You're procrastinating 80% of your time (here's how I fixed it)
By Behind The Diary
Summary
## Key takeaways - **Master the Signal vs. Noise Ratio**: To maximize productivity, distinguish between the 'signal' (critical tasks) and 'noise' (distractions). Steve Jobs aimed for 80% signal and 20% noise, prioritizing the top 3-5 essential tasks for completion each day. [01:17], [02:26] - **Embrace 'Doing Things That Don't Scale'**: For early-stage businesses, focus on manual, unscalable actions to deeply understand customer needs. Airbnb founders personally photographed listings, and Stripe founders installed software, gaining crucial insights before scaling. [05:20], [06:15] - **Failure Fuels Innovation**: Embracing failure is crucial for innovation in a rapidly changing world. Amazon's success with AWS came after numerous costly failures like Fire.com, highlighting that rapid experimentation is key to finding breakthroughs. [11:35], [12:59] - **Reason Upwards from First Principles**: Start with fundamental questions ('What do I have to say? Who is it for? Why does it matter?') before deciding on a platform like a podcast. Avoid reasoning downwards from trends or suggestions. [13:34], [14:00] - **Leverage YouTube Analytics for Growth**: YouTube's detailed analytics, showing viewer drop-off minute-by-minute, provide invaluable feedback. Regularly analyzing this data allows creators to understand audience preferences and refine content strategy for continuous improvement. [15:38], [16:00] - **Value Strangers Over Self-Interest**: When creating content, prioritize delivering value to your audience rather than focusing on yourself. Ask if your post is valuable to others before hitting 'publish'. [17:52], [18:20]
Topics Covered
- Master the signal-to-noise ratio for peak productivity.
- Do things that don't scale to unlock growth.
- Embrace failure as the engine of innovation.
- Reason upwards from first principles, not trends.
- Leverage analytics for creator destiny and growth.
Full Transcript
I'm going to be honest. I'm pissed off.
I'm annoyed that nobody told me what I'm
about to tell you earlier in my career.
And it all makes sense now. It makes
sense as to why some people through
history have been so unbelievably
productive while other people don't seem
to make much progress at all. And it
comes down to this idea that I'm about
to tell you, which is called signal
versus noise. And I'm going to show you
how to implement it into your life. Oh,
and also there's this essay that I read
called Do Things That Don't Scale. I
read it like a decade ago and it's
changed my life so much. So many of you
are building things and you need to know
this essay. So stay with me. Stay with
me guys. Okay? We can do this. Just give
me 10 minutes of your time max. Okay.
Okay. I have to tell you this probably
to share it with you but also probably
because I've just learned something
about productivity, entrepreneurship,
building success which I can't get out
of my head. I just had Kevin Olirri on
the podcast who's a shark from Shark
Tank USA and he punched me in the face
with a point that he made about his
experience with Steve Jobs and how Steve
Jobs has this ability to understand what
the signal is versus the noise.
I used to work for Steve Jobs in the
early '90s making all of his educational
software. There's a concept that he
understood that very few people focused
on back then in the early '90s of signal
to noise ratio. His vision of signal was
the top three to five things you have to
get done in the next 18 hours. You're
going to get those three things or five
things done that you have deemed
critical for your mission. They must get
done today. Anything that stops you from
doing that is the noise.
So this signal to noise ratio to be
successful for Steve Jobs was 8020. 80
signal 20 noise. And as he was saying
it, I realized that it's like very much
the missing piece in my life at the
moment. Because as a creative and as
someone who has so many ideas, sometimes
I think I waste my energy pursuing
things that are not the signal are not
the most important thing to get done
today. And I think we can probably all
relate to the fact that sometimes we
wake up in the morning with one
particular plan and then our emails
happen and WhatsApp happens and we end
up drifting off into the noise and we've
lost a day which is taken away from the
signal because life is a zero- sum game.
