“I wish it need not have happened in my time," said Frodo.
"So do I" said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.” - The Fellowship of the Ring, J.R.R. Tolkien
There is not much that we can do with what is already in front of us, but we can always decide what to do with the time we are given. To truly find a fulfilling life, we have to create a life design by following three critical actions: plan in three to five years chunk, plan for each task in fifteen minutes, and plan backwards from three to five years. Understand how this works in both your life and business, and learn the value of your time and become more productive as you learn the Paleto principle, taking to heart how 20% of your activities will contribute to 80% of your success and happiness.
You need to be motivated to do Life design for a fulfilling life. Also, it produces tons of additional benefits, like having a clear sense of direction. Remember one major priority that everything revolves around. More than that, eventually the clutter overwhelms you and you get pulled in a thousand different directions.
Every time you manage time for a fulfilling life, there are generally some critical actions that you need to take. You certainly need to plan in three or five year chunks, plan for each task in 15 minute chunks, and plan backwards from three to five years to the present.
These three actions don't merely help you out with good Life design, more importantly they bring forth other improvements in your life. Life design for a fulfilling life would be something that has made many feel better about themselves.
Those individuals who start planning in three or five year chunks would recognize significant adjustments in their mental well-being. Those people will feel better prepared to tackle other things in life. Preparing ahead of time allows you to be stronger than you were before.
This enables you to complete more than you could before, and not run out of energy as easily. More importantly it helps to build up mental and emotional “muscles” so that you are more resilient and capable when the situation calls for it.
“80/20 – Up Close & Personal”
The Pareto Principle is extremely important for growing any business. The 80/20 Principle has been tried and tested in lots of situations and it holds up under scrutiny. But it can have a down side as well as an upside. The Pareto Principle has been successfully applied to a variety of different areas and holds true in an astonishingly wide variety of fields
The Pareto Principle applies to you because 20% of your activities could contribute to 80% of your happiness. The Pareto Principle is perhaps most famous for its suggestion that successful people tend to achieve 80% of their results from only 20% of their activities. The 80-20 Rule is often used to improve productivity, in people and business, usually to identify how time can be saved or used more effectively. One will exert 80% effort and just achieve 20% results.
Small but Consistent Actions Over Time
Your time should be spent conducting business with your best clients. Efficiency should never be the end in itself, because when efficiency is made the goal, you are more often just making yourself busy rather than making yourself productive. Effective time managers will spend their time on the important objectives that help them attain their important goals. If you develop short, medium and long term goals, you can organize your time and tasks well.
Where you choose to work on your own productivity curve largely determines what you will accomplish in your work and your business. At the high end of the curve, the things you do have great value.
An Increasing Array of Marketing Messages
This principle is often referred to in business as you will get 80% of profits from just 20% of your clients. There are some business experts who would go as far as suggesting firing the 80% of unprofitable clients .By increasing sales to your best clients and businesses you can reduce the costs. By letting go of bad clients and focusing on selling and improving service to the best clients, your business will flourish.
Are you spending 80% of your productive time on activities that only produce 20% of your total results?
Are you spending 20% of your productive time on activities that produce 80% of your total results?
To help you discover which position you’re in, let’s do some research on your work habits and how you spend your productive time.
Note how much time you spend on activities over a three day period on:
1) Business-related profit-producing
2) Business-related non-profit producing
3) Personal activities
As you go through each day, jot down everything you do and how long you spend on each activity. Be as accurate as you can. After you complete the three days’ worth of activity tracking, go back and categorize your activities by business-related profit-producing, business-related non-profit producing, plus a category for personal activities. You can also include any categories you think are important and applicable to this exercise and your business. Make sure you make a note of the results you achieved from the time spent on each activity. Add up the time you spent on each category of activities over the three-day period. Add up the total time spent, than calculate the percentage of the total that was spent on each category.
Now take a good look at what this exercise shows you;
How did you spend your productive time? Was it on profitable activities or on non-profit producing activities?
What results were produced and what percentage of your productive time did it take to achieve these results?
Was the total time spent on personal activities more than the time you spent on business activities? Was the time spent on non-profitable business activities more than the time you spent on profitable business activities?
If you’re getting 20% of your results from 80% of your business activities, think about what needs to happen to turn the 80/20 rule in your favor. It’s all about knowing the value of your time and when your most productive time occurs. Then you can start leveraging your strengths to achieve your profitable activities before you spend time on anything else. Especially non-profitable activities.
The time management habit patterns from age 25 over the next forty years will result by age 65, in the following statistics;
• 1% are wealthy
• 4% are financially fit
• 5% are still working
• 28% are dead
• 62% are flat broke
So, let’s roll up our sleeves and figure out together what the value of your time needs to be to get you where you want to be. Fill up the work sheet that helps you figure out how you spend your time for three days. From that pattern you will realise the following:
1) Business Related/Profit Producing
2) Business Related/Not Profit Producing
You can only maximise your dollar value per hour by increasing 1)
Here's the reality check, you can have your best year ever. But if we want to get progress towards the things that really matter then we have to change our approach, we have to get clear about how our big goals translate into day to day actions. And today, we're going to take the first step with this specific set of simple actions.
So, whatever you like to accomplish in your career, your relationships, your health, or the impact you want to have in your community and the world, this tool would give you what you need to know. Exactly, what it takes to stay on track so that life doesn't pull you astray. That's why this podcast is focused on. It is designed to help us get intentional about how we spend time .
One lucky listener that posts a review on iTunes will win a private confidential consultation and coaching with me on discovering your soul’s purpose. I will lead you on a personal journey to discover your unique mind-body psychosomatic map of your life. You will get a detailed report and a personal 45 minute consultation with me that is worth thousands.
On this podcast I’m going to help you design a life that works. So you are able to say yes to the things that matter and eliminate everything else that slows you down. The more clear you can be about how to organize your daily life to support your bigger vision, the more you’ll step into your true potential, stay on track and accomplish all that you want and deserve. Are you ready to make that happen?
Feel free to reach out to me to ask your questions at AskDrSun.com. Your life is a gift. Design it. Do what matters and join me each week as we get closer to designing the life of your dreams. I am Dr Sun. Join me next week on Your Life by Design.