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.

Click here to read full article.

Click here to check out his new book, The Art of Being Unreasonable.

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Kevin Kruse is a NY Times bestselling author and keynote speaker. Get more success and tips from his newsletter at kevinkruse.com and check out keynote video clips. His new book, Employee Engagement 2.0, teaches managers how to turn apathetic groups into emotionally committed teams.