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Self Development

Time Is The Ultimate Success, Not Money

Don’t use your time to make more money, use your money to make more time.

Steve Eakin

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time-management

Why do we work so much? I know the answer is “money,” but why? Yes, we need to cover our cost of living – your true basics like food, clothes and shelter. But after that, what are we working for?

The short answer is luxury. We want to get our hands on some luxury.

For some, that’s cars, watches, boats and all of the other flashy things we see scrolling through Instagram. For others, it’s art or travel. Everyone has their own definition of luxury.

But that shouldn’t be the reason for our lifetime of toil. It should be for time. You see, time is the true measure of success – the real currency of an entrepreneur.

We work our lives away to buy objects of luxury instead of enjoying the luxury of our time on earth. We should be yearning for free time to do what we wantnot what we must. We should want time to do the things we like, not the things we dislike. Forget the desk job. Forget cleaning the house. Forget mowing the lawn or cooking dinner. If you don’t like it, the luxury of having extra money should eliminate it from your life.

This isn’t a rant promoting unadulterated laziness. I’m a firm believer in work, especially deep work in your creative pursuits and hard labour in your physical pursuits. I’m also a firm believer in not doing what you hate.

Related: 7 Rules To Master Your Start-Up Success This Year

For my own creative enjoyment, I enjoy writing – both words and code. That’s my deep work, and no matter how much money I have, I’ll never outsource that. In the physical world, I enjoy lifting weights, fighting and doing yard work. Those are things that I won’t be cutting down anytime soon. Since I enjoy those things, my time isn’t better spent eliminating them from my life. But certain aspects of them can certainly go.

I love weight training, but I hate planning my workouts. It takes me too long to figure it all out. Thankfully, that’s a problem that money solved in my life. I have an amazing trainer who sets it all up for me, giving me my time back. I love writing, but I hate publishing my work. Thankfully, you can hire a content manager (or team) to handle that. Prime examples of money buying my ultimate luxury – time. Time that can be better spent doing things that either make me more money, which I can use to unlock more free time, or that I enjoy, like reading or hanging out on a beach with my family.

Maybe I want to tighten up my Jiu Jitsu game. Maybe I want to create a cool bonsai tree. Maybe I want to learn to play chess or learn a some new tech that could advance me in the professional world. Maybe I just want to sit on my ass and read or play a video game or watch some mindless tv for an hour every now and again. These are things that we work for.

Freedom versus the slavery of materialism

Only after you’ve unlocked your free time is it even worth pursuing the material. Fancy cars aren’t my style, so why would I waste money that could be used unlocking my freedom, on a cool car? Unless you truly enjoy driving cars (which I do,) washing cars (which I don’t,) fixing cars (meh) and everything else that comes along with it, you’re spending your time to make money to buy something you don’t truly love. That’s backwards.

Related: 3 Questions To Guide You To Success In 2018

Love to travel, but only get one week long vacation a year? Go somewhere for a month or two. When you’re not working a full-time job, you’ll have the time to explore new ways of making a living if you want more months like that.

Do you really love exotic cars and want a Ferrari, but you’re just settling on the Mercedes? Take that money, buy some more time, and spend it building a business that makes you the money instead of your boss. Instead of that Benz, put that money into buying more time. That’s now what defines you as successful.

This article was originally posted here on Entrepreneur.com.

Steve Eakin is the founder of Startup Black Belt, where he helps tech startups launch, grow and scale. Grab his Startup Series – a free "mini-course" designed to help you successfully launch an app in record time.

Self Development

6 Mental Barriers You Must Tear Down To Succeed

The world has few obstacles as formidable as the ones in our own mind.

Timothy Sykes

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Mental Barriers

Have you hit a slump in your career? If you are finding it difficult to get ahead, it could be because you’re inadvertently holding yourself back in ways you don’t even realize.

Many of us have unhealthy habits and behaviors that stunt our career growth. By becoming aware of them, it’s possible to begin facing these obstacles head-on so that you can remove potential roadblocks to your future success. Here are 6 surprising things that are holding you back:

1. You don’t know the basics

What if you were to build a house on top of a weak foundation? It might be fine for a while, but one day, it would inevitably cause problems and affect your quality of life. Similarly in your career, if you don’t take the time to form a strong foundation of knowledge in your field, it may keep you from advancing and growing later on. Therefore, it’s vital to learn (and sometimes to re-learn) the basics.

There’s no shame in hitting the books and learning the basics or re-learning them, even well into your career. You know how when you re-watch a movie or re-read a book you pick up on things you didn’t notice the first time around? It’s very much the same in career education. So whether you’re a baker or an investor or a manager, make sure to develop a strong foundational knowledge of your field of work. It will serve you in many ways as your career advances.

