What type of 'happy' are you? đ„°- Sourire Ă la vie đ- Dare to engage by Emmanuel Faber đ-Netflix x Sports âœïž- Why Saudi Arabia is investing so much in sport?
Lâessentiel nâest pas la rĂ©ussite mais de se rendre digne du succĂšs.
Episode #82. Hey Sunday reader đđŒ
This Sunday, The Timestamp is here again to help you! Get your weekly dose of summaries from the articles, books, or podcasts you may have missed in tech & culture. This weekâs episode is focusing on the intersection of happiness philosophy and sports.
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#1. Choose your type of happiness đ„°
Patrick Kervern is sharing here his summary of the following article called âChoosing Happinessâ by Jonathan Clements and published on Sept3, 2022 in Humble Dollar HERE.
1- There are two types of happiness. Learn to choose wisely.
2- First up: hedonic happiness. Think of a wonderful party with delicious food, sparkling conversation, and all your favorite people in attendance.
3- Next comes eudaimonic happiness. It comes from leading a life filled with meaning and purpose. Forget the amusement park, the martini, or the shopping spree. Instead, think about things like volunteering, writing a novel, training for a marathon, or launching your own business.
4- Hedonic happiness tends to be fleeting, and we soon return to our personal set pointâour base level of happiness. This is the idea behind the so-called hedonic treadmill.
5- Increases in eudaimonic happiness have the potential to be longer lasting, but such increases also take far more effort. Eudaimonic happiness can appeal to our puritanical streak. Thereâs work involved and challenges to overcome, so it feels more virtuous. Weâre striving to be better versions of ourselves and, while weâre at it, perhaps also improving the world around us.
6- Hedonic happiness usually comes with a higher price tag, while eudaimonic happiness involves a greater investment of time.
7- But the distinction between hedonic and eudaimonic happiness is a great addition, one that could help us lead a better life. And we should not favor one to the exclusion of the other. Instead, we should try to design a life for ourselves where we enjoy both.
#2. Sourire Ă la vie đ
Forgive me for the French đ«đ·. Je ne vais pas tenter de traduire maladroitement les points clĂ©s de ce podcast en anglais. AssurĂ©ment un bon complĂ©ment Ă lâarticle prĂ©cĂ©dent sur les types de bonheur. Encore une reflexion philosophique trĂšs pertinente de Charles PĂ©pin sur ce thĂšme essentiel Ă la vie quâest le bonheur đ.
Pour sourire Ă la vie, il faut sâouvrir pleinement Ă la vie dans le positif et aussi tout ce quâelle contient de nĂ©gatif. En effet, la vie nâest pas toute rose⊠et tant mieux.
Une posture propice au sourire, câest de favoriser les rencontres, ĂȘtre une chance pour les autres pour avoir de la chance pour soi. On ne peut pas sourire Ă la vie si on ne cultive pas les bons liens > il faut donc avoir le courage de se couper des relations toxiques.
Difficile de sourire à la vie quandd on est égaré, quand on ne sait pas ce qui est bien pour soi > il faut aussi apprendre à se respecter.
âLâessentiel nâest pas de sourire Ă la vie mais de se rendre digne de ce sourireâ (InterprĂ©tation par Charles PĂ©pin de la phrase de Kant. âLâessentiel nâest pas dâĂȘtre heureux mais de se rendre digne du bonheurâ.)
Voici Ă©galement une autre version plus personnelle: âLâessentiel nâest pas la rĂ©ussite mais de se rentre digne du succĂšsâ.
Il faut se rendre compte que âLa vie est plus mystĂ©rieuse que censĂ©eâ. Ne pas ĂȘtre effrayĂ© par ce mystĂšre. La spiritualitĂ© câest accueillir ce quâon ne comprend pas, accepter ce mystĂšre. Excitation du curieux. Pas besoin de tout comprendre pour sourire Ă la vie.