there is a finite amount of things that
we can be doing. And it just made me
think, [ __ ] do you know what I should
do? What I should do is I should
organize everything that I have to do
today, every task that comes in into one
of two columns. The signal column, which
is the most important things, the things
that I woke up this morning focused on,
and a noise column. And so that's what
I've done. I've just, as you can see
over there on my laptop, I've basically
organized my tasks today into one of two
columns. There's a signal column and
there's a noise column. And everything
that comes onto my desk today and all
the things that I have buzzing around in
my head and on my to-do list are now
going to fall into one of those two
columns. Things that I have to do,
things that I have to get done today
because they're the most important stuff
to move me towards my goals, and things
that are noise. And the noise column are
things that I'm going to delegate to
other people. I've actually used this
clip that I'm about to show you of
Johnny Ives saying this over and over
and over and over again. Run the clip.
You can achieve so much when you truly
focus. And one of the things that Steve
would say, um, because I think he was
concerned that I wasn't, um, he would
say, um, how many things have you said
no to? And I would, honestly, I I would
have these sacrificial things cuz I I
mean, wanted to be very honest about it.
And so I say, oh, I said no to this and
no to that. and um he but he he knew
that I wasn't vaguely interested in
doing those things anyway. Um so there
was no real sacrifice. What what focus
means is saying no to something that you
with every bone in your body you think
is a phenomenal idea
and you wake up thinking about it but
you say no to it because you're focusing
on something else. in my calendar. I'm
going to have a signal and noise session
every morning to figure out what the
most important things to accomplish
today are. Let's try this together and
let's um stay in touch via via the
comment section. When you wake up
tomorrow, first thing you do when you
wake up tomorrow morning is create two
columns on a piece of paper or on
whatever tool you use and put the most
important things you want to accomplish
that day into the signal column and then
everything else into the noise column.
Let's see how we get on.
[Music]
I was just saying to Jamaima in there
that I have this new idea for us to
figure out how to make a really really
retentive podcast episode. We take the
episode unlisted link, we put it in
directio circle and from that we're
going to get the retention graph back
and then we're going to do the edit
based on that. And this this is the
first episode where we really like we
really do it that way. And the reason I
say this is because going forward in the
future, if we find this to be useful, we
can we'll we'll we can change our
processes. You see what I'm saying? And
Jamaima's response to me was I could see
in her face there was concern that it
would take too long and it would be too
manual based on our current process
because our current process runs like a
military operation. So adding something
into that process that would be a bit
clunky, a bit manual, and that we
haven't figured out, I could see was a
bit of a concern. As I saw that concern
in her face, Paul Graham's 2013 essay
sprung to mind and it's called do things
that don't scale.
What do things that don't scale means
doing things very manually for your
early customers.
So, let me give you an example. When
Airbnb, the founders of Airbnb, and I've
interviewed uh Brian Chesy from Airbnb
launched Airbnb, they noticed that their
users were uploading really, really bad
images of their Airbnbs to the website
and that was impacting the customer's
experience. So to figure out if this was
an important part of the customer
experience, the founders of Airbnb
manually went knocking on doors of their
users when they only had a couple of
users. And they said to those users,
"Can we come in and take professional
photos for you?"
I would go there and I'd be like, "Wow,
the photos are terrible. This is
actually a really nice house." And the
host like, "Well, I can't figure out how
to get photos onto my computer." And so
I went home with Joe and we borrowed a
camera from one of our friends and we
knocked on the door. I'm here, the
photographer. and they're like, "Wow,
this is a small company. The founders
also photographing my home."