Related: Purposeful Work: The Six Barriers To Fulfilment In The Workplace

2. Vague goals

Setting clear and specific goals is one of the major building blocks of career success. On the flip side, without specific goals, you’re more likely to suffer from lack of motivation and aimlessness in your career.

Want proof? Consider the work of Dr. Edwin Locke, who released a still-relevant article in 1968 entitled “Toward a Theory of Task Motivation and Incentives.” In this research-based article, he determined that employees were most highly motivated by clear objectives and specific feedback.

Working toward extremely specific goals provided a major source of motivation to actually reach the desired end result, which improved performance. Moreover, specific and difficult goals led to better task performance than vague or easy goals.

3. Caring too much what others think

According to Aristotle, “There is only one way to avoid criticism: Do nothing, say nothing, and be nothing.” Are you too much of a people pleaser? If so, this tendency could be holding you back from finding the success you deserve.

No matter what you do, you’ll never please everybody. Yes, you should always make your best efforts in any endeavour, and you should always try to be respectful of the opinions of others. However, don’t let other people’s opinions affect your every move. If you do, you’ll constantly operate from a place of fear and will never achieve great things.

4. You’re trying to figure out everything without a mentor

 Bill Gates, Bob Dylan, Oprah Winfrey. What do these people have in common? They’re all crazy successful…and they all had mentors.

Many people suffer from the belief that to become successful, they have to do the equivalent of climbing Mount Everest alone. However, this mindset is likely stunting their career and slowing down success. Truthfully, seeking out the guidance of a mentor is both a brave and smart career move. A mentor who is further along in their career than you can help advise you, point you in the right direction and help you avoid common pitfalls. There is so much to gain from having a mentor; why hold yourself back by trying to do everything alone?

5. Poor time management

Without a doubt, pursuing a new career or business endeavor takes time. Many people claim that it’s impossible to work toward their dreams because there’s just no time. But is this really true?

The fact is, nobody’s ever going to gift wrap extra time and give it to you like a present. It’s your responsibility to make time. It might involve changing some of your habits like bingeing on Netflix or getting lost on Facebook for hours on end. Or, it might mean that you wake up early in the morning like Apple CEO Tim Cook, who gets up at 3:45 so he can answer emails and take some time for himself before the responsibilities of the day descend. There are always ways to make time for what matters if you’re truly driven to succeed.

Related: Is Your Business Prepared For The Worst? How You Can Stress-Test Your Business

6. You stopped learning

Lifelong learning is a trait of the most successful people. Don’t you want to be one of them? If you think you know everything, then there’s no possible way for you to continue moving forward in your career or even your life.

As Malcolm X famously said, “Education is the passport to the future, for tomorrow belongs to those who prepare for it today.” When you approach the world as if you can learn from every experience and every person, you’ll reap many benefits. You’ll be able to keep improving, you’ll be able to remain mentally nimble, and since you won’t be a know-it-all, people will probably like you a lot better. Never stop learning if you want to keep growing.

Are any of these things secretly holding you back?

This article was originally posted here on Entrepreneur.com.

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Self Development

(Infographic) How 9 Creative Minds Got Their Ideas

From doing headstands to drinking 50 cups of coffee a day, check out the quirky things that these nine creatives have done.

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cat-in-the-hat

Coming up with new, creative ideas can be tricky. That’s why it’s important to find a way to get inspired. After all, it’s our own unique rituals that can bring mental clarity and creativity. That could be a quirky habit or routine such as doing headstands or wearing lots of hats.

Igor Stravinksy did headstands, which he believed helped to rest his head and clear his brain. Author Dr. Seuss felt that wearing lots of crazy hats helped inspire his creativity and overcome writer’s block. However, those aren’t even the strangest routines that some of the world’s most brilliant minds have utilised. Steve Jobs bathed his feet in toilet water to reduce stress levels while Honore de Balzac drank up to 50 cups of coffee a day.

Check out Business Backers infographic below to learn the weird ways that nine creative minds got their ideas.

1533319920_unusual-inspiration-infographic

This article was originally posted here on Entrepreneur.com.

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Self Development

15 Traits Of Unstoppable People

Unstoppable people keep their inner fires burning by developing the characteristics necessary to become successful.

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successful-people

Unstoppable people are like warriors. They are always ready to take on the world. They are guided by a light from within, full of boundless energy and unwavering in their goals. They have learned to activate their natural talents and develop the skills necessary to achieve whatever they aim for.

How do they do this? Where do they find the stamina and strength to keep going? Unstoppable people keep their inner fires burning by developing the characteristics necessary to become successful. Here are 15 traits that will help you go from being a solid achiever to being a truly unstoppable person.

Do you have any yet?

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