At the end of each calendar year, between Christmas and New Year, I sit down and spend a full day without distraction taking stock of the year that was and looking toward the year that will be. I have been doing this for almost 2 decades now and find the return-on-investment to be phenomenal. See more at: http://orrenprunckun.com
2. About Me
I graduated from Flinders University of South
Australia with a Bachelor of Arts and a Bachelor
of Laws and Legal Practice and am admitted as
a barrister and solicitor in the Supreme Court of
South Australia.
3. About Me
I won the Australia Day Citizen of the Year
Award for Unley in 2015, was recognized as one
of the “Top 50 Australian Startup Influencers”
and “Mentors you should know in the startup
space” by Startup Daily. Prunckun received an
Honourable Mention in Australian Anthill's “30
Under 30” award.
4. About Me
I am a member of the Unley Business and
Economic Development Committee. I have
spoken at Microsoft, BDO, Piper Alderman
Lawyers, Flinders University, University of
Adelaide, University of South Australia, The
Inventors Association of Australia, Social Media
Adelaide, Pecha Kucha and South Start
Conference.
5. About Me
I am a Director and President of Startup
Adelaide Inc., a not-for-profit organisation that
exists to foster and support Adelaide based
technology startup sector. More at:
http://orrenprunckun.com
6. Who Is This For?
At the end of each calendar year, between
Christmas and New Year, I sit down and spend
a full day without distraction taking stock of the
year that was and looking toward the year that
will be. I have been doing this for almost 2
decades now and find the return-on-investment
(not strictly financial) to be phenomenal.
7. Who Is This For?
During that time I do the following:
1. Reflect on Lessons Learnt for the year across
different 4 categories;
2. Reflect on what held me back for the year;
3. Capture a Word Cloud from various data
points for long-term states of mind;
4. Capture health metrics across 10+
categories;
5. Account for goals for the past year;
8. Who Is This For?
6. Account for behaviours to maintain, start
and stop (AKA resolutions) for the past year;
7. Plan goals for the upcoming year, the next 5
years and the next 10 years;
8. Plan behaviours to maintain, start and stop
for the upcoming year;
9. Revise life purpose, vision, mission,
personal brand promise, 50 year metrics for
success;
10. And a few other things…
9. Who Is This For?
This routine usually produces 25+ pages of
insights and the process is a deeply personal
exercise - for my eyes only, but I decided that
the Lessons Learnt part may be useful to other
people, so this presentation shows only a small
sample of that yearly reflection and planning.
10. Who Is This For?
The Lessons Learnt are divided into different 4
categories:
1. Life;
2. Health;
3. Wealth; and
4. Relationships.
11. Who Is This For?
Just like I used “return-on-investment” before, I
use these categories in the very board
definitions of the terms. I also sub-divide the
categories further into internal and external
categories.
12. Who Is This For?
For example, health is not just physical health
(external), but emotional etc. health (internal).
Wealth is not just financial wealth (external),
but intellectual etc. wealth (internal).
13. Who Is This For?
Relationships are not just capitalized
“Relationships” – romantic, but any relation
with another person etc. (external), and with
myself etc. (internal) and so on. I strongly
believe this categorization is important to be a
balanced person.
14. Who Is This For?
You may be thinking, how did this list come
about? I simply captured things as they came
up throughout the year to reflect upon or recall
and ritualize the implementation of these rules.
15. Who Is This For?
Many of them are not new realizations for me,
but very good reminders on things to focus on. I
hope you find it useful. To your success in
2018,
16. Life
Most people are inherently lazy, but that’s
okay, because if things were easy to
achieve everyone would have them.
17. Life
Most people want stuff for free, but that’s
okay, free is a great brand building tool,
and most of the time you only get what you
pay for.
18. Life
Content is one of the most scalable free
forms of branding and brand awareness.
19. Life
Most people are jealous, but that’s okay,
what others think of you is totally
reasonable and out of your control.
20. Life
Most people are selfish - they ignore you
until they need something from you, then
forget/pretend they ignored you to get what
they wanted. An elephant never forgets.
This leads too…
21. Life
Most people are stupid. The amount of
people who are “intelligent” on paper, yet
still believe in conspiracy theories and fake
news astounds me.
22. Life
Most people are incompetent. The amount
of who are in “reputable” positions, despite
their idiocy also astounds me.
23. Life
Most people are full of shit, 100% to the
top. The amount of embellishment I have
witnessed, that is verifiable untrue,
astounds me. Do people not know Google
exists?
24. Life
Social media makes it easy for posers and
charlatans (both in terms of content and
popularity) to exist. Again, the amount of
exaggeration I see here is astounding.
25. Life
Most people live very boring lives and are
looking for any bit of excitement, which
makes standing out quite easy.
27. Life
If someone has an uninformed opinion, you
don’t need to listen to them.
28. Life
You should only consider taking advice
from people who come from a respectful
and loving place and add even more weight
if they actually have expense in what they
are talking about.
29. Life
The bar for life is set exceedingly low and
you don’t need to do much extra to stand
out, sadly.
30. Life
Most things are really easy to achieve or
have, it’s the execution and behaviour
change that is required for that is the hard
part. Which leads too…
33. Life
You can be really efficient at
implementation, but without an effective
strategy you’re going nowhere new.
