Gaining more financial independence is probably the result of knowing how to handle personal finances and invest. People are better equipped to save, spend, and invest their money when they have a solid understanding of money and investment. In this market impacted by the recession, a trader made over $350,000.
Although stocks are currently rather volatile, you should be okay if you perform the proper calculations. There have been stories of people making over $250,000 in a matter of weeks or months, according to Bloomberg and other finance media, so if you know where to look, I believe there are many wealth transfers during this recession.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Simply by pasting her full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.
Summary for the lazy (with my takeaways, anyways): - Time is your most valuable resource! - Manage your day in minutes. Most people have about 1000 minutes in a day that they can allocate. Treasure them, and importantly, avoid throwing them all away if just a few of those minutes make you feel bad, down, or frustrated. - Leverage your time when possible, meaning buying back time to work on tasks that create more value for you in the long run. (Example: Paying someone to clean your house for an hour so you can dedicate that hour to working on a project for a client) - Manage your year in hours. Think of your year as 4,000 hours that you can distribute. - Those hours are best associated with solving real world problems, not simply developing skills. Instead of thinking about solely developing skills, focus those hours on solving real problems that the world needs solutions for, and then develop your skills as necessary to accomplish those. - Plan hours around the problems you’re going to solve, then plan your minutes within that framework.
To put some controversy: I recently learned about the flow state of mind: A state, when you are so immerge in your work, that you become effortlessly ultra productive. I do agree with the time mindset, but I feel like flow state can put it on steroids. Because at the end, it does not matter how much time you allocated on a task, what matters is the result. And with flow state you can produce more in 2h that you can produce in 8h of "distracted work". But to get these 2h of flow, you might need to take some break time for "active recuperation". Which gives you less than these 1000 minutes. Well I don't know if I was clear I might have lost my point while writting this but the key take away that I wanna give is that recuperation is also important and that we should fit it on the 1000 hours because it leverage the other hours. And don't misstake recuperation with relaxation, recuperation can be: meditation, nap, walk in nature but certainly not netflix which is a relaxation
True! It’s the 80/20 rule as well, where the flow state makes up for 80% of results. Like you mentioned, once you start counting the time you start looking at the clock, and not being in the flow state, which, of course, deteriorates efficiency of time.
Thanks for the video. I finally established a way to increase my net income per month. My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.
There's a book called Hidden Time Wealth, and it talks about how using some secret techniques, you can overcome procrastination and accomplish anything in life. It's not just a bunch of empty promises; it's the real deal.
@@Poopdeck1015 The book *Hidden Time Wealth* claims to offer unique or "secret" techniques, but these secrets largely revolve around effective psychological approaches and mindset shifts rather than hidden tricks. Here are a few of the "hidden" or less obvious techniques discussed: 1. **Understanding Procrastination's Root Causes**: A deep dive into why people procrastinate, including fear, anxiety, and self-doubt. The book helps readers identify their own mental barriers and teaches them how to transform these emotional blocks into productive energy. 2. **Time Transformation**: The idea of reframing time perception. Instead of seeing time as a constraint, the book encourages shifting your mindset to view time as an abundant resource. This mindset change helps reduce stress and encourages better decision-making. 3. **Leveraging Micro-Actions**: This technique involves breaking down tasks not just into smaller steps but into "micro-actions" that take a minute or less to complete. This is supposed to help avoid inertia and keep momentum going even when you're overwhelmed. 4. **Building Momentum with Routines**: Establishing tiny, productive habits that compound over time is a hidden strategy that enables consistent progress. Small wins daily can build confidence and lead to bigger successes. 5. **Psychological "Hacks" for Motivation**: Using visualizations, affirmations, and self-rewards to motivate oneself is another technique highlighted. These practices help maintain enthusiasm and reduce burnout, especially on long-term goals. These techniques are designed to target both practical and psychological barriers to productivity, helping readers move past procrastination and time-wasting habits.
None of my financial plans are working, and all my stocks are tanking. I'm often left to wonder, being financially successful is getting harder than I imagined.
The stock market can be incredibly unpredictable, and it's disheartening when things don't go as planned. But you know, it's important to remember that investing is a long-term game.
historically, the financial market has shown resilience and has a tendency to bounce back over time. The key is to stay patient and not make impulsive decisions based on short-term fluctuations.
You know, it might be a good idea to consider engaging a licensed financial-advisor (CFP). They can help you reassess your investment strategy and align it with your long-term goals. No one will believe how much your financial situation can change in 3 years if you follow this procedure.
That does sound promising. I guess it's time to consider getting some professional guidance. This rollercoaster ride on the stock market is driving me crazy.
As a finance professor and entrepreneur, I must confess that this man is my brother from another Mother. It was my obsession with time management that made me the #1 student in college and the only black man on earth to complete a PhD in finance during the year 2002. Since finishing my doctorate, I’ve earned about $30 million dollars. Great video man, I’m a subscriber.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
Insightful... I was curious about her, so I looked her up online. I discovered her website, and I must say that she seems knowledgeable. I sent her an email outlining my goals. I appreciate you sharing.
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.
Best life changing advice is to pick a good financial mentor and let them guide you towards wealth. This really saves you from loss and time wasting. I am glad I know Olivia Sullivan.
Time and our mind are the two greatest assets we have, wealth is created and managed through proper utilisation of these aforementioned assets. hence the saying ' Time is money "
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $883k in three years with my advisor
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
I completely agree with you. When I heard Jack Canfield say in an interview, he struggled for decades trying to achieving success. And when one day he was told, ‘Focus on what you do best, and hire others to do what they do best. This maximizes everyone’s time and leads to the fastest results’
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800k
I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything
Most people are either impatient or do not comprehend the power of compound interest. But for the ordinary Joe, I believe it is preferable to just wait and invest in the S&P 500, which is safe but takes a very long time-many years. Or, to hasten the process of creating riches, just hire an expert analyzer. Most people don't realise how strong the latter is.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I've been with Evelyn Burchett for the last five years or so, and her returns have been pretty much amazing.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Evelyn.
