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How to Invest Your Time and Energy for Maximum Success

How to Invest Your Time and Energy for Maximum Success

This is part two of a two part series. Read part one: “A Balanced Life is for Losers.”

The greatest insights — those that can have the most profound effect on creating a richer life — are often the most obvious. There are a handful of such truths that can radically transform your perception and be the first step toward living your best life. The following truth, if recognized and internalized, can lead to a whole new way of looking at the world that will allow you to get the most from it: You have a limited amount of time and energy to invest. Duh, right? Not so fast. There’s a real danger you will gloss over this because this “insight” is so obvious. Let me rephrase. You can’t do everything you want. If you start this hobby, it means you will have less time for that hobby. If you go out with your friends tonight, it means less time with your family. If you start a business in the other 8 hours, it will mean less time for TV.

Since you have a limited amount of time and energy to invest, how can you best invest these resources to have the strongest impact? Last week I made the case that a “balanced” life is for losers. This is not to say you are a loser if you have a balanced life, but that the act of spreading your resources across several areas means that there isn’t one area of your life that is benefiting from the extra time and attention.

For example, what if famed cellist Yo-Yo Ma decided to balance his time and training across the cello, guitar, drums, and bagpipe? My guess is that he would have been great at each of these, but not exceptional at any of them. Yo-Yo Ma would be Yo-Yo who?

But what about you? Follow these four steps to determine where you should invest your time and energy:

1.  Identify key life areas. Jot down the most important areas in your life. I like to combine all of my areas into just four — Health, Financial, Growth, and Family/Friends — but you can create your own.

2.  Assign current rating. Rate each area of your life between 1 (miserable) and 100 (perfection) to see where you stand currently.

3.  Prioritize top area. In which area do you want to focus more intensely over the next quarter or year?

4.  Allocate time/energy. Once you’ve identified your priority area, should you disregard the other areas of your life? My recommendation is to work on getting to 75 or 85 in as many areas of your life as possible, but overweight your priority area — whatever area is most important to you. It might be making more money, advancing your career, or receiving professional recognition, but then again, it might not. Maybe for you it’s being the best damn dad you can be. You might “settle” for 75 in health, career, friends, and reaching your personal goals, but you’ll strive to hit 100 in your family.

And that’s the beauty with this process. There is no right or wrong answer. What you do with your time is up to you. Whereas most people unwittingly spend their time in areas that aren’t even important to them, if you internalize this simple truth, you’ll shift from spending time to investing it. The clarity you gain from knowing what’s most important in your life and realizing the relationship between time invested and results will allow you to quickly make decisions. Friend wants you to join the board of a local non-profit? Sure, unless time invested here would impede progress in a more important area of your life.

Time is money, unless for you time is better health, or closer friendships, or connection with family. Get good across the key areas of your life, and then get great in one.

(Cello image by Mathew BajorasCC 2.0)

Are you ready to create more money, time, energy, and passion in your life? Learn how to live your best life now with these free resources:

Get the “Achieving Peak Performance” ebook and video now!
(free for a limited time)

You can also join a community of passionate people at Richer Life who want to achieve more in life and at work. With your free membership, you can participate in conversations I have with experts, celebrities, authors, and thought leaders that are laser-focused on practical ways to drive more money, motivation, and meaning into your life. Take the first step toward creating a better life by joining Richer Life for free now!

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Robert Pagliarini

Robert Pagliarini is obsessed with improvement, making the most of his time and energy, and inspiring others to live life to the fullest by radically changing the way they invest their time and energy. He is the founder of RicherLife.com, a community of passionate people who want to learn and achieve more in life and at work and the co-founder of The Band of Brothers Foundation, a non-profit helping kids around the world.

13 comments

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1:44AM PDT on Oct 21, 2012

ty

1:18AM PDT on Apr 6, 2012

I have improved in investing my time more productively. When I was still working, I often put in too much time to the detriment of one or other important, personal chore.

2:42PM PDT on Apr 4, 2012

Well, duh! Of COURSE if you spread yourself too thin, you don't have a BALANCED LIFE ANY MORE, DO YOU? Jeez, what a long winded way to say the OBVIOUS! You have a limited amount of time on earth. Do something YOU LIKE, don't waste your precious time on stuff YOU DON'T LIKE. If you are doing something you don't like, you are squandering your TIME. True happiness comes from doing things you LIKE! True unhappiness comes from doing things you DON'T LIKE. Cast out unhappiness like organized religions and all other people who want to suck money out of you and give you false promises. And get the government out of our bedrooms and we will all be a lot happier.

1:03PM PDT on Apr 4, 2012

Interesting. Thanks!

3:59AM PDT on Apr 4, 2012

Thanks for posting.

5:05PM PDT on Apr 3, 2012

Being retired can certainly free up your life to do more of what you want to do. Both my wife and I wonder how we ever found the time to do anything at all that we wanted to do when we were both working full time.

7:24AM PDT on Apr 3, 2012

A sensible strategy, and much better conveyed than in the previous article.

7:06AM PDT on Apr 3, 2012

That is exactly why I do not own a tv . I do scour the web..but learn a lot more than waatching the tube.

6:38AM PDT on Apr 3, 2012

Focusing is my biggest problem. I will try these steps.

2:59PM PDT on Apr 2, 2012

thanks

Yogananda wrote something to help this topic:

"Our magnetism is determined by our habitual attitudes and actions. To become magnetic to others, you must make yourself attractive from within. Sattwic actions, including meditative activities, are those that help you realize the pure image of the Self within. Someone with a sattwic personality is sincere, kind, accepting, and possessed of great self-control – qualities that are highly magnetic and produce a good effect on oneself and others. Positive behavior, control of speech, and kind words are qualities which clothe the soul in spiritual magnetism."

"Let your supreme goal be to make others happy in order to gain happiness for yourself. Take a genuine interest in the problems of others. Every time you meet a receptive human being, make him feel your interest in his physical, mental, and spiritual welfare. Never neglect to do whatever you can for yourself in the forms of others. Live by the principle, “Each for all and all for each.” In getting for yourself, you must get for others too.

Remember that whatever you do attracts those same actions to yourself. If you set the example of selfishness, people will practice selfishness on you, but whatever you freely give to others with love, yields an ever-increasing harvest of happiness. Find happiness in helping whoever crosses your path."

http://www.anandaclaritymagazine.com/2012/03/magnetism-yogananda-moods-yoga/

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