Section 1: Concept
This section, which is about the concept of Life Leverage, covers philosophy, architecture, attitude and a way of thinking about life. This is the anti-system mindset and methodology of Life Leverage. Like the great architects who have a single concept for a building, or the best-selling books that have one single, recurrent theme, or the niche businesses that serve one sole purpose and donât try to be everything to everybody, and the band that creates a great riff or chorus that they repeat throughout the song to make it catchy, your entire life by design is built on the Life Leverage concept.
Life Leverage: how to get more done in less time, outsource everything and create your ideal mobile lifestyle.
#1 Thereâs no such thing as âtime managementâ
âTime managementâ as a concept is utterly ridiculous. It must surely be one of the most misunderstood concepts in work and life. The more you think about âmanagingâ time, the more of a slave to it you become. Itâs like trying not to think about something you are thinking about only making you think about it more.
You cannot manage time. It does not stand still for anyone. It does not wait. You cannot control it in anyway. Time will keep going, it doesnât care about you, and it will take you with it in the end.
So how come there are so many time-management books and gurus? Perhaps itâs because everyone is looking for the shortcut or time hack to beat, and save, time. It was Brian Tracy, perhaps one of the world leaders in the tactical field of time management, whom I hold in very high regard, who first taught me what âtime managementâ is:
TIME MANAGEMENT IS LIFE MANAGEMENT
You donât âmanageâ time, you âmanageâ yourself. You manage your life. You manage your decisions, behaviours and emotions. This book isnât called âTime Leverageâ, it is called Life Leverage. Itâs about leveraging elements of yourself and your life, to make it appear as if you have more time.
We all get graced with enough time on this planet to do amazing things that can leave a legacy for generations to come. If one person can reach the Moon, make a billion, get a PC into every home, rid the world of polio, become the worldâs best bodybuilder then highest-paid actor then state governor, in their lifetime, then so can you. Bill Gates and Arnie have the same number of minutes in an hour, hours in a day, days in a week, weeks in a year, years in a decade as you.
So itâs never about how much time you or anyone else has or hasnât, and all about how you choose, use and invest that time, that makes all the difference â the difference between being somebody and being anybody.
If you miss a deadline, it wasnât that you didnât have enough time; you didnât manage your workload or workflow well enough. You werenât disciplined enough to do what needed to be done in the time that you had, which was enough when you started.
If you donât do something thatâs important to you, or you canât balance all the things in your life, then you arenât managing your priorities effectively. If you feel you are running around doing things for the benefit of other people and not for yourself, making other people rich and not making yourself happy at home, or you are confused, frustrated and overwhelmed, then you this is down to you. You allowed time to do that and blocked time to do the things that make the biggest difference to your life (your vision).
If you get to the end of the day and think to yourself, âDid I actually get anything meaningful done?â and the answer is âNoâ, then you wasted the greatest gift and the most scarce and valuable resource known to humankind: time.
Time is our most valuable and precious commodity, slowly running out, slowly catching up on us. Time is being invested or wasted. There is no âin betweenâ. Time is your currency, asset and mechanism of value and exchange. You can only âmanageâ time by managing your life and how you invest the time that you have, which is equal to the time everyone has. Time is currency and how you can cash in on that currency has its own chapter, coming soon.
Life management is discipline in action. Discipline isnât about pain, self-negation or sacrifice as much as it is about having a vision: a longer-term view of who and where you want to be, and making the right, highly prioritized decisions moment to moment, even when you donât feel like it in that moment.
Life management, previously known as time management, is about leveraging other time-related assets such as people, capital, ideas, information, software, systems (all explained in detail in Life Leverage strategies in Section 2) to maximize your results and benefit to you, âburningâ away as little of your own time as possible, so you can invest the maximum amount of your own personal time as possible, according to your highest values and towards your vision and legacy.
CHEATING TIME
You âcheatâ time, or get more done in less (of your personal) time, through outsourcing and leverage. Not through working harder and longer. You âcheatâ time through understanding time as asset and currency, not as tasks, to-do lists and what you have to get done.
You âcheatâ time by being clinical about highest âprioritiesâ and lowest âposterioritiesâ (low or anti-priorities); single-mindedly focusing on highest-value or highest Income-Generating Tasks (IGTs), and delegating, delaying and/or deleting everything else.
Summary
You canât manage time, you can only manage your life. In the rest of this book, the âhow toâ tactics of preserving and leveraging time for maximum productivity will be revealed. So will the intuitive, spontaneous understanding of your highest values, your lifeâs vision and the legacy you want to leave behind that guides your efficient investment of time, never wasting a second or getting pulled into other peopleâs urgencies.
#2 Time currency
Time is the real, universal currency. Before money was exchanged in a âfiatâ system, and even before the introduction of coins and precious metals, before governments controlled the monetary system, people would exchange their time to create a product (a cobbler or smith, for example) or provide a service that someone else perceived to have value. If they didnât, they likely died, unless they could hunt, because theyâd have no mechanism to buy food.
