How to Create More Time
This changed my life.
It was a realization that automation is to your time exactly what compounding interest is to your money.
Automation is to your time what compounding interest is to your money.
Just like compounding interest takes money and it turns it into more money.
Automation takes time and it turns it into more time.
This is the power of automation.
And what is crazy is that there has never been another time in human history where there is more opportunity for readily accessible avenues to automate all different parts of our lives than right now.
We are living in a time of automation.
We all have this power to automate things like none of our ancestors ever did.
This is an absolute game-changer. Why?
Because anything you create a process for today saves you time tomorrow.
If I create a process for it today, then it’s going to cost me time today.
But then tomorrow the process is doing it instead of me.
That is huge.
It is monumental but we often don’t give ourselves the permission to do this.
We call this permission to invest.
Because the way that rich people think about money is the same way that multipliers think about time.
Here is what is fascinating.
This is so crazy and mind-boggling.
If I asked you if you are aware of systems technology, such as apps platforms, what would you say?
Are you aware of tools that exist in your industry that could help you automate certain parts of your business? Like marketing automation or CRM or online billing accounting software, or social media management?
Are you aware of tools that exist in your industry or that can be used for your industry to help you automate things?
I think most fairly intelligent entrepreneurs or leaders or business owners would say yes, that they are aware of it.
They are in the space.
But then if you ask this question of why haven’t you implemented it yet? You’re aware of it, but why haven’t you implemented it?
Here’s what they would say.
They will almost always say one of two things. They would say that either they don’t have the time or they don’t have the money.
And isn’t it ironic that the very two reasons or excuses that we would use to justify for why we haven’t invested in something are exactly the opposite of how it is when you make the significance calculation?
It is mind-blowing.
It’s the opposite.
We would use this as a reason for why we could not do it but it is the reason why we must do it.
There’s such a similar parallel here to money because money works the same way, right?
Most people who invest are not people who are so wealthy and they just have extra piles of cash lying around. We hear about some of those people, such as Elon Musk, Warren Buffet, etc.
Here’s what people who don’t invest think.
They think once I make enough money to where I have excess margin financial margin, then I will take that money and I will invest it.
That’s not how it works.
Almost nobody who invest, ever invested by getting to a point where they initially had excess financial margin.
The money to invest comes from not excess margin but from sacrificing something.
Such as instead of going on vacation, buying a nice house or TV, instead of getting new furniture, instead of upgrading the kitchen, instead of buying a hot tub, instead of spending that money on something else, they forego that thing in the short term.
And then that’s where the pocket of money comes from. That’s where the margin comes from that they then repurposed. They invest in it multiplies.
We can understand that concept with money; it’s pretty straightforward.
That is exactly how multipliers think about time.
None of us have the time to spend hours and hours setting up online bill pay or utilize the marketing automation tools and build funnels.
Nobody has the time to learn and do all that stuff.
And yet it’s the decision to do that today which will dictate the trajectory of your future.
It’s the classic example of you can’t afford to do it, but actually, you can’t afford not to do it.
How about you? What are you doing today to create more time for you? Let me know in the comments below.