Life advice, on the importance of diligence. Plus some news.
Forum: https://www.eevblog.com/forum/eevblab/eevblab-86-on-the-importance-of-diligence-news/
00:00 - News on the lab
02:56 - On the importance of Dilligence
05:47 - Diligence in life
10:05 - Job Searching
10:51 - Real Estate
11:24 - Finding good used test gear
12:45 - Finding Mrs EEVblog
13:26 - How to be successful at Youtube
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#Advice #News

Hi. this is going to be a bit of an unusual video. It's a bit of an announcement plus talk about diligence and the importance of it. I.e uh, like persistent work and how that can actually help you get things and achieve things in life.

So you might have to stick with me for this one. But anyway, let's get the news out of the way. I actually scored myself another storage unit. Yes, I've already got the bunker, which is, uh, absolutely fantastic.

But I have been waiting a decade for one of these. So I bought this, uh, office lab almost a decade ago now, and ever since then, I've been waiting for one of the, uh, companion storage units to become available. Yes, I've been waiting a decade for this, but I finally scored one. And uh, here it is.

I: This is not my junk. It's the previous tenants. uh, junk. and I'll be getting it in eight weeks time.

It's an eight week settlement time because the companies are still moving out and anyway, it is in the basement of the building. It's right next to my, Uh parking spot, and there's only like three of these in the entire building. And there's like 50 or 60 companies in the in this one building. And there's very few of these storage units available.

So these storage units are as rare as a proverbial clear case fluke 87 here. Yes, they do actually exist and no, I don't have one. Maybe I need more diligence, which we're going to talk about. So yes, this is absolutely fantastic.

This is Not to replace the bunker. This is so that, um, well, technically I could actually will stuff directly from the dumpster room on a trolley straight into this storage unit. So it doesn't have to come into the lab here because you know I moved back from the hundred square meters back into the fifth which I was renting back into the 50 square minutes which I owned here. Because why piss away all that uh, money every month if it's just me in an office with all my junk and stuff, right? So anyway, once one of these became available, I absolutely nabbed it.

I've been waiting a decade for this, so anyway, it's 30 square meters. It's going to be brilliant. I can like install like workbenches down there and install like my drill press and stuff like that. I was going to do this in a bunker, but because the bunker is in another part of the uh business park, it's like it's not as convenient to get to.

I can't like take you know big stuff I find in the dumpster and and then pack them in the car and then drive to the Uh storage unit and then offload them and then come back. and then when I want to get something I have to drop in the jump in the car again, then go over the storage bunker and then pack it all in and drive it back. You know it's really inconvenient stuff. I love the bunker and it's huge and enormous.

But anyway, I scored another storage unit in the basement. Ah, winner winner chicken dinner. And yes, this does have lighting. It's got power I'll probably like.
I'll coat the floor and I'll install benches and shelving all sorts of stuff. So yeah, I can have it as like a little mechanical workshop. and I can do all sorts of stuff in here conveniently in the basement. Fantastic.

So I know you're saying dave, What on earth does this have to do with on the importance of diligence, Which is why I clicked on this video. Probably it's not clickbaity enough, not enough people will click on that title. But anyway. um, it has to do with the fact that somebody asked me, uh, how did I score one of these Because they are quite where right somebody in building.

how did you get this thing And like I thought about it for a second, I was like this wasn't luck. this was diligence. This was actually 10 years of work to get this. and I'm not just talking about like working for a decade to afford this thing.

Although it's not that expensive because it's only a storage unit, it's only uh, 2300 a square meter or something as opposed to ten thousand dollars a square meter. Which is what this office is worth. Uh, and other offices in the business park. Which is absolutely nuts.

Anyway, I only paid. Uh, well. I'll talk about this. I only paid what was it? uh, 3 900 a square meter I think for this place back in the day.

But anyway, diligence got me this. It wasn't the 10 years of hard work to be able to afford this, it was the 10 years work of looking at every single listing ie. a commercial real estate listing that came up in this business park. There's various commercial real estate website.

