Secret 15. Honey Saved is Time Earned #economics #buytime
Podcast platforms
The Lessons from Nature Podcast is available on Spotify, Apple, Buzzsprout, and other platforms.
David Dorr co-hosts the Economics Series.
Planning: Secret 15. Stashing Honey is Storing Work
Secret 15. Honey Saved is Time Earned
"It's not possible to work all the time. Banked work can be traded for time not working."
-Mother Nature
Domain: Economics
Branch: Financial Economics
Pattern: Buy time (trade banked work for time)
Podcast Episode 15. Honey Saved is Time Earned
David and I discuss the need to store money for colder, leaner times and reinforce the lesson that storing money equates to earning more time for survival, hence, the essential value of foresight and planning in nature.
Description
In this episode, we delve deep into the symbiotic relationship between energy, time, and money. From my personal experience of setting up a greenhouse to the intrinsic value of honey in a bee's world, we uncover the essence of trading energy for time. Together with my co-host, David Dorr, a stalwart in global macroeconomics, we juxtapose the economic secrets of bees with the human art of making and saving money. Listen in as we unearth the wisdom of the hive and apply it to the world of business and finance.
Episode Highlights:
[00:22] Money, energy, and a greenhouse tale.
[06:44] Safety or innovation: The business balance.
[07:55] Decoding the art of business reserve deployment.
[09:00] Exploring nature's buffer: The bee's honey storage.
[10:20] Honey as a buffer: The bee's strategy.
[11:45] Money in the bank vs. honey in the hive.
[12:20] Contrasting bee's efficiency with human consumption patterns.
[14:30] Debating the role of buffers in decision-making and risk-taking.
[16:30] The delicate balance between spending and saving in nature's realm.
[17:15] The art of making informed choices with a safety net in place.
[18:45] The interplay between time, energy, and money in business.
[21:30] Reflecting on nature's efficiency versus human excesses.
[22:50] How nature's cycles mirror economic booms and busts.
[26:30] Discussing the role of innovation in sustainable business models.
[29:30] Debating the merits of aggressive vs. conservative business strategies.
[33:15] Exploring the concept of value creation in the business world.
Links & Resources:
Dorr Asset Management: https://dorrasset.com/
Links & Resources:
Project Honeylight: ProjectHoneyLight.life
Thank you for joining us on this journey through the world of bees and business. If you enjoyed this episode, please remember to rate, follow, and review our podcast. Your support helps us reach more people like you. Until next time, remember, the cosmos is within us, and we are a way for the universe to know itself.
Secret 15. Honey Saved is Time Earned
Summary: The queen reminisces about past seasons, emphasizing the need to store honey for colder, leaner times and reinforcing the lesson that storing honey equates to earning more time for survival, hence, the essential value of foresight and planning in nature.