I completely agree with you. When I heard Jack Canfield say in an interview, he struggled for decades trying to achieving success. And when one day he was told, ‘Focus on what you do best, and hire others to do what they do best. This maximizes everyone’s time and leads to the fastest results.’ I completely get that. Figuring out who those characters are and where to find them is where I’m at on my path.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
I used to think I worked hard until I started watching Ryan’s vlog in 2018. Once I saw the schedule he kept I realized I wasn’t even in the same ball park. I’ve watched all of his business content and I get so much more done in a day than I used to 6-7 years ago.
Amazing teachings. Thankyou. I am a product mgr and I thought I had a good grasp of product development and delievry over time. But your perspective is super interesting. Hours for years and minutes for days. It make sense...and probably why most of us let a year slip by without achieving much. It gives like for like context to a goal! Howany training courses can I do in a uear to up my game....? Measuring in hours is sooooooo much easier. And flipping GENIUS. thankyou thankyou thankyou.
1. Time allocation capacity 2. Discipline to sustain the course despite not having incentive 3. High leverage opportunities Levers: content, technology, code, skill
Love the video…the only thing I would argue..especially when you are young and don’t know what is your dream/passion/what you want to pursue…learning SKILLS is more important than simply trying to solve problems. You need skill sets to solve certain complex problems. Learning new skills/skillsets is also very challenging and great for character/self development during your teenager years, 20-30s Then you become a beast and can go entrepreneur mode if you want time freedom
Agreed with this, don’t forget other goals that you want to assign time to… like time to enjoy life. In my business, I measure business in €days, meaning, how long is how much money invested blocked from being invested again. Multiplying time and money to a new unit of measure requires rethinking a bit, but it’s really useful to make sure time is always part of a decision.
It is a complicated topic that I took from Goldratt, referred to as throughput-dollar-days and inventory-dollar-days. It’s in his later books, I think necessary but not sufficient… Imagine you have an order portfolio and deliver 95% on time; great. But what is the 5% is half of your revenue and that is 30 days late? Just looking at money is also not correct, because obviously one day late is way better than 3 months late. A better measure is thus to measure dollar-days late. For investing, same thing. RoI look only at money or time when the investment is done, but not how long how much money is tied up. What you want to know is how fast your money is working for you, because faster return for high values means much more money faster. To make business cases comparable for both time and money you have to multiply the time and money parts. 100K with 3 months return is better than 200K with 9 months return, because you can do the 100K 3 times in the same period (obviously be careful of the flaws that you may not be able to do the first three times and potentially lose the second altogether if you prioritize the first). I hope I’m making some sense ;-)
After this video and given my own situation, I have a couple things that got me wondering. Here we go: You elaborate on the strong contrast between being an entrepreneur and working for a boss. What if there was something in between? I am a project manager in a big corporate company with generic company goals (bring the product I am responsible for to high volume manufacturing). There are some guidelines, but generally I can do it however I feel like doing it. Meaning, I can apply the time rules you mentioned to a certain extend. My team, however, consits of a mix of people, providing a variety of results. How would you deal with checking updates on ongoing issue resolution items? I want them to remain the owner (so I am not pushing it out of them), but still now the status when I report to high management. The second item I'd like to address is work life balance. How do you take that into consideration with your 1000min/4000h rule? Writing this comment cost me 20 dollar, it better be worth it.
I love this. I know in my heart that I'm capable of generating a really great income and building a business with unlimited scalability potential, but I've let fear stop me from doing some of the things you outlined in this video. My line of work, my business, has truly unlimited potential, because I deal in the resale of vintage and antique furniture using an online platform that has a national audience. I just subscribed to your channel and will continue to watch and get inspired to let go of my trepidation. This 1000 minute rule is a great way to see things and to understand how important it is to leverage my time. Thank you for these videos!
This is a fascinating video. Sure, we've heard the "your time is valuable" idea before, always a good reminder though. However, I think the most interesting idea in this video is the leveraging & scaling one. What problem do we want to solve, and how do we find people to solve them? No matter the career or life you have, this is the main solution.
Loved how this video got suggested to me as I am laboring over an email I was writing to hire a production assistant for one of my concerts. Was stressing about the added expense, but your video helped me reframe it into actually buying time and bandwidth to focus on getting my own task done well. Phew… email sent and assistant hired ✅📧 Thank you❤
I’ve been binging your videos and loved watching you make it on Bravo. I have two years running my business and am now certain of the fact that I will meet you one day (and purchase real estate). The goal is to constantly expand our minds and desire to be better and do more while we are here. Remaining motivated through the ups and downs are challenging. Remaining disciplined is a must! Thanks for sharing your developmental tips for success. Now back to work I go!
I subscribed immediately. I’m a million dollar listing addict. My favourite by miles is the New York one. With out a doubt Ryan is my favourite. He always makes me laugh. What a personality. Even when he’s mean I forgive him. Imaging being an actor with the stars before doing this for a living. Amazing
Chris has gotten quite popular in this space, I remember when he was starting out with Nate, impressive, The market involves a whole lot of risk and he recognizes that and best believe this is the main reason for his long term success
Yeah, I've been working with Chris for two years now , since his CNBC interview, he's been providing entry and exit points on securities I focus on and I haven't regretted it so far, he's exceptional
Do your research, Chris Ryan Stewart is a portfolio manager, investment and savings advisor, has demonstrated expertise in investment strategies and has been involved in managing and providing guidance globally,
Ryan, big congratulations on the HBS case - this is huge because the case will likely be taught to 1,000’s of MBA students around the world in the years to come and you will be making a difference through their actions on their professional and personal lives. Thank you for sharing your time management mindset in the video as well!
