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Tag: Time

  • Time Worth – Finding Out How Much Value of Your Time

    Time Worth – Finding Out How Much Value of Your Time

    Hello guys, welcome to today’s blog today we are going to talk about your time worth, costing your time, don’t you think your time is very important and precious. Hence, Time is the luxury which can’t be measured in words of money. So, Today we are going to see and work of your time. Hence, The game of time is measured for all at the same path. Like everyone got 24 hours in a day that is universally applicable. So, How do you measure this 24 hours like people( Bezos, Bill Gates, Buffett, Mukesh Ambani, Richard Branson and you).

    So in the meantime, you have understood so everyone got the same time in this universe. So how to make it worth every pennylet’s continue in the blog and find out

    WHAT’S IN IT

    Calculate a Better Value of Your Time

    Time Worth

    Time is valuable with money because The money spent can be earned again. But the time once spent can never be earned. So, There is a common saying that time and fever awaits no one. This is as true as the existence of life on earth. Meanwhile, Time goes on continuously without stopping. It never waits for anyone.

    So, we should never spend our precious and priceless time at any stage of our life without purpose and meaning. So, We must always understand the meaning of time and use it in a positive way to fulfil a purpose. Hence, We should learn something from this constantly moving time.

    If it runs regularly without any restriction, then why can’t we walk. So If we do not do our routines at the right time, then we can lag behind others in life. So, If we want to do something better in life, it requires proper commitment, dedication and full use of time.

    Audit Your Time worth For Week Days

    This is just like the dreaded tax audit that your business gets occasionally. So, Doing a time audit is identifying the details of how you spend your time. Hence, There is often a huge difference between how you think you spent your time. Compared to how you actually spend your time during the day. So, Doing a time audit will let you know exactly where you are wasting your time.

    This will help you to make the necessary adjustments to your schedule. In addition to that, you get more work done, but in less time than you usually do. So, You must track your time usage for at least a week. Any information gathered, can then be used to make necessary changes in your workday. This will help you to be more efficient. Trust me, knowing how to properly use a time audit will do wonders for you in the long run. You will also have more free time to spend with your family; it’s a win-win situation.

    Productivity = Time Worth

    Time Worth

    Before going to bed, We always have to take out time to prepare for tomorrow To make the Time productive, the most important thing is that we should focus on One Task at a Time. Even we have four tasks in a day but the work you have to divide in time. At that time, focus your 100% on it. You don’t have to think about the next and previous work at all. Because of this, your quality time will be on only one task.

    If you work in this way, your time will be produced every day because you have focused on only one work at a time,

    Some of the basic tips to convert your time into Productive Time

    • Structure your free time
    • Keep a time diary to see what you’re doing wrong
    • Think about what matters most to you
    • Focus on high-leverage activities

    Time = Happiness

    When people say they want more time, what they often mean is that they want more memories. When people say they want more time, they also mean that they want more time spent doing things they are happy about. Few people want more time tacked on to a prison sentence.

    Someone counting minutes as he’s stuck in a traffic jam might say he wants more time, but he wants more time outside his car, not inside it. Otherwise, why count the minutes? Time is just time, but we perceive it differently based on what we are doing, and our mental state. In any case, people with all the time in the world know that happiness is a worthy goal. Because how we live our hours is how we live our lives, being happy with our lives means being happy with our hours.

    Whether those hours are spent in a Waffle House or elsewhere, strategic investments can help us consciously design our lives to make us relaxed about our time or, if not happy, at least less unhappy than we would be.

    No matter how busy we think we are, it is possible to savour life’s best moments. Happiness can also, be measured in many ways. There’s life satisfaction, which is how you think life is going overall. With the right habits, we can live efficiently and effectively, and yet still see time as abundant

    Wealth/$ = Time Worth

    Time Worth

    While we all have the same 168 hours in a week, The Calculation Time = Wealth refers to the relationship between Time and Wealth, you must use the time you have to earn knowledge and money. It is only when you spend your time in fruitful activities that you will prosper and waste time, doing nothing will drain your finances one day.

    The Calculation Time worth = Wealth is suitable for practically every person in society. Let us consider some examples — a businessman who is late for an important customer meeting understands the value of time better. He knows that time is precious and if he loses time he may have to make business deals.

    Similarly, a student who has the ambition to get a good-paying job after studies understand the value of time more than anything.

    She/He knows that if they waste time and do not study well, obtaining good remuneration will not only be difficult, but also impossible. Time is Wealth for every hardworking worker, professional, businessman, student, etc. A businessman decides how to use his time, while an employee gives his time to pay the employer.

