Monday, 5 August 2013

Time;Our most valuable asset


Overtime, time has been a very important factor in our day-to-day activities.The word TIME was defined by a popular American author Michael Gerber as just another word for life.From this,we could deduce that time is the most precious asset a man can ever have.
Playing around on the internet may seem like a “valuable” activity but what “value” is coming from it? We’re checking our email countless times a day, surfing the web for useless information, and seemingly living our lives through social media. We’re all guilty, to an extent, of these behaviors that interrupt constructive efforts. They are known as intentional time wasters.

I know it’s easy to get caught up in these activities because they don’t require us to challenge ourselves with critical thinking and pass us through the day with ease. Whether it’s YouTube, Facebook, or Twitter, there is no risk of failure involved in the cozy online world of social media. There are possibilities that you may learn something knew or gain a nugget of information that may help your profession, but it most certainly won’t happen as frequently as becoming a doer. A person in the mix of real-life interactions and when I say real-life I mean face-to-face communications that are focused on growing your professional hard skills.
Not everyone is born into a family with wealth, power and influence. That simple "luck of the draw" may or may not result in success and happiness for those born into affluence. But there is one gift given to each person that can level the playing field if it is used correctly. Each person has the same 24 hours in a day. How you spend or invest that time each day is the paramount factor.

If you squander the money in your bank account, there is a high probability that you can, at some point, replace the money. If you lose a car or a home because of adverse circumstances (job loss, illness) or through poor money management of your finances, you can, at some point, buy a new car or home. Most people handle their finances responsibly and would not squander money needed to pay the mortgage or car note. And, yet, some of those very same responsible people squander the one asset that is most valuable and an asset that cannot be replaced.
In fact, Time is the ONLY asset we have that we cannot create more of… all we can do with this relentlessly diminishing resource is choose how to spend it. Consider this: the Time that it took you to read this is now gone forever.

Sorry if that thought leaves you a bit glum, but consider… in a survey of 90 year olds who were asked what they would do differently if they could live their lives over, the most common answer was they would reflect more on how they were spending their precious Time.

The real question we need to ask then is not “How much time do I have?”, but “How will I spend the time I have?” While it’s true that we cannot control how we spend every moment of every day, it’s equally true that how we spend the time is still largely a matter of choice: we can choose to be disorganized, reactive and ineffective—or we can choose to be organized, focused and productive.

Poor time management is largely a matter of habit. But effective time management is also a matter of habit, and having some proven tools and processes certainly helps.

There is plenty of information available on time management. Folks with the best of intentions routinely fail, though. The problem is usually in two areas…Implementation and Accountability.

The most common Implementation error is simply trying to do too much, too soon. Habits are hard to break because our subconscious resists change in our established patterns of behavior. One technique I’d suggest is to fool your own mind by introducing changes in such small doses that your subconscious doesn’t notice. For example, if you decide to wake up every day 1 hour earlier than you have been, set your alarm for 1 minute earlier the first day, 2 minutes earlier the second day, etc. At the end of 2 months (60 days) you’ll be in the habit of rising one hour earlier.

Accountability is established by working with your business coach on goal setting, with a check-in on progress and results every month or on some other schedule. Your subconscious has no problem derailing you when its just you, but your conscious mind will take over and keep you on track if you need to report back to a 3rd party.
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Just remember, if time is life, isn’t getting more from your time the same as getting more from your life ? Where else could you find a better payback for your effort
STATISTICS on Time-Wasters (pingdom.com):

90 Trillion emails sent on the internet in 2009

500 billion minutes per month people spend on Facebook

14.6 billion YouTube videos watched in May

2 billion tweets per month on Twitter
BY WOLI KHALIL OKIKIOLA
DEPARTMENT OF ELECTRICAL/ELECTRONICS ENGINEERING
UNIVERSITY OF ILORIN.




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