Time Management Tips by 9 Famous Wealthy People

Managing time effectively is an absolute necessity to achieve something significant in life. In this article, we’ll study how the world’s wealthiest people manage their time. Following the footsteps of these people can boost your time management game.

Remember that time is a limited commodity. If you want to squeeze the most out of your time on earth, you will need to be mindful of your habits and decisions. Healthy habits and mindful decisions will allow you to achieve more in less time.

Let’s look at famous, wealthy people and their favorite time management routines and habits.

Jeff Bezos

Jeff Bezos, the founder of the world’s biggest ecommerce platform, believes in long-term planning. He makes decisions and manages time, keeping in view his long-term perspective. It’s his foresight that has led to the success of Amazon.

Richard Branson

Virgin Group owner Richard Branson lives a structured and well-organized life. He likes to stay connected with his team worldwide and keep his finger on the pulse of industry news. Despite having a busy routine, he likes to post on social media for his followers.

Warren Buffet

Warren Buffet, one of the world’s wealthiest people, prefers to fill his calendar with activities of utmost importance. He doesn’t spend his time on activities of lower importance. He devotes his time to planning, thinking, and reading.

Bill Gates

Bill Gates uses the time-boxing technique to schedule and prioritize his daily routine. He plans every minute of his day to save time and effort. He uses 5-minute blocks to focus his attention on a specific task.

Tony Robbins

The world’s most famous motivational speaker, Tony Robbins, has a system for achieving goals effectively. He named it the Results Planning System. It includes three questions you must ask yourself to utilize your time efficiently. The questions are:

What is the result you are after?

What is the purpose of it?

What is your Massive Action Plan (MAP)?

Tony believes that gaining clarity is essential to maximizing efficiency in pursuing goals. His system helps him achieve the maximum outcome in a limited amount of time. 

Elon Musk

Elon’s audacious goals enable him to use his time effectively. He instills discomfort and urgency in his team to convince them to work harder toward the goals. This trick has worked perfectly in his favor for years, as is evident from his achievements and successful companies like SpaceX and Tesla.

Jack Dorsey

Jack Dorsey is the co-founder and former CEO of Twitter. He utilizes a unique time management technique. He sets a theme for all the days in a week and spends his time dealing with issues related to that theme. For example, on Monday, he focuses on management; on Tuesday, he deals with product development matters, and so on.

By setting the theme for the day, Jack Dorsey activates his super-focus mode and eliminates any other distractions, allowing him to achieve more in less time.

Carlos Ghosn

Carlos Ghosn is the CEO of Nissan and manages two other companies alongside this one. His time management hack? He has prepared his schedule one year in advance. According to him, the less time you require to track your activities, the more interactions you have in real time, boosting your productivity significantly. 

Larry Page

Larry Page is the former CEO of Google, one of the world’s biggest tech companies. His unique time management trick? He encourages his staff to work one day from their mobile phones. He believes working from smartphones allows more mobility and agility in completing the tasks at hand.

Conclusion

Famous entrepreneurs and CEOs value their time like a precious treasure, so they prepare well to spend every minute of it wisely. Time management is the cornerstone of their routines and a major determinant of success.

The tips mentioned in the article can help you become more proficient with your time. But remember, any hack or trick will only work if you bring it into action. Implement the given time management tips for a few months and see how your life changes with a new routine.

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