CHAPTER 8:

Time is the most valuable resource you have. Unlike money, you can't earn more time—you only get 24 hours a day. Millionaires understand this, which is why they use their time wisely.

Why Time Management is Key to Wealth

✅ Time is more valuable than money – You can always make more money, but you can't make more time.

✅ Millionaires focus on high-value activities – They spend their time on things that create long-term success.

✅ Discipline creates freedom – Managing your time well allows you to earn more and enjoy life.

How Millionaires Use Their Time Differently

●They Set Clear Goals – Every millionaire has a vision and a plan.

●They Prioritize Their Time – They focus on tasks that bring the most results.

●They Avoid Wasting Time – No endless scrolling on social media or unnecessary distractions.

●They Delegate and Automate – They don't do everything themselves—they hire or use systems to save time.

●They Schedule Success – They plan their days with purpose.

●The 80/20 Rule: Doing More with Less

●The 80/20 rule states that 80% of results come from 20% of efforts. Millionaires identify the smallest but most important actions that lead to the biggest financial rewards.

Examples:

✅ In Business: 20% of customers bring 80% of profits—focus on them.

✅ In Investing: 20% of investments will create 80% of your wealth—choose wisely.

✅ In Daily Life: 20% of tasks bring 80% of success—focus on them first.

How to Manage Your Time Like a Millionaire

✅ Wake Up Early – Many successful people start their day before others wake up.

✅ Plan Your Day the Night Before – Know exactly what to focus on when you wake up.

✅ Avoid Time Wasters – Reduce time spent on distractions (social media, unnecessary meetings, TV).

✅ Use Time Blocks – Work in focused sessions (e.g., 90-minute deep work sessions).

✅ Outsource & Automate – Use technology or hire help for tasks that don't require your attention.

Action Steps: Take Control of Your Time

✅ Track how you spend your time for one week.

✅ Identify 3 activities that waste your time and reduce them.

✅ Set a daily schedule with clear priorities.