Think Like A Time Billionaire

How you can make the most effective use of your billion seconds

You are already rich.

The only distinguishing factor is: Both you and your time just don’t appreciate being unconscious.

A billion seconds is nearly equivalent to 31 years.

Said so, If we assume average human life as 82 years, a 20 YO has 2 billion seconds, a 50 YO has 1 billion.

Welcome to the billionaires club.

What is the future value of your time?

You buy stocks so that they appreciate in value. The prime reason you buy stocks is not to store them in your backyard. But to utilize them after they are appreciated.

For what?

To make the best use of your time.

Most people, unfortunately, get trapped in the collection game. They get horny when they earn a lot. Only to realize later that they have exhausted something that cannot be earned — Time.

Why do people think time is a secondary asset?

Actually, they don’t. Most people cannot think of themselves. They follow what is trending. In the case of money, they are conditioned to compete in a race. They think they are getting rich but they forget they are getting old. They get trapped in the financial matrix.

You can make the best use of your 2 billion seconds if you understand the difference between a million and a billion — A million seconds gets exhausted in around 11 days while a billion seconds get exhausted in 31 years — A 1000x ratio.

Once you realize that you are balancing time v/s money and not work v/s money, you become a time billionaire.

Work: Choice v/s wisdom— How wise you are to choose what earns you a lot of money and saves a lot of time?

Money: Stagnates, grows linearly, or compounds according to the work you choose.

Time: Exhausts irrespective of anything or nothing you do.

Time is not an asset. It is a non-renewable resource.

What Should Be Your Thought Process?

How best I can make use of the next block of time to get the maximum benefit of my time invested?

To answer this, define your hourly worth.

What is your hourly worth?

Value your time at an hourly rate, and ruthlessly spend to save time at that rate. You will never be worth more than you think you’re worth.

— Naval Ravikant

Work on things that will match your hourly rate. Delegate the rest.

So, if you define your hourly rate like $500, you should work on a task that will be worth $500 in long term. If it is not, outsource it, or if unnecessary, don’t do it.

This system will help you prioritize #1 (First Things First). You will be forced to compete with #2, #3 priority tasks.

Caution: Apply this logic of hourly rate only for your working hours. Else you will juggle with your life.

Be frugal in spending. Be wise in investing

Time is not an earnable asset, not a tradable commodity. It is a scarce borrowed non-renewable resource. Don’t take time for granted.

Monitor your time.

Invest in yourself

Nothing can beat a person who does not give up.

“Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.”

— Warren Buffet

To keep learning is the most valuable system you can create.

Invest compounds.

Choose wisely where you invest your energy.

Set and do not compromise on your priorities

The best way to ruin your today is to not plan yesterday.

Prioritization guides you to assign your energy to the most essential tasks.

Plan only 3 major tasks for every single day before-head. Struggle to make this a routine, and you will delay your good time.

Embrace frugality

It is not bad to have a lot of material possessions. Everyone desires to be a king. But, everyone forgets one thing — The king also has to entertain plenty of servants.

Think of cars. If you own 5–6 luxury cars, although they will add to your luxury, they will demand 2 servants. The cars and servants will ask for fuel. They will demand greasing, to look after these tiny things you will exhaust your time.

The same is the case with a luxury house — It will demand attention in terms of maintenance and security.

Now, imagine you don’t own any of these material possessions. Upside — You save a lot of time slots.

Frugality helps you embrace the moments of life than embrace the possessions.

That’s the reason, billionaire Elon, Mark resists their urge to live a luxurious life.

Keep a minimal calendar

3 major tasks per day and if done, work on the minor 3.

Your calendar should be more empty than filled. Don’t micro-task, over-work enervates.

Say no effortlessly

Nothing is more satisfying than owning your time.

I will happily waste my time then move around due to obligatory commitments that I didn’t want to make in the first place.

Saying no is a skill. Learn it.

Curate and surround yourself with people smarter than you

You are average of what you are exposed to.

Choose your environment wisely.

Befriend smart people. If they are unavailable in your vicinity, seek refuge on the internet.

Don’t forget books. Good books are life’s worth of work. They add a truckload of value.

You are already a Time Billionaire — Don’t forsake your moments

Coined by Graham Duncan, Time Billionaire is someone who has more than a billion seconds left to live.

It is an individual choice how to utilize that time. Yes, no one is sure when they would die. But, everyone can surely live to their fullest each day.

Prompts For A Time Billionaire

• What should I do so that I don’t regret spending my time?
• Will I be devoting myself wholeheartedly to the person I am meeting?
• I don’t want to do this. How best can I say NO?

The worst thing we do is think low in self-worth. We praise successful people.

Think of humans as humans.

By creating the rich-poor boundaries, you enter a competition. You start a zero-sum game.

You can create wealth through compounding, you can build relations, and you can grow assets, only when you have energy.

Time billionaire always dies with zero. Don’t trade your time doing what can be done later.

Time billionaires are not the ones who have abundant time, but the ones who make abundance out of their time.

Are you choosing consciously?

Prioritize only 3 tasks for the next day.

Disclaimer: This article is for informational purposes only. It should not be considered financial, tax, or legal advice. Consult a financial professional before making any financial decisions.