- So,
what did you learn about your numbers so far?
(audience member murmuring)
Time is very valuable to waste, good.
What did you learn so far?
(audience member murmuring)
Hmm?
(audience member murmuring)
Some shit to take off your schedule, very nice.
Yes?
(audience member murmuring)
Yup, yup, that's very true, very true.
So if you're honest, we're not productive all the time.
We cannot be productive all the time.
And how do you define productive?
The way I define productive is very simple.
Income producing activities.
- [Announcer] The King of High-Ticket Sales,
World's Highest-Paid Consultant,
Media Celebrity,
Multi-Millionaire Entrepreneur,
Acclaimed TEDx Speaker,
International Best-Selling Author,
Dan Lok.
- The question you have to ask yourself everyday,
when come the morning, is what I'm doing worth blank,
bring your number, an hour to do it.
You wanna be a millionaire?
You wanna make a million dollars a year?
Is what I'm doing worth 15 hundred dollars an hour to do it?
That probably eliminate 99% of the shit that's on your list.
(audience chuckling)
And you wonder why we try so hard, we work so hard.
It's not about working hard.
The funny thing is, the more you try to save time,
the less time you seem to have.
It's not about saving time,
it's about working on important stuff
that makes a difference.
Even if you can work on important stuff in an hour,
and you get that done,
and that could power the company to the next level,
that's very productive.
You work on something for days and hours and weeks,
and you get no results, that's not very productive.
And the question people sometimes have is
that's burning countless productive time.
Nope, learning is learning.
Learning does, although we acquire more knowledge,
help you avoid some mistakes,
would that help you create more time?
Yes? Yes.
That, when you're learning, when you're reading a book,
when you're attending a workshop,
that does not count as productive time.
When you convert what you learn into results and actions,
yes, that's productive time.
So don't be telling me, "Oh yeah Dan, I go to this workshop,
I spent three days there.
Was it productive? It's not productive?"
It's not productive unless you take what you learn
and apply it, that's productive.
Keep attending workshops here and there,
and attend ten workshops a year.
Doesn't mean shit. It does not mean anything.
Does that make sense so far?
Okay, so is what I'm doing worth x-amount per hour to do it?
In fact, repeat after me, use your number.
Is what I'm doing--
- [Audience] Is what I'm doing--
- Worth--
- [Audience] Worth--
- Repeat your number.
(audience murmuring)
an hour to do it?
- [Audience] An hour to do it?
(groaning)
(groaning dramatically)
- Okay, the key question you should have
on your mind constantly, constantly.
So give me an example, one person,
how much your hour's worth, anybody, just anyone.
(gesturing and murmuring)
What's the number?
- [Audience Member] 340.
- 340? Three hundred and forty an hour?
Okay, so just imagine, imagine, whatever you do,
let's say, you--
Give me, give me a task or something that you waste time on,
you feel like, "Ah shit, I'm wasting my time."
(audience member murmuring)
Accounting stuff?
Okay, so let's say--
Let's say you wanna save some money,
we wanna hire a bookkeeper, okay?
Burn this picture in your mind,
the hour you're taking a hundred dollar bill,
you're just burning it.
You're burning it.
That's three hours that's spent shit.
That just cost me money.
Burn that picture in your mind, that's how I see it.