Other parts of the miniseries:
Winning the war for time–Part 1
Winning the war for time–Part 2


Estimated reading time: 3 minutes, 29 seconds.

EntreGurus-Book-Learning to Lead-Fred SmithTODAY’S IDEA: Winning the war for time–Part 3

— From Learning to Lead: Bringing Out the Best in People by Fred Smith (1915-2007)

So far we’ve been learning how to win the war for time, from Learning to Lead by Fred Smith. In yesterday’s post, Smith shared his views on investing time as well as earning and demanding respect for our time from others. Today we’ll look at ourselves.

An important point that Smith makes in the war against wasting time is that of our personal habits: “Not all time losses can be blamed on other people. Some things are entirely within us.”

It is helpful if we review our habits every so often, as they can sometimes “deteriorate without our realizing it, until they are hurtful instead of helpful.”

The first mention in the list of worst-offenders is orderliness. At first glance, this looks like a virtue, yet it is necessary to clarify the distinction between being organized versus being orderly: “People who are too fastidious turn orderliness into an end rather than a means—and that takes a lot of time. It’s much more important to be organized.”

Another habit that is not helpful for our time is that of perfectionism. We must guard against perfectionism and be aware when it appears. “Very few things in this world are worth perfecting, and it takes an enormous amount of time to perfect anything.”

Smith makes a distinction: “If you’re perfecting something because you feel… that it needs perfecting, that’s one thing. But if you’re doing it so people will say how good you are… or because you’re afraid of criticism, that’s wasteful. You must decide the degree of perfection your work requires.”

If you are a recovering perfectionist like I am (#NotProud), check out this post on moving forward imperfectly.

Another bad habit is that of overcomplicating the execution of our gifts, thus delaying delivery time on them. “Most people do not really appreciate what they can do best because it’s too much fun! They have [a concept] of work that says it’s supposed to be difficult. This makes a person’s specialty feel like leisure or entertainment, not ‘work’—and that becomes a trap. Fast isn’t always bad.”

Besides these time-wasting habits, the author explains what he calls the three temptations that also drain a lot of time. They are:

  • Procrastination: “A lot of procrastination is based on our fear of action. We review and review and review. […] Time means nothing if you don’t have the energy to focus.”
  • Rationalization: “Trying to prove to yourself you weren’t wrong. It would be so much easier to say, ‘I messed up.’ […] That would save a lot of time.”
  • Indecision: “Many people can make good decisions but they won’t. Because that means putting their ego on the line.”

Also, it goes without saying, but our health is paramount to be able to use our time well. “If a person is sick twenty days a year, that’s an obvious time loss.” While we cannot control getting sick or injured, we can definitely take good care of ourselves to enjoy, overall, a healthy existence, and for our bodies to heal promptly when needed.

As another point in the war plan for time, Smith mentions the need for time out. “I guard two things in life: savings and time alone. I simply must have two days every so often to talk to nobody.” And besides taking the time to be alone, relaxed and refreshed, “time with just a few special people is also strategic.”

We’ve come to the end of this miniseries on winning the war for time. These are the ways in which Smith maximizes the opportunities, not just to save time, but also to use it wisely, profitably, and get a return on his investment. Which one of them resonated the most with you? Let me know in the comments here.

ACTION

TODAY: Examine your personal habits to see if they enable you to use time wisely or if they contribute to your losing time.

FUTURE: Change those habits that are no longer helpful to you. Here are 5 Strategies for eliminating bad habits and 6 Techniques for Installing Good Habits.

Know someone who is always battling time? Please share this post or the whole miniseries with that person. Thank you! Email, Facebook or Twitter.