Individuals would exchange their own product or service that they had exchanged their own time and passion to create, and these would be exchanged in turn for other products or services. When there was no universal monetary system to regulate fair exchange, you had the manifestation of your time invested as your one and only currency.
The value of that currency was directly related to the value of the time invested. And the value to the recipient of that time invested was their perception of that value, not yours. So time, as a currency, is in fact how recipients of your manifested time investment perceive the value of it to them and/or their life. They will then exchange something they value in return for it. This is known as âfair exchangeâ. Fair exchange is the natural and agreed right balance between buyer and seller, giver and recipient, during a sale and purchase where a transaction happens.
Currency literally means âflowâ. Currency is an always-moving value exchange of time investment. Money is the end result, but currency is the continual flow of time between interconnected people. Just as money flows from one person to another to another very quickly, so can, and does, your time. You make more money by creating more currency, also known as economy, enterprise or GDP (gross domestic product), all of which are the flow of time in monetary form.
If fair exchange doesnât take place, or the balance is at either extreme of the spectrum in favour of the buyer or seller, one party feels that theyâre not valued highly enough, or that they are being cheated. In this instance, time as currency loses its value and circulation, where the buyer who feels cheated looks for compensation and tells others of their experience, or the seller who feels undervalued canât sustain funding their free time or canât make profit with high enough prices to pay their overheads.
THE IRONY OF TIME
The irony of time is that most people canât or donât measure time, and therefore place a real value to it. You canât master what you donât measure. Instead, they place value on material items or financial mechanisms, spending or wasting all their time to get a very physical remuneration.
Society raises and forces you down a route convincing you the right way to live is to work hard your whole working life, exchanging all your time for a small amount of money to just get by and just pay your bills, taking overtime and sacrificing free time, so that you can save up or buy free time later in life, to do what you always wanted to do. But when you get to your later years, you start running out of time, and the money you thought youâd saved for retirement is less and doesnât last. So you have to work longer and harder, never getting those years back. Then, when you finally can retire to do the things you love to do, you die.
Society in the industrial age set up three stages of âlifeâ related to work: learning, earning and yearning years. Learning years are 0â18, earning years are 18â65-plus (it used to be 50) and yearning years are 65 to the end of life. Youâre sausage-machined into going to school and learning to get a job or career, and encouraged to work most of your life to set up some free time right at the end, if you get there.
Thereâs an illness or phenomenon known as âBroken Heart Syndromeâ. Its more official name is Takotsubo cardiomyopathy. This is a syndrome or illness where the heart temporarily enlarges and doesnât pump well, causing shortness of breath, angina and sometimes death. It is a physical reaction to a surge in stress hormones that can be caused by an emotionally stressful event. This âBroken Heart Syndromeâ is one of the main killers of people when they âretireâ. They literally die from sudden loss of purpose, belief and hope, caused by no vision and their lack of financial provision.
This must not be you. This would be such a sad and empty way to die. You should die having lived a long and exuberant life that made a huge difference to others, and go out in a blaze of glory.
WARNING: the learning, earning and yearning societal system is an outdated model. This is the antithesis of Life Leverage. This is the way most people in the world understand and are forced down, but it is not the only way.
THE ALTERNATIVE â THE LIFE LEVERAGE WAY
The Life Leverage way means that you can earn in the learning years. You can teach your children about business and money from four years old. You can put audios on in the car, get them watching educational YouTube videos on the tablet at a young age, and they can start setting up online businesses and earning money at 13 years old.
The Life Leverage way means you can keep learning in the earning stage of life. Donât stop learning just because youâve finished school. Continually investing in your education and knowledge will ensure that you continually get a return on your time and increase your financial reward.
The Life Leverage way means that you donât have to wait to your yearning years to âretireâ. You can do what you love and love what you do, make your passion your profession and your vocation your vacation.
Work doesnât have to be work, and you can take âmini-retirementsâ every week or every month, you can âfront-loadâ rather than ârear-loadâ, or delay, your retirement. You donât have to have all work at the front of your life (front-loaded) and all retirement at the end of your life (rear-loaded). I âretiredâ twice, in 2007 and 2009; never again, it was so boring! It was like eating Italian with no carbs. I lasted no more than a month before I needed a purpose. I didnât want to start my slow decay. I know now that I just had the wrong definition of âretirementâ. I had defined retirement the way society defines it, and not how it really should be for someone who controls his or her own life and time.
You can now âworkâ remotely and mobile, anywhere in the world, while on vacation. You can mix business with pleasure, and social with operational. You can merge passion and profession. You can redefine both. Work doesnât have to be work any more.
Life Leverage means that you donât have to wither and die in your yearning years. You donât have to reminisce or wish youâd seen your children grow up or youâd done more with your life, or not worked as hard.
Here are the five biggest regrets of the dying:
1. I wish I hadnât worked so hard.
2. I wish Iâd had the courage to live a life true to myself, not the life others expected of me.
3. I wish Iâd had the courage to expr...