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The Playbook With David Meltzer

Time Management | Road to Revenue #55

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.91.9K Ratings

🗓️ 12 April 2021

⏱️ 62 minutes

🧾️ Download transcript

Summary

The Five Keys of Time Management 1. Create a Habit Machine: Lower the Bar A stable routine is always helpful, which is why having a habit machine is essential for those who are trying to maximize the efficiency with their time. Your habit machine, which is simply a system to help you build positive habits, will help you to begin adding more value to your daily routine. The first step is a little counterintuitive to some: lower the bar. Tell yourself, "I'm going to do this a minimum of one minute today, two minutes a day tomorrow." Set the bar low, but continually raise it to build momentum, which grows and accelerate when you are consistent and persistent. 2. Save 4 Minutes a Day One of the practices that I've instituted into my habit machine is every day I set a goal or an objective to figure out how I can save four minutes a day. Four minutes a day is a magical number for me because I know it represents three full days of productivity each year. Most people are productive for 8 hours or less every day. If you can save 4 minutes every day that is 24 hours of time, which is 3 full days of productivity. I know any positive habit that I can create or any system or process that I can implement that saves me just four minutes a day has a compounding effect on my results. 3. Be a Student of Your Calendar One of the biggest changes in productivity came for me when I started studying my calendar. This isn’t taking a look at what you have on your schedule, there are three areas to focus on: Study the things you have planned for the day. For the tasks that you regularly plan, look to create efficiencies with your habit machine. For example, I have a 5/20 Rule where I try to schedule five-minute phone calls and keep my in-person meetings to twenty minutes, creating situations where the people that I interact with are ready for our interaction and focused. With a predominance of virtual meetings today, instituting something as minorly different as a 4/19 Rule could allow for more production, creating an extremely effective way to save 4 minutes a day, which results in an extra 3 days of productivity during the year. 4. Master Prioritization As you're studying your calendar, you it helps to understand what I call the “Do It Now” rule. There's an old saying, “Ask a busy person to do something for you and you'll be much more likely to get it done.” It goes beyond that, though. You have to evaluate your tasks by urgency and importance in order to determine priority. You do this by analyzing the actuality of the situation or event considering your own personal values, not the urgency perceived by others. 5. Eliminate Distractions What you focus on, or what you pay attention to and give intention to, will create coincidences in your life, whether you want them or not. One example is I was once given the opportunity to drive around at a real track, in a real race car, with a real professional driver. They had cones set up for us to maneuver around and I kept hitting the cones. My driving instructor told me to stop looking at the cones, to which I replied, "Well, I don't want to hit the cones." He told me to look at the road in front of me, focus on where I wanted to go and not where I didn’t want to go. After that, I didn’t hit a single cone. If you're focused on the distractions you face, you're going to put attention and intention on it, eventually receiving the coincidence of the distraction. Pay attention to what you want for yourself and your business, as well as the tasks you need to accomplish in order to get those results. Stay focused and realize that you will hit the cones if all you're looking at is the cones. Tweet me @davidmeltzer your favorite takeaway from today's episode and come ask me questions live every Friday at 11:00 am PST / 2:00 pm EST. Text me at (949) 298-2905 or email me at david@dmeltzer.com to join! Click here to follow the Road to Revenue playlist on Spotify

Transcript

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0:00.0

Hey, everyone. I've got another episode of the Road to Revenue series.

0:03.8

And today's episode is about time management.

0:07.2

We're going to show you the power of 64.

0:09.8

How can you get eight days of productivity in one day?

0:13.6

Tweet me at David Meltzer your favorite takeaway from today's episode

0:17.0

and check the show notes to see how you can contact me at any time.

0:21.2

This is Entrepreneurs the Playbook.

0:23.4

Hey, good afternoon, everyone.

0:26.8

Welcome and good morning in California.

0:29.2

And around the world, good morning, good afternoon.

0:31.8

Welcome to the time management training.

0:34.5

One of my favorite trainings that we have.

0:37.6

It's an extraordinary training for all of us because

0:42.0

time is critical to what we do and what we say.

0:46.0

And so let's get started.

0:49.0

Utilizing time is to understand that it is the only limitation that we have.

0:54.9

And it's a man-made construct.

0:57.3

And so we want to utilize our time according to our values.

1:01.2

We want to utilize our time and then time.

1:03.8

And the first thing that I like to talk about with time

1:06.4

is to understand that time is dependent on the speed of light.

1:10.5

And so if we want to be more productive, accessible, and gracious with our time,

...

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