This is one of the best life / business videos I have ever seen. As someone who is constantly looking into learning new skills, considering the solutions to the problem first and then gathering skills is a much better approach. Thanks!
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision,it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
I'm an CEO of educational platform, I'm really scared cause this is my first time, like all of them depends on you, I love your video, I was always thinking I have to use my skills to help each one but now I had only to figure out the problem and find a way to solve it, now I can use my 4000 hour in a wisdom, thank you 🙏🏻
Their focus is always inward on and ensuring that things run effectively. Their focus is on healthy competition. Not worrying about what people are doing in their private lives unlike mediocre people who are VERY interested, curious, nosy and interfere in the privacy of others watching, listening and even going as far as commenting, making it known that they’re intruding. They do not look inward because their lives are chaotic and they wouldn’t know where to start if they started to fix their own lives. That’s why they focus on literal strangers, as a distraction from their own failures and capability. The stranger are of course people who they have no contact with, have never known or been friends with. However SAD it may be, that’s some people’s life. No hobbies, friends, career, goals, motivation, dates, love, character, personality or personal growth. Just spending time time wasting, watching everyday go by, doing the same shit every day, getting nowhere and amounting to nothing. At work, you see tangible results of your work. When you focus on others who are smart enough to think for themselves and have no interest in thinking on your behalf because they have no plans of being in contact with you, you shoot yourself in the foot and do you know who does that? Stupid people.
What an amazing video. You just brought things to a point of truth. Well done. Everybody has a bag of time-coins and every minute of your life you spend, you give one coin away out of the coin bag. Until you give the last one. This is how important time is. Other people can give you their coins as well, as they work for you. So the question is how we use our coins AND other's coins.
I appreciate your perspectives and learn a few things here. Can you share more about enegry management as well? As a mother-preneure, I would like to know how I can show up from a place of overflow instead of depletion in motherhood and also in business. Thanks in advance!
Hello Anvo9263 As a Certified High Performance Coach for mompreneurs I've been thinking about and working on the best way to help moms with this very issue. I can do it in one on one my coaching, but I want to create a freebie that summarizes this very thing. Thank you for validating that there is a need and desire for such a thing...I've got work to do!
Incredibly helpful in understanding how to better manage my time more effectively and to treat time as currency not to waste away. Enjoyed your content and delivery of it! Thank you. I’d really appreciate your feedback on how I have allocated time per day below from what you’re saying about the 4000 hour rule allocating 1000 minutes a day to my goals. 4000 hours = 240,000 minutes Per year. Assuming a standard 5 day work week, this leaves 250-260 work/business days, excluding weekends. 240,000 minutes / 260 days = 923 minutes per day everyday Monday to Friday to immerse myself in being productive. That is 4615 minutes per week to allocate
Love the new refreshing perspective on time management. Now if you allocate those hours into different energy buckets and just focus on one project at a time you are flying 🚀
As a stay at home, homeschooling mom I do not have a 1000 hours in a day, a week, or even a month. I cannot delegate the cooking, cleaning, laundry, teaching, mothering, and being a wife (husband's need time too) but what I have been able to do is be persistent and determined with the scraps of time I have. Now eight years later I'm nearing the end of a writing project. The concept of being aware of time and how we use or allocate is great. Wish I understood the principal when I was younger and single. But for those of us who are demanded upon, being wise and persistent with our scraps of time produces amazing blessings.
Agreed! I always say that we’re planting seeds in this mom season with the time that we have and when harvest season come, we’ll rise up - as we always do.
You have just described my life to a T! I’m homeschooling, running the house, teaching, I also work part time and am trying to start another business from home- it’s exhausting but I wouldn’t have it any other way! It’s just the season I’m in.
Exceptional effort, great focus, bad habits, average mindset, good standards. I think it’s interesting that I have a level for every lever and I can clearly see how my habits and mindset need to improve to maximize my potential. Great vid…..that book called atomic habits in my kindle that I haven’t finished could be a great start
The concept of breaking down your day into minuets is mind opening indeed. However, I dont know where you came up with the number 1000 minutes. 440 minuetes are less than 8 hours. Who on average only needs less than 8 hours to sleep + eat + commute + shower + bathroom?
Loved the way you broke down time management into daily and yearly perspectives. It really makes you think about how every minute counts! The concept of time as currency is a game-changer. It's a great reminder to be intentional with how we spend our time.
Fantastic video stressing the importance of time as our most valuable resource! Managing the day in minutes and the year in hours is a game-changer for productivity. Love the focus on solving real-world problems and leveraging time for value creation. As a business coach, I'll be sharing these practical insights with my clients.
Dear Ryan: I hope this finds you well. Your perspective is an excellent way or fantastic perspective of how to interpret time. However, just because you like disagreements, I argue as follows. Your argument is that time is finite and necessary to solve problems. However, your argument does not consider a skill as a requirement to solve a problem. Thus, if you master a skill, you can quickly solve many of the same issues. For example, depending on your skill, you can solve a million-dollar problem in one second or 3,000 hours. But It is also rare to solve million-dollar issues rather than just minor ones. Therefore, if you have a fantastic skill like solving hunger, poverty, or crime, you do not get rewarded the more often you solve it; you get rewarded if you solve it. Finally, your skill could transcend time, meaning one lifetime may not be sufficient to solve crime, poverty, hunger, or health issues, but you can leave a legacy and, on the way, be rewarded. All I am saying is to chase the problem, not the bill-note (there is a counter-argument to this). I am interested on responses. Sincerely, Edwin
This feels very solopreneur focused but people building great things need great teams. I don't want this to come off as combative, and maybe I'm missing something here, but in one breath, we're downplaying employees as just clock-watchers, and in the next, we're talking about scaling-what, in a vacuum? From where I stand, after years on both ends (working for bosses and building my own large companies) thourgh extreme market conditions, this kind of talk screams 'reluctant leader.' It feels like you view employees as stepping stones, not as amazing individuals to collaborate with. A great team is transformative for everyone, teams, leaders, and customers. This just struck a nerve, and I had to share.
