“There’s just not enough time!” is a phrase I hear all too often.
But, if there’s one thing that is equal among all of us, it’s that there are 24 hours in a day for EVERYONE.
So, why does it seem like some people are able to accomplish 10X’s more? Are they smarter, or faster than you are? It’s possible but unlikely.
People that are able to accomplish the seemingly impossible are typically masters of time. They know how to leverage their time to get the most “bang for their buck” and this translates directly into tangible results and a list of accomplishments that anyone would envy.
Today I’d like to share with you one specific trick from the masters of time that I use constantly. It’s called:
aka. NO EXTRA TIME TIME
NET Time is a fancy and fun way to describe adding in an additional activity into an existing chunk of time simultaneously… hence, “no extra time” required!
Yes, I know you can walk and chew bubble gum at the same time, but that’s only scratching the surface. 🙂
Here are some real life examples of NET Time that I have, and continue to employ. I suspect you may just be doing some of these yourself already… but, I guess I shouldn’t really be surprised (most of you are already overachievers).
Before I get started, it’s important to know WHY you’re doing something. Determine your OUTCOME first and then figure out if your action is going to move you closer to that specific outcome. Since my title is How to get RICH using NET Time, we’ll focus on those activities which feed financial well-being.
The average commute for Americans is 24 minutes to work (one way). Multiply this by two and you’re spending 48 minutes of your day in your car! If you work just 5 days per week, that’s 4 hours per week lost to your daily commute. It’s time to claim this back.
Now that I’m retired, I no longer have a daily commute. But, I still find myself traveling to places all the time. Whenever I’m able to, I do my best to feed my brain with great ideas. In fact, I’ve been doing this for the past two decades and I can easily attribute a ton of my knowledge gain while sitting in my car. What did I listen to? Here’s a quick sample…
- Tony Robbins… shocker! – Awaken The Giant Within
- Robert Kiyosaki – Rich Dad’s Cashflow Quadrant: Guide to Financial Freedom
- Gary Keller – The Millionaire Real Estate Investor
- Ken McElroy – Rich Dad Advisors: ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
And SO MANY more…
Oh yeah, I also listened to these programs over and over again because each time I listened to it, I made new distinctions and solidified existing knowledge.
Even to this day, I still keep several audiobooks and seminars readily available. And don’t forget, today you can easily access a ton of information via podcasts for free!
So, this one is just a spinoff of Car University. But, you can easily apply the same exact strategy while you’re working out! The best activities you could integrate this to are running, bicycling, hiking, etc. All you need is a small MP3 player and some headphones to make your aerobic exercise more interactive.
Catch Up with Work in Line
I can’t tell you how many people I see in line just staring off into space! What are you looking at? Thinking about?
I hate waiting in line like most people, but I don’t let this stop me from being productive. Especially in this digital age of smartphones, it’s super easy to catch up on simple and quick tasks while you wait.
Renew your library books, review your banking transactions, check your credit score, email a friend, read a book, or catch up on some work emails.
I’d go so far as to tell you make some calls too, but I might be annoyed if you were standing next to me. 🙂
Work During Your Kid’s Activities
Here’s a case in point. If you know you’ll be waiting somewhere like your child’s dance class, use it to your advantage! I’m writing this blog post at our local community center as my daughter is taking a 45-min hula class.
I knew this was coming up and have been bringing my laptop every class. Over the last few weeks, I’ve written a few posts and caught up on some comments all while waiting.
Bridge Time Gaps at Your Local Coffee Shop or Library
As a former IT consultant, I had to schedule clients back-to-back. However, depending on the nature of the call, I could be done in 10 minutes and then have an hour or two before my next appointment. Usually, I’d book my appointments in the same general vicinity, so it didn’t make sense to go all the way back to the office.
Instead, I would bridge the time gaps by dropping by a local coffee shop, or library. As you know, there’s a Starbucks on pretty much every corner these days and free Wifi readily accessible. So, why not catch up on some work, or learn something new while you wait?
I literally learned the entire mechanics of financial accounting for my business during bridge time at my local library. This not only helped me to manage cash flow for my business but for my personal accounts as well.
So, you don’t need to be working towards your goals 100% of your free time. In fact, it’s probably good practice to take a step back each day, get some perspective and breathe a little. And that’s why it’s great to use your shower time for introspection. Not only will you get cleaned and feel refreshed physically, but you can also recharge yourself and prioritize for the day to come.
Take this time to understand WHY you want to become rich, and find gratitude all around you. Remember, getting rich is 80% psychology and 20% mechanics.
Have you been meaning to network with someone successful and “pick their brain”, but haven’t had the time? Well, I’m pretty sure that he/she has to eat just like you do. Consider asking them out for a meal.
You both get to eat, but also have time to connect personally and learn about their specific success. You should definitely pay for the meal, but your time with them could be worth many times more.
Working with a mentor is one of the quickest ways to get RICH. To find out why check out my post How to Find a Money Mentor.
I honestly don’t know where I’d be today without NET Time. It’s a strategy that I identified early on, and a habit that I chose to do consistently. Ultimately this has made a major impact leading to my own financial freedom and feeling RICH in many areas of my life.
I LOVE NET Time, and so should you!
Readers, which NET Time strategies are you already using? Which ones are, or would be the most impactful to you?