Until you value your time more than you value your money, you will never be truly wealthy.
Most people are protective of their money and they recognize its value, but they don’t think of their time in the same way. The reality is, you can lose all your money and get it back again, but you’ll never be able to get back your time.
In this video, filmed at the Platinum Mastermind in Curacao, MaryEllen Tribby talks about valuing time more than money and how to avoid wasting your precious time.
INTERNAL AND EXTERNAL VALUES
The three deadliest words in business are, “got a minute?”
We’ve all experienced when someone asks for a minute and ends up taking up 30 minutes. But who is really to blame? How do you expect your employees, colleagues and partners to respect your time if you don’t respect your own time?
It’s up to you to set boundaries and be fiercely protective of your time.
Most people value external results: money, possessions and fame. Instead, start valuing the internal habits and attitudes that produce the external results: time, experiences and relationships.
MaryEllen Tribby prefers to spend money on her kids by buying them experiences and opportunities rather than buying them toys. She turns down speaking gigs because she values her relationships with her family above fame.
Start valuing time over money, live out this value in your actions and make it known to your team.
DON’T WASTE A MINUTE
Imagine that your life is represented by a sand timer. The sand in the top of the glass is your future, and the sand in the bottom of the glass is your past.
Except that the top of the glass is covered. Although you know how much sand is in the bottom, you don’t know how much is in the top. You might think you have a lot left, but you really have a little, or vice versa.
Plus, the sand is always moving. It never stops.
Whenever anyone asks you, “got a minute?” remember that it’s a minute you’ll never get back. If you earn $50,000 a year, a minute is 42c. If you earn $250,000 a year, a minute is $2.80.
And of course, “a minute” is never just a minute. If someone meets you for coffee, how long do you realistically think that meeting will last? That is time you’ll never get back.
People who become wealthy make up their minds quickly and they don’t waste a single minute.
The MOBE Titanium Mastermind goes into more depth on this topic. Members learn how to manage their time and scale their businesses through successive revenue ceilings. To learn more about the Titanium Mastermind, click HERE.