Dec 5
If you have ever used a wedding planner, or read an article on Six Week Countdown to the Holiday, you’ve seen back planning in action. Getting dinner ready on time and getting out of the house on time in the morning are routine back planning “projects” in the home. Any Liberty Bell deadline is a subset or first cousin of back planning. Read more
Daily Dose 45: Back Planning
If only one tool could be in your priority stewardship toolkit, back planning would be the tool I would select. Maybe I favor it, because back planning is the Swiss Army knife or Leatherman of time tools—many tools ingeniously packed into one! In conjunction with the Liberty Bell Deadline—oh, wait, you probably have never heard of a Liberty Bell Deadline. We need to start over.
Daily dose 45: Liberty Bell Deadline
The Liberty Bell Deadline resulted from my most horrific experience in elementary school, an event so cataclysmic, it changed my life forever. Read more
When people think about time management, they often think in terms of becoming more efficient, taking less time to do a particular job, or eliminating wasted motions. When we automate a particular task, we are doing just these sorts of things.
At some point in the automation process, however, we become as effective and as efficient as we can be. No matter how we streamline bed making, it will always take some time to make a bed. The only way to get to zero is to not do the job! Read more
Accrued benefits, compounded interest, and passive income. . .who cannot be impressed with how much money a ten-year-old might have at retirement if they would only save a thousand dollars a year? The drawback is the people seeing such charts are usually forty-somethings who still have not saved a thousand dollars a year and are often heard saying, “If I had only known this twenty years ago…” Read more
For those more familiar with the kitchen than the tool shop, one of the time tools over there in the corner looks strangely familiar . . .could that really be a carrot hanging above the workbench?
An office worker recognizes it as a record of rolled over unused vacation days and personal time off hours, common accrued benefits of the business world.
The entrepreneur is sure the tool looks a bit like the passive income generated by the interest, rental income, and astute investments he is used to seeing.
Think of the tool as accumulating future benefits. A small benefit, of little value at the present time, but increasing consistently over the years until it reflects a substantial amount. Read more
Priority Stewardship 