9 Oct 2014

DAY 15: LISTEN, TIME IS NOT MONEY!


You don't need more money, you need more time, productive time. Effective use of your time will make you more efficient. And when you are more efficient, you will make more money. (In case you have forgotten your Physics 101, lol  -Effectiveness is doing the right things, while Efficiency is doing things right.)

OK, how does this apply to your finances?


Write out the #1 thing you do with your time that brings money into your pocket EVERY SINGLE TIME.
And find ways to keep doing it. Find faster methods of doing it. Find ways to duplicate yourself (by teaching others to) doing it. And keep making money doing it.

I guarantee you, you will not just be very successful and very good at it, you will be very, very, very rich quickly!

When Lee Iacocca was CEO of Chrysler, he contracted a consultant to help him become more productive with time while at work. The consultant offered just one advice:
Carry with you a list all your activities for the day and number them in order of importance. Start at #1 and don't go to #2 until you have finished #1!
The CEO thereafter reported a remarkable improvement in his effectiveness (and of course profitability).

LISTEN, TIME IS NOT MONEY! Spending your time doing the important things that bring in money, make money for you and keep money in your pocket -that, is money!!


That includes resting when you should rest, praying when you should pray, spending time with your kids when you should, saving when you should save, working when you should work and giving when you should give.

I can not tell you how to manage your time, how can I? Only you can effectively manage your time. I can only give you tips. I hope this helped.
Thank you.
(If there is anything I will be teaching on this blog on time management, this is the foundation!)

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