The Daily Mastermind
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Episode 765 · Apr 24, 2023

Time Management: How to Value and Invest Your Most Precious Resource

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George Wright III opens this episode of The Daily Mastermind with a direct challenge: most people let their days slip by without ever addressing their true priorities. If you have ended a week wondering where the time went, or if your calendar is full but your goals feel distant, this conversation is for you. George's core message is clear and simple: your time is your greatest asset, and until you treat it that way, you will never spend it wisely.

The principles George covers here apply whether you are an entrepreneur, an investor, a small business owner, or simply someone who wants to build a better life. Time management is not a productivity trick. It is a foundational mindset shift that changes everything downstream.

Why Time Is the Great Equalizer

One of the most powerful points George makes early in the episode is that everyone starts with the same amount of time. Wealth, connections, and talent all vary. Time does not.

"We all receive the same amount of time. Whether you believe it or not, you absolutely can control where you spend your time."

Most people treat time as something that happens to them. George reframes it as a resource you can choose to spend or invest. Spending time means reacting to whatever comes at you. Investing time means directing it toward the relationships, work, and habits that compound into the life you actually want.

The Budget Mindset: Tracking Time Like Money

George draws a direct parallel between managing money and managing time. You would not let your paycheck disappear without knowing where it went. Yet most people have no idea how their hours are actually being used each day.

The fix is not complicated: track it and budget it. Identify where time is leaking. Set limits on low-return activities and protect the blocks reserved for your highest priorities. George's rule of thumb is simple: what you focus on grows, and what you ignore disappears.

Being Intentional With Every Hour

"You need to protect your time like it's your last few dollars in your bank account."

Being intentional means making deliberate decisions about when, where, and what you will work on before the day starts. Without a plan, your schedule fills with other people's priorities. George is direct: if you are responding all day to whoever knocks on your door, you are not in control of your time. You are spending it on someone else's agenda.

He acknowledges that owning your schedule is not always possible immediately, but it is the destination you work toward. His own flexible schedule is the direct result of years of disciplined, intentional time management.

Practical Strategies to Take Back Your Day

George offers a set of concrete tactics, each one actionable today:

  • Set goals and keep a planner. If you do not have a written schedule, you will waste time by default.
  • Prioritize activities that align with your vision. Not everything that feels urgent is important.
  • Use time blocks with clear start and end times for each task. This prevents projects from expanding indefinitely.
  • Take strategic breaks. Stepping away between tasks lets you reset your focus and return with clearer intentions.
  • Delegate or eliminate anything that does not align with your unique strengths and purpose.
  • Plan ahead. A day that is not mapped out the night before or the morning before will drift off course.

The Phone Problem (and What to Do About It)

George is particularly direct about smartphones. Checking your phone first thing in the morning is one of the fastest ways to lose control of your time before the day even starts.

"Don't wake up and check your phone. Give yourself 30 minutes at least, because if your time gets captured by your phone or by your email or by your text or social media, you are not going to be in control of your time."

He recommends checking email only after your top priorities are completed, and monitoring your weekly phone screen time to see exactly how much time apps and social media are consuming. Awareness alone often prompts immediate change.

The Compounding Benefits of Good Time Management

Beyond productivity, George connects intentional time use to overall quality of life. When you manage your time well, you reduce stress, create more opportunities, improve your health, and bring your goals closer to reality. These are not abstract promises. They are the natural outcome of treating your time as the valuable asset it is.

He also highlights sleep as part of the equation. Taking a few minutes before bed to quiet your mind through meditation, journaling, or prayer helps you sleep better and wake up more prepared to execute.

Action Steps

  • Accept, right now, that your time is your most valuable asset and begin treating it accordingly.
  • Build a daily schedule in advance and protect your priority blocks from interruption.
  • Set a rule: no phone or email until your most important work is done for the day.
  • Review your weekly phone usage and cut one low-value activity that is consuming your time.
  • Identify at least one recurring task you can delegate or eliminate this week.

Managing your time is an act of discipline, but it is also an act of respect for yourself and for the life you want to build. Start this week by making one or two of these changes, stick with them, and watch what happens. As George says, what you focus on grows. Focus on your time, and your time will grow. It is never too late to start living the life you were meant to live.

