Leverage for Growth Podcast

Episode 107: Unlocking Time Freedom – The Unexpected Route to Wealth

Episode Date:Jun 22, 2023

In this episode, Jesse explores the importance of prioritizing essential tasks and granting oneself breaks to boost productivity, wealth, and overall quality of life. Drawing insights from the Eisenhower Matrix, Stanford University's productivity study, the Pareto Principle, and concepts like deep work and high-performance habits, Jesse emphasizes the significance of focusing on quality work rather than quantity. By cultivating a mindset that values rest and prioritizes crucial tasks, individuals can enhance their productivity and create more time for personal growth. To further support listeners on this journey, Jesse invites you to join The Agency Association, a community that offers free courses for agency owners, including a comprehensive guide on creating time freedom. Don't miss the opportunity to achieve sustainable work practices, create wealth, and attain freedom in life.

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Show Notes

Episode Transcript

You are now listening to Leverage for Growth. Hey everybody, this is Jesse P. Gilmore, founder of Niche in Control and creator of Leverage for Growth. Welcome to the Daily Leverage Edition. Today’s topic is this, unlocking time freedom, the unexpected route to wealth. Sit back, relax, and welcome to today’s Daily Leverage. So let me share a concept with you all, freedom. Now, most of us think of financial freedom when we hear this. But I want to talk about a different kind of freedom today, the freedom of time. The notion is that when we prioritize our most important tasks over the most urgent and give ourselves permission to take breaks, we see a significant boost in productivity and results. Contrary to popular belief, the path to wealth might not be through more work, but through better work and a better mindset. Today, let’s dive into this idea and see how focusing on less can lead towards more in terms of productivity, wealth, and overall quality of life. We’ll start with the basics and some research and studies. The Eisenhower Matrix is a time management tool used to prioritize tasks by dividing them into four categories, urgent and important, important but not urgent, urgent but not important, and not urgent or important. The idea is to focus on important activities before they become urgent, thereby increasing efficiency and productivity. What about the psychology of productivity? A study from Stanford University found that productivity per hour declines sharply when a person works more than 50 hours a week. After 55 hours, productivity drops so much that putting in any more hours would be pointless. This suggests that focusing on fewer, more important tasks and allowing for adequate rest leads towards higher productivity. And then there is the Pareto Principle, also known as the 80-20 rule. And it states that 80% of our results come from 20% of our efforts. This suggests that focusing on the most critical tasks can yield higher results. In high performance habits, research by performance expert, Brendan Burchard, found that high performers cultivate several key habits, including seeking clarity, generating energy, raising necessity, increasing productivity, developing influence and demonstrating courage. This involves prioritizing essential activities over those that merely seem urgent. And then there is the concept of deep work. Introduced by productivity expert, Cal Newport, deep work involves focusing without distraction on cognitively demanding task. It is a skill that allows you to quickly master complicated information and produce better results and less time. So let’s apply this across a few different domains. Mindset. Cultivate a mindset that prioritizes essential tasks and values rest. Believe in the power of focused work and recovery time in order for you to increase and enhance your productivity. What about creating wealth? By focusing on key tasks that drive your business or work and allowing for adequate rest, you can boost productivity and results leading towards increased wealth. High performance. emulate high performers by seeking clarity on what is genuinely important, generating the energy necessary for these tasks, and raising the necessity for focused work. And then what about freedom in life? Achieving freedom in life by consciously prioritizing essential tasks, thereby creating more time for rest, leisure, and personal growth. But how does one actually achieve this? How do you prioritize effectively, draw boundaries and create time freedom? And that’s where we can help. I’d love to invite you all to join our community. It’s called The Association, which provides free courses for agency owners. And one of these courses is specifically tailored towards creating time freedom. You can find it at www.nichincontrol.com slash time. It is a comprehensive guide and training on how to navigate this path, and it’s based around years of experience and proven methods. Don’t miss this chance to dive deeper into the world of time freedom, productivity, and enhanced business success. So in conclusion, the next time that you feel the urge to cram more work hours into your day, remember this, quality over quantity. Focus on the most critical activities, and allow yourself time to rest and rejuvenate. This is not only a more sustainable way to work, but it’s also a more effective way to create wealth and achieve freedom in life. And remember, our association is here to help you guide you on this journey. I look forward to seeing you there. So now it is time for the daily leverage. So where in your world, whether in your life or business, have you been working harder rather than smarter? Is in your life with your health and body? Is in your life with your spirituality or self-direction? Is it your relationships with your spouse, partner, or kids? Is it your business, finances, or team? And once you’ve located where you have been focusing on working longer or harder, and you know what needs to change, my question to you is this. What are you willing and able to do about it today? That is the end of the Daily Leverage. This is Jesse P. Gilmore. You’ve been listening to Leverage for Growth Podcast. If you’re enjoying these daily leverage and agency leverage episodes, make sure to subscribe on Apple or Spotify now.