Time Management 168 – Part II

Time Management 168Ok, in part one I made the point that we all have 168 hours in a week, from Donald Trump to a skid row bum, hence the reason I called it the great equalizer of men. We also determined that once you have subtracted 42 hours for sleep and 50 hours for work, we have 76 hours remaining. Depending on how we utilize that 76 hours can have a tremendous impact on our health, wealth, contribution to society, quality of life with our families, pursuits of hobbies and so forth.
Before we go there, I want to give you a tremendous time saving technique that Anthony Robbins teaches in Time of Your Life. This technique is delegation. There are tasks that eat up time that can be handed off to others to accomplish for you. Examples are housework, laundry, washing the car, paying bills, yard work, and auto maintenance. Granted, if some of these tasks are delegated to others, there may be a cost associated with them, but if it is your intention to increase your income or build a residual income with the time that would otherwise be used for these menial tasks, the investment is worth it. Also, keep in mind, if you have children, this is an excellent opportunity to teach them responsibility and have them shoulder some of the load around the house.
The value of a minute – NEVER underestimate the value of a single minute. List all of the tasks that need to be accomplished in a single day, week or within the next few weeks. Next, assign how much time each of these tasks will take. Start with the most important first. You will find that 15 or 20 tasks may only take 3 to 4 hours when you have sat down, put it on paper, analyzed the time commitment, and planned a work strategy. Let’s use a hypothetical illustration.
Cold Call 20 leads – 30 minutes
Follow up with 20 existing leads – 30 minutes
Call 10 existing clients – 30 minutes
Check and respond to all emails – 10 minutes
Update facebook, twitter, linkedin statuses – 15 minutes
Call the bank about credit approval – 10 minutes
Straighten desk – 10 minutes
Pay cell bill – 5 minutes
Pay internet bill – 5 minutes
Call Dad – 10 minutes
Write blog entry – 500 words – 15 minutes
Write article for magazine 450 words – 15 minutes
Write one page for book – 20 minutes
Pick up dry cleaning – delegate
Order flowers – 5 minutes
Dinner reservations – 5 minutes
Total Time – 3 hours and 35 minutes!
76 hours gives us approximately 11 hours a day that we can do with as we please. Those 16 tasks only took 3 hours and 35 minutes. I subtract that from 11 hours and I am left with 7 hours and 25 minutes. What can be accomplished in that time period? More quality time with the family? More quality time with your mate? Could you learn a foreign language? Write another book? Take a martial arts course? Do something you have always wanted to do, but never thought you had the time to do? What could you accomplish? Don’t tell me, tell yourself. Start writing down all that you would like to accomplish. Assign an estimate of how much time it will take to do each task on a daily basis and then schedule it. Take control of your time, do not let time take control of you!
Well, what are you waiting for? Get started now!
The best to you in all you do!
– Drew

Related

JOIN THE DISCUSSION

Comments

  • Mathew Oeschger April 30, 2012 at 2:35 pm

    This has been one of, if not the most helpful blogs I have read in many years. The way you literally broke it all done, opened my eyes and made me realise that I’ve wasted many years with mindless distractions when I could have fully learned how to play the piano, started producing songs, learning a new language, etc. It was to the point, but at the same time motivating. Instead of saying, “wow, I’ve wasted 30 years doing nothing.” and sticking with old habits, I can simply follow the great advice you listed, delegate my time, and do all the things I want to do. It’s not too late, the time to start living is NOW!

    Reply
  • Drew Berman April 30, 2012 at 4:09 pm

    @Mat – thanks for the feedback hombre. You are at a perfect time in your life to really take the bull by its horns. You’ve got nothing but blue skies ahead my friend.

    Reply
  • Cameron Lowder April 30, 2012 at 6:11 pm

    Very insightful piece. It is amazing how much you learn when you think critically about things that are so often taken for granted. There is no doubt that some of my time is poorly utilized and I look forward to the challenge presented in this blog to create direction and purpose with my time. I will say that for me personally, brief amounts of time devoted to the “unproductive” type ofactivities can be useful. I enjoy 15 minutes of escape or distraction, as I feel it allows me a renewed focus when I return to “productive” use of my time. There is no doubt that this can be a very slippery slope, and I am excited to try and create the perfect balance which can allow that time I use for distraction to be beneficial instead of wasteful. Thanks for the enlightening insight!

    Reply
  • Drew April 30, 2012 at 9:19 pm

    thanks @Cameron for your great words. I like your writing style. we can do great things together

    Reply
  • Ann Nguyen May 1, 2012 at 3:20 pm

    There were some very good points made in this blog, Time Management 168- Part II. It got me thinking how much a minute is value. Thinking in terms of money, I could either use my free time to be fruitful with my ventures or wasteful in time. I made a list of the daily checklist I do and realized if I schedule out a certain amount of time to complete those tasks, my hours dwindle down. I should “never underestimate the value of a single minute”. Who knew how precious minutes are?
    After reading this piece, I want to be proactive with my time. I would like to read a book; ace some summer courses or maybe learns something new. Now, this might sound good in theory, but I see if it actually turns into something. There is some downside to free time especially wasting it on unproductive tasks. My goals will either be a hit or miss, let’s see how it goes!

    Reply
  • Drew May 1, 2012 at 10:37 pm

    @ Ann thank you so much for stopping by and giving us your feedback. I look forward to hearing many more success from you

    Reply