So ever since I've owned this place actually I've subscribed to uh, like various email alerts and things like that, anything that comes up in this particular part of the business park and in particular, it's like certain buildings that I'm like targeting to buy anything in and stuff like that. So I've been looking at these listings continuously for a decade for one of these to pop up. And it's not just like they were selling this separately, this was buried down in the detail of the listing. You had to actually not only, uh, look at the listing for this.

In this particular case, the owner is selling a much larger uh, office like this one in the same building and down the bottom. there it was. Hey, here's this like little 30 square meter storage unit and I like you had to read the detail to actually get this thing. So unless you were signed up to specific email alerts and you were diligently watching everything, reading every single listing which I've been doing for a decade, keeping my ear to the ground, you never would have heard about this.

And this is how I found out about it. Oh, there's a company that's moving out in the building here. Hey, there might be some nice stuff coming up in the dumpster room. Who knows.

Or uh, the heck. it may even be a suitable one for me to upgrade for my 50 to. I don't know what. Is it 70 or 80? Or you know, something like that.
Maybe I'll get an upgrade, Who knows, right? So I check every single listing and I've been doing this diligently for a decade. and this is I didn't luck upon this. This was diligent, hard work, consistent for a decade to finally nab one of these rare as hens teeth storage units. And then I got me to thinking, which is what prompted me for this video.

A lot of other stuff that I've done and found in life, and I've other things that I've talked about uh, on the channel many times over the years requires diligence. Most often, you're not just going to luck upon something. actually. if you really want something often, you have to do a lot of work to get it.

A lot of diligence and continually searching and finding things just for this office. For example, when I bought this almost a decade ago, the way I found this one, it wasn't actually listed. I didn't see it in the commercial uh, real estate website. so I was looking for something smaller than this.

actually because you know I didn't want to spend a lot of money. This, you know, going full time on this youtube thing oh that was a, you know, a bit of a risk and buying an offer spending a couple hundred grand on an office that was like, yeah, like a really big decision. So I was searching for smaller stuff. I almost actually bought like a small 30 square meter unit actually.

but they reneged on the offer and stuff like that. I'm glad they did because I managed to find this 50 square meters. But how did I find it? Diligence. I literally went to every building in this business park because this is close to home.

I wanted to buy in this business park. So I went to every single building in the business park and I walked every single floor looking for vacant units. I didn't trust that, you know I just find something in the search listings or the commercial real estate websites. So I went to every building, walked literally every floor, and anything that was vacant I would like.

Sometimes they wouldn't even have signs on them, right? They they'd just be vacant. The lights are out, You know you could peek often. There's like a little bit that you can see through. Often they're like frosted glass like you can see here, but either you can like you can see inside my unit here if you just jump up above so you just jump up and have a look in there or you you know, peek through you can see that's completely empty.

All the lights are out there. No nobody's home. So hey, right, this thing must be for sale. Usually you know people aren't just going to sit on these things for too long and did that for every building in the business park.

I knew it intimately and I found this place and it was vacant. Turns out it had it had been for sale like 12 months earlier, but for some reason they couldn't find a buyer for it. It was a depressed market at the time and you know all that sort of stuff. So the power was permanently off.
They can permanently switch the electricity provider, apparently, switch, uh, the power off and it was just yeah. Technically it was still for sale, but it wasn't really being properly listed out there. So I contacted the agent. They said well, yeah, it's still of high.

Yeah, I remember that one's still available. I mean, are you interested and uh, I said yes. certainly you know. can you show me around? Well I've got to find the keys and no, there's no lights, There's no power, but you know, bring a headlamp and you can look around.

I think I've even got the video posted where I've got the headlamp looking around this uh place when I was buying it anyway. so uh yeah and it I did my research as well. Turns out yeah, I found the old listings and stuff like that and it had been on the market for like 12 months and they couldn't sell this thing so I low-balled offered them and they took it right. So I got a even cheaper than normal.

even though it was depressed market. I got even cheaper than normal rate on this place and now it's gone up like 250 percent in value since I actually bought the thing. Winner! So anyway, finding this place diligence, just persistent work doesn't have to be hard work, just has to be persistent. And the same thing how I found my other storage bunker as well, right? I had these email alerts for like search terms like storage.