    We are all free to spend our time in the way that we want, but it is also true that wasted time does not allow us to gain our Wealth

    Follow 80-20 Rules

    80/20 principle

    How The 80/20 Rule Can Save Your Life During The Coronavirus Reopening

    This principle is based on the Pareto principle which is openly known as 80/20 principal. Where you get 80 per cent of your results with the 20% efforts or actions. This principle is universally applicable and works for most of us.

    When it comes to productivity hacks it is one of the best things are you serious impact on your life. I am going to share some of the few examples which are real life and you will totally believe in this concept:

    1. Usually 20% of criminals commit 80% of crimes

    2. Sometimes 20% of software problems can fix up to 80% off solutions

    3. Mostly 20% of exercise can have 80% of impact in an athletes life

    4. Majorly 20% of earners PAY the 80% off income tax

    5. Rest 20% of customer give you 80% of the profit.

    So what I am trying to help you out with that if you make a good to-do list implementing this into your list like 80% of your total task on this to-do list will probably only contribute about 20% of your productivity.

    That’s the hard truth. So what you have to do is 80% of task contributes to the productivity which you call that you are busy and you can’t escape should be totally eliminated by automating them or Outsourcing them or removing it from the important list.

    For example, if you are working full time and you have a side business, so it’s obvious that you will not give more time in cleaning a home or doing many things but what you can do is you can hire a cleaning service for your home and minimise the efforts which we are going to give in cleaning your home.

    Eventually, by this, you can do many things like if you are watching TV so remove this type of things which are non-productive and focus more on productivity and productivity task like instead of watching TV go on your business for your own self. Build an 80/20 Habit

    80/20 principle is a habit developed. When I have read this book I thought it is not possible but when we are implementing it really works like you are aeroplane and you have set it on autopilot. 80 to 90% of x give preference to those things which are unnecessary. In some times what we do we develop a bad habit and form it into 80/20 principle like just imagine if you have a smoking habit, but there are times in a DAV where you automatically light a cigarette just because of habit.

    Same is the case with the 80/20 principle what you have to do is you just have to form a habit and then the things will automatically going to do three things. You just have to remove the things which are going on a negative path comparatively complaining gossiping feeling down about yourself these are the negative habits you just have to remove this thing and focus more on the productivity things so your 80% will become the 20% and your 20% will become your 80%. Even when I am working on this I have found that in a relationship status it also works very good like just if you want a loving life from your partner what you have to do is you have to put 20% of the efforts which she usually love and you will get 80% of love from her side.

    Yeah it was really found like your all 20% efforts will make her happy and your 80% efforts will be on your productivity it sounds I know this sounds really great.

    Conclusion

    So guys here comes the end of our blog, today we have discussed the various aspects of your time worth and what is the value of your time can’t be redeemed or replaced with anything. I hope guys that this blog is very useful for you all of you and I made sure that to bring more and more value in your life and in your time.

    Also you can read our blog on To-Do Lists -The Key to Efficiency

    FAQ’s

  • How to get more done in less time: 10 simple productivity hacks

    How to get more done in less time: 10 simple productivity hacks

    Everything in the world is according to the time and as a result nothing is free from time. The truth is that life is minuscule in which we have many things to do, but we don’t know how to utilize time. Due to time management, each one of us has the same hour in a day, but some manage to get things done in minutes, but others might take an hour to do what makes overachievers different?

    They know how to play with time, and they do not waste time, they invest time in time in a good way like they read books, they do exercise, and they do every possible thing to achieve their respective goals consequently we should always remember that time is money, invest in it effectively just like that these achievers do this.

    The most vital reason to have proper time management is that in result we can achieve a lot in very little time, so it is essential to make a timetable and complete the work in less time.

    Proper time management allows you to do more in a shorter period, as a result it leads to more

    free time. Therefore, from which you take advantage of learning opportunities, helps you focus, and lowers your stress, leading to more career success. All you have to do is get the cycle started. Each benefit of time management improves another aspect of your life.

    So, Time management works in all aspects of life. Whether it is to run a business, moreover in student life to work more and score more in the future, time management helps in every sector.

    So it is very wise to use time wisely. Most people think they have much time they can do their work later or afterwards, but they Hence, Don’t waste time, which will never come again as, Time is the most precious, so to do more productive work in less time is essential.

    By using the time productively as a result success will come your way. On the other hand if you fail in your work,

    So, the one who properly has managed time gets more time to correct it. So to do more work in less time, it is very essential to have proper time management.

    So, how to implement the time management in your life so that you can achieve more working in less time, well to clarify there are ten strategies by which you can apply the proper time management in daily life.

