Eli Broad is the founder of two Fortune 500 companies and has an estimated worth of $6 billion. So when he offers up time management tips, I’m all ears.
Excerpts from his recent Fast Company article:
People who have been in meetings with me have probably heard me say, “Let’s move on.” That’s how I tell people they’re on the verge of wasting my time.
Time is the most valuable thing you have–and I’m not just talking about the minutes for which you’re paid.
I try to be in control of all of my time–from the first hours after I wake, to the slower hours before bed, to all those little minutes that get eaten up by idle chatter during meetings. Being stingy with your time is the key to working 24/7 but still getting 8 hours of sleep, as I do almost every night.
As much as I value my time, I value everyone else’s too. A lot of executives act like their time isworth more than anyone else’s. But I always respect an employee who guards his or her time, even from me. I start meetings punctually, and if I don’t, I apologize. When I say, “Let’s move on”–and you should try saying it a lot more–I’m protecting my time and yours.
The bottom line is, watch your time like you watch your money. And repeat after me: Let’s move on.
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