#TL03F: How to Manage Your Time

How to Do Things Right
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Introduction
This may the most important report I've written during all the time I've had available to me. What can be more important that what you do with your time ... how you utilize your time. Isn't time your most precious commodity?

What You Need to Understand About Time
Humans have developed a time-measurement system:
60 seconds = 1 minute
60 minutes = 1 hour
24 hours = 1 day
7 days = 1 weeky
30 days (approx) = 1 month
12 months = 1 year
52 weeks (approx) = 1 year
365 days (approx) = 1 year
10 years = 1 decade
100 years = 1 century

According to this system, you have 24 hours a day available to you. No more, no less. It's fixed. It's not under your control. What is under your control is how you utilize time.

The more you can focus and concentrate, the better you can utilize your time -- see Focus and Concentration.

Some people, more or less habitually and unconsciously, do one thing after another, without consciously and deliberately deciding what to do at any given point in time. The more you improve your ability to make great decisions, the better you can utilize your time -- see #TL03G: How to Make Great Decisions.

The more and/or better you:
1. Identify and overcome your disadvantages;
2. Turn them into advantages;
3. Develop your advantages;
4. Utilize your advantages...
the better you can utilize your time -- see #TL04C: The Ultimate Success Secret.

The more you upgrade your attitudes, the better you can utilize your time -- see #TL03I: Winner & Loser Attitudes.

There may be all kinds of things you're denying -- including "bad attitudes" -- that prevent you from better utilizing your time -- see #TL03E: The Many Forms of Denial.

Some people claim that imagination is our most valuable commodity. The more you upgrade your imagination, the better you can utilize your time -- see How to Upgrade Your Imagination.

Time has value. ("Time is money!") I've seen claims that time is our most valauable commodity. The things you do during any given period of time produce payoffs. Payoffs can be positive, neutral, or negative. (The notion of "neutral payoff" is questionable. If you spend time on something that yields a zero payoff, you have suffered an "opporunity cost" -- the positive payoff you could have produced, but didn't. It's lost forever and can't be recovered.)

The best ways to utilize your time is to do things that yield the highest positive payoffs per unit of time. The worst ways to utilize (or abuse) your time is to do things that yield the most extreme negative payoffs per unit of time.

You can utilize time in ways that produce positive short-term payoffs (often transitory pleasure), but cause negative long-term payoffs (sometimes deadly). For example, you can spend time having unprotected sex, afflicting you with a sexually-transmitted disease that eventually shortens your life.

You can "invest time" in the sense that you utilize time in ways that produce negative short-term payoffs (e.g., discomfort, fatigue, hunger, etc.), but cause positive long-term payoffs (e.g., better health, more energy, longer life, etc.).

You can "invest time" by analysing how effectively you've utilized time in the past and developing ways to utilize your time more effectively in future.

You can "invest time" by improving knowledge and skills, developing new skills, etc. that enable you to utilize your time more effectively in future.

You can "invest time" by learning from how you utilized time in the past, examining what you did and the resulting payoffs, so you can utilize your time more effectively in future. See also #TL03C: How to Wake Up Your Desire to Learn, Grow & Succeed.

You can learn from every "failure of maximum time-usage" (utilizing time without achieving maximum payoff) how to utilize your time more effectively in future. This is a way of "extracting a positive future payoff from a negative past payoff." Note that this applies to both your "failures" and those of others. In general, it's even better to learn from the failures of others than your own. Obviously, you can also learn from successes (yours and others').

If you assume that your death (maybe at some age, ranging from 80 to 120 years) is inevitable, then you have a limited quantity of future time available to achieve your goals.

On the other hand, suppose that life-extension technologies can be developed. Take the example of a 50-year old man with a life-expectancy of another 30 years. Suppose that during the next 10 years, life-extension technologies are developed that increase life-expectancy by 5 years and our "example man" takes advantage of them. At age 60, he will have a life expectancy of a further 25 years. Suppose that during the 10 years that follow, life-extension technologies are developed that increase life-expectancy by an additional 7 years and our "example man" takes advantage of them. At age 70, he will have a life expectancy of a further 22 years. Suppose that during the 10 years that follow after that, life-extension technologies are developed that increase life-expectancy by an additional 10 years and our "example man" takes advantage of them. At age 80, he will have a life expectancy of a further 22 years. Suppose that during the 10 years that follow after that, life-extension technologies are developed that increase life-expectancy by an additional 15 years and our "example man" takes advantage of them. At age 90, he will have a life expectancy of a further 27 years.

In the above scenario, the development of life-extension technologies accelerates to a kind of "break-even point" or threshold where during a period of 10 years, life-expectancy is increased by 10 years. Then the development of life-extension technologies accelerates beyond that point and as we get older, our life-expectancy gets longer! If this actually happens, we'll gain a great deal of time!

This also suggests an important question: How do I utilize my time such that it results in accelerating the magnitude of positive payoffs from my future time-usige? Or: What can I do now, so that tomorrow I'll be able to produce more than today? How can I bring about such a trend that keeps accelerating, so that eventually the magnitude of my positive payoffs per unit of time are 10, 100, or even 1,000 times more than they are now?

Furthermore, How can I utilize my time such that a time will come when I benefit from huge positive payoffs... WITHOUT SPENDING ANY TIME AT ALL?

Some Basics of Time Management
I recommend the books 'Making Time Work For You' by Harold L. Taylor and '101 Ways to Make Every Second Count: Time management tips and techniques for more success with less stress' by Robert W. Bly. I find Chapter 3 of the latter, "The 10% Solution for Increased Personal Efficiency," particularly powerful.

For some people it's very important to maintain activity logs of how they actually spend their time, so they can become more aware of just how much time they spend on various activities. See Gary Halbert's newsletter "The Only Thing That Makes Any Positive Difference In Your Life!"

To find more details on time management, do a Google search for "time management."

* "I don't have time for that." It's more accurate to say, "It's more important to me to spemd my time on other things."

* "I don't have time for that now." It's more accurate to say, "Right now it's more important to me to spemd my time on other things."

* "I don't have enough time." How can you "have time?" Is time something you can "have?" You always exist in the present (even if your mind wanders). The past is gone forever. The future hasn't yet arrived. It might be accurate to say, "I have scheduled more things to do during the next hour/day/week/etc. than I think I can complete." You can't "have" any more or less time available to you than 24 hours a day (unless you can slow down or speed up the passage of time!).

* "I'll do it when I have time." More accurate: "I'll do it after I've completed certain more important tasks on my schedule."

* "My bad past experiences are causing me problems in the present." It's more accurate to say, "I had some bad experiences. I created bad interpretations/identities/programs based on these experiences and now I'm running these bad programs. I'm free to change the interpretations/identities/programs at any time and run different programs I choose consciously." See "Identities & Unwanted Conditions" in #TL03D: Scarcity to Abundance; Poverty to Prosperity; Limited to Unlimited Thinking and "Our Legacy of Bad Programs."

Chapter 5 of '17 Lies that are Holding You Back & the Truth that will Set You Free' by Steve Chandler is titled "I'd Love to Do that, But I don't Have the Time."

The Relationship between Time and Money
You spend much of your time working to earn enough money to live on. Then you can spend any "extra money" you have to fill the remainder of your "free time" with activities that are more or less beneficial and/or harmful to you.

You can also utilize some of your time to earn much more money than you need to live on ... up to a point where you make your money work for you to the extent that you need to spend little or no time to earn enough money to live on.

Money can provide you with more options to utilize more of your time in ways you like most.

#TL03F: HOW TO MANAGE YOUR TIME