By controlling the value of your time, you are the one setting the price tag
The value of your time is something most people don’t see as a non-fixed variable. How much is really an hour? The question sounds weird, but the reality is that an hour can be used in many different ways.
An hour is and will always be 60 minutes. But how come that some people can achieve a lot during these 60 minutes while others make almost nothing. Instead, the latter group of individuals quickly brings up explanations or excuses, like:
“I didn’t have time.”
“The time was not enough.”
“The time blew away.”
Time is the only variable that is 100% democratic. It’s the same number of hours per day for any individual on earth, no matter social group, gender, age, or whatever you would like to add.
The question will then be, what is the formula people are using to get much more out of an hour, or if you like adding more value to your time?
View an hour as a certain quantity of fuel and the time as the vehicle. Different persons will be able to reach different distances with the same vehicle, depending on how they drive the car and optimize fuel consumption.
The same thing happens with your time. An hour can be extremely efficient or the contrary, depending on how you optimize the hour you have at your disposal.
Formula to Increase the Value of Your Time
The fundamental key to efficient usage of time is Planning. Every professional individual has a plan of performing to get a maximum result out of the time. They stick to their plan, and any adjustment during the “journey” is in line with the overall goal.
Of course, there are many hurdles or obstacles along the road, and with a plan in place, you will know the correct destiny if you are getting problems. Procrastination is probably the most common obstacle and can cause you significant problems if you don’t know how to handle it.
If you find yourself in a procrastination mode, an hour can blow away as it was 5 minutes. So watch out for the procrastination ghost.
If you are in the online business, for sure, you are aware of all the mentioned obstacles and problems. You might have a plan for the day. Suddenly pop-up windows appear everywhere. You have new emails, “urgent” messages from other sources, Twitter, Instagram, Facebook, well, you name it.
The correct approach is not to fall into any temptation, but sticking to what your plan states. Allocate time during the day for the rest of the media you are dealing with. When I have something critical to do with a tight deadline, I turn off all other media, even my cellphone, to fully concentrate on my priority tasks.
The Pareto principle
Over 100 years ago, the Italian economist Vilfredo Pareto, the founder of what later became the famous “Pareto principle” better known as the 80/20 rule, observed that 80% of Italy’s income was received by 20% of the Italian population.
The curious thing is that the 80/20 rule is valid for everything in life.
If you are in business and need to improve your sales, you need to define what is driving sales in your particular niche. Focus 80% of your time on that specific topic, and results will come.
When your business reaches the targeted “cruise level,” you will notice something sweet and curious. Can you guess what it is?
Right! 80% of your sales or revenue will come from 20% of your time spent.
Suddenly, an hour starts to be 60 real productive minutes.
The 80/20 rule probably is the first leverage formula that appeared in modern time. It’s all about leverage, getting more out of doing less. If we transform it into an hour or 60 minutes, the 80/20 rule means that you can get done in 15 minutes what you earlier needed an hour to do.
Let the value of Your Time be a Decision That You Take
The beauty of the online industry is that there is much more you can do. If you are new to the Internet and online marketing, it’s highly recommended to start with an affiliate program. You don’t need to worry about the product, the sales process, the collection, or the indispensable automation platforms to scale up your business.
There are so many other things to think about to make an income online. If you can leverage this part from the very beginning, you will get a flying start in your Internet business.
With the Six Figure Mentors program and platform, you’ll get all this literally served on a silver platter. Everything within the program has an “80/20-rule” flavor, and the value of your time will increase automatically as you go along. It will be of good use when creating your own business online.
It’s all about doing an hour of work in 15 minutes, or if you so prefer, an hour of work corresponds to 4 hours of “old traditional” job.
Conclusions to Increase the Value of Your Time
Highly efficient people always have a plan in place. The project can undergo changes along the time, but a solid and detailed plan will always be the base for everything.
Avoid procrastination. Allocate time for social media, emails, etc. Don’t let all news popping up on your screen drive your day.
The 80/20, or Pareto rule, is something that influences everything you do. Be the one doing 20 of the needed work to get 80% of the results, and not the other way around.
Doing business on the Internet is booming right now. The coronavirus pandemic is forcing people to look for new opportunities. The good thing is that everybody can do it with a reduced amount of money to invest.
Besides the investment hurdle (or what earlier was a money obstacle), you can jump on a ready-made platform where you can take advantage of systems, training, coaching, and support that already exist. It’s a multimillions platform allowing you to start making business already this week.
Click here and find out how you can increase the value of your time by making the correct move.
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Jan O. Nilsson –How to Increase the Value of Your Time by Improving Efficiency <==Go to the top of page