Career & Business Coaching Blog.
Inspiration and tips for multi-passionate creatives & entrepreneurs.
45 Minutes a Day to Make Your Dreams Come True
We all have dreams. We all want to be successful in life and at work, and we all know - on a conscious or unconscious level - that the decisions we make can move us forward what we want or hold us back. What if I told you that just one decision could make all the difference? And I'm not talking about deciding to drink more water or eat better. That's good advice, but it doesn't make a significant difference in your life (at least not that quickly).
I want you to imagine for just one minute what would happen if you decided to start working on your dreams - no matter where they take you - just 45 minutes a day. What if I told you that's how I wrote a 300+ page book in just over a year (371 days to be exact), will read 52 books this year, am teaching myself Spanish and started a new business on the side?
In this article, we'll explore how understanding the opportunity cost of wasting your time watching TV, on Netflix, scrolling through your phone together with the power of the compound effect will alter the course of your entire life.
As usual, the formula is relatively simple: find your time wasters and commit to replacing 45 minutes of wasted time with proactively working on your dreams. It's the execution that requires a little support, practice, and perseverance. I often find that understanding the mechanisms of our behavior helps to steer us in the right direction. So let's dive in.
What is opportunity cost?
We all have the same number of hours in a day. Yes, some of us have more help and support than others, making more of those hours available for the important stuff. But still, every one of us wastes time. Whoever says otherwise is a big time-wasting liar!
What this means is that every decision has a price. Opportunity cost is the loss of other alternatives when one alternative is chosen; it's what you are giving up to get something else.
Opportunity cost can look like this:
Watching TV instead of reading a book
Spending time on social media rather than learning how to play an instrument
Falling down the research rabbit hole instead of taking a practical step (aka doing something)
Worrying about a project instead of starting it
Wasting time binge-watching another Netflix series instead of writing the paper that's due tomorrow
All these things might seem like trivial decisions. They're not. When you make poor time choices, what you're leaving on the table is nothing less than your dream life. To grasp this enormity, we must first understand another concept of time: the compound effect.
What is the compound effect?
The compound effect is a concept that states that all small actions and decisions in life will have the opportunity to grow into big rewards. Although applicable to every aspect of our lives, this concept was first applied in the financial field. When talking about investments, compounding is the ability of money to generate more money, which is then reinvested or remains invested to create even more money.
A famous example is that of compound interest: the earlier your start investing, the more return you'll get for the same amount of money as someone who starts later in life than you.
The compound effect and your dreams
The compound effect isn't only applicable to money. Because everything we do requires time, it's relevant to EVERYTHING:
Spending 20 minutes every day exercising can add up to a fully toned body over a year if you maintain this habit. This same action could also make you healthier and happier, which will lead to more opportunities in the future.
Reading for 30 minutes a day, every day for a year can add up to over 60 books a year! The time you spend reading each day is short, but it adds up quickly and gives you new knowledge and life opportunities.
Writing for 45 minutes a day every single day can add up to over 100,000 words in one year. Imagine how much you could write if you commit yourself to this simple daily practice. I'm living proof that it's possible!
Now let's take this concept back to your dreams. Spending a little time each day on something worthwhile will produce incredible results.
45 minutes a day to make your dreams come true
Things start shifting when we put opportunity cost and compound effect together:
Identify 45 minutes of time wasters you can do without
Work on your dreams every day for that amount of time
Using the opportunity cost concept and the compound effect for your benefit is as simple as replacing 30 minutes of scrolling with writing or 15 minutes of thinking about something. Remember that opportunity cost comes from every decision you make in your life while compounding means doing the same small thing over and over again every single day.
You might not know this, but these concepts are already at work in your life. Every time you're scrolling through your phone, your compounding your knowledge of what's hot or not on Instagram or Facebook, all the hours you spent streaming series make you a champion at Netflix trivia.
There's no way to escape these forces from being at play in your life, so you might as well use them to build your dreams, don't you think?
You know you need to make a change in your life, but you keep putting it off.
Maybe you're not sure what the next step is or how to get started. Or maybe there are too many options, and it feels overwhelming. Whatever the reason, I can help! I offer personalized coaching services that will guide you through every step of making positive changes in your life so that you can finally start living the way YOU want to live!
Let me help take away all those feelings of overwhelm and confusion so that together we can focus on creating a plan for success for you and push past any resistance or procrastination holding you back from achieving your goals!
