we get things like productivity, focus, and ideas but also live a better life due to this.

Final Words

Finally, let’s summarize the entire story. The quality of your attention determines the quality of your life.

So gives attention to that thing which is valuable for you. 

Learn to tolerate your boredom. Chris Bailey thinks that bore yourself a little bit by leaving technology behind. You don’t need to bore yourself for 1 hour. Only for a few minutes but bore yourself a little.

Do the activity by which you get a lower level of stimulation.

Like, count the switch of your room by laying on your bed and bore yourself because in this state your brain will be low stimulated. and a low stimulated brain increases your mental toughness.

Note – This article is a summary of the book – Hyperfocus: How to Work Less to Achieve More by Chris Bailey he is a productivity expert and best-selling author.

Should You Take On a Personal Loan to Pay Off Student Loans?

Taking on debt is something that most students do in order to afford a college education. And once you’ve completed your studies and graduated, the burden of having to repay tens or hundreds of thousands of dollars can be anxiety-inducing.

If the regular repayments on your student loan are steep, you might consider clearing your obligation for this debt with a personal loan, and effectively switching what you owe over to a new provider with more amenable rates.

The question is whether you can do this, and if it’s possible, whether you should. Let’s cover all the angles to give you a good route forward.

Personal Loan to Pay Off Student Loans

Should You Take On a Personal Loan to Pay Off Student Loans?

Terms and conditions matter

The first point to make is that not all personal loans will be eligible for paying off debt you’ve accumulated as a student. Some lenders will make it explicitly clear in their terms and conditions that you can use your loan for a lot of things, but not for this precise purpose.

This might not seem fair, but the good news is that there are lenders out there that take a less militant stance on this matter, and some that will actually court customers who want to pay off student loans.

Given that it takes an average person over two decades to repay a student loan, if you can find the right deal with the right lender, making the leap could be wise.

Rates are relevant

One thing which will determine whether or not you should pick up a personal loan to replace your student debt is the rate of interest which applies.

If you find a low-interest personal loan, that will lead to cheaper monthly repayments. The rates will have to be below those you’re currently charged on your student loan package, of course, otherwise the move won’t make financial sense.

Your circumstances will impact loan affordability

Taking out a personal loan and getting a good rate of interest isn’t just about the wider market conditions. Indeed more attention will be paid to your circumstances, and the extent to which a lender sees you as a low-risk, reliable customer.

Your credit score will be key in this regard. If you’ve got a good history of keeping up with loan repayments, then your score will rise. If you miss repayments, or you’ve got a limited amount of credit history to begin with, it will be lower.

The higher your credit score, the more affordable personal loan packages will become. You should still shop around, of course, but it’s important to first focus on getting a better rating.

Checking eligibility before applying is sensible

If you decide that taking on a personal loan to pay off student debt is the right move, you shouldn’t just dive straight in and send off an application to the lender of your choice. The reason for this is that if you apply and you get turned down for whatever reason, your credit score will actually go down.

Rather than getting into this vicious cycle of being denied credit, it’s better to check with a lender that you meet their eligibility requirements before you go any further. Some companies will look into your circumstances without doing a hard credit check, and will pre-approve you for a personal loan, which will give you peace of mind.

The type of student loan you have is impactful

Another sticking point to consider is whether your student loan has other benefits which make it worth keeping, even if a move to a personal loan might reduce the amount of interest you have to contend with.

Specifically, if you’ve got a federal student loan, then there are perks unique to this, such as enjoying forbearance in times of major upheaval, with the recent pandemic being the best example of this.

If your student loan is privately provided, on the other hand, it is closer to a personal loan in that it won’t be managed in the same way as a federal loan. This means that moving from a private student loan to a personal loan could be savvier, depending on all of the factors mentioned so far.

The bottom line on paying off student debt

There’s no sure fire answer to whether using a personal loan to replace your student loan is the best option for you. It’s necessary to consider your circumstances, check the products available, and ensure that you’re eligible before you decide either way.

It’s a good idea to consult an expert if you’re still confused at this juncture. The worst thing you can do is put up with loan repayments of any kind which are financially crippling, especially as there are so many ways to consolidate debt and reduce costs today so you don’t need to suffer.

Financial Freedom is 80% Behavior & 20% Knowledge

I want to get financial freedom. I want to live life on my terms. I want to live a life in which I can do nearly whatever I want, whenever I want because money is not an obstacle for me.

I know you also want to be financially free. But, to become financially free you need to correct your behavior. Because financial freedom means 80% behavior and 20% knowledge.

