The Re-Double Effect: How Valuing Your Time Leads To Extreme Productivity

The Re-Double Effect: How Valuing Your Time Leads To Extreme Productivity

This post is an ancillary post for something we call The RevisitationWhere The Revisitation discusses the approach in meetings of revisiting the previously agreed upon goals and the waste of time this is, this post focuses on the value of your time overall and how an appropriate perspective on your time will make you vastly more productive and in turn, successful.

Kenmore should thank me for this post.

The water filter on my fridge is so slow. Like freaking slow. Like watching paint dry slow. It's like I'm standing at the base of a mountain waiting for the snow to melt at the peak, trickle down the side of the mountain, into the valley, and into my water bottle, SLOW.

In order to fill up my 32 oz (1 liter) water bottle, it takes me 80 seconds. I fill up my water bottle somewhere between 3 and 4 times a day. That's 4 minutes a day. 28-30 minutes a week.

Let's just say I bill $150 an hour (I don't believe in billing hourly, but that's another post), then that's $75 an hour I'm wasting. Multiply that out and I'm literally wasting $3,600 a year in time, while waiting for my water bottle to fill. That's 3 brand new Kenmore refrigerators worth.

What are you wasting your time on?

  • Checking phone notifications (I do this one).
  • Unproductive meetings (see The Revisitation).
  • Not tackling your most important tasks first in your workday.
  • Picking your nose (I see you).
  • Waiting in line for a lottery ticket (seriously?).
  • Thinking about what you're going to eat for lunch.

The busier I get, the more I value my time and look to boost productivity. I've noticed a pattern in my days, especially working in Africa. I've noticed that I go from being the Tony Horton (P90X guy) of work productivity to being a full-time Reminder-In-Chief, working with Dilbert.

Valuing my time is one of my top priorities each day. Because, I'm solely responsible for my work, my results, and my life. Not yours.

So when I waste our time in a meeting, miss a deadline, or don't get back to you on something, I'm not valuing myself high enough. And therein lies the problem.

When I take responsibility for managing my tasks, commitments, and verbal agreements, then productivity rises. Ultimately, taking responsibility for the success of my work comes down to me making it happen.

However, it's when we encounter others who are NOT taking this same responsibility for their work that the clash happens.

I don't have a solution, other than training the people around you to take responsibility. It's not an easy conversation. And it's not one conversation. But I have a feeling it's more productive in the long term.

Let's lead by example.

The Re-Double Effect

You are worth far more than you think. Figure out how much your time is worth per hour of completely productive work. Then double that amount. And re-double it again. That's how much you should think of yourself and your time. (so in my example of $150/hour, I should double to $300, then re-double to $600/hour. I should value my time at $600/hour).

So I guess I'll start using my "water refill time" to help plan my next hour of productivity. So then I can re-double my hypothetical hourly wage again. :)

When will someone invent an auto-refill water bottle? Or buy me a water filter that flows like Vic Falls?

(photo via trey ratcliff)

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Thanks for reading. Quick update, we just found out that Tommy was selected to represent Zimbabwe and the Global Shapers at the World Economic Forum in Africa 2013! We are honored, humbled, and excited that he was chosen to go to Cape Town, South Africa to represent. Of course, we'll keep you updated with Tommy's travels and all the going-ons of the WEF here on the blog.

Ciao,

Tommy & Tim