This is a YouTube video titled "How to Become The Master of Your Own Time" containing a motivational talk or personal development presentation from November 23, 2021. The speaker discusses strategies for managing time effectively, including conducting quarterly time studies to identify and delegate administrative tasks in order to increase productivity and hourly value.
Say you want to make. Let's back it down. This was my first number. When I was early in my real estate journey, I decided I wanted to make 500,000 and work a 40 hour workweek, which is 2000 hours a year. 500,000 divided by 2000 was $250 per hour. Then I was willing to be really intentional about where I spent my time. And so now on a quarterly basis, I do not every quarter. But if you've never done it, I really encourage you to do it every quarter. I do a time study where I'm literally writing down every 15 minutes what I'm focusing on and what I'm doing. And then I'm bucketing those on a daily basis. How much of it is business administration? Business administrative or, or personal administrative. And how much of that can I delegate so that I can elevate my dollar per hour? That facing of the facts and being willing to do that, most of you will hear this and you won't reach out to me. That is the challenge, but also the reality. Like most of you don't really want to know the truth about where you're spending your time. But that's the thing, that unwillingness to actually face the reality, face the facts about where you're spending your time, that's the one thing that unlocks everything. Because then you do this once a quarter where you do a time study leading up to the end of a quarter, you have the whole next quarter to delegate some of those admin tasks off your plate.