Now, the founders of Airbnb knocking
doortodoor is not scalable. You're not
going to be able to do that with the
hundreds of millions of users that they
now have. At the start, it wasn't
scalable. It was so unbelievably
important that they did something that
wasn't scalable and later they could
figure out how to make it scalable. But
if they had obsessed over it being
scalable from day one, they never would
have done it. They never would have then
got the feedback from doing it and they
never would have had the hundred billion
dollar success that was Airbnb. Mark
Zuckerberg at Facebook manually pitched
users at Harvard to join Facebook in the
early days. It wasn't scalable. You
can't scale that. And when I say scale,
I mean you can't automate that process
of Mark Zuckerberg manually pitching the
three billion users that Facebook now
has. But in doing so, he got from zero
to one. He learned what he needed to
learn and then he figured out how to
scale. And another example is one of the
most famous companies in the world
called Stripe, which is probably worth
hundreds of billions of dollars now.
It's a payment company. And in the early
days, the founders Patrick and John
Collinsson would literally go to their
customers offices onto their computers
and install the software for them.
Absolutely didn't scale. You can't do
that for a billion people. And this is
really the point because so many
founders, they understand that they want
to reach a billion people. They want to
be the next Airbnb, the next Meta, the
next Stripe. So they think that they
have to behave like Stripe, Meta and
Airbnb behave now. They think they have
to think in scale. And this is where
they make the critical mistake because
all of those companies I just named,
none of them at the start were thinking
in terms of scale. Whenever you feel
like
something that is unscalable is going to
stand in the way of your team or you
figuring out the answer to a very
important question. You have to come
back to this phrase, which is do things
that do not scale.
Hey guys, it's me, Will. I edit these
videos, the one you're watching right
now here on Behind the Diary with Alex
on our team. Now, my goal is to sneak in
to every single one of these videos to
ask you guys to subscribe because the
more of you that subscribe, the better
these videos get, the bigger the channel
gets. But a few weeks ago, he said that
if this gets bigger than the main
channel, he will make me a millionaire.
So, do me a favor. If you want to see
Steve lose a million pounds, click
subscribe. These videos get better. It's
currently half 12 at midnight. Please
subscribe. I really want to get this
edit out. So, please, please subscribe.
Thank you. Thank you so much. Thank you.
Bye.
LA is now my new home and it's my home
because we want to build the business
out here. So, here's the context. Flight
Story is expanding into America. Our
first studio is actually in Boston where
Kirsten Holmes, who signed to Flight
Story, records her show. Our next
location is here in Los Angeles. And I
think our next location will be in New
York City, which will be our commercial
office. Isn't this crazy? Look, I'm
moving to America. That's the only
suitcase I took. Other than this is why
I wear black every day because if you
just wear the same outfit every day, you
can pack super light. People always take
the piss out of me cuz I think they
think I think I'm Steve Jobs. It wasn't
a choice I ever made. It's just life
gradually pushed me in the direction of
the path of least resistance. And that
ended up being just wearing the same
outfit every single day. But we could
run the maths on screen. Like if you
just saved 20 minutes a day on choosing
what to wear and then you saved one hour
a week on let's say things like travel
and packing.
How much of your life would you save?
Will Alex run the numbers? And listen,
some of you get tremendous amount of
value from picking your outfits and
fashion and all those kinds of things.
So knock yourself out. But if it's not
giving you tremendous value, if it's not
giving you more value than the time you
would save would give you, then maybe
that's a simple optimization, which is
just simplifying your wardrobe a little
bit.
Can I here in LA flying out to cans in
the south of France for the creativity
festival that takes place every single
year. Every marketeteer, every big
creator, every media owner flies out
there for this one festival. And I'm
going to show you behind the scenes. And
there's three lessons you're going to
learn. The first is about failure and
experimentation and why this is my
absolute religion and why it needs to be
yours. The single button which big
creators press every single day and why
you need to press that button too. And
lastly, this framework called value for
strangers which I preach to everybody,
but it seems that almost nobody
understands.
[Music]
Um, why do I do these things? I do these
things for multitude of reasons. Reason
number one is it's a great opportunity
to meet so many of you guys that listen
to the show. I have moments all the time
when I meet fans that stay with me
forever. So I'm hoping to have some of
those moments today. Reason number two
is it helps the business. So we make
lots of contacts with platforms and
partners that can help us build Flight
Story. But also again in the sake of
radical transparency, we get quite big
fees for coming out here. This trip will
make Flight Story about £200,000 because
of coming out here. That money goes into
the business. I think sometimes when
people hear that you're making 200k from
doing some talks, people think that the
money goes straight into your pocket,
but I'm building a business here. So,
the money doesn't um come to me.