In today’s post, I am going to share 5 behavioral-based steps. If you take all these steps I am sure you will become financially free.

So let’s get started.

Suppose you are thinking to buy new things for yourself. Like, You want to go shopping. or you want to buy a new phone, or you want to go to visit someplace this weekend and suddenly you remembered, next week you have to pay rent or you have to pay EMI for your car or bike or don’t know how many bills you have to pay. And you have a limited amount of money.

Either you can enjoy your life or you can pay your bills.

These types of situations, we face many times in our life.

The solution to this is – “You must live like no one else right now so that you can live like no one else later”.

Means, If you want to live like 1% of people in the future then you have to take all those actions that the other 99% of people are not taking.

Financial Freedom

Financial Freedom is 80% behavior and 20% knowledge

#1 No More Denial

If you throw a frog in the hot water then the frog will jump and try to get out from the of

But if you throw the same frog in the normal water. Then that frog will keep swimming in that water. Afterward, if you increase the water temperature slowly, then also that frog won’t know anything and in the end, it will die with hot water but it won’t come out.

In the same way, someone’s physical health won’t destroy instantly.

Your health destroys slowly. Your body gets minor changes due to an unhealthy diet and not doing exercise. We don’t notice that instantly and end up destroying our health badly in the future.

A similar concept is also applied in your finance. You should treat your finance as your physical health.

Like you can’t lose your 10kg weight in one night. In the same way, you can’t be a millionaire in one night.

Your financial situation doesn’t get worse suddenly. It becomes worsen due to decisions that you have taken in the past.

So to achieve financial freedom, the first step is to check your financial situation.

  • Check, what is your income level?
  • What are your expenses?
  • Where do you spend your money?
  • How much money do you save every month?

For example, You notice that you are living a good lifestyle.

You have –

  • A Good House
  • A costly Phone
  • A Car
  • All that is required for enjoyment and entertainment 

But every month you are reaching your credit card limit. Your loan EMI takes a major part of your income and still, you continue to buy things.

All these things are indications that you are in a financial bubble.

That can blast anytime.

After realizing this thing, stop ignoring your financial situation. And take action seriously and fast.

#2 Get an Emergency Fund

Law of Murphy says, “If anything that can go wrong will go wrong”.

If something bad could happen, and you are not prepared for that, then that must get bad.

Imagine that You have decided to be a responsible person and you will invest your money in the right place instead of wasting it.

But the next day, due to some emergency, you have to spend your money.

By spending this money your financial planning gets affected.

This means you have to create an Emergency Fund first.

In which, you have to save a total of 1000$.

That is around seventy-five thousand Indian rupees.

You have to save this much money and you have to keep that money in a place where you can easily access it.

Remember you need not invest money from your emergency fund and not keep it in a saving account. Because you will easily spend it from there.

You can take cash and hide it behind your photo frame or keep it in your locker.

So that in an emergency, you can use that money

When some emergency comes and you need money, then you don’t need to use your credit card and do not need to take a loan from someone.

Make sure that, you don’t use this emergency fund for your Pizza bill and celebrating your birthday and for some reason, if you used this emergency fund then you have to fill it quickly.

This is a very important step because the money kept in your house gives you confidence and this is true, you also know.

#3 Debt Snowball

To build your wealth, the powerful weapon is your income and the big enemy is your debt.

Use the concept of Debt Snowball to eliminate your debt.

Like, if you throw a small snowball from a snowy mountain. Then snow will stick to it when going down and that will convert into a giant ball.

Same way if you start paying your debt like a snowball then very soon it will clear your all debt by becoming a giant ball.

We are living in a time where we are taught that debt is a good thing.

But a millionaire knows that there is much difference between ‘seeing rich’ and ‘real-rich’.

Remember – You can achieve financial freedom only if you have no debt.

For this, you have to make a list of all debt.

And in this list keep the low amount of debt the first and the big amount last.

And to start Debt Snowball, you have to be free from the low-amount loans, and the money saved from there, you will use to clear the next loan.

By doing this you will clear your all loan but doing this will not be easy.

But you need to remember that “You must live like no one else right now so that you can live like no one else later”.

For example-

Suppose you have taken a loan of Rs.10000 from your friend and you are paying Rs.1000 to him every month.

You have taken a new smartphone of Rs.25000 for which you are paying Rs.2000 EMI every month. 

Your credit card bill is Rs. 50000 and you pay Rs.3000 every month.

Similarly, write down all your debts in the smallest to the largest order.

Now suppose you save only Rs.5000 from your income.