I know I wanted a a storage unit because I was sick of getting you know higher in one of those Ken Art storage units for exorbitant rates for like a tiny little cage thing I had. I had like a one square meter cage or something to put stuff in and that was like a couple hundred bucks a month or something. So I yeah I looked around and sure enough one popped up on the search and I snapped it up and that turned out to be the absolute best storage unit in the entire business park. You know, the power, the lighting, the workbench is already in there, the tall ceilings, everything, the ventilation.

my. this new one's got uh, ventilation as well. By the way it no, it doesn't suck the air out, it actually pushes the air in and then out out the door. so you know it looks pretty good.

But anyway, yeah, best storage unit in the park. I nab that one. So now I own two storage units or I will once the papers are. finally I have signed the paper.

but there's an eight week settlement time. so you know. And like how I said I walked all the buildings here in this business park to find at this office. Well, the same thing I've mentioned this in uh job search videos before.

Don't just rely on the job search listings. Diligence. Go to a business park that you know has lots of high-tech companies and stuff like that. Go into the foyers of the buildings, look at all the names under, write them all down, and then go in or take a photo these days, you know, and then go and then go and research all these individual companies and then find a back way in.
Don't go through the human resources department, you know, find like an engineering contact in there, go around the human resources department and get into companies and things like that. Diligence in looking for jobs people say, oh I can't find a decent job. Well diligence go out there, start searching. and in the crazy real estate market these days, the same thing can be said for.

uh, like finding a good, like affordable house and things like that are a good, affordable, affordable investment property or whatever it is. Often these things take a lot of diligence. You've got to do your research. You've got to spend often, you know, six months a year or whatever, looking for a house or some investment property or something like that, but that can often pay off.

You're not just going to luck upon some magnificent, you know, buying or investment opportunity. you've got to work for it. And people ask me often, How do I find a lot of the test gear I find on Ebay? And I've done videos on this, searching over ebay, setting up keywords, and just looking at all the listings. You know, Even to this day, I've still got like every day an ebay listing will pop up with a search term that I'm looking for.

Often it's not an exact targeted search term, but I'll look through each one of those listings and an an obscure thing that I'm after might actually pop up or something of, you know, a great value. There might be a repair item, or there might be some spectacular value bit of test skier or something like that that that pops up. Its diligence and not just like setting up the search terms of forgetting about them, but actively looking for them. That's what I'm talking about with this storage unit.

I spent a decade looking at all these listings and like that might sound like ridiculous. What a what a waste of life. Just you know, spending every day looking at all these you know, email alert listings that pop up, but you know it takes bugger all time and the payoffs can be really big. There's no way I would have found this otherwise and then I'd have to spend like another 10 years before some other owner in the building sells one of these rare as hens teeth units.

I can't believe somebody actually sold this. Usually you hold on to these and you hold on to them forever because they're great in your self-managed super fund and stuff like that. Just rent them out to people and the returns are great. How do I find Mrs E V? Blog Diligence? How do I score myself? Herrera's Hens Teeth? Sinclair C5 here in Australia? Yeah, I know I haven't done anything with it, but you know, one day better late than never.

Um, how'd I get a Sinclair C5 diligence? Once again, it was the search terms I put them in and I actively search for them. 99 of the time it pops up when you know I'm searching for like Sinclair C5 stuff. oh it's a front wheel. It's a decal.
It's a you know, original owner's manual. or it's you know, something else. But you've got to actually look at these things. And occasionally, yeah, once in every five years or something one will pop up for sale.

And of course, people ask me, Dave, How have you been so successful at relatively successful? At least at uh, Youtube? Diligence: Persistent Work: Over the last 12 years producing a video every day. I didn't just suddenly go viral and and my number of subscribers went like that. It's linear growth for the last 12 years, thank you very much. Or how do you score a better job? You do it by being more valuable and appearing as a better prospect than all your competition.

How do you do that? Diligence by persistently doing good work and so publishing it on a website, doing whatever, making these projects diligence in producing stuff. Then then you can show off later so you can't just spend a day on something and then expect that to be impressive to someone who's interviewing you for a job, for example. But if you've like worked on a project for six months, 12 months, or you've worked on, you know, a dozen different projects and you've published them all. And things like wow, right? they're going to be so impressed.

