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Summary

The article emphasizes the importance of managing time effectively by prioritizing tasks that offer the highest return on investment (ROI) to enhance productivity and personal satisfaction.

Abstract

The article "Time Management Tips: Do the Right Things at the Right Time" underscores the non-renewable nature of time and advocates for its strategic investment rather than mere spending. It suggests that by focusing on activities that align with one's goals, such as proper nutrition, exercise, and adequate sleep, individuals can maximize their cognitive functions and productivity. The concept of ROI is applied to time management, with the article providing examples of high ROI activities like working on Most Important Tasks (MITs) during peak energy times and engaging in personal and professional development. Conversely, low ROI activities like multitasking, routine work tasks during peak energy times, and certain downtime activities are discouraged during working hours. The article also cautions against the illusion of productivity, urging readers to differentiate between tasks that genuinely advance their goals and those that merely create a sense of busyness. It concludes by encouraging continuous reassessment of what constitutes high and low ROI activities as personal goals and life stages evolve.

Opinions

  • Time is a finite resource that should be invested wisely to maximize personal and professional growth.
  • Productivity is not just about getting more done but also about ensuring that the most important tasks are completed efficiently.
  • Prioritizing health through proper nutrition, exercise, and sleep is crucial for optimal mental and physical performance.
  • Tasks should be scheduled according to one's energy levels and cognitive abilities throughout the day for better focus and productivity.
  • Multitasking is inefficient and leads to a lower ROI on time; single-tasking is recommended for improved productivity.
  • Personal and professional development activities are considered high ROI tasks as they contribute to long-term goals.
  • Downtime activities should be confined to actual downtime and not interfere with focused work hours.
  • A feeling of productivity does not equate to actual productivity; it's important to evaluate whether tasks are truly moving one towards their goals.
  • The value of time investment can change over time, and individuals should reassess their priorities periodically.
  • Identifying and focusing on high ROI activities can lead to faster achievement of goals and a more fulfilling use of time.

Time Management Tips: Do the Right Things at the Right Time

Invest in what makes time instead of wastes time

Photo by Marcus Ganahl on Unsplash

Time is a non-renewable resource that cannot be bought, sold, or traded. Each one of us is given the same amount of time every day, but how we use it is entirely up to us. When a single day, an hour, or a minute is gone, we cannot get it back. In today’s fast-paced world, it’s easy to get caught up in the hustle and bustle of daily life and lose track of time. However, by viewing time as an investment, we can maximize our productivity and achieve our goals.

Poem: A New Day

This is the beginning of a new day.

God has given me this day to use as I will.

I can waste it or use it for good, but what I do today is important because I am exchanging a day of my life for it.

When tomorrow comes, this day will be gone forever, leaving in its place something that I have traded for it.

I want it to be gain and not loss; good and not evil; success and not failure; in order that I shall not regret the price I have paid for it. — Heartsill Wilson

Productivity, in my opinion, is about being as efficient as possible with our time at work so that we can spend our downtime doing what we truly enjoy and want to do — whether that is a good book, a TV show, or family time. If we invest our time wisely during “working hours," we get to separate completely from work and enjoy other activities in our downtime.

ROI Equation (Inmage by Author- Canva)

Some tasks could be considered a better investment of your time at any given moment because they make more progress towards your goals. Whatever is the most important goal to you now, the things that support that goal become more important and, therefore, a better use of your time, giving you a higher return on your time investment.

Higher ROI Time Rules & Examples

Nutrition

Eating healthy foods gives our brain and body the fuel it needs to run at optimum performance, i.e., higher cognitive function, more energy, focus, and a better memory.

Exercise

Exercise boosts both our energy and creativity, reduces stress, and improves our ability to focus.

Sleep

Getting enough sleep improves our energy, focus, and problem-solving ability.

So, before you even think about what to work on, prioritizing nutrition, sleep, and exercise all have a high return on investment and enable us to be at our best when working.

