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This Is How Successful People Manage Their Time

Posted at March 20th, 2021 | Categorised in Business tips

Updated: April 10, 2021

This Is How Successful People Manage Their Time

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This Is How Successful People Manage Their Time

What is the key difference between successful people and unsuccessful people? Think about it, we all have 24 hours a day, seven days a week and 365 days a year. It’s very, very fair. It is an equal playing field.

So at the end of the day, what determines how successful we become is how we use our time. So, this is how successful people manage their time. Today, I’m going to give you three simple strategies that will help you to manage your time better.

Strategy number one, time block for social media and emails. Understand this, when you get up in the morning, if the first thing that you do is to go and reach for your cell phone, and you’re checking your messages, you’re checking your email, you’re checking your PM, you’re checking social media, that first hour every morning, that’s your most critical hour.

How you do in the morning dictates how well you do the rest of the day. If right there you’re checking all these messages, and I know, I know what it is like, right? In the morning, you wanna go reach out for that cell phone, right? You want to see, oh, did I miss any messages from last night? What happened? What is going on? What’s my friend up to? That first hour of every day, it’s very, very precious.

You should think about how you can invest wisely. For some, maybe you wanna do something like reading in the morning, for some, maybe you wanna do a little bit of exercise, you wanna work out, you wanna do a little bit yoga, a little bit of stretching.

For some, you want to have a very nice breakfast with your family, it is connection time. For some, maybe it’s time for you to set the goals and say, okay, what are some of the things that you want to accomplish that particular day? What you don’t want is to jump into email mode.

I always say your inbox is other people’s agenda. Every single time you check your inbox, there’s all these things that just demands your attention. That pulls you away, that distracts you. You don’t wanna check your emails 10 times a day, and you don’t wanna check your social media 10, 20 times a day either.

It’s very easy to screen suck all day and you’re just checking messages, checking messages repetitively, right? And you check it every 10, 20 minutes. Do you really need to do that? The metaphor I use all the time is, do you go check your mailbox 10, 20 times a day? Then why would you go check your inbox 10, 20 times a day? One of the things that I do is I block out the time for social media and I block out time for email.

That’s it. I have a stop time, I have an end time. I don’t go check social media 10, 20 times a day because I’ve got other things to do, I’ve got more important things I have to accomplish.

So, block it. Block out a time and say, “Okay, I’m gonna do it in the morning, “once in the morning.” If you want to, I’m gonna do it once a evening and that is it. In between, you work on important things.

You work on projects, you work on your business, you work on your career, whatever that you are working on. That’s how you stay focused. You see, time management is actually a myth. Because you cannot actually manage time.

You and I, we only have 24 hours a day. You cannot make them go faster, you cannot make them go slower, we cannot create more time. All we could do is actually manage our priorities. So when someone tells me, “Oh, I don’t have time,” what they’re actually saying is, “This is not that important for me.

“It’s not my priority.” That’s what they’re actually saying, “Well, I don’t have time to exercise.” What they actually mean is exercise is not that important to me.

That’s the truth. So, time management is actually priority management. And at the end of the day, priority management is actually self-management, how you manage yourself and how you manage your energy.

What do you invest your energy in. Into something, something that will contribute to your happiness, to your health, to your well being, to your success, that’s the key. Strategy number two, know your magic number.

If you don’t know what your magic number is, I talk about this extensively in my book, “F.U. Money.” If you don’t have a copy of my book, “F.U. Money” yet, click the link in the description, you could get a free copy.

All you need to do is cover the shipping. In the book, I talk about your magic number. Let’s say your goal, your financial goal is to make $100,000 a year, six-figure income. Wouldn’t you agree? That’s pretty good for most people, $100,000 a year.

And let’s say on average, you work 40 hours a week, and we have 52 weeks a year, let’s say you take two weeks off, 50 weeks a year. So, 50 weeks times 40 hours, that’s 2,000 hours. So take your annual income goal, $100,000, let’s divide by 2,000 hours.

