Every two weeks, I used to spend an entire Sunday with a friend mass producing 30 lbs of vegetables and 20 lbs of chicken for our bodybuilding diet. Working together, it normally took us 10 hours to complete. Buying groceries, lugging it home, washing vegetables, chopping, slicing, grilling, steaming, packing, and cleaning. It was all routine by now.
All this broccoli washing and garlic peeling usually put me in a rather meditative state. While my hands were on autopilot, my mind would usually wander, exploring the outer fringes of my consciousness in search of the greater meanings of life. Cooking is quite therapeutic…like harvesting strawberries in Farmville, for those who can’t relate :)
One Sunday, I started wondering about the ROI of exercise and eating healthy. For every hour that I spent at the gym and cooking healthy, did I get that hour back as an old man? Like a prudent investor, I was beginning to worry about the return potential of my investment.
Doing some quick napkin math, I figured that one day every 2 weeks was about 7% of my life, and that perhaps that 7% had some value. If you count my friend’s life, you could say we were spending 14% of a life cooking. So we discussed what saving 7% of our lives would be worth to us. After much contemplation, we eventually arrived at a humble valuation of $200.
So I decided to try outsourcing our biweekly cookathon. With a slightly evil smile (and a muahaha), I went on TaskRabbit.com, and submitted our task with all the details of what needed to be done. I was finally beginning to internalize the principles I had learned from the dark side of business – always minimize opportunity cost, and exploit arbitrage.
Within hours, I had several bids offering to do the shopping and cooking, all for under $100! After a bit of negotiating, we ended up going with a woman with catering experience, who could do the whole thing in her kitchen for just $116.
The following Sunday, I woke up to a phone call. “Hi! I’m downstairs.” Waiting for me was the woman from TaskRabbit, and a heaping 50 lbs of food. After chatting a bit about why I needed all this food, and assuring her that I did not have 10 children to feed, I hauled it all back to my apartment and shut the door. A huge grin slowly spread across my face. It was the Sunday of my cooking ritual, and I had only spent 5 minutes.
The rest of my Sunday was spent with friends and enjoying the sun. Sometimes, with a bit of experimentation and arbitrage, you can literally buy back your life. Seven percent at a time.
P.S. If you’re interested in trying TaskRabbit you can use my $10 off link.
If I have to make a calculation similar to yours, I think saving 2 hours might be way greater than just 7% of my life. How long do you put in for you and your friend’s life expectancy? Thanks for giving me a different way to look at life. Perhaps it is why if one can fly, do not drive because long distance driving is really wasting a big percentage of life!!
Even if I lived forever, 1 day every 2 weeks is still 7% of my life :)
You should check out Ray Kurzweil (author / scientist / futurist):
He seems to believe that within our lifetime, we’ll have the knowledge and technology to live forever:
This is amazing, Jason, and I really enjoyed reading about your discovery. I checked out taskrabbit.com and it’s a shame it’s just in the SF area because it’s a really great concept. Lots of people are without jobs, and if they could pick up jobs like these every now and then, I’m sure it helps them out a lot financially. Plus, I’m sure others really wouldn’t mind cooking especially if it’s already their hobby. Great article!
It’s definitely a win win for both parties. Mass production is hard in my tiny kitchen, but a lot easier for someone with a commercial kitchen (the woman who helped me told me the task was a piece of cake). Grocery shopping may be an arduous task for an old man, but trivial for a mother already doing her weekly grocery shopping.
TaskRabbit makes it easy for people to earn supplemental income from the things they’re already doing. This is ultimately what I mean by arbitrage. What’s difficult for you may be really easy for someone else, and it’s economical for both parties to take advantage of this situation.
Can you post the taskrabbit job posting?
I’m with Glenn above. ^^ Please post the task rabbit posting. Thanks for all the great information and motivation!