Several months ago our team and I had the privilege of attending a life changing conference. One of the big takeaways was this concept of measuring every value proposition by one of your greatest resources, time. We are often so naturally tempted to always ask, “how much does it cost?” The real question is in the valuation of time. The more accurate question is “How much time is this purchase costing me?” Jim Rohn said it this way, "Time is more valuable than money. You can get more money, but you cannot get more time." Here are 3 quick principles on time management.

I. Toggle It.

Business is a science. When you work the plan, manage your time and operate under accountability, good things will always come about. One tool that was a game changer for me as a leader was utilizing the App Toggl. This has allowed me to track where and how I spend every minute of the day. This also allots me the opportunity to do a full analysis on the productivity of my time. At the end of every week, I put the “white lab coat” on and scientifically break down my week.

II. Delegation Leads To Jubilation.

Peter Drucker says it this way, “Do what you do best and delegate the rest.” The art of delegation goes beyond merely assigning tasks; it involves empowering your team, optimizing productivity, and focusing on strategic leadership. Adopt a trust-based approach, resisting the urge to micromanage. At the same time implement a system for regular updates and checkpoints that can help secure accountability. When you can spend at least 50% of your time operating in your genius, you will begin to experience momentum. It may cost you more time on the front end, but can save you a multiple of 10x on the back end.

III. Calculate Your Time In Dollars.

How much does the new Television cost? Well, Best Buy has it is on sale for $1,900, but is that really the cost? Consider the value proposition in terms of your greatest resource, time. If you were to watch 8 hours of television per week that would be 416 hours per year. If you make an average of $25 per hour then the new TV actually cost you $10,400 in hours spent + $1900 = $12,300. Let us then approach time with reverence, manage it with wisdom, and invest it in pursuits that bring growth, fulfillment, and lasting success.