What do you get? You get $50 per hour. So what it means is this, if your goal is to make $100,000 a year, it means that your hourly rate needs to be at least, at the very minimum, $50 an hour. Now, here’s the key.

Look at everything that you do every single day and ask yourself this question, comment below, “Is what I’m doing worth $50 an hour.” Now, if what you’re doing now is not worth $50 an hour, that means for every single hour that you’re working, you need to be at least making $50 an hour.

That’s the very bare minimum of the value that you need to create for every hour that you put in. If what you’re doing is not worth $50 an hour, then how the hell in the world ever, are you gonna get to $100,000 a year? It’s cause and effect.

Does that make sense? And now let’s say your goal is to make a million dollars a year, a million dollars a year. What does that mean? It means at the very minimum, every single hour that you work, your hourly rate needs to be, at the very minimum, $500 an hour.

The number is actually higher than that, because if you and I are honest, you know we’re not productive all the time. All the time, not every single hour are we gonna hit 500 bucks per hour in terms of bringing value to the marketplace.

To make a million dollars a year, 500 bucks per hour of value. So think about that. Which leads to strategy number three, and that is to avoid minimum wage activities. Let’s say the phone company overcharge you for $5 and you pick up the phone and you call them and you argue with them and you spend an hour on the phone arguing about that five bucks.

And at the end, fine, they adjust it and you save back five bucks. Now, did you just save $5? Not really, not if your goal is to make a million dollars a year. Because that phone call didn’t save you five bucks, that phone call just cost you $495.

So I want you to imagine this is a bonfire and you just spent, just waste 495 bucks that you burn yourself. You need to look at it that way, every single minute that you have, it is an investment. If you’re investing that time to spend with your family, that’s fine, you’re getting happiness, you’re getting fulfillment back.

That’s a return. It’s incalculable, that’s fine. But if you’re talking about a business activity, there has to be return. You’re spending this much time, you want this much return back.

Money at the end of the day is incredibly simple, money is math. You invest x, you get y back. That’s an investor mentality. The problem is when it comes to time, most people have the wasters mentality.

They waste time. Or spenders, they just spend time. There’s a Chinese proverb that I like. “An inch of time is worth an inch of gold. But you cannot buy the inch of time with an inch of gold.

” So choose wisely how you want to invest your time because at the end of the day, your life is nothing more than a reflection of how well you invest your time. what is the key difference between successful people and unsuccessful people think about it we all have 24 hours a day 7 days a week and 365 days a year it’s very very fair it is an equal playing field so at the end of the day what determines how successful we become is how we use our time so this is how successful people manage their time today I’m going to give you three simple strategies that will help you to manage your time better strategy number one time block for social media and emails understand this when you get up in the morning if the first thing that you do is to go and and reach for your cell phone and you’re checking your messages you’re checking your email you’re checking your p.

m. you’re checking social media there first hour every morning that’s your most critical hour how you do in the morning dictates how well you do the rest of the day if right there you’re checking all these messages and I know I know what it is like right in the morning you want to go reach out for that cellphone right you want to see all did I miss any messages from from last night what happened what is going on what’s my friend up to that first hour of every day it’s very very precious you should think about how he could invest it wisely for some maybe you want to do some like reading in the morning for some maybe you want to do a little bit of exercise you want to workout you want to do living yoga little bit of stretching for some you want to have a very nice breakfast with your family it is connection time for some maybe it’s time for you to set the goals and say okay what are some of the things that you want to complex that particular day what you don’t want is to jump into email mode I always say your inboxes other people’s agenda every single time you check your inboxes all these things that just demands your attention they post your way that distracts you you don’t want to check your emails 10 times a day and you don’t want to check your social media 10 20 times a day either .