So, at first, you clear your friend’s debt in months by using these Rs.5000 and slowly clear your smartphone debt, credit card bill, and all other EMI.

By doing this you are creating your Debt Snowball that will clear your all debt very fast.

#4 Create Runway Fund

After getting debt free completely, when you have no debt to others. You need to work towards creating a runway fund. 

The extra income that was going into clearing your debt.

By using that you save your 3 months’ living expenses. So that if you will face a very big emergency. Let your Job has gone.

Then you can live for 3 months without thinking about money.

By which you will have time to build new income sources or get a new job. 

For doing this you have to make a list. Here you note down your month’s expenses.

Like monthly rent, food cost, internet, clothes, app subscriptions, etc.

After adding these all let you know that you spend Rs.30000 every month. 

So at the start, you have to multiply this amount by 3 (3-month expense).

The amount comes out to be Rs.90000 so you need to get a runway fund of Rs.90000.

By which you secured for 3 months and now slowly increase 1-1 month.

Your goal should be to create 1-year Runway Fund.

For complete financial stability, at least you should have Runway Fund for a year.

So that you can survive by maintaining your lifestyle for a year without generating income.

#5 Invest & Enjoy

Now it is time to invest your money and do enjoyment as you have cleared off all your debt and created 1-year runway fund.

See this is a single trick to achieve financial freedom.

You have to do short-term sacrifices to get long-term gain.

After clearing a debt and creating a runway fund now it’s time to maintain your financial fitness.

Like once you become physically fit by working hard and going to the gym and doing exercise very aggressively.

At the later stage, you don’t need to do heavy weight lifting.

You just need simple maintenance. Similarly, to maintain your financial health.

Invest at least 15% money of your income for your retirement. As soon as your home loan and other loans are cleared your saving will increase.

Invest this saving, and the return you got from the investment, will be your actual wealth.

You can invest in Index Funds, Mutual Funds, Stock Funds, and any other profitable business.

Your aim should be to generate at least a 10% return annually that can be achieved easily.

When your invested money starts giving more money than your income then you will become financially independent and stable in real.

Because no one becomes rich in one day. But the small steps taken by you take you to a wealthy life.

Final Words

In the end, I want to summarize all this in a single line. Financial Freedom is 80% Behavior & 20% Knowledge.

I have learned these concepts from the best seller book called “The Total Money Makeover by Dave Ramsey”

Deep Work – A Must Skill for Bright Future

If you don’t know the power of deep work and you are only doing shallow work you are doing a big mistake. Whatever work you are doing while being distracted or semi-distracted. That work will be done by some Robots, Software, or Machines in the future.

If you won’t have the skill to do deep work then thousands of people will be ready to do it at a cheaper cost than you, due to overpopulation and unemployment.

Deep Work

Deep Work – A Must Skill for Bright Future

Let’s try to understand deep work with examples. 

Bill Gates Founder of Microsoft and J.K Rowling author of Harry Potter is famous all over the world. There are programmers and writers all across but why only these two people are famous all over the world.

Because they used a technique called Deep Work.

These days this technique is very rare that people use it.

Now you may have the question that what is Deep Work. If we talk about work, then it is of mainly two types.

#1 Shallow Work

Shallow work is done with distraction. Like talking while doing office work,

Busy on mobile while taking in actual, Listening to songs while working on a Project.

This means all the work which you called multitasking is Shallow Work in actuality. With shallow work your productivity becomes low and time wastage gets more.

Scrolling again and again on Facebook and Instagram, checking emails, replying to messages these all are Shallow Work.

This means even if you do all your work for your whole life, no improvement will be there in your life.

While another is Deep Work.

#2 Deep Work

Deep work is an activity done by professionals in a distraction-free environment.

Deep work is a little hard but important intellectual work that can be done all time without distraction.

In deep work, you require a distraction-free environment.

That increase to thinking process as much as, it is very valuable and hard to replicate.

This means no one can steal and copy your that skill.

This means, your work will be unique and powerful by Deep Work.

If I tell some examples of Deep Work.

  • American writer Mark Twain used to work in such an isolated room at his home, that his family member had to blow the horn to call him.
  • Microsoft founder Bill Gates also celebrates Think weeks two times a year. In Think week he thinks about new ideas and reads books by living far from the people.
  • The professor of MIT and award-winner novelist “Alan Lightman” goes to his small island where there is no internet and mobile.

You might think that our work gets finished by being distracted also.

Then what is the need for this Deep Work to have no distraction?

Here I tell you what the work you are doing while being distracted or semi-distracted.

That work will be done by some Robots, Software, or Machines in the future.

