Last Updated on September 9, 2024
Entrepreneurship is the cornerstone of success, whether on the corporate ladder or in business. Achieving peak performance is a delicate balance between your environment, including your workplace and relationships, and your body chemistry, which affects nutrition, exercise, and sleep. We seek to create an ideal environment for meditation and creativity and optimize your body chemistry for increased energy and mental clarity. We will.
Additionally, we will address outside distractions and provide you with ways to regain control of your time and attention. But the real “magic bullet” in supercharged productivity is the promise of rearranging your life. We will help you set clear goals, establish daily routines, and develop the mindset of a high-performing individual. It’s time to turn your life around and achieve peak performance!
Central to High Performance Productivity is Effective Time Management
When managers hear the term “time management,” they either react fearfully or disregard it. In the latter case, they need the most intervention. The fear stems from the overwhelming feeling of being behind, as though they’re scrambling to catch up on a never-ending list of tasks. Those who dismiss it are typically the ones who need it the most, failing to realize that poor time management is likely costing them both efficiency and revenue. A study by McKinsey found that only 9% of executives are satisfied with their time management. This suggests that most professionals may not even know how much their unstructured schedules impact their productivity.
However, there are two metrics that you can easily change to get back on track—the way you spend your money and your time. The Harvard Business Review reports that managers who focus on high-value tasks and delegate low-priority work see a 25% boost in productivity. Managers can see immediate improvement by reallocating resources and using tools such as time-tracking software or virtual assistants to optimize daily workflows. Time is a finite resource, and using it wisely isn’t just an option—it’s essential for staying competitive in today’s work environment.
Do this exercise!
Here is an exercise you can do. Start by grabbing a piece of paper and a pen. It would help to answer these questions honestly, or this will not work. Now, jot down the amount of time you spend on the following tasks:
- emails
- work projects
- including your home projects
- your busy work
- the tasks you don’t enjoy doing
- the tasks you truly enjoy doing
- caring for your health
- spending time with your friends
- devoting time to your family
- spending time on personal development.
Measure time spent over a 7-day week
Measure the time spent on these tasks over seven days. That means you will allocate 185 hours weekly to all these different tasks. Sometimes, the hours spent on such tasks seem pretty normal because you have become so used to this disbursement of your time. However, it is also good to question how to spend your time more wisely.
Look at this example
If there are tasks you resent spending your valuable time on, you can easily outsource such chores to a virtual assistant. You first need to accept that such work need not be micromanaged. You can let go and offboard the work to someone else. If you are still not convinced that this is a great solution, merely tot up the hours you spend on self-development. In many cases, people at the top allocate too little time to this vital task.
It would help you upskill yourself to be more successful and work more efficiently and effectively. Here, you will note that prioritizing is critical. Many people are big on labeling their priorities yet fail to act on them – don’t fall into this trap. It would help if you made your priorities happen.
Time to focus on your spending!
We will take this exercise further and focus on your spending habits. You can use the same paper or turn it over. Now write down your expenditure for these items below:
- Your mortgage or rent, food
- Transportation, clothing
- Social events
- Your health
- Including both gym fees and supplements
- Any medication
- Personal development
- Things you don’t enjoy
- What you give away
- Your investments
- The amounts you save
- Down debt payment.
Things to consider
You may know most of what you spend monthly, but be vague about some items. Also, luxuries such as giving away money might be difficult if your debt is high or you struggle to pay off your home or student loans. Nevertheless, try to write everything down as accurately as possible.
High Performance Productivity: The Connection Between Money and Time
After completing this exercise, you should have noted that there is a relationship between time and money spent. Firstly, both are currencies. The only difference is that time is more valuable than money. It’s a luxury. You can make more money − look at Elon Musk and his accumulated wealth – but you can’t make more time.
The question now is how you can leverage your money to gain more time. To be more direct, ask yourself how to reorder your spending to align with your values.
In the end, it’s your life, and how you spend it is your choice
As mentioned in the beginning, you can take a magic pill if you want it. You have the option not to take it. That is your choice. However, if you want to be more productive, to be more, to do more, and, in the end, to earn more, you need to make specific tweaks to take your performance to the next level.
Look at the answers you have written down on the piece of paper. Now, ask yourself −are you happy with what you see? If you aren’t, you need to make changes. Relook your priorities, how you spend your time, and what makes you happy.
Ultimately, it’s your life, and that choice lies with you. This means you can control your happiness or unhappiness. If you want to live your best life, you also need to know how to improve and refocus your attention.