Seven Point Sunday #7

by | Jun 6, 2021

How are those New Year’s resolutions going?
We’re about halfway through the year. I hope this doesn’t sound obnoxious, but I’d like to share my halftime report – in case it’s helpful:
  • Practice Spanish – 186 days (every day)
  • Daily vitamins – 186 days
  • Meditation – 186 days
  • Practice guitar – 138 days (I slipped a bit)
  • Vegetarian – 129 days (I’m carnivorous on weekends)

I try to create “good” habits – taking small actions every day that can transform your life. It takes on average ~65 days to form a new habit.

I set my goals – and then track them every day with an app (see below). And now I can’t go a day sin practicar español ni meditar.
Let’s talk about habits – like writing & reading this newsletter.
Sunday Seven
💼 Portfolio Career
Fer Franco is a teacher, musician, producer, who also works in property management based in Guatemala. His advice to aspiring multi-careerists: “Work on your habits. Conduct an honest assessment of your current habits and project them into the future, see where they lead you. This is something I’ve learned the hard way and would’ve liked to have paid more attention to earlier.” Learn more about his journey.
⚡ Productivity

I use Habitbull an app to track my habits. It’s free. Set up a habit like “exercise” and then click the button that indicates “yes” or “no” every day to record your activity. I don’t like having many “no’s” staring me in the face. I bought the premium edition ($5) so I could add more habits and export my data. If you want a more comprehensive system, try Goals on Track (~$5/month) with which you can create sub goals, milestones, track progress, and stay motivated (with many e-books).


💰 Money

Don’t look at your stock portfolio (every day). According to Dan Ariely, a behavioral economist, when our portfolio is up, we’re happy. When its down, we are extra miserable. This is known as “loss aversion,” as humans tend to value losses twice as much as gains. “What happened in the past is water under the bridge,” he says. “From time to time, it’s good to imagine life as starting from scratch.” Get in the good habit of focusing on the firm/stock you’re buying, not the daily fluctuations.


📚 Books

Read The Power of Habit by Charles Duhigg. This book changed my life. It made me rethink my diet, exercise regime, mental state. Its exhilarating argument: The key to exercising regularly, losing weight, being more productive, and achieving success is understanding how habits work. Duhigg shows that by harnessing this new science, we can transform our businesses, our communities, and our lives.


🎵 Music

Listen to Tumaini by Berta Moreno. An uplifting and joyous musical journey that takes listeners on a vibrant tour of Kenya. Informed by the bandleader’s life changing experience volunteering in the Kawangware region several years ago, this heart-led new release seamlessly intertwines elements of soul, jazz and traditional African styles. It was a great honor to help produce this album. Get in the habit of listening to this one!


📽️ Film

Watch (DisHonesty) – The Truth About Lies, directed by Yael Melamede based on the work of behavioral economist Dan Ariely. This film explores the human proclivity to lie with personal stories, expert opinions, and archival footage. By becoming aware of how lying is a habit of humanity, we can more directly confront it.


📷 Photo

What’s your favorite point?
Tweet @kabirsehgal using #7PS so I can find your thoughts


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