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How to Gain More Time Like Making Money

How to Gain More Time Like Making Money

Time is finite. Each of us on this planet are here only temporarily. It’s important to use time wisely, yet it is easy to get caught up spending your time doing things that don’t really matter.  Most people act in ways that are only sustainable if we had an infinite amount of time.  But we don’t.

Imagine you were able to save $10 per day, and let it build. After a year you will have accumulated $3,650. Equally, if you were able to save 10 minutes of a day to be reused later, by the end of the year, you would have saved 60 hours.

What would you choose?

Most would go with the money. It’s understandable. Humans like tangible rewards.

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However, money by its nature is salvageable. If you lose money, you may have the opportunity to make it back again. But time is different. Once an hour passes, you lose that hour forever. What many people often forget is that those accumulated 60 hours can become something far more valuable than $3,650.  To truly value our time, we must convert it into something tangible in our minds.

Money Is Tangible but Time Is Not?

Our lives are a series of experiences.  Everything we pursue is, at the end of the day, aimed at creating positive meaning out of these experiences.  Everyone wants to have more enjoyable experiences than unenjoyable ones, and want the same for those they care about.

But what is the currency that you must trade to have these experiences?

That currency is time.  Everything is just a means to this end.  Without time to spend, everything else is meaningless. You can be a billionaire, but if you had only 1 hour to experience its value, those billions are suddenly not worth so much.

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We are generally much more conscious of how we gain and lose money.  For example, if you dropped $100 on the floor, I’m pretty sure you would immediately turn around and pick it up.  On the other hand, if you wasted 100 minutes doing nothing, it might barely register.

Although we know that time is limited, we often think and act as if it is not. It’s obvious that treating your finances in this way, like having a $100 budget but spending as if it was $10,000, would soon get you bankrupt.  Treating time like this is far more damaging.

“Life is what happens to you while you are busy making other plans”

– John Lennon

The reason that money seems so tangible is because dollar figures are attached to everything around us.  It helps us to assign relative value between things.  But it can be the same for time.

The Only Way to Measure the Value of Time

A day will always be 24 hours. There will always be 60 minutes in an hour, and there will always be 60 seconds to a minute. Some lives are longer, some are shorter, but let’s assume you’re lucky and get around 70-80 years.   How many of these years are the prime of your youth, or in good health?  How many of these years are just short windows in time that you have with your loved ones?  Instead of just considering time as a quantity spent in minutes or hours, how we spend it is more important.  Your quality of life is basically defined by the quality of your time.  And you should also look at it from more than one dimension. For example, ask yourself these questions.

  • How many hours in a day do you spend being angry, anxious, dissatisfied, or unhappy?
  • How much time do you spend actually connecting with a loved one as opposed to just being in the same room as them?
  • How much time do you plan for improving yourself each day, or each week?
  • How many hours of your life do you spend doing things you don’t enjoy for reasons that you don’t really understand?
  • We sleep on average 6-8 hours a night, but how many hours are quality rest?  How many, then.. are just wasted lying in bed?

If these are typical questions that you regularly take actions to address, then you’re well on your way to being in charge of the quality of your life.  If you don’t, then it’s a great time to get started.

I’m not suggesting to quit your job, and spend everyday however you like. That is unreasonable and unrealistic. However, there are countless choices that you make everyday about how you think about things and what you decide to focus on.  You’re constantly making these choices whether you’re aware of them or not.  If you take charge by being consciously aware of these choices, you can gain countless  hours, days, and even years of meaningful time spent.  Everyone has the same 24 hours a day, but you can take control over more of this time than you think.

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The first step is to make quality time a true value in your life, and not just a cliche.

Your quality of life is basically defined by the quality of your time.

What if you could take small actions during the day that vastly improved the quality of your sleep?  Or boost your productivity and energy through the day by investing in a 20 minute nap.  How about spending time connecting more deeply with friends and loved ones in the short time you have with them?  These are only the tip of the iceberg in an encyclopaedia of ways to increase the quality of your time, which is one of our core values at Lifehack.  You can find out more about how to make the most of your time here: Time Merchant.

