“Time is really the only capital that any human being has, and the only thing he can’t afford to lose.” – Thomas Edison
Just read this quote from the great scientist who lightened the whole world. He is the man who failed for a thousand times before he invented the light bulb. Time is the ONLY capital; and the ONLY thing we can’t afford to lose!! Its meaning takes a lot of time to sink in.
Brian Tracy, a Canadian-born American motivational public speaker and self-development author says – “You cannot save time, but you can spend time differently”. How true he is in his saying. Time is flowing, no one can stop it, store it for future use; the only thing we can do is “spend it”.
Self-Made billionaires know this fact very well. It is not about saving time; it is about self-management that includes work management. One thing they know very clearly that adopting habits that contribute towards high-productivity and time multiplication is the ONLY way to be successful in life. Here are top 5 such self-management habits which produce more and saves time-
- They WRITE their goals CLEARLY– Well, experts says… writing your goals down increases chances of success by 42 percent. And the clarity of goals means spotting destination clearly and hence become able to figure out a clear path which will take to your destination. Robert Kiyosaki said, in an interview with Marie Forleo on topic “Why Smart People Underperform and What to do about it”, you every day have three goals, not more than three, then three medium term goals, weekly or bi-weekly, and then have long term goals, six months to a year, and then three life goals.
These billionaires know the importance of keeping goals. And when they have to write just three or so goals then obviously they will write the most important three goals. The 80/20 rule works very well when it comes to productivity and time-saving.
Another important thing they do about goals and daily work management is that they start their next day before they go to bed to sleep. In other words, their schedule of next day is well ready before they go to their bed. This simple, yet powerful thing gives them a big leap and saves some good amount of time next day.
- They keep their things ready to use– Have you ever wonder why billionaires spent millions of dollars in maintaining multiple cars with chauffeurs, tech savvy personal secretary, costly supercomputers, and even automatic watch winders just to keeps their luxury automatic watches ready to use anytime? They want their things ready to use anytime. They know everyone has 24 hours and it is up to us how wisely we spend it. They just cannot afford a couple of minutes waiting to see any particular report in their office. They want everything should be right there in front of them to use when they require it.
- They say “No” to almost everything– Do you know Keep Warren Buffett, who is counted among world’s top 5 richest self-made billionaires, don’t keep any laptop or even a mobile phone on his work table? This is simply a head-scratching fact. He says- “The difference between successful people and very successful people is that very successful people say ‘no’ to almost everything”. In other words, billionaires know the cost of a distraction of few minutes. They keep themselves distraction-proof and they hold themselves very tight and absolutely focused.
- Technology is their best friend– Billionaires know that they cannot stretch time more than 24 hours a day, but they know how to spend several thousands of hours every day. They do it by using two time-multipliers: (a) hiring people and take 8 hours from their 24 hours a day, and (b) using technology. Technology has invented hundreds and thousands of gadgets, applications, tools, and machines which multiply productivity and saves tons of time.
- They prepare themselves and plan ahead– First and foremost, billionaires keep on acquiring a wide spectrum of knowledge. They read books, meet other successful people, hire a coach, and keep on developing their personality. This has a direct connection with the results they produce (obviously). Next, they almost every time prepare themselves for an upcoming event, whether it is some official meeting, family get-together, any vague visit to some place, or even just working in their office on some project. They prepare themselves and decide how they will present themselves and how they will act. Billionaires make a plan for everything. They know they plan is not just a matter of official work, but also a deeply integrated part of every aspect of life. They produce much more every day by just devoting few minutes in planning their daily tasks.
Billionaires know the fact that roots of success lie within us. Living a disciplined life is the key to the success. Bob Proctor gave a marvelous definition of discipline in his video “11 Forgotten Laws-The Law of Sacrifice”. He said… discipline is something that consciously chosen, ardently desired, patiently persisted in; no one become great by accident. And self-management is the first ingredient of being disciplined.