5 skills (you can start with today) to work less and achieve more
Among the many ways that can help to work less and achieve more, there are 5 skills that I live by.
Don’t get me wrong, there’s so much information out there! Courses, blogs and advice that offer great value, but what will truly make a difference? Which resources are helpful for you, and what *you* want to achieve today?
I might not have the perfect answer, (which doesn’t exist anyway) but I do have the experience as a professional coach and Smart Work™ Expert to share that my clients come to me feeling overwhelmed and exhausted, and leave feeling less distracted, more calm and more productive.
The recurring theme, distilled from more than a thousand coaching hours, is that time management, productivity, and the confidence to achieve a level of success that seems unreachable, are at the heart of working effectively.
Working less but achieving more means just that: achieving a state where you’re not scattering your energy anywhere and everywhere, all the time.
It’s about knowing and differentiating between what should receive your energy and attention and what needs to be discarded or stopped. Before you can do that, you must develop a higher level of self-awareness.
5 Skills to Work Less And Achieve More
#1 Seek Clarity
Being crystal clear with yourself requires a level of honesty and transparency that can be challenging. Defense mechanisms can get in the way. “I wasn’t late, the bus was,” or “I can’t invest in my own goals, things are just too busy.”
Be honest with why you want to grow, and if you’re willing to give up outdated habits, and beliefs. Replace them with a crystal clear vision of who you want to be, and what you want to achieve. Ask yourself: why do you want to achieve this, and are you ready to commit to change?
#2 Prioritize
Precise arrival at the right time is quite a different feeling than running late, packing frantically, sweating in the Uber ride and being the last one at the meeting. This might be the feeling you carry with you along every task you undertake. The frantic overwhelm and anxiety. It’s the result of miscommunicating your priorities to yourself. Wanting to get too much done affects this, as does focusing on the wrong things and mistaking them for the right ones.
Track what you’re doing: sleeping and eating habits, people who drain and fuel you, where you’re losing your time – social media? Binge-watching shows? Shopping online? Prioritize the things that are important to your future self and not just the person you are right now. Ask yourself: are you willing to sacrifice short-term gratification for long-term success?
#3 Manage Yourself
Life has peaks and valleys, and you cannot control every external happening. However, you can manage your inner state. Your reactions, emotions, and attitude to what happens day-to-day.
If you have a difficult time with patience, you might be draining yourself of mental energy because you spend more time stressed out than choosing calm as a response (did you know you have that option?!). Ask yourself: are you willing to admit your growth areas, start on a new plan for addressing them, and how to overcome them?
#4 Boundaries
There’s no such thing as #SoulfulProductivity without a focus on boundaries. When was the last time you said “no” confidently? As women we tend to be “yes” people because we’re nurturing and accommodating.
But where do you draw the line? How do you prioritize if you feel you *must* say yes all the time? Ask yourself: are you ready to say “no” and not feel guilty? Are you ready to put yourself first.
#5 Less stuff
Being able to do less and achieve more, means reassessing the mental, emotional, physical and digital landscape that is your life. The ways and spaces you interact with on the day to day. Materialism is making us sick, social media is affecting our mental health, and our sleep. The psychological benefits of tidying up are proving to be great (thank you Marie Kondo!), so take a good look around you.
Start with decluttering where it makes sense to begin. Take a digital detox, Marie Kondo your home, or clean up your computer. Making space actually promotes new energy, less distraction, and stress from the important tasks you do want to accomplish.
When you have a laundry list of to-dos, life or work gets overwhelming.
Trust me I was there, and I did a lot of trial and error to find tools, tips and tricks that actually work to get you off the hamster wheel of productivity! I left the corporate world to pursue a more soulfully productive way of living. I even teach about it here. I followed my true voice because it grew too loud, too frustrated and – honestly – too exhausted.
The truth is: you have to clear time to make time! If you want to prioritize yourself AND improve your well-being, you *must* create space so you can invest in yourself.
The 5 skills you must practice to work less and achieve more is not a quick fix, nor is it a gimmick. It’s also not an easy road – at first. Once you’ve mastered those 5 though, you’ll get more focused time to tackle some of life’s bigger challenges that are getting in the way of being soulfully productive.
Once you have mastered those 5 skills, everything else will flow naturally and easily into place.
Until then, practice them as often as you can. Start small, start today, and let me know how it goes!