I did a little math... we sleep for an average of 8 hours a day (at least we are supposed to) 27,375 days x 24 hours in a day = 657,000 hours total 8 Sleeping hours x 27,375 days = 219,000 sleeping hours total 657,000 hours total - 219,000 sleeping hours total = 438,000 waking hours total 438,000 waking hours total / 24 hours in a day = 18,250 waking days We have 18,250 waking days... not 27,375 days Someone correct me if I have any of the math wrong... I am human after all. lol
I'm a former procrastinator (just stopped after watching this video) 😂 This was the most insightful video on time management and its a perspective I've never thought about...thank you! You look like this guy from a real estate show i used to watch back in the day
Wow, great stuff, great advice. I am the first one in my family to go to college. A few family members have had their own businesses but did not understand how to "scale up" the company. So they remained a "one-man show" for their entire lives. I don't want that for myself. How do you approach hiring other people to perform a specific part of your business? How do you know what the ROI will be and if it's worth it?
ok so this is great we know theres 24h. 8h sleep = 16h of time to do things. Plan your day all you want but if your depressed or not motivated its hard to do anything or make it worthwhile. Time management isnt the problem. We all can organize a great day. The problem is not all of us are willing to do the work.
watched for the second time, too. Love the section after 7:30 mins. please make a short video including that part where you talk about learning skills vs. solving problems as entrepreneurs. love it soooo much.
440 minutes is only 7 hours not enough to cook eat and sleep and spend time with fam in a day. Instead Use 8 to work for someone then 8 to work on yourself (health, wealth & social life) and 8 to sleep
Here's my comment: you're gorgeous and funny and the opposite of a boring AI generated robot! Love you, homie. Great video because of the expertise, humor, and empathy!
As a Business Presenting Instructor I have to say bravo, we’ll done. Actually, almost technically perfect. Of course the content is extraordinary and I’m glad you’ve done well for yourself. But your seeming perfection does a number on my primitive brain. It says “something is wrong here”. The primitive brain is pretty stupid, it just says “yes” or “no”. The rest of my brain says “this guy is a bundle of amazing techniques, can he be real?” And the primitive brain just keeps saying “no”. “But I WANT to believe what he says”. “No”. Here’s the unsolicited advice… Ryan, you are SO GOOD, now work on being real. Tell your story. Give examples. When did you screw up? How did that push you towards your answers? (Etc…) Ah minor point…..the Ken hair doesn’t bode well for authenticity, at least not for me and a couple other entrepreneurs out there. I say this because I actually WANT to like you, even though you probably don’t care if I do. That’s a rhetorical win in my book.
Gaining more financial independence is probably the result of knowing how to handle personal finances and invest. People are better equipped to save, spend, and invest their money when they have a solid understanding of money and investment. In this market impacted by the recession, a trader made over $350,000.
Although stocks are currently rather volatile, you should be okay if you perform the proper calculations. There have been stories of people making over $250,000 in a matter of weeks or months, according to Bloomberg and other finance media, so if you know where to look, I believe there are many wealth transfers during this recession.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Mind if I ask you to recommend this particular coach you using their service?
Rebecca Noblett Roberts is one of the best portfolio managers in the industry, deserves recognition. She is well known; you ought to look at her work.
Simply by pasting her full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.
Summary for the lazy (with my takeaways, anyways):
- Time is your most valuable resource!
- Manage your day in minutes. Most people have about 1000 minutes in a day that they can allocate. Treasure them, and importantly, avoid throwing them all away if just a few of those minutes make you feel bad, down, or frustrated.
- Leverage your time when possible, meaning buying back time to work on tasks that create more value for you in the long run. (Example: Paying someone to clean your house for an hour so you can dedicate that hour to working on a project for a client)
- Manage your year in hours. Think of your year as 4,000 hours that you can distribute.
- Those hours are best associated with solving real world problems, not simply developing skills. Instead of thinking about solely developing skills, focus those hours on solving real problems that the world needs solutions for, and then develop your skills as necessary to accomplish those.
- Plan hours around the problems you’re going to solve, then plan your minutes within that framework.
Thanks. But lazy don't read.
Really valuable notes friend. Thanks!
good man thank you
Thank you. This was super helpful. Much appreciated.
Dope break down thank you ❤
To put some controversy:
I recently learned about the flow state of mind: A state, when you are so immerge in your work, that you become effortlessly ultra productive.
I do agree with the time mindset, but I feel like flow state can put it on steroids. Because at the end, it does not matter how much time you allocated on a task, what matters is the result.
And with flow state you can produce more in 2h that you can produce in 8h of "distracted work".
But to get these 2h of flow, you might need to take some break time for "active recuperation". Which gives you less than these 1000 minutes.
Well I don't know if I was clear I might have lost my point while writting this but the key take away that I wanna give is that recuperation is also important and that we should fit it on the 1000 hours because it leverage the other hours.
And don't misstake recuperation with relaxation, recuperation can be: meditation, nap, walk in nature but certainly not netflix which is a relaxation
True! It’s the 80/20 rule as well, where the flow state makes up for 80% of results. Like you mentioned, once you start counting the time you start looking at the clock, and not being in the flow state, which, of course, deteriorates efficiency of time.
Thanks for this!
Thanks for the video. I finally established a way to increase my net income per month.
My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.
Congratulations on taking the steps necessary to get yourself out of the financial bind you were in.
That's truly remarkable. I hope you don't mind pointing me towards their direction.
She's Sophia Elaine. One of the finest portfolio managers in the field.
she's mostly on Telegrams, using the verified user name.