    WHAT’S IN IT

    1. Know-How You Spend Your Time

    Time Management

    For instance, start by writing down what you are doing for fifteen-minute intervals for a week or two weeks. Above all, maintaining a time log is a helpful way to determine how you are using your time.

    After that check the results. Ask if you did whole things that were needed, moreover judge that which tasks require the most time, check the time of our day when you are most energized, and analyze where is most of your time in your hands.

    Meanwhile, identifying your essential time-consuming tasks and determining whether you are investing your time in the essential activities can also help you to establish a course of action. Also, having a good knowledge of the amount of time required for daily tasks enables you to be more practical in planning and also estimating how much time is available for some more activities.

    2. Set Priorities

    While activities, when they are both urgent and vital, must be done. It suggests that we spend less time on activities that are not important, so, to gain time to concentrate on activities that are not urgent but important. So, Centralizing these essential activities will allow you to gain greater control over your time, and possibly reduce the number of crucial works, so, that need to be done to become great.

    Therefore, One of the easiest types to prioritize is to create a list. When you require a daily, weekly, or monthly record depends on your Life. But just be careful not to allow the record-making to get out of control and do not keep multiple files at the same time. Rank the items on your and make a list in order of priority.

    3. Planning Tool

    In addition, time management masters recommend using a personal planning tool to enhance your productivity. For instance, examples of own planning tools include pocket diaries, calendars, and books. Certainly, write your schedules, tasks, and memory to free your mind to focal points on your preference. Auditory learners may favor dictating their idea instead. So, The answer is to find one planning tool that works for you and use that tool consistently.

    4. Get Organized

    Time Management

    Meanwhile, Most people find that disorganization results in reduced time management. So to be getting well organized is also a tool which leads to more work in less time. It cut down useless, and the time we wasted. It helps to get more productive work.

    5. Schedule Your Time Appropriately

    So, Mostly use the time for your high priority activities first and protect that time from any disturbance. Hence, Scheduling is not recording what you have to do, but It is also making a time dedicated to the things you want to do. So, A proper schedule requires that you know yourself. Using your time, you should have determined those times during the day when you are most productive and alert.

    Draw your most difficult tasks when you have the most potential. Therefore, Block out time for your high priority works first and protects that time from interruptions.

    6. Delegate: Get Help from Others

    Meanwhile, Delegation by identifying tasks that others can do and selecting the appropriate person to do them.

    Hence, Delegation means giving responsibility for work to someone else, freeing up some of your time for jobs that require your expertise. So, Commission begins by identifying tasks that others can do and then selecting the appropriate person to do them. So, You need to choose someone with the relevant skills, experience, interest, and authority required to accomplish the task.

    7. Stop Delaying

    Time Management

    Perhaps the work seems overwhelming or not good. So, You may be putting off work for a type of reason and Try breaking down the exercise into smaller segments that require less time commitment and result in specific, realistic deadlines.

    For instance, If you’re having a problem getting started, you may need to complete a previous job, collecting things, or organizing your notes. Also, try building in a reward system you complete each small segment of the situation.

    8. Manage External Time Wasters

    Meanwhile, Your time may be impacted by external factors imposed by other people and things. But, you can decrease or eliminate the time spent on these activities.

    Like, Telephones use voice mail, and after some time to return calls, avoid small talk and stay concentrated on the reason for the request.

    Take any necessary action immediately following the call, Unexpected Visitors Don’t schedule meetings unless they are required and have a specific purpose or plan, Create a central region for posting communications such as appointment reminders, announcements, and messages etc.

    9. Don’t do Multi-tasking

    You lose time when interchange from one task to another, resulting in loss of productivity. Nowadays, psychological studies have shown that multi-tasking does not save time. But, The opposite is often exact. So, Routine multi-tasking may show difficulty in concentrating and maintaining focus when required.

    10. Stay Healthy

    Premium Vector | Stay healthy lettering

    Scheduling time to rest can help you renew, both physically and mentally. Hence, The care and attention you give yourself is an essential investment of time. Scheduling time to modify, or do nothing, can help you renew both physically and mentally, authorize you to master tasks faster and easier. Meanwhile, Learn to manage time according to your biological clock by scheduling priority jobs during your summit time of day, So, the time your power level and concentration are at their most.

    Hence, Poor time management can result in moodiness, fatigue, and more frequent illness. So, To reduce stress, you should prize yourself for time management success. Most importantly, Take time to recognize that you have accomplished a significant task or challenge before moving on to the next activity.