Energy

You can concentrate and be more productive when you feel at your best and have the most energy. Most people have more energy in the mornings, after a good night’s rest, and are therefore, the most productive during that time.

Investing your mornings on your MITs (most important tasks) is a high ROI for that time. If you are someone who has more energy later in the day, that would be when to work on your MITs to get a higher return on your time investment.

Goal Specific

Personal and professional development activities like taking classes, reading books, going to networking events, workshops, or following a passion or side project are examples of high ROI tasks.

Day-To-Day Tasks at High ROI Times

Daily household tasks could also give you a high ROI when you schedule them at the right time. For example, doing the dishes and preparing your lunch the night before will leave your mornings, before you go to work, free so you can get your full 8 hours rest or leave extra time to pursue a side hustle.

Lower ROI Time Rules & Examples

Monotasking

In an article by Psychology Today, multitasking lowers productivity by 40%, and therefore, time spent multitasking has a low ROI value. Instead, gauge your tasks by cognitive difficulty and effort, organizing them throughout the day based on your energy, concentration level, priorities, and time available. But, always working on a single task at a time is a way to improve your ROI of that time.

Everyday Work Tasks

Organizing, filing, and sending emails are all mundane tasks that have low ROI and can be saved for after lunch, when you might have less energy and concentration. However, a quick check of your inbox after you get your MITs done to address anything pressing is a good practice — and usually has a higher ROI.

Downtime Activities for Downtimes Only

Thinking beyond your work schedule, low-ROI value tasks could include watching the fifth episode in a row of a TV series, scrolling through your social media and surfing the internet aimlessly, or needlessly shopping and spending money. We all deserve downtime, and these could be ways to spend that time, but doing them during your normal working hours has a low ROI on that time. Also consider things you could do during your downtime (like meal prep over the weekend) to turn that time into a higher ROI use — anything that makes your working hours easier or that creates more time overall.

Prioritization of your tasks, both work-related and normal day-to-day household ones, is key to effectively using your time so you can get the highest ROI possible.

Photo by Mick Haupt on Unsplash

Be Cautious Of

There are tasks that make you feel like you are investing your time wisely, but in reality, it is a false sense of productivity.

An example of when I had a false sense of high ROI time use is when I download yet another planning, habit, or productivity app to try. For a long time, I was always searching for an app that encompassed all of the various features that I liked from each of the apps I was using. I would download new ones, just to try, in the name of productivity.

I felt productive because I was planning or tracking habits and projects, but in reality, I was inputting the same projects, tasks, and habits into different apps over and over just to try out the features that each had — just to eventually delete them and revert to my old ones.

A feeling of productivity is not being productive and getting a high ROI

Things Change

What is a high-value and low-value ROI of your time task will be different for everyone. It can also vary for you at different stages of your life. For instance, when you are young and before you have a family, spending your evenings doing work at home could be a high ROI of your time because you are eventually furthering your career. However, when you have a family, you might feel that spending quality time with them has a higher ROI in your evenings.

If we look at time as an investment, there will be tasks that get a higher return on that investment than others. When you think about how you invest your time, what should be considered?

Some questions to ask yourself are:

1. What are your current goals?

2. What tasks will help me reach my goals?

3. How much time do I have?

4. Which tasks are urgent and which are important? What wastes time and what makes time?

5. Why do you want to productively spend your time? If you had two extra hours in the day, what would you do?

These questions can help you identify tasks that have a high ROI for your time and help you prioritize them based on your goals, their importance, and the time you have at the moment to devote to working on something.

Decipher between spending time and investing time over time because our definition of high and low ROI uses will change as we change.

Final Thoughts

We must assess how we spend our time and beware of a false sense of high value time investment. The time we have is limited, so knowing how to make good use of it is important. Identifying ways to have a higher ROI on our time throughout the day will help us reach our goals faster. Goals change over time, so asking these questions will help you know the difference between investing and spending your time, so you get the highest ROI possible.

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