Ever have a goal and have your habits get in the way of accomplishing your goal?
- Diet
- Exercise
- Alcohol
- Smoking
- Pornography
- Gambling
- Sports
- Listening
- Procrastination
- Selfishness
- Job
I’ll let you decide if the above very incomplete list is good or bad. The point of these comments has to do with how we use time.
Time is a “Limited Resource” and is actually worth more than money. Given enough time we can replace money (especially by compounding or saving) and we can’t replace time with money.
Habits (good or bad) take up our time, effort, and even our money. Peter Drucker said, “The best way to predict the future is to create it.”
Why did I list a JOB as a habit? Because for many people it is a poor way to spend time and there are better alternatives like LEVERAGING TIME. Don’t quit your job “before” you learn how to leverage time.
This is the difference between people who become wealthy and people who are average. Rich people learn how to leverage time. In a job, we may make $50,000 per year for (50) years or $2,500,000. In other words, you have traded your “Life Time” for $2,500,000. Is that your worth? No, there are other things besides money.
People who learn how to leverage their time (through people, assets, talents, etc.) may make $1,000,000 per year for (50) years or $50,000,000 during a life time.
“Sow a thought, reap an action; Sow an action, reap a habit; Sow a habit, reap a character; Sow a character, reap a destiny.”
- Samuel Smiles
So, how are you spending your time?
