Transcript
A (0:00)
So, hey, guys, listen. We're all trying to get more productive and the question is, how do you find a way to get an edge? I'm a big believer that if you're getting mentoring or you're in an environment that causes growth, a growth based environment, that you're much more likely to grow and you're going to grow faster. And that's why I love Growth Day. Growth Day is an app that my friend Brendan Burchard has created that I'm a big fan of. Write this down. Growthday.com forward/ed. So if you want to be more productive, by the way, he's asked me, I post videos in there every single Monday that gets your day off to the right start. Got about $5,000, $10,000 worth of courses that are in there that come with the app. Also, some of the top influencers in the world are all posting content in there on a regular basis, like having the avengers of personal development and business in one app. And I'm honored that he asked me to be a part of it as well and contribute on a weekly basis. And I do. So go over there and get signed up. You're going to get a free tuition, free voucher to go to an event with Brendan and myself and a bunch of other influencers as well. So you get a free event out of it also. So go to growthday.com forward/ed. That's growthday.com forward slash ed.
B (1:03)
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A (1:31)
This is the Ed Miler show. All right, welcome back to the show, everybody. So today we're going to talk about time. I think it's probably one of the most important topics you can possibly cover because it's the one thing you can't get back in life. It's every single second that goes by in your life, you have fewer and fewer of them remaining. And I want to talk about it today because I think over the years it's been one of the great keys to me amassing, you know, the amount of wealth that I've been blessed to acquire. Things like this podcast, the businesses I built, relationships, friends, et cetera, has a lot to do with the way that I view time and it's an interesting topic because I've taught it for many, many years. There's actually a couple funny clips on social media of me teaching it where I misspeak a couple times about it. And I don't think most people that see those clips know that I've built hundreds of millions of dollars strategies in my own life and built a bunch of businesses and been blessed to help a lot of people. And I think the way that you view time matters. And so I'm going to go through a couple principles with you today and then I'm going to show you some strategies on managing your time, managing your day that I think will serve you. And hopefully I can do it in a way that is articulate and makes sense. So the first thing I want you to know is that I think in the top three keys in my life the last 30 years has been my viewpoint and the way that I manage and I think manipulate and use time in my life. And so we all have the same 24 hours in a day, we all get 60 minutes in an hour. But how we use them and how we look at them means everything for a few reasons. Number one, what is scarce in life is valuable. And so when you believe that your time is valuable and you treat it as if it is a scarce commodity because it is that all of a sudden other people begin to treat you and that meeting and that time with you as if it's more valu. And so just off the top, you beginning to value seconds and minutes in your day matter. This isn't one of these things about being superhuman and working all the time? Listen, I take a lot of time to rest. I love Netflix and chill days. I love laying on the couch. If you knew me very well, you know I'm inherently an actual very lazy person. When people meet my family, they'll say, what's it like living with him? And they'll have to go, probably not what you think. I love to relax. I love to not not work. I love that. And so because I'm that way, I had to build rituals, disciplines, viewpoints and structures around time to make sure that I was hyper productive and successful. Because left to my own devices, I would not be successful. I would not be productive. And so I've run something called Many Days now for many years. It was a concept I was taught more than 30 years ago by a mentor of mine. The idea of it comes from this premise that as technology has increased, our way we view time should have changed with it. Yet if you think about of all the constructs of society, the one thing that's really never changed is our perception of efficiency, our perception of time and how we manage it and use it to our advantage. And so it is really something that's pretty silly. When I was a kid in school, if I wanted to do a report, I had to get my mom and dad to drive me down to a library. I'd have to go into the library, search for the book, write it out by hand out of a book, then go to a typewriter and type it. If I mess up one letter, you got to rip the page out, type it. Took forever to type a report. Now could just go on the Internet and type it. They can get ChatGPT, they can download. They can get all the information that took me hours and hours and hours, sometimes weeks, to do in 30 minutes. So that day should look different in the way I perceive time, and what I think I can get done in an hour should be different. And so I started to look at days differently. Meaning, have you ever had a morning where you go, man, I crushed it. I got so much done. I got more done this morning than I can get done in most days, most weeks, sometimes. Well, that's true in almost everybody's life. So why not start to look at time differently, in other words? I also think one of the fallacies nowadays is that meetings need to always be an hour long. Well, why is that? I mean, if I have Zoom, I could maybe do a meeting in 30 minutes that used to take an hour, right? So these things, we should start to look at our time differently. You know what hit my account today? One of the alerts from Rocket Money. I'm not kidding. You happened today, probably, like me, you have probably signed up for something that you've forgotten about, and they're dinging your account every single month. Whether it was like a trial period that ended. Now you're getting clicked on your account, but month after month, you're probably paying for things that you don't intend to pay for or don't even realize