Short-term sacrifice for long-term game
because we're going to try and build a
multi-billion dollar company. So, where
is the team?
Good luck.
Very good to see you. Big fan of yours
and been following your for many years.
Can I take a selfie with you?
Thank you.
Thank you so much. My pleas. Nice to
meet you. I want to welcome Steven
Bartlett.
So the biggest risk in innovation that
everybody is taking right now is not
taking enough risk. What we all know for
sure is that the world is changing. If
you're 40 years old now, by the age of
60, you'll experience a year's worth of
today's change in roughly 11 days.
Logically, in order for you to keep up
with that rate of change, your rate of
experimentation needs to basically match
that rate of change. You have to get
really, really comfortable as an
organization or as a creator or an
individual with failure. When Jeff Bezos
wrote his shareholder letter in 2015, he
said, "In order for us to be successful,
we have to be the best place on earth to
fail."
I've made billions of dollars of
failures at amazon.com. They don't
matter. What really matters is companies
that don't continue to experiment,
companies that don't embrace failure.
They eventually get in a desperate
position. The only thing they can do is
make a kind of hail Mary bat at the very
end of their corporate existence.
So in our company, how do we do that
practically? We have a failure and
experimentation team whose KPI as they
report to me every single week is the
amount of experiments we've ran. Notice
I'm not saying how many of them went
well or really how many of them failed.
It's purely the input which is the
controllable which is how many
experiments have we ran. And our job is
to ramp up the amount of experiments
we're running because the very nature of
it being an experiment means we don't
know how it's going to go. Every success
we've had, every breakthrough that we've
had that's completely changed our
trajectory as a as a business, as a
podcast, as a media company, has come at
the expense of nine things that went
really badly. And Amazon, again, they
said it's the one in 10 that pays for
the graveyard. None of you know about
Firef. You probably don't know about
Endless.com. All of these things cost
Amazon hundreds of millions of dollars,
but you probably know AWS, which will
make them hundred billion this year. the
game here to find the correct answer
before your competitors, no matter what
industry you're in, is to fail quicker
than them because failure is feedback.
Feedback is knowledge and knowledge is
power.
Thank you very much.
Thank you.
What you're about to see is something I
encounter all the time. A girl comes up
to me and says she wants to start a
podcast because people told her to. That
is not a good enough reason. If you're
thinking from first principles, you'd
start with questions, not conclusions.
You'd ask yourself, "What do I have to
say? Who is it for? Why does it matter?
And what's the best platform to
communicate it? Only once you've
answered those questions can you
reasonably arrive at the conclusion that
a podcast is the answer. That's what we
mean by reasoning upwards from first
principles. But too many people do the
opposite. They reason downwards from a
trend or a suggestion. They start with
an answer like I'm going to start a
podcast and then they scramble to figure
out what they're going to say, who it's
for, and why it matters. That is
backwards. If you start with the wrong
answer, even the best execution won't
save you.
All my comments are like, "You should
make a podcast." And like now I feel
inspired to. I just don't know like how
to take the first step.
Give yourself one year where you say to
yourself, "I'm going to be really,
really bad at this." And this is my
testing year. And what that will do is
it will take all the performance
pressure off you, which will mean you'll
do the necessary thing of trying enough
[ __ ] to figure out what works. What ends
up happening a lot of the time is you
think that podcasting is two people sat
at a table. If you just sort of relieve
yourself of any preconceptions about
what a podcast is, you'll probably end
up making something really interesting.
But don't even get rid of the word
podcasting. Say, I'm going to start a
YouTube channel and I'm going to do I'm
going to I'm going to give there's
something that my audience like that I
deliver on. I'm going to find the best
way to deliver that.