it’s very easy to screen suck all day and you’re just checking messages checking messages we pet right and you check it every 10 20 minutes do you really need to do that the metafile use all the time is do you go check your mailbox 10 20 times a day then why would you go check your inbox 10 20 times a day one of the things I do is I block out a time for social media and a block out time for email that’s it I have a start time I have an end time I don’t go check social media 10 20 times a day because I’ve got out of things to do I’ve got more important things I have to accomplish so block it block out a time and say okay I’m gonna do it in the morning once in the morning if you want I’m gonna do it once an evening and that it’s good in between you work on important things you work your projects you work on your business you work on your career whatever that you are working on that’s how you stay focus you see time management is actually a myth because you cannot actually manage time you and I we only have 24 hours a day you cannot make them go faster you cannot make them go slower we cannot create more time all we could do is actually manage our priorities so when someone tells me oh.

I don’t have time what they’re actually saying is this is not the important for me it’s not my priority that’s what they are actually saying well I don’t have time to exercise what they actually mean is exercise is not that important to me that’s the truth so time management is actually priority management and at the end of the day priority management is actually self-management how you manage yourself and how you manage your energy.

what do you invest your energy in into something something that will contribute to your happiness to your health to your well-being to your success that’s the key strategy number two know your magic number if you don’t know what your magic number is I talked about this extensively in my book.

This-Is-How-Successful-People-Manage-Their-Time

This-Is-How-Successful-People-Manage-Their-Time

if you money if you don’t have a copy of my book after you money yet click a link in the description you could get a free copy all you need to do is cover the shipping in the book I talk about your magic number let’s say your goal your financial goal is to make $100,000 a year six-figure income wouldn’t you agree that’s pretty good for most people a hundred thousand dollars a year and let’s say on average you work 40 hours a week and we have 52 weeks a year let’s say you take two weeks off 50 weeks per year so 50 weeks times 40 hours that’s 2,000 hours so take your annual income goal one hundred thousand dollars let’s divide that by two thousand hours what do you get you get $50 per hour so what he means is this if your goal is to make a hundred thousand dollars a year it means that your hourly rate needs to be at least at the very minimum $15 an hour now he’s the key look at everything that you do every single day and ask yourself this question comment below is what I’m doing worth $50 an hour now .

if what you’re doing now is not worth $50 an hour that means for every single hour that you’re working you need to be at least making $50 an hour that’s the very bare minimum of the value that you need to create for every hour that you put in if what you’re doing is not worth $15 an hour then how the hell in the world ever you’re gonna get to $100,000 a year it’s cause and effect does that make sense and now let’s say your goal is to make a million dollars a year a million dollars a year what does that mean it means at the very minimum every single hour that you work your hourly rate needs to be at the bare minimum $500 an hour the number is actually higher than that because if you and I are honest you know we’re not productive all the time all the time not every single hour we’re gonna hit 500 bucks per hour in terms of bringing value to the marketplace to make a million dollars a year five hundred bucks per hour of value so think about that which leads to strategy number three and that is to avoid minimum wage activities let’s say the phone company overcharged you for five dollars and you pick up the phone and you call them and you argue with them and you spend an hour on the phone arguing about their five bucks and at the end find you adjusted and you save back five bucks now did you just say five dollars not really not if your goal is to make a million dollars a year because that phone call didn’t save you five bucks that phone call just cost you four hundred ninety five dollars.

so I want you to imagine this is a bonfire and you just spend just waste four hundred and ninety five bucks that you burn yourself and you look at it that way every single minute that you have it is an investment if you’re investing that time to spend with your family that’s fine you’re getting happiness you’re getting fulfillment back that’s a return it’s incalculable that’s fine but if you’re talking about a business activity there has to be a return you’re spending this much time you want this much return back money at the end of the day is incredibly simple money’s math you invest X you get white back that’s an investor mentality the problem is when it comes to time most people have the wasters mentality they waste time or spenders they just spend on there’s a Chinese proverb that I like an inch of time it’s worth an inch of gold but you cannot buy that inch of time with an inch of gold so choose wisely how you want to invest your time because at the end of the day your life is nothing more than a reflection of how well you invest your time.

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