    Now it is imperative to do the work smarter than working hard, so we need to do more work in less time, so the very first thing to do for this is:

    A. Obligation scheduling

    If you can’t just inwardly plan to get things done. You have to calendar what you are going to do and when you are going to do it. Then you must make a meet with yourself and keep it as if it were a dinner with your top client.

    B. Effective efficiency

    So, Efficiency means that we do the best task possible in the least amount of time. Firstly, you need to know how far a task will take. Secondly, you need to control if you can reduce that time without losing quality.

    Meanwhile, Getting up at 5 a.m. has better health and productivity: it’s not enough to just plan. You need to be exact about the amount of time the task takes. Keep track of how particular long actions take and work towards shrinking the time without losing quality.

    D. Present focus

    Hence, The most significant opponent of productivity is a distraction. The ability to stay active seems almost hard in today’s world. You do schedule efficiently and still lose because your mind drifts or calls, or an email pulls you away. Staying in the “now” and the present will increase your productivity.

    Conclusion

    So I conclude here by saying that use times in a very productive way so in the future you can get more time to do many things. If time passes, it will never come again, so use your time wisely.

    Also you can read our blog on How to Keep People Satisfied?

    FAQ’s

  • Time Marketing: An Unknown Concept

    Time Marketing: An Unknown Concept

    Have you ever heard of this term Time Marketing? Maybe or maybe not. It sounds like a new concept right, but it’s not, timing is always needed in marketing. So let’s understand what exactly this concept means.

    Time Marketing, formally known as “purchase timing “behaviour, is the concept of when to introduce a new product in the marketplace. It’s all about finding and creating guidelines about when is the right time to position a product in a market.

    WHAT’S IN IT 

    Examples of Time Marketing

    Time Marketing

    Some obvious examples of time marketing are:

    • The advertisement of fans, cooler, air conditioners and ice-creams that goes on air on televisions and departmental stores as soon as summer season is up as people urge to buy all these to escape from hot waves of summer.
    • Geysers, heaters or blankets promotions are more in the winter season not in summer as they are some necessities of winter.

    These examples illustrate the importance of time in marketing. But now let’s talk about some facts and findings. 

    Technically speaking, customers buy products at different phases of the day and different days of the week.

    According to a research conducted it is found that 80% of diaries, i.e., (15% of the total market) are sold in November, and people buy kitchen and cookware gadgets in May and June the most.

    Real-time Marketing 

    DETAILED EXPLANATION ABOUT REAL-TIME MARKETING - Lapaas Digital Marketing Company and Institute

    Real-time Marketing is not like any other marketing plan which has to be developed in advance to be successfully executed.

    Instead, it is done on-spot according to the prevailing situation happening both offline or online at a specific place to promote the product, especially by using social media. It is “on-the-fly mode” of marketing.

    Certainly, seizing the right moment is a significant factor for real-time marketing.

    Also You can Read our Blog on DETAILED EXPLANATION ABOUT REAL-TIME MARKETING

    Some examples for better understanding are:

    • The real power of real-time marketing was shown by Oreo when during the Super Bowl XLVII, there was a 34-minute massive power out in New Orleans, the Oreo’s media company 360i immediately tweeted a photo of oreo cookie in the dark with a line “You can still dunk it” followed by a caption “Power out, no problem”. 

    With a single tweet they took over the world, it received 10,000 retweets in an hour which saved them millions.

    • Secondly, as every business has a social media account, quick response to the followers or customers is an excellent opportunity for real-time marketing just like Wendy’s did:

    When Carter, a super nugget fan, posted a tweet, “Yo @Wendy’s how many retweets for a year of free chicken nuggets?” In its response Wendy’s quickly replied “18 million”, and the game was on, Carter tweeted “Consider it done”.

    In a couple of weeks, Carter’s post of retweets went viral and dethroned Ellen DE Generous record of the most retweeted tweet. A quick response helped Wendy’s gain publicity that may cost them millions.

    • In 2014 Grammy’s singer Pharrell Williams wore a hat resembling the logo of popular restaurant chain Arby’s to the event.

    There the marketing team of Arby’s grabbed the opportunity and quickly tweeted “Hey @Pharrell, can we have our hat back? #GRAMMYs”. This was an instant hit with 81,410 retweets. That’s what we call real-time marketing.

    History

    History - WBSU
    • Real-time marketing or RTM may sound new to you, but it’s been around since the mid-90s.
    • It was the time when the companies realis the shorter campaigns are more effective than the year-long marketing campaigns which hamstrung their abilities.
    • To enumerate, with the uprising of social media, RTM burst on the scene in early 2000, which made it possible for the businesses to know what’s in trend and quickly responded to their customers.
    • As an example, if Prince George was first born, Warburton established a brief but unforgettable RTM effort, that had been captured up from the little one fever.

