The Value of Time

The other day while reflecting on things I wanted to do for the next year, I was reminded of simple business improvement calculations that I used in my younger days. The calculation is a simple one. The average person has available 450 minutes of work time in a day of which only 320 minutes is considered productive. This means we all waste about 130 minutes of time each work day; that’s two hours and ten minutes each day of complete and utter waste.

Some of us are more productive than others, others less so. At best, the value of productive time is likely in the neighborhood of 70% of the 320 productive minutes. So this means working really well, I’m only actually producing any value for about 224 minutes or just under four hours a day. So what happens to the remaining 3.5 hours a day? It’s wasted, each and every day for a working career of forty years. That‘s equivalent to less than four years of wasted time.

Thoughts of what to do for the year then turned to ‘how do I stop this blood-letting of wasted time?’ I began to ask myself what I would do with this extra time. Interestingly, working more was not at the top of my list. My revelation is that I’m not a workaholic! I work because I have to work and this saddens me. But, this reality is no reason I can’t ‘live.’

I realized that I can work more intelligently and not waste this time. To start, I looked at the time I spent in meetings. This for me is the biggest time sucking activity anyone could have invented. Seriously, think about it. How many meetings have you been to that have been useful and value added? Likely only ten minutes of a meeting was of value, the remainder complete waste. So reduce both the duration of meetings and the meetings themselves. Seek agendas and negotiate to arrive only when your topic is up. Think of what you could do with an extra four years in your life! I took a simple approach. I began requesting teleconference coordinates for meetings then I would call in, put my phone on mute, and read an online paper. I used this time for me. Slacker you say. On the contrary, I’m doing what you only dream of doing while you‘re suffering sitting around a table full of egocentric idiots. The point is that I focus my attention where it provides the greatest value during the meeting. I request my items at the front end of the meeting, do my spiel then refocus on me.

What are you doing with your time?

Feel free to share your answer in the comments.

Other Time Trading Gurus

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Shaun Rosenberg presents Why is Time Management Important? | Shaun Rosenberg posted at Shaun Rosenberg, saying, “This is an article about why time management is important and how you can start managing your time effectively and get more done.”

Nishadha presents 7 Ways to Work Smarter, Not Harder posted at Creately Blog | Diagramming Articles and How to Draw Diagram Tips, saying, “Article covering how to avoid distractions and make the best use of your time”

Joe Marshall presents ABC’s Of Time Management posted at The Unlimited Project.

Josanne Anthony presents Time Management-Five Ways To Make More Time In Your Day posted at A Chocolate Bouquet, saying, “Five ways to make more time in your day.”

Flexibility

JJ Semple presents Kundalini and Pop Culture posted at The Kundalini Consortium, saying, “Dedicated to the scientific exploration of human energy potentialities, such as kundalini, Nirvikalpa, neuroplasticity, energy healing. How and why these biological phenomena function, their effect on the individual, and on individual and collective consciousness.”

Tricia Clark presents Health and Astrology posted at Your Chart, Illuminated, saying, “Becoming aware of self through the personal natal chart. Cutting corners to realize bad habits, trends and ruts in relationship, career, hobby, etc.”

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Peter Buscemi presents Leverage Marketing, Sales Development, Sales Enablement & Executives to Sell : Four Quadrant posted at Four Quadrant, saying, “Every company has a finite set of resources so it easy to understand why each functional area is usually at or near full capacity with Sales being no exception.Assume the sales pipeline has six primary phases that include: qualified opportunity, forecast, technical win, executive win, contracts and closed won.”

Shane presents Earn Money Online Fast Working Just A Couple Of Hours A Day posted at money-earning-online-income.com, saying, “Many people are looking for an opportunity to earn money online fast. There are actually many ways to do this, and with a little research most people can find something to match their skills and interests.”

Angela Giles presents How To Have YOUR Dream Income posted at Showcasing Women.

Cherry Liu presents 10 Blogs that Feature Tips for Saving Money on Your Heating Bill posted at House Sitting Jobs, saying, “Check out the following 10 blogs to get plenty of money saving tips just like these.”

John Schmoll presents Taking the Plunge: Budgeting and the Entrepreneur posted at Frugal Rules, saying, “Taking the Plunge into running your own business is not one that should be taken lightly. If you’re considering running your own business, make sure you have your budget in place beforehand.”

Denise Young presents 30 Blogs for Frugal Moms posted at Aupaire Saving money becomes even more important in a struggling economic climate than in less troubling times, and managing the expenses of running a household while making sure that everyone has everything they need can be a major challenge, even for thrifty moms.

DREAM Process

Art Of Girliness presents Your new success factors | Art of Girliness posted at Art of Girliness.

Lena Ameri presents How To Love Your Job…Even If You Hate It posted at Liveit! Magazine, saying, “Does your workweek drag on? Do you dread Mondays? Life shouldn’t be about living for the weekend. Here are 10 ideas to help make your job more enjoyable.”

Bachmozartium presents Success Essentials This New Year (1) posted at welcome to bachmozartium, saying, “Essential Success Tips this new year”

Rodney Maley presents 8 Little Ways to Add Variety to Your Life posted at Life-fficient.

Kathryn Johnson presents Make Small Commitments. Get Big Changes posted at Dig It!, saying, “43 life-changing tips for Taking Care of You, Your Outlook, Your Relationships and Your Life by Michael Dalton Johnson.”

6 Responses to The Value of Time
  1. My Homepage says:

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  2. Jacinta Roskop says:

    Terrific post but I was wanting to know if you could
    write a litte more on this subject? I’d be very thankful if you could elaborate a little bit more. Bless you!

  3. Castilho says:

    thanks for the interesting article.

  4. Always glad to help other time traders!
    Robert Renaud
    http://www.timetradingguru.com

  5. Josanne says:

    Thanks for including me in your blog carnival! I’m following you on Twitter now also.
    Have a great weekend!

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