Okay. Thank you so much.
Nice to meet you. Of course.
What's your advice to everyone?
Um my advice to everyone is to go and
follow you.
Say uh follow Fizza Speaks. FCA speaks.
Follow Speaks. As long as she's doing,
you know, I don't know what content
you're making, but
I'm doing a quick talk on stage here for
YouTube/Google, which I'm excited about.
On my way there now,
ladies and gentlemen, Steven Barber.
Thank you. Thank you. Thank you. YouTube
has the best data and analytics. And for
someone like me that wants to be able to
influence what I'm doing, you need to be
informed by data and analytics. Now, in
the the back end of YouTube, there's
this like one button and you can click
into the advanced section and and see
this wonderful graph and it tells you
every single minute how many people
dropped off in that exact minute. And so
I can go through every single minute of
a 2hour, 3-hour conversation and go, "Oh
my god, yes, I asked a question about
that subject or I spoke for too long."
We've been able to learn exactly what
our audience want. The game of YouTube
for us became just listening. That
informs next week's episode. And having
that control as a creator means that
your destiny is in your own hand. And
it's no lie to say I spend two and a
half hours still to this day in YouTube
studio looking at the analytics.
Ladies and gentlemen,
thank you so much for everything. I've
been following you since the social
chain. Right now, marketing and getting
out there is a madness. I I when I speak
to people oneonone, I get business. What
is the one piece of advice that you can
give that will blow it away? I know you
said experiment. I've got that down. But
the one thing you know from experience
I always assume people aren't going to
like the answer. It's not simple or sexy
and it's kind of obvious.
Okay.
So I would only focus on LinkedIn.
I do. I get only focus. Right. So how
many times you post a day?
Once a day like consistently.
Okay. So you posted every day this week?
Yes. I posted um yesterday and got a
post coming out today.
And what type of thing did you post? Did
you post videos, photos?
So I post I posted a video.
What did you learn about
that video? I learned about how you can
That's a good question.
How many comments?
Wow. It got I think 12 12 comments.
Are you sure?
Do I need to know my analytics cuz my
head?
It's the most important thing. If you
don't have a feedback loop, you it's
you're going to feel like you're not
making any progress. I spend 2 and 1
half hours a day looking at the back end
of my YouTube videos.
2 hours a day a day.
Okay.
And this is how you improve.
Every single post is data and the
information exists in the back end of
every single platform. And that
information tells you why people
watched, what they clicked, when they
stopped watching, what they said. All of
that is information that can feed into
your next post. So you have to produce,
publish, and then pay attention and
repeat that cycle. We spent pretty much
all last I mean last night, the night
before in our WhatsApp group talking
about the analytics like we are at war
with each other about these [ __ ]
analytics
and this is how you improve. And so if
you have the consistency, which you say
you do, that the the end of your
feedback loop where where the where
there's a gap is are you learning from
what you're posting, every single thing
you post is not about you and your
business. It is value for strangers.
What's your mom called?
Alison.
Okay. Alison. So Allison will think
everything you do is valuable.
Okay?
Cuz you can post what you eat for
dinner. You go, "Oh, thank God." Right?
But
I need to understand him first. I feel
like I need to know him first. I need to
know what he
So that's who you establish your
personas, which is what we do. So we
have our four personas. And every single
time we write a post, we say, "Which one
of our personas are we serving?" But
every single thing you post from now and
forever, you need to ask yourself before
you hit the post button, is this
valuable to people? Do not give a [ __ ]
about me.
Okay. And a couple times every day.
Yeah. Steven, can I do are you okay with
hugs? Is that is that uncomfortable?
My team was telling me that you you ran
a master class on YouTube.
Oh really?
Yeah. Because you know how you can tell
like they were all saying to me is like,
"Oh my god, the number of people taking
notes when Steven was talking." But
that's what people leave with something.