If you won’t have the skill to do deep work then thousands of people will be ready to do this multitasking work at a cheap cost than you, due to overpopulation and unemployment.

This means your shallow work will be automated in the future in some way.

Now let me explain to you with the help of a concept.

3 Effective Strategies for Time Management in Business

Why the Shallow work is so bad?

That concept is “Attention Residue“.

Let’s say you are working on a project with your 100% focus and now you started checking the notification that comes to your mobile suddenly.

But when you come to your work again, then in 100% focus, your 20-30% focus goes to mobile and only 70-80% focus comes back.

This means that 20-30% was your “Attention Residue” that was left in your previous work.

And to make 100 % focus again, you need much more time. And this way in multitasking you do many things at once.

While switching from one task to another, your much more concentration is wasted. Due to this, you never work with your 100% concentration.

If you want to make rare, valuable, and unique to yourself. Then you just have to learn to do Deep Work.

Because in the coming time due to digitalization people would have less than 8 seconds of attention span. And If you would have the ability to do Deep Work for hours.

Then your position will be a rare valuable professional who can produce world-class quality work.

Remember – Only 3 types of people will survive and go ahead in the upcoming tough skill-based digital economy.

#1 People with Big Capital  

Who has a lot of funds and can invest in big companies.

#2 People who understand Technology 

A people who can understand and work with Artificial Intelligence, Machines, and technology.

#3 People with Expertise in their field 

People who have expertise in their field.

Obviously the best suitable for all out of these three is to become an expert in own field.

If you will become an expert in your field when you can do Deep Work with full concentration.

So let’s know 4 methods to do Deep Work.

4 Methods to do Deep Work

#1 Monastic Deep Work

In Monastic deep work, you get isolated to achieve your goal by leaving everything behind like a Monk.

Like in the 1970s, Bill Gates isolated himself from the world for 8 weeks and made the first version of BASIC.

That coding is the base for Million dollar company Microsoft.

Obviously, leaving everything aside like a monk (keeping yourself disconnected from the world) and going to work for a goal is possible for very few people.

But if you can do this then you will get a big advantage.

#2 Bimodal Deep Work

This means you can adopt the Monastic approach sometimes and live a normal life the rest of the time.

This approach is for those who can’t keep themselves away from the world.

Like J.K Rawling was facing so much distraction at home to finish the last book of Harry Potter. Because she was troubled by the barking of dogs, the noise of children, and many other distractions.

That’s why she followed this Bimodal approach. When she had to work on her book, then she used to write in the hotel away from the internet and people. And later came home and lived a normal life.

You can also do the same. Like to work on any project get out of contact for 2 hours. And when your work is completed then come and live a normal life.

#3 Rhythmic Deep Work

The basic idea of this approach is to build a habit of Deep Work on a Rhythmic basis in your life.

So in this, you have to fix a time, that you will do Deep Work every day at this time and Shallow Work is fine for the others time.

For example, you can decide that in the morning you will do deep work and for the rest of the time you will do shallow work.

#4 Journalistic Deep Work

If you remain busy the whole day then you can follow this approach.

In this, like a journalist when you get the free time it may be half an hour then you do Deep Work.

Like when you know, today you will be free from 3 to 3:30 PM.

Then close your phone at that time and go to some isolated place and do your work.

I prefer this technique and I used it multiple times. 

Whenever I get time, I work in deep mode on that time or that day.

Means doing Deep Work with fully customizable and according to my situation.

An extreme example of journalistic deep work is “Peter Shankman“.

When Peter had to write a manuscript of a book.

Then he followed a different and powerful idea. He Booked a round-trip business class flight from America to Tokyo.

Because no one can disturb him there and after 30 working hours with full concentration on the flight, he completed that script.

He had to pay the cost of doing Deep Work at the height of 30000 feet.

But the quality of work he produced by doing deep work there, the cost of the flight was nothing before that.

So these are the different types to do Deep Work. 

But the principle is the same, that work distraction-free.

You can also start doing Deep Work by using any technique out of these four according to your need.

Final Words

Work is mainly of two types – Deep work and Shallow work. Deep work is valuable and rare. Deep work can be done mainly in four ways that are a Monastic, Bimodal, Rhythmic, and Journalistic approach.

In this 21st century, If you can do deep work without distraction then you can also produce world-class work, like Bill Gates and J.K Rowling.

Now, these are all things I have learned from Cal Newport’s book “Deep Work”. 

If you are still reading this article then congratulations. You are more focused than 90% of the people who read my blogs and for you, doing deep will be very easy.

Thank You & Happy Reading!