That's what's going to score you a better job, a better career. All sorts of things, so I'm sure you get the idea by now. Diligence: It's important. a lot of people like won't bother and that's why a lot of people aren't successful or don't get what they're after because they haven't put the time and effort into doing it.

Sometimes you just get lucky and things just you know fall into your lap and you know everything's hunky-dory But no, sometimes it in case of like this storage unit rare is hen's teeth, I had to hassle them and go oh, is this available on a separate title? Turns out it is available on a separate title. Wow. So because then it would have been really hard to break up, you would hire a lawyer to draw up contracts to split it off from the strata. Yeah, it's all messy.

But yeah, it turns out it was a separate title. And then I hassled them to not only give me inspection, but also, uh, buy it because they really wanted to bundle this with a bigger uh with the actual office. You know, to make it sort of more attractive. It was always like a separate purchase kind of thing, but it sort of makes it more attractive.

So I convinced them to sell it to me before they actually had any Uh offers at all on their main office. And sure enough, yep, hey, it'll be mine in eight weeks. Winner! So there you go, the importance of diligent and just persistent hard work. It doesn't even have to be hard, it just has to be persistent.
Work can actually pay off. So if you've got a good example of this, please leave it in the comments down below. Hope you found it useful if you did, give it a big thumbs up. Catch you next time.


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By YTB

30 thoughts on “Eevblab 86 – on the importance of diligence news”
  1. Avataaar/Circle Created with python_avatars perf b says:

    I just read The Wright Brothers biography by David McCullough, I had not realized the awesome depths of their DILIGENCE, 8 years of literal blood, sweat and tears.

  2. Avataaar/Circle Created with python_avatars Iam D says:

    I get it, took me 15 years looking for a 1981 VW diesel truck at a reasonable price. Searching ads, auctions etc… I found it buy chance at a steal. Most of my higher end gear was obtained the same way. Cheers.

  3. Avataaar/Circle Created with python_avatars Ed Lips says:

    YOU ! DAVE JONES, wanna let me live and get me a better future. I needed this post. Truely said from the my heard (i am dutch) & drunk.

  4. Avataaar/Circle Created with python_avatars muctop says:

    If you work all your life and you succeed, the people say: "Oh he was so diligent!"
    If you you work and struggle your whole life and you do not succeed:" Oh, what a stupid old fool!" 😛

  5. Avataaar/Circle Created with python_avatars Gary Fry says:

    Great that you found a bargain! Did you get a price drop alert, and was it on your radar for the whole year it was on sale?

  6. Avataaar/Circle Created with python_avatars nico nico says:

    Just leave the door open and label it "electronic dumpster" 😉

  7. Avataaar/Circle Created with python_avatars Tom de Goede says:

    Congratulations Dave. How on earth is it possible to pay such an amount of money for a few square meters in an empty big country like Australia???
    I thought the prices here in Holland were an outrage….but you guys…wow

  8. Avataaar/Circle Created with python_avatars CaptainDuckman says:

    "how did I find Mrs. Eevblog? I rented her"???

  9. Avataaar/Circle Created with python_avatars T. A. says:

    You learn diligence before you turn 10. If you have it in you you don't need to be told about it. If you don't have it in you then no amount of pep talks will instill it.

  10. Avataaar/Circle Created with python_avatars Andy McBlane says:

    Hi Dave – what are the outgoings on the storage unit? Also would there be any restrictions on the type of equipment you could run? e.g lathe. Would like a space similar to this in the next 3-5 years

  11. Avataaar/Circle Created with python_avatars axilla364 says:

    Dave this is one of my favorite videos you have ever made, and not even for any electronics related reasons.

    Thank you sir.

  12. Avataaar/Circle Created with python_avatars Sarvesaa Jagan says:

    My grade X marks were the best due to persistent hardwork.

    Now I am a high school student and my aim is to become an electronic engineer like you Dave.