you're paying for. And these subscriptions keep clicking away, but you're not using them. And Rocket Money is a personal finance app that helps you find and cancel unwanted subscriptions, monitors your spending, and helps you lower your bills so you can grow your savings. Rocket Money has over 5 million users and has saved a total of $500 million in canceled subscriptions, saving members up to about $740 a year. When using all the app's premium features, cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to Rocket Money.com/mylet today. That's RocketMoney.com MyLet RocketMoney.com MyLet this show is sponsored by BetterHelp. So what do you want your 2025 to look like? Think about that for a second. Every January brings you 365 blank pages waiting to be filled and in 2020, ready for a plot twist. Maybe there's a part of your story you've been waiting to revise. And if you ask me what all the guests on my show have in common, not all, but most. They go to therapy or have been to therapy in their life, including me. Life isn't about just sort of navigating things on your own. It's about picking up a pen and being the author of your own story and have God's blessing in your life. Think of therapy as your editorial partner, helping you write new chapters and create the meaningful joy you deserve so you don't just keep writing the same chapter over and over again. Better helps fully online, making therapy more affordable and convenient. They have over 5 million people worldwide already using them. Access a diverse network of about 30,000 credentialed therapists. Write your story with BetterHelp. Visit betterhelp.comedshow to get 10% off your first month. That's Better Help. H E L p.comedshow so I started running something called Many Days Many many years ago. Now again, before I get into this, let me be very clear. A regular 24 hour day for me many times is I am laying on the couch all day Sunday after church, watching football, doing nothing else in my sweats. That's a day. And that could also be one of my many days. So please don't think this is some personal development. Oh, we work and grind all the time. It is not that. What I am saying is it's insane to look at time the same way now that we did even 30 years ago. Pre Internet, pre chat, GPT, pre Google, pre text message, pre email, pre mobile phone. I'm old enough to remember that I would have to go to my house and there was a rotary phone. We could only have one person on the phone at one time and I would have to dial and hope you were at your house to pick up. I remember before there were answering machines. This is how old I am. Then we went to pagers, then we went to cell phones. It's crazy that the same time would be measured the same way when now everybody's reachable so Having said all of that, what are these many days? My first day starts from 6am to noon. And in my mind I, in this day and age should be able to get done in those six hours with someone 30 years ago, took them 24. And so I manage a day that way. And so it's 6am to noon. Now sometimes that entire time is doing nothing, like you do on other days. But oftentimes I try to get the most meetings, production, working out, fitness, fun, spirituality in that window of time. Here's what it's called, guys, compressing timeframes. That's all this is. You're compressing timeframes so that you begin to view it differently. And so the other thing it does is I measure differently. So now that day ended at noon. Most people at the end of a day, a 24 hour day, take an inventory. What did I get done? What did I not get done? What did I miss? What do I need to double down on what went well? What am I grateful for? Right? So they do that at the end of a 24 hour day. I just do it at the end of my six hour day. So there's a clock that kind of just goes off now in my head around noon every day. In fact, I'm coming up on it at the time. I'm recording this in about 15 minutes. It just subconsciously, it's like an alarm. It kind of goes off at around noon. I go, okay, what did I get done today? And I look back at it and I'm grateful and I take an inventory. What did I miss? What do I need to double down on? Did I not get a chance to relax or whatever it might be? And then my second day starts from noon to 6pm and this is another day in my mind of getting things done and productivity, work, et cetera, working out, relaxing family, friends. But I've shrunk the timeframe down. Why that matters is a few reasons. Number one, I'm more efficient. I'm also measuring and giving myself an evaluation and a course correction more regularly than most people do. But more importantly, maybe myself and everybody around me values my time differently. Values my time. I'm in a little bit bigger hurry, I'm a little bit faster. Things with me became more valuable to myself and other people because it was more scarce. Diamonds are worth more than paper because they're more rare. When you have rarer time, you become more valuable. You begin to walk and talk and behave like a successful person, maybe even before the results are there because of the way you're looking at time. So my second day is noon to 6pm and in there I want to get whatever it is. Maybe it's a whole day of fitness, maybe it's business and work, maybe it's family, but I've now used those six hours. Would you agree with me that based on technology, compared to even 30 years ago, you ought to be able to get far more phone calls or text messages done in an hour now than you did 30 years ago? Would you agree with me on that? So why is it that you're still measuring time like they did then? That just seems silly to me. And so I am now using those six hours as a day in my mind. And then at 6pm I kind of have a little clock that goes off again. What did I get done, what did I not get done, what am I grateful for, etc. Etc. And what do I need to double down on? What did I miss? So it gives me an other chance for evaluation, for reflection, for awareness. And it just happens really quick. And then the third day is 6pm to midnight. And of course in some of that window you're sleeping, you're sleeping. I go to bed at 9pm, so that day is not as long, just like a normal 24 hour day. You're not awake the whole 24 hours, but somehow that's a third day. And in that day I'm compressing timeframes, I'm being efficient. Many people