Time or money-- which is more valuable?
I was at a recent Master Mind Meeting in Phoenix when the topic of time management came up. The question was, how did each business owner manage/guard/protect his or her time in order to get the most done throughout the day--and by extension, make the most money.
The answers, to say the least, were surprising, both in what they had in common, and didn't have in common.
First off, even though everyone had a slightly different time management system, the interesting thing was, everyone had one.
Every single successful entrepreneur in the room had a system for using their time AND they valued time much more than money.
Some people had certain things they absolutely had to get done during the day. Others even had their entire day scripted.
Everyone had systems for others to do low value tasks so they could spend their time on the highest value tasks.
Just about everyone stayed away from the day to day office minutia because it is a terrible time suck. They let their subordinates "figure it out" instead of being involved in day to day operations.
Having control of your time is the key to wealth. In the beginning when you have no money, you are forced to do the low value tasks to keep the business running. But you should, as quickly as possible design systems, and utilize others to do those tasks so you can concentrate on the highest value work--the getting of money.
Let's get to it...
Mr. X.
Group M Marketing
Kimble and Kennedy Publishing
The answers, to say the least, were surprising, both in what they had in common, and didn't have in common.
First off, even though everyone had a slightly different time management system, the interesting thing was, everyone had one.
Every single successful entrepreneur in the room had a system for using their time AND they valued time much more than money.
Some people had certain things they absolutely had to get done during the day. Others even had their entire day scripted.
Everyone had systems for others to do low value tasks so they could spend their time on the highest value tasks.
Just about everyone stayed away from the day to day office minutia because it is a terrible time suck. They let their subordinates "figure it out" instead of being involved in day to day operations.
Having control of your time is the key to wealth. In the beginning when you have no money, you are forced to do the low value tasks to keep the business running. But you should, as quickly as possible design systems, and utilize others to do those tasks so you can concentrate on the highest value work--the getting of money.
Let's get to it...
Mr. X.
Group M Marketing
Kimble and Kennedy Publishing