@PhiaElaine :That's her Handle!
There's a book called Hidden Time Wealth, and it talks about how using some secret techniques, you can overcome procrastination and accomplish anything in life. It's not just a bunch of empty promises; it's the real deal.
What are they? Or are they covered in this video?
@@Poopdeck1015 The book *Hidden Time Wealth* claims to offer unique or "secret" techniques, but these secrets largely revolve around effective psychological approaches and mindset shifts rather than hidden tricks. Here are a few of the "hidden" or less obvious techniques discussed:
1. **Understanding Procrastination's Root Causes**: A deep dive into why people procrastinate, including fear, anxiety, and self-doubt. The book helps readers identify their own mental barriers and teaches them how to transform these emotional blocks into productive energy.
2. **Time Transformation**: The idea of reframing time perception. Instead of seeing time as a constraint, the book encourages shifting your mindset to view time as an abundant resource. This mindset change helps reduce stress and encourages better decision-making.
3. **Leveraging Micro-Actions**: This technique involves breaking down tasks not just into smaller steps but into "micro-actions" that take a minute or less to complete. This is supposed to help avoid inertia and keep momentum going even when you're overwhelmed.
4. **Building Momentum with Routines**: Establishing tiny, productive habits that compound over time is a hidden strategy that enables consistent progress. Small wins daily can build confidence and lead to bigger successes.
5. **Psychological "Hacks" for Motivation**: Using visualizations, affirmations, and self-rewards to motivate oneself is another technique highlighted. These practices help maintain enthusiasm and reduce burnout, especially on long-term goals.
These techniques are designed to target both practical and psychological barriers to productivity, helping readers move past procrastination and time-wasting habits.
Hey this same exact comment is on a lot of videos. Seems like this is a cheap marketing tactic
Can't find that book
Author?
None of my financial plans are working, and all my stocks are tanking. I'm often left to wonder, being financially successful is getting harder than I imagined.
The stock market can be incredibly unpredictable, and it's disheartening when things don't go as planned. But you know, it's important to remember that investing is a long-term game.
Long-term game? It feels like I'm losing every day!
historically, the financial market has shown resilience and has a tendency to bounce back over time. The key is to stay patient and not make impulsive decisions based on short-term fluctuations.
You know, it might be a good idea to consider engaging a licensed financial-advisor (CFP). They can help you reassess your investment strategy and align it with your long-term goals. No one will believe how much your financial situation can change in 3 years if you follow this procedure.
That does sound promising. I guess it's time to consider getting some professional guidance. This rollercoaster ride on the stock market is driving me crazy.
the fact that nobody talks about the book blueprint for unlimtied success on borlest speaks volumes about how people are stuck in a trance
As a finance professor and entrepreneur, I must confess that this man is my brother from another
Mother.
It was my obsession with time management that made me the #1 student in college and the only black man on earth to complete a PhD in finance during the year 2002.
Since finishing my doctorate, I’ve earned about $30 million dollars. Great video man, I’m a subscriber.
Would you become an investor for a start up?
Wow, really well done Sir! 😃👏⭐️
That’s awesome!
Wow that’s amazing. You’re a hard worker.
What you do for living
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
Izella Annette Anderson is my FA, simply do due diligence . You'd find necessary details online to work with and set up an appointment.
Insightful... I was curious about her, so I looked her up online. I discovered her website, and I must say that she seems knowledgeable. I sent her an email outlining my goals. I appreciate you sharing.
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!
She's OLIVIA SULLIVAN FINANCIALS
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.
Getting Olivia Sullivan to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me, not until I meet Olivia Sullivan
Best life changing advice is to pick a good financial mentor and let them guide you towards wealth. This really saves you from loss and time wasting. I am glad I know Olivia Sullivan.
Time and our mind are the two greatest assets we have, wealth is created and managed through proper utilisation of these aforementioned assets. hence the saying ' Time is money "
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $883k in three years with my advisor
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
I completely agree with you. When I heard Jack Canfield say in an interview, he struggled for decades trying to achieving success. And when one day he was told, ‘Focus on what you do best, and hire others to do what they do best. This maximizes everyone’s time and leads to the fastest results’
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800k
Mind if I ask you to recommend this particular coach you using their service?
Her name is Patricia Strain. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything
Most people are either impatient or do not comprehend the power of compound interest. But for the ordinary Joe, I believe it is preferable to just wait and invest in the S&P 500, which is safe but takes a very long time-many years. Or, to hasten the process of creating riches, just hire an expert analyzer. Most people don't realise how strong the latter is.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Could you give me a pointer to who you work with, please?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I've been with Evelyn Burchett for the last five years or so, and her returns have been pretty much amazing.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Evelyn.
I completely agree with you. When I heard Jack Canfield say in an interview, he struggled for decades trying to achieving success. And when one day he was told, ‘Focus on what you do best, and hire others to do what they do best. This maximizes everyone’s time and leads to the fastest results.’
I completely get that.
Figuring out who those characters are and where to find them is where I’m at on my path.
This is a deep conversation that I need to have with myself.
How did it go? Did the other you punch you in the mouth or he cooperated? 😁
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
Impressive can you share more info?
'Carol Vivian Constable’ maintains an online presence. Just make a simple search for her name online.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
I used to think I worked hard until I started watching Ryan’s vlog in 2018. Once I saw the schedule he kept I realized I wasn’t even in the same ball park. I’ve watched all of his business content and I get so much more done in a day than I used to 6-7 years ago.
Amazing teachings. Thankyou. I am a product mgr and I thought I had a good grasp of product development and delievry over time. But your perspective is super interesting. Hours for years and minutes for days. It make sense...and probably why most of us let a year slip by without achieving much. It gives like for like context to a goal! Howany training courses can I do in a uear to up my game....? Measuring in hours is sooooooo much easier. And flipping GENIUS. thankyou thankyou thankyou.
