
How We Use Time
Time is similar to money in how we use it: We spend time; we save time; we invest time. When we spend time, there is no improvement in efficiency, productivity, or effectiveness. The time is gone without a return. We save time when we perform tasks in less time or with less effort than previously. We use shortcuts and processes that streamline activities. We invest time when we take time now to save time later.
We spend time when we go to a movie; however, if we are a screenwriter, the time spent in the movie is an investment since it will help hone our writing skills. If we invest time to learn screenwriting software, we will save time in the future when we compose our scripts.
Delegation is a valuable investment of our time. When we delegate, we teach someone to perform tasks we usually perform. While the training process takes time now, the investment pays off later since we free our time to perform higher-payoff activities.
The goal is to look for ways a person can save and invest time.
The goal is to look for ways a person can save and invest time.
