Precipice: Recent Episodes

Precipice

We are all about redefining success, young people have been lead to believe that success means having a nice car and too much money. We aren't against that, we just think that everyone can be successful - by being more effective and efficient in what they're passionate about. Precipice is about Redefining success and helping people become more effective at what they are passionate about.

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In this episode we explore how we can be most resourceful with the things that we already have access to. Whether these be physical or intellectual resources. 

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This concept was inspired by Mark Twain and even lead Brian Tracy to write a book called "Eat your frog". The basic concept is that doing the most unpleasant thing first thing in the morning makes your entire day more productive and pleasant

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In this episode Mthoko and Ross talk about what it means to have a "Growth Mindset" 

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In this episode we talk about the enneagram personality test. We briefly talk about how it works and how it can help us be more self aware. 

You can do a free enneagram test here: https://www.truity.com/test/enneagram-personality-test

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We are all unique in the way we view the world. Our mindset towards situations can greatly determine the outcome. Today we discuss what types of mindsets different people have. 

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Today we're talking about saving, you know that thing that no one likes doing? We're also going to be discussing investing. And no, we're not talking about day trading like wolf of wall street or the series billions. We're talking about sustainable, actionable investing that allows you to build more wealth and plan for your future. 

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In this episode we interview AP from Kamva-elihle Bricks. He tells us about his business. How he dropped out of university to start his business and how he navigated the COVID-19 pandemic. 

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Today we are speaking about budgeting. Once you get your monthly income, what do you do with it? It's all about planning and being aware of what's happening with our money.

Here is a free spreadsheet to get you kick started with you budgeting: 

Precipice Budgeting Template

The other app we talked about in this episode is 22seven. 22Seven is an app available for Android and Iphone that plugs directly into your bank account. It allows you to track how you are spending your money and plan how you are going to spend your money. It sends you helpful alerts when you go over budget and when it picks up fraudulent or suspicious behaviour. The best part? It's 100% free and supports just about every bank in South Africa. Also it's made by old mutual so you know you can trust it. 

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Today we are talking debt.

We discuss

  1. What debt is
  2. Is there good and bad debt?
  3. How to get out of debt
  4. How to never get into debt again.

Some cool links we discuss in the episode:

  1. https://businesstech.co.za/news/finance/351867/south-africans-have-shockingly-high-levels-of-debt/
  2. https://commodity.com/debt-clock/southafrica/

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In this episode, Mthoko and Ross discuss what precipice will discuss in this upcoming series on personal finance. 

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Today we are interviewing Ross Griffin - he is also one of the hosts here at precipice, but today we're talking to him about his business Conte a marketing agency that has just started out. BusyBuilding is also a new series about Entrepreneurs who talk about their businesses. 

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In this episode we explore private communication. That is, talking to someone one-on-one. 

Here are the main points we discuss in this episode:

  1. Listen quickly
  2. Don’t equate your experience with theirs
  3. If you don’t know, then say that you don’t know.
  4. Be present
  5. Conversations are not an opportunity to brag
  6. Don’t be a know it all

Negative Feedback loop

  • Communicate
  • Feedback
  • Adjust
  • execute

Interesting Links: 

Ted talk by Celeste Headlee: https://www.youtube.com/watch?v=R1vskiVDwl4

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Announcement

We have launched our website! Go check it out, because we now offer public talks. 

What is public Communication?

Public communication is when (usually) a single person delivers a monologue to a group of people. 

Andy Stanley is a massive inspiration to Mthoko and Ross. Here is a talk he did on 'How to give a talk':

https://www.youtube.com/watch?v=9GSVSfaCyf8

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In this new series we're going to be talking about communication.  Communication is the exchange of information. Sometimes to be more effective at what we're trying to achieve we need to communicate better, more effectively or more broadly. This series is about how to do exactly that. Join us as we explore the art of communication. 

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Over the past few weeks we've spoken about how to: 

  1. Have a good goal

  2. Have the right environment

  3. Show up

And this week we are talking about rewarding ourselves. This is what makes a habit enjoyable. It's what makes doing the habit worth it in the short term. 

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In this episode we talk about showing up. In other words, actually doing the thing. You know, like Shia Lebouf? Today we talk about the importance of optimising for the start, not the finish and how important it is not to miss a day. And, what to do when you do miss a day. 

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Habits are what define who we are going to be in the future. Last episode we spoke about our 4 part Habit creation framework. This episode we talk about how to have  a Good Goal and the importance of having the right environment. 

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Habits are what define who we are going to be in the future. In this episode we talk about what a Habit is, why Habits are important. We also outline a 4 part frame work inspired by James Clear that will help you either make new habits, or break the older bad habits. 

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Precipice is a project between to guys Ross Griffin and Mthoko Gumede from South Africa. We are trying redefine the stereotype for success and help people become more effective. In this episode we talk about who we are, what we're about and what the goal of this podcast is.