READ THE FULL TRANSCRIPT

All right, welcome back to The Daily Mastermind, George Wright III with your daily dose of inspiration, motivation, and education. I hope you're having an amazing day today, and I hope your week is off to a great start. I want to talk to you a little bit about your time today, but I also want to remind you that consistency, creating mental discipline requires consistency, and that's one of the reasons why we have the Daily Mastermind podcast, right? I put this together so that you could get your daily dose of inspiration, motivation, and education to help you to create your best life. And so let's start today to talk about your time because I really believe your time is your greatest asset. Now, let me ask you a question. Have you ever felt overwhelmed with your day? Have you ever felt like your day just got away from you? You wonder sometimes how you never get to your actual priorities, but your day is just full of activities. Have you ever felt like, you know, you have no idea where the day went. Well, I'll tell you what, everybody's felt that way. But most importantly, do you ever feel like all this time passed and you didn't really accomplish the goals and priorities that were most important to you? Well, when I say we all felt that way, we have, but it's part of the process of navigating this busy, fast-paced life, especially if you're an entrepreneur, an investor, a small business owner, or even a high achiever. So today I want to talk to you about becoming more productive and intentional with your time. When I consult or I mentor companies and individuals, one of the biggest obstacles holding people back is their time management. Admittedly, they tell me that that's their biggest challenge. So what I wanted to do to get your week started off right, and I wanted to talk to you about this because I know that if you think about the stuff that's important at the beginning of the week, you're going to carry it through the week. because if you're just going through life and continuing the pattern of looking back, wondering where your time went, you're going to be filled with regret. You're not going to be as successful as you'd like, and you're definitely not going to get your goals, dreams, and desires. So what I want to emphasize is first and most importantly, your time is your greatest asset. It's the great equalizer. Think about it for a minute. We all receive the same amount of time. Whether you believe it or not, you absolutely can control where you spend your time. And so you have to believe that it's your greatest asset in helping you to achieve your goals. You can't, you know, look, most people can waste their time. They can spend it. They can let it slip by or they can invest it in things that they will create ultimate reward and return on their life and on their goals and their dreams and desires. So you have to think about are you going to spend it or are you going to invest it Now you can invest to build your time in relationships creating an amazing business invest your time into increasing your activity, your passive income, you know, or you can let it go to waste. But until you realize and accept and decide that it has value for you and that it is the most important asset you have, you're never truly going to value it. And therefore you'll never spend it wisely. You've got to learn to budget your time just like any other asset. You've heard me say this before, what you focus on grows and what you focus on, you will attract. When you don't value your time, it gets wasted, it gets spent, it disappears. And you can seem to have these overwhelming days, but just like your paycheck or your money, you've got to track it, you've got to budget it. So for now, let's just do this. Accept that your time is your most valuable asset and treat it like that and you'll see a major, major shift and change. The second thing I want to mention is you need to be intentional with your time. Now you need to be, you got to make specific intentional decisions of when, where, and what you're going to spend your time on. Have you ever thought about it that way? Most people don't think about it as an asset, so they don't think about where they're going to spend it. You need to protect your time like it's your last few dollars in your bank account. How are you going to spend that time each day to create that return of your best life? Right. So let's talk for a minute just real quick about that, because I know what some of you are thinking. You're like, George, easy for you to say. You own your own business. You make your own schedule. And yeah, that's true. But it's not always been that way. And it's partly because I learned to spend my time wisely. And so, you know, you see, people think that they think that, you know, people that have the extra just had it. But the truth is, my free time and flexible time is a direct result of working hard, of managing time, of creating a return. Sometimes the best return you can get on your time is more time. And this only comes from working hard and being intentional with your time. You cannot just spend your time haphazardly every day, you know, responding to the whims of life and everyone else that knocks on your door and comes in and asks for things. because you're never going to free yourself up that way. Life is a trap that buries you in the mediocrity of an average existence. So you have to break out of that pattern that you're in. You have to break out of the thinking pattern that you don't have any time because it simply isn't true. You just choose to spend your time a certain way. You can totally change things about your day. But you got to remember that we all have 24 hours a day and you probably sleep a third of that time away you know if you like most people So you know Tony Robbins has said and he quoted many times