  13. Avataaar/Circle Created with python_avatars irishguy200007 says:

    This is a place where Dave can hide out and keep an eye on the Dumpster.

  14. Avataaar/Circle Created with python_avatars redtails says:

    It deeply annoys me when someone says that obtaining rare item x just takes hard work and diligence. Really, just no. Obtaining rare item x takes luck + disappointing others. You're an electrical engineer; you are used to the repeatability of the world just like scientists are. If everyone is equally diligent/patient/hardworking, the chances of obtaining what they want will not increase.

    The uni I went to was in a town with a horrible housing problem. I mean actually horrible; the uni had to put up army tents every time the first semester started, so that new people could at least have a place to sleep, while the local population figures out a way to house all these new people. In their communication they always spoke about "please start on time to find housing!!" as if diligence was the problem.

  15. Avataaar/Circle Created with python_avatars cmfrancis1 says:

    Diligence usually pays off in the long run but sometimes no matter how diligent you are, it just never works out. 🙁

  16. Avataaar/Circle Created with python_avatars James Lacy Kamuf says:

    For you young players out there: I very much admire Mr. Dave Jones, and I do basically agree with Dave, that diligence is a good thing, however:

    "A good name is rather to be chosen than great riches, and loving favour rather than silver and gold." Proverbs 22:1 KJV

    "He becometh poor that dealeth with a slack hand; but the hand of the diligent maketh rich." Proverbs 10:4 KJV

  17. Avataaar/Circle Created with python_avatars sternis1 says:

    As for the finding a job through an engineering contact is great for several reasons: You'll get to know the company and colleagues you're actually going to work with and you'll get a more honest picture of the company. Plus, many companies have referal bonuses for employees. This goes into the engineers pocket!

  18. Avataaar/Circle Created with python_avatars Under siege says:

    short answer he kidnapped and beaten the people who was on the room

  19. Avataaar/Circle Created with python_avatars Andy Ash says:

    Someone somewhere is saying "Eh! That unit has been up for grabs five times in the las ten years" 🙂 …… He is right though. I try to be diligent too , but every time someone "nukes me from orbit". 😀

  20. Avataaar/Circle Created with python_avatars Efstathios Dimopoulos says:

    Any chance you may interview the Fairlight CMI creators? They invented the sampling among other things

  21. Avataaar/Circle Created with python_avatars Michael Garcia says:

    So true get your foot in the door and refuse to move it. I know you don’t want to give up the bunker room is t the inconvenience of getting in the car i would try to sell off the bunker for 250% or at least rent it out like you said for self funded super. Thx for the tips.

  22. Avataaar/Circle Created with python_avatars Speak Less says:

    Proverbs 21:5 – The plans of the diligent lead to profit as surely as haste leads to poverty.

  23. Avataaar/Circle Created with python_avatars canna roe says:

    Diligence, or how this humblebrag was a decade in the making.

  24. Avataaar/Circle Created with python_avatars Thomas Unsworth says:

    Well done Dave ….. I need one of those storage units ….. but in the Uk please 🙂

  25. Avataaar/Circle Created with python_avatars Jai Kumar says:

    This is very important stuff. Thanks to Dave for talking about it. Diligence
    Is the basis for all inventions and discoveries that great people have accomplished.
    Regards.

  26. Avataaar/Circle Created with python_avatars Joe Gee says:

    Spoken like a true engineer/father. Where were you 40 years ago?

  27. Avataaar/Circle Created with python_avatars Gravity Skeptic says:

    This means that we can expect a serious increase in uploads, since Dave doesn't have to go through all real estate offerings in Australia on a daily basis anymore 😉

  28. Avataaar/Circle Created with python_avatars q zorn says:

    fluke is fantastic… with diligence you can use other brands…:/ is this a pun?

  29. Avataaar/Circle Created with python_avatars Szabolcs Mate says:

    Dilligence is worth nothing without luck. But dilligence is still essential.

  30. Avataaar/Circle Created with python_avatars James Gray says:

    The old adage “being in the right place at the right time” denies the hard work and dedication required to know what places to be in and when would be a good time to be there in order to maximise the opportunities for success. Diligence indeed!

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