The largest and most rapid transfers of wealth in the history of the world have always occurred during massive economic change, and we are at the doorway of change unlike anything that has ever been experienced.
This is great news for anyone who has the right information and guidance. For many others, it is a sign that financial disaster is looming on the horizon, they are smack in the middle of the oncoming train and have no idea how to get out of the way.
The great news is that I just discovered something that will quickly ease any fear and uncertainty. In fact, if you are anything like me, you’re about to get very excited.
What if there was a way for you to know investing strategies of the Ruling Class that have long been kept secret from the Middle Class? What if you had an inside track on how they do it and you learned how you could do it too?
I just watched a video that opened my eyes to new possibilities, and you have got to see it!
The Elevation Group Video
I’ve been following the writings of people like Robert Kiyosaki, Harry S. Dent, Jr. and others for years. I tried to follow what they told me, but I didn’t have the guidance, nor the big enough picture to see how and when to make certain financial decisions and make my moves.
Watch the video from Mike Dillard. Mike is not an investor, trader, or financial guru of any kind, yet he’s made a 280% return since 2008, while the rest of the world has lost 30-40% of their portfolio. He has made a serious study of profitable investing and continues to learn from the real financial geniuses in the world today. Mike is sharing his information with anyone who is interested to learn and who wants to avert the coming financial disaster and turn it around by taking advantage of the incredible opportunities that are coming.
I’ve been looking for this kind of guidance for years. If you have too, then watch this video NOW. It’s coming down on Sunday, December 19th.
What’s the value of your work? Not the value of your time; the value of your work. But, isn’t that the same as the value of your time? No, sir. Two completely different things. If you have been tracking the time it takes you to get your work done, you’ve been wasting time. Do the opposite. Place a value on your work and then do it in the appropriate amount of time.
Sounds counter-intuitive, I know, but consider this. Would you pay someone $100 an hour to mow your lawn? Of course not. Mowing a lawn is not worth $100 an hour. The person mowing the lawn may think his time is worth $100 an hour, but that is not relevant to the work he’s doing. The time value doesn’t match the value of the work.
Likewise, you wouldn’t pay a tax preparer $5.25 an hour to prepare your corporate taxes. It’s ludicrous to believe that a person with a $5.25 an hour skill set could possibly do an expert, or even decent, job with your taxes. The time value doesn’t match the value of the work.
Entrepreneurs and small business owners tend to put too much value on so many tasks when they should be doing just the opposite. Limiting the amount of time spent getting that work done.
Get a countdown timer. A tangible one will do, but I like to use a computer desktop timer (download to your computer). Pick a task that you’ve got to do today. How much of your time is that worth? Twenty minutes? Now set your countdown timer for twenty minutes and work on that task. Focus. No distractions. No interruptions. You only get to work on that task in twenty minutes. Make sure the end of the countdown timer is loud and obnoxious enough to get your attention.
When that timer goes off, you should be done and ready to move on to the next task. If you can’t get it done, finish it anyway and know that you’ve either got to get this task done faster the next time, or you may have to give it up entirely and outsource it to someone else. That’s the topic of another subject. The goal here is to train yourself to the value of the task. Train yourself to the timer.
You have got to match the value of the work with the value of the time. Yes, as an entrepreneur or small business owner, your time value varies constantly, unless you’ve got a staff around you. Regardless, limiting your time will get you more work done in the end.
Do you have something in your business that you really hate to do? You probably spend more time thinking about it, worrying about it, and being burdened with it than you would if you liked it. If you liked it, you’d be done already.
My nephew had to take English again in summer school. He was going to miss out on a group family vacation. He was going to miss fishing for trout, miss horseback riding, miss swimming down the river in inner tubes with his cousins. And all for what? Because he didn’t pass English during the regular school year.
He told me he hated English and that was why he failed the course. Funny way to show it. If he hated English so much, why would he spend his summer taking English classes? If he hated English so much, why would he make sure that he had to spend more time studying English than the kids who finished during the year? If he hated English so much, why didn’t he breeze through that class as fast as possible so he didn’t have to spend one extra minute studying English? Not one more minute.
It makes no sense, but he hadn’t thought of it that way before.
If you really dislike something so much, power through that task or project as fast as you can and put it behind you. Get it over and done with. Go spend more time doing something you like.
You could also find someone who loves to do that thing and have them do it for you. This is the art of delegation. Get the people who love a task or project to do that task or project. They’ll do a better job than you if you hate it that much. They’ll have a better attitude and probably get it done in a shorter period of time. Probably way more cost effective this way.
The point is, the longer you wait to do something you don’t like to do, the more time you spend doing it. That doesn’t make any sense and it doesn’t help your business. Figure out a way to spend less time on those projects, not more. How you spend your time is your choice. Why not choose to spend more time doing the things you like to do? It’s better for your business.
Putting your hard work and effort into a project and getting it 95% of the way there and then stopping, is not finishing. Finishing means 100% done. Finishing means your project or product or service can now be sold and selling means income. Finishing means you are free to move on to the next project or stop working and have some fun.
Yet we all have those 95% done projects sitting around, collecting dust, cluttering your mind, causing you stress. Undone projects are doing you and your business no good. You can’t sell them because they aren’t finished. You can’t forget them, because you always have that nagging feeling that you should get them done. Most of you won’t throw them away, because you’ve put so much of your time and effort into them that you don’t want to see all that hard work go to waste.
Guess what? Those undone projects are a total waste of your time already unless you finish them. You’ve already blown off the hard work and effort you put into them, so your time was of no value. Either let them go or finish them.
If you’ve totally lost motivation to finish one of the great undones, ask yourself two questions:
- Is there a big enough reward for me to finish this project? In business, that translates to sales either in the short term or the long term. If the reward is there, then finish the project. If there is little or no reward then ask yourself the second question.
- Will it hurt my business if I never complete this project and use my time to finish a different project instead? If there’s no hurt to your business, dump it and move on to a project that absolutely will reward you. Let go of the old unfinished business cluttering up your mind, your time, your office and your life.
The key to being productive is finishing what you start. So go grab an undone project. Decide whether or not you are going to finish it, and then either finish it or dump it. I guarantee you will get better and better at finishing what you start.
Apply speed to what you do. If it takes more time to do a task, or produce a product, or deliver a service it costs you more time. The more time it takes, the less valuable your time. You make less and less per hour the more time it takes you to complete whatever it is you’re trying to complete.
If you are a perfectionist who must have absolutely everything perfect before you launch your product, or deliver that service, you are sabotaging your financial success. If you have a service that costs $400 and it takes you 10 hours to complete, you get paid $40 an hour for your time. If it takes you 5 hours to complete the same service, you get paid $80 an hour for your time. Which rate do you prefer?
Some of you are screaming at me now. You take the position that quality equals lots of time. I disagree. In fact, I challenge you. Does delivery or creation of your product or service depend entirely on time, or on what you have produced in that time?
Look at the time you are spending. Be honest. Are there wasted moments in your process? Do you even have a process? Is part of your process figuring out what you are going to do next? Or even, how you are going to do it?
You see. You don’t have your processes down. You’re working sloppy. You are straggling your time out so everything takes longer to accomplish. If you’re serious about making more money in your business, about enjoying a higher value to your time, apply speed.
Speed happens when you’ve got a system. Speed happens when you have a system that delivers the same quality results time, after time, after time. Speed happens when you don’t have to wonder, or re-think or pray that you are doing the right thing at the right time. You KNOW. Put your business on speed and get growing. Get more productive. Get paid what your time is really worth.
