There is a ton of bad advice out there. People are being influenced by the advice of bad advisors instead of good advisors. In the end, it doesn’t make much of a difference whether you surround yourself with people who are successful or not, but you should have a good adviser for your situation.
There are only 8 million millionaires in the world, and the world population is about 7 billion.
The “drip” of paint may be a bit much. However, if one looks around at other artists work, and especially at work of similar value, one can see many other examples that are far less elaborate and that still look real.
5 Billionaire’s Tips to Achieve High Productivity
I did a lot of research into a lot of billionaires and their advice. After reading all the books, it’s really amazing. I found that the best advice comes from a lot of different billionaires with different backgrounds, and also the best advice comes from the richest people.
1. Don’t worry if you don’t know what to do all the time, just do something.
1. Keep Your Calendar Simple
When I take down my calendar I end up with just a basic plan. I don’t have to waste time cleaning up everything that I don’t need to be doing.
If you’re like most businessperson, you have many low priority tasks that distract you from doing your highest priority tasks. It’s not a good idea to stuff your calendar with a thousand, small random tasks.
This is an example of what it’s like to live in a country with a very strict immigration policy.
Bill Gates has said this will change the world. Bill has used this on multiple occasions since learning it from Warren.
2. Do What’s Most Important First
First thing you should do when you start the day is write your schedule.
The average person fills the first part of their day doing unimportant tasks. The tasks that take up the majority of their day are important, but none of the tasks they are doing today are life altering.
In the end, people often fail to complete their most important tasks and instead spend days working on other projects. This causes a cascade of failure, leading to unproductive days with little to show for it.
This is a great way to make others feel that you’re a busy person, but it is important to remember that you are not busy all day every day. You still have to delegate and you can actually have some success with a less-than-busy schedule.
Mike Flint learned this lesson after being instructed by Warren Buffett.
3. Delegate Lower Priority Tasks
if you’re getting paid $50 and hour, every hour you spend doing tasks that can be outsourced for much less is a dollar wasted.
They don’t cook because they are rich, and they don’t cook because they don’t have time.
Most billionaires consider efficiency to be the most important attribute of management. They want to keep all the money they make and it takes a lot of time and management to get that done. So a better way to spend that time is to invest in helping the world.
From the book 15 Secrets Successful People Know About Time Management: The Productivity Habits of 7 Billionaires, if you have tasks that cost less than a buck each, you might want to get a new pair of glasses.
If your time is worth only $1000 an hour, then you shouldn’t put in time buying groceries because you could make more money buying groceries and you are still putting in valuable time you could be spending making money.
This one is a little ambiguous. The idea is that you have an existing business that you can make $980 on in an hour. So by taking the 20 hours away from it you would be losing $980 / 20 = $48, and paying someone $20 an hour is equivalent to doubling the $20 an hour income in one hour.
So I suggest that, in addition to working on the problem, you go home at 5pm, spend an hour doing something fun, and then come back to work for another two hours. Your productivity will be about the same, but the time wasted at home will have cost you $25.
4. Find Your Peak Performance Environment
It’s more than just a workspace. It’s the environment where you choose to work.
You can decide on how to achieve goals based on your own values and preferences.
5. Plan Out What You Will Do
It was found that when billionaires consider what they want to do next, they often plan things out beforehand.
Think about what you will do tomorrow and the next week and follow up with a written plan. You can get a lot of work done from a week long plan.
I have a vision of a more efficient workflow that is not only more efficient, but is sustainable.
You will become confused. You’ll spend extra time trying to figure out what’s more important. You’ll be dazzled if you get interrupted and uncertain where to resume.
People don’t give up because they are lazy. People give up when they are unaware of the benefits of working smarter with the time they have.
Remember to put your focus on the most important tasks, delegate lower priority tasks, work in a quiet place, and plan out what you will do next.
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