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Saturday, February 24, 2018

WEEK 128: TIME, THE GREATEST RESOURCE

Few people take objectives really seriously. They put average effort into TOO many things, rather than superior thought and efforts into a few important things. People who achieve the most are selective as determined.   Richard Koch


REFLECTIONS (learnings and actions): This week I want to write to you about the greatest resource we all have available. 

What is it you might ask?

Money

Information

Skills

Actually it is none of these. Well, what is it? 

It is TIME.

Time is the greatest resource available to us all and it is those who learn to leverage it, not manage it, who achieve the most and are the most successful.

The quote for today is a fantastic point, as it highlights the importance of learning not to manage your time, but to leverage it.

Richard Koch is the author of the 80/20 principle (some of you might have already heard about this), but it is where you can create more results, with less actions. Essentially, 20% of your actions produce 80% of your results. 

The 80/20 principle is abundantly apparent in all aspects of our lives, but it is often unnoticed. 

For example, 20% of your actions produce 80% of your happiness. If you think about it, there is an imbalance in which, a small number of the actions you take produce the majority of your happiness.

It is powerful once you start to one, see it, but two, start to incorporate it in your life.

Now this gets us back to the most precious resource we have...TIME.

You might ask, what is the difference between managing and leveraging your TIME?

First of all, managing your time does not lead to results. WHAT?

This is a huge obstacle for most of us, as it has been ingrained in us that the amount of effort you put in = the results you produce. 

Like when you were in school if you study X hours, you will get Y grade. 

Essentially it boils down to 50% effort = 50% of the results, which is incorrect. 

Results are produced from an imbalance of your inputs or actions you take. 

For example, in terms of your health and weight, 80% of the results are produced from your nutrition.

Thus you can manage your time wisely to do more things, but this "average effort" into too many things does not produce the results that you want. 

Second, managing your time is based on the assumption that you need add MORE. You get better at using your time, so you are able to add more activities in, thinking it will create better results for you.

Answer. NO!

It actually is a detriment, as you create more stress and frustration, as you add more things to an already full schedule. This can lead to overwhelm and eventually burnout!

Where as, leveraging your time is first based on subtraction of the "trivial many," or the 80% of the trivial tasks which produce little to no gains. 

This happens when you first clarify your destination, which allows you to identify what simple questions you must ask, in which the answers will produce the action plan needed to get you to where you need to go,.

This in turn, also identifies the "selective few" activities you need focus on to produce 80% of your results.

Are you struggling to get the results you want in a certain area of your life?

Start by learning to leverage your time, not manage it!

Identify the "vital few" activities to focus on, cut out the rest in order, so you can accelerate getting the results you desire.

Top three activities that move me forward?

1. Investing in daily personal development through audible. 
2. Scheduling time to be GRATEFUL for all the amazing things in our life. 
3. NMR (Night and Morning Routines). They fortify my self-image, and keep doubt, Excessive Negative Feedback (ENF), and Excessive Other Consciousness (EOC) in check.


Biggest lessons/learnings and corrections?

We are always projecting. Be aware of the place you are acting from. Is it from a place of abundance or lack? Service or Greed? It comes out in everything you do.


What are you grateful for?

The ability to invest in personal development, whether courses, masterminds, or other tools to help me grow personally, which will allow me to grow professionally. 


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PLANNING (Implementation Intention):  You will follow through 2X to 3X more likely to complete your weekly task than you normally would just by filling in the following statement.

I plan to complete the weekly task [day] at [time] in [location]. 

A reminder you might have to use multiple Implementation Intentions in order to follow through.


EXECUTION (strategies used):  From week to week, I use a combination of many strategies. There are always some which are used more than others depending on what comes up, but I wanted to offer a link to all them at once. 

My advice is to identify the I CAN'T statement you tell yourself during the most. Then find a strategy below the statement which resonates with you, and then start using it. 

Enjoy!

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