34. Life
Likewise you can have a really effective
strategy, but with inefficient
implementation you’re also going nowhere
new.
35. Life
You price of price of admission is one of the
most important things you can realize and
articulate.
36. Life
Most people don’t know what they want
(specifically and in general), and if they do,
they are terrible at articulating it.
37. Life
When you reveal something about yourself,
it tells one thing about you, but how
someone responds tells you everything you
need to know about them.
39. Life
Assumptions are usually wrong. There are
things you know you know. There are things
you know you don’t know and there are
things you don’t know you don’t know – The
latter two combined are limitless and
assumptions live in there.
40. Life
Reciprocity, that is where people are more
inclined to return free support received,
works every time.
50. Life
Medical practitioners who hold the keys to
a vault of useful information that the
general population doesn’t have, need to
give impartial medical advice based on
medical fact and not based on their
personal conscience.
51. Life
Deferring your agency leaves you without
power and if you defer your agency, you
can’t have cake and eat it too in terms of
results and accountability.
53. Life
Your actions change as soon as if what you
do/say/be was on the front page of the
newspaper for the world to see.
54. Life
If how you act in public is the same as how
you act in private and also is consistent
with who you want to be, they you will have
unshakable confidence.
65. Life
Acting congruent with how something
should be is a myth: if it’s common
“knowledge,” it’s most likely not the
efficient or effective way of being or doing.
66. Life
If you feed the media monster and it may
end up eating you.
69. Life
Life is a full contact sport, expect to get
punched in the head when you are not
looking.
70. Life
The objective explanation and the
subjective explanation are almost always
different yet you believe the latter and not
the former most of the time.
86. Wealth
On the promise end, that is marketing,
brands say one thing, but on the delivery
end, is a very different customer
experience.
87. Wealth
Far too many large organizations have a
marketing budget and they spend it ALL on
graphic design and advertising and confuse
that for a brand.
96. Wealth
You should be spending 2/3 of your day
working on marketing and sales and 1/3 of
your day working on products, product,
services or solutions.
97. Wealth
Most businesses concentrate on marketing
& sales activities and outputs not
outcomes, in the hope that doing activities
(based on the wrong strategy) create
outcomes. They don’t.
110. Wealth
It ironic to see that the generations who
endlessly berate millennials as being lazy,
pissed their money away in their younger
years and are now the biggest burden on
the national budget (15%) and have been
growing the burden year-in-year-out since
1999.
115. Wealth
There is a lot of luck, more than most want
to admit, in making financial wealth.*
116. Wealth
There is a big difference between investing,
speculating, trading, betting and gambling.
Know the difference if you are going to
“invest.” * And…
117. Wealth
If you are going to “invest”, you should think
heavily about risk tolerance, risk appetite,
exit points, entry points, timeframes,
liquidity, opportunity cost, psychological
cost, investment temperament, control,
objectives, allocation percentage and ROI.*
123. Relationships
There is no one person out there that will
give you everything, and if you think there
is, you have unrealistic expectations of
people and will be disappointed each and
every time.
129. Relationships
Every relationship ends until you find one
that doesn’t, and you only know which one
that is once you’re dead, even then you
won’t know because you’re still dead, so
quit stressing about forever, ever-after etc.
140. Relationships
Only those involved in relationships know
what they are. None of us can speculate on
that, especially the press. And what people
want and do their life, doesn't make it less
ethical than others.
141. Relationships
You have your biological and logical family,
neither overlap and you should choose you
latter if the former sucks.
148. Relationships
Qualifying people is the force multiplier and
one of the most important things you can
do, not just the mechanics of it, but the
harder part, of not caring what the outcome
of it is.
149. Relationships
Be honest in your intentions, there are
plenty of people out there looking for that
exact intention.
150. Relationships
If you know what you want and you can
articulate it, you are ahead of most people
and by default will be great at qualifying for
compatibility.
152. Relationships
The only power you have is to put yourself,
who you are and what you want out to the
world and see who responds to that in kind.
153. Relationships
Most people don’t identify with negative
qualities (regardless of objectivity), so
qualifying on this is useless.
154. Relationships
Most people are passive aggressive as they
don’t know how to be assertive. This comes
from a fear of rejection.
155. Relationships
Most people fear being upfront about what
they want and need, because of potential
rejection. Rejection is a positive thing, it
separates incompatibility really fast.
156. Relationships
If you are being rejected, it’s likely that
people ae responding to their context of
you, not actually you.
158. Relationships
Most people are not assertive. Ghosting is a
shitty move and says more about them
than it does you. They are creating future
awkwardness for themselves: this is
Adelaide and they’ll run into you again.
169. Relationships
Unless you have experience as a reference
point for someone else experience, you can
only understand them at a certain level:
their description of the experience makes
sense, but that is about it.
170. Relationships
There can be no reward without agreement
and no agreement without a request and
no request without a possible rejection.
171. Relationships
Just like a vampire cannot enter a house
unless they have been invited in, you can
only take what has been given to you,
nothing more.
179. Relationships
Networking is about meeting people and
how you can help them, not selling to
people or seeing what you can get from
them: it’s all swings and roundabouts and
karma always wins.