Tired Of Wasting Your Time? (Watch This)

Summary

In this video, Sam Evans introduces the '8020 Power Grid' tool, which helps track weekly time allocation across various activities, categorizing them by monetary value per hour. The tool aims to increase productivity by encouraging viewers to focus on high-value activities and eliminate time-wasting habits.

Takeaways

• 📊 The '80/20 Power Grid' is a tool designed to track and categorize the value of time spent on various activities throughout the week.
• 🔄 The concept emphasizes the importance of doing less but doing it more effectively, rather than spreading oneself too thin across multiple tasks or distractions.
• ⏱️ Time is divided into categories with different monetary values per hour, ranging from negative values for detrimental activities to $100,000+ for high-impact decisions.
• 💡 The tool encourages self-observation and tracking of daily activities to understand where time is spent and to identify areas for improvement.
• 🚫 Negative activities, such as excessive drinking or hanging out with negative people, are likened to losing money due to their long-term detrimental effects.
• 📉 Zero-dollar activities include mindless scrolling on social media or watching non-educational content, which offer no return on the time invested.
• 💼 The script categorizes tasks like running errands or replying to emails as '$10 per hour' activities, which are necessary but not highly valuable.
• 📚 '$100 per hour' activities are suggested for personal and professional growth, such as solving client problems, reading, and taking courses.
• 💰 Higher-value activities like capital allocation, incentive engineering, and system building are placed in the '$10,000 per hour' and '$100,000 per hour' categories, indicating their potential for significant long-term gains.
• 🌱 The speaker shares personal anecdotes about eliminating negative habits and focusing on high-yield activities as a strategy for business success.
• 🔄 The iterative process of tracking, analyzing, and adjusting one's time allocation is presented as a continuous journey towards increased productivity and success.

Q & A

What is the main message of Sam Evans' video about productivity?

The main message is that productivity is about doing less, not more. Sam emphasizes that trying to do everything and using too many tools and methods can lead to burnout and achieving nothing. Instead, focusing on what truly matters is key.

What is the 8020 Power Grid tool that Sam Evans introduces in the video?

The 8020 Power Grid is a tool that helps track where your time goes each week. It categorizes activities based on their value per hour, allowing you to see how effectively you are using your time and where you might need to make adjustments.

How does the 8020 Power Grid categorize activities?

The 8020 Power Grid categorizes activities based on their perceived value per hour. It ranges from negative $100 per hour for activities that harm you, to $100 per hour for activities that are beneficial, and even up to $100,000 per hour for high-impact activities.

What are some examples of activities that Sam categorizes as negative $100 per hour?

Activities such as drinking alcohol, smoking weed, eating fast food, hanging out with negative people, worrying about what others think, avoiding problems, and breaking promises are considered negative $100 per hour activities.

How does Sam define activities that are worth zero dollars per hour?

Zero dollar per hour activities are those that provide no value or benefit in the long term. Examples include watching Netflix, checking Facebook and Instagram, scrolling through newsfeeds, and playing video games unless it's your job.

What are some $10 per hour activities according to Sam?

$10 per hour activities are basic tasks that are necessary but not particularly high value. These include running errands, buying groceries, cooking meals, cleaning, attending meetings, replying to emails, and social media messages.

Why does Sam emphasize the importance of eliminating negative activities?

Sam emphasizes eliminating negative activities because they not only consume time but also have long-term detrimental effects on your life. By removing these, you can focus more on high-value activities that contribute positively to your life and goals.

How can the 8020 Power Grid help in making better time management decisions?

The 8020 Power Grid helps by providing a clear breakdown of how time is spent each week. It allows individuals to see where they are wasting time and what activities are truly beneficial, enabling them to make informed decisions to improve their time management.

What is the significance of the long-term perspective in the 8020 Power Grid?

The long-term perspective is crucial because it helps individuals understand the compounding effects of their daily activities. While some activities may not seem impactful in the short term, their long-term consequences can significantly affect one's life, either positively or negatively.

How can one access and use the 8020 Power Grid tool?

The 8020 Power Grid tool can be accessed through a Google Sheet. Users can make a copy of the template, save it to their Google Drive, and start tracking their time weekly. It's a flexible tool that can be edited and shared with others.