How to Make Money by Focusing on Your High Payoff Activities?
- How to Make Money by Focusing on Your High Payoff Activities? Anne Bachrach 2:53
How much time do you think you waste each day? Do you get sucked into doing emails, surfing the internet, watching cool YouTube videos, or reading jokes someone sent you, getting interrupted by staff, clients, or friends, associates, etc.? Think about this for a minute – how much time do you think you waste each day? Remember it all adds up. Five minutes here, 10 minutes, there 30 minutes on something fun yet not productive.
When I asked people how much time do they think they waste in a day, many of them said approx. 2 hours per day. So, we will use this as our example. You can easily do the math for yourself depending on the number you came up with for how much time you think you waste each day.
Here’s an example of those who said they ‘waste’ 2 hours per day.
2 hours per day
= 10 hours per week
= 1 week per month
= 12 weeks per year
Divide by 4 and you get a whopping 3 months per year that is spent in non-productive activities.
Now, let’s not dwell on the non-productive time that we waste. Let’s see what that time is worth to us in revenue per year if we utilize that 2 hours per day on high pay-off activities.
What do you make per month on an average? $5,000, $7,000, $10,000, $15,000 or more
Multiply that number by 3 (number of months wasted if you said 2 hours per day) and that is how much more money you could make a year if you just focused your time more on high pay-off activities.
So, if you said you make $5,000 per month and multiply that by 3, that will equal $15,000 more per year you would earn.
$7,000 per month x 3 = $21,000
$10,000 per month x 3 = $30,000
$15,000 per month x 3 = $45,000
Even if you start by being more effective and not letting time wasters and distractions get in your way for 30 minutes per day, you will make even more money and have the option to take more time to do what you want to do. How can you apply this concept in your business and life, so you can achieve all of your goals in the time frame you desire, or on an accelerated rate?
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I’m the author of many books, including, Excuses Don’t Count; Results Rule, Live Life with No Regrets, No Excuses, The Guide to Stopping Procrastination, The Power of Visualization, My Gratitude Journal, the Work Life Balance Emergency Kit, and The Roadmap To Success with Stephen Covey and Ken Blanchard, and more.
Aim for what you want each and every day!
Anne Bachrach
The Accountability Coach™
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