Do you know what your most valuable asset is? I’ll give you a hint. It’s NOT money, your house or your 401k. Those can all be expanded and replaced. It’s time. No matter what we do, we still only get a certain amount of time. What you choose to do with your time is entirely up to you. I’m in constant amazement of the number of people in this world who don’t understand this concept and totally take their time (and/or the time of others’) for granted.
Q: What are you doing?
A: I’m just killing time.
You’re what!?!? Did you think that all the way through? You do understand you only get a certain amount of it, right? Make every second count! Instead of killing time, I like to always try to kill two or three (or more) birds with that good ‘ol proverbial stone. This is why I love Audible so much. It enables me to power through books and learn new things all while I’m accomplishing other tasks at the same time.
According to this article out of Forbes Magazine, time is The Great Equalizer. No matter what lot in life you have been given, you still only have a certain (and unknown) amount of time. It doesn’t matter if you were born to a single mother on government assistance or a billionaire father who brought you home from the hospital in a multi-million dollar Rolls Royce that was driven by some dude in a fancy-dancy monkey suit, who your dad called James while speaking with a funny accent and sporting an ascot.
I’m still working my full-time job for several reasons. First off, I absolutely love what I do. It’s my dream-job that I have wanted to do all my life. Now that I’m here doing it and loving every minute of it, I really don’t want to leave it just quite yet. Once it’s gone, it’s gone for good. There are no do-overs with this position. When I leave it, I will never be able to do it again. Second, I’m really close to retirement and only have a little bit of time left to continue having fun and creating more stories to tell my grand-kids. Age is getting closer and closer to making me face the retirement music every day. And lastly, I want to be 100% sure I’m making the right decision financially when the time comes that I do step away and just operate my Internet-based business only for a living.
My job requires me to spend a lot of time sitting in my vehicle, staring out the window while doing surveillance. Today, I covered eight chapters of an excellent book that enlightened me on how to improve (and better monetize) my blog, all while staring out the window. AND, I was very successful with the “staring out the window” part of my job while listening to my book too! To put it another way, I successfully added value to my life and knowledge today all while doing the job that I love at the same time. #avamsh ← if you don’t know what AVAMSH is, you need to download my free, exclusive ebook and read it. If you have already read it, you are already totally on-board with AVAMSH.
I first read about time being our most valuable asset in one of Robert Kiyosaki’s books. I don’t recall for sure which book it was but I’m relatively certain it was either The Cashflow Quadrant or Rich Dad, Poor Dad. Both of which are excellent books.
In the early 2000’s, my job required a LOT of world travel. I spent countless hours on airplanes and in airports. Most people wasted that time with mind-numbing movies and electronic games. I spent the majority listening to recorded books or listening to music while reading an old school book. I’m not saying there is anything wrong with watching movies, playing games, Facebooking or any other kind of time-suck if that is what you enjoy. I’m just saying you should try to make a conscious effort to spend the majority of your free time doing something that involves some type of Advance Dynamix if you truly do want to advance your lot in life.
Free time. Have you ever stopped to give those two words some serious thought? Think about it for a minute. Working a job for a paycheck is essentially the equivalent of just selling your time to your employer. How much are you pimping your most valuable asset for? Is the job you are selling your time for making a significant impact in the lives of others? Yes? Awesome! Do you love doing it? Good! If you answered no, you may want to give some serious time and thought to this area of your life and reevaluate how you are spending your most important asset.
Taking Massive Action that actually makes a huge financial difference in your life and the lives of your friends and family is extremely important. With that being said, it is also extremely important not to lose sight of the bigger picture of life. My mom is always said that no man ever lays on his deathbed and says I wish I would have worked more. Ultimately, you do what you do every day for your family. Time spent with them is extremely important. Never lose sight of that!
When I was a younger man, I remember having a telephone conversation with my Uncle Harold about time vs. money. I needed my car worked on but didn’t know how to do the job myself. My uncle Harold explained to me that I could spend 10 or 15 hours learning how to do that job myself and possibly doing it wrong or I could pay a professional to complete the job in two or three hours. After giving that concept some serious thought, I realized that this wasn’t a job that I wanted to invest 10 or 15 hours of my life into. What would my Return on Investment (ROI) be he asked? I wasn’t a professional mechanic so the likelihood of me ever using that newly acquired knowledge again was very slim. I ended up paying the professional to do the job and was on my way down the road again ever so quickly. Since that day, I have often used this same concept in many other areas of my life. Every time I need something done, I look at the task at hand and ask myself if it makes more sense to hire someone who already knows how to do it, will do it correctly the first time and will do it much quicker than I could? Because of this, I use Fiverr and Upwork very often. It’s like having virtual employees who are always available when you need something done. In the meantime, while they are working on the job I have asked them to do, I am working on something that I already know how to do. I’m killing two birds with one stone. Entire books have been written on the subject of using virtual assistants. There is no sense in always trying to reinvent the wheel. Use the professional abilities of others to help you get where you want to go much faster and easier than if you were to do it all yourself. As the saying goes, many hands make light work. Compounding your efforts to reach your ultimate goals much faster is an extremely wise decision.
Just because someone is busy does not mean they are not wasting time. Make sure the things you spend your time on are the important things that are going to have a significant impact on your goals. Peter F Drucker once said there is nothing so useless as doing efficiently that which should not be done at all. Busy work is a waste of time. When I was growing up, one of my mom’s favorite sayings was work smart, not hard. I believe that short sentence had a huge impact on who I am and how I think today. I can talk faster than I can write. As I am writing this, I am using my cell phone with the speech-to-text feature. I’m working smarter, not harder. It’s amazing how fast you can knock out a 1,700 word blog post just by talking like you normally do, but into your phone. Ahhh, modern technology. Ya gotta love it!
I hope you enjoyed this post. Always remember, never squander your time (or anyone else’s for that matter), we only get so much of it and we never know when it’s going to run out. MAKE IT COUNT!
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Time is the most valuable asset you don’t own. You may or may not realize it yet, but how you use or don’t use your time is going to be the best indication of where your future is going to take you . ~Mark Cuban