Well, I'm so passionate about it. I
talked to everybody about why I'm so
engaged with YouTube as a creator. I
talked to everybody about the disruption
of TV. Um the percentage of my audience,
about 33 35% that are now watching on TV
and how it's disrupting multiple
industries at once. So, I'm super
passionate about it.
Yeah. Examples like you are are really
the inspiration of why we go to work.
Like our mission statement is to make it
so that you're successful because you're
doing something important and getting
your ideas out there to an audience. A
about finding that audience, but b it's
about actually creating the economic
opportunity for you so you can keep
doing it.
And that's our mission.
Sh.
I have come all the way from South
Africa. I want to say thank you for
inspiring me. Your book is like a Bible
next to my bed. I don't watch movies on
planes. I watch your podcasts. You
couldn't afford even a ticket to get in
here and I sat outside and waited.
So sweet. You okay? waited to actually
meet someone from Google and just say
that this was my dream to meet you in
person. You're so sweet. I am so
grateful. Your story is incredible and
you have been my mentor without even
realizing it. So just
are you give me a so
tears and all managed to break in. I
love that. I love that feeling.
Thank you so much. What are you doing
for the rest of the day?
Uh I could fly home right now. I don't
care. So sweet. I wish there was
something I could give you. I don't have
anything on me, but I wish there was
something. I'll give you my hat. You can
have my cap. It's a little bit sweaty,
so don't put it straight on.
[Music]
That is my dog, Pablo. And uh Pablo is
very, very sick at the moment. He spent
the last 8 weeks going in and out of the
vet. Um I'm so scared. And I think he's
going I just tried to feed him and he
throws up all of his food.
Oh my god. Since I got him all those
years ago, almost 10 years ago, I've
never in my life seen him this skinny
and this frail. He can't walk properly.
He can't hold his food down. He uh can't
control his bowels. He He's not moving
much anymore. And it's really really
sad. He's been with me for the last 10
years and he's been everywhere with me.
And Dragon's Den or the podcast or the
businesses or whatever. It's all
happened in those 10 years. and it's
it's happened in a variety of different
cities and locations and countries and
Pablo's been there with me through it
all. He's one of my oldest friends in
the world and um
got him as a baby and now I guess he's
an old man. He's helped me in the last
10 years
realize that a lot of the problems I
faced or the challenges I faced weren't
real problems and he's helped me realize
that life can be so simple. just like
watching him mess around with like a
Lucas aid bottle or splash about in the
bathtub and have so much fun with such
simple things has always made me realize
it's been this great reminder that um
life can be simple and we can find joy
in simple things and I'm like contending
with the realization that
I'm going to have to say bye and it's
not easy. Um, that's a good point.
And yeah, through the last 10 years, at
times it can be very, very lonely. And
actually on many nights, many days, the
only person that I've had through the
weekends or late at night has been has
been Pablo. You know, to be fair, I
don't have that many friends and my
friends don't live close to me. So,
especially on weekends, it's mainly just
been me and Pablo for the last 10 years
together.
I am your best friend. You need to start
realizing this because I can open
cupboards. And then when I open the
cupboards, do you know what I can do? I
can open packets of 80% beef with
wholesome fruit and veg.
He's given me um fun. He's given me so
much love. He's given me so much. So,
it's difficult. It's difficult. As I've
come to terms with the fact that I'm
probably going to lose him soon,
I um
I'm really going out of my way to
express my appreciation to him in all
the ways that I can, you know, like I'll
never properly be able to say thank you
to him.
And it's funny how like when you're
confronted with that realization that
you like deep down knew was going to
happen, how much you wish you could just
do it all over again. How much you wish
you could have all that time over again.
And how much you wish you could just you
could say thank you over and over again.
I guess that's what makes anything
valuable in life. It's valuable because
you only have a limited amount of it for
a limited amount of time.
It's all right, man.
I love you. Thank you. And I'll see you
next week.
[Music]
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