I'm gonna make a time management planner book based on your explanation boss. Thanks Ryan
1. Time allocation capacity
2. Discipline to sustain the course despite not having incentive
3. High leverage opportunities
Levers: content, technology, code, skill
After watching this video I don’t cook anymore, I get takeaways delivered. I don’t walk, I levitate. I don’t think, I thought.
Love the video…the only thing I would argue..especially when you are young and don’t know what is your dream/passion/what you want to pursue…learning SKILLS is more important than simply trying to solve problems. You need skill sets to solve certain complex problems.
Learning new skills/skillsets is also very challenging and great for character/self development during your teenager years, 20-30s
Then you become a beast and can go entrepreneur mode if you want time freedom
this is actually a game changer...
every wanna-be-entrepreneur must watch it.
Spread the love and share the video :)
A bro I breed killers check my dogs out @SuperiorPresa
The concept of Hidden Time Wealth blew my mind. It’s like finding a cheat code for productivity and defeating procrastination.
Agreed with this, don’t forget other goals that you want to assign time to… like time to enjoy life.
In my business, I measure business in €days, meaning, how long is how much money invested blocked from being invested again. Multiplying time and money to a new unit of measure requires rethinking a bit, but it’s really useful to make sure time is always part of a decision.
this is interesting can you elaborate?
It is a complicated topic that I took from Goldratt, referred to as throughput-dollar-days and inventory-dollar-days. It’s in his later books, I think necessary but not sufficient…
Imagine you have an order portfolio and deliver 95% on time; great. But what is the 5% is half of your revenue and that is 30 days late? Just looking at money is also not correct, because obviously one day late is way better than 3 months late. A better measure is thus to measure dollar-days late.
For investing, same thing. RoI look only at money or time when the investment is done, but not how long how much money is tied up. What you want to know is how fast your money is working for you, because faster return for high values means much more money faster. To make business cases comparable for both time and money you have to multiply the time and money parts. 100K with 3 months return is better than 200K with 9 months return, because you can do the 100K 3 times in the same period (obviously be careful of the flaws that you may not be able to do the first three times and potentially lose the second altogether if you prioritize the first).
I hope I’m making some sense ;-)
friends is your hope
Ryan is so unwavering. ❤
After this video and given my own situation, I have a couple things that got me wondering. Here we go:
You elaborate on the strong contrast between being an entrepreneur and working for a boss. What if there was something in between? I am a project manager in a big corporate company with generic company goals (bring the product I am responsible for to high volume manufacturing). There are some guidelines, but generally I can do it however I feel like doing it. Meaning, I can apply the time rules you mentioned to a certain extend. My team, however, consits of a mix of people, providing a variety of results. How would you deal with checking updates on ongoing issue resolution items? I want them to remain the owner (so I am not pushing it out of them), but still now the status when I report to high management.
The second item I'd like to address is work life balance. How do you take that into consideration with your 1000min/4000h rule?
Writing this comment cost me 20 dollar, it better be worth it.
I love this. I know in my heart that I'm capable of generating a really great income and building a business with unlimited scalability potential, but I've let fear stop me from doing some of the things you outlined in this video. My line of work, my business, has truly unlimited potential, because I deal in the resale of vintage and antique furniture using an online platform that has a national audience. I just subscribed to your channel and will continue to watch and get inspired to let go of my trepidation. This 1000 minute rule is a great way to see things and to understand how important it is to leverage my time. Thank you for these videos!
This is a fascinating video. Sure, we've heard the "your time is valuable" idea before, always a good reminder though. However, I think the most interesting idea in this video is the leveraging & scaling one. What problem do we want to solve, and how do we find people to solve them? No matter the career or life you have, this is the main solution.
people always started somewhere
Loved how this video got suggested to me as I am laboring over an email I was writing to hire a production assistant for one of my concerts. Was stressing about the added expense, but your video helped me reframe it into actually buying time and bandwidth to focus on getting my own task done well. Phew… email sent and assistant hired ✅📧
Thank you❤
Great work Ryan one of the few truly great empowerment leaders..The Broker of Brokers. There's no such thing as too much swagger..
8 year business owner here. Advice in this video is trusted tried and true
I’ve been binging your videos and loved watching you make it on Bravo. I have two years running my business and am now certain of the fact that I will meet you one day (and purchase real estate). The goal is to constantly expand our minds and desire to be better and do more while we are here. Remaining motivated through the ups and downs are challenging. Remaining disciplined is a must! Thanks for sharing your developmental tips for success. Now back to work I go!
I subscribed immediately. I’m a million dollar listing addict. My favourite by miles is the New York one. With out a doubt Ryan is my favourite. He always makes me laugh. What a personality. Even when he’s mean I forgive him. Imaging being an actor with the stars before doing this for a living. Amazing
🕰️Your 1000 minute rule is truly game-changing, thanks Ryan!🚀
Honestly it is, just like CHRIS RYAN STEWART'S, 20-20-20 saving and investing rule, game changers
Chris has gotten quite popular in this space, I remember when he was starting out with Nate, impressive, The market involves a whole lot of risk and he recognizes that and best believe this is the main reason for his long term success
Yeah, I've been working with Chris for two years now , since his CNBC interview, he's been providing entry and exit points on securities I focus on and I haven't regretted it so far, he's exceptional
Am I the only one Wondering who this chris is? 🤔
Do your research, Chris Ryan Stewart is a portfolio manager, investment and savings advisor, has demonstrated expertise in investment strategies and has been involved in managing and providing guidance globally,
Ryan, big congratulations on the HBS case - this is huge because the case will likely be taught to 1,000’s of MBA students around the world in the years to come and you will be making a difference through their actions on their professional and personal lives. Thank you for sharing your time management mindset in the video as well!
So glad you found it valuable :) make sure to subscribe!