will tell you I hear back from ed a lot. 7:30 at night, 8:00 at night. A lot of times that's when I return emails and phone calls. And by the way, a lot of times for me it's having a cigar and a bourbon and I'm returning 30 calls. But I'm using that as a day, right? And so now I got three days in one day. And so I begin to give myself more opportunities to be efficient, more opportunities for efficiency, more opportunities for me and the people around me to perceive my time as more valuable. And I believe I am running time in my life according to what technology provides it to. I'm under no illusion that everybody needs to do this, but I can tell you it's been significant for me. So by the way, at the end of a given week, I've had 21 days, so to speak, for evaluation, for reflection, for recalibration. I've shrunk meetings down to where they're more efficient. This has nothing to do with being superhuman or crazy or 10 million cold plunges or any personal development mumbo Jumbo. This is just having time catch up to technology and the way it's measured and calibrated to some extent, the way that you manipulate it. And again, we all the same 24 hours. We all have the same 60 seconds in a minute. But at the same time, how we use them has everything to do with how our life. You show me your schedule, and I'll show you your life. You show me how you use your time, and I'll show you how happy you are, how fit you are, how wealthy you are. And I say this again, I've been blessed to create hundreds of millions of dollars of net worth and, you know, and help lots of people in my life. And it's certainly not because of my talent level or my iq. It's because of the way that I've used my time. Now, there's other factors, but one of it is I've just looked at my life differently also as a person who struggled with health later in my life. Now time is more important to me. Family, how I use every minute. I'm blessed for another day, every day. And so for me, it's. Time is precious, and I want to make sure that I'm using it to my advantage, that it doesn't use me. And I think it's an archaic idea to measure time like everybody else. If you're going to get a life that's different than other people, you've got to do something different than other people. And one of the things you can do different is just to begin to think and use time differently. And maybe it's not my mini day concept, but for me, it's a great hack to exploration of productivity, prosperity, peace, success and bliss. You know, one of the things that this also does for you is I start kind of looking at, like, shaving minutes. So, for example, I try to do things that would Normally take, say, 30 minutes. I try to schedule them in 20. I think you will find out that a lot of things that you think take a period of time if you just give yourself the construct of a smaller window. So one of my routines, for example, is that when I'm training and working out, I'm really timing what I do in between my workouts. I realize that in the gym, there's a lot of empty time of conversation that's not productive. And so I now work out with headphones on. I don't have conversations. It's just me. It's just the way I like to train and work out. But I just. I always want to feel efficient. I Want to feel neat? I want to feel like what I'm doing is what greatness is. And if average and ordinary people are kind of wasting minutes, what does that do? At some point, you know, have you ever had a conversation with a friend and they left the lunch, or you left it and you went, gosh, that wasn't what I was hoping it was. Or a date or a talk with your children? And it's the worst feeling in the world to feel like you wasted time, isn't it? And I don't want to waste time in my life, particularly as I get older and I realize there's only so much more time left. You know, Jesse Itzler and I talk about this a lot, but when my dad was alive, Jesse asked me, he goes, how many times a year do you see your dad? And my dad at the time was 70. My dad, I believe, passed at 75. And I said, I forget the exact number, but I ended up saying, you know, I see my dad, like, four or five times a year. And so Jesse said, well, then if he passes at 75, I'm paraphrasing here, by the way, but he passes at 75. You don't have five more years with your dad. You have 20 more visits. And then it got us Jesse and I talking, and he and I have this running thing where I'll text him and go, hey, man, we've got 20 more summers. You know, we've got 15 more Septembers or whatever it is. And when you begin to look at it differently, it becomes so precious. Also, the people that you meet with become more precious and valuable. You begin to take more of life in. When you evaluate time, you do. It doesn't just fly by. You know, when I was eight years old, I didn't think about time. But when I started to, I remember when I turned 30, I thought, my gosh, I'm so old now. You know, I'm 30 years old. I remember when my mom turned 30. And all of a sudden, as you get older, everybody listening to this will. You'll attest to this. Time becomes more precious. And when you add a little health issue like I've had to it, it really does. And so every moment matters, every second matters. You know, one of the great blessings you and I have right now is we're still here. We're still here. You know, 170,000 people didn't wake up today. And that doesn't just affect them, but their families and the people that love them. Literally over a million people today have been affected by the fact that someone didn't wake up today. They don't get another second. They don't get another minute. And you and I do. And shouldn't we start to appreciate those minutes more? God's given us all these blessings of technology that can shrink time. And we still think about a day the same way we did 30 years ago. Shame on us. Time is precious. People are precious. Today you woke up. Today I woke up. Let's make the most of the day. Let's start to look at every hour as if it counts. Let's look at every day as if it counts. How about every person as if they count every meeting? What if more and more this meeting meant something because it's scarce? This meeting meant something because we don't have forever to have them. How high is the interest rate for the new Laurel Road High Yield Savings Account? This high.
