Hey guys! It’s me again,
I want to talk to you guys about the importance of time management. This article is based on what my mentor thinks about it.
Teaser: “Secretly I waste his time by picking his brain all the time :).“
Keep in mind, he doesn’t waste a lot of time and he gets straight to the point.
The general concept of time management can be found here:
https://www.mindtools.com/pages/article/newHTE_00.htm
Let’s dive right in!
“I am tired of all these people telling me about time management. They tell me they manage this, they mange that, they do this, and they do that. Why aren’t they a millionaire if they know how to manage time?”
“Ken, If I could manage my time, I would be a trillionaire, not a millionaire. You can’t manage time, anybody who says they can is a hoax.
Tell me, have you ever seen somebody press the stop button on time? Time keeps going, and there is nothing stopping it or slowing it down, and there is nothing you can do about it.
I have never met another millionaire or billionaire who has told me they can manage time.
You see, we don’t manage time, we don’t schedule it either. Scheduled meetings are for the sake of other people’s time. They aren’t in favor of your time. I have my secretary do the scheduling for me if I have an important client.
Ken, time is very precious to me, it’s more important than money.
Money is something I can always get, money is replaceable, but time is not.
When somebody wastes my time, it is worse than stealing my money. It is the worst crime.
You need to value your time and skill set more than money. Once you have the skill set, it’s a matter of racing the clock to make your money.
I am going to give you the KEY to success Ken.
Value your time, rather than saying you are going to schedule your time, I want you to script your time.
Don’t say, at 10:00 AM I am going to the gym, then after that I am going to eat at 11:00 AM, then 1:00 PM I am going to write a report.
If you have ever done that, you know that things come up, things overlap, you don’t manage time, and by the time it is 1:00 PM, you are behind, and you end up writing your report around 2:30 PM.
In the worse case scenario, you are late coming home from the gym and you skip eating at 11:00 AM to make up time.
You can not afford to do that, because you still need to have your daily routine and maintain your health while you are still young.
This is what I mean by scripting,
Let’s take that same scenario and script it. Go work out for 30 minutes and spend 30 minutes to write your report.
See how much simpler that is? Don’t schedule it, don’t make it harder than it needs to be.
Tell yourself, you are going to spend x amount of time getting something done, and then do it. I guarantee you will free up more time in your day while producing more results with less time.
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Disclaimer:
I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.
– Ken