Those who know me, know that I always look for ways to optimize everything! I want to find the most effective and efficient way to get things done while saving time and making money. From automating tasks and eliminating unnecessary activities to outsourcing work that I don’t need to be doing.
This was kicked up to a whole new level when Timothy Ferriss published The 4 Hour Workweek in 2007. I found his way of thinking outside the box to be quite inspiring. The timing of his book was also impeccable as it coincided with the massive economic downturn and recession, creating urgency for businesses to become more cost effective.
My First VA Experience
In 2008, I took over as the business leader of a large engineering company in Calgary. We were in the depth of the “great recession” and the business had been losing a lot of money. In fact, they had just laid off over a third of their staff – the first lay-offs in their 35 year history!
The book review for this week is The 10% Entrepreneur by Patrick McGinnis
This is a great book outlining the many different ways anyone can get involved in an entrepreneurial venture. It does not take full time, high risk oriented people to build an entrepreneurial investment portfolio. You can do this in your spare time by offering expertise, contacts, capital, etc. with out having to quit your full time, “anchor” job.
“Guard well your spare moments. They are like uncut diamonds. Discard them and their value will never be known. Improve them and they will become the brightest gems in a useful life.”— Ralph Waldo Emerson
How many minutes do we waste each day doing frivolous or time wasting activities. Facebook, Twitter, SnapChat, Instagram, video games, television, email, instant messaging . . . unfocused use of all these things can be a huge waste of time! Time is the only resource that we get to use that we cannot buy more of and is truly unrenewable. Once time has passed, it is gone forever!
As a business leader, I have found that it is way too easy to get distracted by frivolous issues as well as the many business related concerns that come up during the day. Whether it is an impromptu meeting, an extended meeting, a critical email or instant messages, “emergency” phone calls, document signings or last minute sales calls, there is always something that can take my eye off the ball.
“Automation is to your time what compounding interest is to your money.” Rory Vaden
How would you like to significantly increase the time that you have available in any given day?
I think most of us would jump at an offer like this. Think of all the things that you wish you could fit into your day but you just don’t seem to have enough hours to get them done. Whether it is work related, family events, time at the gym or personal down time, there are always things that get sacrificed because there are just not enough hours in a day.
This has always been an issue for me. According to the StrengthsFinder profile system, one of my top talents is Achiever. If I am not taking on and solving issues everyday, I tend to get frustrated and demotivated. It just kills me when activities that I consider to be low value consume my time so that I cannot “achieve” my goals for the day, week or month.