What are your highest payoff activities? Sad to say for many people it may be easier to answer this question: What are your lowest payoff activities?
Either one – it is your choice – take a few minutes and write down – yes write like with a pen – your answers. Start out with three for each question. Feel free to return later to add in more onto your list. Want to see the value? Once you complete these go right to the bottom of this article where noted.
My Highest Payoff Activities Are:
- _______________________________________
- _______________________________________
- _______________________________________
My Lowest Payoff Activities Are:
- _______________________________________
- _______________________________________
- _______________________________________
Now that you have this information here is what you need to – no correct that – MUST DO! Schedule to spend more time on your high payoff activities. Schedule, hire in or eliminate your time spent on low payoff activities. No two people are going to be alike. There will be a few common threads.
Typically a high payoff activity will be in one of your main areas of focus. For your business this may mean sales calls, closing the sale, delivery of your product or service and accepting payment. In your personal life this may mean a date with your spouse each week on date night. Keeping your relationship alive and thriving. In your spiritual or faith area this may mean attending church or leading a bible study class or both. In your community maybe you volunteer serving meals in a shelter a few hours a week or a month. These may be high payoff activities for someone.
For the low payoff activities it is easiest to spend a week or two writing down how you are spending every fifteen minutes from the time you wake up until the time you go to bed. You may find the amount of time spent in front of the TV to be on the top of your list. The amount of time on the internet without a purpose or a plan may be a close one to the TV depending upon your age. Include time on social media and this includes utilizing your smart phone and this will easily come into first place. There is nothing wrong with spending time on Facebook, Twitter, Instagram and other social media as long as there is a reason, a purpose and a plan. Otherwise schedule to limit the amount of time you are willing to spend in this arena. Three hours goes by very quickly and these hours never come back.
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Now calculate the value of your time! Every hour you are spending in the low payoff activities is like you are robbing yourself! Do you fully understand? Go back now and read the article if you skipped that part.
Mitch Tublin is an advanced, certified coach, business consultant and speaker based in Stamford, CT.
Would you ready to work with Mitch to identify your high payoff and low payoff activities and how to leverage yourself and manage your time more effectively CLICK HERE.