Posts Tagged ‘time leveraging’

Cooperating With Others To Speed Up Productivity

Wednesday, March 10th, 2010 by Alan Yu

For the past few weeks it could have definitely been helpful if I had an extra set of hands to get certain things done. Of course the easiest way is to simply hire some part time help but I am one to always try and find ways that you can make the solution sustainable where you are not reliant on one source to help you out. Not only that, but since that costs money obviously you will need to introduce a new stream of income to fill that in. The other solution is to just not do as much and therefore that will relief the load on you.

I always try to think of any people that could help me do tasks that would not trouble them too much. Example, instead of having to travel to a store to get some kind of stationary I would try to organize it where if a friend or family member who worked right next to one and I knew they always passed by the area they could help me grab the item instead. I am usually enthusiastic about helping others in a similar scenario too.

Another thing I have been doing is to exchange services with other people. Example, while I may have the right resources to quickly handle web related tasks another person might have the resources and capabilities to do printing and courier tasks. Therefore, I can simply pass off those tasks and vice versa where the both of us can have more free time afterwards.

While people do this all the time in a traditional business to business setting it can be a very frugal way to save money too as a long as everyone keeps it to a minimum where it is more of a mutual benefit as opposed to a situation where you are entirely reliant on the other. In those cases it would be better just to pay each other to avoid potential hassle. But for the sake of saving money it can work out very well.

Business Strategy Around Your Lifestyle

Tuesday, November 18th, 2008 by Alan Yu

I was talking to a friend today as we have a business idea that we are currently trying to flesh out. One interesting topic that was brought up is how the both of us want to create the business where we won’t be tied down in a traditional sense such as having to be at a specific location in order to conduct operations.

As a result, for a lot of the ideas that came up we had to throw in a factor on whether or not we could manage the idea remotely through say partnerships with other companies as well. A lot of people would find this a little unorthodox as usually you should just focus in having a great idea and then a plan to make it happen while having to sacrifice a lot until you make it.

At the same time, if the idea was originally created as a supplemental item, then making sure that it will fit in your lifestyle is just as important to make sure that the idea won’t be stuck on the shelf I’d say.

Valuing Time

Wednesday, November 17th, 2004 by Alan Yu

Often enough, I would meet people who seem to have it all under control in terms of finance. With their high paid executive jobs or their established business, it was like a non stop cash flow. However, one thing that they never seemed to have enough of is time to do other things in life. Similarly, I remember when I was working virtually every day to no end as I got used to falling into a routine as it satisfied my current financial needs. Eventually, I started thinking about my future and how if I complained that I don’t have enough time to do things now, imagine how it will be when I go into the next phase of my life such as starting a family.

While reading about stories of other financially successful individuals, the one’s that seemed to be able to take the vacations when they want and arrange schedules to suit their needs are one’s who have learned to leverage their time. For example, a manager of a store would most often need to achieve certain sales numbers and he or she does this through the efforts of everyone below them. This was a revelation for me as I realized that I to must find a way to leverage my time if I was to ever be able to do the things that I really want to in life. One of the first things that I did was that I made my money work for me.

I started up my Internet site and I began to utilize my marketing skills to generate traffic which then translated into income through methods such as running various affiliate programs. Basically, I leveraged my time through my site as it was like my personal employee who was working 24/7 to help promote my products and services. While there are many other ways to create an income stream, your time is valuable and leveraging your time to accomplish this is a great way to ensure that you will always have time for other things in life.