4 TIPS TO WORKING REALLY SMART – They say that you can always buy more money, but you can never buy more time. The feeling of burning out is a great way to ensure that you never get the chance to enjoy your hard earned money or your time. Working 52 weeks a year and putting in 16 to 18 hour days will definitely burn you out.
Check for any red flags of being over-committed. Do you get up at 5 AM and are packing every day with actions until you fall asleep at night? Do you find yourself chasing multiple goals and driving yourself to complete a crazy unreal weekly to-do list? We all do this every now and then. But if it starts becoming the norm, don’t you think it’s time to take a time out to reassess everything?
Let’s take some time to pause, re-charge, reflect and explore. Look at how the world’s wealthiest and most successful people find a great balance from spending the morning walking around the neighborhood, reading a book for 30 minutes, or taking some time to do some meditation or exercise.
I know you have financial goals that are present to direct your focus on what’s important for you, but I do not wish anybody to become a slave to them. You will need to work harder than average, as you will discover as you go on, but you need to work smarter than the average person does too.
People need to learn to make comfortable and sustainable choices about how to use time wisely, to allow getting the important things done without killing themselves before even enjoying the byproducts of success.
Here are 4 tips to working really smart:
1. OBSERVE YOUR TIME BRUTALLY – You need to be smart with your time, as an employee, investor or an entrepreneur like me. Observe how time is used and compare that to how there is a need to consume it.
2. IDENTIFY YOUR ACTIVITIES THAT HELP YOU, THOSE THAT YOU CAN SHORTEN OR REMOVE – You need to monitor your day and do everything to streamline it. What do I mean by it?
– What are your activities that you can eliminate or shorten the time you spend without losing the value it brings to you?
– Are there any distractions that can be stopped that you’re being drawn to? For me, it’s a mixture of playing mindless phone games, checking phone notifications and having more than 2 meals in a day (I don’t recommend you having just 1 big meal in a day like me. It took me 6 months to be able to just have tea in the morning, protein shake for lunch and a good dinner of chicken or fish with vegetables as a normal routine). I now have no games on my electronic devices nor any consoles for playing and I don’t have any notifications on for my phones except for Text Messages or Phone Calls.
– Do you find yourself being tied up to 3 to 5 meetings every day? You may seem like you’re getting a lot of things done by meeting so many people via Zoom/Google Meet or physically, but some meetings aren’t really necessary at all. I run and operate 17 companies myself, and whenever I feel like I am not adding value to any of those meetings or where I’m not really needed, I just leave. It’s something that I used to need to explain to my partners or team members. But now, they understand why I suddenly leave in the middle of meetings without excusing myself. And I let my team members and partners do the same practice also, so they can focus more on the important things they need to do for the day.
3. BUILD YOUR CREW/TEAM – You are not an island. You can’t accomplish everything your own. Hiring team members (I don’t like the term employees) or building your own crew is crucial to your success. The value that a team can bring to the table when trained properly is just on another level. Compared to a person doing everything by themselves. If there’s things that someone can do for you at least 80% as good as you or more, GET THEM. It’s worth it. I hired my own assistants, accountants and even my own creative team. My overhead costs might be higher than normal. But I sure do have time to spend. Like sitting on a bench somewhere at two in the afternoon on a Tuesday, people watching.
4. DELEGATE, OUTSOURCE AND AUTOMATE – When making money, it means being involved in a lot of daily activities. From holding down your day job, to investing your money. It could be time in other businesses, to just having time to be creative. The pressure that time gives can build up over time. Be sure to identify any tasks that can be easily and importantly be cost effectively automated. Tasks that can be changed or given to others to do (as stated in number 3). Examples are:
– Hire your own property manager
– Get a CPA (Accountant) to do your book-keeping
– Move to an online automated banking system. I love banking with Unionbank and East West Bank with their reliability unlike other banks that find ways to mess up. I also maximize using GCASH how it does all my bills payment with ease.
– Get an online schedule app like Calendly to setup meetings for you based on your free time
– Get an assistant that can do the little things that don’t require your skills to be in action
– Use a social media scheduler app like Hootsuite (Php 11,500 annually). This allows posting for up to 10 social media platforms in advance
Next time someone asks how to work really smart, give these tips besides those that you know of. Do share your tips for working really smart on the comments section.
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