Strategy 5 in “7 Strategies for Wealth & Happiness: Power Ideas from America’s Foremost Business Philosopher” by the late Jim Rohn
Be sure to grab a copy of your own – its a must have in your library – Get your copy here.
Apologies for the poor quality video – my Internet connection is slow & I wasn’t gonna take all night uploading it!
“In the realm of time, there is no aristocracy of wealth and no aristocracy of intellect. Genius is never rewarded by even an extra hour a day. And there is no punishment. Waste your infinitely precious commodity as much as you will and the supply will never be withheld from you.
Moreover, you cannot draw on the future. Impossible to get into debt! You can only waste the passing moment. You cannot waste tomorrow; it is kept for you.”
Now I know that this is a boring as bat shit, bullet pointed atricle. This is just a kind of summary of the Strategy – This book contains SO MUCH GOLD in it that its really hard to break it down.
There are 4 Attitudes Toward the Managment of Time:
The Drifter Mentality
- They ignore time altogether
- They meander aimlessly
- They will say “I’ve been late all my life. I can’t ever seem to get a handle on my time. The heck with it! I’ll just take it easy & get where I am going when I’m good and ready.”
- You can’t drift your way to a better life.
The 9-5 Time manager
- Function best with a moderate level of stress
- Can handle only so many projects at once
- Would rather be an employee & let someone else have all the glory and the headaches.
- Never enough work.
- Works 10, 12, 14 hrs a day.
- Take 2 jobs working back to back
- Only satisfied when enjoyment is denied, sleep is deprived & more tasks are done.
- Can result in alienating family, loss of health & a crisi of values.
- Usually more task oriented than results oriented
The Enlightened Time Manager
- Allots time for every aspect of their life
- Has the ability to schedule himself to work only the so many hours and still get more work done than a workaholic.
- Works smarter, not longer
- Focus on productivity per hour
- Find ways to develop wealth by the use of leverage, ie mutiplying their resources many times over
The Mastery of Time
- Either you run your day or your day will run you.
- Its deciding who will be in charge.
- Learn to say “NO”
- “Don’t let your mouth overload your back!”
- Don’t mix work and play – segregate them. When you work, work. When you play, play.
- Find out when you are most productive – if in the morning, schedule work for the morning
- Analyze your habits, delegate responsibilities, work out what you are not good at and what you are good at.
- The phone is there for your convenience.
- Gain control over who can reach you and when.
- Thats a huge issue in todays insane mobile phone world – everyone lives their life through the phone.
- By using a day planner or smartphone calender app you can organize your day
Asking the right questions
- Don’t always jump to conclusions and make rash decisions.
- When a problem arises, its usually a clue that a deeper problem lies beneath the surface
- Always question why something is happening.
- By becoming good at asking the right questions you can save yourself enourmous time by getting to the root of the problem a lot faster
4 Ways of Thinking on Paper
- Always operate from document not from thought.
- Always plan your day in advance, your week, your month & your year.
- Take the time to plan and in the end you will get more done than without a plan.
- Thinking on paper is a creative process – its more than just a to-do list
Use these 4 methods to plan your life:
- A place where you can write down your thoughts.
- Don’t let good ideas escape you – A great idea can change your life, if you capture it.
A Project Book
- Have a place where you can centralize all your data so you can focus on it without spending wasted hours hunting for information all over the place.
- Some form of Day Planner, or a smartphone calendar app.
- Something you can use as a gathering place.
- Think of it as a central location from which you process all of your information of the day, week, month & year.
The Game Plan
- Think of it like a long term strategy like a football coach has a game plan.
- Don’t start the day until you have it finished – do it everyday
- Don’t start the week until you have it finished – try to have an overall plan so that your day game plan can fit in nice
- Don’t start the month until you have it finished
- It all becomes part of a bigger design.
- It will be a tough discipline, but if accomplished you will be called a master.
How to Prepare a Game Plan
- Keep it as a spreadsheet
- Have the vertical columns the # of days the plan will cover
- On the left side of the spreadsheet have a heading “Activities”
- Its all a personal way of doing it – everyone’s game plan will be different & tailored to them but following the simple layout will be a good way to get started on making a game plan.
There really are some great nuggets in there which I am going to start to put into place – The biggest one for me is writing stuff down, hournaling & making a game plan. I’d love to hear your comments on it and what you got out of it, if anything.
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Links to the rest of the Strategies: