Optimize Your Most Valuable Asset… Time

October 20, 2006 – 4:24 pm


Seeing as its Friday and I know that many of the “weekend warrior” entrepreneurs and business owners are just getting started on all the ideas they’ve had for the past five days. I thought I’d post some links to articles and exceptions to get you fueled up and ready to go for the weekend. Most entrepreneurs are entrepreneurs at night, on the weekends, after school but that doesn’t mean that our minds don’t creep around with thoughts during those other non-business activities.

I was reading through, Flush the Toilet, a Blog focused on entrepreneurs and mindset and found this quote…

…you will accomplish all the goals you’ve set forth for yourself, and there are plenty more in the horizon awaiting you, but coming from an ex-workaholic myself, make time for self personal growth — don’t bottle in your feelings for too long, it only leads to further frustration of self. And entrepreneurship is indeed a way of life, but it need not overtake your life, if you don’t want it to.

Source: Flush the Toilet

I know that many people in North America go nuts trying to keep up at times and I’ve thought from time to time that it’s pretty unhealthy. I mean, what are you trying to achieve in becoming an entrepreneur? If you are trying to become the richest guy on the block that may never happen or then again it may but that is an outcome of your efforts. Too many people take the fad diet approach and apply it to their businesses. They starve themselves to become healthier which actually makes them poorer, and then they work out like mad trying to catch up to the unattainable goal. After a while it feels like you need to hit the “reset” button on your life.

Developing a sense of play is allowing me to disconnect and come back to what I am doing much stronger and with better ideas (In my opinion). At some point anyone that has flirted with business and starting one has poured all their time into it and been sourly rewarded and the thing to realize is that if a business idea is good enough it can survive for you as you get ready for it, it can grow with you over years of time and it cannot be rushed.

How much energy do you waste or use towards foolish pursuits? Plenty probably and how do some entrepreneurs manage to raise strong businesses while others struggle? It’s like watching the kid who got straight A’s in class and never studies. The key is learning to manage and leverage certain tasks that take away from you running the business. That is how you grow a business and NOT a job. Most people cannot tell the difference… but I am sure that you can feel it. Does this sound familiar?

I remember Yaro Starak of Entrepreneur’s Journey and BetterEdit recommending a book a while ago and I haven’t had a chance to pick it up but I personally think that the type of thinking this book encourages is what most entrepreneur’s need and seldom find. It’s called “Living the 80/20 way” by Richard Koch. I think this is a book that I need to pick up personally. I don’t expect it to solve all my life’s problems but having some different tools and insights into managing sure couldn’t hurt.

Seeing a lot of people start out as bright and rush in pouring out massive amounts of work and time… they do what they do at work. It’s almost counter-intuitive to believe that having yourself slave away week after week is any different then what you do at work. There are different ways to do it. Remember that time is the most precious commodity that anyone has and yours is the most important to you.

Now… Recharge those batteries, read a book that inspires you and simply focused on the path ahead.

Lucas

Note: I am by no way saying that you should be lazy about what you are doing… just stop to really smell those roses for a bit and keep going on your path.

  1. 6 Responses to “Optimize Your Most Valuable Asset… Time”

  2. Excellent advice! I’ve always believed in playing hard and working hard…but all too many times I end of working more than playing — still working to find that balance.

    By David Askaripour on Oct 20, 2006

  3. Hi Luc,

    I like the idea of the “fad diet” approach to business - that’s a clever analogy and quite accurate.

    In your end-disclaimer you clarified that you didn’t suggest to anyone that they should be lazy…which I partially agree with, however, I think it’s okay to be lazy and in fact I consider myself reasonably lazy. I’m highly motivated to achieve goals but I also don’t like to work. Generally 2-4 hours per day are spent on productive tasks and I give myself plenty of time to be lazy, or at least perform lazy-esque activities.

    I understand where you are coming from of course - you don’t want to convince anyone they can achieve success by being lazy, which is true if you were lazy 100% of the time. The key is setting up a structure that permits you to be lazy a good chunk of the time if that is what you choose to do. There must always be a core productive period but it doesn’t have to be your whole day, as you said.

    Keep up the great blogging Luc!

    Yaro

    By Yaro on Oct 20, 2006

  4. Hey David,

    I think that its important to play as hard as you work and sometimes even harder. Afterall if you cannot enjoy yourself in your downtime then what good is all the money in the world? Balance is the key ;)

    Cheers

    Luc

    By lucas on Oct 20, 2006

  5. Hey Yaro,

    How are you finding Toronto… its been a bit of a cooler fall around here but its probably a welcome change for you. To me it seems that people have these distorted images of grandeur that don’t sync up anywhere in reality much like a diet its short term because you build it up too much in your mind and are disappointed when you cannot see results.

    I think that you’ve gotta be lazy at times… you cannot be go go go… i don’t know any successful entrepreneurs that are of the “go go go” mentality. The idea of less is more at times is key. I am learning to be lazier… i’ve been pretty go go go until recent and realized it isn’t getting me anywhere faster and i want to enjoy life more. I don’t know anyone that likes working :D but then again thats probably why i am developing a business much like yourself… to be a little lazier and enjoy life.

    I understand what you are saying… be focused on your goals but give yourself time to relax and achieve them is key… at least that has been working for you Yaro. “If you are working 8 hours a day… you are working to hard”, i think is a key statement out of the 80/20 way.

    Thanks Yaro… keep up your insightful articles as well… i must admit i read your site daily… no plug intented… its just great content with a good personal touch.

    Luc

    By lucas on Oct 20, 2006

  6. Unfortunately, I think my business is currently consuming my life. But it is brand new. It’s kinda like a newborn. It needs my constant attention. I hope, though, to eventually be able to put less time into it. …Hopefully.

    By Michael Anders on Oct 23, 2006

  7. Hello Michael,

    I understand where you are currently at with your business… I am moving into the “New Born” stage myself. If you are busy with promoting and business related items just remember to steal some time for yourself to refresh and step away (if you can) get a fresh perspective.

    I took a two week vacation this fall just to go and have fun and honestly its given me a new found energy with what i am doing. Naturally if you are busy now, that’s great but if thats the case you’ll want something that you can spend some time being a little lazy at and you’ll probably see your level and quality of work improve.

    Just curious, what business are you involved in? Talk soon Michael,

    Lucas

    By lucas on Oct 23, 2006

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