âCommentâ nâest finalement pas la bonne question. Ne pas trouver le sens Ă tout prix. Souvenons nous des mots dâEpicure: ânotre plus grande chance est que la vie soitâ.
#3. Dare to Engage đ
I took the time to explore the red book from Emmanuel Faber, former CEO of Danone, âOuvrir une voieâ (Ed. Guerin / Paulsen). It put some light on the intrinsic software that runs inside Emmanuel Faber⊠but this man is not a machine, he probably incarnates the very essence of humanity.
Emmanuel Faber describes his passion for mountaineering, and social justice; the book helps us grasp what is so unique about his leadership style.
Switching to some French, the part of the book I enjoyed the most is âChapitre 8 sur lâengagementâ. Emmanuel Faber is going on a tough time leading Danone while LĂ©a Salame, a famous interviewer on FranceInter asks âEmmanuel Faber, are you scared of losing your job? - No, I am not. I am scared of not doing it well.â
Some inspiring quotes from this book.
About large corporations: âLâentreprise ne doit plus agir en tant quâentreprise mais en tant quâacteur dâune rĂ©volutionâ.
About working together post COVID: âRepenser au Covid, quâil est dur de travailler en Ă©quipe alors que les consignes sanitaires nous obligent Ă travailler chez nousâ.
âLe leadership, câest un chemin que lâon montre en disant que ça passe, mais en laissant chacun faire le chemin intĂ©rieur qui le met en marche, sans avoir besoin dâimposer le mouvementâ.
#4. Netflix heading towards (more) sports đâłïžâœïž
Huddle Up is a newsletter by Joe Pompliano that covers very well the intimacy between business and sports. On Sept27, 2022, in âNetflix continues to infiltrate professional sportsâ, the author gives his view on where Netflix will go next. Here are some key takeaways:
Netflix is having a very tough 2022 year! The company just announced another quarter of subscriber losses... Disney (adding up Disney+, Hulu, and ESPN) has now more subs than Netflix. The Netflix stock is down 70% over the last 12 months.Â
Netflix's high-impact success has been unprecedented with what became "the world's most popular racing series -F1: Drive to survive" (teaming up with Box to Box Films). Interestingly, ESPN (Disney owned) recently "signed a deal with F1 worth 75 to $90 million annually... more than x15 times the $5 million they are paying today.
How can Netflix replicate success? Signing new deals with Box to Box Films to produce new docuseries with the PGA Tour or getting involved with the English Premier League... worth noting that the Premier League is now virtually the 4th major sport in America looking at the size of the broadcasting deal they signed with NBC Sports ($2.76 billion for 6 years).Â
#5. Why Saudi Arabia is investing so much money in sports?
Sports can also connect with geopolitics. This video from Huddle Up (yes again) is factually explaining what Saudi Arabia is doing in global sports. My takeaways from this video below if you do not have time to watch it đ
Do you know that Newcastle is now the richest soccer club on the planet since its acquisition in Oct21? The worldwide PGA Tour drama was triggered by the creation of the LIV Golf Tour. Most of the money behind those 2 deals comes from Saudi PIF (Public Investment Fund) which is managing $620Bn assets.
Owning world sports is part of a 2030 Saudi Arabia vision to diversify its economy which is still very dependent on oil as it represents today 42% of Saudi's GDP.
Formula1 10year deals to host a Grand Prix in Saudi, investments in WWE and Boxing high-profile events, or even the acquisition of leading e-sports assets (like ESL Gaming) are progressively transforming Saudi Arabia into a major nation for sports.Â
âSportswashingâ? The controversy behind this move is 'Does Saudi Arabia have other motives?' Improving the country's image and soft power status could be the untold objective?Â
Just be aware that sports are not unique in receiving large funding from the Gulf state. Amazon, Microsoft, Twitter, Uber, Alphabet and JP Morgan (just to cite a few) have also received funding from Saudi Arabia.
Still loving sports and tech? Personally, this is a clear yes. Letâs however be mindful of whatâs happening behind the show.
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