Efficiently managing my time has always been a challenging task, especially when it comes to work and business dealings. If you’re anything like me, the problem can usually be traced back to trying to do too many things at once — and trying to do them all in one day. The feeling of disappointing someone because I couldn’t accurately manage my time is something I really could live without.
Fortunately for us, help is on the way! In a book by Kevin Kruse titled 15 Secrets Successful People Know About Time Management, seven billionaires, 13 Olympic athletes, and 239 entrepreneurs reveal their strategies for effective time management. Below are tips from 7 billionaires, all of which seem like really effective and, more importantly, easily implementable routine changes that could make a big impact. Take what you like, leave what you don’t. I plan to try a few out and see how my daily dealings change!
And sure, sometimes we can view billionaires in different lights. Whether we think they are evil for making money or whether we might resent their position, not all are doing “bad” things and until we remove those polarities, we won’t ever see the benefit in what some do in this world.
1. Richard Branson, founder of the Virgin Group:
“One of my favourite tricks is to conduct most of my meetings standing up. I find it to be a much quicker way of getting down to business, making a decision, and sealing the deal. When given the opportunity, I often like to take things a step further–literally, with a walking meeting.”
“I think the number one thing that I take with me when I’m traveling is the notebook … I could never have built the Virgin Group into the size it is without those few bits of paper … If you have a thought but don’t write it down, by the next morning it may be gone forever.”
2. Warren Buffett, American business magnate, investor, and philanthropist:
“The difference between successful people and very successful people is that very successful people say ‘no’ to almost everything.”
3. Nathan Blecharczyk, co-founder of Airbnb:
“I try to fill my calendar in reverse, from the end-of-day to earlier; I try to reserve the morning for doing ‘real work.’ I find I can focus more in the morning, whereas it’s harder to get focused after having been bombarded by meetings, so I try to save meetings for later in the day.”
4. Mike Cannon-Brookes, co-founder of Atlassian:
“Do one thing at once. Stop multitasking!”
5. Andrew Mason, co-founder and former CEO of Groupon:
“Rather than give a specific piece of advice (I have tons, but none of it is rocket science), I’ll just say that actually being disciplined about adopting these habits is, in my experience, a huge differentiator of successful people … If I was building a character in a business video game and I had 10 character points to distribute, I’d put three of them into intelligence and seven of them into self-discipline.”
6. Dustin Moskovitz, co-founder of the productivity app Asana and of Facebook:
“Pick one day a week that you and your team can focus on getting individual work done without any interruptions like meetings. At Asana, we have No Meeting Wednesdays established to encourage flow and productivity across the company.”
7. Mark Pincus, co-founder and CEO of Zynga:
“If you want to build great products, devote more than 50 percent of your work hours to product. Don’t accept [any engagements] if you can’t justify them as benefiting your users or your company.”
In this new film called Prosperity, you can learn the ways in which companies are changing the game in order to change our world. CE's founder Joe Martino is in this film talking about CE's business practices.