Now it was on the verge of getting uncovered to me. I'm listening on the edge of my chair as Jim Rohn was going to share the best kept secrets of the rich.

He had found it and now he was about to disclose it.

Rich individuals have approximately twenty-four hours in a day and poor people had twenty four hours in a day. Both have equal time however it is the final result which is different.

So what made the difference? Time management.

I don't like to utilise the word time management. You can only manage something you can control. You cannot control time. You can't add more hrs or control what is gonna occur. I like to utilise the term time maximizing.

Maximizing that 24 hrs. Time is more valuable then money. It is your most significant asset. All of us begin the day with twenty four hrs. No more no less.

It's what we do with that 24 hrs that will form our lives. Once it is gone, you cannot turn back and get it. You can always get extra money but never additional time. There is no time bank to give you time. You invest it, spend it or perhaps waste it.

The instance you start to think of time as precious, a resource and that it has a price, the richer you will get.

Here are 10 secrets of the rich:

1. Learn to say NO

This is the most effective time maximizing term.

2. When you work-work and when you play-play

Do not combine the two. Give it your all while working however once your business obligations are done, take some time to play.

3. Know your peak hrs

Discover your most worthwhile time. Plan your most demanding business activities at the time of your peak hours.

4. The phone is for your convenience

There is no rule that says you've to answer the phone or give out your mobile number. If you do not have an assistant, make use of caller ID, answering machine or voice mail to display you phone calls. Return them at your convenience. This is applicable to both business and family time.

5. Make use of one calendar - Day Planner

Make your day planner the center location for your details. Keep track of business expenses, both business and personal appointment, telephone conversations, meeting notes, to do list et cetera.

6. Know the value of an hour

Take the total amount of hrs you work a week and multiply them by fifty. Now take your present annual income and divide it by those hrs. That is your hourly value.

For example: You work 30 hrs a week. 30 x 50 = 1500. Your income is $100,000. Divide $100,000 by 1500 and you get $56.67. Your working hr is worth $56.57. Do the same for your desired income.

7. Appoint someone or delegate it

Are you really saving cash doing it on your own or is costing you money?

8. Have a game plan

Always schedule your day before you start. This is gonna take great discipline. Once you have learned that proceed to planning your week, then a month, 3 months, six month, and than a year.

9. Take care of Interruptions

Place a do not disturb sign on your door. If someone insist on disturbing you with an issue, have them write it out with three possible solutions before meeting you. Don't forget to turn the Television off. Television is a great time interrupter. Actually it is a good time stealer.

10. Organize your work place and home

Disorganization and messiness can weigh you down. You'll get more done if you are organized. This may take more time in the beginning to set it up however will save your time over time.

So there you have the secrets of the rich.

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