This is one of the best life / business videos I have ever seen. As someone who is constantly looking into learning new skills, considering the solutions to the problem first and then gathering skills is a much better approach. Thanks!
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision,it’s important to keep your guard’s up for economic risks.
However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular coach you using their service?
"Carol Vivian Constable " maintains an online presence. Just make a simple search for her name online.
"Carol Vivian Constable " maintains an online presence. Just make a simple search for her name online.
Wow Serhant was used in a case study at Harvard… that’s crazy
I'm an CEO of educational platform, I'm really scared cause this is my first time, like all of them depends on you, I love your video, I was always thinking I have to use my skills to help each one but now I had only to figure out the problem and find a way to solve it, now I can use my 4000 hour in a wisdom, thank you 🙏🏻
I attract all I need and want effortlessly without stressing about time ✨ live in the now - life is to be enjoyed 🥰
Their focus is always inward on and ensuring that things run effectively. Their focus is on healthy competition. Not worrying about what people are doing in their private lives unlike mediocre people who are VERY interested, curious, nosy and interfere in the privacy of others watching, listening and even going as far as commenting, making it known that they’re intruding.
They do not look inward because their lives are chaotic and they wouldn’t know where to start if they started to fix their own lives. That’s why they focus on literal strangers, as a distraction from their own failures and capability. The stranger are of course people who they have no contact with, have never known or been friends with.
However SAD it may be, that’s some people’s life. No hobbies, friends, career, goals, motivation, dates, love, character, personality or personal growth. Just spending time time wasting, watching everyday go by, doing the same shit every day, getting nowhere and amounting to nothing. At work, you see tangible results of your work.
When you focus on others who are smart enough to think for themselves and have no interest in thinking on your behalf because they have no plans of being in contact with you, you shoot yourself in the foot and do you know who does that? Stupid people.
Lots of time math and a shift in perspective with this one ☝️ & sweet that Harvard wrote a case study on you (and gave you an A haha). Kudos! 👏
What an amazing video. You just brought things to a point of truth. Well done. Everybody has a bag of time-coins and every minute of your life you spend, you give one coin away out of the coin bag. Until you give the last one. This is how important time is. Other people can give you their coins as well, as they work for you. So the question is how we use our coins AND other's coins.
And here we have an example of true love, of a man for himself.
I appreciate your perspectives and learn a few things here. Can you share more about enegry management as well? As a mother-preneure, I would like to know how I can show up from a place of overflow instead of depletion in motherhood and also in business. Thanks in advance!
Hello Anvo9263 As a Certified High Performance Coach for mompreneurs I've been thinking about and working on the best way to help moms with this very issue. I can do it in one on one my coaching, but I want to create a freebie that summarizes this very thing. Thank you for validating that there is a need and desire for such a thing...I've got work to do!
Incredibly helpful in understanding how to better manage my time more effectively and to treat time as currency not to waste away. Enjoyed your content and delivery of it! Thank you.
I’d really appreciate your feedback on how I have allocated time per day below from what you’re saying about the 4000 hour rule allocating 1000 minutes a day to my goals.
4000 hours = 240,000 minutes
Per year.
Assuming a standard 5 day work week, this leaves 250-260 work/business days, excluding weekends.
240,000 minutes / 260 days = 923 minutes per day everyday Monday to Friday to immerse myself in being productive.
That is 4615 minutes per week to allocate
Lots of words, but still don't understand anything than simply to better utilize your time, which everyone should know to begin with.
Love the new refreshing perspective on time management. Now if you allocate those hours into different energy buckets and just focus on one project at a time you are flying 🚀
Flying I allocating those hours on lifestyle management to a concierge or P.A
This video makes me change my mindset definitely. I am going to solve the problem on my community!
Let's go!
As a stay at home, homeschooling mom I do not have a 1000 hours in a day, a week, or even a month. I cannot delegate the cooking, cleaning, laundry, teaching, mothering, and being a wife (husband's need time too) but what I have been able to do is be persistent and determined with the scraps of time I have. Now eight years later I'm nearing the end of a writing project. The concept of being aware of time and how we use or allocate is great. Wish I understood the principal when I was younger and single. But for those of us who are demanded upon, being wise and persistent with our scraps of time produces amazing blessings.
Agreed! I always say that we’re planting seeds in this mom season with the time that we have and when harvest season come, we’ll rise up - as we always do.
You have just described my life to a T! I’m homeschooling, running the house, teaching, I also work part time and am trying to start another business from home- it’s exhausting but I wouldn’t have it any other way! It’s just the season I’m in.
Thanks for breaking this down!!
Exceptional effort, great focus, bad habits, average mindset, good standards.
I think it’s interesting that I have a level for every lever and I can clearly see how my habits and mindset need to improve to maximize my potential. Great vid…..that book called atomic habits in my kindle that I haven’t finished could be a great start
Beautiful advice. Find a problem, solve it and jackpot. Thanks a lot.
The concept of breaking down your day into minuets is mind opening indeed. However, I dont know where you came up with the number 1000 minutes. 440 minuetes are less than 8 hours. Who on average only needs less than 8 hours to sleep + eat + commute + shower + bathroom?
It's helpful! Thanks!
I think we should contact her
Loved the way you broke down time management into daily and yearly perspectives. It really makes you think about how every minute counts! The concept of time as currency is a game-changer. It's a great reminder to be intentional with how we spend our time.
Fantastic video stressing the importance of time as our most valuable resource! Managing the day in minutes and the year in hours is a game-changer for productivity. Love the focus on solving real-world problems and leveraging time for value creation. As a business coach, I'll be sharing these practical insights with my clients.
