While my last post focused on my favorite of the three time-tested truths of business success: "Quality Counts", this week addresses the truth which I (and probably most people) struggle with the most:
3. Time is money.
Time is a valuable commodity. Time can be spent, wasted, borrowed, budgeted, saved, or invested. Ultimately, time is a limited resource that we must use wisely to accomplish our goals.
We all know it’s true. Yet most of us struggle with this concept on a routine basis. Of course, there are situations when spending more time (perhaps more than is necessary) on a particular activity or event pays rewards, such as attending your child’s school function or sporting event, visiting with a sick neighbor or loved one, or volunteering to assist those in need. But that’s not what I’m talking about here.
I’m talking about the time we spend on activities throughout the course of our business day. We tend to lose sight of the fact that time spent on any activity which cannot lead us to accomplishing our goals, is time wasted. We must learn to budget, save, or invest our time wisely so that we can realize a return on that investment.
Every day we are given exactly 86,400 seconds. We can do whatever we want with the time, but at the end of the day, whatever time we have not made the most of gets taken away from us and we never get it back. So…what are YOU going to do with your 86,400 seconds today?!
3. Time is money.
Time is a valuable commodity. Time can be spent, wasted, borrowed, budgeted, saved, or invested. Ultimately, time is a limited resource that we must use wisely to accomplish our goals.
We all know it’s true. Yet most of us struggle with this concept on a routine basis. Of course, there are situations when spending more time (perhaps more than is necessary) on a particular activity or event pays rewards, such as attending your child’s school function or sporting event, visiting with a sick neighbor or loved one, or volunteering to assist those in need. But that’s not what I’m talking about here.
I’m talking about the time we spend on activities throughout the course of our business day. We tend to lose sight of the fact that time spent on any activity which cannot lead us to accomplishing our goals, is time wasted. We must learn to budget, save, or invest our time wisely so that we can realize a return on that investment.
Every day we are given exactly 86,400 seconds. We can do whatever we want with the time, but at the end of the day, whatever time we have not made the most of gets taken away from us and we never get it back. So…what are YOU going to do with your 86,400 seconds today?!