Some of the greatest regrets we have in life are those valuable moments lost because of how we chose to spend our time.  Imagine the millions we would pay to be able to go back in time to respend those moments, or to make different choices. So make the choice to truly value your time.  While you’re still alive and breathing, it’s never too late!

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Featured photo credit: Picjumbo via picjumbo.com

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Leon Ho

Founder & CEO of Lifehack

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Last Updated on April 22, 2021

How to Work Hard the Smart Way: 4 Daily Rituals to Follow

How to Work Hard the Smart Way: 4 Daily Rituals to Follow

Habits are what sets an average leader apart from a great leader. We can argue that talent is the biggest factor; we may debate how the amount of charisma sets the two apart. Yet, if you were to show me what you believed to be a great leader, I can show you the habits that made her/him great. Great leaders have great habits and know how to work hard the smart way.

Developing Great Habits Is Hard Work

In my early college days, I had spent a lot of time learning how to play the trumpet. Playing the trumpet took time and discipline. I had some natural talent, but not enough to hide my lack of ability. My trumpet teacher was a man of discipline, and there was no doubt he had talent. What stood to me was his work ethic. He had to be one of the hardest working mentors that I had the privilege of working with.

One afternoon, I was in his office getting ready for my weekly trumpet lesson. As I was preparing, my eyes scanned the room and saw that there were quotes all over his office. My eyes rested on one quote that forever changed my thinking about my playing. It was a quote from my high school basketball coach Tim Notke that would become popular through professional athletes Kevin Durant and Tim Tebow:

“Hard work beats talent when talent fails to work hard.”

Hard work trumps talent. The key to success is not found in your talent or ability. Talent and ability are necessary, but they are not the primary factors. They are supporting roles in the story you are writing.

Ultimately, hard work is the key to your success. A good work ethic creates the momentum that propels you forward towards your goals.

Motivation Is Not the Answer

How many times have you seen someone go to a conference, get inspired, and then come home and do nothing?

If motivation were the answer, the world would have transformed hundreds of times over. Yet, when we look out our doors or turn on the news, we do not see a utopian society.

We have thousands of people who become inspired but lack the work ethic to apply anything they have learned. Time and time again frustration creeps in. We are so motivated and inspired by what we see but fail to put in place the things that would change our lives.

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Frustration happens when the gap between what you expect to be true and what is true gets bigger. Motivation tends to create an expectation that is not rooted in reality. We want to take on the world but cannot get off Netflix long enough to do so.

Motivation is not the answer, but working hard is. Good habits and routines that produce success are the byproducts of a strong work ethic. The habits and routines we create and follow are the foundation on which we build a winning life.

How to Work Hard by Working Smarter

Here are 4 routines that will help you learn how to work hard and achieve your short term and long term goals.

1. Define What a Win Looks Like

In football, a player that crosses into the end zone gain points. In soccer, a player kicks the ball into the net to score. Hockey, lacrosse, and basketball are all the same. The player takes the object and moves it into the designated area to gain points. The team with the most points wins the game.

Why is it that we can define what a win looks like in sports, but we fail to do so in our leadership, our businesses, or our homes?

Learning how to work hard without setting a target is futile. It is insanity to work hard without having a clear direction to place your energy. I would argue that defining a win is one of the most important routines that a leader can have. Defining a win separates superficial activity from meaningful activity.

When I define a win, I know the goal line I have to cross[1]. Knowing where the goal line is informs me of the activity I have to engage in to cross it. Without a clear direction, I am spinning my wheels hoping that I will get to a destination I haven’t defined. It is like asking a GPS for directions but failing to input the destination.

4 Steps to Define a Win
  • Know the outcome you desire.
  • Declare the outcome in specific, meaningful terms.
  • Write the outcome down.
  • Set your activity list to only do that which will complete your goals.

Let me give you an example. 15 years ago, I started speaking professionally. As a young and naïve speaker, I thought winning meant that I had to get a reaction from the audience. If they cheered, smiled, or cried, I considered myself a winner. The problem was my lack of understanding of what a win looked like. As a seasoned speaker, my wins look different.

