Learn the key to happiness and wealth in 2 minutes

Read time - 2 minutes

Hey Everyone 👋

I want you to imagine you're 99 years old and on your deathbed...🪦

Will you regret how you're spending your time today?

Everybody can relate to this...we all want to own our time so we can be:

• Loving Husbands/Wives

• Exceptional Fathers/Mothers

• Elite Money-Earners

• Successful Business Owners

• In Top Physical Shape

• More

In short, you want to be happy and wealthy. 😀🤑

And you're often told you can't have everything — and while that might be true, you can have a lot more than the average person believes.

You need to learn how to own your time — start here:

1. Schedule Optimization: 

I got this trick from Kayak Founder Paul English ($1.8B exit to Priceline in 2012). Paul says (and I agree) that happiness is a function of balance, so he created a color-coded calendar that makes visualizing priorities EASY.

Create a list of core priorities and assign them a color. For me:

1. Time with wife/son

2. Business activities

3. Creative exercise

4. Physical exercise

5. Social activities

As life changes, so will allocations. But this is a bulletproof way to see what you actually value — and if that needs to change.

2. Make Time to Think Being busy is comforting because society equates "busyness" with productivity or hard work, which gets glamorized. But, remember... washing machines work hard, but they go in circles.

The real secret is working hard on the right things worth executing.

The wealthiest man in US history, John D. Rockefeller, said:

"Those who work all day have no time to make money." Use your greatest asset, your MIND, to free up time for the things that truly matter while still earning tons of money.

3. Create Leverage

We all get 24 hours a day... but doesn't it seem like some people have more time? The truth is they have better leverage, not more hours. Create leverage with:

• Capital - invested money that is earning returns while you sleep 😴

• Code (technology) - apps or websites that work 24/7 for minimal cost 🧑‍💻

• Audience (earned media) - the ability to reach 1000s for free 🏟️

• Labor - employees that work for you 👷‍♂️

Leverage amplifies returns on inputs and removes the relationship between time and income, freeing up time for things that make you happy.

4. Faster Decisions

You're faced with thousands of decisions daily. Thinking through every angle of each choice would be exhausting. To combat this, I developed a framework called: "The Person I Want to Be."

I write down a detailed description of who I'm striving to be and use it as a filter to quickly make decisions to maximize productivity without veering off course. It's the ultimate heuristic for making good choices.

Read more here:

5. Learn to say "No."I'm convinced the most incredible luxury in life is the ability to say "no thank you." With success comes opportunities (professional/social), and it's easy to get trapped into saying "yes" to everything out of excitement or obligation.

But every "yes" takes away time from priorities, including ventures you've committed to, or even worse, family and health. Without honing this skill, it's impossible to own your time!

Summary:

To become wealthy AND happy, you must be in control of your time. Use these 5-steps as a starting point to creating a life worth living, so you don't have regrets on your final day.

Thanks for reading!

Barrett

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Thanks for reading!