Cutting What Doesn't Add Value

In last night’s workshop in Los Angeles, one of the topics I discussed was the idea of leaning into OUR values when making financial decisions. So often, we absorb the culture’s values and do things (i.e. spend) in accordance with what everyone else is doing. For every dollar we spend on something we don’t care about, it’s one less dollar we have to spend on something we do. One of the questions I asked is this, “What do you spend money on that DOESN’T add value to your life?” A handful of people publicly answered, but one, in particular, caught my attention. A woman jumped in and said, “Netflix.”

I think this is the perfect example of how values are personal and unique. For this woman, a $15 monthly subscription to a massive streaming service doesn’t add much value for the $15 price tag. For me, on the other hand, I think it may be one of the best cost vs. value propositions in the entire world. But that’s where this money stuff gets personal. She probably needs to cut this expense from her budget, whereas I need to make sure it remains a priority. But there’s a high likelihood that there’s something in her life that adds a ton of value that would be absolutely ridiculous for me to spend money on. She has her things and I have mine. That’s how it’s supposed to work.

This idea is a big driver of whether we have a healthy relationship with money or not. If we’re being healthy, our spending aligns with our values. When our spending doesn’t align, we often create an unhealthy relationship with money. We’re not always going to get it right (like that one time I spent a ton of money for sweet rims on my Acura Integra), but we can continue to get better each day. When we do, life will be richer, we’ll be more content, and we’ll feel far less guilt in our spending.

Generosity Capers

Ca-per (noun): an activity or escapade, typically one that is illicit or ridiculous.

One of the breakout sessions in the Celebration of Generosity Conference yesterday was titled, Generosity Capers. In it, they talked about the importance and impact of creating unique giving opportunities. Capers come in all shapes and sizes. Some capers are expensive, while others are cheap. Some capers are planned, while others are spontaneous. Some capers benefit friends, while others benefit strangers. Some capers are complex, while others are simple. Some capers are serious, while others are silly. Some capers involve cash, while others involve goods or services.

A large tip for the waitress. An anonymous utility bill payment for a struggling colleague. Inviting a friend on a trip, then paying for them. Unexpectedly mowing your neighbor’s lawn while they are gone for the weekend. Surprising a loved one when a service member returns early from a deployment……those always get me! All examples of generosity capers. The possibilities are endless, and we’re only limited by our creativity.

I frequently talk about this topic on the podcast (including our recent episode 220), but I never had a name for it. Now I do! They are called generosity capers! This is one of my favorite forms of giving. Yesterday’s session convicted me of a few things when it comes to generosity capers:

1) They matter more than I realized, and there’s a whole army of people perpetrating them.

2) I need to get even more ridiculous in my execution.

3) I need to do a better job bringing others into my capers.

As part of the session, they created their own caper. In the printed materials handed out to us, one person had a little sticker hidden in it. That person was surprised to receive a Chic-fil-A delivery, scheduled to arrive in just a few minutes (yes, during the session). That wasn’t the caper, though. Earlier in the day, the session leader reached out to Chic-fil-A’s manager and specifically asked them to hand-select who would make this delivery. The manager chose a single mom who had recently experienced a lot of life. This is where it gets good. The session leader communicated to us that the plan was to surprise the delivery person with an unexpected cash gift (we’ll call it a handsome tip). The gift was going to be “in the four figures.” Then, the session attendees were invited to participate if they desired. People all around me were ripping out their wallets and frantically scanning Venmo QR codes to submit their gifts.

About 10 minutes later, in comes the delivery. It was a somewhat awkward situation to hand-deliver a sack of yummy chicken in front of a crowded hotel ballroom, but she came rolling up with a smile on her face. A woman in our group shared some encouraging words with the woman, then prayed for her. Then, a man handed her a check…….$5,000!!!! She looked stunned. “That’s a big tip,” she exclaimed with a shaky voice. She couldn’t quite find the words, but her eyes spoke humility and gratitude. The energy in the room was amazing and I’m so grateful to be part of such a gesture.

Generosity capers, man! New name, same great taste. Generosity always wins!

* stay tuned for some absolutely ridiculous capers, coming soon.

Green Egg & Ham

I ran into my friend, Abby, yesterday and asked her about her Easter weekend. She mentioned her family had smoked ham and a ton of other food. Then, she added, “They smoked it on a green egg smoker.” This launched into an entirely different conversation, leading another person to laugh about the fact someone would make a smoker in the form of a green egg. Who does that? Why would they do that? What’s the point of doing that?

I quickly pointed out there may be one very simple reason why someone would create a smoker in the form of a green egg. We’re talking about how the ham was smoked on a Big Green Egg smoker. Had it been any other smoker, the conversation would have simply gone, “smoked ham.” But here we were, a bunch of amateur non-meat smokers going on and on about a green egg smoker. Geniuses, I tell you!

Between my businesses and my clients’ businesses, I think about this idea a lot. What makes you/me/them stand out? What makes people pause, tilt their heads, and ask questions? What draws people to you? We may not have something as quirky as a green egg to smoke meats on, but we do have something. Here’s the irony. We often try to smooth out our uniqueness to fit in with the crowd. If the Big Green Egg did that, they would just be a regular ‘ol smoker. Instead, we should embrace what makes us different from others and lean into that thing.

Just the other day, I was meeting with a couple. They asked me an interesting question, to which I gave them an honest answer. The wife responded, “I think you’re the only person who would have ever given us that answer……..*pause*………..and we expected you would say something like that.” To be honest, it would be easier if I would just mold myself to be more like everyone else, giving the same advice. After all, I don’t always enjoy the pushback and criticism. It can be exhausting at times. But I need to be genuinely me and not be scared to do so. It’s a battle at times, but a battle worth fighting.

The same goes for you. Don't water down your gifts or what makes you unique. People can go anywhere for the ordinary……they come to you for you. Whether that’s through the lens of you as an employee, friend, family member, or business owner, the world deserves to get the full and real you.