Your life is precious. How much time do you spend watching sports events played by people who don’t even know you? How much time do you spend watching television shows or movies that don’t ultimately matter?
Sunday is a day off for most people, but often not for people in the real estate industry. They’re out doing open houses, showing homes, writing contracts, writing offers. Our team works a few dozen open houses every Sunday. But a lot of real estate agents do take Sundays off.
I recently read that the average American watches over 5 hours of television a day. That adds up to 35 hours a week — that’s another job’s worth of time every week!
I’m going to spend at least 4-5 hours on my business today: working on new marketing plans and calling strategic partners. It baffles me that so many people out there in real estate, in other industries, complain that there’s not enough time, that they can’t get ahead… and yet the average American watches 5 hours of television a day.
I’m not saying you need to work every moment; it’s always important to spend time with loved ones. But when you do take time away from your business, is that time well-spent? Are you watching football, watching TV, doing things that don’t give you quality time with your family, don’t build your business, and don’t improve your life?
Here’s a small example of how you could spend spare time, even as a student.
One night I tested spending an hour looking for the Bird scooters, those dockless scooters everyone rides. At night, Bird pays people to charge the scooters. You sign up online, they mail you the chargers, and you switch the app to “Capture” mode.
Braden (my three year old) and I spent an hour looking for scooters to charge, founnd three, charged them and put them back out in the morning — earning $20. We made it fun. I’m trying to teach my 3-year-old something about money and work.
And it just got me thinking: I spent an hour and made $20. What if somebody did that for 10 hours a week? That’s not much time; that’s less than a third of the time the average American spends watching television each week. If I did that for 50 weeks per year, taking 2 weeks off per year, that would add up to $10,000 a year. Let’s say you did that from age 20 to age 30. By age 30 you’d have $160,000-$170,000. If you invested that money and got about a 10% return, by age 60 you could have $2.5 million dollars.
So my question for you is: Are you wasting your time? Are you missing opportunities right in front of you to improve your life and make money? Are you missing out on chances to invest in your business so you can deliver more value to customers, getting more value back in return?
Your time is valuable. Invest in yourself, invest in your family and loved ones. Invest in helping others.
Here’s my challenge to you: How could you invest even a little of the time you would spend watching TV into something that makes the world and your own life better, even in some small way? Look for these kinds of opportunities, and you will find them.
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