Time Discipline and Bigger Profits (and Faster!)

Major Key to Faster Growth and Profits

A major Key to Faster Growth and Profits has to do with Time Discipline.

Most of the people who become very financially successful will readily say that one of the reasons they became successful was because they learned where to spend their time and learned the discipline of spending their time doing those activities. Now, as we learned in the first key (see post on “Mindset”), most people are average. If you want to do something that is above average, you have to do what above average people do.

2 Things Ordinary People Do

So, how exactly do successful people use their time that’s different from ordinary people?

Well, they do 2 things that ordinary people generally don’t do, or, if they do, they’re inconsistent with it.

First, they plan their days.

They do not go into their offices and “let er rip” so to speak. They go into the office with a plan of attack, and they work that plan through the day.

So let’s talk about how to best plan out a day.

Let’s look at how most people try to plan their days.

They make lists.

Usually long lists. But here’s the problem with long lists: ask yourself this question: What things on my lists do I tend to do first? Usually, the answer is “the easiest/quickest tasks” because we like the feeling of crossing stuff off.

Now think of this: what are those things on my lists that are usually the most productive and profitable things that I can do? Answer: usually the harder, more time-consuming tasks.

So, what most people do is they set themselves up in a process where on a day to day basis they get done the easiest and least profitable, least productive tasks first. Now, think back to any day where you’ve had a long list. Did you get everything done on that list? The answer is almost always “NO”, and usually it’s “not even close”. So, what this means is when you organize yourself this way, you’re setting yourself up for failure on a daily basis. The reason is that you’ll usually never get to the more profitable, productive tasks because of your daily demands. Now, if it were the case that you could ONLY work on this list, and have no other responsibilities, obligations, or interruptions other than what’s on your list, then you could probably get through a longer list. But this is not the case for most people. Most people make a list of things that they need or want to get done that day, or the next day, but they are things IN ADDITION to the daily demands of their business. So, let’s talk about a much better time discipline process (notice I say “time discipline”, I don’t believe in “time management” because you can’t manage time. But you can discipline yourself regarding use of time).

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