As of today, when I speak, I am not looking for any emotional reactions from the audience. I win if, and only if, I clearly communicated my point so that anyone hearing the talk can take it and apply it to their lives that day. That is how I define a win when I speak now.

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Create a habit of declaring a win. When you do, you will see your productivity soar and your encouragement increase. Pairing a hard work ethic with wise decisions creates victory. Stop being a mouse on a wheel that goes nowhere, and start being the captain of your fleet.

2. Evaluate Your Activity

Not all activity is equal. There are things you must do, things you need to do, and things we can either give away or delete. The greatest challenge of a leader is understanding the difference. Understanding what activity is busywork and what activity is mission work is pivotal.

Not only do we need to learn how to evaluate our activity, but we must make this a core routine in our arsenal of success. Stop working so hard on everything and start learning how to work hard on the right things.

Not every activity will move the needle forward for you. In fact, you were never meant to do everything yourself! Once we stop trying to be a martyr in our leadership, we can start looking at how to take things off our plates through delegation.

Based on the Eisenhower box, there are 4 things that we look at when deciding on which activities are important:

  • Do now
  • Plan to do it later
  • Delegate to someone else
  • Delete it

Powerful questions are the way you discover if the activity is right or not:

  • Does this activity move me towards or away from my goals?
  • Do I have to do this activity or can I give this activity away to someone else?
  • Does this activity have to be now right now or can it be scheduled for later dates?
  • Does this activity have to be done at all?

Evaluating the type of activity you engage in should be a routine that you do daily. Learning how to work hard should create progress. Having a system of evaluation and a routine to do it will help.

3. Prioritize Your Calendar

If you were to show me your calendar, I could show you why you are not further along. When you lack the routine of placing things on your calendar, two things happen.

First, what does not make it on your calendar does not get done.

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It is a simple truth that is often overlooked. Your calendar contains the power to change your life. Yet, we don’t use our calendars to their fullest potential.

“You will never change your life until you change something you do daily. The secret of your success is found in your daily routine.” -John C. Maxwell

Also, if you don’t mark you activities on your calendar, you are leaving it open to other’s priorities.

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” -Stephen Covey

Having a routine in your life where you place things on your calendar is pivotal to your success. This is not a routine one should overlook.

It’s time to take your leadership and business to the next level. It’s time to start putting your daily routines on your calendar, along with your priorities.

4. Reflect on Your Day and Plan the Next

We are all about the morning routine. Whatever that looks like for you, there should be a routine in the morning that sets you up for success.

Hard work starts when your feet hit the ground in the morning. Creating the habit of winning starts with the first thing you accomplish that morning. If you win your morning, you will win your day.

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Best Morning Routine to Prepare to Work Hard

    But how often have you heard people talk about an evening routine? Tomorrow is won the day before it happens. When you fail to plan your day, you may put your effort toward in the wrong things. Route replaces routine. Indecision replaces decisiveness. Losses replace wins. The discouragement will deflate your momentum and increases the chances of procrastination. That is why we set our schedule the night before.

    “Every battle is won or lost before it is ever fought.” -Sun Tzu

    Working hard doesn’t have to be hard work. It shouldn’t take much out of you learn how to work hard as long as you work smart. Having a time where you reflect on the day and set your priorities is the difference-maker.

    Use these questions to reflect on your day:

    • What went well?
    • What didn’t go well?
    • What can I change?
    • What do I need to start doing?
    • What do I need to stop doing?

    The Bottom Line

    Navigating through life is hard work. Yet, the work doesn’t have to be hard when you work smarter. When you create routines that support your mission, you create wins. Working hard, the smart way will tip the balance in our favor.

    Boxing legend Joe Frazier said:

    “Champions aren’t made in the ring; they are merely recognized there.”

    Champions put in the hard work behind the scenes. The world recognized them as a champion when they saw the results of the hard work. Right now, you are doing the work of creating a champion in yourself.

    That work is setting your routines in order because you now know that success flows from your daily routines. If you are not experiencing the success you desire, then it is time to change things up.

    More on Creating Healthy Routines

    Featured photo credit: Zan via unsplash.com

    Reference

    [1] The Balance Careers: Interview Question: “How Do You Define Success?”

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