For most of my early working life I was always busy and not very productive. There were always a few more tasks to do at any time of the day and a fixed work schedule was unheard of.
To be productive I calibrated my goals
When my daughter was born, I knew I had to manage my time better to be able to help my fiancé while improving productivity in my businesses. It was then that I decided to 10x my income. I had to become more productive with my time.
To do this, I had to reverse engineer my mindset and how I applied myself across the board, from sunrise to sunset. It wasn’t as complicated as it sounds, just a hack that was hiding in plain sight.
How I reverse engineered my goals
- I set a financial goal I needed to reach in one month. I will use $10 000 as an example
- Next, I committed to working 10 hours a day, Monday to Saturday
- Sunday was my rest day – no exceptions, you need a break to be productive.
With the all the different elements listed, I them came up with this formula:
- Divide your target amount by the number of days you committed to work. In my example, that is 6 days a week x 4 weeks = 24 days. So that is $10 000 / 24 = $416 per day.
- Then break it down further, by dividing the daily target by the number of hours you committed to work per day. In my example I stated 10. So that would be $416 / 10 = $41.66 per hour.
- Take it a step further and break it down to project earnings per minute. $41.66 / 60 seconds = $0.69c per minute. This is what my minute is worth during the 10 hours I committed to work per day.
Does reverse engineering your goals really work?
The magnificence of the human mind then comes into play. Knowing what your time is worth, you will find it easier to prioritize your tasks, spend less to no time on non-pertinent activities thus making you more productive.
A similar example of the human mind at work on auto pilot is how you tend to notice certain cars more often after someone you know purchases one. This is known as frequency illusion or recency illusion, it’s scientific name is the Baader-Meinhof phenomenon.
The car type you had hardly noticed before didn’t just suddenly appear. Your mind began alerting you every time a similar model was within your view. The same principle applies in the formula above. Your mind helps you prioritize your tasks and improves your methods of tackling objectives, thus improving productivity.
I hope you find this formula useful, it worked wonders for me and still is. That is me blogging by the side of the pool on a ‘busy work day’ that was productive 😉