The Proven Entrepreneur

TPE 23 | Time Management

 

And what if you had another $86,400 deposit tomorrow? And the following day and for the rest of your life? How would you spend it wisely? This 86,400 is the number of seconds we all have every day. So live your life the best way you can by maximizing those 86,400 seconds every day!

For information on how to work with Don visit Work With Don Williams
You can also reach out to Don Williams at https://donwilliamsglobal.com
Please join Don and his businesses in support of St. Jude’s Children Research Hospital in its Mission to cure Childhood Cancers. You can donate to St. Jude at stjude.org/donate

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What If You Had $86,400 Secretly Deposited Into Your Bank Account Today?

A good friend of mine, Warren Ruston, tells a story about perspective on time. The story goes something like this. You wake up and had been deposited $86,400 in your bank account that you must spend that day. You cannot invest it. You must spend it. If you only spend $50,000, the balance of $36,400 evaporates. It does not roll over like cellular minutes.

Every day when you wake up, that's a gift. Click To Tweet

You wake up this morning and there’s $86,400 in your bank account that you must spend. What would you go spend it on? Most people have an answer to that. They’d be like, “I’d go buy a new BMW. I’d go buy an around the world vacation.” They have some idea of what they would spend that money on. Here’s where it gets tricky. The next morning, you wake up and you have another deposit overnight of $86,400 with the same rules on that money. You must spend it that day. Anything you do not spend does not roll forward. You cannot invest. It must be spent.

TPE 23 | Time Management
Time Management: Your day contains 86,400 seconds to spend. Spend those seconds wisely.

 

Day after day, you wake up with $86,400 in your bank account that you must spend that day. After a week or two weeks, it’s difficult for most people to figure out what they would spend that money on. The analogy is this. Every day when you wake up, that’s a gift. You’ll reasonably expect that you’ll see the entire day. You won’t expire that day. That day contains 86,400 seconds that you’re going to spend. The point is, spend those seconds wisely. Most people dramatically overestimate what they can get done in the short-term but horribly underestimate what they can get accomplished in the long-term. Use those seconds. Live intentionally toward your outcome. That’s all for this episode of the show.

 

For information on how to work with Don visit Work With Don Williams
You can also reach out to Don Williams at https://donwilliamsglobal.com
Please join Don and his businesses in support of St. Jude’s Children Research Hospital in its Mission to cure Childhood Cancers. You can donate to St. Jude at stjude.org/donate
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TPE 23 | Time Management