After last weeks lesson about doing The Wrong Kind of Busy I started really analyzing how I spend my weekday nights (my real estate investing time). It was a very good exercise to try and identify what are the money making activities and which are not and cross those off my list. Then I thought to myself “Self, how can I be more productive?”
To answer this question I have to really think about the situations in my life where I have been most successful at completing what I had to get done. I thought back to all the projects I’ve had at work and in my school days. I remember back in my freshman year of high school we were assigned this year long paper, open topic, that would be due the following May. As most teenagers would do, I put it off until mid April. Of course I got it done, but it was only because of the threat of failure if May came and I had no paper.
Similar cycles have occurred over and over again in my life. My most productive times have been when I had a time limit set for a job. So I thought, why can’t I set up my weekday evenings with time limits for each of my Money Making tasks? And that is what I’m going to be doing from now on.
Why This Should Work
Of course this will add a little pressure to my day, but for me pressure helps me make choices. Why? because if I only have an hour to accomplish a task, I don’t have time to ponder my options. I just have to pick one and live with the results. If I had all night, I would most likely waste a few hours researching and trying to make the “wise” decision. The key to a successful life is action now and adjusting later.
My Daily Schedule
I’m going to be breaking up my evenings into 1 hour chunks and then assign each of those chunks a category (real estate, blog, other, etc.). Once I’ve got that setup, I will slot each of my daily tasks into those hour. Bingo, I have my schedule! Here is an example of what I’m talking about.
7:00pm to 7:59pm (Category: Real Estate Phone Calls)
8:00pm to 8:59pm (Category: General Real Estate Investing)
9:00pm to 9:59pm (Category: Blog)
10:00pm to 10:59pm (Category: reading, other)
With this schedule, it will keep me from spending to much time on things like blogging. I will say though, I bet I get more accomplish with regards to my blog in that one single hour then I normally do on most nights because I will be fully concentrating for that hour. I won’t be checking email or fantasy sports because I know I have only one hour to finish what I want to finish or it won’t get done.
So what does everyone think about this idea?
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