that everything in life is productivity And it all comes down to two things, either resources like time and money or resourcefulness, your ability to desire change. And ultimately, it all boils down to, in my opinion, resourcefulness. because if you become resourceful, you're going to find time and you're going to find money. I really truly believe that. Besides, what have you got to lose? It's time to start making some changes and getting your time back and starting to live your best life, right? That's the reason that you're listening to this podcast. It's the reason that you're a high achiever. So let me just give you some tips and some ideas to get your thinking going on how to create more productivity and time in your day. Now you've heard a few of these before, but I really want you to assess your life and pick a few of these that you can commit to start doing and making changes with right away. You know, set some goals. Keep a planner or a schedule. If you don't have a schedule and you're not living by a schedule, you absolutely are going to waste time. Also, learn to prioritize your activities. Make sure the activities you're investing your time in match the vision of what you want to create for your life. And then the other thing is set time limits. How often have you jumped onto a project, but you haven't actually set a time limit or time chunk or time block like we've talked about? Another thing, and this might be counterintuitive, but take breaks between different things you're working on. Sometimes we stretch too much time into a project, but if you take breaks, it'll allow you to reset and set new intentions like Brendan Burchard talks about. You've got to reset and then refocus on new intentions. Another thing you might want to do is you just might need to get more organized. You might need to do what one of my mentors has told me over and over again, delegate or eliminate. Analyze your time. If you're not analyzing your time, you don't know where you're spending it. Delegate or eliminate things that don't feed your purpose, that are not aligned with your unique talent. The other thing is plan ahead. If you're not living to a schedule that you've planned ahead and you're just letting the days evolve as they evolve, guess what? They're going to evolve out of control. They're going to evolve out of your control. And that's the most important thing. And here's some obvious ones that definitely need repeating. And I'm going to really double down on these. Number one, don't wake up and check your phone. Give yourself 30 minutes at least because if your time gets captured by your phone or by your email or by your text or social media, you are not going to be in control of your time. Number two don check email till your top priorities are completed Don check your email until your top priorities are completed That why some of the most successful people out there either check it you know afternoon or they don check it at all They have an assistant do it for them Number three, monitor your phone time by checking your weekly usage. I've mentioned this before. Have you looked to see how long you're on the phone? I'm talking about with apps, with messaging, with social, whatever it is. Monitor your phone time because you should be chunking your time in direct proportion to the value of the priorities you have set. And then lastly, take time before bed so that you can sleep better. What I mean by that is take a little time to yourself, quiet your mind, meditation, journal, prayer, whatever it is that you need. Make sure that you take time before so you can sleep better and be intentional with your sleep time. Now, these are all ways you can get better return on your time, and they're going to lead to much more productivity in your life. and as an added bonus when you start managing your time better you're also going to receive a ton of benefits in the quality of your life let me just make sure you understand this what i'm saying here when you manage your time better your quality of life gets better you lower stress you get more time right you you have more opportunities you have better health your ability to realize your goals is more real and so many more benefits so there are a lot of tangible and intangible benefits that you get by prioritizing your time. So managing your time and setting clear, intentional direction with your time and where you're going to invest it is something I truly want you to think about this week. And so I hope these ideas and strategies are ones that will inspire and motivate you to value your greatest asset, your time better. But I also hope you'll begin to be more aware of what you do at any given moment so that you can invest your time wisely and so that you can begin to live that life that you were meant to live. It truly takes discipline. It truly takes consistency. And even though your schedule may seem out of your control, I promise you, I promise you that you can get it under your control when you start to analyze it and focus on it because what you focus on grows. That's my message for today. I want you to do me a favor. If this is your first time listening to the podcast, hit that like and subscribe so you don't miss anything this week. But also, I would love, it would mean the world to me if you guys would share this podcast. Share it with at least one person so that if you feel like you got value out of it, others can as well and we can grow the community. I don't run ads on the show at all and I do that because I just have done this for my benefit, for your benefit. I want to bring you the most value. So share the show. It's the only way that we grow it. And that's the message I have for you today. I hope you have an amazing day. Once again, my name is George Wright. The third has been The Daily Mastermind. Talk tomorrow. Thank you.