Dear Ryan:
I hope this finds you well. Your perspective is an excellent way or fantastic perspective of how to interpret time. However, just because you like disagreements, I argue as follows. Your argument is that time is finite and necessary to solve problems. However, your argument does not consider a skill as a requirement to solve a problem. Thus, if you master a skill, you can quickly solve many of the same issues. For example, depending on your skill, you can solve a million-dollar problem in one second or 3,000 hours. But It is also rare to solve million-dollar issues rather than just minor ones. Therefore, if you have a fantastic skill like solving hunger, poverty, or crime, you do not get rewarded the more often you solve it; you get rewarded if you solve it.
Finally, your skill could transcend time, meaning one lifetime may not be sufficient to solve crime, poverty, hunger, or health issues, but you can leave a legacy and, on the way, be rewarded.
All I am saying is to chase the problem, not the bill-note (there is a counter-argument to this).
I am interested on responses.
Sincerely,
Edwin
Love your vids
Love Your Art @MARKOOOOOOOOO!
The real reflexion is: “what do I really do each day to reach my annual goals?” Each day=a year. Take care of your daily time
I didn't expect a 10 minutes video could completely change the way I looked at TIME.
You waste a MINUTE, you lose a DOLLAR. Wow! Thanks Ryan!
You can’t really manage minutes because that’s not how your brain works. But everything he said was true, spot on
where's the link to the study?
Thank you Ryan, awesome video!
This feels very solopreneur focused but people building great things need great teams.
I don't want this to come off as combative, and maybe I'm missing something here, but in one breath, we're downplaying employees as just clock-watchers, and in the next, we're talking about scaling-what, in a vacuum?
From where I stand, after years on both ends (working for bosses and building my own large companies) thourgh extreme market conditions, this kind of talk screams 'reluctant leader.'
It feels like you view employees as stepping stones, not as amazing individuals to collaborate with. A great team is transformative for everyone, teams, leaders, and customers.
This just struck a nerve, and I had to share.
I'd love to know more about energy and focus management next!
Practical wisdom! Well done!!
would love content on how to choose the right people for your team, how to manage them and scale.
Coming right up :) Make sure to subscribe to see it!
@@sellitsalestraining already subscribed 💥
I did a little math... we sleep for an average of 8 hours a day (at least we are supposed to)
27,375 days x 24 hours in a day = 657,000 hours total
8 Sleeping hours x 27,375 days = 219,000 sleeping hours total
657,000 hours total - 219,000 sleeping hours total = 438,000 waking hours total
438,000 waking hours total / 24 hours in a day = 18,250 waking days
We have 18,250 waking days... not 27,375 days
Someone correct me if I have any of the math wrong... I am human after all. lol
Finally someone did it
I wonder how much time it takes him to gel his hair?
Ever time Ryan says the word „time“ you need to drink a shot 🥃
😂
Say no to everything that doesn't move you toward your goals. Keep first things first.
This video deserve more views. Its gold
Man... This is one of the best videos I have ever come across. You are incredible Ryan. Thank you and God Bless You!
Absolutely useful. Thanks for sharing this with your audience.
getting the business going enough to where you can afford a team is the really tough part
I'm a former procrastinator (just stopped after watching this video) 😂 This was the most insightful video on time management and its a perspective I've never thought about...thank you! You look like this guy from a real estate show i used to watch back in the day
Wow, great stuff, great advice. I am the first one in my family to go to college. A few family members have had their own businesses but did not understand how to "scale up" the company. So they remained a "one-man show" for their entire lives. I don't want that for myself. How do you approach hiring other people to perform a specific part of your business? How do you know what the ROI will be and if it's worth it?
Love this! Just ordered your book 👊
Incredible info in a succinct delivery. Very great use of time.
Glad it was helpful!
ok so this is great we know theres 24h. 8h sleep = 16h of time to do things.
Plan your day all you want but if your depressed or not motivated its hard to do anything or make it worthwhile. Time management isnt the problem. We all can organize a great day.
The problem is not all of us are willing to do the work.
Thank you sir 🎉
You have definitely inspired me ❤ God bless you and your family 🙏
Wow, this is powerful. Thank you.
That’s why low ‘iq’ runs the world
watched for the second time, too. Love the section after 7:30 mins. please make a short video including that part where you talk about learning skills vs. solving problems as entrepreneurs. love it soooo much.
Yes we agree you communicated effectively a very important point! Thank you!
This guy's a genius. You should incorporate A.I. into your time management mastery Ryan! 🚀
OMG, thank you for this video! Greatly appreciated.
I loved your book SO much! 👏🏼
Great explanation..thank you boss❤
440 minutes is only 7 hours not enough to cook eat and sleep and spend time with fam in a day.
Instead Use 8 to work for someone then 8 to work on yourself (health, wealth & social life) and 8 to sleep
Here's my comment: you're gorgeous and funny and the opposite of a boring AI generated robot! Love you, homie. Great video because of the expertise, humor, and empathy!
Does someone know where the link is?
hbswk.hbs.edu/item/cold-call-ryan-serhant-how-to-manage-your-time-for-happiness
A bro I breed killers check my dogs out @SuperiorPresa
As a Business Presenting Instructor I have to say bravo, we’ll done. Actually, almost technically perfect. Of course the content is extraordinary and I’m glad you’ve done well for yourself. But your seeming perfection does a number on my primitive brain. It says “something is wrong here”. The primitive brain is pretty stupid, it just says “yes” or “no”. The rest of my brain says “this guy is a bundle of amazing techniques, can he be real?” And the primitive brain just keeps saying “no”. “But I WANT to believe what he says”. “No”.
Here’s the unsolicited advice… Ryan, you are SO GOOD, now work on being real. Tell your story. Give examples. When did you screw up? How did that push you towards your answers? (Etc…)
Ah minor point…..the Ken hair doesn’t bode well for authenticity, at least not for me and a couple other entrepreneurs out there.
I say this because I actually WANT to like you, even though you probably don’t care if I do. That’s a rhetorical win in my book.
I like this type of content
Awesome!