Today, we’re going to talk about your most precious asset – TIME. I must confess that my relationship with time has had it’s ups and downs. I used to think I never had enough of it, but then my coach reminded me that we all have the same amount of it. If that is true, then how come so many people get so much done in life and create so much value for the world while others struggle? What I’ve found is that successful people have learned how to VALUE their time properly and CHOOSE how they spend their time in ways that maximizes their impact in the world and their outcomes in every area of their life. Let’s take a closer look at some perspectives on time value to give you some things to think about in your own life and your relationship to time.
Let’s start by looking at two separate dimensions of time value. You’ve probably heard the phrase “time is money”. This is comes to play in your vocation and in your investments. For today’s purposes, when I am talking about time and money, I’m only talking about how your active time in your vocation translates to money, I’m not talking about not investments. So, the first dimension is how you choose time to create MONEY VALUE. The second dimension is how you choose time to create LIFE VALUE. Notice that in both of these time value dimension descriptions I’m using the word “CHOOSE” instead of the more common term of “TAKE” related to time. Let’s be clear – you are not TAKING time when you decide what to do in the present moment. You are CHOOSING either consciously or subconsciously what you do every single waking moment. So, let’s make sure you are CHOOSING your time wisely relative to MONEY and LIFE VALUE.
To help you out in choosing your time wisely, I've built out the MONEY and LIFE dimensions of TIME VALUE on the slide above and have provided some examples. First, let's focus on the MONEY and LIFE dimensions in a quadrant of high and low value.
So where are you spending your time? I trust that this post has brought some value to you this week, and I want you to go off and think about these concepts because next week, we're going to come back and take the next step - how do we look at time and measure time in a way that really enlivens us and allows us to live in that high life-high money quadrant, where you've hit the bullseye, you're living your passion, and you're getting paid well to do it? Have a great week!
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