Time Management is Life Management, You Cannot Control Time!

      Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money!

Time Management is Life Management, You Cannot Control Time!

Time management is a misunderstood phrase, as we cannot control or manage time, we can only manage ourselves.

Time is money, as the old saying goes. But Jim Rohn said, “Time is more precious than money, as you can always earn more money, but can never get back lost time”. Time can’t be saved or banked, it must be used or it’s gone forever. 

Time is ticking away relentlessly and seems to speed up as we grow older. There is a biological reason for the way we perceive time as we age, but a more obvious answer could be that a year to a five year old is equivalent to 20% of their life, to a 20 year old it is just 5% and so on.

Regardless of our perception, we all have the same amount of time each day, 24 hours or 1440 minutes a day, 365 days a year, but not everyone produces or gets the same amount done in a day or a year.

Do you get as much done as billionaire Mark Zuckerberg or Richard Branson in a day or a year? I doubt many of us do! How does Branson do it, apparently relaxing and having fun on his island and running an international multi-billion dollar empire of several different business employing thousands of people?

There are a number of time management tools you can use, such as planers and lists, but much of your success comes down to prioritising and doing the right tasks at the right time. Pareto’s 80/20 law states that we achieve 80 percent of our results from 20 percent of our effort. In other words, concentrate on the tasks that get results and cut back on those that don’t. 

For business owners, this may mean finding out who are your top twenty percent of clients are or where the largest proportion of the profits come from and spending more time on that than the less profitable areas.

You might be working extremely hard and putting in long hours and feel that you cannot possibly do anymore, and you may be right, especially if you are doing it all by yourself. So if we are already working flat out and doing as much as we can in a day, how can we get more done in the same amount of time or less? The answer is the same as it was thousands of years ago when men wanted to lift a huge rock or build Pyramids: they used leverage, tools, teams, delegation and outsourcing. 

Nowadays, we don’t need to be a Pharaoh or a billionaire to ‘leverage’ our time to increase our productivity. We have more tools at our disposal than ever before and if you’re not using them, your competitor (who could be in the same building or in Asia) probably is. 

You can now outsource thousands of tasks - admin, creative or technical - easily and cheaply by using sites like Upwork.com and Fiverr.com, which are especially useful for small or solo business owners.

Most people have or could access a smart phone these days, which has multiple management tools at your fingertips from electronic diaries, database and thousands of inexpensive apps. You can literally run a business from your phone. However, if you still want to stick to your old Nokia 6310 or whatever phone you refuse to change, then you’re effectively driving a Model T Ford when you could be at the wheel of a Tesla. 

Maybe you still use that set of encyclopaedias and look up numbers in the Yellow Pages! Seriously, we must embrace change or we will be left behind like those once mighty businesses – Tower Records, Blockbuster - which have disappeared from our streets. 

Nokia used to dominate the mobile phone market until Steve Jobs turned the phone on its head. Newspapers and TV stations are struggling to compete with advertising rivals like Google and Facebook, old style taxis are fighting against the tide of Uber and hotels do their best to stop the spread of AIRBNB. 

Innovators and disrupters like Apple’s Steve Jobs and Tesla’s Elon Musk use massive time and life leverage to change the world. You can do the same for your world.

I will taking more about how you can leverage your time to earn more money and create more wealth in the next episode, so keep reading this blog and tuning in to my Money Tips Daily podcast. 

Check out my episode "Time Management is Life Management " on Anchor! https://anchor.fm/charles-kelly/episodes/Time-Management-is-Life-Management-e147t2

See also: 

Financial Education is Your Key to Wealth and Success

NEVER Borrow Money on Expensive Credit Cards to Buy Depreciating Consumer Goods

How to Make Money Online Without a Website or Inventing Your Own Product

2 Tips to Save and Make You Money

Model the Rich and Successful

Millions of jobs will be lost as Uber driverless cars and the digital revolution changes everything

Uber driverless car 

Think your job is safe? Think again. Read this...

U.S. tech giant Uber are rolling out plans to allow users to hail self-driving cars, not in the distant science fiction-based future, but within weeks, the company has confirmed.

The firm provides millions of taxi rides around the world through self-employed drivers running their own cars.

The launch will take place in Pittsburgh, where it is teaming up with Volvo. Volvo has already been testing self-driving versions of the same vehicle in Sweden as part of its "Drive Me" project, said Alan Stevens at the UK's Transport Research Laboratory (TRL) and the Institution of Engineering and Technology (IET). The firm has also trialled the vehicle in Australia and plans to do so in London next year.

This is a clever publicity stunt for Uber, as the vehicles will actually be supervised by a human driver, who can take control if necessary, however, it is clear where this is going. Uber eventually hopes to replace its one million drivers, Bloomberg said.

Uber are also in the news this week after launching a legal Challenger in London against new rules to impose English tests on drivers.

Uber's founder Travis Kalanick has been outlining a world dominating vision of a self-driving fleet for some years and has raised £10 billion dollars to make it happen.

A spokeswoman for the firm told the BBC: "Starting later this month, Uber will allow customers in downtown Pittsburgh to summon self-driving cars from their phones, crossing an important milestone that no automotive or technology company has yet achieved.

"In Pittsburgh, customers will request cars the normal way, via Uber's app, and will be paired with a driverless car at random. Trips will be free for the time being, rather than the standard local rate of $1.30 [£0.98] per mile."

Over three million people are employed in the transport industry in the U.S. alone. It will be long before most of our goods will be delivered by driverless cars and trucks. Amazon has already started using drones to delivering parcels in America.

Early results from tests show that robot-driven cars are safer than the average human driver – and they don’t drink or get into road rage!

On a more serious point, we are all going to have to adapt to more and more of our jobs being done by computers, robots and  machines. This is happening now across many industries and will remove humans from tens of millions of jobs in the next few years.

How to survive the digital revolution

The digital revolution is already upon us, so get ready! However, I am convinced that you can work from home and make money online provided you have the right internet training and support and real products of value to market. You need training. If you try tinker at it on your own you will reduce your chances of making enough money to quit your job and living the life you really want. Nearly all businesses use the internet these days, so it's not some obscure idea. The latest internet boom is only just starting, according to the experts, and we can all ride the next wave.

Fortunately, the internet has opened up a new world of learning, working, socialising and doing business. Millions of people already work from home earning a living by using platforms such as Amazon, Ebay, Upwork and of course Uber. We no longer need to go back to school or university to learn new skills. We can work from home, start a business or find a new life partner all from the comfort of our home.

At the click of a mouse, you can now find everything from a short instructional video to a full degree course online. If you would like more information on a free course on how to survive and thrive in the digital economy and discover the truth about how to make money online, click here.