    Successful strategies for Real-time Marketing (B2B):

    • Always be listening

    To do effective real-time marketing, always stay updated with all the latest trends. Here are some ways to do so:

    • Firstly, use the technology and set on google alarms or you may use boots to set alerts to give you updates on the latest trends or happenings in your industry.
    • Secondly, read industry publications, magazines, newsletters to remain in current trends.
    • Thirdly, from time to time, monitor your industry’s events and your competitors.
    • Also, build a relationship with influencers and follow them. They can help you promote your brand.
    • Resources

    Always be prepared; keep your resources ready to act. So that when the opportunity arrives you are prepared to grab it.  

    • Ambassador Network

    There are two factors on which successful real-time marketing depends: creative thinking and engagement. That is certainly the reason exploit on your personnel’ advocacy apps and societal ambassadors to permit their websites to find out more about the initiative.

    • Know where the conversation is

    Unlike B2-C, at which the conversation is anywhere, B2B is much more centred. That is certainly why inspect all the industry books, magazines, functions etc., talk to prospects specifically. This may assist your workforce to know the consumer’s behaviour and detect options for real-time marketing.

    • Not one and done

    Follow your customers, not like a stalker but as a problem solver. Be a part of their conversation and make sure that when the time to buy comes, you are the first in their mind.

    Why is it important?

    Why Is That Important? | Listen via Stitcher for Podcasts

    Real-time marketing is essential because of the following reasons:

    • The lifeline of a company is its financing, i.e., money and RTM helps the companies to save it, as it doesn’t cost a million to be creative and relate the brand to popular internet trends.
    • Being trendy is in fashion, whenever a company links its brand or product to the latest trend or a social cause, that brand becomes more appealing, and the customers start promoting it on their social media accounts and are more likely to buy them.
    • With RTM, businesses can reach more of their customers, and by personalizing the messages across the social media platforms, companies can increase the engagement quality with customers.
    • It also allows the companies to cut out the noise and connect with their prospects/people at the right time and the right place.

    Right time Marketing

    Time Marketing

    Right-time marketing is not only about the right time, but as the 4P’s of marketing, it also includes 4R’s of right-time marketing: 

    1. Right Person:

    Firstly, the identification of the right person/audience through the combination of all data collected from the internal customer and the prospects as well the demographic and firmographic enhancement by the third party.

    1.  Right Channel:

    Secondly, after identifying the right person, marketers must find the right channel to reach their target audience.

    As consumers use different devices and use more than one channel to research or purchase, marketers must use a multiple channel approach for providing a seamless experience to customers.

    1. Right Moment:

    It means waiting for the right moment to market your brand with relevant messages.

    1. Right Answer:

    It means finding the right answers to meet increasing consumer’s expectations by combining the correct data across multiple channels to understand a consumer’s behaviours at the right moment. 

    Some key findings:

    • A survey was conducted about whether data is essential for current marketing activities, 80% of the respondents said yes, and out of that, about 57.1% said it’s critical.
    • About 77.4% of respondents said that they are confident in a data-driven marketing approach.
    • 68.5percent participants asked regarding the most important attention in their online affiliate marketing and advertising tasks they explained”concentrating on of messages and creative content”
    • About 52.7% stated “Demand to deliver more relevant communications to customers” when asked about the factors responsible for investing in data-driven marketing.

    The Right Time to Market

    It is essential to combine ‘real-time’ and ‘right-time’ marketing to find the right time to market. 

    There are three concepts to understand the market, the 3 Cs to decide the right time to market:

    Context of engagement, the channel through which it takes place and characteristics of the audience.

    To engage with your customers at the right time, rather than just in real-time understanding, these three C’s are supreme.

    Here are some few examples of questions that marketers can ask to apply the above concepts:

    Context (WHAT?):
    • Is he/she a recurring customer or one-time purchaser?
    • How is the customer’s preference related to our inventory?
    Channel (WHERE?):
    • Has she made a purchase offline, online or through both the ways?
    • What is the pattern of customer’s shopping (time, day, etc.)?
    Characteristics (WHO?):
    • How much do they spend and in which category?
    • Is she/he an old customer or a new one?

    Conclusion

    As discussed above the timing factor is vital in marketing as time never stops for anyone; once you miss the right time to market your product, the opportunity is never going to come again. 

    To sum up, the right time marketing is the next wave of innovation and using real-time marketing and right-time marketing can give solutions to many marketing problems.

    FAQs