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Past, Present, and Future: Use Time Perspectives to Live Better
What does time mean to you? Depending on who you’ll ask, you get one of the following answers:
- Time is money
- Time is love
- Time is play
- Time is work
- Time is a thing of the past
Your answer tells a lot about how you spend your time. That makes me think about something.
Why do we often carefully think before we spend our money but don’t do the same when we spend our time?
Do we value money more than time? If you look at all the inspirational quotes on social media, you would think everyone is conscious of their time. You often hear things like, “time is your most important asset,” and, “you can earn back money but you can’t earn back time.”
You Become What You Focus On
The following quote is 2000 years old. But it seems like it’s about today’s world: “Most of what passes for legitimate entertainment is inferior or foolish and only caters to or exploits people’s weakness.”
That’s from the Stoic philosopher Epictetus. It couldn’t be more telling about our attention and the things we focus on. We allow other people to control us because we’re pretty much defenseless when the media exploits our weaknesses.
Now, I’m not against all media. But I do think there’s a lot of manipulation going on. Just look at every single social media platform, news website, streaming site, and every app on your smartphone and you’ll notice that you and I are being exploited.
You just have to look at the signs. What do you think I will do when I see a notification from Netflix, saying there’s a new season available for my favorite show? I’m going to pause everything else in my life and watch the WHOLE season in a few days.
How To Get Repeat Customers For Your Business
Last year, 1,320 people bought one of my courses. And 54% of those sales came from existing customers. That’s massive. And this rate increased over time.
In business, you need to focus on the long-term. Getting new customers is important. But serving your existing customers well ensures that your business has a sustainable source of revenue.
It can cost five times more resources to attract a new customer, rather than retain an existing one. When you increase the retention rate by a mere 5%, your profit can go up from 25% to 95%. It’s simply more beneficial to retain existing customers than search for and pitch to new ones.
Personal Finance Guide: Manage Your Money Like A Boss
I used to be very bad when it came to personal finance. I didn’t even use a savings account until my late twenties. Sure, I had one, but I just left all the cash I had in my checking account.
That’s the best strategy for going broke. You either spend your money on stuff you don’t need, or you get lured in by speculative investments like Bitcoin, Gamestop, silver, cannabis companies, or whatever CNBC and the r/wallstreetbets guys talk about (yes, I actually used these opposites in the same sentence).
Anyway, if you’re going nuts because of all of the confusing financial advice out there; this article is for you.
The goal of this guide is to help you get more control over your personal finances. I will share proven strategies and methods that people use not only to manage their money but also to generate more money.